France's annual household consumption expenditure in September

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#HCT# Friends, as long as the price doesn't drop below the green line, the uptrend remains intact. It could be risky when it drops below the green line. If it breaks above the green line, there could be a potential increase as indicated by the area marked in red. In my profile, I have analysis like this, you can follow 😉

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As the WLFI project is about to log in to the exchange, discussions about its market valuation have become increasingly heated. It is reported that in OTC Trading, the price of WLFI has fluctuated between $0.1 and $0.2, which corresponds to a valuation of $10 billion to $20 billion. Some market participants have even reported seeing a price of $0.4, which would bring the project's valuation to an astonishing $40 billion. As the official listing date approaches, investors and analysts are speculating on the opening price of WLFI. If WLFI opens at $0.3 or $0.4, or even reaches some optimistic predictions of $1, it will surpass many well-known blockchain projects in market capitalization. This potential high valuation not only reflects the strong interest in WLFI from the market but also raises questions about its long-term development prospects. For early investors, the listing of WLFI could mean huge investment returns. However, some analysts warn that such a high valuation may be difficult to sustain and urge investors to exercise caution. Regardless, the listing of WLFI will undoubtedly be an important event in the cryptocurrency market, worth close attention from all industry participants. Although the market is full of expectations, we should also recognize that the true value of a project will ultimately depend on its technological innovation, practical application scenarios, and long-term development strategy. In this rapidly changing industry, it is crucial to remain rational and objective.

Bitcoin has shown strong performance recently, with the price breaking through the resistance level of $114,800, and is now approaching the important pressure range of $117,000. Starting from $112,000, Bitcoin has achieved an increase of about $5,000 in a short period, demonstrating strong upward momentum. However, since today is Saturday, the market liquidity is relatively low, and Bitcoin is likely to consolidate below the current resistance level. Investors should closely monitor the hourly chart to see if there will be a short-term adjustment or a continued breakout. Although there may be sideways consolidation over the weekend, Bitcoin is still likely to continue its pump trend next week. Investors need to closely monitor the depth of the pullback, which could provide new entry opportunities for the next rise. Overall, the current trend of Bitcoin is encouraging, but investors should remain cautious, closely monitor market changes, and manage risks appropriately. It is advisable to conduct thorough research and analysis before making any investment decisions.