The market is changing rapidly, and trading is all about the present. You sing whatever song fits the mountain you're at. The price of Bitcoin remains at over $93,000, and it has been oscillating around this range for a long time. This oscillation will continue for a while; a significant breakthrough may occur in January, possibly breaking the daily downtrend channel and its regular rhythm. Therefore, when we look at the market, we still need to wait.
The market capitalization of stablecoins is still continuously increasing, and it is clear that funds are still being added. Bitcoin spot ETFs are experiencing outflows, and the rainbow chart remains in a relatively cheap and buying consideration phase. The balance on Bitcoin exchanges continues to decrease, indicating that people are buying coins. The Bitcoin liquidation chart shows a tendency towards a bullish trend within the day, and there will still be oscillation within seven days. The price of $92,000 may be broken before a rebound occurs, and the bullish market will still prevail within thirty days. It should be very, very difficult for Bitcoin to drop now. A wave of altcoin highs will soon arrive; first, Bitcoin will pull up a bit, reaching $110,000 to $120,000, after which major altcoins will see significant increases. Therefore, you must hold onto this wave of the market. If anyone has not traded or registered, you can find Wang Yun for the exchange link. By using Wang Yun’s invitation code, you will enjoy a permanent small transaction fee discount.
Many cryptocurrencies in Japan are experiencing a pullback, with only a few able to hold steady. This downward trend still needs to oscillate for a while; it does not mean it will immediately recover. Such a prolonged trend requires patience. The mining difficulty of Bitcoin is gradually increasing, and the rising difficulty indicates that the price of Bitcoin still needs to be sustained, right? It has to make further breakthroughs. The continuous rise in mining difficulty shows that the machines required are becoming more expensive and their computing power needs to be stronger to mine coins, which increases the cost. Thus, the cost of Bitcoin will rise. This year, many mining companies have gone public in the United States and are basically making a lot of money, so it is very difficult to prevent the price from rising—unless a bear market really comes, right? I believe we are far from reaching a bear market stage. If we reach a bear market, I will guide our members. Currently, Bitcoin's total market capitalization accounts for 54%, and it has not yet reached the peak of the bull market. Finally, if anyone has not yet participated in cryptocurrencies, hurry up and get involved. Don’t wait until the last moment to participate. Many cryptocurrencies are currently at very, very low prices, similar to the prices at the beginning of a bull market. If you miss this wave, you might need to consult Wang Yun for advice on how to operate in this market. A few months of your operation will lead to your liberation—it's that simple. Alright, that's all for today.#BTC走势分析 