Recently, have you felt that Bitcoin and the entire crypto market are moving a bit sluggishly? After experiencing half a month of washing and shaking the market, it has reached its lowest point since Trump's election, with the panic index hitting its lowest value since October. Don't know what to do? Don't worry, I have some insights to share with you.
Right now, you need to be a bit patient. It’s like holding back a big move; don’t pay too much attention to the small fluctuations. Either use a grid strategy to slowly reduce costs or wait for the new trend to emerge. Remember, the market cannot be a roller coaster every day; consolidation is the norm. Look, this rebound might have already ended the last wave of decline. The market will change direction soon, heading upward!
1. Complete the adjustment wave of the Elliott triangle, with the low at the Fibonacci ascending channel 0.236, around 91.5k, with a slightly longer oscillation time, starting to rise next week;
2. Oscillate and build momentum above 0.236, with the low also around 91.5k, starting to rise after New Year's Day;
3. Falling to the 0 axis near 86,000, forming a head and shoulders bottom reversal structure, then rising again; based on the changes in the strength of long and short positions, I lean towards the first scenario where Bitcoin oscillates upward to historical highs.
The correction cycle of Ethereum and altcoins is about to end, entering the last stage of this bull market.
In a bull market, do not get off the bus, just change the vehicle, optimize, and focus on exchange rates; another point for me personally is the mindset aspect:
1. With coins in hand, I can understand the overall market state through the fluctuations of the coins and by sweeping the altcoins;
2. With spot holdings, my strategy revolves around how to buy the dip and how to exchange coins/altcoins, rather than focusing on contracts, especially shorting;
3. Imagine, if you perfectly cleared your holdings of major coins and altcoins above 100,000, have you bought the dip now? Will your sensitivity to the overall market, especially your mindset towards the market, be the same as if you had holdings?
Everyone's trading strategy is different. I still say, any strategy that can make money is a good strategy. Those with skills operate brilliantly, perfectly timing the top and then perfectly buying the dip; if you can’t be that detailed and lack those skills, then endure the fluctuations of the coins and wait patiently.
In the past few days, Ethereum has repeatedly drawn boundaries, constantly shaking the market, with two layers of targets.
1. Clean up chips through violent fluctuations.
Funds for Ethereum ETF are continuously pouring in, and the incoming funds are not from retail investors. This January of 2025 is similar to February of 2024, when Ethereum will enter the last stage of the bull market, accelerating upward, and then ending.
2. Measure the plate
First of all: test the loyalty of the remaining chips, don’t all run away when there’s a pullback. The final result is reflected in the sharp decline in trading volume of the chips.
Bitcoin's market share is continually decreasing, and this bull market is pretty much over! What's left is the time for Ethereum and altcoins, and it won’t be far off! 2026 will definitely be a freezing year; seize the few remaining opportunities in 2025! ALL IN ETH and altcoins!
Today, the American coin has taken the lead in the market, the sentiment in the crypto space is quite good, and the scene is lively: congratulations to XRP, XLM, and ADA for stealing the spotlight.
PEPE and DOGE are the most authentic Musk concepts, both are stirring with anticipation;
Ethereum is at the end of a triangular convergence. Generally, after a sharp drop, the probability of a downward triangular convergence is higher, but altcoins are breaking upward first. It is expected that Ethereum will break upward this time. Hopefully, the altcoin season is really here.
