Brothers, it's December. I hope everyone can make money this month. BTC rose by nearly 37% in November. According to the data in recent years, BTC closed with an increase in November, so it usually continues to rise in December. There is another major event in December. Microsoft will hold a board meeting at the beginning of the month to decide whether to include BTC in the company's reserve asset allocation. Saylor, the founder of MicroStrategy, was also invited to give a 3-minute speech to Microsoft shareholders. He is confident that Microsoft will pass this resolution. If the proposal is passed, there will be another wave of buying power! In terms of macro news, this week, the United States will release the November unemployment rate and ADP employment data, as well as the new non-farm employment data in November. The Federal Reserve will release the Beige Book on economic conditions, and Powell will be interviewed. CME shows that there is a 65% probability of a 25bps interest rate cut on December 18, and a 34% probability of maintaining interest rates unchanged. ETH and Shanzhai are optimistic about the next six months. In addition to the peak of Kezhou and BTC.D, there are also:
1. BlackRock's ETHETF purchases exceeded BTC for the first time, and it has built large positions for many consecutive times. 2. After two interest rate cuts, the Fed's balance sheet contraction turned into expansion, and it is only a matter of time before tightening turns into easing. Funds will chase assets with higher risk returns. 3. From the market, ETH and the altcoin index have both strongly broken through the key pressure position in November, and the ETH ecosystem and hot altcoins continue to have large capital inflows.
With another epic rally on the horizon, now is the time to start accumulating the most promising altcoins. A nuclear-level narrative has emerged in the cryptocurrency world! In addition to BTC's strategic reserves, Coinbase's most popular XRP reflects Wall Street's new investment direction in the cryptocurrency world: blockchain technology transforms traditional finance, including payment, RWA, inclusive finance, DEFI, etc.
Trump's coming to power has cleared regulatory barriers. This is a market with no ceiling. It is a sustainable narrative at the nuclear bomb level, and it has been implemented. In the future, you will hear more and more projects cooperating with traditional finance.
➜ $XRP
The underlying logic of XRP price increase
XRP, ADA, and HBAR are both old coins with strong financial strength and community foundation.
The core reason for the recent outbreak is the concentrated efforts of several favorable factors
1. SEC changes
2. XRP boss becomes Trump’s crypto advisor
3. XRP and SEC’s litigation victory
4. XRP has solid business and cash flow, so there is no pressure to increase the price. The company has over 10 billion in cash.
5. BTC is moving sideways in the short term, and the market is optimistic
➜ $HBAR
I mentioned this coin in my article on the 25th. It is seriously undervalued.
It has applied for an ETF, and the founder’s background is related to the Trump team. HARB has a close partnership with large market makers such as ADA and XRP. Although the market has not fully paid attention to this, it is still seriously undervalued.
➜ $AVAX
Avalanche is a high-performance Layer-1 blockchain platform that aims to solve the performance bottleneck problems of traditional blockchains.
AVAX is the native token of Avalanche, which is not only used to pay transaction fees, but can also be used for network staking and protecting network security.
At the same time, AVAX tokens also support cross-chain operations, DeFi, and customized blockchain creation. As Avalanche's technology continues to advance, its ecosystem is expected to occupy a place in the future bull market.
