Yesterday really wore me out. No significant market movements on Saturday, I ended the stream early, had a good sleep, and woke up around 10 a.m. this morning.

Today, I will provide an in-depth analysis and summary of the overall market trend and movement.

A common phenomenon recently is that Bitcoin does not follow the US stock market; when US stocks fall, Bitcoin rises, and when US stocks rise, Bitcoin falls. Similar situations have occurred before, especially during bear markets. Economic data has very limited impact on the market; whether it’s CPI, PPI, or unemployment data, they do not cause major fluctuations in Bitcoin.

Gold and silver prices rise without the Federal Reserve easing liquidity, drawing a large amount of funds from the crypto space. How can we see this? When they rise again, US stocks rise again, but Bitcoin remains stagnant.

In the future, the crypto industry will become more regulated, with various bills and tax rules becoming clearer. This is actually beneficial for us domestically; there’s no need to worry. We must protect ourselves because if we get scammed, there is no protection.

The future investment focus in the crypto space will still be on Bitcoin, major public chains like Ethereum, Solana, BNB, etc. Additionally, on-chain RWA and tokenization of US stocks will lead to the integration of traditional finance and crypto finance. The passage of various US bills will also promote this integration. Blockchain inherently provides privacy, but capital flows in without privacy, so the privacy sector must be closely watched. Those playing in this area are mainly crypto geeks and veteran players, and funds will flow there. Sham coins without real value will have fewer and fewer prospects, so be very cautious when choosing projects.

Every live stream, I always share my buy and sell points. I’ve noticed many crypto friends are not making money, mainly for two reasons: poor trend judgment and incorrect cycle levels, plus misjudging entry points leading to losses. Once in, they get trapped; a small cut of meat causes the price to rebound. Using my methods to judge is easier, but accurately identifying entry points requires hard work.

My forecast for Bitcoin’s trend in the next few months is that even if it drops to 920-940 in January, there should be a rally back to around 100,000. I think, without the Federal Reserve easing liquidity, Bitcoin’s takeoff will be difficult. It’s likely to break below 806, possibly reaching 60-70K. Currently, it’s impossible to predict the exact timing; we need to observe the trend first.

Next week, I expect a downward trend followed by a rebound. Two uncertain factors are Japan’s interest rate hike and when the US will take action against Iran. I cannot decide; we can only wait.

Today, there’s not much market movement. Tonight’s live stream will be a casual chat, answering everyone’s questions. If there’s nothing to do, I might even sing a song.