This wave really feels like a delayed reaction.
The rotation of the old mainstream sectors has already accelerated. Leading coins Doge, Xrp, Xlm, Ada.
Doge goes without saying, with old Ma, it's not a dream to reach $1. But the weekly chart is facing pressure, so caution is needed in the short term.
XRP, previously involved in a long legal battle with the SEC, saw a favorable turn after Trump's successful election. The current SEC chairman resigned, which brought good news. Following yesterday's news, the possibility of an XRP spot ETF is accelerating.
The monthly cycle has reached around 1.5 pressure, although bulls don’t call a top. Still, be cautious of the risks. 77798984053 is the token of Ripple, in the same series. It has also reached the monthly pressure.
97076355313, this old thing, who would have thought it could still show such a strong upward trend in the third round of a bull market. Ada started to rise initially due to the founder's connection with Trump's campaign team.
It has already begun to accelerate today, with the current weekly pressure around 1-2-1.25. Again, caution is advised.
Other old mainstream coins in the same sector (old things) include BCH, LTC, ETC, EOS, etc., just keep an eye on them. I do not recommend chasing highs.
The old coins are running too wildly, making it quite awkward for me. First, the meme coins had a wild slaughter, and now the old coins are rampaging...
Happy weekend, everyone!
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