Trump has once again confirmed his commitment to establishing a Bitcoin strategic reserve, and it seems that Trump is serious about it. This is a shot in the arm for the Bitcoin market. Bitcoin broke through the December 5th high this morning and hit a new all-time high.
The price is continuing to hit new highs, and the weekly level has not yet accelerated, so the weekly level will still maintain the current upward momentum, continuing to break through step by step and constantly hit new highs. The daily level is just normal adjustments, Trump will not officially move into the White House until January, so there are still many positive expectations ahead, and ETF funds are still continuously flowing in, so don't be afraid, the bull market is not over yet. The altcoin season is here ≠ your coin's altcoin season is here ≠ you can make a killing ≠ if you make money, you can run away, plan ahead: what to buy, spot or contract, how to divide the position, how to take profits when it goes up, when to cash out, if others' coins go up but yours don't, whether to hold or sell yours to chase theirs, etc., and whether to leave some positions in case of emergencies. Currently, as long as BTC is still sucking blood, the market is still relatively healthy, and next you can focus on Ethereum catching up, leading the altcoins to take off. The idle players can enter the market to do some swings, but in this market, swings can also easily get you killed. A simple case, for those with a bad mentality: sell and fly - chase again - copy the top - get stuck in the pullback
Among the Altcoins, Ondo and ENA have been the most eye-catching performers
That's because Trump's crypto asset project has bought new assets again, this time mainly focused on DeFi, top applications and the RWA sector.
The four latest tokens purchased are: AAVE, Link, ENA and ONDO.
These are not necessarily the coins we need to follow, but they can serve as a weathervane and have some reference value. However, retail investors should not follow the operations of institutions completely, as the amount of funds and risks are different.
The RWA track is also worth watching, with big names like BlackRock, Grayscale, and Franklin Templeton slowly allocating assets to RWA!
Coins like Ondo, Tru, Pendle, OM, Polyx, RIO, and RSR are potential targets in the RWA track and are worth keeping an eye on.
With Bitcoin's independent market performance, most memes have remained low without change, so let me share my views on the upcoming market.
Reselect quality targets
Most memes have already tormented the retail investors, while BTC is still hitting ATHs. When BTC pulls back, memes will not continue to plummet, but will instead surge rapidly, shaking off all retail investors.
Recommended memes to watch and buy the dips
First is $mew, a meme with a mainly Korean force.
Secondly, $moodeng the hippo, which I observe has a very capable team, and they will rapidly pump the price on any good news, whether it's a 5m on-chain event, an official tweet, or a listing on Coinbase, and they recently added a Korean Won trading pair, so the main force is still there.
On-chain market will heat up again
With the loss of the meme wealth effect, capital will flow back to the big gambling table, and more attention will be paid to the on-chain market in the future. But currently, most of the AI agent-type opportunities are relatively difficult for retail investors to grasp, and this is more like a secondary VC, so it's recommended to just buy a few of the top ones and experience it, and don't play too many new ones.
