Every year during the Christmas period, the overall performance of the coin market usually shows similar patterns, and we are still in a correction phase. The rebound after the sharp decline on the 20th has already ended, and the current rhythm of this oscillating correction feels more like slow selling. This situation may continue until the end of Christmas.
The bull market has not ended. Firstly, the interest rate cut cycle has just begun, which is an important macroeconomic positive factor for the coin market. Moreover, there are only a few days left until 2025, and Trump has not yet taken office. As long as he has not taken office, the bull market still exists, and it can even be said that the bull market has just begun. This is because the market still holds expectations for favorable policies that he might introduce for the coin market.
So, can we bottom-fish after Christmas? Personally, I believe so, but this is under the premise that no other unforeseen events occur. For the next couple of days, I only suggest establishing a position and focusing on short-term trading strategies. Preparations are already underway for the layout after Christmas.
In terms of altcoins, since even the Trump family is bottom-fishing and buying altcoins, this to some extent indicates that there are opportunities in altcoins. Therefore, there is no need to worry too much about altcoins; we should view the subsequent market changes more positively.
Now many coins are about to retrace to strong support, so we need to start positioning. It's advisable to play some leading sectors; the MEME sector can still play with PEPE, and the Ethereum series can be considered, as significant funds are still gradually flowing in. Real positives have not yet emerged, so there are still operational opportunities. Additionally, ORDI and WIF are also options; they have performed well since the last black swan event, and reaching 4 is not an issue.
Personally, I think the altcoins that can be held long-term are:
DOGE
Clearly, Dogecoin is one of the top choices. Breaking new highs is just a matter of time, especially since Musk will take office as the DOGE minister next year, which will undoubtedly keep mentioning Dogecoin, bringing huge growth potential. If you're not satisfied with the cost-performance ratio of DOGE, you might consider PEPE or Floki.
PEPE
The core advantage of PEPE lies in its strong community support, which is key to the success of meme coins. The community effect of PEPE is solid, making its position in the meme sector difficult to shake. In the short term, I believe PEPE's growth could reach five times, making it worth watching.
Floki
Floki is also a project that cannot be ignored, with its most prominent advantage being its strong promotional investment. Whether it's billboards, appearances on CCTV news, or regular airdrops, Floki continues to attract traffic and generate hype. The previous 4% CAT airdrop has already brought substantial returns to holders, and there will be a MONKY airdrop soon. The project team knows how to give back to the community, and long-term holding definitely has the opportunity to earn more.
Ondo in the RWA sector, Aave and MKR in DeFi
These major projects benefit from Trump's fame and have attracted considerable capital, showing steady growth. Based on their future potential, these projects are worth continuous attention, and there is still significant room for future growth.
FET & ACT
Although the entire AI field may not be particularly dazzling, coins like FET still have the potential to double. If you feel FET is somewhat 'outdated', you might want to look at ACT, which combines AI and meme concepts; its potential is equally noteworthy.
In my view, many coins are almost guaranteed answers. So why do many people still fail to make money? Either they lack vision and experience and buy at high points, and when the market shakes them, they panic and sell off, only to regret it when the price rises later. Or they see other coins soaring while their own altcoins are sluggish, rushing to buy other coins at high prices, only to get trapped! When positioning any coin, one must have a long-term mindset!