The hype around artificial intelligence (AI) has long since died down.
If you remember, at the height of this trend, investors were buying up any assets that were at least remotely related to the topic.
Over time, the market has changed, and now investors expect real implementation of the loud promises from projects 🖥.

After the arrest of Pavel Durov in France in August of this year, the coin
went sideways.

Many probably have serious doubts about the coin's near future. Especially considering that against the backdrop of general market growth, the TON coin continues to remain within a sideways range.
Nevertheless, since August 24 (the day of Durov's arrest), the number of wallets with a balance of over $100,000 has increased by +30%.

The Alt season is in full swing!
Just a month ago, no one believed in this, but now it has all become reality.
In the previous post Has the Alt Season Started Yet? (see related idea) we already found out that everything is ready for the start of the Alt Season.
Since then, even heavyweights like

They shoot at +100% per day!
But as they say, good times are needed to prepare for the worst.

There is a trading saying: "Once per cycle, even ripple shoots."
shot up by +480% in just 1 month!
This event only happens once every 4 years in this coin, so the next time such a pump will happen will not be soon.

🤫 XRP coin has a brother

, which are completely correlated with each other.
Moreover, this coin always falls strongly and quickly after a strong and rapid growth.

In November $BTC surprised many, closing the month with an impressive result of +37.29%. This growth became the best monthly figure in the last year and a half and confirmed our expectations for the beginning of a new upward trend.
Historically, in December, the price of Bitcoin closed the month in the green zone half of the time.

We have already seen the phenomenal growth of $BTC BTC and alts from the TOP-10 (except $ETH ). It is time for these assets to consolidate to accumulate strength. After all, any asset needs a break to continue the rally. And a sideways correction on such trends is a normal phenomenon.
When large assets by capitalization are resting, smaller ones start to grow. It's all trivially simple, in large assets there is a profit fixation and all this liquidity starts to flow into other coins.

First on the market is always BTC - it is the flagship of the market that sets the trend and all other coins follow.

Imagine that the crypto market is an hourglass⏳
If the hourglass is turned over, then the sand (money) will flow into other altcoins.
❗️This process is not quick and takes months (not just a few minutes as many think).

In the crypto market, there is a DEX exchange that holds a leading position in turnover and trading volume among all other decentralized exchanges.

This exchange has its own token, $DYDX , which, despite its leading position in the market, has been falling without retracements since its listing.

Another week ends with the crypto market in the green zone. By the end of the week, the price $BTC BTC closed below the psychological level of $90,000.
The price only needs to rise by +10% to reach the mark of $100,000!
According to all technical metrics, it's about time to go for a correction in Bitcoin.
But we do not exclude the fact that the correction may take the form of a slowly ascending sideways market.

Since January 1, 2023, the crypto market has entered a bull market that continues to this day. Many are still in denial about it, as the recent debilitating downward sideways movement has exhausted most of the market.

For these 2 years we have been constantly writing to you that the long-term trend for the coming years is strictly upward and there is still a lot of time until the end of the bull market.

Before the current growth began, we wrote many times that#BTCgrowth would begin after the breakout of short liquidity zones.
As a result, to this day the main driver for growth is the liquidation of short sellers!
In just 1 week of growth, a total of $1.8 billion in short positions have already been liquidated🔪🐻
The short liquidation feast on the crypto market continues.

$BTC every day it updates the highs and the trend has just begun. Following Bitcoin, the entire market has already started to catch up and we are only at the start of the rally.

In the current reality, drawdowns can be quite deep, but all of them will be instantly bought out. The purpose of drawdowns is to collect leverage.
Therefore, it is now important to work exclusively in long without trying to prove to the market that it is wrong.

The crypto market loves to surprise.
After a long marinade, the market decided to make a gift and, contrary to everyone’s expectations, launched the alt-season.
Some coins $BTC $ALPACA $DODO have already shot up by +100%, but there are only a few of such coins so far.
Look at picture 1, which shows the dynamics of alts for this week.

To continually grow your portfolio, you need to keep at least 80% in strong, perpetual growth assets.
And only with the remaining funds, collect various alts that can really give you good earnings. The price for this is high risks and large drawdowns.
Fortunately, we are still far from the end of the bullish cycle. This means that most of your and our drawdowns in alts are temporary.

Now all attention should be concentrated only on strong assets BTC $ETH $TRX TON BNB and only after their growth can we consider alts.
💰 BTC has been marinating within a wide downward sideways trend for 175 days now. Moreover, in the last 2 weeks the price has been trading along the lower border of the global ascending channel.

The coin successfully completed the bearish Wedge figure and unloaded the bearish diver.
The price instantly fell below the MA200d moving average on an all-time record volume!
This was followed by an immediate buyout that continues to this day.

With this fall, the coin not only formed a sales climax, but also corrected the entire growth momentum since the beginning of the year to almost 0.618 according to Fibonacci.

In previous posts, we said that from the next quarter, which has already arrived, we can expect the growth of the crypto market to begin.
The quarterly options have expired and now it is time to open positions for the new quarter.
As a rule, this takes 1-3 weeks of the new quarter.

As you remember, the ETH ETFs themselves were already approved a month ago. Now all that remains is to wait for approval to launch trading in these ETF assets.

SEC Chairman Gary Gensler has already stated that the process of launching ETH spot ETFs is going smoothly without any problems. And the launch date of trading depends on how quickly issuers respond to the regulator’s requests.

The market has been falling for the entire current month, without any news. But just yesterday, scarecrows began to appear, saying miners are selling their reserves $BTC , and those affected by the collapse of the MtGox exchange in 2014 began to receive payments.
That is, negative news began to pour in when most of the market had already collapsed, especially alts. Isn’t this close to the culmination of sales on the market 🤷‍♂️

Over the past 4 weeks, the market has seen a massive shakeout of alts, even the most skeptical traders. Some alts managed to fall even under their historical levels of 2017!
And all this against the backdrop of Bitcoin falling by only -10%.

But coins of eternal growth are in no hurry to fall and give a strong rebuff to the seller on the market