Yesterday, after the market and Ethereum had a spike, it directly came to a second test.
The market's lowest dip is around 94200
Ethereum around 3510
Ethereum around 3500
It is already a good low-buy area. For those who profited from the previous low or who haven't entered yet, wanting to lay out ETH for next year's upgrade speculation, around 3500 is completely a good starting position.
In a bull market, sharp declines are followed by slow rises. Every sharp decline is a good opportunity to re-enter the market; the key is human nature: panic or greed, always thinking about buying at a lower price. We just need to enter according to the established plan.
Currently, Sweet girl's judgment is that the bull market has just begun:
Whether BTC can reach 200,000 or 300,000 is unknown. Just knowing that it has just started is enough—this round is no longer determined by the old players, but by MicroStrategy, Mara, the national reserves of beautiful countries, the national reserves of Russia, and the pensions of various countries.
Speaking of the larger environment: This month has both favorable and unfavorable factors, so friends should be cautious.
In January 2025, Trump will take office.
News came out yesterday that Trump hopes Bitcoin will reach 150,000 USD in the early days of his presidency. Wow, so at that time, can ETH take altcoins for a wave, along with expectations of policy easing and other favorable factors.
On the bearish side, pay attention to interest rate cuts and economic conditions, but next month's interest rate meeting is on January 29. Officially, it will take office on January 20.
Let's pay attention to the macroeconomic level this week, where several key inflation data will be released, affecting the expectations for the next interest rate cut.
The data announced at 9:30 on Wednesday includes: CPI
At 9:30 on Thursday, the PPI will be released:
Tonight's CPI data release is undoubtedly the focus of the market, and many friends have already started speculating how Bitcoin will react. Sweet girl is still quite optimistic.
The logic remains the same as last Friday's non-farm data; currently, inflation is expected to rise, and even if inflation data rises slightly, it will not affect the predetermined path of the Federal Reserve's interest rate cut in December.
The continuous decline for 72 hours is also rare in history, so the possibility of a short-term rebound remains high. Just as a bowstring pulled tight is bound to accompany a strong rebound force.
Sweet girl recommends recent rising wealth coins:
◢ Koma Inu ($KOMA)
Market capitalization: 161 million USD
24-hour trading volume: 155 million USD
Breaking through KOMA, is a new ATH brewing?
Koma Inu is a dog-themed token, Koma is the son of Shib and the protector of BNB, built around community-driven decentralization and adoption.
$KOMA is driven by pure meme energy, created by the community, serving the community.
Officially, it has become the undisputed leader of the entire market in the BNB Chain.
The cats have had their time—now it's the dogs' turn to lead and make BSC memecoin great again.
◢ Jito ($JTO)
Market capitalization: 1.039 billion USD
24-hour trading volume: 346 million USD
The SOL sector, compared to the LDO market capitalization in the ETH sector, conservatively should be at least 60% of its market cap.
This coin rises slowly when it goes up and falls quietly when it goes down.
It only starts to move when the market crashes; everyone should grasp this habit.
So every time there is a big drop, it can be seized; Sweet girl will hang on every time anyway.
