Many people feel that BTC has risen too quickly in recent days, soaring to 80,000, as many expected the 80,000 mark to take a couple of months, but it arrived in just a week.
In the first half of the year, I repeatedly emphasized the characteristics of this bull market: 1 is that it rises without looking back, focusing on being light and easy to pull, making you hesitant to get on board; 2 is that it moves sideways in a cruel manner, neither going up nor down, focusing on torment, making it difficult for you to go long or short.
Currently, from the perspective of the slope of the moving averages, it is indeed very high, and there is a demand for consolidation or pullback for repair. However, having demand does not mean that it must be met. Right now, the big pie has completed a bullish trend resonance from small levels to large levels, and to disrupt this resonance, it has to be destroyed step by step from small levels to large levels, and it is clear that the current bears do not possess such power.
Today's fan Q&A: How is wld? AI series is a good coin. Now no one can afford it. Just wait for the next wave of market to start and continue to buy. It's not a big problem. How to see usual RWA plus DEFI sector, the strong will always be strong, see if RWA can be brought up How much will btc pull back It's okay if it doesn't break 95000 How much will doge see After breaking 0.34 in the short term, 0.26 below is the big support. It is currently in adjustment and temporarily unavailable How to see pepe 14-15 is the daily rising trend support point. The probability of stabilization at this position in the later period is relatively high How to see vana See if there is a bottom here. Now the market sentiment and the market are not very good. We can only wait for a certain opportunity to enter. Can the return to 2.5? Wait until it stabilizes and consolidates at the bottom. It is still bottoming out. Pay attention to the strong support near 1.05 below. When will the copycat start to rise? Wait for a wave of big cake market share to go down. Recently, the big cake market share is rebounding and the copycat is very miserable. Another indicator is getting stronger.
Dogecoin (DOGE) is Expected to Rebound from December's Decline: Here’s When
This week, the cryptocurrency market experienced a dangerous tail end, and Dogecoin (DOGE) is expected to rebound from a 22% decline in December. This leading meme coin has not benefited greatly from the cryptocurrency bull market that started in November. However, the market crashed on Thursday, and Dogecoin also fell into difficulties. The overall value of many assets has dropped significantly. In fact, over the past 24 hours, more than $1.1 billion has been liquidated in the cryptocurrency market. Tokens like Ripple (XRP), Solana (SOL), and Chainlink (LINK) have experienced significant corrections. Now, everyone is watching how they will rebound. For Dogecoin, this rebound is completely foreseeable to happen soon.
Next, the money-making opportunities fed into your mouth
I think a few simple words are better than lengthy discussions
1) The 100,000 mark for Bitcoin will definitely adjust, starting in a few months 2) Bitcoin's final target next year is 180,000 USD 3) Altcoin has a phase of market fluctuations, dropping and rising 3) When selecting coins, only choose these four tracks: RWA, L1, AI, MEME; never touch the others
4) Among these tracks, the ones with horizontal weekly charts are a no-brainer for all-in bets
In the next brief statement, I will explain why the slowdown in interest rate cuts will not affect BTC reaching 180,000 USD
Bitcoin plummets to 96,000! Altcoins crash! BlackRock issues a 'super rare' statement! Former largest cryptocurrency exchange unloads
On Friday (December 20), Bitcoin rebounded after plummeting to $96,000, with short-sellers briefly taking control, as global asset management giant BlackRock, managing $10 trillion, rarely issued a disclaimer stating it cannot guarantee that Bitcoin's total supply remains at 21 million, sparking community controversy. After the Federal Reserve's interest rate cut meeting released hawkish signals, the former largest cryptocurrency exchange Mt. Gox unloaded $102.5 million worth of Bitcoin.
BlackRock: Cannot guarantee that Bitcoin's total supply of 21 million remains unchanged CoinTelegraph pointed out that after BlackRock released a 3-minute explanatory video on Bitcoin and added a disclaimer stating that it cannot guarantee that Bitcoin's supply cap of 21 million coins will not change, the debate about whether the total supply of Bitcoin is truly fixed resurfaces.
December 20 Bitcoin and Ethereum Market Analysis: BTC, ETH Today's Highlights Market Review Yesterday, BTC continued to pull back, and this morning it fell again with increased volume, briefly dropping to around 95,500, with a decline greater than expected. Currently, the 4-hour downward momentum is still maintained, slight follow-up could be considered, waiting for a rebound. Conservative operation suggests observing for 1-2 days, waiting for stabilization before conducting right-side trading. The target expectation for this week in the 110,000-115,000 range has been canceled. The altcoin followed BTC's simultaneous pullback, briefly dropping to 3,350, with a decline also exceeding expectations. The 4-hour downward momentum has not weakened, but it has entered the oversold range. It is advisable to follow up appropriately today, waiting for a rebound. Altcoins are following the mainstream downward trend, with most coins experiencing significant pullbacks. It’s advisable to follow up today, waiting for a rebound. Today, consider following up on PENDLE, which has dropped significantly; altcoins tend to rebound quickly, so consider buying the dip for short-term trades. For already held altcoins, SATS should be patiently held, with the possibility of liquidating around 50. FTM can be liquidated and reconsidered later. POLYX can continue to be held, and ACT should be maintained. Today's Highlights: BTC: The 1-hour and 4-hour levels are below healthy levels, while the daily level has returned to healthy levels. Expecting a rebound after consolidation today; slight follow-up could be considered. The long-term expectation has not weakened. Support below today is 95,500-96,500, and resistance above is 98,500-99,500. ETH: The 1-hour and 4-hour levels have entered the oversold range, while the daily level is below healthy levels. Expecting a rebound after consolidation today; appropriate follow-up could be considered. Support below today is 3,350-3,400, and resistance above is 3,500-3,600.
This bull market can actually be seen as a microcosm of the entire history of cryptocurrency.
Newcomers who just entered the space in the past two years may find it hard to understand:
Why haven't the 'old investors' who entered the market as early as 2017 achieved financial freedom?
Why haven't those who bought BTC back in 2014 or 2015 gained true freedom?
The answer is: everything you have experienced over the years, especially what you have gone through recently, is actually what the old investors have gone through as well.
From the results, buying BTC for a few thousand dollars casually, buying BNB in 2017 casually, and buying this or that casually should have led to financial freedom by now. However, the problem is that many people are always unable to hold on steadfastly. Don’t say that the old investors couldn’t hold on for years, can you truly hold onto recent ETH? This is actually the same mindset, the same experience.
Listing on Binance is indeed the peak of short-term liquidity, but it will go through a process of distribution or accumulation.
Of course, there will also be some subtle changes:
1. The altcoin season has arrived, but the order may not be fixed.
Which sector rises first and which rises later may vary.
2. Listing on Binance is the peak of liquidity, but it also needs to consider market capitalization and market absorption capacity.
In specific situations, some coins may rise after listing before distributing/accumulating, such as $SATS and $NEIRO.
Overall, the market's “routines” don’t change much, but each “pitfall” is different. The longer you play, the more you can gradually understand these details.
"Retail investors" mistakenly believe that trading is a "zero-sum game" They believe that the money they make is the money others lose; and the money they lose must be the same amount that others have earned. When they lose money, they are filled with resentment towards those who make money — which is actually resentment they have brought upon themselves...
They completely overlook the greatest force in the trading market: economic cycles, also known as bull and bear markets. In a bull market, the vast majority of people make money, while the losses of a few cannot compare to the gains of so many; in a bear market, the vast majority of people lose money, and the losses of many are many times the gains of a few.
So, this is not a "zero-sum game" at all. If you lose money, the correct explanation is: the timing of your purchase was wrong.
1. Clear Cycle: The market generally follows a four-year cycle, such as 16-17, 20-21, and 24-25.
2. Long-term Holding: In the early stages of a bull market, it is most suitable to hold when the four-year cycle just begins.
3. Major Bull Coins Surge: Undervalued major bull coins, as long as you dare to hold them, will eventually explode.
4. Don't Compare with Mainstream Coins: Small coins can't outperform mainstream coins, and unnecessary fluctuations may lead to losses against the big players.
5. Regrets in the Bull Market: Most people regret not holding on, rather than not buying in.
6. Bull Market Impending: When everyone doubts the bull market, it is actually already here.
Conclusion: Long-term players ultimately win; don't be scared away by volatility, holding onto your assets is key.
Don't compare the bull markets of 2017 and 2021 to now.
Although I mentioned the starting point for altcoin trends at the beginning of August, many altcoins are actually just a Tyndall effect (i.e., a fleeting moment).
There hasn't been a lot of large capital entering the market, retail participation is low, the consolidation period is long, and these old coins have a particularly strong narrative, basically still featuring familiar faces.
The key point now is that the bull market cycle is still continuing; consolidation is actually an opportunity, but how long this round of consolidation will last is uncertain.
In the future, if you see altcoins that have already risen significantly, don't chase them; if you miss out, you miss out.
The real opportunities lie in the new coins that are facing widespread FUD. As long as this wave can thoroughly consolidate, form a daily bottom, and trade sideways for a while, you can participate. There is at least a chance for a double.
The core focus remains on L1, RWA, and AI in these directions.
In fact, the surge in 2021 was not that significant; the several-fold or even dozens of times increase was only concentrated in a few specific sectors, mainly new public chains, games, the metaverse, and MEME. DEFI also just had a brief frenzy before it ended. In the second half of the year, DEFI played dead. This is not to say that there were no profit opportunities in DEFI, but the major profit opportunities were in public chains, games, the metaverse, and MEME.
At the beginning of 2023, the major profit opportunities were in public chains, AI, and MEME; PEPE was born around that time. Meanwhile, the metaverse and games slowly cooled down in terms of hype. Of course, there are still profitable segment opportunities.
From the end of 2023 to the beginning of this year, the major profit opportunities were in AI, public chains, and MEME. Remember Wif and Bonk? They were born around that time. DEFI also saw Pendle surge significantly, while others performed mediocrely. At this point, the metaverse is already a thing of the past, and games only had a slight increase.
Currently, we are experiencing this wave. I don't need to say much about it. So, if a major market trend is expected in Q1 next year, the significant increases, without liquidity being injected, will still be in the new and old public chains, AI, and MEME.
Of course, there are also new concept sectors, such as RWA and Depin, AI + MEME, AI + Depin, etc. As for others, there are still segment opportunities. That's about it.
We need to understand two things at the core. First: The United States is still in a cycle of interest rate cuts, but the magnitude and frequency of interest rate cuts have decreased, but what remains unchanged is that it is still in a cycle of interest rate cuts. Second: This is more important. The US economy is still very strong. As long as the economy remains strong and companies maintain a good revenue margin, the market will rise. After all, the economy is good, companies are making money, and liquidity is sufficient. So in summary, there is no need to worry. After all, the Federal Reserve has only reduced the number of interest rate cuts. However, the liquidity itself has not been withdrawn. On the contrary, due to the strong economy, liquidity may be more sufficient.
Why do you know Bitcoin will rise, yet you still buy altcoins Why do you know the primary market is bloody, yet you still play in the primary
Why do you know that VC tokens on major exchanges are inherently self-serving, yet you still criticize Because altcoins give retail investors the dream of making multiples, because the primary market gives retail investors the dream of getting rich Because you still have hope in Binance, that's why you criticize Why do ordinary retail investors come to the crypto space? Isn't it just to turn things around and get rich? If everyone just wanted stability, they would have invested in A-shares for stability Why do you compare your investments to the Three Star Gods? Do you have infinite bullets?
For cryptocurrency, although the recent predictions of interest rate cuts are currently affecting prices, the correlation between Bitcoin and major stock indices has decreased, so there may not be a long-term impact.
"The expectation that the pace of interest rate cuts will slow down in 2025 is not entirely surprising, but it has put some pressure on risk assets, including cryptocurrencies.
While macro factors traditionally influence the price trends of cryptocurrencies, specific industry factors may dominate in the coming weeks and months, especially when the market anticipates policy changes from the incoming government." Bitcoin hasn't dropped much during this wave.
It's just that altcoins have fared much worse! Many altcoins have nearly halved! You say interest rates will be cut, but then you have to add that the economy is strong and the pace of rate cuts will slow in 2025! It's really stubborn!
After the recent correction, many altcoins have dropped significantly! In the future, altcoins with low trading volume won't drop much either, so it’s time to slowly accumulate in the spot market. When prices drop, just enter the spot market in layers!
In summary: Today do whatever and earn whatever If you have positions, you can add to them; if you're fully invested, just hold your chips and average down. This does not include Bitcoin; you can consider altcoins. For the five altcoins I emphasized, feel free to buy any of them; adding to positions is also fine. AGLD PEOPLE YGG TRB AR
Today's Fan Q&A: How is SOL? Still 200 is the support, not a big problem. Will Bome drop again? It is in a second major cycle bottoming, with short-term resistance around 75. Is there still a chance for Ondo? No problem, the bottom of the upward trend is constantly rising, waiting for acceleration. Is the Dogecoin market about to start? Not yet, the adjustment is insufficient, it should continue to fluctuate here, currently just stabilizing at the previous support of 0.34, with resistance at 0.41-0.43 above. What do you think of EDA? The trend is quite strong, pay attention to the breakout situation in the short-term range of 1-1.2. Can we buy the dip now? Is there still a chance for inscriptions? If the position is not heavy, you can buy in batches, but it is not recommended to participate in inscriptions in the short term, or do so with a light position. Will there be further corrections? Where is the low point? As long as Bitcoin doesn't break 99000, it's fine, still within the channel. Ethereum is fine as long as it doesn't break 3400-3500. Many altcoins have been washed out, and leverage has exploded in a batch. The remaining time will likely start to gradually repair and stabilize. Is the bull still around? Yes, as the year-end approaches for foreign investors, and with the new year closing, it adjusts and cleans up the leveraged contracts of altcoins, the spot market is not a big issue, just be patient.
The bull market isn't over, don't rush to jump off the building!
The logic of this cycle is very simple, Bitcoin is slowly advancing.
The altcoin phase has fluctuating markets, rising and falling. Each significant rise in altcoins, comes from the previous market that didn't rise much.
The specific performance is that retail investors are thoroughly washed out, the weekly K-line is flat enough, a grand narrative category.
In this wave, continue to pick up low-priced chips, continue to stay flat, waiting for the final madness of next year's bull market.
The final madness of the bull market is the craziest!
Dogecoin: How to Become a Millionaire When DOGE Reaches $3.2
In just 11 years, Dogecoin (DOGE) has shown an incredible growth story, becoming a legend in the cryptocurrency world! Initially just a simple memecoin, it unexpectedly made countless early investors overnight millionaires, truly a 'winner' in the 'dog' life!
What stands out the most is the support from the world's richest man, Elon Musk, for Dogecoin. This tech giant has not only publicly expressed his love for DOGE but has also introduced Dogecoin payments in several of his companies, further solidifying its position in the market. It can be said that the rise of DOGE is not merely the result of market fluctuations but rather a perfect combination of community culture and celebrity effects. On social media, discussions about Dogecoin remain fervent, with more and more investors and enthusiasts going crazy for it, forming a unique community atmosphere.