Legendary Trader Pigeon’s Latest Viewpoint — Bullish



1. $BTC ‌ Has already approached the cyclical bottom; in the next roughly week, it’s very likely the true market initiation window (hopeful for an upward move); many altcoins also have a chance to break through the current consolidation range.

2. From the overall trading volume (Volume) and open interest (OI), many tokens can actually see significant price surges with only small increases in new buy orders, so the market as a whole remains in a “low allocation” state.

3. The most critical current signal is whether BTC can effectively break through and hold above $80k; subsequently, core mainstream coins like Ethereum, Solana, Hyperliquid, and others need to start a new upward trend simultaneously for market sentiment to further expand.

The market is at a crucial breakout point; the direction choice in the next few days is very important.
BTC0.66%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin