Uncovering 4 Major Potential Coins, the Next Wave of 20-100x Opportunities is Here!
This week's market focus:
1- Continuous ETF Inflows: If the inflow trend continues from last week, Bitcoin is expected to break the 100,000 mark!
2- Capital Draining Effect: If Bitcoin breaks 100,000, observe whether it drains funds from other coins. If a draining effect occurs, subsequent adjustments in Bitcoin may drive up the drained coins, causing sector rotation.
3- Layout of Resilient Coins: If Bitcoin retraces, pay attention to coins with smaller declines, as they may have capital support; consider laying out potential targets.
4- On-chain Rhythm Restart: The second half of last week saw a sluggish on-chain performance. This week, pay attention to whether strong projects (such as Big Golden Dog) can drive a new round of on-chain market!
Bitcoin experienced a small wave of retracement over the weekend, still maintaining a narrow range of fluctuations. Last night it retraced to around 96,000, only down less than 4 points from the highest point. Currently, the trend seems a bit weak, but there is no concern about a large-scale pullback.
Short-term focus on the 4-hour level; if it returns to around 96,000 again, it may drop to around 90,000 in the short term, but this kind of pullback is healthy, so don't be alarmed.
Dog Brother mentioned before that there won't be a large-scale pullback below 100,000.
Once Bitcoin's fluctuations and adjustments are over, and it truly breaks past 100,000, it will also mark the acceleration phase of this bull market. It will be the most FOMO phase when the retail investors rush in.
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