This week's focus and points of interest: Market focus direction
The key areas of market attention remain the gaming sector and public blockchain sector. The flow of funds and hot topics may continue to play a dominant role in the upcoming market trends.
BTC Trend Analysis
Whether Bitcoin can break the hundred thousand mark is not actually the core issue. Investors should pay more attention to whether the cryptocurrencies they hold are rising, or if they are buying at low points, rather than chasing high prices. #BTC金LTC银
Breakthrough Possibility: Personally, I believe there is a certain difficulty for Bitcoin to break through the six thousand mark, but the risk of a significant decline in the short term is relatively low. The market may mainly consolidate, providing performance opportunities for altcoins and tokens. Operating Strategy: If a large fluctuation occurs in this round of market, the next 2-4 months will be a key period to test operational capabilities. Through reasonable coin selection strategies and position switching, strive to achieve a twofold return from a one-time increase.
ETH Trend Analysis
Ethereum recently reached a high point of 3500, basically completing the previous forecasted rebound target. However, a large bearish line was formed yesterday, indicating that the short-term trend is entering an adjustment phase.
Key Support: In the first phase, focus on the 3160-3220 range, which is currently the first key support. In the second phase, pay attention to the 3000-3060 range, which is an important support area for the current market cycle. If the above ranges are lost, it may further drop to around 2800.
Operating Suggestions: Although Ethereum's performance is relatively weak, its trend should not be completely viewed as bearish. During the current adjustment, focus on the effectiveness of key support levels while remaining alert to rebound opportunities.
The subsequent market may mainly consolidate, leaving room for altcoins and tokens to perform. Investors need to grasp the rhythm of hot sectors, carefully select coins, and rationally switch positions to ensure maximization of profits in a volatile market. #PCE与美联储纪要公布在即 #SUI、IMX、ADA大额解锁 #ETH市场新动向 #ADA突破1美元
I am in a long position, if you currently don't know how to layout, feel free to reach out to me for discussion!