Signals and Current Situation of the Bitcoin Bull Market

• Bitcoin price analysis: Bitcoin is currently stable around $67,000, in a stage of consolidation and gradual rise. A market pattern similar to last year is taking shape. The key point when the bull market started last year was $31,500, while this year's expected bull market start point is $73,000.

• Historical trend comparison: From the perspective of historical data, last year, Bitcoin also experienced a rapid rise after breaking through the key resistance level during this period. This time the market trend once again showed highly similar signs, indicating that the bull market may be about to start in full swing.

Altcoin market correction and response

• Recent Altcoin Volatility: Despite Bitcoin’s upward trend, some altcoins have experienced short-term pullbacks, with some portfolios losing around 5%. This phenomenon usually occurs in the early stages of a bull market, when Bitcoin’s strong performance suppresses the short-term performance of some altcoins.

• Countermeasures and Meme coin market: Gang Ge chose to increase its positions in Bome and Neiro projects during the market correction yesterday, indicating that its confidence in these tokens is still firm. It is worth noting that the Meme coin market is not over yet, and high-profile tokens like Dogecoin (DOGE) and Shibcoin (SHIB) still have the potential to rise.

Market Outlook and Investment Advice

• Key Bull Market Points: The key focus of the market is whether Bitcoin can successfully break through $73,000. Once this key resistance is broken, it is expected that the altcoin market will rebound strongly and usher in a substantial rise in the next one to two weeks.

• Investor Response Strategies: In the early stages of the current bull market, it is critical to avoid making poor decisions (such as selling prematurely) due to short-term market volatility. Hold positions patiently and pay attention to changes in the main market trend, especially when Bitcoin's key breakthrough point arrives, which may lead to an accelerated rise in the entire market. #美国大选如何影响加密产业？ #BNB涨至600 #BTC要挑战7W大关了吗？ #特斯拉转移比特币 $ETH $BNB $SOL