Bitcoin's profits have just entered the blue zone, and the main upward wave has just begun. Since November, the bull market has only lasted for two months, and there is typically another six months of upward cycle to come. When it's time to escape the peak, I will remind everyone to run together.
From the daily chart of Bitcoin, the price is blocked around 98363, but the 4H to 12H trends show a clear upward structure, and once stabilized, it may further expand its gains, with the 100,000 mark close at hand.
Within the 1H to 4H range, all levels have completed bullish repairs, the price has moved away from the bottom, and is currently at a key point after two pullbacks. The market is accumulating power before breaking through previous horizontal resistance, possibly welcoming a third wave of upward movement.
ETH faced resistance around 3635, and the current price is still oscillating in that area.
From the 4H trend, the price has successfully broken away from the bottom, forming a tower bottom prototype, but this area is also a suppression zone with multiple patterns. There is resistance from the previous M top neckline, a downward continuation, and a dense area of shorts. Without a significant volume increase, the operation is suitable for aggressive positions and a low long mode after a pullback.
After reviewing the overall market situation, let's look at some analysis of altcoin operations: pay attention to the Nvidia conference on the 6th, and the peak escape timing for FET and RENDER!
Let's look at some altcoin opportunities!
First up is DOGE, Musk has made another big move!
Twitter CEO Linda revealed that the long-awaited X payment will be launched this year, leading to speculation in the community about Dogecoin (Doge) as a payment currency. This possibility is quite significant:
Musk's vision for the universal app
Musk has repeatedly expressed his desire to turn Twitter into a universal app similar to WeChat Pay. The launch of X payment this time may integrate features like tips and red envelopes, and Doge has great potential as a reward currency. In the past, the Twitter logo was changed to Doge, Musk's new department is also named 'Doge', and he even set Pepe as his avatar, showcasing his whimsical style.The fit of Doge with the payment ecosystem
Tesla has already supported the purchase of some goods with Doge, and it is inevitable that X payment will use USD and EUR as the main currencies. However, if a Doge option is added, the market reaction could be very positive, and Doge could even rise by 50% or more as a result.Possible stablecoin plan
Musk founded PayPal, and PayPal has issued the stablecoin PYUSD. This time he may follow suit and launch his own stablecoin to further expand the payment sector.
Although the specific launch time of X payment has not yet been determined, Musk will officially join the cabinet on January 20, which is a major positive for Doge. Before that, Doge is expected to challenge the previous high of 0.48, and may even hit the 2021 high of 0.7.
Currently, Doge has considerable unrealized gains. It is recommended to pay attention to the key date of January 20. I plan to hold until that day to take profits, regardless of the price, because a pullback may occur after that, with opportunities for high selling and low buying, steady and secure.
Another one is UNI; Little Meow previously mentioned this coin is set to upgrade, so let's take a closer look.
Uni's positive news has two major highlights:
UniSwap V4 version iteration
Uni announced that it will launch UniSwap V4 in the coming months. This is another major upgrade since the launch of V3 in 2021. In the last bull market, the release of V3 propelled the Uni price from the beginning of the year to a historical high of $44. This V4 upgrade will significantly improve performance and reduce fees, likely drawing market attention again.L2 expansion network
Uni plans to launch its own L2 expansion network in Q1 of this year, featuring a block time of 1 second, trading fees that are 20 times lower than the Ethereum mainnet, and supporting cross-chain transactions across dozens of EVM chains. This will greatly enhance its competitiveness.
In addition, as part of the Ethereum ecosystem, Uni will also benefit from ETH's Prague upgrade. Overall, Uni has value for low-position allocations and could be considered for holding until the V4 version goes live, or it may reach a peak in its price.
SUI reached another ATH, with a market cap jumping to 12th place; if we exclude stablecoins $USDT and $USDC, it has already entered the top ten. It soared 18% within 24 hours, reaching a historical high of $5.22.
Recently, SUI has been frequently collaborating. OKX Ventures announced today that it has invested in the liquidity staking protocol Haedal on the Sui chain, where users can obtain liquidity staking tokens (LST) by staking SUI tokens and earn rewards in DeFi. Staking is often a key factor in driving prices up, so I recommend paying more attention to related developments. It is indeed one of the potential coins selected by Little Meow; you can check historical articles for many mentions about SUI!
Recently, there have been constant on-chain hotspots; today I recommend a BUZZ.
The more I look at $BUZZ, the more I like it, entering with a market cap of 31M, continuing to increase my position. AI Agent + DeFi is the easiest narrative to land, and with strong background support, it is worth looking forward to. I'll get on board first to test the waters for everyone; wait for my updates on how it feels! DYOR.
The article ends here. Currently in a bull market with swirling changes, we share passwords every day. If you're unsure about what to do in a bull market, feel free to follow along for spot market passwords and layout strategies, which can be shared for free. Let's embrace the bull market, improve our win rate, and say goodbye to being trapped at high positions.