Recently, the situation between Russia and Ukraine and the US-China tariff battle has stirred up waves again, putting pressure on international market risk sentiment. At the same time, the crypto market has also entered a phase of adjustment, with Bitcoin strongly rising from the $93,000 level to around $103,000, an increase of over $10,000, and is currently in a high-level consolidation state, with market sentiment clearly on the sidelines.
From a technical perspective, Bitcoin's recent surge has completed the first phase of its upward attack, with a temporary phase top established. It is currently entering a high-level consolidation zone. In the short term, I do not recommend chasing highs; focus on the support strength at the $100,000 integer level.
Many people ask, after such a surge, will there be a 'painting door' market?
After several rounds of Bitcoin's rise, especially after Wall Street's capital enters, there often appears to be sideways consolidation, wash trading, or even a 'painting door' (quickly surging and then rapidly crashing back). This is because the market has just broken through a significant threshold, with FOMO emotions running high, leading many retail investors to impulsively chase highs and become 'bag holders'. Meanwhile, the main capital prefers to use sideways movement to consume emotions and complete handover.
Current suggestion: Conservative investors can wait for a pullback to the $100,000 level before positioning for long positions, while aggressive investors should make quick in-and-out trades to avoid being repeatedly harvested by the consolidation market.👌 Brief description left.
As ETF expectations heat up and technical aspects gradually recover, Ethereum's recent performance has been stronger than Bitcoin's. If ETH continues to break upward, market funds may shift towards altcoins, bringing about a new round of short-term 'impulsive rebounds.'
However, it should be reminded that the rise of altcoins is essentially an emotional game, lacking fundamental support. Once market enthusiasm wanes, many coins will 'go back to where they came from.'
Operational suggestion: When the market collectively experiences FOMO and emotions reach a peak, taking profits in batches and securing gains is the prudent approach.
$Gorilla may rise?
Recently, Binance has been actively calling for trades, with Gorilla on the BSC chain being the first to break through, followed by several leading meme coins on various public chains surging in succession. Meme coins on the Ethereum chain are also starting to stir, with on-chain heat rapidly recovering.
In the first half of the bull market, SOL is the altcoin leader, and in the second half of the bull market, the biggest dark horse among new public chains is undoubtedly SUI, so it’s worth paying attention to potential coins in the SUI ecosystem.
$SUI ecosystem projects worth focusing on for potential investments:
1.CETUS: Binance's favored son, with a TVL exceeding 200 million, institutions have already positioned themselves in advance.
2.HAEDAL: Binance's new darling, an invisible bomb with a market cap of only 137 million.
3.WAL: A giant with a 3 billion FDV, institutional cost price at $0.4, current price can easily double.
4.HIPPO: A memecoin controlled by DWF, with a market cap of 30 million, it's like giving away free money.
5.DEEP: The TVL king, a valuation of 2 billion is just the starting price.
From a valuation and popularity perspective, CETUS and HAEDAL can be prioritized, while WAL and HIPPO are suitable for betting on large volatility.
Finally, I would like to say:
Generally, secondary BTC leads the way, then meme coins take the lead, followed by strong altcoins surging... During the sideways consolidation of the secondary, the primary should be releasing new big coins. Even if there is really a season for altcoins, remind yourself to only invest in strong, clearly structured coins with open moving averages.
Don't waste time, energy, and bullets betting on those half-dead junk coins, and don't expect them to 'accumulate and burst forth' one day. The truly well-funded and confident coins are always the ones that start first and give feedback first.
Finally, don't forget to hit follow, let's achieve financial freedom together in this bull market, okay!
