Last week, it was mentioned that adjustments would be completed by mid-month, and in the week before the adjustments are completed, which is this week, the market will start to recover and slowly rise. Currently, this aligns with our judgment. The market's initiation doesn't mean it will take off in that very moment; it has its own rhythm, starting from a hesitant and slow rise, then moving to a steady upward trend, followed by an accelerated rise, and finally to free fall. Everything follows this process framework. Therefore, the strength of this week's market will determine the strength of next week's market. If this week is strong, then next week will be even stronger. If the upward momentum this week is average, then next week will also be an average upward trend. It's like throwing a bouncy ball forcefully toward the ground; the moment you throw it, you have already determined its future height, which depends on how much force you used initially. We will find that every year there are some 'demon coins' whose common characteristic is that they start off strongly and only become stronger, to the point where you hesitate to enter a position until the market recognizes and accepts their strength. This week's market is actually quite good; various alts are already erupting one after another, which aligns with our observations of the arrival of alt season and the timing of this phenomenon. Moreover, Bitcoin's market capitalization ratio has been steadily declining. Personally, I believe that until Bitcoin's market capitalization ratio reaches 50, it will still belong to the rising time of alts' time bonus period. What is a time bonus period? Essentially, it means the market hasn't reacted yet, and alts haven’t reached the mid-term resistance level they should reach. I estimate that next week the market will fully initiate, and there's no need to listen to any news or information; believing in your own judgment is the first lesson to learn in your trading career.

BTC-1,19%
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