Happy weekend!
Bitcoin's closing price has once again settled above $100,000, indicating a solid standing at this psychological level, which lays a good foundation for a continued upward attack. The next few days may continue to see fluctuations while seeking opportunities to break through this key level.
With the US stock market closed over the weekend, altcoin markets will take over. Some restless altcoins have already started a crazy rally in the past two days, and there will definitely be more wild performances over the weekend. If you notice any unusual movements early, you can jump in to catch a short-term rise, just remember to enter and exit quickly.
And the only thing we need to do is be patient!
From the current trend, during Trump's four-year term, Bitcoin is likely to enter a long bull market, and what we need to do now is select strong coins: those that either drop less or drop sharply but recover quickly, focusing on strong narratives.
In the current market environment, the DEFI sector has the most prominent application value and is one of the most complete development tracks.
From the recent independent market performance of DEFI projects, including Trump's purchase of LINK and AAVE, it is highly probable that Ethereum will lead a wave of independent market movement for altcoins in the future. This is because Trump's interest in DEFI projects indirectly signals confidence in Ethereum.
Most of the top DeFi projects in the market are built on the Ethereum ecosystem. Many major institutions still prefer Ethereum, such as Coinbase's Base chain.
Because Ethereum has comprehensive security advantages for DeFi, not only in terms of network decentralization but also with numerous security cases, audits, and white-hat resources, which are all crucial for DeFi and major institutions.
Trump has already started laying the groundwork for altcoins before taking office, and we are looking forward to the changes he will bring to the crypto space after officially taking office. Currently, the outlook seems quite friendly, and there will be significant room for imagination going forward!
Top DeFi projects like UNI and Aave are worth paying attention to!!!
Finally, it is normal for a quick bull market to undergo consolidation and correction; only by solidifying the foundation can we create conditions for further increases.
Therefore, if there is no clear operational strategy, it is recommended to remain cautious. Holding USDT to earn interest or participating in airdrops is also a good choice.
Dog Brother recommends these tokens with unlimited potential:
» Hyperliquid ($HYPE)
Market Cap: $7.136 billion
24-hour trading volume: $216 million
HYPE is the native token of the decentralized exchange Hyperliquid, and its trend mainly stems from its price movements.
HYPE, as a Layer-1 blockchain token just launched a week ago, has shown particularly remarkable performance.
Since its launch, HYPE's price has surged over 200%, and even without being listed on any centralized exchanges, its daily trading volume has reached millions of dollars.
» Avalanche ($AVAX)
Market Cap: $21.529 billion
24-hour trading volume: $851 million
Avalanche has recovered 9% from a 10% decline in the past 24 hours, finding support at $52.
Despite this short-term 'buying the dip' opportunity, Avalanche holders have seen the value of their holdings increase by more than 74% in just one month, but it remains at a high level.
Avalanche recently launched the Avalanche9000 upgrade, enhancing the usability and scalability of the Avalanche chain.
Recently, there have been reports that Trump’s chosen Vice Premier JD Vance is a fan of Avalanche and has held Avalanche tokens for some time.
This may lead to favorable considerations for Avalanche products in the future, ensuring a bright future for US Avalanche holders.
» Cellframe ($CELL)
Market Cap: $48.4032 million
24-hour trading volume: $5.4697 million
The CELL token supports transactions and smart contracts on Cellframe, which is known for its quantum-resistant L1 architecture.
With the launch of decentralized exchanges (DEX) and upcoming catalysts like AI integration, CELL is prepared for growth.
Additionally, in June of this year, Layer 1 network Cellframe announced a partnership with the stablecoin cross-chain bridge Symbiosis.
Through this collaboration, Cellframe Network will bridge to Ethereum, Polygon, and other blockchains, enabling fast, frictionless cross-chain transfers and exchanges.
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