Detailed Analysis of the Current Cryptocurrency Market

The cryptocurrency market is entering a challenging and volatile phase, requiring traders to be extremely cautious. Here is a detailed analysis based on the current situation:

Bitcoin and Short-Term Future Bitcoin (BTC) has demonstrated resilience throughout previous cycles, but currently, there is a significant decrease in liquidity pressure on the upside. Based on technical analysis: Price increase scenario: Possibility of BTC reaching $120,000: Only about 25%. This is the maximum expectation in the current period. Possibility of BTC reaching $110,000: Higher probability, about 50%, but still facing many liquidity barriers. Price decrease scenario: BTC is facing significant liquidity at levels: $74,000, $61,500, $45,500, and $35,700. This could trigger a strong liquidity hunt down to these lower levels in the next 3 months. Altseason and Forecast for Altcoins There will be no Altseason before April 2025: Altcoins like Solana, BNB, and many other coins are unlikely to establish new ATH levels before this time. BTC Dominance (BTC DOM): Expected to reach 60%, reinforcing Bitcoin’s dominant position in the cryptocurrency market. Suggested Trading Strategy For Bitcoin: If BTC drops to significant liquidity levels (such as $35,700 - $45,500), this could be an opportunity for long-term investors to accumulate. With the scenario of a not-too-strong price increase, be cautious when trading at prices above $100,000. For Altcoin: Limit expectations for altcoins in the short term, especially when the market is focusing liquidity on Bitcoin. Observe signs of recovery after BTC completes a major correction. Risk management: Always set stop-loss in every trade to protect assets from unexpected fluctuations. Don’t go all-in on any coin, allocate capital reasonably to maintain flexibility. Final Note Forecasts in the air are not absolutely certain, with an accuracy probability of about 60-75%. The cryptocurrency market is always full of high risks, so traders need to keep calm and rely on data and technical analysis to make appropriate decisions.