Bitcoin rises, altcoins fall; Bitcoin falls, altcoins continue to fall. Seeing these junk coins launch and then plummet by over 50%, the crypto space has become a slaughterhouse for capitalists. Jumping in at the opening leads to nine deaths out of ten; one could say that besides VCs and project teams, everyone else is getting slaughtered. Altcoins are sacrificed, with boundless magic, and confidence in altcoins is dwindling. It’s meaningless; buy a little and lose a lot. Playing for thrills is the process, losing money is the result. Quality altcoins are few and far between. When the market comes, it only surges for a few days, quick and short-lived, then it cools off.

To summarize the key points from tonight:

1: Bitcoin has little room to move; one can choose not to operate and continue adjusting as the main focus.

2: Ethereum shows signs of bottoming out on the four-hour chart; I personally firmly believe it will catch up, as Bitcoin has already flowed back to Ethereum.

3: Analysts indicate that now is the time for Ethereum to hit new highs, while Bitcoin is entering Santa Claus mode.

4: Retail investors are selling ETH out of panic, while Wall Street is continuously buying in.

5: MicroStrategy's trading halt on BTC purchases will be paused in January (negative news).

6: Binance announced today that it will delist BLZ, directly crashing by 40%. The first half of the bull market also saw a 7-fold increase; the risks with altcoins are too high.

7: USUAL coin is impressive, rising all the way. It’s worth researching; buy strong, avoid weak; one can allocate during pullbacks.

8: He Yi: Most meme coins will go to zero, and Binance will place over a hundred hot projects into the Binance Alpha observation zone.