In the later stages of a bull market, do not talk about patterns, do not talk about faith,
Good afternoon, brothers. The market has dropped now, and saying this might make many think I'm just saying it after the fact. At the beginning of the month during my live broadcast, I always talked about this topic with my brothers. Many people are looking forward to the altcoin season, but Bitcoin is already at 100,000 and altcoins are still the same old nonsense. What’s the difference between buying in and buying Bitcoin at 100,000? If Bitcoin doesn't rise, how can altcoins rise? Many are expecting Trump to come to power and create a wave, but that’s all a matter for January. We don't even know what the price will be in January, yet we talk about faith and patterns. So, brothers, talking about faith and patterns in the later stages of a bull market is definitely the biggest pest; it can be deadly. I've always emphasized to my brothers to take a bite and run, never to have a pattern. I advised my brothers to start positioning short-term strategies at 110,000. It's just a little bit off, not regrettable. At least it's better than trying to catch the bottom in the spot market. The market rises and falls; it cannot keep rising, nor can it keep falling. The bull market lasted from the beginning of last year until the end of this year. You are still expecting a big bull, still expecting the bull market to last until the first half of 2025. Who has a clear answer? All those are just guesses fueling faith.
Every live broadcast, there are brothers asking if this altcoin can be bottomed out. Are there any positions in the spot market at the end of the bull market? Even if you do it, it’s a swing trade, the kind where you run away immediately if the trend is not right. How many people have tried to catch the bottom these days? Almost halfway up,
It’s normal for the market to bounce back after a drop. Currently, Bitcoin is only undergoing a daily level correction, with key support still at 94137. As long as it doesn't break this level, it’s fine. Wait for the opportunity for the daily line to surge to 101227. There is a chance for a high surge; otherwise, you can give up any fantasies. If it breaks 94137 again, it will plunge to around 90286. When it gets near this level, check the strength of the rebound. If it’s weak, it will probe around 85589. Consider the possibility of a second surge after probing these two levels. For the hard support on the weekly and monthly levels: 3167.3038. If the weekly closing falls below these two levels, there’s no need to consider it in the short term; it will be very difficult to rise again. Those of you with positions, pay attention to these two hard support levels.
Finally, I wish all my brothers can earn gold daily, and every order must profit. Brothers, join me tonight at 20:30 for a live broadcast on Binance Square, let’s chat about #加密市场回调 #市场调整後的机会? .