Near Protocol (NEAR) — is a blockchain platform for creating scalable decentralized applications. Its goal is to solve the problems of transaction speed and cost by offering low fees and high performance. In recent years, NEAR has shown significant growth due to improvements in user experience, developer support, and the implementation of new technologies such as sharding.
The rise of cryptocurrencies before the inauguration of the new president may have several positive aspects:
Increase in trust and interest in cryptocurrencies
Attraction of capital and new investors
Incentive for the adaptation of legal and financial structures
Support for innovative technologies
Prospects for business
Overall, the rise of cryptocurrencies on the eve of the inauguration may be a sign of growing trust in innovations and new economic models, which positively affects both the market and broader economic prospects.
In December 2024, the Bitcoin rate reached a historical maximum, exceeding the $108.3 thousand mark. However, after statements by the head of the US Federal Reserve, Jerome Powell, the rate fell below $100 thousand.
RBC
The Fear and Greed Index, reflecting the mood in the cryptocurrency market, is currently at 78, indicating a state of "extreme greed".
BINANCE
According to technical analysis, the minimum value of Bitcoin is expected to be $100,545.18 in 2024
During Christmas, the cryptocurrency market, along with other financial market assets, historically experiences a downward trend, which suggests that this is a cyclical market trend. Traders should be aware of this market behavior in order to adjust their strategy.
$BTC Corrections of Bitcoin are a natural part of its price dynamics. During periods of growth, pullbacks of 10-15% are possible, which is considered a normal phenomenon. For example, in January 2021, after reaching a peak of around $42,000, the price of Bitcoin dropped to $34,000. CRYPTOPIZZA
Analysts note that despite temporary corrections, the long-term trend of Bitcoin remains upward, and many investors view such declines as buying opportunities.
#MarketPullback The market was red these days, but correction guys, what's the panic, now they will push ETFs and everything will be fine, so I advise to buy coins and wait for your profit, everyone work
$ETH 1. Leadership in Smart Contracts Ethereum was the first platform to implement the concept of smart contracts — programs that automatically execute the terms embedded in them.
2. Active Ecosystem Development Ethereum is the largest platform for blockchain application developers.
3. Transition to Proof-of-Stake (PoS) In September 2022, Ethereum successfully transitioned to the Proof-of-Stake consensus algorithm (as part of the "The Merge" update).
4. Wide Application Ether is used not only for transaction payments but also for: Staking in DeFi protocols; Purchasing NFTs; Creating and managing DAOs (Decentralized Autonomous Organizations); Developing Web3 projects.
5. Financial Attractiveness Ethereum regularly improves its economic model.
6. Reliability and Security Ethereum is one of the most reliable and time-tested blockchain networks.
7. Growth Prospects Ethereum is constantly evolving. Upcoming updates, such as "sharding," aim to address the scalability issue, allowing for more transactions to be processed while reducing fees.
In conclusion, Ether is not just a cryptocurrency, but a key part of an entire ecosystem shaping the future of the digital economy.
Let's imagine that you bought Bitcoin at current prices and suddenly a black swan arrives. According to our hypothesis, Bitcoin will no longer fall below $19,500 (we are not waiting for loys to be updated). In this case, you will have a drawdown of -29%. However, what if there is no Black Swan? Will the price continue to rise? Then you will end up buying Bitcoin much higher than current prices, or perhaps not buying at all and missing out on the entire rally.