Bitcoin rebound to this position, and I see a bunch of people in the square shouting that the bull market is coming. To be honest, I’ve been used to this phenomenon for a long time. When prices go up, they look bullish; when prices go down, they look bearish. Most people are always following market sentiment, and the result is always losing money. I’ve told everyone countless times, don’t be led by this collective psychology, or you’re destined to only suffer losses in this market.



The reason I have both loyal fans and critics in this circle is because I never cater to the masses. Friends who have followed me for a long time know that my analysis logic is to dare to stand in opposition to the majority, and time and again, this approach has proven to be the way to win. Why have my judgments been so accurate in recent months? Because I don’t say what people want to hear just to please fans; I only present the most objective facts and the most accurate market analysis. My loyal followers are actually mostly converts from critics. If you follow me long enough, you’ll naturally see who the truly skilled analysts are.

Back to Bitcoin now, it’s rebounded to around 69k. So many people in the square say it’s a reversal, but I have to tell you, think again. This is just a normal rebound during the second downtrend of Bitcoin’s overall decline; it’s not that complicated. I mentioned in previous articles that when Bitcoin was near 70k, I emphasized that short-term it might retrace to around 65k, and then you could set up a medium-term long position with targets at 72k and 75k. 72k is a daily-level resistance, and 75k is the ultimate target of this rebound. If there are any changes later, I will update promptly, but what’s clear now is that this is a rebound, not a reversal. Don’t be blinded by illusions.

I am still holding long positions on Ethereum. This was the order I posted in the community a few days ago, and friends who followed it should have made quite a bit. For now, watch how it performs around 2.14k. Sometimes, if the direction is correct, just hold steady without frequent trading.

Solana has performed quite well this wave. I mentioned yesterday that it has a demand for a rebound, with targets between 95 and 100. The market has basically followed my expectations, so just take profits in stages at the target levels.

I also mentioned yesterday that PEPE is a good buy. Its value-for-money is indeed good. For friends who made money through this, giving me a like shouldn’t be too much, right? Where are the rebound targets for PEPE? Looking at the daily chart, if it can stay above 0.0000050 in the next couple of days, there’s still room to go higher. If it can’t hold, then just sell quickly—don’t get stuck on selling at a loss. In a bear market, selling at a loss during rebounds is always the right move.

Now everyone is asking if the altcoin season is really coming. I think it’s possible, but this wave of altcoin market has a relatively short window. I estimate this rebound won’t last more than half a month. It would be good if it can push through during the Spring Festival period. So rather than calling it an altcoin season, it’s more accurate to call it an altcoin week.

Let’s look at the current startup situation of altcoins. The AI sector’s TAO and VIRTUAL have already moved, the MEME sector’s PEPE and DOGE are rising, BSC ecosystem projects are showing some activity, DeFi’s AAVE and MORPHO are rebounding, mainstream tracks like XRP and SOL have already started, privacy coins ZEC and DASH are also moving, DEX sector’s HYPE and ASTER are on the move. It looks like all altcoin sectors are starting to activate. When retail investors realize that the altcoin market has arrived, it might be close to ending.

So, which altcoin sectors haven’t started yet? That’s up to you to discover. Currently, the MEME sector’s NEIRO still has room for a rebound. As for other inactive altcoin sectors, the storage sector has seen little movement, staking sector is also sluggish, the AI sector has some projects with potential for a rebound, stablecoins have many projects severely oversold, and the RWA sector still has coins at the bottom. You can consider bottom-fishing for rebounds. Most altcoins will rebound broadly in this wave. I’ve summarized the main sectors for everyone. I won’t go into detailed coin picks here in the square, because many paid members in the community have feedback that there’s too much dry content here and they don’t find it worth it. I think that makes sense, so I will post the specific selected projects in the community for everyone’s reference. If community friends have any questions, just send me a message—don’t be shy. The community is where I tell everyone what to buy directly, and the square is for filtering sectors. While you choose coins yourself, you can also gain practical experience, which has its own benefits.

That’s all for the short-term market analysis. The market is just cycling continuously. Set an alarm, dollar-cost average into Bitcoin during the bear market, hold for three years, and then wait to count your money. Making money is actually that simple, but most people are unwilling to believe it. The bear market still has 235 days to end. I hope you’ll go through this tough period with me, and when the next bull market arrives, we’ll all still be here.
ETH-2,77%
SOL-2,46%
PEPE-4,6%
TAO-2,88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin