BTC callback did not break 64,000, bargain hunting opportunities are looming! ETH and altcoins adjusted synchronously, May Day holiday investment strategy revealed
With the continued market volatility, digital currency investors have ushered in another critical moment of strategy adjustment. Today, BTC encountered resistance after rebounding to $64,000 and began to pull back, which is consistent with market expectations. Although it failed to break through the key resistance level of $64,000, the market has not completely reversed and there is still a possibility of continued decline.
However, for investors, every pullback may be an opportunity to buy the bottom. Especially in the current situation where there is no major negative news on the fundamentals, once BTC can stand firm at the support level of $62,000, the pullback cycle may end, and the market is expected to usher in a new upward trend. Therefore, for investors holding altcoins, it would be a wise choice to hold patiently and wait for the fundamental negatives to appear.
It is worth mentioning that RGB++, as a new protocol in the BTC ecosystem, has attracted much attention recently. Its move to open free casting has injected new vitality into the construction of the BTC ecosystem. At the same time, the GAS fee on the BTC chain has returned to normal levels, showing that the market is gradually returning to rationality. In addition, the slight rise of projects such as OTTER also provides investors with new investment opportunities.
As the European Cup approaches, the fan coin series has also become the focus of investors. Among them, PORTO, LAZIO, SANTOS and other currencies can be focused on and followed up as appropriate. These currencies may be sought after by the market during the event, bringing considerable returns to investors.
In today's market, the support level below BTC is in the range of US$61,500-62,000, and the resistance level above is in the range of US$64,000-65,000. The fluctuation range of ETH is between US$3,030-3,170. For investors, grasping these key points will help to formulate more accurate investment strategies.
In addition, today's rune market chain GAS has returned to normal, but the overall market liquidity is still poor. This means that the market is undergoing a deep cleansing to pave the way for future rising markets. Therefore, investors need to be patient and wait for further market reactions.
In terms of altcoins, SAGA, CKB, SLN, BSV and other currencies are still worth holding. These currencies have performed stably in the recent period and have good fundamental support.For investors, paying attention to the latest developments of these currencies will help seize investment opportunities.
In short, although the digital currency market is constantly fluctuating, investment opportunities also come with it. Investors need to maintain a calm and rational mindset, pay attention to market dynamics and fundamental information, and formulate appropriate investment strategies. In the upcoming May Day holiday, I wish you all a smooth investment and a happy holiday!
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