The U.S. stock market experienced a correction before opening. I have talked about this market situation many times. I hope everyone can accept it calmly.
If you want to double your money, be prepared for a drop of dozens of points.
The process is not important, the result is the most important.
There is no way. The three major U.S. stock indexes plummeted collectively, leading to the collapse of the cryptocurrency circle. This is indeed normal. Everyone should stop staring at the account funds in the next few days. These are all illusions. The more you look at them, the worse your mentality will be, which will easily lead to distorted operations.
As the market falls, various negative voices will appear collectively. If there are more such negative voices, it means that the main force may be quietly buying at this position.
Usually, before a rally, the market will undergo a deep pullback, shaking out the indecisive investors.
And then it will suddenly surge.
The support level below is the 90,000 mark; the likelihood of breaking this position is low because the market liquidity is not high, and retail investors have pretty much sold off in this wave.
Some say that the big players are not so kind as to let the market drop back and then push it up, giving the weak hands a chance to get in.
Then ask the weak hands around you, do they dare to bottom fish in this downward market?
In fact, this wave looks fierce, but Ethereum and some valuable altcoins have already started to decouple.
The downward momentum of the market is not very high, so everyone doesn't need to worry; the most it will drop is to the 87,000 range, and with our costs around 60,000, we can rest easy.
On the contrary, as the market enters the 90,000-92,000 range, thirteen believes that short positions can be gradually entered, with profit taking at 95,000 and stop loss around 89,000.
The above is for reference only and does not constitute investment advice; please consider carefully.
2,
According to the investment method of thirteen, short-term market conditions do not require too much concern.
Everyone think back to how many times Bitcoin has pulled back from 15,000 to the current 90,000, and how many times fans of thirteen have fallen into despair?
There was even a time when even thirteen's mindset was somewhat affected.
Fortunately, rationality and years of investment experience have triumphed over emotion.
We have held our positions without moving until now, and we have enjoyed this profit from start to finish.
If we panic and let go of our positions, can we catch this wave of big profits? Definitely not.
So when facing short-term market fluctuations, do not panic; focus on the overall trend.
In a depressed economic cycle, every pullback may be a real pullback, and the rise may be a false rise. However, in an economic cycle about to enter quantitative easing, every pullback is a false move, aimed at accumulating momentum for the rise, shaking off the weak hands, and making the vehicle a bit lighter.
If you can broaden your perspective and adjust your mindset, then you can fully establish yourself in the crypto circle and start making money.
3,
How will this bull market unfold?
Thirteen believes that after breaking the 90,000 range, we may once again enter a period of position fluctuations, and after consolidation, a major upward wave will follow. This wave is something we in the thirteen circle must seize.
After the drop, the opportunity for altcoins is obviously greater than that of Bitcoin. This round of market has not yet exploded for altcoins; does that mean this bull market will not explode? Of course not; it will definitely come when the entire market is desperate for altcoins, the altcoin season will arrive.
The last major upward wave is expected to impact the 150,000 range; after this wave ends, it is very likely to be the peak of this bull market.
Of course, many people in the market will tell you that Bitcoin will hit 160,000, 200,000, or even 300,000.
These are all noises, regardless of whether they are poor dad, rich dad, or figures like Ma Yidao or Sun Ge.
We should leave when we need to, without clinging to the last bit of money.
If Bitcoin really reaches 200,000, we will only make a little less profit, but we avoided investment risks.
If thirteen's judgment is correct, the 150,000 range should come in the fourth quarter of 2025, and then enter a consolidation range; this range will be the peak of this bull market.
At that time, the main task of the thirteen circle will be to layout short positions.
Of course, the overall position will not be too large; 20-30% of the position is enough.
By the end of 2025 or early 2026, we will enter a desperate bear market, and the entire market will fall into darkness.
In every round of turning the bear market around, thirteen can find a landmark event, like the last bear market was the announcement of interest rate hikes, and the one before that was when the creator of Litecoin cleared out his holdings at 2000 high.
What will this round be? Is it the exposure of Trump's support for cryptocurrencies or institutions like BlackRock preparing to exit? Both are possible.
We put our real money here, and we must have confidence in our judgments of these macro cycles.
Do not be blind.
Today the market is down, design three should pay attention to the market, that's it, see you tomorrow.
