The market changes rapidly, and trading is all about the present. You sing whatever song fits the mountain. The price of Bitcoin has once again broken through, surpassing 99,000 USD, and the price continues to approach the level of 100,600 USD above. We have mentioned this level before; when the MACD at the lower position shows a golden cross at the zero line, it indicates an increase of over 60% to 70%. Of course, this increase won't happen all at once, like rising 60% or 70%, but it is a gradual rise, which is beneficial for our upcoming operations. In this wave of the market, we can see the price of Bitcoin approaching the 100,000 USD level again, and we see that some data is basically upward news. When Bitcoin wallet balances continue to decrease, it means that this wave of the market is preparing to hit again. From the liquidation chart, we can see that the intraday liquidation position is close to 100,000 USD, which is a strong liquidation level. It is clear that it is currently at the 100,000 USD position; it is just oscillating at this position. So everyone, don't be nervous. If you want to see Wang Yun's analysis of the market every day, you can follow and comment; Wang Yun focuses on the entire crypto investment.
There is news that MicroStrategy will raise 2 billion USD in the first quarter through issuing preferred stock to purchase Bitcoin. It said that within three years, it would raise 42 billion USD, which indicates that this money will soon flow into the Bitcoin market, meaning that close to 200,000 or even more Bitcoins will be bought. Therefore, more money, including more issuance in the United States, will be used to purchase Bitcoin, holding it like gold. Next, it will only rise.
Bitcoin's market capitalization still accounts for 52% and has not reached a top state. Recently, BGB has shown a weak rise, which aligns with what we previously said: when platform coins show weakness, it is when our altcoins rise. Previously, I asked everyone to invest in altcoins; now many have already seen significant gains, and there are many currencies available to participate in. A 2 to 3 times return is not a big problem. As for whether everyone can hold on, I think it varies from person to person. The answer is certainly a rise, but whether you can hold on depends on yourself. I have made it very clear. If you can't hold on, you can occasionally check Wang Yun's analysis, which may give you more inspiration, and you might be able to hold on. Many friends immediately sell when they see a 10% or 20% rise, thinking they have earned money, but in fact, they are losing. If you want to earn consistent money, you must have a certain level of patience and expand your knowledge.
Actually, during this period, we have been talking about how the price of Ethereum may break through a new high level in the next twenty to thirty days. So Ethereum is currently around 3670. The MACD on the daily level has already crossed the zero line at the lower position. As long as it breaks through 4100 USD, it means Ethereum's momentum is strong. It is possible that within the next two months, or even less time, it can reach a level of 5000 to 6000 USD. Therefore, in the upcoming market, we will see a different Ethereum, gradually witnessing its rise. At this time, we must pay attention to the altcoins on its chain, as they may experience different surges. We must seize this opportunity. Alright, that's all for today. #BitcoinContracts[SuperTalk]#比特币走势观察