Good evening, everyone. Yesterday BTC and ETH fluctuated at high levels, and market trends were mixed, with the DeSic track performing brightly.
Last weekend, Musk posted two interesting pictures on social media: one of a dog running in the city and another of him riding a pony. The release of these two images triggered movements in the MEME sector, with Babydog's daily increase reaching 90%, Doge also rising slightly, while PEPE hit an all-time high in the evening.
Today's noteworthy news is that Amazon's shareholders proposed converting 5% of its assets to Bitcoin.
After Microsoft's vote to prepare to include Bitcoin in its reserves, the Public Research Center submitted a proposal to Amazon, suggesting that the company include Bitcoin in its asset reserves.
This proposal clearly explains why shareholders of these large companies want the company to reserve Bitcoin.
The proposal points out that the company's value depends not only on its business profitability but also on its ability to protect the value of its profits, thus safeguarding the interests of its shareholders.
Amazon currently has $88 billion in assets, such as cash, securities, and bonds, but the returns on these assets are not keeping up with inflation, effectively diluting shareholder value.
Therefore, they suggested converting this portion of assets into Bitcoin, which has greater value retention and even appreciation potential. This proposal is expected to be discussed and voted on at the 2025 Amazon shareholders' meeting.
Regarding this proposal, Binance founder CZ stated that it's a simple issue: just accept Bitcoin payments.
It can be seen that regardless of whether large companies like Microsoft and Amazon ultimately pass this proposal, this trend has already formed. Currently, Amazon's market value is $2.38 trillion, and even if they only buy 5% of Bitcoin, that's equivalent to $165 billion. If this proposal is passed and executed, it may push Bitcoin to challenge the high point of $130,000 to $150,000.
Does this mean that Bitcoin is about to start a new wave of market activity?
The trend over the past few months has largely mirrored the trends of 2023, with October seeing a surge followed by a very strong upward consolidation, ultimately peaking on January 10 when the ETF was launched.
This time, it also started to take off in October, with upward consolidation beginning in late November and early December, with too many buy orders preventing a decline. It is highly likely that it will surge again towards 120,000-140,000 in January, coinciding with the inauguration dates of Trump and Musk. I think the probability of this trend forming is very high.
In the short term, various news will influence the market, such as the largest company by market value, Microsoft, holding a meeting tomorrow night to discuss whether to invest in Bitcoin. The outcome is uncertain; if approved, Bitcoin will rise at least 10%, while if not approved, it may slightly retract.
So the general direction is to see high points of 120,000-140,000 on January 20, benefiting Dogecoin as well. In the short term, we can look forward to Microsoft's meeting next Tuesday evening.
This week, there is also Powell's Federal Reserve interest rate decision. With the new official taking office, there will definitely be some positive news!
Let’s take a look at the highlights of the future market:
1. The CX effect continues to ferment, Wall Street capital is lining up to enter, and many traditional Chinese financial companies are also entering. Therefore, Bitcoin will rise. If you want to buy, don't look at individual prices; look at the appreciation ratio. So far, there hasn’t been a token that can outperform Bitcoin in the long run.
Ethereum still has a chance, even though there won't be much to showcase in 2025 that can convince people that making money is the best application. It is the only second candidate for the ETF and the original bloodline of the DeFi sector, having experienced all the bull and bear markets, with various applications and fundamentally strong without breaking previous highs.
3. Future market analysis may not follow the previous patterns of looking at lines and data; it will also require reference to policy adjustments after Trump takes office, as well as the movements of BlackRock, MicroStrategy, Grayscale, etc. Pay more attention to the types of tokens held by these institutions.
4. Execution + patience are essential skills for this bull market. Find your area of expertise, make a decision and deploy immediately; don’t wait until you miss the train and regret it. Sectors will definitely rotate. Don’t say this coin is bad, and that coin is good. After experiencing the entire bull market, everyone will achieve results and find reasons for the rise; the rest is just patiently waiting.
5. Every bull market cycle has a new narrative. Stay alert to capture new information. A new narrative simply means that there is a consensus that this is another breakthrough in blockchain, instantly attracting all money and creating a strong wealth effect, which is more lasting and larger in scale than MEME.
6. It is a firm belief that no one can buy the bottom perfectly, and no one can sell at the peak. Therefore, when investing, do not think this coin has a high unit price and develop a bias against it. Instead, analyze what it will do next, learn, and study to form your own judgment logic, and escape the top before the bull market ends.
