Speaking of altcoins, do you think the altcoin season is coming?
I think the altcoin season has actually quietly kicked off, but it is still in the early stages and is far from the climax. At the peak, most currencies will climb up from the bottom and at least double by 5 to 10 times. Those with good liquidity and hot spots may increase by 20 to 40 times, and a few dark horses may even soar to 100 to 250 times.
Our community pushed ens around 17 and 16. This morning, it was already 34, doubling directly. If you want to get into the flower skirt, think about it and talk to me.
The reason why it is called the early stage is that most currencies have just started to move. Although many currencies have risen recently, they are still hovering at a low level. In the early stage of the altcoin season, don't be scared by the high price, and have a long-term vision. For example, a coin rises from 0.12 to 0.3, you may think it is high and worry that it will fall after buying it. But maybe it can continue to rise, and it is possible to rise to 2.5. So, in a bull market, you need to use your imagination and don't use the thinking of a bear market to operate.
As for BTC, the short-term changes are fast. I can only make a rough prediction. Everyone still needs to pay more attention to the latest market.
From the 1-hour level, after the rebound, it may fluctuate and fall again. First, a 1-hour level center will be formed, and then it will fall back to around 90,000 to complete the 4-hour level callback. After the callback, it will rush to 120,000. So it will have to adjust for a few more days in the short term.
At the 15-minute level, there should be another wave of rise. First, we will see 98,000, and the support below is around 94,350.
As for ETH, I use the 30-minute level to see the structure more clearly. The 30-minute level has formed a center, and now the rise of the center leaving the segment has reached 3684. Next, there may be a 30-minute level callback. After the callback, there will be a third buy of the center, and the target will rush to around 3700.
In the short-term 30-minute level callback, it is not sure whether it will fall back to the area of 3550 to 3500. Let's take a look. As long as it does not fall below 3440, the short-term rise will continue.
At the 1-hour level, the structure is optimized into a rise in the central departure segment, with the target area of 3700 to 3750. After the 1-hour rebound, there must be a 1-hour level callback, and the callback focuses on 3400 to 3500. After the callback, it will continue to rise, and the 4-hour level rebound is expected to touch 3900 to 4000.
