Weekend Market Forecast: The Altcoin Season is Coming, Seize the Opportunity!

FTX's bankruptcy plan has officially come into effect, and the first round of compensation will be distributed within 60 days, most of which will be in stablecoins. This influx of funds into the market may trigger a surge in altcoin activity. Smart investors have already started to position themselves; don't miss out on this wave of market movement!

Popular Altcoin Trading Suggestions:

1. SOL (Solana)

Today, altcoins are experiencing a general rise, but SOL has not yet broken through the key resistance level on the daily chart, with a focus on $225. It is recommended to patiently wait for a breakout before taking action.

2. FTT

For those holding FTT, be cautious; the realization of good news often marks the beginning of bad news. It is advisable to reduce positions appropriately to lock in some profits and avoid potential risks.

3. CHILLGUY

Technical breakout at the 4-hour level, currently worth monitoring, target price $0.3. Short-term opportunities are emerging, suitable for active trading.

4. LDO

As an important part of the ETH ecosystem, LDO's trend follows that of ETH. If ETH is strong, LDO will also perform well. It is advisable to hold for the medium to long term.

5. DOGE (Dogecoin)

It took off last night, showing strong momentum, with still some room for upward movement, suitable for short-term trading.

6. MAJOR

Currently operating within a range, focus on the resistance level of $0.68. If it breaks through, you can enter; if it retraces without breaking support, you may wait for a rebound opportunity.

7. PNUT

Continue to hold yesterday's view, with a short-term target set at $1.02, adjusting flexibly according to market trends.

8. FET and Render

Positive expectations will continue until the Nvidia CES conference on January 6. It is advisable to pay early attention to top signals and exit in a timely manner.

Summary:

This weekend's market presents a great opportunity for positioning. As FTX compensation funds are gradually released, the market may welcome a strong rebound. Plan your positions wisely, select quality altcoins, and seize the market explosion point in January!