When the price of coins rises, they don't buy; when it pulls back, they still don't buy. BTC has pulled back 15% from its high to its low this time, while altcoins have pulled back about 40%. Still not buying during the sale?

Some people say they will wait for a 50% crash to $50,000 to buy. If it gets to half price, then it's directly bearish, and there's no point in playing anymore. Many newcomers have not experienced cycles and have no concept of them. It's not surprising to have this thought; without going through tough times, one cannot mature.

The crypto market is harsher than any other market. However, many people only like to see several times, a dozen times, or even hundreds of times increases, while ignoring the repeated crashes.

This time you all have seen it; altcoins are this exciting, and contracts are even more like a meat grinder; many people no longer have chances.

Years of hard-earned savings, and some even borrow to enter the market, all got liquidated through contracts during these days.

Next, BTC will soon return to above $100,000, but when you look back at altcoins, they'll still be lying on the ground.

Following the decline and not the rise, altcoins have always been this way. Among over 30,000 coins in 2024, only 42 have outperformed BTC. Do you think you can pick one out of a thousand and still hold a heavy position?

Those who want to bottom out ultimately miss the chance, and those who want to top out ultimately get trapped at the top. The famous Godfish says so.

Godfish believes that arbitrage operations have the lowest difficulty, requiring only basic addition and subtraction skills. Bottom fishing requires a certain grasp of position management and emotions. Heavy positions after selling require high mental resilience, while topping requires comprehensive analysis of various factors such as fundamentals, macroeconomics, and group sentiment.

Leveraged trading is the most difficult due to its amplification of volatility and reduction of survival rates, requiring mastery of various trading skills.

Godfish stated that after years of trading, he no longer expects to top out but has only learned how to catch the fall. You see, Godfish says he only learned how to catch the fall, meaning that since BTC's birth, buying at any price level up to now has been correct; BTC has never trapped anyone.

In essence, retail investors always think BTC is expensive at $100,000, but institutions are still buying, buying, buying.

Looking at this adjustment, since the Federal Reserve announced its interest rate decision on December 18, Bitcoin has fallen more than 10%. Despite the Fed's rate cut, Chairman Powell's tough comments about slowing the pace of rate cuts and modifying inflation forecasts have put pressure on risk assets.

However, so far, the adjustment seems orderly, and there are no signs of panic in trading volume, indicating potential buying activity on dips.

This week, BlackRock purchased another $1.5 billion in BTC. Apart from BlackRock, all other ETFs net sold $785 million in BTC this week, while BlackRock bought it all up.

BlackRock has officially updated its Bitcoin ETF data. As of December 19, IBIT's holdings reached 553,464 BTC, with a market value touching $53,401,161,556.

Not only is BlackRock buying, but many listed companies also did not stop at the $100,000 mark this month. For example, these two companies below.

In the image above, one is a mining company that produces BTC but still feels it's not enough and needs to buy from the secondary market. They know the production costs of BTC best.

If they believe the pullback can reach lower prices, they naturally wouldn't buy at $97,000. Clearly, a pullback to $50,000 is out of the question.

It's highly likely that prices below $90,000 won't be seen again. It's clear that it's a reversal to pick up people. Missing out at this stage means missing the entire bull market in 2025; missing out is much worse than making a wrong move.