In the context of a widespread market decline after Christmas, the cryptocurrency market has seen a positive trend of whales transferring stablecoins to exchanges, according to Santiment. Historical data shows that the fourth quarter is usually a strong performance period for Bitcoin and altcoins, which aligns with the market cycle.

We are currently in a cooling period, which is common after halving events (such as the upcoming halving in 2024). Looking back at the halvings in 2012, 2016, and 2020, Bitcoin experienced significant rebounds in the following years. Additionally, external factors such as global liquidity and government policies can also impact the market.

With Janet Yellen recently announcing that the U.S. will reach its debt ceiling in mid-January, there may be more money printing and quantitative easing measures, creating a favorable environment for assets like Bitcoin.

Before the price of SOL increased, if one did not understand the fundamentals of the project in advance or failed to judge its upward trend when it was around ten to twenty dollars through market trends, how could one predict its future?

This round of SOL's price surged from a low of $8 to $260, and everyone praised its performance, believing it to be better than Ethereum, but did you foresee its rise in advance, or did you only consider it excellent after seeing it go up?

If it is considered excellent just because it has already risen, then the failure to seize the opportunity earlier indicates a lack of judgment, and how can one grasp future trends?

Many people believe that SOL will continue to perform well in the future due to its significant price increase, thinking that the bull market will be led by SOL. Therefore, whenever there is a dip or adjustment, many people are buying SOL, feeling that it still has a lot of room for growth.

This phenomenon of blindly following the trend is due to a lack of understanding.

Just because it has risen, does it mean it will continue to rise? Where is this logic? If that were the case, Bitcoin would not have fallen from $69,000 to $15,487 in the last bull market but would have continued to rise.

According to the fan-shaped principle, breaking below the first upward trend line is a signal.

This is why, although a new high was reached later, the increase was very small.

It fell below the second upward trend line again two weeks ago.

If breaking below the first line is a warning sign, then what does breaking below the second line mean?

Combining with the second chart: volume-price divergence, MACD line-bar divergence.

This is not a divergence on the daily or 4-hour charts; it is a divergence on the weekly level.

Recently, the whale activity of Dogecoin (DOGE) has been increasing, attracting widespread attention from investors. In the past 24 hours, the value of large transactions in Dogecoin has surged significantly, exceeding $23 billion, with an increase of up to 40%.

This phenomenon usually indicates a rebound in confidence among institutional investors and high-net-worth individuals, while also providing strong support for a significant breakthrough in Dogecoin's future price.

If the historical pattern continues in the current cycle, the price of DOGE may break through the unprecedented $20 barrier.

As of December 29, 2024, the trading price of Dogecoin is approximately $0.324, having slightly increased by 2.5% in the last 24 hours. This slight increase indicates that the investor sentiment in the market is relatively cautious, but there is still potential for growth.