The recent market fluctuations are truly overwhelming, experiencing two rollercoaster rides in one night! The movement of Bitcoin these days is a bit confusing, let me help clarify. It's like playing the 'freeze game', with prices basically fluctuating within the range I mentioned yesterday. The current price is slowly declining, and for BTC to rise again, more capital injection and continuous good news are needed.
At the same time, pay attention to the performance of U.S. stocks; if U.S. stocks are unstable, Bitcoin may also be affected. If you have spare money, it's advisable to increase your position when $BTC falls below 92000, but be mindful that if the price drops to 80000, you need to have funds to average down. The current decline does not mean there are no chances for a rebound; it just means the timing has not come yet, and funds and positive news are still on the way. Also, don't choose to stay out of the market out of fear of falling, as this may cause you to miss out on the opportunity to rise.
Let's talk about $BNB again, currently fluctuating between 670 and 720. The 63rd airdrop is about to end, and some investors may choose to sell BNB, which is normal. If you are a long-term holder, you can sell at high prices and buy back after the new airdrop ends; doing swing trading is also a good choice.
Finally, regarding $ETH, it is currently slowly rising between 3200 and 3600, performing better than BTC. Although it is also consolidating, it is relatively stronger in the short term. Today's daily BTC technical analysis shows that from the candlestick perspective, the 1-hour level trend is chaotic, experiencing multiple fluctuations, while the 4-hour, 12-hour, and daily levels all show a decline, with an intraday resistance at 95000 and support at 90000 dollars.
FTT has potential, but don't buy too much. The group was formed at 3.1u, and in this bad market, FTT actually went up a bit. Initially, around 1.8, I told the people in the group to buy some and hold. I still hold this view, just like when we were at 30 for Sol!
BGB has completed the destruction of 800 million coins, should you get on board?
BGB has completed the destruction of 800 million coins, hurry up and get on board (about 5.2 billion dollars), accounting for 40% of the total supply (of which 19% are unlocked tokens held by the core team, and 21% are circulating tokens held by the core team), the current total supply and circulation of BGB: 1.2 billion coins.
The arrival of the altcoin season is a key moment for most retail investors holding altcoins to turn the tide. Due to the general lack of Bitcoin holdings among retail investors, the prosperity of the altcoin market has become their main way to achieve wealth growth. If this bull market lacks the push of the altcoin season, many retail investors may face severe challenges and may even have to seek other livelihoods.
Here are some altcoins worth paying special attention to:
1. AI agent sector, such as secondary market PHA, ATA;
2. Grayscale and BlackRock holdings coins: ZEN, ONDO, etc.;
3. Trump concept coins: ETH, COW, AAVE;
4. Meme coins heavily held by market makers: GOAT, MOODENG, PNUT.
