The answer is very simple: I have spent a lot of time researching the market, every day, 3 to 5 hours, continuously for many years, enough to accumulate KNOWLEDGE, EXPERIENCE, and INSIGHT.
This helps me stand firm against every storm of the market, no matter how harsh it is.
Follow me regularly, and you will clearly grasp the movements of the market. No groups, no calls – all just practical knowledge, so you can survive for a long time in this harsh investment world.
On the last day of 2024, I would like to send my best wishes to all of you. This will be my final BTC analysis of the year, and I hope to receive your support and sharing.
Looking back, there were criticisms and praises, but fortunately, BTC still held the 92k mark. I will analyze 4 important levels so that everyone can easily visualize and prepare mentally:
1. Best Case Scenario: BTC breaks the 100k mark tonight If BTC can increase by more than 6k to exceed the 100k threshold. This would not only bring euphoria to BTC but also pave the way for Alts to explode. Once achieved, you won’t have to "suffer" anymore. 😁
2. Fairly Stable Scenario: Liquidation sweep down to 88k Although not ideal, it would bring balance to the market, creating opportunities for BTC to have a strong rebound in 2025. However, those trading futures might be in trouble. In this scenario, Alts will need more time to shine.
3. Bad Scenario: BTC stays around the current price range If BTC continues to maintain a sideways trend, this will be a rather negative signal. To pull liquidity, BTC will have to hold the price by shifting capital from Alts, leading to a localized market bleed.
4. Worst Case Scenario: BTC breaks the 85k mark The 85k mark will be the final barricade, although the probability of BTC dropping to this point is low. At that time, the entire market will witness a horrific drop. Those who hold may still endure, but with margin and futures, it’s highly likely to burn out completely.
Regardless, crypto is always a place of risk, so a plan for all scenarios is necessary. See you all next year. 😊
It's unfortunate for those who have accidentally gotten involved with this asset, but I think it’s necessary to share clearly. Currently, the number of newbies entering the market is relatively low, and Market Makers (MM) are taking the opportunity to create a 'playground' by pushing the prices of various coins to attract liquidity.
For Usual, I warned you when the price was still at $1.3, advising against jumping in. However, now that the price has fallen to $0.88, the situation is even more serious. This coin is in the distribution phase, and the likelihood is that the price will continue to decline significantly.
Below is the Deposit and Withdraw table on the E network, combined with price movements, to support my assessment. I hope you have a more objective perspective before making a decision.
Only a day left until the end of 2024. $BTC is still in a sideways movement with no specific signs to determine the next steps.
On the other hand, ETH and most Alts are forming a triangle pattern waiting for BTC's confirmation before breaking out. The signs to identify are:
1. Forming a triangle pattern with at least 2 peaks and bottoms on each side. 2. Trading volume gradually decreasing as it approaches the peak of the triangle.
Currently, we just need that confirmation, guys. Waiting is happiness 😘
I wish you guys had read my article earlier, you wouldn't have jumped to the top of $GMT . My condolences to those who entered the area above 0.18 and congratulations to those who didn't participate, didn't FOMO the top coin growth.
However, don't worry too much. For any coin that is "pushed", I will always be here as a "fence" to prevent you from rushing into the swamp.
For me, if the NFP is below 0.26, that’s a signal to enter the market. Below 0.23, it would be even more ideal. But the big question right now is: is there any chance to reach that threshold?
The current answer is still 50/50. BTC is in a state of indecision, not really confirming a trend. NFP, being the "descendant", of course has to follow the "elder BTC", so at this moment, all assessments still need more time to clarify.
Nevertheless, I have already prepared a plan for both scenarios – whether it goes up or down, I’m not worried. The important thing is to maintain a stable mindset and stick to the strategy that has been set.
What about you guys? For you, what price level is the ideal entry point? Share for everyone to refer to! 🚀
This is a sincere reminder for everyone: avoid FOMO on the coins that are at the top right now! Whether playing SPOT or LONG/SHORT, it’s very easy to get 'wrecked' if you can't keep a cool head.
This season is no different from the previous ones; big players often focus on pumping low-cap coins, creating fake liquidity to lure in newcomers, and then ruthlessly dumping their holdings. Chasing peaks at this moment is like standing on the roof of a 5-6 story building; just one fall means 'losing the holiday,' let alone talking about an uptrend season!
In short, hold your wallet tight, keep a cool head, and absolutely do not FOMO. You won't know when you'll get caught 😅
Including today, there are only 4 days left until the end of the month and the year. This is a sensitive time, because if the Bitcoin price closes around the current level, it may form a pin bar pattern similar to April 2021. At that time, BTC dropped as much as 55.58% from its peak to the nearest trough – a scenario no one wants to repeat.
However, there is still a bright spot worth hoping for. In early January 2025, Mr. Donald Trump will officially take office. With a similar interest as Elon Musk, we have reason to believe that this could be promising for the market.
For now, stay calm, wait, and observe before deciding on the next course of action. Be cautious but do not lose hope – that is the best way to prepare for any scenario.
This buying point was identified from the previous wave in the 3rd and 4th quarters of 2023. Currently, it seems that OP is trending back to these price levels.
In terms of fundamental analysis (FA), OP remains one of the leading projects in the Layer 2 space, maintaining its position. Regarding technical analysis (TA), the current price level is considered quite attractive. If the price is below 1.8, that is a reasonable level to accumulate more, and if it falls below 1.3, it is almost an opportunity that cannot be missed. However, in the current context, being "reasonable" is already good enough, isn't it? 😁
DCA may continue to be reasonable. There is no need to rush, but it wouldn't be wise to miss out on an opportunity when the market is providing a good entry point. 😉
After approaching the 100k mark, BTC is currently correcting and seems to want to retest old support zones. The likelihood of breaking the 92k threshold does not seem too high at this moment.
In the short term, in the next two H4 candles, the possibility of a pin bar candle appearing is quite large. With this scenario, I plan to try a small order to catch the future bottom, mainly to feel the market, with a stop-loss level of about 1% of the account.
In the medium term, from my personal perspective, the best scenario is for BTC to close the monthly and yearly candles above the 105k mark. Regarding altcoins, there are currently not enough signals to draw clear conclusions, so further monitoring is needed before taking action.
Everyone should consider carefully and avoid going all-in on future orders.
At the end of the year, there is a collection of holidays when liquidity will not be high, so killing long/short positions is not feasible.
This week, let's just focus on resting because there is a high chance it will be sideways within these two ranges this week and next week. We'll see what happens if we break a boundary, but we have Trung here, so there's no need to worry 😊😊😊
Rest, release stress tonight and head out to see what the Christmas atmosphere is like, just go guys. Joyfully accepting what we have is true happiness 😘
After a week full of tension with the market this week, we can finally take a break for the holidays. BTC will not decrease anymore, hitting this 94k will lead it to rise again, but at a slower pace.
Tuesday, Wednesday, and Thursday will be holidays for the West, which will not create pressure on the market, so we can rest easy about that. As for Friday, there might still be the aftereffects of the holidays, so no strong fluctuations expected.
For now, let's relax, feel assured with this market as I'm here to support you. Take a breather 😘
It seemed that after the massive fud related to Sam Bankman's FTT token, the community lost faith in Solana, but who could have predicted the unexpected? Now it has increased 32 times since that fud.
I still remember that incident; that rude broccoli head took so much of my money, which is frustrating, but it created an opportunity for SOL under 10u, and who knows if anyone could hold on to it 😅
Both were developed by a team that used to work at #Meta but now the two are very different.
APT was praised in the early stages but now the CEO has left after making a fortune, SUI was heavily criticized but now it is rising strongly and is looking for its peak.
As I advised in the previous post, I recommend that you all should not catch the bottom of this stock, and now it has decreased more than 40% from its peak 😅
So what about now? It is still not advisable to buy in, it is very likely that it is in a distribution phase, so catching a falling knife at this moment is just harming yourself.
Yesterday was a busy day so I couldn't update the situation for everyone frequently. It seems that BTC is approaching the 100k mark faster than expected.
Currently, OI (Open Interest) has decreased to nearly the lowest level of the month, and the act of killing Long/Short seems somewhat pointless, so I assess that it is highly likely that BTC will not experience any significant fluctuations in the next few days.
Therefore, in my opinion, BTC will fluctuate around the 92k mark. What we need to do is go outside to relax and enjoy this weekend 😁
Newbies must be very eager to hold this asset after the spectacular rise recently, but FOMO right now will be a grave, cutting off the chance to reach the top of this trend.
The price is now too high to catch the dip, and there isn't enough basis to go short on futures, so it's best to stay away 😊
BLOOD EXPERIENCE FOR THE BROTHERS IN THE UP TREND SEASON 🎁🎁 🎁
The UP TREND season of this cycle $BTC is running and is currently ongoing; it's just that the market remains particularly difficult, especially for newcomers. I have compiled the following notes that will be especially helpful:
1. NO FOMO Don’t chase after purchases when the price is too high; most coins will be driven by MM (Market Maker). Do you think you’re getting a good deal? No, you are just providing liquidity for the MMs.
2. RISK MANAGEMENT Don’t put all your eggs in one basket. Always set a stop loss, clearly define your take profit points. Trading is trading, holding is holding—do not confuse the two.
3. MONEY NOT IN THE BANK IS NOT YOURS Restrain greed, brothers; knowing enough is true happiness. Take profits in parts to reduce greed and avoid FOMO.
4. LEARN, LEARN MORE, LEARN FOREVER This is the most important part, never stop, brothers; if not this season, then the next— the market will still be there😁 Follow me, no joining groups, no fees; I will share lessons learned from the market over many years.