There are a lot of opportunities in a bull market, if you trade in alt coins but have fundamental coins. We have to buy when alt coins are dumbing down, we should not buy when they have already increased. If you buy there then there are more chances of going down. But for the coins which have already been pumped, there are less chances of coming down. Buy alt coins when there is a panic situation. Buy when alt coins decrease a lot, because when they get pumped they will give more profit.
Big News:-
The biggest news is that Donald Trump has signed an Executive Order, under which a plan is being made to keep Bitcoin in reserve. Donald Trump had made a commitment to keep 10 lakh Bitcoin in reserve for the future. Looking at the total ETF, 10 lakh Bitcoin are hold. After winning the election and the day Donald Trump became President, Bitcoin made an all-time high. BlackRock has also bought Bitcoin for $1 billion, BlackRock is continuously buying 10,000 to 13,000 Bitcoin. Overall inflow is coming. The USA is positive for Bitcoin, politics is talking.
Bitcoin
Look at Bitcoin, it is trading at $103,000. There has been no movement for more than a few days, it comes to $100,000 and then goes upward. Overall it is moving sideways, this gives an indication that a big move is about to come. It is moving repeatedly between $108,000 and $90,000. Whether it goes upward or downward will be known next week. This sideways movement matches a lot, in the past it was moving between $50,000 and $70,000. Then finally there was a breakout. The same conditions are happening here at present. These are seen in a Bull Market, this is a consolidation phase. In this market strategy investors invest, then finally they get a breakout. The next zone is $130,000 to $150,000 where Bitcoin can increase.
Alt Season
Now let’s look at some alt coins. In the past bull market, Bitcoin went to $69,000. At that time the alt market went to $1.7T. Now the alt market cap is around $1.4T, while Bitcoin is almost close to doubling. Actually the Alt Season has not come in Alt yet, but the Alt season can come in 2025. New people, new batches are being introduced, but alt season will cry, then alt bull season will come. When alt season comes, it will also end, one has to exit at the right time.
Ethereum
A lot is going on in Ethereum. Donald Trump company is World Liberty, this Ethereum is accumulating. Look at the data of whales, they are also buying. $3350 to $3600 is an important resistance, it will rise to $4000. It can reach an all time high in the future. $3000 is an important support.
XRP (Ripple)
XRP is performing very strongly. XRP met SEO Donald Trump. Support is around $3. But better support is in the $2.6 zone. In a bull market, it can go from $4.5 to $5.
Render
Render is getting support around $5.5. It can go up to $10 to $12 in the short term, it can go even higher. This is a coin related to AI and Big Data.
Aptos (APT)
Aptos is down 47% to 50%. The $7.3 zone is strong support. Entry can be made between $7.3 to $8.2. Below this, the $6.5 zone can be seen.
How does the overall market perform? Entry should be taken accordingly. Stop loss should be placed because once the break is over you should exit, this is for the short term. If you are looking at the long term then there is no need to be afraid. Finally the alt season will definitely come.
Disclaimer
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