Panic among retail investors! Great opportunities in the crypto market!
Looking back at the last bull market from 20-21, Bitcoin rose from the end of September 2020 to December 2020, during which all DEFI coins were in a pullback, and all altcoins were basically dormant. Bitcoin stood out alone, rising from 10,000 to nearly double. Meanwhile, the leading DEFI token UNI dropped from 8 dollars to a low of 1 dollar.
In February 2021, Bitcoin was close to the highest point of 60,000, while Ethereum lingered below 2000. You can review the K-line of the subsequent trend; Ethereum doubled from 2200 to over 4000 in just two weeks.
We must recognize one thing: Bitcoin determines the overall trend of the crypto market, but! The rhythm and lifecycle of altcoins and Bitcoin are different.
Why do I insist that this bull market will have an altcoin season?
From an emotional perspective: the market often arises from despair, rises from hesitation, and is destroyed in madness; this is human nature.
The meticulous trading methods of Wall Street have made this bull market much calmer compared to previous ones; they can make the market harder to play with strong capital and top control, making us feel that this time is different from before; but the only thing they cannot change is human nature, because as long as people are involved in trading, they cannot escape human nature.
Looking at the market's cries of despair, do you think the current situation is crazy?
Holding coins is like guarding a harem. The trading market, whether rising, falling, or sideways, is constantly stimulating our nerves. What we can do is choose a strategy that suits ourselves and execute it.
At this time point: holding on is correct, waiting for the wild altcoin season; exiting is also not wrong, as Bitcoin has already yielded 5-6 times profit.
Don't pull each other down; it's meaningless. What we ultimately face are just our own wallets and our own lives. As long as this cycle earns profits and changes or improves our lives, what other important matters are there?
If you firmly believe in a bullish trend, you must pay attention to the best buying points that will appear soon!
Bitcoin's drop without following altcoins is a strong signal. Currently, some altcoins are performing well, like Zen Usual Aave, etc., which can be focused on.
The current 4-hour level looks at whether it can break below around 92000. If it does not break and continues to oscillate, the altcoin market will continue. If it breaks, it will short-term test the support around 90000 again. In short, in a bull market cycle, pullbacks are always excellent opportunities to enter. If it drops quickly, the V-shaped rebound will also be quick, there's nothing to be afraid of.
Currently, the overall market is still in a volatile bottom-seeking state, gradually probing the bottom during the fluctuations:
The closer BTC gets to 90,000, the greater the opportunity. If the market is strong during this period, the monthly line will likely 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!
Patience to wait for opportunities, the main upward wave is still behind!
If you ask me what coin to buy?
Just look at the capital trends and the rise rankings. Don't think that altcoins without volume can be bottomed out; if capital doesn't favor them, it doesn't matter how low they go.
BTC's market share has started to slowly decline. Some of this capital will choose to watch or re-invest in other altcoins. At this time, you will see a polarized market: some altcoins drop with BTC, while some altcoins rise with ETH.
If altcoins have levels:
King: RWA related ONDO OM CRV XLM XRP HBAR
Diamond: 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 Treasury RWA TVL grew sixfold last year. ONDO and OM are the top three in this track, and crypto giants like TETHER and Matrixport are also entering the RWA space. Traditional capital like BlackRock and Fidelity are queuing up to enter, along with stocks and commodities. This is a track that has just started and has no ceiling.
Firmly execute the strategy!
I usually split my capital into two parts when bottom fishing: half on the left side, half on the right side.
On the left side, buy more as it falls until it reaches the psychological limit.
On the right side, wait for upward momentum or for higher highs and higher lows to buy on the pullback. Don’t buy when it’s falling and rush to buy when it rises a few points like yesterday; this is very easy to get cut repeatedly.
The trends of BTC and altcoins are diverging, but overall, the crypto market still needs to look at Bitcoin. If Bitcoin doesn’t strengthen, the sustainability of altcoin rallies remains to be seen; you can understand it as an oversold rebound, or as main capital controlling the average price of chips.
Wait for Bitcoin to fall to the bottom → Bitcoin hasn't fallen yet → Bitcoin has fallen → follow the drop → Bitcoin hasn't dropped to the right level → altcoins to make a price defense and wait.
Overall, altcoins are still very weak recently, and market liquidity is severely insufficient. However, this is a good time for layout, because there will definitely be a bull market for altcoins next year; the expectation is too strong.
Now I have a clear feeling that altcoin capital is a bit restless. The market is still generally in a volatile state, but it’s about to move in a good direction.
