In yesterday's market fluctuations, Bitcoin and Ethereum experienced relatively severe pin adjustments. Bitcoin dropped to around 94,200, while Ethereum found support near 3,510. From yesterday's analysis, Ethereum around 3,500 is a very good low-entry zone, especially for investors who have already taken profits around 4,000 or those who did not enter previously and now want to position for Ethereum's upgrade hype next year; this pullback provides a good opportunity. From the high point of around 4,100, the drop has approached 600 points.
Such adjustments after a sharp drop are common phenomena in a bull market, usually accompanied by market panic and short-term greed. Many people always hope to buy at lower prices, but in reality, bottom fishing is always the job of the main force. What we need to do is stick to the established strategy and not be disturbed by short-term market fluctuations. According to the current pace, this adjustment is expected to last until around December 20, when the Federal Reserve and the Bank of Japan will release relevant economic data, and it is anticipated that risk capital will significantly re-enter the market thereafter.
Short-term swing and medium-to-long-term layout strategies
In the coming week, we can adopt short-term swing trading strategies, but more importantly, we should look for medium-to-long-term layout opportunities during the adjustment period. Currently, Bitcoin is around 94,000 and ETH is around 3,500; both price ranges can serve as good buying opportunities. Based on market trends, the hype around Ethereum's upgrade may begin around 3,500, with a target price expected to reach around 7,000, approximately by March next year. The potential returns during this process are significant, so after a short-term pullback, continuing to monitor these areas would be a rational choice.
Market strategy: Rational operation, avoid excessive speculation
In a bull market, not everyone can achieve ideal returns. The key to success lies in having a clear plan and executing it rather than blindly pursuing huge profits. Frequent heavy speculation may occasionally yield big returns, but it often fosters a gambling mentality that will ultimately be devoured by the market. Therefore, during unstable market conditions, especially during major fluctuations, we should avoid investing in highly volatile altcoins and high-leverage contracts, and instead focus our funds on stable mainstream coins such as Bitcoin, ETH, SOL, and BNB. When the market restarts, we can take advantage of the upward trends in altcoins.
Specific layout suggestions
Bitcoin: The price is around 90,000, buy more as it falls. This price range is suitable for medium-to-long-term accumulation, and it is expected that with the market recovery, Bitcoin's upside potential remains considerable.
Ethereum: The price is around 3,500, which is a worthwhile opportunity for layout. After this adjustment, the target price for ETH is expected to be 7,000, suitable for medium-to-long-term holding.
BNB: Continue dollar-cost averaging, target range is $1,400 to $1,800. BNB, as a platform coin, has strong fundamental support and is an asset worth holding long-term.
SOL: Although the price of SOL is nearing 750 dollars, it is still a key coin to pay attention to. In the current market, I prefer to concentrate most of my funds on Bitcoin, Ethereum, and BNB, but Solana also has certain investment potential.
Conclusion
In the current market environment, maintaining patience and executing according to the established investment plan is the wisest strategy. Short-term fluctuations are reflections of opportunity; do not let market emotions sway your decisions. Rational operations will allow for ideal returns in the upcoming market trends.
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Investment carries risks, and the above content is a personal sharing, not investment advice!