The second coin has improved. When will the altcoin season come? Not long ago, the chairman of the US SEC, Abalone, tweeted that he would resign on January 20, the day when Dong Wang took office. As soon as the news came out, SOL, which was applying for an ETF, once broke through the historical high and reached $264, becoming the second mainstream currency to break the historical high after the big coin. Why?
Because this person is like a mountain pressing on the head of the currency circle. Now this mountain is finally going to be removed, and the supervision of the currency circle will be much easier. Although the big coin has been setting new highs, it is obvious that the growth rate has slowed down. The second Ethereum and Solana have been quietly catching up. So when will it be the turn of the altcoin? Is there still a chance? The following content is more sensitive. Remember to like, follow and collect it.
Often when the big coin stands firm at a high level and the growth rate slows down, it is the opportunity for the second and Solana and other mainstream coins, because the big coin is basically pushed by institutions at this position. At this position, countless air forces have been pulled out. Appropriate adjustments and callbacks are also opportunities for small investors to get on board. The second one started to catch up at 8 pm on the 21st, and some high-quality projects in its ecosystem immediately followed one hour later. The basic bottom was a 20% increase, and Ripple and Dogecoin had already shown a significant improvement. The current suggestion is still to wait for the big cake to pull back, and then pay attention to the entry opportunities of the cottage. It is definitely not appropriate to chase high now. When the big cake falls back, focus on those strong varieties. Not just any cottage can come up. If you want to get results in this bull market, now is the time to compete with your eyesight, brothers.
Continuing today's daily BTC market analysis, from the K-line, the 1-hour level is falling, the 4-hour level is sideways and weak, the 12-hour level is rising, and the daily level is rising. The intraday pressure level is 100,000 and the support level is 97,000 US dollars. Note: Today's fear and greed index is 93.
