To be honest, regarding the current major trend, I have always been a pessimist and have been waiting for the so-called big drop. However, I also believe that the current price of Bitcoin at 99K is not the peak of this season.

Currently, Bitcoin has been oscillating at a high level for more than half a month after several upward breaks. In the first half of the week, it was all about Bitcoin and opportunities in altcoins. Now the situation is that Bitcoin is stagnating while altcoins are adjusting and rotating; it seems like we have returned to the time period from February to March.

This wave of significant increase started in September, and many altcoins have already multiplied several times, with some even stretching over five times. Particularly, those old zombie coins have risen even more aggressively than shitcoins. I feel that these situations indicate that Bitcoin and other altcoins are starting to rise, and then there will be a pullback.

Firstly, by looking back at past bull market peaks, Bitcoin typically experiences several pullbacks of more than 15% to shake out weak hands. This time, however, such a pullback has been delayed, leading to a significant drop similar to what happened on March 15.

Furthermore, the rotation among altcoins has not yet been fully completed, and the duration of each rotation is usually between one and a half to two months. Currently, counting from November, it has only been a month. Therefore, my prediction is that there might be a significant pullback in mid-December. Before that, everyone should try to select sectors that have not yet undergone a large-scale rotation, or sectors that rotate slowly. For example, WEB3, DEFI, RWA, and AI are a few sectors that everyone can focus on.

After mid-December, those who have made gains can assess the situation and market reactions and attempt to gradually reduce their positions. Slowly reducing holdings can help achieve stable returns.