December 29, 2024
Time flies, and it is the last weekend of this year. Overall, this year's market is still good, and the two waves of market are much better than the past two years. Although these two waves are not the market of copycats, especially this wave, the expectations were very high, and some copycats have already started to pull the market, but the funds are basically on the chain of Bitcoin and Solana, and the impact of the double holidays has led to the current important adjustment.
However, I always emphasize that this wave of adjustment is the halftime break of this round of bull market, and next year will be the real crazy bull. Looking at the old-school mainstream, DeFi and meme that were relatively strong before, the callback range is not small, generally 30-40% retracement, but the basic sectors such as Aave, COMP and CRV have not changed in the short term, and even some TVLs have improved. I think it is not a big problem to buy some now.
Today I saw a rumor that FTX's compensation will be available in a few days. If it is true, it will be a big blood transfusion for the cryptocurrency circle, especially now that the activity of the Solana ecosystem is the highest among all public chains. In general, the market next year is worth looking forward to, and the funding side is much better than before.
In the short term, the volatility has begun to gradually decrease. In the past few days, there are a few coins that have pulled up every day, but the overall market is gradually cooling down. Once this trend is formed, it will definitely continue for a while. However, considering that Christmas is over, you can start to build a position appropriately and try to get a good start in 25 years.
Thank you for your attention and likes.