The market has been quite lively recently; BTC surged to 120,000, Ethereum touched 4,000, and many altcoins have skyrocketed. But strangely, despite the strong market, the market sentiment has not synchronized with the rise. There are no celebrations in social media, and there aren't many 'get-rich screenshots' in communities; instead, there are various laments. Behind this lies a harsh reality: the market is rising, but accounts are not, and some are even losing.
Why is this happening? I've summarized a few reasons; let's see how many apply to you:
First, the buying was wrong.
Many people did not build positions at the bottom but instead FOMO'd in at high levels and even chose the wrong coins. As a result, the coin price rose, but their coins did not move, or even went the opposite way, leaving their accounts still in the red.
Second, there are no positions left.
The wave of selling at the beginning of the year was too fierce and straightforward, washing many people out directly, cutting them at the floor. Now, as the market rises wave after wave, they can only stand by the shore watching helplessly, having no qualification to get on board.
Third, stepping on the wrong rhythm.
Previously, the market rose and fell, fell and rose, making everyone anxious. Now when we see a rise, we always feel like it's going to crash soon, selling early and ending up missing out, leading to a blown-up mentality.
Fourth, getting scared by the market.
BTC has reached 120,000, feeling it has risen too much and fearing a crash, so people dare not buy anything, just watching wave after wave pass by.
Fifth, the contract exploded.
The stronger the market, the more people want to use leverage to fight for profits. As a result, the coins have risen, but people have blown up. You can see the market but can't touch the profits.
So the current market is actually 'half of the people are making money and half are confused', and the reason you are still confused is that you haven't understood the big direction and the essence of the market.
The key question arises: Is the bull market still on?
This question is crucial; it determines whether you should get on board, adjust your positions, or withdraw directly. We see many so-called 'analyses' that love to discuss a moving average or use a few MACD or KDJ indicators to call tops and bottoms. These tools are auxiliary, not the core logic for determining trends.
The transition between bull and bear markets has never been determined by a single signal. When you look at weather changes, who can determine 'spring has come' just by looking at a few days of sunny or rainy weather? A true expert looks at climate, temperature differences, wind direction, and phenology to make a comprehensive judgment. The market is the same; true bullish and bearish judgments must consider structure, trends, volume, major player behavior, policy direction, and market sentiment.
From the weekly chart of Bitcoin, it is still operating within an upward channel, and the structure is healthy; during declines, the volume has been consistently shrinking, and major players show no signs of offloading; short-term adjustments are more about long and short battles and do not indicate the end of the bull market. In simple terms: the bull market is still on!
So where are the opportunities next?
BTC and ETH have already had a round; large market cap projects are slowly entering a consolidation phase, which signals a shift in style. In the next phase, the focus of rotation will inevitably shift from 'leaders' to 'catching up' and 'new narratives'.
But you must understand the trending spots; you can't just blindly buy a bunch of 'seemingly cheap' coins. Remember: coins that have risen often carry the highest risks, while those that haven't risen but have logic and expectations are the real opportunities.
Stop using the mindset of 'it has risen a lot before, so it will continue to rise' to choose coins. It's like going on a blind date and thinking a person is reliable just because their social media looks glamorous—rising is just the result, not the reason.
The real opportunities are always buried in corners that everyone can't see, laid out quietly before the market's attention has risen.
BTC may need to rest, but the market will not sleep.
Looking back at the last two bull markets, whenever BTC enters a consolidation phase, the market bursts with numerous doubling opportunities. From platform coins, DeFi, metaverse, AI, to now RWA, modularization, and Layer 2, every switch of hot spots is a process of funds seeking increments.
What you need to do is not to predict when BTC will rise, but to step on the main line and dig into the trending spots in advance.
Let me ask you one last question:
When the next round of market rotation happens, do you want to be a 'bystander' again?
Are you really ready this time to be a 'harvester'?
The bull market hasn't ended; the real battle has just begun.
Current market positioning guide:
The market trend has not changed: mainstream assets like Bitcoin and Ethereum are still operating within a bullish structure, and short-term fluctuations are normal.
BTC: It is recommended to primarily go long at lower levels; if it drops to the 110–115K region, you can build positions in batches.
ETH: If it retraces to around 3500, it is a controllable risk to enter.
Risk control: A retracement without volume indicates a healthy structural adjustment; if it breaks support and volume increases, it signals a cautious response.
In summary, the current market is at a stage where the trend is present, the structure is stable, and there are many opportunities, with an overall atmosphere of cautious optimism. The focus is on:
Grasp the key positions of BTC and ETH; funds are now more inclined towards structural and institutionally driven assets; if operations are done correctly, opportunities may respond to the next wave of bull market actions at any time.
