Good afternoon, brothers and sisters! Today is already Wednesday, and when we look back at the performance of the market in recent days, you may feel that the market is not too optimistic, but the market is still ongoing. Adjust your mindset and maintain a state of sprinting!
As the Spring Festival approaches, everyone needs to work hard and try to accumulate more resources, as the half-year period after the New Year will be crucial for the bull market.
The characteristics of Altcoins are that they have large fluctuations, they rise sharply when they are rising, and their short-term gains often exceed Bitcoin, and they are the same when they are falling. Holding Altcoins during the correction period will make people feel painful, but please remember that when the market is crazily rising, it is you, the holders of Altcoins, who are looking down on those who only hold Bitcoin! Profit and loss have the same source.
I currently judge that the bull market has just begun
Although it is unclear whether BTC can rise to $200,000 or $300,000, we know that the bull market has just started. This round of bull market will not be dominated by "old cabbage" as before, but by Microstrategy, MARA, the US National Reserve, the Russian National Reserve, and the pension funds of various countries.
Macroeconomic environment
There are many positive and negative factors this month, and everyone needs to be cautious. For example, the CPI data tonight, whether MSTR will be included in QQQ, the FASB taking effect, the Fed and Japan's interest rate meetings, and the holiday effect of Christmas.
In January 2025, Trump will take office again. Yesterday, there was news that Trump hopes to push the price of Bitcoin to $150,000 in the early part of his term. Considering the expectation of loose policy, this may have a positive impact on the market. At the same time, we also need to pay attention to interest rate cuts and economic data, especially the interest rate meeting on January 29, and the official inauguration time is January 20.
After Bitcoin and Ethereum have adjusted to their positions, you can gradually buy Altcoin spot in batches
After the big drop on December 9, the market has gradually recovered. Yesterday, the coins that did not continue to fall quickly rebounded and performed well, especially the coins in the popular tracks. Pay attention to the strong coins in the first wave of rise, and the coins that have shown strong resistance to decline in the second wave of correction!
1. Achieve zero cost: The best operation in the bull market is zero cost. What is zero cost? For example, buy at around COMP71, the highest rise to 144, when the price drops back to 140, you will reduce the position completely, and the remaining is all profit. In this way, even if the market adjusts, you will not be anxious and make mistakes. If it goes up, it's profit, and if it goes down, it won't hurt the principal, this is the advantage of zero cost.
2. Don't sell out the quality Altcoins: Low-priced Altcoins, except for encountering black swan events, usually won't give you a second chance to get on board. For example, the previous 1.3 FET, 35 DASH, 115 PEPE, $11 LPT, unless there is major negative news, these low prices will almost never appear again. If you sold them last week, that was a missed opportunity. As long as the coins you hold have potential, it is only a matter of time before they rise in the bull market. To avoid "selling out", it is best to hold at zero cost, learn to sell in batches, and retain a certain position.
3. Clearing strategy: When clearing positions, don't sell everything at once, you should first clear half, and then gradually clear the remaining positions. No one can accurately predict the top of the market, common sell signals include: frequent hot searches, the Altcoin speculation index reaching a new high, etc. Although you may miss the best selling point, these signals usually indicate that the market is approaching the top.
4. Execution is crucial: In the bull market, the most difficult thing is not to find trading opportunities, but to stick to the execution of the strategy. The bull market requires precise execution and a sensitive sense of market trends.
Macroeconomic data:
The macroeconomic data this week is crucial, several key inflation data will directly affect the expectation of interest rate cuts.
The CPI data will be released tonight, and the PPI will be released on Thursday. The market generally expects inflation to rise, but this will not change the Fed's established path of interest rate cuts in December.
After the market has fallen for 72 consecutive hours, the possibility of a short-term rebound is relatively high. Just like the bow string is pulled tight, there must be a strong rebound.
In January 2025, after Trump takes office, he may push the price of Bitcoin to $150,000, which may drive ETH and other Altcoins to rise together.
Pay attention to changes in interest rate cuts and the economic situation, especially the Fed's interest rate meeting on January 29.
After the big drop on December 9, the market is gradually recovering, and the coins with previous large gains, such as SOL, DOGE, PEPE, etc., have opportunities for limit orders.
