Don't expect a V-shaped reversal in BTC this time!
From last November until now, all ups and downs have been driven by events and capital accumulation—without any sudden major positive news, the main upward trend has been a choppy climb with two steps forward and one step back, and the downturns have mostly been gradual declines.
Currently, the big cycle is far from being in place, the interest rate cut timetable is still uncertain, and the US dollar index is still floating high, but there is an overwhelming amount of money in the market, making FOMO sentiment ready to explode at any time. In the short term, keep an eye on three things: when will the Fed taper, what rhetoric will Trump unleash next, and whether there are any new developments in crypto regulation.
Right now, BTC is bouncing around in the range of 107,000-110,500, with fluctuations of two to three thousand dollars enough for short-term traders to have a few days of fun, but don't expect an immediate breakout—referring to what Ni Da said, this kind of sideways movement at least needs to grind for a week to start.
To be honest, we are currently in a bargaining phase like a market; both bulls and bears are waiting for new information to set their prices. Trump's statements are less reliable than weather forecasts, while the Fed's actions can be somewhat predicted, but they cannot withstand a black swan event.
How to play mid to long-term contracts? Assess your own risk appetite! If there are no new stories to stimulate the market this week, it's likely to continue rotating within this range, and the old stablecoin protocols have long been chewed up by the market; unless there's a new script, don't expect a one-sided market.
Remember: there is no cryptocurrency market that always goes up, nor is there an abyss that always goes down; the emotional pendulum will eventually swing back, and the key is to bet in the right direction before it swings!
The market has experienced a sharp decline, and next I will prepare some suitable coins for bottom fishing as a recovery plan. If you're feeling lost and helpless, pay attention to me! Choice is greater than effort!