Bitcoin is showing a triangular pattern on the 4-hour level, and a shift is imminent. If it loses the 93000 level, it will challenge the previous low of December 20. If it breaks the previous low, it may drop near 90000. However, once it reaches that point, the space will be limited. You can buy in batches in the spot market, while leverage can be observed for a while longer. Pay attention to the weekly and monthly closing lines the day after tomorrow, and have an optimistic view on the first quarter's market!
Recently, Ethereum has performed significantly better than Bitcoin, with strong support at the 3300 point level, and the rebound strength is also stronger. From a weekly perspective, after a significant drop, last week closed with a bullish candle, and the distance between the K-line and the 14-day moving average has basically been restored, indicating that the rebound trend still has room to continue. The daily level shows that every rebound and retreat's bottom is gradually rising, and the trend is stable. If Ethereum can hold above 3500 points, it may drive altcoins to a wave of increases.
Currently, on-chain AI is mainly divided into two camps: one based on the SOL chain and the other based on the BASE chain. Although there are related projects on ETH, their popularity is not as high as the first two. The AI projects on BASE revolve around VIRTUAL, while the SOL chain presents a flourishing situation.
Here is a brief summary of the AI track:
The AI track continues to attract attention on-chain, with projects in different fields developing rapidly, bringing more innovative opportunities to the market.
I have already reminded everyone to pay attention to AI-related narratives last week. Those who followed along with PHA and ATA have also gained quite a bit!
For friends who are not very familiar with the concepts related to AI Agents, you can continue to follow Xiao Miao! Recently, it's essential to participate in the popular tracks! Over the weekend, altcoins performed strongly, with good gains for The and Vana, but as mentioned yesterday, once profits reach expectations, you should take profits and strictly execute the plan. Today $PNUT (squirrel) seems to have main force involvement, and the daily MACD bearish volume is decreasing, so consider entering around 0.62.
$BICO How to choose the timing for entry?
We use a 3-day cycle as a reference, and the current market shows a pullback rebound trend. If this is a strong rebound, the green area is unlikely to pull back again. Therefore, if you are optimistic about $BICO, now is a good time to enter. Compared to the resistance above, there is still considerable room for growth.
$COW When will the rally happen?
When will Trump's wallet start buying digital currencies? Once this time point is reached, the possibility of a rally is high. There is a lot of speculation in the market right now, but there's no need to worry too much; the current decline is actually clearing leverage. Be patient, and once news of Trump buying coins comes out, perhaps a new situation will arise.
This week's unlocking projects include Op Sui, zeta, dydx, Ena, and kas.
The recently mentioned RWA track strong controlling project RSR continues to perform strongly. From a technical perspective, the K-line trend is also very stable, making it suitable to continue holding for a rise. Many holders have weakened confidence and patience. However, this washout state is expected not to last too long, so be patient and wait for the market to warm up!
Today's article ends here. Currently, we are in a bull market with a lot of activity. We share passwords every day. If you're unsure how to navigate the bull market, feel free to follow us for strategies and market insights that can be shared for free.