Good afternoon, brothers, what's going on? Why is Bitcoin still rising, and why is the altcoin still falling? Bitcoin is setting new highs every day, but instead of celebrating the rise of Bitcoin, the major groups are cursing the altcoins, with Ethereum being the most criticized.
The new investors who entered the market this time and have all their warehouses in copycats are probably cursing their mouths out. The big pie changes every day, and so do the copycats. Some copycats are even experiencing a weekly correction. Do you dare to believe that this is a bull market?
Since the last round of bull market, when institutions such as Grayscale, a16z, and Wall Street entered the market, the cryptocurrency world has risen to a higher level. This time, top institutions such as BlackRock and celebrities/political figures such as Musk and Trump entered the market to call for orders for Bitcoin. At this time, Bitcoin no longer belongs to the cryptocurrency world. Bitcoin may not belong to the cryptocurrency world, but the cryptocurrency world cannot be without Bitcoin!
All institutions only have eyes for Bitcoin. Even if Bitcoin falls, funds will not flow into other currencies. So once Bitcoin starts to pull back, the altcoins will be in a bloodbath. Don’t fantasize that funds can go to other altcoins if Bitcoin falls. Have altcoins risen when Bitcoin pulled back in the past?
Based on the current market conditions, I suggest that you read less articles about recharging faith. Articles about recharging faith are suitable for reading in a bear market or during a market crash. If you read them during a market rally, it will only make you more impulsive and more fomo-oriented. If you don’t run away in time, you will be trapped for several years!
Today's market analysis:
$BTC The big cake came down from the previous high last night, stepped on the white line and then rushed up again. It is now almost 9.7w. It depends on fate to go up further. Those who have long orders at the white line should set a moving stop loss for themselves!
If the market falls back today, please pay attention to the support levels below 95085-94110-93330! #BTC走势分析
$ETH After Ethereum broke through the second support level at night, it began to rebound at a small level. Pay attention to the position of 3100 today. The 4-hour closing line is not above this position, which means it can’t go up. If it falls, pay attention to the support level below near 3077-3052-3031!
If the market wants to go up, the 4-hour closing line must stand firmly above 3100. Only when it stands firmly above this position, the 4-hour level will start to rebound. Pay attention to the upper target/pressure level near 3135-3161-3186! #ETH走势分析
$SOL After SOL broke through the second support level at night, it began to rebound at a small level. Pay attention to the position of 237 today. The 4-hour closing line is not above this position, which means it can't go up. If it falls, pay attention to the support level below 233-229.5-226.5!
If the market wants to go up, the 4-hour closing line must stand firmly above 237. Only when it stands firmly above this position, the 4-hour level will the correction end and the market will start to move up. Pay attention to the upper target/pressure level near 240-244-248! #SOL走势分析
After BNB reached the third support level at night, it began to rebound at a small level. Pay attention to the 610 position for today’s small-level rebound. The 4-hour closing line is not above this position, which means it cannot go up. If it falls, pay attention to the support level below near 597.5-592.7-587!
If the market wants to go up, the 4-hour closing line must stand firmly above 610. Only when it stands firmly above this position can the 4-hour level start to rebound. Pay attention to the upper target/pressure level near 615.3-621-630! #BNB走势分析
After DOGE broke through the second support level at night, it began to rebound at a small level. Pay attention to the position of 0.386 today. The 4-hour level closing line is not above this position, which means it can't go up. If it falls, pay attention to the support level below 0.366-0.352-0.34!
If the market wants to go up, the 4-hour closing line must stand firmly above 0.386. Only when it stands firmly above this position, the 4-hour level will the correction end and the market will start to move up. The upper target/pressure level should pay attention to the positions around 0.396-0.407-0.42! #doge⚡
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