The cryptocurrency market is different from the A-shares; when prices rise significantly, they can consolidate and continue to rise without requiring a major correction.

There are no major events in December, and January 20 is when Trump takes office, while March is the Ethereum Prague upgrade. All of these are positive factors that have yet to be realized.

News is also very important when trading cryptocurrencies.

In the short term, there's no need to predict the price at this level; if it drops, there will be plenty of people buying the dip, and the downside is limited while the upside is unlimited.

Hold your positions with peace of mind and patiently wait for the day it breaks past 100,000. After breaking 100,000, whole numbers usually push even higher, and at that point, we can think about making profits through trading; there's no need to get tangled up in whether to sell and wait for a dip to buy back, or to hold and wait for a rise, and what to do in case of a pullback.

The price has already reached over 90,000, and to be honest, that price is really high. Many people are selling at this level, but it just won't drop; that means there are buyers, and I believe institutions are buying. Buying at such a high price raises the average cost of their positions significantly. Institutions entering the market are typically in it for the medium to long term and won't exit without satisfactory profits.

In this bull market, I believe a Bitcoin price between 150,000 and 200,000 is very reasonable.

As a seasoned cryptocurrency investor, I freely share my experiences and insights. Are you interested in the cryptocurrency market but don't know where to start? Follow me and check my profile; I'll help you achieve freedom in this bull market.