This month can be considered the most profitable month since March this year. It is expected that this profitable effect will continue until before Trump takes office, that is, mid-January, which is about the same time as our Spring Festival. So if you can seize the opportunity now, you can definitely make a fortune.
Although the market is now in a bull market, we also need to be aware that the long positions have been very high, which means that an adjustment may occur at any time. Therefore, do not make the position too heavy, maintain caution, and preserving the principal is the most important. After all, there are opportunities, and if you seize them, you can make money, but if there is a sharp decline, it is wise to take profits in time, withdraw part of the profits, and prepare for the worst.
The big pie is falling back, and Ethereum and other currencies may take over
Recently, the big pie has started to fall back, but Ethereum seems to have a trend of taking over. From today's market, Ethereum-related currencies have rebounded fiercely, especially ENS and LDO. These two projects have also been recommended in my previous articles. They are the leaders in the domain name track and the staking track, and they are projects worth focusing on in the Ethereum ecosystem.
So when the big pie is falling back, you can pay attention to these projects and appropriately buy the dip, because the projects that fall fast and rebound fiercely are good projects. In addition to these, OP, ENA and METIS are also volatile currencies, and volatility means there may be great opportunities.
Opportunities in chain games and BNB
In addition, there are opportunities in the field of chain games, such as YGG and MAGIC, which have not yet had a major outbreak, and you can keep an eye on them and wait for the opportunity of rotation. Mingwen is also a project worth paying attention to, after all, the leader will always have the opportunity to rise, the key is to see the timing.
As for BNB, its trend is also worth watching. Remember that at the beginning of the year, BNB was not very active until a month before the big pie reached its peak, then it started to soar, from 300 directly to 600. In the bull market, the platform currency BNB will never be absent. Although its rise may be a little later, but when it starts, the market is likely to be near the end. So before that, everyone can boldly buy the dip and invest in BNB regularly, and seize its late rebound, the target price may be between 1000 and 1200.
Entry opportunities for BTC and Ethereum
Although BTC has not yet stabilized completely, if its price returns to below 90,000, it can still be considered to enter the market. At the same time, if Ethereum falls below 3,300, it can also be deployed. The target for Ethereum is 4,000, which will definitely be broken through, but the process may be volatile. Don't miss the market opportunities in the bull market, the peak of BTC is still far away. From the perspective of chip distribution, the main force may maintain at a high level for one or two months, so when the price pulls back, you can boldly buy.
The key point today is that the support level of BTC is around 91,000, and the resistance is at 95,000. The US market is closed tomorrow, so today may be a key rebound day. From the big black candlestick, BTC may have a second wave of decline, so it is recommended to deploy in batches.
In summary, although it is now a bull market, we need to pay attention to controlling the position and not blindly chasing the rise. During the adjustment, you can seize the opportunity to buy the dip and make a batch deployment. There are opportunities in the investment market, but the risks are also great, preserving the principal is the key to continuing to profit.
Finally, there are actually a lot of things that haven't been written in, such as specific opportunities and specific decisions, these things are often not something that can be summarized in an article.
If you want to know more about the wealth code, or if you have any doubts, follow the public account: Caijing Dongchen
