The bear market is not afraid of rising, and the bull market is not afraid of falling. This is my personal long-term operation point of view, which means that if a cryptocurrency suddenly rises in a bear market, in most cases I will choose to sell it. At this time, I am not particularly worried that it will continue to rise, because it will fall sooner or later in a bear market. If the market plummets in a bull market, then you don’t have to worry about continuing to fall by buying the bottom, because it will rise again.
Bitcoin has a lot of long positions in the bull market. At this time, the main force will insert the pin downwards and take the long positions. For us spot traders, this is a wise time to enter the market or get on board. The continued stability of Bitcoin still proves that the energy of Bitcoin spot ETF is still effective, and that the Federal Reserve’s easing expectations are effective.
Coins worth buying at the bottom
Fantom (FTM) plays a key role in the cryptocurrency space, especially in the DeFi (decentralized finance) space. It is a smart contract platform that provides DeFi services to developers and has competitive advantages such as fast transaction speeds.
Given the solid fundamentals mentioned above, Fantom is one of the best coins to invest in. Moreover, it has also performed well after the rise of the cryptocurrency market. Reflecting the market as a whole, prices have embarked on a bullish path and are expected to rise further.
More importantly, the sharp decline from the all-time high (new high) left plenty of room for growth. As a result, Fantom is expected to rise at least 10x by the end of the year
#JUP
#Jupiter ( JUP) is currently priced at $0.75, with resistance levels at $0.68 and $0.81, and support levels at $0.42 and $0.30. The recent interest in Solana could open up new opportunities for JUP, potentially leading to a steady climb towards the second resistance level in the near term. A push from new investors could also push the price above the $0.81 mark.
#SOL
Solana (SOL) is a Standing tall with a high-performance blockchain protocol customized to support decentralized applications (DApps) and scalable smart contracts. Known for its unique architecture, Solana has the ability to process thousands of transactions per second, cementing its position as one of the fastest and most efficient blockchain platforms in existence.
#Solana’s meteoric rise is due to its ability to solve the scalability challenges that plague countless other blockchain networks. By leveraging a fusion of innovative technologies such as proof-of-history consensus and parallel processing, Solana cleverly achieves soaring throughput and negligible latency, making it the quintessential choice for applications that require fast and reliable transaction processing. As demand for scalable blockchain solutions surges, Solana has successfully earned a reputation as a frontrunner in the space. Hand-in-hand with the thriving ecosystem of projects and developers intertwined with its platform, Solana has attracted significant attention from investors and is poised for continued growth in 2024 and beyond. ‘
#AVAX
#
The above is the detailed content of Pullbacks in a bull market are all entry opportunities! Ambush These 4 100X Cryptocurrencies!. For more information, please follow other related articles on the PHP Chinese website!