Market hot spot analysis:

1. ENS, TIA, DYM, XAI and other ETH-related products rebounded. ETH ETF will be approved next week. XAI team will continue to lock up some of its shares for 6 months, and the unlocking ratio of circulating supply will drop from 71% to 36%. TIA plans to unlock 120% of circulating supply by the end of October.

2. Meme's $not, $bonk, and $pepe rebounded. Meme is still the sector with the strongest rebound.

The market has hit a new low. What should we do at this stage?

BTC fell twice during the day, mainly due to the selling of coins by Mentougou and the German government, which led to the decline in the market
At present, it will take 60 days for Mentougou to pay the compensation. By mid-September, the negative impact will end and it will be a positive. The impact on the market will be small in the later period. This wave of decline has been over-digested.

The good thing at the moment is that the big pie ETF funds have already bought the bottom on a large scale yesterday. The focus is on this Tuesday and Wednesday at 10:00 p.m., Powell will give a speech, and the CPI data will be released at 8:30 p.m. on Thursday. There will be up and down pin behavior

The strategy is to invest in batches to buy the bottom when the copycat stocks fall by 10% and the mainstream stocks fall by more than 5%. The general election + interest rate cut policy from September to November will bring a turnaround to the market.

This month, I will be patient and invest in the seeds, waiting for the price to rise.

If the bull market comes back, what should we do?

➢ETH will rise first, and may return to 4,000 or even higher due to the approval of ETF (definitely) and inflow; 1b/SOL will still have momentum, and there are also expectations for potential SOL ETF;

➢ After ETH has risen, it will be the turn of the altcoins to rise. There is no need to rush to hold a large position in the altcoins, as the altcoins lack depth and liquidity;

➢You can look at defi and infrastructure, such as aave, makerdao, uni, etc., which have experienced several rounds of bull and bear markets.

➢ OP prices have returned to the beginning of the bull market in December last year, and VC coins represented by wld will continue to unlock. Restaking has come to an end, and Pendle TVL has dropped sharply. Whether it can return to the previous high remains to be considered.

➢ Many altcoins do not necessarily need to be pushed up. When buying altcoins, think about whether they can outperform ETH.

➢ After a big drop back to the same starting line, it is better to look for the leader of the track with a fast rebound. Try to be as representative as possible, or listed on BN LP. Avoid frequent high-buy and low-sell, and wait for happiness to knock on the door.

Personally, I am more optimistic about $PEPE

As a famous Meme coin $PEPE on the Ethereum chain, people's expectations for the approval of ETH spot ETF continue to rise.

$PEPE The Simpsons cartoon character $PEPE appears in episode 69. Do you know what this means? When they add a new character to their cartoons or movies or fantasy storybooks, its price increases significantly and creates a new all-time high. This year’s $PEPE is going to be unparalleled and the community continues to grow.​

Once Simpson predicts something, it will come true.

It is entirely possible for $PEPE to rise to $1! Those who say that the circulation is too large, with 420 billion coins and a market value of $420 billion, should listen to the story of Bitcoin. In 2009, Bitcoin was only a few cents per coin, but more than a decade later, one coin is worth more than $70,000. Time is the key to price increases!

PEPE coin plays the deflation trick. Every transaction burns some coins. With less supply, it naturally becomes more valuable. Although there are not many updates now and there are countless deflation coins, this trick is still quite effective. You see, PEPE coin has increased a lot in a year, relying on its volatility and strength in the market. Many people don't notice it, but deflation is very helpful for long-term price increases.