The results of the US election on November 4 are coming soon, let's briefly discuss the impact of two possible outcomes on the cryptocurrency market.
Outcome 1: Trump is elected.
1. The new Republican Party platform will become more important: ending the US government's crackdown on cryptocurrencies, defending the rights of Bitcoin and cryptocurrency mining, self-custody, and trading freedom.
2. Trump will appoint a new SEC chairman, with three candidates who are favorable to the crypto space: Dan Gallagher (Chief Legal Officer of Robinhood, which fully embraces the crypto space), Chris Giancarlo (former CFTC chairman, nicknamed the father of crypto), and Hester Peirce (one of the current five SEC commissioners, nicknamed the mother of crypto).
3. The DOGE division will be officially established, and cutting the budget department will surely generate news, bringing Dogecoin's exposure to another level.
4. Short-term benefits of Trump-themed coins will be fully realized.
Outcome 2: Harris is elected.
1. The steps towards regulatory openness for the crypto space will not be as significant. Gary Gensler may become Treasury Secretary, and among the new SEC chairman candidates, only Chris Brummer is crypto-friendly, but being a law professor may lead him to be similar to Gary after taking office.
2. Trump may go to jail, Musk may be targeted, and companies in the crypto space that support Trump may face scrutiny, especially those that align with the knowledgeable king out of fear of SEC action, such as Kraken and Gemini. The aforementioned related concept coins may face a deep pitfall.
3. Harris's climate policy will negatively impact high-energy-consuming POW mining.
4. Overall, it should present another bottom-fishing opportunity similar to '94. After all, the Democratic Party and Harris's major backer BlackRock still want to expand Bitcoin ETFs and tokenization.
Dogecoin is priced around 0.25, ranging from 0.35 to 0.2. I think the fluctuations in this range are healthy trends, because the last round of Dogecoin outbreak attracted a large number of new funds to enter the market, which requires some time to digest. It can also be understood as washing out the unsteady holders. Then the way to wash the market is to follow the market to fluctuate widely.
Of course, the fluctuation range of Dogecoin will be much larger than that of BTC and ETH. This is also the characteristic of small cottage MEME coins, and it is also unavoidable. Many fans and friends are currently trapped in a situation of entering the market at a high position. My operation suggestions are:
If Dogecoin currently accounts for less than 50% of your total position, then I do not recommend you to cut your losses and leave the market now. You can wait for Dogecoin to further pull back to around 0.25 to increase your position and lower the average price. This is conducive to better recovery and profit. Everyone must remember that when the spot is not certain and the position is not very advantageous, it must be entered in batches, so that you can buy at a relatively low position!
If you are currently fully invested in Dogecoin or close to fully invested (accounting for 70% to 80%), and the entry point is far away now, it is difficult to return to the cost position without the support of good news in the short term. Then I suggest that you can reduce your position appropriately every time it rebounds. Reducing your position does not mean that you are not optimistic about the future of Dogecoin, but that your position is all occupied by Dogecoin. Then the next bull market will break out and the copycats will fly everywhere, which may have nothing to do with you. You may only return to your cost position and make a small profit.
Everyone comes to the currency circle for one purpose, that is, to make money and cash out. So everyone should be smarter and maximize the use of their funds. Don't hang yourself on a tree. Sometimes cutting off your arm to survive is also a kind of wisdom. Everyone should spend more time to learn the correct way to play contracts and spot, and don't enter the market blindly!
Today's fan Q&A: How do you see GMT? 0.12-0.17 oscillates to build a bottom, and there is still room above after breaking through. How much do you see in the short term for LPT? Look up or down? Haha, first look at whether the high point of the previous few days near 21 can be broken through. Don't be afraid of going down. If it can reach around 15, you can take a look. How is FTT? Not bad, the bottom is well built in all aspects of the trend, and there are news and compensations on FTX in 25 years, etc., which can be held. How is Ondo? ONDO is one of the hot RWA concepts, very strong and good. Where can the short-term rebound be seen first at 1.7 and then 2.2 after breaking through. Can ME be held? Recently, the new coins have been doing well, and this coin is also good, so you can hold it. How do you see ENS? After the overall breakthrough of this coin, it will form an oscillation range of 31-50 above. It has to wait for Ethereum to become strong. It is a good coin. Is there a high possibility of a plunge at the end of the month? Not very likely, there is not much long liquidity in the short term. The probability of oscillation is greater
The four indicative Bitcoin spot ETFs, FBTC, ARKB, BITB, and BTC, have finally ended a continuous net outflow since December 17, with significant net inflows starting yesterday.
Among them, the net inflows for FBTC and ARKB reached 254 million and 187 million, respectively.
December 27 BTC and ETH Market Analysis: Today's Highlights: BTC: 1-hour and 4-hour levels returning to healthy levels, daily level returning to healthy levels, intraday expectation continues to consolidate, consider following up on pullback support levels, large cycle expectations have not weakened, intraday support at 94000-95000, resistance at 98000-98500 ETH: 1-hour and 4-hour levels returning to healthy levels, daily level returning to healthy levels, intraday expectation consolidating, consider following up on pullback support levels, intraday support at 3280-3330, resistance at 3480-3530
Altcoins are consolidating in line with mainstream trends, with some altcoins experiencing slight declines. Pay attention to the stability of mainstream coins today; it may be time to consider following up and waiting for the next round of bullish cycles. For altcoins already acquired, continue holding SATS and consider selling when it rises to around 50. For medium-term holding, look towards around 80. After reducing holdings in CKB, continue holding and wait for ecological breakthroughs. If still holding FTM, consider reducing holdings. POLYX can continue to be held, and maintain holdings in ACT. Fundamental news: None Primary market information: Recently, on-chain MEME has also begun to cool down, continue to monitor this. The DOGECAST narrative is promising; consider positioning to wait for the narrative to start.
Flash Crash? Bitcoin 'Unexpectedly' Plummets Over $2,000! What Exactly Happened? Major Moves from Trump's Camp
On Friday (December 27), Bitcoin plummeted and nearly fell below $95,000, recording a drop of over $2,000 in a single day. The collapse was caused by a 'reporting error' on Trading View that showed Bitcoin's dominance in the market dropping to 0%. Strive, associated with the elected President Trump, applied for a Bitcoin bond ETF aimed at investing in convertible bonds from Wall Street-listed giant MicroStrategy, among others.
Users in the cryptocurrency community reported anomalies in the Trading View Bitcoin dominance chart as Bitcoin fell to $95,000. The error indicated that Bitcoin's share of the total cryptocurrency market cap had dropped to 0%. This error is said to be the underlying reason for subconscious trading reactions, which have now been corrected.
Dogecoin (DOGE) Reversal Journey: Can It Return to $1 by 2025?
This is quite a surprising turnaround for the asset class, as Dogecoin has recently continued to decline by 19%, and traders are pondering whether Dogecoin can still reach the $1 target in 2025. The leading meme coin has been falling alongside the broader market, with the holidays leading to significant adjustments. However, this has not stopped many from harboring hopes for asset classes as we enter the new year. In fact, with the elected U.S. President Donald Trump set to take office in January, it is likely to trigger positive performance across the cryptocurrency market. There is reason to believe that Dogecoin could be one of the best-performing tokens.
In the crypto world, buying coins can be considered the first step to entry.
However, this step is not easy.
Novices often get lost among various altcoins, unsure of what to do.
But I want to tell everyone that buying coins also requires skills.
No matter how unpredictable the market is, we must maintain a steady mindset.
I recommend that everyone allocate half of their portfolio to Bitcoin and Ethereum, as these are the two cornerstones of the crypto world and the most reliable investment choices.
The remaining portion should be selected based on market conditions and personal judgment.
When a bull market arrives, various altcoins emerge like mushrooms after rain, at this time we need to keep a clear mind and keenly capture those coins with potential.
Of course, this does not mean we should blindly chase highs, but rather analyze rationally and operate steadily.
Remember, trading coins is not gambling; it requires us to use wisdom and courage to engage in the game.
Selling coins, compared to buying, tests our skills and mindset even more.
Many people always think about selling at the highest point, but this is actually an unrealistic fantasy.
The market is ever-changing; we cannot predict future trends.
Therefore, we need to learn to set reasonable profit-taking targets and strictly execute them.
Is this still the raging bull market you expected?
Do you think a bull market should see all cryptocurrencies rising without any pullbacks? That's too simplistic.
The rhythm of previous bull markets has always been like this.
Early stage: Led by Bitcoin.
Mid stage: Bitcoin continues to lead, altcoins and other cryptocurrencies follow suit, with strong and hot sectors performing exceptionally well.
Late stage: After Bitcoin reaches its peak, it enters a wide range of fluctuations, with altcoins driving the entire altcoin market to complete the peak trend.
To explain, when a major market trend reaches its first wave, it will first be followed by a small altcoin market, and after a slight adjustment, a second wave of major altcoin market will follow!
Now, this round of market has lasted for three months, and BTC has reached the critical position of 100,000 and has made adjustments, while the Bitcoin market share has also decreased, fluctuating for about 4 weeks. The adjustment time is in place, which also provides a foundation for the altcoin explosion. Don't rush into altcoins; the arrival of the altcoin season requires not only Bitcoin to rise steadily but also enough emotion and capital overflow.
For the real altcoin season to come, Bitcoin needs to rise slowly, and Ethereum must maintain a strong upward trend. The combination of these two factors is the best driving force for emotion and capital. Everyone can recall that in November, the small strength of altcoins experienced a blood-sucking phase from BTC, coupled with Ethereum frequently breaking resistance levels and standing above 4000. Looking back, during BTC's blood-sucking phase, Ethereum surged. At this stage, many altcoins have already completed 2-3 times the movement, while the weaker ones have seen over 50%. Therefore, if these conditions are not met, it is difficult for altcoins to have a comprehensive explosion day.
Returning to the topic, saying this is not to undermine everyone’s confidence and expectations, but to make everyone understand that while anticipating the altcoin season, we must also be cautious of the risk of decline. Once Bitcoin and Ethereum start to adjust, altcoins will also face adjustments. Therefore, we should be prepared for the market according to the stage we are in.
The altcoin season will not happen directly here, and the real expectations will be changed by the statements released after Trump takes office, along with the influx of capital. Relying solely on the current capital situation, it is difficult for altcoins to meet everyone’s expectations.
The bloodsucking effect of the altcoin market is becoming increasingly apparent, especially during periods of extreme volatility. Looking back at the flow of funds in the meme sector, it’s like a new script every day; the speed at which funds rotate is astonishing.
Recently, many friends who have privately messaged me have been asking, "What should I do if I’m stuck with XX coin?" In fact, many people didn’t set a stop-loss when opening positions. Once the market reverses, they are instantly trapped, and they may even be forced to liquidate. The stop-loss price is essentially the liquidation price; if you’re lucky, you might barely hold on and see a rebound, but if you’re unlucky, you will indeed have to face the consequences of liquidation.
The real problem is that many people do not understand the risks of contracts and are unwilling to set stop-loss orders.
Everyone always thinks that if they are trapped, perhaps holding on a bit longer might allow them to break even. Once or twice they may escape by luck, but sooner or later, there will be a time when it completely backfires; this is a lesson I have personally experienced.
So, here’s a piece of advice for all friends trading contracts: open positions within your capacity, and never ignore the setting of stop-loss orders!
Set stop-loss orders, set stop-loss orders, set stop-loss orders; this is the most basic form of risk management.
A very high-value experience for selecting projects in the meme market—carefully consider Is the narrative good, is the AI good, can it go viral, like SS or Apple? In addition to conventional metrics, there's another standard: 【Uniqueness】 Can it be easily imitated from the same angle? Can it be immediately copied? The less it can be imitated, the harder it is to replicate, the more it should be prioritized in selection. Because the imitation ability of the dogs is too strong. For example, Ban, how can you imitate that?
My bottom-fishing usually divides the funds into two parts, half on the left and half on the right;
On the left, the more it falls, the more I buy, and I buy until I reach my psychological limit. On the right, I wait for upward push or higher tops and higher bottoms, and buy when it falls back.
Instead of not buying when it falls, I rushed in after it rose a few points like yesterday, which is very easy to be cut repeatedly.
BTC and altcoins have diverged, but in general, the currency circle still depends on the big cake. If the big cake does not harden, the sustainability of the altcoin's pull-up remains to be seen; you can understand it as an oversold rebound, or you can understand it as the main funds controlling the average price of chips. Wait for the big cake when it falls to the bottom → the big cake has not fallen yet → the big cake has fallen → follow the fall → the big cake has not fallen to the right place → the altcoin pulls up a wave of prices to defend and wait.
Whales pause accumulation, SHIB price begins to stabilize, possibly up 29.5%!
The price of Shiba Inu (SHIB) has dropped 10% over the past 7 days, but it remains the second-largest meme coin in the market, second only to Dogecoin. Despite the recent pullback, SHIB's RSI has been steadily rising, indicating improved buying momentum and a potential shift in market sentiment.
Whale activity has stabilized after a brief drop, indicating that both accumulation and distribution have paused, which could lead to short-term price consolidation. Since SHIB is trading within a defined range, breaking through key resistance levels could open the door to a 29.5% upside potential. Shiba Inu's RSI is currently neutral but is on the rise.
As the cryptocurrency market continues to evolve, certain altcoins are expected to make significant strides by 2025. These digital assets each possess unique technological advancements and strong market positions, sure to attract the attention of investors and developers. From Ethereum's groundbreaking smart contracts to Solana's impressive scalability, these altcoins provide promising opportunities for growth and innovation. Altcoins to watch for in 2025 1. Ethereum (ETH)
Since its founding by Vitalik Buterin in 2015, Ethereum has been a transformative force in the world of cryptocurrency. By introducing smart contracts and a plethora of dApps, Ethereum has fundamentally reshaped the landscape of digital finance, establishing itself as a central hub in DeFi and other areas. With the approval of Ethereum ETFs in the U.S., institutional investors can now access Ethereum more easily, further enhancing its growth potential.
Can lpt still be taken? Yes, it can be taken. It's stronger than most of the clones out there.
How much is bgb seeing? Follow the rising trend line. It’s hard to say how high it will go, but look around the $10 integer level.
How about cow? It's a very strong coin, entering its main upward wave.
If the market warms up, will iotx rise to 0.09? It can, but it’s not possible in the short term.
stx This coin, I don't know what happened, but it’s very weak this round. It was particularly strong last year; let’s wait for it to recover.
Can act still be taken? After breaking the resistance level of 0.37, it is currently showing a downward trend. I estimate it will likely create new lows for a washout. Watch for strong support around 0.22.
Will the clones break new lows? It’s likely to test the previous low area, but the probability of breaking new lows is low.
Is it suitable to enter the market now? What spot should I buy for more stability? Auntie, it’s a bit stable, but the clones are in a phase of differentiation and volatility; it’s not too exciting.
Will today until New Year's Day be a volatile market? It’s highly likely to be this way.
Bitcoin Soars Close to $100,000! Putin's Major Trade 'Boom'! Musk Makes Rare Shocking Remarks
On Thursday (December 26), Bitcoin surged close to $100,000, then slightly retreated to around $98,770. The Russian government announced that companies in the country are allowed to start using Bitcoin in foreign trade. Billionaire Musk criticized U.S. President Biden, implying that the latter is selling presidential pardons, and under financial considerations influencing decision-making, the founder of the collapsed crypto exchange FTX, Sam Bankman-Fried (SBF), may be released early.
Western sanctions have complicated trade between Russia and its main partners, as local banks are extremely cautious about transactions related to Russia to avoid scrutiny from Western regulators.