Old coins are rampant! This weekend has seen various explosions.
Looking at this trading volume ranking, $DOGE even occupies the first place in trading volume!
Bitcoin is second... and then $XLM $XRP also has a place... this is abnormal.
So in the end, Bitcoin stepped in to stop all of this, ultimately focusing on the four-hour key support at 95600. If this level holds, it will repeatedly surge to 100k USD.
Other altcoins are still oscillating; I observe that each altcoin still has room to clear 5x leverage, so leverage still needs to be approached with caution.
Don’t move too wildly in the spot market; the fluctuations on weekend nights will gradually amplify, compounded by the recent 2-3 days of weakness in the US market. Even if Bitcoin consolidates to digest potential selling pressure, it will take some time. Stay patient!
Have a great weekend!