I still remember the bull market in 2017, when a new currency was launched on a certain platform, and the price soared like a rocket, from 50 cents to 10,000 yuan. At that time, everyone thought it was a once-in-a-lifetime opportunity, but just a few hours later, the price fell back to 50 cents. I heard that someone borrowed 1 million to buy at the top, but in the end only a few thousand yuan was left, which was really terrible. Such things make me always think twice before investing.

This time REEF is even more shocking. It plummeted 60% the day before yesterday. Many people thought it was a good opportunity to buy at the bottom, but yesterday it fell another 40%. Many people think this is the bottom, but what's more terrible is that it may continue to fall, which reminds people of the former Luna. The trend of such altcoins is like Mario's jump. You always think you have reached the bottom line, but in fact it can jump lower and lower. Newbies should never think that they have reached the bottom, otherwise they will fall into the bottomless abyss.

However, the more desperate the moment is, the more likely it is that a turnaround is about to come. I have already fully invested, waiting for a rebound, and I expect it to reach 0.1 this time.

The trend of the cryptocurrency circle is full of uncertainty and challenges, but it also contains potential opportunities. When participating in cryptocurrency investment, investors should fully understand the relevant risks, stay calm and rational at all times, and respond to market changes with a steady strategy.

The highest realm of cryptocurrency speculation;

1. Do not borrow money to speculate in cryptocurrency

2. Do not overdraw, use spare money to speculate in cryptocurrency

3. Never do short-term trading

4. If the opportunity does not come, it is better to wait with empty positions

5. Do not over-rely on technical indicators

6. Do not speculate in junk, unpopular and copycat currencies

7. No matter how good the currency is, it will not enter the market unless it is cut in half

8. Choose to short position after the bull market ends

9. Select the target, and once entering the market, it is a heavy position

#比特币 #以太坊

Here, I clearly articulate several established facts:
First: The large-scale bull market is likely to end only after the second half of next year, and there is even a possibility of it continuing for a longer time. Bitcoin may exhibit a prolonged bullish trend.
Second: On January 20, 2025, Trump will officially take power, and thereafter, he will surely introduce a series of policies beneficial to the development of cryptocurrencies.
Third: The period throughout the first half of 2025 will be characterized by: a year in which the Federal Reserve implements interest rate cuts, leading to a massive outflow of capital, creating a favorable situation for the entire cryptocurrency market.
Fourth: The initiation of the large-scale bull market will officially commence 6 months after the Bitcoin halving, that is, starting from November 2024, the current large-scale bull market will begin, and this is just the beginning!
After understanding the above points, do you all already have a rough judgment in your hearts!!!

Things to pay attention to next!

1. The CX effect continues to ferment, Wall Street capital is lining up to enter, and many traditional Chinese financial companies are also getting involved, so Bitcoin will continue to rise. If you want to buy, don’t focus on the individual price, but look at the rise ratio. So far, there has been no token that can outperform Bitcoin in the long run.

2. Ethereum still has opportunities. Although there hasn't been any flashy announcements in 2025, being able to convince people that making money is the best application is crucial. It is the only second contender for ETFs and the original bloodline of the DeFi sector, having experienced all the bull and bear markets with various applications, and fundamentally it is very strong, plus it hasn't broken its previous high.

3. Future market analysis may not be the same as before; it won't just be about looking at charts and data. It will also require reference to policy adjustments from Trump's administration, movements of BlackRock, MicroStrategy, Grayscale, etc., and also pay more attention to the types of tokens held by these institutions.

4. Execution + patience is an essential skill for this bull market. Find your area of expertise, and once you decide, deploy immediately. Don't wait until you miss the opportunity and shout regrets. The sectors will definitely rotate. Don't say you think this coin is bad and that coin is good; after going through the entire bull market, everyone will get results. Find the reasons for the rise, and the rest is just patiently waiting.

5. Every bull market cycle has a new narrative. Always keep an eye out for capturing new information. The new narrative can be simply understood as a consensus that this is another breakthrough in blockchain, with all the money rushing in at once, creating a strong wealth effect that is more sustainable and larger in scale than MEME.

6. Firmly believe that no one can perfectly time the bottom, and no one can sell at the peak. Therefore, don’t have biases thinking that a coin's unit price is too high. Analyze what it will do next, and learn and research to form your own judgment logic, escaping before the bull market ends.

Bull Market Waves, Wealth Sets Sail

As dawn breaks, the bull market's horn has already sounded.
The tides of the market surge and swell, opportunities twinkle like stars in the sky.

However, the pullbacks have not ceased.
Here are a few key pieces of information that you must pay close attention to:
1. On the 10th, there's a shareholder fund meeting at Microsoft, and this meeting is incredibly important! They will decide whether to invest in Bitcoin, and I've heard there’s nearly 20 billion in funds involved, which is no small amount. Once they enter the market, the cryptocurrency sector is sure to benefit.

2. Christmas is just around the corner, and in the past, during this crucial time, the cryptocurrency market has mostly dropped. Brothers, keep this in mind and prepare in advance.
3. Looking at the data, the U.S. will lower interest rates on the 18th, while Japan will raise rates on the 19th, creating completely different policies. The market is sure to get 'crazy', with significant fluctuations and spikes being unavoidable.
4. As we approach the end of the year, it's common to see funds being pulled out, especially with the New Year approaching; everyone needs money. Historically, the cryptocurrency market tends to drop around this time.
5. There's also a major piece of news: next year Trump will take office and plans to include Bitcoin in the U.S. strategic reserves, which is definitely a big positive.

6. You see, right now, both bad and good news are all mixed together. Institutions love to do this, catching everyone off guard. Moving forward, keep a close watch on the market trends, especially for those trading contracts. When it's time to reduce positions, do it quickly; don't let the bull market not arrive yet and end up losing all your capital due to reckless operations. Remember, Bitcoin at 100,000 is just a small step, a new starting point; there will be plenty of variables ahead!

Leading MEME Projects:

1. Musk Series: DOGE, PNUT, shib, puppies

2. V God MEME Leader: NEIRO

3. Religion + Mascot + Meme: LUCE

4. Art + Fruit + Meme: BAN

5. Al + Meme: GOAT, ACT, CENTS

6. Zoo MEME: MOODENG

7. Cult Meme: SPX

8. Al Meme Vertical Domain Leader: WORM

9. BSC Ecosystem Meme Leader: CHEEMS

10. Artist MEME Leader: BOME

11. Emoji MEME Leader: PEPE

Are there any other leading figures in meme subfields? Feel free to add.

Most people will not explain to you the characteristics of bull and bear markets.
In a bear market, prices often rise suddenly before gradually declining.
A bull market is the opposite, where prices drop sharply and then gradually recover.
Before a bear market arrives, a wave of negative news comes from around the world, yet it often drives prices up.
As a bull market is about to start, despite a continuous stream of negative news, positive news may occasionally appear.
During a bear market, some cryptocurrencies experience extreme price fluctuations, with both rises and falls.
In a bull market, the prices of the vast majority of cryptocurrencies tend to rise continuously.
A significant marker of a bear market is that within a span of one to two years, the value of most altcoins will drop by over 90%. Currently, altcoins have already fallen by 90%, and may continue to decline in the future. Only a small number of promising cryptocurrencies can survive a bear market and shine in the next bull market. During the bear market phase, the number of bearish candles on the candlestick chart exceeds that of bullish candles, indicating that prices mainly exhibit a volatile downward trend. Retail investors find it difficult to make profits, and in most cases, they are at a loss.
The characteristics of a bull market are that trading volume and market activity continue to rise. On the candlestick chart, the number of bullish candles exceeds that of bearish candles, prices rarely decline, and most retail investors can achieve profits, with very few experiencing losses.

Is the trend of Bitcoin over? No.
Will Bitcoin reach 100,000 again? Yes.
Where will Bitcoin go back to this month? 130,000-150,000.

$BTC

Next, how do we observe ETH:
1. The first point is 3980. Last night, I mentioned that 3980 is a good position for a needle. As an important observation point, if it falls back here and then goes up, it means that ETH is running healthily
2. The small range of 3980~4090 is just the support and resistance.
3. The most important thing for ETH is that it needs another wave of large-scale pull-ups to directly break 4090. Then the acceleration trend of ETH is formed.
The above is a sharing of ways to observe ETH. At present, it seems that the operation trend of Ethereum and Shanzhai is good, and the bottom of Shanzhai is quietly rising again. My Shanzhai account continues to set new highs. It is still a stage of "violent divergence", and retail investors have not really rushed in. Those who have not laid out should hurry up.
According to experience, the acceleration of Ethereum and Shanzhai is inadvertent, and suddenly there is a good news or other opportunities, and it flies out directly.

During the bull market, there is indeed a trend of everything rising. Those cryptocurrencies that have sharply increased in the short term are often driven by significant news, such as:
HUM surged significantly due to its listing on Coinbase for spot trading.
RSR skyrocketed in price after Paul Atkins was elected SEC Chairman.
ZRX and DYDX experienced explosive growth due to David Sacks being appointed as the head of the crypto market.
LPT, WLD, and ARKM benefited from OpenAI's 12-day live streaming event and rose in price.
If making long-term investments, cryptocurrencies that were positioned at low levels in advance usually see price increases; one just needs to hold patiently. However, if pursuing short-term high profits, one must always pay attention to market news and hot trends to seize every opportunity.

GrayScale may have new moves, as it is considering expanding its assets in 7 major tracks:
First, in the DeFi category, 7 have been selected: JUP, ONDO, ENA, CORE, RUNE, PENDLE, AERO.
Second, in terms of underlying infrastructure, there are 6 shortlisted, namely TIA, PYTH, ATOM, AKT, UMA, NEON.
Third, for Layer 1 tracks, 9 have been chosen, including TON, TRX, APT, INJ, ICP, KAS, VET, OM, CELO.
Fourth, there are 8 selected for Layer 2 tracks, covering OP, ARB, SEI, STRK, POL, MNT, IMX, METIS.
Fifth, in the DePIN field, 2 have been picked: AR, HNT.
Sixth, the AI sector has 2 selected, namely FET, WLD.
Seventh, the Meme track only selected DOGE.

Today's Hot Topics;
1. Trump confirms Paul Atkins has been nominated as chairman of the Securities and Exchange Commission (SEC)
2. The U.S. sanctions TGR Group and its leaders, freezing $8 million in cryptocurrency
3. Powell calls Bitcoin digital gold, a non-U.S. competitor
4. U.S. Congressman Hill promises to investigate the issue of cryptocurrency de-banking
5. U.S. publicly traded company KULR announces implementation of Bitcoin financial strategy, allocating 90% of surplus cash to Bitcoin

During a bull market, do not have the anxiety of 'selling too early'. The more anxious you are, the more mistakes you will make. Also, do not be greedy. If large funds heavily invest in a coin, and you see that coin rise 5X or 10X in a short period, most of the chips are likely still in the hands of the market makers. Even if you have a heavy position, the market makers may not push it up. This is experience I have accumulated over two and a half cycles.

Let me share my friend's trading strategy: During a bear market, he invests in well-established coins within the top 200, buying about 500,000 of each, and then waits and endures. When the bull market comes, he sells whichever coin rises first. After a bull market cycle, almost every coin will increase; it’s just a matter of which rises first and which rises later.

In any case, if a single coin rises 4-5 times, he sells it. The USDT he gets from selling will not be used to buy other coins again. A bull market is all about selling, not buying. Buying and holding coins is something done during a bear market (2026). After this cycle, his overall returns outperform 99% of people, of course, all this experience comes from previous losses, and it requires strong execution. Most people cannot learn this, especially newcomers just entering the space.

During the altcoin season, a price drop of 20% from the peak for altcoins often belongs to the category of consolidation, while a decline of 30% to 50% is considered a regular adjustment.
If the frequency of pullbacks of 30% or more continues to increase, it indicates that market sentiment is gradually weakening.
Such situations typically do not happen frequently; generally speaking, if there are two or three consecutive pullbacks of this magnitude, it means that the bull market is nearing its end.
For example, the altcoin Ray, which I favor, peaked at 6.5 and dropped to a low of 4.65, resulting in a pullback of exactly 30%. Therefore, I believe this pullback has basically reached its limit and will not cause too much disruption to the overall trend.

The bull market has the following stage characteristics:
First stage, people find it hard to believe that prices will rise.
Second stage, even if there is some upward momentum, they still firmly believe that there will be a correction.
Third stage, the price increase is beyond imagination, making it hard to believe.
Fourth stage, the continuous rise makes people start to be willing to believe in the arrival of the bull market.
Fifth stage, if there is a brief period of no increase, it will raise doubts.
Sixth stage, firmly believing that prices will not stop rising, confident in the continued momentum of the bull market.

What stage of a bull market are we currently in? Since the second bottom of Bitcoin on September 6, the fifth wave has begun.
The development of the fifth wave has two potential scenarios:

One is a conventional five-wave structure. If it shows a conventional five-wave structure, then the fifth wave will be similar in trend and duration to the third wave. The third wave started on September 12, 2023, and ended on March 14, 2024, lasting exactly six months. Based on this calculation, the Bitcoin bull market is likely to end in February or March next year, with a higher probability of ending in March.

The second is a terminal contracting triangle. If it is a terminal contracting triangle, the duration of the fifth wave will significantly exceed that of the third wave, which means the bull market may not end until the second half of next year.
In the current situation, the probability of the fifth wave showing a conventional five-wave structure is relatively high. We are currently in the final upward phase of the third sub-wave of the fifth wave, with a target price for the third sub-wave above 110,000.

Many people fail to make money in a bull market because they are not resolute enough; they should reflect on themselves.

Today, seeing this dogecoin making money, they rush to speculate on dogecoin.
Tomorrow, seeing that contract making money, they run to play with contracts.
Then they see this PVP making money and rush to PVP.
Next, seeing a friend making money in spot trading, they hurry to liquidate and chase spot trading.

While you are receiving so much information, I need to tell you a few things:
1. Many people, behind making a large profit, have lost countless times, but they do not tell you.
2. No one, remember, no one can perfectly catch every wave; what you see may lead you to mistakenly believe that you can catch every wave.
3. The stronger the bull market, the less you should move; 99% of Twitter is useless noise, learn to ignore it. Do you have unlimited bullets to buy every opportunity? No, so try to have a little patience.

(1)rif This coin is not bad; it can be held as it is relatively new. (2)bonk Currently, there is a small support; if it reaches around 35, it will be a very good position to buy. (3)Neiro (lowercase): It is still in consolidation, but it is highly likely to stabilize and make a move; there are already signs of a small-scale increase, so it can be held. (4)pnut: This coin has been washing for a long time; if Bitcoin opens up space again, it should be able to sprint as the first tier of MEME adjusts.