2024/11/26 #加密Elaine说 #比特币盘整分析 Overall sentiment shifts towards altcoins

After experiencing a strong attempt last week to break through the $100,000 mark without success, Bitcoin has recently led the entire market into a correction phase. Currently, the BTC price stabilizes around $93,000. From a technical chart perspective, $93,000 is an important resistance level that was successfully broken after a week of consolidation; it has now transformed into a key support level and is playing its supportive role. If BTC falls below this support in the next two days, the market may test the next support range — between $87,000 and $92,000. Within this range, every position could potentially become a stop-loss point.

Meanwhile, Bitcoin's market dominance has begun to decline, indicating that market funds are gradually flowing towards altcoins. Accompanying this sector rotation, strong tokens in the ETH ecosystem, such as LDO (Lido DAO), SSV (SSV Network), and ENS (Ethereum Name Service), are experiencing explosive market performance. The rise of these tokens is not only due to the continued development of the ETH ecosystem but also driven by the market rotation effect.

Investors should pay attention to:

1. Capital rotation rhythm: If Bitcoin's price stabilizes at the $93,000 support, it may attract mainstream funds back, driving a rebound in mainstream coins.

2. ETH sector performance: Currently, tokens like LDO, SSV, and ENS benefit from ecosystem enthusiasm and still have further upward potential in the short term, but caution is needed regarding the risk of a correction after rapid gains.

3. Macroeconomic sentiment: As the year-end approaches, the cryptocurrency market may face settlement pressures from traditional market funds, which could affect short-term volatility.

Operational suggestions:

• Maintain position flexibility; it is recommended that main funds be distributed between BTC and strong altcoins to respond to possible sector rotation and risk diversification.

• Monitor the $93,000 support situation; if this position is lost, consider gradually positioning in the $87,000-$92,000 range.

Market outlook:

In the short term, Bitcoin's price direction remains the market's barometer, but the comprehensive outbreak of altcoin trends is driving increased market activity. Investors need to closely follow the rotation of hot sectors and adjust strategies in a timely manner.