How can a novice start to speculate in cryptocurrencies?
Currently, the strongest coin besides Bitcoin is SOL. It broke a new high again yesterday, just one step away from the historical high. When the first and second coins were sideways over the weekend, it quietly had a big green column yesterday. Yesterday, a friend told me that he should sell the 4,000 SOL he earned first. Fortunately, I persuaded him in time. It is obvious that the hot spot of this bull market is MEME, and most of these MEMEs come from Solara.
Solara is also the strongest among large-cap coins besides Bitcoin. It is obviously irrational to sell it at this time.
Let me tell you again about the general stage of the bull market. You must like, follow, collect and forward it. Don't forget it again. First of all, funds will definitely flow into Bitcoin first, allowing it to set a new high first. At this time, market sentiment begins to heat up.
Then it will flow to high-quality large-cap projects such as the second, third, and third Solara, so that the market's bullish sentiment will be further confirmed.
Then it will flow to strong altcoins, such as SUI Dogecoin, and then it will be the turn of altcoins with small and medium market capitalization, including shib, pepe, etc. At this time, the market enters a state of full frenzy. You can make money as soon as you enter. The big green pillars are bigger and bigger, ignoring all the technical and fundamental indicators.
Finally, the bull-to-bear signal appears, the high-level consolidation, the liquidity is reduced, and the altcoins quickly double to attract new small investors, all of which are trapped at the top of the mountain. So when you see the stage you are going through, you will know what to do next.
Back to today's BTC market analysis, from the K-line, the 1-hour level is rising, the 4-hour level is rising to stop the decline, the 12-hour level is sideways (note that MACD water cross, the indicator may also be invalid), and the daily level is rising. The intraday pressure level is 93,500 and the support level is 88,500 US dollars.
I am preparing to ambush a project that will soar in the short term in the near future. It is no problem to double it. Friends who are interested but have no direction can like and comment 333, and share it for free.
