Bitcoin nearly dipped below 90,000 this morning, prompting various groups to shout, 'It's crashing, run!' Many family members privately asked if the bull market is about to end and what will happen next.

The current adjustment of Bitcoin is inevitable; on one hand, it digests the profit from the range of 66835-99588, making it easier to pull up. On the other hand, during the holiday season, due to institutions issuing bonuses and retail investors needing funds for the holiday, capital may flow out of the crypto circle, leading to a market correction. The next strong support level for Bitcoin is at 88000, and it may drop to this level, then oscillate for a period before continuing to rise.

Has the BTC correction ended???
Before a strong correction, BTC is very likely to reach $100,000. As long as it breaks $100,000, the peak will definitely be above $100,000.

However, I personally feel it's unlikely to exceed $110,000. Because based on past experience, when important psychological barriers are broken, they usually don't go too far. For example, after breaking $40,000 in January 2021, it only went up to around $41,950.
The market is correcting, and many people are starting to panic, resulting in nearly $600 million in long positions being liquidated.

What I actually want to say is:

First, the bull market is not over, and BTC's push towards $100,000 is normal.

Make money in the cryptocurrency world!
Two crucial elements: 1. Position management! 2. Currency selection!

The general method of position has been briefly discussed in the previous article. Now let’s talk about some of the methods (part). I will also show you my own positions! But it is not convenient to tell friends in time here! Go directly to VX: mcty689 to find Shanchuan!

For this purpose, we have selected potential projects to watch. The goal is to catch the altcoins that can survive a bear market and increase by dozens to hundreds of times!

Screening criteria (satisfy multiple of these):

1. Technical analysis: The historical highest price has fallen by more than 90%, and the market value is between 100 and 1000.

BTC’s callback is coming!

Bitcoin has experienced a wave of adjustments, similar to what I said yesterday, with the lowest price reaching around 93,000. This has caused many people to start to worry about a sharp drop and the end of the bull market. A small-scale correction is very necessary, and there is nothing to be afraid of.

Only when Bitcoin pulls back can there be a fake bull market. You should know that the logic of retail investors' investment is different from that of institutions. The strategy of institutions may only recognize the leaders in the track, so the funds only go to Bitcoin, but retail investors always pursue overtaking on the curve.
This wave of Bitcoin's unique and beautiful market has caused serious demand for many altcoins to make up for the losses. Retail investors have seen this and have invested heavily in the altcoin market. This wave of altcoins' compensatory rally is equivalent to laying a solid foundation for Bitcoin to break through 100,000 yuan. After all, this breakthrough is the result of the combined effect of funds and emotions.

So how to filter for quality and valuable altcoins?

In popular sectors like public chains, MEME, AI, gaming, L2, DEFI, the performance of projects within the same sector also varies. Taking MEME as an example, while people, doge, floki are all established MEMEs, people has a small increase, while doge and floki have surged, why is that?

1. Narrative: For example, Doge, due to being mentioned by Musk, saw an influx of traffic and funds, triggering market speculation, and the price naturally improved.

2. Project community team operations: The community team actively creates narratives or promotes processes, for example, after listing on Binance, expanding to platforms like CB, Bithumb, Upbit, etc.

Is the market hard to play? The key lies in recognizing the cycle and sticking to holding!

1. The cycle pattern is clear: Market fluctuations generally follow a four-year cycle, such as 2016-2017, 2020-2021, 2024-2025. Grasping the cycle means seizing the opportunity!

2. Long-term holding makes big money: Especially at the beginning of a bull market, when the four-year cycle is just starting, sticking to your investments is key.

3. Great bull coins will eventually explode: As long as undervalued great bull coins are held, they will eventually see a breakthrough.

4. Be cautious when selecting small coins: Most small coins cannot outperform mainstream coins in the long run; blindly messing around may not be as good as holding the major coins.

5. The regret of the bull market is not holding: The biggest regret in a bull market is often selling too early, rather than not buying.

Bitcoin experienced a small pullback over the weekend but still maintains a narrow range of consolidation. Last night it retraced to around 96,000, down from the highest point by less than 4 points. Currently, the momentum seems a bit weak, but there's no concern about a major pullback.

Short-term focus on the 4-hour level. If it returns to around 96,000 again, it might drop to around 90,000 in the short term, but this kind of pullback is healthy; don't be scared. I mentioned before, there won't be a major level pullback below 100,000.

Once Bitcoin stabilizes and starts to truly break through 100,000, it will also mark the acceleration phase of this bullish market. This is the most FOMO phase when retail investors rush in.

A correction in a bull market is an opportunity,

If you are very optimistic about a track and a coin, if you miss it, do not wait to FOMO buy when it charges, and do not be afraid to buy when it pulls back. If you can achieve these two points, you will move away from the level of a low-level retail investor. Is it difficult? Not difficult! Is it difficult? What is difficult is human nature.
Old coins: look at K-lines and structures, as there are references, but do not be confused by the references; secondly, look for new sprouts;
New coins: what to look at is your understanding of the market and the overall imagination of the track.

➜ $NEIRO

▶ MC: $787 million
▶ 24-hour trading volume: $550 million

Please cherish the time when Bitcoin is consolidating, this stage is the best time in the crypto circle.

From indicators, moving averages, and K-line structures, currently, Bitcoin is gently consolidating around the 100,000 mark; passing opportunities to the altcoin market.

BTC is the starting point, ETH is the catalyst, altcoins are the subsequent climax:

The altcoin season in a bull market is actually a comprehensive result of market sentiment, narratives, and capital flow. Reviewing history, BTC and ETH are the prelude, and the rotation of altcoin tracks is the main melody. Grasping this rhythm, through continuous learning and adjusting strategies, may achieve long-term success on the ever-changing stage of the crypto market.

Market pullbacks are opportunities,

If you are very optimistic about a track and a coin, do not wait to FOMO buy in when it charges ahead, and do not hesitate to buy in when it pulls back. If you can achieve the above two points, you will move away from the level of a low-level retail investor. Is it difficult? Not difficult! Is it difficult? The difficulty lies in human nature.

Old coins: Look at the K-line and structure because there are references, but do not be confused by the references; also, see if there are new sprouts emerging.
New coins: What matters is your understanding of the market and the imagination of the overall track.

If you were to rank the following popular narratives, which one do you think will recover first?

Good news, guys, Ethereum is standing up!
Overnight, BTC continued to rise, once reaching 98k, and the highest approaching 98.9k. 99k is like a layer of window paper, which can be broken with a poke. If 99k is broken, 100,000 dollars will be just around the corner. There is no doubt that at this height, the small amounts of retail investors can no longer form an effective driving force.
BTC has entered the institutional era. Many companies are imitating the success of MicroStrategy and purchasing and accumulating BTC as their reserve assets.

As Bitcoin is about to hit $100,000, the long-dormant Ethereum also saw a strong rise last night, rising 7.5% in three hours and reaching a high of $3,386 earlier.

Is it just a matter of time before Bitcoin breaks through the $100,000 mark?

The daily MA30 line maintains an upward trend, and the MACD shows a weakening upward momentum above the zero axis. The trend remains strong as ever, with capital continuing to flood into the US stock market, and investors remain optimistic. Coupled with the media support from the beautiful country, it’s only a matter of time before Bitcoin breaks through the $100,000 mark.

Today is Friday, and the US stock market will be closed for the next three days. It is important to note that after the short-term price rises to $100,000, profit-taking may occur, leading to a significant drop in price, and Bitcoin may continue to adjust.

BTC fell below 98,000, showing its declining trend. On the other hand, ETH broke through 3,300 and stood up as the backbone of the cryptocurrency circle. The altcoin finally rose. People called Ethereum a waste in the morning and awesome in the evening.
Good news, stop cursing, brothers, Ethereum has stood up. It surged by more than 300 yesterday, an increase of more than 10%.
The cryptocurrency world is really a magical place. One second I was wondering why Bitcoin was almost in six figures while Ethereum was still at 3,000. The next second it suddenly surged, with a big green column breaking through this week’s range of fluctuations and rising above 3,300. Bitcoin, as always, took the lead and stood out with a direct 5% increase.

Bitcoin (BTC) has reached 96,000
Then the next position is the 10W mark that I have been emphasizing this month.
Looking back at the time when the pie was 50,000, we started to let everyone plan
You have to listen to some rumors outside,
Said to wait for 40,000 to 30,000 before buying at the bottom
Now it's all 10W,
You guys are not still waiting, are you?
It's so funny, except Ethereum is rubbish, Bitcoin never disappoints
10W is just around the corner, gogogo

» Solana ($SOL) Market cap: $112.952 billion 24-hour volume: $9.639 billion
SOL is coming, the 28th law of the market, good coins that ordinary retail investors can get, large trading volume, buy resistant coins, and often appear on the hot list

Bitcoin (BTC) has reached 96,000

Then the next position is the 10W mark that I have been emphasizing this month.

Looking back at the time when the pie was 50,000, we started to let everyone plan

You have to listen to some rumors outside, saying that you should wait until 40,000 or 30,000 to buy at the bottom

Now that 10W has been reached, you guys are not still waiting, right?

It's so funny, except Ethereum is rubbish, Bitcoin never disappoints

10W is just around the corner, gogogo
When will altcoins see a turnaround?

Although the current market situation is unfavorable for altcoins, all hope is not lost.

If two of the following three conditions are met, we may see a return of the altcoin bull market:

Even the market dogs would shake their heads at this situation
Bitcoin (BTC) rises, altcoins do not follow and instead drop

Bitcoin (BTC) falls, altcoins continue to drop

This dog market has drained the snow from the altcoins

Another group of people has started to complain again

I've been suggesting to reduce positions, and now you’ve calmed down!

The expected action today is

BTC pullback or fluctuation - altcoins slightly recover

BTC rises to the 96-97 region - altcoins are barely trying to follow (but haven't risen as much as BTC during its fluctuations)

BTC's upward surge ends with a pullback - altcoins hit new lows again

This is basically similar to the scripts from Tuesday and Wednesday

Yesterday, Bitcoin reached a new historical high, peaking at $93,844, with a rise of over 3% within 24 hours.

How to seize the opportunity to get rich now?

The leading coins remain the most worthy of attention, maintaining the view that this round may be a mix of leading and new coins, while mid-tier coins may starve.

Liquidity is overly concentrated due to not being abundant. Similar to the movement of US stocks, the leading coins are concentrated in popular sectors:

Leading certainty BETA coins:

BTC SOL DOGE

Possible coins: XRP

These coins are large market cap coins that can be safely traded in waves and can also be rotated among these coins according to rhythm.

The bull market has entered the second phase!

So far, it is relatively certain that the bull market has started.

First, let's popularize the first phase of the bull market.

1) At the beginning of the market, the confidence has not fully recovered. A significant rise in BTC is needed to signal that a major bull market has arrived.

2) Many times, when BTC has small pullbacks, due to the prolonged weak situation of altcoins, the panic psychology is severe, and altcoins often experience larger declines.

3) Altcoins often have many trapped positions, and even if the main force wants to pull up the price, they will wash the plates repeatedly at critical points.

The second phase of the bull market:

<Meme 6 Rules>

1. Narrative first, community second, luck third.

2. After the track is established, 80% of the positions and energy should be placed on the leader, and the profits from the leader should be used to fight in the wild. Don't put the cart before the horse.

3. Even for the big golden dogs, most of them will have a big correction of more than 50%.

4. Buying during fomo is wrong in 90% of cases (see the above for the reason). This not only increases your cost, but also makes it more difficult to hold on to good targets.

5. In a few extreme cases, such as on Binance, Musk’s call for orders, and when the logic of a coin completely changes, you should boldly chase high prices after thinking it through.

Today's focus!

- Musk called the dog Squirrel again today. It seems that Squirrel will call many times in the future. You can pay more attention to it.

- ACT has a strong narrative, AI+MENE, currently at a pressure point, if it breaks through 7, there is a lot of room above

- The second layer of Ethereum is basically going bankrupt like Ethereum, but ENA is still a relatively bright spot.

- FTX’s 16 billion repayment has been delayed for a month. It is estimated that there will be a big hype by then.

- Trump will take office on January 20, Musk will be the head of the DOGE department, MENE series should remember to ambush in advance

- AVAX, ROSE, ADA, PIXEL, ID, ENA, EIGEN are all unlocked