Certain positive events for the crypto market in the future are becoming clearer: the first is that a large amount of capital may enter the market in January, with FTX compensation. In December, 98% of retail investors were compensated, defined as those below $50,000, totaling $1.1 billion. It is expected that large compensation amounts will be issued in the first quarter, totaling $13.4 to $15.2 billion, with a high probability of compensation in USDC. This is equivalent to the backing of over 100,000 bitcoins. Even if only a small portion of this capital flows into the market, it will be a massive buying force. Many initially believed that these funds would exit the market after compensation. If you are a compensator and see the market surge to 100,000, while most altcoins and Ethereum haven't followed much, would you choose to leave the market? Or would you continue to fight?
The second is that in January next year, Trump will be in office, and the SEC chair will change. Even if things get worse, the coin prices won't drop significantly. Of course, we shouldn't have too high expectations. Yesterday, I reduced my position in Bitcoin by 20% at 100,000. I'm considering further reducing my position above 150,000, and I'm looking to make short-term trades or long-term investments in altcoins, just to prepare for accumulating more altcoins that can outperform the market.
The third is the Bitcoin investment plan from Microsoft, which we have talked about many times, is about to be announced around the 10th. Once a company like Microsoft joins the Bitcoin investment plan, the funding will not be less than $1 billion, and that's saying it on the conservative side.
So the risks and opportunities for the future are already quite clear. The next step is to consider how to navigate and seize this bull market!
4 types of 100x cryptocurrencies that may become market leaders in the future!
XLM
The trading price of Stellar (XLM) is between $0.46 and $0.62, currently in a consolidation phase after a 413% increase over the past month. The recent resistance level is at $0.68; breaking this resistance could push the price to $0.85, a potential increase of over 30%. Technical indicators are mixed: RSI is about 46, indicating neutral momentum, while MACD is slightly negative, suggesting potential bearish pressure. The price is close to the 100-day moving average of $0.51. A break below the support level of $0.36 could lead to further declines to $0.19. The coming days may reveal whether Stellar will continue to rise or enter a correction phase.
AVAX
Avalanche is a layer 1 blockchain known for its environmentally friendly approach, low fees, and fast transactions. It can process up to 4,500 transactions per second and aims to complete transactions in under 2 seconds. Avalanche allows users to create customizable subnets, which are unique blockchains tailored to specific needs. Its native token AVAX is used to pay transaction fees, stake to secure the network, and operate subnets. AVAX has strong utility for payments and staking, and supports the creation of custom tokens and blockchains. In the current market cycle, AVAX's technology and features may make it an attractive choice for users and developers seeking scalable and efficient blockchain solutions.
FTM
Fantom (FTM) is an open-source decentralized digital asset and decentralized application (DApps) platform. It aims to overcome the limitations of previous blockchains by balancing scalability, security, and decentralization. Fantom uses its own consensus mechanism called Lachesis, capable of processing thousands of transactions per second with a settlement time of 1-2 seconds and low transaction costs. The platform supports smart contracts through its Opera layer, which is compatible with Ethereum's virtual machine (EVM). Fantom's native token FTM supports the ecosystem by facilitating payments, network fees, staking, and governance. This technology has the potential for decentralized finance (DeFi) and may attract developers and users seeking efficient blockchain solutions.
UNI
The UNI token of Uniswap was launched in September 2020 as a governance token, allowing holders to vote on the platform's development, such as fee structures and token distribution. As the leading decentralized exchange on the Ethereum blockchain since 2018, Uniswap provides an automated liquidity protocol for trading without an order book, giving users full control of their funds. To compete with SushiSwap, Uniswap incentivized loyalty by distributing 150 million UNI tokens to past users, with each user receiving 400 tokens valued at over $1,000 at launch. With its open-source nature and focus on accessibility and security, Uniswap is the fourth-largest DeFi platform, holding over $3 billion in assets. The governance role of the UNI token and Uniswap's innovative technology make it an attractive asset in the current market cycle.
