2024/12/28 Daily Perspective

Hello everyone, I am your cat.

I woke up and checked, yesterday's low point had about a 150-point price difference from the estimated 933, sigh, if I didn't catch it, then I just didn't catch it... There's nothing I can do...

Currently, the major coin is clearly being suppressed by 948-950...

However, as we get closer to the end of the Christmas holiday, the market will improve. After all, once the holidays are over, those who need to work will work, those who need to trade will trade, and with the renewed net inflow into ETFs, we will continue to experience a one-sided bullish trend.

Even if there is another major adjustment in January, it won't prevent us from first having a "rebound" in the meantime.

Calculating the time, the relative high point of this rebound for the major coin is likely to appear around 101000-102640-104000, depending on the net inflow from the ETF side.

Yesterday, I noticed two news items: one is the preliminary version of the management rules for DeFi economists, and the other is the preliminary opinions on cryptocurrency taxation. Both of these will affect prices to some extent, and the opinions on cryptocurrency taxation are expected to be implemented in 2027, which is still quite a while away, so there's no need to worry too much for now.

This weekend, the US stock market is closed, which is bad news; we can't expect institutions to pull the market up. The good news is that there isn't such a large selling pressure anymore.

Under normal circumstances, the market will be in sideways consolidation. If we can't find any good trading opportunities, there's no need to rush into trades. Just wait for Monday when the big guy gives a signal. If he decides to push prices up, then all coins right now are considered to be at a "relative bottom". After all, the current price is one that we couldn't have imagined 10 days ago, and one that we really wanted a week ago. Confirm that institutions are stepping in, and then it won't be too late to get on the train.

If you are really worried about missing out, you can still diversify and take small positions (no more than 20% of your total position), and don't add more if it drops.

I’m going to a gathering tonight, no live broadcast, friends. See you tomorrow night.