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Analyst: SOL, LINK, OM and RAY may now show rising signals

Analyst: SOL, LINK, OM and RAY may now show rising signals

Bitget2025/01/27 01:18

The price of Bitcoin is fluctuating between $100,000 and $109,000, with insufficient short-term bullish signals in the market. Analyst Nick Forster stated that the lack of positive factors such as Bitcoin reserve announcements has resulted in insufficient short-term market momentum.

CryptoQuant analyst IT Tech pointed out that long-term holders continue to buy during pullbacks, and the outlook for Bitcoin over the next 12 months is optimistic. In addition, Solana (SOL), Chainlink (LINK), Mantra (OM) and Raydium (RAY) are performing strongly. If they break through key resistance levels, they could potentially rise to $375, $33.36, $6.32 and $10 respectively. It's important to pay attention to breakthroughs at technical key positions.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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