The winter solstice has arrived, and we experienced the darkest night last night; from now on, the days will gradually get longer, and good days have slowly begun~
After six months of review, the U.S. SEC has recently approved the first Bitcoin and Ethereum mixed ETFs, including the Hashdex Nasdaq Crypto Index US ETF and Franklin Crypto Index ETF. Analysts expect strong market demand for these products in the future. Meanwhile, the crypto market has seen four consecutive days of decline, with 90% of coins dropping in the first two days, but strong tokens did not fall much. In the last two days, all strong tokens have corrected, including SUI, DOGE, and PEPE, which have all retraced. With both strong and normal tokens having dropped, where else can they fall?
These are all spot trades, and they are all leading coins, so there is nothing to worry about. During the decline, it is just a matter of finding some good strong coins. If you really can't hold on and they drop too much, you can switch to some strong ones. Some coins drop a lot but rebound a lot, while others are just catching up on losses and rebound immediately after that. Some coins are very weak and do not rebound much at all.
3 altcoins are rising against the trend!
1. ALGO
Algorand (ALGO) has surged over 70% in the past month and over 160% in the past six months. Despite a recent drop of about 17% in the last week, the token is still trading in a favorable range. The recent resistance level is at $0.57; breaking this level could push the price towards the next resistance level of $0.71.
The relative strength index is close to neutral at 44.66, indicating upward potential. The 10-day simple moving average is at $0.37, and the 100-day simple moving average is at $0.41, showing that Algorand has strong upward potential as the anticipated altcoin season approaches.
2. UNI
The trading price of Uniswap (UNI) is between $14.40 and $19.33, showing strong recovery, up 63.09% in the past month. The RSI is at 50.63, indicating neutral momentum, while the stochastic indicator at a high of 84.20 suggests potential for an upward movement. If UNI breaks through the recent resistance level of $21.62, it could bounce back to the second resistance level of $26.55, representing an increase of about 37%.
The SMA 10 is at $14.74, close to the SMA 100 at $16.07, suggesting that bullish momentum is strengthening. With the altcoin season approaching and a global cryptocurrency bull market on the horizon, UNI may take advantage of this momentum to continue rising.
3. BNB
With the continuous development and adaptation of the Binance ecosystem, the potential of BNB remains strong. The current price of BNB is $711.86, benefiting from its integration with various aspects of Binance operations, including trading fee discounts, staking opportunities, and DeFi applications on the Binance Smart Chain (BSC). Even with market dynamics fluctuating, its role as a utility token ensures sustained and stable demand.
Looking ahead, the token burn mechanism will have a deflationary effect on BNB, potentially enhancing its value over time. Additionally, BNB's utility in facilitating cross-chain interactions and supporting new projects on Binance Launchpad keeps it relevant. While its utility is undeniable, broader competition from emerging platforms like BlockDAG may challenge its dominance as the best-performing utility token in 2025. Currently, BNB's potential continues to attract the attention of users and developers.
