Recently, Bitcoin has broken through $100,000, and various news is emerging in the market.
Seeing Bitcoin rise to $100,000 while my own account is still in the red, if it hadn't risen, it would be fine, but some coins are performing well, and the ones I hold haven't increased, making me increasingly anxious.
Rebalancing? Frequent rebalancing previously led to an inability to stabilize profits across multiple coins.
Not rebalancing? Yet worried that well-performing coins will continue to rise while the coins I hold are unable to recover.
Of course, the biggest concern is still that Bitcoin may have a slight correction, while other coins may drop significantly, and the coins I hold have not risen. If they continue to fall, won't that lead to major losses again?
Just like the future market, I'm unsure whether Bitcoin will significantly drop at $100,000, unclear on how to operate now, and don't know which coins are at a high that should be sold and which coins at a low can be boldly positioned.
The upcoming market will definitely be differentiated; I've been emphasizing this since 2023, this round of the bull market is a differentiated market.
If you chase a coin that is rising well, it may have already peaked. You could get trapped at the top of that coin's bull market while watching other coins rise.
Just like those previous sectors, inscriptions and AI were so hot, now 9 out of 10 people have coins from those sectors, but what about now?
Every step ahead, every decision, and every choice is incredibly important; otherwise, it will only be like before, missing out.
Choose correctly, make big money; choose incorrectly, lose big money.
Will Bitcoin experience a significant correction now?
I believe there will be a demand for a short-term market correction, but the extent should not be too large, as the buying power below is very strong.
Currently, the issuance of stablecoins such as USDT and USDC is continuously increasing, with a total market value surpassing $190 billion, setting a new historical high.
In just November, $15 billion was printed, indicating a large influx of new funds into the market.
Bitcoin spot ETFs are continuously seeing net inflows, combined with the leverage effect of MSTR, all of these are driving Bitcoin prices to continually set new highs.
Wall Street capital is the main driving force, as most Bitcoin holdings currently belong to American Wall Street capital, which will promote this matter from a profit perspective.
Dark horse SAND skyrockets by 70%, with trading volume reaching $1.91 billion, surpassing market giants.
SAND is the token supporting the metaverse platform The Sandbox. In the past 24 hours, SAND's price has experienced significant growth, soaring by up to 70%, with the current trading price at $0.83.
During this period, the price fluctuated greatly, with a low of $0.51 and a high of $0.84 within 24 hours.
It is worth noting that trading volume surged by 650% during this period, strongly indicating the market's huge buying interest and active trading activities for this asset.
If bullish momentum strengthens, SAND may rise to that peak and reclaim it. Conversely, if bullish sentiment weakens and selling pressure increases, the price of SAND tokens may drop towards the support level of $0.56, invalidating this bullish outlook.
Musk's company has accepted 'Dogecoin payments'.
Recently, Dogecoin designer Doge Designer, who has been frequently interacting with Musk on Twitter, posted: 'Musk's Boring Company accepts Dogecoin payments; you can book a ride and pay with Dogecoin.'
After the news broke, Dogecoin skyrocketed, but on Monday the price fell back, possibly related to whales taking profits.
According to on-chain tracking organization Whale Alert's data on Sunday, a dormant address containing 740,283 Dogecoins, worth about $320,091, was activated after 10.9 years.