In the same scenario, we are now at Higher Low and the altseason is about to start. In my last posts, I stated that BTC Dominance is at a critical level and that there will be sharp movements up and down for weeks. I even shared that you should avoid long trades and highly leveraged trades.
The long rate is still very high in the market, so the system tends to go down. Since the indexes are at a critical level, sharp movements are inevitable and these movements may last for another 3-4 weeks.
If you are patient, an altseason is inevitable. We may be comfortable as spot traders, but avoid high leverage.
BTC has fallen back to the order block level and below this zone, i.e. below $99588, 4-hour and daily closes may show us retracements down to 93500 levels.
Avoid taking long trades or highly leveraged trades.
Trump's DeFi Project World Liberty Financial Holds 6 Cryptocurrencies!
Trump's DeFi project World Liberty Financial's December cryptocurrency buying spree is approaching $45 million. Trump's DeFi project World Liberty Financial's cryptocurrency purchases in December are approaching $45 million. As Yoyodex previously announced, World Liberty Financial purchased ONDO, a $250,000 DeFi token, last night. On December 14, he bought $500,000 worth of Ethena (ENA). ENA token increased by more than 20% after the news. ENA, which traded below $ 1 before the purchase, is currently trading above $ 1.20. At the same time, ONDO has risen more than 15% in the last 24 hours. So which assets has Trump's DeFi project invested in since November 30?
According to Lookonchain's December 16th post X, the World Liberty wallet has made about $45 million in purchases since November 30th. World Liberty, which also triggered AAVE and LINK rallies last week, has spent $44.75 million on 6 cryptocurrencies since November 30. The project's purchases are as follows: ETH 8105 at $3,701 on average ($30 million)cbBTC 102.9 at $97,181 on average ($10 million)LINK 78,387 at $25.5 on average ($2 million)AAVE 6137 at $325 on average ($2 million)ENA 509,955 at $0.98 on average ($500,000)ONDO 134,216 at $1.8 on average ($250,000) Announced in September, the project describes itself as a decentralized finance (DeFi) platform for crypto trading. It lists US President-elect Trump as "chief crypto advocate" and his sons Donald Jr, Eric and Barron as "ambassadors". A company linked to the family is entitled to 75% of net income. Nansen research analyst Nicolai Søndergaard recently told Bloomberg: "World Liberty's token purchases could be a way to gain additional confidence and a way to strengthen the project by shining a light on these assets. Because if these assets are successful, the project is likely to perform well." The project has struggled to meet the sales target for its eponymous World Liberty Financial (WLFI) token. So far, it has sold less than a quarter of the $300 million worth of WLFI it put up for sale. However, it received a boost last month when Tron blockchain founder Justin Sun made a $30 million purchase and became the project's largest investor, later being added as an advisor. Source: Yoyodex
There is high probability the dominance top is in. But you must pay attention to the blue box where will be high volatility and it's designed to shake the weak hands out, I do not want to stress you anymore but high leverage during this time gonna be liquidated, take care yourself. In my opinion the parabolic could be happening in Q1 and dominace might found bottoms out around 43% (or 40% if we're lucky). A: The Bull.
“If Bitcoin follows the patterns of the 2015 and 2018 cycles, the next peak could occur in October 2025. But if BTC mirrors the 2011 cycle, the market peak has already occurred.”
Last 1 hour to the daily close! If Bitcoin closes above $100,450, we could see sharp upward movements, it might be a bit faster to set the new ATH price.
Eventually, the upside will come, but staying above this band is more favorable in the short term. Otherwise, there could be a pullback to the $94,000 bands.
It is useful to follow the price range I have provided (for short-termists and highly leveraged traders.)
TOTAL2, TOTAL3 and $BTC Dominance made retest. I am sorry for who sold their alts or liquidated in last 2 day. But it was the last chance to buy dip. It will be our, holder's best christmas ❤️