Retail panic! A great opportunity in the crypto market!
Looking back at the last bull market from 20 to 21, Bitcoin rose from the end of September 20 to December 20, during which all DEFI coins were in pullback, and all altcoins were basically lying low. Bitcoin stood out, rising from 10,000 to nearly double. The leading DEFI coin UNI dropped from 8 dollars to 1 dollar.
In February 2021, Bitcoin was already close to the highest point of 60,000, while Ethereum was still hovering below 2,000. You can look back at the K-line to see the subsequent trend; Ethereum doubled from 2,200 to over 4,000 in just two weeks.
We must recognize one thing: Bitcoin determines the overall trend of the crypto market, but! The rhythm and life cycle of altcoins are different from Bitcoin.
Why do I insist that there will be an altcoin season in this round of bull market?
From an emotional perspective: the market often arises in despair, rises in hesitation, and collapses in madness; this is human nature.
The delicate trading techniques of Wall Street have made this round of bull market much calmer compared to previous periods; they can leverage powerful capital and top-level control to make the market harder to play, making us feel that this time is different from before; but the only thing they cannot change is human nature because as long as trading involves people, it cannot escape human nature.
Looking at the market in despair, do you think the market is crazy now?
Holding coins is like guarding a widow; regardless of whether the trading market is rising, falling, or sideways, it constantly stimulates our nerves. What we can do is choose a strategy that suits us and execute it.
At this time point: holding is correct, waiting for the violent altcoin season; exiting is not wrong, pure Bitcoin has already made 5-6 times profit.
Don’t pull others down; it’s meaningless. Ultimately, we only face our own wallets and our own lives. As long as this cycle is profitable and changes or improves our lives, what else matters?
If you are firmly convinced of a bull trend, you must pay attention to the best buying points that will appear soon!
Bitcoin is falling, and altcoins are not following; this is a strong signal. Altcoins are performing well currently, such as Zen Usual Aave, etc., which can be focused on.
Looking at the 4-hour level, we need to see if it can break below 92,000. If it doesn’t break and oscillates, the altcoin market will continue; if it breaks, it will short-term test the support around 90,000 again. In short, during the bull market cycle, pullbacks are excellent opportunities to enter. If it falls quickly, the V-shaped rebound will also be quick; there’s nothing to be afraid of.
Currently, the overall market trend is still in a state of oscillation and probing the bottom, gradually probing the bottom.
The closer BTC gets to 90,000, the greater the opportunity. If the market is strong during this period, it is very likely that the monthly line will close positively, and the best buying point will appear before the 31st. If the market is weak, the best buying point will appear in early January!
Be patient and wait for opportunities; the main upward wave is still ahead!
If you ask me what coins to buy?
Just watch the capital trend and the rise list; don’t think that altcoins without volume at the bottom can be bottom fished. If capital doesn’t favor them, it’s useless regardless of how low they are.
Bitcoin's market share is starting to decline slowly, during which some of these funds will choose to observe or re-invest in other altcoins. At this time, you will see a polarized market: some altcoins fall with BTC, while some altcoins rise with ETH.
If altcoins had ranks:
King: RWA-related ONDO OM CRV XLM XRP HBAR
Diamonds: Trump/Musk-related AAVE LINK COW DOGE
Gold: AI, DEPIN, MEME-related FET, TAO, VIRTAL, JASMY, HMT, XYO, PEPE
Innovative projects in this cycle: SUI, ENA, USUAL, HYPE
US bonds RWA TVL grew sixfold last year, ONDO and OM are among the top three in this track. TETHER and Matrixport, these crypto giants, are also personally laying out RWA, and traditional capital like BlackRock and Fidelity are queuing to enter, along with stocks and commodities. This is a nascent track with no ceiling.
Firmly execute the strategy!
When I bottom fish, I usually split my funds into two parts, half on the left side and half on the right side.
On the left side, buy more as it falls, and stop when you reach your psychological limit.
The right side is waiting for an upward push or higher highs and higher lows, buying on pullbacks. Instead of not buying when it falls, rushing in after a few points of rise like yesterday, which can easily lead to repeated losses.
BTC and altcoin markets are diverging, but overall, the crypto market still needs to look at Bitcoin. If Bitcoin doesn’t solidify, the sustainability of altcoin rallies remains to be seen; you can understand it as a rebound after an overshoot or as main capital controlling the average price of chips.
Falling to the bottom waiting for Bitcoin → Bitcoin hasn’t fallen yet → Bitcoin has fallen → following the fall → Bitcoin hasn’t reached the bottom yet → Altcoins raise a wave of defensive prices and wait.
Overall, altcoins are still very weak recently, with a serious lack of market capital. However, this is precisely a good time to lay out positions because the altcoin bull market will definitely come next year; this expectation is too strong.
Currently, I have a noticeable feeling that the funds in altcoins are a bit restless. The market is still generally in a state of oscillation, but it is about to head in a good direction.