Good evening, everyone: In the next couple of days, watch Bitcoin lead the mainstream value and sector shorts, while altcoins should be considered for entry one to two weeks later. Many friends ask why Bitcoin is hitting new highs while altcoins are stagnant or even dropping. This is because most funds in the entire crypto market are in the hands of that 20% main force. Bitcoin and the mainstream value coins are their important chips. When Bitcoin rallies, funds flow back into it, causing altcoins to lose liquidity and drop. Therefore, only after Bitcoin’s rally can we expect altcoins to rise, a cycle of rotation.
Market Analysis:
$BTC Bitcoin starts the new week with a rise, directly breaking 106000, setting a new historical high. This week is a macro week, with the Federal Reserve's interest rate decision. Currently, the futures market shows a 99% expectation of a 25 basis point rate cut. The closer we get to the rate cut date, the more volatile the Bitcoin market becomes, driving prices higher. Bitcoin needs to hold the 104400 level, with resistance above at: 105800~106700~107800. If it cannot stabilize at 104400, expect a slight pullback, with key support levels below at: 102800~101500~100500, and the outlook remains bullish.
$ETH Ethereum is on the verge of breaking its historical high; it won't be long before the main force pushes above 4000 again. Trump has heavily invested in Ethereum, and he is leading the charge. The focus for Ethereum this wave is on the 3950 range; as long as it does not break below this level, the resistance above can be noted at: 4022~4091~4156. If it cannot hold the 3950 level, watch for a pullback, with support below at: 3873~3792 for buying opportunities.
$SOL Currently, the pattern has not broken the 4-hour downtrend line; it is building momentum, but there are already funds buying. The fluctuation range is 230~215. If it breaks above 230 without falling below the critical point of 224, watch for resistance above at: 231~246~259. If it cannot break above 224, the market will likely pull back, with key support below at: 215~203. If it dares to break below, consider building positions in batches.
$DOGE Dogecoin continues its trend of shrinking volume, struggling to break above 0.41, and will likely continue to look downward for a pullback. It needs to hold the 0.4 level, with resistance above at: 0.413~0.429~0.448. If it cannot hold the 0.40 level, watch for support below at: 0.388~0.375, where buying on dips is advisable, building positions in batches.
