From 73,000 in March, it has been oscillating widely until November.

By November, it had risen from over 60,000 to 100,000.
From the very beginning to now, my greatest understanding of it is that you must have a very accurate insight to make money, including the rise from over 60,000 to 100,000, which is not really a bull market.
A real bull market is when everyone is forced to make money, forced to be stuffed with money, and makes many times more money without realizing it.
The rise and fall of the big cake and the rise and fall of the cottage are just emotional manipulation of the village. The bull market is just the psychological desire of these people in the currency circle.
To truly make money without using your brain, you must have the big cake rise several times.
Just like the big cake in 2020, 3000 dollars in 2021, the big cake is 69000 dollars, which is 20 times.
My understanding of the blood-sucking market does not really mean sucking blood, but rather, when the big cake rises, and the altcoins fall, in this seemingly blood-sucking market, sucking blood is just a phenomenon and a rule, not really transferring money to the big cake and then pushing it higher. I just think that the big cake rises, while the altcoins do not, so retail investors just withdraw their money for hedging.
After each decline, its decline can be explained. For example, the decline the day before yesterday, when the altcoin was at its lowest, dropped by 30%. This can be explained by the bull market still ongoing, the bitcoin not collapsing, still at a high level, and the expectation of a rate cut in the future. The expectation of a bull market is still there. Before the altcoin experienced a big drop, it had already undergone a retracement adjustment, not starting to fall from the highest point. So, the 30% decline of the altcoin is reasonable and can be explained.
Do we know if 102000 is a high point? That is definitely known, but what is not known is that, 102000 dropped to over 99000, and this 3000 points only took 20 minutes, while from 97000 to 94000, this less than 3000 points directly dropped by over 20%.
The previous round of the mainstream coin's surge made people unsure whether it was the doomsday battle vehicle, or if the dog's stronghold would be trapped to death if it didn't surge. Or is it just the beginning of the bull market, and the old currencies have also started? They are all old coins from 2017, and they have been unable to rise for countless years. Who knows if they can surge, and who dares to bet that they can surge. They all say to speculate on new coins and not old ones, but how come the oldest ones are also surging.
From the current perspective, buying spot contracts is only safe and cost-effective within a certain period of time if you buy the imitation spot contracts at a stable position where Bitcoin is positioned. This means that if you buy spot contracts around 100,000 yuan, it will be difficult because Bitcoin has not stabilized above this level. Although it may exceed 105,000 yuan later, it will still be uncomfortable for you since you bought it at 100,000 yuan.
Any rise in the big pancake and the rise of the cottage are visions before the real rise. When the vision is realized, those with visions have already made money. Those who pursue it without a vision in advance will lose money.
In terms of the rotation of funds in the cottage sector, it is more difficult to figure out than in the first half of the year. In the first half of the year, it was possible to take turns, or other sectors could not rise, and the magic coin was flying. From the overall perspective of the bull market, the magic coin is very secure, because buying spot is based on expectations, and the entire market has the highest expectations for the magic coin. Retail investors dare to buy and chase the most, and the dog gang also dares to pull the most. And the magic coin has the guarantee of sol and ether. They are both on the sol chain and the ether chain.
Taking Ripple as an example of mainstream coins, many people say to buy in around the support of 1.5 or 1.8 2, and then wait for it to rise to 3, 4, or 5. In fact, Ripple doesn't have a real support, which means that if the whales want to pump it, they will, and if they don't want to, they won't. There's no way to control it once it goes down.
Why can MoCoin rise many times? Fundamentally, it is because MoCoin is tied to the prices of Sol and Ethereum. When Sol and Ethereum stop falling, MoCoin will stop falling. To stop falling, MoCoin's institutions need to spend money to take over the chips, and once they take over the chips, they need to pull up the market to sell. That's why it can rise, and that's the guarantee.
Now, the currencies that are not associated with Bitcoin, Ethereum, or Solana are also feeling very uncomfortable. They don't know if Bitcoin wants to go up or down. When Bitcoin is falling, they dare not hold on and form support, immediately attracting retail investors to buy the dip. When Bitcoin is rising
They also dare not raise prices arbitrarily. They all follow the big cake Ethereum on the five-minute and hourly levels, and then find an opportunity to exaggerate the situation and push up the market. When they see other cottage stocks collectively rising, they follow suit. First, ensure the risk of the large-scale currency being manipulated in stages, make money, and then push up some small-scale currencies.
Currently, we still follow the structure of the strategy we provided for the cake. Overall, there is no need to panic. The fundamental reason is that the cake has not reached its peak, and it is far from reaching its peak. As for the long term, forget about it. Does the long term exist? It only depends on whether the cake has a major correction. If there is any indication of that in the structure, there is simply no concept of the long term.