It is expected that the market will be driven by the greedy sentiment after Trump takes office in January next year. At this stage, positions should be gradually reduced and the proportion of cash holdings should be increased to cope with subsequent fluctuations.
After the greed fades, the price of Bitcoin may break through $120,000, but the correction will gradually increase. For example, the recent 15% correction of Bitcoin and 40% correction of altcoins may occur again, which will be a good opportunity to gradually cover the cash position.
The key next year is to seize two opportunities:
1. Gradually reduce positions during the greedy phase to lock in profits.
2. Decisively accumulate funds during the panic phase and position yourself at a low level.
In addition, it is recommended to switch to spot operations and stop using leveraged contracts to reduce risks and move forward steadily. $BTC
