Currently, Bitcoin is still in a high-level oscillation stage. Yesterday, it successfully broke through the pressure level of 68,000 and set a new high before starting to fall back slightly. As long as the key support level of 67,000 is not broken by the entity, the probability of hitting a new high again after consolidation is still very high. If it falls below 67,000, there may be a large-scale fall back to absorb funds.

At present, the market is full of FOMO sentiment, and everyone is looking forward to the 70,000 yuan pie. If Bitcoin breaks through 68,500 on the daily level and there is a real increase in volume, it is expected that the next wave will have a high probability of directly hitting above 70,000. Next, it depends on the market's volume and price coordination. If there is continuous liquidity injection, the price of the currency will continue to rise. Let time verify it! Ethereum's trend is weaker than Bitcoin. Although it also rose with Bitcoin last night, it soon fell back to around $2,600 and continued to fluctuate at this level. At present, Ethereum temporarily lacks the momentum for further breakthroughs, and its overall performance is relatively weak.

At present, altcoins are still in the accumulation stage, because everyone is waiting for Bitcoin to effectively break through and set new highs. Once Bitcoin breaks through, the market will enter a frenzy mode, and altcoins will usher in an explosion. Therefore, altcoins with high-quality potential tracks, wait for takeoff. In addition to meme coins, the selection of altcoins can focus on profitable projects, such as leading projects in the old DeFi, high-quality public chains, RWA (real asset tokenization), DePIN (decentralized Internet of Things) and other tracks. Recent data shows that Bitcoin spot ETFs have a net inflow of US$550 million, and Ethereum spot ETFs have a net inflow of US$17 million. Combined with last Friday's data and last night's ETF inflows, external capital inflows have stabilized. In other words, the macro environment is loosening, and funds are beginning to flow back into the market. It is recommended that investors who hold deep-covered coins must reduce their positions after recovering their capital in this round of highs. The market will not continue to rise. Even in a big bull market, there will be opportunities for a sharp drop. At the same time, there will always be opportunities to enter the market. There are bear market strategies for bear markets, and bull market gameplay for bull markets. The most important thing is to have your own clear trading logic. I read the comments today and would like to give a unified reply to the most inquired altcoins as to whether they can still be held at this stage!
MERL
Regarding MERL, I just finished talking about it last time and it caught up with the big correction. It followed the decline. Fortunately, I built a small position last time. The daily level has been fluctuating at the bottom for more than 4 months! It has the potential to explode. Don’t look at it now. It will rise later. Others have bottomed out, and you are chasing high. The long-term bottom oscillation has not fallen below the new low. It is obvious that there is capital to support the bottom, otherwise the price would have fallen more than before. It is recommended to consider building a position in moderation.

TIA has also talked about tia many times. TIA will be unlocked at the end of this month! Let's take a look at the bottom range of the daily level. It was a small pull a few days ago, but the bottom trading volume has not decreased. There are dealers sucking up the thick. You can look at your own space and choose to continue holding.

MUBIMubi is an unpopular small coin with poor liquidity. It is not recommended to participate unless you are good at selling. However, it does have some accumulation in small exchanges, and those who are stuck can hold on and wait for the rise.

As for Banana and SSV, I am also on board. They are good value coins. The current trend is stable and can be held in the medium and long term. The market value is less than 200 million. It is not recommended to chase the MEME tokens such as PEOPLE, PEPE, BOME, etc. that have exploded. If you still have positions, you can choose to continue holding them and take a look! If you don’t have any, don’t chase them at this stage. ENA, BB, RON, and ZK are similar in type. Although they have been listed on Binance, the bottom consolidation time is short. It is recommended to continue to wait and see.