An inventory of recent market trends: In recent rounds of bull markets, BTC usually takes the lead, and then ETH takes over to lead the altcoin market. Eventually, the altcoins experience a crazy rise. At present, the super MeMe cycle market has high hopes for whether SOL can drive the rebound of altcoins and help everyone get out of the trap. Although ETH is currently performing relatively weakly, its exchange rate is close to its all-time low, and the daily chart shows a double bottom pattern, which may usher in a rebound at any time. From a cost-effective perspective, now is a good time to lay out. Key points of the current market:
1. Short-term prospects of BTC: Trump has said that Bitcoin is expected to become a foreign exchange reserve asset for countries around the world, and $100,000 may be just the starting point;
2. Short-term pressure and support: The current US$92,000 is the short-term pressure level. Once it is effectively broken through, there will be an opportunity to challenge new highs; and the US$86,000-85,000 area has formed a strong four-wave bottom, so you can consider buying spot in batches;
3. Current status of Dogecoin: The effect of Musk’s orders for Dogecoin has been significantly weakened, and a short-term rise is often followed by a rapid decline;
4. Dogecoin strategy: Following Musk’s tweets may bring short-term opportunities, but most Dogecoin projects are still focused on making money, so investment should be cautious;
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