Last night, Bitcoin surged suddenly. As mentioned earlier (spike-style surge! Bitcoin breaks through the sky! Trump is about to take office! How to keep time? (with tenfold surge bull coins)), 'Breaking through 97200-97700 is a reversal, and it will soon reach 98200-98800. Once the pressure at 98200 is digested, it will attack 100k and above.' Bitcoin did not disappoint any bulls, rising 4% overnight and surpassing 100,000 dollars.
I have been saying that on January 6, US stocks opened, and the liquidity of Americans has rebounded. Currently, Bitcoin is standing at 101,900 dollars. Previously, altcoins that were called for bottom fishing around the 20th of last month are now profitable.
The market will move like this next:
Still, the sentiment has rebounded from the previous panic, but don’t be too happy too soon, as there are still a few days until January 20. Also, this week there is unemployment data, and next week there is CPI.
If the data looks bad, Bitcoin may drop, and the already limited gains of altcoins may look worse. However, after the official inauguration on the 20th, there is still something to look forward to, as historical data shows that the risk market has performed well in the first hundred days after a new U.S. president takes office; here, the risk market refers to the stock market and crypto. Looking at BTC's data, as shown, I hope this week can stabilize above 100,000, otherwise it might just be around 98,500.
Pay attention tonight after Wall Street opens to see if Bitcoin can rally again, and many small coins can be picked up because once Bitcoin finishes its rally, it will be the turn of small coins to make a move, which is called sector rotation.
Now is the eve of altcoin bulls. Whether friends are trading short or long, or doing some swing trading, that depends on your own investment preferences and positions. Be sure to control the rhythm well! Altcoins have been severely drained by Bitcoin; we have experienced this kind of market many times, so we need to get used to the fact that every time Bitcoin drains, a new market will start. Bitcoin must break new highs for the market cap ceiling of altcoins to be fully opened.
Never have the idea of making ten times profit on a single coin with a secondary market. Even if you have ten times, you won’t dare to hold a large position. If you hold a large position, you won’t be able to keep it! Moreover, this will affect your profits in every upward trend, resulting in a total pullback or even losses!
In the market rise, we must sell in batches, and for long-term holdings, do not be too heavy. Try to use most of the funds for swing trading. The era is different now; do not seek a sword in the boat. If you do not grow, you will lose terribly. Combine the changes in the market to make yourself stronger.
As for selecting targets, I previously listed a list, mainstream stable ones are SOL, BNB, DOGE, SUI, and then look for some public chains, MEME, and DEFI leading projects, especially leading projects in AI agents.
Review MAX as it rises, the ecological explosion, after a small pullback continues to reach new highs. However, it’s still early for secondary exchanges.
About APT
In this wave, the washing is severe, and the price in the short term is underestimated. 11 is its base point, and the price has been fluctuating around 11. It will eventually go up to 11. As for the peak, it still depends on the overall trend. Once the trend is clear, it is normal to see a wave of three peaks!
Finally: The 2024 Christmas holiday has officially ended, and the closing price on January 6 was 102,235, with a fluctuation of 11.2%. According to data performance over the past five years, the price of the currency has performed quite well in the two months after the holiday, so everyone is looking forward to the Q1 market.
