Today’s headline is “The rebound continues to be short”, which is a clear point of view, mainly based on the following two reasons:

BTC

The fourth wave of this year's rebound has ended, and the correction trend has begun. This process may last for a long time. It has been mentioned in the program last Thursday that this adjustment will fall below the key support point. Previously, BTC's first correction was a rebound at the lifeline of the daily line, and the second time was a rebound at the lifeline of the weekly line. This time it is expected to pull back to the lifeline position of the monthly line. At the lifeline position of the monthly line, there will be the best ambush opportunity of the year.

In addition, it should be noted that this callback is not limited to digital currencies, but also many global financial products including US stocks will experience baptism. The US stock market has fallen below the lifeline position on the weekly chart, and the trend will not change in the short term. This is a very scary signal.

In this market, please take every chip in your hand seriously and don't go against the trend. It's not easy to make money. Don't easily buy the bottom when the trend is pulled back. Now is just the beginning of the pullback.

At present, there must be many people who are trapped and need some objective views and ideas to guide the next step of operation. Tomorrow, Yiming will live broadcast online to answer questions for everyone, solve the current difficulties, and share some personal views. Those who are interested can prepare in advance.

3 altcoins with the potential to explode 100 times, are you waiting for them?

1.ICP

Internet Computer has attracted a lot of interest from the cryptocurrency community due to its unique approach to decentralization. Despite recent market challenges, the token has continued to show a positive trend, with a small increase of 0.7% in value over the past day and an increase of 18.69% this month.

Over the past six months, ICP has performed well, appreciating 152.78%. The 14-day relative strength index (RSI) is 37.67, which indicates that the market sentiment is neutral and sideways movement is likely in the short term. Technically, ICP is in a correction phase after the recent gains.

Moreover, a breakout above the immediate resistance at $11.84 could signal a return of bullish momentum. ICP is trading 4.61% above its 200-day simple moving average (SMA) of $9.52.

ICP has performed well compared to its token sale price and has high liquidity based on its market cap. Analysts predict further growth for ICP this year. The average price is expected to be around $20.02, and if the current growth trajectory continues, the maximum price could reach $25.17.

2. YUP

Jupiter price continues to trade with bullish sentiment, with a 13.18% increase in its portfolio over the past day with a trading volume of $167.627 million. Moreover, it is up 11.71% over the past seven days and 48.04% since inception.

The Relative Strength Index (RSI) is showing a bullish convergence with its average trendline and is showing a sharp rise towards the overbought range on the Jupiter price chart. This suggests that the JUP price will continue to rise towards the end of this week.

If the bulls push the JUP token price above the $1.160 resistance, the altcoin will be ready to test its maximum at $1.4950 in the coming period.

3.STX

The price of STX is currently at $1.9, and the market is bullish, but it is currently failing to materialize. The altcoin has seen significant growth over the past three weeks, making it a good investment choice.

The Sharpe ratio suggests that STX is a good choice to add to a portfolio right now. This metric measures risk-adjusted returns and suggests that the asset is performing well relative to its volatility.

However, there are signs that STX may be approaching saturation. As investments mature, the likelihood of achieving decent returns may diminish, suggesting that investors should remain cautious.

Another important indicator is the Relative Strength Index ( RSI ), which remains in positive territory. This is a bullish sign, suggesting that STX still has some upward momentum.