Bitcoin hits a new historical high, when will other sectors explode?
Yesterday, Bitcoin was influenced by news and surged higher. If it can maintain a price above 110,000 for more than two days, the upward trend will not be over. As mentioned earlier this month, the market will continue to rise; after adjustments, there will be opportunities to buy at lower prices. Many coins will be driven up as Bitcoin continues to hit new highs, and high-quality sectors that have been accumulating will also explode.
Returning to today’s market: Currently, Bitcoin can only stabilize above 111,000, and if so, the market will continue to break through new heights. The short-term support below is at 109,500.
Ethereum had a decent upward momentum yesterday. After being stagnant for so long, with Bitcoin breaking new highs, Ethereum should also start moving. Next, focus on the previous high position before June 11. After breaking and stabilizing, look at the price of 3,000. The current market is still in a trumpet-shaped low-position entry, hold your coins with peace of mind.
Solana's rebound strength is not very strong, but with Bitcoin hitting new highs, Solana will also strengthen. After all, it has been above the life line recently, and an increase is just a matter of time.
XRP's recent trend has been very healthy. With Bitcoin breaking new highs, this coin has also broken out of its range. Currently, the price has stabilized around 2.4, and a strong rebound is expected. Hold your coins with peace of mind; the market outlook is promising.
BGB has not risen quickly yet, so you can continue to hold patiently and wait. This platform coin has great potential, and I only recommend it for the long term!
Doge has been suggested to enter in batches too much recently. The previous lowest point of 0.14 was also called for entry, so those who followed this recommendation will not have poor returns up to now. Next, it is recommended to continue holding and not to exit easily; it will be hard to see this price again in the future. For those who haven’t entered, it is advised to continue waiting for lower buy opportunities. The current market is trying to break through the 120-day moving average, and after breaking through, a price above 0.2 can be expected.