In the past few days, Thirteen has mostly been posting articles in the square. If there are friends who haven't followed Thirteen in the square, be sure to pay attention.
The market has been oscillating along the horizontal line these days. In a previous article, I gave a rough analysis of the market, and my views remain unchanged.
Bitcoin may enter a correction period, which I believe will last about 1 to 2 months. Predictions about the future are mostly guesses, so if the market trends do not align with my predictions, please do not criticize.
Thirteen is not an omniscient prophet; I am just an ordinary person who has spent a bit more time in the cryptocurrency space, maintaining a better mindset and finding a way to survive in the crypto world.
During this period, there is a high probability that Bitcoin will continue to oscillate horizontally and gradually decline.
However, Ethereum may initiate a rally while Bitcoin is consolidating, which could also trigger a surge in altcoins.
After all, based on Ethereum's current price, it is indeed too low compared to Bitcoin. Ethereum needs to be at least above 3000 when Bitcoin reaches 110,000 to 120,000.
When Bitcoin hits 150,000, Ethereum is likely to be around 5000.
The market has actually risen a lot since the lows, and the current market sentiment is relatively optimistic.
Whenever the market rises, there are always many newcomers entering the cryptocurrency space. Their funds will come in at high levels and push the market further.
However, these newcomers generally end up buying at high points.
This bull market can indeed reach above 150,000 or even higher, but for most people in the crypto space, it will be difficult to get in at that time.
But I believe that our friends in the Thirteen circle will definitely be able to.