This week will welcome Christmas Eve and Christmas, and low liquidity is inevitable, likely leading to continued fluctuations. I estimate that the first quarter of 2025 as the annual kickoff will perform well, with Bitcoin likely to hover between 94,000 and 98,000. It appears that people are not as fearful now; if Bitcoin truly drops below 90,000, it might be a good opportunity to build positions. Generally, a sharp drop during a bull market lasts about 7 to 11 days, and it seems the timing is about right. Especially interesting is Ethereum's performance in historical Januarys: aside from the bear markets of 2019 and 2022, Januarys in other years have almost always risen, particularly in the second year post-halving. The outlook remains unchanged for Ethereum to continue rising after stabilizing above 3850, as the speculative topics surrounding Ethereum have not ended.
1. The likelihood of ETF staking approval may increase with the new SEC chair taking office.
2. ETH upgrade in March next year.
3. The Trump family's DeFi project continues to buy, buy, buy.
4. On-chain whales are still accumulating.
Is it too late to buy Bitcoin now? Explore 3 altcoins with greater potential in 2025!
TRON
TRON's price has more than doubled in the past six months, showing strong momentum. Despite a recent drop of about 12%, the price remains stable near the moving average. The relative strength index is close to 60, indicating room for growth. A break above the resistance level of $0.34 could push TRON towards the next level of $0.42, bringing significant percentage gains. With the anticipated altcoin season approaching, TRON seems poised for a surge.
ADA
Cardano (ADA) is trading between $0.72 and $1.08. Despite recent declines over the past week and month, it has risen more than 127% in the past six months, indicating strong long-term growth. The token is approaching a resistance level of $1.28. If broken, it may rise to the next resistance level of $1.64. The relative strength index is around 48, indicating there is still room for upward movement. The 10-day and 100-day simple moving averages are close, suggesting a potential breakout soon. With the anticipated altcoin season and the global cryptocurrency bull market approaching, Cardano may see significant increases.
ENA
Ethena (ENA) is a synthetic dollar protocol built on Ethereum. It aims to provide a cryptocurrency-native solution for currencies that do not rely on traditional banking infrastructure. Ethena offers a globally available savings tool denominated in dollars, called 'Internet Bonds', allowing users to hold and save digital dollars without relying on banks. This technology aims to provide stability and decentralization in the cryptocurrency space. In the current market cycle, ENA introduces innovative approaches to digital currency and savings tools.
