Is Bitcoin's rebound trend about to come? Ambush 3 altcoins that could increase tenfold in the future!
Currently, the overall trend of the market is still primarily in sideways consolidation, without a real trend reversal yet, making it suitable for a back-and-forth trading strategy in the short term. What we are looking for next is when the market will change. Personally, I think if there is no change today, we will have to wait until next week, as there will be no news impact during Saturday and the weekend, leading to continued oscillation. The current liquidation map shows that shorts are being liquidated. Based on the current Bitcoin price around $104,000, if it rises again to $105,000, it is expected to liquidate about $1.12 billion in shorts; conversely, if it drops to $103,000, it is expected to liquidate about $136 million in longs.
This round of the bull market is mainly dominated by Bitcoin. Due to the lack of innovative application narratives in this round, the enthusiasm of retail investors is not as high as in the previous bull market. In this context, it is easy to analyze and conclude that the market structure has shifted from being dominated by retail investors and OGs to being led by institutions, consortiums, and organized armies. Against this backdrop, the first thing they will definitely buy is Bitcoin, and currently, the market will not be buying other altcoins.
Bitcoin's price drops during the time when the Asian market is open and rises during the US market hours. Yesterday, it fell to around 101,300, and then last night during US stock market hours, it directly bounced back to the starting position of the decline. This trend can only indicate that the main forces on Wall Street are still buying frantically.
When Bitcoin reaches its ATH, the market will regain confidence, and then altcoins will soar again. So during this phase, everyone should not be afraid; when prices drop, get ready to invest in the altcoins that will rebound the most. I believe they will bear fruit soon, just in the second half of the year. #美国PPI数据来袭 #美国加密立法
Can Bitcoin reach new highs again? Focus on 3 altcoins that could see a 10x increase in the next bull market!
Can Bitcoin reach new highs again? Recently, Bitcoin's price is approaching its historical peak, and many are asking if it can continue to rise; let's first look at a few key data points: 1. Is money really coming in? 2. Since April, the entire cryptocurrency market has seen an actual increase of $30 billion in real capital, with $6.4 billion coming from new stablecoin inflows, but last year at the end of the bull market, it was $11 billion. 3. The current situation is like the summer of 2023, where prices rebounded but money did not follow, resulting in stagnation. What fueled the last big rebound to over 100,000? 1. The Fed suddenly cut interest rates by 0.5%
ETH has been hovering around here since it pulled back to 2600 yesterday. The longer it hovers, the less favorable it is for ETH bulls. There is still significant pressure around 2800, and it will require the market makers to be willing to spend money to push through. If it can't hold the 2600 level, the next support is around 2420. At the current position, whether going long or short, the odds are not favorable. Those with spot positions can consider taking some profits.
Bitcoin is gathering strength and brewing; many people say there will be a head and shoulders pattern, predicting a bearish market. However, the current trend is already quite clear. If we consider anything below 100,000 as a rebound, then surpassing 100,000+ would mean a reversal. Although ETF capital inflow has paused in the past few days, it does not affect the future trend.
After a short-term adjustment in Bitcoin, accompanied by a new round of expectations for the Federal Reserve's interest rate cuts, the real trend is just beginning. The second half of the year is destined to be exciting. The main narratives of this bull market remain meme coins and AI, so everyone should hold onto the low-position chips they acquired.
If on-chain P doesn't win, then don't P; wait for the second opportunity. After being selected by the market, wait for a significant correction and then enter, which is also a strategy. Different people have different personalities, so it's important to think about the way you prefer.
Trump wants to lower interest rates quickly, but market data simply does not allow it—
Every economic data release since May 1 has reduced the likelihood of the Federal Reserve rapidly lowering interest rates.
The next FOMC meeting with a probability of more than 50% for a rate cut is on September 17. If this trend continues, a rate cut is likely to be postponed to December.
So no matter how much Trump urges, Powell remains indifferent—
The hope for re-election has been cut off by the supreme leader. If a rate cut becomes uncontrollable, it may end up being blamed on the supreme leader. Powell's technical style tends to favor waiting until the data matures before suddenly applying a strong remedy;
There is no motivation, either publicly or privately, to do this. It’s better to play with expectations and smoothly finish the term.
Remembering around May last year, BTC maintained a volatile trend, and then the ETH spot ETF was about to be approved, which brought about a 30-point surge. Currently, with the macro environment and tariffs, there aren't any major positive expectations, nor are there any major negative expectations. If BTC continues to fluctuate, and if the ETH staking hype is about to pass, ETH should be able to rise again. Of course, whether it will rise by 30% is uncertain, but a rise is highly probable.
Moreover, the RSI data indicator for ETH currently shows that buyer momentum is still present and hasn't dissipated, with values around 90.
Bitcoin stabilizes at $100,000! Buy the dip in 3 altcoins that could increase 10 times in the future!
What will happen to the market next? For the past two months, tariffs have been the focus of the market, with U.S. inflation, employment, and the Federal Reserve being sidelined. Now the winds have shifted; the impact of tariffs is weakening, and the market is beginning to focus on the risks of a U.S. economic recession, whether inflation will rebound, and the Fed's next moves. The latest CPI data was released yesterday, which is generally positive and in line with market expectations. This indicates that inflation in the United States is controllable and the economy is performing robustly in the short term, which is favorable for U.S. stocks and risk assets like Bitcoin. However, the current inflation data does not fully reflect the impact of Trump's tariffs, as it only includes tariffs on a portion of Chinese goods. The Federal Reserve is primarily concerned with the inflation trends after the full implementation of tariffs.
Bitcoin is currently experiencing high-level fluctuations and adjustments, and there are actually no negative factors at the macro level. As mentioned last week, the market has shifted from a rebound to a reversal trend. After the subsequent fluctuations and adjustments, it will continue to rise to ATH, which will completely ignite altcoins.
Currently, there are opportunities in both CEX and DEX for altcoins. CEX is in a state of oversold rebound, and on-chain, due to the significant volume from bonk and believe, platforms are continuously promoting various memes and engaging in PVP. There are quite a few opportunities in the past couple of days, so it is worth paying close attention.
Once the trend is confirmed, be bold in your operations. Don't be afraid; when you encounter good targets, you should charge forward decisively. #策略交易 #山寨币交易
Bitcoin did not follow the US stock market's rise last night, but instead chose a short-term pullback, creating a trend independent of the US stock market. Currently, the 4-hour trend has not changed, and after the short-term pullback adjustment, the direction remains upward.
Along with the altcoin pullback, everyone can focus on high-quality leading meme and AI projects. These two sectors are the main themes of this bull market, and in the absence of a completely new narrative, the market has no other choice. #CPI数据来袭
The Bitcoin pullback is an opportunity for altcoins! Settle in for 3 cryptocurrencies expected to rise 10 times in the future!
Most people are missing out on this round of rising spot prices. It’s normal to miss out on such left-side rebound markets, but strangely, I haven't seen anyone regret it or express FOMO during this round of market movement. Has everyone become numb to blockchain now? Data also shows that contract trading dominates, with numbers remaining stable; the disparity between spot and contract is at least several times. Historically, contract trading volume typically exceeds spot trading volume, but the gap has been particularly pronounced in the last month or two. Spot data shows significant fluctuations, clearly influenced by price.
BTC has pulled back, possibly heading to 100000/97800, favorable tariffs implemented + market sentiment is overheated + ETH rising 40% surprisingly trending on Douyin + Trump announces new asset to extract blood and hedge risks.
Such a pullback is very healthy, all in preparation for the next push towards a historical high, the next stage is going to be a major on-chain market, so keep a close watch this month.
Most people stated before the new year that they wouldn't touch altcoins, but when the altcoin market rises, most funds will still flow into the altcoin market because the profits from altcoins increase quickly, while Ethereum and BTC are value investments.
Speculation should be done with funds that can accept losses; otherwise, how did the myths come about? #新闻交易
Every subsequent callback is your opportunity to get on board! However, many altcoins will continue to unload during the sideways fluctuations of Bitcoin.
Altcoins with sustained trends are the exception; most altcoins will experience only temporary trends.
The investment structure of Bitcoin has fundamentally changed. Previously, it was composed of OGs and retail investors, but that is no longer the case. It has now completely become a market dominated by institutions and consortiums, who are the main forces driving Bitcoin's trends.
There is no US stock market over the weekend, and Bitcoin is currently consolidating at a high level. As it stands, there are no signals indicating a potential decline. As we mentioned last week, the market has transitioned from a rebound to a reversal, and the low point around 70,000 in April should be the lowest point of the year.
At the current pace, Bitcoin will continue to rise. There is a high probability of reaching new highs this week, and then in the second half of the year, it may reach around 150,000 to 200,000.
As for altcoins, they are currently dominated by memes. The market has already started, but everyone's interest is relatively low, indicating that the prices have not yet reached their peak. Once everyone starts to FOMO, that will signal the end of this market phase.
If you don't want to chase high meme coins, then at least you can position yourself to invest in some leading altcoins that have not yet risen.
Shanzhai generally doubles from the bottom; this event can be seen as the dividing line between bulls and bears.
If this wave of market belongs to a rebound, then the doubling of shanzhai = end of the rebound. The last two to three years have followed this pattern; if it is indeed a bull market, then shanzhai will at least triple. #ETH突破2500 #山寨季何时到来
The next target for Bitcoin is $120,000! Position these 3 altcoins that could increase 100 times in the future!
From the current market trends, the upward trend has not ended yet, and it is temporarily in a sideways consolidation phase. Personally, I believe the market will continue to rise, especially Ethereum, which will keep driving most altcoins up, while market sentiment is active and positive, currently in a state of greed. Regarding the news aspect, today we focus on the external statements following the conclusion of the China-US negotiations. If the statements align with market expectations, it will stimulate a further rise in the market. Attention is also on this week's CPI data. The current liquidation map shows that the market is relatively balanced. Based on the current Bitcoin price near $104,300, if Bitcoin rises to around $106,000, it is expected that about $1.7 billion in shorts could be liquidated, while a drop to around $102,600 is expected to liquidate about $1.5 billion in longs.