As Christmas Eve and Christmas approach this week, market liquidity will inevitably decrease significantly, making a volatile market a high-probability event.
Bitcoin and the overall market trend
It is expected that the price of Bitcoin will fluctuate between $94,000 and $98,000. Current market sentiment is relatively stable, and investors' fear sentiment has significantly weakened. If the price of Bitcoin really drops below $90,000, this could be an extremely attractive entry opportunity. Historically, sharp declines in bull markets usually last for 7 to 11 days, and the current decline is nearing the end of this cycle.
Ethereum also shows interesting historical patterns. Looking back at past January performances, almost all years recorded an increase, except for the bear markets of 2019 and 2022, especially the second year after the halving was particularly impressive. If Ethereum can maintain above $3850, its upward momentum is still promising.
The basis for this viewpoint mainly includes the following points:
1. After the new chairman of the SEC takes office, the likelihood of approving a staking version of the ETF has increased.
2. The upgrade planned by Ethereum for March next year brings good news.
3. DeFi projects related to the Trump family continue to increase their investments in Ethereum.
4. On-chain whales are still hoarding Ethereum on a large scale.
Short-term spot investment strategy
If you are a spot investor, you can pay attention to some potential sectors and coins. There are currently two coins that may have good opportunities in the short term:
RWA sector: ONDO is currently around 1.59, and it may be worth considering buying in batches, with a short-term target around 2.2.
MEME sector: SHIB is currently around 0.0000218, and it can also be entered in batches, with the target profit-taking price around 0.000033.
However, I still need to remind everyone that investments should be made within one's means, remain calm, and not let market fluctuations disrupt one's rhythm!
The allocation direction and suggestions for altcoins in 2025 can refer to the following aspects:
1. Ethereum liquid staking: I think, starting from last year, lending directions such as AAVE should gradually transition to liquid staking, and part of the funds can consider layout in this direction.
2. RWA Sector: In 2024, I still recommend everyone to hold ONDO, which offers considerable returns. This sector is still in the exploration phase, and prices are still being discovered, making it a potential direction worth paying attention to.
3. Bitcoin Layer 2: As part of the Bitcoin ecosystem, whether in terms of popularity, topicality, or capital inflow, Layer 2 is not lacking. It may be worth considering an appropriate allocation of funds.
4. NFT sector: NFTs are not just digital art; they are also a part of cultural value. In a relatively well-funded environment, this area has considerable growth potential, and related tokens are worth paying attention to.
5. AI + Chain Games: Although I personally do not know much about chain games, I believe it is still a worthwhile investment area with immense future potential.
6. Bankruptcy sector: The bankruptcy sector has undergone a long period of adjustment, and now is a good topic for speculation, especially as it can be treated as a MeMe speculation, which seems like an interesting choice.
Hundred-fold rising coins, layout in advance!
IOTA
After the IOTA community approved its Rebased protocol upgrade, its technology and token economics have significantly improved. IOTA's current price is $0.31, with a market capitalization of $1.08 billion, and the price has risen by 9.94%. The Rebased upgrade improves transaction speed and network capacity, which is very useful for applications requiring high throughput and low latency. The IOTA community strongly supports this upgrade, with a approval rate of 98.37%, laying the foundation for IOTA's future applications and value growth. With the upgrade of this protocol, IOTA is expected to gain a larger market share in the IoT field.
EOS
The EOS network has become one of the most advanced blockchain systems due to its exceptional performance, security, and developer-friendliness. As a third-generation blockchain, EOS employs the DPoS consensus method, ensuring decentralization while enhancing scalability and flexibility. EOS transactions are nearly free, and its rich development tools support unique dApp development.
Currently, EOS's price is about $29, and this valuation may underestimate its technological capabilities. Considering the active community and actual application scenarios, EOS remains a competitor worth paying attention to in the super cycle of cryptocurrencies in 2025.
DOT
Polkadot is an open-source sharded multi-chain protocol designed to connect and secure specialized blockchain networks. It supports cross-chain transmission of various data and assets (including tokens), thereby promoting blockchain interoperability. Polkadot aims to be the foundation of a decentralized internet for blockchains.
Currently, Polkadot's price is $7.26, having dropped 1.92% in the past 24 hours. Nevertheless, its trading price is still 13.35% higher than the 200-day simple moving average (SMA) of $6.17, indicating a stable upward trend in the long term.
At the same time, Polkadot has also shown relatively high liquidity compared to its market capitalization, which is a positive indicator for traders and investors. The relative strength index (RSI) for the past 14 days is 36.69, indicating a neutral stance and the possibility of short-term consolidation. It is expected that Polkadot's trading price will range between $6.99 and $9.23 by the end of the year, with an average price of $8.31 in December. Compared to the current price, this represents a potential increase of 19%, providing potential returns for investors.