The rebound after the sharp drop indicates that it is temporarily stabilized, but this is not a signal to catch the bottom. It is related to PCE data, including institutional predictions that Ethereum's ETF staking may pass, and Trump is once again increasing his stake in ETH. However, the weekend's market ultimately involves retail investors' games. This means that if there is a significant drop, swing capital will naturally intervene, but this intervention cannot last long. For example, today, if BTC's ETF starts trading and there is outflow, the market will still fall into a panic adjustment phase.
Currently, BTC needs fund support to quickly push past the round number. Although MicroStrategy has entered a one-month pause, BlackRock and listed companies are still active. So there's no need to worry about the end of the bull market or prolonged adjustments. On the 23rd-24th, MSTR will officially be included in the Nasdaq 100, and large capital support is also preparing.
Returning to the market, the trend will not be stagnant. The best action at this stage is to wait for right-side trading rather than risk catching the bottom halfway. After all, this week's trend will still depend on ETF data.
The rebound in the past two days can be seen as an opportunity for you to reduce your holdings. Many were confused yesterday about whether to cut losses. The unified thought is, if you didn't reduce your holdings when the price halved, just hold on. If it returns to your cost in the next two days, that's your opportunity to reduce holdings. It's normal to set stop losses for swings; if it hits your stop, don't be too upset, because there will be enough opportunities ahead for you to seize. The market is not frightening because of a sharp drop, but because after a drop, if you don't have capital to operate during the stabilization phase, that's the most terrifying part!
The most important moment in the crypto world is about to arrive! The next six months could change your life!
1. Most cryptocurrencies will bottom out in December, and the most wealth-generating altcoin season is about to arrive!
2. In the last two cycles, altcoins broke historical highs and surged in the 8th month after halving. This cycle corresponds to January 2025. History does not simply repeat itself, but there will definitely be similarities!
3. In the next six months, BTC may rise up to 1x to 200,000, ETH may rise 2-4x to 9,000-15,000, and altcoins generally 5-10x. Prepare to welcome the bubble era!
