It’s been more than half a month since the last update, and you can see that I am gradually reducing the frequency. I have mentioned multiple times that during the quietest times, I update more to recharge faith for everyone, guiding the few who remain to plan for bottom fishing, which is now complete; I reduce updates during large market fluctuations or good conditions, just waiting for prices to rise and quietly making a fortune is the best strategy.

Since the big player broke through 80,000 on the 10th, it has been climbing steadily, continuously creating history and new highs, stopping only at 99,500 on November 22, just one step away from 100,000, and started consolidating above 95,000 for four days.

Someone asked why not break through 100,000 in one go.

I believe there are several points: 1. Printing money takes time; in the past three days, Tether issued 500,000 USDT, which is pegged to the US dollar, representing that there is that much more money in the market, and this money will flow back into the market again.

2. Altcoin time, the big player accounted for as high as 61% in November, while Ethereum + altcoins accounted for only 39%. Imagine this, their expectations are too low; imbalances will lead to a relative increase, which is also one of the reasons for the recent rise in altcoins.

3. Waiting for someone to take over, anticipating new institutions or capital, such as GJ, to come in; otherwise, who will buy? Multiple listed companies, GJ is gradually entering the market recently.

At this stage, although it’s at 98,000, there are still a lot of existing funds in the market speculating, needing the new forces mentioned above. I believe it’s better not to rush for a quick rise in the short term; either don’t rush to break through 100,000, let it consolidate a bit more, or slowly pull up in small steps, then take a break for a while before slowly pulling up again. This time, the market makers seem to be giving out money, those who have stocks can continue to hold and watch the big players perform.

Regarding Ethereum, many people still ask if it’s any good. My answer: it is good, good, good. The key point is just one: for those who can’t afford it, the global capital will come back to buy Ethereum, and through Ethereum's ETF, it is a very good buying point. For the past 10 days, Ethereum has been in a net inflow state, Grayscale and Fidelity hold 25 million Ethereum. There’s no need to worry about it not rising; what you should be concerned about is whether you’ll still be around when it does rise.

In August, I predicted that the first long-term position at 3000 was reached, and the second long-term position at 3500 was also reached the day before yesterday. This is a significant encouragement for Ethereum, just like on the 21st when it surged almost 10 points in one go, and altcoins surged explosively following it.

However, one point is that the ETH/BTC ratio has been continuously decreasing, creating a new low on the 21st, reaching around 0.03, indicating that its independent performance moment has not yet arrived, lagging behind the big player. I still believe Ethereum is currently the most powerful innovative chain, and most of the innovation in altcoins is led by Ethereum. It depends on the narrative perspective moving forward, its upgrades, and what new blood MEME can inject into it. If the story is well told, it can pull up the market.

Currently, Ethereum is fluctuating between 3200-3500. Similarly, I don't want it to rise too quickly, as it would be best for altcoins. On one hand, it’s to re-accumulate chips, on the other hand, it’s to wait for the lines to form. As long as it doesn't break below 3000, it could reach 3500-4000.

In the past week, the first wave of altcoin performances in the third phase was quite something. 99% of people never expected Stellar XLM to rise 8 times from its low and XRP to rise 3 times, which led to a significant number of people missing out. Others are pulling their own while watching. Most people were influenced by the inherent thinking from the previous bear market and still think a rise of 30-50% is enough, expecting a correction, wondering if this time it’s just a false rally, etc.

In fact, if you take a close look at the historical candlestick charts, after the last cycle dropped, from June 2022 to November 2024, it was in a sideways trading range, accumulating slowly for two years just to achieve results in a few days or 1-3 weeks.

Two years just for this penetrating arrow, this is the shock brought about by a super bull market, beyond imagination!!

Currently, XLM has not reached its target, let alone other altcoins. From the last cycle until now, it has been underfoot. Don’t be fooled by the roughly 50% rise in the past half month; I believe it hasn’t reached the height they want, just a slight rebound. Some people are just starting to break even, and some are still waiting to recover losses, which means the market is not hot enough. So when will it heat up? If you experienced the last cycle's bull market, then it was when everything you bought was rising, 30-50% a day, continuously pulling up to the point of fear, making you worry, keeping you sleepless, and leading you to fantasize about buying what kind of house or car, constantly watching your account balance grow, with tenfold returns in a month being very common. If you delay for even a minute, you miss out on profits. So open your imagination; the funds for MEME are beginning to flow back to the secondary market, once the primary is done, the secondary follows, and the segments rotate and switch continuously, each time higher. Right now is just the early stage of the third phase for altcoins. There are still ample opportunities to jump on board, to switch positions, to prepare. Why do some altcoins rise and then drop? It’s to accumulate chips; the project team has just entered the market, and this price is just beginning. If your B is in a certain position, as long as it complies with the above XLM criteria, don’t look at daily or weekly charts, just look at the monthly; as long as it stays in a trading range for two years, it’s good to hold on to it!!

Therefore, this market trend should be the one that is most worth seizing. To put it simply, if played well, it will earn more than any previous occasion!

Epic bull market, open your imagination, open your imagination!!!