Everyone is waiting for a date, which is January 10th. There are only two results whether the SEC can pass it. One is approval, and the other is extension. So whether it is approval or extension, depending on the market trend, the possibility of extension is also possible. , then our team leader will boldly predict what impact the two results will have on the market.
First, if the ETF passes the market, it will reach another high point, which is probably between 48,000 and 52,000. When it reaches this high point, it may form an inflection point for long and short variables, and start a downward correction.
Second, if the ETF is postponed, I guess the pie will fall by 30 points, and the approximate position will be between 28,000-32,000. Even if the result is postponed, it does not rule out the temptation to increase the price before the result is announced, and push the bulls. Put your head on it
This year’s pie has increased by more than 50% without a decent correction. The cut in pie production was probably in May. In history, there will be a sharp correction before every halving. The callback is for the last time to clean up the long positions and profit floating chips. It is clean, and the correction is also to make more room for growth for the coming of the bull market. The violent washout makes everyone afraid to get on the bus, and then there will be a wave of violent rise. The probability of breaking through the previous high in 2024 is very high.
Regardless of whether the pie falls from the current position of 43,000 or 50,000, if the pie drops by 30 points, many altcoins will fall by 1-2 times, which will be a good opportunity to enter the market. , if there is an expected sharp correction and the promising project reaches your expected price, buy boldly. This may be the best and last opportunity to get on board.
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