A few days ago, I mentioned that this wave of mid-term adjustment has not yet ended. The extreme mid-term bottom position for Bitcoin is around 88,000, and for Ethereum, around 2,900. These two positions may not necessarily be reached 100%, but if touched, it will definitely lead to a rapid V-shaped rebound. Conversely, if they cannot be reached, then it is likely that the weak oscillating trend will continue until just before Trump takes office.

The former exchanges space for time, while the latter exchanges time for space!

As for the bull market and altcoin season that everyone is concerned about, the eagle can confidently say that the bull market is still ongoing, and the altcoin season will eventually come. If you lack confidence, you can take a look at this chart for mutual encouragement.

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Important indicators on 2024\12\26

FGI: 79 (less than 10 is the bottom area, greater than 90 is the high area)

MVRV: 2.44 (less than 1 is the bottom area, greater than 3.7 is the high area)

ahr999: 1.90 (less than 0.45 is the bottom buying area, less than 1.2 is the regular investment area, less than 5 is the holding area, greater than 5 is the selling area)

Bitcoin market cap ratio: 56.21 (the smaller the ratio, the greater the risk of a bull top; conversely, the larger the ratio, the greater the possibility of a bear bottom. The last bull top was 42.14)

Bitcoin rainbow chart: Deep green (blue is the bottom buying area, green is the regular investment area, yellow is the holding area, red is the liquidation area)

Bitcoin escape top index: Red line 232040, Green line 46408 (prices above the red line are in the escape top area, below the green line are in the bottom buying area, current price 95440)$BTC #BTC上攻11万？