Market Analysis (Issue 8)
Today is December 23rd. Although Bitcoin has been fluctuating around 95,000, Jason thinks it needs a little adjustment, and tomorrow might see a small rebound. Today is a good time to start positioning in quality assets.
Bitcoin's sideways movement can still be maintained in the short term. In a few days, it will be Christmas and Christmas Eve. If there's a crash on Christmas Eve, that would be too chaotic.
Ethereum is still quite strong. Jason mentioned yesterday that 3100 won't drop in the short term, advising everyone to buy on dips. Swing trading is not a problem; you can make a few rounds of trades.
Solana's performance is much weaker. It has tested previous lows several times, showing signs of a drop, but then it rebounds. In the short term, I’m not optimistic about Solana; it needs a break.
Today's altcoin market doesn't have any standout themes. Only FTT saw some speculation. Jason noticed FTT a few days ago and advised fans to position themselves in this coin early, which paid off. Some recently launched coins like ORCA and PENGU are still worth watching; they should at least show some movement.
Jason recommends coins backed by Grayscale holdings and major institutions, especially projects in the Trump sector for initial positioning.
