Bitcoin successfully broke through the $6,5000 mark at around 23:00 last night (26), reaching a high of $65,831 at midnight, successfully setting the highest price since August 2.

Currently, the buying has weakened. It fell below $65,000 in the early morning and then pulled back. At the time of writing, it was temporarily reported at $65,288, up 2.4% in the past 24 hours.

Currently, the price trend of Bitcoin has approached the downward trend line that has not been broken in half a year. It is expected that US$66,500~67,000 will be a pressure, but at the same time, the trading volume of Bitcoin has not continued to increase. It is expected that it may consolidate at this price level for a period of time.

Whether there will be a false breakout of the falling trend line followed by a retracement, or a strong breakthrough with a large positive line, remains to be seen.

Good news: Bitcoin and A-shares no longer follow the US stock market

Stimulated by the central bank's interest rate cuts, reserve requirement ratio cuts and housing loan cuts, the A-share market also successfully reached 3,000 points yesterday. In just two days, the market went from 2,700 to 3,000. It's not an exaggeration to say that it took off like a rocket. Yesterday, the technical indicators of the big cake were all bearish and shaky. Who knew that after that, the big cake followed the A-share market and rose all the way, rising for a whole day.

When the U.S. stock market opened in the evening, Chinese stocks continued to rise after the A-share market during the day, but the U.S. stock market fell unexpectedly. However, the bitcoin price did not follow the U.S. stock market, but continued to rise. A large positive line broke through the pressure level of 65,000, hit 66,000, and closed down and fell back. It is currently consolidating around 65,000.

There are still 3 days left before CZ is released from prison. Pay attention to the ambush of BNB sector. HMSTR went online yesterday, and the opening price was about 0.012. The current price is around 0.0068, which has fallen a lot. The project team has eaten up more than half of the retail investors' coins, and they are engaged in insider trading and selling stocks. It is really difficult to get back to the opening price. The leeks who took over this garbage coin are in trouble.

With the altcoin market recovering, it’s time for those looking to diversify their portfolios to find the best altcoins to invest in today. Here are three altcoins that I think are worth buying.

1. CFX

Conflux has become a well-known player in the decentralized finance (DeFi) space, especially with its recent partnership with the Worldwide Stablecoin Payments Network (WSPN). The partnership brings WSPN’s stablecoin WUSD to the Conflux blockchain, aiming to enhance the platform’s capabilities in global payments and financial markets.

Currently, Conflux’s native token CFX is trading at $0.18, with a price increase of 17.32% in the past 24 hours. Over the past year, the token has gained 48% and remains above its 200-day simple moving average. It has demonstrated solid liquidity, performing well 57% of the time in the past 30 days, closing above its daily opening price.

As far as the short-term forecast is concerned, Conflux is expected to trade between $0.171272 and $0.192285 this week. If the higher target is reached, it could represent a 12.27% gain by September 30, 2024. The potential price range forecast for the next week is between $0.192285 and $0.239733, which means a 24.68% gain by October 7, 2024.

Looking ahead to 2024, Conflux is expected to trade between $0.171272 and $0.807359. If the upper limit is reached, this would represent a substantial increase of 335.79%. However, market dynamics and broader economic factors will influence whether these targets are achieved.

2. THETA

Theta Labs has launched EdgeCloud for Mobile, which allows users to contribute their smartphone’s GPU power as nodes in its decentralized network. In return, participants can earn TFUEL tokens. The platform aims to leverage the computing power of approximately 3.9 billion active Android devices to enhance its decentralized cloud infrastructure.

Currently, Theta Token (THETA) is priced at $1.50, having gained 4.41% in the past 24 hours. Over the past year, it has gained 137%, outperforming 61% of the top 100 crypto assets. THETA is trading 15.27% above its 200-day simple moving average of $1.33, indicating positive momentum. Moreover, 21 technical indicators are showing bullish signals, although the overall sentiment remains neutral. By October 26, 2024, the price is expected to increase by 5.09% to approximately $1.59.

Overall, Theta Token’s performance shows that it has stable growth, high liquidity, and is breaking through key technical thresholds. However, despite the optimistic market sentiment, caution is still needed in the short term.

3. The UN

OKX recently completed its 25th OKB buyback and burn, buying back and burning approximately 17.34 million OKB tokens, the largest burn in its history. The total value of the burn was approximately $661 million. Although OKX has previously stated that the buyback was related to seasonal market conditions and operational performance, specific details about the process remain undisclosed.

OKB is trading at $42.58, up 7.01% in the past 24 hours. The token has been trending upwards, with 16 of the past 30 days closing higher than the daily open, indicating strong bullish momentum. The overall sentiment based on technical analysis also points to a positive outlook.

In the short term, OKB is expected to trade in the range of $42.25 to $42.70, which could increase by 1.07% to $42.70 by September 29, 2024. However, the coin could see a slight decline next week, with a predicted price range of $42.35 to $42.70, which means a possible decline of 0.83% to $42.35 by October 6, 2024.

Looking ahead to 2024, OKB is expected to fluctuate between $39.92 and $56.26. If the upper target is reached, it would represent a growth of 31.78%, which has growth potential despite short-term volatility.