Good evening, everyone. This year is coming to an end. Market sentiment has cooled down significantly recently, but after Christmas, BTC rebounded successfully after a full trading day of US stocks.
This shows that in the current low liquidity situation, although the market sentiment is not very good, it is not very bad either. Especially today is Friday and tomorrow is the weekend, the liquidity will continue to be sluggish. Be cautious with leverage. Without strong emotional stimulation, this volatile market will continue for a while.
There are no conditions for a sharp drop in the short term. Before the end of the year, due to factors such as institutional financial reports, funds will leave the market or take risk-averse actions. It is normal for the market to weaken in the short term. In this case, everyone should use leverage with caution. In the absence of strong emotional stimulation, this volatile and frustrating market is likely to continue until January.
As for altcoins, in the absence of significant movement in BTC and ETH, altcoins will naturally find it difficult to make any progress and will also fall into a state of shock and weariness. Only platform coins with high control may go against the trend!
Is it still possible to play with altcoins at this stage? Why do they fall when you buy them and rise when you sell them?
The current market sentiment is not very good, but it is not very bad either. Especially today is Friday and tomorrow is the weekend, liquidity continues to be sluggish. Be cautious with leverage. Without strong emotional stimulation, this volatile and frustrating market will continue for a while.
At this stage, you can certainly do altcoin trading, but you must master the rhythm. Position, time, and position are all indispensable.
(1) For ordinary traders, the core value of altcoins is only one: to make money in a strong one-way market and then exchange it for more Bitcoin. Therefore, the trading logic must revolve around this goal.
(2) The position for opening a position is particularly critical, and you must choose a point with a large time window and a very high profit and loss ratio.
(3) The time dimension is more complicated, and you cannot expect to buy the right position at once. The most reliable strategy is to build positions in batches and buy slowly to hedge against the uncertainty of time and market fluctuations.
(4) Position management: Most funds should be concentrated in the leading stocks of the sector; a small portion of funds can be used to gamble on unpopular currencies with higher risks.
January turning point! Pay attention to these hot spots!
FTX will pay $160 on January 3rd and repay the loan within 60 days. This is also a major positive for the cryptocurrency community.
With Trump taking office on January 20 and Musk taking on the position of Minister of Intelligence, Dogecoin will also become a hot topic and is expected to usher in a new wave of rising prices!
In addition, the hot spots to watch next month are: Trump-Musk series concept tokens are undoubtedly the key layout sector, which will definitely trigger a new round of market before and after Trump officially takes office. The second is the Wall Street institutional concept series, with Grayscale Fund bearing the brunt. If nothing unexpected happens, starting with Grayscale's violent move on ZEN, the violent rotation of the copycat sector will kick off in the short term.
In addition, the most promising tracks in 2024 and 2025 have been particularly hot in several areas recently:
DeSci: This is a very hot area recently.
AI Sector: The AI sector is also emerging in the cryptocurrency market.
SUI Ecosystem: SUI Ecosystem is an emerging blockchain project that is gaining more and more attention.
RWA and DePIN: These two directions are also slowly emerging.
SOL Ecosystem: The Solana ecosystem is reviving, especially in decentralized exchanges (and other areas that are gaining more and more attention.
BTC Ecosystem: Of course, BTC is still the market leader.
The next is a critical period. Whether it can accelerate depends on the next few days. Will it accelerate? Or will it continue to fluctuate?
When everyone is lying down and unable to wash out the chips, I think now is a good window for acceleration, and we can try to increase the volume and speed up the rise.
Next, the key thing we observe in the market is whether the volume can be increased to pull up the market. The importance of volume is greater than the extent of the increase. Continuous increase in volume at a small level can represent the determination and willpower of the market maker to pull up the market.
If you have spot goods, just hold on. If you have already escaped the top, don't chase them. The current market is very strange. If you are not careful, you will be trapped.
When there is no consensus, it is time to make a layout, build positions in batches, and wait until consensus is reached to eat the fish tail and bear the big risk