Brothers, listen carefully, the upcoming strategy is to reduce positions at highs, sell when it rises, and the more it rises, the more you should sell. Also, keep a portion of funds for risk control, this is very important!
First of all, the company Ripple is going to issue a new stablecoin RLUSD, which will go live on December 4th, no wonder it has been rising so sharply recently. But you must know that after good news comes out, it often becomes a selling point, so sell when it rises. Also, on December 1st, Ripple will unlock 1 billion XRP, which will create significant selling pressure, and the price may drop.
Then, yesterday in the US, both Bitcoin and Ethereum ETFs had money flowing in, especially Ethereum, which saw a significant net inflow. This indicates that funds are flowing back into Ethereum, rising along with the trend.
Bitcoin currently has little profit to be made, and there may be a pullback in late December. If you are in profit and have a heavy position, do not be greedy; quickly set automatic stop-loss to lock in profits.
Although Ethereum seems not to have dropped, it is actually consolidating, and it will rise further. It is best to set up a position at 3530, add more at 3490, and stop-loss if it drops to 3450. There will also be good news regarding staking and the Potala Palace upgrade for Ethereum, which will definitely stir up some excitement.
Bitcoin's market share may peak around January, and during the pullback in December, other coins may take the opportunity to absorb. By the end of January, the altcoin market will rise.
Last night, another 1 billion USDT was issued, totaling 18 billion this month; capital is entering the market. But you also need to be careful, as there may be profit taking in December.
Polkadot 2.0 is expected to go live in the first quarter of 2025, at which point Dot, Ksm, and other coins will have positive news, and there may be opportunities to make money in February and March.
Finally, Binance is going to delist the tokens GFT, IRIS, KEY, OAX, and REN, so if you hold these coins, sell them quickly!
Now BTC has broken through 96,000, and the market is exploding! In this situation, it is most suitable to position potential altcoins! I have carefully selected a coin that is expected to increase 2-3 times in the short term and 5-10 times in the long term. Leave a comment + like for a free share!