Bitcoin has a good rise after breaking through the downward trend line, and there is a relatively good bullish bat pattern. Those who hold long orders can make some stop profits near 70600. If there is a false breakthrough, go short.

Ethereum has made a small retracement after breaking through the first downward trend line. Currently, there are still long orders. The upper target is 3160. This position is a large-scale downward trend line. If the real big positive line breaks through, the market price can continue to enter the market to increase positions. ETF news will be announced in the next few days. I bet it will pass.

The cottage continues to fluctuate weakly and the market will wait for Ethereum to break upward and start

Ldo SSV pendle ethfi rez broke down across the board. Clearing the pledge sector yesterday seemed to be a clear choice.

These are all large platforms that broke down. Many people are trapped above. Those who are still holding will run away when the rebound occurs. The fundamentals have gone bad. If you bet wrong, you are wrong. What we need to do is to reduce losses and not compete with the market. There will be a rebound, but the rebound is the last chance to run away and the opportunity to short.

Everyone should cherish it. The real bottom-picking stage may be after the 10th. Now this sector is relatively dangerous as a whole. I think there will be no upward trend in the short term.

Currently holding Eth and AXL, AXL's trend is still relatively strong, and when it is below 0.6💲, you can clearly see the inflow of funds. The dog dealer has dropped from nearly 3 US dollars to 0.5 US dollars. This position is more cost-effective. First of all, the lowest point on the bear market chain is about 0.4 US dollars. Secondly, most of the chips have been released. There is no big release of selling pressure. I think it is not a big problem to return to more than 1 US dollar.

God will not kill those who play Soha $ETH

$ETHFI I want to say sorry to my brothers. I have cut off all the costs of 5U and 3U. Come and laugh at me, brothers. It was originally speculation. I wanted to take advantage of the ETF news to make a profit and leave. I didn’t expect the speculation to be so early. I thought it was the beginning but it was actually over. I took all the members to clear out this morning. I will not look at it again unless it stands back to 3U.

It has broken all the support levels. There is a bottomless abyss below. If it does not stand back to 3 US dollars strongly, I will not pay attention to it anymore. 50 million pieces will be unlocked on the 8th, worth 150 million US dollars. The current market cannot bear such a large selling pressure.

I originally thought that the staking track would be strongly tied to $ETH, but the SEC did something like LDO, and the whole track was ruined. Now everyone is all in on ETH. The next market trend is likely to be a sharp rise in ETH, and altcoins will rise slightly or even go sideways. The altcoin season we have been looking forward to may not come. The on-chain gas has dropped to 1, and the market is stagnant. Too many people have been trapped in altcoins, and they are about to leave if they pull up the price. In the future, it is likely that only coins like $ENS ondo will rise with ether.

Big news!! Just saw this, this is the real good news, although it has not yet been reflected in the price, but it is a near-decisive victory for the industry. Today, the U.S. District Court for the District of Columbia ruled that the SEC denied @binance
’s $BNB secondary market sales as securities, and the case can also be applied to Ripple. In layman’s terms, it’s a #BNB金鏟子 increase!

Sales in the secondary market are no longer defined as securities, and Judge Torres’s view in the Ripple case that $XRP sold on exchanges is not a securities behavior is also recognized again. PS: Ripple still did not win the lawsuit against the SEC, but only dismissed part of the lawsuit. Secondly, the SEC’s lawsuit that BUSD is a security and the claim for compensation were also dismissed, and the claim for simple money earning was also dismissed.

The good thing about this ruling is that the sale of tokens in the secondary market, including exchanges, is likely to no longer be regarded as securities, but may be regarded as an investment contract. File: 23-cv-01599-ABJ-ZMF

BTC has a 4H level downward trend line here. If it breaks through 62500, you can chase the long position. The stop is very close.

ETH will probably trade time for space, and choose a direction within 3 days
I guess it will go up

About sol etf? Don't think about it in the short term. Yesterday's application can be said to be just a test version. The approval deadline will only be reached after the formal submission of 19b documents. Even if it was formally submitted yesterday, the result will be released in March next year at the latest. What's more, it was not yesterday. I don't believe that it has only risen and not fallen in the past 9 months? Don't let ETF emotions influence your judgment of the market

#VanEck提交首个SolanaETF

In addition to the SOL ecosystem driven by the SOL ETF news, the rest of the market is the ETH ecosystem ENS and DEFI small coins that have been emphasized. LDO PENDLE has risen a lot in advance, and will continue to rise after Ethereum breaks through again. If you don’t know what to buy, you can continue to buy ETH ecosystem

Fetch AI reveals key details of ASI token merger
Fetch AI recently revealed key details of the highly anticipated ASI token merger, which attracted widespread attention from investors. However, the prices of FET, AGIX, and OCEAN all fell today.
Key Points
Fetch AI shared key details of the upcoming ASI token merger: July 1, 2024 is a key date for the merger plan. The ASI token merger will unfold in two important phases, first with the integration of AGIX and OCEAN tokens into FET, and then the transition of FET tokens to ASI. During the first phase, FET trading will remain uninterrupted, ensuring a seamless rebranding process on the platform. The second phase will focus on community engagement and deployment of ASI tokens, giving priority to holders of self-custodial tokens. Key dates include the July 1 conversion and ASI branding. FET mainnet tokens will automatically convert to ASI during the Fetch AI mainnet upgrade. Fetch AI emphasizes caution during the transition, warning users to beware of impersonation scams, fake links, and fake social media accounts.
Market reaction
The prices of the three cryptocurrencies involved in the merger all fell: FET price fell by 4.18%. AGIX price fell by 4.24%. OCEAN price fell by nearly 4%.
Fetch AI's merger plan had a significant impact on the market. Although the project side worked hard to ensure a smooth transition, the market reaction was still negative, indicating that investors were concerned about future uncertainties.

At present, the Shanzhai stocks are not falling, which is a very good positive signal.
Because at the end of each shock, the Shanzhai stocks have fallen to the bottom.
The panic sentiment that has not come down has dropped by 30 points.
The Shanzhai stocks have reached a low of 22 points.
The charge horn is about to sound.

A review of the tragedies in the cryptocurrency world over the years:

Mentougou incident
94 incident
312 incident
519 incident
LUNA/FTX crash incident

The market is currently like a spring, which is constantly being compressed downwards. Friends who have studied physics know that the spring will rebound with the greatest force and height after being compressed to the end. The emotions of ether and cottage are also suppressed by an invisible big hand. What we are waiting for is the moment of release. Squatting is for a better take-off. I believe everything will come back!

There is a classic saying: "Emotions are like plague, which spreads to everyone in an instant." Only by deeply experiencing the market and experiencing multiple "infections" can immunity be generated. This is why the herd effect in the financial market is particularly obvious. Most market participants are like sheep, easily driven to the predetermined direction by the market. Some people can never return to the market because they have been completely broken by the market and fall into despair.

Regarding the compensation of Mentougou, it has lasted for more than 10 years, and every bull market will be hyped. This time it is likely to enter the compensation stage. In the first quarter of this year, it was planned to start compensation in the third and fourth quarters, and today's news said it was July. All is fair in war, and they change their voices repeatedly every time. This group of morally corrupt robbers is not credible. They are just "roosters" who cooperate with the market to speak.

Regarding specific compensation, if a large number of collective compensations are made in July, it is obviously bad news. But obviously, they will not pay all at once, otherwise the price of Bitcoin will plummet, and stakeholders will lose the chips to control the market and the favorable situation brought by the event.

At the beginning of this round of bull market, I reminded that prehistoric whales and large Bitcoin holders are the biggest risks of this round. Because the policy and fundamentals of the market have undergone fundamentally positive changes, the traditional negative factors are no longer the same as before.

Judging from the performance of the market K-line, Ethereum and its ecosystem have gradually gotten rid of the influence of Bitcoin. Bitcoin is constantly entering the key support level as expected, but Ethereum and its ecosystem have shown strong resilience and speed every time the market rebounds.

Importantly, July is a critical moment for the Ethereum ETF. As a subjective trader, based on my understanding of the market, the passage of the Ethereum ETF is a high-probability event. This will change the market trend. Ethereum and its ecosystem, strong tracks such as RWA and TON do not need consensus and diversion of funds on the market, because they have their own traffic and funds.

Consensus can be diverted, and the market will begin to divert strongly. Bitcoin's negative impact will no longer affect the overall situation, and the strongest bull market gains are about to start. Today, Mentougou's poor acting skills once again let me see the old-fashioned plot since the birth of capitalism.I think of it as the crowing of the cock at dawn!

Today is June 24th, which is not only twice as long as March 12th, but also May 19th in the lunar calendar. Since mid-March, Bitcoin has been adjusted for 3 months, accompanied by the continuous decline of altcoins. From correction to rest, and then from rest to bloodbath, the market is now in despair. In the past few days, the market has been almost silent, and the decline has made people numb.

This round of early market voices are noisy, such as "speculating on new but not old", "not taking over each other", and "expectation of interest rate cuts". As a long-term practitioner, I have deeply felt the trouble of these noises. Recently, everyone has started talking about the altcoin bear market again, and even used the Mentougou incident to fuel the flames.

The darkness before dawn is often the quietest. As Jack Ma said, "The day after tomorrow is good, but most people die tomorrow." Let's take a look at the current situation of the market.

Bitcoin adjusted at a high level, and after a week of sideways consolidation, it stepped back again, breaking market expectations. This kind of imbalance often leads to the market entering a deep fear, and then the market reverses. This is the normal rhythm of the market and a classic trading method of Wall Street. Coupled with the release of the Mentougou news, market sentiment turned from bullish to bearish.

Let me talk about my own situation. Except for Ethereum, all other holdings have suffered huge losses. Among the positions, AXL has been halved, and the others have also fallen by 30% or even higher.

Many brothers asked me what to do. I am currently holding it. My advice is to hold it. It is unrealistic to cut losses here. It has fallen so much. Unless there is another major negative news, it is difficult for the altcoin to fall sharply again. Many friends exchanged their oil and BTC for altcoins at the high point in early March, expecting a wave of altcoins to make up for the rise. As a result, a wave of shit and a big drop came. 90% of the altcoins in the market have fallen by 60% or even 80% from the high point in early March to now.

The current position is very critical, which is both a risk and an opportunity. Brother Nan’s strategy is to hold it tightly. The last wave of BTC 2900 is similar to the current one. ETHFI is also over 3, and it keeps falling every day. Last time I bet on an increase, and this time I will bet on an increase. If I win, I will get my money back or even make a profit. If I lose, it will be garbage.

I continue to be optimistic about the Ethereum series of altcoins: LDO SSV PENDLE ETHFI UNI
If the ETF is passed on July 2, and there is another big positive line like last time, you will not have the opportunity to get on board. Even if you want to sell at a loss, it is not now. Wait a little longer, and it will stop falling!

The peak witnessed the false guardian, and the dusk witnessed the false believers. Since you have chosen the altcoin, you have chosen the risk. You have already experienced the risk, so wait for the return to begin!

Today, 624 is not only twice the number of 312, but also the number 519 in the lunar calendar.

I didn't expect that the sb coin $AXL would fall by half again after I bought it at the bottom. I cut my losses with many fans. Now I hope the AXl project owner will contact me.
I contributed so much liquidity to you for nothing. Those who don't know thought that the project owner gave me money. I just wanted to take advantage of the rebound, but I didn't expect to be trapped directly.

The cost is 1, and I haven't cut it yet. You are awesome! CNM