币姥爷
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January 17, 2025
The price of Bitcoin broke through 100,000 again, but it is still hovering in the pressure range without a direct breakthrough. According to past experience, every time it hovers in the pressure or support level, it is likely to fail. It’s just that the story of "the wolf is coming" will definitely not be played all the time. There will always be a real breakthrough, and sometimes it will be accompanied by a false breakthrough. Therefore, if you want to do this kind of market through contracts, it is not easy. For example, at this time, sell some spot goods, and if they really fly, just stop profit.
This wave of rise is mainly due to the positive hype of Trump's upcoming inauguration, including xrp, etc., and it is rumored that ETF will be opened. However, in my opinion, it is just a narrative of hype. The core is still the main force of these old coins, and they have the strength to pull the market and dare to pull the market. In the last round of rotation sectors, the old mainstream took the lead. In this wave, there is a chance to continue to rotate downwards.
What sector is down? Mainly Ethereum, DeFi, etc., but Ethereum is indeed very weak compared to Bitcoin. As everyone said, when Bitcoin reached 100,000 for the first time, ETH still had 4,000, and then it became 3,700, 3,600, and now 3,400. In fact, I know that although everyone scolds ETH, they have not given up on it in their hearts, and they are even secretly adding positions. This feeling is like treating their own children. The scolding is just a pity and ridicule.
Next, let's see if Bitcoin really breaks through. In terms of operation, I would suggest dealing with it at the pressure level, that is, continue to sell at 90-92000 to buy the bottom. Of course, like ETH and other cottages, it hasn't risen much, so wait a little longer. Without 20-30 points of profit, it's really meaningless to sell it. Continue to look forward to it.
Thank you for your attention and likes. Everyone come to my 币安聊天群 to be active, and I will give some benefits at the end of the year based on the activity level.
The price of Bitcoin broke through 100,000 again, but it is still hovering in the pressure range without a direct breakthrough. According to past experience, every time it hovers in the pressure or support level, it is likely to fail. It’s just that the story of "the wolf is coming" will definitely not be played all the time. There will always be a real breakthrough, and sometimes it will be accompanied by a false breakthrough. Therefore, if you want to do this kind of market through contracts, it is not easy. For example, at this time, sell some spot goods, and if they really fly, just stop profit.
This wave of rise is mainly due to the positive hype of Trump's upcoming inauguration, including xrp, etc., and it is rumored that ETF will be opened. However, in my opinion, it is just a narrative of hype. The core is still the main force of these old coins, and they have the strength to pull the market and dare to pull the market. In the last round of rotation sectors, the old mainstream took the lead. In this wave, there is a chance to continue to rotate downwards.
What sector is down? Mainly Ethereum, DeFi, etc., but Ethereum is indeed very weak compared to Bitcoin. As everyone said, when Bitcoin reached 100,000 for the first time, ETH still had 4,000, and then it became 3,700, 3,600, and now 3,400. In fact, I know that although everyone scolds ETH, they have not given up on it in their hearts, and they are even secretly adding positions. This feeling is like treating their own children. The scolding is just a pity and ridicule.
Next, let's see if Bitcoin really breaks through. In terms of operation, I would suggest dealing with it at the pressure level, that is, continue to sell at 90-92000 to buy the bottom. Of course, like ETH and other cottages, it hasn't risen much, so wait a little longer. Without 20-30 points of profit, it's really meaningless to sell it. Continue to look forward to it.
Thank you for your attention and likes. Everyone come to my 币安聊天群 to be active, and I will give some benefits at the end of the year based on the activity level.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.