#XRP突破新高？

The fluctuation of Bitcoin rising or the future fluctuation of falling will become the new norm, while the altcoin market will continuously experience bull and bear cycles in this process;

Technical Analysis:

1. Since the rise from 89257, it has formed a bullish pattern, which has not yet ended;

2. From the highest point's decline, there is a possibility of an end;

3. Currently, there is pressure from a minor trend line, and a slight pullback here is reasonable, but I won't gamble; the major resistance level is around 105000; the following is roughly the idea, as shown in the image:

4. From the daily K-line perspective, it has broken the MA60 moving average for 6 days; the upward trend at this level is considered broken, expanding the level to the 3-day MA30 trend, as shown in the image: Next time, it might be an adjustment at the daily MA120 level, or deeper.

5. If we are starting a new upward trend now, $ETH and $SOL need to significantly outperform Bitcoin in this upward trend (this exchange rate makes me feel hurt) to possibly heat up the entire market; if they only follow, then only a few popular coins or chains can heat up; in this round of following upward trend, after determining that Bitcoin has reached expectations, I will choose to synchronize with Bitcoin to take profit on these worthless coins (then they will welcome a rebound after Bitcoin peaks).