There are many flash crashes in the bull market, and the drop is a good opportunity to buy. When the market has a small correction, you need to use the funds on hand to find strong currencies and buy them decisively.


A bull market cycle does not end with a pullback. The more liquid popular tokens are, the faster they can reverse from a short-term pullback and reach new highs. For example:


ACT

PNUT

GOAT

DOGE

NEURO

BABY

SHIB

There are always rules to follow when starting each market cycle. Macro factors dominate expectations, expectations affect emotions, emotions change supply and demand, supply and demand drive prices, and the cycle repeats itself.


In the current market, many people are unsure whether this is a top signal or the bull market has just begun.

Too many factors make it difficult to predict where the market will go next.

So I spent 10 hours digging through all the data to figure this out.

We have finally emerged from a 300-day period of constant adjustment and consolidation.

Now, we are in the optimistic phase where many are starting to believe again that a cryptocurrency super cycle has begun.

But here’s everything you need to know about current market conditions, and my conclusions:


Due to the oversupply of altcoins, one thing is clear: not all altcoins will grow, and it can even be said that very few altcoins will grow.


Judging from the current upward trend, BTC should continue to grow for 1.5-2 months:

Candlestick chart - correction or pullback/consolidation - and then rise again.

I don’t know where the highest point will be, and no one can tell for sure.

Don't believe the myths, sell when you see excitement, buy when you see disappointment and fear.

No one can accurately capture the highs or lows, so don't try, it's a fairy tale not worth chasing.

But you can continue to sell at a higher price than you bought and buy at a lower price than you sold.


When BTC breaks the ATH, it will soon move to the sidelines.

BTC’s dominance will begin to decline, ultimately providing altcoins with an opportunity to grow.

Overall, we can already see that liquidity is flowing into the altcoin market due to the first major surges in ETH and SOL.

Trump’s victory is driving ETH forward, and we can already see ETH starting to get ahead of this trend.

Currently ETH has broken through $3,400, and the ETH ETF has also ushered in the largest inflow day in history. I think it is heading for its all-time high.

Justin Drake of the Ethereum Foundation has hinted that he will share a beacon link diagram for a redesign of the Ethereum consensus layer during Devcon (November 12) in anticipation of ETH 3.0.

SOL has been strong, but there is a lot of uncertainty surrounding the SOL ETF.

Everyone knows it will happen, but the key is whether it will be this year or next year.

If it were this year, it would give SOL a chance to grow substantially.


Trading volume begins to grow actively, and as of BTC’s all-time high, Solana’s trading volume is $4 billion

This indicates a massive influx of liquidity that is exploding over time.

This is happening even though major inflows from retail investors have yet to return.


Importantly, on the 13th of this month we will get data on inflation.

Previously, we were told that everything was under control and inflation had fallen.

But how the future will develop remains to be seen.


The Stablecoin Index represents new capital entering the cryptocurrency market.

Now, it has started to rise, indicating an increase in interest in cryptocurrencies.

However, it is still well below the highs of the previous cycle.

And don’t forget, FTX has only just begun to pay out its $16 billion.

This will also trigger a new wave of buying pressure and bring in a new influx of retail investors.

As most of the recipients are likely to re-enter the market.

Overall, in the cryptocurrency market, it seems that we have not yet reached the ATH.

If this cycle repeats, BTC’s dominance will decline within a few months, and then the alt season will start to go crazy.

The only thing that could derail this process is the global situation, which is unpredictable.

There is no way to tell when and at what price the ATH will occur, so don’t try to guess.

Currently, BTC continues to grow explosively, reaching $90,000 and then slightly pulling back, but it has surpassed the market value of silver.


I can say with certainty that considering the global economic situation, I believe it will not be difficult for BTC to reach $200,000 in this cycle.

Remember, if you view your position as a long-term investment, a market drop should be viewed as a gift. It provides an opportunity to buy more tokens.


Finally, it is crucial to have a strategy before making any purchases, and never invest all of your money.


I hope this topic is helpful to you. 🙏Thank you for your likes and support👍