From the historical high to the recent monthly low, Bitcoin has experienced a roller coaster in the past week. Bitcoin has dropped about 15% from its historical high of $108,300, with prices once falling to around $92,000, marking the lowest level since November 26. Currently, as market sentiment gradually stabilizes, the Bitcoin price has recovered to around $94,000, entering a consolidation phase.

The recent decline has caused serious bleeding in altcoins, with many token prices even falling to levels before October, wiping out the 'Trump effect' gains following his election as president. Nevertheless, with the Christmas holiday approaching, many believe that the 'Christmas crash' will further exacerbate the market downturn.

However, with 2025 approaching, the swearing-in of Trump and a series of benefits, such as the Bitcoin strategic reserve plan, are about to be released, the cryptocurrency industry is still expected to welcome a new round of 'dawn moments'.

With the new crypto-friendly president Trump about to take office, BTC spot ETF has been approved and traded for nearly a year, the effectiveness of FASB, and MSTR's continuous buying have also joined the Nasdaq 100. A new journey has already begun.

Although it has reached 100,000, it is still just the beginning; the cycle is still there, and opportunities remain.

Referencing the trend of gold after the spot ETF in 2004.

For BTC, maintain a rational imagination and expectation; a perpetual slow bull market is not necessarily correct. It cannot always rise, nor can it always fall. Of course, ETH, which is also traded through the spot ETF, still has rational imagination.

The story is not over; coming into this circle, don't forget our initial goal, but also follow objective reality—investment is counterintuitive.

Can the altcoins be bottomed out?

The altcoin season is really starting to heat up slowly. Bitcoin is falling, and altcoins are not following; this is a strong signal. Altcoins currently show a trend of not being able to fall further, and even some strong coins are gradually returning to previous highs. Remember to allocate some for hot coins.

A bull market is still a bull market; currently, it is an adjustment within the bull market. When there is an increase, but other altcoins do not rise and instead start to fall, it indicates a short-term peak; when BTC falls, but other altcoins do not follow and instead rise, it indicates a short-term bottom. A new round of altcoin season is about to arrive, and the upcoming market belongs to the altcoin trend that is about to perform.

Specifically, in the altcoin market, the DeFi and AI sectors are performing remarkably. Coins like Aave, CRV, and Usual have all seen increases of over 20%. This indicates that market funds are starting to flow into these sectors, possibly showing interest in new projects and concepts.

These projects are all related to compliance topics in the US, such as AAVE being linked to Trump, while CRV has a partnership with BlackRock.

Additionally, on-chain AI projects, such as virtual, aixbt, and game, have also begun to rebound, and the exchange rate of Solana against Ethereum has started to reverse, indicating that funds are flowing into the Solana ecosystem.

These signs indicate that funds are starting to become active and are flowing into various sectors for speculation.

In terms of operational strategy, with sufficient funds, it is still recommended that everyone allocate 80% of their position to mainstream coins like Bitcoin and Ethereum, and 20% to narrative-driven leading altcoins. Remember that when altcoins double, you must take out your principal and have a good profit-taking plan, as money in hand is real money.

As for which to bottom out, focus on some potential sectors and coins. There are currently a few coins that may have good opportunities in the short term:

AAVE：

For AAVE, in fact, the beginning of this year was viewed positively by major market institutions, especially US President WLFI.

SUI：

As for SUI, it actually looks like it has significant potential as an independent main chain.
Its advantages are high performance and a very strong rebound capability within the SUI ecosystem.
The ecosystem has always been very rich.

Doge：

Dogecoin, as a long-term popular 'focus coin', although its rise and rebound strength do not meet expectations, still holds strong market appeal due to support from celebrities like Musk. Recently, Dogecoin's price has experienced a significant pullback, but it is close to the bottom of the rising channel, so long-term investors may consider buying in the current price range. Especially with the bull market approaching in 2025, Dogecoin's market performance may welcome new opportunities.