Yesterday, the cryptocurrency market still mainly acted according to Bitcoin's 'mood'. Bitcoin showed a bloodsucking consolidation and maintained a high position. In this situation, most mainstream cryptocurrencies are weaker than Bitcoin. Currently, Bitcoin is only about 1500 US dollars away from its previous high, giving a sense that it could break the new high at any moment. As expected, it broke through in the morning. However, the expected short-term growth after breaking the high may be relatively limited and still requires a pullback to solidify.
It should be emphasized that this article is merely a personal review and does not constitute any investment advice.
For Bitcoin, it is predicted to consolidate around 105000. The daily line continues to rise and breaks the high, but it may not deviate too much from the previous high, or it should have a significant pullback before the 27th.
BNB is expected to fluctuate between 700 and 740. Overall performance yesterday was relatively weak, and a breakout may need to wait until Bitcoin breaks through and enters a consolidation period. After all, these recent airdrops have not been able to lift it, and there may still be a slight decline when the airdrop ends.
Regarding Ethereum (ETH), due to continuous institutional buying, it can be expected to continue. It is suitable for buying on dips, especially when Bitcoin breaks a new high, Ethereum will have more room for growth.