Bitcoin and the US stock market have experienced a wave of declines, breaking the small support of 95,000, so the next support will be placed at 90,000-92,000, especially the 90,000 position, which is best to be supported. If it cannot be supported, there may be a big dive, which will cause market panic and cause panic selling, which will push the price to the risk of around 85,000. If 90,000 is lost, the depth and width of the adjustment will be extended, and the cottage will not be able to withstand it.
Ethereum is still stuck at the awkward 3,300 points. In the past year, it has repeatedly tried to reach 4,000, but has repeatedly failed. In my opinion, the script for Ethereum's rise has been designed long ago, and a large amount of funds from Wall Street have been ambushed in advance, waiting for specific conditions to be triggered.
Trump will take office on January 20. There is a high probability that subsequent policies will allow ETFs to provide customers with staking income. Coupled with the positive impact of the US interest rate cut, the attractiveness of Ethereum spot ETFs will even exceed BTC. Not only can you enjoy the dividends of the Ethereum ecosystem growth and rising coin prices, you can also earn interest while doing nothing.
When ether rises, all things come into being!
From October 23 to March 24, there was a big market for copycats, including the Ethereum Cancun upgrade in March 24
From January to April 23, the Shanzhai market was in full swing, and Ethereum Shanghai was upgraded in April 23
From July to August 2022, there will be a big market for copycats, including the Ethereum Paris upgrade in September 2022
From July to November 21, there will be a big market for copycats, including the Ethereum Glacier upgrade in December 21
From November 2020 to May 2021, there was a big market for copycats, including the Ethereum Berlin upgrade in April 2021
From historical data, we can see that every time before the Ethereum upgrade, there will be advance hype! When is the next Ethereum upgrade?
Prague upgrade in March 2025! In the past, Ethereum's favorable speculation would be 2-3 months in advance, so I don't need to say more. Next, everyone must let go of those weak junk currencies. At present, many altcoins have stopped falling, and the bottom range has been formed. No matter how it adjusts in January, it is the last chance for everyone to get on board. Here are some good bargains:
RSS3
You can go all in directly at the current price of around 0.13. The price is at a low level, and the bottom is obviously accumulating funds. This coin has a surge in the first quarter every year, and it does not follow the market. The pattern shows signs of a breakthrough and reversal, so you can use 15%-20% risk in exchange for more than 70% profit, which is very cost-effective!
HYPE
HYPE is approaching the 23-25 support range, and you can try to buy in this range for swing trading. The stop loss is when the 4-hour K-line closes below $20.
Every time the altcoins surge, many newcomers hesitate whether to chase the highs. Every time they plummet, many newcomers ask whether to sell at a loss. Since they regret not getting on board at a low point, why are they hesitating again now that the opportunity to get on board has come? Currently, as long as there are contracts for the coins on the list of rising coins, they basically have negative fees, and they are particularly high. It seems that everyone has no expectations for the market in the short term. Whenever there are consecutive high negative fees, it is also the time when the market is coming.
The current cryptocurrency market is similar to last year, with a wave of panic first and then a wave of rapid rise. Currently, a wave of panic has been realized, and it depends on whether there will be a bottoming out and a wave of rise. By then, it is expected to rise quickly, perhaps in ten days or half a month. At that time, we will see which series of copycats will perform well. Now, there is gold everywhere.
2024 is about to end, and 2025 will definitely be a year of a big bull market. We are in a short-term winter in the bull market recently, and after we survive it, we will usher in a super bull market explosion. As I said before: reject contract leverage, hold on to the spot, you will definitely be the winner in this bull market. Finally, I wish you all big profits in 2025.
