The Bitcoin craze has not stopped. After breaking through $97,000 yesterday, its price directly reached $98,000 in the early morning of today, and reached $99,419 at around 3:30 pm, breaking the historical high again. It is only one step away from the $100,000 mark.
History will not repeat itself, but it is always surprisingly similar. The current BTC data is similar to the early days of the bull market in 2020.
The market situation at that time was roughly similar to that of today, and there was also the concept of Bitcoin sucking blood. Later on, it gradually faded, and the market basically fluctuated along with the ups and downs of Bitcoin. So now when I see Bitcoin sucking blood and all the coins sucked out are lying motionless, I don’t feel much about it. I can just wait and see.
Ethereum regains momentum, L2 rises
As Bitcoin is about to hit $100,000, the long-dormant Ethereum also saw a strong rise last night, rising 7.5% in three hours and reaching a high of $3,425 earlier.
Ethereum is rising, and all the coins are rising! You absolutely cannot miss these 4 altcoins that are about to explode 100 times!
MANTRA
MANTRA’s price has seen a significant surge recently. Over the past week, the price has surged by 118.15%. Over the past month, the price has increased by 145.44%. Notably, over the past six months, the price has surged by 458.96%. These sharp increases highlight the strong upward trend of the cryptocurrency.
Currently, MANTRA is trading in a range of $2.24 to $4.47. The nearest resistance is at $5.10 and the second resistance is at $6.35. On the downside, the nearest support is at $1.25. The 10-day simple moving average is $3.85 while the 100-day simple moving average is slightly lower at $3.67, suggesting that the stock will continue to grow over time.
Technical indicators show the Relative Strength Index (RSI) at 35.26 and the Stochastic at 6.87. The MACD level is -0.0645. These data suggest that the coin is not currently overbought, providing insight into market momentum and potential future moves.
ABOUT
Sui has captured the attention of investors as it surged 237.71% in the past six months. Its value has risen 70.48% in the past month and 12.71% in the last week. These ongoing upward trends suggest that the bullish momentum could continue if the current situation persists.
SUI is currently trading in the range of $3.09 to $3.90 and is approaching its nearest resistance at $4.23. A break above this could pave the way for the second resistance at $4.75. However, if the price fails to hold, it might test the support at $2.40 or $1.28. The 10-day and 100-day simple moving averages are around $3.72, which suggests stability.
Technical indicators are showing mixed signals. The Relative Strength Index (RSI) is at 39.86, suggesting that the SUI is not overbought and still has room to rise. The Stochastic Oscillator is at 28.75, which could hint at a possible trend reversal. The MACD level is -0.0173, suggesting mild bearish sentiment.
Considering these factors, SUI may consolidate in the short term, but it has the potential to rise if it breaks above key resistance. Traders should watch for a move above $4.63, which could signal further gains.
BABY
In the spring of 2023, PEPEcoin was shocked by its sudden explosive popularity, reaching a peak of $1.6 billion in market value, making early investors millionaires overnight. This phenomenon is also known as the beginning of "Memecoin Season 1", which has driven other memecoins through amazing ups and downs.
PEPE's roadmap includes listing on major exchanges and aiming for the goal of "meme occupation". Although its future remains uncertain, with the revenue from Bitcoin halving in 2024, the market generally expects that it may trigger a new growth bull market, which creates more potential growth space for PEPE.
In the dynamic and unpredictable cryptocurrency market, PEPE has successfully established itself as a memecoin to watch. Investors and analysts are closely watching to see if it can continue to reach new heights in the future and solidify its position in the memecoin space.
WIF
In the current market, meme coins have once again become the focus, and WIF has become a popular meme coin with its innovative design. Compared with classic meme coins such as Dogecoin or Shiba Inu, WIF not only delivers fresh ideas, but also shows unique appeal.
The potential of WIF is mainly reflected in its growing community and the viral spread of meme content. As more and more people share and participate in content related to "Dogwifhat", the token is rapidly gaining attention. The community's enthusiasm and participation have made WIF a controversial place in the field of meme coins.
In addition, WIF has received strong support from the Solana ecosystem, which provides an efficient and fast technical foundation. In the context of a market full of changes, WIF's unique positioning and pursuit of innovation have made it one of the potential tokens worthy of attention.
