Bitcoin drives the entire market, is the altcoin season starting?
Bitcoin quickly reached over 90,000 yesterday, and from now on, just watch for a rebound. Don't short before the 28th, and consider going short after the end of the month on the 28th-29th. This rise in Bitcoin has driven most altcoins and other mainstream coins, so partners who were previously stuck at high positions may have a chance to break even. Don't think too much about the situation; an increase is an opportunity to sell. Recently, pay attention to the resistance at 95,000-100,000 above.
Ethereum has also seen a nice increase driven by Bitcoin. Based on its current price, the upward movement has not reached its limit, and there is still profit space to be gained above. Watch to see if it can push towards a price of 2000!
Solana's upward momentum is also decent, successfully reaching around 150. If you entered at a low price, just hold on; after a few times the price increases, consider taking out your principal first.
XRP has risen above the 55-day moving average; if it can maintain this position, there will be further operational space above.
Looking at BGB on the daily level, the price has not changed much and has been oscillating within a box range. Just continue to wait; a single breakout from the box will not be too bad.
Dogecoin broke through the upper resistance yesterday and has risen to around 0.18, which is already quite good. Those who entered in batches at 0.14-0.12 with Fang Ming can continue to hold.
Vine has not yet seen a significant rise; those who entered below 0.03 can continue to hold and wait. Good results are always waiting for us ahead.
Today's summary: Today's trading advice is not to chase long positions at high levels, not to open short positions at low levels, and not to short before the end of the month without any change in trend.