BTC: Yesterday, the price of Bitcoin was in a stage of oscillation and downward movement. It rose to the highest point of 67222 in the early morning yesterday and then started a slow downward trend. However, it is still in a very stable state as a whole. It is in a stage of oscillation and repair. This stage will last for about 2-3 days. After the oscillation and repair stage, it will start to rise straightly. Let's prepare for the second spring of Bitcoin! This straight rise will be more violent and faster than the previous one.

News: Bitcoin buying patterns have undergone a clear trend change. Small retail investors have been net buyers for 60 consecutive days, and addresses holding more than 100 have become net sellers (after 90 days of massive accumulation). Brothers, both retail investors and institutions are frantically buying chips, so what are you waiting for? The current stage is very simple, just go long boldly and stock up on spot! The current bull market is just the beginning of the bull market, and the crazy bull market behind it is the real enjoyment.

Regarding altcoins: the overall trend of altcoins is still bullish. The recent rise is mainly in old coins, while the performance of new coins is relatively flat. The reason is that new coins are usually hot when they first open, and there is a mismatch between market value and trading volume, resulting in a large number of retail investors and large trading volume, which is not conducive to pulling the market. The liquidity of old coins is relatively light and they are prone to rise. At this time, how to choose excellent altcoins becomes a necessary factor.

Recommend 4 cryptocurrencies with 100x potential!

1. XRP

Ripple is the base currency of the Ripple network. It can circulate in the entire Ripple network. The total amount is 100 billion, and it will gradually decrease with the increase of transactions. The operating company of Ripple is Ripple Labs (formerly OpenCoin). XRP has been basically marginalized in this bull market, but analysts believe that its time will come in the upcoming alt season.

Now is the last chance to buy XRP before it explodes in the coming months. Crypto whales have this view. When XRP corrected from $0.62 to $0.41 (mainly due to macroeconomic risks and the Israel-Iran conflict), whales accumulated more than 31 million XRP tokens in the past week.

As a result, XRP is still 83% below its previous all-time high. A new buyer could still earn over 6x return on investment if it only reaches its previous peak. However, like other large-cap altcoins, the coin is expected to surpass its ATH by a wide margin.

2. GIVE

Jupiter is a DeFi protocol on the Solana ecosystem that provides aggregated trading, limit order trading, fixed investment tools, cross-chain protocol comparison tools, and perpetual contract trading. Jupiter (JUP) has shown substantial growth over the past six months, with a staggering 3871.67% increase. Over the past week, the token has risen by 18.86%, while it has risen slightly by 2.13% over the past month. This trend indicates an impulsive breakout, breaking through the moving average, with the current support level at $0.77 and the resistance level at $1.41.

Looking ahead, JUP has strong momentum and if this continues, the next target could be $1.73; however, a deeper decline could retest the $0.45 support level. Since JUP’s relative strength index (RSI) is close to neutral levels and the stochastic readings are high, a pullback is likely before further gains. Optimism is warranted, but caution is advised when evaluating the market’s next move.

3. WIF

Dogwifhat (WIF) is a meme token on the Solana network. The price of Dogwifhat has increased by 11.20% in a week. In a month, it has increased by 34.13%. If we look back six months, it has increased significantly: 136.80%. The price now ranges between $2.38 and $3.34. Based on these changes, the price seems to be changing rapidly or increasing significantly.

Given WIF’s current trend, it may soon reach the near resistance level of $3.76. But after that, it may be difficult to continue higher, with $4.72 being the next major hurdle. The price may also fall, with $1.83 providing some help. If it continues to fall, then the next level that could be broken is $0.87. The volatile market sentiment means that WIF can expect profits or losses.

4. SMEs

Immutable X is a second-layer scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant transactions, massive scalability, and zero transaction fees, sharing the same level of security as the Ethereum mainnet. Immutable X is developed using StarkWare's STARK prover and rollup technology.

Immutable (IMX) has seen massive growth over the past year, climbing over 96%. The cryptocurrency is down about 22% in a month, including a 14% drop in the past seven days. However, it is up 6.34% in the past 24 hours at press time. Despite the recent slide, IMX is also showing positive signs. Both its market cap and trading volume are on the rise, hinting that its value could soon rise. Currently, each token is trading between $2.05 and $2.68, with a market cap of nearly $3 billion. Analysts predict that its value will soon soar. Additionally, the token is highly liquid, with a volume-to-market cap ratio of 0.0361. This means there is enough trading activity to support further growth.

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The article ends here. I will do a more detailed analysis in the skirt. If you want to enter my circle, please pay attention to the work number (crypto pony) directly. I will reply in time~