The altcoin season is approaching, and here I will unify the answers to a few questions that everyone is concerned about and has been asking me:
1. Bottom fishing opportunity: When it dropped to 92,000 before, I kept urging you to bottom fish and recommended some coins to you, $ZEN, $LPT, $BAT, SOL..... Those who followed have basically made a good profit, and now Bitcoin has returned to 98,000. Next, due to low liquidity, Bitcoin will drop slightly with any negative news, and altcoins will drop as well; that may be another bottom fishing opportunity. But whether it will really drop depends on market sentiment. After New Year's Day, market liquidity will recover, and the new president might bring new speculative opportunities.
2. Trend market: It is highly likely to arrive as expected, as long as there are no major issues in the US economy and no disruptions from Japan; the basic trend market should be fine. Historically, the risk market has performed well within the first hundred days after a new president takes office.
3. Premise of the altcoin season: Bitcoin must maintain an upward trend, and Ethereum must continue to rise significantly to drive altcoins. Especially the performance during weekdays is very important.
4. Don’t be persistent: Whether you bottom-fished before or plan to chase high prices next, you should realize profits in a timely manner as the trend approaches its end to avoid being trapped. If trapped in the first quarter of next year, it may take a long time to break free. Don’t expect to sell at the highest point; luck won’t always be that good, so withdraw when necessary.
5. High growth sectors: In theory, when the altcoin season comes, many projects in various sectors can rise, but the growth rates will differ. Especially for new public chains, MEME, AI, and other sectors. Don’t try to catch the VC coins launched by AnAn at the opening.
In short, the opportunity for altcoins may have come, but pay attention to the performance of Bitcoin and Ethereum, realize profits in a timely manner, don’t chase high prices, and focus on projects in sectors like new public chains, MEME, AI, etc. $BNB $SOL $BTC #币安Alpha公布第6批项目 #“圣诞老人行情”再现 #灰度提交Horizen信托文件 #BinanceLabs投资Usual