Analysis of the trend of altcoins

At present, the trend of altcoins still shows local violent fluctuations. Due to strong control of the market, the daily increase of some currencies often exceeds 30%. This situation is likely to continue, especially when the market is corrected, there will be more and more such currencies. Now there is no situation of overall linkage rise in the first half of the year. On the one hand, it is because too many new coins have diverted a large amount of funds, and on the other hand, it is because there is a lack of lasting narrative support after the hype.

MEME field

The MEME field is always full of vitality. The large-cap MEME coins on the $SOL chain that were newly launched this year are still worth paying attention to, such as $POPCAT, $MEW, $WIF, $TURBO and $BOME.

BRC20 inscription aspect

$SATS: A large positive line appeared at the daily level, and the increase has reached the previous high point area. The trading volume is more than twice that of the previous day. The daily MA30 line is on an upward trend, and MACD shows that the upward momentum is strengthened above the zero axis. Although there may be some resistance here, the upward momentum is still strong from the K-line pattern. It is expected that there will be a short adjustment and then continue to hit the pressure level near 3600. Spot chips bought at low prices can continue to be held.

ORDI: Affected by the rise of Bitcoin, there was a positive line increase. The daily MACD formed a golden cross of fast and slow lines below the zero axis. Although the daily MA30 line was slightly downward, the price was close to the MA30 line, which was a positive trend. The key lies in the performance of Bitcoin, with the pressure level at 34 and the support level at 27.