The last opportunity to buy at the bottom?
Ethereum has returned to square one overnight, and the monthly death cross seems to be a done deal.
Last night, we saw Ethereum drop below 2500, closing with a bearish candle.
According to historical cycle patterns, the market usually rises gradually before the election.
Before this election, I expect the market to reach levels of 75,000 to 80,000.
After the election, the market may quickly pull back as favorable news is realized, with a high probability of dropping back to around 60,000.
With the rotation of the market, altcoins will begin to emerge after the election, and many projects' bottoms may rise to 2-3 times, with some popular sectors even potentially achieving gains of over 5 times.
It is expected that opportunities will continue to appear from the end of this year to the first half of next year. Therefore, if this scenario unfolds, we will have many opportunities and need not worry too much about missing out on any one chance and feeling anxious.
Prioritize positioning in potential coins like io, doge, sol, saga, sui, jup, etc.
I am an old trader who specializes in spot value positioning! Recently, I will continue to ambush coins with 5-10 times value.