If BTC breaks the resistance at 80000, we can see 85000-87000 points, with support at 77500 points; if broken, we can see around 74000 points.
Currently, the greed index has not risen, and retail investors are still on the sidelines.
In the short term, institutions continue to increase their positions in a bullish direction with a high probability. We are currently at a historical high, with no trapped chips, and as long as institutions and large investors do not sell pressure, it will basically rise all the way to make you doubt your life.
The current time node is quite special and is also stuck on the weekend, usually stable on weekends. Given the current market, we need to pay attention to the inflow of retail funds to prevent market retail inflation. If retail inflow data increases, then we need to adjust the direction in a timely manner.
If you see clearly, you should understand the reasoning behind it. The market is just institutions giving high-position chips to retail investors to profit from the price difference. If you don’t get on the bus once, they will pull it several times more; eventually, you will get on the bus and then pull it down to create momentum and public opinion to reach a low-price entry in a zero-sum game. hanfeng16890
Currently, ETH's short-term resistance level is at 3300, and if broken, we can see 3500 points, with support around 3100. The viewpoint remains unchanged; if there are no trapped chips, ETH's price should be above 5000. So, it's not surprising to say that it has risen more than 100 dollars daily in recent days. The viewpoint is manifold: ETH has faced many problems in its ecosystem due to V God not being strong enough in the past two years, which has led to market doubts, so the market’s performance has been quite strange in recent years. Considering the large amount of trapped chips above, there is still some space for a bullish outlook in the short term.
Bitcoin is at a new high, and the big market will see a catch-up. Sats and BB can get on the bus.
The altcoin market saw a collective effort from the TON series today. The TON public chain is also a popular public chain, and its self-sustaining traffic is the biggest feature of TON. Previously, due to the arrest of the founder, the TON series suffered heavy losses. However, with the current change in the U.S. government, the development of the crypto industry has gained fertile ground. The TON series is worth paying attention to, particularly NOT, CATI, and DOGS. Notably, NOT and DOGS still have great potential, and it’s a good time to get on board.
The SUI ecosystem is performing well, but compared to the SOL ecosystem and TON, the sustainability of the SUI ecosystem still needs verification. We should continue to pay attention to the SOL ecosystem, particularly RAY, JUP, JTO, BOME, WIF, and MOODENG! RAY has been rising quite aggressively. In the short term, WIF and Pendle still have opportunities.
Additionally, the ecology on the ETH chain may experience continuous catch-up, so in the medium and short term, focus on LDO, ENS, and Metis.