After Bitcoin stabilized at 89700 at night, it directly touched the first pressure level. It has now stabilized at the 4-hour level bullish position, indicating that this 4-hour level correction is over. The next step is to see if it can break through the previous high position. If it cannot break through the daily level, it will continue to fluctuate sideways at a high level!
Pay attention to the position of 90890 today. As long as the 1-hour level does not fall below this position, the market will continue to rise. Pay attention to the upper pressure level near 91930-93400!
If the 1-hour level falls below the support level of 90890 today, the 1-hour level will start to pull back, and the support level below should be around 90090-89430-88465! (As long as the 4-hour level does not fall below 89430, the small level will still go up)
Let’s talk about altcoins. Judging from the changes in the market value of altcoins this year, there has been a clear upward trend since September. This shows that the spring of altcoins is coming and we are in a critical period of outbreak.
So, what is the logic behind the rise of altcoins?
We are currently in the early stages of a rate cut cycle, which means that there will be more liquidity in the cryptocurrency market in the future. The flow of funds is also directional, from real estate to stocks, and then the excess to the cryptocurrency market.
After entering the cryptocurrency circle, the first thing is to fill the mainstream, such as the big one Bitcoin, the second one Ethereum, and the third one Solara. When they have risen to a certain level, the overflow funds will go to the copycats with smaller market capitalization to pull them up.
Looking at the changes in the market value of copycats this year, we can see that there has been a clear upward trend since September, so copycats will definitely have their spring, and we are currently in the early stages of an outbreak. Which ones do you think are of high quality and worth holding on to?
We are currently in the early stages of an impending explosion, and we can plan ahead for potential explosive coins.
NEURO
Neiro saw a 30.29% increase in early July, and as the overall market of memecoins rose, Neiro also successfully followed this trend and continued to maintain strong growth momentum recently. In the past few weeks, the memecoin market has shown explosive growth, and Neiro has also stood out and set a new high.
Looking at market performance, buyer interest in Neiro is increasing significantly, indicating strong upward momentum. The number of Neiro addresses has reached 198,000. This growth further reflects the bullish market sentiment and also means more long-term support, possibly from new retail or institutional investors. Buyers completely dominate the current market and pressure to accumulate positions could push Neiro further higher.
ABOUT
Sui coin has had a strong year, climbing from a low of $0.61 to a high of $3.51, up 48% in the past seven days and 68% in the past month. This strong performance highlights its growth potential and makes it an attractive option for investors compared to other altcoins that have suffered greater losses.
$SUI’s market cap has exceeded $9.74 billion, and as its ecosystem continues to develop, $SUI is likely to grow further, potentially reaching a market cap of $10 billion to $15 billion.
