After falling back to 62500, Bitcoin rose straight to 66500, setting a new high in recent times. At the same time, Ethereum also rose all the way from around 2440 to around 2650. This wave of strong counterattack undoubtedly indicates that the bulls have taken the dominant position. If the prediction of the previous two days was only technically bullish, then the current large-scale pull-up is a strong confirmation of the prediction! Since the market has already gone out, we can just follow the trend. Do not change the spot position easily, because the rising trend often has a rotation effect.

At present, the only trend pressure left for Bitcoin is around 68,000. It would be healthier to adjust around 65,000 and then attack again. In a strong situation, if Bitcoin gets support around 65,500 and attacks 68,000 and then falls back, the ideal situation is to step back to 64,500 and get support before attacking 68,000 again. At this time, you can pay attention to the opportunity to enter the copycat position again near the trend line!

When the market is rising, you may think that it may double tomorrow; when it is falling, you may think that it may collapse at any time. We should abandon subjective judgment and look for signals that suit us from the perspective of technology and K-line to enter the market. Be cautious and prudent, and ignore short-term fluctuations for medium and long-term positions. Learn to wait when there is no opportunity, and participate decisively when there is an opportunity.

The short-term situation is clear, but the trend reversal needs further confirmation, that is, the big cake breaks through 68,000 and stands at 70,000. We take it one step at a time. The trend is moving in a good direction, and the reversal needs time to brew. Be patient and hold the varieties you are optimistic about, waiting for the trend to come.



Is this surge in BTC a rebound or a bull run?


This time, Bitcoin's rise back above 66,000 is extremely stable, and is indeed higher than a recent high.

Today's observations found that unlike in the past, a wave of pullback did not start immediately. It seemed that only an acceleration was needed to break through the previous pressure level of 68,000.

Today, we no longer want to use vague positioning to define the so-called bull market or rebound. Because in fact, we can only earn wealth within the scope of our trading system, which has little to do with whether it is a bull market or a rebound.

There are not many copycat varieties that continue to accumulate in this round, which are the ones mentioned repeatedly before. In this round of decline, there are too many varieties in the same track, and they are all concentrated.

We are not trying to make money from a rebound or a bull market, but to make money from the time when the US continues to rapidly cut interest rates to 3% to 4%. This may take 3 to 5 months. During this period, as long as Bitcoin is back above the trend, I will think it is a safe opportunity to participate in some high-quality targets. This period has a high tolerance rate and it is easy to make profits.

Don't dwell on whether it is a bull market or a rebound. Just follow the stop-profit and stop-loss trigger conditions you set in advance and firmly execute them, and you will be able to avoid the influence of your mentality. Those who compare the market value of the previous account and the market value of the next account, as well as the previous and the next prices of various currencies, will most likely find it difficult to make good investments in the future, because they cannot make each investment decision independently.

Next, I hope everyone can make more money!



Will the market be exciting in the next few months?


1. Ethereum has already entered the second half. Driven by multiple favorable factors (such as the development of ETFs, the continuous expansion of the ecosystem, positive deflation, etc.), its development momentum will only become stronger. We just need to continue to be patient and wait.

2. The core themes of the bull market narrative are still AI, games, MEME, public chains, staking and RWA, and the rhythm of rotation still plays a significant role.

3. The general direction of the market is always upward. When it experiences a correction and stabilizes after a sharp rise, it is the best time to enter the market.

4. Avoid changing positions frequently. Past bull market experience tells us that abandoning the chips bought at the bottom and chasing the rise is often the most likely behavior to lead to losses in a bull market. Only when the wind blows can we dance gracefully.

Currently, Ethereum is performing strongly, and altcoins are gradually recovering. Once the adjustments are in place, the altcoin season will explode with the big explosion in the fourth quarter.


At the beginning of the big market, here are some advices:


1. Give priority to those targets that are in the bottom oscillation and have a clear accumulation structure. Once the volume increases, some of these targets will be the first to emerge. However, you must not change them at will just because you see that other targets you hold have not risen, otherwise it is easy to end up with nothing.

2. Don’t be overly concerned about the cost, don’t be too concerned about the comparison with the current price, and don’t easily define a certain target as expensive or cheap.

Finally, let’s summarize the good standards for each track:


1. RWA sector: Needless to say, emerging hot spots, institutional layout


Focus: Polyx, ONDO, TRU


2.Solana Ecosystem: No need to say more, those who understand will understand


Targets: JUP, BOME, SOL, PYTH, JTO, BONK


3.Game section:


Focus: GALA, PIEXL, YGG,, IMX, XAI


4.MEME must-have 2024


Focus: floki, PEPE, WIF, BOME, NEIRO


5. New public chain:


Focus: SUI, SEI, APT


6. BTC Ecosystem: Great Opportunities


Targets: SATS, ML, MAP, ORDI, MUBI, STX


7. AI sector: one of the main lines of the bull market


Targets: LPT, RNDR, NFP, JASMY, WLD, FET, ARKM