The altcoin season has quietly arrived. Brothers, hold onto your chips; let's all go A8 together. The $16 billion compensation from FTX has created a huge buying pressure, giving birth to the altcoin season. Stock god Buffett has bottomed out with over $500 million in stocks and is optimistic about the first quarter's market. It is expected that by the end of January 2025, Ethereum and Solana will drive the entire altcoin to take off 🛫
To summarize today's key points:
1: Currently, Bitcoin's daily chart has not yet bottomed out, and the 4-hour chart is still consolidating. Short-term pressure is at 98,200. Large BTC spot holders are bottoming out at an average price of 95,655 with $100 million, which has become short-term support.
2: In the coming weeks, BTC will still experience a C-wave decline, so conservative operations are advised in the short term.
3: On December 27, BTC will face the largest options expiration event in history, which will lead to significant volatility.
4: Zen currently has Grayscale increasing its holdings for the third time, showing very strong performance. Pay attention to the coins that Grayscale is increasing.
5: The Trump family has been crazily buying DeFi-related coins this month, including ETH1, AAVE, LINK, and ENA. Not sure what they bought; follow the smart money.
6: Another whale has bottomed out with 30,795 LINK, which is also a good asset to allocate.
7: FXS has positive news regarding cooperation with BlackRock.
8: Whales have also bottomed out with 9 million ENA staked, which is worth allocating during dips, following the smart money operations.
Recently, I plan to stealthily invest in a potential coin that is ready to explode; doubling is quite simple. I am also preparing to find some potential coins to hold until the end of the year, expecting a space of more than 10 times is not a problem. If you want to follow along, watch my bamboo leaves, leave a message, follow, and like. Gold. Skirt.
