Bitcoin is still in a rather tangled trend at present. The overall adjustment is in the range of 90,000-95,000-100,000. Before Bitcoin leaves this range, it is a fluctuating trend. You can still try to buy low and sell high in the short term. The market rose slowly this morning, but it was quickly smashed down in the afternoon. This kind of market is more common at the end of the year. After all, there are a lot of deliveries at the end of the year, whether it is cashing out for the holidays or company balance. Today is Friday, and there are still a lot of option deliveries at 4 pm, so this wave of decline is reasonable and has no big impact on the trend.
If you are interested, you can look through the market at the end of the year in the past. Basically, it is quite tangled. Except for the monotonous rising market in 2020, other years are volatile. The real breakthrough trend will not appear until January of the following year, so there is no need to pay too much attention to the market these days. The market in January next year will definitely not be bad. After all, Trump will take office on January 20, and the currency market may usher in an unprecedented super bull.
There was a relatively good data last night that may lead to a return of market confidence in the next few days. The Bitcoin ETF has accumulated $1.5 billion in funds in the four trading days before Christmas. If this capital escape cannot be stopped and reversed in time, it will be difficult to restore market confidence. Sure enough, the Bitcoin ETF was powerful last night, with a net inflow of 475 million in a single day. This is also the main reason for the slow upward trend this morning. If the positive capital flow can continue tonight, the market sentiment will definitely be pushed up over the weekend. Even if the big cake does not reach 100,000, the performance of the cottage will not be too bad. There may be a weekend market with a general rise in cottages, so how the ETF will go tonight is worth our attention.
Then let’s talk about cottages. Although the cottages in the secondary market have not performed well except for platform coins in the past few days, the chain, especially the AI agent, is still flying.
The top few virtuals still maintain a fdv of 3.1 billion, and fartcoin and ai16z also have a market value of 1 billion, which is not affected by the market correction at all.
Among the new blue chips, game is being discovered for its value. Previously, it was benchmarked against agents such as aixbt and luna. Now game has switched to benchmarking against ai16z. It has soared 3x in recent days, and its market value is close to aixbt. It feels like the ceiling will be even higher in the future.