The October script is applicable up to now.
60,000 has now reached over 90,000.
Two months, 15 posts without shorting.
There will be a big market movement around the Spring Festival!
The market may change, hence I am modifying the script. For my own reference or for fans' reference.
Because if you want to play altcoins or any coin well, BTC must be studied deeply, or more thoroughly, to do well in other coins; otherwise, it’s like seeing flowers in the fog and the moon in the water! A leaf obscures the eye!
It has been a long time since I wrote a detailed article on BTC. I mentioned before that at the beginning of each month, I would write an article about BTC, with a time span measured in months. I have played BTC for these years; that’s how I’ve come, although before I just wrote in my notebook. Now I have a platform and fans. It’s a happy thing. I hope everyone can encourage each other with me. I don’t seek to get rich overnight, but rather stability. Slow growth!
December script, it's almost 2025, I don't know how many old investors know this: every year around the Spring Festival, there will be a particularly big market movement. It’s either mainstream or altcoins. Got it? Why? Because every year during May 1st and National Day, the price of gold can be pushed up, the same principle. I won’t say more about the supply and demand relationship; everyone understands it, right?
December still has two scripts:
Script One. Recently using triangular consolidation to complete indicator repair and restore market confidence.
Overall environment: There are international news suppressing prices or sell-offs!
The pattern is: BTC is currently at the peak of wave 5, having completed a small-scale B wave rebound, which we discussed in our video a few days ago, and then it will drop in C wave. Target price is 90000-85000. After that, there will be a triangular consolidation, followed by a panic sell-off from international profit-taking, quickly bringing the price back to 72500. It will test the previous historical high and then complete the transformation from support to resistance. After this, we will observe the strength and reassess the market.
Collateral effect: Altcoins will still bounce around for a while, but with the emergence of panic selling, there will be a massive slaughter! Wails everywhere!
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Script Two: The triangle remains unchanged. After the pullback, a small-scale test is completed, as it is the profit-taking position of the bulls. However, it will still attract more retail investors to enter! Pushing for higher prices, 100,000-130,000; I can only see 130,000 for now. I have been saying for a year that I will hold all BTC at this price.
Overall environment: As long as Trump is in office, don't expect BTC prices to go back to 20,000 or 30,000. Abandon fantasy and face reality. This is my judgment basis for reducing my position in over 40,000 BTC at 97,500 spot, but I haven’t sold out completely.
The pattern is: the extension of the larger wave 5! Those who can read this article, 99% of them have not experienced more than 2 rounds of bull and bear markets, so they naturally do not understand the power of a bull market. Blindly shorting will inevitably lead to losses in this bull market, and the losses will be even greater in the future. The extended wave 5 will push prices up in small steps, ultimately completing the peak with a crazy acceleration! As shown:
It will be exceptionally torturous, making you think you're at the peak, but in reality: steady and steady, step by step to win! It feels like standing on Mount Tai, overlooking all the mountains, but in fact, you're just at the starting point of Everest!
Effect: Altcoins are ushering in a carnival season. This is also what I’ve recently reminded everyone: the super bull market for altcoins in 2024 has not yet come; it is not yet crazy. It may already be on the way, just not fully felt yet. It’s not fierce enough; the fierce part hasn’t arrived yet. Perhaps the prices of many coins you see now are just the peak of Mount Tai! Yet, they are just the foot of Everest!
The above two scripts will not be modified in the short term. There is no hunting strategy for altcoins, and we will revolve around the two. Recently, I have traded with a coin friend for a month or two, and my feeling can be summed up in two ways:
1. Infiltration type, mostly low-position spots. A large proportion of people are beginners. This is normal, so I will open my little bull trend tracking system for coin friends. In every round of the bull market, it has achieved very good results. I also play spots myself, and my cycle is much larger than yours, measured in months.
Taking DOGE as an example:
2. Short-term contract hunting type:
Like me, doing short-term contracts on the daily line or turning short-term into waves when market sentiment is good, resolving battles within 15 days or understanding intra-day. Of course, I still emphasize that I have tried all left-side and right-side methods, studied various indicators, and mastered various strategies. Since last year, I have turned into leading methods. Doing leading coins for waves or leading coins for intra-day, without touching any miscellaneous coins. Years of market lessons and experiences. For altcoins, leading methods are the only and most efficient methods. Of course, my fans absolutely recognize this method; otherwise, there wouldn’t be so many coins!
Alright, I’ll stop writing here; it’s getting late! I hope this is useful to everyone. If you like it, follow me. We’re almost at 1000 people; we can live chat. I trade alone in the trading room every day; it’s really boring! 😘
