The price of Bitcoin once again tested the $65,000 mark, and has been touching this position for three consecutive days. This shows that the main force is testing and has begun to make moves. The probability of BTC breaking through 65,000 is increasing. After short-term fluctuations, it is expected to enter the upward channel again, and the target can be expected to be 68,000.


BTC has been under pressure below 65,000 for a week, and the daily K-line is still strong, mainly fluctuating in a narrow range around 62,350-64,745. The possibility of breaking through 65,000 is increasing.




Why do we say that a big bull market may really be coming? And how will the market develop in the future?


Gold is going crazy, breaking through all-time highs. Bitcoin rose by $4,000 in the past week, and Ethereum rose by nearly $300. The crypto industry experienced its best week since September. If it can keep up, the Bitcoin decline curse in September will be broken. Some analysts even said that this is just the beginning, and the next October or even the entire Q4 will usher in a bigger explosion.


What are the factors driving Bitcoin's recent rise?


1. The Fed cuts interest rates, kicking off the rise of Bitcoin

2. Gold surges

3. Ethereum rebounds, driving market sentiment back to health

Ethereum has bottomed out and rebounded in recent days, boosting the activity of the entire ecosystem. Market sentiment has improved, and all sectors are rising, which also plays an important role in maintaining the price of Bitcoin.

4. Harris publicly announced his support for the crypto industry for the first time


Market hot spots:
1. New public chains sui and sei rose. sui approached a new high and entered the top 20 in market value.

2. The public chain sol rose sharply, and ecological wif, fida and others followed suit. Fida is a new contract recently launched by bn.


3. Meme's neiro has surged. Neiro is the market leader, bn is a strong market maker + a strong community.


4. AI stocks such as Tao, Arkm, AR, NEAR, and AIT rose. Presidential candidate Harris announced that she would vigorously develop AI.


5. Modular TIA short squeeze surges. TIA Foundation $100 million half price OTC. Next month's big unlock, pull up the market before unlocking. TIA's short selling fee rate is as high as -160%.


6. On-chain dog terminus surged, which is Musk's Mars city meme, and surged 2,000 times in a week. Big boss Li Ping supported it, and many local communities spread it. The meme is the excess liquidity in the market. Under the background of market fluctuations, active speculative funds are mainly on the chain.


This is the beginning of the Meme narrative. The copycat industry is recovering. Once adjustments are made, the copycat industry will explode. The copycat season will break out along with the Q4 explosion.


Many MEME coins have basically bottomed out, but they are still divided into strong and weak ones. PEPE, WIF, FLOKI, BOME, and MEME coins are recommended. These coins have also experienced several deep washes in the past six months, and the bottom is relatively clear at this stage. As long as the big cake continues to rise, these coins can be bought in batches at low prices. I believe they will set new highs again.


This means that crypto confidence will continue until the end of the year, and at this time we should pay attention to high-quality copycats at the community or other levels.


Main line: Invest in BTC and the interest rate cut-favorable sectors in October, increase positions during corrections, plan for the end-of-year market, and wait for the main upward trend!


The next two meme events are predictable and have a money-making effect.

First, Cz’s cousin will come out at the end of September, and there will be a meme about Cz.

Second, whether Trump can become the president of the United States will be announced in early November this year. If he is elected, related concepts such as Maga, Trump, and Fight, which have absolute community support, will definitely be hyped. At present, they have fallen a lot. After all, the early stage was very crazy. These tokens are very likely to be hyped before the election results are announced. These tokens are definitely opportunities



Let's talk about SUI, which is very popular today:

  • As an emerging public chain, SUI's market performance is gradually increasing.

  • It has received support from large investment institutions such as Grayscale Trust, providing strong guarantees for its future development.

  • However, due to the relatively small circulation of SUI and the large number of unlocked tokens, its price may fluctuate greatly due to the influence of market supply and demand.


  • Future Challenges for SUI

  • Although Sui has achieved significant market results recently and its ecological development is gradually advancing, it is still too early to call it a "Solana killer".


From trading volume, activity to market infrastructure, there is still a significant gap between Sui and Solana. The one that can really compete with Sui may be TON, which is also highly positioned, rather than Solana.

In the investment market, short-term price fluctuations are often affected by multiple factors. In the long run, whether Sui can gain a foothold in the highly competitive public chain ecosystem will require more time and market testing.


As a new public chain with excellent performance and prosperous ecology, Sui is attracting more and more attention with its unique charm and unlimited potential. In the second half of the bull market, the competition between Sui and Solana will be more intense and exciting. However, no matter who will win in the end, we should expect and believe that the blockchain industry will prosper as a result.