Recently, I took a look at the privacy coin sector, and DASH has been performing very aggressively these past two days. I have already completely cleared my positions. ZEN is also catching up, although not as strongly as DASH, but at least I managed to catch some. Just after waking up, I glanced at the market in a daze and immediately sold everything and walked away.



On the BTC side, most of the U-based long positions are nearly closed, but the coin-based longs are still maintained.

Here are a few simple observations:

First, Bitcoin is currently approaching a resistance level, and it looks like it’s about to hit the ten thousand mark. The resistance at this critical point will become more and more apparent.

Second, the privacy coin sector is extremely strong right now. I caught DASH in the past two days, riding two waves in a row. It seems like I can take a short break for now and let the bullets fly for a while.
DASH-2,14%
BTC-2,46%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
EntryPositionAnalystvip
· 4h ago
DASH this wave is indeed fierce, but I still think the 100,000 level will be more difficult to break through, mainly depending on how BTC stabilizes. Privacy coins have been炒得挺猛的, but I think the risks are also significant. Early action is not a bad idea. Wait, you still have your coin-based long positions? Are you betting on a breakthrough or what? That's a bit bold. Closing out positions is indeed prudent. With the privacy coin sector so hot this wave, staying calm and waiting for opportunities might be more cost-effective. After two waves, does DASH still want to continue playing, or are you planning to wait and see for a while? It feels like the pressure point is getting closer.
View OriginalReply0
AltcoinHuntervip
· 22h ago
I learned this move of clearing out in a daze, next time I lose, I'll just sleep on it again. DASH is indeed fierce this time, but privacy coins are also risky at the moment, who knows, a policy change could end it all overnight. The 100,000 level is really stressful, but I think this time is truly different... What, I said the same thing last time? ZEN is catching up but with weak momentum, it feels like picking up sesame seeds and losing watermelons. I'm still holding long positions in coin-backed futures, brother, are you gambling your heart or supported by technical analysis? The privacy coin sector is indeed strong, but it feels like yesterday's meme coin hype, which cooled off today. Clearing out and walking away is smart, I want to learn your rationality... but privately, I’ll definitely go all-in again.
View OriginalReply0
GasFeeAssassinvip
· 22h ago
DASH this time is really crazy, I woke up and it's soaring. The privacy coin sector has completely taken off.
View OriginalReply0
SignatureAnxietyvip
· 22h ago
Ha, privacy coins are really fierce this wave. DASH has skyrocketed directly. Looks like you caught two waves and got out safely. That move is flawless. The 100,000 mark is indeed a bit risky. We'll see how BTC performs later. ZEN's recent gains feel a bit like mosquito bites. But clearing out is the right move. Staying too long in this market makes you vulnerable to being trapped. You're still holding long positions in coin-margined contracts. Are you betting that BTC can break through? I have to say, the privacy coin sector is really strong this round. Seems like there's a sign of a change in the trend. Wait and see if DASH will pull back after this wave or if it will directly enter a new high mode. Clearing out and walking away is definitely the best strategy. I just don't have your reaction speed; I always hold on for a couple more days.
View OriginalReply0
failed_dev_successful_apevip
· 22h ago
Privacy coins are really on the rise this time, DASH has taken off directly. Did you guys get on board?
View OriginalReply0
0xDreamChaservip
· 22h ago
Privacy coins are indeed fierce this wave, with DASH pulling a bit too far, but clearing out is also a rational choice, after all, chasing highs easily leads to being trapped.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)