Will Bitcoin break through 100,000? What should Ethereum and a host of altcoins do?

On December 1st, we can see that Bitcoin is still stuck in the 97,000 range, with the current price oscillating around 96,600.

Many people hope that Bitcoin will break through 100,000 and Ethereum will rise to 4,000 or 5,000 dollars, with some even predicting 10,000 dollars for Ethereum. In the long run, this is not impossible.

However, at this stage, making such a rebellious statement seems to be completely heartbroken by Ethereum yet unwilling to face the 'fallen Ethereum.' Since the victory in Cancun, it has become inexplicably difficult to rise when it should and also difficult to fall when it should. In short, it often follows the decline but not the rise.

Now it is already the last month of 2024, and there is not much time left for Ethereum to perform, only a month or two. If Ethereum truly starts to raise the price to five or six thousand dollars or even ten thousand dollars, then the so-called altcoin season should be initiated.

In the realm of altcoins, most are performing mediocrely, and some are even hitting new lows, making it very difficult to break even. This includes some high-profile projects with very loud slogans, which ultimately end up collapsing without a trace, and some projects even suddenly run away halfway through their operation.

We can see that the current market environment is very murky. As ordinary people, how should we seek a glimmer of hope in this market?

Especially recently, the new releases on major platforms have been frequent, causing many friends to feel dazzled and confused. They keep chasing high prices and joining the hype, continuously changing positions and cutting losses, leading to various chaotic operations and significant losses.

For the future, we should mainly focus on two sectors: AI and meme, which also includes some signs of recovery in established DeFi projects, all of which are worth our attention and planning.

For example, WLD, ACT, GOAT, INJ, AAVE, XLM, etc. Those who can buy are the apprentices, while those who can sell are the masters. I hope everyone can achieve good results in this bull market.