Bitcoin continued to decline after breaking the 100,000 support, but many people believe that the decline may be coming to an end, and it may be a good time to enter the market. Especially in the range of 95,800 to 96,100, the support is strong. Although the callback is a bit deep, it is still within an acceptable range. This range used to be the intersection of support and resistance. It is expected that the callback will soon end, and you can buy at this position. If it rebounds to around 98,400, you can consider taking profit.
As for altcoins, you may feel that the hot market of "hundreds of coins soaring" in 2021 is no longer there. 2021 is a special year. The market's enthusiasm is largely stimulated by policies. Like taking stimulants, all currencies have skyrocketed. But now, the market environment has changed. There are more and more altcoin projects, and the market competition has intensified. The current altcoin market feels like a cola diluted with water. The bubble has disappeared and it is not so exciting.
However, this does not mean that the opportunities have disappeared. On the contrary, they may be greater. It’s just that the current market rotation is faster and more targeted. For example, there has been a new wave of enthusiasm for AI tracks and meme coins. The inflow of funds is no longer the "waterfall-like" explosion in the past, but has become a slow and steady infiltration. The market now has more opportunities, but the gameplay has changed. In the past, "hundreds of coins flew together", but now it is track rotation, and funds are concentrated in certain specific areas. We have to adjust our mentality, adapt to the new rules of the market, and no longer fantasize about the simple situation of 10,000 coins rising at the same time.
For example, the short-term support of SOL is around $197, and you can try to go long at this position, with a profit target between $206 and $210. Although the current market is not as enthusiastic as in 2021, the operation strategy is still to buy low and sell high, try to avoid chasing high, and remember not to sell when the market fluctuates violently.
Regarding the AI agents track, the future potential is very large and is expected to become the main line of the crypto market in 2025. Its growth space is even broader than the summer of DeFi in 2021. Recently, Nvidia founder Huang Renxun mentioned that the industry scale of AI agents will reach trillions of dollars in the future, and the current estimated $1.7 billion in the market is just the tip of the iceberg, with huge potential for future growth.
At present, AI agents have penetrated into every corner of the crypto ecosystem. Whether it is the metaverse, games, finance and other applications, they are all using AI agents for innovation, with a market value of about 200 million. Next, more and more blue-chip projects will emerge from this track. Just like the DeFi or ICO boom of the year, AI agents in the future will not only become infrastructure, but will also derive more applications, such as AI-driven investment advisors, games, social tools and productivity tools. It is expected that these projects will be closer to people's daily lives and even become tools for daily use.
Everyone can focus on related projects and seize the opportunity!
