$BTC The pullback from the high has reached nearly 30%, shaking confidence, but it has not ended the bull market.
The transition between bull and bear markets requires a long process of building a peak, with repeated tug-of-war and alternating waves of rises and falls being the norm; a bear market that falls straight to the bottom almost does not exist.
Currently, it is just a normal wave adjustment, and the coming rebound is crucial:
1. If it can consistently break through key levels and achieve new highs → Bull market continues
2. If the rebound is weak and steps down → Risk of building a peak increases
The range of 86500—88000 is the area we need to pay close attention to; for the medium to long term, there is still more opportunity than risk, so stay alert, as opportunities always arise during declines.
$DOYR The logic of going up Alpha is very clear: basically, those who can directly rush to Alpha now are all backed by Binance's capital controlling the market.
The process is roughly: first use self-owned funds/cooperative funds to make the K-line look beautiful → directly enter Alpha → after a few days, go on contract → then seamlessly go on spot, everything arranged in one go.
Last time $恶俗企鹅 went live, it also surged high and then started to wash the plate, dropping to 3.5M before being pulled up directly to 12M.
If we follow this rhythm, after $DOYR adjusts to 4—6M, we can consider gradually entering.
Bitcoin Cash ($BCH ) is currently leading among major mainstream Layer-1 blockchains, with a price increase of about 40% expected in 2025.
The brief rebound is not just a temporary bounce; it is a strong signal of a high-quality asset that the market has long undervalued.
BCH's strong rise is benefiting from its repositioning as a 'value' asset, and it is approaching recent highs on the weekly chart. After maintaining the $600 mark this week, it is set to welcome a new acceleration breakthrough.
Not long ago, the market was in a panic, and even chatting with friends over drinks, they said we had to see 60,000, and after the monthly line closed on Monday, it started to spike.
As a result, today is only Thursday, and the market has changed again. Charles Schwab, Vanguard, and Bank of America took turns announcing that they would open cryptocurrency investment channels for clients.
At the same time, the SEC chairman has also been interviewed continuously, hinting that "a major event in the crypto market is coming soon."
We have to admit— in this game, retail investors are always one step behind.
Ethereum launched a major update last night: the 17th upgrade "Fusaka" went live on the mainnet, just 7 months after May's Pectra, shifting from an annual upgrade cycle to a semi-annual one, with the coin price surging to 3200 USD!
This upgrade includes 9 core EIPs + 4 supporting proposals, making it one of the most significant in history. The newly introduced PeerDAS technology greatly enhances data availability and scalability efficiency, with a dual upgrade in user experience and network performance.
From annual upgrades to semi-annual upgrades, Ethereum is speeding up comprehensively to address performance and security pain points.
Next, the Layer 2 and DApp ecosystem is expected to usher in a new wave of growth. $ETH if this wave successfully breaks 3366, it will also welcome a new upward trend.
This is a pragmatic and forward-looking update that strengthens Fireverse's leadership position in the Web3 music space. If successfully implemented, it will help the platform transition from an 'experiment' to an ecological hub.
Today, the trading volume of $FIR has also suddenly increased a lot, and the market value is only over 6 million. If this wave can rise, the sudden increase in trading volume may indicate the launch of Binance contracts.
辰说财经
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Bullish
$FIR has been on a continuous decline since its launch on Binance Alpha, even breaking new lows, but it has recently pulled back up from the bottom.
After all, it is the Nobody project backed by Stephen Chow's movie IP, collaborating with Kay Tse and a bunch of big names to create a music ecosystem, an IP-supported Web3 music platform, which has significant potential.
Some tokens that launched on Alpha have started to decline continuously, but once they gain momentum, they can rise quite strongly, so it's worth paying more attention to them.
Right now, this upward movement from the bottom seems to be brewing a big move, gathering strength to surge.
The "vulgarity" of $恶俗企鹅 very well reflects that rebellion against order is a universally present psychological impulse, which can resonate with everyone and seems advantageous in comparison.
$FIR has been on a continuous decline since its launch on Binance Alpha, even breaking new lows, but it has recently pulled back up from the bottom.
After all, it is the Nobody project backed by Stephen Chow's movie IP, collaborating with Kay Tse and a bunch of big names to create a music ecosystem, an IP-supported Web3 music platform, which has significant potential.
Some tokens that launched on Alpha have started to decline continuously, but once they gain momentum, they can rise quite strongly, so it's worth paying more attention to them.
Right now, this upward movement from the bottom seems to be brewing a big move, gathering strength to surge.
In simple terms, it means to "cut off the roots" of those gray chains that use domestic funds and users to circumvent foreign platforms for cryptocurrency trading.
$BTC The short-term price has strongly broken through the 90,000 mark, and this upward momentum is expected to continue.
This marks the initial establishment and correction phase of the rebound trend, and the support foundation for this initial rebound is gradually being built from another round of expected bottom structure, with the entire process gradually unfolding here.
辰说财经
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$BTC The pullback from the high has reached nearly 30%, shaking confidence, but it has not ended the bull market.
The transition between bull and bear markets requires a long process of building a peak, with repeated tug-of-war and alternating waves of rises and falls being the norm; a bear market that falls straight to the bottom almost does not exist.
Currently, it is just a normal wave adjustment, and the coming rebound is crucial:
1. If it can consistently break through key levels and achieve new highs → Bull market continues
2. If the rebound is weak and steps down → Risk of building a peak increases
The range of 86500—88000 is the area we need to pay close attention to; for the medium to long term, there is still more opportunity than risk, so stay alert, as opportunities always arise during declines.
On the weekend, $BTC started a rebound market, with an increase close to 10%. If it can steadily stand above the 90,000 USD mark, the main upward trend will continue.
In the past, I always hoped for major movements on weekdays, but now I begin to fear fluctuations on weekdays.
The rhythm of rising during the day and adjusting at night has been repeated for the past two weeks; it is worth noting whether it can break the inertia tonight.
124000 points: It's hard to buy a cow's return 113000 points: The best investment position for the next ten years 102000 points: Bitcoin has already dropped as low as it can 98000 points: Shorting is quite dangerous 85000 points: A mid-term investment opportunity is coming 76000 points: The current point level is not suitable for blind selling 54000 points: The cost price of Bitcoin mining 43000 points: Eighty percent of investors believe the market has bottomed out 30000 points: It can never drop below 22000 points: Bitcoin has lost all hope 15000 points: Bitcoin must start over