The market is very strong, rising from $16,000 at the beginning of the year to $29,000 today, with almost no major corrections along the way. Some are just sideways adjustments, trading time for space and moving forward in a volatile manner.

The current price is 29,000, which is very close to the 30,000 US dollar mark. It only needs to increase by less than 5 points to break through 30,000.

I don't care when it breaks 3.

Whether it is a breakthrough in the first half of this year or in the second half of the year, in fact, $30,000 will be broken sooner or later.

If it breaks through $30,000 in the first half of 2023, it may take more rounds before it can successfully reach $30,000.

If it breaks through $30,000 in the second half of 2023, it is more likely to directly reach $30,000 after the breakthrough without multiple fluctuations.

Several possibilities after breaking through $30,000

1. Breaking through $30,000 triggered greed in the market, causing a large number of innocent people to frantically chase the rise and buy on leverage at $35,000 and $40,000, resulting in a long deleveraging correction.

2. After breaking through $30,000, the market remained rational, and kept going up and down around $30,000. Even before it successfully reached the peak, a large number of innocent people were disappointed and sold off in the repeated trading.

The market is unpredictable, don't bet in the short term.

In the long run, this is only the first year of the bull market. In the second year of the bull market, the prices of $40,000, $50,000, and $60,000 can be broken one by one, and even the historical highest prices.

But the road is tortuous, and there will be repetitions every time a price level is broken through.

If your goal is a three-year bull market, you will buy at low prices of more than $10,000 or more than $20,000. If your goal is a three-year bull market, this year's more than 70% return is just a side benefit.

If your goal is short-term gains, you may keep guessing blindly at more than 20,000 US dollars, more than 30,000 US dollars, or even 40,000 US dollars, chasing ups and downs, and ultimately get nothing.

Be brave enough to call a halt

This year, I have allocated some small coins with a small position, but I have not successfully allocated a satisfactory share of some small coins. For example, INJ, which is expected to be invested for half a year, was forced to stop at $4 because it rose too fast. If you invest without limit, the more it rises, the more you chase, it is easy to be bitten by Pandora's box and become crazy.

Stay rational and dare to call a halt.

For example, in the three-year bull market of Bitcoin, the prices of US$30,000, US$40,000, and US$60,000 will be broken one by one over time.

The key is that you have the courage to call a halt.

When you reach a certain price, stop buying. Otherwise, all rationality in your brain will be gradually lost and dominated by irrationality.

The rational brain is active, not passive.