The Crypto Market's Bullish Outlook and Key Cryptos to Sell

加密貨幣市場的看漲前景和主要的加密貨幣出售

The cryptocurrency market anticipates a bull run in 2024, driven by the upcoming Bitcoin halving. Despite ongoing uncertainties, the market's long-term outlook remains bullish. However, investors should consider selling certain cryptocurrencies before the bull market to optimize their portfolios.

在即將到來的比特幣減半的推動下，加密貨幣市場預計 2024 年將出現牛市。儘管存在持續的不確定性，但市場的長期前景仍看漲。然而，投資者應考慮在牛市之前出售某些加密貨幣以優化其投資組合。

Significance of Bitcoin Halving

比特幣減半的意義

Bitcoin halving occurs every four years or after completing 210,000 blocks on the blockchain. It reduces the number of new coins entering circulation, ensuring Bitcoin's scarcity. By halving the block reward given to miners, halving restricts the supply of new coins.

比特幣減半每四年或在區塊鏈上完成 210,000 個區塊後發生。它減少了進入流通的新硬幣的數量，確保了比特幣的稀缺性。透過將給予礦工的區塊獎勵減半，減半限制了新代幣的供應。

Before April 20, miners received 6.25 BTC per block. After halving, this reward was reduced to 3.125 BTC. Consequently, the supply of new coins entering the market has significantly decreased.

4 月 20 日之前，礦工每個區塊收到 6.25 BTC。減半後，該獎勵減少至 3.125 BTC。因此，進入市場的新硬幣的供應量顯著減少。

The supply crunch, coupled with sustained or increasing demand, triggers an exponential rally in Bitcoin's price. Hence, significant rallies are anticipated in 2024 and 2025.

供應緊縮，加上持續或不斷增長的需求，引發了比特幣價格的指數級上漲。因此，預計 2024 年和 2025 年將大幅反彈。

Cryptos to Sell for Portfolio Rebalancing

出售加密貨幣以重新平衡投資組合

Investors should consider rebalancing their portfolios after the halving. Cryptocurrencies like XRP and PEPE are potential candidates for selling due to various reasons.

投資者應考慮在減半後重新平衡其投資組合。由於各種原因，XRP 和 PEPE 等加密貨幣是潛在的出售對象。

1. XRP

1. 瑞波幣

XRP, a cross-border remittance token, has experienced a modest 1.1% gain in the past 24 hours but has lost 0.5% in the last hour, trading at $0.52. This neutral technical picture aligns with the broader market, with Bitcoin struggling to break resistance at $64,000 and Ethereum hovering between $3,100 support and $3,200 resistance.

跨國匯款代幣 XRP 在過去 24 小時內小幅上漲 1.1%，但在最後一小時內下跌 0.5%，交易價格為 0.52 美元。這種中性的技術面與大盤相符，比特幣努力突破 64,000 美元的阻力位，以太坊徘徊在 3,100 美元支撐位和 3,200 美元阻力位之間。

Ahead of the lawsuit ruling, XRP holders express concerns. Some indicate a willingness to exit, questioning the potential impact of Ripple's relocation from the US.

在訴訟裁決之前，XRP 持有者表達了擔憂。有些人表示願意退出，質疑 Ripple 從美國遷出的潛在影響。

XRP price maintains support at $0.5254 during US trading hours on Friday. It reached $0.5664 this week after the Bitcoin halving but faced resistance from the 50-day EMA and the 200-day EMA.

週五美國交易時段，XRP 價格維持在 0.5254 美元的支撐位。比特幣減半後，本週價格達到 0.5664 美元，但面臨 50 日均線和 200 日均線的阻力。

XRP price chart | Tradingview

XRP 價格走勢圖 |交易視圖

Sustaining above $0.55 or closing above $0.52 immediate support could encourage a falling wedge breakout, potentially pushing XRP's price to $0.7 and narrowing the gap to $1.

維持在 0.55 美元上方或收盤價高於 0.52 美元即時支撐可能會鼓勵下降楔形突破，可能將 XRP 的價格推至 0.7 美元，並將差距縮小至 1 美元。

2. Pepe Coin (PEPE)

2.佩佩幣（PEPE）

Pepe (PEPE), a new cryptocurrency on the Ethereum blockchain, is rapidly gaining traction. It aims to emulate the success of meme coins like Shiba Inu and Dogecoin. Currently ranked 35th in market capitalization, Pepe coin boasts a market cap of $3.22 billion.

Pepe（PEPE）是以太坊區塊鏈上的一種新加密貨幣，正在迅速獲得關注。它的目的是效仿柴犬和狗狗幣等迷因幣的成功。目前佩佩幣市值排名第 35 位，市值為 32.2 億美元。

Support from platforms like Coinbase and acquisitions by large-scale investors have boosted its visibility and value. Market trends and the rise of similar meme coins also contribute to Pepe's bullish momentum.

Coinbase等平台的支援以及大型投資者的收購提升了其知名度和價值。市場趨勢和類似迷因幣的崛起也促成了佩佩的看漲勢頭。

Presently, Pepe's price is $0.000007638, reflecting a 5% increase in the past 24 hours. This surge has made it the most popular meme coin on CoinMarketCap today. Over the past week, it has witnessed a substantial 47% increase. In the past 12 months, PEPE's value has skyrocketed by 3368%, making it a potential investment for significant returns this weekend.

目前，Pepe 的價格為 0.000007638 美元，過去 24 小時內上漲了 5%。這種激增使其成為當今 CoinMarketCap 上最受歡迎的迷因幣。過去一周，該指數大幅上漲 47%。在過去的 12 個月裡，PEPE 的價值飆升了 3368%，使其成為本週末豐厚回報的潛在投資。