After the market and Ethereum experienced a spike yesterday, there was a direct second exploration.
The market hit a low of around 94,200.
Ethereum around 3,510.
Ethereum around 3,500.
It is already a good low-buy area. For those who previously made profits at the low, or for those who haven't entered yet, wanting to lay out again for ETH's hype next year, around 3,500 is completely a good entry point.
In a bull market, sharp drops are slow to recover; each sharp drop is a good opportunity to build positions again. The key is human panic or greed, always thinking about buying at lower prices. We should just enter according to our established plan.
Currently, sweet girl's judgment on the market is that the bull market has just begun:
Whether BTC can reach $200,000 or $300,000 is uncertain; just know that it has just begun—this round is no longer determined by the old investors, but by micro strategies, by Mara, by the national reserves of beautiful countries, and by the national reserves of Russia, and by the pensions of various countries.
Speaking of the larger environment: this month has both positive and negative news, friends should be cautious.
January 2025, Trump takes office.
News emerged yesterday that Trump hopes Bitcoin will reach $150,000 in the early days of his presidency. Wow, so at that time, can ETH bring altcoins along for a ride, along with expectations for loose policies and other benefits?
On the bearish side, pay attention to interest rate cuts and economic conditions, but next month's monetary policy meeting is on January 29. Officially appointed is 1.20.
Let's pay attention to this week's macroeconomic situation, several key inflation data are about to be released, which will affect expectations for the next interest rate cut.
The data to be released on Wednesday at 9:30 includes: CPI.
PPI will be released on Thursday at 9:30.
Tonight's CPI data release is undoubtedly the market's focus, and many friends have already started speculating on how Bitcoin will react; sweet girl is still quite optimistic.
The logic is still the same as last Friday's non-farm data; currently, inflation is expected to rise, and even if inflation data slightly rises, it won't affect the Federal Reserve's established path for interest rate cuts in December.
A continuous 72-hour decline is also rare in history, so the possibility of a short-term rebound remains high. Just as a bowstring, when pulled tight, must be accompanied by strong rebound force.
Sweet girl recommends the wealth coin that has seen a good rise recently:
◢ Koma Inu ($KOMA)
Market cap: $161 million.
24-hour trading volume: $155 million.
Breaking through KOMA, is a new ATH brewing?
Koma Inu is a dog-themed token, Koma is the son of Shib and the protector of BNB, built around community-driven decentralization and adoption.
Driven by pure meme energy, $KOMA is created by the community and serves the community.
Officially and comprehensively became the undisputed market leader of the BNB Chain.
The cats have had their time—now it's the dogs' turn to lead and make BSC memecoins great again.
◢ Jito ($JTO)
Market cap: $1.039 billion.
24-hour trading volume: $346 million.
The SOL sector, benchmarked against the LDO market cap of the ETH sector, should conservatively be at least 60% of its market cap.
This coin rises slowly when it goes up, and declines gradually when it goes down.
It starts to act when the market crashes; everyone should get used to this.
So every time there is a big drop, it can be leveraged; sweet girl will definitely mention it every time.