I heard this coin is about to break the previous bull market high, and many people may have overlooked this old brand variety, still immersed in the pain of missing out on the top two, unable to extricate themselves. Yesterday, Ripple, also known as XRP, created a nearly 20% increase in just one day, jumping to become the 5th in the entire cryptocurrency market, surpassing BNB and Dogecoin, becoming the best performer among the top ten so far, without exception.
Its increase this month has reached 270%, and it just broke through the previous high resistance level, reaching above 1.8. I called for everyone to get on board around 1.3 a few days ago when it was adjusting, and the long-standing Ripple has risen again. What does this indicate? The explosion of altcoins is getting closer.
So which sectors will be the first to be speculated on? Let me share some personal views, remember to like, follow, and bookmark. I believe the first is still MEME, whether it's new ones like bonk or hat dog that have reached new historical highs, or older ones like Pepe or shitcoins that have also seen good increases, I suggest paying attention to new meme projects that have already gone to major exchanges.
Next is AI; recently, AI-related altcoins have been strengthening, and the AI sector can also combine with other sectors, such as AI plus MEME.
Then there are public chains; in every round of the bull market's main rising wave, public chains have basically never been absent, such as Solana (SOL), Waterdrop (SUI), etc. These three sectors are currently quite popular, and I also recommend that everyone do a good job in position allocation and management, and find the right timing to enter.
Back to today's daily BTC market analysis: From the K-line perspective, the 1-hour level is a downtrend, the 4-hour level is about to decline, the 12-hour level is sideways, and the daily level is biased upward. The intraday resistance level is 98800, and the support level is 94700 USD.