The overall recovery of the market has given a trend of the altcoin season coming, with Bitcoin breaking through the key resistance of the three chart doors three times, reaching a new height recently. The significant surge of MEME raises the question of whether it can lead the altcoins into a big altcoin market. At this moment, it is essential to remain calm, as the overall altcoin market has dropped more than tenfold. The real altcoin season's arrival does not mean there will be no opportunities to get in. Previously, everyone was waiting for the market to come, and now it has gained significance.
Bitcoin has broken through the strong resistance at the 90,000 mark, currently approaching the previously mentioned 92,500 area. The next strong resistance is around 97,000. This is also the best performance of Bitcoin recently; do not go against the trend, and it is not advisable to short. Look for opportunities to buy low.
Ethereum has been quiet for many days, continuously on the path of chart doors. It has now broken through the 3,100 resistance, reaching the previously mentioned 3,220 area. As the bottom rises, the next resistance has moved to around 3,320, and it is still showing an upward trend with fluctuations.
New market conditions will definitely bring fresh things. There are many trapped positions in the old MEME. Pulling it to a high level or returning to last year's highs is very difficult. Everyone should treat this rationally and pay attention to new projects that emerge recently. Continue to observe the altcoin operations, as chasing highs is not cost-effective. When the market truly arrives, there will definitely be opportunities to get in.
