Today is December 6, 2024, Friday. In yesterday's article, we mentioned that Bitcoin's one-time breakthrough of the 100,000 USD mark would likely not hold in the short term. Indeed, it did not hold at 100,000 USD, and around 3 AM, we faced a substantial pullback, dropping to around 91,000 USD, a decline of over 13,000 points. Such a scenario has been rare this year; however, altcoins performed well and did not follow Bitcoin into a significant pullback. Ethereum only retraced to around 3,600 USD yesterday. Bitcoin's breakthrough of 100,000 USD did generate FOMO in the market. Looking at the liquidation chart, the number of people liquidated on Bitcoin contracts accounted for half of the entire crypto market, with liquidation funds exceeding 500 million USD. Therefore, from this data, we can see that this spike was clearly directed at Bitcoin, which is also the main reason why altcoins and Ethereum did not decline significantly.

Good evening, brothers. Today is Thursday, December 5, 2024, and it is also a very memorable day. Bitcoin has once again set a new milestone today. At around 10:30 in the morning, it broke through the integer mark of 100,000 US dollars. As of now, it has reached a maximum of 104,000 US dollars. In the short term, I personally think that Bitcoin's 100,000 US dollars is definitely not the end, but just a peak of a cycle. Perhaps in 5 or 10 years, Bitcoin will rise to 200,000 or even 300,000 US dollars per coin, which is entirely possible. However, this process will inevitably experience a lot of tragic washes, until everyone thinks that Bitcoin is a scam again, and when the faith collapses completely, it will stand on a new high again. For Bitcoin, every nirvana may mean rebirth!

Today is November 30, 2024, Saturday, and it is also the last trading day of this month. As the monthly line is about to close, it is time for altcoins to perform. Whether they can make up for the rise may be more critical today. Therefore, some currencies and sectors that have not yet made up for the rise are worthy of attention. For example, AR and FIL in the storage sector, and YGG and MAGIC in chain games all have certain opportunities. Of course, there are various opportunities in the market every day, and it is impossible for us to catch them all. One reason is that it is unrealistic, and the other is that everyone’s funds are limited. So don’t try to catch all the sector rotation trends. It is not realistic. Just catch the trends that are within your own cognition and that you can understand!

Today is Tuesday, November 26, 2024. Bitcoin experienced a sharp correction yesterday, from a high of around $99,000 all the way down. So far, it has fallen to a low of $92,350, a drop of nearly 8,000 points. During this period, Ethereum performed relatively strongly, reaching a high of around $3,550 in the early hours of yesterday. The currencies of the Ethereum series also experienced a sharp rebound, such as ENS and LDO, the value dragons of the Ethereum series. Yesterday, Binance's gain list was basically all currencies of the Ethereum series. At present, in terms of copycats, you can pay attention to the targets that have not yet rebounded, such as ORDI. Today, it was observed that ORDI also showed signs of wanting to start. After all, there are hot spots and trading volume, and it is also a currency of the Bitcoin ecosystem. For this type of target, once the trend arrives, it can generally last for a few days. Secondly, the Bitcoin ecosystem also has BADGER and STX, which also have a trend of rebounding today.

Today is November 22, 2024, Friday. Bitcoin continues to set new highs, reaching a maximum of $99,419. With less than 600 points remaining, Bitcoin is set to successfully break the $100,000 mark. After $100,000, Bitcoin will enter a new milestone!

Bitcoin is currently in a peak-testing phase. Personally, I believe that the closer it gets to $100,000, the higher the risk may be. After all, the current fear and greed index has reached 95. Everyone knows that when the fear and greed index is below 10, it represents a bottom-fishing phase. Buying at this position carries minimal risk of being trapped in the short term. However, with the current fear index above 90, reducing positions at this time is also likely to provide opportunities to buy back at lower levels in the future. Therefore, I personally recommend that those with positions should consider corresponding reduction strategies, especially for those coins that have already seen significant profits. Learning to realize profits and securing gains is what truly belongs to you; otherwise, it's just a string of numbers. For coins that have not yet begun to catch up, observe if there are opportunities for a last-minute surge. If a catch-up opportunity arises, it is also advisable to take profits.

Today is November 18, 2024, Monday. The weekly line of Bitcoin has closed, and the upper shadow line is not too long, indicating that the selling pressure from above is limited. After two consecutive weeks of large positive lines, there is a need to pull back and accumulate strength. The rise is not achieved overnight, but the pullback often comes rapidly, especially in the bull market. A sharp drop is also a normal phenomenon. Therefore, during the pullback process, don't panic. If you are given the opportunity to layout at a low level, choose to do part of the position.

At present, Ethereum is still too weak compared to Bitcoin, and its overall trend is still linked to Bitcoin. I personally think that the reason for Ethereum's weakness this time is that some funds have been drawn away by the L2 track, and secondly, a lot of funds have been attracted by SOL, TON and SUI projects. This market is so big, and most of the current incremental funds are still going for Bitcoin. Fortunately, there are only Bitcoin and Ethereum in the current ETF, so the rebound of Ethereum is relatively certain.

Today is November 16, 2024, Saturday. Yesterday, Bitcoin continued to rise to $92,000, and Ethereum reached a high of around $2,130. Yesterday, the A-share market did not perform very well, and the closing price was almost at the low of the day. After the U.S. stock market opened in the evening, it continued to fall, but Bitcoin only fell back to $87,000 before it began to counterattack. Perhaps this is the power of the trend, or the main force has no intention of retreating yet, so it is prepared to continue to maintain the price at a high level. However, based on personal historical experience, this divergent trend will sooner or later follow downward. Therefore, at this juncture, I personally think that it is important not to blindly chase the rise and fall, especially for those altcoins that have risen a lot. Those who hold positions believe that they can appropriately reduce their positions or take profits and wait for a wave of corrections before re-entering the market. I personally think that before Bitcoin hits $100,000, it is expected that there will be at least one more opportunity to fall back to $85,000!

Today is November 9, 2024, Saturday. Bitcoin has once again set a historical high last night at $77,200. Ethereum also successfully broke through $3,000 this afternoon, reaching a high of $3,050. BNB is still continuing to rise, peaking at $638 as of this report. Platform coins are starting to catch up. Historically, Bitcoin still holds the risk of a correction; however, the overall direction is clear, so a pullback is also a good opportunity for us to position ourselves. In the relatively sideways state of Bitcoin over the past two days, Ethereum and ADA have also made some gains, and today BNB has also started to rise, indicating a rotation of funds, which is a good sign!

Today is November 6, 2024, Wednesday. The market is really exciting today. After Trump took the lead in votes, the market began to rally. Bitcoin has risen more than 10% in 24 hours, breaking the historical high of 75,400. All altcoins have surged by 15%-30%. As of the time of writing, Trump leads with 277 votes against Harris's 226 votes, and the Republican Party, represented by Trump, has won this election.

As mentioned yesterday, if Trump is elected, then the bull market in the crypto market is basically confirmed. After all, whether it’s the macro environment, regulatory environment, or the speculative sentiment itself, everything is basically in place. Today at 2 PM, Bitcoin also broke through the nearly eight-month high of $73,777, and directly reached $75,400. Looking back at historical trends, a single day of large upward candlestick breaking key levels usually confirms the trend. Although there has been a month of oscillating upward, large upward candlesticks have appeared very rarely, mostly it’s been ups and downs. Therefore, just firmly hold onto your chips moving forward!

Today is November 5, 2024, Tuesday, and tomorrow is the decisive moment of the 2024 U.S. presidential election, expected to reveal results in the afternoon. Historically, every time the U.S. election results are finalized, the market has surged. I believe this election will also be one of the crucial nodes in the fourth wave of the bull market in the cryptocurrency space. History cannot be altered; will the trend continue or restart? Currently, presidential candidate Trump has a strong voice and is significantly ahead of Harris in support.

Regarding who will be elected, I personally believe Trump has a higher probability. Not only does he support cryptocurrencies and embrace new things, but his fighting spirit at the age of 78 is also commendable. However, everyone should know that U.S. elections are like rolling dice, with huge uncertainty. Anything can happen before the results are announced, but one thing is certain: regardless of who becomes president, the bull market cycle will continue.

Today is November 1, 2024, Friday. In the past two days, the cryptocurrency market has seen a pullback, with Bitcoin's price oscillating around $69,500. The primary reason for this pullback is the increasing uncertainty surrounding the US elections. According to the latest news, Harris's approval rating has begun to surpass Trump's, causing the market to worry that Trump might lose. Personally, I believe that regardless of who wins the US election, it is beneficial for our cryptocurrency market. The recent frenzy of ETF purchases indicates that the US has a very positive attitude towards the cryptocurrency market. Although Harris currently has more votes than Trump, I still believe that Trump's chances of winning are slightly higher. After all, Trump is a businessman, and the previous bull market also relied on his contributions.

Today is October 31, 2024, Thursday, the last day of October. Some historical experiences cannot be ignored; October tends to be a good month for the financial markets. Bitcoin has been firmly standing at the $70,000 position for three days now. I personally believe that Bitcoin is highly likely to show a good trend this month. Although history does not repeat itself, it often bears striking similarities. I believe the four-year bull market in the crypto space will eventually come, and we are nearing the harvest season, so it's crucial to hold onto your chips in the coming time.

Today is October 30, 2024, Wednesday. Yesterday Bitcoin soared all the way, peaking at around $73,660, just 150 points away from its historical high. From the trend of Bitcoin, it’s not hard to find that the evening's fluctuations are larger than during the day, especially during U.S. stock trading hours. Yesterday, Bitcoin's ETF trading volume hit a nearly six-month high, indicating that the battle between long and short positions was very intense. From the closing price of Bitcoin this morning, although there are some upper shadows, the overall trend still gives a strong feeling.

Today is Tuesday, October 29, 2024. Today, the crypto market has seen a general rise led by Bitcoin. Bitcoin has surged to around $71,600. The first time Bitcoin broke through $70,000, Ethereum was around $4,000. The second time Bitcoin broke through $70,000, Ethereum was around $3,900. The third time Bitcoin broke through $70,000, Ethereum was around $3,300. The fourth time Bitcoin broke through $70,000, Ethereum was around $2,600. By comparing this set of data, we can see that Ethereum has indeed underperformed the market this time, which reminds me of the 20-year high. In the scenario of HT being deployed at the bottom, Bitcoin had already broken through the historical high at that time, but HT had been trading sideways around 4 US dollars, unable to go up or down. However, it started a crazy catch-up rally after the new year, and it took five months to rise from around 4 US dollars to 40 US dollars, including PEPE, which was ambushed around 0.00000112 in November 2024. Bitcoin broke through the historical high in March this year, and PEPE started a crazy rise mode at the end of May, rising directly from around 0.0000012 to 0.00001725, an increase of nearly twenty times.