New year, new atmosphere. Bitcoin has been flowing in since the first day Trump took office, and this wave is testing whether it can break through the 110,000 mark. From the perspective of altcoins, this influx of Bitcoin is very crucial because many spot holders of altcoins have suffered significantly after a large drop. Looking at the sentiment from before the Lunar New Year, many large investors chose to cut their losses before the holiday.

Ethereum has also maintained a bottom line at 3,000. Long Ge believes that there is still profit to be made by bottom-fishing at the 3,000 level, but the stop-loss must be set at 3,000 points. After all, Long Ge mentioned before the New Year that this wave of Ethereum dropping from 4,100 points is a large-scale institution's harvesting, and many contract buyers basically cannot withstand this large drop! However, the market still needs sentiment. Now that Bitcoin is starting to warm up again, it indicates that institutions are beginning to bottom-fish. However, Long Ge does not recommend going long; it is better to wait for the signal of Bitcoin reaching 110,000, as breaking through that level indicates that the entire market is still on an upward trend. The drop is to shake off retail investors and followers! On the first day of the Lunar New Year, Long Ge observed that WIF had a significant rebound. As long as WIF starts with 0.9, one can enter with a small position. Back then, I also mentioned that WIF's cycle dropped from 4.8 to 1, and making a short position would yield great profits in 2024. I didn't hold my short position completely, and now I can take advantage of the rise from 0.9 to 2. Let's see if I can hold on this time!

Wishing everyone good luck and big profits in 2025!