Bitcoin has once again broken new highs in the early morning, but many altcoins are still following the decline instead of the rise. This weak market is very normal, just like before, as Bitcoin continues to drain liquidity.
The inflow of Bitcoin ETFs is far exceeding that of Ethereum, with large funds consistently hoarding BTC. Only when Bitcoin stops rising and consolidates will there be enough capital flowing into altcoins for them to start rising.
This Thursday is the last Federal Reserve meeting of the year, and a 25 basis point rate cut is expected. Before this, there's no need to consider shorting. The altcoin market has once again approached the weekly resistance level. The probability of breaking through and rising this time is very high. If it stabilizes at the key support level around 3940, it is expected to quickly rise above 4500.
You can choose strong altcoins for short-term trading: 27321375275, 12490147738, 66762058746. Buying the dip in DeFi is the best choice; following Trump's footsteps won't be wrong.
Friends at ONDO should pay close attention; once it drops, you can buy it. The market stabilizing and rebounding the fastest will be ONDO, which has strong capital support. You can trade around the daily support of 1.95.