Some important news:
1. Most industry insiders and institutions believe that Bitcoin prices will reach $200,000 by 2025.
2. Australian Treasury Minister Jim Chalmers: Cryptocurrencies help modernize Australia’s financial system.
3. Syria proposes legalizing Bitcoin to promote economic recovery.
4. Ten regions in Russia will fully ban cryptocurrency mining starting January 1, with three more regions implementing partial bans.
5. Bitcoin miners earned $1.41 billion in December, with $1.37 billion coming from block rewards. Have you recently felt that Bitcoin and the entire crypto market are moving a bit sluggishly and don’t know what to do? Don't worry, I have some insights to share with you. Right now, you need a bit of patience, as it feels like we're holding back for a big move; don’t pay too much attention to the small fluctuations. You can either use a grid strategy to gradually lower your costs or wait for a new trend to emerge. Remember, the market can’t be on a roller coaster every day; consolidation is the norm.
Bitcoin, I think it will probably fluctuate between 92,000 and 97,000. Unless there’s major news, it will just go up and down in this range without much action. At this time, you can manually buy low and sell high to reduce costs, but don’t risk your entire position; just play with a small part to avoid regretting selling too early. From the K-line, the 1-hour level shows upward movement but lacks momentum, the 4-hour level is upward, the 12-hour level is upward, and the daily level is consolidating, with an intraday resistance level of 97,800 and a support level of 92,200 dollars!
From my observations over the past few days, I think that during sideways movements, platform tokens are actually a good choice and quite stable.
BNB, I estimate it will consolidate between 685 and 725. The 63rd airdrop ends today, which might have some impact on the price. However, the good news is that there will be a megadrop project coming up, which should help maintain the price without significant fluctuations. But be careful, you need to have fixed deposits or complete tasks to participate in the megadrop, so don’t get it wrong.
$ETH, I expect it to fluctuate between 3200 and 3500. Institutions have recently been increasing their holdings, and the price aligns well with the current situation. Unless there are major movements with BTC, ETH should still be consolidating around this level within 24 hours.
Buy the dip on 3 potential coins with a 100x increase!
1.Sol
Solana has become synonymous with speed and efficiency in the blockchain world. It is no surprise that developers are flocking to this ecosystem, as it can handle thousands of transactions per second. But Solana is not just about speed; it achieves scalability without sacrificing decentralization.
DeFi projects, NFT markets, and gaming platforms thrive on the Solana network, making it a versatile choice for developers. Meanwhile, investors are attracted by its low transaction costs and expanding ecosystem. If you are looking for a blockchain that balances innovation and practicality, Solana deserves a place in your portfolio.
2.STX
Stacks is trading at $1.57617, with a 24-hour trading volume of $344.38 million. Its market cap is $2.37 billion, accounting for 0.07%. In the past 24 hours, the price has increased by 5.91%. Compared to last year, it has grown by 6%.
The trading volume to market cap ratio is 0.1454, indicating moderate liquidity relative to its size. A lower ratio typically suggests more stable market activity. Currently, Stacks is trading on major platforms like Binance. The 14-day relative strength index (RSI) is 35.26.
This indicates a neutral position, meaning the price will neither rise nor fall significantly in the short term. The price volatility over the past 30 days was 19%, below the typical high volatility threshold of 30%. Predictions show a price increase of 4.44%, potentially reaching $1.611177 by 2025.
3.UNI
Uniswap (UNI) is the 23rd ranked token in the cryptocurrency market and is also a token for a decentralized exchange. This means users can freely trade digital assets without a third-party intermediary. The current price of UNI is $13.30, with a cumulative increase of 70% over the past year. It has outperformed 65% of mainstream cryptocurrencies in the market. More importantly, the price of UNI is already over 30% higher than the long-term moving average, indicating market confidence in its future development.
It is worth noting that Uniswap has very high liquidity, with a market cap to total value locked (TVL) ratio of 1.47. This means that even with market fluctuations, UNI still has sufficient risk resistance. Market forecasts suggest that UNI is expected to reach a higher price range in the coming months, and investors can pay attention to key support and resistance levels for buying opportunities.
