Brothers, it's December now, I hope everyone can enjoy some gains this month. In November, BTC rose nearly 37%. According to data from recent years, BTC usually closes up in November, so December typically continues the upward trend. A significant event is coming in December: Microsoft will hold a board meeting at the beginning of the month to decide whether to include BTC in the company's reserve asset allocation. MicroStrategy's founder Saylor has also been invited to speak for three minutes to Microsoft's shareholders, and he is confident in Microsoft's decision. If the proposal passes, there will be another wave of buying power!
On the macro news front, this week, the U.S. will announce the unemployment rate and ADP employment data for November, as well as non-farm employment data for November. The Fed will release the Beige Book on economic conditions, and Powell will be interviewed. CME shows a 65% chance of a 25bps rate cut on December 18, and a 34% chance of keeping the rate unchanged.
In the next six months, I am optimistic about ETH and altcoins. Besides the peak of Kezhao and BTC.D, there are:
1. BlackRock's ETH ETF purchases have first exceeded BTC, and have consistently built large positions multiple times. 2. After two interest rate cuts, the Fed's balance sheet reduction has turned into expansion; tightening becoming loosening is just a matter of time, and funds will chase higher risk-return assets. 3. From the market perspective, both ETH and altcoin indices have strongly broken through key resistance levels in November, with continuous large capital inflow into the ETH ecosystem and hot altcoins.
As another epic rebound is about to arrive, now is the time to start accumulating the most promising altcoins. A nuclear-level narrative in the crypto world has emerged! Besides BTC's strategic reserves, the hottest XRP reflects Wall Street's capital on new investment directions in the crypto space: blockchain technology transforming traditional finance, including payments, RWA, inclusive finance, DEFI, etc.
Trump's ascent has cleared regulatory obstacles; this is a market without ceilings, a sustainable narrative of nuclear bomb level, and it has practical implications. In the future, you will hear more and more projects cooperating with traditional finance.
➜ $XRP
The underlying logic of XRP's price surge
XRP, ADA, and HBAR are several years old coins with strong financial strength and community foundation.
The recent surge is mainly due to several positive factors coming together.
1. SEC personnel change
2. XRP's owner becomes Trump's crypto advisor
3. XRP's lawsuit victory against the SEC
4. XRP has solid business and cash flow, and there is no pressure for price surging; the company's cash exceeds 10 billion.
5. In the short term, BTC is moving sideways upwards, creating an optimistic market sentiment.
➜ $HBAR
In the article on the 25th, I mentioned this coin, which is severely undervalued.
It has applied for an ETF, and the founder's background is related to Trump's team. HARB has a close cooperation relationship with large players like ADA and XRP. Although the market has not fully noticed this yet, it is still in a severely undervalued state.
➜ $AVAX
Avalanche is a high-performance Layer-1 blockchain platform designed to address the performance bottleneck issues of traditional blockchains.
AVAX is the native token of Avalanche, used not only for paying transaction fees but also for network staking and securing network safety.
At the same time, AVAX tokens support cross-chain operations, DeFi, and customized blockchain creation. As Avalanche's technology continues to advance, its ecosystem is expected to take a place in the upcoming bull market.
$$XRP