In the past two days, Bitcoin has strongly broken through the strong resistance level of 88,000, and the next stronger resistance area is between 95,000 and 98,000. It is expected to touch this position in the next couple of days.
In my personal opinion, breaking through 98,000 in the short term is challenging, so reducing some Bitcoin positions at this level is a good choice. However, this does not mean that this wave of the market is over. When Bitcoin pauses, small coins may continue to bloom one after another, igniting the enthusiasm of the entire market.
In the medium to long term, you can hold on to it, but in the short term, after reducing positions around 98,000, you can consider buying back when there is a significant pullback.
In the altcoin market, I only recommend holding spot positions, focusing on AI concept public chains and the DeFi sector, and considering the SOL ecosystem and Bitcoin's ecosystem as much as possible!
Trump ignites the bull market! Four major cryptocurrencies ready to soar 100 times!
The SUI ecosystem is rapidly expanding, with decentralized exchange (DEX) trading volume exceeding 80 billion dollars, and the tokens within the ecosystem are performing remarkably. Meanwhile, over 12 million dollars in short positions have been liquidated, indicating extremely bullish market sentiment.
If it breaks through the resistance area of 2.8 to 2.85 dollars, the target will point to 3 dollars. As capital inflow increases, SUI prices are expected to challenge 3.3 dollars by the end of the month, welcoming new highs!
trump
Today’s hottest coin is trump. Last night, Trump said he would hold an event at the White House, inviting the top 220 wallet addresses, and he would attend personally. This major bombshell caused trump to surge directly by 75 points. Since Trump took office, the highest point for trump has reached 79, while the lowest retracement was 7. Although this coin isn’t necessarily bad, it is too influenced by Trump; its rise and fall depends on his thoughts.
With Trump's personality, he changes faster than women. Holding trump will involve considerable ups and downs; spot trading can still be operated, but don’t be overly ambitious.
SOL
Recently, SOL's popularity has increased, with many big names and institutions on-chain. If SOL's spot ETF is approved, its performance will definitely surpass Ethereum and at least challenge new highs!
SOL is suitable for medium-term investment, and its value will gradually be revealed. The current price of SOL is 148 dollars, waiting to buy in batches around 120 dollars, positioning for a medium to long-term rebound.
AAVE
AAVE is the leader in the lending space. The recently launched V4 version supports cross-chain collateral, allowing even Bitcoin to be used as collateral. Cash flow is very stable. With strong blue-chip attributes, loan demand is high in a bull market, and Aave is currently discussing deployment on Aptos.
The AAVE in the DeFi sector has always been one of my recommendations. With the market giving the opportunity to break through new highs again, it's not a problem!
