On Saturday and Sunday, I did some research, which was too optimistic of me. In fact, the bull market that started at the end of 2022, belonging to the trends of 2017 and 2021, has long since ended. It has basically been a wave of trends followed by a wave of severe fluctuations, and currently, we are in a phase of severe fluctuations. The market will not recover quickly, nor will it completely deteriorate. The mid-term elections in March and the outbreak of tech stocks will be similar to the next wave of trends like the one in November.
Therefore, the market during Christmas and January may not be very good; there might be a strong rebound, but before the trend market starts in February, ETH and SOL will still decline. BTC may be around 80,000.
During this period, if you are optimistic and hold coins, March will bring you decent returns. If you are trading contracts, it is advisable to hedge or pull out at high points.
If you are a spot trader, it is recommended to stay away from the screen and bravely increase your position. You will regret not selling everything two weeks ago. After February, you will regret not holding on.
