BTC continues to surge forward. Before Trump takes office, the market will not be bad. Recently, it is still a copycat market. Be bold and make money to celebrate the New Year! Whether you can eat meat before the New Year depends on this wave!
BTC: Today is the weekend, the market is mainly resting. The 98,000 expected yesterday was not reached, but the daily MACD is still in the adjustment stage. We continue to wait for the trend on Monday.
ETH: The expectation given yesterday was 3600. If it did not reach the expectation, we will continue to wait for the direction on Monday.
Altcoins: Altcoins will continue to fluctuate over the weekend. Recently, funds have been involved in B's Lanchpad. If there is a pullback on Monday, you can intervene, Tko, Dego, Voxel, Loka, SFP, EDU, etc.
When will the altcoin season erupt! What trading opportunities do retail investors still have?
Looking back at historical BTC bull market cycles, we can see that the altcoin season usually has a simple flow of funds: first BTC → ETH → large-cap coins → mid and small-cap coins → then all coins start to surge → finally, the bull market ends, entering a long bear market.
The start of altcoin season usually has several obvious characteristics, often beginning from the following aspects:
1. Some innovative projects will take the lead, such as SUI being an example.
2. Next, some MEME coins and air coins will also start to rise, like PNUT, PEPE, and VIRTUAL.
3. Then those undervalued old altcoins will continue to rise, with coins like XRP, XLM, TRX, and OM performing well.
Then it enters the 'public frenzy' mode, where almost all altcoins are surging wildly, and the market sentiment becomes increasingly extreme (at this point, it is actually a warning signal, indicating that the market is overheated and may reverse).
BTC's market dominance has retraced from a high of 61% to around 55%, and now there is significant resistance at around 55% for Bitcoin's dominance.
Currently, the altcoin season index has risen to 71, close to the historical high of 75. In the past 90 days, 35 of the top 50 tokens have surpassed Bitcoin's gains, accounting for as much as 70%!
Currently, among the top 50 coins by market cap, only 11 have surpassed their historical highs (including new coins from this cycle), such as XRP, OM, WBT, TRX, RENDER, LEO, BTC, SOL, BNB, etc.
So, don't hesitate any longer, get your altcoins ready! As long as BTC's dominance falls below 50%, altcoins will usher in a historic surge!
➜ $HYPE
▶ Market Cap: $7.196 billion
▶ 24h Trading Volume: $256 million
Today's price of Hyperliquid (HYPE) is $21.82, with a 24h trading volume of $255,809,546. This indicates a price increase of 28.00% over the past 24 hours and a 48.72% increase over the past 7 days.
HyperliquidX is a permanent decentralized exchange (DEX) protocol built on its proprietary L1 blockchain, designed to provide a user experience similar to centralized exchanges.
With the rise of decentralized trading, HyperliquidX may capture significant market share in the coming years and become a leader in the exchange field.
➜ $GOAT
▶ Market Cap: $899 million
▶ 24h Trading Volume: $579 million
Today's price of GOAT is $0.9035, with a 24h trading volume of $578,610,363. This indicates a price increase of 24.95% over the past 24 hours and a 21.63% increase over the past 7 days.
The AI Agent track is a huge practical market and cannot be seen as just a meme project.
Just as the strongest projects in the DeFi track are not meme coins, GOAT is unlikely to be the ultimate winner in this track.
➜ $AAVE
▶ Market Cap: $5.754 billion
▶ 24h Trading Volume: $1.599 billion
Today's price of Aave (AAVE) is $383.32, with a 24h trading volume of $1,598,750,302. This indicates a price increase of 3.71% over the past 24 hours and a 32.43% increase over the past 7 days.
The token for the decentralized lending platform AAVE ranks high on the altcoin leaderboard for whale accumulation this week.
Data from IntoTheBlock shows that on December 11, the net flow of large AAVE holders (an indicator tracking whale activity) was slightly below 4,000.
