It's just so willful, $BTC is just a straight line when you talk about it, but it can't be said to be a reversal. The greater possibility is a big explosion followed by another explosion, especially for those trading at 100x or 50x leverage. Right now, it's just a fluctuation.
In the short term, on the 4-hour chart, Bitcoin is between $91,500 and $96,000, while ETH is between $3,300 and $3,450;
Currently, looking at the major events on the financial calendar, there are no significant events expected before January 10, unless there are unexpected incidents. If there is no change this Friday, then we can only expect a big shift around the U.S. non-farm payroll data.
Spot users should just enjoy the holiday after buying, and accompany the girls; contract users should set stop-loss and take-profit levels in the range, short when it rises, long when it falls, and who knows, they might make a fortune.

$BTC Altcoins don't want to drop, and ETH wants to hold on, but Bitcoin says: I want to drop, I've been strong for too long, and now I'm in a correction phase!
The altcoin season is right around the corner, you have to believe in the light (seriously ing)
Bitcoin breaking through 92,000 should be a bait for a short, too many people want to short or are already shorting;
The main forces represented by Wall Street in Europe and America are currently on vacation at the beach, and it's hard to see much action right now.
The market spends 90% of its time in consolidation; choosing a direction, the rise and fall happens in an instant, it won’t give retail investors time to react, so planning needs to be done in advance, buy when no one cares.

2024 is almost over. To sum up the characteristics of the cryptocurrency market this year, it is: while Bitcoin continues to break new highs, a number of altcoins have performed poorly, following the decline but not the rise, so that many people have shouted that there is no altcoin season, only the Bitcoin bull market.

The severity of this situation can be seen from the difference between the current mainstream currencies and their historical highs: ETH is -30% away from its historical high, BNB is -11%, DOGE is -57%, ADA is -71%, TRX is -40%, and AVAX is -74%.

Even the currencies that performed strongly in 2024 are still some distance away from their historical highs, such as: XRP is -43% away from its historical high, SOL is -28%, PEPE is -36%, and AAVE is -49%.

The performance of old mainstream currencies is also as bad as it can be, such as BCH is -89% away from its historical high, LTC is -75%, XLM is -62%, and LINK is -56%; this is the result after a round of rise in this round of market at the end of the year.

The performance of the popular currencies in the last bull market is even worse, such as ICP, which is -99% from its historical high, FIL, which is -98%, DOT, which is -87%, and UNI, which is -69%.

From the performance of ETH, the weathervane of the altcoin season, ETH has broken through the high point of the March bull market in December. Although it was brought down by Bitcoin, it also shows that the progress of the altcoin season has reached a critical node. Judging from the current market situation, ETH may exceed its historical high before March 2025. By then, other high-quality altcoins may also rise one after another and exceed their historical highs one after another.

After four consecutive days of net outflow, Bitcoin $BTC spot ETF finally started to have net inflow;
From historical data, the amount of net inflow is basically proportional to the increase in Bitcoin;
Currently, the total market value of Bitcoin ETFs has reached 110.479 billion US dollars, and since the approval, the 12 spot ETFs have been in a state of net inflow for most of the time. Since the end of October, the amount of net inflow has continued to set new highs, and Bitcoin has also continued to set new highs during this period, until it broke through 100,000 US dollars in early December.
Judging from this data, Bitcoin will start to fluctuate and rise next; given the current high-level fluctuations of Bitcoin, possible capital outflows, and the bottoming out of the altcoin season index, a group of altcoins will start to rise;
First of all, we should pay attention to the concept of public chains: ETH, SOL, APT, SUI, TIA, and other old public chains such as ADA, TRX, AVAX, DOT, MATIC, NEAR, etc.;
Secondly, we should pay attention to the old mainstream coins: BCH, LTC, XRP, XLM, LINK, DOGE, etc.;
Leading projects in MEME, AI, DeFi and other tracks can also be paid attention to;
Next, the altcoin season will perform. Although altcoins have been weak, it is precisely because they have been weak that it is time to perform.

The market is now holding its breath, waiting for Bitcoin $BTC to break 100,000 USD again;
If it breaks 100,000 USD this time, it will gain the traditional buff of having broken through the resistance level three times, marking the beginning of Bitcoin firmly standing at the 100,000 USD threshold. Next, it will aim for 120,000 USD, and the peak of this halving bull market may be around 200,000 USD; the timing will be in the fourth quarter of 2025.
After the third breakthrough of 100,000, the altcoin season will truly enter the fast lane! #2025加密趋势预测

$BTC Bitcoin's daily line has consecutively hit the lower Bollinger Band three times, forming a strong support level between $92,000 and $93,000; military security is abundant in the short term.
Altcoins have also begun to explode. Over the past few days, I've written three or four times about the altcoin explosion entering an upward channel. Each time, there were more insults and mockery, and many KOLs in the market are bearish, even claiming the bull market is over and Bitcoin will drop to $50,000!
I believe this should be the bottom. Investment is counterintuitive, so being the minority is key to making money!
Continue to be bullish; there may be more rises to see corrections, but when there's a correction, get in! The time for 'a surge beyond your imagination' is getting closer, hold your chips tightly, and don’t be afraid!

$BTC is stagnant or bottoming out, but ETH is leading a group of altcoins to move out of the bottom range; it's like Bitcoin has had enough water and finally flowed out to altcoins, or the alt season is finally here!
The alt season index has continued to fall from 86 to the current 51 since it began to plummet on the 5th. There are also signs of bottoming out in the past two days.
Today is Christmas Eve, and there are still 7 days in 2024. Has the alt season started?

33,461,628,000 Bitcoin sideways, altcoins surged at 90,387,177,189 in the early morning
It is now afternoon in the United States, and Wall Street in New York is active. Taking advantage of Asian retail investors still asleep, it took off directly. When they wake up, should they chase the rise or not?
Of course, one can chase the rise now, but if you missed the bottom yesterday, you cannot leverage to open contracts to chase the rise; feel free to chase in the spot market! Boldly move forward in a bull market.

The current situation of the second dip is that Bitcoin is trying to stick to the bottom, but ETH and altcoins have not followed! $BTC
This indicates that last week's decline has seen most altcoins already drop to their levels, and as long as Bitcoin stabilizes above $92,000, the opportunity for altcoins to perform will begin.
Although traditionally, the market tends to be quiet during Christmas and New Year, this is a halving year, and historically, New Year halving years have been lively.
We are officially entering the season to buy altcoins; this round of decline has filtered the true value in the market for us. Coins that want to perform strongly, such as SUI, BNB, ETH, etc., can be directly entered, and opening a 2-5 times leverage contract is not a problem;
For previously popular coins like DOGE, Pixel, FIL, WLD, UNI, etc., you can also buy spot. The market provides opportunities, so seize them. Don’t worry too much; in a bull market, you can get caught but shouldn't be thrown off the train.

$BTC With the strong rebound last night, the consecutive three-day decline has basically come to an end; this wave of decline saw Bitcoin drop from a high of 108353 to a low of 92232, a decrease of 14.9%; ETH fell from a high of 4107 to a low of 3101, a decrease of 24.4%; Altcoins generally fell by 30% or more: BNB dropped by 22.1%, SOL dropped by 33.7%, SUI dropped by 29.6%, XRP dropped by 32.6%; DOGE fell by 46.1%; PEPE dropped by 49.1%, UNI dropped by 42.2%, FIL dropped by 48%, ATOM dropped by 45.2%; Pixel dropped by 53.1%, PNUT dropped by 63%, WLD dropped by 54%, ORDI dropped by 56.6%; It can be seen that apart from Bitcoin, ETH, and BNB, other coins with contracts opened at 3 times leverage have basically been liquidated! Some new coins with 2 times leverage have also been liquidated! It can be said that the leverage washout is very thorough, so the subsequent rise will be much healthier! As the saying goes, true gold fears no fire, this round of decline is less, all are worth paying attention to for buying later, I have to mention that SUI is really strong, I have written about SUI many times when writing articles, and I will summarize it later and produce a special article, so stay tuned. I know many people have been hurt by this wave of decline, liquidating their positions and taking losses; originally, one-third of the people who voted have already taken losses and run! But this is how bull markets are, the current decline compared to the previous halving bull market is already very mild! Previously, Bitcoin had declines of over 20%, and no altcoin was spared from being halved! So there's no need to worry about whether the bull market is still here, it always is! And don't listen to some people saying discouraging things! Hold on! The days of making profits are not far away! I am not a big shot, just a steadfast person in the bull market, if you are shaken, you can come here for a boost of faith! #加密市场反弹

Bitcoin has fallen sharply for three days, and now the bullets are officially used up, $BTC
Next, I will lie flat, work hard, and eat well! I will live longer than the dog dealer!
Bitcoin fell 15% from its high point, which is exactly the bull market correction range mentioned earlier. The altcoins fell a bit badly, but if they didn’t fall badly, there would be no chance!
I have been lying flat for two years, and I am not afraid of lying flat for another two months! #加密市场回调

This time, Bitcoin led the currency circle to wash the market, which is a normal phenomenon in the halving bull market!
一个月内比特币三次万点大跌，割肉OR抄底？
Looking at the history of the currency circle, especially in each round of Bitcoin's halving bull market, the main force will use various means to carry out extreme washes;

These means include psychological games, news manipulation, technical operations, financial events and macroeconomics, black swan events, and flash crashes and flash surges.

The path is similar: that is, by manipulating the market's emotions and information flow, creating panic, creating expectations and emotional fluctuations, thereby affecting the emotions and decisions of retail investors, forcing retail investors to make wrong judgments in price fluctuations, chasing ups and downs, and the main force to obtain profits at high levels, and then collect more chips at low levels.

It's just that each operation method is changeable and confusing, which makes most retail investors unable to defend themselves. In the end, they still follow their emotions instead of defeating their emotions. This is why it is said that: investment is anti-human! Only a few people can overcome their emotions, so only a few people can make money in this market! $BTC

一个月内比特币三次万点大跌，割肉OR抄底？
The in-depth analysis article has been published!

This time, Bitcoin led the market to fall for three consecutive days, from a high of 108351 to a low of 92232, a drop of 14.8%; ETH fell from a high of 4106 to a low of 3101, a drop of 24.4%; the altcoins basically fell by 40% or halved, and the market was once again in a bloodbath!

Including this drop, Bitcoin has fallen three times by "10,000 points" in December, which has made many retail investors panic;

Looking at yesterday's vote, one-third of retail investors have already cut their losses and run away (as shown below). So why did this happen? Should we cut our losses and run away or bravely buy at the bottom?

Including this drop, in December, Bitcoin has had three major drops of 10,000 points, with the other two occurring on December 5 and December 9.
In just one month, there have been three crashes, causing many cryptocurrency enthusiasts to panic, and some have even cut their losses and fled.
So, let's do a quick poll: are you cutting your losses and running away now, or are you bravely buying the dip?
I can write a detailed analysis tomorrow if I have time, so stay tuned.

The second dip has come, and the second bottom-fishing should follow!
If you don't believe the bull market will continue, it might be better to sell and get back to work!
It's been 8 months since the halving in April, and this time, whether it's the Christmas disaster or Powell's hawkish stance, it won't affect the rhythm of the bull market. Negative news may delay the bull market, but often because it's exploited by the big players, the washout is more thorough, which could actually benefit the height and duration of the bull market!
$BTC

Bitcoin hits a new high and then crashes! Did you buy the dip? Did you cut losses?
Let's create a graphic to simulate the psychology of some retail investors, please don't take it personally!
Step 1: Hesitant during the bottom consolidation and upward phase, afraid to buy!
Step 2: New highs are reached, continuously buying, hearing everyone say the bull market is here, buying more as prices drop!
Step 3: Massive sell-off, questioning life, finally can't hold on anymore, cuts losses and leaves, swearing never to play again!
Step 4: After the sell-off is completed, the price continues to soar, slapping thighs in regret, wishing they hadn't done it! Starts to repeat steps 1, 2, and 3 in various ways!
Disclaimer: This content is purely fictional; any resemblance to real persons or events is purely coincidental! Please do not take it personally and then mobilize the masses to boycott me!

Bitcoin has fallen again by 10,000 points! #市场调整後的机会？
Falling from a high of 108353 to a low of 98802, a drop of 8.8%; ETH fell from a high of 4107 to a low of 3542, a drop of 13.7%; the altcoins basically fell by more than 20%, and the blood flowed like a river!

This is the third big drop in December within a month!

The first time: On the 5th, it just broke 100,000 and then plunged 10,000 points, but the altcoins did not fall much!

The second time: On the 9th, it fell with force, but it collapsed the altcoins in an instant!

The third time: This time, Bitcoin fell again after breaking a new high (this has almost become a rule), and it collapsed the altcoins again in a way of continuous negative decline and rapid decline!

Whether the reason for this decline is the hawkish remarks of Federal Reserve Chairman Powell this morning (delaying/reducing interest rate cuts) or the "Christmas robbery" phenomenon mentioned earlier! They are just inducements!

The fundamental reason is that Bitcoin has risen enough, and there is not enough new money; and after four rounds of halving bull market, the consensus is too strong and it is too difficult to clean up the market. The market has to be repeatedly ravaged in a short period of time to make retail investors give up resistance and hand over their chips. But if you look at the news, you will know that while retail investors hand over their chips, institutions are raising money to buy!

It was said that every time Bitcoin breaks through an important node, it will be confirmed at least 3 times. I thought this time might be an accident, but there was no accident. Bitcoin broke through 100,000 and then fell below 100,000, and it went back and forth three times, but the highs are getting higher and higher, and the lows are getting higher and higher. That is to say, Bitcoin fell three times in a month, but the overall price continued to rise!
From the perspective of liquidation, this time it was about 500 million, far less than the 1.7 billion on the 9th, indicating that the leverage has been almost cleared.
Therefore, this decline is still a wash-out, and it may be the last wash-out before the big rise, and it is also the last chance for retail investors to get on board;
Let me talk about another issue. The performance of altcoins in this bull market is so bad that many people say there is no altcoin season, but I say that the altcoin season is coming, and Bitcoin will soon be full and vomit!
After this decline, not many people in the market dare to publicly call for bottom-fishing, and even say that the bull market is over!
But I have always been clear-cut: the time for bottom-fishing is here, and positions are built in batches! The bull market is still long! Dare to buy if you dare to fall!
It won’t take too long, three months later, you will thank yourself for being brave now!$BTC

The Federal Reserve's interest rate decision has been finalized, with a 25 basis point cut, which was not unexpected;
However, there have indeed been voices calling for a slower pace of rate cuts. The Fed's dot plot indicates that the expected number of rate cuts in 2025 has been reduced from 4 times in September to 2 times this month; The median interest rate expectation has also risen from 3.4% in September to 3.9% this time.
But this is just an expectation, and expectations can change with each meeting. Ultimately, we will have to see how economic data such as CPI, non-farm payrolls, and PCE perform.
Moreover, it was mentioned in the previous article: With 34344172100 taking office, there will definitely be various ways to urge the Federal Reserve to accelerate rate cuts, which is also a major reason widely believed to be favorable for the crypto market when Trump won.
In any case, this rate cut has indeed materialized, which is good news, and we will have to wait until January 20th to see how Comrade Jianguo performs after taking office.
Personally, I believe that the market will mainly trend upward in a volatile manner. The bull market is about to enter the fast lane, please hold on tight and wait for takeoff.

At 3:00 a.m. today (3:00 a.m. tomorrow), the Fed's last meeting in 2024 will be finalized. According to the mainstream market expectation, the interest rate should be cut by 25 basis points;
However, today's decline and the current sideways trading seem to indicate that something is brewing!
1. If the interest rate is cut normally, and Fed Chairman Powell does not say anything unusual, then today's decline is purely for cleaning up the market, and the market will continue to rise next;
2. If there is something unusual, and the interest rate is not cut or Powell is hawkish and says that the interest rate cut will be slowed down later, there may be another wave of decline.
I personally tend to favor the first situation at the moment, so let's wait and see! $BTC