##比特币走势观察 Brothers! The market is heating up!
After holding back for so long, Bitcoin has finally surged with its little brothers! The total market cap jumped to $3.43 trillion, with a daily increase of 4.22%. Look at that Fear and Greed Index, it just shot up to 64, firmly in the “greed” zone!
What does this mean? The market is hot, confidence is back!
Bitcoin leads the charge!
The main character is still our BTC! After a half-month of consolidation, it finally broke free today, standing steadily at $109,500!
Technical analysts have been watching closely. Last week's “three upward movements” weekly pattern was practically a textbook bullish signal! Historical experience shows that when this pattern appears, an 8%-10% increase is basically standard in the following one or two weeks.
So, is it possible to surge to $115,000 now? Not a dream! Perhaps even higher? The pattern is opening up!
Little brothers, are you following? Absolutely!
The big brother is charging, and the little brothers cannot back down! ETH performed well this week, up 8%+ to $2,699.
SOL and DOGE, these two lively ones, also didn’t want to be outdone, with increases of 5% and 6.6%, bouncing around happily. The most explosive were SUI and HYPE, both skyrocketing with double-digit gains!
Awesome!
Is the altcoin season here? Not so fast!
Although the general increase in altcoins looks nice, we need to stay calm. Look at the altcoin season index, still lying at 30!
This means: there has been an increase, but we are still far from the real chaotic and explosive altcoin bull market! The focus of the main funds is still on Bitcoin for now.
In summary:
This wave of rise is due to technical breakthroughs + warming macro sentiment + institutional support, threefold buffs stacked up! Bitcoin is the absolute engine, charging forward with unstoppable momentum.
Although altcoins are rising generally, it’s not yet the season where “you can win just by blindly investing.”
Brothers, buckle up! If you don’t understand candlestick patterns, position management, strategic planning, market-making techniques, cannot analyze international trends, don’t know how to manage your mindset, can’t do elementary math, and don’t understand investment research for altcoins, follow me for firsthand information #看懂K线
