From yesterday to today, BTC has risen from 94k to 97k, a small increase that has everyone a bit excited. However, whether this can continue to rise remains to be seen. Most other coins have also risen, especially those altcoins, which have risen quite happily. So how will BTC move in the short term? I will briefly review, but this does not constitute any investment advice.
I personally think that $BTC will probably fluctuate between 94,000 and 99,000, which is a normal rebound, and we need to be patient for it to break through. If you bought some BTC at a low price before, you might consider selling some at 99,000 and then waiting for new buying opportunities. There are still quite a few people who are bullish right now.
Let's talk about $BNB again, which is expected to consolidate between 685 and 735. Yesterday it was a bit weaker than Bitcoin and Ethereum, after all, the 63rd airdrop is coming to an end, so it's normal for some people to want to sell. But if you are a long-term holder of BNB, don't pay too much attention to these small fluctuations. As a platform token, it will only really take off towards the end of the bull market.
As for the second largest, $ETH, it is estimated to fluctuate between 3,300 and 3,550. Yesterday it was a bit stronger than BTC, so let's continue to see if institutions are still increasing their holdings. If institutions increase their holdings significantly, then holding ETH will be more reassuring.
Back to today's daily BTC technical analysis, looking at the K-line, the 1-hour level is down, the 4-hour level is up, the 12-hour level is up, the daily level has just entered an upward trend, with an intraday resistance level of 99,800 and a support level of $94,500.
MicroStrategy (MSTR) will rebound in 2024.
MicroStrategy's MSTR currently looks like a good buying opportunity, as the stock may soon recover from last year's decline. Despite the software company purchasing $209 million worth of BTC to end 2024, MSTR's stock price has still fallen by over 8%.
However, there is no doubt that 2024 will still be a bumper year for cryptocurrency, with prices rising by about 400%. This momentum may continue this month, which is why investors should seek to buy it for substantial returns.
Coinbase (COIN) is in a good position.
Coinbase (COIN) is expected to achieve significant growth this month, providing investors with substantial returns. This top cryptocurrency exchange is likely to be one of the biggest beneficiaries of Donald Trump's supportive stance on cryptocurrency.
Specifically, the U.S. Securities and Exchange Commission (SEC) may withdraw its lawsuit against the exchange. This provides a bullish outlook for COIN, as there may be a parabolic rise once the commission withdraws the lawsuit.
Robinhood (HOOD) is another cryptocurrency worth buying.
Robinhood (HOOD) is another cryptocurrency that investors may consider buying, with the potential for 100x returns. Like Coinbase's COIN, Robinhood's HOOD may also record significant increases as the SEC creates a regulatory-friendly environment for these exchanges.
In addition, Robinhood is expected to expand its cryptocurrency services during Donald Trump's presidency, providing a bullish outlook for HOOD.
Nvidia (NVDA) has begun to rise.
Nvidia's NVDA has risen again after a decline at the end of last year. NASDAQ data shows that NVDA has risen in the past 24 hours. The stock is expected to make a comeback and reclaim the title of the largest market capitalization stock from Apple AAPL.
The outlook for NVDA is positive, as artificial intelligence is expected to be a dominant factor in the 2025 bull market. This is good news for NVDA, as demand for Nvidia's GPUs will surge.
Marathon Digital (MARA) will benefit from its Bitcoin strategy.
Like MicroStrategy, Bitcoin miner Marathon Digital has also adopted a BTC strategy, which will continue to benefit this cryptocurrency company. This Bitcoin strategy provides a bullish outlook for MARA's stock price, which has started to rise this year.
NASDAQ data shows that MARA has risen in the past 24 hours. If this bullish momentum continues, the stock could easily bring substantial returns to investors this month.