Yesterday’s cryptocurrency market was like a small roller coaster ride. BTC shook a little. Market makers wanted to pull the price back, but failed. This shows that everyone is quite satisfied with the price now! Remember, if the price is low, we buy, if it is high, we wait, don’t rush to sell all.
In this way, you are not afraid of ups and downs, and your mentality is as stable as Mount Tai! Don't be too impatient when trading, don't start when you are excited, you need to have a plan and take your time. After all, we are playing for the long term, not focusing on short-term small-scale trading every day.
First, as we all know, the main driving force of this bull market is US capital;
2. Currently, the US is still on holiday (Christmas → New Year);
3. From this we can see that the current liquidity is very insufficient, especially on weekends. At the observation point, there is a negative premium between CB's BTC spot and BN.
Today's Bitcoin Analysis: A typical short-term pattern has appeared: M head. I have said in the past that this pattern is not suitable for opening long or short orders alone. It needs to be combined with the current overall market status and then find key positions in the pattern to make moves, as shown in the figure:
The operation strategy can be roughly carried out in the following steps:
1. Determine the overall trend (upward, oscillating, downward);
2. Find the key positions (upper and lower edges) in the chart pattern according to the overall trend;
3. Open an order and set the take profit and stop loss (the take profit is movable).
A few days ago, I said that the daily MA30 moving average broke and flattened, indicating that the ascending triangle of the daily MA30 has been destroyed, and the short-term and medium-term has actually turned from rising to oscillating. Yesterday, I said that it is a good thing for the big cake to keep oscillating here, which will increase the probability of horizontal adjustment or bottoming.
We can see that when the price of the daily MA60 moving average was $88,000 on the third day of the decline, it is now $91,726. The K-line can maintain a horizontal fluctuation above $92,000, and the large-scale moving average is moving closer to the K-line, which often has a supporting effect, which is also one of the ways to judge the strength of the market.
Is the bad news released because adjustments are needed? Or is the adjustment made based on the bad news? It doesn’t matter.
1. What cycle is the current big cycle in?
2. The price has risen too much, and many indicators are overbought or diverging. Does this adjustment represent strength or weakness?
3. What is the current sentiment in the cryptocurrency community? (Emotional hubs such as An and Te)
Due to the divergence between Bitcoin and altcoins, Bitcoin is still in the process of adjustment from a structural perspective; so the current bottom-picking is a left-side strategy, and you just need to pay attention to controlling the size of your position.
Ethereum is really worth holding for a long time. This is the historical rise and fall of Ethereum in the first quarter and 1.2.3 months.
It can be seen that there are bear markets in 2018 and 2022, and there are very considerable gains in the first quarter of other times. The regularity of Ethereum in January is not very obvious, and the historical decline is also the last decline in January. The definite market will be in February and March. Save your bullets and don't fall before dawn.
Trump will be officially sworn in as the 47th President of the United States on January 20, 2025. The new government sector should be hyped before he takes office. I will also tell you in advance to pay attention to the relevant tokens of the new government sector!
Today, let’s talk about why I say that following the grayscale layout will yield good results.
Let's take a moment to summarize the currencies that Grayscale has recently bought at the bottom. The currencies that have increased in value in the past 7 days and one month are as follows:
link50866 shares were bought at the bottom in the last month
Fil has bought 106,686 coins in the last month
Sol bought 4713 shares at the bottom in the last month
Bch has bought 7579 coins in the last month
Ltc最近一个月抄底33110枚
Zen has bought 304,031 coins in the last month
Xlm has been shipping for the past week so I won't record it.
Finally, although the performance of other altcoins in the secondary market has been poor in recent days, the on-chain, especially AI agent, is still booming. The top virtual still maintains a FDV of 3.1 billion, and fartcoin and ai16z also have a market value of 1 billion, which is not affected by the market correction at all.
Among the new blue chips, game is being discovered for its value. Previously, it was benchmarked against agents such as aixbt and luna. Now game has switched to benchmarking against ai16z. It has soared 3x in recent days, and its market value is close to aixbt. It feels like the ceiling will be even higher in the future.
Then there are new players in the field emerging one after another. The AI autonomous breeding project Spore has already produced the third generation.
I personally think that the AI agent era will last for a long time, possibly even longer than this round of crypto bull market. This is why I believe that there will be at least 3 AI agents with a market value of 10b in this round.
