The "third quarter market" that has been talked about all year is now unfolding before our eyes.
#BTC rose instead of falling after a month of sideways movement, directly breaking through the bull market flag pattern to reach 122,000, just a step away from the historical high point. The bullish situation is good, with strong short-term breakthrough, but indicators show the tank is nearly empty. If RSI breaks through 85.21 again, the market may continue to attack upward. At this momentum, 130,000 might just be a matter of time.
#ETH surged from 3,350 to 4,350, roughly a 1,000-point increase - first with Ethereum's fierce attack, then Bitcoin followed the rhythm. In the short term, BTC is expected to stabilize at the 120,000 mark this week. Once it stands firm, the probability of attacking the ATH is not small; after ETH breaks through 4,300, reaching 4,400-4,450 is just a matter of time.
Technically, BTC support is seen at 118,000-120,000, ETH support at 4,000-4,150 - the upward momentum remains if these are not broken.
So how to choose Altcoins next?
- On-chain: Focus on hot tracks like Meme and AI
- CEX: Pay attention to DeFi ecosystem, new coins, and Alpha opportunities
However, when Altcoins stop rising, you need to reflect on whether to switch to stronger targets. There is a catch-up sentiment, but if BTC and ETH pull back, Altcoins often fall first. The SOL chain has been exciting these days, while the BNB chain is on a different rhythm - two words, "ecosystem". Betting on the ecosystem is actually betting on its resources, community, and operating model, such as:
- $u series: Low opening and high walking, driven by community and capital
- $bmp series: Strong financial strength, pulling up quietly
- $tag / $more: Emerging institutions layout ecosystem, ambition visible. SOL plays with heartbeat, BNB chain seeks stability.
Okay, let's continue and look at the Altcoin market. Today we'll focus on several hot coins and see their latest trend signals.
#JTO: Currently stable on the daily ascending channel, recently rebounding from the lower support, price gradually approaching the middle rail and 50-day moving average as short-term resistance points. As long as it continues to hold the channel bottom, the overall bullish pattern remains unchanged, with potential to attack around 2.4 in the short term. But be cautious, if it breaks below the downward trend line, the trend may reverse.
#AAVE: Maintaining stable trend, V-shaped rebound is good, challenging key resistance. Once breakthrough, returning to $380 is not a distant goal, with continued upward momentum still strong.
#BANK: Formed a symmetrical triangle oscillation pattern, narrowing volatility, price converging between upper and lower trend lines. Breakthrough on either side could trigger a new market trend. If it can stabilize above the upper rail, target price looks towards $0.08. Now is a critical period of focus.
In summary: These coins haven't had a big breakthrough, but their trends are solid, steadily rising. Be careful not to blindly follow, layout reasonably to seize opportunities, and steady progress is the key.
Personal small suggestions
- Harmony: Do not recommend over-buying or blind shorting, trend not completed
- Spot: Choose quality coins, set stop loss, flexibly respond to pullbacks
The market is hot, but don't forget - be greedy when you should be, and stable when you should be.
Market waves come one after another, going alone is easy to get lost.
Want to catch the next double-digit opportunity? Welcome to join my circle, watch the market, communicate, and buy the dips with old friends! Let's take fewer detours and outrun the next bull market! 📬V: c13298103401 or 💬Q: 3806326575
