Bitcoin is rising steadily with an unyielding pace! With the early release of the big boss CZ today, the cryptocurrency circle is extremely excited. The price of Bitcoin has bottomed out and rebounded, and mysterious funds have once again stepped in to protect the market. On the other hand, the current bull market is not only not over, but has just begun. After BTC broke through 65,000 last night, the altcoins rebounded sharply. Several of them suddenly rose by 20%+.
$BTC is still hovering at 65,000. The daily double top diverges from the 4-hour double top. The upward momentum is not very strong. It is expected to fluctuate downward to digest the 4-hour double top divergence. It is estimated that there will be fluctuations during the 7-day National Day holiday. The operation space of Bitcoin is not very large.
$ETH breaks through 2800 on the daily line to break the downward trend. This wave is very weak. Pay attention to whether there is an opportunity to catch up. There are too many public chains. The Ethereum ecosystem is divided by other public chains. We can only look forward to the upgrade in the first quarter of next year.
$SOL is doing better than Ethereum. After all, the ETF will be launched next year. The daily line will break through 160 to start the bull market. Currently, it is in a 4-hour divergence correction.
With the recent positive news, from interest rate cuts to CZ’s release from prison, the exchange rate between Ethereum (ETH) and Bitcoin (BTC) has gradually strengthened, the performance of the entire public chain market has also significantly improved, resulting in Bitcoin’s market share. dropped significantly. This phenomenon implies the arrival of the altcoin bull market, and also implies that our time to make money has finally arrived!
After entering October, which is what we call Q4, the bull market will officially begin. At that time, various new gameplays or new memes will emerge, including ai, rwa, depin, etc., which will be sought after by the market again. Everyone should pay attention to them.
I am at the forefront of this bull market! Try to abandon the bearish mentality and welcome the coming of the bull market!
The peak season for altcoin mining is coming!
CZ is released from prison
Harris supports cryptocurrency
Fed plans to cut interest rates
FTX Launches Multi-Billion Dollar Repatriation
Several potential varieties worth paying attention to:
1. BNB CZ will be released in advance today, and BNB has attracted much attention. LP is about to restart, and you can consider entering the market when the market falls back, and the layout opportunity is better.
2. SUI is currently oscillating at a high level. It is not recommended to chase high prices in the short term. It is suggested to wait and see for the time being and wait for a more appropriate entry time.
3. BОМЕ is in the breakthrough stage and can continue to rise in the short term. It has a bottom support and is suitable for long-term investors to deploy in batches and hold on patiently.
4. JUP launched the Metropolis API platform with a support level around 0.8. You can consider entering the market at the support level to capture potential opportunities.
5. The first phase of STRK pledge has been launched, and the market shows that the bottom has been formed. Now is a good opportunity to enter the market and suitable for buying on dips.
6. RATS bottom shock correction is coming, and a new round of rise is about to start. Now is a good time to enter the market.
