2024/12/2 Market Analysis

Now we see many established cryptocurrencies starting to take off🛫, many of which are being controlled by strong whales. Last week, there was talk about the SEC settlement concept coins including XRP, ADA, etc., which are very strong.

Many established tokens have already made moves, BCH, ETC, and FIL haven't really surged, so it might be a good idea to set up some positions and bet on capital rotation.

However, it can be seen that the lack of future hotspots is a drawback for all old altcoins, so for many tokens, it is recommended to take profits and sell, at least to recover some capital. The purpose of a bull market is to make money, so the principle of not losing is actually making money, and profits should be taken when earned. One shouldn't be too rigid; after chasing the rise, one can take profits in a few days📈