$PEPE is really popular this time. As Bitcoin hit a new high at midnight yesterday, reaching $93,000, PEPE followed closely and became the second record-breaking altcoin in this bull market. As soon as it was listed on CoinBase, the price rose sharply and doubled directly, which was really astonishing.
But we have to be sober. The big holders of PEPE have already started selling. A fund address immediately sold 500 billion coins after PEPE broke the record. So brothers who like PEPE, don't chase high prices in the near future. I expect that after Bitcoin and several other big names have risen, the MEME sector will definitely become popular and become the focus of everyone's attention.
During this period, whether it is the old MEME, such as Dogecoin, Shiba Inu coin, PEPE, or the new hat dog, MAGA, and squirrel, they are all very popular, and the MEME project has ushered in a new wave of enthusiasm. But there are still risks in altcoins. Everyone should be rational and don't rush in. To be a real investor, you need to see the situation clearly, manage your own wallet, and know which coins are worth holding and which ones you need to let go.
Let's talk about Bitcoin's market today. From the K-line chart, it may not fall in the short term, but if you look at it in the long term, the trend of 4 hours, 12 hours, and even one day is falling. Today, $90,000 is a resistance level. If it falls below, then $85,200 may be its support level.
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