• Yesterday's market correction, although Bitcoin hardly fell, altcoins fell sharply, many of which fell by more than 5%. It feels like when your altcoins are about to recover their investment, they suddenly stop rising and fall back to where they were. The market is so unstable, with ups and downs, and today's market may be completely different from yesterday.

The four stages of a bull market

Looking back at history, bull markets usually have four stages:

Pessimistic stage: No one sees hope, and the bull market has just begun.

Doubt stage: The market starts to rise, but many people don’t dare to believe it, and many people are still questioning it at this time.

Optimistic phase: When the market rises steadily, investors begin to get excited and the bull market matures.

Excitement stage: the final frenzy stage, when the market rises too fast, risks begin to emerge, and the bull market gradually ends.

What stage is the market in now? According to my observation, we are still in the early stage of the bull market. It is normal for the market to fall back, so there is no need to worry too much.

Market trend analysis: Now is a good time for a bull market

If you are still immersed in the volatile market in the past few months, you need to get rid of your old operating habits. The current market has entered a bull market phase, and following the trend is the best choice. You can regard Trump's victory as a symbolic "first step". Now with the official launch of the interest rate cut cycle, the bull market has not ended. Many institutions are still buying a large amount of Bitcoin and altcoins, indicating that the market has not reached its peak.

A callback is a good opportunity

In last night's pullback, we saw that Bitcoin and Dogecoin were the main players, followed by some other meme coins. Every time the market pulls back, we can see which coins are stronger. For coins like Dogecoin (DOGE), Peanut (PNUT), and Neiro, although some coins have broken through new highs, some have made a V-shaped reversal, and pullbacks are often good opportunities to enter the market.

In a bull market, remember this sentence: "Every pullback is a good opportunity to get on board." But be careful not to blindly increase leverage or open contracts. The most important thing is to ensure the safety of your principal before considering making money.

How will the market develop in the future? Pay attention to these factors

The CPI data will be released at 9:30 tonight, so everyone should pay attention to market fluctuations. Although the bull market has not ended, it does not mean that the market will not pull back. There is no obvious top signal yet, and we are still in the first wave of rising. There may be adjustments later, but it will eventually hit a new high.

So what will the market trend be like next? I analyzed it based on the following factors:

On-chain data: The current supply of Bitcoin is close to the risk limit, which means that the market may experience a large correction in the 90,000-110,000 range.

Long-short position ratio: Changes in the long and short forces in the contract market will also affect price fluctuations.

CME futures data: Gaps in the futures market are an important indicator for analyzing price trends.

Market Sentiment: The overall market sentiment and investor confidence directly influence market trends.

Altcoin situation: The performance of altcoins often reflects the direction of the market.

Bitcoin support levels

Judging from the on-chain data, the supply of Bitcoin is close to the limit of short-term risk, which may mean that we will see a pullback in the 90,000 to 110,000 range. In areas like 77,000-79,000 and 82,000-86,000, the market chips are scattered and it is difficult to form strong support. The real support level may appear below 81,000 or 77,000.

Altcoin Hotspot: The Rise of Dogecoin

The recent market hotspot is that Musk was appointed as the director of the Department of Government Efficiency (DOGE), the market value of Dogecoin (DOGE) exceeded 60 billion US dollars, and related dog-related meme coins such as Dogecoin (DOGE), BONK, FLOKI, NEIRO, etc. have all seen a sharp rise. In the future, DOGE and PNUT may rise in a spiral.

Differences between Dogecoins:

Neiro: It mainly relies on traffic within the circle and it is difficult to reach the same level as SHIB.

PNUT: There are strong cultural and political values ​​behind it and it has huge potential.

DOGE: It is still the core leader. Although it has the largest market value, its room for growth is still to be explored, especially the launch of DOGE ETF, which may drive its growth.

At present, DOGE is the leader of the market, and PNUT may become the next SHIB and rise rapidly. If you can get PNUT now, you may have mastered the core chips and are expected to get good returns in the future.

Operational strategies in a bull market

In every bull market cycle of cryptocurrency, the time window for real money making is usually concentrated within 1-3 months. You need to adjust your operation strategy according to different stages:

Early stage of bull market: there are many opportunities, high error tolerance, and great room for growth. At this time, you should act decisively and increase your position appropriately.

Mid-term bull market: Need to remain stable and control positions reasonably to avoid being trapped due to too large positions.

In the late stage of the bull market: always be alert to market risks, keep a clear head, exit decisively, and lock in profits.

In general, now is a good time to enter the bull market. If you seize the opportunity of the pullback and operate steadily, there may be greater room for growth in the next few months.

The bull market is coming, brothers, come and gather here!

At present, the bull market has basically started. With the relaxation of policies, there will be many opportunities waiting for us to layout. The group will recommend wealth codes from time to time to help everyone seize the next bull market! Let's realize our goals and dreams in the cryptocurrency circle together!

Today’s article ends here, see you next time!

Investing involves risks. The above content is personal sharing and does not constitute investment advice!


The community group is open to the public for free......


If you want to join, please contact directly 👇🏼👇🏼👇🏼

V:YY-BHGG