Will the market in December follow the previous pattern of a correction and then rise again, or will it be a thorough cleansing?
First, the pie:
Judging from the current market capitalization, there may still be some room for decline. Of course, it also means that there is a certain room for the copycat to rise. After all, if the market capitalization of Bitcoin goes down, the market capitalization of copycat will go up accordingly. Secondly, various data for December have been released one after another, such as ADP, non-agricultural, CPI, interest rate decision, and the giant Microsoft mentioned earlier will also decide whether to use Bitcoin as the company's reserve asset at the beginning of this month. If it is passed, it will undoubtedly increase the buying power, but at the same time, the market volatility will also increase.
Speaking of ETH:
Last Friday, Ethereum's ETF saw a single-day capital inflow of over 330 million USD, while Bitcoin's inflow was only 320 million USD. This marks the first time in human history that Ethereum ETF surpassed Bitcoin in a single day, even trending on social media. As a result, Ethereum's price peaked at 3760, which can be considered a slight rebound. It still lags behind Ethereum's true breakout, as Bitcoin has reached new highs multiple times, while Ethereum hasn't returned to this year's highs of 3977 in May and 4093 in March, and is still 1000 away from its historical high of 4800, much further from Bitcoin's 100k target, indicating significant upward potential for Ethereum.
Currently, with a strong rebound from the second largest, some altcoins have also seen a certain increase, so a slight adjustment is normal. This indicates that a real bull market for altcoins is brewing, and appropriate corrections will not affect the overall trend of the upcoming bull market, but rather provide opportunities for us small investors.
No matter what you trade, focus on the leaders:
For example, in the Meme track, focus on leading projects like PepeDogeShibPnutChillguy, etc.
In the Defi track, pay attention to UniAaveLinkCrvEns, etc.
In the public chain field, focus on SolSuiAlgo, etc.
As Ethereum enters a slow oscillating upward phase, it is more suitable to look for those popular tracks that are relatively resistant to declines and buy them in batches, seeking higher returns in the upcoming rapid rise of Ethereum!
It's okay to miss XLM/XRP/ADA, focus on the market, otherwise you will miss even more.
➜$ONDO
A truly grounded RWA star leader, working with the same Wall Street market maker as Sol Tia, backed by BlackRock.
Ondo is building the next generation of financial infrastructure to improve market efficiency, transparency, and accessibility.
➜$RSR
Reserve Rights is an ERC-20 token that plays two key roles in the Reserve protocol.
RSR is not just a governance token. In the case of collateral token defaults, it can also serve as a safety net for RToken holders.
➜$TRU
Currently, the market capitalization is only 180 million USD and is in a fully circulating state. The trading volume has gradually increased over the past few days, indicating heightened attention from funds.
TRU coin, as an emerging hotspot in the RWA concept, shows strong growth potential in liquidity and fundamentals. It has received investment from a16z, and the founder's background adds to its strength. In the current market environment, TRU coin is expected to become a new favorite among investors.
➜$POLYX
DEFI+RWA dual attributes, dark horse, POLYX has Binance investment background
POLYX is an institution-level permissioned blockchain built specifically for RWA.
The weekly chart hasn't entered strong resistance yet, but is rising in synchrony.
➜$RIO
Realio Network is an end-to-end platform based on blockchain, designed for the issuance, investment, and management of digital securities.
Its unique infrastructure combines the advantages of traditional finance and decentralized finance.
The project has SEC approval, and the future ceiling is quite high.
