Rebound is inevitable but not a reversal
The current market is in a phased consolidation. Yesterday, BTC rebounded near 60,000
For the short-term daily line, we should still focus on the resistance position of the first line of 63,600
The resistance position of the second line is also a key position, and we should still look at the 66,000 point line

The main market of ETH is that the 3480-3520 range has reached the resistance target
But it did not break through 3520, and the market followed the big cake to step back
The stepping support given yesterday was the 3420 line. At the intraday level, it just touched 3420 and rebounded again After hitting the 3480 line, it fell below 3420 and touched the previous daily and four-hour support levels. The market needs to consolidate and fluctuate.
After the key position of the 3520 line in this round of trend breaks through and stabilizes, we can look at the node position of 3600 points.

In the early morning, the SEC quality-checked LDO pledged securities. According to my understanding, it was malicious.
LDO rebounded against the trend in the past few days, and yesterday it returned directly to the starting point. I think it is a good entry point now.
In the short term, it was around 2.13 before and the highest was 2.5. This time it returned to below 2.0. The support of 1.8-2.0 depends on your control.

Everyone is waiting for the PCE data to be released at 20:30. The market is currently in a narrow range of fluctuations.

According to the current market situation, it is hoped that there will be a decline after the data is released, and then there will be a rebound, so that low-level long orders can be properly arranged.

Bitcoin is currently under pressure from 62,500 many times, followed by the strong pressure of 63,500, and the support below is between 60,800 and 60,300.

The specific strategy is as follows:

More at 60,800 and 60,300, the target is set at 62,500 and 63,500, and the stop loss is set at 59,800.

Ethereum has support at 3,400, and secondly, 3,360 is also a long position. The upper pressure focuses on 3,500 and 3,540. Similar to Bitcoin, observe the retracement first, and then carry out low-level long orders.

The specific strategy is as follows:

More at 3,400 and 3,360, the target is set between 3,500 and 3,540, and the stop loss is set at 3,330.
The above is only my personal opinion. Investment involves risks. Please enter the market with caution.

If you want to know specific opportunities and specific decisions, click on the avatar to follow the homepage, you can get the position allocation strategy, which will teach you how to make money in the bull market and earn coins in the bear market.

6 ways to control risk

1: Divide your funds into 5 parts, only enter one-fifth each time, control the stop loss of 10 points, and only lose 2% of the total funds if you make a mistake once, and only lose 10% of the total funds if you make a mistake 5 times.

2: Go with the trend. Every rebound in the downward trend is a lure to buy more, and every decline in the upward trend will create a golden pit.

3: Don't touch individual coins that have soared rapidly in the short term. High-level stagflation will naturally fall.

4: Use MACD to determine the entry and exit points. The steady entry signal is that the DIF line and DEA go out of the golden cross below the 0 axis and break through the 0 axis. The signal for reducing positions is that MACD forms a dead cross above the 0 axis and runs downward.

5: Never cover your position when you are losing money, but add positions when you are profitable. Volume and price indicators are also very important. Pay attention to the large-volume breakthrough of the currency price at the low level of consolidation, and exit decisively when the high-level stagflation occurs. Only do strong currencies with valuable upward trends.

6: Adhere to weekly review and adjust trading strategies in time.
These iron laws are the experiences I have gained from personal exploration and practice, and are for your reference only!

The chairman of the US SEC expects that the spot Ethereum ETF will be listed as early as September.

Why does this guy keep throwing smoke bombs? He said before that the Ethereum ETF will be approved this summer. It will take less than a month from approval to listing. I remember that the Bitcoin ETF was approved and listed a week later. The only good signal is that the Ethereum ETF will definitely pass. Good things are worth waiting for. Be patient and wait for the wind to come. ​​​

#以太坊ETF通过

The most difficult thing about trading in the cryptocurrency circle is waiting in an empty position!

Patience and waiting are often the best ways to make a profit. Waiting for a good price and a perfect buying point requires time and determination.

But leeks are often eager for quick success and want to make a quick profit, but they are prone to fall into the trap of chasing ups and downs.

If you find that you can't stand the torment of waiting, it is better to temporarily leave the trading interface and do something else. In this way, you can temporarily forget the pressure of trading and come back to trade after your mentality is stable.

Remember, trading is only a small part of life. Don't let it occupy all your time and energy. Be patient in emptying positions, patient in holding positions, patient in learning and accumulating, so that you can make steady profits in the cryptocurrency circle.

The most important thing in trading is mentality. If you can stay calm and patient, you have won half the battle. Those who are eager for success and chase ups and downs will eventually leave the market at a loss.

Let’s not think about the things that were reversed. Think about how retail investors have made some good gains this year:

- Manta: In just half a month, the rate of return reached 72%.

- Jupiter: Through several interactions with the SOL chain, I earned 200 $JUP and 100u of $WEN.

- SOL mobile phone: I bought a mobile phone and participated in the early airdrop, and the cost has almost been recovered.

- Runestone: Holding 3 NFTs in the wallet can participate in the 5000u rune stone airdrop.

- Dog: Holding a rune stone can get at least 5000u of $Dog.

- Etherfi: Deposit 0.01E on the last day to get 900u of $ETHFI.

- Eigenlayer: Deposit 10u and get at least 110 $EIGEN.

- Pizza: As long as you have used unisat, you can get 800u of $Pizza.

- Not: Click some buttons every day to earn about 200u of $Not.

These are incentives introduced by some projects to attract users to participate. Before participating, make sure to verify the security and reliability of the project to avoid stepping into risky projects.

1. How do bankers make profits

The first profit point: buy low and sell high in spot.

Please remember that being a banker is not charity. The coins bought are not gold or BTC. In the end, you must sell them to make a profit. The so-called pump is for the subsequent dump.

The second profit point: contract funding rate.

The third profit point: directly lend the coins that are not sold in the leveraged lending market. For example, Gate can be put in Yubibao to obtain an annualized rate of return of 499% +. (As shown in the figure)

2. How to hedge as a retail investor

Note 1: Be wary of projects with small market capitalization but high leverage contracts. It gives large investors a very unequal competitive advantage over retail investors

When users choose to buy spot and open long contracts, they have accumulated enough buyers for the project party/market maker/institutional large investors, and can start harvesting retail investors again by shipping in batches.

Note 2: Projects with a high absolute value of funding rate

Note 3: The dealer does not do charity, and the final cost of pulling the market must be profited by dumping the market

Escape in advance, be careful to become the dealer's receiver. When the idea of ​​"this coin is a value coin, I want to hold it for a long time until the next bull market" appears, it is not far from the dealer's dumping. His purpose of pulling the market is to cultivate this user psychology and take over for himself.

In the small-cap contract market, playing against the dealer is like playing Texas Hold'em with him with open cards. He is both a player and a dealer.

Although the market has shown signs of rebounding, don't be too happy too soon!

Because unemployment data may become a "time bomb" that changes the market,
The initial unemployment data for the week will be released tonight, which is undoubtedly a thrilling "data storm"!

The release of data will be like a boulder thrown into the center of a lake, causing a huge uproar in the market.
The market during the day may be swept by this fluctuation, and shocks will become the main theme. Is it a blessing or a curse?
Is it an increase or a decrease?
Everything will be revealed at the moment the data is revealed!

In this turbulent market, we must remain calm, keep our eyes and ears open.
Only by grasping every key data and understanding every subtle change can we be as stable as Mount Tai in the waves of the market and turn danger into safety.

If you want to know specific opportunities and specific decisions, click on the avatar to follow Zhuye, you can get a position allocation strategy, teach you how to make money in a bull market and earn coins in a bear market

Looking back over the past three years, how many opportunities are worth taking action?

1. Clear positions when major negative news appears
On the eve of the 519 policy, there is a chance to escape. Clearing positions in time is profitable. As for how to get on board later, it is another topic.

When it is 68,000 later, in fact, if you know more about the impact of macro interest rate hikes, you will no longer be optimistic.

This kind of cyclical operation is actually contrary to Buffett's philosophy that good targets should never be sold, but it may be because most targets in the currency circle cannot be sold forever.

2. Shorting at a low multiple of 5% position during major events-no stop loss and timely stop profit
In correct thinking, not shorting is a principle, and I agree with it, but I think that due to the huge fluctuations in the currency circle, especially at some critical points, it is actually worth gambling with zero funds.

Note that I am against contracts and basically believe that contracts are zeroed. But I think shorting before the FTX explosion and when Luna was approaching the liquidation line at more than 60 is a wrong zeroing operation, and a huge profit operation when it is right.

Of course, forget it when there is no such opportunity at ordinary times.

3. New narratives in the NFT craze
Azuki, Jaylen Bear, Goblin, there are many wealth opportunities, but basically they have to be bought early and sold late.

These targets are similar to inscriptions, with poor liquidity, easy to fomo when prices rise, and easy to trample when prices fall. People who have played NFT will be more handy in this wave of inscriptions.

4. Bet on high-quality targets in the BRC20 inscription boom
The top ordi, atom, sats, etc. have made many people rich. Yesterday they were still Diaosi group members, and today they are the myths of tens of millions of big guys everywhere.

5. People who advance early and sell well in high-quality targets in the meme wave
For example, pepe, bome
Of course, there are actually many coins that make wealth here, including election concepts, etc.

6. In the process of a major change in the market makers like Sol, heavy positions of around 20
There needs to be information gap here, such as how the market makers are, how they are actually, who the market makers are, etc. - this part is the key to early entry.

When Sol's meme season unexpectedly broke out, Sol had already broken 100, which was already a mid-term fish tail market.

7. People who bought the bottom of Bitcoin and Ethereum when BTC was 16,000.

8. On-chain
Pandora has increased 10 times in a few weeks.

The next explosion of Pepe coin is coming.

Recently, Pepe currency has shown strong upward momentum, and the increase in open interest indicates the continuation of bullish sentiment in the market. Specifically:

Short term surge:
In the past seven days, the PEPE coin has increased by 12.6%, including a 10% increase in 24 hours, and is currently trading close to $0.00001189. This surge may be related to the upcoming launch of Ethereum ETF trading.

Key support levels are solid:
After a month of adjustment, PEPE currency is currently stable near the upper trend line of the ascending triangle.

The consolidation over the past 11 days has further consolidated support at $0.0000105, providing a solid foundation for future rebounds.

The long-term outlook is positive:
Technical analysis shows that the price pullback has formed a descending wedge, indicating that PEPE has 96% upside potential and may break out to a new all-time high of $0.00002096.

Additionally, PEPE price has broken above the 50-day simple moving average, providing investors with a clear bullish signal.

Market sentiment is high:
PEPE’s 24-hour trading volume surged 105%, showing strong investor interest in the currency. The long/short ratio increased significantly, reflecting the market's positive expectations for PEPE.

in conclusion:
Considering the current market sentiment and PEPE’s strong performance, potential positive news for Ethereum could further drive the price of Pepe Coin significantly higher. Therefore, investors can remain optimistic about its future trends.

If you want to know about specific opportunities and specific decisions, click on the avatar to follow, and you can receive the position allocation guide, which will teach you how to make money in the bull market and make money in the bear market.

#pepepro

Now the price of altcoin assets has plummeted, especially many "innovation" narrative concepts have been punctured, reflecting a valuation reconstruction and reshuffle.

In this period of market, we found that many conventional positive factors such as ethena changing to tokenomics, friendtech changing to chain, etc. have failed to change the downward trend. Many retail investors have calmed down and started to discuss whether VC coins have problems. The market has become more cautious about whether altcoins are really valuable.

In particular, some voices have begun to compare altcoin projects with some traditional web2 projects, questioning why those projects with transparent business models and clear profit paths are lower than some ghost chains used by only a few people? These are basically manifestations of poor liquidity and increasingly rational emotions. If the bubble is punctured, the overall valuation of the currency circle assets will be reshuffled, and with the entry of ETFs and tradfi, will the valuation model of crypto move closer to the valuation model of traditional finance?

In the past, everyone in the crypto market looked at the price-to-dream ratio. Concept leaders did not generate actual income but had the prospect of being widely used. Commercialization and business models did not work and could be valued at tens of billions of dollars. Under the valuation model of traditional finance, the price-to-earnings ratio, price-to-book ratio, etc. were looked at, and the financial reports, semi-annual reports, and annual reports were looked at, and business performance and financial status were emphasized.

Optimistically, it is possible for the buffaloes who expect liquidity to return. But the less liquidity returns, the lower the sentiment, the more investors begin to think about scams and reflect on innovation, the smaller the increment, and the smaller the probability of altcoins returning to capital. If you want to ask, where are the dealers? They may be watching football and the European Cup, or holding B, E, ETFs, or US stocks.

#美国PCE数据将公布

Let me talk about the logic of opening a long position today:
1. The profit margin of the 10,000-point correction is enough for me on the left side.
2. The positions are mainly allocated to large-cap stocks, and the fluctuations are relatively stable.
3. July may be the turning point of the market trend. ETF news is still there, election news can still stimulate, and interest rate cuts are coming soon.
4. Buying every bull market correction is a respect for the long bull market.
5. A trend should be heavily bet at the beginning.
6. I believe in myself, my purchase is the bottom, my turn is the turning point, I respect the market, and I also believe that the market will reward me for my ability.