Ethereum's data performance is strong! Despite Bitcoin and US stocks both declining, Ethereum's ETF is attracting net inflows of funds against the trend. Many large holders are starting to prepare for the Prague upgrade in March next year, buying more as prices drop.
Currently, ETH and its ecosystem tokens present good entry opportunities, such as AAVE in the 300-320 range, which is a quality entry point. Pepe, as a new Ethereum meme star, is also worth关注. After buying, hold patiently for 2-3 months, and you might witness a miracle!
Regarding ETH ecosystem tokens, it is worth noting that Uni may perform weakly recently, as on-chain data shows that $220 million worth of Uni has flowed into Uniswap, suspected to be a selling operation. This huge amount of money significantly impacts Uni's total market cap of $7 billion, making it less suitable for positioning in the short term. It is recommended to focus on AAVE.
Furthermore, from on-chain data, the TVL (Total Value Locked) of Ethereum, Sui, and Hype has seen significant growth recently, especially Hype, which in just one month has jumped to the tenth position among public chains, and its token market cap has also entered the top 20. However, due to the recent large increase in Hype, it is advisable to wait for a clear pullback before considering an entry, especially with the potential of its listing on Binance.
On the other hand, the Federal Reserve may not lower interest rates in the first half of next year. Current market data shows a 43% chance of a rate cut in June, while the probability of no cuts remains as high as 39%. If you want more certainty about rate cut expectations, you may have to wait until July. However, rate cut expectations fluctuate every month and will still depend on inflation performance in the future. As long as subsequent inflation can decline, the Federal Reserve's large liquidity injection may reappear. However, it is expected that the latter part of the bull market is more likely to resemble a mild slow bull like the US stock market, rather than the explosive growth of the last bull market.
Regardless of how January adjusts, this is everyone's last opportunity to get on board. Here are some good bottom-fishing targets:
RSS3
At the current price around $0.13, you can go all-in directly, as the price is at a low level and the bottom is clearly accumulating. This coin tends to have explosive growth in the first quarter, and since it does not follow the market trend, there are signs of a breakout reversal. Therefore, you can take a risk of 15%-20% to swap for over 70% profit, which is very cost-effective!
Usual
A double bottom pattern is emerging on the 4-hour chart, making it a good time for short-term positioning! The founder has a solid background, actually being the vice chairman of a French presidential party, so they must be given some respect, right?
HYPE
HYPE is approaching the 23-25 support range, which is a zone where you can try buying for a swing trade. Set a stop-loss at the 4-hour K-line closing below $20.
HOOK
$HOOK
Recently, there are rumors of small moves, saying there will be cooperation with TON and SUI, which may usher in a big market in the future!
Reasons for optimism: CZ is currently working on AI + education applications; currently, the range of fluctuations is limited, presenting significant opportunities, you can pay attention to this wave and wait.
Yesterday's focus: ATA
ATA is a decentralized service protocol, and its recent price increase has attracted community attention. With the explosive growth of on-chain Ai16z, AI underlying protocol TEE technology-related tokens are seeing an uptick!
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