Why is December said to be the main upward wave?
This round is highly likely to stabilize above 100,000.
The current enthusiasm in the cryptocurrency circle has not yet dissipated, and BTC is still hovering near new highs, currently at a critical point of directional choice. Looking back over the past few years, 80% of substantial market movements in the fourth quarter have emerged during the period from Thanksgiving to Christmas, with an average increase of around 10%.
Furthermore, among several mainstream assets, only the price of SOL is currently relatively suitable, and its increase is not particularly outstanding.
Since the launch of ACT, the data on the SOL chain has shown quite impressive performance, coupled with the boost from AI memes, this trend is expected to be maintained for some time.
There is a viewpoint that this round of SOL may directly initiate an attack and possibly replace the current mainstream ETH. What do you think?
Last night, the market rose to a new high of 93,900 before retreating, and the duration of the continued fluctuations at high levels has further extended.
In terms of the current position, it is undoubtedly in the main upward wave stage. Each round of pullback during this period will be even more rapid as it accelerates.
At this moment, the market is fluctuating repeatedly, aiming to shake off some investors, while bearish voices in the market are rising and falling, which is clearly a misguided judgment. Before any top signal appears, one must not rashly lay out large-scale short positions.
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