Market review:
Yesterday, the first coin's highest was 107793, lowest was 103333, with a fluctuation of 4460 points. The second coin's highest was 4107, lowest was 3884, with a fluctuation of 223 points. Yesterday was Monday.
The big coin continues to surge, constantly reaching new highs. The second coin's market surged early this morning, breaking the yearly high. Many people might not understand this, as it seems the second coin is starting to catch up, while the altcoins remain inactive. The recent market lacks significant activity, leading to a collective stagnation among altcoins, giving the impression that they are worthless. However, the market will eventually come alive. The second coin now needs to strengthen further since it has broken the yearly high. Even if market activity is low, the altcoins will follow the trend of the second coin. Therefore, at this stage, hold your chips well and avoid careless switching of positions to prevent selling at a loss or buying at a high, especially with new coins recently launched. Control your risks.
Today's Tuesday highlights:
BTC
There is no need to pay too much attention to BTC market trends, mainly looking at when the second coin can start moving, thus driving the trends of altcoins. According to the current trend of the big coin, there is a spike on the four-hour chart, and on the intraday level, we should pay attention to the support level around the 100000-103000 range.
ETH
The outlook for ETH is quite simple. It has broken the yearly high, but quickly pulled back after that, showing weak momentum without a direct surge. According to the current four-hour trend, the intraday support point is around the 3960-4000 range. The short-term support level on the daily chart remains unchanged, just pay attention to the position around 3800.
Altcoin
First, pay attention to the altcoin market. The coins I have been focusing on recently are: ACT NEIRO SYN WLD OP FET PEOPLE CRV ACE. It's recommended to place orders at the suggested points and not to operate randomly.
