Bitcoin's trading volume is shrinking, price fluctuations are narrowing, and structural patterns are converging. A change in trend is expected today or in the next couple of days, shifting upwards! The BTC market will not drop to around 86K like some pessimistic retail investors believe. Before Trump took office, three scenarios for BTC's future trends were projected:
1) Completing the Aitler triangle adjustment wave, with a low point at the Fibonacci ascending channel 0.236 near 91.5k, with a slightly longer oscillation time, starting to rise next week;
2) Oscillating and accumulating above 0.236, with a low point also near 91.5k, starting to rise after New Year's;
3) Dropping to the 0 axis near 86,000, forming an inverse head and shoulders structure, and then rising again; based on the strength changes in long and short positions, I prefer the first option, with Bitcoin oscillating upwards to historical highs.
The correction period for Ethereum and altcoins is about to end, entering the last phase of this bull market. From Trump's election to December 16, there was an increase of about 75% over nearly a month and a half, followed by a correction phase lasting less than half a month, with a 22% drop including a spike. Such corrections are typical during a bull market, both for Ethereum and altcoins, where a similar correction cycle occurs during the rise. You can directly refer to the correction from January 12 to 25, 2024, which had a drop of 20% and a similar time frame. It's the same stage as now. This will be followed by an accelerated rise.
(1) The fear index has reached its lowest value since October.
After experiencing half a month of market washing and warehouse shaking, ETH's trading volume has reached its lowest point since Trump's election, and even the coinglass fear index has hit its lowest value since October. Especially after continually drawing doors, this wave of market washing is nearing its end.
In the past few days, Ethereum has repeatedly drawn a door, constantly shaking the warehouse, with two layers of goals. One is to wash chips through violent fluctuations, and the second is to test the market. Testing the loyalty of the remaining chips, don't let them all run away when the pull happens. The final result is reflected in the sharp decline of trading volume.
Ethereum ETF funds are continuously pouring in, and chips are constantly changing hands.
It can be confirmed that the new incoming funds are not from retail investors. This January of 2025 will be similar to February of 2024, as Ethereum will enter the last phase of the bull market, accelerating upwards, and then ending.
(3) Bitcoin's market share continues to decline.
Bitcoin's market share continues to decline, and this bull market is almost over! What's left is the time for Ethereum and altcoins; it won't be far away! 2026 will definitely be a bottom year, so grasp the remaining few opportunities in 2025! ALL IN ETH and altcoins!
Today, American coins led the way, congratulations to XRP, XLM, ADA. Ethereum is at the end of a triangular convergence; generally, after a sharp drop, the probability of the triangle converging downwards is higher, but the altcoins have broken upwards first. It is expected that Ethereum should break upwards this time. Hopefully, the altcoin season is really here.
That's all for today. During the bull market phase, many people hope to create a free communication group. If you really can't manage the crypto market on your own, don't force yourself. Come find me for mentorship, get the latest information, make plans, embrace the bull market, improve your winning rate, and say goodbye to being stuck at high positions.