Bitcoin surges, will this round of altcoin season come again?

On November 13, Bitcoin soared to $92,000, and the total market value of cryptocurrencies reached $3.2 trillion, both breaking historical records. This round of market has become a carnival for Bitcoin and meme coins, while altcoins have failed to keep up with the pace of rise.

1️⃣ Reasons for the sluggish performance of altcoins
2️⃣ The logic of the rise of altcoins
3️⃣ Preconditions for the rise of altcoins

https://chainalert.me/view/headline/279fed

To be honest, Bitcoin will rise for 20 days first, and then many people who hold Bitcoin will buy altcoins.

Bitcoin continues to rise, $100,000 is just around the corner
https://chainalert.me/view/headline/550062

However, don't think about it during the rise. This process is like this, Bitcoin will reach $100,000 or $110,000, and altcoins will not be good during this process.

In 2020, Bitcoin broke through the historical high of $20,000 and directly reached more than $45,000. Now it is estimated that it is a bit difficult for Bitcoin to reach $140,000 because of its large market value, but with a discount, it is no problem to reach $100,000.

Coincheck was hacked before, but it is preparing to go public.

Japanese exchange Coincheck is about to land on Nasdaq. Will the Trump administration "give the green light" to more crypto companies for IPO?

https://chainalert.me/view/headline/2cf948

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Here is the link to the Zircuit airdrop, go to register

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https://chainalert.me/airdrop/list/445c92

Why did Pnut surge?

The strongest Alpha in this bull market: Musk effect triggers the rise of DOGE and PNUT

https://chainalert.me/view/headline/87d877

Usual Airdrop

Binance Exchange issued an announcement this afternoon, announcing that it will launch the 61st new coin mining project on Binance Launchpool: decentralized stablecoin protocol Usual (token USUAL). In addition, USUAL will also be listed on Binance's pre-market market.
https://chainalert.me/airdrop/list/0ec341

Usual airdrop tutorial, there may be a second season:
https://gostake.io/airdrops/usual

Similar projects:
1️⃣Ethena:
https://gostake.io/airdrops/ethena

2️⃣Elixir:
https://gostake.io/airdrops/elixir

Navigate airdrop, all the current free Depin projects are finally complete.

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4. Node pay:
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Corn airdrop, I found that this project is very good now.
https://chainalert.me/airdrop/list/c548ea

1️⃣ Deposit UniBTC to get Bedrock and Corn points, but you have to go to Bedrock to register for the airdrop, the tutorial is here
https://gostake.io/airdrops/bedrock

2️⃣ Deposit SolvBTC.BBN to get Solv, Babylon and Corn points, but you have to go to Solv to register for the airdrop, the tutorial is here, please note that you need to stake to get SolvBTC, and then stake to get SolvBTC.BBN, this is a good recommendation.
https://gostake.io/airdrops/solv

3️⃣ Deposit USD0 to get Usua and Cornl airdrops, but you have to go to Bedrock to register for the airdrop, the tutorial is here, this is a stablecoin airdrop, safe.
https://gostake.io/airdrops/usual

4️⃣ Deposit USDa to get Avalon and Corn airdrops, but you have to go to Avalon to register for the airdrop, the tutorial is here, and get USDa
https://gostake.io/airdrops/avalon

5️⃣ Deposit stBTC to get Lorenzo and Babylon, as well as Corn airdrops, but you have to go to lorenzo to register for the airdrop, the tutorial is here, this is a good recommendation.
https://gostake.io/airdrops/lorenzo

Bitwise long-term forecast: Bitcoin price may reach $500,000. I don't know how much Bitcoin will rise, $500,000 is too exaggerated in the short term, but I asked a lot of friends, they plan to switch to some altcoins when Bitcoin stops rising. So we still have to wait until Bitcoin stops rising.

CPI rises push up expectations of interest rate cuts, Bitcoin rises and falls, and Dogecoin soars due to news of Trump's new department.

https://chainalert.me/view/headline/d7eb2d

In life, you still need to be brave and unbiased to try new things, but you can't go all in. For example, I think the current altcoin is a good time in the past 8 years, but you have to control the risks yourself.

https://youtu.be/CsQtQHRkGpE

Bitcoin hits a new high, old news reappears - five years ago, a Hangzhou woman bought Bitcoin and was sent to a mental hospital by her husband

https://chainalert.me/view/headline/47b76c

Consensys CEO Joe Rubin mentioned his views on the future development of ETH. I am actually more optimistic about Ethereum in the bull market. It can be said to be the second most stable currency, but the potential returns are greater than Bitcoin.

Just wait for Bitcoin's market capitalization to fall. It is really high now, 60%.
https://chainalert.me/data/btcd

Trump's election may bring "unprecedented benefits" to Ethereum
https://chainalert.me/view/headline/a3f232

Linea is going to issue a coin in January next year. This project, which has been PUA for so long, announced that it will issue a coin at this time. It is probably because it judges that a big bull market is coming. This is also one of the market signals.

L2 "Linea" launched by MetaMask's parent company plans to issue tokens in Q1 next year

https://chainalert.me/view/headline/c54b26

PEPE, do you guys follow? Anyway, I won’t follow this round. I will buy in the next bear market if there is another famous MEME. This round is not my money, I accept it.

PEPE market value exceeds 10 billion US dollars

https://chainalert.me/view/headline/67e200

X survey:

https://x.com/dwj_eric/status/1856909833217491366

Ethereum funding rate surges to an eight-month high, sending a warning? Four major data reveal the current state of ETH demand

https://chainalert.me/view/headline/5f6494

Good news:

Countdown to Gary Gensler's resignation: Trump hints that he will directly appoint a new SEC chairman through a "recess appointment" to bypass Senate personnel review.

https://chainalert.me/view/headline/79cf46

The CPI data was released, and in line with expectations, Bitcoin hit $91,000.

The U.S. CPI rose 2.6% year-on-year in October, which was expected to rise by 2.6% and the previous value was 2.4%; the U.S. CPI rose 0.2% month-on-month in October, which was expected to rise by 0.2% and the previous value was 0.2%.

https://chainalert.me/quick/news/f40fda

After the release of the U.S. CPI: The probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 75.7%

https://chainalert.me/quick/news/8af8ad

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In order to eat up the longs, the one-sided market may also turn around, but short sellers are even worse off. For example, if you short at 70,000 and it rises to 90,000, and then you eat up the longs at this time and return to 80,000, what will you do? Then continue to rise.

It is estimated that a round of longs has been killed. The number of open contracts has reached the top. This long coin will definitely have a large amount of liquidation. In this case, I will have to hold on for a long time:

OI is already more than 40 billion US dollars, a huge amount!

https://chainalert.me/data/open

It is safer to take those altcoins that have not risen now. Dead pigs are not afraid of boiling water. Let it fall.

Ethena founder: bulls currently need to pay $66 million in funding fees every day

https://chainalert.me/quick/news/cb943c

It seems that many people misunderstood when I posted this.
https://x.com/dwj_eric/status/1855999269725253681

However, I assume everyone has experienced bull and bear markets and still vividly remembers what happened four years ago during the same period.

I indeed do not hold Bitcoin, but I do hold more than a hundred altcoins. If Bitcoin surges and stabilizes, the next show will see funds flowing down rapidly.

The US stocks that haven't risen and have low market value will start to rotate and surge. Altcoins are similar, but there is a prerequisite.

Bitcoin is a barometer; when Bitcoin falls, these altcoins will crash. When Bitcoin rises and stabilizes to a certain extent, liquidity will overflow downwards.

Life is a gamble. I have been hoarding coins for 3 years to fulfill the statement, 'Bitcoin surges, stabilizes, and liquidity overflows downwards.' I have been constantly struggling, and the cost of many coins is below VC costs.

My goal is not to make a small profit; I aim to replicate the achievement of turning 5 million RMB into hundreds of millions of dollars.

Three characteristics of low-level traders:

1) Whether to exit after making money, exit after making money, regret after selling out, and even go back to pick up the money;

2) Trading based on past market trends, without a keen sense of the market. For example, the past few months have been suitable for swing trading, shorting when it goes up and going long when it goes down, and you can make money in half a year. However, when the market changes, from a volatile market to a unilateral market, this group of people will go short and continue to strengthen their judgment.

3) The chips are too concentrated, and they are forced to sell when the market falls. There is no way to survive the trough, and there is no mentality.

So, I think everyone should think about how to sit firmly on the Diaoyutai in this market. Especially KOL, if your level is still in the second state, you should learn a keen sense of smell under long-term market education.