Market research report:
As expected, the S&P SPX500 continues to have a bullish structure after Christmas. New highs are just a matter of time. Gold has rebounded to 0.618, and the bullish trend continues after a breakthrough. The U.S. dollar index DXY continues to fall to support 101, with 100 being the final defense. Funds chase hot spots and go wherever there is a profit-making effect. No matter how high you think it is, there is no reason to short short because you missed it. Just like SOL has been making wealth, even if it is a loser on the chain, if the wealth-making effect disappears and then sanction it, there has been some movement in funds near.
Crypto Market:
1. Be short for one week, target for one week, continue to fly, and enter the market every time it stabilizes. It is not that you are afraid of not being able to catch it. It is unreasonable to have small profit margins and disproportionate risks. The 4h M shoulder is becoming more and more standard. In the past few days, I have emphasized that the focus is on the lower track of the daily Bollinger Bands. It has been touched in the early morning. 418 has played a role in rebounding as a key position. Ether's two positions of 2220 and 2198 took effect yesterday, and the BNB target has reached 300-320. It's heavy pressure, and the wld hifi qtum position has arrived and moved on its own.
2. The double-shouldered structure of BTC 4H. I have been saying this since 4.44, which is why we made such a script at that time. Facts have proved that our idea is correct. Even if the short side has not kept up, we have not chosen to go long at the high level. The review is In the final closed loop of the transaction, check for deficiencies and make up for them. Review the market more often to see the trend of this period and see where the mistakes were. It is still range-bound fluctuations, platform-type adjustment, above 425 is strong, and 438 stands to find a new high. The day's defense is around 4.16, and the empty pressure is 4.35 to 4.38. These positions are in the middle of the range, and it will be more comfortable to go with the trend. (Go with the big trend and go against the small one. If you go against the trend, you will not get on the bus unless it is on the right side)
The 3 major Altcoin expected to gain the most in 2024:
Solana (SOL) Price Prediction 2024
Solana's performance over the past few months has been impressive, with the price dropping to $8 and breaking above $120 12 months later. If SOL Coin can sustain at $95 next year, its next target could be $143 and the rally should continue. The next resistance level is $200. In the opposite scenario, a close below $95 could trigger a withdrawal of up to $55.
OKB Coin Price Prediction for 2024
The number of investors is expected to increase as the price increases. OKX is a popular exchange and continues to grow. If we remember that stock market tokens also received a lot of attention during the bull market, next year could be an impressive period for OKB coin.
The popular Altcoin reached ATH levels during the week of November 13 and climbed to $65. The uptrend continues and as long as the $54 level is maintained, the $60 resistance zone can be overcome. A daily close above this level breeds a new ATH announcement above $65. The initial goal is $80, maybe $100. With a market capitalization of only $3.26 billion, there is still potential for further growth. Of course, investors need to know that only 60 million of the 300 million supply are in circulation.
Who knows, maybe as OKX becomes more capable of competing with Binance in terms of volume, OKB Coin will find the strength to compete with BNB? 2024 is shaping up to be an exciting year in that regard as well.
INJ Price Forecast 2024
In the last year, the INJ coin has increased 30 times from its current price and hit new ATH levels multiple times. Still, growth is likely to continue next year. Everyone is trying to discover the 2024 version of Solana and other booming Altcoin as early as possible in 2021, and there are many INJ coin supporters.
It has a market capitalization of $3.2 billion and most of its supply is still in circulation. If Solana wants to see similar growth, its $30 billion market cap target isn't too extreme, meaning it could rise to $356. During the most exciting days of the bull market, the Terra ecosystem was worth tens of billions of dollars.
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