Macro Market:
Christmas has passed, US stocks will open tonight. The capital side has shrunk in the past few days, and the sentiment side has been suspended for three days. Pay attention to the fluctuations before and after the opening tonight. Gold has already started to rise, pay attention to the pressure of 2088. The US dollar index DXY continues to test the 102 support, and it is getting closer and closer to 24 years. Whether it is the ETF or the interest rate meeting expected next month, we analyzed the dot chart a few days ago. The public data shows that the overall trend in 24 years is stable and declining. Most of the points in 2024 are between 4.75-4.5. This is both a herd judgment and a probabilistic judgment.
Crypto Markets:
1. The overall idea of the market. Yesterday, we talked about not chasing shorts at support. Go long at 425 and choose the right side. Review the 15m structure, the changes in high and low points, or the upward movement of the resistance test and support. The market has stabilization signals. It goes without saying to go short near 438. This is the position of 0.618, which is also the method we emphasize the most. The appearance of pyr and hook this week was announced yesterday. Most of the orders given are medium and long-term. ETH's position has been the same this week. Even if it was shorted at 2300 yesterday, it would be a good return.
2. If you have carefully watched the early trading of BTC, you will know that I said yesterday that you should not be done with the market once it drops. It is still fluctuating in a range, which is in line with the platform adjustment. It is strong above 425, and it will find a new high when it stands at 438. The range is 4.05-4.44, and the structure is very simple. You can find a short-level entry in the range. Today, 438 will continue to be the pressure during the day, and 40068 will be defended. When it stands above, we will talk about new highs (as for how the position is obtained, it is the position of Fibonacci 618 that has been talked about the most recently, which is very standard) Reduce positions at 4.33. 4.3 4.25 The daily line has a pregnancy line, pay attention to the direction of the pregnancy line and the opening of the Bollinger band
Under the influence of high FOMO emotions, how can we objectively evaluate the true value of the inscription market and make calm investment decisions based on this?
The current inscription market is still in its early stages. Most of the popular ones are meme tokens and air coins. There are not many application scenarios for the time being, so you should be cautious in investing to avoid being cut off.
Personally, I still hold an objective attitude towards the current market. I suggest that everyone should look at more projects and not blindly fight. The liquidity of inscriptions is relatively poor, so if there is no community support, it will all end up being a bubble.
Many people compare the narrative logic of the inscription market to that of memes. In fact, the similarities between the inscription sector and the meme sector are that VCs have almost no say in these fields, and they are all dominated by long-tail investors and communities. The difference is that the inscription track is more technology-driven, especially after the rise of the concept of inscriptions, technical solutions such as Bitcoin Lightning Network, Stacks, RGB, Atomicals, and Layer2 expansion have risen again, making the value of inscriptions higher and higher.
When it comes to decision-making strategies, the first thing to look at is your personal financial situation, and the second thing to pay attention to is the time to leave the market. If your personal financial situation is good, you can do whatever you want, but many ordinary users have limited finances, so they need to pay attention to the time to leave the market to avoid being trapped. Especially at present, many inscription concept coins do not have actual value support, so treat it as a simple speculative behavior, set a position plan for yourself, and withdraw immediately after reaching the goal, or withdraw the principal first after making a profit.
A brief analysis of some tokens in the SOL ecosystem (recommended for collection): Pay close attention!!!
$SOL
Solana’s DEX trading volume exceeds that of Ethereum. It is currently a strong competitor of ETH, with an expected 3-5 times
$UN $MNDE
The largest liquidity staking projects on Solana are Marinade Finance and Jito. According to DefiLlama data, as of December 22, their TVLs were $1.05 billion and $626 million, respectively, making them the top two in the Solana ecosystem TVL.
$SILLY
What’s special about SILLY is that it meets the needs of both the East and the West for Meme—it hits the narrative of the Year of the Dragon, and is also full of narrative and community spirit. (Expected 5-10 times)
$Zero
It is an innovative protocol on Solana, with theme inscription + Ai + capability innovation
$NEON
EVM-compatible solution on Solana chain, NEON's FDV is relatively high (expected 3-5 times)
$CROWN $ATLAS
The game series on the Solana chain is compared with the market value of the game projects currently listed on Binance (expected to be 5-10 times)
$PYTH
Solana's Chainlink provides an Oracle solution for Solana DeFi applications. It is only a matter of time before it is listed on Coinbase or Binance spot.
Summarize:
Finally, you need to have strong execution capabilities and not be lazy. Once you have analyzed and determined something, you must act quickly and not be afraid of trouble. Improve your judgment and constantly verify the market. The amount can be increased gradually from small to large, and the success rate will increase over time. Repeat this cycle, and your investment will become smoother and smoother!
In terms of position management, you should try to make a small bet for a big gain, and do things quickly because even if you are wrong, you will not lose much money, and if you are right, it will be a big gain. On the contrary, you should control the risk when you try to make a big bet for a big gain. You should not go all in on any project except BTC. You should make allocations based on your own funds, and decide on short-term and long-term positions based on your own trading habits.
Investing in the state that makes you most comfortable can bring you the best returns and the best chance of achieving your goals. Finally, I wish all the fans who follow and like this post can achieve their desired targets in the next two years of bull market!
