Friday closed higher, will altcoins rise over the weekend?

On Friday's close, Bitcoin broke 95. After the close, altcoins did not immediately drop, remaining at a high level. Various signs indicate that we might see a good increase in altcoins over the weekend. Notably, $PEPE and $BONK are currently also on the rise.

During the rebound in May and June 2024, some altcoins had significant rebounds, even reaching new highs. If the rebound expands in scale, it is possible that we will see some altcoins continue to rise.

Returning to this weekend, I believe altcoins should continue to rise. Because the sentiment this Friday is relatively optimistic, Bitcoin reached a new high, and there has been no sign of a top on the order book level, with no further macro negative news in the short term.

It is still possible for Bitcoin to continue rising towards the 96400-98000 range on Monday, even though 95 is a relatively good long-term take-profit position. The peak may be 95600, or it could be the peak after another rise next week.

Currently, I still believe there will be a pullback to around 83 in early May. We will see and explore the market trends later.