Currently, it can be said that it is a desperate time for altcoin bulls. The next opportunity is likely to come when both the US and UK central banks introduce bond buybacks, releasing liquidity into the market. Positive data is expected in January, and a rate cut will be confirmed in March. The actual benefits of Trump's policies can help increase altcoin liquidity. Right now, the market seems very pessimistic, but extreme panic is often when a turning point arrives. The current phase is a sideways market; without stimulus from trend sentiment and strong liquidity, the market will fluctuate between 92,000 and 98,000. If sentiment improves, it could rise above 98,000; if sentiment worsens, it could drop below 98,000. Macro-wise, we continue to wait for tomorrow's unemployment rate and non-farm payrolls. As long as there is no speculation on recession expectations, there is still something to watch. Even if there is speculation on recession expectations, it may look bad in the short term, but as Trump approaches power, there are still expectations. Ethereum's support level is 3225, and further down, around 3140 is also a support level. BlackRock's accumulation ended around 3200 between November 6 and 12, which can be considered their bottom position. Therefore, the market is likely to hover around this area; if it breaks below, new negative news will need to emerge, or it will still be difficult to break.


As for the altcoin season, it seems that it has not yet arrived. Although the fluctuations in market sentiment may bring localized opportunities, the overall altcoin season has not started. Recently, on-chain activities have mainly focused on AI and DeFi, but the enthusiasm in these areas is also being dragged down by BTC sentiment, and the market's focus remains on BTC.

It is important to clarify that the direction of hot money in the market is currently our focus. Areas centered on the SOL chain, AI, and public chain L1 are currently the main directions for hot money inflow, and other sectors may only attract funds from leading coins. Therefore, we need to pay attention to opportunities in these areas rather than blindly following trends.

In summary, the sideways market is still continuing, and the arrival of the altcoin season may need to wait until a trend market starts. In the short term, we can focus on areas where hot money is flowing into the market and prepare for future opportunities.


The Bitcoin market is currently in a critical adjustment phase!


It is expected that from January 20 to 27, there will be a period of heightened panic sentiment, but remember, now is not the time to go all in.

Early February may usher in a new round of rises, laying the foundation for the upcoming market frenzy. During this period, please stay calm and strictly control your positions, as wash trading and sideways movements will become the norm.

Regarding altcoins: Recently, the market lacks hot topics, and funds are mainly flowing into popular sectors like on-chain AI. As the overall market stabilizes, these funds may temporarily flow out, but the medium to long-term prospects for popular projects remain optimistic.

When adjusting positions and layouts, be sure to grasp the rhythm. Overall, the market situation is changing rapidly; maintaining keen insight and seizing the last opportunities will likely give you an advantageous position in the upcoming fluctuations.


The market is starting to rise significantly, and the 20-50 times pullbacks of the top 4 mainstream coins are buying opportunities!


DOGE


A single tweet can send Dogecoin's price soaring; this kind of traffic is unmatched by other coins. More and more merchants are accepting Dogecoin as payment, leading to increasing demand. If market sentiment rises, with its existing fan base and recognition, it wouldn't be a dream for Dogecoin to double its price.


XRP


In the financial circle, XRP has already connected with several major international banks, and its future looks bright. Once the legal disputes with the SEC are resolved, market confidence will return immediately, and a price surge will not be a problem.


Sui


This public chain's new technology has attracted investments from big players like a16z and Coinbase, and its ecosystem is becoming increasingly完善. In the fields of Web3 and DeFi, Sui is a star project. As the ecosystem flourishes, its value will rise, and the growth potential is significant!