Today's Market News:
1. BTC market share declines: Some liquidity flows into altcoins, Bitcoin weakens. It dropped below 95,700 yesterday, marking its first adjustment. If it fails to rebound and stabilize at this level, it may maintain a bearish trend in the short term, with support levels at 92,800 and 90,900.
2. ETH rebounds strongly: After following BTC's correction, it quickly rebounds. In the short term, priority should be given to allocating Ethereum-related coins, with strong support levels at 3,365 and 3,334, and a defensive level at 3,300.
3. Attention to Maldives sponsor projects: SEI and SUI have seen good growth recently. Pay attention to the projects of the Japanese training camp sponsors: EDU, $APT, $YGG, IOTA.
4. Top trader Eugene's advice: has taken profits on long positions, remain cautious, and leverage long positions can take profits in batches.
5. FLOKI update: Valhalla mainnet launch postponed to Q1 2025, February to March will be the altcoin season, and positive news will continue to boost some projects.
6. Wintermute market making: Among the TOP 25 Memecoins, 64% have been listed on Binance, and NEIRO's holding ratio has surged to 13.57%, with a positive outlook for the medium to long term.
7. Focus on the DeSci sector: DeSci in 2024 will be a replica of DeFi in 2019, so this sector needs close attention.
