Minus thirteen degrees, a preacher of spot investment in the cryptocurrency circle, updates high-quality original articles daily in the square. Thank you for following, every fan who follows Thirteen can receive Thirteen's new book 'Mastering Cryptocurrency'.

Previously led fans to lay out Bitcoin starting from 15000, 40 for SOL, 1700 for Ethereum, as well as BNB/TON/UNI/LINK/POL...
Encouraged everyone to continue holding Bitcoin and other valuable coins during the most confused and difficult times.
Does not recommend everyone to go all in on contracts, only suggests trying with 10% of the position.
Does not recommend investing in first-tier coins, does not recommend heavily investing in meme coins.

You may miss many surging markets, but as long as you follow Thirteen, you will survive, and now the profits have multiplied many times.
Thirteen's painful lessons bought with money remind oneself that there is an invisible hand manipulating the market behind the cryptocurrency circle, most people will lose money, and only a very few will make money.

Is it really hard to make money in the cryptocurrency circle?
Ethereum, it has risen. I previously recommended Ethereum multiple times in articles, and was criticized harshly, but now it has returned, hasn’t it?
Dogecoin, I had already advised everyone to lay out this coin earlier, once Trump is elected, Dogecoin will surely take off. What’s heartwarming is that a few friends in the group thanked me today; you should thank yourself, you put in the effort, and it’s time for you to make money.
SOL, this coin needs no more explanation, it is a key strategic coin for our community; if you don’t have it, find out why.
BNB, similarly, Thirteen feels embarrassed to say it.
TON, previously reminded everyone to enter around 4, and now the returns are good; if you are short-term, take profits at 5.5, long-term just hold until next year when we feast together.
LINK, UNI are also expected to explode soon.

Is it hard to make money in the cryptocurrency circle? Every day, watching whether the contracts we have are making more profit than in the past few days? There’s no need to worry.
This is the benefit of long-term investors and trend investors; I can earn money while lying down. But this requires a strong conviction about future trends. If Thirteen, like some friends, panicked during the downturn, leading everyone to fear and cutting losses at low points, then the current prosperity has nothing to do with us.

This is just small fry; the real bull market has not yet begun.

Tonight's PCE came out. Both PCE and core PCE were lower than expected. Therefore, inflation was very well controlled, which effectively countered Bao's speech yesterday.

Now the market has begun to rebound. This wave of Ethereum may touch the pressure level of 3500. If you buy short-term chips at the bottom below 3300, you can sell some of them at this position and keep enough cash in your hands. The same is true for other coins.
Fortunately, the data tonight is positive. If it is higher than expected, it means that the US economy is still strong, and the Federal Reserve has a reason to maintain high interest rates. Tonight's airdrop will be launched again.
However, US stocks opened lower today, especially crypto concept stocks.
This shows that the current air force is still strong. At this time, if it rebounds to the range mentioned above, the safest way is to sell some, keep some cash in your hands, and reduce the risk of positions.
It is true that the current 3200 Ethereum is very annoying, but think about 6000 or even 8000 in 2 months, 10,000 Ethereum, will you still be upset?

In this round of decline, it's not just you and me; even Trump is buying at the mid-hill.
Trump's crypto project WLFI has been gradually bottoming out Ethereum, and the losses have now reached 6.15 million dollars.
If Trump is losing money, why can't you? So keep a calm mindset and look at the long term.
His average price is 3600 dollars.
Most of our friends in Circle 13 have an average price below 3000, so what are you afraid of?
Everyone can guess whether Trump is losing or making money in this round of market.
In January, Trump will take office as president, and more favorable news will be released, making it inevitable for the market to return to new highs.
The market is currently correcting, indeed influenced by old Powell's remarks. The Federal Reserve's stance has left the market greatly disappointed, but this bad news is not enough to support such a significant decline.
It almost felt like a direct hit, and no one could avoid it.
Now it seems more like the main force taking advantage of the situation to force a wash.
We all know that Trump is about to take office, and good news is bound to come. The main force should also step in to wash out those hesitant retail investors at this time.
Circle 13 believes this reason accounts for a very large proportion.

This wave of correction has caused the market to panic.
In fact, anyone will panic when facing a market crash, including Thirteen. However, in addition to panic, Thirteen is more worried about how to buy at the bottom.
Most people in the market are very panicked and are waiting for the lowest point to appear.
Usually for retail investors, when the market plummets, they almost dare not enter the market to buy at the bottom.
Because of fear, they always want to wait until the lowest point.
You dare not buy at the bottom of Ethereum at 3100, and you dare not buy at 2800 Ethereum either.
Therefore, when you encounter a market correction in the bull market, don’t deliberately pursue buying at the bottom, because this is impossible.
When you encounter a big drop like today, you buy, provided that your position is well controlled and you have enough bullets in your hand. If you are already fully invested, watching the market at this time will only add troubles.
It is better to delete the app and have a good rest, and come back in January.
Of course, how to buy at the bottom, what point, and how much to buy at the bottom, Thirteen has given detailed instructions in the circle for your reference.

The PCE data is out. Both the PCE and core PCE data are lower than expected, which is considered positive. This is a strong response to yesterday's reduction of interest rate cuts by Lao Bao.
Trump's encryption project WLFI has been buying Ethereum at the bottom, and now the loss has reached 6.15 million US dollars.
Trump has lost money, so you can't lose money? So keep a normal mind and take a long-term view.
His average price is 3,600 US dollars.
You can guess whether Trump will lose money or make money in this round of market?

Dogecoin has fallen to 0.30, and at this position, there are both risks and opportunities. If it drops further, just hold on; if it rises, it will take off. During this bull market, everyone can give Dogecoin a bit more trust.
After all, Musk, as a human business leader, also holds influence over the old 米 government's efficiency departments, which is no joke.

This wave of correction was unpredictable; no one knew that despite the interest rate cut being a favorable signal, it quickly turned bearish due to old Powell's remarks. There’s no need to worry; we are in a bull market, and at this time, the Thirteen should step up to recharge everyone’s faith.
However, this correction has the following reasons, and I hope everyone keeps them in mind:
① The Fed's hawkish statements.
Through the dot plot and Powell's remarks, there is only a 50 basis point rate cut expectation for 2025. The Fed has clearly stated that it will lean towards fewer rate cuts to control inflation. If there are signs of inflation resurfacing, there may even be a possibility of no rate cuts.
Additionally, regarding Bitcoin reserves, the Fed has clearly stated that it undoubtedly holds Bitcoin.
This reason is the trigger for this correction.
② A healthy correction is needed after a market peak.
On the 17th, Bitcoin reached a historical high of 108,000, and the market began a 5% correction the next day, triggering panic in the market, creating a stampede effect that exacerbated the decline.
With the market dominated by bullish sentiment, a correction is needed to clear leverage.
Global capital markets have all fallen into passivity, especially the U.S. stock market, which has shown a downturn after continuous rises.
③ The dealer's layout.
In fact, a deep correction now has a positive effect on the market; it is very timely. This correction can release the market's bearish sentiment before Trump takes office.
The dealer needs to drive retail investors out of the market before pulling up again, and the only way to do that is to crash the market. So we see that yesterday, the ETF has turned from inflow to outflow.
Retail panic is the effect the dealer hopes to see. I hope everyone can hold their spot positions steady; there’s no need to worry; as long as the bull market is still here, we will all make money.
④ Stay away from charlatans.
Now there are a bunch of so-called experts predicting the market; some have gotten it right this time. You need to make your own judgment on what basis they are making their predictions. If we look purely from a technical perspective, luck plays a large part. At this time, do not get too enamored with technical analysis. You should make a comprehensive judgment based on market sentiment, fundamentals, news, and data.
I hope everyone maintains independent thinking, stays away from high-risk investments, and avoids charlatans.

Everyone can understand some principles from the perspective of the market makers.
Typically, market rallies are guided by market makers, and before a rally, there is one essential task that must be done: driving retail investors out of the market.
Only then can they start fresh, as market makers certainly won't get rich with retail investors in tow.
How do you drive retail investors out? It's simple: create panic among them.
Retail investor panic is very easy to incite; as long as the market experiences a significant drop, it can trigger panic. Just look around at how many once-confident retail investors have chosen to cut their losses and exit in the past few days.
In fact, one could say that those currently cutting losses are basically the cannon fodder of this market cycle.
In the first half of a bull market, every pullback is an excellent opportunity to enter. Everyone understands the principle, but when a real drop occurs and it's time for people to enter the market, they become hesitant.
I usually encourage everyone during downturns and remind them of the risks after the market rises. After the rise, I suggest reducing positions to prepare for future uncertainties.
Having spent many years in the cryptocurrency space, I've seen too much; given the current volatility, this is really nothing in the crypto world.
I hope that my followers maintain a conscientious mindset when investing in the crypto space.
As long as we can see that the trend of this bull market is still in place, there is no need to panic. The specific entry point is not important; what matters is being on the ride.

The sudden market pullback is due to the Federal Reserve's attitude after the interest rate cut, which triggered market panic.
Originally, the market expected a 25 basis point cut, which was not a problem and was actually positive.
However, later statements made one want to directly slap Powell a few times; you’ve already cut rates, yet you’re saying that next year you will control the rate cut to within 50 basis points, which is too far off from the overall market expectations, causing panic to spread rapidly.
Moreover, regarding Bitcoin, it was clearly stated that the Federal Reserve is currently not allowed to hold Bitcoin, as this is determined by law, and there is no intention to actively embrace Bitcoin, as that is a matter for Congress.
Even the stable BlackRock couldn’t hold its ground and quickly released a short video promoting Bitcoin, after all, they hold $57 billion in Bitcoin, even exceeding their holdings of gold.
It seems they also do not wish for the market to pull back too much.
Overall, this pullback is significantly influenced by news and is considered an unexpected situation, as no one could predict that the Federal Reserve would suddenly release such a huge negative signal, leading to a rapid pullback in global capital markets.
However, this market pullback provides a good opportunity for a healthy trend in the future.

Before the market starts, there will definitely be a painful process.
Most retail investors cannot endure this process and will only sell their chips, which are mostly pocketed by the big players.
The current market sentiment for Ethereum has reached its lowest point since 2023, and generally, this kind of signal is considered a bullish sign.
Institutions have been continuously buying Ethereum.
Moreover, in this round of major market movements, Ethereum has not yet exploded and is in a state of accumulation; once the black box opens, the possibility of a rebound is very high.
Of course, the advice from thirteen is just for reference; everyone should not blindly follow, as investing is a personal matter and one must bear the consequences.
It is crucial to strictly control position risk.

I have been affected by the flu and am feeling exceptionally unwell. Seeing this market makes me feel bad for everyone.
However, I am quite happy with the situation, as I can increase my positions at a low cost.
I just woke up and saw that Bitcoin has dropped below 100,000. As I mentioned to everyone today, it might be hard to see Bitcoin below 100,000 in 2025.
Right now is actually a good time to enter the market.
Within the thirteen group, I have already given clear indications.
I hope everyone can be a little bolder; after all, what is there to worry about during a bull market?
We are holding spot assets, focusing on valuable coins. Even if the market continues to decline, so what? If we don't have the funds to buy the dip, we can simply delete the app for a while and come back later.
When we look back in the first quarter of 2015, we will realize how ridiculous our fears were at that time.
Just like now, when we recall June 5-6, when Bitcoin dropped below 50,000, our fears back then were so laughable.
The crypto world is like this; nearly 99% of investors only care about short-term market fluctuations and can't see beyond that.
When prices rise, there's greed, and they want to chase the highs; when prices fall, there's fear, and they want to cut losses.
Why are retail investors always getting cut? It's because we are shortsighted, unable to see the trend, or even the beautiful scenery a few months down the road.
Earlier, Ethereum dropped below 3,600, and I added a little more. If the market continues to be sluggish, it is very likely to drop to the 3,300 price range. I will continue to buy the dip to lower my cost.
Investing in Ethereum is definitely not a loss.
After Ethereum broke 40,000, I clearly informed everyone to stop buying the dip for Ethereum because the risks were too high; we should wait for the market to correct.
Now is the time to take action again.

At the end of December, we will not see Bitcoin below 100,000.

I don't know when it started, but there has been a saying in the market that there will be a crash during Christmas.
Thirteen specifically checked the past data and found it to be completely a rumor.
In the past ten years during Christmas, there were 6 declines and 4 increases.
In the past ten years, the probability of both increases and decreases in the entire month of December is 50-50.
Therefore, the statement that the Christmas market will correct is completely unfounded; everyone doesn't need to scare themselves.
However, there is one piece of data that everyone can focus on: the starting point of the last bull market began on Christmas, with Bitcoin and Ethereum both entering a 110-day violent bull market.
Bitcoin surged by 185%, Ethereum by 600%, Solana by 4200%, BNB by 2000%, Dogecoin by 1900%...
Will this bull market start a real bull market based on the Christmas time node? The probability looks very high at the moment.
Currently, the entire market is supported by macro quantitative easing policies, with mid-level ETF layouts and various positive micro data.
No matter how you look at it, the current market does not have the foundation for a deep correction.
Because institutions are still madly entering the market, raising the fair market price of Bitcoin.
For example, Ethereum, which is not performing well now, has most of its liquidity almost occupied by whales.
104 whales hold at least over 100,000 Ethereum, accounting for 57% of total liquidity.
Whales holding between 10,000 and 100,000 Ethereum account for 33.4%.
Retail investors holding less than 100 Ethereum have dropped to 9.19%.
This set of data indicates a serious problem: retail investors collectively do not have a positive outlook on Ethereum, while whales continue to collect chips from retail investors.
Considering Ethereum's performance during this period and various panicky statements, it's not hard to see who the opinion manipulators behind it are.
The information between the operators and retail investors is unequal; when retail investors begin to collectively have a negative outlook, we should instead firmly hold onto our Ethereum and not let it go.
Concentration of chips in a bull market can be seen as a major positive, making it very easy to push the market up.
At that time, retail investors will only be able to chase high prices to enter.

Currently, those on the bus are happy, while those not on the bus are in pain.
Because those on the bus fear callbacks, and those not on the bus fear takeoff.
Still, our friends from the thirteenth circle are living well, holding long positions steadily like old dogs. Regardless of how the market fluctuates, we hold our positions firmly.
Now the market has dropped, and the opportunity to buy at the bottom has come.
Some friends question, when the market drops, buying at the bottom, I have no bullets, does everyone have infinite bullets?
This question has already been explained in detail in previous articles by the thirteenth, so I won't repeat it here.
Just because you can't manage your positions well doesn't mean others can't either.
After the market rose previously, the thirteenth clearly reminded everyone to reduce positions to maintain a reasonable cash position. I hope this question will not be brought up again in the future, and that everyone can reflect more on themselves.
There are less than two weeks left in December. Every pullback is a blessing from above; we must seize it. Don't cling to your position; entering the market while it drops is the most reasonable choice.

Recently, Bitcoin has been breaking new highs continuously, starting from yesterday it surged to 108,000, and then pulled back by 5,000 points.
It is still lingering at this position.
The bottom is at 102,000, which everyone should pay close attention to.
Many people predict that the bearish cycle has begun again. Analyzing from a technical perspective, we can indeed see the lower positions through support and resistance.
However, as the market has developed to this point, technical analysis can only account for 30% of the influence; more is determined by sentiment and the buying behavior of Wall Street capital.
Because it's still the same saying, in a bull market, don't short when bearish; a drop is an opportunity to buy the dip.
As long as the upward structure is not broken, we should remain firmly bullish.
The continuous rise of Bitcoin has created a vampiric effect in the crypto space; if Bitcoin can consolidate at this position, it will undoubtedly provide an explosive opportunity for altcoins.
The next decisive factors influencing the market will not be on the technical chart, but in market sentiment and the strength of capital inflow.
Currently, the capital led by BlackRock is entering the market very decisively, with ETFs continuously flowing in, stabilizing the market.
For retail investors, it is not advisable to chase high prices right now, as Bitcoin has risen too much; instead, opportunities lie in Ethereum and other altcoins.
When operating, everyone should try to avoid short-term contracts, as the current market is highly volatile and it's easy to hit stop losses.

A month ago, the presidential election.
The market was still in a highly uncertain state, with people almost driven mad by the question of whether it would be Kamala Harris or Trump.
Everyone prayed for Trump, but Harris's polls were consistently far ahead, causing great concern.
Who would have thought that, despite the strong momentum, it turned out to be a paper tiger, unable to secure even one swing state.
Why was Musk able to bet on Trump in advance?
That's the difference between ordinary people and Iron Man; he dared to go all in before the election, while we didn't, and we didn't even dare to bet on Trump winning.
After the results came out, the cryptocurrency market directly launched into a surge, with Bitcoin skyrocketing from the 60,000 range to 100,000.
A bunch of altcoins also returned to their highs from March.
Now many people tell Shisan that he regrets it.
In fact, there's nothing to regret; choosing not to gamble is the right choice. If you bet and win this time, what about next time?
Gambling is something one should stay away from.
To survive in the cryptocurrency market for the long term, one must choose the most stable investment method, which is the method Shisan has always advocated.
Never engage in high-risk investments just to get rich quickly; some people didn't listen to Shisan's advice and have now been harshly educated by reality.
Of course, there are those who won their bets and are now feeling triumphant in the cryptocurrency market, looking down on others, believing everyone else is poor while they are gods in the crypto world.
Such illusions will lead them to continue choosing high-risk methods in the next gamble; if they lose once, they lose everything.
Risk, risk, risk, must always be prioritized.

Bitcoin is about to reach 110,000.
This is almost beyond doubt, whether from the news perspective or the technical perspective, it is almost all positive. The President of El Salvador is showing off, Gan Gan has resigned, and Trump is about to take office.
Especially, Wall Street institutions have been continuously buying in, even after Bitcoin surpassed 100,000, they are still buying in.
For us retail investors, we have been dealing with Bitcoin at 30,000 to 60,000 for a long time, and when Bitcoin reaches 100,000, we feel it’s a bit high.
As mentioned in previous articles, buying Bitcoin at this time is like joining the Nationalist Army in 1949.
The reasoning is simple: for this bull market, the highest prediction for Bitcoin's peak that I can currently see is 150,000, anything above that is beyond my cognitive range.
So, in this price range, we will choose to take profits and wait on the sidelines.
The future market has nothing to do with me; of course, it may continue to soar, but I do not plan to continue taking those profits.
However, institutions are still buying frantically; they are optimistic about Bitcoin's future higher position.
For them, achieving a 50% profit in just a few months is very terrifying, while for us retail investors who have been drifting in the crypto space for years, 50 points in a bull market is looked down upon by most.
So, I am thinking about what kind of way this bear market will come?
After all, institutions have laid out so much; if they start to sell off, the entire market will know, triggering panic selling.
It is highly likely that this bull market will come with several rounds of crazy ups and downs, and then slowly enter a bear market.
Through the method of wild fluctuations, extending the bull market cycle, leaving them enough room for selling events, and attracting more retail investors to join.
I hope that friends in my circle will be decisive when taking profits next year, and not be overly concerned about gains and losses.