$124.05
24h
-6.16%
24 Apr, 16:06
CRCL expected to rally after consolidation period
Bullish+25.04%
AI Summary
The author is bullish on CRCL, expecting it to follow AMD's pattern of flat price action followed by significant rally, based on stablecoin industry and USDC fundamentals remaining intact.
When you select an industry,
sometimes it is also boring.
Today looking back at AMD that I mentioned before:
After I recommended it, it fell 60% in one go,
Then it rallied 5-6 times.
After you buy CRCL,
We might also experience a similar process.
That is, the stock price is flat,
The news is flat,
But you don't know when,
It will suddenly surge strongly.
Why I often talk about TSLA,
Because in the two years from 2017-2019,
TSLA's cars were selling better and better,
But TSLA was actually still on the verge of bankruptcy.
When Musk was high on marijuana,
He even said he would take Tesla private for 30 billion USD,
And sell it to Middle Eastern tycoons.
Just like when QQ first started,
Ma Huateng looked everywhere for someone,
Wanting to sell Tencent, similarly confused.
At this time you should not look at details.
You must ask yourself repeatedly,
Is there any problem with the stablecoin industry?
Is there any problem with USDC?
As long as these two fundamentals haven't changed,
Our outcome likely won't vary much.
Do not use a magnifying glass to look at details,
Use a telescope to look into the distance.
The tools themselves have no difference,
It is your vision that has made the difference.