Dear family, we will see Bitcoin leading the mainstream value and sector shorts perform in the next couple of days, while altcoins will wait to enter the market in a week or two. Many friends ask why Bitcoin reaches new highs while altcoins do not move and even decline. This is because, in the entire crypto market, most funds are held by 20% of the main players. Bitcoin and mainstream value coins are their important chips; when Bitcoin rallies, funds flow back, causing altcoins to bleed out and decline. Therefore, we can expect altcoins to rise only after Bitcoin's mainstream rally, in a cyclical pattern.
Market analysis:
$BTC Bitcoin starts the new week with an upward trend, directly breaking 106000 and setting a new historical high. This week is a macro week, with the Federal Reserve's interest rate decision coming up; currently, the futures market shows a 99% expectation for a 25 basis point rate cut. The closer we get to the rate cut date, the more volatile the Bitcoin downward trend will become, with continued upward pressure. If Bitcoin can stabilize at 104400, the upper resistance levels to watch are: 105800~106700~107800. If it can't hold above 104400, we can expect a small pullback, with support levels to watch below: 102800~101500~100500, these key points indicate a continued bullish outlook.
$ETH Ethereum is about to break its historical high, it won't be long now, the main forces are once again sprinting above 4000, and Trump has heavily invested in Ethereum. This time, Trump is the main general, optimistic about the future market. The focus for Ethereum is around the 3950 range; if it doesn't break below this position, the upper resistance levels to pay attention to are: 4022~4091~4156. If it can't stabilize at 3950, we can expect a pullback, with support levels to watch below: 3873~3792 for buying opportunities.
$SOL currently has not broken the 4-hour downward trend line and is building momentum. However, there is already some buying action. The oscillation range is between 230~215. If it breaks above 230 and does not fall below the key point of 224, the upper resistance levels to focus on are: 231~246~259. If it can't break above 224, the market will pull back, with support levels below to watch: 215~203. If it dares to break, it dares to build positions in batches.
$DOGE Dogecoin continues to see a shrinking market, unable to break above 0.41, and can only look for a downward pullback. If it stabilizes at 0.4, the upper resistance levels to focus on are: 0.413~0.429~0.448. If it can't hold above 0.40, the support levels below to watch are: 0.388~0.375, buying on dips and building positions in batches.
