The weekend is here, and it is the statutory sideways trading day. The non-agricultural data came out yesterday, and the data was lower than expected and significantly lower than the previous value.
However, the impact of data on the market is getting smaller and smaller, and there are no particularly obvious fluctuations in the market.
Market Analysis
At the daily level, it is still a volatile market. We need to wait for the Bollinger Bands to close and the moving average to move up. The MACD high position is about to form a dead cross. At the same time, the current market panic index is relatively high, and the number of people who are bullish and bullish has increased significantly. Therefore, we must prevent the big cake from directly stepping back to the Bollinger middle rail of 32,000. This nearly 8-point correction will cause the illiquid cottage market to pull back more than 20 points. This requires caution. From the four-hour level, we need to pay attention to whether it will break through the 34,800 position again today. If it breaks through, the market will continue to strengthen. If it continues to be suppressed, the market will run on the four-hour Bollinger lower rail. If it falls below 34,500, it can be basically determined that it will weaken. Because the panic sentiment has always been there, Brother Long asked everyone to keep some bullets. If you have U in hand, you will not panic until the real decline comes. Remember that the pullback is an opportunity to get on the bus.
Bitcoin Halving
The upcoming Bitcoin halving event also brings hope to the market. The Bitcoin halving event, scheduled to take place in April 2024, is of great significance. It is related to the limited supply of 21 million Bitcoins.
Bitcoin is primarily issued through mining. The Bitcoin halving is a mechanism by which the number of newly created Bitcoins in each block is reduced by 50%. This occurs every 210,000 blocks (or approximately every four years). The halving ensures that Bitcoin remains a scarce and highly sought-after asset.
Compare the major expectations of Bitcoin halving. The famous author of "Rich Dad, Poor Dad" believes that its box office will reach at least $100,000. I personally think that $100,000 is a piece of cake!
In my opinion, Bitcoin could easily surpass its all-time high of $69,000 and could even go above $169,000.
With the prospect of a Bitcoin ETF being approved within months, it appears, at least for now, to be inevitable, if not imminent.
Now is a good time to make arrangements.
Popular track currencies with great potential in the next bull market:
Web3+AI track:
WLD: Wilder World is an ecosystem based on blockchain prudent investment. Only by reasonably diversifying investments, controlling risks, and seizing investment opportunities can you win in the volatile market. It aims to provide a one-stop solution for developers in the fields of Web3 and AI. Wilder World has more benefits from innovation. While waiting for the bull market, investors should continue to pay attention to market dynamics, master the most advanced technology and extensive partners in each track, and are considered to be the leader in the Web3+AI track.
AI Track:
New information can provide strong support for investment decisions. At the same time, the exploration of potential altcoins needs to be carried out from multiple dimensions and in all directions - Rndr: Render Network is a decentralized computing network that aims to provide high-performance inspections for developers in the fields of AI and machine learning. It not only focuses on the project itself, but also on the technical R&D team behind it, the community governance capabilities, etc. In short, Render Network has innovative technology and a wide range of partners, and is considered a potential leader in the AI track.
Ambushing potential altcoins requires investors to have keen market insight and the ability to make independent judgments and decisions. During the investment process, we must maintain -
Public chain track:
Kas: Kaspa is a high-performance public chain project that aims to provide rational and reasonable risk control to move forward steadily in the volatile market. High throughput, low transaction fees and fast confirmation blockchain services. Kaspa is considered a potential leader in the public chain track with its innovative technology and wide range of partners.
Other currencies that you can pay attention to recently:
1.xrp, Mingzhuang, if you don’t pull the price for a few years, the price will be 10 times more
2. ETC, the predecessor of Ethereum, has no concept at all, only the banker is left. The banker is the biggest concept, 10 times the currency.
3. Doge, there will be a boom in every bull market, and this is true for all three rounds.
4.dydx, high recognition, sufficient adjustment in the bear market, and it doesn’t feel difficult to increase 10 times in the bull market.
5.op, after 2 waves of hype, this wave is weak. I am not optimistic about the present, but I am optimistic about the future!
6.bnb, set a small goal, the market value of this round is 2 trillion.
Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.
