image using ai.
Also the market seems very odd and typical low volume weeks before end of year but now I think I'm back to my desk and time to stand up with an even more strong mindset for the next year.
I just checked the market and sentiments look horrible everywhere, people are already afraid that next year is going to be a bear season and the 1 month candle on bitcoin looks horrible indicating worse is to come yet.
Fireworks in the Market on New Year
People are losing their conviction and are already selling Alts to stay on the safe side ever since BlackRock had a negative outflow on bitcoin
People are scared that BlackRock is going to dump on them, saylor bids are stopped also so bitcoin is running out of buying powder.
I believe we're good as long as bitcoin is bouncing off $92k and not losing that support - the bounce were going to see next month is going to be the beginning of parabolic bull run.
Volume is missing on these days but buyers are still out there defending the line. Only need to avoid any drama on the first week of the year and from there we'll see aggressive buyers.
Bitcoin above $110k at time of trump inauguration
My expectations is that bitcoin will be trading above $110k when trump is in office on 20th January, there's few narratives building up for the next big rally
And it includes:
- Bitcoin beta
- Hype (hyperliquid)
- ETH running up giving altcoins szn hope for the 69th time
- SOL memes frenzy
But the biggest of all is going to be "trump buying our coins aka World liberty finance coins are going to pump hard
WLF has invested in $ENA, $ONDO two leaders of different narrative one is leading Eth, one is RWA with BlackRock hyped
DCA every day till trump inauguration on these coins
My strategy for the first month of new year is going to be simple and that is buying strength, avoiding dogshit like weak coins with no narrative
Like I said before, don't make things complicated since you've been given time to accumulate
- Ena
As it is reaching one strong trend line I think it'll continue another leg up from here when things become interesting in the market again
Other Altcoins have crashed about 60% or more meanwhile ENA is one of those coins that didn't flinched during that crash and it's the strength I'm interested in doing dollar cost average.
There's no second Best
Trying to find a chart that looks better than ondo in market but there's not many out there, was interested in USUAL but sticking to this instead
Ideal buy would be from 100ema if we see one more nuke in altcoins, it's possible we'll get a chance
Other than that this looks prime to cook and make new all time highs in next year on the first month.
I want to see it above $2 by the time trump is in and people are talking about BlackRock, bitcoin reserve.
Wrapping Up...
In the end you know the alpha now and all I hope that we all get a chance to leave first good impressions in the beginning of the year to gain the momentum and confidence we need.
I'd love to know what you're buying from market other than Hive and what's your plan? Do share your thoughts in the comments.
Posted Using InLeo Alpha
