10x Research: It is expected to start the year on a good note, followed by a slight retreat before the release of CPI data on January 15th.

Odaily Planet Daily News According to 10x Research's market analysis, although some initial enthusiasm is expected at the beginning of the new year, it is not yet a time for bullish sentiment similar to late January to March or late September to mid-December 2024. It is expected that the year will start well and then experience a slight decline before the release of CPI data on January 15. Favorable inflation data may reignite optimism and lead to a rebound before Trump's inauguration on January 20. However, this momentum may weaken, and the market may experience a decline before the FOMC meeting on January 29. From January 2024 to mid-November, Bitcoin's dominance rose from 50% to 60%, posing significant resistance to the performance of altcoins. Although the dominance metric briefly dropped to 53% within three weeks (triggering hopes for the altcoin season), it quickly rebounded to nearly 58% and then stabilized around 55%. This consolidation highlights Bitcoin's enduring dominance as the primary driver of the crypto market, while also signaling potential challenges for altcoins unless the Bitcoin dominance metric falls again.

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GateUser-b15559d4vip
· 01-07 02:19
All in All in 🙌
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Wafufuvip
· 01-05 23:55
To Da Moon 🌕Buy the Dip 🤑WAGMI 💪Keep BUIDL🧐Diamond Hands 💎Don't FOMO/FUD 🙅BTC Halving to Moon 🚀
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