December 24th, Tuesday, Merry Christmas!

✅️ Market Review and Analysis

The overall market trend is consistent with what was mentioned in yesterday's blog post, Bitcoin and Ethereum continue to fluctuate, most altcoins are similar year-on-year. Today is Christmas, and it is not recommended to make any trades. The market remains in a fluctuating range; as of now, the market price is around 94,200 for Bitcoin and around 3,400 for Ethereum.

Intraday Resistance and Support

BTC Resistance 94,800/95,500/96,200

Support 94,000/93,200/92,500

ETH Resistance 3,450/3,520/3,600

Support 3,380/3,300/3,240

🈶 Pinning can be accepted

✅️ Spot Market and Primary Market

The primary market can still pay more attention to Alpha projects, of course, not to chase highs, but to add to the watchlist. If there are significant pullbacks, consider buying a little. However, the possibility of getting high multiples from Alpha projects is quite low, but the risk of going to zero is also much smaller. Here, I recommend a project called Banana.

CA:0x3d4f0513e8a29669b960f9dbca61861548a9a760 is currently around 0.0048, and it should be fine to see some growth.

In the spot market:

1⃣ Usual, because of the news from Binance Labs last night, it directly surged from around 1 to about 1.4. It was mentioned in previous blog posts, but it didn't drop to the target buy price, which is a bit of a pity. If there is a pullback, it can still be considered for entry.

2⃣ Regarding Zen and LPT, Grayscale continues to buy more Zen. Zen can be said to be the most eye-catching recently, rising against the market trend, with spot prices reaching close to 40, a multiple increase. LPT is comparable; I’ve been consistently recommending building positions in LPT, around 13u. As of now, the highest price is 19u, with spot profits around 40%.

Currently, in terms of market cap comparison, Zen is at 600 million USD and LPT is at 680 million USD. With the favorable support from Grayscale, there is actually a lot of room for growth in this market cap; both are aiming for the first target of 1 billion USD.

3⃣ In the spot market, we can see that the strong coins from a while ago have rebounded significantly, such as Aave, Crv, Zec, Scr, etc. The strong get stronger, while the weak remain weak. It really requires a shift in many perceptions!

Current main holdings in spot coins

ETH LPT SSV MASK FTT DOGE, etc.

Here, pay attention to Steem, Bat, and Lumia for potential buy-in on pullbacks

Steem around 0.23

Bat around 0.24

Lumia around 1.46