Today's market analysis

After hitting the 68400 pressure level on Wednesday, BTC has entered a period of shock consolidation and has repeatedly tested the 68000 level. Although it has not been able to break through effectively for the time being, the selling pressure from above has been significantly reduced. Each upward attack consumes selling orders, and there has been no significant correction, indicating that the main force has the need to raise the price of the currency, which is also one of the reasons for the recent crazy inflow of ETF funds. This morning, BTC hit 68000 again and then fell back. The current price is around 67600. According to the rhythm of the US stock market, it is likely to hit 68400 tonight, and it is expected to hit 71200 after breaking through. Therefore, those who are optimistic about this round of bull market can start to enter the market at this time. Don't miss this wave if you miss the previous gains!

Day trading ideas

Today's operation ideas are simple and clear: aggressive ones can directly open long orders near the current price, and stable ones can wait until the correction to around 67000 before opening long orders, and the defensive position is placed at the low point of the past two days. I am full of confidence in tonight's market, see you at 70,000 points!

Spot sector analysis and recommendation

BTC has been volatile in the past few days, and the overall performance of altcoins has been mediocre, with the increase basically within 20%. Meme and AI sectors have not seen large capital inflows for the time being, but BOME performed well today. As BTC hit 68,000, BOME rose by nearly 20%, which is a good performance in the near future. Tokens in other sectors are waiting for BTC's next move. The more this happens, the more violent the altcoins will explode. Once the direction of BTC is clear, hot altcoins will become the first echelon, followed by projects with practical applications.

Short-term focus: BOME, NEIRO, IO, WLD

Once BTC stands at 70,000, these currencies will definitely perform well and are good short-term choices. But remember, don't bet heavily on a single altcoin, after all, black swan events are never absent in this market!