Ethereum has been fluctuating in the range of $4200-4500 for nearly half a month. This reflects the exchange of chips between large holders and institutions, and also indicates that the market is clearing excessive contract positions to accumulate momentum for future trends.
I have always insisted on this judgment: Ethereum is currently in the accumulation phase. Regardless of interest rate cuts, the market is likely to remain in a range of fluctuations without significant changes. Therefore, this stage is a good opportunity for layout, and positions should be gradually established before the launch.
In addition to Ethereum, the following altcoins are also worth paying attention to, with expected doubling potential:
The DEX sector represents UNI, currently priced around 9.43 USD, and it may be a good time to consider building a position, with targets looking towards 20–50 or even 100 USD. The daily chart has shown signs of stabilization, and although there are doubts in the market due to the slow progress of its empowerment process, UNI proposals usually have a longer cycle. It is expected that news regarding empowerment may be released around mid-month. The current price level has remained stable for a long time, and many investors have changed their positions, making it an opportunity for determined investors to enter.
The AI sector token VIRTUAL can be entered at 1.2 USD, with a target set at 2–2.3 USD. The daily trend is gradually rising, and there has not yet been a significant volume increase; clear signs of bottom accumulation are evident. Additionally, the overall increase in the AI sector during this round of market conditions has not been large, indicating a strong expectation for a rebound.
The lending leader AAVE is currently priced at 299 USD, suitable for building positions in batches, with a medium-term target of 600–1000 USD. Although its recent performance has been relatively weaker compared to other leaders, it is suitable for investors who prefer low-position layouts. It is worth noting that recently a large holder increased their stake by about 50000000000 AAVE, which may indicate that favorable news has yet to be released. Once Ethereum initiates the next wave of market activity, AAVE is expected to show a strong upward trend.
In addition, these projects are also worth continuous attention: ENA, WLFI, DOLO.
That's all for today. More operational strategies will be supplemented later, and you are welcome to stay tuned!
