$BTC reached 94k, triggering a short-term rebound and warming up the market; AI Agents and Hyperliquid ecosystems have become current market hotspots, with $HYPE strongly hitting new historical highs, and $AIXBT, $SHOGGOTH, $VIRTUAL showing impressive gains. Market sentiment is continuing to heat up, with ample funds flowing into ETH and altcoins. The ETH exchange rate also shows a significant rebound trend.
Yesterday, the turning point was the favorable PCE data and the Trump family project WLFI increasing their position in ETH.
Whales bought the dip at $28.5 million ETH! Currently, ETH is nearing $3600, which may face some resistance, and the second resistance is around $4000. Long-term positions in spot can be held continuously.
In altcoins, the Trump concept coins are still strong, and ENA has basically recovered. SUI is still performing well. The newly launched VC coin MOVE has shown bright performance.
In the secondary market, the strong get stronger. Avoid the worst assets during downturns and choose the strongest ones during rebounds. At the same time, capture the core of the strong getting stronger by prioritizing leading assets unless there is a significant change in underlying logic, such as shifts in funding flows. Clarifying these logics can help effectively respond to market risks and opportunities.
Recently, I communicated with some fans, and many people have been losing money these past few months, mainly for three reasons:
1. BTC has been shorted all the way, leading to liquidations or severe resistance.
2. Full positions in garbage altcoins, multiple switches resulting in losses, and repeated stop losses.
3. Heavy positions in meme coins, especially some new meme coins, with multiple rounds of 70% cuts.
Many altcoin trajectories are quite similar; the volatility tends to increase right before a major surge!
The goal is to cultivate retail investors' swing trading habits. You've been given many opportunities to sell high and buy low; if you think you missed out, it's a pity. Slap your thigh and vow to catch it next time. But when the main upward wave comes, you habitually sell around double the profit, and then you can't catch the new highs that keep coming! Hold on tight, brothers!
03
Every January is the season for altcoins. It was like this in 2021, 2022, 2023, and it will be like this in 2024 as well. What reason do we have to believe that January 2025 won't explode?
04
In recent years, the Christmas market has not been good, so this year we are adjusting before Christmas to cool down and clear out the bullish market, which is healthy for the subsequent upward movement.
Long-term outlook remains optimistic for a major bull market; if you still have positions, continue with the strategy of small buys on minor dips and large buys on major dips! If you have no positions, just uninstall the app and hold on tight!
➜$ZEN\$LPT
$ZEN and $LPT are the only two favorites of Grayscale. Currently, they are fully supporting ZEN. I believe after boosting ZEN, Grayscale will buy LPT. LPT will eventually be like ZEN and start buying heavily.
For those who missed out on ZEN, you have two choices: those who are bold can continue to chase ZEN, while those who are cautious should lay low with LPT.
LPT also has 50x potential.
➜$AAVE
Aave DAO has approved a joint incentive activity to promote the adoption of PYUSD on Aave and increase the liquidity of PYUSD/GHO. This will be achieved through a newly created Balancer pool on Ethereum. The plan aims to increase the amount of PYUSD deposited in the Aave protocol, targeting a total deposit of 75 million units.
AAVE or Uni, these projects are necessities and truly quality assets. Trump's family project WLFI also holds AAVE, and they have recently increased their positions in Ethereum and ENA.
AAVE's TVL data is also growing significantly. As a leader in the DeFi sector, AAVE has maintained about 50% market share over the past three years. The launch of version V4 aims to further expand its ecosystem, serving potential new users in the hundreds of millions.
➜$SAND
Sandbox is a well-known platform that connects blockchain technology with the gaming industry.
This method targets a significant opportunity, as the application of blockchain in gaming is still relatively underdeveloped.
Since its inception, the platform has been committed to reshaping the gaming industry by providing a virtual ecosystem where users can create and trade blockchain-based assets.
This strategy has won The Sandbox a unique position in the global gaming market.