Last night's non-farm data was very positive, and Bitcoin successfully stood above 110K, just 0.99 away from a new high! Currently, it has fallen back to 108K!
Today's Binance gainers list can be summarized in one sentence: All are small-cap zombie Altcoins under 30 million.
$FUN showed up again, purely relying on contract pulling without any positive news; $GUN had volume yesterday, trying to push again today, with average volume, don't rush to catch it; $LOKA and $VOXEL, these two old performers, are almost done selling in three years, just waiting to be delisted.
Other cryptocurrencies are pulling back with BTC, and with US stocks closed today, I thought Altcoins might have a chance to move independently, but the dog market severely educated me: Think again!
Now, whether it's a bull or bear market doesn't matter, what matters is: Are you ready to not lose money?
Everyone is asking: Will there be a bull market in the second half of the year?
But honestly, that question isn't important. The real question is - even if a bull market comes, can you actually make money?
Many people don't die in a bear market, but in a "seemingly successful" bull market. They start by making some money through luck, then get carried away, All In, leverage, borrowing money, feeling like the chosen one, only to lose everything when the market turns.
Those who truly succeed in crypto are those with understanding, strategy, cash flow, and can remain stable without rushing impulsively. Not those who follow trends or chase hot coins, or make decisions based on rumors.
There's no need to constantly watch non-farm data, CPI, interest rate cuts - getting excited by one "positive" sentence and selling on one "negative" sentence.
Regarding the Fed's interest rate cut expectations: No cut in July, but likely in September; rate cuts are a catalyst, but never a lifeline. What truly attracts big money are "grounded" tools like stablecoins. With Hong Kong's stablecoin launching on August 1st and the US version on the way, global policies are accelerating - that's the real game-changer.
Back to the current market!
Call it strong, and it turns back after a rise; call it weak, yet it remains stable above 100K.
If you don't understand, don't mess around. Hold spot assets honestly, don't open positions or get anxious, and you won't fear volatility. I'm sticking to my view of BTC reaching 130K by year-end, with a high probability of taking off in September. Don't look at the interim fluctuations, it'll mess with your mindset.
#ETH I'm holding till the end, targeting 3300+, currently trading in the 2300-2480 range, negative news exhausted, just waiting for positive catalysts to develop.
With US stocks closed, the weekend is a key recovery period. You can set up a position if you want. But pay attention to Trump's dynamics - he always stirs things up whenever the market shows a slight turn! ETH is stable, Altcoins will move too. Be cautious with meme coins like $FUN and BR to avoid getting blown up. #BCH funds are withdrawing, don't buy the dips for now, wait and see. #ONDO is an Altcoin worth closely watching, with positive news support.
Lastly, don't worry too much about July's rate cut. We're already in a rate cut cycle, it'll happen now or next time, the rhythm will naturally unfold.
The article ends here! If you're feeling lost in crypto, consider joining me in layout and harvesting from market makers! Can join the community VX+Q group! V: Fupi22497 or Q: 3847185042
