Bitcoin will suck blood, altcoins will soften!
This position belongs to the normal market differentiation effect, and the time nodes must differentiate due to two events!
1: Monthly and yearly convergence position! The capital differentiation before the annual line K closing is beneficial for the future market!
2: BTC high-pressure consolidation, the continuous upward effect of altcoin sectors is greater than 5 days; there are no sectors of altcoins to take over, so it is normal operation for differentiation and pullback!
3: BTC price pressure zone, sucking blood effect!
Two major events to pay attention to in January 2025:
1: FTX compensation expectations (progress will be made in January, and the compensation unit is fiat currency U)
2: Transition of the new US administration (expected time in mid to late January)