In recent days, the market has seen a violent reshuffle. I have said it many times before. If most people are not reshuffled to tears, how can the bull market go straight? I also heard that many people are cutting their losses and are extremely scared. The altcoins are falling, but Bitcoin is not falling. It is because they do not want to fall. The decline is limited, and scaring you is the main theme. There is no need to shout about the lows of 4-50,000 in fear, nor do you need to shout about 8-10,000 with fomo. This is mindless and blind. Multiple data show that this is the result of the dog dealer's game to guide your thinking. The bull market is still the bull market worth looking forward to and super-fulfilled. Remember, it is epic. If you feel that many things are impossible, it is because you have been swayed by the market. You have been used as a gun by the dog dealer.
As for the market, after Bitcoin fell below the bear-bull line on June 18, the mid-term trend has been bearish, and the accelerated deep decline has not yet arrived. Now it is a frog in warm water, a step-by-step decline, a rise of 7 and a fall of 10. In the short term, BTC 67750 is the ceiling. Most of the old cottages, including the leaders of the sector, have fallen to the lower track of the weekly line, and many have fallen below the middle track of the monthly line, but there may still be a -30% correction space in the future. Buy spot stocks at low prices in the third quarter, and see the harvest within a year after the fourth quarter.
The bulls are exhausted physically and mentally, just like what Nicholas Tse said before his death at the end of "Raging Fire": I admit defeat, but I don't accept my fate. Take a break, work hard, and do something else meaningful. Life is not just about playing with coins. Although it is a joke, the coin market has indeed seen many declines in May and June and rebounds in July.
I casually flipped through the historical trends. In recent years, except for a drop in June 2023 and then a V-reversal, there was no plunge in June in 2020 because the market had just experienced the pain of 312, but the trends in May and June of the past two years were not good. The market trends in May and June of 2021, 2022, and 2024 were all very bad, with significant declines. So the saying that May is poor, June is desperate, and July is a turnaround is not completely unreasonable, especially in a market with such strong cyclicality and historical recurrence rate in the currency market, we really have to pay attention to it. Of course, having said that, the market downturn in May and June is also a good time for us to make arrangements and look forward to a turnaround in July. Water can carry a boat, but it can also overturn it. As long as we can make good use of many rules of the currency market, they can really help us to avoid risks, escape tops, and buy bottoms.
Bitcoin is continuing to verify the key position of the bottom support. Once the daily level signal comes out, the bull market will break out again. If you like right-side trading, don't trade before the market stabilizes. If you like left-side trading, then look for high-quality leaders to ambush at low prices. Then focus on runes. If brc20 is dominated by the East, then the rune market is definitely dominated by both the East and the West, which can be seen from trading markets such as OKX and Magiceden.
There are fewer and fewer opportunities in the cryptocurrency market now. It has been almost a month since the last big opportunity to pull the price of NOT.
In the past two years, such big opportunities occurred about once a week, but now they only occur once a month or even longer.
And you can only make some money if you catch it!
It has been a month since the last big opportunity. What has been good in this month is that the profits have not been withdrawn.
Then yesterday, Binance launched the new LISTA, which is definitely a potential opportunity. I am not sure how high it will go, but it is definitely an opportunity. Where there is hot money, there is opportunity! Combined with the fact that there has been no big opportunity in 1 month! If there is no opportunity to miss the opportunity, then LISTA should be very likely to become the first dragon in the near future! (The above is just my personal opinion, just take a look!)
