Good afternoon, brothers and sisters, a new week has begun, and this month is also the last incomplete month of the year, with only about 20 days left until the Spring Festival.
Lastly, I hope that before the year ends, brothers and sisters can enjoy a big feast and have a prosperous year. Recently, if there are opportunities, I will also share with the brothers as we sprint together!
The rise of Bitcoin was basically within expectations. After testing the 102,500 position, it was directly brought back down on a small scale, but currently, it is mainly in high-level fluctuations.
The selling pressure around 102,500 has mostly been digested, with continuous consolidation and fluctuations. If there is sustained volume-price movement leading to another rise, the pressure will need to convert to support, focusing on 105,500 above and 99,500 below.
The chips that were stuck during Ethereum's accelerated decline are also gradually being unstuck, and it is currently moving up steadily. The small scale has not seen much volume or accelerated rise yet, and the trend is basically synchronized with the big brother.
Ethereum seems to be waiting for an opportunity. The rebound also needs to be influenced by objective factors, such as the exchange rate's volume increase. Ethereum is just one opportunity away. The upper level still focuses on the 3,800 position, while the lower level focuses on 3,580.
Returning to the main topic:
Trump has about half a month left before taking office, and the upcoming Trump administration is expected to usher in a new period of turmoil.
Moreover, there will definitely be capital operations leveraging this news to create hype, and it will again be a battle of long and short positions.
Let's talk about a few tokens related to Trump:
$TRUMP historical high point of $17.51, currently at $3.12, market cap of $141 million.
$MAGA market cap of $46.12 million, symbolizing the campaign slogan 'Make America Great Again.'
Also, tokens related to the Trump family DeFi project World Liberty Financial are worth paying attention to, including ETH, cbBTC, LINK, AAVE, ENA, ONDO, etc.
2. Elon Musk-related concept coins
$DOGE currently at $0.3827, market cap of $56.4 billion.
Department Of Government Efficiency ($DOGE): A meme coin that shares its name with the abbreviation for the Department of Government Efficiency, with a market cap of $227 million.
$PNUT surged due to Musk's tweet, market cap of $734 million.
$KEKIUS influenced by the frog avatar, market cap of $103 million.
3. AI and cryptocurrency director at the White House David Sacks related concept coins
$DYDX Craft Ventures investment, market cap of $1.15 billion.
$HNS Craft Ventures investment, market cap of $6.51 million.
$ZRX David Sacks serves as an advisor, market cap of $453 million.
$SACKS & $CZAR (meme coin): Market cap of $549,900 and $396,000 respectively
4. New SEC chairman Paul Atkins related concept coins
Additionally, the newly nominated SEC chairman (Paul Atkins) by President Trump is about to take office. Paul Atkins has served as an advisor to the Reserve Protocol for the past five years.
So RSR will definitely continue to have speculative expectations and market movements. I have already recommended the spot previously, and there is more than 30% space at the highs. The VIP tutoring class has been conducted in batches, and next we will wait for the subsequent market to decide whether to buy in again.