Let's talk about BTC. If Bitcoin wants to break through 100,000 this time, either the ETF inflow data is very high, setting a record high, or the second situation is Microsoft's Bitcoin investment plan around December 10. Once Microsoft's plan is approved, it will basically be stable. Last time, MicroStrategy bought 4.6 billion Bitcoins. If Microsoft approves this time, the amount will not be small.
Secondly, as everyone has discovered, when Bitcoin goes up, the altcoins don’t follow, and when Bitcoin goes down, the altcoins don’t follow. In fact, this is the bleeding stage, and liquidity has slowly returned to the altcoin market. Therefore, many altcoins have begun to emerge recently, including our ambush, and they have also performed very quickly. Even if Bitcoin is adjusting at a high level, the altcoins don’t follow. This is a good thing, and Ethereum has started to take over.
As for Bitcoin, there's not much to say. MicroStrategy's cost is around 88k, so the last pullback at 90k held. Yesterday, they spent 1.5 billion buying BTC at an average price of around 95k. So with strong support in place, there's not much to watch. Bitcoin will rise with the tide. Additionally, for those holding Bitcoin, I have previously notified to reduce positions by 20% once it breaks 100k. This only refers to Bitcoin holdings, not altcoins, because our purpose in the crypto space is to make money. We can't just buy; we need to sell. It doesn't mean you have to sell everything; just selling 20% is fine. The remaining can stay.
Next, let's talk about Ethereum. Ethereum's ETF inflows surpassed Bitcoin's last Friday, which is actually a signal. Bitcoin is getting more expensive, only institutions can handle it, and the price increases aren't significant, so the target is on Ethereum. Ethereum has a big advantage next year, which is the easing policies under Trump, allowing the staking feature for Ethereum ETFs. At that time, Ethereum will be very strong because ETFs will stake, and the staking interest belongs to them. With Ethereum strong, altcoins will also perform better.
Then speaking of altcoins, there will also be ETFs launched next year, and sol should be next. So we informed some people to hold long-term sol around 110, now only the principal has been released. For the other tracks, we are also doing more swing trading, reducing positions where necessary, and holding long-term where needed, we will notify accordingly. Additionally, we have controlled our positions; currently, we still separate long-term and swing trades, we won't mix them. We always ensure to set stop-losses, and we have recorded videos; we must avoid situations of deep loss. The market is getting better, and our returns should increase!
Alright, there's nothing else. We patiently wait for the performance of our holdings in hand, hoping this bull market will yield a satisfactory result!
On the 5th of this month, there is non-farm payroll data, on the 11th there is CPI, and at the end of the month, there is Christmas. These macro data are likely to develop positively. We must guard against the Christmas on the 25th; Christmas is like the Spring Festival for foreigners. Generally, institutions and whales calculate annualized rates for external marketing. Once the annualized rate is statistically available, these institutions will begin to cash out. But don't be afraid; they won't cash out too much. At this time, people will compare to last Christmas. Last Christmas didn't adjust much, but this time is different. Just in November, the closing price for Bitcoin rose nearly 50%. Don't mention the institutions and whales that entered at the bottom before. As their profits amplify, there will be selling pressure risk, just like Bitcoin started to pull back near 100k the other day, which is normal due to institutions swapping hands for swing trades.
So what should we do?
If you bought altcoins close to Christmas, or if your swing trades haven't performed around the 20th of Christmas week, I suggest you can change them, switch to USDT, or sell a bit to hedge!
If you're in profit, it's simple, just lock in your profits and don't ride the roller coaster.
Long-term holdings are not affected because after Christmas, we will welcome our New Year's Day and Spring Festival. These holidays usually see a strong rally; Christmas is just a temporary selling pressure. Just be mindful not to ride the roller coaster.
Lastly, I want to share a technique for holding onto investments, including why we need to separate swing trading and long-term holding!
Firstly, the general direction is definitely upward. Currently, most of my strategies are swing trades, allowing everyone to have some operational feel and learn to reduce positions since many people don't know how to sell. So I tell everyone that if the altcoins you bought have increased by 50%, selling 30% normally is not a problem because no one has infinite bullets. Once you reduce, those bullets can be used to buy the next one. Of course, leaving some base positions to run and double is even better. Withdrawing the principal to achieve zero-cost holding means you won't panic during future adjustments. The initial 10x with pepe was achieved through this kind of operation. Many people want 10x or 5x coins, but can you really hold on to them? Without some operational skills, you won't be able to hold.
Secondly, I fixedly look at market data every morning, such as BTC and ETH ETF inflow and outflow data. Currently, the only thing affecting altcoin trends is Ethereum. So today, as Ethereum ETF data flows out, I must remind of the risk because inflows mean new funds are coming in while outflows mean institutions are doing swaps, which will affect the trend. This is only short-term. This morning, I saw Ethereum flowing out (PS today's ETH data shows normal inflow, and a friend reminded me the data was delayed, so later looks at ETF data will be more accurate!). I must remind everyone not to chase the high; when swing trading reaches profit points, they should sell. I have seen too many people unwilling to reduce positions and ride the roller coaster. Of course, if you're long-term, you don't need to move because it only affects short-term market conditions. Today, ondo also rallied, and for those who had chips before, I let them take out the principal profit while continuing to hold. This is the difference between long-term and swing trading; I hope everyone understands.
Finally, I personally am mostly doing swing trades now. For long-term holdings like wif 2.1, I have advised everyone to hold. Now, when asked if there can be any long-term buys, I really don't dare to risk letting you ride the roller coaster, so in my personal trading system, there isn't a long-term entry position here yet; just waiting.
Just like dash, I advised everyone to buy at 35, and currently, there's a 65% profit, and I've also reduced 30%. Here, the potential for doubling remains the same for long-term. Do you understand? So for any questions in the comments later, I will try my best to reply. For those who really don't understand, I will reply separately. If you find my thoughts and rhythm helpful, please give a thumbs up!
Talking about BTC, Bitcoin's attempt to break 100k will either be due to very high ETF inflow data, creating a historical high, or due to the Microsoft Bitcoin investment plan around December 10th. If Microsoft's plan goes through, it will likely be stable. The last MicroStrategy company bought 4.6 billion worth of Bitcoin, so if Microsoft passes, the volume won't be too small.
Secondly, it's actually noticeable now that when Bitcoin rises, altcoins don't follow, and when Bitcoin falls, altcoins also don't follow. This is actually a bleeding phase, and liquidity is slowly returning to the altcoin market. Therefore, many altcoins have started to emerge recently, including those we are watching, performing quite quickly. Even if Bitcoin is adjusting at a high, altcoins are not following, which is a good sign as Ethereum starts to take the lead.
As for Bitcoin, there's not much to say. MicroStrategy's cost is around 88k, so the last pullback at 90k held. Yesterday, they spent 1.5 billion buying BTC at an average price of around 95k.
So with strong support in place, there's not much to watch. Bitcoin will rise with the tide. Additionally, for those holding Bitcoin, I have previously notified to reduce positions by 20% once it breaks 100k. This only refers to Bitcoin holdings, not altcoins, because our purpose in the crypto space is to make money. We can't just buy; we need to sell. It doesn't mean you have to sell everything; just selling 20% is fine. The remaining can stay.
Next, let's talk about Ethereum. Ethereum's ETF inflows surpassed Bitcoin's last Friday, which is actually a signal. Bitcoin is getting more expensive, only institutions can handle it, and the price increases aren't significant, so the target is on Ethereum. Ethereum has a big advantage next year, which is the easing policies under Trump, allowing the staking feature for Ethereum ETFs. At that time, Ethereum will be very strong because ETFs will stake, and the staking interest belongs to them. With Ethereum strong, altcoins will also perform better.
Then speaking of altcoins, there will also be ETFs launched next year, and sol should be next. So we informed some people to hold long-term sol around 110, now only the principal has been released. For the other tracks, we are also doing more swing trading, reducing positions where necessary, and holding long-term where needed, we will notify accordingly.
Additionally, we have controlled our positions; currently, we still separate long-term and swing trades, we won't mix them. We always ensure to set stop-losses, and we have recorded videos; we must avoid situations of deep loss. The market is getting better, and our returns should increase!
Alright, there's nothing else. We patiently wait for the performance of our holdings in hand, hoping this bull market will yield a satisfactory result!
On the 5th of this month, there is non-farm payroll data, on the 11th there is CPI, and at the end of the month, there is Christmas. These macro data are likely to develop positively. We must guard against the Christmas on the 25th; Christmas is like the Spring Festival for foreigners. Generally, institutions and whales calculate annualized rates for external marketing. Once the annualized rate is statistically available, these institutions will begin to cash out. But don't be afraid; they won't cash out too much. At this time, people will compare to last Christmas. Last Christmas didn't adjust much, but this time is different. Just in November, the closing price for Bitcoin rose nearly 50%. Don't mention the institutions and whales that entered at the bottom before. As their profits amplify, there will be selling pressure risk, just like Bitcoin started to pull back near 100k the other day, which is normal due to institutions swapping hands for swing trades.
So what should we do?
If you bought altcoins close to Christmas, or if your swing trades haven't performed around the 20th of Christmas week, I suggest you can change them, switch to USDT, or sell a bit to hedge!
If you're in profit, it's simple, just lock in your profits and don't ride the roller coaster.
Long-term holdings are not affected because after Christmas, we will welcome our New Year's Day and Spring Festival. These holidays usually see a strong rally; Christmas is just a temporary selling pressure. Just be mindful not to ride the roller coaster.
Lastly, I want to share a technique for holding onto investments, including why we need to separate swing trading and long-term holding!
Firstly, the general direction is definitely upward. Currently, most of my strategies are swing trades, allowing everyone to have some operational feel and learn to reduce positions since many people don't know how to sell. So I tell everyone that if the altcoins you bought have increased by 50%, selling 30% normally is not a problem because no one has infinite bullets. Once you reduce, those bullets can be used to buy the next one. Of course, leaving some base positions to run and double is even better. Withdrawing the principal to achieve zero-cost holding means you won't panic during future adjustments. The initial 10x with pepe was achieved through this kind of operation. Many people want 10x or 5x coins, but can you really hold on to them? Without some operational skills, you won't be able to hold.
Secondly, I fixedly look at market data every morning, such as BTC and ETH ETF inflow and outflow data. Currently, the only thing affecting altcoin trends is Ethereum. So today, as Ethereum ETF data flows out, I must remind of the risk because inflows mean new funds are coming in while outflows mean institutions are doing swaps, which will affect the trend. This is only short-term. This morning, I saw Ethereum flowing out (PS today's ETH data shows normal inflow, and a friend reminded me the data was delayed, so later looks at ETF data will be more accurate!). I must remind everyone not to chase the high; when swing trading reaches profit points, they should sell. I have seen too many people unwilling to reduce positions and ride the roller coaster. Of course, if you're long-term, you don't need to move because it only affects short-term market conditions. Today, ondo also rallied, and for those who had chips before, I let them take out the principal profit while continuing to hold. This is the difference between long-term and swing trading; I hope everyone understands.
Finally, I personally am mostly doing swing trades now. For long-term holdings like wif 2.1, I have advised everyone to hold. Now, when asked if there can be any long-term buys, I really don't dare to risk letting you ride the roller coaster, so in my personal trading system, there isn't a long-term entry position here yet; just waiting.
Just like dash, I advised everyone to buy at 35, and currently, there's a 65% profit, and I've also reduced 30%. Here, the potential for doubling remains the same for long-term. Do you understand? So for any questions in the comments later, I will try my best to reply. For those who really don't understand, I will reply separately. If you find my thoughts and rhythm helpful, please give a thumbs up!
