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#BTC Intraday, BTC didn't hesitate and had a slight pullback after testing 67.7k yesterday, but some high-quality altcoins are going against the trend. As the second strongest man in terms of the overall market rhythm, let me emphasize a few more points about the evening trend to prevent anyone from missing it.
Yesterday, BTC continued to rise, but most altcoins performed poorly. This is a typical characteristic of the early stages of a bull market, where the trends of BTC and altcoins are not synchronized, giving people a sense of "false rise". The reason for this phenomenon is that market makers want to maintain market divergence.
2. Divergence is a necessary condition for an uptrend. When everyone agrees on a long position, the market tends to not go far. In the early stages of an uptrend, BTC and altcoins will definitely exhibit a spiral-like upward structure. Brother Bin calls it "BTC sets the stage, altcoins perform".
3. After BTC continues to rise, the evening trend is expected to switch, with the high probability of consolidation and oscillation as the main trend. However, a large number of high-quality altcoin targets will rise against the trend, and the profit-making effect will significantly improve.
If one day, you see BTC rising sharply, while altcoins are surging, and the market sentiment is extremely excited, with a significant increase in trading volume, it means that BTC is about to peak in the short term.
5. There is currently no sign of a top in the current trend. Even if there is a shake adjustment today, it is just a rhythm switch in the upward trend. Keep refueling in the air; do not let the negative remarks affect your emotions, be sure to firmly hold onto your chips.
6. This week, as long as BTC breaks through and stabilizes at 70k, the mission will be accomplished. It will be smooth sailing thereafter! Of course, this is only our first goal. The second goal is to push towards 82k, and the third goal is to surpass 100k+. Don't rush, don't be anxious, it will all come true this year.
Fluctuation is a key characteristic of the AI artificial intelligence field. After the initial adjustment, it will make a comeback. Once it starts to rise, the later increase will be even greater (main upward trend). This is the charm of the main track. The big technology led by artificial intelligence, Bin Ge regards it as a "hidden dragon, phoenix chick". This is why I have always been optimistic about the inscription track, especially the Simf inscription with dual attributes of artificial intelligence and AI (take advantage of this fluctuation to increase the position boldly these days) and the FMLⅠ inscription (the latter is in the financial insurance field, the data grows rapidly, but the price has hardly moved).
In the stock market, technology stocks continued to lead the market last week, with all three major indexes reaching historic highs. In the past month, "superweight" and "AI chip leader" NVIDIA surpassed the Nasdaq with a 9.22% increase. NVIDIA will announce its financial report after the market closes on Wednesday this week. Whether the US stock market can continue to rise is facing a crucial test.#BTC ETH #simf #fmli