The Big One is Coming!
Attention!
Recently, the price of Bitcoin has been steadily rising. Although the daily increases are not significant, the pace is stable and constantly setting new highs. Currently, it is less than 1% away from the important threshold of 100,000.
Despite many bearish voices in the market, predicting a significant correction ahead, I believe the market is more likely to maintain high-level fluctuations in the short term. Therefore, I do not recommend anyone to short easily, as some have been trapped due to poor timing in shorting, even facing the risk of liquidation.
On the other hand, Ethereum is also starting to make a push upwards. I expect Ethereum to catch up, reaching at least around 3,500 points, or even higher. As we mentioned before, the strength and weakness of the market are not constant; what you perceive as weakness may just be temporary. Currently, Ethereum is in a rising phase, with the primary target being 3,500 points, and the higher target being 3,700 points.
In terms of spot holdings, XRP, ENA, Floki, MKR, Troy, Doge, and WIF are all seeing good gains. Meme has already taken off; which sector will be next?
You should know that most retail investors find it difficult to make profits in a bull market, and the chances are even more scarce compared to a bear market. Even though the crypto space is full of opportunities, improper operations can only leave you as a bystander. Leave professional matters to professionals, comment 111 in the comment section.