Brothers, yesterday we predicted that Bitcoin would hover around the support level of 93,000, while Ethereum was expected to challenge 3,600. Today's market performance lived up to expectations, with Bitcoin successfully breaking through 95,000, currently fluctuating around the price of 95,876, an increase of 4.2%. Ethereum also achieved its target, breaking through 3,600, with a current price of 3,662, an increase of over 10%! After the short-term pressure has been digested, market enthusiasm is on the rise.
At the same time, the capital dynamics in the NFT and DeFi sectors further confirm the changes in the market structure. NFT sales recorded 158 million dollars in the past week, with Ethereum accounting for the largest share of 49 million dollars. Although overall it has declined compared to last week, local hotspots such as the number of buyers in Solana surged by 58%, indicating that new capital is rapidly flowing into the NFT and DeFi sectors.
Looking back at yesterday's analysis, our strategy was very precise: Bitcoin held the support and gained momentum for upward movement, the stop-loss signal provided a good opportunity for everyone to add positions in batches; after Ethereum broke through the resistance of 3,600, it released more upward potential, and the performance of both provided strong support for long-term bullish expectations. Especially as Bitcoin approaches the halving, the potential approval of a spot ETF remains the strongest driving force in the market.
Operation suggestions:
1. $BTC : The short-term target can focus on the resistance at 97,000, while long-term continue to primarily allocate in spot positions in batches, waiting for a new round of trend breakthroughs.
2. $ETH : Observe the support performance at 3,650-3,700, aggressive strategies can take small positions to speculate on 3,800; conservative individuals should continue holding, enjoying the long-term dividends brought by technological upgrades.
3. NFT and DeFi: In the short term, focus on active projects in the Solana and Ethereum NFT sectors, while in the medium term prioritize layout in the zk technology direction and Layer-2 hotspots within the Ethereum ecosystem.
Brothers, today's trend completely validated our judgment, did you adjust your positions correctly? Don't forget to leave a comment to share your thoughts, remember to give a little thumbs up for the Buffett Bull Crypto! 🚀