❗❗❗ December 24 Research Focus

1. Bitcoin and Altcoin Trends: Currently, Bitcoin is expected to dip again to approach the bottom, while ETH and altcoins have not followed the drop, indicating that most altcoins have already hit bottom after last week's decline. As long as Bitcoin remains above $92,000, opportunities for altcoins will arise.

2. Special Period Market Conditions: Although the market is usually quiet during Christmas and New Year, this year is a halving year, and typically, the market during halving years around New Year is very active, so it’s a good time to buy altcoins.

3. Recommended Coins

- Futures Trading: Coins like SUI, BNB, and ETH, which are performing strongly, are suitable for opening 2 - 5 times leverage contracts.

- Spot Trading: Coins like DOGE, ARKM, UNI, and ENA, which have had previous popularity, should be bought at dips; don’t hesitate when there’s an opportunity, don’t get left behind in the bull market.

4. Recent Market Situation

- On-chain Data: Not very optimistic, stablecoins are flowing out of exchanges, reserves have returned to the levels of December 7; Binance has seen an inflow of 5,000 BTC, and ETFs have seen outflows exceeding $84 million for three consecutive days.

- Short-term Key: The focus for the next two days is to maintain above $92,000. Once the Christmas holiday is over, and major institutions come back, the market is likely to become active. If Bitcoin stabilizes, altcoins may experience a favorable market.

5. Dollar-Cost Averaging Recommendation: Consider dollar-cost averaging into Uni, FTM, BTC, and BNB for bottom fishing.

Note: We suggest buying at 2.5u

Position: No more than 20% of personal capital

Target: Don’t sell until it doubles, buy at dips below 3u

Do not leverage contracts, expect good news by the end of January #币安LaunchpoolBIO