After the price of Bitcoin was pulled from 60,000 to 64,400, the price of BTC fell back to around 62,200 as the A-share market sucked blood. It is expected that the same will happen today. There will still be a dense area around 61,800-62,800. As long as it does not effectively fall below 61,800, the market will continue to consolidate. The current K-line pattern fluctuates between 61,800 and 62,800, forming a pattern of shock consolidation. A very long upper shadow line appeared the day before yesterday, showing that the upper selling pressure was heavy. The 4-hour level of the technical indicators MACD, DIF and DEA began to cross the zero axis. It mainly depends on whether the 200-day line can hold up. If it does, there will be a rebound demand in the short term. At present, the RSI value is close to 50, with no obvious overbought or oversold signals. Before the CPI data is released at 8:30 tomorrow night, it should be weak and sideways. Wait for the main rising wave of this month to come!

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Layout! These tokens will skyrocket 100 times in the crazy bull market!

BONK


BONK is a Shiba Inu themed memecoin built on the Solana blockchain that has attracted attention for its unique approach to redistributing power within the Solana ecosystem. It prides itself on being a community-first token, targeting users rather than institutional investors or venture capitalists. Early on, BONK airdropped half of its total supply to Solana’s NFT and DeFi participants, quickly gaining traction and experiencing a massive surge in value.

By December 2023, BONK has become the third-largest memecoin by market cap. It faces some challenges, including its large supply, but remains an important player in the Solana community. BONK's association with the decentralized exchange BonkSwap increases its utility, which distinguishes it from a purely speculative token. As the Solana ecosystem continues to grow, BONK could become a long-term winner in the meme coin space.

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TREES

In the Solana ecosystem, BOME is quietly accumulating explosive power. Although its price has not risen significantly since its listing on Binance, the powerful market maker power behind it has not been fully released. It took only three days from the initial issuance to the listing on Binance, which shows that there is strong support and market consensus behind it.

Once the trading volume starts to surge, BOME is likely to replicate the amazing rise of PEPE. At present, the price of BOME is close to the bottom, and the possibility of a rebound is increasing. As a low-priced currency, BOME has broad room for growth and is likely to trigger a round of remarkable price increases in the future.

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SUN

Solana (SOL) faces many challenges in 2024, with the token value falling 40% since March and now priced at around $127.

sol$120 is a key support level. If it can be held, it may lay the foundation for a rebound. Solana (SOL) is very competitive in the first-layer blockchain field because of its strong scalability, fast transaction speed and low cost. It is very attractive to developers who develop decentralized applications and non-fungible tokens. It is an important role in the Web3 ecosystem.

In the future, whether Solana (SOL) can recover depends on the market environment and whether it can continue to be the preferred platform for blockchain developers. If it can break through the $160 support level, it may rebound to $190, which will bring great upside potential to investors who can withstand short-term fluctuations.

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BABY

PEPE is a popular meme coin with high price volatility and high risk and high return. PEPE has gained popularity recently, partly due to community support and some new capital inflows. If you like speculative coins, PEPE is worth considering, as it is suitable for short-term operations.

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TON

TON is a practical coin, and its ecosystem is expanding. It is not only a trading function, but also many DeFi and DApp projects are built on TON. TON has a strong technical foundation, coupled with the driving force of the team behind it, it is expected to go further in the future. The current price is still in a reasonable range, and it is appropriate to absorb funds. These three coins have their own characteristics. PEPE is suitable for short-term, while WIF and TON are more inclined to medium- and long-term layout.


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