#BTC再次刷新历史高点
The big pancake breaks new highs, is a huge pump coming?
The MEME on the SOL chain experienced a significant pullback yesterday, which is actually within expectations.
After all, too many people became rich by leveraging MEME.
Yesterday, Vitalik publicly supported the MEME hippo on the Ethereum chain. The MEME on the BNB chain also showed some movement.
As of now, the MEME on the SOL chain still has the most profit potential. However, whether other public chains will rotate in the future still depends on the market's response.
Currently, the news in the cryptocurrency market revolves almost entirely around on-chain MEME, such as A16z founder Eliza, Intel's blunder yesterday, and today's launch of MEME on the UPBIT KRW market. In short, everything is closely related to MEME.
Whether you admit it or not, the reality is that we are currently in a bull market for MEME and Bitcoin, with little correlation to others.
On November 19, Bitcoin ETF had a net inflow of 816 million, while Ethereum ETF had a net outflow of 81.3 million. From a market analysis perspective, Bitcoin indeed had a surge as expected yesterday, mainly due to the substantial inflow from ETFs that activated the market.
However, it failed to break through 95,000 and was quickly suppressed, likely leading to a significant divergence.
Old Li believes that the current bullish momentum is far from what it used to be, having been stuck at this price level for a long time. The first main upward wave on the daily chart is likely nearing its end, and it's time for a pullback, a pullback at the 4-hour level is inevitable.
SOL has also started to pull back, failing to break through 250. If this pullback happens, then the next attempt to reach 260 will be effortless, and it may even directly aim for 300. As for altcoins: the overall performance of altcoins today is mediocre.
RENDER (RNDR) has shown strong momentum recently, nearly doubling from the bottom, with 9U being its resistance level. The newly listed LUMIA on Binance suddenly surged today, having previously fallen for more than a month, and now suddenly increasing in volume can be considered for follow-up.
If you want to catch this bull market, learning and selling on the spot will definitely be too late. It’s best to have someone guide you quickly.
I am Old Li, welcome to communicate!