A new journey begins on Monday, maintaining a calm mindset is of utmost importance.
ETC is currently in a downtrend channel, don't be discouraged, its potential for upward movement is estimated to fluctuate in the range of 28 to 29.
If you expect to enter the market safely to build a position, the 21 range may be an ideal choice, and I am patiently waiting for this excellent opportunity.
The daily chart of ARB seems to be struggling between the 0.77 and 0.8 range, with a weak rebound. The 2/1 support line of the Gann matrix acts like a hidden guiding marker.
As long as the actual price does not break through this line, we need to remain calm and hold a bearish attitude.
For building a position, 0.65 USD, this is the 3/1 position of the Gann matrix, which is an excellent choice.
In the daily chart of TIA, the period from the 12th to the 20th seems to quietly outline a low point, constrained by the 4/1 line of the Gann matrix.
However, it is important to note that the Nine Turns of the Universe indicator has shown signs, and a rebound is about to unfold.
Now is the right time for spot positioning, building a position in batches at the current price, and remember to add positions at the two points of 4.3 USD and 4.6 USD, together welcoming the hopeful light of the rebound.
Looking closely at these three pictures, we can find that the overall performance of VC coins launched this year is mediocre, and they basically follow a similar development trajectory - VCs take the lead in organizing the project, the project party prepares the project framework, large investors inject TVL (total locked value), digital currency exchanges ensure liquidity, and finally distribute chips to retail investors who believe in the project story.
Are many projects just satisfied with completing the listing and then stop?
We are currently in a bull market, but this is not a good situation for the altcoin market.
The poor performance of the secondary market will naturally make it more difficult for the primary market to continue to invest funds, which will further have a negative impact on project valuations and secondary expectations, and then cause various fields and tracks closely related to the secondary market to continue to be sluggish.
Therefore, in this round of market, retail investors feel that it is increasingly difficult to make money, mainly due to the following two factors:
First, tokens such as infrastructure have difficulty reproducing the myth of super-high growth of 500 times;
Second, most altcoins have inherent defects in the token structure;
Third, there are more attractive investment areas outside the market, so why should investors struggle in the altcoin market?
The current cryptocurrency bull market is expected to peak around the third or fourth quarter of 2025.
Since the bear market low of $15,487 in November 2022, the price of Bitcoin has surged over 573%, and as of now, its price increase this year has reached 130%.
The current bull market trend demonstrates strong institutional demand, primarily driven by ETF and spot accumulation.
Based on historical data, we are currently in the mid-cycle phase, meaning that after the halving event in April 2024, the market is likely to peak around the third to fourth quarter of 2025, approximately 450 days after the halving.
Given the continuous inflow of institutional capital, even if price adjustments occur in 2025, their magnitude will likely be relatively mild.
Historically, the years following a halving event tend to experience the strongest rebound trends.
It is estimated that by mid-2025, Bitcoin's minimum price is projected to be around $145,000, and under favorable market conditions, its price could potentially rise to $200,000.
Last year, when communicating with friends, we surprisingly proposed a common insight: this round of the bull market has bid farewell to the wild phase from 2016 to 2017, where profits could be gained merely by impulse without deep thinking. The pace of profits has clearly slowed down, and 2024 to 2025 may be the last opportunity for ordinary investors to achieve a comeback in this field.
Today, while reading an article, I found that the author's views on certain key points coincided with mine. Here are some excerpts of his views:
Firstly, the fourth quarter of 2024 marks the beginning of a new round of the cryptocurrency bull market, with the peak of the bull market expected to occur in the fourth quarter of 2025, when the price of Bitcoin will reach a high of $160,000 to $220,000.
Secondly, this bull market is highly likely to be the last super cycle with significant beta increases for Bitcoin, and also the last wild-style development cycle; however, opportunities for hundredfold alpha returns still exist.
Thirdly, after the bull market peaks in the next 12 to 18 months, the cryptocurrency industry will enter a long winter period, similar to the burst of the internet bubble from 2000 to 2001, and will undergo industry reshuffling and structural reorganization.
Fourthly, a significant indicator of the peak of the cryptocurrency bubble will be the globally renowned Bitcoin critic Warren Buffett changing his stance, beginning to support and even personally participate in the industry.
Overall, my viewpoint is slightly more optimistic than his; after all, everyone has a unique understanding and judgment of the overall cycle's changing trends and strategies for capturing opportunities.
Of course, it is also possible that both my understanding and his may have deviations.
Among these cryptocurrencies, the decline of DOGE (Dogecoin) is relatively moderate, and the operators have taken the opportunity to absorb some chips.
If the closing price at 4 PM can successfully remain above 0.437, then attention should be paid to the resistance levels above, which are key points such as 0.448 to 0.466 and 0.481.
If it fails to stay above this level, the support levels below, such as 0.423, 0.407, and 0.392, are worth paying attention to. Consider buying on dips at these support levels and holding until next month's positive news arrives.
A new week has begun. After Bitcoin successfully broke through the 100,000 US dollar mark last week, the market entered a horizontal consolidation phase.
This high-level sideways market has made trading operations extremely difficult.
After two days of sideways trading over the weekend, there was another "pin-in" phenomenon of violent ups and downs this morning, which made investors a little overwhelmed.
From the current daily line pattern, the overall trend is still in an upward trend. In this market, it is more appropriate to open orders and trade near the daily support level and wait patiently for the opportunity to enter the market, and once the market trend changes abnormally, you must leave the market decisively.
As for Bitcoin (BTC), its current four-hour support level has been broken again. After touching the daily support level of 98177, the small-level market began to rebound.
The upper rebound pressure level first focuses on 100,000 points. It takes at least four hours of closing to break through this price again, and the rebound strength will be enhanced.
The target pressure levels above are 102000, 103723 and 104545.
Pay attention to the second and third pressure levels when placing orders.
If the four-hour line cannot stand at 100,000 points, continue to look bearish on the callback. The daily support level below is 98177. Once it falls below 98177, you need to pay attention to 97390 and 96431, which may be "pin-insertion" positions.
If you want to adopt a stable bearish strategy, you need to wait until tomorrow's daily line successfully falls below 98177 before considering it.
In recent days, SOL has shown a bearish trend, pulling back to the middle band of the 2-day Bollinger Bands last night, and its daily level adjustment seems to have a further upgrade tendency, likely to retrace towards the 212 to 200 points range to seek support.
However, in the early hours, the BTC market made a decision to break upwards, and this move clarified the direction for SOL.
Today, a green cross star appeared at the 3-day line, indicating an impending trend change with an upward direction, and the right-side market is about to open. Recent resistance levels are at 247 and 257.
If it can successfully stand above 247, then a deep V reversal pattern will appear on the daily chart, and if it can successfully break 257, it will lay a solid foundation for a push towards the 300 points level.
These two levels are particularly critical in the recent breakout situation.
After eight years of cryptocurrency trading, the insights have been distilled into eight sentences:
First, if there is a significant drop in the morning, consider buying; if there is a significant rise, it is suitable to sell;
Second, do not blindly chase in during a significant rise in the afternoon, and if there is a significant drop in the afternoon, consider buying the next day;
Third, do not rush to cut losses if there is a big drop in the morning, and when the market is flat, it is advisable to rest and recharge;
Fourth, do not sell unless the price has risen to a certain level, do not buy unless it has dropped to an appropriate price, and do not trade when the market is sideways;
Fifth, prefer to buy coins in a bearish market and choose coins in a bullish market when selling;
Sixth, those who dare to go against the mainstream market trend can achieve extraordinary results;
Seventh, when the price is consolidating at high and low levels, one must patiently wait for the market to clarify further;
Eighth, when there is a rebound after a period of consolidation at a high level, be sure to seize the opportunity and sell decisively.
【Key Points】Bull Market Sector Rotation: A Comprehensive Analysis of Size Dimensions
In a typical bull market, the rotation of funds follows a specific pattern: first focusing on BTC, then shifting to ETH and public chains / L2, followed by the hot sectors of the time, extending to Web3 infrastructure, GameFi, NFT, then meme coins and various niche cryptocurrencies, and finally, the bull market comes to an end.
However, in this current market cycle, both the overall environment and the rotation sequence have undergone significant changes, with meme coins becoming the core battleground in the first round of the market.
When a specific cryptocurrency successfully tests the buying power, emotional conditions, and other factors in the current market, the backers of other coins in that sector may not be able to hold back, likely triggering an upward trend.
Today, the storage and wallet sector has also started to rise, although its increase is somewhat less impressive compared to other popular sectors.
So, are there still sectors that have not yet caught up with this wave of market movement?
Will there be opportunities for a round of rotational catch-up?
For example, will the SocialFi sector welcome its moment of glory?
Recently, the surge of altcoins has been quite fierce, and I guess everyone is feeling a bit bewildered.
Watching your account balance grow day by day can be quite exciting, but this mindset isn't actually good for us when it comes to trading.
Why do I say this?
Because it means that when you trade, your focus is on your account situation rather than on the market trends themselves.
That's right, don't doubt it; in real trading, what we should focus on is the market trends themselves, and those numbers in your account have little to do with it.
This might sound different from what we usually think, quite unconventional, but those skilled and experienced traders all adopt this mindset when trading.
If you keep staring at your account, it's easy to be influenced by whether you're making a profit or a loss, and then your original intention for trading can be disturbed. In the end, even your observation and operations in the entire market can be negatively affected.
Those experienced traders, they focus wholeheartedly on the rhythm of the market itself. For them, when to buy and when to sell is not a dilemma, and why is that?
Because the market will tell you through various signs.
You should know that the market's ups and downs have nothing to do with the profit or loss targets you set in your mind.
Only by putting aside those stubborn thoughts and unrealistic notions can you truly feel the rhythm of the market and achieve what is called "zero vector trading."
So, if some friends feel that their mindset isn't good when trading, I suggest you hide or fold your account balance. Most exchange apps have this feature.
We need to focus our attention on the rhythm of the trends, not just keep staring at the account. You should operate according to whether the trend is bullish or bearish, whether it is strong or weak, and once you do this, you'll find that making a profit will come naturally.
Bitcoin has been hovering and fluctuating below 100,000 USD for about ten days.
At this moment, it is gradually forming a high-level triangular oscillation pattern, from which two highly probable oscillation trends can be predicted.
If the first trend appears, then this oscillation period is nearing its end, and the market is about to break through the current pattern and choose a new direction.
If the second trend occurs, the oscillation structure will continue to change, with 91,500 USD as a solid support point, followed by an upward trend.
Indeed, aside from these, there are also many other possibilities such as the third and fourth trends, but this requires gradual inference of future oscillation scenarios based on the passage of time.
The baseline support level is at 86,000 USD. If the price breaks through this support level, the situation will become quite serious, and at least the current good upward trend will be difficult to maintain.
As Bitcoin is caught in high-level fluctuations, it constructs an oscillation structure to exchange time for space, while Ethereum steps up to stabilize the situation, and many strong altcoins also surge significantly.
This state is undoubtedly a typical scene of a bull market. What we need to do now is capture those market trends we can understand thoroughly, firmly grasp opportunities, and patiently await the market's final verification.
The recent surge in XRP, which started during the election period, now seems quite reasonable in hindsight.
If the election results in Trump’s victory, it is highly likely that he will dismiss Gary.
As the chairman of the SEC, Gary has taken extremely tough and targeted actions against XRP during his tenure. Once he steps down, the biggest obstacle facing XRP will be removed, and its potential for growth will be unlocked.
However, since entering the cryptocurrency space in 2018, I have never made a profit on XRP, which has subconsciously led me to develop a resistance to it.
Nonetheless, there is nothing to regret, after all, that wealth never belonged to me. Even if time could be reversed, I might still refrain from purchasing XRP due to inherent biases.
The only thing that needs deep reflection at this moment is that when significant events are about to happen, the way to think about issues should be deeper and more forward-looking.
Behind the surge in Bitcoin prices: the potential risk of the United States harvesting and the response of Country Z
Recently, the trading price of Bitcoin in the United States has skyrocketed to $90,000 per coin, and its total market value has reached $1.8 trillion. Behind such a rapid price increase and huge market value, one cannot help but suspect that this may be a secret method carefully planned by the United States to secretly harvest global wealth with the help of Bitcoin. Faced with this potential financial risk, we should remain highly vigilant and alert. In Country Z, Bitcoin transactions have always been under a strict regulatory framework and are still defined as illegal in the country. In view of this, Country Z must not open up public market transactions of Bitcoin, and any form of private transactions must be severely cracked down on to prevent the disorderly spread of Bitcoin transactions in China and maintain national financial order and security and stability.
Short-term small-band trading strategy and key points of mentality control
In the short-term small-band trading situation, if you are always overly worried about the risk of falling, you will often rush to take profit too early. Once you see the price continue to rise after taking profit, you will easily fall into anxiety. At this time, you must remain calm and follow the following points:
1. Entry strategy
If you have the time conditions to watch the market in real time, you should look for low-point entry within the range formed by the intraday lowest point and the historical highest point to carry out ultra-short and quick-win transactions. Specifically, it is to explore short-term long entry opportunities on the lower track of the 1-hour chart and the middle and lower tracks of the 4-hour chart. If you think this operation is cumbersome and complicated, you can directly wait for the next low-long entry opportunity of the next band. It is most appropriate to operate 1-2 orders per day, because new low-long trading opportunities will emerge every 12 hours. If the frequency of entry is too high, it is necessary to make a quick decision, because this transaction is carried out within the range of the lowest and highest points of the day, the amplitude is relatively limited, and the profit is also limited. Once the price leaves this range, it is very likely to fall into the dilemma of being trapped.
2. Stop profit and retain tail position strategy When the market is in a state of sideways fluctuation or slow decline, that is, when it is not in a continuous downward trend, for low long orders, we should gradually develop a good habit of taking profits in batches and retaining tail positions. Under normal circumstances, this tail position can retain 10-15% of the position; If the market performance is excellent, after each small band reaches the stop profit target, the tail position can be retained 20%. The purpose of retaining the tail position is to prevent the price from continuing to rise after exceeding the stop profit target, or to be able to chase high when it rebounds to a new high, so as to effectively avoid the market after the full profit is taken too early, or the embarrassing situation of being trapped for a short time due to direct current price rush. In most conventional market conditions, as long as the tail of the market is replenished near the next support level, it will basically not have a significant impact on the average cost price, and it is easy to realize floating profits during the rebound. In order to avoid the risk of continuous decline, it is necessary to set a capital-protecting stop loss in time for the tail of each band, and adopt a floating stop profit strategy.
Bitcoin is currently approaching the key price level of 100,000, and a considerable number of long and short positions have accumulated in the market recently.
If the price of Bitcoin experiences a significant surge and rises to 109,000, then the short side will suffer heavy losses, with an estimated 2.8 billion in short positions likely to be liquidated;
On the other hand, if the price of Bitcoin experiences a sharp drop and suddenly falls to 88,000, the long side will be in serious trouble, with approximately 4 billion in long positions expected to be liquidated.
This means that just tonight, as long as those behind the scenes who control the market direction take a major action, whether it's a significant surge or a sharp drop, either the long side or the short side will inevitably face a complete rout.
Now, let's consider this from a different perspective; if you were in the short position, facing such a situation, what choice would you make?
I have always maintained the view that only with Ethereum performing strongly can altcoins usher in a bull market.
Just today, Bitcoin surged with great momentum, and the price continued to climb, almost breaking through the crucial threshold of 100,000 US dollars. This breakthrough happened faster than I had anticipated, and Bitcoin's rapid increase has left many friends feeling anxious.
I originally expected to wait until Bitcoin broke through 100,000 US dollars before the market would show a reversal.
I didn't expect the reversal to come today; Ethereum had seemed suppressed for too long, and the energy it has released now is certainly not small!
Bitcoin, Ethereum, Duotou momentum is ready to reunite
——Key market data broadcast on November 22:
On-chain data clearly shows that the selling pressure faced by BTC is showing a downward trend, while the selling pressure on ETH has increased. However, the tray power is increasing, and ETF capital inflows are significant.
The energy of Bitcoin and Ethereum is accumulating again and is expected to be released before the 23rd.
Bitcoin, Ethereum and Yuechi Cangliang have always maintained a consolidation pattern at high levels.
$BTC Bitcoin related data: Short-term support is locked at 97671; Short-term pressure level determined 99028; Medium-term support is at 97077; The mid-term pressure level is set to 99961.
$ETH Ethereum related data: Short-term support level defined at 3296; The short-term pressure level is clear 3385; Medium-term support is 3228; The medium-term pressure level reaches 3421.
A big reveal of crypto market data on November 21: Bitcoin BTC leads the way, where will the altcoins go?
On the cryptocurrency market stage on November 21, BTC still has the halo of the protagonist tightly wrapped around it, shining alone like a bright star. As for the altcoin camp, although the situation is not optimistic, it is by no means dark, and there is still a glimmer of hope.
A detailed analysis of today's market data shows that the expansion of market capitalization, the increase in market share, and the increase in trading volume are all centered around BTC.
In this round of price increases, ETH has managed to hold its ground, and its market share has not fallen significantly, barely maintaining the current situation.
Green zone: shows a high probability of rebound or enters a sideways consolidation trend.
Red zone: There is a high possibility of decline or a high frequency of sideways movement.
As for the overall trend of BTC today, it is likely to show a trend of peaking and falling after a surge.
Among them, the peak time point may appear during the US trading session, and the bottom price may be formed in the time period before the closing of the early morning. It can be paid attention to whether it will impact the key point of 990.
This point will become an important reference mark for judging the strength of the market trend. Investors need to pay close attention to market dynamics and changes in order to adjust investment strategies in time.
The German government's decision to sell 50,000 BTC previously now seems quite regrettable.
At that time, they chose to sell when the BTC price was at 53,000, and since then BTC has soared, increasing by as much as 85%. If they had held onto these BTC until now, they could have made an additional profit of 2.1 billion dollars.
I can imagine the German government must be feeling very regretful at this moment, filled with frustration and unwillingness, possibly even exhibiting signs of pounding their chest and sighing in resentment.