The market is currently building up strength; consolidation may not be a bad thing, but rather the calm before the storm.
Bitcoin has been hovering in the range of 96000 to 100000 these days, with little movement; a fluctuation of about 5% in the crypto circle is quite normal. Currently, the bulls and bears are in a tug-of-war, with neither side willing to back down easily. The good news is abundant, and market confidence is quite stable, likely building a base for the price after the last surge.
Bitcoin is likely to bounce around this price range in the short term. But we should also stay alert; before the wise king takes the stage, the market may come to a sudden stop, washing out the last few undecided investors.
Today's BTC technical analysis indicates that, from the K-line perspective, the 1-hour level is bullish, the 4-hour level is bullish, the 12-hour level is bullish, and the daily level is bullish, with an intraday resistance level of 101200 and a support level of 96100 dollars.
BNB is expected to hover between 680 and 740, waiting for the big brother Bitcoin to give direction. Next, the bears are not likely to be so anxious, let's be patient, the good show is still to come.
ETH is currently gaining momentum, moving steadily within the range of 3500 to 3800. It shows a strong tendency, and if Bitcoin consolidates, Ethereum may still manage to create its own market wave.
Layout of 3 altcoins that could skyrocket 100 times in the future!
1.TIA
Celestia has garnered attention in the blockchain space for its innovative approach to scalability challenges. Unlike traditional blockchains that handle transactions and manage consensus on a single layer, Celestia employs a modular architecture.
This design will ensure the separation of the network's secure consensus layer from the execution layer that processes transactions. By decoupling these functions, Celestia achieves more efficient scalability, avoiding common data bottlenecks in other blockchains.
Currently, Celestia's native token TIA is valued at $5.48, with a 24-hour trading volume of $311.83 million and a market cap of $2.61 billion. The token's price has increased by 9.33% in the past 24 hours, reflecting active trading interest. The high trading volume to market cap ratio of 0.1203 indicates strong liquidity.
TIA's 30-day volatility is 21%, showing moderate price stability compared to more volatile cryptocurrencies. This lower volatility may attract investors looking to reduce price fluctuations. Celestia's novel design claims to offer more scalable and efficient blockchain infrastructure while maintaining high liquidity and market activity.
2.JUP
Jupiter (JUP) is an interesting wildcard for 2025. Jupiter focuses on secure and scalable blockchain solutions, with particular emphasis on data protection and privacy. Its unique approach to decentralized applications (dApps) has gained attention in industries such as healthcare and finance.
Given that Solana currently has a market cap of $1.2 billion, JUP's secure blockchain solutions may capture a significant market share as the demand for privacy and scalability grows. This makes Jupiter one of the most underrated options, with the potential for exponential growth in the coming years.
3.GALA
GALA is currently valued at $0.0412, with a daily decline of 2.82%. The sentiment around its price movement seems bullish, with the fear and greed index showing a 'greed' score of 73. This indicates increased market confidence.
The token's 14-day Relative Strength Index (RSI) is 60.50, indicating a neutral zone. This suggests that there is currently no immediate overbought or oversold condition, which may lead to relatively stable price movements in the short term.
GALA's 30-day volatility is 20%, demonstrating moderate price stability. Price predictions suggest that by February 2025, the price may rise to $0.138575, an increase of 229.09%. These forecasts highlight optimism regarding the asset's future performance.
