BTC continues to be driven by positive factors and breaks through 97000u by leaps and bounds!
There have been many positive news about BTC recently. Trump plans to set up a special crypto department and may even appoint Coinbase CEO as Treasury Secretary, which will inject strong confidence into the market. BTC is gaining momentum and quickly broke through 97000u.
It is an inevitable trend for BTC to break through $100,000. It is a matter of time rather than possibility. However, in the short term, we still need to pay attention to market volatility and potential callback risks, and prudent operations are more critical.
BTC continues to dominate the market, when will the altcoin season come?
Currently, BTC has exceeded 61.5%, setting a three-year high, showing that Bitcoin still dominates.
As BTC continues to break new all-time highs, the market's capital liquidity is mainly concentrated in Bitcoin, resulting in a flat overall performance of altcoins, which are unlikely to see a sharp rise in the short term. Only when the price of Bitcoin stabilizes or adjusts can altcoins see capital inflows and the altcoin season can begin.
After BTC breaks through $100,000, altcoins are expected to have opportunities!
When Bitcoin breaks through $100,000 and enters a high area, some investors may choose to take profits, which may lead to a decline in Bitcoin's market share, thereby providing more room for altcoins to rise.
Therefore, we need to wait patiently and see whether BTC can stabilize around $100,000. If market confidence is restored, the time will come for funds to flow into altcoins, and altcoins will have new opportunities, and a collective rise may reappear.
Several promising investment sectors:
1. Bitcoin-related sectors: including projects such as Inscriptions, Runes, and STX. Due to the strong performance of Bitcoin, its value may be extended to other projects in the Bitcoin ecosystem, so these related projects have great growth potential.
2. Solana Ecosystem: including JTO, JUP, RAY and other tokens. The Solana ecosystem is supported by powerful market makers and has a strong development momentum. The cost-effectiveness of holding Solana-related tokens is very high, and these tokens are expected to perform well.
3. Meme sector: including projects such as Neiro, GOAT, MOODENG and PEPE. The meme theme will run through the entire bull market. Although the market heat may rotate, the cultural phenomenon and market appeal of the meme theme will exist for a long time, bringing huge growth opportunities.
These sectors each have strong potential and are worthy of attention and timely layout.
Today's lamb high-quality currency recommendation
1、SUN
The Solana chain is one of the most popular blockchains at present. With its high efficiency and low cost, it has attracted a large number of developers and users.
Its on-chain applications continue to increase, especially in the fields of gaming and finance. Solana's ecosystem continues to expand, and more and more people are realizing substantial benefits through its platform.
As the ecosystem matures, SOL is expected to continue to show strong performance in the upcoming bull market and become an important asset worthy of attention in the market.
2、STRX
STRX provides innovative blockchain solutions focusing on DeFi and tokenized assets, and is committed to promoting the bridge between finance and Web3.
It enhances the application potential of blockchain in various industries by enabling organizational authorization.
STRX aims to fully tap the transformative power of blockchain, open up new horizons for decentralized finance and asset management, and has long-term development potential.
3、XRP
XRP is controlled by powerful market makers and remains strong as Ripple's legal dispute with the U.S. Securities and Exchange Commission makes positive progress.
After years of legal battles, the case is coming to an end, and the market generally expects a positive outcome. The prospect of Ripple's victory over the legal challenge has greatly boosted market confidence.
As XRP becomes more popular in international payments, it becomes one of the most noteworthy altcoins with great potential in the future.
4、STX
Stacks is the largest Bitcoin Layer 2 solution and recently completed the Nakamoto upgrade, significantly improving transaction speeds while its security is 100% guaranteed by the Bitcoin network. Stacks also provides the technical foundation for the upcoming decentralized Bitcoin asset sBTC.
sBTC will unlock billions of dollars of Bitcoin capital, promote the development of the Bitcoin DeFi ecosystem, and provide a large amount of liquidity for Stacks.
In terms of funding and technical support, Stacks received $20 million in funding, and the former Algorand Labs CTO served as the CTO of Bitcoin L2 Labs, further accelerating the protocol upgrade and sBTC development process.
