The cryptocurrency market is not like the A-shares; when prices rise significantly, consolidation can happen before further increases without requiring a major pullback.

There aren't any major events in December, and on January 20th, Trump will take office, followed by the Ethereum Prague upgrade in March. These are all positive developments, and the benefits have yet to be realized.

In trading cryptocurrencies, news is also very important.

In the short term, there’s no need to predict the price at this level; if it drops, plenty of people will buy the dip, and the downside is limited while the upside is unlimited.

Stay calm with your holdings and patiently wait for the day we break through 100,000. After breaking through 100,000, key psychological levels usually push higher, and by then, we can think about making moves for short-term gains; there’s no need to obsess over whether to sell now and buy back at a lower price or hold for a rise, and what if there’s a pullback.

The price has already reached over 90,000; to be honest, that’s really high, and many people are selling at this level. However, it just won't drop, which means there are buyers. I believe institutions are buying. When buying at such high prices, their holding costs have been pushed up significantly. Institutional entry is usually a medium to long-term investment; they won't exit until they achieve satisfactory profits.

In this bull market, I think a Bitcoin price between 150,000 and 200,000 is very reasonable.

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