BTC retreated sharply, breaking through the 30-day moving average of 98.7k and temporarily reaching around 95k.
In the past 24 hours, the entire network has seen a liquidation of US$1.023 billion, with over 300,000 people having their positions liquidated. Cherish your life and stay away from contracts.
So in the short term, it will be difficult to return to a strong position:
The overall market enthusiasm was too high some time ago. If nothing unexpected happens, the market, with the knife handed over by Powell, should be the strongest cleansing on the eve of the rapid completion of the copycat bull market.
But after this wave, a greater wealth effect is coming. No matter how miserable you are now, as long as you survive, you will eventually stand on the highest stage.
Operation suggestions: Do not blindly buy at the bottom, do not follow the trend, layout the mainstream, do not use high leverage, do a good job of position management, watch more and act less, and follow the trend.
In the long run, the current decline is not a big deal:
Besides, in the first quarter of next year, there will be 16 billion in compensation from FTX to enter the market, and there will be strategic reserve plans of various states later. The Fed cannot control these. The Fed is just an institution that prints money, and the Treasury Department is the one who spends money.
Therefore, the long-term upward trend of Bitcoin has not changed. This wave of pullback is to clear the leverage and then get everyone on board.
The Federal Reserve and Japan’s interest rate meetings have all been announced, and what’s left are Christmas and New Year’s Day, when there is little liquidity.
Look at the future benefits and calm your mindset:
Trump's re-election to the White House in January may promote relevant legislation, which will in turn affect the future direction of the crypto market.
Therefore, the time window from late December to early January is the time we focus on.
Perhaps starting from today is a good time to buy the strong copycat stocks at a bargain price!
Spot users will have one month to make adjustments, after which it will still be the MEME AI value copycat (top DEFI, high-quality RWA, top L1).
On-chain AI concepts have grown well, so please pay more attention to them. On-chain funds are more active.
When the market was falling, Trump bought 2.5 million US dollars of ETH. In this bull market, following Trump to speculate in cryptocurrencies is actually a good choice. The current addresses are: ENA AAVE LINK ETH ONDO and so on.
Tianmei recommends the recent rising trend of Zhifucoin:
◢ OK
I won’t explain it in detail as I have said it too many times. The RWA track is backed by big Wall Street capital, it is an emerging track for 24 years, and Trump holds a position in it.
◢ Dogecoin
Sweet girl calls it a MEME that will never lie, much better than that NEIRO ACT PNUT!!! Buy on dips, make regular investments, 1U is not a dream!
◢ Jupiter or Jito
Although the SOL ecosystem has been somewhat weak recently, SOL, as the most dazzling public chain in this round, has risen by more than 30 times from the lowest point of 8u. It is very strong. Even if you don’t hold SOL for a long time, you must have a copy of it!
◢ MOVE public chain
SUI MOVE Choose one of APT, I recommend MOVE. It also rose strongly today, not following the market at all! I also recommended it to you when it was around 0.6! Hold on firmly if you enter the market!
◢ Listed on Binance ($CHEEMS, $MONKY)
Sooner or later, one of these two dogs and monkeys in the BSC ecosystem will be listed on Binance spot, so let's wait and see!
ALPHA has been listed on Binance. For those who haven’t entered the market yet, I recommend CHEEMS as the first position, and add to the position near the beginning of 8. MONKY is the first position, and the position at the beginning of 16 is added
At present, the bull market has basically started. With the relaxation of policies, there will be many opportunities waiting for us to make arrangements.