BTC key levels are supported, bullish pattern remains unaltered, but positions can be reduced
SEC approves spot ETF, Musk supports DOGE, UNI, FTM, GOAT have opportunities?
Bitcoin's bullish pattern remains strong
Bitcoin finds support at key support levels; despite notable short-term corrections, the overall bullish pattern remains unchanged.
The news of the SEC approving 11 Bitcoin spot ETFs, along with Musk's financial support, brings positive signals for Bitcoin.
Daily trends show potential bearish structures, but the long-term outlook remains optimistic.
Short-term strategy and position management
Short-term investors are advised to consider reducing positions, while long-term holders can continue to hold most of their positions.
Volatility may persist; when prices rebound above $68,240, small short positions may be appropriate.
Monitor capital inflow; despite some position reductions, overall market funds continue to increase.
DOGE and AI-related news
Musk distributes $1 million randomly every day to support Dogecoin, expected to boost its price before the election. Recently, Dogecoin has performed strongly, especially during market downturns. AI projects like GOAT are also experiencing rebounds, attracting attention.
Performance of UNI and FTM
After the independent second-layer network launch, UNI's price remains strong, indicating good market potential. FTM also has rising opportunities, although its short-term performance is mediocre. Overall, the outlook for UNI remains optimistic.
Stability of leading AI tokens
Meme coins in the AI sector, such as GOAT, are gradually recovering, increasing market attention. Investors may consider continuing to hold these projects, especially as risks lessen, as there may be greater upward potential in the future.
The test of a major bull market is not just about the ups and downs of the market but also a test of our mindset. In the face of account fluctuations, we must remain rational. Next, I will announce some untapped potential coins in the community! Observe the main trends, layout your strategy throughout the bull market, and instead of guessing wildly, focus on what you can grasp!
