After Binance delisted the spot trading pair for $ALPACA , negative news caused the price to surge against the trend by over 600%, soaring from a low of $0.029 to a high of $0.2173, an increase of 649%.
Now everyone must not go against the trend. Don't give up the opportunity for a rebound for just a few hundred points of decline. If you insist on going against the trend, you will not only fail to make money but also miss out on good opportunities. $BTC
The short to medium-term price of Bitcoin has risen as expected, having now broken through the key resistance level of 92,000. The price has returned to an upward trend.
For those who held positions at lower levels, whether in spot trading or with low leverage, if you chose to increase your position after stabilizing at 88,000, your overall profit is now quite considerable.
What we need to do now is to either take some profits or choose to exit, while paying attention to the 88,000 level. If the market experiences a pullback without breaking this level, it will still present us with opportunities. Additionally, if there is a pullback to 88,000, the market will be technically more refined. This is how the market operates; it goes up, down, three steps forward, one step back, which is common sense.
The current price of Bitcoin is 93,500, which is at the end of the upward trend demonstration chart we discussed earlier. Theoretically, this forms a resistance level. Whether it can break through this position to challenge the 100,000 mark or choose to pull back, either option will only be beneficial for future market trends.
First, we must clarify that the market has completed its bottom formation, and we anticipate that the 100,000 mark is merely a primary narrative target for the future.
From the current market perspective, if Bitcoin experiences a pullback, it will bring many opportunities for altcoins. $BTC
From the current major trend of Bitcoin ($BTC ), it aligns with the process of bottoming out.
We also mentioned this bottoming process in our previous market analysis, and the current market is in a critical period of bullish and bearish transition.
Since Bitcoin has returned above the weekly acceleration trend line and has broken through the descending channel, the state exhibited is a double bottom structure. If we look at it from the perspective of right-side trading strategies, what is currently forming is a head and shoulders bottom pattern.
The next step is to focus on the resistance level of 88000. Once this level is broken or if a long-term consolidation trend forms during this phase, it will bring us more opportunities, allowing us to continue to adopt an aggressive strategy for operations.
Now everyone just needs to pay attention to this level; once it breaks, I will reorganize a new round of expert analysis for everyone's reference.
The SEC has postponed its decision on the Ethereum ETF for staking and physical redemption, reflecting a cautious attitude towards the complexity of crypto derivatives.
Institutions like Grayscale and VanEck are affected, and the market's expectations for Ethereum's positive developments have fallen short, leading to a price drop by half from its peak.
Staking can enhance the attractiveness of the ETF, but there are many regulatory challenges; physical redemption has high efficiency but involves volatility and custody risks.
In the short term, Ethereum needs to rely on upgrades or clearer regulations to drive a rebound, and market sentiment remains cautious.
The meme craze on BSC indeed feels a bit 'over the top'. There’s nothing wrong with looking for inspiration from CZ and the top influencer's tweets, after all, their influence is undeniable. However, if the approach is just mechanically 'retweet-comment-find CA', and then forcing out projects that lack narrative depth and consensus, it can easily lead to fatigue. This kind of play seems more like FOMO-driven short-term speculation rather than genuinely interesting meme culture.
Take bnbcard for example; its strong virality might be its only selling point, but the lack of innovative narrative makes it feel hollow, making it hard for anyone to have long-term holding interest. This type of meme is more about 'playing hard' rather than being fun; people rush in more out of fear of missing out rather than genuine interest.
When the SOL chain was hot, CZ's remark that 'meme is getting weird' was indeed very apt. The atmosphere on BSC now resembles some of the stiff meme projects that were on the SOL chain back then—lacking soul, purely relying on FOMO to sustain it. This pass-the-parcel model might seem lively in the short term, but over time, as players' enthusiasm wears off, naturally, no one will pick it up.
Using CZ and the top influencer's tweets to create memes is a good starting point, but to do it well, there indeed needs to be a bit of creativity and storytelling. For instance, creating cultural symbols related to the BSC ecosystem that have the potential to spread, rather than every time using a magnifying glass to nitpick details and forcibly creating a bunch of 'one-day trip' projects. Otherwise, gradually everyone will feel that 'this game is boring', and the hype will dissipate.
Last March, Prince rose rapidly in a short period, reaching around 700, and then Ethereum started a weekly level increase. Do you think history will repeat itself? $BCH $ETH