$BTC
What indicators should be used to analyze the upcoming market trends?
Bitcoin starts with eight, completely releasing the market from the previous emo phase. Now we can shout, 'The bull is back, hurry home!' Quickly find your installation package for the Gel Intent, take a look at your position again while the altcoins haven't fully taken off yet. Your holdings are about to break even, it's time to add some more, so that you can show off during the New Year!
Of course, this is just a joke, don't be too FOMO. When the situation isn't right, you still have to retreat. The bull market hasn't ended yet, surprises and unexpected events are still around.
Looking back at previous elections, this type of market situation is inevitable, and there have been several rounds that were even more intense than this one. The biggest foreshadowing of this round is that there hasn't been a target that shoots up like the previous big dog and Shiba Inu yet. This year, Bitcoin breaking 100,000 might not even be legendary; altcoins multiplying by thousands or tens of thousands is the standard for a bull market.
So how should we view the upcoming market situation?
At this position, drawing any lines on Bitcoin is pointless. Focus on the movements of whales and institutions. The war narrative occupies a small part, even if Bitcoin fluctuates at a high level, altcoins will definitely catch up. When the main upward wave ends, the market will signal; as long as you're not too greedy, taking profits halfway up is definitely fine!
Lastly, I want to remind some newcomers who just entered in the past few days, the front of the crypto circle is easier to earn, but for some unscrupulous people, your front is even easier to earn!!!