10.9 Daily BTC: Is your patience worn out?

The daily line closed with a doji with a long upper shadow. It seems that there is no price change, but in fact, yesterday's daily line can be understood as a confirmation of the pullback of the previous day's pinbar, which enhances the market's recognition of pinbar as a turning point. Therefore, it is sufficient to continue to maintain yesterday's views.

There is hardly any significant change in the medium-term trend, and there is not much change in the ongoing sideways trend. We still maintain our subsequent bearish thinking.

Try to keep your hands off the market as much as possible during sideways fluctuations.

Top altcoins to consider in the anticipated alt season

1、FTM

Fantom (FTM), a fast-growing Layer 1 blockchain with over $110 million in total value locked (TVL) and over $321 million in stablecoin supply, signals a possible near-term bullish breakout. The mid-cap altcoin, which has a fully diluted valuation of around $2.1 billion and average daily trading volume of around $496 million, has surged around 6% over the past 24 hours, trading around 69 cents in mid-session London trading on Tuesday.

FTM price is expected to rise by at least 139% in the near term. FTM price has retested the daily falling wedge breakout.

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2、TURBO

In this article, TURBO entered the market at the bottom and has risen by up to 30%. Congratulations to those who bought it. This coin is relatively promising. It combines AI+meme features and has 10 times of upward space.

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3、CFX

Conflux recently partnered with COPX.AI, a community-driven platform governed by smart contracts. The partnership aims to connect the decentralized economy with the traditional financial system, creating a secure and scalable ecosystem driven by artificial intelligence and blockchain technology. This move highlights Conflux's growing focus on integrating decentralization with traditional finance, demonstrating its proactive attitude in promoting financial innovation and enhancing market competitiveness. Through this partnership, Conflux may further expand its influence in decentralized finance (DeFi).

The market is making a correction while rising. If it falls back to around 0.17, enter the market in batches to buy dips.

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