The election is over, BTC hits a new high, and LINK makes a cool debut and soars to the sky!
Donald Trump’s victory in the US presidential election has been the main catalyst, sparking bullish sentiment in the market as Bitcoin hits new daily all-time highs, recently reaching $76,203. Bitcoin’s rally has begun to spread to other cryptocurrencies, especially Chainlink (LINK), which is now showing signs of a bullish breakout. With renewed investor optimism, LINK could soon reach $40. Chainlink (LINK) Sends Bullish Signals LINK’s weekly chart is currently showing a “falling wedge” pattern, a pattern that often signals a potential uptrend. Meanwhile, LINK’s immediate resistance is located at the upper boundary of the wedge pattern, around $15, which is crucial for a breakout.
Tomorrow, November 8th at 3 am, #美联储公布利率决议 After Bitcoin broke through the new high, there has not been a significant retracement. Pay attention to the sharp fluctuations in short-term prices.
The total market capitalization of cryptocurrencies (TOTAL) and Bitcoin (BTC) continue to rise, with the latter reaching a new high (ATH) of over $76,400. The meme coin First Neiro (NEIRO) on Ethereum has benefited from these bullish signals, rising 53% in one day. The cryptocurrency market is booming In the past 24 hours, the total market capitalization of cryptocurrencies skyrocketed by 9.5%, increasing by over $216 billion. Currently, the total market cap is about to break $25 trillion, indicating a revival of investor confidence and an increase in overall activity in the cryptocurrency market. If the total closing price exceeds $25 trillion, it is expected to maintain this upward trend, indicating further growth potential. However, even if this milestone is not achieved, the solid support at $24 trillion is expected to protect recent gains and stabilize market sentiment.
Overcoming all difficulties! SOL breaks out, a new round of explosive growth is about to ignite the market!
Solana (SOL) is the fourth largest cryptocurrency by market capitalization and is expected to set a historical high after breaking through key resistance levels. With cryptocurrency supporter candidate Trump winning the US presidential election, the sentiment in the entire cryptocurrency sector has shifted from a downward trend to an upward trend, leading to a breakout for Solana (SOL) and other cryptocurrencies. Solana technical analysis and upcoming levels SOL has experienced a significant price surge, leading to a breakout from the sloping resistance level it has faced since March 2024. Previously, whenever the asset's price approached this level, it encountered selling pressure and price declines.
The price has rebounded exactly to the upward trend line, encountering resistance and pulling back as we predicted yesterday.
The stage-bottom pattern has been confirmed, and the pullback is for better upward movement. We have always said that RATS's main trading strategy is quite straightforward; the pullback is a great opportunity for you to get on board.
Prices are following the strong rise of Bitcoin and have encountered resistance at the ascending trend line.
In the short term, there will be a continuation of upward movement, after which a pullback is expected. Once the adjustment is complete, it will continue to rise, and there will be no crash, so there is no need to worry too much.
$SATS #sats(SATS) Due to the strong rise of Bitcoin, the inscription sector is generally in a state of sharp rise. In the short term, it can still rush up with the trend, and then it will go down and step back. The position of the step back is in the 2350-2250 area, so remember to get on board.
#BTC☀ set a historical high, altcoins are currently just following the rise, and a major market trend is not expected to occur immediately. We need to wait for Bitcoin to continue rising and then establish support above 73600 before altcoins will start to perform. The major market trend for altcoins generally starts one to one and a half months after Bitcoin sets a new high.
SOL rises, TON falls, and crypto markets see major volatility
Solana made a huge leap, rising 17% to $188. This allowed it to surpass Binance Coin (BNB) to become the fourth-largest cryptocurrency by market cap. On the other hand, Toncoin slipped down the rankings, falling from 9th to 11th. So, what happened behind the scenes with SOL rising and Toncoin struggling? SOL rises on potential ETF hopes Many believe that SOL’s recent rise could be tied to political factors in the United States. With former President Donald Trump leading in the polls, some believe that a crypto-friendly government could re-emerge. If so, Solana could receive ETF approval, a move that would open new doors for the token. Daniel Cheung of Syncracy Capital even suggested that a favorable outcome to the election could eventually push SOL closer to the $1,000 mark. It’s a pretty optimistic view, but it’s one that has caught the attention of investors.
3 Altcoins Set to Set New Highs, Targeting 5,000% Returns in November Bull Run
As November approaches, crypto investors are eager to explore altcoins with high growth potential. Recent market changes and renewed interest in digital currencies have led to some promising tokens. Let’s analyze three standout altcoins, each with unique qualities and strong growth potential. ETH
Ethereum's price has been volatile lately. Over the past week, Ethereum's price has fallen by about 1.8%. However, over the past month, Ethereum's price has risen slightly by about 1.88%. Over the past six months, Ethereum's price has fallen by a larger amount, about 18.2%. The nearest resistance level is $2,841.
FLOKI's downward trend continues; can the election results trigger a recovery?
Due to the volatility from the US election, FLOKI dropped by 20%, erasing all gains from October. Key support levels at $0.00012 and $0.00069 may determine future price movements. On-chain indicators show stable accumulation, indicating that prices may rebound soon. In October, FLOKI's price movement was like a roller coaster. After an impressive performance, the token faced a sharp decline in early November. The volatility from the US election brought uncertainty. As a result, FLOKI dropped by 20%, erasing all gains from October. How long will this pullback last before a recovery begins?
Today, the total cryptocurrency market capitalization (TOTAL) and Bitcoin (BTC) surged, with the latter even hitting a new all-time high. Among altcoins, memecoin Goatseus Maximus (GOAT) took the top spot, gaining 44% in 24 hours as the US election results favored Donald Trump. The cryptocurrency market is growing rapidly The total cryptocurrency market capitalization grew by $205 billion to $2.42 trillion. The growth pushed the total market value to its highest level in three months, driven by Republican candidate Donald Trump's lead in the US election, which sparked market optimism and stimulated buying interest.
Bullish? Bitcoin hits record high! 750,000 USD kicks off crypto bull market!
Bitcoin breaks new high! Soaring to $75,000! Bitcoin has managed to break its previous all-time high and hit a new high of $75,656. The largest cryptocurrency has surprised everyone with a massive 9.4% increase in the past 5 hours. This is a big win for BTC as it missed the expected gains in October. The price increase coincides with the rising odds of Donald Trump winning.
People in the cryptocurrency circle should all support Trump. No one will be at odds with their own positions. The market represents everything. Although I think that no matter who is elected, the trend of BTC cannot be stopped, but Trump's election will undoubtedly accelerate this process. Go for it!
Bitcoin has surpassed 73,000, essentially recovering all of the previous downward trend, which clearly indicates it is heading for a new historical high. Therefore, regardless of the outcome of the U.S. presidential election, whether Trump wins or Harris is elected, Bitcoin will break through 74,000 and set a new historical high. Any obstacles in front of Bitcoin are mere paper tigers #BTC☀
NOT is ready for a bull market reversal! The bull market spark is about to explode!
Notcoin’s price has dropped by 3.02% in the past 24 hours and is trading at $0.005802. The falling wedge pattern signals a potential rebound. The price of Notcoin [NOT] has dropped by 3.02% in the past 24 hours, with the token trading at $0.005802. The market cap rose to $594.42 million, up from the previous day. Despite the price drop, the market showed resilience, although trading volume fell 9.08% to $86.19 million. Trading activity indicates moderate market interest, with a volume-to-market cap ratio of 14.49%. NOT’s fully diluted valuation (FDV) remains at $594.38 million, indicating market confidence in the token’s long-term potential.
We mentioned yesterday that RATS has already formed a bottom pattern, and it is the fastest to end the adjustment within #铭文三傻 .
In terms of trends, it will temporarily synchronize with Bitcoin, and the price will further rebound and rise. After that, there will be a secondary decline to retest the level. The retest is your opportunity to get in, don't miss it.
The trend is moving in sync with Bitcoin, and there will be another wave of upward rebound. After that, there will be a second decline and a pullback, and the pullback is your best opportunity to enter.
We have been saying that the 28-31 range is a great buying area for the past couple of days, and I believe many friends have already gained a nice short-term profit.
The price follows the rebound of Bitcoin, and the short-term trend still follows Bitcoin. This rebound has not yet ended, and there is still upward momentum.
After this rebound, there will be another daily level pullback, and a pullback to the previous area around 1900 would be a very good entry position.
Currently, it seems to be following the normal script, with Trump leading in the election. More aggressive funds have already stepped back, bringing Bitcoin back to the mid-price of 71,000. The subsequent major market movements will depend on the final results of the election and the different interest rate cut strategies resulting from those different outcomes. The information density will be very high in the next couple of days. Those with low risk tolerance can exit, while those with high tolerance should stay alert and implement take-profit and stop-loss measures. #美国大选后涨或跌?