Will there be another big drop before Trump’s inauguration?
Next, we will see the situation before and after Trump's inauguration. The macroeconomic situation has improved. The probability of a rate cut in March is back to 30%, the probability of a rate cut in May is 55%, and the probability of a rate cut in June is 94% (this is the cumulative probability. The probability of a rate cut in June is 94%, which means that the probability of a rate cut within January to June is 94%).
Another important thing next week is Japan's interest rate hike (January 24), which, if confirmed, could deal a blow to the market.
Therefore, the key rising time node may be the next 15-20 days. If all currencies rise and reach the resistance range, you can consider clearing some positions.
Of course, if macro conditions adjust with future data changes, we can naturally adjust our strategy as well. I still hold most of my long positions.
This market is still a rapidly profitable one, but it requires research and an enhancement of one's understanding to see where one has the ability to consistently earn money.
After entering each position, one must estimate when to exit in order to remain undefeated.
Four 100x altcoins worth positioning before Trump's inauguration!
LDO
Lido Finance is the largest liquid staking protocol in the DeFi ecosystem, demonstrating significant dominance. According to DeFiLlama data, Lido's current total locked value (TVL) is $38.4 billion, far surpassing competitors like Rocket Pool and Jito, which hold $2.9 billion and $3.1 billion, respectively. This impressive lead highlights Lido's strong foothold in the market.
Lido's native token LDO has also seen significant growth. Over the past month, the token surged by 33.36% to reach $1.53. Additionally, its trading volume increased by 38.50% in the last 24 hours, highlighting the growing interest in Ethereum staking. Although its market capitalization has slightly decreased to $1.37 billion, these numbers indicate that Lido's influence and appeal in the staking space are on the rise.
UNI
Uniswap Labs collaborates with crypto hardware wallet provider Ledger to enhance the accessibility of decentralized finance (DeFi). This partnership integrates Uniswap's trading API into the Ledger Live application, allowing users to swap tokens directly while maintaining control of their assets through their Ledger hardware wallet.
This simplifies the user process, prioritizing the security and convenience of managing digital assets. Additionally, Uniswap's current stock price is 24.83% higher than its 200-day simple moving average (SMA) of $10.51, indicating strong performance over the long term.
Moreover, Coincdex predicts a price increase of 130.95%, with UNI expected to reach $30.49 by February. This prediction underscores an optimistic outlook on its future value.
DOGE
Dogecoin is the pioneer of meme coins, and it has made a comeback, rising 10.01% over the past week and another 4.91% in the last 24 hours, currently trading at $0.379. Its market capitalization has risen to $55.73 billion, up 4.39%, with trading volume skyrocketing to $4.23 billion in just 24 hours, a 37.69% increase.
This new momentum highlights Dogecoin's lasting influence in the cryptocurrency space. With rumors of more adoption and the ever-present shadow of Elon Musk's involvement, the market remains intrigued.
AVAX
Avalanche is a decentralized platform for creating custom blockchain networks and decentralized applications with high throughput and low latency. Its consensus protocol allows thousands of transactions to be processed per second, making it one of the fastest smart contract platforms in the industry.
Consider a decentralized exchange (DEX) that needs to complete transactions quickly to provide users with a real-time trading experience. Avalanche's architecture supports such high-performance applications, drawing various DeFi projects to join its ecosystem.
Recent partnerships and integrations have expanded Avalanche's reach, and analysts are optimistic about AVAX's growth potential as demand for scalable blockchain solutions increases.