Good afternoon, everyone. Let me share my current opinion.
At present, the altcoin has stopped falling, and there is no more room for it to fall. This situation is the best. The ETH/BTC exchange rate is rising, and the market is also rising. It is expected that after the holidays in the United States this month, the main players will return, and funds will flow back to the altcoin. It is expected that the market will usher in a wave of compensatory gains in January. In January, there will also be funds flowing into the currency circle + Trump's popularity. The market will be very good. The Ethereum upgrade in March will lead the altcoin to accelerate its rise. Seize the February-March of next year.
According to the BTC liquidation chart, many longs can still be liquidated at $90,000. It is estimated that there will be a wave of longs before the general rise. Pay attention to the risks, especially those brothers with high leverage. When it rebounds to around 95,000, you should reduce your positions and empty some positions for risk control.
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