Create a high-quality circle, mainly to explain various basic industry knowledge in the crypto circle, the rotation of hot sections, as well as the basic methods of identifying tops and bottoms, how to better grasp this bull market, and a series of knowledge. If you are interested, you can contact me, alpha6588 (add and chat in the group after).
The crypto market cap continues to rise, but ETH's performance is still relatively weak, and BTC's share is gradually shifting towards Altcoins, and the market's risk appetite is also improving. Although the Altcoin season is not yet clear, the market sentiment of Altcoins is obviously improving. Of course, those cases where the activity is overly dependent on MEME tokens are still a problem.
The overall trading volume has increased, roughly maintaining around 230 billion, and the market is still quite active, this high activity state has lasted for more than two weeks. The trading volume of BTC and ETH is still increasing, which means that the turnover is quite frequent, and the bull-bear game still exists. The trading volume of Altcoins has decreased, and the turnover rate is lower compared to BTC and ETH.
BTC is currently in a high turnover state, which indicates that the market direction and sentiment are not very pure. Combined with the previous market situation, if this kind of turnover fluctuation continues to be maintained, the possibility of a deeper correction in the future will increase. But still, appropriate corrections are for better subsequent upward trends, no need to be too pessimistic, just pay attention to risk avoidance when trading contracts.
The Altcoin market is gradually improving, although the Altcoin season has not yet truly arrived, the market's risk appetite is still increasing. As for the Altcoin season that everyone is looking forward to, there still needs to be more liquidity and higher risk appetite before it arrives.
What factors have led to the continuous breakthrough of Bitcoin to new highs?
Currently, BTC is hovering around $90,000, continuing to consolidate and seek a breakthrough point. The main driving forces behind this round of big rise include BTC's halving, the launch of ETFs, the continuous inflow of institutional funds, Trump's election, and the Fed's continued rate cuts. These factors have jointly driven BTC to continuously break new highs.
Currently, the overall trend of Bitcoin's market is clearly bullish, and as the BTC price continues to break new highs, the support below is also constantly rising. The slight correction after breaking new highs will not affect the overall trend, the strong structure remains unchanged, just continue to maintain a low-entry mindset to participate.
Talk about the upcoming wealth opportunities
Concentrated in: BTC, SOL, SOLMEME, Musk and Trump
Embrace the Musk concept, embrace the SOL ecosystem
Recently, large MC memecoins have been frequently emerging, all of which are on the SOL chain, without exception.
In the future, Ethereum will continue to decline, and this round of bull market for SOL is destined to surpass Ethereum
If you have access to the primary market, you will find the craze for the SOL chain
The threshold is extremely low, the efficiency is extremely high, and the gas fee is low
These are all advantages that ETH cannot match
In the current bull market, dozens or even hundreds of wealth-creating tokens will emerge on the chain every day
Celebrity effect, traffic password, various new narratives, new concepts
The trillions of dollars in the market that should belong to VC tokens
are gradually flowing to MEME, the animal park in the last bull market was the final madness
So in this bull market, the crazy MEME is the announcement of the start of the bull market
A MEME wealth creation movement is underway, attracting countless new retail investors to enter the market.
Here are several possible script scenarios:
Script One: Bitcoin Sideways Consolidation
Bitcoin continues to oscillate between small highs, the market enters the MEME season, and funds flow between various MEME tracks, while second-tier Altcoins remain dormant and inactive.
Script Two: Bitcoin Deep Correction
If the Bitcoin adjustment amplitude increases, it may fall back to the 77,000~87,000 range. At that time, MEME coins may also be unable to escape the fate of correction, and second-tier Altcoins will also be affected. But after this adjustment, the market may usher in a new round of opportunities for track rotation.
Script Three: Bitcoin Sideways + Capital Switching Tracks
Bitcoin consolidates sideways, MEME coins also oscillate sideways, and capital seamlessly switches, officially kicking off the second-tier Altcoin season, and the market will usher in a new round of explosion!
Create a high-quality circle, mainly to explain various basic industry knowledge in the crypto circle, the rotation of hot sections, as well as the basic methods of identifying tops and bottoms, how to better grasp this bull market, and a series of knowledge. If you are interested, you can contact me, alpha6588 (add and chat in the group after).
