Today is the weekend (28th), good afternoon everyone.

Yesterday’s cryptocurrency market was like a small roller coaster ride. BTC caused the market to shake slightly. Market makers wanted to pull the price back but failed. The market was volatile, rising and falling sharply, so that everyone was very anxious. So is the bull market in the cryptocurrency market still there?

Anyone with eyes can see that Bitcoin is in a bull market in the current situation. The price has been breaking new highs. However, in a bull market, at least 70% of the coins in the entire cryptocurrency circle will rise sharply collectively. That is a big bull market. Obviously, this trend has not appeared in this wave, but we cannot be so rigid. After all, the capital scale and background of the cryptocurrency circle are completely different.

Our thinking also needs to change, and the definition of a bull market needs to be redefined. The last wave of general price increases in the cryptocurrency market is just history. Just because it was like this in the past doesn’t mean it will be like this in the future!

In short, the market may take a break in the future, but don't worry, in the long run, the rising train is still firmly on the track. Hold on to your chips and wait for the skyrocketing market next year!

Market Sentiment Index Analysis

The cryptocurrency market is in a downward trend this week, and the market sentiment index has risen from 7% last week to 10%, still in the extreme panic range. Altcoins performed weaker than the benchmark index this week, showing a sharp decline.

Under the Double 11 market, market liquidity has dropped sharply recently, and market volatility has increased, which makes it easy to see sharp rises and falls. As a result, market sentiment is not high. Given the current market structure, it is expected that Altcoin will keep pace with the benchmark index in the short term, and the probability of independent market is low.

It is worth mentioning that when Altcoin is in an extremely panic range, the market is often at a stage bottom and may reverse upward at any time.

January turning point!

The market actually started in mid-October, when the expected market of Trump's election was being traded. From the expectation to the final implementation, the two-month wave of rise has almost reached a stage. If we trace it back a little further, it has already started in mid-September, which means it has been rising for three months. At this stage, there is a lack of new narratives after this wave of hype, so it can only enter a shock cycle of the same level. For now, the overall market is still around the previous low, and the shock trend is based on not breaking the previous low. A large part of the altcoins are actually oscillating at a low level within the daily level retracement range.

Remember, we buy when the price is low, and wait when the price is high, and don't rush to sell all. In this way, we don't have to worry about whether the price goes up or down, and our mentality can be as stable as Mount Tai. When it comes to trading, don't be too impatient, don't act blindly when excited, you must plan and take your time.

Trump was not officially inaugurated until January 20, 2025, and only after he took office could he really issue policy directives. Therefore, 24 years can be regarded as a bull market for cryptocurrencies. We should calm down and reflect more, otherwise we may lose more when the bear market comes, and the next bull market may be another busy but fruitless journey.

It is expected that the market may take a temporary break in the future, but there is no need to rush. The market in January next year will definitely not be bad. After all, Trump will take office on January 20, and the currency market may usher in an unprecedented super bull market.

Let’s take a look at altcoins

At present, the trend of altcoins shows a trend of "the strong will always be strong". Among altcoins, the AI ​​proxy sector has performed the strongest, with currencies such as Virtual, AI16z, and ELIZA all increasing by more than 20%.

Despite the recent pullback of Bitcoin, AI-related projects such as Virtual, AIXBT, Game, AI16z, and ELIZA have hardly been affected, indicating that the market consensus on AI application projects is already quite high and has been favored by big capital.

How can retail investors seize the bull market opportunity? There are only two key points!

First, choose the right value coin

Second, buy in a suitable safety range

As long as these two points are met, you can get a good return no matter how complicated the bull market brought about by the fourth Bitcoin halving is.

At this point in the market, we need to keep an eye on the trend of Bitcoin, but the bull market in the cryptocurrency world is not entirely driven by Bitcoin.

Some coins will still follow independent trends, like the recent surge in BGB

Many coins still have this potential because there are many people and institutions participating in the currency circle. As long as there is market demand, there will be many opportunities!

In fact, the current situation in the cryptocurrency circle is similar to that of last year. First there was a wave of panic, and then a wave of rapid rise. At present, a wave of decline and panic has been realized. It depends on whether there will be a bottoming out and a wave of rise. When that happens, it is expected to rise very quickly, maybe within ten days or half a month. At that time, we will see which series of copycats will perform well. Now there is gold everywhere.

2024 is about to end, and 2025 will definitely be a year of a big bull market. We are in a short-term winter in the bull market recently, and after we survive it, we will usher in a super bull market explosion. As I said before: don’t open contract leverage, hold on to the chips in your hands, you will definitely be the winner in this bull market. Finally, I wish you all big profits in 2025!