Just a casual talk, a new week:
1: The large pancake slowly retreated to around 95700 yesterday and quickly rebounded to 98000, proving that it has entered a consolidation phase. Next, it will still oscillate in the range of 96000—98000. Meanwhile, the market cap proportion encountered resistance at 62% in the past few days and fell back, which is what we want for the altcoin rally season!!
2: The Ethereum exchange rate has finally stabilized at 0.034 this time, without continuing to decline. The weak phase is over. Yesterday, the group reminded us of the strong support at 3280, which held steady. Next, we will continue to push upwards. In the afternoon, pay attention to whether it can stabilize at 3385, and we will continue to rise.
3: SOL actually just needs to maintain its position at a high level and continue to push up. The support below is around 243, and having exceeded the previous high, there is no more resistance, just adjustments are needed.
4: The rotation of altcoins has involved established public chains, the metaverse, and foundational frameworks, which have all moved. What remains are storage, AI, and the BTC ecosystem. Currently, there hasn't been much movement in these areas. FIL, WLD, and ORDI are worth paying attention to.
