Good evening, brothers. Yesterday, BTC and ETH fluctuated at high levels, and the market showed mixed results, with the DeSic sector performing brightly.
Last weekend, Musk posted two interesting images on social media: one of a dog running in the city and another of him riding a pony. The release of these two images triggered unusual movements in the MEME sector, with Babydog's daily increase reaching 90%, Doge also rising slightly, while PEPE set a new historical high that evening.
Today's noteworthy news is: Amazon's shareholders proposed converting 5% of its assets into Bitcoin.
After Microsoft's vote to prepare for including Bitcoin in its reserves, the Public Research Center submitted a proposal to Amazon, suggesting the company include Bitcoin in its asset reserves.
This proposal clearly explains why shareholders of these large companies want the company to reserve Bitcoin.
The proposal states that the company's value depends not only on its profitability but also on its ability to protect the value of its profits, to safeguard shareholders' interests.
Currently, Amazon has $88 billion in assets such as cash, securities, and bonds, but the returns on these assets do not beat inflation and are actually diluting shareholder value.
Therefore, they suggest converting this part of the assets into Bitcoin, which has better preservation and even appreciation potential. This proposal is expected to be discussed and voted on at the 2025 Amazon shareholders' meeting.
Regarding this proposal, Binance founder CZ stated that it's a simple issue: just accept Bitcoin payments.
It can be seen that whether or not large companies like Microsoft and Amazon ultimately pass this proposal, this trend has already formed. Currently, Amazon's market value is $2.38 trillion. Even if they only buy 5% of Bitcoin, that's equivalent to $165 billion. If this proposal is passed and executed, it may push Bitcoin to challenge the high points of $130,000 to $150,000.
Does this mean Bitcoin is about to start a new wave of market action?
The market trend over the past few months has closely mirrored that of 2023, with a strong upward adjustment starting in October, followed by a very strong consolidation, ultimately peaking with the ETF launch on January 10.
This time, it also started to take off in October, consolidating upwards by the end of November and early December, with too much buying pressure preventing a drop. It is likely to surge again to around 120,000 to 140,000 in January, coinciding with Trump's and Musk's inauguration dates. I believe the probability of this trend taking shape is very high.
The short-term market will be influenced by various news, such as the largest company in global market capitalization, Microsoft, will meet tomorrow night to discuss whether to invest in Bitcoin. The result is uncertain; if approved, Bitcoin will rise at least 10%, and if not, it may slightly adjust downwards.
Thus, the general direction is to see a high point of 120,000 to 140,000 on January 20, and Dogecoin will benefit from this as well. In the short term, we can look forward to Microsoft's meeting next Tuesday evening.
This week, there will also be Powell's Federal Reserve interest rate decision. With a new official in charge, there will definitely be some positive outcomes!
Let's look at the highlights of the market trend:
1. The CX effect continues to ferment, and Wall Street capital is lining up to enter. Many traditional Chinese financial companies are also getting involved, so Bitcoin will continue to rise. If you want to buy, don't look at individual prices, look at the rise ratio; so far, no token has outperformed Bitcoin in the long run.
2. Ethereum still has opportunities. Although there aren't many exciting announcements expected in 2025, the best application to believe in making money is still the only secondary player in the ETF space, the original bloodline of the DeFi sector, having experienced all the bull and bear markets with various applications and strong fundamentals, and it hasn't broken its previous high.
3. Subsequent market analysis may not be like before, merely looking at charts and data. It will also need to consider policy adjustments after Trump’s inauguration, as well as the movements of BlackRock, MicroStrategy, and Grayscale, among others. Also, pay attention to the types of tokens these institutions hold.
4. Execution + patience are essential skills for this bull market. Find your area of expertise, make a decision, and deploy immediately. Don't wait until you miss the bus and shout regret. The sectors will rotate; don’t say this coin is bad and that coin is good. After experiencing the entire bull market, you will achieve results, find reasons for the rise, and the rest is just patience.
5. Each bull market cycle has a new narrative. Always stay alert to capture new information. A new narrative simply means a consensus that this is another breakthrough for blockchain, leading to a concentration of funds and a strong wealth effect that is more sustainable and larger in scale than MEME.
6. Believe that no one can buy at the absolute bottom and no one can sell at the peak. Therefore, don’t feel biased against a coin just because its price is high. Analyze what it will do next, learn and research to form your own judgment logic, and escape before the bull market ends.
