24-hour liquidation of 1.7 billion, 570,000 people were liquidated! Feels good, this wave of liquidations is clean and refreshing. Let's let the bull lower its head to eat some grass first, then the altcoin market can start again.
However, the altcoin market takes a hit of -20%+, earning only limited profits.
Here are a few altcoins with relatively high certainty for future reference:
1: ETH, this month Ethereum's online conference will have updates, plus the ETF has seen continuous net inflows for half a month, the upgrade in March next year, and after Trump takes office in January, it is expected that policies will be loosened. By then, the launch of the ETF staking will basically accelerate the arrival of the main upward trend for ETH! The reference position can be in the range of 3550-3500, placing orders in batches. Pay attention to position allocation, and set the target at a new high and 8000!
2: SOL, SOL is expected to be the first altcoin to launch an ETF. The review of the Solana ETF applications submitted by four institutions on January 25, 2025, will take place. In the past two years, the SOL ecosystem has also been riding the meme wave, developing things like wif and bome on-chain... So besides Ethereum and BNB, SOL is still the top choice for long-term holding among altcoins, especially since its ecosystem is doing well and there are ETF expectations. The reference position is around 200-205, where orders can be placed in batches. Pay attention to position control, and the target is a new high; if the ETF is launched and it rises to 500, it wouldn't be surprising!
3: DOGE, the trend of Dogecoin has not ended. Elon Musk's DOGE minister will officially take office in January, and then Dogecoin will start a wave of upward momentum. Dogecoin has been repeatedly called out by Musk, and it has already risen several times from the bottom. Those who got off midway, including those who haven't boarded, still have a chance to get a share of the pie. Although Dogecoin's market cap is relatively large, it still has room to double even if it reaches a new high. The reference position is to buy a part at 0.4, and the remaining can be placed at 0.36 to lower the average price. On one hand, it’s to avoid missing the opportunity below 0.3 for Dogecoin, and on the other hand, it is to strictly control the position. You can’t go all in at one price point; manage the position well, and at least consider reducing your position by 50% during the fluctuations, aiming to hold on for at least a new high.