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Did you catch this wave of increase, or are you still waiting for Bitcoin to drop below 100,000 before choosing to enter? Looking at the current rising market, do you choose to continue observing or chase the rise? Without a good judgment of the overall trend, it can lead to situations where you dare not buy when the price drops and cannot hold when the price rises. Recently, after listening to Taco's advice, no matter which coin you buy, you are buying at relatively low points and selling at relatively high points.
Ether's increase today has started to retreat after reaching around the resistance of 2580. As long as it does not fall below the support around 2440, the upward trend is still in place, and you can continue to hold your positions. Conversely, if it breaks below the 2400 level, you should reduce your overall position.
Bitcoin surged back to around the support of 104,000, with another support level around 103,600, which is considered relatively strong. From a daily perspective, Bitcoin has been fluctuating and stabilizing around 102,000, and without significant negative news, there will not be a large correction.
The current market has both risks and opportunities. For those without a base position, it’s good to enter a base position. You can choose two from all the MEME, Ethereum Layer 2, Solana ecosystem, BNB ecosystem, AI, and other sectors. When the overall market rises, altcoins will also rise together. Friends who hold positions can patiently wait for Bitcoin and Ethereum to form a new trend before making decisions on reducing or increasing positions.
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🔔 Price of TON has decreased by -8.84% in the past 7d.
🔸 Summary:The price of TON has decreased by 8.84% over the past week, currently standing at $3.10 after a 13.74% drop from a 7-day high of $3.59. The trading volume has significantly decreased by 94.88% from the 7-day high, aligning with the notable downward price movements.
📈 Technicals: The MACD indicates strong buying momentum with a bullish trend, while the OBV and Bollinger Bands suggest a bearish sentiment with increased selling pressure and decreased market volatility, respectively, highlighting a mixed market outlook.
✅️ETH: Ethereum launches its "Trillion Dollar Security" plan to strengthen its resilience
🔴The Ethereum Foundation launches its ambitious "Trillion Dollar Security" plan to make Ethereum an infrastructure capable of securing trillions of dollars. The goal: to exceed the standards of traditional financial systems and prepare the network for massive institutional adoption.
🔴This program is based on three pillars: a comprehensive security audit, the identification of critical vulnerabilities, and the dissemination of best practices throughout the ecosystem. With already $63 billion secured on Ethereum, the foundation aims to lay the groundwork for a blockchain on the scale of the global economy.
🔴Led by an elite task force including Samczsun, Mehdi Zerouali, and Zach Obront, this initiative aims to actively enhance security, from L1 to rollups. It takes place in a context of influx of institutional capital and increasing convergence between DeFi and traditional finance.
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