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

加密货币市场的看涨前景和主要的加密货币出售

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.

在即将到来的比特币减半的推动下，加密货币市场预计 2024 年将出现牛市。尽管存在持续的不确定性，但市场的长期前景仍然看涨。然而，投资者应考虑在牛市之前出售某些加密货币以优化其投资组合。

Significance of Bitcoin Halving

比特币减半的意义

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.

比特币减半每四年或在区块链上完成 210,000 个区块后发生。它减少了进入流通的新硬币的数量，确保了比特币的稀缺性。通过将给予矿工的区块奖励减半，减半限制了新代币的供应。

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，矿工每个区块收到 6.25 BTC。减半后，该奖励减少至 3.125 BTC。因此，进入市场的新硬币的供应量显着减少。

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.

供应紧缩，加上持续或不断增长的需求，引发了比特币价格的指数级上涨。因此，预计 2024 年和 2025 年将出现大幅反弹。

Cryptos to Sell for Portfolio Rebalancing

出售加密货币以重新平衡投资组合

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

投资者应考虑在减半后重新平衡其投资组合。由于各种原因，XRP 和 PEPE 等加密货币是潜在的出售对象。

1. XRP

1. 瑞波币

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.

跨境汇款代币 XRP 在过去 24 小时内小幅上涨 1.1%，但在最后一小时内下跌 0.5%，交易价格为 0.52 美元。这种中性的技术面与大盘相符，比特币努力突破 64,000 美元的阻力位，以太坊徘徊在 3,100 美元支撑位和 3,200 美元阻力位之间。

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.

在诉讼裁决之前，XRP 持有者表达了担忧。一些人表示愿意退出，质疑 Ripple 从美国迁出的潜在影响。

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.

周五美国交易时段，XRP 价格维持在 0.5254 美元的支撑位。比特币减半后，本周价格达到 0.5664 美元，但面临 50 日均线和 200 日均线的阻力。

XRP price chart | Tradingview

XRP 价格走势图 |交易视图

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.

维持在 0.55 美元上方或收盘价高于 0.52 美元即时支撑可能会鼓励下降楔形突破，可能将 XRP 的价格推至 0.7 美元，并将差距缩小至 1 美元。

2. Pepe Coin (PEPE)

2.佩佩币（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）是以太坊区块链上的一种新加密货币，正在迅速获得关注。它的目的是效仿柴犬和狗狗币等模因币的成功。目前佩佩币市值排名第 35 位，市值为 32.2 亿美元。

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等平台的支持以及大型投资者的收购提升了其知名度和价值。市场趋势和类似模因币的崛起也促成了佩佩的看涨势头。

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 的价格为 0.000007638 美元，过去 24 小时内上涨了 5%。这种激增使其成为当今 CoinMarketCap 上最受欢迎的模因币。过去一周，该指数大幅上涨 47%。在过去的 12 个月里，PEPE 的价值飙升了 3368%，使其成为本周末获得丰厚回报的潜在投资。