Powell's speech triggered a sharp decline, while the Eastern markets reacted calmly, especially as Japan failed to raise interest rates, indicating that Asian funds are struggling to reverse the situation. This is the result of multiple accumulated warnings.
The conclusion is that this year's market peak has already been seen. As for the pullback position and when the rebound will start next year, we can wait until January to study. The next ideal peak is expected to be around 10300! The specific logic can refer to my previous analysis!
Don’t be too pessimistic. Trump may become the President of the United States in January, and the Senate is already under his control, making it easier to promote subsequent policies. Although Powell stated that the Federal Reserve is not qualified to buy Bitcoin, if Trump promotes legislation, the possibility of establishing Bitcoin reserves still exists. Today's bad news may be a future reverse good news.
In addition, the compensation from FTX in January will flow back into the crypto circle, coupled with the resumption of the US ETF, the January market is still worth looking forward to. The market adjustment is expected to occur in late December or early January, which will be a point of attention for top-escaping funds. The market always goes against human nature, and when they panic, it is a good time to bottom fish.
For bottom fishing, it is recommended to focus on projects that performed strongly before but have not landed yet. After Trump takes office from January to March next year, it may bring market trends. Conservative investors can focus on laying out ETH, BNB, and SOL, while aggressive investors may consider ACT, PNUT, etc. For meme coins, pay attention to DOGE, PEPE, WIF, and FLOKI. In terms of public chains, you can choose those with higher popularity like APT, SOL, SUI.
The AI sector is optimistic about FET, especially the FET in collaboration with DWF, which has stronger price support. In the DeFi sector, AAVE and COMP remain the top choices, while MKR can continue to be held, just control the position.
Regarding position allocation, it is recommended to reasonably layout according to personal habits, focusing on projects with good fundamentals, which will bring returns in the long run. Every major drop is an opportunity to intervene, and the current market characteristics are fast-paced, with large fluctuations, both pump and dump happen quickly. Investors need to adapt to this fast-paced market environment.
In the altcoin sector, prices have dropped to the bottom, and there are chips to pick up everywhere! Are you dazzled? Here, Little Meow recommends a few small coins that you can gradually accumulate with a small position!
DOGE
Dogecoin recently pulled back from 0.48 to 0.34, a drop of about 30%. Currently, the range of 0.33-0.35 is a golden ratio support, and the pullback has been sufficiently solidified. Considering that Musk will take over the White House in January, Doge has an 80% chance of experiencing a surge, and this is a good opportunity.
AAVE
A few days ago, I was drooling over AAVE. Although the high-level consolidation made me a bit hesitant, yesterday's pullback provided a good opportunity! I decisively placed an order at 345. Although I am temporarily at a loss, it doesn't matter! I will continue to layout in batches at 315, operating steadily. I believe AAVE's future is definitely worth looking forward to!
ONDO
This doesn’t need much explanation, the Trump family has bought in, and it is also a leading coin in the RWA track! Although there was a slight pullback yesterday, it quickly rebounded back to 1.9 today, showing strong performance! I have always been optimistic about this coin, targeting 3! There is still an opportunity to enter now, don’t hesitate, hurry up and get on board!
Recently, Binance has increased its support for BSC, and Baby Doge, as the first native meme coin, deserves special attention.
Entry suggestion: Establish a position around 0.0034, there may be further washing to 0.0025, at which point additional positions can be added up to 6 layers.
The popularity of meme coins in this bull market is unprecedented, and I temporarily do not recommend setting stop losses.
Today's article ends here. We are currently in a bull market with a lot of changes. We share codes every day. If you don't know what to do in a bull market, feel free to follow, the bull market spot codes, layout strategies, can be shared free of charge.