$BTC How will the cycles and altcoins unfold? My judgment is that before the 20th, BTC and altcoins will rise together, and after the 20th, the bear market will continue.
According to the current inflow and outflow of funds, the bear market is inevitable. I will close all my long positions before the 18th and start to observe the market waiting to bottom out on Aster, 0G, and other coins. First of all, the daily line has already fallen from 90,000 to 60,000 since that day when the financial crash occurred (all gold, silver, and stocks fell). After that, the rebound from 60,000 to 65,000 is a signal of a short-term altcoin bull market. At this time, the probability of altcoins taking off is very high because many altcoins are in an oversold state, even lower than the bear market lows of 2022. After 65,000, we can see that many altcoin fluctuation points are more than 20 points or even higher, and the list on the rise is rarely repeated in a day. They take turns on the list. However, this signal is not a bottom signal, but more like a mid-term signal, indicating a short-term rebound, while the bear market continues.
The real bottom signal should be at around 40,000, 50,000, and 60,000 after the main market has been sideways for a while; that's when to bottom out.
Or judging by BNB, when the bottom is around BNB 400, 500 (this price I will choose to bottom out on BNB), I can prioritize strong coins and gradually accumulate.
The current price of Aster and 0G, I will start a monthly investment of 500, especially the former, as the future trend is inevitable, though the present may not be unknown.
Many people say the crypto market is going to crash, but what is the truth? First of all, major financial institutions are certainly optimistic about the future of blockchain. The upgrades of various coins this year, as well as BTC being purchased by major companies, and SOL being invested in by international investment firms, undoubtedly prove that the future trend and financial status of blockchain are integral to promoting the development of the times. Simply put, others who are wealthier and more capable than us are investing heavily in blockchain facilities, so we who have less money have to believe. Moreover, this is an inevitable trend. Many people have already experienced U-cards and virtual currency payments; in a system that has already entered the payment framework, do you think the probability of a crash is greater or the probability of continuing to live is greater? The butterfly effect often occurs with a single flap of wings; from the current perspective, it may just be an intervention that changes things. In the future, it may be a point of occurrence similar to the Pizza Day event! #何时抄底?