1. Bitcoin (BTC) Market Analysis
1. Key Price Dynamics
- Current Price: Bitcoin reached a high of $109,114 today, then slightly retraced to around $104,000, just a step away from the historical peak of $108,786.
- Driving Factors:
- Macro Positive: The resumption of US-China trade negotiations and a new agreement between the UK and US have boosted market risk appetite, driving fund inflows into the crypto market.
- Institutional Support: BlackRock's spot Bitcoin ETF (IBIT) has seen a net inflow for 19 consecutive days, attracting over $1.03 billion in a single week, becoming the core driver of price breakthroughs.
- Technical Breakthrough: BTC holds above the psychological barrier of $100,000, with weekly RSI entering overbought territory, but long-term trend remains unchanged.
2. Short-term Trend Prediction
- Bullish Signal: If the price holds above the $100,000 support level and breaks through the historical peak of $109,588, it may target $130,000.
- Risk Warning: RSI overbought may trigger a correction, if it falls below $96,626 (20-day moving average), it may retreat to the $88,000 region.
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2. Ethereum (ETH) Market Analysis
1. Explosive Growth Logic
- Technical Upgrade Catalyst: The successful implementation of Pectra upgrade (EIP-7702) increases staking limits and reduces Layer 2 costs, with ETH surging 43% in 72 hours, peaking at $2,600.
- Short Squeeze: Short liquidations in the futures market exceeded $438 million, with funding rates surging, and bullish sentiment dominating the market.
- Valuation Recovery: CryptoQuant data shows that the ETH/BTC exchange rate is at its lowest level since 2019, with strong demand for catch-up.
2. Key Support and Targets
- Support Level: Short-term pullback to watch at $2,320, if broken, a test of $2,111 may occur.
- Upside Potential: After breaking through $2,600, the next target is $2,850, with a medium to long-term bullish outlook towards $3,000.
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3. Recommended Potential Explosive Coins
Based on news, technical aspects, and fund flows, the following coins have short-term explosive potential:
1. PEPE (Leading Meme Track)
- News: The meme sector is regaining popularity, with a 24-hour increase of 25.26%, and on-chain whales continue to accumulate.
- Technical Aspect: Breakthrough resistance level of $0.000014, RSI is overbought but no divergence appears, target $0.000017 (+20%).
- Strategy: Gradually build positions near $0.000011, stop loss set at $0.000009.
2. TRUMP (Celebrity Effect + Meme Coin)
- Catalyst: Expectations for Trump's re-election are rising, with community enthusiasm driving a 24-hour increase of 23.36%; Coinbase CEO stated, "Market sentiment is significantly driven."
- Risk Warning: Highly dependent on celebrity popularity, be wary of potential policy or public opinion reversals.
3. SOL (Core Layer 1 Track)
- Fundamentals: Gas fees on the Solana chain have surged, and ecological projects are frequently airdropping (e.g., Doodles), with a 7-day increase of 21%.
- Technical Aspect: Breakthrough resistance at $150, target $180, linked to BTC breakout trend.
4. ATOM (Leading Cross-Chain Ecosystem)
- Breakout Signal: Daily breakout above $5.15 bottom pattern, target $6.50, if stabilized, may initiate a new round of increases.
- Ecological Benefits: Cosmos IBC protocol upgrade enhances cross-chain efficiency, attracting institutional fund positioning.
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4. Risk Warnings and Operational Suggestions
1. Volatility Risk: Both BTC and ETH are in overbought territory, caution is advised regarding market corrections after the CPI data.
2. Position Management: It is recommended to allocate 50% to mainstream coins (BTC/ETH) + 30% to high-volatility altcoins + 20% cash to diversify risks.
3. Event-driven: Pay attention to policy signals and Federal Reserve interest rate decisions at the Bitcoin conference on May 28, avoid high-leverage operations.
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Take Immediate Action:
- Short-term investors can position in meme coins like PEPE and TRUMP, entering and exiting quickly;
- Mid to long-term positioning in leading ecosystem tokens like SOL and ATOM, waiting for technical confirmation of a breakout.
Disclaimer: The above analysis is for reference only and does not constitute investment advice. The market carries risks, and investments should be made with caution.