Last night, Bitcoin surged to $102,500 with the decline of U.S. stocks, then fell back below $100,000. Currently, $102,000 is a strong resistance level, and it will need some momentum to break through and stabilize.
Additionally, the Coinbase platform in the U.S. will soon list pnut coin, and the squirrel coin has risen more than 30% within 24 hours. I mentioned before that the squirrel coin might have another wave of popularity. After it goes live on CB, we can look forward to its performance.
As for today's BTC market: From the candlestick chart, the 1-hour, 4-hour, and 12-hour periods all show a downward trend, and the daily line also seems somewhat weak. Today's resistance level is at $102,000, while the support level is at $97,000.
Can ORDI make a comeback again? A group member specifically asked for my opinion:
I have to say, the current ORDI situation is very similar to when it was at 3U. At that time, it was also attacked by a bunch of BTC ecosystem 'useless theory' and ORDI 'garbage theory'. I remember back then, I firmly believed in ORDI and even stayed up late writing a long article of several thousand words. Today, I suddenly found the feeling of ORDI at 3U again, it’s really a bit nostalgic, haha~
ORDI's highest point so far has seen a decline of less than 3 times, which counts as a bull market. Although other coins are rising, if most of your altcoins are stuck at the peak, even if they have risen now, you may still be down by more than 3 times.
At the end of last year, when ORDI was rising, other coins were also hovering at low levels. The market has cycles and rotations; now ORDI may not have its turn yet, but it will eventually reach its peak.
Moreover, ORDI's liquidity has always been good. Whether you want to sell or enter the market, large funds can move in and out freely at any time.
In the BTC ecosystem, I am already free, but seeing ORDI being suppressed like this is really hard to watch. I can't help but want to shout for it, perhaps because of my position or my faith in it. In fact, I have always been here!
Currently, every significant drop is a good opportunity to buy!
No one can predict the market trends, and no one can buy at the lowest point. If you are fully invested, just maintain a calm mindset and wait for the bull market to arrive. When the time comes, sell your assets to those destined for them.
In the market, those who truly make big money have three characteristics:
Be willing to patiently wait for opportunities.
Be bold in heavy investment when opportunities arise.
Be decisive in exiting when faced with huge profits.
Altcoin focus: LINK, DOGE, PEPE, UNI.
In the upcoming layout, I will continue to guide everyone to aim for the lucrative opportunities in altcoins. The three targets I bottomed out on a couple of days ago, TON TRB OG, had an average gain of 20%, 20%, and 15%, all profiting out! And it was just in a few days!
Yesterday, I again laid out three coins, placing orders for two in the AI sector and one in the MEME sector. The AI meeting on the 20th can be preemptively ambushed. The three coins will be announced later, so stay tuned.
Stop being like a headless fly running around; a significant drop is a good time to enter the spot market!
