Let's talk about my thoughts on doing two paragraphs recently
Since March, the overall feeling on the chain is that there are too few good targets, resulting in the fact that if there is a target that most people are optimistic about, even if it does not pull back to the ideal position, everyone will rush to buy it.
For example, $dark, I am very optimistic about the second opportunity, my expected bottom-buying position is 5M-7M market value, and compared with some AI coins with similar fundamentals last year, the downward adjustment is basically over in one to two weeks even if it takes a long time, but $dark actually held up for a month above the market value of 10m, and as soon as it reached this support level, there were retail investors who bought the bottom, and I also tried the position a few times and finally gave up when I saw that the K-line was too bad.
$launchcoin At present, I feel similar, the more cost-effective bottom-buying position is set in the 50M-80M range, but the optimistic consensus of this coin is currently very strong, it has been consolidating for 23 days, and there have been people rushing to buy it without falling in place, but the daily line in the past few days is this very short k-bar entity + long upper shadow, which gives me a feeling that it is not very strong. At the beginning, I was also able to value this narrative higher than the market value of 1B, which is a benchmark against other coins that appeared when the market was very good last year, such as $ai16z, as for how this coin will go in the end, I can't predict, but my principle is that I would rather go short than buy heavily if it is not in the ideal position.
Everyone is optimistic about why it can't go up? Then I can only guess that it is because the market makers are not confident in the overall on-chain liquidity, and they will hand over the goods to everyone first when they see that everyone's enthusiasm for buying is very high. So I suggest that you must think about a few things when you do the second paragraph recently:
1. Is the current price cost-effective?
2. Where is the stop loss set and how much money can I lose?
3. Is the narrative still in the pre-discovery stage?
4. Is there any continuity to the narrative? What are the next steps?
You can substitute these questions into e.g. $ibrl $trenches These coins that have been bullish a lot recently, think about why these coins haven't even rebounded in the second stage.
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