Reviewing recent secondary market trades. The following content was shared in the teaching group, no fluff, and I don't feel like taking screenshots.
Initially, at the end of March and early April, I observed a reversal in the downtrend and went heavy on BTC and SUI/CETUS/BNB/SOL around 78,000. However, when Trump stirred things up, the market experienced an unexpected dip. I cut some positions and cautiously added a bit more around 76,000.
This unexpected event also made me less confident in the BTC rebound. I reduced my BTC and altcoin positions around 93,000 but bought back again at 95,000.
After last night's critical point passed, the general outlook is towards the previous high. Someone in the group shared a K-line chart, which has been spot-on so far. If that chart turns out to be accurate, I'll have to revere them. But honestly, I am quite optimistic myself.
I really don't feel like discussing the secondary market much lately. My focus hasn't been on it, which has led to some operations not being executed perfectly.
By the way, about EOS—new bottle, old wine—there's definitely a scheme. Just the change of hands alone, this is the second time I know of. Token swaps essentially determine how much token liquidity dies, reducing selling pressure. It's one of the market maker's testing methods.
Also, I've observed a few "dead" tokens on Binance that are actually 90% highly controlled. The market makers are losing money, and there's no real community behind them. They just got lucky getting listed on Binance. The leverage multiples and position sizes are limited. Whether these tokens can pump later entirely depends on the market maker's strength. I've placed a small bet on them.
As for those IDO tokens, I only took a position in Lorenzo, which is BANK. I directly bought spot, and the position isn't large. Currently observing a few other IDO projects—these are EASY MONEY.
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