According to the current liquidation map, the market still leans towards bullish dominance. Based on the current Bitcoin price around $119,500, if the market fluctuates up and down by $2,000 and rises again to around $121,500, it is expected that approximately $930 million in short positions could be liquidated. Conversely, if the market drops to around $117,500, it is expected that approximately $1.2 billion in long positions could be liquidated.
The Bitcoin spot ETF saw an inflow of $5.3 million yesterday, while the Ethereum spot ETF had an inflow of $34.3 million.
The overall market direction is still in a consolidation phase on the daily chart. From the current market trend, although there was a quick rise last night mainly due to some news impact, it has not effectively broken out of the consolidation range. Therefore, the market still needs to consolidate and gather momentum for a real trend change. Additionally, regarding Ethereum, it is still slightly fluctuating, but from the daily view, Ethereum appears relatively healthy, remaining in an upward trend, and could continue to have a separate rally. Personally, I believe it is advisable to continue buying on dips while also remembering to set stop-loss orders when building positions. Don't fear a loss of ten thousand, just fear the one in ten thousand.
Buy the dip on three altcoins expected to rise tenfold in the future!
1. XRP
Ripple's XRP remains at the forefront of connecting traditional financial networks and blockchain remittance systems.
This week, blockchain currencies continue to rise, increasing 33% in the past 7 days and 10% in the last 24 hours, with a trading price of $3.26 at the time of writing.
XRP provides near-instant cross-border transfers at very low costs, continuously attracting the interest of institutional investors, and has even been recognized by the United Nations for its ability to facilitate global transactions without intermediaries.
After years of legal disputes with the U.S. Securities and Exchange Commission (SEC), Ripple achieved a significant victory in 2023 when the court ruled that its XRP retail sales do not constitute securities trading. In 2025, the SEC officially closed the case, ending a four-year lawsuit.
This legal closure solidifies XRP's regulatory position and sets an important precedent for the entire altcoin industry. Investor confidence has increased significantly, and XRP's price has risen 431% over the year, far exceeding Bitcoin's 80% increase during the same period.
XRP is currently in an oversold state, with a relative strength index (RSI) of 86. Although it has already seen a decline, its previous resistance level of $3 may now turn into a strong psychological support level, allowing it to consolidate recent gains and aim for $4, a target that could even be achieved by the end of the month.
Earlier this year, technical analysis showed the formation of a bullish flag pattern, indicating that XRP bulls are currently chasing new all-time highs (ATH) to replace the $3.40 high set in January 2018.
2. PUMP
The Pump.fun protocol is set to launch on Solana on January 19, 2024. It is a cryptocurrency launch platform, meaning anyone willing can mint and issue cryptocurrencies (usually meme coins), and it offers a fair launch opportunity for each project, allowing everyone to buy and sell the token at its initial creation.
On July 12 of this year, this true meme coin issuance factory launched the native token PUMP and secured $1 billion in investment within 12 minutes.
The team minted 1 trillion PUMP tokens (33% of the total supply) at a price of $0.004. Of these, 15% were sold to retail investors during the ICO, and 18% were sold to institutional investors. Therefore, the team raised $600 million during the ICO, and the participation of institutional investors brought the total financing to over $1 billion.
Although it is still too early to judge the trend formation, the chart shows that Bitcoin's price first surged suddenly and then plummeted. Yesterday, the price once reached a historical high of $0.006812, followed by a decline of 21.4%. Of this, the decline in the last 24 hours accounted for 15%, and the current trading price of the token is $0.005352, only up 4.5% from the historical low of $0.005126.
Given that the presale price of the token is $0.004, the outlook is not good, which is why the team initiated a buyback to stabilize the price.
This release may be somewhat volatile, but Pump.fun is a mature protocol, and its team knows what they are doing. Given that meme coins on Solana occupy $15 billion of the $79 billion meme coin market, there is no doubt that as the project establishes itself in the market, demand will grow.
3. ADA
Driven by increasing institutional support and strong technical indicators, interest in Pepe ($PEPE) continues to rise. Recently, Donald Trump pointed out that Cardano and XRP, like Solana, are expected to be included in the proposed U.S. strategic Bitcoin reserve.
Cardano was founded in 2014 by Ethereum co-founder Charles Hoskinson and is known for its research-driven approach and energy-efficient proof-of-stake (PoS) consensus, which later influenced Ethereum's own migration from proof-of-work.
ADA currently has a market cap of $9 billion and needs to more than double its market share to surpass Solana and challenge Ethereum's dominance.
In the past week, Cardano has outperformed Bitcoin in the overall rising market, rising 8% within 24 hours, while Bitcoin fell 0.6%. Over the past seven days, ADA has risen 28.5%, while Bitcoin only rose 6%.
Predictions indicate that by mid-year, ADA could appreciate from the current $0.81 to nearly $2, with the most optimistic forecast suggesting that ADA will fully rebound to the historic high of $3.09, marking a recovery of 75.5% from the market peak in September 2021.
The bullish flag pattern formed from November to April indicates further upward potential, although ADA's RSI has temporarily entered the overbought zone and continues to rise, which will undoubtedly trigger some profit-taking as investors capitalize on its inflated price. This suggests that a decline is likely in the short term.
The main resistance level is expected at $1.15, while strong support is between $0.85 and $0.90.
Brothers, come to the chat room and gather: