With the arrival of Christmas, Bitcoin was expected to see investors temporarily exit and continue low-point fluctuations. However, perhaps institutions or whales seized the opportunity to accumulate, and Bitcoin reached $99,968 at 8 AM this morning, extremely close to the 100,000 mark. At the time of writing, it had retreated to around $95,600.
From tonight until the 27th, we still need to remain vigilant. On the 27th, over 40% of options will expire, and the roll-over operations are already underway, with volatility significantly reduced. Therefore, the price is likely to continue to decline. But if it really drops below 95,000, that would be a good time for us to accumulate in batches!
Don't be afraid of pullbacks; the big trend is still there!
Although the market started to pull back this afternoon, there’s no need to panic! From a larger perspective, the trend for Bitcoin is still bullish. The current market structure maintains a bullish trend, with key support levels at $86,000 and $90,000. If the price falls below $90,000, a deeper adjustment may occur, and falling below $86,000 would signify the start of a bearish trend. However, the current bullish structure has not been broken!
Currently, this position represents a normal large market differentiation effect; the timing must differentiate due to three events!
1. Monthly Year: The annual line's convergence position! The capital differentiation before the annual line K closing is beneficial for the future market!
2. BTC high-pressure consolidation: The upward effect of altcoin segments has continuity greater than 5 days; since there are no altcoin segments to take over, a pullback amidst differentiation is a normal operation!
3. BTC trend pressure zone, bloodsucking effect!
The market may suddenly experience a 'spike pullback'; we should still take it easy and not blindly chase highs. If it really drops below 95,000, that would be a good time for us to accumulate in batches! Remember, missing out is always better than getting stuck!
If you bravely bought some during this downturn, you can now consider making a small profit around 100,000 and then wait for better opportunities to come!
Look for opportunities to enter at the end of the month! How to select high-quality coins?
The market's attention is now quite clear: the Bitcoin bull led by institutions and state actions, the DeFi bull dominated by the American president and related ETFs, the meme bull with strong on-chain narratives, the AI bull with strong on-chain narratives, and other altcoins. We only need to focus on two or three sectors to outperform the majority of altcoins.
You can pay attention to these high-quality coins:
1. Platform tokens
BGB and GT have surged in recent days; it's impossible to buy every coin, nor can one capture all coins' gains. Therefore, the best strategy is to hold valuable coins long-term; only time will allow you to enjoy the dividends of the trend.
2. DeSci
DeSci is a sector that has not exploded in this bull market cycle; it is also driven by MEME and is one of the directions with value realization. The chart below distinguishes the priority of potential based on market cap, number of holders, liquidity, resources, and weight of vertical narrative.
Currently, aside from BIO, URO shows a trend of emerging as a new leader on-chain. If BIO goes live, it will bring the DeSci wave, and trading for BIO has begun before market opening. Currently, there is optimism about a market cap of 1u. A number of DAOs have started announcing an airdrop of $BIO, including but not limited to $VITA, $URO, $RIF, etc.
3. AI Meme sector
AI meme is the sector I am most optimistic about. AI, as a global backdrop, is unstoppable, and the coins in this sector are very different from traditional memes. For example:
GOAT: This is the ignition point of the AI meme sector, backed by a16z and Wintermute, and has been listed on Binance Futures. Even after a strong pullback from its peak, it still receives significant attention. Its characteristic is: as a pure meme coin, it has no particular utility but is eye-catching enough. Similar to BTC's position in the entire crypto market, $GOAT is also a flag in the AI meme sector.
VIRTUAL: This is a proxy platform that supports the operation of AI Agents. Various AI scenarios will consume its tokens, driving price growth. Its model is similar to ETH in relation to smart contract platforms and may support countless AI Agent application scenarios in the future.
The altcoin season is currently underway, with on-chain funds unusually active, especially in the AI sector. After the AI sector, attention will return to memes. If you cut losses at the bottom and chase high prices in AI, you may completely miss the opportunity. Therefore, rhythm is very important in a bull market, with a fixed position + liquid position being an unbeatable configuration.