Hey, crypto friends! On the eve of Christmas, the market continues in "panic mode" — the total market cap shrinks to 3.06T, BTC dominance at 58.5%, the Fear & Greed index stuck in the "extreme fear" ice cave at 24-29, BTC swaying between 87K-88K like a drunken Santa, ready to stumble again at any moment 😵💫. Option expiration pressure + small ETF outflows + low trading volume during the holidays, the air is full of FUD.
Today's research focus is on AR (Arweave) — this hardcore player in the "permanent storage" track, currently oscillating in the price range of 3.6-4.2 USD, down 2-3% in 24h, and over 10% decline in 7 days, completely getting beaten along with the market. But! Recently, there have been major moves in the ecosystem: on December 18, the "Sixth Entity" AI agent was just launched, and the AO calculation layer mainnet is about to go live (February 2025), the narrative of AI + permanent storage is fermenting, like hidden gifts under the Christmas tree ✨.
Contract recommendation: Long AR!
• Technical aspect: The daily chart forms a descending wedge, ready to break upwards at any time, aiming first for 5-6 USD, then pushing for 8-10 USD (mid-term 10x potential is not a dream).
• Fundamental aspect: DePin + AI dual narrative, AO mainnet + ecosystem explosion imminent, current price is severely undervalued, like colored lights buried in snow, ready to dazzle as soon as the bull market blows 🚀.
• Play suggestion: Use 5-10x leverage to go long, entry point 3.8-4.2 USD, stop loss at 3.2 USD, target prices 5.5 / 7.0 / 10.0. Don't go all in, control your position!
Go short on BTC (continuing the previous thought)! 87K + high position, option put pressure is huge + whale selling + macro risk aversion sentiment, the probability of a short-term pullback to 85K or even 82K is quite high, like an uncle at a Christmas party who drinks too much and is about to "wow" it all out 😂. Leverage should not exceed 5x, play small positions.
Crypto Christmas Iron Rule: When others panic, I research; when others are greedy, I lay in ambush! If AR's AI + storage narrative takes off, it could be the next DePin dark horse. Purely my humorous brainwave + research sharing tonight, DYOR! If you laughed, give a thumbs up + follow, I’ll continue to share treats + market rants next time. Who knows, maybe your Christmas wish is for AR to take you to the moon 🎄🌕
