The last train to spring?
After completing the second test yesterday, Bitcoin rebounded as expected, with a maximum rebound to 99,488, very close to the rebound high of 99,540 on the 21st. However, compared to the trading volume during the decline from the 19th to the 20th, this rebound's trading volume is still relatively small, and the rebound is too steep, lacking sustainability; yesterday, the total net outflow of the four indicative Bitcoin spot ETFs, FBTC, ARKB, BITB, and BTC, was $149.7 million, and Bitcoin ETFs continued to sell off on a large scale.
Considering that there are a lot of trapped positions between 100,000 and 103,000, the probability of Bitcoin breaking upward in this market environment is relatively small, entering a consolidation phase. However, as long as it does not fall below 97,000, it can continue to be bullish! Short-term resistance for Bitcoin: 103,000, short-term support: 97,000.
Are you still anxious about falling or rising?
In the crypto space, people often face the dilemma of 'worried about rebounds when falling, worried about missing out when rising.' Recently, popular coins like ZEN, LPT, and FTT have been good choices for us to enter early. Even friends who joined later, by tracking the market in real-time, can still make substantial profits!
When the market starts, the key is to firmly grasp the leading coins in hand. Taking LPT as an example, the previous rebound trends were not very strong, but I analyzed and tracked in real-time in the group, advising everyone to hold on. The articles on the official account also provided detailed explanations. Those who listened to the advice have already made a fortune ahead of others! For instance, as soon as the Grayscale news came out, it directly drove the market, rising 30% in just one day.
It is worth noting that coins like CRV, which were strong yesterday, might pull back today; conversely, coins that were mediocre yesterday might explode today. This is the rotation rule in the crypto space; seizing the opportunity requires only patience. Looking back, doubling profits is not a dream! Frequent coin swapping may lead to losses; once the market drops, you might lose everything.
Now the altcoins have already been oversold in advance, and the bottom has formed.
The market fluctuations over the past few weeks might be your perfect opportunity to get on board! I am very optimistic about the performance of altcoins in 2025, especially Ethereum (ETH), the big brother of altcoins, leading a group of younger coins into battle. Ethereum's trend is even more stable than Bitcoin, which fills people with confidence.
Recently, the Trump family's WLFI project took the opportunity to bottom-fish ETH during the weekend crash, which undoubtedly serves as a wake-up call for us. Moreover, I heard that some institutional ETFs have also started to buy Ethereum heavily; the future of Ethereum is worth looking forward to. I firmly believe that this pullback will be your last opportunity to get on board, and Ethereum is expected to soar to $8,000 in three months!
Additionally, this Musk being 'supported to death' might lead to trouble.
The recent crash in U.S. stocks and the crypto space, aside from Powell's factors, can also be attributed to Musk's influence. Last week, the U.S. government was on the brink of shutting down; everyone knows, right? Behind all this, it's actually the result of old Ma's 'nation governance' on Twitter, where he used social media to directly reject the government's budget, nearly causing a shutdown. There are now officials jokingly calling Musk the 'shadow president,' and some even suggested supporting him to become the speaker, which sounds like they're setting him up for failure.
However, Musk is currently being investigated by the military. Although I think he should not have any major problems, it still makes me sweat for him. After all, this tech giant and influential figure is always habitually 'pointing fingers' in various events.
Next, the entire market will enter a trend of new coins, meaning the market for coins that have just been listed for a short time. It's time to lay out the following potential coins in advance:
cow:
It's a Trump-themed coin, and such coins that dare to fluctuate up and down generally get hyped until Teacher Trump goes live. The current price has already exceeded the 0.9 I mentioned yesterday, directly breaking through 1.0. No need to say more, just one word!
move:
The price has stabilized above the opening price for 6 days; this position is solid. If the price breaks through the previous new high, it will be even more promising. In the short term, this is their time to act without restraint, with no selling pressure, a suitable moment to unleash appropriate energy!
PENGU:
The Fat Penguin Coin, mentioned a few days ago, basically hit the lowest point that day, and it's already up now, still having its speculative space in the short term.
Similarly, Alan Santana believes that LINK will exceed $35 recently. MN Consultancy founder and chief investment officer Michael van de Poppe even referred to it as a 'blue-chip' investment in a recent article on X.com.
In summary, although price predictions in the cryptocurrency market always carry inherent uncertainty, the combination of the above factors provides compelling reasons for Chainlink to potentially rise to $35 in January.
