Bitcoin and Ethereum are moving in different directions
Currently, there are long positions in Ethereum and short positions in Bitcoin, each going their own way without affecting the other. Ethereum has now risen above 3400, while Bitcoin has reached 99000. Currently, there are no losing positions in Bitcoin, Ethereum, and OP.
After Sol hit a stop loss yesterday, I am preparing to re-establish short positions at 260-263. The stop loss doesn't need to be too thick, just normal double is fine, which is about five points or so. The recent market trend is basically similar to Bitcoin, and the stop losses won't be too thick. Just yesterday, the OP tested the top with a thicker stop loss. Currently, with 20x leverage, there is a floating profit of one time. Basically, there is no hope for a market that cannot defend two times, and four times has little hope as well. Therefore, after conducting my own analysis of the market, I will make a good plan and proceed accordingly.
Ethereum has broken through the daily level resistance, and this breakthrough is expected to drive the performance of altcoins in the Ethereum ecosystem. Below is a summary of several key sectors in the Ethereum ecosystem:
After returning to around 1.4, ERN has not shown significant fluctuations for several months. This prolonged silence is not normal.
Therefore, it is expected to restart in the current market. At the current price of around 2.235, it is recommended to continue holding and wait for a larger increase.
If you haven't made a clear profit yet, don't easily let go of this opportunity.
ACT is about to迎来 the second wave of shipping opportunities, which is expected to可能 bring 10 times the profit! This is undoubtedly another major opportunity following the last round of BN, whether you can seize this opportunity depends on whether you are prepared and ready for judgment.
Currently, AI meme is undoubtedly one of the most important trends in this cycle. From the perspective of market capitalization, ACT can be compared with established VC coins like RENDER and FET. There is no need to be overly anxious about the current price, as once the trend starts, it may rapidly increase within a week.
$MORPHO is a new coin recently launched on OKEX. It was actively traded when it first launched, and there is a certain opportunity in the short term. Currently, after a round of fluctuations, there are signs of a rebound, making it suitable for light-position layout attempts.
Operation Suggestions:
Entry Strategy: The current price is around 1.1, so consider entering with a light position to seize the opportunity for short-term fluctuations.
Supplementary Purchase Area: If the price pulls back to below 0.93, you can gradually add to your position to further lower costs.
Target Profit: In the short term, the target increase can be expected to exceed 50%, so this coin has certain upside potential.
Risk Warning: As a new coin, $MORPHO has significant volatility, so it is advisable to control your position to avoid unnecessary risks due to large fluctuations.
According to historical patterns, Bitcoin (the big cake) usually enters a consolidation phase after rising to a certain extent, which is often the happiest moment in the cryptocurrency world. Specifically, this phase typically includes the following patterns:
1. Smooth Transition and Fund Transfer
When Bitcoin enters a consolidation adjustment (around 10% fluctuation), funds often flow into the altcoin market, especially large market capitalization coins that rise first, followed by other coins gradually catching up. Currently, we can see that long-term second-place **$ETH and the consistently stable $BNB** have started to show some movement, which could be an early signal of fund transfer.
2. Bitcoin Spike Rise
After significant fluctuations in Bitcoin's price (20%), it may rise again by about 10%, followed by consolidation, or a steady increase. At this time, altcoins may start to surge violently, creating a rapid upward trend.
3. Strategy Suggestions
In a bull market, attention should be paid to multiple different altcoin markets, selecting those that have risen significantly for selling, and those with smaller increases for buying, rather than taking the opposite approach. This can better capture the rotation of hotspots in the market and avoid missing opportunities.
When a target has an attractive new story or trend, it can attract more investors into the market; at the same time, strong community support and 'diamond hands' holders will encourage more people to hold long-term and not sell easily, thus reducing market selling pressure.
2️⃣ Time and scale are friends, not enemies
Choosing the right track is crucial! If a track itself is getting larger and has been developing for a longer time, then related targets will also appreciate as the track expands. For example, ACT will increase in value as the number of AI Agents increases in the AI Meme track. Conversely, if ordinary projects in the track lack competitiveness, they can easily be replaced by emerging projects, leading to value dilution. There may already be dozens of AI Agents in the market, and in the future, there could be hundreds or thousands, at which point funds and attention will be dispersed, and only the strongest projects will stand out.
Core Logic: When choosing investment targets, the key is to see whether the track the target is in has long-term appreciation potential, rather than having its value diluted by the expansion of the track.
Why hasn't Ethereum been able to rise? I believe there are mainly two reasons.
First, the continuous selling pressure from Grayscale has not dissipated, and other institutions have failed to effectively absorb it.
Bitcoin experienced a similar selling pressure from Grayscale when it was just approved for an ETF, but it quickly moved out of the adjustment phase and resumed its upward momentum.
In contrast, Ethereum has consistently failed to stop its decline. Many investors are waiting for Grayscale to finish selling its shares before Ethereum can rebound, but so far, this wait has not materialized.
The second reason is more profound: the fund managers of ETF issuers do not have enough incentive to promote the Ethereum ETF.
Grayscale holders are continuously selling, while other fund companies lack the purchasing power to fill the market gap. Bitcoin has powerful external momentum from big names like Elon Musk and Donald Trump, as well as endorsements from major players like MicroStrategy, and rumors that Microsoft will soon join; all of these provide strong external support for Bitcoin. In contrast, Ethereum lacks such super endorsements and strong financial backing.
For example, introducing Bitcoin ETFs to the American public is very easy because figures like Musk and Trump have already laid the groundwork for Bitcoin.
However, promoting Ethereum ETFs is much more complicated, requiring explanations of a bunch of technical terms that most people might not even understand, or they might even get lost.
It's like in our village; everyone has heard of Bitcoin, but very few people truly understand Ethereum. Most people are unlikely to invest in an asset they do not fully understand.
If you were the CEO of an ETF issuer, facing a massive influx of funds in the market, would you choose to continue promoting Bitcoin or spend time educating the market to promote Ethereum? This is also one of the reasons why Bitcoin's performance has outpaced Ethereum's.
As Bitcoin (BTC) continues to break upward, the potential for FLOKI's rise is also beginning to emerge. Based on current trends, FLOKI may continue to climb, with an increase of up to 105.94%. From the weekly chart, FLOKI has entered a consolidation phase, and once it breaks through the current consolidation range, the price is expected to surge, with a target price potentially reaching $0.00058053.
Of course, this breakthrough will not happen overnight; FLOKI may first test the support level of $0.00020546, but this is only the initial stage of the price moving toward new highs, and a short-term pullback does not represent a reversal of the trend.
For FLOKI holders, the current situation is undoubtedly encouraging. According to data from IntoTheBlock, there are currently over 80,200 addresses holding FLOKI, with 88% of investors in profit, indicating strong market momentum and positive investment sentiment.
Additionally, FLOKI's development activity is very active. Especially since the launch of its Play-to-Earn MMORPG game "Valhalla" in India, the development team's proactive actions have propelled the project's ongoing development. Such frequent development updates undoubtedly lay the foundation for the continued rise in price, and we may see greater increases in the future.
Today we will discuss the current trend of **NEIRO**.
After a significant decline, NEIRO has entered a consolidation period, and market sentiment has gradually turned pessimistic.
In the past week, NEIRO has faced some challenges, with its price dropping by 13.73%, indicating weak market performance.
This ongoing downward trend aligns with the overall market's selling sentiment, suggesting that NEIRO may face greater downward pressure.
The current trend conforms to a typical bearish pattern, characterized by price decline, consolidation, and further drop.
If this consolidation period continues, NEIRO may face a larger decline, with prices expected to test the critical support level of 0.0012033, approximately 47.78% lower than the current price.
If the market trend does not change, NEIRO may further decline after breaking through the current consolidation phase.
Overall, NEIRO's short-term outlook may be quite grim, and investors need to approach this wave of market downside risks with caution.
The price of BTC has reached an astonishing $97,800 after experiencing a crazy consecutive surge, setting a new all-time high.
However, this rise shows no signs of weakness and continues to perform strongly.
To be honest, I feel somewhat weary of this surge in Bitcoin.
Not because I am bearish or hope for the market to drop, but because I genuinely want to know how many people have truly made money during this round of Bitcoin's crazy rise?
The current situation raises the question: Is this distorted bull market really the bull market you all desire? What has Bitcoin's continuous draining of resources and skyrocketing market cap brought to other cryptocurrencies?
Is it the halved altcoins you see, or your own shrinking USDT balance that makes you fantasize about how much you can earn in this frenzied bull market?
How many retail investors can still participate at the current Bitcoin price?
To maintain such a price and high-level operation, how much capital support is really needed? Have you truly not considered this?
Whether retail investors, institutions, or market makers, everyone's purpose in entering the market is clear — it is to make money.
The financial market has never had "philanthropists"; behind one person's profit, there must be another person at a loss.
In this extreme surge market, other cryptocurrencies have not gained much benefit from it. Just look at Ethereum's performance to understand.
Currently, the price of BTC has made it difficult for retail investors to follow, and when Bitcoin's price collapses, can investors holding other cryptocurrencies be unaffected?
Is this market structure really worth us continuing to chase after?
Yesterday BTC slightly rose, breaking through 94500, continuing to refresh its all-time high, in line with recent expectations.
There is still potential for further increase, pay attention to changes in market sentiment, it is expected that BTC will continue to break new highs.
In contrast, ETH failed to rise in sync, a divergence pattern has appeared on the 4-hour chart, and in the short term, ETH may follow BTC to make up for the rise.
Pay attention to the support level at 3000, if the pullback does not break below this level, the possibility of making up for the rise will be greater.
Today's Highlights:
BTC: The 1-hour and 4-hour levels have returned to healthy levels, and the daily level remains strong, expected to continue breaking new highs during the day. The expectation for a rise in the larger cycle remains unchanged. The support level during the day is in the range of 92500-93000, while the resistance level is in the range of 95000-96000.
ETH: The 1-hour and 4-hour levels have returned to healthy levels, and the daily level is also high, expected that ETH will likely make up for the rise during the day.
The support level is in the range of 3000-3050, while the resistance level is in the range of 3200-3250.
When Bitcoin (BTC) is leading the way, especially when funds have not fully flowed into the market, the risk of chasing highs is significant. Market corrections can lead to substantial losses, so do not rush to chase the rise.
Focus on the Liquidity Effect of Funds
When the momentum of Bitcoin's rise slows down, funds may flow into other cryptocurrencies, especially 'leading' coins like Ethereum (ETH) and Solana (SOL). Keeping an eye on the performance of these coins can help grasp the flow of funds in the market.
Preemptively Layout Hot Tracks
Recently, attention can be paid to Layer 2, DeFi, and Meme tracks, as these areas typically rise after a strong upswing in Bitcoin. As investors, one should position themselves in advance to catch the changes in the flow of funds.
Currently, Bitcoin's independent rising state is a normal rotational rhythm of the market. As investors, it is important to remain patient during this phase, waiting for changes in the flow of funds and shifts in market rhythm.
Major trends are often quietly brewing amidst market anxiety. Remember: your current calmness and steadiness will determine your future success!
Recently, Auntie's market seems elusive, presenting a neutral sentiment that is neither fast nor slow. Currently, on the four-hour chart, Auntie is at the lower edge of a downward channel, overall showing sideways consolidation, in a phase of building momentum.
As the 'second' position in the market, Auntie's status is difficult to shake, and the overall trend remains predominantly bullish (buying).
However, recent market progress has been relatively slow, with Auntie's volatility over the past week being minor, seemingly at a crossroads, waiting for a breakout.
Once the market determines a direction, significant volatility is expected.
Key Technical Levels:
Resistance Level: 3250
Support Level: 3000
Trading Suggestions:
-Short-term: Can go long (buy) with the market's short-term fluctuations.
-Medium to Long-term: It is advisable to gradually build positions and patiently wait for the market direction to clarify before making further decisions.
Despite the continuous rise of Bitcoin and the repeated refresh of market expectations, one would think that everyone should feel happy, but many people are not therefore elated.
Why? Because what they hold is not Bitcoin, but some altcoins, which makes Bitcoin's increase have little relation to them.
For many retail investors, altcoins seem to have become their fate and consensus.
Although some believe that most altcoins are worthless, there is also the possibility of turning waste into treasure.
Today, I recommend 3 potential altcoins for your reference:
1. FLOKI: With Coinbase about to go live, FLOKI is expected to have a chance for an explosion.
2. PNUT: Currently has a small market cap and has undergone sufficient correction, with huge potential for future growth.
3. NEIRO: As an emerging force in MEME coins, it has significant potential and is worth attention.
1. Stay Calm When Playing MEME: Avoid blindly following trends and do not let yourself fall into excessive emotional trading.
2. Do Not Ignore Short-Term Volatility: Every market has its highs and lows, and upward trends cannot last forever, so there will be fluctuations in the short term. Be mentally prepared.
3. In the Long Run, Quality MEME Is Worth Holding: From a long-term perspective, high-quality MEME projects still have the potential to bring considerable returns.
4. Timing for Bottom Fishing Is Crucial: Quality MEME is best bought during market lulls when it is neglected, rather than chasing high prices when the market is overheated.
5. Current Market Opportunities Still Exist: Even with significant market fluctuations, there are still plenty of opportunities to participate in PVP trading daily. Stay alert and patient to seize the right moment.
6. Keep an Eye on New Narratives: The market is always changing, so stay attentive and wait for new top narratives to emerge, preparing for the next wave of opportunities.
The recent pace of the on-chain market has indeed been a bit of a headache.
Some people sold 1M at a low price, missing the opportunity for an increase; others saw the coin price increase by 10 times but did not take profits in time, resulting in the price dropping back to square one.
Not to mention those who play PVP, who either got rugged or got stuck in the market, truly various examples of failure are not uncommon.
However, strangely, I now have a strong intuition — the next trend might be a comeback, and the market will welcome a reversal.
Why do I have this feeling? Don’t ask me for a reason, my intuition tells me that the next situation will be one of winners.