Last week's FUD from the Federal Reserve, combined with the holiday effect, drained liquidity, resulting in a collective decline. After a week or two of turnover and market digestion, coupled with the end of the holiday, confidence is warming up, and capital is gradually entering the market. Many altcoins have started to oscillate upwards again, and some have started to rally early; currently, the overall trend of altcoins has not unified but is gradually completing bottom recovery.
Many significant events are expected in the crypto space in 2025, with more places announcing Bitcoin as a strategic reserve; the advancement of regulatory bills in the U.S.; the relaunch of FTX 2.0, etc. Any one of these events could ignite the bull market of 2025. This year’s interest rate environment is better than 2024; while it is difficult to return to the previously low interest rates, it will at least return to a neutral rate. The subsequent bull market is expected to be larger and more prolonged than previous bull markets!
In the short term, we still look forward to whether Trump will fulfill his promises after taking office, so the first quarter of 2025 looks relatively optimistic. If Trump starts speaking or actual policies begin, Bitcoin and Ethereum may have the potential to rally to new highs.
Speaking of altcoins, there are not many hot topics in the market recently, and funds are starting to flow into the AI sector on the blockchain. As the market returns, these funds will gradually return to the secondary market. With the end of the holiday next week, market liquidity will also start to recover. It is expected that there will not be too deep a correction before Trump takes office. In the first quarter, altcoins have the potential for several times of increase, and now is a great opportunity to position.
Overall, the current market situation is rapidly changing. Staying alert and seizing opportunities can earn a place in this bull market!
Positioning for the upcoming bull market with cryptocurrencies expected to rise tenfold!
1. SPX
SPX reached an all-time high with a market capitalization of $1.22 billion, entering the list of the top 100 altcoins. Over the past seven days, SPX surged by 63%, and despite a 27% drop in trading volume over the past 24 hours, it still shows strong bullish momentum.
If the upward trend continues, SPX may rise further, testing the resistance level of $1.40 for the first time, and possibly even $1.50. However, if the trend reverses, SPX may retest its recent strong support level of $0.93.
A drop below this level could trigger further declines, pushing the price down to $0.819 or even $0.615.
2. ENA
Ethena is a platform built on Ethereum for synthetic dollars, which has become one of the best-performing altcoins this week, with its price soaring by 37% in the past seven days.
The announcement of its 2025 roadmap, including the Telegram payment application and TradFi adoption plan, has generated significant interest among investors.
ENA's market capitalization is $3.77 billion, currently only 19% below its previous all-time high. If the upward trend continues, ENA may break through the resistance level of $1.32 and approach the historical high of $1.50.
However, if momentum weakens, ENA may retest the support level of $1.12, and if it fails to hold this support, the price may drop to $1.01.
3. TIA
Celestia has attracted attention in the blockchain field for its innovative approach to scalability challenges. Unlike traditional blockchains that handle transactions and manage consensus on a single layer, Celestia uses a modular architecture.
This design will ensure the separation of the consensus layer for network security from the execution layer for processing transactions. By decoupling these functions, Celestia achieves more efficient scaling, avoiding common data bottlenecks seen in other blockchains.
Currently, Celestia's native token TIA is valued at $5.48, with a 24-hour trading volume of $311.83 million and a market capitalization of $2.61 billion. The token's price has risen by 9.33% in the past 24 hours, reflecting active trading interest. The high trading volume to market cap ratio of 0.1203 indicates strong liquidity.
TIA's 30-day volatility is 21%, showing moderate price stability compared to more volatile cryptocurrencies. This lower volatility may attract investors looking to reduce price fluctuations. Celestia's novel design claims to provide more scalable and efficient blockchain infrastructure while maintaining high liquidity and market activity.
4. SEI
Sei is a blockchain project aimed at enhancing the performance of decentralized exchanges (DEX) that allow users to trade digital assets directly without intermediaries. It is the first blockchain built specifically to meet the needs of DEX.
The platform aims to provide users and trading platforms with a more streamlined and faster experience by focusing on trading efficiency. This specialization can make it a valuable tool for cryptocurrency trading, NFTs, or even in-game item trading.
Currently, Sei's price is $0.469955, with a daily trading volume of $281.85 million and a market capitalization of $1.98 billion. Over the past day, the price has increased by 7.05%. Its market dominance (measuring its contribution to the overall cryptocurrency market) is 0.06%. Its 24-hour trading volume to market cap ratio is 0.1422, indicating decent liquidity relative to its size.
The technical indicators of the project are sending mixed signals. The 14-day relative strength index (RSI) is at 48.79, indicating neutral momentum, which may lead to price consolidation. The volatility is low at 19%, suggesting price stability over the past 30 days. Sentiment remains bearish, with a fear and greed index of 73, reflecting market greed, which may affect trading decisions.
Sei combines key design approaches of blockchain with practical applications of decentralized finance. Its role in the ecosystem highlights its attempts to address specific challenges in trading and liquidity.