September 27, 2024

Bitcoin surpassed $65,000 last night

The market is stronger than I expected. I thought Bitcoin could hold down $65,000, at least until next month before breaking through.

Now it seems that it cannot be suppressed at all.

These days, Bitcoin has tried to break through $65,000 many times and has come close to it several times, but it finally couldn't be held back last night.

Facing the market outlook, the bulls have already secured victory

Judging from the current market situation, the overall market has entered a short-term sideways state, and the overall market will be in the range of 64000-66500. Ethereum's performance is not very good compared to the overall market, and it will be in the range of 2580-2720 in the short term. The trend of Sol is still okay, and it will be in the range of 150-163 in the short term.

Last night the market broke through 65,000 and went straight to 66,000. This is consistent with what I said before that after breaking through 65,000, many short positions will be liquidated, and there is a chance that it will go to 66,000.

Next, we will focus on whether the market can stabilize around 65,000. Personally, I think it can stabilize around 65,000. After all, the overall market trend is still strong and the upward trend has not changed.

The Fed cut interest rates for the second time and the US election is just around the corner. The general trend is upward, and selling can only hold off for a while.

It's difficult to resist the continuous buying.

Five popular meme varieties worth locking in:

DOGE: An old brand MEME coin with strong cultural attributes. With the support of Musk, it led the way in the last bull market. It is expected to have an impact in the second half of the year.

SHIB: The astonishingly rising variety has created a legend of a ten-thousand-fold increase. Although this round is not as crazy as the previous one, the momentum is still strong.

PEPE: Frog Culture is the star of this round of bull market. Although it has experienced internal team orders, it has been listed on mainstream exchanges after a deep wash. It has strong consensus and strong K-line trends, and is expected to have a considerable increase.

FLOKI: A multi-purpose Meme coin that has performed strongly in the bull market. The team continues to destroy tokens and has a wide range of uses (payment, mortgage, governance).

BOME: The market value is the lowest but the potential is huge, and the K-line oscillation is obvious

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#btc #比特币突破7万美元 #CZ平安