Good evening, brothers and sisters! The market has started to rebound today, with many cryptocurrencies showing good gains. I hope this rebound momentum can continue!
First, let's talk about the Bitcoin spot ETF. On January 1, the US stock market is closed, but on December 31, the Bitcoin spot ETF had a net inflow of $5.32 million, and the Ethereum spot ETF had a net inflow of $35.93 million.
Now, let's look at Bitcoin: after a significant drop, it is now rebounding. Moreover, due to the New Year, many funds that were previously withdrawn for various reasons will return to replenish, which may sustain the rebound trend for a while. In the short term, Bitcoin's resistance level is around $100,000. Although the current rebound trend is relatively strong, I personally believe that Bitcoin is unlikely to start a new upward cycle for the time being. In the short term, it may oscillate at high levels, and above $100,000 remains a profit-taking area for many long-term holders.
Ethereum's trend is somewhat similar to Bitcoin's, currently rebounding. SOL started to strengthen today, possibly due to the replenishment of funds from the US side. SOL has also adjusted quite a bit during this time, with a resistance level around $230.
Speaking of altcoins, although the secondary market's trend is not particularly strong, many meme coins on-chain are thriving, with several small projects born with a market value around $100 million. If the first wave of opportunities was missed, one can wait for a correction in the project and look for a second wave of rally opportunities afterward.
It is important to note that especially meme coins related to AI, the sustainability of some projects is not strong. For example, Musk recently changed his name from 'Kekius Maximus' back to 'Elon Musk', causing related meme coins to pull back instantly, so everyone should be cautious and pay attention to exit quickly when participating.
The trend of a major bull market in 2025 is still on!
Looking back at the end of 2022, when FTX collapsed, Bitcoin touched around $15,000, marking a bear market bottom. At that time, we boldly predicted that Bitcoin would eventually reach $100,000, and unexpectedly, it achieved that by December 2024. However, the performance of altcoins has been somewhat different from Bitcoin and is no longer following Bitcoin's rhythm.
In the future, altcoins may see a rise in conjunction with Ethereum's strong performance, but the cycle of altcoins is not easy to grasp, with risks and opportunities coexisting in the market. The best approach is to buy low when the market is lukewarm and sell when the enthusiasm is high.
My investment strategy is: when altcoin prices are high, swap them for Bitcoin, and then when the altcoins pull back and significantly surpass Bitcoin, swap the Bitcoin back. This way, you can profit from the exchange rate difference and also choose to switch to other cryptocurrencies.
What altcoins will be affected by Trump taking office? Let's seize the trends of the future.
First, let's talk about DOGE. Recently, Musk changed his avatar and name, and Dogecoin has also received attention. Additionally, the acronym of the Trump administration is related to DOGE, so Dogecoin is expected to become a hotspot for speculation again.
Additionally, Pnut also has potential. It once surged by 400% during Trump's election. It is expected that its popularity will rise again after Trump takes office, and Pnut may be listed on Coinbase, with the announcement already made, although the listing time has not yet been confirmed.
XRP is also a cryptocurrency worth paying attention to. After Trump's election, XRP's price rose to $2.9, setting a new high in three years. If Trump promotes XRP as a cryptocurrency payment tool after taking office, its price may continue to rise.
There are also some cryptocurrencies related to Trump's holdings, such as AAVE, ONDO, and LINK, which may also be affected.
Additionally, there is news that $16 billion in new funds from FTX's compensation will gradually flow into the market after January 3, which is positive news for the crypto market in the short term.
Lastly, a reminder: tonight at 21:30, the US will announce the initial jobless claims data for the week ending December 28. This data is quite important and may trigger market fluctuations, so everyone should pay close attention, seize opportunities, and also be prepared for risk control.
Overall, the larger cycle of the market has not ended; it has just made some adjustments in the current smaller cycle, with weaker liquidity. There are many bearish expectations in the market, leading to a weak market, but once bullish expectations increase, the market may start to strengthen.
I remain optimistic about the market outlook for 2025. If Trump starts to fulfill his promises as soon as he takes office, the prices of Bitcoin and Ethereum may experience explosive growth.
In this bull market, we must not miss any opportunities to generate continuous profits. If you desire to flip your investments, wish to make a big profit, or want to break even, please closely follow the path of Brother Du and prepare for the upcoming big bull market! Brother Du will do his best to help you realize your dream of flipping investments in a bull market, making your investment journey easy and enjoyable!
