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There is no highest, only higher. After Bitcoin completed a round of volume expansion and surged higher midday, successfully breaking through the key resistance level of 77,500, the afternoon momentum re-emerged, strongly breaking through the previous high and reaching around 78,500. Subsequently, it faced resistance and pulled back slightly, currently consolidating around the 78,000 level. The overall trend of the altcoin follows Bitcoin’s rhythm, but the strength has clearly diminished, only passively following the main trend, with the highest touching the 2,415 level before facing resistance and pulling back for adjustment.
The current market trend is clear, with a definite directional bias. Bitcoin has completed the gap fill above, and the upward trend led by altcoins remains strong. The daily chart shows three consecutive bullish days, with prices steadily rising along the upward channel. The moving averages are arranged in a bullish order, forming a solid support below, with market sentiment dominated by altcoins. From the four-hour chart perspective, this upward structure remains intact and stable. The second attempt to test higher confirms the strong resistance area above, with the retracement gradually decreasing during the process. As previously analyzed, the momentum of the altcoin has been fully released after multiple dips, laying a foundation for healthy and continuous upward movement. The current trend fully aligns with earlier predictions. The fast and slow lines form a golden cross resonance, combined with increasing volume, indicating a healthy breakout in price and volume. On the hourly chart, despite two consecutive extremely high-volume bullish candles, the price has not yet effectively broken through and stabilized above the key resistance. There is still strong selling pressure at higher levels, so the short-term trend is likely to undergo another correction. After gathering strength, it will seek further upward movement. In the afternoon, our outlook remains bullish on altcoins, waiting for opportunities to buy low and sell high.
Bitcoin: 77,200–77,600 altcoins, aiming for 80,000.
Altcoins: 2,335–2,365 altcoins, aiming for 2,500. $BTC $ETH #WCTC交易赛瓜分800万USDT