【2024-12-17 Bitcoin Evening Analysis】

Currently, Bitcoin's performance today seems a bit unusual considering the overall market trends. Apart from Bitcoin, there hasn't been much increase in other varieties; essentially, most altcoins are in a sideways fluctuation. The main funds in the market are concentrated on large-cap coins, while small coins are being manipulated by the traders themselves, buying and selling amongst themselves. In this situation, we should avoid opening new positions, as this market is unhealthy.

This increase is also inflated; we need to pay attention to how things develop tomorrow. At this position, it's best to hold off for now. For those holding long-term spot positions, there's no need to worry. The bull market is still ongoing; it's just that the bull is tired and needs some rest. As long as the trend of the bull market remains, our long positions are still on the right track, and everyone can sleep peacefully without overthinking.

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