On Christmas Eve, U.S. stocks rose as if by magic, and Bitcoin was not to be outdone, soaring from $94,000 to $99,000, an increase of 6%. The short-sellers had a rough time this time! Is it because foreign friends are busy stocking up on "New Year's goods," or has BTC become their "digital gold"? Anyway, this wave of gains is truly pleasing.
So how will the market perform during the Christmas period? Bitcoin may oscillate between $94,000 and $100,000. Although market sentiment is still a bit tense, panic has significantly weakened. Breaking the current situation requires substantial trading volume.
As for Ethereum ($ETH), its trend is more stable and may fluctuate between $3200 and $3700, with institutional ETF purchases adding confidence for its future. Overall, the market atmosphere is gradually warming up.
Recent popular coins like ZEN, LPT, COW, etc. For example, COW, was reminded by Xiaomiao back during the first significant drop that the swaps frequently used by Trump and Vitalik would rebound, and they performed strongly later on. Many people only bought a small amount, while the rest chased the highs, ultimately leading to chasing peaks and cutting losses, but fortunately, the coins they bought were all quality coins.
The current bull market is elusive, and sector rotation is rapid, but there’s no need to be anxious; everyone has a chance. Select a few quality projects, such as USUAL or future sectors like AI and MEME, and doubling your investment portfolio is not a difficult task. Although there might occasionally be mistakes or being stuck in positions, maintaining a sharp market sense and seizing the next opportunity is what matters most.
The bull market continues, and we move forward! Today, let's take a look at the opportunities worth laying out in the altcoin market!
Let's follow up on the Grayscale series recommended yesterday: ZEN, LPT
Updating LPT's targets: Many people ask, LPT's first target is 100, and the second target is 500. Regarding LPT, there's no need to rush; ZEN may run fast, but LPT will catch up. Just need to firmly believe in Grayscale's long-term trend.
I'm optimistic about both ZEN and LPT; they are both long-term growth stocks!
So why is ZEN so strong?
First, Grayscale submitted the Grayscale Horizen Trust (ZEN) 8-K form to the SEC. Secondly, ZEN is a POW coin similar to BTC, with a total supply of 21 million, and has just completed its halving, showing long-term value. Moreover, Grayscale has recently increased its holdings of ZEN significantly, with a total holding now reaching 880,000 coins, and the market's enthusiasm has followed closely. The ZEN 2.0 upgrade plan will be launched at the beginning of 2025, introducing the zk EVM chain and airdropping the token zkv, which is expected to bring additional benefits.
After breaking through on the monthly chart, ZEN has shown independent performance, seemingly with significant investors involved. As the smallest trust coin under Grayscale, ZEN has enormous potential, currently valued at only $200 million, and a 50-fold increase is just around the corner. Lastly, ZEN has a powerful miner team behind it, and its ability to pump should not be underestimated.
Overall, although ZEN has already erupted, its potential remains enormous.
Xiaomiao bought a bit of $ELIZA and $WORM the day before yesterday, and their performance has been good. In this round of hot sector rotation, AI and meme may not be the strongest narratives, but they are definitely the most sustainable.
My operation is very simple: keep an eye on these old hot coins, sell a portion of funds every time they rise, as long as the profit exceeds 50%, that's enough. Then, during each round of decline, use the funds previously released to buy the most deeply fallen old coins, as long as the projects do not have major issues and continue to develop, periodic declines will always welcome periodic increases.
In this way, small funds gradually roll over and accumulate into large funds.
Trump is about to take office, and related concept coins may see speculation.
$RSR is the native token of the Reserve protocol, a stablecoin platform on Ethereum, which has caught the attention of the new SEC chairman, Paul Atkins, who was previously an advisor to RSR.
$ZRX has received support from the new White House AI and cryptocurrency head David O. Sacks, who publicly stated that he is a fan of ZRX, and his venture capital firm has also invested in dYdX.
$COW is a trading tool in Trump's 'World Finance' system; as a decentralized exchange (DEX), COW is expected to achieve a 7-10x increase potential, coupled with the influence of Trump and Vitalik, the growth space could reach 10-20x.
Other tokens related to Trump, such as ENA, ONDO, LINK, and AAVE, are also worth paying attention to.
That's all for today's article. Currently, we are in a bull market, with winds and clouds swirling. We share codes every day. If you don't know how to act in a bull market, feel free to follow; bull market spot codes, layout strategies can be shared free of charge.