Bitcoin hit a high of 90,000 and then fell back, and the market sentiment was crazy;
The market experienced a correction yesterday, but Bitcoin did not fall much, but the altcoin returned to its original position. This is the current market. The rise of BTC has nothing to do with you, but the correction definitely has something to do with you. Bitcoin had a small-scale correction, and the altcoins went into decline directly, with basically a drop of more than 5%. It was all red again. When you thought your altcoin was about to make back your investment, the rise came to an abrupt halt!
The bull market is born in pessimism, grows in doubt, matures in optimism, and leaves in excitement. Look at what stage the entire market is in now?
I suggest that everyone abandon the operating habits of the previous 8 months of shock wash, and now follow the trend and integrate into the bull market operating environment. Trump’s victory is only the first step, taking office is the second step, and accepting the promise is the third step. In addition, the official launch of the interest rate cut cycle means that this position is definitely not the top, otherwise why are those institutions still buying stocks frantically?
From the pullback last night, we can see that BTC and DOGE are the main players, followed by other memes. Every pullback shows which one is stronger. Some memes such as pnut neiro act pepe bonk are new highs, and some are V-reversals. Pullbacks are the best opportunities to get on board.
In a bull market, you must remember that every pullback is the best opportunity to get on board, but remember not to increase leverage or open contracts blindly. First, ensure the safety of your principal, and then make money.
The CPI data will be released at 9:30 tonight, please pay attention to the fluctuations in the market!
DOGE surge leads Meme to open a new era:
The SEC will undergo a major reshuffle after Trump takes office, and the Ethereum collateralized ETF should be available soon. However, Ethereum's secondary trend is still weak, and the ETH/BTC exchange rate has fallen below 0.038. I expect that Ethereum will only make an effort to catch up after BTC enters an upward platform period. However, with the possibility of the approval of SOL XRP DOGE and other copycat ETFs, Ethereum's moat will become weaker and weaker.
At this stage, we can no longer regard Ethereum as a stable crypto asset like Bitcoin. Its leading position is facing challenges. We can only regard it as one of the ordinary mainstream public chains.
The real big winner is DOGE:
I have said before that this coin is the biggest beneficiary after Trump came to power. It also has several big benefits, such as Musk's own son, the Trump administration's new DOGE department, ETF, and the narrative that meme is king. In the future, it may also open up global payments. The most important thing is that DOGE has an unparalleled narrative of persistence. Dogecoin was born in 2013 and has a stronger consensus than ETH. Musk will mention it frequently later. Unlike other coins that are trying to piggyback on Musk, he really likes DOGE. This advantage determines that DOGE has the possibility of hitting 100 billion.
In each round of crypto bull and bear cycle, the time window for really making money is often concentrated within 1-3 months.
In the early stage of the bull market: there are many market opportunities, a high tolerance rate, and a large room for growth. You need to be more decisive and take larger positions.
Mid-term bull market: Need to remain prudent and reasonably control positions to prevent large positions from being trapped;
Late bull market: Always be alert to risk signals, keep a clear head, and exit decisively to lock in profits and avoid pullbacks.
The worst market right now is the common copycats on CEX:
Another big concern in the market now is that BTC may collapse at any time. Once it collapses, the altcoins will be bloodbathed. Therefore, the market has not favored the altcoins. In fact, there is still insufficient incremental capital. External big capital only recognizes Bitcoin, and small investors in the circle only play on the chain. CEX altcoins, as the middle part, are destined to become the big losers in this round. They can only passively wait for capital rotation and cannot actively participate in the game. Therefore, we have also seen a huge difference in the market. BTC has become so powerful, but the altcoins are still lying at the bottom!
How do you win? If you don’t buy in fear and tremble when the market is falling, how can you win?
Trading is anti-human!
After the market reaches its peak and fluctuates within a range, altcoins will begin to perform. Hold on to the low-priced altcoins.
This is the end of the article. If you like it, please follow and like it~
In the crypto industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle so that everyone can keep each other warm and maintain insight. If you are alone, looking around and finding no one, it is actually very difficult to persist in this industry.
If you want to keep warm together or have any questions, welcome to join us - Official Account: Youbizhiqingnian
Thank you for reading. If you like it, please like and follow us. See you next time!
