BTC rebounded quickly after hitting $92,000, driving the overall market to recover; AI Agent sector $AIBXT became the market focus
There was a sudden sell-off in the market on Friday, and the prices of mainstream coins and altcoins plunged. On the eve of the U.S. market, the decline came to an abrupt halt and rebounded quickly. The overall trend showed a "V"-shaped reversal, and the highest has rebounded to around 99,000.
Trump concept coins are still the most powerful among the copycat coins. Ena has basically recovered. Sui is still as powerful as ever. The newly launched vc coin move has performed well.
In the secondary market, the strong will become stronger. When the market falls, avoid the assets with the worst market consensus, and when the market rebounds, choose the products with the strongest market consensus. At the same time, grasp the core of the strong getting stronger, and give priority to the allocation of leading assets, unless there is a major change in the underlying logic, such as the track switching caused by the flow of funds. Clarifying these logics can more effectively deal with market risks and opportunities.
Recently, I have been communicating with some fan friends, and many people have incurred losses in the past few months. The main reasons are three:
1. BTC has been shorted all the way, leading to liquidation or severe resistance.
2. Full position in garbage altcoins, several switches have led to losses, multiple stop losses.
3. Heavily invest in meme coins, especially some new meme coins, with several rounds of 70% losses.
Attention! Four major crypto whales swept 8,440 ETH from Binance yesterday, worth up to $28.43 million! This astonishing large-scale operation appeared during the early rebound after ETH experienced a 22.5% significant drop, as if telling us: the opportunity has arrived!
Today, 10 new wallet addresses withdrew 17,698 ETH from Binance after the market rebound, worth approximately $61.66 million.
According to Lookonchain monitoring, after the market rebound, 10 new wallet addresses withdrew 17,698 ETH (worth $61.66 million) from Binance.
How do you view the current momentum?
ETH made a big correction yesterday but held the 200 EMA support level at $3100, and now it has stabilized above $3500! The key is that the daily K has formed a bullish Pin Bar with a long shadow, indicating that the bulls are about to push forward!
What does the technical analysis suggest?
If ETH breaks through the resistance zone at $3500 (stabilizes), the target could directly soar to $4000, with an upward potential of up to 17%! Market sentiment has clearly turned bullish, and the entry of whales further confirms this signal.
At the same time, the enthusiasm for ETH in the market is continuously rising, with multiple institutions predicting that Ethereum will hit a new high before the end of the year. Given the current situation, the likelihood of this prediction coming true is very high. As long as the Ethereum Foundation remains stable and there are no unexpected situations, breaking through new highs will be as easy as breaking through a layer of window paper, and the market outlook remains bullish.
Don't be disappointed with ETH; only when Ethereum makes a move can altcoins start to take off!
I remain optimistic about the bull market in the long term. If you still have positions, continue to buy on small dips and buy heavily on large dips! If you have no positions, just uninstall the app and lie flat with a full position!
➜$ZEN
Cross-chain operations, transferring BTC to the SOL chain as Grayscale's new child. If Grayscale continues to increase its holdings in ZEN, then ZEN's market cap will reach around 1.5 billion. I continue to remain bullish on ZEN in the long term.
➜$LPT
Grayscale's little altcoin LPT should be unique; LPT is Grayscale's favored child, and Grayscale's holdings are skyrocketing. For those who missed ZEN, there are two options: those who are bold can continue to chase ZEN, while those who are timid can ambush LPT.
LPT also has 50x potential.
➜$SUI
SUI, as an emerging cryptocurrency project, has a unique story and strong team support behind it. The founding team of SUI comes from top tech companies worldwide, possessing rich industry experience and technical background.
Grayscale's Sui Trust has opened, and SUI is performing strongly whether it is going up or down! You can add it to your watchlist to see if there are any pullback opportunities. If there are pullbacks, then heavily invest in Sui!
This time, altcoins are generally falling, but Sui is about to touch new highs again, really strong!
➜$CETUS
The Binance that went live with Cow is different in that Cetus is a project belonging to the SUI chain! Recently, we can see SUI performing very strongly, and the rebound after the decline is also quite strong, so let's pay attention to Cetus!
The overall trend has received strong support below, and this sideways range is waiting for a breakthrough like a narrative ready to be launched. If there are no ambushes near the support, then the current price around 0.37 is also a good entry point, and just make a supplementary purchase near the key support below, waiting for a strong breakout to come!
