A decline unique to BTC.
Bitcoin fell to $58,000, but the altcoins did not follow, which is very rare in previous bull markets.
This means that the cottage industry has fallen to the bottom. After the Great Cold, there will be a Great Heat.
A big shot said it right: "No matter how much the cryptocurrency market will fall next, I will never choose to liquidate and leave at this time. On the contrary, my position will only get heavier and heavier. By the end of July, I will definitely increase my position to 80%, leaving only 20% outside to cover my living expenses for a year."
The purpose of falling is to buy. Even if you have no money to buy, you have to endure it.
There is no doubt that the most difficult time has passed. What follows is that the price will continue to rise slowly, and the market will be constantly washed out to allow you to make short-term money. The small profits will make you gradually lost in the bull market and lose the belief of holding positions firmly. Finally, the bull market is over.
The more the market is down, the less you should clear your positions and wait and see. You should only exit the market gradually when the market is rising." Currently, there is only one negative factor left, Mentougou.
Once this matter is slowly digested, various favorable factors and big market trends will follow. Please wait patiently.
![](https://public.bnbstatic.com/image/pgc/202406/4847cb79b7f1e690ff23d56af3f79ac7.png)
4 altcoins with great potential are about to soar 20 times!
JTO
Recently, the token became the leading DeFi protocol on the Solana network, ending the week with a total value locked (TVL) of over $1 billion. This massive growth triggered a massive surge in the Jito token price, which is up 8.5% this week.
The token is currently priced at $2.48, having gained 1.89% in the past 7 days and 8.12% in the past 24 hours. Additionally, the token exhibits strong liquidity, as evidenced by its sizeable market cap. Market sentiment on Jito’s price outlook remains positive, with a Fear & Greed Index score of 68 (Greed).
![](https://public.bnbstatic.com/image/pgc/202406/5d4ab9c391362be4ea7769cc73fb1582.png)
SUN
Solana (SOL-USD), like all other cryptocurrencies, mostly follows Bitcoin. When Bitcoin goes up, Solana goes up. When Bitcoin goes down, Solana goes down. This is the nature of all altcoins, they follow the leader.
The point, then, related to US debt is that as Bitcoin rises, Solana will likely rise, for the reasons I mentioned above.
Solana’s value may also increase due to its own internal advantages. Solana’s overall advantage is that it processes transactions much faster and cheaper than Ethereum (ETH-USD). That’s why it’s called an Ethereum killer. It’s a disruptive force. Developers appreciate Solana’s high speed and low transaction prices.
Solana was recently proven to be 46x faster than Ethereum in real-world comparison tests. It looks like Ethereum has something to lose right now, and Solana has something to gain. Buy it for its performance, because crypto should continue to appreciate as the U.S. debt piles up.
![](https://public.bnbstatic.com/image/pgc/202406/5263fa848e0264207eb039f5d5978251.png)
WLD
The WLD token is the native cryptocurrency of the Worldcoin project, an innovative project that aims to solve global economic inequality through decentralized technology and biometric authentication. The WLD token plays an important role in the ecosystem, mainly used to incentivize and reward users and promote inclusive finance worldwide.
WLD fell below the 200-day moving average and the descending wedge, with a 24h trading volume of about 5%, and its eight-wave pattern has completely ended. Since the big drop has reached a certain bottom, the decline caused by the release of its tokens in July should be more conservative. If there is more favorable news, then its decline will be more conservative. For the upcoming token unlocking, I think it is mainly to increase the supply of the project, not other things.
![](https://public.bnbstatic.com/image/pgc/202406/38db759cf39003ddb2e8900588fdbc90.png)
BABY
Leading the way in this memecoin wave is Pepe Coin (PEPE), which has seen a massive 15% increase in price over the past week and 14% over the past 24 hours, breaking a period of trading stagnation.
If Bitcoin maintains its bullish momentum, PEPE could rise significantly and could even drop a zero from its current price.
PEPE has been in a correction phase for about a month after setting a new all-time high. The recent price correction has formed a falling wedge pattern over the past month, which is generally considered a bullish sign indicating a possible upside breakout.
In the event of such a breakout, the price of PEPE could surge by 96% to a new all-time high of $0.00002096.
![](https://public.bnbstatic.com/image/pgc/202406/d66efe83cdaa16933c77ab1475bc6cca.png)