Cryptocurrency bloggers quick pass

1. Top Traders Dove

Sil responded to Dove’s tweet yesterday: In the last 29% of the bull market, most altcoins are rising parabolically, so hold on to them.

Dove replied that he disagreed. Fixing your mind on the idea that "the last 20% of the rise is the most violent" seems stupid to me, almost a lazy way of thinking, just because you greedily want more.

PS: In the later stage, when the doves say they will run away, we must leave the market decisively in order to keep the profits of the bull market.

In addition, the dove said today: the contract order book has stabilized, Goodmoring Lanjiao.

I laughed to death, he is mimicking a guy from Fujian, if I hadn't been to Fujian I really wouldn't understand, the foreigners in the comments are confused.

2. Trader Vivian

Her view remains unchanged: BTC will retrace after piercing 100,000.

The only change is that she now thinks it may not drop below 90,000.

She opened a BTC short position herself, but her contract is meant for her trading fans to see; she mainly guides her investor fans in spot trading.

Additionally, she looks at the retracement, but not as a bear; her view has always been clear: a retracement at the beginning of January, then a major bull market at the end of the month. Layout for spot, do not increase leverage.

3. Trader Blank

He previously opened

$DOGE \Pepe\Bonk long position was closed this morning.

Additionally, he said that Hype looks like it's about to break the downward trend line.

He also said: It looks like we are about to enter another 7-month consolidation period...

PS: A 7-month consolidation is a bit hard to bear, but it consolidated for 8 months last year.

4. Top Trader Game

He believes that Hype and its ecosystem have already bottomed out in the past few days; FARM with a market value of 100 million is very cheap.

About Goat, he said:

GOAT is starting to feel like ETH in terms of sentiment. A major catalyst is needed to reignite the cycle of price and attention. Once this happens, promoters will flock in, and people will start to love it again; a new narrative will be woven to explain the price movement. This catalyst is likely to be an unexpected major exchange listing.

5. Tiafiro

He said at noon today: It seems that the liquidity from before has not yet been obtained, so it may go up again.

This statement has two meanings: one is that BTC still needs to rise to 103,000, and the other is that after going up, it still needs to come down.

6. Wave Theory Liu Yudong

January 7, 2025 Daily Chart

101926 reached, consuming the 0.618 of the black line.

The black line is considered the first part, the red line as the second part. The green point adjustment still needs to continue.

If the price breaks the red dashed line at 103306, it may form a platform or joint shape, and the endpoint of the platform or joint shape does not need to be below the blue point. After the green point adjustment ends, it will rise again to 115794 and 142252.

What he means is: BTC will still retrace, but it doesn't need to fall back to 91,500, it may undergo sideways consolidation.

V. Summary

Although BTC broke 102K yesterday, there is still one more adjustment to go before it can reach 140K.

You still cannot short; looking at the retracement is just to defend against short-term risks, while on a larger time frame, it's all about the bull market.

Specific defensive operations should be chosen according to your own position: set a breakeven stop-loss (spot also can set breakeven sell), reduce contract leverage, take profits on high-profit positions that are fully invested or sell some low-profit positions, etc.

If there are significant unrealized profits or if you are deeply trapped, you can completely avoid taking action.

If you are like me and have no positions, a decline is a chance to build a position, if it really doesn't fall, then enter on the right side. We'll see this week whether there will be a retracement; adjustments do not happen in a day, and the bull market does not end in a day either; there are still plenty of opportunities.

Statement:

The above information is for reference only and is not trading advice; the cryptocurrency market is high risk, participation requires caution.

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