Clearly telling everyone, the second half of the bull market will rise, probably in mid to late January, with a nearly one-sided increase for 1-2 months, peaking between 120,000 and 150,000.
Yesterday on Christmas Eve, the US stock market operators were quite humane. To let retail investors relax, the Dow Jones, S&P 500, and Nasdaq all rose slightly. Retail investors made money and happily went on vacation. When they return from the holiday, their risk awareness will decrease, and they will give the operators their New Year's fees. It's a win-win situation.
However, one point is that recently the village chief of Dongguo has issued a harsh warning, indicating that they are going to confront the United States in a trade war. The already bad situation is now going to get worse. This year, there will still be a large number of companies going bankrupt. The village's cattle and horses are heavily in debt, and financial investments will definitely decrease. Consumption will continue to downgrade. Everyone should cherish their bullets in the crypto circle and not shoot randomly; once they're gone, it will be difficult to earn offline, as Meituan is already saturated.
I still advise everyone to really learn a bit more; continuous profit is more important than anything else. Don't over-leverage contracts; really.
Currently, BTC had a rebound yesterday due to the rise in US stocks, which is considered a volume contraction bump near the upward trend line around 99,000. The volume is insufficient, and no reversal trend has appeared. It remains in a fluctuating correction pattern. The divergence at the top is severe, and the upward momentum is weakening. Only with true repair indicators and relative balance will there be a sustained explosive one-sided upward trend in the future.
At the four-hour level, the upper pressure is near 99,000, and the lower support is around 95,555 and 92,723. Without an effective breakthrough, there will be a fluctuating decline. You can short at the resistance level of 99,000 with a stop loss. In any case, the market will not start immediately. For altcoins, don't jump in at the slightest rise. Many are still in a bearish pattern. Again, I suggest that if BTC dips down, it should be the last time; everyone should buy the dips for altcoins and hold for a while.
From the 3-day line, it can be seen that the current market is similar to December 2023; this pattern is like seeking a sword from a boat, with the real rise occurring in mid to late January. Moreover, the correction has not ended. It should retrace to the 30-day moving average, around 88,000. Cherish this retracement. Dare to bottom fish and get on board. The future one-sided rise will last for 1-2 months, with BTC prices between 120,000 and 150,000; if higher, let's see as we go. Remember, this is the last opportunity to bottom fish in this wave of the bull market; don't miss it.
It is still a bull market; everyone just needs to buy on the dip.