I share my explained market perspective with you, so that you understand what I'm talking about in all my posts:
#SOLUSDT The general trend is bullish. In daily timeframes, we come from a consolidation, in which there was profit-taking and prolonged reinsertion into the market for months by market makers (March-August 24).
Thus, we subsequently see the formation of a bullish pennant (a continuation signal), with support at the 0.61 Fibonacci level, generating a pullback on the consolidation zone. Another confirmation of a bounce to the upside.
Taking the above into account and overlooking many other details of a deeper analysis at lower timeframes, what do we read so far? A rise in the market after a possible correction between $165 - $169. The same scenario in almost the entire market.
Why do I tell you that you cannot be overconfident in this or other analyses?
We can see that the last low (where we are) has created a BMS zone by breaking the resistance (which should have been a major support), left by the last higher high in March (which would indicate a reversal to the downside).
Many will have a different analysis, using price action or RSI, EMA, or other indicators, even higher or lower timeframes, confidence in a downward trend, upward trend, or lateralization. Perhaps with greater precision in their study than the one previously described, I could be very far from reality.
In any case, the goal of this post is to show you that any analysis ends up being irrelevant when market owners decide to buy large volumes of coins or withdraw liquidity. The volatility of the crypto world is completely different from the rest of the market.
Trust your analysis, prepared for possible reversals of it, and train your mind to stay in for as long as necessary without selling. You can forget the graphical analysis presented above, but hold on to this last point. Your success or failure in this environment will depend on it.
#XmasCryptoMiracles Is it possible that this year BTC and the altcoins gift us the precious phenomenon of the Christmas rally?
Probably $BTC will be showing small-scale increases in the coming days, without breaking the AHT, before developing a larger correction, which precedes the takeover by DT.
Yes, I indeed believe that Trump will take command with BTC between 82 - 90USD, to then see a rise to a higher AHT and subsequent displacement of its dominance to the altcoins for the dreamed altseason.
In the meantime, we will be settling for the current peaks of upward consolidation, where we should try to accumulate liquidity to buy at low prices and exploit our portfolio in times of crypto prosperity, I highly doubt that until the end of January/mid-February we will see a greater rise; we will first have to be consolidating, reaching lower points close to and higher proximities to the current AHT.
Chronologically, I would believe we are waiting for:
• A small rise to levels close to the current AHT (next few days). • Subsequent drop between 82-90USD (development of the first days/weeks of 2025). • Increase in prices transcending 120K - 145K. (End of January / early-mid February). Subsequently, a prolonged consolidation for a real drop is likely. (medium term).
Everything described here is mere speculation. Create your analysis and your own market study, taking into account both your graphic analysis methodology and your fundamental speculations.
#MarketRebound We are witnessing speculative movements, at this moment the big players are out of the market. If you are going to trade, check the supports and resistances in the current consolidation, do it without fear, but with caution.
#MarketRebound Currently, we are witnessing signs of recovery in the market; many investors have recovered our portfolio after the slight drop a few days ago. Now is the time to assess whether you should withdraw some liquidity and act according to your analysis and risk management strategy.
At this moment, the social pattern repeats; everyone believes we are going to the moon, leaving all their capital at the current numbers, and the market surprises them with a new correction.
I personally believe we will be consolidating until mid/late January, therefore the best alternative is to take profits during these slight increases, without completely exiting the market, which prepares us for both upward movement, obtaining greater profits with the portion of the investment we have inside, and downward movement, to have liquidity, buy at lower points, and average the entry price.
Those who close themselves off at this moment, thinking the market is going up and putting all their capital in, will be easy targets to suffer a significant imbalance in their portfolio with a deeper drop. Those who, on the other hand, want to be completely out, waiting for a strong correction to enter, run the risk of missing out on the anticipated altseason, which has evidently not arrived. However, I must mention that these last ones may be closer to greater long-term profitability, as I insist, a correction is still needed.
In any case, play to win, hold coins from the project that interests you the most and also maintain liquidity, control FOMO and FUD, waiting for the market owners to come back in, prepared to rise or fall with them.
It’s your money; only you know where and when to invest it, but educate yourself, don’t be part of the herd of later crypto-haters who invested at the worst moment, selling when they shouldn’t have, and now consider this world a fraud.
Merry Christmas 🎄🍀💰focused investor with a prosperous future. 💖
We are in the Christmas season 🎄, which leads to low volume in operations, therefore it is likely that we will finish the year with movements like those we have been observing. With a kind of consolidation where the price rises a bit and then corrects a little.
I am already seeing posts from "trading gurus", optimists, market maker tools, institutions in search of liquidity, investors with losses needing other novice investors, and many others urging you to buy. I am not saying it is a bad time to enter; we do not know if we are at the beginning of a significant rise. However, I doubt it, as a correction is needed, and the chart shows very short consolidation.
If you are going to enter, be very cautious and do not do so with large capital. I am sure you will be able to find better prices after a potential next drop, which could be deeper.
If you are in profits from having bought low, try to gradually withdraw some liquidity without leaving the market, as we may have a rise perhaps to levels close to recent highs, but no one can be certain.
Possibly the aggressive movement (which could be downwards or upwards) will happen in mid/late January, so we are in a time of much caution.
Remember: Ignore the news, educate yourself, and enter with your strategy or FOMO will lead you to burn your portfolio.
It's time to buy, there may still be a correction, I don't think it will be as deep as many gurus profess around here; however, those who have liquidity are in a perfect position to enter the market (with just a portion of their capital) or those with "losses" can average previous purchases with new entries.
Also, be prepared to acquire a larger volume at even lower levels (which is possible but not certain, like every movement here).
Enjoy your Sunday and don't let your mind be intoxicated by news, just be patient and wait for the rise.
Evaluate in detail the present #MarketPullback and buckle up, the correction could continue. Risk management is not just for futures; it's equally relevant in Spot, establish one and let's see how far we get with the current drop. 10 days to 2025, during which strong hands will seek at all costs to keep your money.
Regardless of each person's analysis of the market at this moment, from the radicals who consider an 80% correction is imminent, to those who believe we are heading "straight to $150K". We all must be prepared for ANY movement, subtle or aggressive, upwards or downwards, and what if we enter a prolonged consolidation?
Following the advice of what someone else says they will do will not help you on this journey; (neither in the short term, nor in the medium term, nor in the long term, whether you have $10, $100, $500, or thousands of dollars, in crypto or any market). Before even studying how much and when you will invest in a project, you must build YOUR strategy within the market with full control over your mind and assets.
Have you already sat down to calculate how long you can have your capital locked? What will you do if you get stuck in losses? Can you see your portfolio in red numbers for an extended period, trusting in the development of the chart? What can you afford?
Can you control your uncertainty? What do you do if you wake up with a 150% profit on your capital? Do you rush to sell? Do you stay in #hold mode? Or do you take out your capital and work on profits? What is your plan?
Applying your analysis strategy is 20% of your path to success, the remaining 80% lies in how you will handle losses and what action you will take (or not) when in profit.
If you have defined this, you will handle every market movement with calm and sensibility. Your mind will be focused and you will not act out of fear.
Profitability is within reach by mixing that discipline you are working on and reflecting here, having read this and other posts, with the sole objective of educating yourself and forming a firm psychology, allowing the system to act and moving with it, fine-tuning our strategy day by day, without taking any publication as investment advice.
Everything is turning green, now everyone is bullish. Let the charts develop instead of jumping in with FOMO. Learn from your mistakes, friends.
The market is consolidating, use the news to go against it, a correction is still needed, perhaps the coins will rise a small % to give a breather (or manipulate small investors), but it is very unlikely that the correction has finished.
If you want to invest now to take very close profits, do it, but with capital that you can leave long-term in your portfolio, it wouldn't be surprising to see a deeper drop. But you might be lucky with a 10 or 15% increase.
But I repeat, DO NOT risk capital that you need soon, as EVERYTHING is possible in this market in these remaining 10 days of 2024.
#BTCNextMove we must be prepared for a slightly larger correction, I do not mean to say that there is no possibility of an upward movement, however a drop to levels between 80 - 85 USD is necessary at some point (perhaps deeper due to pending imbalances), which may or may not be now.
If we are prepared for the above, we will be able to control our psychology more adequately.
I hope society is soon educated enough to understand that in these times of collapse is when we should enter the market; I am aware of the lack of information about finances that we have (although there are so many sources to educate us about crypto assets), however, they continue to insist on investing when the market makers' advertising is everywhere:
"Bitcoin transcends the 100K barrier" - #ETHincreases its market capitalization" - "XRP the future of the crypto economy" - #SOLheading to $300" - "New AHT". Everyone talking and quoting #USUAL, $BNB or any memecoin they can think of, always followed by: "The time is now".
Then they run to invest money that they do NOT have available in the long term and what happens? BOOM! Market collapse, followed by despair, frustration and regret.
Friends, understand, the news is designed only for that; Instead of complaining and crying about the fall, the time to invest (if you have the capital) is NOW or, failing that, if the fall deepens.
Let's understand that when everyone talks about an asset it is NOT to share the success, it is to LIQUIDATE, therefore, that is the time to sell, get out of the market or simply maintain the investments if we want to be in ASSUME the falls; but NOT to buy.
On the contrary, if everything is in RED and/or they only talk about falls, losses and "THE END" of bitcoin or any currency, it is time to enter, NOT to sell. Let's stop giving away our capital and understand once and for all where we are investing, the crypto world is not a fad, it is a reality in which only strong minds survive.
#TopCoinsSeptember Nobody will tell you which coins will go to the moon, invest sensibly when the time is right and in stable projects; Memes take their toll during these times of year, however, do you want to try the “get rich with $1K” by investing in memes?” scheme? It is statistically unlikely, but possible;but AT LEAST enter the market when it is TIME, not when everything explodes.
At this moment, it is not easy to control our psychology; however, there is no alternative, only the seller loses. Perhaps the market will recover soon, perhaps it will remain consolidating, or it will continue to plummet.
In any case, we must be prepared for any scenario and NOT sell.
For the reasons mentioned above, it is necessary to learn to NEVER invest capital that we will need soon, always thinking in the long term. And if it is within the investor's possibilities, maintain liquidity in the portfolio to continue investing during downturns and thus average the entry costs.
Good luck to everyone during this correction, and do not hesitate, the answer to #MarketCorrectionBuyOrHODL is evident if you do not want losses.
- The cryptocurrency market faces an uncertain landscape despite the optimism surrounding Bitcoin. Significant growth is expected for 2025, driven by narratives such as artificial intelligence and decentralized infrastructures.
- Regulation could become more favorable with the current administration in the U.S., including the possible integration of Bitcoin into strategic reserves and changes in the SEC that promote clearer policies.
- Institutional investment is on the rise, with growing interest in Bitcoin ETFs and increased participation from public companies, which could solidify Bitcoin as a strategic asset.
- Despite the enthusiasm, caution is advised. Diversification and constant market monitoring are essential to mitigate risks in a volatile environment.
If you enter your Binance feed or any social network and see continuous, positive news that encourages you to enter the market, or some altcoin, you must FLEE from there.
On the contrary, if you see comments, analysis, or news that seek to make you sell, along with a falling market, you should closely monitor the project, verify that it is not being investigated for any deficiency, incident, or violation of any regulation, and that the fundamentals remain solid (project objective, market capitalization, backing team, on-chain metrics, tokenomics, etc.) and you have good support on which to enter, do so without fear and ignore the masses.
We are in a market that seeks to make us lose; do not follow trends, do not follow gurus, seek your own analysis and be firm in what you believe. Every news item seeks to manipulate you. $
Your money is at stake, start adopting a cold mindset, prepare for FOMO and FUD.
If you feel that being inside while watching news is affecting you, step back a bit and let the market continue its movements. If you have profits, take a portion.
Create a good strategy and risk management and do not let the market affect your psychology, work on it day by day and you will see results. Do not be part of the crowd; you deserve success.
Will you give away your coins to the market owners?
We must consider that after a significant rise of BTC, there should be a correction proportional to it. Historically, we have seen corrections exceeding 70%, which should prepare us for any event. However, while technical analysis is essential in the crypto chart, fundamental factors are even more relevant, not only in reference to news; validating that we are in a market that does NOT follow rules when it comes to taking profits and liquidating, we must consider every factor, we are in no way exempt from losses or guarantees of profits.
It is unfortunate, but we are experiencing a massacre in the market, possibly prolonged over the next few days, in which, although we are all being affected, the main victims are those people who have entered FOMO.
Those who have decided to invest when a coin has already exploded and the profits have been and will be taken by the strong hands.
NEVER enter a project when everyone is talking about it; this is your main alert to understand that it is already overbought and is only being promoted initially by those who want to liquidate you or, alternatively, by other trapped individuals who need investors to avoid losing their capital.
Research, educate yourself, and do not follow mass message reproductions, which will only lead you to lose, whether intentionally or due to misinformation.
We know that we are in a manipulated market, market makers will not have compassion when it comes to taking your money; we are not in days to operate futures or sell on the spot.
Please keep your investments away from strong hands that are just waiting for the opportunity to take the largest volume of the market, IF YOU DO NOT SELL, YOU DO NOT LOSE.
Just try to stay within solid projects with coherent foundations and a sustainable structure over time, so that during falls like the current one (which we do not know if it will intensify), no matter how many red numbers we have in our account, we feel safe and can patiently wait for the upward correction.
Avoid investing money that you need in memecoins, Can you succeed and become a millionaire overnight? YES, however, what is the statistical possibility of that happening? Keep in mind that most people are looking for that stroke of luck.
It is your money, I only ask that you think rationally and not emotionally, you can be very successful, but sometimes the fast track only leads you to the abyss.
The important thing, as cliché as it sounds, is to be involved in solid projects with coherent proposals.
I understand the opportunities in memecoins; indeed, you can get rich with a not-so-large investment, from one moment to another; however, what happens in a market with declines like the current one? They could well be short or subsequently intense. (difficult to decipher considering market manipulation and profit-taking by market makers), so in such cases, can you really feel safe and patiently wait for a rise while being involved in meme projects? There lies the dilemma that must be analyzed before investing.