Firstly, $BTC has now reached 99,000 dollars, just one step away from the 100,000 mark.

The market has adjusted for 7 months since Bitcoin reached 73,777 in March this year. After that, it surged all the way to refresh new highs!
#比特币突破10万？

Meanwhile, altcoins have been adjusting for over 8 months, with only rapid rotation for rebounds in between.
Perhaps we all got it wrong; sector rotation has quietly arrived! First, the overall meme coins, then the old mainstream and old coins in recent days.

It’s just that the market didn't behave as we expected, with public chains, AI, RWA, game tokens, etc... It caught all of us off guard. Completely against human nature, against the norm, against logic, against rules.

The market is always right; it just always finds the weak points of human nature and strikes hard. The U.S. financial industry has played for over 200 years, and Wall Street has many means we have never seen to make us give up our chips or repeatedly cut losses.


So, can the altcoin season we want still come?
My answer is: it will come. Just in a slightly different form, the rotation order is changing.

My reasoning is: currently, the main capital in the market is driving Bitcoin's rise, along with a large influx of ETFs. This may lead Bitcoin to achieve a higher increase in this round, even though previous predictions were more around 120-130K, but BTC itself could possibly rise to 200K.

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I cannot accurately predict the peak of Bitcoin's rise in this bull market. But what I know is that this market needs not only Bitcoin to rise, but also $ETH to rise, and even more, altcoins to explode! Why?

In the last article, it was mentioned that currently, most of the liquidity in the market has been locked. Those who are trapped or hoarding coins without movement... The liquidity of these spot holdings is hard to activate without a significant rise. Is the main capital choosing to give up this part? Directly cutting it?

Then this will be the last carnival of capital in the crypto circle; even retail investors and the inexperienced know to be afraid.

So, let me ask, in the future when everyone is speculating on Bitcoin, who will care about altcoins? This has already become the trend. If I were the capital controlling the overall situation, I would not allow such things to happen.

Capital needs to mobilize the market's passion and vitality as much as possible. Let them move, and it can also attract a lot of external funds to enter. Then, with a quick knife, repeatedly cut, the efficiency is higher, and the profit is maximized.

They create wealth effects and various effects in the market, and ultimately, more chips are distributed.

What we can do is find better targets. Then enter the market and wait. What we wait for is capital speculation, and then sell to those who are destined. That's all!

In a bull market, it is the reason most people lose money. Although I've lost less recently, I really haven't made any profit. So anxious!!!

Additionally, I hope family members can be a little more patient. What we want will come to us! Leave the damned pump to time!

Sincerely, salute to the family members fighting on the front lines of trading!!!
Love you all!


2024.11.23 03:49