BTC Market Outlook and Investment Suggestions from Xiaobi

1. Greed Index and the Current Market Situation The recent Greed Index for BTC has experienced a sharp decline, dropping from 95 last month to 70 now. This change is actually a relatively benign correction, reflecting some market dynamics that the cryptocurrency market is currently experiencing. Currently, the major players in the cryptocurrency market, such as Wall Street, seem to be in a state of hibernation. During the Christmas and New Year period, although the New York Stock Exchange (NYSE) is still open for business, most fund managers have run off to warm places like Hawaii or Florida to enjoy their holidays. At the same time, individual investors also have to sell some of their holdings to meet the demands of holiday expenses, such as buying gifts. In this situation, with the major players on vacation and individual investors spending, the entire cryptocurrency market has shown a weak state in the past couple of weeks, which is actually in line with market trends.
Second, the market start time prediction However, this weak state should not last long. Personally, I think it's likely that the market will start at the beginning of January. Because at that time, Wall Street investors will return to the market, and retail investors will return to the crypto world after the holiday. In addition, on January 20th, there is also the potential positive news of Trump's inauguration and the BTC strategic reserve (like an attractive pie), and the combination of these factors will most likely stimulate a wave of the cryptocurrency circle. Therefore, before January 20th, I was still full of hope for the market in the currency circle. 3. Small currency investment suggestionsIn addition to mainstream currencies, some small currencies are also worth paying attention to. Smaller coins like Dok, Pepe, Uni, or AAVE are doing well, and I've already set up an ambush ahead of time. Although the current price is not necessarily the bottom, from the perspective of investment mentality, I am more afraid of missing the market (going short) than being locked in for a short time. Therefore, whenever I encounter a price low, I will buy some appropriately, and then quietly wait for the "boom" in the currency circle that events such as Trump's presidency may bring.