The world is bustling, all for profit; the world is bustling, all for profit to go! Hello everyone, I am your friend Lao Cui who talks about coins, focusing on digital currency market analysis, striving to convey the most valuable market information to the vast number of coin friends. Welcome everyone to follow and like, and reject any market smoke screens.

Waking up from a sleep, I once again witnessed the market's failure to break through ninety thousand, and during the Asian trading session, it fell into a correction phase. Still, we have not seen a correction depth below eighty thousand. Fortunately, the overall correction trend is still under control. You all didn’t enter the market while Lao Cui was resting, did you? Before sleeping, Lao Cui also added a long position in the market, and luckily, it perfectly triggered a take profit when I woke up. During the correction depth, Lao Cui also managed to endure a wave, and thankfully, I wasn’t staring at the market. In the end, although I took profit and exited, the danger was quite frightening. Reviewing yesterday's trend, the overall correction depth reached around five thousand points, with an increase of ten thousand points, and the correction was nearly fifty percent, basically declaring that the depth of this round of correction has met the demand for growth. These two rounds of trends have completely stimulated the activity of Bitcoin, with the twenty-four-hour trading volume reaching nearly two hundred billion. The goal of the whales has been successfully achieved, and it has also attracted the attention of some large funds. From other cryptocurrencies, we can perfectly see the shortcomings of the coin circle, which is that apart from Bitcoin, other cryptocurrencies are basically stagnant. Even if there is an increase, they all returned to growth positions yesterday.

The previous paragraph basically confirms Lao Cui's earlier speculation that the correction depth after the explosive rise has been digested by the market. The current trend will refocus on whether Bitcoin can stabilize at the ninety thousand mark. The explosive rise of ten thousand points is essentially a short squeeze, and the profits of the bears have also been largely satisfied. In the remaining time, the Asian session will correct, and the European session will digest the growth, likely following this trend. Secondly, many friends are concerned about the points, which are nothing more than Bitcoin's halving effect and the recent increase in Tether. Lao Cui has actually discussed these two points in depth with everyone in the first half of the year. The short-term halving effect will lead to panic among miners, causing a large amount of Bitcoin to be sold off, resulting in a short-term decline. However, in the long run, as mining difficulty increases, it will also make Bitcoin's scarcity more prominent, which is a favorable situation in the long term. Moreover, it has been half a year since the halving, and most of the Bitcoin held by miners has basically been digested by the market. Miners do not rely on market growth for their livelihood; they will sell as long as they are profitable, so miners do not account for a significant portion of the coin circle compared to whales.

Overall, the effect of the halving is currently closely aligned with market trends and will further boost Bitcoin's growth. As for the increase in Tether, Lao Cui has also paid attention to the overall flow. Major trading platforms have basically reaped benefits, with Binance being the place that received the most inflow, and the funds directly entered the market. This round of Bitcoin's rise of ten thousand points is closely related to this increase in Tether. The issuance of additional currency will cause inflation in any market, and the coin circle is no exception. However, the current use of Tether is considered a circulating currency in the coin circle, so its increase will inevitably lead to the growth of other cryptocurrencies. Everyone should not think that this round of growth has too much inflow and will eventually lead to a large decline; this has also become a key point for bears to attack the bull market. Lao Cui's view is very clear: when a bull market arrives, it is best to focus on going long. The correction during the Asian session is an opportunity for everyone to enter the market. As long as a new correction low appears, everyone can enter long positions. A ten thousand point increase means that the inflow of funds can support the current price of Bitcoin, so do not be blinded by the bubble. This round of growth will not end for the time being.

A question that everyone is concerned about is the depth of future corrections. Yesterday's correction did not belong to the depth correction that Lao Cui speculated would occur before the interest rate cut in mid-December. Yesterday's correction depth was purely a normal correction depth; this is market behavior, not a man-made disaster. The real correction depth must be based on the issue of capital connection, leading to a large amount of capital fleeing, causing the market to decline, filtering out retail investors' funds, and then returning to high positions, resulting in the reality that only whales are well-fed in this round of rise. From this perspective, what everyone needs to do is wait for a deep correction to buy the dip. Do not think that a deep correction means the end of the bull market; this kind of thinking will harm everyone. Lao Cui's response is also very simple: do not move short positions at this stage; the profits of the bears will not be taken on. As long as the short positions cannot trap the funds in hand, the returns of the bulls will definitely be higher than those of the bears. Lao Cui will still study the future approach; after the correction, I will continue to follow the long position strategy. So if anyone has questions about this aspect, feel free to ask Lao Cui.

A leaf obscures the view; everyone is currently worried about whether the interest rate cut can continue. Based on past financial thinking and Trump's actions, the issue of interest rate cuts will not deviate too much. Our long position thinking is almost following the interest rate cut trend to enter the market. Trump is a person who has great resentment towards the Federal Reserve and has criticized the Fed's interest rate hike strategy more than once. Everyone should be clear that the interest rate hikes and cuts in the U.S. are determined by the Federal Reserve, which is independent of the U.S. government and more like a private enterprise. Therefore, the overall strategy and policy will not deviate too much from Trump's thinking, and Trump is a person who is extremely opposed to interest rate hikes. During his time in office, he was a political figure who created a fifty basis point interest rate cut. Although there are still a few months until he takes office, the current trend is also following Biden's governance approach, but we must also consider Trump's future policies.

Considering these interest rate cut thoughts, the current trend of Bitcoin has no reason to go down; the bubble issue of the U.S. dollar is becoming increasingly serious. The U.S. wants to maintain the dollar's hegemony, and the coin circle is indeed a good track, which also explains why China and the U.S. are the largest holders in the coin circle. Trump's view of the Federal Reserve is extremely important; he is a person who has the idea of using interest rate cuts as a tool to achieve his goals. We are not discussing the issue of interest rate cuts, but the implementation of interest rate cuts will definitely lead to growth in the coin circle. It is very likely that the current price of Bitcoin will still be seen as a low point when viewed from next year. What we need to do is not to capture all the growth of this bull market; capturing half of the profits is already considered a success. At least our spot users have already captured nearly fifteen thousand points, while contract users are basically maintaining around ten thousand points. This strategy has brought us huge returns. Lao Cui is satisfied with this operation, and even if we do not pursue the remaining profits, it is still a perfect answer sheet. For Lao Cui, the remaining time will focus more on considering everyone's risks for operations.

At the end of the article, Lao Cui wants to remind users with insufficient capital that you can look at the profits from following altcoins or even hold altcoins, but it is not recommended to engage in contract trading of small coins. With a position of around 5000 USDT, just focus on Ethereum and SOL, or even with a smaller position, just trade SOL. First, successfully accumulate your capital, and then consider increasing your position. Remember not to engage in contracts for small coins, especially for users who have not previously been involved in other investment markets; do not even touch contracts. Contracts are a market that requires capital support; it is not a market where a simple idea of small bets can cover its risks. This bull market is an opportunity for small capital users to accumulate original capital, not for everyone to leap across classes. To leap across classes, you must have sufficient capital support in hand. First consider risks, then consider returns; this is the underlying logic of the financial market. Regarding future trends, Lao Cui has made it very clear that today during the Asian session will be an opportunity for everyone to enter the market. If you can't grasp it, just ask Lao Cui. That's all for now; Lao Cui needs to chat with other users. See you tomorrow!

Original content by WeChat Official Account: Lao Cui Talks About Coins. For assistance, please contact directly.

Lao Cui's Message: Investing is like playing chess; a master can see five, seven, or even more than ten moves ahead, while a novice can only see two or three moves. The master considers the overall situation and strategizes for the big picture, not focusing on individual pieces or territories, aiming for the ultimate victory. The novice, on the other hand, fights for every inch, frequently switching between long and short positions, only competing for short-term gains, and often finds themselves trapped.

This material is for learning reference only and does not constitute trading advice. Trading based on this is at your own risk!

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