Major Events Impacting Cryptocurrency Trends in January 2025:
1. On January 10, the employment data for December will be released (affecting interest rate cut expectations).
2. On January 20, Trump will be inaugurated and will announce new policies related to the cryptocurrency industry (positive news).
3. On January 31, the Federal Reserve's interest rate meeting will take place, with a 91% probability on Polymarket for a pause in interest rate cuts in January.
Additionally, some companies will release their fourth-quarter financial reports in January, which will also impact investor confidence!
1. In turbulent markets, without deep thinking, even if I know there will be good news in a week, I am still scared by the current decline and panic sell most of my positions. This leads to a strong rebound in coin prices, missing out on a 50% increase!
2. During pullbacks, worried about profit giving back, I always want to preserve profits, so I sell strong coins that have already made a profit while keeping weak coins that are losing, completely contradicting my principle of 'hold on when prices rise, cut losses when prices fall.'
Experience Summary:
1. In turbulent markets, one must have a full and accurate judgment of the overall market; if there is clear good news in the near term, even if there is a decline, one should hold on.
2. Unless you judge that a trend has ended, you should never sell coins that are in a strong upward trend; even if you have to sell, it should be a complete liquidation rather than keeping losing weak coins and selling profitable strong coins.
A decline on the way up, is a quality inspector for a MEME coin. The strong either don't fall, or rebound immediately after a drop; the weak just can't recover! At this point, you should replace the weak MEMEs, no matter how good their concepts are or how high their popularity is. It's the money that votes that counts the most!
In recent days, BTC's repeated fluctuations should be due to MicroStrategy's large-scale buying.
Originally, BTC was supposed to correct this week, but MicroStrategy bought 1.5 billion in batches, violently pushing the BTC price up.
MicroStrategy never looks at the price when buying BTC, and there is no concept of bottom fishing; they buy whenever they have money, regardless of the price or what stage it is in.
From a 10-year or 20-year perspective, any price now is a low price!
$Moodneg The big positive line the day before yesterday was because @coinbase announced its launch.
The popular MEME coin on TIKTOK was launched on the largest compliant exchange in the United States. I think this is of symbolic significance.
First of all, in this Trump campaign, TIKTOK is the only MAGA public opinion platform besides X, so TIKTOK will continue to develop in the United States after Trump takes office.
Secondly, Coinbase has also started to list MEME coins, indicating that MEME coins have been recognized by the mainstream crypto circle in the United States, which will allow more institutions to enter the market.
Then, this time point is also very interesting, before Trump officially took office. Trump is also an advocate and promoter of cryptocurrency.
The triple recognition of Trump + Musk + Coinbase may really bring about a super cycle of MEME coins!
This cycle is no longer dominated by Dogecoin, but a hundred flowers bloom.
Financial events affecting the cryptocurrency market in December:
December 5, Initial jobless claims from last week December 6, Non-farm payroll data for November December 11, CPI data for November December 19, Announcement of the interest rate decision for December.
1. MEMEs on the Ethereum chain that emerged after 2023 generally lack momentum; after a surge, it becomes difficult to see further growth.
2. Although the recent data from the Base chain looks impressive, so far it has only produced 2 well-known MEMEs—Brett and Degen. Moreover, as an L2 of Ethereum, on-chain transactions also integrate Ethereum’s congestion characteristics!
3. There is only 1 year left in this cycle, and new concepts are increasingly scarce. It is expected that it will be difficult to see another phenomenon of explosive MEMEs like in 2023. Large funds are increasingly concentrating on the leading MEMEs of various concepts.
This Wednesday, three important data points will be released in the United States:
1. Initial jobless claims for the week (reflecting economic conditions) 2. Revised annualized quarter-on-quarter real GDP for the third quarter (reflecting economic conditions) 3. Core PCE price index month-on-month for October (reflecting inflation levels)
These data points will influence the market's expectations for a rate cut in December.
Without seriously thinking about the issue of phased fixed points, driven by the crazy market sentiment, it always hopes to grow higher.
Missed the opportunity to sell most of the positions at the phased high point when Musk was officially appointed, resulting in a profit loss of 1/3.
First of all, the efficient government involved in $D.O.G.E has a very strong political tendency. Therefore, exchanges such as Binance and OKX that pursue compliance will definitely not be listed, and this road is basically blocked.
Secondly, more users still tend to hype Dogecoin. $D.O.G.E has only about 20,000 currency addresses, and it still belongs to the niche MEME coin. It is estimated that it will be difficult to have a greater positive than "Musk taking office" in the future to push it to a higher market value.
Those who know how to buy are apprentices, and those who know how to sell are masters.
Remember: As long as you don’t land and be safe, you should always keep a cool head!
#BONK learns from US stocks and plays repurchase and destruction;#flokicooperates with F1 to launch a racing game and expand application scenarios;#PEPEuses passive skills and is listed on Coinbase and Robinhood;#DOGEremains unchanged for thousands of years and takes advantage of Musk's popularity!
$BOME listed on Binance Spot, opened with a market value of $500 million, reached $1.9 billion in just one day, then peaked. It has been in a pullback for 8 months, and is currently only at 1/3 of the previous high.
$Neiro listed on Binance Spot, opened with a market value of $13 million, rose for 3 consecutive days, reaching $400 million. After a 3-day pullback, it surged to $540 million. After another 2-week pullback, it reached $980 million. It is still making new highs, with a market value of $1.2 billion.
$ACT listed on Binance Spot, opened with a market value of $18.58 million, and surged to $500 million on the first day.
How high it can eventually go, let's wait and see!