The corrections in the last two days have not fallen by half of the previous long positive line, which is a bullish signal
Bitcoin has been trending quite steadily over the past two days, without any rush or panic, and has been moving steadily upward. After accumulating strength in the current stage, it is estimated that the market will reach ATH in one go, which will open up room for imagination.
The real resistance above the 4-hour level is at the 70,000 mark. As long as this psychological barrier is broken and stabilized, the market's confidence will be rekindled, and then the copycats in CEX will also become crazy and agitated.
Don’t let the altcoins you hold get washed out. The current blood-sucking and negative decline is obviously intended to wear down the patience of those who entered the market at a low position with low leverage, and to kill both long and short positions at the same time.
This week, the classic scenario was played out again: Bitcoin rose, but the altcoins did not; Bitcoin fell, and the altcoins followed suit.
The previously popular currencies have begun to cool down in the past few days.
There is no need to be surprised by this trend, because after seven months of torture, we should have learned to accept it.
Now the trend is clear. With the continuous influx of funds from ETFs, Bitcoin is bound to enter a bull market.
The remaining test is the coins in each person’s hand, to see if they have 100% confidence, whether they can hold on to them, and whether they can eliminate interference.
The most important thing to avoid when trading cryptocurrencies is being impatient. It is normal to have no market conditions, and it is also normal to have floating profits and losses. Relax and take it slow. Over time, if you can endure the years that others cannot, you will naturally stand out and become the winner.
The sector with the most potential in the bull market.
MEME sector: This sector is the fastest growing sector in the cryptocurrency circle in the past year, and the entry of institutions has allowed this sector to develop further.
AI sector: The AI sector can be said to be a sector that runs through the entire bull market. Web2 AI is also developing rapidly and is still in its early stages.
L2: Ethereum's L2 solutions will be one of the important focuses of the new bull market. These solutions can increase transaction speed and reduce fees, thereby enhancing the scalability of the Ethereum network. With the prosperity of the Ethereum ecosystem, investment and application in the L2 field will have huge room for appreciation.
GameFi: Although the popularity of GameFi brought by the last bull market did not last, it provided valuable experience and lessons for developers. More innovative game projects will emerge in the future. Exploring the combination of blockchain technology and gameplay and paying attention to the investment direction of large institutions may also be a sign of the bull market.
The top 4 meme coins with the most potential in the bull market! The next coin with 20-50 times the potential!
1. Dogecoin (DOGE)：
This is the most famous meme coin. Due to the support of Elon Musk, its price fluctuates greatly, but it has also caused crazes many times.
2. Shiba Inu (SHIB):
Known as the “Dogecoin Killer,” it has attracted attention due to its high community activity and the development of new features such as decentralized exchanges and NFTs.
3. Baby (BABY):
Based on the popular Pepe the frog meme, it has attracted a lot of speculators recently.
4. Floki Inside (FLOKI):
Named after Musk's dog, it has become popular among the meme coin community despite a relatively small market.
Laoyu has now established a MEME dog skirt for cotton fees. Friends who are interested can follow Laoyu~
Since you have read this far, please follow and like before leaving. I am Lao Yu, an old investor who sincerely wishes you to get rich!
