BTC bulls are making efforts, will this round of "altcoin season" reappear?

Should I say it or not, this wave of altcoins is really about to start. You can make mistakes N times, but the key one must be there, otherwise, the previous sunk costs will really be sunk.

Recently, a number of altcoins such as WIF, SUI, SAGA, PENDLE, TAO, etc. have performed well, and most altcoins are also ready to move. If the big cake breaks through the previous high, I believe that most high-quality altcoins will also take off.

Shenyu said that there is no altcoin season! But the key is how to define the three words "altcoin season"? If it is not defined well, whoever says it makes sense, and whoever says it makes no sense! And it will be different from what many people think of the altcoin season.

Back to the market: BTC is still in a bullish flag trend at the daily level, and the shape has not changed. Only by waiting for the 70,000 bullish flag to break through, there will be a comprehensive rise in profits. From the 4-hour chart, BTC is building a sideways range and is blocked at 65,000. The pressure here has been tested twice and has not been broken. The overall bullish force is still relatively strong, and it is only a matter of time before it breaks through.

BTC

Contract operation ideas:

63300-63000 area long, stop loss 62500

ETH

Ethereum's on-chain gas fee has been gradually increasing recently, and the market has also begun to become active. After a round of rise, ETH is now in a sideways consolidation stage, with pressure in the 2800/2900 area above and support at 2550/2500 below.

ETH contract operation ideas:

Short-term long near 2610-2590, stop loss: 2560

Long near 2540-2520, stop loss 2490

PENDLE

As a popular currency in the election, Musk has been promoting this currency recently. It is only a matter of time before he starts again. The current four-hour channel is upward. Pay attention to the support of the 4/3.7 area.

PENDLE contract operation ideas

Long near 4-3.9, stop loss: 3.8

Long near 3.7-3.6, stop loss: 3.5

Due to the ever-changing market, contract trading is risky. The above strategies only represent personal opinions. It is recommended to plan an expectation in mind!