Last night, Bitcoin suddenly gained momentum, just as mentioned in the previous article (A pin-shaped surge! Bitcoin soared to the sky! Trump is about to take office! How to keep pace? (Attached with a ten-fold increase in the bull coin)) "Breaking through 97200-97700 is a reversal, and it will soon reach 98200-98800. After digesting the pressure of 98200, it will hit the 100,000 yuan and above space." Bitcoin did not disappoint any of the bulls, rising 4% overnight and returning to $100,000.
We have been saying before that the U.S. stock market opened on January 6 and the liquidity of the Americans rebounded. Currently, Bitcoin has reached 101,900 U.S. dollars. The copycats who had called for bottom fishing around the 20th of last month are now making profits.
Next, the market will move like this:
Still, the sentiment has rebounded from the previous panic, but don't be too happy too soon. After all, there are still a few days until the 20th. Moreover, this week there is the unemployment rate, and next week there is CPI.
If the data looks bad, Bitcoin may drop, and altcoins, which have not increased much, may look worse. However, after the official inauguration on the 20th, there is still something to look forward to. Historically, the risk market has performed well within the first hundred days of a new U.S. president taking office. The risk market here refers to the stock market and cryptocurrencies. Looking at BTC's data, as shown, I hope it can stabilize above 100,000 this week; otherwise, it may be at the position of 98,500.
Pay attention tonight when Wall Street resumes work to see if Bitcoin can rally again. Many altcoins can be bought up because once Bitcoin finishes its rally, it will be time for altcoins to gain strength. This is called sector rotation.
We are now on the eve of the altcoin bull market. Whether specific friends are looking at short-term or long-term, or doing some swing trading, it depends on your own investment preferences and positions. Be sure to control the pace well! Altcoins are being severely drained by Bitcoin, and we have experienced this type of market many times, so we need to get used to the fact that every time Bitcoin drains, a new market will start. Bitcoin can only break through new highs when the market cap ceiling of altcoins will be completely opened.
Do not have the idea of making 10 times profit on a single cryptocurrency with secondary markets. Even if you have ten times the potential, you wouldn’t dare to heavily invest, and even if you did, you wouldn’t be able to hold on to it! Moreover, this will affect your profits in every upward market, leading to total withdrawal or even losses!
During the market rise, we must sell in batches, and long-term positions should not be too heavy. Try to use the majority of your funds for swing trading. Times have changed; do not seek the sword by carving the boat. If you do not grow, you will lose badly. Make yourself stronger by adapting to market changes.
As for selecting targets, I previously listed a few: mainstream and stable ones are SOL, BNB, DOGE, SUI, and then looking for some leading projects in public chains, MEME, and DEFI, especially leading projects in AI agents.
Reviewing MAX, it has gained popularity through growth, with an ecological explosion. After a small correction, it continues to reach new highs. However, it is still early for it to be listed on secondary exchanges.
Regarding APT
This wave has been ruthless, and the price in the short term is undervalued. 11 is its base point, and the price has been fluctuating around 11. Eventually, it will reach 11; whether it will peak again depends on the overall trend. Once the trend becomes clear, it is normal to see a wave of triple peaks.
Finally: The Christmas holiday of 2024 has officially ended. Yesterday, January 6, the closing price was 102,235, with a fluctuation of 11.2%. Based on the data performance over the past five years, the price of cryptocurrencies has performed quite well in the two months after the holiday. Let’s look forward to the Q1 market.
