🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht
Will 2025 Mark the Beginning of the Next Cryptocurrency Bull Run?
Market Perspectives
The cryptocurrency markets have experienced notable corrections this week, with most sectors finding support at key levels. Bitcoin has stabilized around $96,000 after failing to break through the $100,000 mark due to significant profit-taking. However, institutional and retail accumulation has maintained its higher price levels.
● Bitcoin has struggled to maintain prices near $96,000 after being unable to surpass $100,000 due to substantial profit-taking. Nevertheless, institutional and retail accumulation has kept it at elevated levels.
● Ethereum has shown more bearish momentum this week, falling below $3,400 and failing to reclaim the $3,500 level since. This could signal further downside movement. Despite current pressure, analysts remain optimistic about Ethereum reaching $10,000 in 2025.
● XRP has emerged as a leading candidate for revival in January 2025. After refusing to drop below $2.1, it has formed a multi-year chart breakout pattern that could drive its price to $30.
● Memecoin markets continue to undergo significant corrections. All major memecoins have lost at least 5% of their value in the past 24 hours.
● With panic from macroeconomic factors subsiding, market attention has shifted to regulatory developments that could provide relief to cryptocurrency markets.
● This Friday, 44% of global cryptocurrency derivatives contracts are set to expire, potentially pushing Bitcoin to the $85,000 level over the weekend.
Cryptocurrency Market Capitalization: Key Players and Influencers
The global cryptocurrency market capitalization has consolidated at $3.4 trillion after dropping to $3.31 trillion earlier this week.
Amid market selling pressure, Bitcoin has demonstrated resilience during this correction, consequently increasing its market dominance to 56.8% compared to Ethereum's 12.2%.
The altcoin season index has fallen to 49, a level that stands in stark contrast to its recent peak of 87 earlier this month.
Market Sentiment
The cryptocurrency fear and greed index has declined to 54 from 62 last week and 85 last month. If markets continue to correct, this metric could enter bearish territory this weekend.
Market Surveillance
Solana Price Forecast 2025: ETF Approval Could Push SOL to $1,000
● Short-term projections indicate Solana could reach $300 by mid-2025
● By the end of 2025, Solana could achieve $1,000 if its ETF receives approval
● Long-term analysis suggests Solana will surpass $4,000 based on strong fundamentals
● However, SOL needs to quickly diversify beyond its current dependence on memecoin activity
Dogecoin Prepared for 12,000% Rally? Leading Analyst Predicts Parabolic Movement as 2025 Approaches
● Dogecoin has repeated a super chart pattern from 2017 and 2021
● Analyst Ali Martinez has established parallels between the three charts and predicted a super rally is brewing
● DOGE gained 440% in 2024 following Donald Trump's historic victory
● The next rally could position DOGE between $15 and $36
● However, given the current cryptocurrency market downturn, DOGE's super rally appears challenging at present
Where Is the Cryptocurrency Market Headed in 2025?
● After reaching $100,000, Bitcoin now targets a $250,000 objective
● Ethereum could overcome its current undervaluation and reach $15,000 in 2025
● Based on strong adoption in cross-border payments and RWAs, XRP could soon achieve $5 price targets
● Solana aims for $1,000 as its next major milestone, supported by robust user activity and high network speeds
● Chainlink could soon reach a new all-time high above $53
● Analysts project DOGE reaching $36 by the end of 2025 as historical charts repeat patterns
● Shiba Inu could also drop a zero and reach $0.0001 levels in 2025