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What do you most want to know about this topic? Let me know in the comment area and the next issue will be customized for you! I will take you to explore the ten-fold potential coin! ![]() The currency circle has been lively recently, big funds are pouring in, and the market seems to be jumping up and down after being held back for a long time. Let’s look at Bitcoin first – this big brother has been very popular recently, with trading volume soaring by 600 million, and the price reaching 115,000 dollars. I have been staring at it for a long time. It was stuck at the 108,000 support level before, but now it has not only stood firm but also crossed the 100-day and 200-day moving averages. It is obviously stronger. If it really stands at 115,000, even if the technical reversal is confirmed, the next step may be to go straight to 120,000, or even higher. There are also more activities on the chain, and funds that were previously on the sidelines have begun to enter the market. If this wave comes true, the market may change from "recovering" to "sprinting". Looking at Shiba Inu Coin (SHIB), it is now swinging around $0.00001, like squeezing out toothpaste. It wants to rise through two hurdles: first to reach 0.000012 US dollars, and then to reach 0.000013-13.2 US dollars. However, the trading volume of this currency has been sluggish recently, and the market sentiment index (RSI) is only 45, so everyone is still waiting and watching. If it cannot cross 12 cents, it is estimated that it will have to stay in the range of 0.0000095-0.00001 US dollars until November. ; If you rush over, it might be a bit of a bust. Ethereum (ETH) rebounded to $4,160. It looked lively, but it was actually stuck at the old resistance level of $4,200-4,300. This position has been suppressing it since September, and it has failed several times this year. The market sentiment is now good, but the actual buying is not as fierce as before. The RSI has reached 53, which is close to overbought. If it cannot cross 4200, this rebound may stall or even turn downward. Summary: Bitcoin is the most powerful, breaking through 115,000 may lead to flight ; Shiba Inu and Ethereum are still "breaking through", it depends on whether the funds are sufficient. I personally prefer that Bitcoin can counterattack, and the other two have to wait for signals. If you don’t know how to enter the market, you can follow Jin Min. Jin Min will analyze it in real time in the village and give you the current best entry point. |