The new week starts with BTC breaking its historical high in the early morning. Each new high always makes some people worry about a correction, but this concern is more psychological, as it is still FOMO time in Asia. The real concerns will come after the US stock market opens in the evening. The current positive news is that MSTR has been included in the Nasdaq 100, and institutional funds continue to increase their positions, which undoubtedly injects more confidence into the market and paves the way for BTC to continue its upward trend!
Hopefully, tonight will see a significant performance of ETFs, without BTC being dumped. The sentiment is still very good. Then the most important thing this week is the FOMC meeting on the 19th. According to current market forecasts, there is a over 95% probability of a 25 basis point rate cut, which is positive for the market. The market will most likely take this opportunity to surge. The previously strong Altcoins will be closely watched again. In the absence of new strong stimuli in this round, the market is taking turns to hype different sectors, and Altcoins may be hyped again after AI. For example, Pepe, SOL, PUNT, Doge, etc... The key in the meeting will be Powell's speech, which may stimulate the market to hype new sentiments. Japan is unlikely to raise rates this month, so going forward, one needs to pay attention to their own spot cost, as Christmas is just around the corner! Christmas is a risk, as the US stock market will be closed, and there may be no market makers for BTC, so if BTC drops, Altcoins may look bad. Therefore, the repeatedly mentioned position control, holding short-term fluctuations, etc., to maximize profits, one should consider reducing positions around December 20th, the Christmas period.
Christmas will not affect the overall trend. After the New Year, with Trump's formal inauguration and the new SEC chairman, the upward trend will definitely continue, as long as there are no negative data or news. In summary, your long-term positions can ignore the Christmas market, such as the previously recommended AAVE at 160, DASH at 35, COMP at 71, and FET at 1.3. These low-cost positions can ignore this wave of impact. For those who have U or have reduced positions in waves, wait for the trading opportunities around Christmas.
About to Soar: Buy the Dips on These 3 Hot Altcoins for 100x Gains in the Bull Market!
AVA
AVA is a value investment. Travala is a top-tier platform with a global presence in 230 countries, and AVA as Travala's platform token has a very wide range of applications. It is fair to say that AVA is the first token in the history of blockchain to be widely applied globally, which is of great importance in the blockchain field. With the recovery of the global tourism industry, the tourism economy accounts for about 10% of the global economy, and the proportion will continue to increase.
The tourism industry has also become an important support for global economic growth, which is a huge market. Similarly, benefiting from the explosion of the global cryptocurrency market, Travala's business will also experience explosive growth. Under this double positive impact, it can be predicted that AVA will have a good market performance in this bull market!
ONDO
ONDO is a star project in the US RWA track. The leading RWA project ONDO remains strong as always. In a bull market, it's not about market cap, but about the leader and positioning. In the face of capital, everything else has to step aside.
Altcoins not only have bull markets, but even lead the market.
Trump's investment focus is on the DeFi sector, and the DeFi market is starting to stir! ONDO is doing quite well!
AAVE
Recently, the momentum of the AAVE token in the (DeFi) field has undoubtedly been the most prominent. It has been on an upward trend for five consecutive weeks, hitting a new high in recent times. In this strong upward process, the trading volume has also been expanding, indicating that a large amount of capital is continuously flowing into the AAVE market.
By observing the technical indicators, we find that the MACD indicator is currently in a golden cross state above zero and showing a continued upward trend. This state not only shows that AAVE still has further upside space in subsequent trading, but also suggests that it may break through the previous 400-point barrier and refresh its historical high again.
This is undoubtedly a signal worth paying attention to. Especially when the price falls back to the 370-365 area, this may be a very good entry opportunity. In this price range, one can cautiously consider making a trade in anticipation of further upside in the AAVE token.
DOGE
This morning, a large number of purchases were made at Trump's address, and the market also ushered in a small spring, with BTC breaking new highs again. As a member of the #meme sector, the first echelon, it is definitely not far behind.
Now Doge and Pepe have both risen above the support level, and there are signs of a bottom in the short term. One can consider taking a small long position, leaving a position for averaging in.
The signs of a bottom in Doge are the most obvious, but recently Musk seems to be too busy to care about Doge, so there is an element of gambling. You can consider burying a long position around Pepe 0.000023, Doge: 0.35.
