January 6, 2025

The market continues to strengthen, and BTC has now firmly stabilized above $90,000, reaching $93,000. Ethereum also broke through $3,200. I observed several new coins, and their trends have already confirmed that there are major players gradually bottoming out, such as WLFI, which surprisingly rebounded to 0.17. If I remember correctly, it previously dropped to around 0.11. This is one of the representative new coins from last year, a coin associated with the Trump family, with a high market cap, and its recovery proves that this market is not a neglected or worthless place.
Actually, for us, the most concerning thing is not the price decline, but the fact that no one is willing to play or pay attention to this market anymore. However, based on the recent performance of altcoins, this concern can obviously be alleviated. From the perspective of believers like me, cryptocurrencies have long-term investment value. Even if you don’t trust them completely, you should believe in the market’s size and flexibility, which will definitely attract capital.
As for the upcoming trend, I think it’s becoming clearer. After several months of decline and sideways consolidation, there is a high probability that the market will see a rebound. This could be a continuation of the bull market. Of course, it’s also possible that the four-year cycle law has been broken, especially since this round of entry is mainly driven by traditional funds represented by Wall Street capital.
Generally speaking, market sentiment tends to change before the price does. In other words, prices tend to rise hesitantly and fall unwillingly. Currently, the former is more likely. However, objectively speaking, it’s not scientific to chase the rally directly now. Of course, I don’t think most people are doing that either.