Bitcoin rebounds to $28,000! These coins have the potential to rise.

In the face of the conflict between Israel and the Palestinian Hamas organization, the US S&P index closed slightly higher for two consecutive weeks, and the safe-haven asset gold rose 5% last week. However, Bitcoin closed down more than 3% last week and did not seem to benefit from the war.

However, Bitcoin has suddenly risen from a low of $26,800, and its market share has been hovering around 50% in the past few days. The longer its price remains above $25,000, the greater the possibility of the next move higher.

For now, investors can pay attention to whether Bitcoin can stand firm at the 20-day exponential moving average (EMA), which is around $27,110 in the future; the upper stage resistance is at $28,143, which may attract short-selling defense.

If Bitcoin's bullish trend continues, it may stimulate the "buying momentum" of some mainstream currencies. He also shared 4 mainstream currencies that have formed signs of bullish foundations. If they break upward, they may start a new upward trend.

Solana（sun）

Solana ($SOL) is seeing a battle between bulls and bears near the 20-day EMA ($21.77), which suggests that bulls are trying to turn this level into a support.

From the daily chart, $SOL currently has a small resistance at $22.5. If it can successfully break through, it may rise to the neckline of the head and shoulders pattern and complete the bullish breakthrough. At this time, $SOL will face strong resistance at $27.12, and then it may be expected to rise to a high of $32.81.

However, if the price breaks below the 20-day EMA (around $20.5), the bullish signs in the short term will disappear and it could fall further to the $18.58 and $15.33 support levels.

From the 4-hour trend, it stagnated near the moving average for a while before finally falling below the 20 EMA, which means that the bears may have a temporary advantage. If it falls below $20.93, it may further drop to the $20 integer.

However, if the 20 EMA can hold, it means that the market's bargain-hunting buying is strong. If it breaks through further and closes above the 50 MA, it is expected to rebound to $23.5 and reach the neckline on the 4-hour line.

Read DAO（LDO)

The well-known staking protocol Lido DAO ($LDO) has also shown good signs recently. $LDO has also been hovering near the moving average in the past few days, indicating that the bears may be losing control. The current moving average trend on the daily line has flattened, and the relative strength index (RSI) has also jumped to the buy zone, indicating that the bulls are trying to make a comeback. He said that the current key resistance level of $LDO is $1.73. If it breaks through this point, it is expected to climb to the downtrend line, as shown in the figure below.

If $LDO falls below the moving average (around $1.56, $1.549) and there is a big drop after each small rebound, it may fall to the important support level of $1.38.

From the 4-hour trend, the 20 EMA has begun to turn up, and the RSI is also in the buy zone, indicating that the bulls are gaining the upper hand. Although there is a small resistance at $1.63, it is predicted that it may soon break through, and then it will be expected to rise to $1.73.

It will be important for the price to break below the moving average quickly if the bears want to take control. If $LDO breaks below the moving average on the 4-hour chart, a pullback to the $1.45-1.5 support area is likely.

VeChain（VET）

VeChain ($VET) has been trading within a descending triangle pattern over the past few days. While this would normally represent a bearish move, Upadhyay found that $VET has been trading just below the downtrend line, which is a positive sign.

From the daily chart, the two moving averages of $VET have flattened out, and the RSI is close to the neutral zone, which means that the selling pressure may be easing. If it can further break through the downtrend line, it may challenge the $0.021 level; on the contrary, if $VET falls from the current price, it means that the bears are still desperately defending the downtrend line, and it may fall to the key support level of $0.014.

The market trend is already quite clear, seize the opportunity!

Buy more valuable assets and wait for the profits!