Good December, it is the last month of 23 years; it is the final sprint stage, the biggest focus period of the year in Europe and America is coming, and European and American institutions and companies will definitely do their best to attract attention and prepare for the coming year! In this case, it is safer and more stable to stabilize the results than to rush for quick success. Let the market take time, and then take a look at some of the trends this month!
Today's BTC focus
Support 35955/33300/31700/29600
Pressure 38500/40000
eth focus
Support 2029/2000/1970/1920
Pressure 2130/2223
The trend of Yitai has been very standard. Pay attention to the suppression strength of the 2075-2085 range, pay attention to the support strength of 2050 and the strength of 2029. 2029 is the key line. Defense lines have been built around this point many times. Breaking this point will be a good entry opportunity!
Is the next bull market coming?
A: Big cake/Second cake increase 3-5 times
B: Large market capitalization copycat with 10-fold increase
C: Excellent performance, medium-cap altcoins, 20-50 times increase
D: 200+ high-quality copycats, 100-fold increase
E: Some special opportunities, 1,000x/10,000x (Level 1, Tugou, new meme coins)
Large funds are configured with A; medium funds are configured with BC; small funds CDE need to have a good vision to choose good coins, exchange and do good research; small funds with good luck may buy in CDE and the positions may grow into large positions.
Hot events in December! Don’t miss these hot projects worth paying attention to!
Theta Mainnet 4.0 will be launched on December 1st
Theta Network (THETA) aims to build the next generation of blockchain in the video and entertainment space, supporting decentralized streaming and content delivery. Viewers will contribute their idle bandwidth and computing resources when watching videos, and in exchange for optimizing video quality and the overall viewing experience, they will receive rewards in Theta Fuel (TFUEL). In addition, the 4.0 version of the mainnet, which will be released on December 1, will introduce a Theta-based subchain for development teams to use.
ApeCoin (APE) Staking
According to an announcement released by Horizen Labs on social media, the previous delay in the launch of APE staking was caused by the ApeCoin DAO's Bug Bounty Program. To ensure that APE staking can be launched on December 12, the pre-deposit period will be shortened by one week. According to the plan released by Horizen Labs, the Apestake.io website will be launched on December 5 and start accepting pre-deposits; the staking contract will be open from December 5 to December 7; and the staking rewards will start accumulating on December 12.
DYDX
dYdX plans to release the V4 mainnet in the second quarter of 2023 to achieve fully decentralized governance based on DAO. According to the news released on November 22, dYdX has completed the second of the five milestones of dYdX V4 (dYdX Chain), the internal testnet. Currently, dYdX V4 has two permanently running internal blockchain networks, one for developer testnet and the other for general testnet. Functionally, it allows core trading operations, including leveraged trading, fee setting, oracle price updates, hourly funding rates and liquidations.
DEX and decentralized wallet Season
After FTX suffered an unexpected incident, people's trust in centralized trading platforms was hit, and they were more inclined to self-manage and use decentralized wallets and DEX to participate in on-chain ecology/transactions.
DEX tokens worth noting include: GMX dYdX GNS (Gains Network is expected to be launched on Arbitrum in December)
Decentralized wallet tokens worth noting include: SFP TWT C98
They are also alternatives to MetaMask, and MetaMask's parent company ConsenSys stated in a recent update of its privacy policy that when users use Infura as the default RPC in MetaMask, the corresponding IP address and ETH address will be collected when users send transactions.
This statement may have a negative impact on MetaMask's reputation. But later, ConsenSys founder Joseph Lubin explained that MetaMask does not collect IP addresses, but in order to process requests from MetaMask, Infura needs to know the IP address and blockchain address of the device sending the request. Almost all types of Web3 dApps use RPC services, and they need this data to serve users. There are currently few alternatives available, and the solution is to decentralize the RPC provider. Infura will not use this data.
Although the "privacy data" incident has been settled, it may encourage other encrypted decentralized wallets to gain more users.
Recently, many newcomers said that they don’t know how to choose coins when entering the market. Let’s talk about it publicly here.
If you want to make a long-term investment, it is recommended to adopt the leading strategy and choose two or three stocks in each track, such as:
The public chains are SOL and Avax
For DEX, choose UNI, RUNEicon, and DYDX
For the RWA track, choose MKR and SNX
For the gamefi track, choose imx and gala
Select TAO and RNDR in the AI track
BRC20 track selects ordi and sats
Large capital should be deployed on mainstream coins as much as possible, small capital should be dispersed to the leading stocks in various tracks, and liquid capital can be used to chase market hot spots, do short-term trading or rush into doge and meme.
