Has the market stopped falling?
The rebound after the sharp drop indicates temporary stabilization, but it's not a signal to buy the dip. This relates back to PCE data, including institutional predictions that Ethereum's ETF staking may go through, and Trump's renewed investment in ETH. However, weekend market movements are ultimately a game among retail investors; that is, after significant drops, there will naturally be some wave funding involved. Yet, such participation cannot last long. For instance, if BTC's ETF starts trading next Monday and there are outflows, the market will likely fall into a panic adjustment phase.
BTC now needs a financial push to quickly break through the integer level. Although MicroStrategy has started a one-month pause, BlackRock and listed companies are still in the game, so there's no need to worry about the bull market ending or corrections lasting too long. On the 23rd-24th, MSTR will officially be included in the Nasdaq 100, and large capital is also preparing for this. Returning to the market, it won't just crash; the best strategy at this stage is to wait for right-side trading rather than risk buying at half-mountain levels, as next week's trends will still depend on ETF data.
You can view the recent rebound as an opportunity to reduce your position. Many were confused yesterday about whether to cut losses. The common thought is that if you didn't reduce your position during the previous plunge, you should hold on. If the price returns to your cost level in the next couple of days, that is your opportunity to reduce your position. It's normal to set stop losses; if you hit your stop loss at that level, there's no need to feel regret because there will be enough opportunities ahead. The most terrifying thing in the market isn't the crash itself but the stabilization after the crash when you have no capital to act.
We've all endured three years of a bear market, and more recently, we've faced an 8-month adjustment period since the continuous downturn from March to April. Are we really just a few days away? Let's patiently wait for right-side trading opportunities after Christmas!
A crash is a good time to buy three altcoins that could rise 100 times in the future! 1.AR
Arweave's trading price is $16.79, reflecting a 9.74% price increase over the past 24 hours. Recent analysis indicates that, despite Arweave's rise, market sentiment remains bearish. The Fear and Greed Index shows a value of 73, indicating a tendency toward greed-driven sentiment.
Compared to the initial token sale price, this cryptocurrency has demonstrated relatively positive performance, with 15 out of the last 30 days showing upward trends, highlighting sustained activity. Additionally, its 24-hour trading volume to market cap ratio is 0.1640, indicating moderate liquidity based on its market cap.
Arweave's 14-day Relative Strength Index (RSI) is currently at 33.81, placing this cryptocurrency in a neutral zone. This suggests that there may be sideways consolidation in the short term, with no immediate signs of a significant rise or fall.
According to predictions, by January 2025, Arweave is expected to rise by 38.06%, potentially reaching $23.74. This indicates there is still room for growth, especially for investors looking to capitalize on mid-term market movements.
2.TIA
Celestia launched the Ginger upgrade in its mainnet Beta version, marking an important step toward improving performance and laying the groundwork for future scalability. This upgrade aligns with the platform's ongoing efforts to enhance blockchain efficiency and broaden decentralized data accessibility.
According to Celestia, the Ginger upgrade is a significant milestone in its roadmap, emphasizing its commitment to decentralization and scalability. This update supports the platform's ability to meet new use cases for decentralized applications, particularly those requiring data-intensive operations and aggregation.
This highlights Celestia's commitment to creating a blockchain ecosystem that can meet the growing demands of developers and users. At the time of writing, Celestia's price is $5.21, reflecting a 12.31% increase over the past 24 hours. This cryptocurrency shows sustained strength, with 15 days of upward trends in the past 30 days.
Furthermore, Celestia exhibits high liquidity relative to its market cap, indicating strong investor interest and active trading activity. The Ginger upgrade marks progress toward achieving a scalable and decentralized blockchain environment.
By focusing on performance improvements and preparing for future demands, Celestia positions itself as a viable platform for developers seeking to build efficient and innovative decentralized applications. This upgrade also highlights the platform's potential to support more robust use cases in the ever-evolving blockchain space.
3.DF
dForce is a permissionless liquidity network for Web3, gaining attention for its robust suite of protocols. These protocols include decentralized stablecoins, general money markets, yield tokens, and RWA tokens. In addition, dForce is dedicated to enhancing liquidity for emerging ecosystems such as Bitcoin's Layer 2, DePIN, and decentralized AI, making it a comprehensive solution in the Web3 space.
Recently, dForce has made headlines with its outstanding market performance. Its token DF surged 167.91%, reaching $0.1068. Additionally, its market cap grew over 160%, reaching $106.75 million, while its 24-hour trading volume skyrocketed by 2894.66% to an astonishing $180.19 million. Currently, DF's trading price is 194.53% higher than the 200-day moving average of $0.855979, and it recorded 19 green trading days in the past 30 days, reflecting a strong upward trend.
The market sentiment for DF is bullish, with the Fear and Greed Index at 73 (greed), highlighting optimism and increased activity. These indicators suggest that people are increasingly confident that DF can maintain its upward trajectory.
Looking ahead, dForce shows tremendous growth potential. If the platform announces major partnerships or collaborations, DF could exceed $1.52 by 2024. If the bullish market trend continues, the token could average $1.19 by the end of the year. However, if the market remains sluggish, DF could drop to $0.0099 by 2024.
