The recent fluctuations will be the final stage of this round of decline, but I didn't expect it to break a new high so quickly. It only fluctuated for about 4 days before impatiently breaking a new high. I can only say that BTC is impressive and never disappoints anyone who buys it!
Bitcoin made a move over the weekend, closing above the upper track at 104460 on the daily line. After making a new high of 106665 in the morning, it started to retreat. People tend to have a subconscious feeling; it has risen too sharply recently, and even a slight dip feels like a big rise. Now, Bitcoin won't just rally mindlessly like before; instead, I feel the manipulators are trying to maintain a high price to create a prosperous scene, which will attract more funds into the market and more retail investors. Capital is thinking about how to exit, while the next buyer is thinking about where to enter. ETFs are a good thing, slowly and invisibly sucking blood.
The previous performance of altcoins did not give us a sense of a 'great bull market'; we have to wait a bit longer for a big explosion.
2025 will be the biggest opportunity. Every wave of a great bull market will not lack the season of altcoins. Risk assets will welcome a liquidity frenzy; just seizing this wave of opportunity is enough to completely turn things around.
Trading is not just a day or two, nor is it just one or two years. Bull and bear markets cycle. In small cycles, it's every 4 years; in large cycles, it's every 12 years. There are wealth opportunities in every cycle; it just depends on how you seize them.
When it reached 100k, some bloggers said: Don't chase the rise; 73k has been volatile for half a year, and 100k will also be volatile for a long time.
When it reached 102000, some bloggers said: Don't chase the rise, it will drop here.
When it reached 103300, some bloggers said: Be cautious in chasing the rise; 100k is still uncertain whether it can hold.
When it reached 104600, some bloggers said: Don't chase the rise; last time it dropped 7000 points when it got here, and it might drop that much again.
Later, when it reached 107300, some bloggers said: You can look to go long now, target 110000.
When it reached 110000, some bloggers said: Don't chase the rise; there might be a big test at the 100k threshold.
In a good bull market, you lost 75% of your long opportunities due to your actions.
Many people have never experienced a bull market and often make some self-righteous comments. At the beginning of every bull market, there are always people saying that now is different from the past because there are more coins now.
In fact, during each bull market, at least 90% of cryptocurrencies will rise; only high-quality coins can maintain high positions for longer, while coins with average popularity may only hold for half a day.
We need to understand that the purpose of the main force's rise is not to let everyone make money but to attract more people to invest and then profit from it. Sometimes, one or two billion dollars sounds like a lot, but for the controllers, this is not real wealth.
It's like the Qin state unifying the six states. Ordinary people see wealth and manpower, small countries see cities, while the Qin state sees the resources of the entire nation.
Many people are thinking that Christmas is coming, and most foreigners will go on vacation, the market is going to pull back, but the manipulators won't think like that. You don't have to sit in the office to trade cryptocurrencies; you can handle it all on your phone or something. Of course, big companies may have everything programmed and smarter.
In short, I've said so much just to remind everyone to hold onto their Bitcoin tightly. Got it? That's all.
