Market conditions change rapidly, trading is all about the present moment; we sing whatever song corresponds to the mountain we find ourselves on. The price of Bitcoin hasn't changed, but your position has decreased by half. When we encounter extreme market conditions, we must prepare in advance. Currently, we have entered a phase of oscillation and consolidation. This kind of market will delay the previous oscillation rebound followed by pullbacks, until it breaks out of the oscillation range, and only then will our market begin. A relatively fierce upward momentum is expected, but right now it is still within the oscillation range, having just reached the end of the second wave, which is a pullback phase of the second wave. Once the pullback ends, the market will still take off again. Therefore, we expect a two to three-week oscillation at this position, without significant fluctuations. You will see major cryptocurrencies breaking upward past a large price range, with daily increases of 30% to 50% being quite normal. So when we see this kind of market, we already know that the next Bitcoin trend will be oscillatory until it returns above $100,500, showing strength.
Many cryptocurrencies have already experienced a rebound of over 30%, especially within the top one hundred coins. For those platform tokens, there’s no need to participate anymore, as they have already reached the later stage of the second wave. In the third wave, platform tokens are unlikely to perform significantly. First, exclude platform tokens; after removing Bitcoin and Ethereum, there are still about ninety other coins. You should select from these ninety coins. Some friends say, 'Brother Wang, I really can’t pick.' In that case, look at the coins that have risen significantly over the past year. You’ll notice that some coins have already increased by ten to twenty times; you should exclude those. After that, continue to look for coins with large trading volumes and pick about 3-5 coins. That's all for today.