#BTC #你看好哪些AI趋势币种？ Yesterday's BTC daily candlestick showed a clear suppressive effect of the 30-day moving average, causing the BTC price to retreat and collect the Bearish line. On the daily chart, the BTC price just retraced to the daily 14-day moving average near 62700.

The market is currently in a long short battle phase, with the top resistance level above at 64,800, followed by 67,000. For the longest, the current pressure is quite high, and the situation is not optimistic. In the short term, focus on 62,000 points below. ETH also retreated yesterday and charged a solid Bearish line, leaving a long upper wick.
Technicals show that the price has rebounded after retracement to the daily 7-day moving average. At present, the market is more weak, focusing on the 3000 and 2750 points below in the short term. Intraday topside focus on 3117 and 3177, the overall trend is biased towards shorts.
Yesterday, the FETs in the AI zone showed a relatively healthy trend, but it was affected by the overall market environment. The coin pumped as much as 12% before retreating slightly. For fren who have an operation plan, in the short term, you need to pay attention to the pressure of the upper capital disk near 2.5. In the short term, the altcoin market has entered a relatively weak stage, so it is important to pay attention to risk control. The current market capitalization situation forces a focus on three main areas.
In the last Bull Market, Bitcoin pump from $10,000 to $60,000, while alts's market capitalization soared from $180 billion to $1.2 trillion, an rise of about six times. Today, the alts market capitalization is close to about $1.2 trillion, and rise six times more would require $7 trillion. However, the difficulty of this rise can be imagined: it is equivalent to expecting alts market capitalization to rise again 36 times the last Bitcoin time the price was $10,000.
Therefore, in the current coin selection environment, it is particularly necessary to continue to focus on the following three areas: the meme zone: including projects such as bonk, wif, bome and pepe. AI zones: including projects such as RNDR, WLD, ARKM, NEAR, FET and AGIX. RWA tracks: including ondo and rio events.
Finally, there is the correct cognition/understanding of interest rate cuts, please read it patiently! The perception of interest rate cuts needs to be properly understood, and interest rate cuts are not a savior. In the process of constantly anticipating rate cuts, we have at least a story to tell, and this time is very precious. Some KOLs at the half-barrel level, although they do not understand macroeconomics, like to call for interest rate cuts loudly. But a rate cut does not mean an immediate favourable information, as a rate cut requires at least a 0.5 to 1-year transmission period. Interest rate cut = water release will mislead longest retail investors. At present long retail investors are ready to enter the market immediately after the rate cut (waiting for trapped prison). The macroeconomy needs to be considered holistically, but it makes no sense to talk about it every day without taking action. Some half-assed opinion leaders only know how to call for interest rate cuts, but do they know what the consequences will be after the rate cut? A rate cut is usually followed by a recession. A higher-than-expected unemployment rate is favourable information at the moment, as it will prompt a rate cut; But once the rate is actually cut, if the unemployment rate exceeds expectations, it means a recession.
Macro analysis is not something that can be understood by watching a few videos and reading a few half-bucket posts. At the very least, you need to carefully read all the history of the reconstruction of the world after World War II, understand why the dollar is the basis of the reconstruction of the world, and understand the current challenges facing the dollar. The period before the rate cut is a honeymoon period, a small spring. Ethereum and other altcoins may usher in a wave of pumping, and institutions also need to seize the time to dump and liquidate before the recession narrative, which is the basic logic of this small bull market. The idea that "there is no Bull Market without a rate cut" is very dangerous and naïve. We should cherish this honeymoon period and stabilize the Spot in our hands is the right thing to do. When the real rate cut comes, we need to be prepared to leave the market for a while, and wait until the recession narrative breaks down everyone's psychological defenses!