Today is the weekend, market fluctuations are small
Summary of key points:
1. Yesterday, Bitcoin ETF outflow was 288 million, Ethereum ETF net inflow was 47.77 million USD
2. 64 million $SUI tokens will be unlocked on January 1st
3. Over the past 6 months, profits from Pepe reached 4.92 million, with an additional investment of 2.79 million USD made at dawn, average price 0.0000001742
4. Whales have accumulated a total of 3.58 million LINK in the past 3 days
5. FLOKI will launch a game in the first quarter
6. The circulation of USDC has increased by approximately 1.1 billion in the past 7 days
The biggest reason for losing money even in a bull market is: being too anxious and too impulsive
The logic of a bull market is completely different from that of a bear market. In a bear market, there are only a few good assets, so you need to watch more, look for various information, and find the real key from it
The biggest problem in a bull market is that all coins are rising. If you buy this one because it goes up today, and then switch to that one because it goes up tomorrow, in the end, you won’t have captured anything
Therefore, when the overall trend is clear, choose a few and hold on to them, blocking out the noise.
1. Trump takes office on the 20th As everyone knows, after taking office, we will see the positive statements about cryptocurrency from the old man that will influence the market, which are likely to lead to positive developments. So for now, just hold on patiently.
FTX's 16 billion repayment This is the closest to us, and the news is that repayments will start on January 6th, with an expectation to complete the repayment of 16 billion within 60 days. Such a massive influx of funds into the market could be a key signal to drive a comprehensive rebound in the crypto space, even reaching a new level.
Ethereum Staking ETF The Ethereum staking feature is expected to be launched after Trump takes office, which will enhance Ethereum's attractiveness and is likely to attract a large amount of buying pressure. Staking applications are expected to appear in January, and even before the Christmas holiday, the market had already seen an influx of 131 million dollars in buying funds, indicating that institutions in the market are also looking forward to the start of staking.
Ethereum Prague Upgrade Looking back at past Ethereum upgrades, basically every time there is an upgrade, its price tends to experience a good main upward wave within three months. According to historical patterns, this upgrade is also expected to yield results in January, but it is uncertain whether it will be delayed. However, each upgrade of Ethereum has experienced delays, but this does not affect the arrival of the final main upward wave.
Through in-depth observation of the trends of some quality altcoins, you will find that they have a common characteristic:
Most of them started to rebound around the phase low point on November 6, gradually rising until around December 6 before declining.
The bullish cycles in the crypto market are usually short, while the bearish and volatile markets last much longer. It's not that there was no rise; in fact, by November, many were blooming, with even many 'century-old iron trees' flowering!
Therefore, it cannot be said that there are no opportunities in the crypto market, but why do many people end up losing money during bullish trends?
The key lies in their failure to make the right trading strategies at the right time. Many people remain stuck in past thinking, believing that as long as prices rise, they will continue to rise, assuming that without a tenfold or hundredfold increase, it does not count as a real rise. This mindset leads to frequent 'roller coaster' fluctuations.
In fact, if one puts in the effort for investment research and carefully analyzes the essence of candlestick patterns, many rules can still be discovered. We should not be limited to the so-called 'bull and bear' cycles but should pay more attention to the thinking patterns of 'phase markets.' Different phases require different trading strategies, while the rest should be left to time for validation.
This may be the last weekend holiday of 2024. The market is still in a vast sideways movement, but the quieter it is, the more cautious we need to be. Downtrends are often accompanied by negative news. Currently, there are no obvious negative news or black swan events. Here, I remind everyone that the end of the year is approaching, so protect your wallet. When trading, one should always be prepared and never have a gambling mentality. First, calm yourself down and seriously think about the logic of trading and the experiences from this year's investments. Continue with what is right and summarize and correct what is wrong. Let's all make money together in next year's bull market!!!
1. The main source of funds for this bull market is driven by American capital.
2. The United States is still in a holiday atmosphere (from Christmas to New Year), which has affected market liquidity to some extent.
3. It can be inferred that current market liquidity is not abundant, especially during weekends. We can observe that there is a negative premium between CB's BTC spot and BN, which further confirms the tight state of market liquidity.
Regarding today's Bitcoin market, a typical M-top pattern has emerged in the short term. However, it is important to note that this pattern is not suitable to be used alone as a basis for opening long or short positions. We need to consider the overall market state and find key positions within the pattern to formulate trading strategies.
Ethereum is set to achieve a significant breakthrough in Q1 2025, with altcoins expected to follow suit
As Ethereum (ETH) steadily breaks through the $3,300 barrier, market analysts begin to predict a potential recovery that could reshape the altcoin landscape. Currently, ETH is trading at $3,321, showing significant resilience, especially amid the broad market correction led by Bitcoin (BTC). The recent decline tested ETH's key support level at $3,290, effectively preventing it from falling towards the important psychological level of $3,000. Will Ethereum reach $14,000 by March 2025? Cryptocurrency expert Crypto Rover boldly predicts that ETH will experience a 'breakout' in the first quarter (Q1) of 2025, a forecast that has made headlines. The historical trends of Bitcoin's halving have bolstered his confidence, especially in 2017 and 2021, when ETH experienced significant double-digit growth from January to March.
I have always thought that altcoins only have the opportunity to rise significantly during 'hot seasons'.
So what is a 'hot season'?
1. Not every altcoin will surge, and the market will not be uniformly hot.
2. Only 1 to 3 sectors will experience rotational surges.
During each hot season in the secondary market, the rise of hot coins typically ranges from 3 to 5 times.
When BTC is fluctuating, it is precisely during these times that hot altcoins perform the best.
It is very normal to see waves of rises and falls.
Usually, the sectors that everyone is optimistic about will often have delayed explosions, while the sectors that are less noticed will explode earlier.
In this bull market, one should earn slowly. If you are eager to make quick money, you are more likely to miss opportunities.
Last adjustment, cherish the opportunity to board cz has hinted that now is alt season, which is the season of altcoins, and alt season is rotating! BTC is currently oscillating in the range of 92500-99500, the daily line has not shown a downward spike, making it difficult to reverse. Many altcoins are no longer falling with BTC, a bottom range has already formed. Regardless of how January adjusts, this is everyone's last opportunity to board. I am very optimistic about the performance of ETH and altcoins in 2025, especially from February to March. Coins related to Trump and the gray market concept are all good!
BTC has shown strong rebound momentum and is currently priced at $96,876, recovering from an intraday low of $94,646.
It reached a high of $97,544, approaching a key resistance area.
If BTC breaks above $97,544, it is likely to rise further, providing a good entry opportunity for buyers.
However, if the price encounters resistance at this point, a pullback is likely, with the target support level of $95,500 or lower.
Traders should pay close attention to these key levels, adjust positions flexibly, and set a strict stop-loss strategy to effectively control risks and maximize gains.
One is the "sharp rise and plummet" type, like a big whale secretly accumulating power, the price first soars and then slowly falls, in fact, they are planning the next wave of gains and collecting chips
The second is the "diving and slow climbing type", the price plummets and then rises slowly, which may be a signal of big players withdrawing funds and bankers selling, and the market may turn cold
The current Bitcoin and Ethereum markets still have opportunities to make a fortune
We just need to wait patiently for the price to pull back. At that time, I will lead you to explore the huge profit opportunities of small-cap coins, bottom-fishing and layout spot, doubling is a piece of cake. Don't miss it, you will regret it if you miss it!
It is necessary to remind everyone that the pace of this bull market will be very fast
This round of bull market has the worst holding experience in history, except for the big cake. 99% of the time is floating loss/holding orders, and 1% of the time is pulling the market, and the pulling cycle is also very short and fast.
I repeatedly remind you that the pace of this bull market will be very fast, mainly referring to the rhythm of pulling the market. The rhythm will also be very fast when the market is pulled up. Don't have a pattern or fantasy.
Since Trump was elected, why there is a bull market, why Ethereum will rise, and why the copycat will rise. I have analyzed everything that should be analyzed from various dimensions. You can go back and read the previous articles.
Ethereum is not a real pull now. It has to wait until it continues to increase in volume to enter the pull stage. The real pull is continuous increase in volume, volume and price rise together, and it will rise very quickly.
In this round of cycle, the game between retail investors and dealers is very fierce. Most people can't wait for that 1% pull time, and most of those who wait don't know when to run.
Once Ethereum starts to pull up, the whole rhythm will be very fast. You need to overcome fear at the bottom and greed at the top. When it is time to run, I will notify everyone in the community as soon as possible. Don't drag your feet when running.
There are big opportunities when there are fluctuations. Next year's bull market will be much better than today, and the fluctuations will be more intense. Washing is a necessary link. In this market environment, it is difficult to really make money without patience and faith.
When you lose confidence in Bitcoin, just look at El Salvador, MicroStrategy, and BlackRock, who have been continuously increasing their Bitcoin holdings. Therefore, in the medium to long term, 108,000 is far from the peak of this bullish market. On January 20th, Trump took office as President of the United States. If the proposal for the U.S. to treat Bitcoin as a reserve asset is passed, a major bull market celebration is still to come.
To put it simply, when a big market trend occurs, the first wave will be followed by a small altcoin market, then after a slight adjustment, the second wave of a big altcoin market will come!
Currently, this round of market has lasted for three months, and the Bitcoin dominance has also decreased. After about four weeks of fluctuation, the adjustment time is already in place, which lays the foundation for the altcoin explosion. Don't rush into full altcoin positions; the arrival of the altcoin season requires not only Bitcoin but also sufficient sentiment and capital overflow.
For a true altcoin season to come, Bitcoin needs to rise steadily, and Ethereum must maintain a strong upward trend. The combination of these two factors is the best driving force for sentiment and capital. Everyone can recall that in November, the slight strength of altcoins was experienced during the BTC siphoning phase, combined with Ethereum frequently breaking resistance levels. Looking back, during the BTC siphoning, Ethereum surged; many altcoins completed moves of more than 2-3 times during this phase, while weaker ones still gained over 50%. Therefore, if these conditions are not met, it will be difficult for altcoins to have an overall explosive day.
Returning to the main topic, saying this is not to stifle everyone's confidence and expectations, but to make everyone understand that while we anticipate the altcoin season, we must also be cautious of the risk of decline. Once Bitcoin and Ethereum begin to adjust, altcoins will also face adjustments. So, we just need to perform well in the market of whichever stage we are in.
The altcoin season will not happen directly here, and the real expectations will be changed by the statements released after Trump takes office, affecting the pattern of altcoins and the inflow of funds. Relying solely on the current capital situation, it is difficult for altcoins to meet everyone's expectations.
Remember these three iron rules of the crypto world:
First, protect your principal and don't go all in Second, relying on news to trade cryptocurrencies will lead to your downfall Third, after making a profit, hold Bitcoin instead of altcoins
The volatility of the market is beyond your imagination,
There are cyclical patterns in the market, but above the rules, there is another layer: chaos, chaos governs everything!
For long-term layout, you can refer to COW, Dex platform coins, and similar types to Uni. If we compare with Uni's trading volume, COW's price is underestimated. Moreover, with Trump in the world of finance and Vitalik frequently using COW for trading, celebrity endorsements will surely become popular sooner or later.
For those with ideas, it is recommended to build a position around 0.90!
In a bull market, many people take "breaking even" as their goal, but is that really enough?
The significance of a bull market lies in wealth appreciation, not simply compensating for losses. If you haven't made money even in a bull market, it's time to seriously reflect on your strategy and execution.
Think about it, there is at least another six months of bull market ahead, and this is a great opportunity for a turnaround!
Adjust your mindset, optimize your strategy, and sincerely grasp the upcoming market trends; this next six months is enough for you to achieve a real leap in wealth.
Bull markets are not common, don't let the opportunity slip away from you!