Brothers are eating meat now.

Good evening, everyone. I'd like to share my current market outlook.

Now, Ethereum's trend is obviously better than Bitcoin. Ethereum has been fluctuating for four hours, with a trend of falling with a horizontal trend. At 8 o'clock this morning, it also closed the weekly K, with a positive line, which is better than expected. Bitcoin is still going down. Bitcoin is now more than 93,000, while Ethereum is still above 3,400. Bitcoin is infinitely approaching 92,000, which is much better than expected. I thought Bitcoin would fall like a waterfall and bring down the altcoins. At present, Bitcoin has been slowly falling, while the altcoins are okay and have not moved much. This market is very good, indicating that the funds of the altcoins are still relatively strong and have been holding up. The later altcoin bullish trend will come soon.

Last week was Christmas, and trading in overseas markets was relatively cold, with little trading volume. The overall market was trading sideways. This week, institutions and retail investors will return to work, and the market will soon reverse. Ethereum will definitely have a good increase in the first quarter of next year. You can review the first quarter of 21, which was also the beginning of a bull market. Ethereum rose from more than 800 US dollars in January to more than 4,300, an increase of 390%, almost a four-fold increase. Let's recharge some faith. Next year's Ethereum upgrade will also bring a wave of heat. It is expected that next year's market will be sideways at a high level, and funds will flow to Ethereum and copycats. In February and March next year, as long as everyone can hold on to the coins in their hands, it will not be a problem to double them by 3-5 times.

Live broadcast tomorrow at 9pm on Tuesday, the topics are as follows:

1. Collect the currencies that coin friends want to know about (comment and leave a message)

2. Analysis of the recent trend of the market

3. International financial analysis

4. Sharing of problems of trainees in training

5. Exchange among coin friends

@BTB投研

Yao Qian, the director of the Digital Currency Research Institute of the Central Bank of East Country, once publicly stated that using Bitcoin as currency would undoubtedly be a disaster. However, after his fall from grace, it was discovered that the bribe he received was Bitcoin!

The importance of gold is no longer as significant as digital gold. After comparing the assets of spot gold ETFs with those of Bitcoin ETFs, it was found that Bitcoin ETFs are the fastest-growing ETFs in history. Bitcoin is redefining the investment landscape and challenging the long-standing dominance of gold. We live in a world of new technologies. All physical assets, such as gold, may become unusable. Survival of the fittest is crucial. Previously, mainstream investors doubted that Bitcoin was a Ponzi scheme; now, the financial world is undergoing tremendous changes.

The world's largest stablecoin issuer is expected to exceed $10 billion in net profit in 2024. The CEO of Tether stated in an interview that the company has invested more than half of its net profit this year.
As for Tether, continuously printing USD essentially means continuously purchasing BTC. Currently, BTC is in a correction phase; although it hasn't reached the true mid-cycle bottom, it is not far from this stage's bottom.
There are also many altcoins that are in corresponding bottom areas, and everyone should dare to place buy orders in batches at the bottom. ETH around 3300 has seen significant institutional buying. As long as it continues to fall, institutions will continue to buy. Last week, BlackRock and Fidelity bought 100,000 coins at an average price of around 3375.
The crypto market is rising again, driven by USDT, which is being massively issued again, and institutions and capital are coming in to buy USD. Continuous bottom fishing and rallies are happening. I believe this scene should occur in mid to late January.