Yesterday's cryptocurrency market was like a small roller coaster ride. BTC fluctuated slightly, and market makers tried to pull the price back, but failed, which shows that everyone is satisfied with the current price. From the data analysis, the market may adjust slightly in the future, but there is no need to worry too much. In the long run, the price increase trend is still stable. For friends who hold coins for a long time and plan to sell them next year, do not be impulsive to short! Remember, we should buy when the price is low, and wait patiently when it is high, and do not rush to sell all.
In this way, whether the market rises or falls, one can remain calm, with a mindset as steady as Mount Tai! Do not rush when trading, avoid acting hastily due to excitement, and be sure to make a plan and proceed step by step. After all, we are focusing on long-term investments, not short-term fluctuations. This is just my simple review, and investment decisions should be considered by yourself; it can be taken as entertainment reference. Bitcoin is hovering in the range of 93000 to 98000; from last night to today, ETFs and bulls have been continuously supporting the price from falling, and it seems that it will seek a new direction within this range.
$BNB is performing well, with a safe zone from 670 to 720. Due to airdrops locking up a large number of coins, the number of sellers has decreased, and dedicated holders have increased, making it suitable for gradual grid trading. The second place $ETH is expected to fluctuate in the range of 3200-3700, with good news coming frequently and ETF institutions continuously buying, forming a good support position. Returning to today’s daily $BTC technical analysis, from the candlestick perspective, the 1-hour level is consolidating, while the 4-hour and 12-hour levels are both declining, and the daily level is also declining. The intraday resistance is at 96500 and support is at 92000 dollars.
The rise of the AI agent sector
The upward trend of AI XBT
Despite the overall market downturn, certain sectors are still rising against the trend, especially the AI agent sector. In the Blockchain Thinking channel, we have mentioned this sector multiple times and recommended some assets. Taking AI XBT as an example, it has shown a strong upward trend as an aggregator of QL's AI agents, and its market cap is continuously expanding. If you have not yet entered a position, it is recommended to buy at the lower edge of the channel.
Other AI sector assets
Another noteworthy asset is VIRTUAL, which is continuously creating higher highs and higher lows. Although there is no clear upward channel, it shows strong momentum. It can be appropriate to enter when its price pulls back to support levels.
The strong performance of AI16Z
AI6Z is currently one of the best-performing assets, with a significant price increase recently and no obvious signs of a pullback. If you do not hold this asset yet, it is recommended to consider entering during a pullback at the hourly level.
For example, around 1U, it may continue to rise in the future. Recently, there have also been many positive news releases.
The arrival of altcoin season, everyone can pay attention to the thirteen guardians:
1. MEME coin sector shib, doge, pepe, floki, doge, bonk
2. AI sector agix, fet, wld, ai, nmr
3. Public chain sector eth, sol, matic, ftm, ada, avax, dot, atom
4. 2024 Halving sector bch, bsv, zec, zen, btg
5. Gamefi sector sand, mana, gala, enj, ron, pixel, ace, ilv, magic
6. Oracle sector link, api3, trb, pyth
7. Payment concept sector mob, ach, xlm, celo
8. Inscription sector ordi, rats, sats
9. Storage sector fil, ar, storj, blz
10. DeFi sector aave, comp, rdnt, crv, mkr, avax, dydx
11. NFT sector blur, x2y2, looks, dego
12. Modular sector tia, dym, alt, manta
13. Sports sector chz, santos, por, city, og
