I heard that this coin is about to break the previous bull market's high, and many people may have overlooked this established variety, still immersed in the pain of missing out on the gains of the top two, unable to extricate themselves. Yesterday, Ripple, also known as $XRP, achieved a nearly 20% increase in just one day, jumping to become the 5th largest in the entire crypto market, surpassing BNB and Dogecoin, and performing the best among the top ten so far, without exception.
Its increase this month has already reached 270%, and just now it also broke through the resistance level of the previous high, reaching above 1.8. I called on everyone to get on board around 1.3 during the pullback a few days ago. The long-established Ripple has risen, what does this indicate? The explosion of altcoins is getting closer.
So which sectors will be the first to be speculated? I will share some personal views, remember to like, follow, and save. I believe the first is still MEME, whether it's new projects like $bonk or Shiba Inu that have reached historical highs, or old ones like Pepe or Shitcoin which have also seen good increases, I suggest paying attention to the new meme projects that are already on major exchanges.
Secondly, AI. Recently, AI-related altcoins have been gaining strength, and the AI sector can also combine with other sectors, such as AI plus MEME.
Then there’s public chains, which have never been absent in the main upward wave of every bull market, such as Solana $SOL, Sui $SUI, etc. These three sectors are currently quite popular, and I also suggest that everyone manage their portfolio and find the right timing to enter the market.
Returning to today's daily $BTC market analysis: From the K-line perspective, the hourly level is down, the four-hour level is about to decline, the twelve-hour level is sideways, and the daily level is biased upwards. The intraday resistance level is 98800, and the support level is 94700 dollars.