The cryptocurrency market continues to record positive fluctuations this morning. Major coins like SOL, BTC, ETH, and DOGE all show signs of stable growth, creating a positive sentiment for investors. Below are some highlighted information:
1. SOL/USDT: Currently, the price of SOL is at $197.31, up 1.27% in the past 24 hours. With a trading volume of $1.75 billion, SOL is attracting attention with expectations to surpass the $200 mark in this afternoon's trading session.
2. DOGE/USDT: Dogecoin unexpectedly surged strongly by 3.21%, reaching a price of $0.33056. This growth continues to reinforce the community's confidence in the potential of the famous meme coin.
3. ETH/USDT: Ethereum, the second-largest coin, also shows an impressive increase of 2.80%, currently trading at $3,488.99. With the positive trend from the market, ETH is expected to continue to break out, especially when information about Layer 2 technology and network upgrades is being focused on.
4. BTC/USDT: Bitcoin recorded a slight increase of 0.29%, with the price reaching $97,595. Although there is no strong breakout, BTC remains firmly in the lead, forecasting a potential strong turnaround by the end of the day.
5. USDC/USDT: The stablecoin USDC has a slight adjustment with a decrease of 0.01%, maintaining a level of $1. This reflects the stability of capital flows in the market.
Forecast for this afternoon's trading session
With the positive trend from this morning, the market is expected to be more active in the afternoon trading session, especially as economic information and new data from the international market are released. Specifically:
• SOL could approach the $200 mark if trading volume remains high.
• ETH is expected to reach the milestone of $3,500 due to interest from the development community.
• BTC is likely to accelerate towards the $98,000 range, thanks to FOMO sentiment from institutional investors.
Overall, with positive signals from this morning, the market has the potential for strong recovery at the beginning of the afternoon session. Investors need to closely monitor fluctuations to make reasonable decisions.
