Short-Term Market Strategy: Key Moves for ETH and Altcoins
The market is gearing up for significant movement, with a potential all-time high (ATH) expected around December 19–20, though adjustments are likely before that. For Ethereum ($ETH), an initial push to the $102–$104 range could lead to a pullback to $3,200–$3,300, forming a solid base by December 24–25. This zone offers an ideal opportunity to accumulate positions before a rally toward $4,400–$4,800 in early January. Altcoins are expected to follow a similar trend, with some bouncing back faster due to liquidity.
Market Strategy for the Coming Weeks:
Expect an ATH breakout around December 18–19, but anticipate price adjustments first.
Watch for a potential early push to $104–$106 in the next few days, followed by a correction and a reset for altcoins at recent bottom levels.
For Ethereum, a retest of the $3,600–$3,700 range is expected during the adjustment phase. This bottom zone will likely act as the foundation for a recovery rally toward $4,500–$4,800 by early January.
January 6 should mark the start of significant recovery momentum, driven by renewed investor confidence and FOMO.
Altcoins will mirror Ethereum’s behavior, with those having higher liquidity likely seeing stronger bounces. If ETH dips to the $3,400–$3,500 range, it's a prime opportunity to accumulate additional altcoin positions before the January rally.
This strategy aligns with broader market sentiment and upcoming economic events, particularly leadership changes at the start of the new year. Stay patient, preserve capital for key buying opportunities, and be ready to capitalize on the early January upward wave. Timing and preparation will be crucial.
