"In the near future: Bitcoin and Ethereum will trigger a double peak bull market!"

The quality of decisions depends on the information you have and your ability to process it. - Ray Dalio, founder of Bridgewater Associates - Principles.

Bitcoin price successfully stabilizes above $100,000, rebounds after a slight correction, accompanied by a $1.1 billion liquidation. At the time of writing this article, the price of Bitcoin is $102,800. The current effective support level for Bitcoin is $100,700-$100,800. If it falls below this support range and continues to trade below this range, it will expose downside risks.

Despite the rise in prices, some investors remain cautious, leading some to prefer investing through these Bitcoin spot ETFs rather than directly purchasing Bitcoin, resulting in reduced market activity. Currently, Bitcoin spot ETFs hold over 1.1 million bitcoins, with BlackRock holding 524,000, and it is expected that BlackRock will continue to increase its Bitcoin holdings in the future. In addition, BlackRock has released a report suggesting investors allocate 1-2% of their investment portfolios to Bitcoin. This may drive the influx of funds into Bitcoin from wealth management companies and large pension funds. ----BlackRock is the world’s largest asset management company with assets under management of $11.5 trillion!

The holdings of the Ethereum spot ETF have significantly increased. Since its launch in July 2024, the total amount of Ethereum held by the US Ethereum spot ETF has increased from 3.095 million to 3.41 million. This continuous accumulation may have a significant impact on the Ethereum price, and strong buying pressure is expected to drive the price close to or exceed historical highs.

In the US stock market, due to the market frenzy triggered by President Trump’s election, US stock ETFs also experienced record-breaking inflows of funds in November.

Whales continue to buy Bitcoin. Smaller addresses (holding 100–1,000 BTC) have been actively accumulating since November, showing institutional investors’ interest. Short-term holders (STH) maintain buying intentions in market volatility, especially after the price breaks the all-time high.

“I have long been optimistic about Bitcoin, and I still believe that the United States will consider Bitcoin as a strategic reserve asset, especially after Trump’s policy announcement, which may lead to states including Texas and Florida independently establishing Bitcoin reserves.” ----It is expected that the price will continue to rise until 2025, and the current rise is seen as a start. I boldly speculate that the first quarter will see a dual peak bull market for Bitcoin and Ethereum, and the specific increase will definitely be much higher than it is now.

In addition, MicroStrategy (MSTR) announced that it will join the Nasdaq 100 Index on December 23, becoming one of the largest 100 companies by market capitalization. Joining this index means that its influence in the market will further expand. The Bitcoin it holds has now become an important part of its business strategy (the company holds over 400,000 bitcoins).

Some projects that are considered as old-school tokens, such as Hedera (HBAR) and Ripple (XRP), have shown signs of recovery through significant updates and business expansion, especially XRP which has been actively developing after winning the lawsuit against SEC. Despite the high risk of high concentration of holdings faced by many old coins, with the founding team controlling a large amount of circulating supply, which may lead to price manipulation, there are still many investment opportunities in the market. Go with the trend - investors need to carefully distinguish between projects that truly have practical utility and those that rely solely on speculation. Our team actively invests in and focuses on multiple potential targets, takes action when the time is right, and exits in a timely manner when risks are identified, in order to protect investment returns.

However, it is noteworthy that investors’ concerns about long-term inflation and depreciation of fiat currencies continue to intensify. Despite the historic highs in the prices of Bitcoin and gold, long-term US Treasury bond prices have fallen sharply, leading to a rise in yields. The rise in the yield of the US 10-year Treasury bond by nearly 20 basis points to 4.379% reflects market uncertainty about future economic conditions.

Note: All content represents the author’s personal views only, not investment advice, and should not be interpreted in any way as tax, accounting, legal, business, financial, or regulatory advice. Before making any investment decisions, you should seek independent legal and financial advice, including advice on tax consequences. BTC returns to critical position and rebounds in the crypto market after #纳斯达克100指数宣布纳入微策略 #.