The altcoin market, of course, includes ETH. The rise is not exciting enough. Aside from DOGE being able to keep pace with BTC, other altcoins can't keep up with BTC's rhythm. The main reason is that BTC is rising too quickly, and other altcoins simply can't react in time. By the time they do catch up, BTC's market has already skyrocketed. At that point, entering altcoins raises concerns about BTC correcting and dragging down altcoins. Therefore, altcoins currently give the impression of being timid in their rise. BTC's fast increase is not necessarily a good thing for altcoins. The best scenario is for BTC to rise, then undergo a high-level consolidation, followed by altcoins catching up. Once altcoins finish their rise, BTC can continue to climb. Only this kind of trend can lead to a collective market surge. Currently, we need to pay attention to whether BTC can consolidate at a high level. If BTC consolidates at a high level, then the opportunity for altcoins will arise.
The election of Chuanpu has propelled the start of the market, which also marks the beginning of a bull market. According to past patterns, similar market conditions generally last about 3 months. It is expected that by January to February 2025, this round of market may be nearing its end. Do not be too fixated on fixed time points; the theory of a major bull market cycle for Bitcoin every four years will theoretically end around November 2025, which will coincide with the period of interest rate cuts by the Federal Reserve, possibly bringing more capital into the market. Therefore, by the end of next year, there is a high probability that there will be another wave of market activity. This wave might break the high point of early 2025, starting an even stronger bull market; or it may only reach a price level similar to that at the beginning of the year, forming a 'double top' market. Whether it can reach new highs will depend on how attractive the market can tell its story next year, and how much capital can be attracted to enter. Regardless of how the market moves, there will be opportunities every year, and black swan events happen every year. Take profits when they are available, maintain a long-term perspective, and the possibility of making all your profits at once is very low.
In view of the strong request of the fans, a wealth mi code is disclosed: cvc: Both bn and ok are available. Small positions can be arranged around 0.1. The short-term and mid-term pressure is around 0.2, and the support is around 0.08. CVC has three major characteristics: 1. Sol gives birth to tai, Sol is a project that FTX has restarted and its heavy holdings will be infinitely close to Ethereum in the future. 2. Qiangzhuang Coin, which increased by 4 times in the early stage, has been consolidating at the bottom for nearly a month. 3. Low market value, with a circulating market value of 700 million RMB
The fundamentals of the pie are indeed improving at the moment, because a wave of people have been dumped from the bottom, and there have been several plunges in the middle. Black swans, bankruptcies, liquidations, Bank of America and other events have scared away many investors, because The past year has been extremely cold. The continuous shocks and declines have created a feeling of despair. The panic and greed index also hit a sustained historical low last year. When the bear market just started last year, many people were desperate to position the bottom time for next year. , I think the bottom is not based on time cycles, but based on price changes. V God was bottomed out by the iron men who successively brought the planet around 16,000. In the future, I will also guide my friends to make arrangements at any time according to the market conditions. Those who enter the planet, pay attention to check and send private messages on Weibo to enter the planet quickly.
Some people always complain about not making money. There are three fundamental reasons:
1. No real potential coins were found. Even if some currencies are purchased at a relatively high level and are subsequently dragged down by the general environment, the particularity of their subject matter and the strength of their currency make them inevitably reverse when they fall to a certain extent, and the more the general market picks up and stabilizes, the more it can break through layer by layer. .
2. The timing of buying is wrong. You will be tempted by the peak period of the currency or the overall environment, and you will be trapped as soon as you buy.
3. Too impatient. Or it is reflected in chasing the rise and killing the fall, being unwilling to exit when the price rises sharply, and wanting to escape when the price drops. In fact, the ultimate reason is that I don’t have a currency selection system that adapts to the market, and I have no confidence in the currency I choose.
The Niu Chu Meeting will officially start next year, that is, from April to May 2024. Before that, there will definitely be a washout with a drop of at least 30%! The biggest possibility is that the market will pull up from September to November and then plummet in December! Pay attention to projects in 23-24 years, most of the 100x coins come from here! Especially Binance’s ieo project, and then the new narratives of leading projects in major L2s! At present, it is recommended that the big pie, Ether, u convert to buy some potential counterfeit 100x coins at the end of the year, and plan to buy 100x coins in 25 years pepe ordi velo arb sei arkm