Logic: This wave of bearish sentiment stems from fear of missing out and panic, following a rally of over 50%. Retail investors who missed the initial surge are locking in profits, leaving behind institutions that are still bullish. A small pullback of 4%-5% has made retail investors feel it’s at the top? Waiting for a significant pullback? The only downside is that a considerable number of retail investors are chasing the market at high levels, and even a slight pullback makes them feel like the sky is falling, prompting institutions to shake them out before the next move.
Predicting the top is behavior from the left side, and the current structure hasn’t been broken. The macro environment hasn’t changed; the government, leading institutions, and consortiums are intensifying their efforts to build BTC reserves. Everything is so tense yet orderly.
Therefore, if the left-side topping fails, then now is the last opportunity to get on board.
The above is merely personal speculation; feel free to criticize if you disagree, and come back in a month to verify.
$gorilla is too strong, much stronger than a donkey. No way, I want to change all positions to gorilla 🦍, super invincible big gorilla, can rush to 100m 🛫🛫
A game project produced by a major Japanese company, it looks quite impressive. If GameFi takes off, it could be a hundredfold or even thousandfold token. Tgt is Japan's first AAA game, launched in alpha, listed on exchanges like Mexc, Kucion, Gate, etc., it has a background and prospects, and compared to some previous game tokens on BN, it is in a completely different league. Could it be a dark horse? Recently, there have been many projects from Japan and South Korea, and I feel there is some inclination in policy, whether we can see one or two flagship standards emerge is worth looking forward to, what do you think, brothers?
BTC Market Outlook First comes the battle, then decline, and finally exhaustion. But after three waves, it is the bears that are exhausted!! The 102,000 area has been thoroughly cleared, and an upward angle has already formed. The chances of a breakout have greatly increased, and I am optimistic about Bitcoin reaching new highs. At the same time, BTC.D has once again risen to a secondary high before turning downwards; at that time, altcoins will welcome a small spring. Finally, trapping people at the peak, a daily-level adjustment will be made, entering 2025, and then starting a new round of major market movements.