Last night, BTC continued to follow the 30-day moving average to correct upward, and earlier today it returned to 100,000. Today's data shows that the US spot Bitcoin ETF holdings have grown to 1.17 million BTC, firmly ranking first in the world. This holding exceeds the 1.1 million BTC in the suspected holding address of Satoshi Nakamoto.
The double top correction is really coming! Will Bitcoin fall to 93,000 this time?
Bitcoin is currently basically on par with the moving average of 98,800, and the daily line has reached the middle track of the Bollinger Bands. The 100,000 breakthrough failed, forming a double top, with soft support around 95,500 and strong support around the M neckline of 93,000. Although there was no breakthrough yesterday, don't be discouraged, we can just take advantage of the correction to start buying back at lows. (Reminder: The monthly line will be closed soon)
The current market sentiment has gradually fallen from the continuous extreme greed state to the greed range, and today's greed index is 79. It reminds me that the financial market is the opposite, others are fearful, I am greedy, others are greedy, I leave!
Let me briefly talk about the altcoins. Since Bitcoin is leading the decline, most altcoins will follow suit. Everyone should do a good job of risk control of altcoins. I will update you in the evening so you can watch the market in real time.
If you buy right, every day is a bull market. If you buy wrong, even a bull market will fall.
Before a coin takes off, it will definitely make you uncomfortable, because this is how the unsteady people are washed away. Especially in a bull market, it is too easy to wash the market, and there is also the rotation of hot coins. Therefore, rhythm is very important in a bull market. Fixed positions + liquid positions are always an invincible configuration.
The bull market is still going on, and there will be countless unknown coins or previously unappreciated coins popping up. You ignore them when they are at a low point, and you cannot afford them when they are rising. Look at the picture below, I have sorted them out and I am here to feed you again!
1.DeSci Ecosystem
DeSci is a track that has not exploded in this round of bull market cycle, and it is also one of the directions driven by MEME and has valuable landing. It is to distinguish the priority of potential according to the weight of market value, number of coins held, liquidity, resources and vertical narrative.
At present, in addition to BIO, URO has a trend of becoming a new leader in the chain. If BIO goes online and brings the DeSci trend, the projects in the figure will have dozens of times the target. You can continue to pay attention to it according to the weight.
2. Platform Coin
For example, BGB GT has skyrocketed in the past two days. After all, we entered the market early and made a big profit again today.
I am not a 10U war god, nor will I be a blogger who earns forever. You can't buy all the coins at once, nor can you get the increase of all coins, so the best strategy is to hold the value coins for a long time. Only time will allow you to enjoy the dividends of the trend.
3. Carefully selected from Korea
Following Musk’s strict selection, the president’s strict selection, and Grayscale’s strict selection, now it is South Korea’s turn for strict selection.
The copycats on CEX are eyeing Upbit's trading volume and speculating on UXLINK, MOCA, etc. The Korean market is the main force in every bull market. About 30% of people are embracing encryption, which is terrifying.
4.AI agent
The on-chain copycat bull market continues to ferment around asset issuance. This round of AI leaders such as AI16Z VIRTUAL and related ecological assets have skyrocketed, such as aixbt game luna in the Virtual ecosystem, etc., which are more popular in the market. Moreover, these are not pure concepts, and users can perceive and experience them, so the market value will continue to rise in the future.
