Market conditions change rapidly, trading is all about the present moment, sing the song of the mountain you're on. The price of Bitcoin has once again seen a decline, which is something everyone dislikes. However, we have indeed broken out from the lowest point. From 2023 to now, we have experienced over 700 days of market activity. It is easy to imagine that from the bottom state to now, we have gone through nearly 70-80% of the entire bull market. There are still nearly 100 days of bull market left. Many friends say that the market will fluctuate for several months at this position, but I believe it won't fluctuate for months; at most, one month can determine a direction. In fact, when looking at the Bitcoin market, any action reaching a peak will experience a certain downward state. From the high point until now, there has been a washout for 13 days. By January, Bitcoin is likely to have a significant reversal. Many people are shorting at lower positions. I understand that your intention for shorting is to think that the bull market is over, but I believe the bull market still exists; it’s just that the current price may not meet everyone's expectations. The upward space might not be very large, but I believe it can still rise a bit to the $110,000 level in the last three or four months of the bull market. Therefore, I think there will be a reversal, reaching levels of $130,000 to $140,000, which might be a higher position in this round of the bull market. Looking at the current situation, overall, the market is still within our expectations. If Bitcoin drops below $90,000 from this position and then rises to $180,000, many might think there will be a good selling opportunity. However, in reality, most people won't reach $180,000; they will start selling at $150,000, $160,000, or even $130,000. Most people only see the current decline and do not see the future, so most are still at a loss.
Why do some mainstream cryptocurrencies experience huge increases and countdown rises? Indeed, such opportunities have already appeared. When we face sudden opportunities like this, we must not miss them. If you miss out, you will lose 4 years of earnings. During this bull market, ADA has risen more than three times from the low of just over $0.30 and has seen a correction. After the correction, its price remains stable at around $0.80. Now, this cryptocurrency has many potential opportunities. We have seen many coins, and indeed, many coins' trends are basically the same as the last bull market. When we seize the opportunity, we also seize the chance to achieve financial freedom. That's all for today.