From its all-time high to its lowest point in nearly a month, Bitcoin has experienced a roller coaster ride in the past week. Bitcoin has fallen by about 15% from its all-time high of $108,300, and the price once fell to around $92,000, hitting its lowest level since November 26. At present, as market sentiment gradually stabilizes, the price of Bitcoin has recovered to around $94,000 and entered a volatile phase.
The decline over the past few days has caused altcoins to lose a lot of blood, and the prices of many tokens have even fallen to the prices before October, wiping out the "Trump effect" brought about by Trump's election as the US president. Despite this, with the arrival of the Christmas holiday, many people believe that the "Christmas robbery" will further aggravate the market's downward trend.
However, as 2025 is approaching, a series of favorable factors such as Trump's inauguration and the Bitcoin strategic reserve plan are ready to take off. By then, the cryptocurrency industry is still expected to usher in a new round of "dawn moment."
With the crypto-friendly new President Trump about to take office, the BTC spot ETF has been approved and traded for almost a year, the FASB has come into effect, MSTR has continued to buy, and has also joined the Nasdaq 100. The new journey has already begun.
Although it is 100,000, it is still just the beginning. There is still a cycle and opportunities.
Refer to the trend of gold after it was introduced through spot ETF in 2004.
For BTC, we should maintain rational imagination and anticipate that the eternal slow bull market is not necessarily correct. It is impossible for it to rise all the time, nor is it possible for it to fall all the time. Of course, ETH, which is also traded through spot ETFs, still has rational imagination.
The story is not over yet. When we come to this circle, we should not forget our original goal, but we should also follow objective reality. Investing is anti-human.
Can we buy the counterfeit goods at a bargain price?
The altcoin season is really slowly starting to heat up. When Bitcoin falls, the altcoins no longer follow. This is a strong signal. The altcoins currently have a trend of not falling, and even some strong currencies are gradually returning to their previous highs. Remember to allocate some of the popular currencies.
The bull market is still a bull market, and the current situation is an adjustment in the bull market. When the price of bitcoin rises, but other altcoins do not rise but start to fall, it means that the short-term peak has been reached. When BTC falls, but other altcoins do not fall but rise, it means that the short-term bottom has been reached. A new round of altcoin season is coming soon. The altcoin market is about to start to perform in the future market.
Specifically, among altcoins, DeFi and AI sectors performed very well. Coins such as Aave, CRV, and Usual all rose by more than 20%. This shows that market funds began to flow into these sectors, perhaps because of interest in new projects and concepts.
These projects are all related to the American compliance topic. For example, AAVE is linked to Trump's concept, and CRV has a partnership with BlackRock.
In addition, on-chain AI projects, such as virtual, aixbt, and game, have also begun to rebound, and the exchange rate of Solana to Ethereum has also begun to reverse, indicating that funds are flowing into the Solana ecosystem.
These signs all indicate that funds are becoming active and are flowing into various sectors for speculation.
In terms of operation strategy, if you have sufficient funds, it is recommended that you allocate 80% of your positions to mainstream currencies such as Bitcoin and Ethereum, and 20% to leading altcoins with narratives. Remember that if the altcoin doubles, you must withdraw the principal and make a profit-taking plan. After all, the money in your hands is the real money.
As for what to buy at the bottom, you can focus on some potential sectors and currencies. There are several currencies that may have good opportunities in the short term:
GHOST:
As for AAVE, it was actually favored by major market institutions at the beginning of this year, especially US President WLFI was very optimistic.
ABOUT:
As for SUI, it actually seems to have great potential as an independent main chain.
Its advantages are high performance and very strong rebound ability under the SUI ecosystem.
The ecology has also always been very rich.
Doge:
Dogecoin, as a long-term "focus coin", although its increase and rebound strength are not as expected, it still has a strong market appeal due to the support of celebrities such as Musk. Recently, the price of Dogecoin has experienced a sharp correction, but its price is close to the bottom of the rising channel. Therefore, long-term investors can consider buying in the current price range. Especially with the approaching bull market in 2025, the market performance of Dogecoin may usher in new opportunities.