Hold on, the opportunity is here, and the moment of BTC's big rise may be just around the corner!
The current market trend is still a bull market, and institutional funds continue to flow in. They don't even care about the cost price, but only look at the future potential for growth.
Therefore, some easily bearish views can be ignored. Speculating on a callback after a slight drop, or even expecting the price to fall below $70,000, this operation lacks the grasp of the general trend.
I am still firmly bullish, and the target range of Bitcoin is $105,000. Until this price is reached, I will never easily stop profit.
The fear of short-term fluctuations is not worth mentioning. The key is to hold for the long term. If you are afraid of falling, it is better to exit the market early and put the funds in the bank.
From the end of the year to the spring of the following year, the bull market may usher in its heyday!
At present, the bull market is in the mid-term stage, and the possibility of a sharp rise in Bitcoin in the short term is low. It is expected to enter a period of shock consolidation.
During this period, the capital flow of the market may turn to altcoins and second-tier mainstream coins.
The recent strong performance of old digital currencies such as ADA and XRP indicates that the next opportunities may be concentrated in these relatively small currencies.
Looking ahead, the Federal Reserve is expected to continue to implement interest rate cuts, which will further benefit the digital currency market.
With Trump officially taking office on January 20, the market may usher in a new wave of rising enthusiasm.
Against this background, the price of Bitcoin is expected to break through the range of 100,000 to 120,000 US dollars. Other digital currencies such as Ethereum, Bitcoin Cash, and Dogecoin may also break through historical highs and usher in new glorious moments.
In this market, the most important point is to follow the flow of capital, rather than going against the trend. For example, when meme coins are soaring, everyone rushes to buy altcoins, but when the hype around meme coins cools down, altcoins start to perform, while you are still stuck in meme coins.
Market hotspots are constantly switching, and we need to choose the direction with the least resistance to place our bets.
As I mentioned on the 26th, capital has shifted from meme coins to altcoins. This week, almost all the significant gains were in altcoins, with only a few meme coins experiencing fluctuations due to news but quickly returning to calm.
Therefore, we must closely follow the direction of hot money and never go against the market, so we can seize the real opportunities.
Key Points for Bull Market Investors to Keep in Mind:
In a bull market, the hottest cryptocurrencies often experience the deepest pullbacks and the largest declines.
Truly promising cryptocurrencies (like 100x coins) are usually not widely publicized; instead, only a few people mention them when market attention is low.
Factors such as market capitalization, number of exchange listings, number of holders, and institutional support should not be the main criteria for choosing cryptocurrencies.
Market trends typically display a smooth curve rather than drastic fluctuations.
There are always 'killers' in the market who influence the price movements.
The methods of pumping altcoins are mostly similar, and the pumping process is usually quite lengthy.
New cryptocurrencies often experience a rapid increase followed by a quick pullback; these types of coins should not be entered lightly.
Investors who chase prices will ultimately become targets of the 'killers' in the market.
Sometimes, after buying, the price drops, and after selling, the price rises; this aligns with the inertia of the market and is difficult to avoid.
If the price rises after buying and profits reach 5%-20%, a sudden pullback may signify the market is starting to 'harvest'.
Based on the performance of the top 100 active altcoins over the past three months, Meme coins maintain an important market position due to their high speculation and social effects, making them difficult to replace by other types of coins in the short term.
Currently, the market's speculation logic differs from the past, with retail investors more inclined to focus on Meme coins rather than traditional large-cap coins.
Among large-cap coins, institutions and large funds have relatively lower return expectations, so they prefer projects with larger market capitalizations. In fact, apart from Bitcoin, the top ten coins by market capitalization are generally favored by institutions.
Bitcoin (BTC) has risen 130% so far this year, mainly driven by the 2024 U.S. presidential election and the halving event in April.
Despite the continuous rise in Bitcoin's price, its market dominance is gradually declining. As of November 30, 2024, Bitcoin's market share has fallen to 56.1%, indicating that investors are gradually taking profits and turning to the altcoin market, suggesting that the altcoin season may be just around the corner.
If a pullback occurs soon, projects like SOL, ETH, PEPE, and DOGE may present good opportunities for accumulation at lower prices.
This round of market activity is not yet over, and there is still a long way to go before reaching the peak of this market cycle.
As BTC and the meme sector undergo adjustments, capital is flowing towards Ethereum ecosystem tokens and previously overlooked niche altcoins.
Interestingly, some established altcoins, such as XRP, ADA, XLM, and EOS, have shown even stronger gains, with XRP making a significant rebound to reclaim a spot among the top three by market capitalization, reaching a total market cap of as much as $250 billion.
A deeper investigation into these tokens reveals some common characteristics. They have all gone through a long phase of bottom consolidation, during which they neither rode the wave of trending topics nor were buoyed by novel concepts, leading retail investors to gradually lose patience, with a substantial amount of their holdings dissipating to almost nothing.
Meanwhile, the institutional players quietly absorbed these tokens, achieving a highly controlled situation. Because of this, even though these tokens now have a considerable market cap, they face relatively little resistance when being pumped.
However, this phenomenon raises questions: will such market trends lead to an early conclusion of the altcoin season? Looking back at this round of market activity, BTC took the lead in rising, followed closely by the meme sector, while Ethereum ecosystem altcoins have also started to catch up; even long-established niche coins are now surging significantly. Does this mean that the rotation of capital is nearing its end, reaching the final leg?
In a bull market, the more popular the coins are, the faster and deeper they tend to fall.
Truly potential coins, especially those that could increase a hundredfold, are rarely heavily promoted in the market, and usually only a few people mention them occasionally in the early stages (when traffic is low).
Market capitalization, the number of exchanges listed, the number of holders, and investment institutions are not reliable criteria for choosing coins.
Market fluctuations are often smooth curve changes rather than sharp jumps.
There will always be people selling off in the market, causing panic.
The pump-and-dump tactics of altcoins are generally similar, and the process of rising usually takes a long time.
New coins often experience a surge followed by a crash, and these types of coins are best avoided.
Similarly, there will always be those investors chasing prices, which can also lead to market fluctuations.
When you buy, the price often drops, and when you sell, it tends to rise; this is like the norm of the market and hard to change.
If the price of a coin rises instead of falling after you buy, and suddenly starts to pull back after a profit of 5%-20%, it usually means that this coin has entered the harvesting stage.
The technical chart of ETH clearly indicates the current trend structure. The purple area represents the oscillation range after the rebound, while the black area is the range where the current price is situated.
At this stage, the price is facing the selling pressure area of the black range. Until it breaks through and stabilizes above this area, it is still recommended to primarily operate with short positions. Consider entering the market within the range of 3700-3750, with a target of at least 100+.
Weekly: Currently, a bearish candlestick with a long lower shadow and short upper shadow has appeared, accompanied by a decrease in volume. The MA30 shows an upward trend, and the MACD momentum is gradually weakening; the pullback has just begun.
If the daily chart does not reach a new high, 264.39 may be a short-term top.
After the adjustment, there is still room for upward movement, and $300 is unlikely to be the top of this bull market.
Daily: A doji candlestick is forming, and the market is experiencing a decrease in volume and volatility. The MA30 remains upward, while the downward momentum of the MACD is strengthening, with prices approaching the MA30 line.
If there is a rebound after the pullback, it will indicate a healthy trend, and once the adjustment is in place, it may be the right time to enter the market.
In November, the performance of public chains and strong coins has already shown a 2-3 times increase, and the currencies that have entered the first tier are rising rapidly. Next, the market will enter a stage of rotation among new coins, newly listed coins, and various sectors, and a wave of explosive growth is expected.
However, the current operations of the 'dog fund' are quite unpredictable—will they directly start the rally in December, or will they consolidate until January before launching the market? The rhythm of the bull market is causing considerable anxiety, especially with the increased short-term volatility, but in the long run, market sentiment remains bullish.
Overall, this round of the bull market is still full of uncertainty, and operations need to be more cautious, seizing the right timing for entry and exit.
For STX, according to the current 3D disk, the price has indeed encountered certain resistance in the gray area as I expected. Combined with the oscillator being in the overbought stage, if I plan to enter the market, I will choose to wait for the price to fall back to the 1.9 area before entering the market.
When the oscillator is in the oversold stage, you can open a position normally, but if you enter the market in the overbought stage, I suggest you test the water with a small position first, and then consider adding positions after confirming the support after the pullback. This operation can reduce risks while ensuring that the layout is made in the appropriate price range.
Spot target: Major, current price is $1.12, first buy a portion of the first position, and then cover the position when it falls back.
First target: $1.6, second target: above $2.
Major has been very popular recently. It has just been online for a few days, with a total supply of 100 million, a current circulation of 85 million, a circulation market value of 96.5 million US dollars, and a total market value of 114 million. This opportunity is worth paying attention to, and family members can actively participate and wait for good news!
After a wave of pullbacks (sideways consolidation), ACT has returned to the bottom after a rest, and the buying power has returned, and it has begun to show strong upward momentum and rise rapidly.
Because the current performance is too strong, blindly entering the market may face greater risks, so it is recommended to wait and see first.
Pay attention to the upper pressure levels: 0.638, 0.694, 0.756; the lower support levels are 0.585, 0.556, and 0.506.
The main reasons why I am optimistic about BNB are as follows:
BNBChain has increased its support and launched the THE project, which is good news for BNB.
The benefits of BNB holders are increasing, which means that the demand for BNB will rise further.
From the perspective of THE, it is similar to the ecological flywheel of ve33. The stronger the ecology, the higher the value of ve33. And this flywheel effect will eventually feed back to BNB and increase its value.
I began to focus on the BNBChain ecology, especially the OPBNB ecology. The opportunity in this field lies in finding the next "Shanganan"-style project.
The cyclical changes in the market determine the transformation of our investment strategy:
Bull market: Be patient and hold on to seize the opportunity of a big rise. Bear market: Keep short positions to prevent losses from continuing to expand. Monkey market: Seize short-term fluctuations and run as soon as you make money.
Bear market turns to bull market: At this time, you should dare to act decisively to strive for maximum returns.
Bull market turns to bear market: At this time, you should quickly clear your positions, lock in existing profits, and avoid giving up.
The question now is: Do you know the current stage of the market? Can you truly achieve unity of knowledge and action and adjust your strategy in time?
There is a practical and reliable method for speculating in cryptocurrencies. It seems simple but hides a way to make money.
First select the target and pay attention to the currencies that have risen well in the past 11 days, but don't rush into the market. If a certain currency has fallen for more than three consecutive days, it is likely that people have been trapped and should be abandoned decisively.
Check the K-line chart and focus on the coins with a golden cross in the monthly MACD. These coins are like climbing a hill with strong momentum and sufficient stamina.
Then focus on the daily line, and the 60-day moving average is the key "ruler". If the price of the currency falls near this line and the trading volume increases sharply, it is a good opportunity to enter the market and buy decisively. At this time, this line is the bottom line of holding positions. As long as the price of the currency sticks to it, you can hold it with confidence. Once it falls below, don't hesitate and sell it immediately.
Investment should be planned, and stop in time after the band profit.
Sell part of it first when it rises by 30% to lock in profits, and sell some more when it reaches 50% to build a solid safety line.
If the price of the currency falls below the 60-day moving average the day after you buy it, you must not be lucky or reluctant to give up, and you must decisively clear your position. The lucky mentality is "investment poison" and must be abandoned.
The core of currency speculation is to protect the principal. Even if you sell it too early and miss the big rise, it doesn't matter. Opportunities are always there. In the final analysis, it is not difficult to make a profit, but it is not easy to strictly abide by the rules. For example, the iron rule of "selling all when the price of the currency falls below the 60-day moving average" is rarely practiced, but it must be used to restrain oneself, restrain greed, and operate steadily, so that you can go steady and far on the road of currency speculation.
Yesterday, the overall fluctuation of Bitcoin (bread) market was small, and it continued to fluctuate in a specific range. The price was neither up nor down, which was really painful.
The 4-hour K-line first bottomed out and reversed in a V shape, but failed to break through and attack later, and then started consolidation and repair at a high level, showing a state of accumulation.
Judging from the comprehensive judgment of the market in each cycle, the market's confidence in hitting the 100,000 mark is high, and the overall situation is still under the control of bulls. #山寨币走势展望 #BSC生态活力释放 #市场回暖新机遇 #以太坊时刻到来?
At present, the cryptocurrency market is in the early stage of a bull market, and the subsequent trend may be even more enthusiastic.
The reasons are as follows: First, the time dimension. This round of bull market will not start until the halving of Bitcoin in 2024. If the optimistic sentiment continues, it is expected to last until the second half of 2025 or even longer.
Second, policy expectations. If Trump regains power in January 2025, he may introduce favorable cryptocurrency policies to strongly boost the market.
Third, the flow of funds. In the first half of 2025, the Federal Reserve is likely to cut interest rates, which will prompt more funds to flow into the cryptocurrency market.
In addition, past experience shows that Bitcoin often welcomes a big bull market about 6 months after each halving. In November 2024, Bitcoin just halved and the market started.
In summary, the craziest stage of the bull market has not yet arrived, and everyone can be prepared to welcome the subsequent market.
Ethereum has recently shown significant signs of a rebound. From the weekly chart, the price has broken through the bottom range, with two consecutive bullish candles forming a typical U-shaped bottom pattern.
As the MACD successfully rises above the zero line, the technical indicators are sending strong bullish signals, suggesting that the market may welcome a wave of strong upward momentum in the future.
The initial target points to the resistance area around 3800 USD. If there is a pullback to around 3450 USD in the short term, it may be worth considering increasing spot positions to take advantage of the lower prices, as the potential for future increases is worth paying attention to.