#January Market: Which Altcoins Are Worth Watching?

The time has come to 2025, and both BTC and Ethereum have been bullish for 24 years. Will BTC and Ethereum continue the Bull Market in 25 years and continue to reach new highs? What are their respective target prices?
First of all, it is certain that the Bull Market will continue. The cryptocurrency market has been in a Bull Market cycle for 25 years. BTC and Ethereum will continue to reach new highs. The target price for BTC this year is around 150,000, and for Ethereum it is around 6,000. These are the target prices before the end of this year, which is a bit long-term.
How did BTC and Ethereum perform in January?
January is a month of correction and bottom exploration. Bitcoin and Ethereum will not break out of the upward trend in January.
1. First, let's analyze the BTC daily chart:
Daily line
A wave: a1 from 108300 to 92200, a2 from 92200 to 100000, a3 from 100000 to 91500.
b wave: the rebound from 91500 to 99000 is the b wave (currently running)
C wave: from 99000 to 87000-89000 (it will end by the end of January, with a high probability of this range being the low point, suitable for getting on board)
The above is the Elliott Wave Theory analysis of the current daily market. Now let's take a look at the trend of BTC from the 3-day chart:
3-day moving average trend
We can see the 3-day moving average line, after the MACD death cross, return to the 0 axis, does not support the current new high, and will continue to pull back next.
3-day Bollinger Bands
The 3-day Bollinger Bands lower band is near 85000, and it will rise later. It is expected to reach around 87000 next week, and the 3-day lower band is also the target for the pullback.
The most important trend line for BTC is the 20-day line, which is currently turning downwards. Although it is currently above, whether it can stay stable in the next few days is questionable. If it continues to flatten and turns upwards, and stays stable, it will be the period of upward trend.
Let's take a look at the BTC weekly chart again:
BTC weekly line
BTC's weekly chart rose from the end of October to mid-December, with a 10-week uptrend on the weekly level. Therefore, the adjustment that started at 108,000 in mid-December will not be enough in 3 weeks time-wise and will continue to pull back for at least 5 weeks. If it takes 7 weeks, then the bottoming out will be completed by the end of this month.
2. Let's take another look at the daily trend of Ethereum:
Ethereum daily
Ethereum daily chart wave A falls: 1000 points from 4100-3100
B-wave rebound: Rebound of 575 points from 3100 to 3675
c-wave decline: 3675-2950 to around 3050
Ethereum 3-day line:
3-day moving average
The lower rail of the Ethereum 3-day Bollinger Bands is at 2950, which is the target of this pullback, similar to the overall trend of BTC.
Summary:
1. In January, BTC will be a month of correction, and it will complete the bottoming action. Before the end of January, it will retrace to 87000-89000, which is a very good opportunity to get on board. It will start to surge in February, and will reach 120,000-150,000 by the end of April.
2. Ethereum will retest below 3100 by the end of January, which is a good entry point.
3. In a bull market, do not be bearish, try to buy at a lower price later, and do not use too much leverage. Only by being alive for a long time can you survive in the currency circle.