The market situation in recent days, as we have been repeating in recent days, is a volatile market.
It is difficult to go up, and it is also difficult to fall down.
This cycle is expected to last for some time, and no one knows how long it will last, except the main players.
Once the main force quietly enters the market and completes the position building, the market will quickly reach 110,000.
In the current market, apart from some remarks made by Bob and the decline in the total amount of US dollars, there is basically no bad news.
Overall, the current market situation looks much better than that in May and June.
During that period, which can be said to be a long period of time, the market was in a state of infinite fear, and now the bull market has officially started.
Now it is just a normal correction and fluctuation, making the bottom more solid.
There is absolutely no need to panic.
While retail investors are panicking and hesitant to get on board, whales are now unusually active.
Perhaps we all think that all buying and selling behaviors in the cryptocurrency circle are transparent, especially the buying and selling behaviors of large institutions and big whales.
However, there is a technology in the cryptocurrency circle called privacy transactions. If these whales use privacy transaction technology and cooperate with some institutions to raise funds, it will be difficult to reflect it in the data.
December is coming to an end and we are about to enter 2025.
This year, we will experience a violent bull market, and the madness of the market will exceed our cognitive limits.
No matter how volatile the market is, we must persevere and not give up before dawn.
2，
Bitcoin has been fluctuating within a range. Today, Thirteen has given a clear position within the circle. Everyone can buy high and sell low according to that point.
It is effective until the market falls below or breaks through.
At present, Bitcoin is continuously flowing out of exchanges, and the continuous outflow means that investors have chosen to hoard Bitcoin.
As far as the current market situation is concerned, it has been fluctuating for a while, and those who should cut their losses have basically done so. If the main force wants retail investors to continue to hand over their bloody chips, there must be a sharp drop.
But the current situation is that if the stock price falls sharply, old investors like Shisan may rush in to buy at the bottom, and the cost for the market makers to pull the stock price will be higher at that time.
So from the perspective of the main players, they are not reckless in smashing or pulling up the market, they often seek a balance.
And this balance range is most perfect when it is controlled within the price range of 92,000 to 99,000.
Because the market falls to the 92,000 range, retail investors will not buy at the bottom, because the market predicts that the 90,000 range will go to 87,000.
Retail investors definitely don’t dare to enter the market.
The main force is different, because their capital is relatively large, and their entry position is often in a larger range. For example, now they will enter the market between 90,000 and 110,000.
Enter the market continuously through a very long time scale and price span, and control the rhythm well. If you are not careful, it is easy to cause a pull-up effect.
Therefore, the chips that continue to flow out of Mentougou and Grayscale are the favorite trading targets of these whales.
Retail investors are also affected, of course. However, they have already paid for their shares in the last sharp drop, so there is basically no profit to be made.
The current market can be said to be a game between big investors, and has little to do with retail investors.
3，
It's the weekend again, and with Christmas just ahead, Americans are taking a break as usual.
Since new funds cannot come in, only existing funds are flowing, and the market is not expected to fluctuate too much.
But everyone should be mentally prepared, as the market may suddenly change, exacerbating market panic and causing more blood-stained chips to be trapped.
Don't stare at the numbers in your account. Before the peak of the bull market next year, the rise and fall of these numbers are not important.
When investing in cryptocurrency, the starting point is not important. The most important thing is the end point. The process is not important either.
The more you care about the process, the more you will lose.
The short-term points given by Shisan in the circle are just for entertainment and leisure. Don’t go all in and hold a large position. No one can guarantee what the future market will be like.
Of course, this market is magical. Every time there is a bull market, countless people will say that their accuracy rate is over 90%.
But I've been in this circle for so long, but I've never seen it before.
There once was a contract master who was invincible during the bull market. He dominated the contract market through his internal information resources and unbeatable technical analysis.
He has villas, luxury cars and beautiful women.
When facing Shisan, he no longer had the humility to ask for advice. When they met for a meal, his eyes were on the top of his head, and he consciously or unconsciously regarded himself as the center of attention.
As a result, when the bear market came, the villas, luxury cars and beautiful women were all gone.
He even wanted to borrow tens of thousands of dollars from Thirteen to tide him over, but of course Thirteen would not lend him money.
Remember, don’t lend money to anyone who asks you to borrow money, especially people in the cryptocurrency world.
Basically, it is impossible to return the money to you in a bear market.
In reality, borrowing money is protected by law, but people in the cryptocurrency world are not protected, and they have almost no psychological burden.
Brotherhood and friendship are all bullshit and worthless.
Everyone please remember this.