The BTC ecosystem is turbulent, with recent offline grandmothers rushing in to manipulate the market, CKB expanding RGB++ to the Doge chain, and Merlin doing BTC ecosystem pumpfun. Brothers, the bull market has started and everyone is getting to work!
Ethereum is taking the lead, stabilizing the overall upward trend, and altcoins are following suit, with strong altcoins rapidly rising. BTC continues to enter an adjustment phase, forming an upward continuation at the highs.
A historic moment, the main bullish wave of ETH is coming
Historically, BTC has entered an adjustment phase after breaking new highs, and ETH has also had a round of catch-up rallies. Previously, ETH was weak, but the current trend is strong, and we need to pay attention to the resistance level around $3,700. Additionally, the options market is also optimistic about the upside of ETH, and it is predicted that its subsequent explosive power may exceed BTC. Especially with the upcoming launch of the ETH staking ETF, the potential of Ethereum is further favored, with the next target of $4,000.
The sectors that are favored at this stage are: 1) MEME sector, where you can quietly lay in wait for the popular MEME coins. I also have some funds buried in decent on-chain MEME, which are long-term holds with higher risks, betting on a higher explosion. 2) AI + GameFi track, with Musk also announcing his high-profile entry yesterday. 3) Real-World Assets (RWA), a track with a large route and strong capital, which may continue to be operated after Trump's inauguration.
4) Start paying attention to opportunities in Ethereum and the Ethereum ecosystem. The market's feng shui takes turns, with Solana ecosystem previously strong, and now Ethereum clearly occupying the advantage. In this case, you can focus on Ethereum ecosystem-related projects during pullbacks.
Recommended projects to follow include:
Ethereum ecosystem leaders: ENS, LDO, OP
Secondly, you can consider: METIS, ZK, STRK, ARB
Other noteworthy projects: ENA, AEVO, ETHFI
Today, you can consider the layout opportunities of LDO, SSV, and ETHFI.
The bull market frenzy is still spreading, with multiple sectors like DeFi and Layer2 seeing a widespread rally, and the Altcoin market finally showing signs of new life
How to deal with the current Altcoins?
1. If the entry position is low enough, patience is needed, as the low entry position may mean it has not yet started.
2. If the entry position is relatively high, corresponding strategies such as cost averaging and stop-loss/take-profit are needed.
3. The best position is just after the start, but it's hard to find, as there are too many Altcoins to scan through, and even if you find one, it may be a fake start that tricks you. A good approach is to first focus on the track, then the track leaders.
4. Each bull market has its leading coins, such as the early BTC and LTC, the UNI and DOT in the 2020-2021 bull market, the public chain war later, and even the debunked LUNA and NFT. Pay attention to the observation.
➜ $XRP
This token was mentioned in the article on the 21st, when the price was around $1.1, and the brothers who listened should have already made a profit!
XRP has many positive news, including the application for XRP ETP/ETF, Ripple's launch of a new payment system, strong capital control, and positive progress in Ripple's legal dispute with the US Securities and Exchange Commission, keeping XRP strong.
Ripple has good news: it is expected to be approved by the New York Department of Financial Services to issue the stablecoin RLUSD, and plans to officially launch it on December 4th! This undoubtedly injects strong momentum into the rise of XRP!
➜ $AR
Big investor investment: Coinbase investment, a16z investment, Coinbase Pro, etc.
The global storage industry will be at least $200 billion by 2025, and AR is the storage leader. Compared to FIL, AR currently has only 66 million tokens, which are severely scarce, with a current price of $22.2 and a circulating market cap of $14.61 billion.
AR is the native token of the Arweave project, aimed at solving the problems of permanent data storage and content verification. AR also focuses on the augmented reality field, with broad application scenarios and development prospects. Decentralized storage, also called distributed storage, is less dependent on storage institutions than traditional centralized storage, and the stored content is not guaranteed to be safe and is not under one's own control. Centralized storage is less affected by attacks and is not subject to the supervision and control of storage institutions, and data will not be lost at will.
