$BTC $ETH $XRP When everyone questions the altcoin season and questions ETH, the altcoin season may arrive. The altcoin season will be late, but it will not be absent. The altcoin season will officially begin on January 11, 2025.
$SOL When a whale falls, all things come to life. For those who are looking forward to a bull market in altcoins, you should hope that $SOL will fall a little more, so that funds will return to ETH and mainstream altcoins, rather than hype memes.
I think that the high point of 70,000 was not broken in the previous few months of high sentiment. The area between 60,000 and 70,000 is not easy to recover. The bull market will not necessarily come soon. The best case is that it will fluctuate sideways at this position and then move upward. In the pessimistic case, it will continue to decline. The conclusion of the optimistic case is: neutral to lower.
Now everyone is still stuck in the "bear market" thinking of the first two months. If you don't change as soon as possible, you will miss this market. What's more, the short profits of the first two months may no longer exist, or even suffer losses.
The mood in the market has begun to change. It all started with the big positive line at $BTC . Today, it has proven to have stabilized above 65,000 and stopped falling. When the risk is eliminated, the bulls begin to attack. The bears in the past few days may have a hard time during this period. Friends who are waiting for a decline are now in a dilemma. They dare not chase, nor do they dare to go short. They are frustrated. When the price rises every day and they can't stand it, they finally can't help but rush in, and the market will pull back. The second half of the bull market is infinitely optimistic about $ICP .
The worse the market is, the better time to open a position. Buy some $ICP . Don't wait until the price goes up and fomo comes. You will thank me if you hold on.
Now the weakness of $BTC is entirely due to the impact of the U.S. stock market on it after it was listed on the ETF. In recent times, the trend of the U.S. stock market has been intensified by the macro-economic impact. You will find that $BTC has been following the U.S. stock market between 9.30 pm and 3 pm during U.S. stock trading hours, but it also has its own willfulness, showing relative strength relative to the U.S. stock market. After 3 am, there will be a small rise after the U.S. stock market closes. In this case, after the U.S. stock market stabilizes, $BTC will begin to rebound.
War cannot affect the long-term trend, but will only intensify short-term fluctuations. Moreover, the market's expectations for war have been reflected in the sharp drop in the past few days. The impact of each subsequent war news will be lower and lower (see the Russian-Ukrainian war), so smart people will always pick up the package you discarded to escape when the market is extremely pessimistic. $BTC $ICP
Judging from the trend, $BTC should have bottomed out. $ICP should be the most resistant to declines in the past few days, and it will also explode the fastest when the market improves.