The two days of sideways trading over the weekend have ended, and today is another day of broad gains. What you need to do now is hold onto your chips and not let the market makers shake you out. BlackRock is buying every day, and many listed companies are gradually entering the cryptocurrency space. Even Trump has started buying, with no reason to get off the ride.
It can be seen that besides buying Bitcoin and Ethereum, Trump is also buying several coins like AAVE, LINK, ENA, and ONDO, which are mostly in the DEFI sector. In the early stages of a bull market, the focus is on continuously borrowing to increase leverage, boost liquidity, and raise TVL. Once a certain level of capital flow is reached, sector rotation begins.
Some people believe that Ethereum could break its previous high this week. The market generally thinks Ethereum will break its previous high in Q1, followed by Bitcoin and new altcoin highs, so don’t easily reduce or clear your positions. Otherwise, it’s easy to get off but hard to get back on. You must pay more attention to new coins; usual cow has been performing well recently. The reason for the rise in cow is that Trump is currently using this for currency purchases, and previously, Vitalik also used this swap to sell coins, so it will continue to rise. In a couple of days, find a suitable consolidation point to get on board.