When will there be a big dump or pullback for BTC?

Now the whole network is waiting for big dump pullback, dare not chase the market, but also afraid of missing the pump trend! Confused, anxious...

BTC continues to bulldoze forward for a week, rising little by little every day, but it doesn't break through $100,000.

Let's first look at the market situation. The greed and fear index has reached 94, the exchange's loan interest rate has reached 40%, long positions are constantly adding leverage, and the slow pump continues to reach new highs. These indicators, along with bearish voices from the community, all point to a pullback in the token price. However, the market always moves in the opposite direction of the majority.

Personally, I don't necessarily see a big dump situation, but a pullback of around 10,000 points is definitely coming. The price of the currency has never been rising all the time, nor has it been falling without a rebound.

Although the pullback is definitely coming, it doesn't mean you should wait and see. Will it pump to 100,000 and then pullback, or 120,000 pullback, or 130,000 pullback? This is very difficult to predict.

Waiting in a bull market, it is best not to Short Position or go all-in. It is recommended to hold 5-7% of your Holdings at this time. Attack when necessary, defend when needed! It is fatal for those in Short Position or Light Position, as the end result is waiting in vain, missing out on a whole wave of bull market.

Currently, there are no light enter a position or Position, it's okay, there are plenty of opportunities. If you don't know which coin has potential, don't understand trading strategies, you might as well follow me and leave me a message. I will reply to you as soon as I see the information!

To understand a logic: BTC's big pump is just to let the media spread and promote the existence of the crypto world, and BTC's role is to break the circle.

The significant rise of AltCoin hundredfold coin will only have a profitable effect, which will induce more newcomers to get on board, so the stagnant rise of BTC at this stage is actually waiting for AltCoin to catch up.

BTC has pulled back to the current price of 100,000, and has started to attract new participants from outside the circle. It is unlikely that newcomers who join now will be able to afford such expensive BTC.

They only buy altcoins with more decimals, so what we see in the coin price now is the altcoin starting to pump, especially some high-growth quality altcoins.

However, the ultimate goal of pumping altcoins is to make newcomers greedily go all in at high positions. Of course, this is just the beginning. When the altcoin season arrives, if you don't dumbly buy it, it will continue to pump. If you don't catch the pump, it will pump until you start doubting your life, repeating the story of the boy who cried wolf, until newcomers get on board and go all in on altcoins at the peak, and then they stand guard at the mountain top until the Bull Market ends.

And currently, most old suckers are on the road to break even, while newcomers may not have done anything, or got out of positions, still waiting for a pullback, or have increased the position in a bunch of junk coins. When BTC rises, it rises slightly; when BTC falls slightly, it falls significantly.

Can't go on like this, we might really miss the bull market that we have been waiting for three years, just look at the ETF still buying.

Data shows that the net inflow of BTC ETF reached $3.38 billion in a single week, reaching a new high. The net inflow of BTC exchange-traded funds reached $3.38 billion in a single week, setting a new record since its launch.

Some institutions predict: three key indicators show BTC still has further pump space

Asset management giant VanEck's latest report suggests that this Rebound seems to have just begun based on key indicators. VanEck analyzed three key indicators: relative unrealized profits (RUP) of Intrerest Rate funds and retail interest trends.

Since November 12th, the perpetual futures funding Intrerest Rate has been consistently above 10%, indicating a bullish momentum. In addition, the current 30-day moving average of unrealized profit level is about 0.54, which typically indicates that the market will reach a peak in a longer time cycle.

The search term heat is only 34% of the high point in May 2021, indicating that the speculative frenzy has not yet spread, and the re-participation of retail investors will give BTC further room for pump.

So you see, the big capital is still buying at this price, why do you think it's expensive, because you have seen cheaper BTC, although it may be last month's thing, but that's already history and it's not coming back.

But the good news is, the market is not short of opportunities, at this stage, there are coins with more cost-effectiveness than BTC, with more pump space and low odds.

Don't wait until all the currencies rise to a higher level, if you're not on the bus, you'll miss it and have to wait for four years.

Buy coins that haven't risen yet and wait patiently for the market to reverse. Many varieties will continue to rotate and pump.
#BTC #ETH #DOGE