The Bitcoin price of 115,000 mentioned yesterday still failed to hold steady, and it will have to continue to fluctuate and adjust in the short term.
The overall market is actually quite clean, without any complicated signals. The key is to focus on one position - 115000 .
It tends to be that the market is waiting for the interest rate cut at the end of the month. Once the policy is implemented, there will most likely be a wave of rising prices in November .
The BTC accumulates power, the second cake follows: the support area becomes the key
Last night's trend was basically as expected.
BTC started to fall back after touching the resistance near 116, and ETH also fell back after being blocked at 4260. Although there was a small rebound in the early morning, it still fell in the key support area.
Structurally:
- BTC is stuck in the 112-114 range . As long as it can hold steady, it is expected to rise again to 116-118, or even hit 120.
- ETH's defensive range is 4030-4080 . If it can hold steady, the goal is to break through 4300 and rush to the 4500-4600 range.
This wave of pullback is more like the bulls accumulating strength . As long as the branches are not broken, the market will remain on a healthy track.
New ETFs Enter the Scene: HBAR Steals the Spotlight, SOL Takes a Snooze
One of the hottest news at the moment is that HBAR , LTC , and SOL have been officially approved as spot ETFs , joining the ranks of BTC and ETH.
However, the market reaction was somewhat flat:
- #SOL has a market value of hundreds of billions but lacks any spirit, relying entirely on sentiment to maintain its appearance;
- #LTC has not yet emerged from the shadow of the "10.11 crash", and those who are bullish are almost bored;
- On the contrary, #HBAR unexpectedly rose by 6%, becoming the only bright spot among the three ETF brothers.
The ETF news hit the market volatility, and the enthusiasm was cut in half, but LTC and HBAR both have the potential for catch-up growth in the future , so don’t get out too early.
X402's popularity reignites: A new narrative begins with AI and Meme
On the Altcoin side, X402 has almost completely captured all the attention .
I think this hype is not over, it’s just beginning.
Many new ways of playing will emerge around X402 - such as AI automatic trading meme, automatic market making, and even automatic investment portfolio management.
These imagination spaces are too vast and are the prototypes of "AI Agents Track 2.0".
Therefore, we should focus on tracking and studying the X402 ecosystem and not miss the early cycles like the last round of inscriptions.
BNB is preparing for a big move: once it passes 1150, it may go straight to 1500
The most stable protagonist recently is not BTC or ETH , but BNB .
This guy is ridiculously steady, holding on to the $1,100 level, as if he is holding back a big move.
Someone joked: "BNB is now like a spring - the longer it is compressed, the higher it bounces."
From the disk:
BNB has been bottoming out in this range for a long time, with a trading volume of up to 2.38 billion US dollars , indicating that funds are still in it.
The on-chain data is also impressive: strong liquidity, active ecosystem, and stable users.
As long as it breaks above $1,150, the next stop of $1,500 is almost certain.
RSI is also in the neutral range, neither overbought nor oversold, which is a typical "accumulating power posture".
BNB isn’t dormant, but rather gathering momentum! Once the broader market picks up, it could very well be the spark that ignites the market.
✅Summary: The overall rhythm has not changed
- BTC and second cake hold support, waiting for the signal of interest rate cut;
- The copycat is mainly based on the X402 track, depending on the emotional explosion point;
- BNB is poised to take off and has the opportunity to become the leader of the next wave of market trends.
Although the market is still warming up, the smell of gunpowder has already emerged .
In the next two weeks, keep a close eye on support and observe volume. Perhaps the bull market’s tail charge will be about to begin.
The opportunity is gone in the blink of an eye, darlings, gather quickly!
Don’t let hesitation delay the best opportunity to make a fortune, and don’t be cut into pieces by air coins. Follow Sister Miao and enjoy this bull market together!
AC+V: Mixm5688
