Let me talk about my views on the big market: Trump's trading is completely over, Bitcoin has entered a wide range of fluctuations, and the altcoins will not rise generally. After $BTC stabilizes, the altcoins will rotate in sectors.
1. Trump's trading is completely over:
Yesterday, the US stock market experienced a small fluctuation after Black Thursday. Tesla was the biggest decliner among the top seven technology stocks. There was even a situation where six of the seven technology stocks rose, but Tesla fell.
In addition, Bitcoin has fallen 12% from its high point. Bitcoin and Tesla, two strong Trump trading targets, have fallen, but other technology stocks have performed well, proving that Trump's trading has ended.
If you are in the currency circle and want to buy altcoins such as doge that are strongly related to Musk, I suggest you don't touch it. It is estimated that it is difficult to have a big market.
2. Bitcoin has entered a wide range of fluctuations
I mentioned in the previous two weeks that Bitcoin would fluctuate widely between 92,000 and 105,000.
Bitcoin's highest point reached 108,000, and now it has returned to 95,000, which should be correct at present.
Bitcoin rose too much in November, and there is no emotional stimulus now. Let's see some fluctuations next.
3. The altcoin sector rotates, and there will not be a comprehensive altcoin season
It is difficult for altcoins to rise generally, and the hot sectors will still rotate in the future.
Why? Because the Fed has reduced its balance sheet and interest rate cuts, and there is not much hot money in the market, which can't support a comprehensive altcoin rise.
Those who resisted the decline during this decline and those who are in a hot narrative can focus on adding positions/building positions later.
I think new Defi, Ai meme, and rwa are all objects that can be focused on.