#比特币盘整分析
Is the market really at its peak?
Firstly, David insists that the market has not yet reached its peak, and his opinion remains unchanged.
Secondly, a large-scale trend market is formed by the gradual development from a small scale to a large scale rise through mutual cooperation. To destroy this trend, it must be dismantled step by step. The current level of pullback is just oscillation.
Thirdly, in a large-scale trend market, the probability of an A-top appearing is extremely low, with only a 1% chance. We only need to consider one key issue: the main funds are purchasing Bitcoin at low levels with the aim of selling at high levels, and if an A-top forms, it will inevitably have an adverse impact on the selling price of the main funds. Therefore, in the absence of a black swan event, the probability of an A-top appearing is almost zero.
David has previously mentioned that when MEME pulls back, it is the time for everything to revive. Now I want to emphasize that the movements of a giant whale are enough to nourish the entire market.
Through observations over the past few days, we can more confidently conclude that after Bitcoin establishes an independent trend market, the market has entered a bull market process from various aspects such as capital flow and investor sentiment.
In a bull market process, the vast majority of altcoins will initiate independent trends, although there will be differences in rhythm and order.
Unless there is a large-scale adjustment after a collective peak, it will not closely follow the overall market trend as in a bear market, meaning it won’t result in Bitcoin dropping by 1% while altcoins drop by 10%.
For altcoins, those that have risen significantly will follow the drop during Bitcoin's pullback; while those that have risen less or are just starting will perform stronger than Bitcoin during the pullback.
Observing the performance of L2 can give a slight insight into the overall situation.
Summary: A pullback in a bull market is a great opportunity to get on board. By accurately grasping the main line and locking in a promising track, one can reap regular profits; and the altcoin season is truly a crazy period that can create enormous wealth!
If you want to seize this bull market, learning and selling on the fly will definitely be too late; it’s best to have someone guide you quickly.
I am David, welcome to communicate!