The Bitcoin daily chart correction is approaching a key support level. Since it's a correction, we need to find effective support based on the market trend during the decline and see if a stop-loss signal can appear at the key support level.
Simply predicting prices has no practical significance; we need to analyze the overall market by examining the subtle clues of bullish and bearish strength within the entire oscillation range.
What's interesting about this Bitcoin correction is that many strong altcoins, have you noticed, are no longer following the decline.
On the other hand, weak altcoins have already seen a decline greater than that of Bitcoin.
For future trends, this phenomenon will only become more pronounced, leading to more severe differentiation.
There will be a performance where the strong get stronger and the weak get weaker, and this trend will present new challenges and tests for us.
From the early year's firm belief that this bull market would earn a substantial amount, to the current end-of-year desire just to break even, this reflects the reality of many investors in the crypto space this year.
The path of investment is not about being a winner for a moment; it is a long-term, continuous process. The true winner is the one who can laugh last.
Therefore, every day ahead is crucial, as it will impact what kind of gains we will ultimately achieve in this bull market.
Staying true to the original intent and persevering with a rock-solid belief are essential qualities for us to achieve results in this field.