Seize the opportunity to break new records!
At 3 a.m., Bitcoin once again set a new record, reaching $77,190. After breaking through the new high, everyone asked, what will happen next? With the "King of Understanding" successfully cutting interest rates again, Bitcoin has set new highs three times in just three days, and even CCTV News reported it. It is not ruled out that newcomers will start to enter the market after seeing the news.
Now, Bitcoin has entered the "no man's land" with no obvious resistance. Will it continue to move forward or stop and wait? Let's take a look at the gains of Bitcoin, Ethereum and Solana from the day before the election to now, which are 13%, 24% and 31% respectively. Obviously, Bitcoin's rise has slowed down slightly. On the one hand, it is not easy to pull up its market value because of its huge market value; on the other hand, it may also be "slowing down and waiting for others", waiting for the second-largest Ethereum to catch up, and then usher in a wave of "copycat season".
Ethereum has lived up to expectations and continued to make progress. No one has seen the current height of Bitcoin, and it is even more impossible to accurately predict how far it will go next. I personally think that Bitcoin will most likely take advantage of the trend and reach 80,000 within the month. As for the opportunities of altcoins, we may have to wait a few more months until the interest rate cut flows into the currency circle and then the "King of Understanding" officially takes office in January next year. Even so, not all altcoins will explode, only some high-quality projects have the opportunity. So friends on the bus, be sure to sit tight!
Back to today's market analysis: From the K-line, $BTC shows a decline at the 1-hour level, and the 4-hour level is about to confirm the decline (all indicators show a dead cross), while the 12-hour and daily levels are still rising. The intraday pressure level is $78,000 and the support level is $74,600.
In terms of cottage
DOGE is a currency that was born in 2013 and has experienced multiple bull markets!
There is no doubt that as the originator of Meme coins and the only Meme coin with a POW mining mechanism, DOGE will continue to surge in the future.
The recent surge in Dogecoin is indeed closely related to Musk! He is not only a loyal "fan" of Dogecoin, but also supports Trump's campaign.
So, can Dogecoin really take advantage of the momentum to soar? From a technical perspective, Dogecoin's momentum is indeed strong. Its relative strength index has reached 70, showing a clear upward trend. At the same time, Dogecoin's 30-day moving average and 200-day moving average have just formed a "golden cross", which is an important technical breakthrough signal and may indicate subsequent gains.
TOGA is indeed very popular recently, and many people are shouting
But in fact, this kind of coin has great risks, and it is basically using the market value expectations of GOAT to stir up emotions.
I don't think it will rise too high. Making money by hyping up emotions is often accompanied by great risks. It looks lively, but in fact, you may only earn a few dozen points by following TOGA, and you have to be on guard against sudden plunges at all times.
In contrast, isn't it better to speculate on the callback of some hot coins? Those unpopular and newly emerging projects are more profitable. Just like in the meme group, GOAT, which was bought at around 5, rose to 8 at the highest, and LUCE, which was bought at around 3, rose to 86 at the highest. Isn't this kind of income and sense of security more secure than following the traffic?
The super cycle is here, and the key to success is choosing the right alternatives
As a new round of bull market begins, you will see 50-100x projects everywhere in the final stage.
The right choice is more important than hard work, and just $100 can turn into $100,000.
Here is my list of 3 alt coins with 100x potential.
RAY ➜ RaydiumProtocol | Decentralized Exchange (DEX)
▶ Market value: $1.27 billion
▶ Fully diluted valuation (FDV): $2.69 billion
▶ Circulation rate: 47.54%
Raydium is an automated market maker (AMM) based on the Solana blockchain that provides users with a central limit order book, supports fast trading, liquidity sharing, and allows users to earn returns.
ENA ➜ ethena_labs | Decentralized Finance (DeFi)
▶ Market value: $1.47 billion
▶ Fully diluted valuation (FDV): $7.73 billion
▶ Circulation rate: 18.95%
Ethena (ENA) is a decentralized stablecoin protocol that provides synthetic dollar support for DeFi and Web3. It uses a delta hedging strategy to ensure stability, scalability, and censorship resistance. The protocol also has a governance token, ENA, which has great growth potential.
GRASS ➜ Getgrass_io | Decentralized Physical Infrastructure Network (DePIN)
▶ Market value: $655 million
▶ Fully diluted valuation (FDV): $2.66 billion
▶ Circulation rate: 24.33%
Grass is a decentralized oracle network that uses a unique consensus mechanism called “Proof of Connectivity” to verify the accuracy of data.
