Currently, the Bitcoin (BTC) market is in an accumulation phase, creating two potential scenarios: either luring investors to buy the bottom, or preparing to form a real bottom. Based on this situation, here is a reasonable analysis and strategy:

1. BTC and ALT situation

BTC is accumulating: During this phase, the price often moves sideways or fluctuates slightly, without a clear trend. The price is likely to increase sharply or decrease sharply after completing the accumulation.

ALT is no longer falling as deeply as in 2021: Since most altcoins have bottomed out, there is not much room for further decline. The maximum decline for altcoins in the current area is expected to be around 20%-30%, depending on the coin.

Some altcoins have not bottomed yet: Coins that have not reached strong support levels are likely to continue to split in 2 or 3 if BTC corrects further.

2. Reasonable investment strategy

DCA (Dollar-Cost Averaging): For those who intend to buy and accumulate long-term, the current price range of BTC and altcoins is a good opportunity to implement DCA. Dividing the purchase capital into stages helps reduce risks and optimize the average price.

Short-term trading (Long/Short): During this period, focus on short-term trades with low profit margins, instead of trying to catch the top or bottom. Watch for breakout signals when the price moves strongly in one direction.

January and February: Maintain capital to be able to continue to collect more if the market corrects further in early 2025.

3. Year-end market psychology

Large organizations have little intervention: The end of the year is often the time when financial institutions close and withdraw money to fulfill financial obligations, pay salaries and expenses. Therefore, the market is less likely to have major fluctuations from the "big players".

Upside momentum exhausted: Currently, the short-term upside momentum has weakened. The market is in a state of waiting for a more solid foundation, which is expected to form in a downtrend or sideways phase.

4. Year-end advice

Seize the opportunity: For long-term investors, this is a good period to build positions through DCA, especially with BTC and altcoins with good fundamentals.

Take your time: If you're unsure, stay calm and have a plan in place for 2025.

Market Watch: Patiently wait for the market to confirm the trend before making major investment decisions.

Conclude

This is a good time to focus on accumulation rather than short-term profit expectations. The current price range is a good opportunity to build a long-term portfolio, but always keep capital for risk prevention. We can expect clearer changes as we move into 2025.

Wishing you successful investing and getting ready for the next market cycle!