The last train to spring?
Bitcoin completed its second test yesterday and rebounded as expected, reaching a high of 99488, very close to the rebound high of 99540 on the 21st. However, compared to the trading volume during the decline from the 19th to the 20th, the trading volume during this rebound is still relatively small, and the rebound is too steep, lacking sustainability; yesterday, the combined net outflow of the four Bitcoin spot ETFs with indicative functions - FBTC, ARKB, BITB, and BTC - was $149.7 million, and Bitcoin ETFs continued to sell off on a large scale.
Considering there are a large number of trapped positions between 100,000 and 103,000, the probability of Bitcoin breaking upwards in such a market environment is relatively low, entering a consolidation phase, but as long as it does not fall below 97,000, we can remain bullish! Short-term resistance for Bitcoin: 103,000, short-term support: 97,000.
Are you anxious when it drops, and anxious when it rises?
Are you afraid of missing the rebound when it drops, or afraid of not buying the coins that rise the most when it goes up? Looking at the popular coins recently, such as zen, lpt, FTT, etc., our internal team entered early and tracked real-time market conditions, and those who entered later also made a profit!
When the market starts, the most important thing is to hold on to your leading assets. Just like LPT during the previous rebounds, the trend wasn't that strong. I was analyzing and tracking it in the group in real-time, and later published articles on the public account. Those who listened to it became wealthy first. Yesterday, Grayscale surged 30% in a day. And with CRV and others, what was strong yesterday may weaken today, and what was average yesterday may become very strong today. It’s all about rotating upwards; good coins just need to be held, and looking back, they all double. But if you keep switching back and forth, you won't earn much in the end, and as soon as it drops, you’ll incur direct losses.
Now the altcoins have already been oversold in advance, and a bottom has formed.
No matter what, the fluctuations in these weeks will be the last opportunity to board, and I am very optimistic about the performance of altcoins in 2025. Leading the way is Ethereum (ETH), which is valiant and accompanied by a group of younger brothers charging into battle. Ethereum's trend is even more stable than Bitcoin. The WLFI project of the Trump family also bottomed out on ETH during the weekend's plunge, and I heard that institutional ETFs made significant purchases last night. So I think this wave of correction is your last chance to board, because in three months it will rise to 8000, you must seize this opportunity!
Additionally, this situation of Musk being 'elevated to death' may lead to trouble.
Because the recent decline in the US stock market and the crypto market is not only due to Powell, but also a lot of factors from Musk. Last week, the US government almost shut down, did you know? The reason is that old Ma is using Twitter to govern, directly using public opinion to veto the government budget, almost causing the government to shut down.
There are even some officials who say that Musk has become the shadow president. There are even talks of supporting him to become the speaker. I think those who say this may not really support Musk but are trying to elevate him, as he is currently under military investigation. However, I don't think there will be any issues. But with Musk constantly pointing out everything, I really feel nervous for him.
Next, the entire market will also enter a trend of new coins, which means the market for coins that have just been launched will emerge. Prepare in advance for the following potential coins:
cow:
This is a Trump concept coin, which generally tends to be speculative and can rise and fall. Currently, the price has already exceeded the 0.9 I mentioned yesterday, making a straight breakthrough past 1.0. No need to say anything else, just one word!
move:
The price has stabilized above the opening price for 6 days. This position is very stable. If the price breaks through the previous high, it will be even better. In the short term, this is when they are rampant, without any selling pressure, a suitable time to release the appropriate energy!
PENGU:
Fat Penguin Coin, I mentioned this a few days ago; basically, that day was the lowest point, and it has already risen. It still has room for speculation in the short term.
