Panic among retail investors! A great opportunity in the crypto space!
Looking back at the last bull market from 2020 to 2021, Bitcoin rose from the end of September 2020 to December 2020, while all DeFi coins were correcting, and most altcoins were basically stagnant. Bitcoin was the only standout, rising from 10,000 to nearly double. Meanwhile, the leading DeFi coin UNI fell from a low of $8 to $1.
In February 2021, Bitcoin was approaching its peak of 60,000, while Ethereum was still hovering below 2,000. You can review the K-line for the subsequent trend; Ethereum's price surged from 2,200 to over 4,000 in just two weeks.
We must recognize one thing: Bitcoin determines the overall trend of the crypto market, but! The rhythm and lifecycle of altcoins and Bitcoin are different.
Why do I insist that this bull market will have an altcoin season?
From an emotional perspective: the market often arises in despair, rises in hesitation, and collapses in madness; this is human nature.
The delicate trading methods of Wall Street have made this bull market much calmer compared to previous ones; they can make the market harder to play with their strong funds and top-notch control, making us feel that this time is different from before. However, the only thing they cannot change is human nature, because as long as there are people participating in trading, they cannot escape human nature.
Looking at the market in despair, do you think the market is crazy now?
Holding coins is like guarding a widow; in the trading market, whether it rises, falls, or consolidates, it constantly stimulates our nerves. What we can do is choose a strategy that suits us and stick to it.
At this time point: holding is correct, waiting for the explosive altcoin season; exiting is also fine, as Bitcoin has already yielded 5-6 times profit.
Don't pull others down; it’s meaningless. In the end, we are only facing our own wallets and our own lives. As long as this cycle is profitable and changes or improves our lives, what else matters?
If you firmly believe in the bull trend, you must pay attention to the best buying points that will appear soon!
Bitcoin is falling, and altcoins are not following; this is a strong signal. Altcoins are currently performing well, such as Zen, Usual, Aave, etc., which can be focused on.
On the 4-hour level, we need to see if it can break below 92,000. If it does not break and remains volatile, the altcoin market will continue. If it breaks, it will short-term retest the support near 90,000. In any case, during the bull market cycle, pullbacks are excellent opportunities for entry. When it drops quickly, a V-shaped recovery will also be quick, so there’s nothing to be afraid of.
Currently, the overall market trend is still in a state of volatile bottom exploration, gradually probing lower.
The closer BTC gets to 90,000, the greater the opportunity. If the market is strong during this period, it is highly likely that the monthly line will close positively, and the best buying point will appear before the 31st. If the market is weak, the best buying point will appear in early January!
Patiently wait for opportunities; the main rising wave is still ahead!
If you ask me what coin to buy?
Just observe the flow of funds and the rise and fall rankings; don’t think that altcoins with no volume can be bottom-fished at the bottom. If the funds don’t favor it, it doesn’t matter how low the price is.
The market share of BTC has started to slowly decline, and funds may choose to wait or reinvest in other altcoins. At this time, you will see a polarized market: some altcoins fall with BTC, while others rise with ETH.
If altcoins had levels:
Kings: RWA related ONDO, OM, CRV, XLM, XRP, HBAR
Diamonds: Trump/Musk related AAVE, LINK, COW, DOGE
Gold: AI, DEPIN, MEME related FET, TAO, VIRTAL, JASMY, HMT, XYO, PEPE
Innovative projects in this cycle: SUI, ENA, USUAL, HYPE
The TVL of US debt RWA grew sixfold last year. ONDO and OM are the top three in this track. Crypto giants like TETHER and Matrixport are also personally getting involved in RWA, and traditional capital like BlackRock and Fidelity are lining up to enter the market, along with stocks and commodities. This is a nascent track with no ceiling.
Firmly execute the strategy!
I usually divide my funds into two parts: half for the left side and half for the right side.
On the left side, the strategy is to buy more as the price drops, and buying to the psychological limit means it's done.
On the right side, wait for an upward push or higher highs and higher lows, and buy on the pullback. Do not buy when the price is falling, and don’t rush in just because the price rose a few points yesterday; this can easily lead to repeated losses.
BTC and altcoin trends are diverging, but overall, the crypto space still has to look at Bitcoin. If Bitcoin doesn’t strengthen, the sustainability of altcoin rises remains to be observed; you can understand it as an oversold rebound, or as the main funds controlling the average price of chips.
Fall to the bottom and wait for Bitcoin → Bitcoin hasn’t fallen yet → Bitcoin has fallen → follow the fall → Bitcoin hasn’t fallen to position → altcoins raise a wave of price defense and wait.
Overall, altcoins are still quite weak recently, and the market lacks sufficient funds. However, this is a good time to position yourself, as there will definitely be altcoin bull markets next year; the expectation is too strong.
My current feeling is that funds in altcoins are a little restless. The market is generally still in a volatile phase, but is about to move in a good direction.
Create a high-quality community
Mainly spot trading
