On Christmas Eve, U.S. stocks rose as if enchanted, and Bitcoin also did not lag behind, soaring from $94,000 to $99,000, an increase of 6%. The bears this time really took a big hit! Is it that foreign friends are busy stocking up on 'New Year goods', or has BTC become their 'digital gold'? In any case, this wave of increase is indeed comfortable.
So how will the market move during Christmas? Bitcoin may fluctuate between $94,000 and $100,000. Although market sentiment is still a bit tense, panic has significantly decreased. Breaking the current situation requires a large trading volume of real money.
As for Ethereum ($ETH), its trend is more stable, likely fluctuating between $3200 and $3700, and institutional ETF purchases have also added confidence for its future. Overall, the market atmosphere is gradually warming up.
Recently popular coins such as ZEN, LPT, COW, etc., with COW as an example, Little Meow warned early on during the first major drop that the swap commonly used by Trump and Vitalik would rebound, and it later performed strongly. Many people only bought a small amount, while the rest were chasing high, ultimately becoming victims of buying high and selling low. Fortunately, what they bought were all quality coins.
The current bull market is elusive, with rapid sector rotations, but there’s no need to feel anxious; everyone has a chance. Select a few quality projects, such as USUAL or future sectors like AI and MEME, and it is not difficult to double your investment portfolio. Although there may occasionally be wrong buys or being trapped, maintaining a keen market sense and seizing the next opportunity is the most important thing.
The bull market continues, and we move forward! Today, let’s take a look at the opportunities in the altcoin market worth laying out.
Let's follow up on the Grayscale series recommended yesterday: ZEN, LPT.
Updating LPT's targets: Many people ask that LPT's first target is 100, and the second target is 500. There's no need to rush with LPT; ZEN may run fast, but LPT will catch up. Just need to firmly believe in Grayscale's long-term trend.
I am optimistic about both ZEN and LPT; they are both long-term potential stocks!
So why is ZEN so strong?
First, Grayscale submitted the Grayscale Horizen Trust (ZEN) 8-K form to the SEC. Second, ZEN is a POW coin similar to BTC, with a total supply of 21 million, and it has just completed its halving, which gives it long-term value. Moreover, Grayscale has recently increased its holdings of ZEN significantly, accumulating a total of 880,000 coins, with the market following suit. The ZEN 2.0 upgrade plan will be launched at the beginning of 2025, introducing the zk EVM chain and airdropping the token zkv, which is expected to bring additional benefits.
After breaking through the monthly line, ZEN has shown independent momentum, seemingly with major players getting involved. As the smallest trust coin under Grayscale, ZEN has enormous potential, with a current market value of only $200 million; a 50-fold increase is just around the corner. Finally, behind ZEN is a strong mining team whose ability to pump is not to be underestimated.
Overall, although ZEN has already exploded, its subsequent potential remains huge.
Little Meow bought some $ELIZA and $WORM the day before yesterday, and they performed well. In this round of hot rotation, AI and MEME may not be the strongest narratives, but they are definitely the most sustainable.
My strategy is simple: keep an eye on these old hot coins, sell a portion of funds each time they rise, and as long as the profit exceeds 50%, that's enough. Then, during each round of decline, use the funds previously sold to buy the old coins that have dropped the most. As long as there are no major issues with the project and it continues to develop, cyclical declines will always welcome cyclical rises.
Through this method, small funds gradually roll over, slowly accumulating into large funds.
Trump is about to take office, and related concept coins may see speculation.
$RSR is the native token of the Reserve protocol, a stablecoin platform on Ethereum, which has caught the attention of the new SEC chairman, Paul Atkins, who was previously an advisor to RSR.
$ZRX has the support of the new White House AI and cryptocurrency director, David O. Sacks, who publicly stated that he is a fan of ZRX, and his venture capital firm has also invested in dYdX.
$COW is a trading tool in Trump's 'World Finance' system. As a decentralized exchange (DEX), COW is expected to achieve a 7-10 times increase in potential. Coupled with the influence of Trump and Vitalik, the growth potential could reach 10-20 times.
Other tokens related to Trump, such as ENA, ONDO, LINK, and AAVE, are also worth paying attention to.
Today's article ends here. Currently in a bull market, the winds are stirring, and we share passwords every day. If you don't know what to do in a bull market, feel free to follow; we share strategies for spot trading in the bull market for free.