December 17th Bitcoin and Ethereum Market Review and Analysis:

Recently, the market focus has been on Bitcoin, with capital flows clearly favoring Bitcoin, leading to a price surge and attempts to stabilize at a new level. The Coin Victory Group believes that although Bitcoin may experience sideways fluctuations after its rise, the opportunities for altcoins have yet to arrive. It is expected that after a possible further interest rate cut by the Federal Reserve, market funds will be reallocated, benefiting altcoins.

The Coin Victory Group believes that although some altcoins like MEME coins and inscription coins are temporarily unsuitable for investment, not all altcoins will lose value. In historical bull markets, the pattern of Bitcoin rising first and then consolidating, followed by a surge in altcoins, may repeat. At the same time, although Ethereum is currently underperforming compared to Bitcoin, with the injection of new funds, especially the participation of large investment institutions like BlackRock, Ethereum's breakout is just a matter of time.

Finally, the Coin Victory Group emphasizes that this week's market focus is on economic data and the Federal Reserve's interest rate meeting. Investors should pay attention to the upcoming November sales data, third-quarter current account data, as well as GDP and PCE data. The release of this data will provide good opportunities for long positions, and investors are advised to focus on the lows and take profits in a timely manner, as highs may gradually increase.