After the Christmas and New Year holidays in Europe and the U.S., the cryptocurrency market experienced a brief decline, with Bitcoin dropping from $100,000 to a low of $92,000. However, with the end of the holidays, significant funds flowed into the cryptocurrency market, raising Bitcoin back to the $98,000 level.

Today (6th), the U.S. will certify Trump's official election, but currently, despite FTX's compensation and the expectation of Trump taking office on the 20th, the enthusiasm of off-exchange funds around $100,000 has significantly decreased, and on-exchange funds have mostly digested, temporarily in a weak balance state. Neither side wants to easily give in. The good news is plentiful, and market confidence is quite stable; it is highly likely that it is bottoming out after the last big rise.

In the short term, Bitcoin is expected to bounce around the range of 96,000-104,000. But we must keep an eye out; before the wise king takes office, the market may suddenly brake and wash out the last few who are not firm.

Pay attention to the following content to guard against market shocks.

This week has a lot of macro data, which may lead to sharp fluctuations. It is recommended to treat all of them as pullbacks to enter long positions and only focus on the entry and exit points.

January 9

The Federal Reserve will announce the minutes of the December monetary policy meeting (03:00)

January 10

U.S. December adjusted non-farm payroll (10,000) (21:30)

U.S. December unemployment rate (21:30)

Altcoin situation: Last chance to buy the dip?

Recently, many altcoins have started to oscillate upwards again, with some altcoins beginning to rally ahead of time. However, the overall trend of altcoins has not yet unified, but they have basically started to gradually complete bottom repair.

Despite this, many altcoins remain in the bottom range. For spot trading, there has been ample time since December 20 for everyone to dollar-cost average and buy the dip. Therefore, if there is another pullback recently, it may be the last good entry opportunity.

After all, we can see that the market often follows cyclical patterns. Taking the bull market from the end of 2020 to the beginning of 2021 as an example, Bitcoin had just broken through its historic high, the U.S. election had settled, and market sentiment welcomed a once-in-four-years bull market cycle. This is similar to the current market environment. Therefore, if history repeats itself, then the period around New Year's may be the last golden window for buying the dip.

However, it should be noted that opportunities in a bull market far exceed those in a bear market. More opportunities exist in patiently holding positions and waiting for rises, rather than frequently buying and selling. The so-called 'carving the boat to seek the sword' method refers to once you grasp the right timing, you should maintain composure and not act lightly.

Now there are still two weeks until Trump officially takes office. Today, Congress certified Trump's victory, and on January 20, Trump will officially be inaugurated. This period is a favorable expectation.

So in the short term, altcoins will continue to be speculated on the Trump concept or derived Trump concept currencies. Some of these currencies are still in the bottom range, and Trump concept coins continue to soar, with TREMP, MAGA, and FIGHT showing obvious trends, basically controlling the increase from 50% to 100% from the 2nd to now. Rapidly widening the bottom range has momentum behind it and is expected to create tenfold space in the coming two weeks. To speculate, one must learn to leverage short-term momentum and inertia; be bold!

Employment sector: RSR, ZRX, DYDX, HNS

Trump sector: AAVE, ONDO, LINK

Grayscale sector: LTC, BCH, ZEN

Payment sector: XRP, XLM, ADA, AGLD

Musk sector: DOGE, PNUT

Finally reminding everyone to remember to take profits in time and dynamically adjust strategies!

In a bull market, even if you miss certain buying opportunities, there is no need to regret it. The characteristic of the crypto market is its volatility, with new opportunities constantly emerging. When the market begins to enter an accelerated upward phase, timely adjusting positions and gradually taking profits is key to long-term profitability. Do not be obsessed with buying the dip every time, and do not fear missing out on rises. Opportunities to enter are more frequent than those to exit; go with the flow to better enjoy the benefits of the bull market.