The cryptocurrency market has seen a significant rebound today, with major digital asset prices reaching new highs. Leading cryptocurrencies such as Bitcoin, Ethereum, and XRP have broken through previous resistance levels, attracting widespread attention from investors.



It is worth noting that during this round of increase, DOGE (Dogecoin) has not shown significant gains, but the market generally expects it to possibly start soon. For DOGE holders, maintaining an optimistic attitude and continuing to hold spot positions remains the current mainstream strategy.

Current market trends indicate that the so-called 'altcoin season' has quietly begun. In addition to mainstream cryptocurrencies, secondary crypto assets such as SUI, Solana, Uniswap, Cardano, Stellar, Chainlink, Avalanche, and meme coins like SHIB and PEPE also present potential investment opportunities.

However, the market direction still heavily relies on the performance of Bit. Analysts point out that if Bit can break through the 200,000 USD mark this year, it may trigger the largest altcoin market in history; even reaching 150,000 USD is expected to bring a considerable rise in altcoins.

As Bitcoin returns to the significant price level of $120,000 and Ethereum breaks through $4,300, the heat of the cryptocurrency market is rapidly rising. Investors need to closely monitor market trends while carefully assessing the investment risks and potential returns of various crypto assets.
BTC-0.53%
ETH-3.9%
XRP0.22%
DOGE-0.55%
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
  • 6
  • Repost
  • Share
Comment
0/400
SighingCashiervip
· 08-14 10:47
I bought a wave of sol, still hoping it will rise.
View OriginalReply0
MeaninglessGweivip
· 08-11 12:44
One hundred thousand is really within reach.
View OriginalReply0
TaxEvadervip
· 08-11 12:41
Hurry up and enter a position with full leverage!
View OriginalReply0
TokenEconomistvip
· 08-11 12:38
actually, the altcoin market behavior perfectly aligns with traditional momentum theory, where β = BTC correlation coefficient...
Reply0
DeFiChefvip
· 08-11 12:35
The chain dogs should be happy about this wave.
View OriginalReply0
GweiWatchervip
· 08-11 12:29
alt season finally arrived
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)