The new week opens with Bitcoin breaking its all-time high, igniting market sentiment. The current FOMO frenzy in the Asian market has driven up prices, but the real key point will emerge after the US stock market opens in the evening, when the market will better reflect the attitude of global capital. Recent positive news, such as MSTR being included in the Nasdaq 100 index, has further attracted institutional capital inflows, laying a solid foundation for Bitcoin's continued rise.
In the short term, ETF dynamics may become the core focus tonight. Market sentiment remains optimistic, hoping that ETF funds can further push up BTC rather than trigger short-term profit-taking. Against this backdrop, the Fed's policy meeting on the 19th is one of the most important risk and opportunity points this week. According to market expectations, the probability of a 25 basis point rate cut exceeds 95%, which could inject new upward momentum into the market. Powell's speech may further stimulate sentiment, and if positive signals are released, the market may continue to rise on the momentum.
In the absence of strong new narratives to stimulate the Altcoin market, rotation and speculation have become the mainstream logic. The previously strong AI sector may gradually fade from the spotlight, while strong Altcoins such as PEPE, SOL, PUNT and Doge will once again attract capital attention. It should be noted that the rhythm of Altcoins fluctuates violently, and opportunities are also more fleeting.
In addition, the policy dynamics of the Bank of Japan this month are worth watching, as it is expected not to raise interest rates, further consolidating the global loose atmosphere and helping the rise of risk assets. However, the risk of liquidity depletion during the Christmas holiday should not be ignored. During the US stock market holiday, Bitcoin may experience violent fluctuations due to the lack of market maker regulation, facing greater price risks.
Position control is particularly important. Short-term traders need to pay attention to spot costs and operate flexibly to cope with potential volatility. Medium-term holders are advised to gradually reduce positions around the 20th to avoid potential pullback risks during the Christmas holiday. The rotation opportunities in the Altcoin market are also worth seizing, and one can choose targets with solid fundamentals and institutional support, such as Doge and SOL, and lie in wait when the trend is confirmed, but be sure to set a stop loss.
Market opportunities and risks coexist, rational layout, steady progress, is the key to weathering the bull and bear markets.
3 popular cryptocurrencies that can still be bought at the bottom in the Altcoin bull market!
Doge
This morning, large buy orders appeared in Trump's address, driving the market upward, and Bitcoin broke new highs, once again demonstrating its strong bullish momentum. As a first-tier player in the market, the meme sector naturally will not miss this opportunity, and currently Doge and Pepe are above their support levels, showing signs of bottoming out and may usher in a rebound.
For Doge, the signs of bottoming out are very clear, and although Musk has not paid much attention to Doge recently, it is still worth considering a small position, especially around $0.35, where the support is relatively strong. If the market sentiment remains optimistic, Doge may rise again.
TRX
TRON (TRX), as an important player in the cryptocurrency field, has attracted widespread attention from investors with its recent amazing gains. On December 3, 2024, the price of TRON surged 107.57% month-on-month to $0.4407, fully demonstrating its market appeal. Although the current price has retreated slightly to $0.2838, its powerful blockchain ecosystem has shown great resilience, continuously attracting the participation of users and developers.
In addition to price performance, TRON's network activity is also worth watching. Its efficient blockchain architecture and stable network operation support have made TRON a project with both practical utility and investment value in the market. The growing trading volume and active user numbers further confirm TRON's core position in the decentralized ecosystem.
JASMY
JasmyCoin (JASMY) has recently shown strong performance, with a price of $0.04602, up 6.24% in the past 24 hours. Its market cap has reached $2.27 billion, up 5.46%, while the 24-hour trading volume has surged 29.92% to $244.75 million. These positive indicators reflect JASMY's strong performance in the market.
JASMY's annual performance is particularly outstanding, with a price increase of 645%, far exceeding most of the top 100 cryptocurrency assets, demonstrating its strong appeal to investors. The current price is much higher than its 200-day simple moving average (SMA) of $0.024078, indicating that its long-term upward trend remains strong. The fully diluted valuation (FDV) is $2.29 billion, with a circulating supply of 4.939 billion JASMY, close to the maximum supply of 50 billion, providing space for future supply management.
Overall, the strong performance and positive market sentiment of JasmyCoin suggest that it may still have upside potential. Especially its positive trading activity in the market and relatively strong trend provide potential opportunities for investors.
