💥💥Market update #crypto: according to AI
1. Bitcoin ($BTC ):
- Currently, #Bitcoin is experiencing a liquidity shortage. This happened almost in the second quarter of each year. Bitcoin ETFs have reduced trading volumes to collect BTC.
- BTC price is currently fluctuating between 60,000 and 74,000 USD. The 60,000 USD price range for BTC and altcoins is very important. If BTC breaks this zone, altcoins may find a new bottom in the near future. BTC is expected to return to the $60,000 mark, corresponding to the 89 EMA on the daily time frame. We need to observe more market fluctuations, and if BTC breaks the 60,000 USD mark, it can be assumed that BTC will find the 56,000-57,000 USD area1.
2. Total 2 (Total crypto market value):
- After Total 2 fell to the area of 950 billion USD, there was a small recovery. However, the barrier of 1.1 trillion USD has not yet been overcome. If you want to collect altcoins, wait for Total 2 to return to the 950 billion USD area to observe and collect gradually.
3. Ethereum ($ETH ):
- To maintain the bullish wave, ETH needs to keep its price above the $2,900 zone. If this is done, ETH can continue to reach the $4,000 mark.
* Note: If you have invested in altcoins and are writing losses without the money to DCA (price averaging), sit tight. Consider restructuring your portfolio by switching to safe coins like ETH or current trending projects like #RWA: #AI #GAMEFI.
* If you have already bought and still have money left, please reconsider the project you are investing in. Check to see if the project has developed recently, and consider a portfolio transfer or DCA when Total 2 returns to the 950 observation and buying zone.
* If you are keeping 100% of the money, great! Let's wait for BTC to react at the 60,000 USD mark and keep an eye on the hot trending coins I mentioned
- If you have any comments, don't hesitate to leave a comment to discuss in a civilized way.