After Trump's victory, Bitcoin's price soared, the market warmed up, and investor enthusiasm surged. Key indicators show that Bitcoin is expected to continue rising, with a target price of up to $100,000. Last week, Bitcoin's price rose by 35% and slightly corrected after breaking $90,000, with Trump expected to take office in January.
Bitcoin's correction is just a build-up; it's the right time to lay low at lower levels!
As the weekly closes, the upper shadow is not long, indicating limited selling pressure above. After two consecutive weeks of large gains, the market has a need for pullback consolidation. For those looking to lay low for altcoins, continue to pay attention to the pullback opportunities around 87,000 to 86,000.
The bull market does not rise all at once; pullbacks are often swift and sharp. If a correction occurs next, there is no need to panic; rather, it is a good opportunity to lay low!
In contrast, Ethereum is not as good as SOL! Why is that???
The key lies in the prosperity on-chain! There are many active users on the SOL chain, with ample capital, and popular meme coins like WIF and JTO are emerging. Currently, the hotspots are concentrated in the meme sector, with millions of meme coins on the SOL chain, and trading demand has surged, naturally driving the overall performance of SOL.
Why is ETH being suppressed?
Foundation Sell-off: The Ethereum Foundation frequently sells coins, doing little practical work and making a lot of noise, leading to insufficient market confidence.
Weak Ecosystem: The development on-chain is sluggish, with few successful projects causing user loss.
ETHE Outflow: Affected by objective factors, capital outflow has intensified.
In the short term, Ethereum needs more heat, ecosystem support, and user confidence. Without Bitcoin supporting the market, ETH might have already fallen below 3000! This is also the reason for the continuous decline in the BTC/ETH exchange rate. Retail investors may be poor but are definitely not foolish!
Long-established coins are rising; is this a signal that the bull market is ending? Don't be misled!
Recently, long-established coins have risen first, and many are worried whether the bull market is nearing its end. In fact, the rhythm of this bull market is completely different from the last one, and it cannot be simply compared or interpreted using past experiences.
"Investing in new coins rather than old ones" is often mentioned, but it is a common cognitive error. Those holding this view are more speculative than true investors. Although "making money is a good strategy," a speculative mindset often leads to irreversible losses.
The bull market trend is complex; do not simply apply historical rules. Maintaining rational analysis is essential to seize real opportunities!
The MEME craze is gradually fading, and funds are now shifting towards older altcoins, but your holdings remain unchanged? Adjust with Little Meow to welcome new opportunities!
Take a look at $HIFI, its market cap is low, and the daily chart has been oscillating in this area for a while. Recently, there was a noticeable rise in the 4-hour chart; you can consider entering around 0.58 with a 30% position, aiming for: 0.8 - 1.0.
BAN
BAN is a meme coin on the SOL chain, with certain connections to DeFi and AI projects like AKT, and has recently gained attention. With platforms like BN HY continuously launching meme coins on the SOL chain, who will be the next hot coin? Will Kheowzoo become the new dark horse? Let's wait and see!
PNUT
Now is a good time to consider bottom fishing; the 4-hour chart shows strong support, and each time it reaches this position, there has been a rebound. Set a stop-loss at 5%, with a target price around 1.92.
Now might be the time to consider buying some Samoyed Doge (SMO)!
RIF continues to hit new highs, bringing 7x returns and is completely booming! The RIF genesis wallet released the SMO which was launched earlier than RIF, and RIF, URO, and SMO are all deployed from the same wallet address. RIF's market cap has reached $150 million, URO at $50 million, while SMO's market cap is only $1 million. With the boom of RIF, SMO may also experience a wave of speculation. Currently, the SMO price is around 0.00131. Although I don't have much knowledge of Shitcoin, with a limit of 1 SOL investment, everyone should still be cautious when entering; the risk of going to zero is at your own risk!
The market is about to release two major benefits:
First, the $16 billion repayment plan of FTX is about to be announced, which is expected to push Bitcoin to break the $100,000 barrier.
Secondly, Trump will take office on January 20, and Musk will serve as the DOGE minister, which will further benefit the market; the current price is far from peaking. In addition, the CPI meets expectations, increasing the possibility of the Federal Reserve cutting interest rates by 25 basis points on December 19, which will be another positive factor. Combined with the impact of FTX repayments and Trump's inauguration, the upcoming trend may soar significantly, providing opportunities for retail investors. Are you ready?
I am currently preparing to lay low for a project that is likely to surge in the short term; doubling is not a problem. Friends interested in spot trading but lacking direction can like and leave a message with 999, and I will share the news.
$BONK $SOL $SUI
