Christmas Market Only BTC?
What Happened to Altcoins?
🔴 Current Stage:
High Cost Stage
I mentioned 10 days ago that it's almost impossible to make money in the three stages
📈 BTC.D Trend:
Continuously rising, a blood-sucking market, but need to be cautious
BTC has shown potential volatility warnings, large fluctuations may come
🎯 Upper Target:
Position at 115000. Upon reaching this position
BTC holders may consider taking profits of 5%
🌈 Market Pattern:
Currently, the total market cap of altcoins is stable at 1.56T, BTC's market cap share is increasing.. ETH is weakening
📊 Technical Aspect:
BTC 4-hour chart shows a short-term bearish trend
Only when the 4-hour close falls below 104000
Short-term upward correction will fluctuate
Recent Feelings:
The market has become dull and boring, almost no one can make money
🌐 ETH SOL:
Waiting for trading signals📶, remain patient
💡 Importance of ETH:
Historical experience shows that altcoins surge requires ETH's cooperation
Currently, ETH has not broken through the 21-year high, but we cannot take it for granted. In March 2024, ETH reached 4000 and stopped rising. Trading cannot be one-sided
Altcoin Market Cap Warning:
In the last bull market, altcoins had an average increase of 10-20 times, this round only 2.6 times. Small coins need caution, doubling through clumsy strategies using 0️⃣ cost strategy is the best risk control strategy
🎄 Christmas Market Expectations:
Originally expected to take profits on the 22nd
Now there are changes, need to pay attention to the changes in expectations for tonight's meeting
⚠️ Altcoin Risks:
Currently, altcoins still have a 10%-15% downside potential
Make your own plans in advance