BTC hits new highs, surging across the board; Is the long-awaited altcoin season finally here?
Haha sister is no longer laughing, and the air force is also crying. After experiencing 8 months of correction, the market has finally reached a new high, and many people may have already lost confidence after being worn down. Those who were washed out of the market early are certainly not in the minority.
Don't sleep, or the bull will run away. Take off, take off completely, congratulations to BTC for breaking through the historical high, and now it's our turn to celebrate.
Trump won the election, and many things have been settled. Let's talk about the next steps:
Let's talk about MEME coins, which are still the mainstream in the crypto world. After the election narrative ended, the election coins can be sold, and I have taken profits on the remaining Doge. If it goes to BNB or something, that's another story. This wave of 3.5m Doge positions has been quite profitable. I'm particularly bullish on $luce on SOL, this wave has washed out a lot of people, and the IP is also very good. As for the shill coins, the focus is on $ban, which is currently being shilled by the Sun system, and the money is certainly enough, it's just a matter of how to hype up the market. The AI16z of the North American shill looks a bit weak, but considering the low participation rate, it's still worth keeping an eye on. The MEME coins on ETH and BSC are not many, but Swag and Koma are still worth betting on in terms of cost performance.
Let's also talk about BTC. After the new high, many people want to do a T on the correction, and when they see it today, they should have sold it. But there should still be a correction, and we need to wait patiently for the opportunity. Due to the positive impact of Trump's election, BTC's performance in the short term should be good. On the altcoin side, SOL, Doge, APT, and SUI are worth watching, and I think the rise of the Move system is inevitable. As for ETH, the upside may be general, but there is still short-term demand for catch-up. The others are not worth looking at, they are all trash, like the two new coins on Binance yesterday, the wealth effect is general, and a lot of people have been trapped. Attention should be paid to the vampire effect brought by the Christmas vacation starting in mid-December.
If you missed DOGE, you can focus on PEPE!
PEPE's total supply is indeed huge, reaching 420.69 trillion. It's not easy to make the price take off.
However, don't be impatient, it has a burning mechanism, which is a good way to reduce the supply. Assuming 99% of $PEPE is burned, the remaining circulating supply will only be 4.2 billion. Although the number is still relatively large, it has been greatly reduced, and from the perspective of scarcity, the price is expected to be supported and rise.
In addition, after entering a bull market, internet celebrity MEME coins like $PEPE can also ride the wave and rise. If BTC and ETH enter a strong bull market, then $PEPE may usher in an explosive rise.
Although PEPE's current supply is very large, as long as the burning mechanism is effective, coupled with the tailwind of the bull market, it still has the opportunity to soar!
ADA is also worth watching
The trading price of Cardano is between $0.32 and $0.36, and it is stable around the $0.31 support level. The RSI is neutral at 52, indicating that the token is neither overbought nor oversold. The stochastic value of 78 indicates potential upward momentum. If ADA breaks through the $0.38 resistance level, its target may be the next level of $0.41, generating a potential upside of around 20%. The 10-day moving average is approaching the 100-day moving average, indicating a reversal of the bullish trend.
Although the price has fallen 27% in the past 6 months, the expected altcoin season may drive the growth of Cardano. This may signal a major breakout in the future.
If you have been chasing the trend and getting trapped frequently, without the latest news in the crypto world and no direction, scan the QR code below. I will try my best to answer any questions you have recently, and if you are confused about the future, I will share my strategy layout in the small circle! Welcome to join us and grasp the next hot spot together, and maximize investment returns!
That's it for the article, I will do a more detailed analysis in the exchange group. If you want to join my circle, please contact me directly, the WeChat below!
