A day that woke up again with a surge early in the morning! Last night, Bitcoin rose to 98k. This is also close to the height of the 30-day moving average. Friends who are not in the market need not worry; there will be chances for the market to retrace.

Is it a peak signal? Now allcoins have reached their limit values; can they go further?

Bitcoin is approaching 0.1 million, ETH at 3540, SOL at 200, all have nearly formed a W bottom and are close to the previous high neckline. It is normal to encounter resistance here; if there are high-leverage contracts, consider taking profits near the resistance, because if it can't break through, it will become a double top. A price increase without spot support is not sustainable.

It would be more stable to wait for a confirmed breakthrough before re-entering on the right side. This way, Bitcoin will return to the previous high of 108000, and ETH will meet resistance again at 4000. However, my 2x long-term position remains firmly held, because the bull market has just started, it has only been 2 months, and there is still a year's worth of growth ahead.

ETH will definitely go to 8000, and SOL will reach 500; just hold on to what you have. We were correct to trade SOL on the right side before; it was best to confirm the breakthrough before entering. Last week, SOL failed to break upwards and instead broke down; now it has formed a W bottom rebound. 200 is the first resistance of the neckline, while the second resistance is at 215.

I will still wait for SOL to confirm a breakthrough of the 220 downtrend line before entering; I aim for a trend to 260. As for spot or 2x long position, just hold on; I have 70% of my position in long-term, and 30% is poised to act, waiting for opportunities. I opened a position at 92600 in Bitcoin two days ago, double bottom support, reaching 0.1 million, and I am very satisfied.

There is no need to overthink the altcoin season right now; just be patient and wait.

People follow the crowd; I previously mentioned that it should start next month, so we can prioritize buying altcoins at the bottom during this phase. During the Christmas period, based on the ideas in my article and internal discussions, there will still be opportunities for us to accumulate altcoins again, so everyone should seize this chance.

Currently, the altcoin Index is at 49, which is neither particularly low nor particularly high. Therefore, whether to enter the altcoin season still requires time to observe. Historical experience indicates that the situation where the altcoin Index directly rises against the trend after a top reversal is rare, and usually further increases in Bitcoin are needed to trigger an altcoin breakout.

Trump is about to take office soon; related Concept coins should also be speculated on quickly. In the upcoming altcoin market, everyone can participate according to the logic of choosing coins based on the president and Grayscale's strict selection.

Selected by Trump are: AAVE, ENA, LINK, ETH, ONDO.

Trump-related Concept coins: RSR, ZRX, COW.

Grayscale selectively chooses coins: ETH, ETC, LTC, BCH, SOL, XLM, ZEN, LINK, ZEC, MANA, LPT, FIL, BAT.

In the current market, altcoins are showing clear divergence in gains and losses. Strong coins that have recovered their losses or hardly declined include SUI, TURBO, Aave, ENA, OM, RAY, BGB. Friends should focus on strong coins instead of weak ones. The strong will remain strong, so concentrate valuable funds, energy, and time on strong coins. It is essential to find a suitable trading strategy (remember to set stop losses in contracts).

1. For long-term positions, use the coin-based perspective to gauge the market, just need to pay attention to whether the value of your coins has increased! No need to focus too much on your account balance!

2. For short-term trading, keep more USDT on hand, using USDT as the benchmark! The more USDT, the better!

Whether for long-term or short-term, choosing what suits oneself is the best option!