Just broke through 100,000 yesterday.
Today, it will break through 95,000.
More than 170,000 old friends were liquidated, and 542 million dollars were liquidated in 24 hours.
$484 million is a long order.
Miserable, miserable,
Therefore, in this market, there is no room for luck or perfunctory thinking.
Without professional knowledge, independent thinking, analysis and judgment, you will only be harvested if you follow the crowd.
The crocodile said before:
This round belongs to the "Trump bull" or "policy bull".
This wave of plunge was affected by the negative ISM manufacturing PMI data and JOLTS job vacancy data.
Then the U.S. stock market plummeted, followed by the collapse of the crypto market.
From this, we can see,
Currently, the market's liquidity has not yet improved.
There isn't much new capital flowing into the market in the short term.
That's why the market is so fragile.
For those who are looking forward to a market explosion in the short term.
The big player tells you to prepare for disappointment; after this round of stopping the decline,
which is likely to enter a stage of consolidation.
The key points for takeoff mainly look at two aspects,
one is the policy realization after the appointment of the understanding king.
Secondly, the expectations for interest rate hikes.
The specific movements will be followed up by the big players in a timely manner.
Of course, there is no need for everyone to panic about the overall market situation.
because the market is still healthy.
Washing out before the takeoff is normal.
on one hand, there are too many long positions chasing high above 90,000.
On the other hand, the options expiring in January, 98,000 and 100,000 need to be settled,
After this wave of cleaning, there will still be a wave of options expiring in March.
all of which are call options at 100,000, 115,000, and 120,000.
All orders are executed automatically through the system,
See,
there are many retail investors in the market,
who are still more optimistic that the market can reach 120,000 in March.
Although the market has dropped to this dead state, the big ETF from yesterday,
there is still a net inflow of 52.39 million. BlackRock and MicroStrategy have made significant contributions.
there is no doubt that in the future, Bitcoin will definitely be the asset with the highest return rate.
According to the 2024 Global Digital Asset Annual Report data,
the annual capital inflow reached a historical high of 44.2 billion.
Bitcoin inflow was 38 billion,
Ethereum inflow was 4.8 billion,
and altcoins inflow was 813 million.
Bitcoin's annual return rate reached 130%, while gold only reached 30%. So, the sky is still the same sky, the bull is still the same bull, and nothing has changed.
Let's talk about Ethereum. From last year to this year, Ethereum has indeed disappointed many people, but recently, the big players have seen,
the ecological performance of Ethereum shows subtle signs of recovery,
over the past 7 days, stablecoins on the Ethereum network
have steadily increased by 1.11 billion.
In contrast, the hot public chain Solana has only increased by 200 million.
Overall, this is a positive signal.
Looking at the Ethereum holdings of major institution BlackRock,
it has already surpassed 1.08 million pieces,
with a market value of over 3.9 billion.
The holdings of the three Ethereum ETFs in Hong Kong
have also reached 18,900 pieces,
with a total net asset value of 65 million,
which is also a historical high.
These signs indicate that Ethereum is gradually gaining momentum.
Under the premise of confirming this round of 'Trump bull market' viewpoint, the market's takeoff will be jointly promoted by ETFs and policies,
in which Ethereum is an indispensable force,
continuing last year's viewpoint:
Ethereum will become the biggest dark horse in this bull market,
the conservative estimate from big players: Ethereum could reach above 10,000.
As for altcoins,
altcoins have been severely drained by Bitcoin,
combined with the first-level market AI and agents sucking away a lot of traffic,
resulting in a serious lack of liquidity in the market,
along with the continuous washing out in the past two months,
with no new narrative selling points,
there is unlikely to be a major breakthrough in the market in the short term.
To see a rebound in altcoins, the first point is to wait for Bitcoin to stabilize, and then to see if Ethereum can rise,
As the king of altcoins,
only when Ethereum takes off completely,
will the market regain confidence and the rotation of funds ignite the market sentiment for altcoins. Finally, a soaring takeoff.
In summary, in 2025, everything is just beginning. What we can do is adjust our mindset, have a bit more patience, and wait for a more wonderful market to arrive.