Observing the current market dynamics, the performance trends of the four kings show obvious differentiation between strong and weak. Preliminary judgment shows that SOL's strong position remains solid and is expected to continue for some time; BTC and ETH follow closely, but their performance is relatively mild; while BNB appears relatively weak.
It is particularly worth noting that the capital power behind SOL cannot be underestimated, and its strong performance is likely to be further boosted after the ETF is passed. Therefore, from the perspective of long-term investment, BTC and SOL are undoubtedly high-quality choices for buying in batches at present.
For ETH, although its ETF has been passed, Grayscale's potential selling pressure and buying trends still need to be closely monitored. In contrast, BNB may not be an ideal purchase at this stage.
In terms of altcoins, most (95%) appear to lack investment value. However, the leading meme coin in the BTC/SOL ecosystem and ETH's meme coin PEPE are worth paying attention to, and they may become highlights in the market.
After two weeks of rising, it is normal for the market to enter a period of rest and shock. At this stage, it is more suitable for us to observe and screen those high-quality altcoins with potential so that we can buy them in batches at the right time.
Looking ahead, we expect a solid performance from the market this month and further growth in August.
