🔎 Market Adjustment: Opportunity or Risk?
1. IS AI TAKING PROFITS ON BITCOIN?
In recent days, Bitcoin has risen above 100,000 USD, and indeed some investors have taken the opportunity to take profits. But don't worry, on-chain data shows that selling pressure is not significant.
• The aSOPR index has slightly increased to about 1.1-1.12, much lower than at the beginning of 2024 (1.3-1.35).
• The Long Term Holders group (holding BTC > 155 days) has sold off, but the volume is not concerning.
Overall, many investors still expect BTC prices to rise strongly in the near future.
2. GLOBAL LIQUIDITY IS STILL WEAK BUT PROSPECTS ARE BRIGHT:
Currently, global M2 money supply is still decreasing, indicating that liquidity is not really abundant. But do not forget, when central banks inject more money into the market, this will be a significant stepping stone for the next growth wave in 2025.
3. THE MARKET IS STILL ON AN UPWARD TREND!
The good news is that the total market capitalization of Crypto has broken through the peak of 2021. This confirms that the market is still on a long-term upward trend.
• According to Bitcoin's 4-year cycle, the cycle peak usually falls around September-October 2025 (77 weeks after Halving). So if history repeats itself, this could be the last chance to get on board.
4. ALTCOINS HAVE THE POTENTIAL TO EXPLODE:
• About 33 weeks after Halving, capital usually shifts from BTC to altcoins, significantly boosting altcoin capitalization.
• Investors are prioritizing withdrawing USDT to enter the market, enhancing opportunities for BTC and altcoins.
5. SO WHAT TO DO NOW?
If you believe in market cycles, this may be the time to increase your holding position to catch the big wave in 2025. But it's also important to remember: risk management is a vital factor, as the market is always volatile and nothing is certain.
