Minus thirteen degrees, a preacher of spot investment in the cryptocurrency circle, updates high-quality original articles daily in the square. Thank you for following, every fan who follows Thirteen can receive Thirteen's new book 'Mastering Cryptocurrency'.

Previously led fans to lay out Bitcoin starting from 15000, 40 for SOL, 1700 for Ethereum, as well as BNB/TON/UNI/LINK/POL...
Encouraged everyone to continue holding Bitcoin and other valuable coins during the most confused and difficult times.
Does not recommend everyone to go all in on contracts, only suggests trying with 10% of the position.
Does not recommend investing in first-tier coins, does not recommend heavily investing in meme coins.

You may miss many surging markets, but as long as you follow Thirteen, you will survive, and now the profits have multiplied many times.
Thirteen's painful lessons bought with money remind oneself that there is an invisible hand manipulating the market behind the cryptocurrency circle, most people will lose money, and only a very few will make money.

Is it really hard to make money in the cryptocurrency circle?
Ethereum, it has risen. I previously recommended Ethereum multiple times in articles, and was criticized harshly, but now it has returned, hasn’t it?
Dogecoin, I had already advised everyone to lay out this coin earlier, once Trump is elected, Dogecoin will surely take off. What’s heartwarming is that a few friends in the group thanked me today; you should thank yourself, you put in the effort, and it’s time for you to make money.
SOL, this coin needs no more explanation, it is a key strategic coin for our community; if you don’t have it, find out why.
BNB, similarly, Thirteen feels embarrassed to say it.
TON, previously reminded everyone to enter around 4, and now the returns are good; if you are short-term, take profits at 5.5, long-term just hold until next year when we feast together.
LINK, UNI are also expected to explode soon.

Is it hard to make money in the cryptocurrency circle? Every day, watching whether the contracts we have are making more profit than in the past few days? There’s no need to worry.
This is the benefit of long-term investors and trend investors; I can earn money while lying down. But this requires a strong conviction about future trends. If Thirteen, like some friends, panicked during the downturn, leading everyone to fear and cutting losses at low points, then the current prosperity has nothing to do with us.

This is just small fry; the real bull market has not yet begun.

Generally speaking, when the market is declining, there will be many negative news in the market.
However, this round is different; the market seems somewhat divided.
From a technical analysis and data analysis perspective, the market is bearish.
Technically, the upward trend has been broken, and in terms of data, Bitcoin continues to flow into exchanges for sale, with ETFs also experiencing outflows for three consecutive days...
All of this suggests that the market may continue to decline.
However, from the news perspective, there is all positive news; apart from Old Powell's previous speech, it is almost impossible to find negative news in the market.
After serious research, I found that in the current market environment, it is quite difficult to find significant negative news.
This wave of decline is more likely a sell-the-news reaction following Trump's election as president.
After this huge positive news materialized, the market experienced a month-long rise, and good news turned into bad news.
Next, with Trump officially taking office, a new round of positive news will play out again.
At this stage, the market certainly needs retail investors to panic, rather than allowing them to remain as confident as I am; otherwise, the correction has not yet occurred.
The interests of major players and retail investors are opposed.
When retail investors are frantically buying at high prices, the main players often quietly sell; the opposite is also true.
If retail investors believe that the bull market is over, it may just mean the bull is grazing.
When the crazy bull market of 2025 arrives, and retail investors are frantically buying, the booming market might just be a momentary flash.
We must grasp the timing of taking profits, and I will remind everyone in the circle at that time, so please stay tuned.

The current greed and fear index is 70.
This should, in principle, not yet have reached the goals of the market makers for washing the plates.
After all, many retail investors are still resisting, but there is only one week left until 2025, and the market is about to show a direction.
No matter how much the market drops, it is all short-term behavior. I hope everyone holds onto their spot assets firmly and does not be overly fearful.
We are currently in a bull market cycle, just experiencing a pullback and correction after the rise.
The coins we hold are all valuable coins, and they are spot assets, so there is no need to worry at all.
If you have cash positions, you can enter the market after every significant drop, regardless of the price level or time.
Everyone knows that Shisan generally does not lead people to trade contracts.
Many people in this circle have become so-called experts by moving around, whether their accuracy is good or not is another matter, but this kind of atmosphere is not very good.
Contracts are high-risk investment behaviors after all; using strategies without one's own judgment logic carries very high risks.
In the past few months, Shisan has been using Ant Warehouse to experiment with some investment theories.
Every order must have sufficient reasons to support it, rather than speaking randomly about technical support, data support, market sentiment support, and so on.
The long and short ratios you see in the market often do not differ much.
Can you say that those who short have better technical skills than those who long? Of course not; this still requires luck.
When every bear market arrives, all retail investors in the market kneel down and swear to the sky that they will never touch contracts.
But when the bull market arrives and the market is good, they forget the pain of the past.
Trading contracts indeed has a crazy allure for anyone; after all, just look at others posting their trades, casually opening an order and earning hundreds of thousands of USDT, and it’s from your actual account.
Can you resist the temptation?
Of course not; at that moment, you wish that order was opened by you.
But according to Shisan's years of experience in the crypto world, if you waste all your energy on contracts during a bull market, you will basically miss the entire bull market.
Remember~

The market in the past couple of days has been quite difficult for everyone.
From the highest point until now, Bitcoin has dropped by 10,000 points, all because of a single statement from Powell?
Of course not, it's just that the big players took the opportunity to shake out the weak hands.
In previous articles, Shisan mentioned that the Christmas period doesn't necessarily lead to a decline; everyone can refer to the original text. Shisan's conclusion is based on data analysis, not just empty talk.
As it stands, the Christmas market has indeed fallen; decline is part of investing, and we must learn to endure it.
However, at this point in the market, there's no need for excessive worry.
If I were the big player, I would also choose this opportunity to wash out most of the weak hands, taking advantage of Christmas and Powell's speech.
In the short term, the support level is at 92,000. Shisan opened an ant position between 92,000 and 95,000 for experimentation. If the market continues to go down, the next support level will be between 87,000 and 88,000.
Currently, the market is falling sharply, looking like it might break below 93,000; however, Shisan believes that during this Christmas, the market is more likely to oscillate between 93,000 and 99,000.
There shouldn't be too much extreme volatility.
But the possibility of downward fluctuations is somewhat greater, for instance now, so Shisan has opened an ant position to validate some investment theories.
Christmas is akin to our Spring Festival; the elites on Wall Street will take the opportunity to enjoy life during the holiday, buying cars and houses and increasing consumption, just like before the New Year when we like to have some cash on hand to play cards at home.
So, the market might remain sluggish for a few more days; everyone just needs to hang in there.
At the same time, be prepared for the market to dip into the 88,000 range.

In trading, one method is the large volume trading method.
It means: at the bottom of a downtrend, there is a particularly large bearish candle, you can go long; at the top, you look for short opportunities.
In the boxed area of the chart, there are two instances of high volume, therefore based on the volume-price relationship, this position is bullish, especially since the subsequent consolidation is also so.
This position can be seen as a phase bottom, the probability of breaking below is low (hopefully I'm not wrong).
The blue arrow MACD is also in a consolidating posture, with golden crosses and dead crosses intertwined, making it difficult to distinguish.
This indicates that the support at this position is relatively strong, and if a significant decline is to occur, it must be accompanied by a new major negative catalyst.
Everyone can also see that some big players have been continuously buying recently, so we actually do not need to panic too much.
A drop only gives us a better entry position.

Tonight's PCE came out. Both PCE and core PCE were lower than expected. Therefore, inflation was very well controlled, which effectively countered Bao's speech yesterday.

Now the market has begun to rebound. This wave of Ethereum may touch the pressure level of 3500. If you buy short-term chips at the bottom below 3300, you can sell some of them at this position and keep enough cash in your hands. The same is true for other coins.
Fortunately, the data tonight is positive. If it is higher than expected, it means that the US economy is still strong, and the Federal Reserve has a reason to maintain high interest rates. Tonight's airdrop will be launched again.
However, US stocks opened lower today, especially crypto concept stocks.
This shows that the current air force is still strong. At this time, if it rebounds to the range mentioned above, the safest way is to sell some, keep some cash in your hands, and reduce the risk of positions.
It is true that the current 3200 Ethereum is very annoying, but think about 6000 or even 8000 in 2 months, 10,000 Ethereum, will you still be upset?

In this round of decline, it's not just you and me; even Trump is buying at the mid-hill.
Trump's crypto project WLFI has been gradually bottoming out Ethereum, and the losses have now reached 6.15 million dollars.
If Trump is losing money, why can't you? So keep a calm mindset and look at the long term.
His average price is 3600 dollars.
Most of our friends in Circle 13 have an average price below 3000, so what are you afraid of?
Everyone can guess whether Trump is losing or making money in this round of market.
In January, Trump will take office as president, and more favorable news will be released, making it inevitable for the market to return to new highs.
The market is currently correcting, indeed influenced by old Powell's remarks. The Federal Reserve's stance has left the market greatly disappointed, but this bad news is not enough to support such a significant decline.
It almost felt like a direct hit, and no one could avoid it.
Now it seems more like the main force taking advantage of the situation to force a wash.
We all know that Trump is about to take office, and good news is bound to come. The main force should also step in to wash out those hesitant retail investors at this time.
Circle 13 believes this reason accounts for a very large proportion.

This wave of correction has caused the market to panic.
In fact, anyone will panic when facing a market crash, including Thirteen. However, in addition to panic, Thirteen is more worried about how to buy at the bottom.
Most people in the market are very panicked and are waiting for the lowest point to appear.
Usually for retail investors, when the market plummets, they almost dare not enter the market to buy at the bottom.
Because of fear, they always want to wait until the lowest point.
You dare not buy at the bottom of Ethereum at 3100, and you dare not buy at 2800 Ethereum either.
Therefore, when you encounter a market correction in the bull market, don’t deliberately pursue buying at the bottom, because this is impossible.
When you encounter a big drop like today, you buy, provided that your position is well controlled and you have enough bullets in your hand. If you are already fully invested, watching the market at this time will only add troubles.
It is better to delete the app and have a good rest, and come back in January.
Of course, how to buy at the bottom, what point, and how much to buy at the bottom, Thirteen has given detailed instructions in the circle for your reference.

The PCE data is out. Both the PCE and core PCE data are lower than expected, which is considered positive. This is a strong response to yesterday's reduction of interest rate cuts by Lao Bao.
Trump's encryption project WLFI has been buying Ethereum at the bottom, and now the loss has reached 6.15 million US dollars.
Trump has lost money, so you can't lose money? So keep a normal mind and take a long-term view.
His average price is 3,600 US dollars.
You can guess whether Trump will lose money or make money in this round of market?

Dogecoin has fallen to 0.30, and at this position, there are both risks and opportunities. If it drops further, just hold on; if it rises, it will take off. During this bull market, everyone can give Dogecoin a bit more trust.
After all, Musk, as a human business leader, also holds influence over the old 米 government's efficiency departments, which is no joke.

This wave of correction was unpredictable; no one knew that despite the interest rate cut being a favorable signal, it quickly turned bearish due to old Powell's remarks. There’s no need to worry; we are in a bull market, and at this time, the Thirteen should step up to recharge everyone’s faith.
However, this correction has the following reasons, and I hope everyone keeps them in mind:
① The Fed's hawkish statements.
Through the dot plot and Powell's remarks, there is only a 50 basis point rate cut expectation for 2025. The Fed has clearly stated that it will lean towards fewer rate cuts to control inflation. If there are signs of inflation resurfacing, there may even be a possibility of no rate cuts.
Additionally, regarding Bitcoin reserves, the Fed has clearly stated that it undoubtedly holds Bitcoin.
This reason is the trigger for this correction.
② A healthy correction is needed after a market peak.
On the 17th, Bitcoin reached a historical high of 108,000, and the market began a 5% correction the next day, triggering panic in the market, creating a stampede effect that exacerbated the decline.
With the market dominated by bullish sentiment, a correction is needed to clear leverage.
Global capital markets have all fallen into passivity, especially the U.S. stock market, which has shown a downturn after continuous rises.
③ The dealer's layout.
In fact, a deep correction now has a positive effect on the market; it is very timely. This correction can release the market's bearish sentiment before Trump takes office.
The dealer needs to drive retail investors out of the market before pulling up again, and the only way to do that is to crash the market. So we see that yesterday, the ETF has turned from inflow to outflow.
Retail panic is the effect the dealer hopes to see. I hope everyone can hold their spot positions steady; there’s no need to worry; as long as the bull market is still here, we will all make money.
④ Stay away from charlatans.
Now there are a bunch of so-called experts predicting the market; some have gotten it right this time. You need to make your own judgment on what basis they are making their predictions. If we look purely from a technical perspective, luck plays a large part. At this time, do not get too enamored with technical analysis. You should make a comprehensive judgment based on market sentiment, fundamentals, news, and data.
I hope everyone maintains independent thinking, stays away from high-risk investments, and avoids charlatans.

Everyone can understand some principles from the perspective of the market makers.
Typically, market rallies are guided by market makers, and before a rally, there is one essential task that must be done: driving retail investors out of the market.
Only then can they start fresh, as market makers certainly won't get rich with retail investors in tow.
How do you drive retail investors out? It's simple: create panic among them.
Retail investor panic is very easy to incite; as long as the market experiences a significant drop, it can trigger panic. Just look around at how many once-confident retail investors have chosen to cut their losses and exit in the past few days.
In fact, one could say that those currently cutting losses are basically the cannon fodder of this market cycle.
In the first half of a bull market, every pullback is an excellent opportunity to enter. Everyone understands the principle, but when a real drop occurs and it's time for people to enter the market, they become hesitant.
I usually encourage everyone during downturns and remind them of the risks after the market rises. After the rise, I suggest reducing positions to prepare for future uncertainties.
Having spent many years in the cryptocurrency space, I've seen too much; given the current volatility, this is really nothing in the crypto world.
I hope that my followers maintain a conscientious mindset when investing in the crypto space.
As long as we can see that the trend of this bull market is still in place, there is no need to panic. The specific entry point is not important; what matters is being on the ride.

The sudden market pullback is due to the Federal Reserve's attitude after the interest rate cut, which triggered market panic.
Originally, the market expected a 25 basis point cut, which was not a problem and was actually positive.
However, later statements made one want to directly slap Powell a few times; you’ve already cut rates, yet you’re saying that next year you will control the rate cut to within 50 basis points, which is too far off from the overall market expectations, causing panic to spread rapidly.
Moreover, regarding Bitcoin, it was clearly stated that the Federal Reserve is currently not allowed to hold Bitcoin, as this is determined by law, and there is no intention to actively embrace Bitcoin, as that is a matter for Congress.
Even the stable BlackRock couldn’t hold its ground and quickly released a short video promoting Bitcoin, after all, they hold $57 billion in Bitcoin, even exceeding their holdings of gold.
It seems they also do not wish for the market to pull back too much.
Overall, this pullback is significantly influenced by news and is considered an unexpected situation, as no one could predict that the Federal Reserve would suddenly release such a huge negative signal, leading to a rapid pullback in global capital markets.
However, this market pullback provides a good opportunity for a healthy trend in the future.

Before the market starts, there will definitely be a painful process.
Most retail investors cannot endure this process and will only sell their chips, which are mostly pocketed by the big players.
The current market sentiment for Ethereum has reached its lowest point since 2023, and generally, this kind of signal is considered a bullish sign.
Institutions have been continuously buying Ethereum.
Moreover, in this round of major market movements, Ethereum has not yet exploded and is in a state of accumulation; once the black box opens, the possibility of a rebound is very high.
Of course, the advice from thirteen is just for reference; everyone should not blindly follow, as investing is a personal matter and one must bear the consequences.
It is crucial to strictly control position risk.

I have been affected by the flu and am feeling exceptionally unwell. Seeing this market makes me feel bad for everyone.
However, I am quite happy with the situation, as I can increase my positions at a low cost.
I just woke up and saw that Bitcoin has dropped below 100,000. As I mentioned to everyone today, it might be hard to see Bitcoin below 100,000 in 2025.
Right now is actually a good time to enter the market.
Within the thirteen group, I have already given clear indications.
I hope everyone can be a little bolder; after all, what is there to worry about during a bull market?
We are holding spot assets, focusing on valuable coins. Even if the market continues to decline, so what? If we don't have the funds to buy the dip, we can simply delete the app for a while and come back later.
When we look back in the first quarter of 2015, we will realize how ridiculous our fears were at that time.
Just like now, when we recall June 5-6, when Bitcoin dropped below 50,000, our fears back then were so laughable.
The crypto world is like this; nearly 99% of investors only care about short-term market fluctuations and can't see beyond that.
When prices rise, there's greed, and they want to chase the highs; when prices fall, there's fear, and they want to cut losses.
Why are retail investors always getting cut? It's because we are shortsighted, unable to see the trend, or even the beautiful scenery a few months down the road.
Earlier, Ethereum dropped below 3,600, and I added a little more. If the market continues to be sluggish, it is very likely to drop to the 3,300 price range. I will continue to buy the dip to lower my cost.
Investing in Ethereum is definitely not a loss.
After Ethereum broke 40,000, I clearly informed everyone to stop buying the dip for Ethereum because the risks were too high; we should wait for the market to correct.
Now is the time to take action again.

At the end of December, we will not see Bitcoin below 100,000.

I don't know when it started, but there has been a saying in the market that there will be a crash during Christmas.
Thirteen specifically checked the past data and found it to be completely a rumor.
In the past ten years during Christmas, there were 6 declines and 4 increases.
In the past ten years, the probability of both increases and decreases in the entire month of December is 50-50.
Therefore, the statement that the Christmas market will correct is completely unfounded; everyone doesn't need to scare themselves.
However, there is one piece of data that everyone can focus on: the starting point of the last bull market began on Christmas, with Bitcoin and Ethereum both entering a 110-day violent bull market.
Bitcoin surged by 185%, Ethereum by 600%, Solana by 4200%, BNB by 2000%, Dogecoin by 1900%...
Will this bull market start a real bull market based on the Christmas time node? The probability looks very high at the moment.
Currently, the entire market is supported by macro quantitative easing policies, with mid-level ETF layouts and various positive micro data.
No matter how you look at it, the current market does not have the foundation for a deep correction.
Because institutions are still madly entering the market, raising the fair market price of Bitcoin.
For example, Ethereum, which is not performing well now, has most of its liquidity almost occupied by whales.
104 whales hold at least over 100,000 Ethereum, accounting for 57% of total liquidity.
Whales holding between 10,000 and 100,000 Ethereum account for 33.4%.
Retail investors holding less than 100 Ethereum have dropped to 9.19%.
This set of data indicates a serious problem: retail investors collectively do not have a positive outlook on Ethereum, while whales continue to collect chips from retail investors.
Considering Ethereum's performance during this period and various panicky statements, it's not hard to see who the opinion manipulators behind it are.
The information between the operators and retail investors is unequal; when retail investors begin to collectively have a negative outlook, we should instead firmly hold onto our Ethereum and not let it go.
Concentration of chips in a bull market can be seen as a major positive, making it very easy to push the market up.
At that time, retail investors will only be able to chase high prices to enter.