Today, Bitcoin has rebounded above 98000, and the Americans' holiday is coming to an end. From last night to this morning's closing, the U.S. stock market, BTC, and MSTR have all performed well. There are only two days left in this week, so friends, enjoy the weekend holiday! Currently, liquidity is low, but Friday's sentiment is good. The only thing to watch out for is tomorrow night until Monday before the U.S. stock market opens.
The accumulation of chips above 98000 for Bitcoin is not very much. It only takes one emotional stimulus or good news for it to rise. Even if the sentiment is negative, it won't drop too deeply. The rebound trend is not one that suddenly pulls up a lot; the target for this wave is above 99500. If it breaks 99500, a large number of short positions will stop-loss, long positions will enter, and there will be whales offloading. This is the liquidity the market is looking for.
Market aspects
The primary market rises quickly and also corrects quickly: as the saying goes, the secondary market can at most let you take over, while the primary can lead to bankruptcy, meaning it can go to zero. Therefore, one must be cautious with the primary market since liquidity can be pulled at any time; just treat it with a speculative mindset!
Secondary spot: The past two days have also seen a general rise, with old coins starting to rebound. Dogecoin has been calling for reloading since it was at 0.3, and it is about to break through 0.4 here. Continue to hold, and Doge still aims to expand to 1 dollar!
You can take a look over the weekend, the entire market is gearing up, it's not too late to position yourself in coins you are optimistic about, the altcoin season will explode later, and the gains will leave you dizzy!
Many Trump-themed coins are still lacking a key breakthrough. After two days of confirmation today or tomorrow, investors can boldly enter the market and prepare for takeoff.
1.Dogecoin
Dogecoin is headed towards 0.4, indicating that all previous movements were just to set up this wave. This position can be considered a previous zone of dense trading, and if it goes above 0.4, new highs may be created. Reaching this point, achieving a historical new high won’t be difficult, and it will release all positions, continuing to create an unprecedented height!
2.babydoge
This coin has also corrected quite a bit, and it has already transitioned from a single-player to a verified one. It will need to leverage Doge's momentum, with the price just above the previous range; it can be noted!
3.maga
Trump concept, it is necessary to note that it is a single-player coin. When Trump won the election, the momentum instantly turned from rising to falling, leaving many participants buried. Recently it has started to stir again, likely to showcase something during Trump's presidency.