Yesterday, BTC continued to consolidate, with a short-term increase in volume at the 1-hour level and a slight decline, which slightly exceeded expectations. At present, the downward momentum at the 4-hour level has declined. Pay attention to the support of 94,000-95,000 during the day. After stabilization, a new round of rising cycle will soon begin. Keep confidence and start to follow up appropriately.
The two cakes followed BTC to consolidate synchronously, with a slight decline. The 4-hour downward potential also decreased. Pay attention to the support of 3300 during the day. You can follow up after the pullback support level. A new round of rising cycle is coming soon. The cottage followed the mainstream to consolidate synchronously. Some currencies fell slightly. Pay attention to the support of ETH during the day. You can follow up after stabilization and wait for a new round of rising cycle
Intraday market analysis
BTC 1-hour and 4-hour levels have returned to healthy levels, and the daily level has returned to healthy levels. It is expected to continue to consolidate during the day. The callback support level can be considered to follow up. The expectation of the big cycle has not weakened. The support below is 94000-95000, and the resistance above is 98000-98500.
ETH 1-hour and 4-hour levels have returned to healthy levels, and the daily level has returned to healthy levels. Consolidation is expected during the day, and follow-up can be considered at the pullback support level. The lower support for the day is 3280-3330, and the upper resistance is 3480-3530.
For long-term investors, we still remain optimistic about the general trend of the bull market. Even if you fail to make a profit at present, there is no need to worry. The real outbreak of the bull market often appears in the second half. Keep a stable mentality and make a good low-level layout. There is a high probability that you will usher in rich returns in 2025!
Bitget Exchange issued an announcement late yesterday (26) stating that Bitget will merge its two major tokens, BWB (Bitget Wallet Token) and BGB (Bitget Token), into BGB to further integrate on-chain and off-chain use cases.
BGB rose 30% to a new high
Inspired by this news, BGB rose by more than 30% yesterday and once broke through a new high of $7.9. However, regarding the news of the merger of BWB and BGB, some crypto KOLs also posted that the merger of the two may imply that BGB has reached its peak in the short term, because "the project party can legitimately sell a bunch of BGB by merging BWB."
Finally, in terms of cottage industries, linkage adjustments are made, the capital situation is general, speculation sentiment is low, and positions can be held in the medium and long term. For the subsequent market, everyone should make plans:
1: Bitcoin and altcoins rise together, probability: 30%-40%
If 2025 becomes a one-sided rally, with Bitcoin continuing to move higher and altcoins performing well, we could see a repeat of the past two months of across-the-board gains.
Action plan: Buy high-quality altcoins at low prices and seize opportunities
2: Bitcoin rises, while altcoins have limited gains, probability: 50%-60%
This is similar to the market in 2024. The market may still be volatile in the next few months, but it is more optimistic than in 2024 (because Bitcoin continues to rise). Some areas will perform well.
Action plan: Buy selected altcoins on dips, avoid overheated areas, and look for the next potential direction.
3: Bitcoin rises, altcoins fall, probability: 20%-30%
If this is a top for altcoins, Bitcoin could continue to rise strongly while altcoins perform weakly.
Action plan: Clear out altcoins decisively. Although you may experience some pullbacks, if altcoins have no upward momentum, you still need to stop losses in time.
Rhythm is very important in a bull market. Fixed position + floating position is an invincible configuration.
The bull market is still going on, and there will be countless unknown coins or previously unappreciated coins popping up. You can ignore them when they are at a low point, and you can’t afford them when they are pulled up. BGB ZEN has soared in the past two days. After all, we entered the market early, and we made a lot of money. So at this time, you must choose a strong sector to play with Shanzhai:
Meme, Rwa, Trump concept coin, etc.
After Musk’s strict selection, the President’s strict selection, and Grayscale’s strict selection, now it is South Korea’s turn to be strict. The copycats on CEX are eyeing Upbit’s trading volume and speculating on it. The South Korean market has been the main force in every bull market. About 30% of people are embracing encryption, which is terrifying.
