When should we enter the market for bottom fishing?
Now that the Christmas holiday and the 2024 fiscal year are about to end, traders are mostly on vacation, and there is likely to be little market activity during this period. We are waiting for the market to find its bottom or for a significant deleveraging event to occur. Recently, BTC may fluctuate between $95,000 and $100,000.
Anyway, there is no hope for the Federal Reserve to release dollar liquidity in the short term, and BTC may experience a significant pullback to complete the weekly chart's retest. In such a market environment, we might welcome an active period for altcoins.
Generally speaking, leading coins have more advantages, and there are often multiple leaders within the same track, such as DOGE and SHIB. The focus is on the track. Timeless ones are public chains and MEME, but there are also new hot tracks like AI, Depin, RWA, etc. The logic is the same; whether in the upcoming cycle, we can enter outstanding and mainstream altcoin projects is worth continuous attention.
Recently, I plan to ambush a potential coin that is preparing for a significant surge; doubling is quite simple. I am also looking for some potential coins to hold until the end of the year, expecting a space of over 10 times is not a problem. If you want to follow my insights, leave a message, follow, and like, Gold. Skirt
