Bitcoin has pulled back as expected! The bull market is still going on. Which of the three most promising coins will stand out in the next surge?
Dear Bitcoin friends, wasn’t the plunge of Bitcoin yesterday afternoon quite exciting? In yesterday’s analysis, I mentioned that $100,000 is a good time to sell. It seems that this judgment is quite accurate! So what should we do next? According to the current trend, Bitcoin may continue to fall. The three key price levels of 92,000, 88,000, and 85,000 are worth paying attention to. If it really falls to these levels, we can buy some spot in batches and small positions, accumulate steadily, and remain cautious.
As for BNB, it is currently oscillating between 670 and 710 dollars, and participating in Launchpool is quite worthwhile. Locking up assets can not only yield airdrops but also provide opportunities for certain returns. However, be cautious, as there is significant selling pressure on BNB, but long-term holders remain very steadfast. The Launchpool essentially protects those long-term investors in a disguised manner.
Ethereum (ETH) is following Bitcoin's trend, currently fluctuating between 3,100 and 3,700 dollars. If ETH really drops to around 3,000 dollars, that would be a good opportunity for us to enter, remember to keep an eye on key price levels and seize the opportunity!
Talking about today's daily $BTC market technical analysis, looking at the K-line, the 1-hour level is sideways, the 4-hour level is down, the 12-hour level is down, and the daily level is down. The intraday resistance is at 99,000, with a support level of 92,800 dollars.
3 major potential coins, which one will stand out in the next wave of surges?
UNI
Uniswap is one of the crypto trading platforms attempting decentralized trading on the Ethereum protocol. They can easily gain trust because they do not have an order book like centralized cryptocurrency exchanges. The recent Uniswap v3 introduced a method to provide individual price ranges and turn LP positions into NFTs. This innovation has a positive impact on the attractiveness of the UNI token as a top investment in the decentralized finance space. Notably, Uniswap actively invests in efficiency improvements, making it a promising participant in the decentralized exchange market.
NEIRO
NEIRO token is a new cryptocurrency on the Ethereum network, inspired by Neiro, a newly adopted Shiba Inu, whose owner is also the same lady who took care of Kabosu, the famous dog behind the Doge meme. This project pays tribute to Neiro and is the first token of its kind. It is entirely community-owned and lovingly managed. The token aims to attract community participation in a decentralized manner, based on the legacy of Dogecoin. The potential of NEIRO lies in its strong community engagement and connection to the beloved Doge meme. Whether the token is attractive in the current market cycle depends on investor sentiment towards community-driven projects.
ATOM
Cosmos introduces a unique approach to blockchain scalability by allowing multiple blockchains to run simultaneously. Cosmos Hub acts as a communication center, ensuring smooth interaction between networks. Recent developments, such as capping ATOM's inflation rate at 10%, make Cosmos more attractive to investors. The stable performance of the cryptocurrency in a long-term horizontal channel suggests potential growth in the coming year.
