$BTC: I think the current area is still a bounce zone. I wouldn't be surprised at all to see it move up to the 64k area. Close enough to range lows, 200d EMA (close enough), etc. Expect slightly more volatility than a local bottom.

Bitcoin is down, but so is dominance 👀

For the first time, altcoins are showing more strength than BTC.

This doesn’t mean altcoins will keep rising if Bitcoin continues to fall, but it’s something to be curious about regardless.

(Especially when Bitcoin plummets, dominance hardly decreases)

Imagine Bitcoin taking the lead here and following this trend.

(At least there is some early hope)


Let me be clear about this bullishness.

- ETH ETF will be available for trading soon.
- Michael Dell ($100 billion) published a bullish article on BTC, suggesting he will make micro-strategic adjustments to his balance sheet.
- Global liquidity is finally increasing again.
- The M2 money supply is finally increasing again.
- Interest rates may be cut soon.
- Election season is upon us.


Bitcoin and Ethereum ETFs, textbook post-halving corrections (history is clear).

You don't have to think so much...

If all indicators suggest it will go up, then it probably will, simple as that 🫡


If I were you I would only trade new tokens and find the leader/token with bids

In the face of a falling market, junk products, along with many others, have brought tears to the eyes of new buyers.


I'm not saying these shit coins won't skyrocket; in fact, I expect them to skyrocket later this year. But it's just to attract new retail holders. Don't hold these coins for the long term. I can't stress this enough.

If you are going to hold something for the long term, buy high float currencies like mainstream currencies. That's it.


We simply buy the strong coins from the weak.


Let’s review the previous altcoin waves and find the strong coins:



- There are x large projects,

- Some items do not increase

- Some projects are still in a loss-making state

👉Strong increase set x5-x10

+ memecoin： $BABY $FLOKI $PEOPLE ...

+ New items, not yet added: $ARKM $ID $MAV ...

+ Platform projects, raise lots of money, don’t overprice: $APT $SUI $SEI ...

+ Big trend-setting projects: $WLD (AI) $ONDO (RWA) $PENDLE (LSDFi) ...

👉 The number of k groups increased, and some of them experienced negative losses

+ This project adds wave 1: $STG $HFT $HOOK

$ARB $AEVO $SUI $PYTH $RDNT

👉

Based on the above experience, which product would you choose this time?