The market changes rapidly, and trading is all about the present. You sing whatever song fits the mountain you find yourself on. The last opportunity to get into cryptocurrency is coming, and a massive surge is about to happen. A large-scale upward channel has opened, and this is the final chance to get on board. In cryptocurrency, only going long can lead to profits. Bitcoin has been rising and breaking historical highs for many years; we must clearly understand its potential and recognize the limits it can surpass. Bitcoin's current price is around $100,400. I believe that next week, after fluctuating around this level, it will soon break the $110,000 mark, and at that point, everyone will be fully FOMOing. The current trend is typical of an upward channel, and breaking historical highs can happen in the blink of an eye, possibly retracing to around $100,200 before continuing to rise. We must believe in its unlimited potential. The massive capital inflow cannot be stopped.
I have seen many people progress from A6 to A7 to A8 to A9, step by step, now all holding Bitcoin for the long term, accumulating it gradually. I haven't seen anyone who made a lot of money from altcoins; it’s basically nonexistent. Most people just bought Bitcoin and held it long-term to earn profits. Unless someone bought a coin and became rich from it, jumping straight to A8 or A9, such individuals are rare. Most people are in it for the long-term holding of Bitcoin to achieve returns. Long-term investments in mainstream altcoins also haven't yielded huge profits because some coins lack the ability to reach new highs, which results in you not making money after buying them.
Some time ago, I told everyone to buy Ethereum when it was at $1,800, suggesting they buy after the breakout. I said Ethereum is a good buy, and after purchasing, Bitcoin broke through more quickly. Ethereum later surged rapidly, directly reaching $2,600. Today, it even broke above $2,600, and the price continues to move towards our target of $2,800. As it rises, more people will face liquidation; many have already been liquidated shorting Ethereum, including ancient whales, who also suffered losses. This wave is a significant victory for the bulls, and Ethereum will continue to rise in the future, reaching heights you cannot imagine, even making you fearful. The less you dare to buy, the more it rises.
Litecoin surged to some key levels above $100, and its next target should be its recent high of $140. Whether it can reach its historical high remains to be seen, as it has not yet broken out of the previous top range of $150 to $160. Without breaking above $160, we cannot discuss the possibility of a historical high. You first need to reach a level above $164 to have a chance to push up to $300, or even $400. Right now, it is just hovering, and we continue to observe.
Stablecoins are still being continuously issued, and we can see that Bitcoin spot ETFs are still flowing in. The weekend updates haven't come in yet, and from the liquidation map, the situation remains one-sided, with no signs of any retracement phase. That's all for today.#BTC重返10万 #ETH突破2500