Will there be a callback to the Cancun upgrade? Why? There is a high probability that the market will hit the market, where should we place the order? Why is bnb so important?

Tomorrow is Cancun’s upgrade.

Tonight’s content is particularly important to everyone. It can be used as an investment reference, but it does not constitute an investment decision. You bear the risk at your own risk.

Do I need to take profits when upgrading in Cancun?

Thirteen’s answer is: NO.

Regardless of the contract or spot in hand, we should firmly grasp it, especially if we get cheap chips at a low position, we should firmly grasp the orders opened at a low position, and do not take it lightly. Throw it out.

Because Shisan comprehensively analyzed all aspects of data, including the market trend of Ethereum after each upgrade, the attitude of the big guys towards cryptocurrency, the intensity of funds entering the market, etc., it was judged that the callback was unlikely.

Generally speaking, the pig's feet of this round of Cancun upgrades are Ethereum and the second-layer network. This round of rise has not given L2 a chance to perform. It has been completely robbed of the limelight by AI, and even the chain Youdu’s increase is larger than that of L2, which is a very strange thing in itself.

The fact that it has not risen means that this benefit has not been realized. If it is not realized now, it will need to wait until Cancun is upgraded.

Even if there is a brief correction after the Cancun upgrade, it is still a pin market. I should not panic but buy the bottom and cover my position.

This is a rare opportunity to get on the bus.

2,

WeChat continued to increase its position in Bitcoin. When the market sentiment was biased toward believing that the market would pull back, WeChat continued to raise funds to buy Bitcoin without any hesitation. .

The London Stock Exchange confirmed that it will accept ETN color number applications for Bitcoin and Ethereum in the second quarter of 2024. This is actually similar to ETF, except that ETN is only for institutions and not retail investors.

Institutional funds have another channel to spend their sweat freely.

Capital is raising funds to accelerate entry.

The scenery these capitals see may be different from ours, but they will never carry the sedan chair for us.

By reviewing the historical market conditions after each Ethereum upgrade in the past, there is a rule that everyone can refer to.

It is indeed said that the good news will turn bad news, but every correction occurs in a bear market, and there have even been times when the market was cut in half.

But as long as there is an upgrade in the bull market, not only will there be no correction, but it will accelerate the rise, with the increase being more than 30%.

So, we basically don’t have to worry about the market starting a correction.

When the market is expected to have a correction, the market will definitely not move like this, especially since L2 is now completely standing still and has not enjoyed the benefits of the good news at all. Instead, it has married other tracks. Clothes.

Therefore, Thirteen believes that the market will not have a major correction after Cancun is upgraded, but there may be a pin.

3,

Why is the pin inserted?

Because there is too much backlog of long funds in the market now, a huge amount of long orders have been accumulated from 3645 to 4000 through the liquidation map.

How to continue to pull Ethereum up must bear a heavy burden and move forward. If you were a banker, would you choose to cleanse these high-multiple orders?

#So, I request ten The friends in the three circles are in the first three circles and place orders at the corresponding positions.

Although the current market will not pull back in the general direction, the probability of a spike is very high.

This is in the bull market, and every opportunity to insert a pin is an excellent opportunity for us to get on the bus. I see that there are many short positions in the thirteenth circle.

In fact, I quite admire their determination. This bull market has grown like this, and they are still as stable as a rock waiting for a correction.

This is the issue of position control. Whether it is a bull market or a bear market, reasonable position layout is the key, otherwise you may miss this big market like you are now.

Many novices don’t know how to configure positions and control risks. This is the time. If you are in Thirteen Circles, Thirteen Circles will customize a set of exclusive position allocation suggestions for you.

Basically, it is impossible for you to be short in this bull market, and at the same time, you can control the risk to a minimum.

Follow the rhythm of the Thirteen Circles for a few months, and you can become a field control master in the currency circle.

Of course, Thirteen Circles does not guarantee freedom of wealth, nor can it be achieved. Everyone must give up this idea before entering the circle.

Thirteen circles can only guarantee that you will not go short in this bull market. Things like 8 times in one year and 36 times in two years are very difficult to achieve here in Thirteen.

4,

Let’s talk about bnb.

This is one of the currencies Shisan recommends in the circle. This bull market Shisan believes will definitely hit the height of 1,600 US dollars. At that time, we will start to reduce our positions and be safe. Of course It could be higher, but we won't eat the last copper.

There are several large investors in Shisan Circle who have signed a one-on-one nanny-level service with Shisan. When I make trading plans for them, the first thing I recommend is bnb and several other currencies.

Many people think that bnb is a centralized platform currency, which has many shortcomings and goes against the purpose of decentralization.

But Thirteen believes that Binance, as the absolute hegemon of global cryptocurrency, has been committed to promoting and marketing bnb. Let’s not go too far, let’s just say that this bull market must be the most beautiful of the entire cryptocurrency. The boy.

As long as Binance is still there, the popularity of this coin will not decrease.

I even think that bnb is more important than sol.

Although Boss Zhao is currently involved in lawsuits and the final outcome of the trial has not come down, this will not affect investors’ trust in Binance.

5,

Finally, I would like to remind everyone that if your positions are overweight or full, you must carefully sort out your positions, free up some short-term positions, and give yourself a buffer space.

Don’t lock yourself into thinking that the market will definitely rise.

The current market will indeed not correct according to normal logic, but once a black swan occurs in the currency circle, its power will be devastating.

I will kick you from the top of the mountain directly to the eighteenth level of hell.

The current market is extremely FOMO, and South Korea is even more crazy. This rhythm is very unfavorable to the continued rise of cryptocurrencies. A correction will definitely occur, and some smart investors have begun to reduce their positions.

Everyone must guard against the risk of a correction. Although it is believed that there will be no deep correction in the short term, a correction will definitely start at a time that none of us expect.

So please set a stop loss line for your short-term position, and keep moving it up as the market rises to lock in profits and ensure you have more cash in hand to buy at low prices.

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