The most common tactics used by the dealer are 'washing the盘' and 'lifting the盘'.

Washing usually occurs at the bottom, where the dealer creates a short-term rapid decline, generating panic and scaring away unstable retail investors. On the other hand, during the lifting phase, it happens quickly, not giving retail investors a chance to enter, forcing indecisive retail investors to buy at high prices.

If we can see through these tactics of the dealer, maintain our composure during panic at low points, stay rational during the dealer's washing, avoid cutting losses at low points, and not blindly chase high prices during the lifting phase, while having our own fixed trading rhythm and just riding on their coattails to gain a little 'meat from the fish', then we won't be trapped at high points, and the dealer won't be able to do anything with us retail investors.

Bitcoin
● Market Sentiment and Trends: This week, Bitcoin fell from its historical high, dropping more than 10% in three days. Market sentiment has shifted, and bulls have lost control; however, there was a rebound in price on the 21st. Some analysts believe this pullback is typical in a cryptocurrency bull market, with momentum weakening, but long-term trends remain in focus.

Ethereum
● Market Sentiment and Trends: Although Ethereum previously broke through $4,100, it quickly faced selling pressure and retreated. Currently, bullish sentiment remains in the market, with buying activity pushing the price close to $4,000 again. If it breaks through this key resistance level, it could trigger a bullish trend towards the historical high; if it fails to break through, it may consolidate between $3,500 and $4,000.

The recent market conditions, I believe everyone has felt, are really difficult to navigate. Various news impacts have caused the market to be unpredictable and hard to grasp, with sharp fluctuations making it challenging for us investors to make decisions.

Investing is a long-distance race, and sometimes a proper rest is necessary for a better start. We should patiently wait for the market to clarify and for better investment opportunities to arise. With just over ten days left this year, I plan to go out and relax, adjust my state, and gear up for 2025.

SUI's recent price has been very strong, resembling SOL during the last bull market, with many ecological projects in the airdrop phase and significant momentum.
BUCKET Decentralized Stablecoin, comparable to MAKER DAO
ALPHA Yield Aggregator
BLUEFIN Decentralized Contract Trading, comparable to DYDX
SEND Lending Project
HEADAL Staking

Hope to see ETH's rebound in the coming months

BTC.d formed a long upper shadow today, so we need to pay attention to this indicator. Once the second peak of BTC.d is confirmed and starts to turn down, the altcoin season will begin.

Currently, I am only looking at ETH for a simple reason: as the leader of altcoins and the second in the crypto space, if ETH does not reach an ATH, the altcoin season will not happen; it will at most just be a rotation of sectors.

History is always remarkably similar. We have less than 3 months until the first sell-off in 2025, and ETH is likely to see a rebound. This is the final grinding phase for ETH, so don't give up.

Looking back at the trends from January to May 2021, BTC went up and down while setting new highs. After several operations, everyone started to FOMO, and during March to May, as ETH rebounded, altcoins began to celebrate, ultimately leading to the significant drop on May 19.

If history repeats itself, we are likely to see a market similar to that of March to May 2021 between January and March 2025. Be mindful of risks and be cautious about taking profits.

Today's Share: BRC20 Inscriptions

Since the birth of the first BRC20 inscription ORDI on March 8, 2023, it has been over a year and four months of BRC20 development, driving two waves of inscription fervor in 2023. The inscriptions ORDI and SATS have both hit mainstream exchanges, while we look forward to the arrival of the 'Third Spring of Inscriptions' in 2024.

Inscription Culture: Bottom-up, breaking the monopoly of institutions, allowing fair participation for retail investors, and ultimately creating opportunities for a turnaround.
Wealth Effect of Inscriptions: ORDI's ten-thousandfold, SATS's thousandfold increase.

- Security of Inscriptions:
Traditional Coins: Insider trading, pool withdrawal scams, hacker attacks, server shutdowns, and policy risks.
Inscription Coins: Fair minting, free trading, no servers, cannot be attacked, and exist perpetually.

- Value of Inscriptions: Increased miner income, ensured security and stability of the Bitcoin network.
- Narrative of Inscriptions: Strong support from top exchanges, institutions, capital, and industry leaders.

PNUT, NEIRO, ACT: Will they make a comeback like BOME?

Looking at BOME's performance in the first half of the year, the situations of these coins are somewhat similar:

1. Similar decline: BOME dropped 75% from its peak, and BONK even fell 80%, but later rebounded and surpassed its previous high. Even if PNUT and NEIRO can't return to their previous highs, at least doubling from their lows is still possible.

2. Signs of market manipulation: The founders of PNUT and ACT have previously engaged in some controversial operations, but BOME also had similar actions at that time, which were seen as market manipulation. So, this might be one of their manipulation tactics.

3. Potential of the CB roadmap: MOODENG and PNUT have already appeared on the CB roadmap, but the rally hasn't started yet, and market expectations have not been fully released.

However, it is important to note that there may be a second pullback during the rebound process. FUD (fear, uncertainty, and doubt) can be alarming, but it has little impact on the overall trend. The key is to remain rational and not be led astray by the market manipulations.

Do you think these logics are reliable? What are your thoughts on this potential rebound opportunity?

Let's talk about the main reasons for some people's losses in the past few months!

1. BTC went short all the way, resulting in liquidation or severe resistance to orders

2. Full investment in worthless altcoins, getting burned by multiple switches, and stopping losses several times

3. Heavily investing in meme coins, especially some new meme coins, resulting in several waves of 70% losses

Every time there is a crash, the market is filled with wails. This is how the crypto world is, yet it makes retail investors unable to resist, a love-hate relationship. Since we can't live without it, let's embrace it. Life must go on, and we must navigate the crypto world. Let's talk about the three heroes of the crypto world.

1. BTC is focused around 98,000. If it can effectively stabilize there, there is hope for further upward movement, but the probability is not high. There isn't much liquidity over the weekend; if it can't get above that, it will oscillate downwards, with support around 94,000.

2. ETH has seen a significant drop this time, and the futures market has basically cleared out. We are watching around 3,600; I personally feel that Ethereum's upcoming rise will be smoother and more cost-effective.

3. SOL has performed moderately this round; currently, we are focused around 200 to see if it can find an opportunity to rise above.

For other altcoins, we are looking for those with strong rebound momentum. We can gradually position ourselves during pullbacks; Doge, Ena, and Sui are all good options.

Many people complain that mainstream cryptocurrencies have small gains. What I want to say is that mainstream cryptocurrencies would rather take a low leverage to make up for returns than heavily invest in worthless altcoins.

A clear example: the ETH, BNB, SOL, and BGB I bought before, even with this major pullback, are still profitable. If it were worthless altcoins, they would probably still be losing money now.

Mainstream cryptocurrencies have technical support, while worthless altcoins are primarily driven by speculation, with no support whatsoever!

Because worthless altcoins rise from one place and will fall back to where they came from, while mainstream or strong coins rise step by step!

Continuous Rise: The market has recently been on a strong upward trajectory, and this situation may continue if market sentiment remains positive and favorable news persists. Factors such as increased institutional adoption, positive regulatory developments, and growing demand may contribute to further price increases.
Consolidation and Correction: After a significant rise, the market often undergoes a period of consolidation or even slight correction. This may present an opportunity for investors to accumulate products at lower prices before the next wave of increase.
Sharp Decline: Although unlikely, sudden negative events, such as major regulatory crackdowns or significant economic downturns, could lead to a sharp decline in market prices.

Rebound is brewing

1. BTC has just had a slight drop, and ETH and altcoins are starting to avalanche; BTC.D is also rising sharply. This may be the last wave of increase for BTC.D, and next year ETH and altcoins will welcome spring.

2. BTC has certain support around 9500, and ETH has certain support around 3350, both capable of rebounding.

3. BTC usually enters a correction lasting several months with a drop of over 20% after each doubling; from this perspective, the correction is not over yet.

In fact, the general rise of copycats in 2021 was not that big. The rise of several times or even dozens of times was only concentrated in individual tracks, mainly in new public chains, games, metaverse, and MEME. And DEFI was just crazy for a while and then it ended. In the second half of the year, DEFI pretended to be dead. Of course, it does not mean that DeFi has no money-making opportunities, but the big money-making opportunities are in public chains, games, metaverse, and meme.

In the early 2023, the big opportunities for growth were in public chains, AI, and MEME. PEPE was born at that time. Then the hype of metaverse and games has gradually cooled down. Of course, it is not that there are no money-making opportunities.

From the end of 2023 to the beginning of this year, the big opportunities for growth were in AI, public chains, MEME. Remember wif and bonk? They were born at that time. And DeFi, that is, Pendle, rose sharply, and the others performed mediocrely. At this time, the metaverse has passed, and the game has only risen slightly.

This wave we are experiencing now. I don’t need to say more. So in Q1 next year, if a big market is expected, with a big increase without water release, liquidity and market hot money will still be new old chains, AI, and MEME.

Of course, there are also new concept tracks, such as RWA, Depin, etc., such as AI+meme, such as AI+Depin, etc. As for others, there are still opportunities for bands, that's it.

Weak pullback consolidation, revisiting and recovering.

After recovering in the afternoon market, it revisited again and has now entered a consolidation rhythm, without continuing the weak trend, accompanied by signs of recovery.

When a path doesn’t seem to be so smooth, it indicates that the route may be deviating. At this point, it is essential to know to change direction; otherwise, by the time you realize it at the end, you may be deeply trapped.

PNUT Market Insight: The Changing Situation under the Main Force

The PNUT market has been turbulent recently, with mixed feelings. The good news is that the main force is still actively operating in it, and all signs indicate that it seems to be quietly laying out for a subsequent wave of strong pull-ups, which makes many investors look forward to this wealth express.

However, the bad news should not be underestimated. The main force is using the "boiling frog in warm water" strategy to quietly short and close long. They deliberately create a pin market in the market to attract retail investors to follow suit. After each pin, they use a small amount of long orders to support it for a short time, create a false rebound, attract more retail investors to enter the market, and then open shorts and close longs to curb the intention of retail investors to pull the market and gradually clean up the floating chips. Today, the market is fluctuating downward, and prices are falling slightly frequently. Retail investors are miserable and despair is growing.

Judging from the market rhythm, altcoins have begun to show independent trends. In my opinion, after this deep wash in December, altcoins will most likely usher in their highlight moment in January next year - the altcoin season. Although it is painful now, if we can survive the cold winter, we may be able to embrace the warm spring. It all depends on who can hold on to the end.

Rising and falling are normal. If the correction cannot hold, there may be another decline.
Spot finally gives a chance to buy at the bottom. Just buy spot gradually when it goes down. Don’t be afraid to buy spot.
But choosing coins is very important. Only by selling high and buying low can spot products make long-term stable profits. The market will not be good during Christmas. It will either fluctuate or fall. Now it looks the same as before.
So take advantage of this correction opportunity to find a good layout of the coins you are optimistic about.

Some time ago, most people believed that it was a bull market and heavily bet on some sectors, believing that the market's copycat season was about to arrive. When the market had such consistent views, this did not happen. The copycats collectively made some false breakthroughs and recovered.

When the market's views are too consistent, it is also a dangerous signal. This year, the copycats have not risen much overall, and some have even returned to the starting point. On the other hand, the big cakes have continued to reach new highs, and we are still fighting in the stock market.

This market is a huge Shura field. Perhaps only a bloodbath can change the consistency of views, wash people to completely doubt the existence of the bull market, and wash to the limit of everyone's patience. Maybe then it will be a good time.

This round of the bull market is different from previous rounds. In previous bull markets, any coin could soar, but in this round, only Bitcoin is the true champion. Holding a bunch of altcoins, the bull market is already over half, and many people probably haven't broken even yet. But no matter which round of the bull market, holding Bitcoin for the long term can outperform over 95% of altcoins.