Bitcoin Short-term Trends and Opportunities for Altcoins
This week, the trends of Bitcoin have sparked heated discussions: will it deeply retrace to $80,000, or will it consolidate horizontally to provide an explosive opportunity for altcoins? Although the long-term trend of Bitcoin remains positive, with consecutive gains last week, it may face adjustments in the short term. The hesitation in the market indicates that Bitcoin may encounter resistance at the $100,000 level, and if it retraces to the $87,000 - $80,000 range, it could impact the performance of altcoins.
Ethereum (ETH) still needs time to confirm its bottom, while Solana (SOL) has shown potential to break out of a triangular consolidation. Once it breaks out, it may trigger an overall explosion of meme coins and other altcoins. Market trends will directly influence investment strategies; conservative investors need to patiently wait for clear signals, while aggressive investors can seek potential opportunities in hot sectors.
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