According to liquidation data, Bitcoin currently has strong support around $94,000, so a significant drop in the short term is unlikely. The current market atmosphere is leaning towards altcoins, with most funds flowing into altcoins. Although Bitcoin's market cap ratio has dropped to around 55, if it continues to approach 50, altcoins should be cautious as they may hit a short-term peak. Therefore, in the short term, pay attention to the risk range around 52, and it is expected that Bitcoin will rise again after a pullback.
Short-medium term opportunities for Ethereum
Although Ethereum has risen significantly from $2200 to $3766, the main upward wave has not fully started. Look at XRP, which has been continuously rising, while Ethereum has seen a spike followed by several days of stagnation, and is now in a consolidation phase. A new wave of upward movement is expected soon, so if you can buy at a lower price in the near term, you can focus on accumulating, aiming for a short-term surge to around $4000. Based on the previous upward rhythm, it may first retest the $3500-3550 range before continuing to rise and challenge $4000. After all, many mainstream altcoins have already broken through their early-year highs, and as the leader among altcoins, Ethereum has a good chance of a rebound.
Low buy opportunity for SOL
SOL has recently undergone some adjustments. It is supported by American capital, and when Trump comes to power, SOL may continue to be hyped. The ideal low buy price is around $200, and you can gradually accumulate in the $200-220 range. Although $264 is not a historical high, there is still a 30% upside from $200. Many people even predict that SOL could surge to $1000, so whether for short-term or medium-long-term, it is worth accumulating at low prices.
Short-term potential of WLD
As a well-known project in the AI sector, WLD has just started to rebound from the bottom and may initiate a significant rebound similar to the beginning of the year. Although most of its tokens have not been unlocked, this does not affect short-term speculation. You can start accumulating around $3, as there is good upward potential in the short term.
Rebound opportunity for MKR
MKR, mentioned yesterday in the RWA sector, experienced a sharp drop followed by a significant rebound, rising from around $1800 to over $2200, with a rebound of more than 20%. Each pullback in a bull market is actually a good opportunity to build positions, especially for high-quality assets like MKR. Currently, market funds are limited, and sector rotation is quite obvious. If your positions have not seen significant rebounds, it is still advisable to be patient and wait, rather than switching assets lightly, as funds will rotate through different projects.
Today's article ends here. Welcome to come and play together on the homepage~
Investment carries risks, and the above content is personal sharing and does not constitute investment advice!
