#$BTC突破$92,000，接下来是？# 💕💕💕

The price of BTC pulled back from 89950 to around 85000, which is just a short-term adjustment.
Many people would think that Bitcoin is going to pullback in depth, and start to close all positions in the spot market. From the current trend structure, there is no top structure in the daily candlestick, so where does the top come from?
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Hongyi's view: BTC is a normal structural pullback. After breaking through the previous high position of 73,700, it has not experienced a significant pullback. It is normal for it to oscillate and pull back at a high level to construct a consolidation.
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So many people wonder why altcoins are falling even though BTC hasn't had a big dump yet, and why some altcoins are falling more than others?
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Hongyi's view is: The great explosion of AltCoin is yet to come, wait patiently! I have previously explained the trend of market data in the live channel. The first wave must be BTC To The Moon. BTC breaking through the historical high determines the arrival of the Bull Market, followed by ETH, and then ETH leads the altcoin To The Moon. Usually, altcoin's To The Moon and explosion are 1-2 months later than BTC.
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Altcoin generally starts a small pump to break out of the bottom range in mid-November or the end of November. After a rise, it enters a pullback consolidation phase, and then starts the Main Rising Wave in mid-December or the end of December. Altcoins are highly controlled in the market trend, and it is normal for them to experience a large pump and rise several times or even tens of times within a short period of time.
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The altcoin has been in a Whipsaw state of oscillation and adjustment. Just imagine, if retail investors hold a large number of low-cost chips, who will do the dumb buying when it reaches its peak?
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So before the real start of the upward trend, there must be a period of continuous whipsawing and pumping, during which most of the retail investors' chips are washed out after a period of oscillation. Then, altcoins are pumped, and at that time, retail investors can only continue to chase the market!
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So the bull run has already started, so don't be afraid of the early Whipsaw phase. How can we see the rainbow without experiencing the wind and rain? How can we have the opportunity to make 5 or even 10 times the profit in the later stage without experiencing the Whipsaw phase?
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So now our Spot is to control the Position. The Position should be divided into two parts: medium to long term Position allocation and short-term Position allocation. For medium to long term Position allocation, just hold it until it reaches the expected profit target, then consider exiting.
So short-term Position allocation can be adjusted with the oscillation or oscillation adjustment stage of BTC for short-term addition or reduction of Position, both are possible.
What Hongyi ultimately wants to tell everyone is: the Bull Market has arrived, accept your bearishness and don't short.
Accept the bullish market and continue to be optimistic, and strictly follow your own trading system to act in accordance with it. Don't be influenced by external emotions!
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When this bull market is close to its peak, Hongyi will inform everyone to Spot get out of positions, without any hesitation!
If you choose to believe, don't hesitate.
Standing on the wind of the bull run, you don't need to do anything, hold a Spot position for the medium to long term, wait quietly for the flowers to bloom, and wait for our coins to erupt!!! Short-term trading can be done with BTC, and contracts should be strictly executed with the strategy (do not hold a losing position).
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In the end, Zhongyixi hopes that everyone can achieve their expected profits in this bull market, and this year's efforts are equivalent to 20 years. The opportunity is very short. Seize the opportunity and take action. We will march forward shoulder to shoulder in the bull market. See you at the peak!!!