With the approach of Christmas Eve and Christmas this week, market liquidity will inevitably drop significantly, making volatility a likely event.
Bitcoin and the overall market trend
It is expected that Bitcoin's price will fluctuate between $94,000 and $98,000. Current market sentiment is relatively stable, and investors' fear has significantly weakened. If Bitcoin's price really falls below $90,000, this could be a highly attractive entry opportunity. Historically, sharp declines in bull markets usually last 7 to 11 days, and the current decline is nearing the end of this cycle.
Ethereum also shows interesting historical patterns. Looking back at January performance, aside from the bear markets in 2019 and 2022, almost all other years recorded an increase, especially the second year after a halving, which performed exceptionally well. If Ethereum can maintain above $3850, its upward momentum is still promising.
The basis for this viewpoint mainly includes the following points:
1. After the new chairman of the SEC in the U.S. takes office, the possibility of approval for a staking ETF is increasing.
2. The Ethereum upgrade planned for next March is favorable.
3. DeFi projects associated with the Trump family continue to increase investment in Ethereum.
4. On-chain whales are still accumulating Ethereum in large amounts.
Short-term spot investment strategy
If you are a spot investor, you can pay attention to some potential sectors and cryptocurrencies. There are currently two cryptocurrencies that may have good opportunities in the short term:
RWA sector: ONDO is currently around 1.59, and it may be worth considering buying in batches with a short-term target near 2.2.
MEME sector: SHIB is currently around 0.0000218, and it can be entered in batches, with a target profit-taking price of about 0.000033.
However, I must remind everyone that investment should be within one's means, stay calm, and not let market fluctuations disrupt your rhythm!
The allocation directions and suggestions for altcoins in 2025 can refer to the following aspects:
1. Ethereum liquid staking: I think that since last year, lending directions like AAVE should gradually transition to liquid staking, and some funds can consider allocating in this direction.
2. RWA sector: I still recommend holding ONDO in 2024, as the returns are quite substantial. This sector is still in the exploration phase, and prices are in the discovery process, making it a potential direction worth attention.
3. Bitcoin Layer 2: As a part of the Bitcoin ecosystem, Layer 2 is not lacking in popularity, topicality, or capital inflow. It may be worth considering an appropriate allocation of funds.
4. NFT sector: NFTs are not just digital art; they are also part of cultural value. In a relatively well-funded environment, this field has considerable growth potential, and related tokens are worth attention.
5. AI + Chain Games: Although I personally don't know much about chain games, I believe it is still a field worth investing in, with huge potential for the future.
6. Bankruptcy sector: The bankruptcy sector has undergone a long period of adjustment, and now is a good topic for speculation, especially as it can be considered a meme speculation, which seems like an interesting choice.
Hundred-fold increase coins, layout in advance!
IOTA
After the IOTA community approved its Rebased protocol upgrade, the technology and token economy have seen significant improvements. IOTA's current price is $0.31, with a market cap of $1.08 billion, and the price has risen by 9.94%. The Rebased upgrade has increased transaction speed and network capacity, making it very useful for applications requiring high throughput and low latency. The IOTA community strongly supports this upgrade, with a approval rate of 98.37%, laying the foundation for IOTA's future applications and value growth. With the upgrade of this protocol, IOTA is expected to gain a larger market share in the Internet of Things space.
EOS
The EOS network has become one of the most advanced blockchain systems due to its excellent performance, security, and developer friendliness. As a third-generation blockchain, EOS uses the DPoS consensus method, ensuring decentralization while enhancing scalability and flexibility. EOS transactions are almost free, and the rich development tools support unique dApp development.
Currently, the price of EOS is around $29, which may underestimate its technical capabilities. Combined with an active community and practical application scenarios, EOS remains a competitor worth noting in the 2025 cryptocurrency supercycle.
DOT
Polkadot is an open-source sharded multi-chain protocol designed to connect and secure specialized blockchain networks. It supports cross-chain transmission of various data and assets (including tokens), facilitating blockchain interoperability. Polkadot aims to be the foundation of a decentralized internet of blockchains.
Currently, Polkadot's price is $7.26, down 1.92% in the past 24 hours. Nevertheless, its trading price is still 13.35% higher than the 200-day Simple Moving Average (SMA) of $6.17, indicating a stable upward trend in the long term.
At the same time, Polkadot has shown relatively high liquidity compared to its market cap, which is a positive indicator for traders and investors. The Relative Strength Index (RSI) for the past 14 days is 36.69, indicating a neutral stance and the possibility of short-term sideways consolidation. It is expected that Polkadot's trading price will range between $6.99 and $9.23 by the end of the year, with an average price of $8.31 in December. Compared to the current price, this represents a 19% increase, providing potential gains for investors.