On Saturday, when observing the market, overall funds have shown signs of weakness, indicating that the weekend market may not be ideal. Even if there are fluctuations, they may only manifest by Sunday afternoon. However, since Sunday, BTC has shown strong momentum, rising from a price of 100800 to today's 106648, with an increase of over 5ETH showing unusual movements, while the funds of altcoins in a state of scarcity are being drained, with retail investors shifting their funds to hot coins.
Although there are many key points this week, the market's general focus on whether the "altcoin season" will start is particularly noteworthy. Apart from the Meme sector, strong coins have broken historical highs, common coins have also risen to the prices before the market crash, while weak coins have yet to break even. The 19th is of utmost importance this week, with the market generally predicting a probability of over 95% for a 25 basis point interest rate cut, which is favorable for the market and may trigger a rally. Altcoins that previously performed strongly need to be reevaluated, and in the absence of new stimulating factors, the market may take turns in speculation, with strong altcoins like pepe, sol, punt, and doge possibly receiving attention again.
In addition, we need to consider the Christmas market trend. If the coin price rises significantly by the end of the month, it is necessary to take profits in a timely manner and buy again during major pullbacks. If there are no swing operations, holding coins for appreciation is sufficient, avoiding blind operations that lead to increased costs. The bull market for altcoins is still in its early stages, having only traveled 20% of the journey. With $BTC as a reference point for new highs, many altcoins still show weakness and have yet to break through. However, some coins such as XRP, ADA, TRX, XLM, LINK, etc., have already reached new highs or are nearing their previous highs, showing potential.
Most secondary altcoins listed on major exchanges are still hovering at bear market levels, which is actually an opportunity. As long as the project is still operational, it needs to be closely monitored, as institutions may have quietly intervened in controlling the market. When the timing is right, these altcoins may achieve several times or even tens of times increases in a short period. In a true raging bull market, 99% of secondary altcoins on major exchanges will experience explosive growth. Therefore, the arrival of the altcoin season is unstoppable, and the targets operationally positioned will undoubtedly see an explosion.
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