$ACT

Brothers, important reminder! ⚠️⚠️⚠️

The synergistic effect between Trump and Musk has lasted for nearly a month, and it seems that this wave of enthusiasm may soon come to an end. As the end of the month approaches, the predicted range for the monthly closing price is roughly between 96000 and 97500. It is important to note that the market trend in December may show a downward trend, especially around December 1-3, when the market may experience a slight increase, leaving an upper shadow for the monthly line. However, shortly thereafter, around December 5, the market may experience a significant drop, with the possibility of a crash on that day. Therefore, you must remain vigilant and pay attention to safety!

Looking back at the bull market from 2020-2021, the first phase began in October 2020, with six months of continuous gains, rising until March of the following year, peaking in April at 64854, with a downward trend following for the whole first phase lasting seven months. The second phase experienced seven months of fluctuations, ultimately peaking at a new high of 69000 in November 2021, during which the monthly cycle showed a V-shaped reversal, dropping from 64854 to 28805, a decline of 53%.

Now, looking at the bull market performance from 2023 to present, the first phase began in October 2023, also with six months of continuous gains, reaching 73777 by March 2024. Then, the second phase of the bull market began in September, surging to 99588 in November. However, during the second phase, the market from April to August showed a wide range of fluctuations and downward trends, with prices dropping from 73777 to 49000, a decline of 52%.

It is particularly worth mentioning that when the price surged to 99588 in November, Bitcoin futures prices also broke through the historical barrier of 100,000, with the market sentiment being exceptionally frenzied! This round of the bull market has attracted the participation of many new institutions, but these new institutions do not have advantages in terms of holding prices and spot quantities compared to established institutions. However, their goals are the same—established institutions want to harvest profits, and new institutions need to do the same. Due to the lack of advantages in holding costs and quantities for new institutions, if the market only rises to 80,000, it clearly cannot satisfy their appetite.

#AI与GameFi市场表现 #比特币打破感恩节魔咒 #山寨币走势展望

The Musk concept Ethereum chain #puppies (ending with 6eb2), as a force that steadfastly upholds its charitable mission, is leading Web2 users steadily into the new era of Web3.