$BTC BTC is still consolidating below $100,000, just like the consolidation below $70,000 in the first half of the year. I believe the result is the same, and it will resume rising in the end. The only difference is that this round of consolidation cannot last for half a year. 😂

There is also a view that the BTC market is very similar to the same period last year. In December 23, it was on the eve of the approval of spot ETFs, and now it is on the eve of Trump taking office as the US President to fulfill his campaign promise. The price trend of the two periods is also very similar. But last year, Bloomberg analysts gave a 90% probability of spot ETF approval, and this year's probability of BTC being included in strategic reserve assets is far lower than last year's ETF.

The number of addresses deposited with BTC in exchanges has dropped to a historical low of 30,000, and the last time it reached this number was in 2016. Compared with the average level of about 90,000 addresses per day in the past decade, the current sharp decline in this number indicates that more and more BTC users have become long-term holders.

With this wave of market adjustments, the trading volume of exchanges where retail investors gather has also dropped sharply. Compared with the previous week, the overall market trading volume has decreased by 64%, forming a huge gap. However, the last few weeks of each year are usually one of the calmest moments in the market. But the big investors have not stopped accumulating, and a group of companies led by Micro Strategy are still buying. Retail investors are handing over their chips, and the big investors are taking the opportunity to collect and accumulate and gradually increase their positions. Low trading volume accompanied by the buying of big investors often indicates that the market has entered a new stage.

Think about the sideways trading six months ago, BTC has risen from 60,000 to 100,000 US dollars in one breath. Isn’t the current sideways trading paving the way for the violent bull market next year?

One of the operational misunderstandings of retail investors is that they often buy high when the market is enthusiastic, and sell at a loss due to panic when the market cools down, resulting in continuous losses. This is why many old leeks often say that they lose more in the bull market than in the bear market. The market always follows the 80/20 rule. Only those who can think in reverse, suppress their emotions and act against human nature, buy when the market is panicking, and sell calmly when the market is frenzy can make themselves the 20% who make money. ✊

#加密市场调整
#交易所余额
#2025有哪些关键叙事？

Cold knowledge: Cryptocurrency speculation itself is not illegal

1. Cryptocurrency speculation itself is not illegal, but issuing coins, opening exchanges, and being a U-merchant are all illegal financial activities.

2. Cryptocurrency speculation has legal risks. If your trading behavior violates public order and good customs, then the relevant civil legal behavior is invalid and you may not be protected by law.

3. Cryptocurrency speculation requires taxation. If you purchase virtual currency from players through the Internet and sell it to others after adding a price, the income obtained is taxable income for personal income tax and should be calculated and paid according to the "property transfer income" item.

4. Cryptocurrency speculation requires safety. You should choose a compliant exchange, avoid contact with black money, protect your privacy and assets, deposit and withdraw funds in batches, trade during the day, and find a commonly used card.

#炒币赚钱了怎么卖U才安全 #交易所余额