Brothers, the study time in Japan is very tight
Let's briefly review today's market conditions
1: BTC's market share has started to decline, indicating that some liquidity is beginning to flow into altcoins, and Bitcoin is starting to weaken. It fell below 95700 yesterday, marking the first adjustment. As long as it doesn't stabilize at this position, a short-term bearish trend is expected, with support at 92800 and 90900 below.
2: ETH's performance is strong, quickly rebounding when following Bitcoin's price spikes. The bull market often experiences sharp drops, but rebounds quickly after the drop. In the short term, prioritize allocating to Ethereum-related tokens, with strong support at 3365, 3334, and a defense level at 3300.
3: Last year's sponsors in the Maldives 🇲🇻 were sei and sui, both of which had decent price increases this round. Pay attention to the sponsors of the Japan training camp projects: edu, apt, ygg, and iota.
4: Top trader Eugene: has taken profits on long positions and advises caution; leverage long positions can consider gradually taking profits and exiting.
5: FLOKI: The Valhalla mainnet launch will be postponed to the first quarter of 2025. March is the altcoin season, and many projects are taking advantage of this timing for hype.
6: Wintermute's market making has 64% of the tokens in the Memecoin TOP25 already listed on Binance, with NEIRO's holding ratio surging to 13.57%, becoming the token with the highest holding ratio. It should perform well in the medium to long term.
7: DeSci in 2024 is like DeFi in 2019, so pay more attention to this sector.
