Notification

Bitcoin and Ethereum are currently oscillating near the monthly MA20.
The recent market trend has been bottoming out and fluctuating, with traders closing contracts repeatedly. I have currently taken a long position.
I think it's better than being repeatedly liquidated.
My view remains unchanged for now. The market must at least rebound at the monthly level. Make an upward move before the next year's trend begins.
Recently, gold and silver have been very strong. Silver has shown the pattern of the altcoin season in the crypto space. It is expected to remain strong for a long time. In times of change, gold and silver still hold considerable appeal.
In contrast, this year in the crypto space, only Bitcoin has hit new highs. Others have underperformed. Altcoins have underperformed all year.
The US stock market also reached new highs.
During the entire interest rate hike cycle, the market has not lacked funds. However, the capital is no longer choosing altcoins as before. This proves that many projects are useless trash projects.
I believe this will continue in the future.
More funds will seek valuable assets for risk hedging because we are in a time of change.
It is evident that Bitcoin will still reach new highs in the future.
Altcoins may even hit new lows.
Shen Zi Chen Village Committee Party Branch