The biggest news yesterday was SOL's ETF. The result is likely to be rejected, but this is not important. We are just afraid that the project party will not make any efforts. Previously, Mr. Dan used data to show the comparison between the number of investors entering this round and the bull market in 2021. The data shows that only some mainstream coins rose in the first half of this year, and other coins lacked obvious money-making effects. Many investors are keen on small coins. After a round of big increases, they not only did not make money, but lost a lot of principal. Many people want to know when small coins will rise. This is extremely uncertain, and most small coins may never rise again. For small coins to rise, the following basic conditions must be met:
1. Investors must rush in like crazy like they did in 2021, with the number of investors increasing 10 times from the current level.
2. The small coin project must continue to operate, rather than running away, and the project must have a certain mass base.
3. The launch of new products on Binance must be effectively suppressed. No matter how much money there is in the market, it cannot support the issuance of coins by all. Once the funds are diverted, it will be difficult for small coins to rise.
4. Small coins need to have certain application scenarios, or the project party must have profitability and continue to provide blood transfusions through profit repurchases, such as the current platform coins.
In the end, there will be a few monster coins (hundred-fold coins) on the market, but these will not be the coins that use a lot of money to find KOLs and media to promote, but those that study how to land projects and generate profits down to earth. It is only a matter of time before the number of digital currency investors increases. It requires a landmark event to appear, which may be the landing of a super application or Bitcoin's attack on $100,000. Even if small coins rise in the future, it will be difficult to reproduce the general rise in 2021. The rising coins must have a mass base and the project party continues to operate. Compare the coins in your hands, and adjust the positions as soon as possible if they do not meet the conditions, otherwise it may be difficult for even your grandchildren to get out of the trap.
Market analysis:
BTC：
The overall trend continues to be 64500, and the 15-minute level forms an upward central segment. It is likely to continue to move upward in the next two days.
ETH：
Yesterday I said that when we see 3550, it is close to the pressure level and we can gradually take profits near 3500;
Altcoins:
Yesterday, the market began to rebound across the board due to the influence of SOL ETF. Although the BETA that my brothers had invested in in May was trapped for more than a month, now all of it has come back. This is why the market always gives you the greatest hope in despair.
From a comprehensive perspective, altcoins continue to strengthen as a whole. BTC/ETH is rising slowly today. It is worth noting that funds are still rotating in the market. Don't cut losses. Today, you can invest in W, Omni, and ETHFI.
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