The 'third quarter market' that has been called all year is unfolding before our eyes.
#BTC After a month of sideways trading, it has not dropped but instead surged, directly breaking through the bull market flag to 122,000, just a step away from the historical high. The bullish situation is just right, with strong short-term breakthroughs. However, indicators show the tank may soon hit the bottom; if the RSI breaks 85.21 again, the market may continue to rise. At this momentum, 130,000 may just be a matter of time.
#ETH This wave from 3,350 to 4,350 has surged nearly 1,000 points—first with a strong attack from ETH, then BTC followed the rhythm. In the short term, BTC is expected to stabilize around the 120,000 mark this week; once it stabilizes, the probability of hitting an all-time high is not small; after ETH breaks 4,300, hitting 4,400-4,450 is just a matter of time.
From a technical perspective, BTC support is looking at 118,000-120,000, and ETH support is looking at 4,000-4,150—if it doesn't break, the upward momentum remains.
So how to choose altcoins next?
On-chain: Focus on Meme, AI, and other high-heat tracks
CEX: Pay attention to DeFi ecology, new coins, and Alpha opportunities
However, when altcoins are stagnant, one must reflect on whether it's time to switch to stronger targets. There is a sentiment for a supplementary rally, but if BTC and ETH pull back, altcoins often kneel first.
The SOL chain has been exciting these days, while the BNB chain has a different rhythm—two words, 'system.' Betting on the system is essentially betting on its resources, community, and operational model, such as:
$u system: Low open high rise, driven by both community and capital
$bmp system: Strong financial strength, quietly pulling the market
$tag / $more: Emerging institutions are laying out ecosystems, their ambitions are apparent
SOL is about excitement, while BNB chain seeks stability.
Alright, let's continue and take a look at the altcoin market.
Today, we focus on several popular cryptocurrencies to see their latest trend signals.
$JTO : Currently firmly seated in the rising channel on the daily chart, recently rebounding from the lower support, the price is gradually approaching the middle track and the 50-day moving average—two short-term resistance points. As long as it continues to hold the bottom of the channel, the overall bullish pattern remains unchanged, and there is hope to continue pushing upwards towards around 2.4. But beware, if it breaks below the downtrend line, the trend may reverse.
$AAVE : The trend remains stable, and the V-shaped rebound is looking good, currently challenging key resistance levels. Once it breaks through, returning to $380 is not a distant goal, and the upward momentum continues to be strong.
$BANK : A symmetrical triangular oscillation pattern has formed, with narrowing fluctuations, and the price is converging between the upper and lower trend lines. A breakout on either side could trigger a new market trend; if it can stabilize above the upper track, the target price looks towards $0.08. Now is a key period for close attention.
In summary: Although these few coins haven’t exploded, their trends are solid and steadily rising. Be careful not to blindly follow the crowd; reasonable layout is essential to seize opportunities. Seeking victory steadily is the way to go.
Personal small suggestion
He Yue: It is not recommended to chase long positions, nor blindly short, as the trend is not over yet.
Spot: Choose quality coins, set stop-losses, and respond flexibly to pullbacks.
The market is hot, but don't forget—be greedy when you should be, and be steady when you should be.
The market is coming wave after wave; it's easy to get lost when going solo.
If you want to seize the next opportunity to double, feel free to join my circle and communicate with a group of old friends to bottom out together! Let’s take fewer detours and outperform the next bull market!
