❗❗❗Key Points for Cryptocurrency Investment
In the current cryptocurrency market, it is recommended to mainly focus on bottom fishing for Ethereum (ETH), while temporarily not considering altcoins. The strategy is to buy small on minor dips and buy more on major dips, as there is a bottom divergence appearing in Ethereum's 15-minute chart, suggesting a rebound expectation, along with future upgrades and staking benefits.
After the decline of Bitcoin (BTC) began, it is difficult to conclude in the short term; adjustments are needed to build momentum for another rise, with limited profit potential in the short term. The support zones are at 102666 and 101578; if a stop-loss signal appears here, one can consider buying on dips.
Ethereum below 3800 presents an opportunity, with certain support at 3820 and 3750 in the short term. Yesterday, BTC ETF saw a net inflow of 490 million USD, and Ethereum ETF saw a net inflow of 140 million USD. A new address has built a position of 3.29 million ENA (leading Ethereum series, a cryptocurrency held by Trump), worth 3.75 million USD, which can be acquired on dips, investing a little every 5-point decline.
It should be noted that Arthur Hayes expects the market to crash around January 20, and Maelstrom will reduce positions in advance. December 19 at 3:00 AM Beijing time is a key point; set up limit orders in advance, prioritizing bottom fishing for Ethereum. Additionally, the founder of DeFiance Capital mentioned that 2025 may see a revival of DeFi, so it would be worth watching related sectors like AVAX, Link, UNI, AAVE, etc.