The last train to spring?
Bitcoin rebounded as scheduled after completing the second test yesterday, reaching a high of 99,488, very close to the rebound peak of 99,540 on the 21st. However, compared to the trading volume during the decline from the 19th to the 20th, the trading volume during this rebound is still relatively small, and the rebound is too steep, lacking sustainability; yesterday, the four indicative Bitcoin spot ETFs, FBTC, ARKB, BITB, and BTC, had a total net outflow of $149.7 million, and Bitcoin ETFs continued to sell off on a large scale.
Considering there are a large number of trapped positions between 100,000 and 103,000, the probability of Bitcoin breaking upward in such a market environment is relatively low, entering a consolidation phase, but as long as it does not fall below 97,000, it can continue to be bullish! Short-term resistance for Bitcoin: 103,000, short-term support: 97,000.
Are you anxious when it falls and anxious when it rises?
Are you afraid of rebounds when it falls, and afraid of missing out on the coins that rise the most when it goes up? Looking at recently popular coins like Zen, LPT, FTT, etc., we were all early entrants, tracking real-time market conditions, and those who entered later also made profits!
When the market starts, the most important thing is to hold your leading assets, just like LPT during previous rebounds; the trend wasn't too strong. I was analyzing and tracking in the group in real-time, encouraging people to hold on; later articles on the public account also mentioned it. Those who listened have already become wealthy, as Grayscale surged 30% in one day. Coins like CRV that were strong yesterday might be weak today, and those that were average yesterday might be very strong today; it’s all about rotational increases. Good coins only need to be held onto; looking back, they double, but if you keep switching back and forth, you end up earning little, and a downturn hits you directly with losses.
Now the altcoins have already been oversold in advance, and the bottom has formed.
No matter what, the fluctuations in these weeks will be the last opportunity to get on board. I am very optimistic about the performance of altcoins in 2025. Led by the elder brother of altcoins, Ethereum (ETH), it is charging forward with a group of younger brothers, and Ethereum's trend is even more stable than Bitcoin. Meanwhile, the Trump family's WLFI project also bottomed out on ETH during the weekend's crash, and I heard that institutional ETFs made significant purchases last night. So I think this pullback is your last chance to get on board because it will rise to 8,000 in three months, and you must seize this opportunity!
Moreover, Musk being 'elevated to death' might lead to something happening.
Because the recent decline in US stocks and the crypto market, aside from Powell, can also be attributed to several factors related to Musk. Last week, you know the US government almost shut down, right? The reason is that old Musk is governing via Twitter, directly using public opinion to reject the government budget, almost causing a government shutdown.
Some officials even claim that Musk has become the shadow president. There are even talks of supporting him to become the speaker; I think those who say this may not really support Musk but are trying to elevate him to the point of downfall. Currently, he is being investigated by the military, but I don’t think anything serious will come of it. However, with Musk constantly pointing out issues, I truly feel a bit anxious for him.
Next, the entire market will enter a trend of new coins, meaning the market for coins that have recently gone live, so prepare to layout potential coins in advance:
cow:
This is a Trump-themed coin that is willing to rise and fall boldly; such coins are usually hyped until Teacher Te comes online. The current price has already exceeded the 0.9 I mentioned yesterday, directly breaking through 1.0, no need to say anything else, just one word!
move:
The price has stabilized above the opening price for 6 days, and this position is very secure. If the price breaks through the previous new high, it will be even more promising. In the short term, this is their time to act without restraint, and with no selling pressure, it is the right time to release the appropriate energy!
PENGU:
Fat Penguin Coin, which was mentioned a few days ago, was basically at the lowest point that day, and it has already risen. It still has speculative space in the short term.
