Bitcoin: On the daily line, a beautiful engulfing green candle was pulled out around 98,200, accompanied by amplified volume, clearly showing signs of "main force lifting the car"; however, the resistance above 110,600 is still tough. If it can close above 108,500 and continue to increase volume, I tend to define the market trend as a reversal, with the next target at 110,000-111,000, and the stop loss can be placed around 104,500.
On the 4H chart, a Double Botto formed at 105,100 and directly rushed to 108,800. If it can stabilize here again, I will follow up, also aiming at the 110,000 mark; conversely, if 108,800 is repeatedly pushed back, it will likely retest 105,000 to build momentum, and a short position might be possible at that time.
Communication+V: Fupi22497 In summary, the 1H-4H has entered a dense resistance zone above, and frantically chasing highs is not cost-effective. A more stable approach is to wait for a second peak to sell high and buy low, keeping the initiative in your own hands.
Ethereum: Recently, it's like doing "endurance training" in the gym - repeatedly lifting the barbell between 2,700 and 2,900, becoming more stable with each lift. The sharp drop to $2,113 at the end of June was just a quick "washing", after which ETH immediately bounced back above $2,400, swallowing the liquidity at the low point.
Currently, from the trend, $2,400 has become a new springboard: as long as this level is not lost, bulls may leverage to break through the $2,900 ceiling and open the upward channel directly to $3,000. Simply put, $2,400 holding steady = the launch key for the next wave of topping, otherwise it will need to recharge.
Altcoin Front: The overall liquidity of the Altcoin market is still far from ideal. Projects like $sahara that arrange a "full lineup upon launch" are now almost breaking even, with only a pitiful 25% gain from the cost price of 0.06 to the current 0.076, showing how cold the market is.
The newly launched $frag is even more miserable. I Minted a Non-Fungible Token in the first round, and byreal public offering also participated, but the NFT barely broke even, with IDO limited to 10 SOL, ultimately only receiving 0.1 SOL, just earning enough for a boxed meal. Today, the coin price plummeted, and even those who bought NFTs are at a loss.
I invested 5,000U in #enso on coinlist and got the full amount, indicating very few people were grabbing it, similar to the previous $fleek situation, with a strong sense of coldness. Not to mention the upcoming pipe network, with an initial FDV of 200-250 million, entering at this heat level is likely to be buried.
In this market, if you want to make money from these projects, you can only hope for a large-scale Altcoin market in Q3, otherwise they are basically digging holes in advance waiting for bagholders. The latest CME data shows that the probability of a July rate cut is close to 20%, a September rate cut is almost certain, and the cumulative rate cut expectation for the year has been raised to 3 times, totaling 75 basis points. Overall, opening a "rate cut bull market" in the second half of the year is almost a high-probability event.
Okay, let's see which Altcoins can break through?
#KAITO: Currently still steadily walking in the 4-hour upward channel, just rebounding strongly from the middle rail to impact the upper rail, with some resistance being normal. As long as the 1.52 USD medium-term support holds, the overall bullish structure remains unchanged. Don't be too anxious in the short term, let it catch its breath, and if the trend doesn't break, the next wave of upward movement is just a matter of time.
#CYBER: Stabilizing and rebounding from the 1.14-1.15 USD range, currently launching an attack on the 1.30 USD resistance. As long as it can close with a green candle on the daily line, momentum is expected to continue, with opportunities to challenge higher trend suppression areas and move towards the target.
#PEPE: Currently operating somewhat against the trend, with stop loss safely placed below 90. The key to breaking the downward structure is at 105, and only an effective breakthrough would signal a turn to strength. However, based on the current rhythm, it seems it hasn't shaken enough, and even if it goes up, it will likely need another round of consolidation.
#ENA: It's too early to say it's forming a bottom, and the subsequent plate movement needs to be observed to verify. If you want to bet on a breakthrough, the stop loss must be placed below 0.24 to be safe. The true signal of bottoming is effectively breaking through and stabilizing above 0.28, which would indicate a structural strength reversal.
After looking at several Altcoins' 4-hour trends, they are basically still in consolidation zones and have not broken out. Welcome to follow Xiaomiao to learn more about Altcoins and huddle together!
Let's give it a shot, from bicycle to motorcycle! Since you two want to cut me, I'll send you a wave.
#Grok: Completely a Musk concept disk, with inherent hot spots. The old batch of MEME has already rotated once, and it's still lying at the bottom. Previously, the market cap was around $100 million, now it's only around $500,000. Even if it doubles, it would only return to $1.5 million, making its cost-effectiveness directly maximized.
Currently, the bottom is clearly lifting, and it feels like the main force is quietly accumulating. Let's do one wave, targeting a double, with almost no space for loss, a perfect position for bottom-loading.
The article ends here! Interested buddies are welcome to chat! Free entry group👉🏼V: c13298103401 or Q: 3847185042
