Bitcoin corrected yesterday, the hot search list is all red. Thinking in reverse, as long as the bull is still in trend, it is always going up, so this is also a good time to enter and pick up tokens.
Currently, the second Bitcoin quickly retreated after hitting the daily track yesterday.
But it formed new support at the lower boundary of the 4-hour line.
It needs to stabilize and break through the previous high point to reach new heights; the Ethereum rebound trend has not ended.
Now it is in a 4-hour level correction; the upper pressure level is 3670.
If the 4-hour closes above 3670, then the correction ends, and the market may continue to rise to 3770.
Before breaking through, pay attention to the lower correction support levels: 3630, 3560, 3550.
And looking at other altcoins.
Every round of bull market ALT SZN has its own unique main narrative.
Take this round's main leader XRP as an example; there are some senior holders who understand the XRP community.
The core concept in their minds has shifted to:
XRP is the warrior against the SEC; this is an emotion, not an 'application scenario' or 'technology'.
The real explosion of XRP happened after GG left; the emotion was completely released.
This is originally a kind of MEME phenomenon. After XRP's explosion, the MEME price of XRP surged.
Many might feel that MEME is similar to air and not lofty enough; is it really so?
MEME is actually at the source of everything. If you want to short MEME, Tianya can only say that it's a pity but respects and wishes you well.
Moreover, the profit model brought by the unchanging human nature in the trading market: the distribution of market makers equals the final accumulation of retail investors at high points.
So, do you think the previous round's 'practical narrative' and 'web3 recreating everything narrative' can still deceive enough retail investors this round?
The AI and meme markets may restart again.
So, what Tianya often does, neiro, doge, floki............ are all good choices.
