$BTC 《Spot trading shouldn't just be about holding on, but learning to buy low and sell high》
Looking at the entire cryptocurrency market in the second half of the year, those who have a thorough understanding of data and cycles are basically guaranteed to profit.
Here I want to talk about spot traders. Everyone knows about the bull market that happens every four years, but they firmly believe in the principle of holding on to eventually profit. This is indeed the case; they just didn’t get to enjoy the meat but only sipped some soup. By March 2024, the market had reached a position of 73,800, then experienced a 5-month period of fluctuating decline, rebounding at the bottom when the US stock market crashed at 85. This officially entered the bull market phase. There are only a few 5-month periods in a year; think about how unfortunate that is. This is what I want to emphasize: spots need to be strategically positioned, learning to buy the dip and sell high.
At the end of July, I had already analyzed and predicted that the market would bounce back to 48,900 by early August, predicted a bounce to 53,000 after the non-farm payroll in early September, predicted a rebound breaking 6 after the CPI on October 10, predicted a rebound after the major election on November 5, and predicted a rebound near 89,000 after the non-farm payroll on December 6. So next, with the non-farm data release on January 10, it will be another time for a bottom rebound. I summarize this as the monthly cycle of the bull market.
While you are still holding onto spot trading tightly, I chose to buy low and sell high in the monthly cycle.
It's not that spot trading can't yield several times or even a dozen times returns; it’s primarily that most people have the wrong mindset, and the most important thing is the lack of technical skills.
January 10's non-farm payroll is a good opportunity. Additionally, don't be misled by the CPI on January 15 into shorting; the main event is the election on January 20. You can't afford to miss the bull market in January.