Today, Monday, Bitcoin closed its weekly line. Currently, Bitcoin's weekly line is in a bull market, which is in the early stage of the bull market. The weekly line showed a stop-loss signal. Last week, the market closed a hammer line at an important support position, and last week it closed a bullish engulfing pattern of the candlestick chart, but from the perspective of bullish volume, there was no increase in volume.
Therefore, the next market trend will most likely continue to fluctuate at this position. One thing we must not ignore here is the effectiveness of trend background growth. Under the trend background of a bull market, the probability that the subsequent shocks will end and the market will continue to rise is getting higher and higher.
ETH is still in a weak stage. In addition, judging from the bullish trend on the weekly level, it means that the market will continue to strengthen. The current short-term resistance is still around 3800, and the effective support level is around 3500. You can pay attention to the support near 3500 during the day.
After the pie is halved, there will be a big bull market. How should the spot market be deployed in the big bull market brought about by the halving? Observe the following hot spots:
1. MEME: BOME, the MEME with the fastest listing speed on Binance and the smallest market capitalization on Binance, as well as the PUPPIES mentioned earlier.
2. The leader of the DEPIN concept: IOTX. Its Internet of Things protocol is actually similar to rwa's tokenization of real-world assets, so it designs the RWA concept itself. IOTX will be deeply integrated with SOL, and its technology can be used in DEPIN technology, which is likely to be speculated in April!
3. AI sector: AI intelligence will be a hot sector in this bull market. AGIX, FET, PHB, WLD, NEAR, etc. are all good layout targets!
4. The second-layer ecological sector of the pie follows the pie. After the pie is halved, there will be a big bull market. STX, ORDI, BADGER, and RIF are also good layout targets.
5. The game sector is related to AI, and both AI and games will be the biggest hits in the bull market. Xai, Magic, AI, YGG, gala, gmt, Pixel, imx, etc. are all good layout objects!
6.Layer2: STRK, the first ZK listed on Binance, has great potential!
Looking forward to the violent bull market after the pie is halved!
Recommend a few spot passwords:
FORGET
1. Buying point: buy in batches at 2.75-2.9.
2. The short-term target is around 3.2 (about 14.3% increase), the short-term target is around 3.75 (about 33.9% increase), and the medium- and long-term target is around 5.25 (about 87% increase).
3. Structural damage plan retreat point 2.35, look for opportunities to buy again.
4. Meet the recommended conditions: technical form, whale base, general environment, selling pressure, news, etc.
5. Manta will unlock 1.87 million tokens on April 1, worth approximately US$5.45 million, accounting for 0.75% of the circulating supply. I see that the consumption is almost there, so you can buy it.
JTO
The price at the time of recommendation was 2.7 and has now risen to 4.40, reaching the first target. 40% has been sold, and the remaining 60% will continue to be held, looking forward to the realization of the second goal.
The real thing is to be able to maintain loneliness before you can see prosperity.
Embracing the SOL ecosystem and gaining benefits is not because we have transaction skills, but because we are on the right side of history and embrace one of the great public chains that belong to the future of web3.
PYTH
1. Buying point: buy in batches from 0.89-0.94.
2. The short-term target is around 1.07 (about 16.3% increase), the short-term target is around 1.45 (about 57.6% increase), the medium- and long-term target is around 1.75 (about 90% increase)
3. The structural damage plan retreat point is 0.77, look for another opportunity to buy.
4. Meet the recommendation conditions: meet the technical pattern, meet the bottoming of whales, meet the macro environment, meet the selling pressure, meet the news, etc.
5. The oracle sector has been recommended to everyone before. Recently, I found that giant whales are buying, and the market makers are pretty good, so I have reset my target recommendation again.
RIF
First of all, April is the month of Bitcoin. The big ecological currency is worthy of layout. Recently, the project team has been working more frequently and the development progress has been accelerated. Secondly, the market value of rif is only 1/20 of stx, but there are 2755 rif and 303 STX in the lightning network. The value of rif is underestimated. Finally, in April, Bitcoin L2 will be very popular. There will be Merlin currency issuance, stx upgrade, rif hard fork and other hot topics. We are optimistic about the subsequent performance. Now around 0.30, we can do it in batches. Take the short and medium term.
PIXEL
Pixel had a chance to explode some time ago but was brought down by the market. It is expected to adjust for a period of time. The happy time for the game sector has not yet come. It is recommended to continue to buy low and hold it.
AVAX
There should be no market trend for avax in the near future. The local trend is volatile at first glance. It is recommended to wait and see for a few days.
SUN
The trend of sol in the past two days has not been very strong. Ecological projects are the first to break out. It depends on whether the ecological project can continue to pull the market. If it can continue, it will drive a wave of sol in the short term. The long-term price of sol is 500-1000, and it is mainly to buy low and hold.
With the European Cup in June, fan coins can be deployed. Ethereum ETF45 is likely to be approved in May, and strong coins in the Ethereum ecosystem can pay attention to Bitcoin halving, which may drive the Bitcoin ecosystem.
Finally, there are still many things that have not been written in, such as specific opportunities and specific decisions. These things often cannot be summarized in one article.
Create a high-quality circle, mainly to explain various basic industry knowledge in the currency circle, and recommend coins with market potential and altcoins! The rotation of hotspot sections, the basic methods of identifying tops and bottoms, how to better grasp this bull market, and a series of other knowledge. If you are interested, you can find me on the homepage.
