Ethereum's performance has been significantly stronger than Bitcoin in the past two days, but Bitcoin's weak oscillation state will still restrain Ethereum to some extent. If Ethereum wants to achieve a stronger rise, the short-term correction risk of Bitcoin must be fully released.
Below, I will share some predictions after careful review:
Firstly, Bitcoin will oscillate and adjust around the trend shown in the chart for a longer period of time, roughly in the range of 93K - 97K - 88K - 104K.
Secondly, once short-term risks are fully released, Ethereum and altcoins will usher in a wave of altcoin trends.
Thirdly, Ethereum will temporarily follow a brief rebound before undergoing a correction alongside Bitcoin, and then initiate a leading bullish trend.
Fourthly, focus on the fluctuating position around 3000, with about a 100-point range, as this has a high probability of being the next starting point.
The above views are for personal reference only.
New Year's Day is approaching, is the big market about to take off?
New Year's Day is approaching, and a big market trend is clearly nearing a critical node. Currently, it seems that BTC's market share will continue to decline from now on. Meanwhile, the Pectra upgrade for Ethereum and the Prague upgrade are expected to start in March, and the market often begins to speculate two months in advance.
Therefore, in January, Ethereum and the Ethereum ecosystem are expected to experience a significant surge. During this process, we should especially pay attention to Ethereum's staking sector, such as SSV, ETHFI, EIGEN, etc. This will mark the beginning of a market shift, leading the market into the next phase.
Additionally, FTX will start compensation on January 3rd, and there are only 4 days left.
FTT has potential, but don't buy too much. The group formed at 3.1u is doing well, and in this poor market, FTT has actually risen a bit. Initially, I urged people in the group to buy some around 1.8 and hold, and I still hold this view, just like with Sol at 30 back then!
BGB has completed the destruction of 800 million coins, should we get on board?
BGB has completed the destruction of 800 million coins, hurry up and get on board (approximately 5.2 billion dollars), accounting for 40% of the total supply (19% of which are unlocked tokens held by the core team, and 21% are circulating tokens held by the core team). Current total supply and circulation of BGB: 1.2 billion coins.
The arrival of the altcoin season is a crucial time for most retail investors holding altcoins to turn things around. Due to the general lack of Bitcoin holdings among retail investors, the prosperity of the altcoin market has become their main avenue for wealth growth. If this bull market lacks the push of an altcoin season, many retail investors may face severe challenges and may even have to turn to other livelihoods.
Therefore, for investors, it is particularly important to reasonably adjust position allocation. It is recommended to allocate Bitcoin, value coins, and altcoins in a ratio of 5:3:2, as this strategy helps to balance risk and return, and is expected to outperform most market participants in the long run.
Here are some altcoins worth paying attention to:
1. AI agent sector, such as secondary market PHA, ATA;
2. Grayscale and BlackRock held coins: ZEN, ONDO, etc.;
3. Trump concept coins: ETH, COW, AAVE;
4. Meme coins heavily invested by market makers: GOAT, MOODENG, PNUT.
Additionally, Grayscale will add 6 new tokens in Q1 2025: HYPE, ENA, VIRTUAL, JUP, JTO, and GRASS.
