🚀 Crypto Market Quick Report | BTC and ETH Lead the Rally, Where Are the Opportunities in Altcoins?
1. Mainstream Coin Trends
$BTC : Yesterday's increase exceeded expectations, the 4-hour overbought needs correction, the daily golden cross is forming, the weekly trend is healthy, looking at a slight pullback and subsequent rise after adjustment, support at 108500 - 109000, resistance at 110000 - 111000.
$ETH : Synchronized with BTC's rise, hitting the 2700 resistance, daily correction is nearing the end, watch for the ability to break through 2700, support at 2600 - 2650, resistance at 2720 - 2770.
2. Altcoin Sector Strategy
Market sentiment needs to be boosted, the altcoin index is hovering at a low level, waiting for mainstream stabilization:
- Track Focus: Hold ETH track (SSV, EIGEN, ETHFI); Alpha activities on BSC chain are collecting points; MEME and SOL ecosystems are gaining popularity and can be positioned.
- Primary Market: Activity on SOL chain has decreased, focus more on BSC chain, new mining BitEqual can be followed, the community has seized the initial mining; GAS fee adjustments, increased trading volume, MEME may release the “Golden Dog”.
3. Core Logic
Mainstream coins have a positive long-term outlook, BTC and ETH daily and weekly support the expectation of price increase; altcoins are rotating with momentum, capturing opportunities in tracks + primary market, pay attention to the Federal Reserve's interest rate cuts and on-chain activities, lightly position to speculate on market corrections and manage risk!
