Market analysis on the evening of December 2nd
1. Bitcoin has dropped below 96,000, leading to a wave of market decline. There’s no need to worry too much; this is just a liquidating contract. For those who got in early, if you can’t handle the ups and downs emotionally, you can exit to preserve your capital or take some profits while ensuring your capital. Sometimes it depends on individual risk tolerance.
2. For those who held positions earlier, be patient and wait for the second wave of peak market. The charts are already quite clear; mainstream coins are likely to break last year's highs. What I’m saying is under the condition that no policies or black swan events arise.
3. Regarding future strategies, I personally still hold my ground. If Bitcoin breaks 100,000, mainstream coins will surpass last year's highs, and meme coins like 'Zoo' will surge, followed by a Bitcoin correction.
3. The market itself is ever-changing; one policy or one piece of news can make market makers make you doubt your life, and it can also lead to doubts about life. For those entering the market later, I personally do not recommend getting involved with coins that have already doubled or tripled, because in our first lesson, we learn how to preserve capital, how to buy bottoms, and how to avoid risks.
4. Many people have this psychology: when they see a certain cryptocurrency surge, they fantasize about whether their purchase will keep rising. Let's think from another perspective: the market makers are here to make money, not to do charity. What we need to do is to ride the wave with the market makers, not to be harvested like leeks.
Risk, benefit, and stability: we prioritize stability first, risk second, and benefit third. We accumulate wealth using a snowball effect.
Investment involves risks; proceed with caution when entering the market.
Stay away from contracts; cherish your life!