After many pullbacks in the bull market in 2021, the short-term weakness of the market continued to see losses from pullbacks, resulting in the missed opportunities to buy many times. If you believe that there will be a bull market in the next two years, then the current pullbacks are opportunities, and you will not be trapped for a long time. From the perspective of the daily and weekly EMA, it is still a bullish pullback stage. Now it is close to EMA21-55, which is an opportunity to buy again (death cross will clear the position and reverse the trend)

So in summary, for medium and long-term traders, do not focus on short-term trends, but use medium and long-term trading cycles and execute at expected points. Short-term 40K is a watershed, which may break but must be the first buying point for medium and long-term trading. You can prepare for the second buying point of 38800-36000 (it is not easy to reach directly at present, I think it will rebound to 43K or 44K before this). The third buying point: 30-31K is the final falling end point after the rebound to the second high point and then the callback. The goal after buying all is the final high point of the bull market in 24-25 years, which is also the efficacy period of ETFs.

Potential coin analysis:

Hashflow (HFT)

Hashflow (HFT) has launched version 2.0, bringing significant advancements to its platform. Hashflow 2.0 now stands out as the first DEX to pioneer cross-chain trading between Ethereum and Solana, expanding its influence in the cryptocurrency space. Hashflow's (HFT) unique request for quote (RFQ) technology enables low-cost trading and fast execution. Since its launch in April 2021, Hashflow (HFT) has settled more than $17.6 billion worth of trades and accumulated more than 80,000 users.

Hashflow (HFT) is currently trading in a price range of $0.301 to $0.440. The 10-day moving average is $0.352, and the 100-day moving average is $0.318. The support levels are $0.091 and $0.231, and the resistance levels are $0.509 and $0.648.

If Hashflow (HFT) expands its products and users, it may continue to grow. Hashflow (HFT) emphasizes cutting transaction costs and speeding up transactions, which may attract more and more traders. But Hashflow (HFT) needs to constantly change if it wants to stay ahead in the competitive DeFi market. In addition, this is not just a problem for the platform itself - its future depends on the acceptance of DeFi and whether the market can remain stable.

NEAR

Near Protocol (NEAR) has recently experienced a massive surge in its market cap, growing 65% in just four days. This impressive growth has led Near Protocol (NEAR) to a 440-day high of $3.44. The momentum started in November when Near Protocol (NEAR) broke above a descending resistance trendline that had been in place for 540 days. After breaking above this key level, NEAR began a strong uptrend, signaling a bullish turn in its market journey.

Near Protocol (NEAR) price action showed a breakout of an ascending parallel channel that had been curbing its gains since October. The breakout led to an acceleration of gains that pushed Near Protocol (NEAR) above key resistance levels of $2.70 and $3.40. The momentum indicator, the Relative Strength Index (RSI), is currently above 50 and has crossed 70, indicating a strong bullish trend.

The bullish trend in Near Protocol (NEAR) seems sustainable. If Near Protocol (NEAR) maintains its momentum and closes above the $3.40 resistance, it could rise further by 50% to reach the next resistance at $5. However, a close below $3.40 could trigger a drop to the $2.70 support area.

One Protocol（ONE）

In recent years, UMA’s price has surged by an impressive 80%+, pushing its market cap past $300 million. The project’s current focus is on a groundbreaking development called “Oval.” Uma Protocol, known for its oracles, has teased the “Oval” project.

Uma stated that Oval is designed to protect DeFi lending protocols from potential minimum extractable value (MEV) attacks. Likewise, Uma’s co-founder highlighted the losses incurred by such attacks, sparking expectations for “Oval” as a highly anticipated solution. Additionally, investors speculated that “Oval” will actively incorporate UMA tokens into its mechanisms, potentially driving the value of $UMA.

Hence, traders are optimistic about UMA with a Greed Score of 56, indicating buying at higher levels. Nonetheless, the number of UMAs in circulation in the market is at most 101.17 million, with about 6.24 million of them in circulation. On a positive note, UMA holds a solid 18th position in the DeFi token space and 7th position in the Yield Farming space. Additionally, it holds the 43rd position in the Ethereum (ERC20) token space.   

Furthermore, UMA’s price surged 206% last year, outperforming 85% of the top 100 coins. Moreover, it is above its 200-day moving average, indicating an overall uptrend. By extension, UMA has had green candles in 17 of the past 30 trading days. Apart from this, UMA is actively trading near its cycle highs, showing strong liquidity based on its market cap.

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