Can we still buy the dip?

#“圣诞老人行情”再现

Maybe! Why do I say that? Look, BTC has risen back to 98,000 now. Since the 23rd, ETH hasn’t followed the decline, and yesterday BTC even rallied. The market liquidity is extremely low right now, and the US stock market is closed tonight, so large liquidity won’t resume until after New Year's. If there’s any bad news during this time, BTC might drop, and altcoins would follow, which would be a good opportunity to buy the dip.

However, whether it will drop or not depends on market sentiment. After New Year's, speculation about the new president will begin. The real trend market will probably have to wait until mid to late January to early March. So, before mid-January, let’s see if the “big players” behind the scenes will give us an opportunity.

2. Can the future trend market arrive on time?

It should, as long as there are no economic issues in the US, Trump isn’t assassinated, and Japan doesn’t cause any trouble. The probability of these events happening is quite low. Then the trend market should be fine. Moreover, according to historical data, after a new president takes office in the US, the stock and crypto markets tend to perform well. There’s data to support this; after all, a new official usually comes in with a lot of enthusiasm.

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