Brazil's CPI has dropped to 2.3%, a new low since February 2021. The market expects the Federal Reserve to cut interest rates in July, but officials remain cautious. Coinbase's stock surged by 20.53% due to its inclusion in the S&P 500 index. In May 2025, Bitcoin reached a historic moment - successfully breaking through the $100,000 mark! It peaked at $104,361, and its market capitalization surpassed Amazon, becoming the fifth-largest asset globally. Bitcoin's strong rise is driven by:
1. Institutional funds are pouring in significantly, recognizing its investment value.
2. Increased global economic uncertainty, with Bitcoin seen as a 'safe haven asset.'
In times of economic instability, Bitcoin's decentralization and scarcity make it a preferred choice for investors looking to avoid risks.
Today's BTC data shows that short-term investors, especially those taking profits, have not seen signs of market expansion and likely believe that the difficulty of BTC rising is high. The support in the $93,000 to $98,000 range is solid, with accumulation near $102,000, but it is all short-term investors, so it does not constitute support yet. Short-term fluctuations are expected, likely in the $101,000 - $105,500 range, with a temporary downward limit of $99,700. To continue climbing, a strong positive catalyst is needed.
Bitcoin is currently experiencing high-level fluctuations; on a macro level, there is actually no negative news. 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 towards an ATH, igniting altcoins completely. Today, Ethereum is soaring.
The core logic behind Ethereum's rise comes from three major driving forces:
1. Technological upgrades empowering growth
Pectra upgrade (launched on May 7) introduces EIP-7702 (account abstraction) to optimize user experience, while raising the validator staking limit from 32 ETH to 2048 ETH, eliminating technical barriers for institutional participation in staking.
2. Institutional layout and regulatory breakthroughs
Institutions like BlackRock are expanding Ethereum's application scenarios through RWA tokenization, shifting ETH from being viewed as an 'asset' to 'infrastructure.' The market expects that the SEC may approve ETH staking ETFs within the year, further strengthening liquidity and compliance.
3. Market expectations are warming up
Analyst VirtualBacon predicts that if BTC breaks through $200,000, ETH may hit $10,000. This long-term valuation logic is attracting incremental capital inflow.
Currently, there are opportunities in both CEX and DEX for altcoins. CEX is undergoing a rebound from being oversold, and on-chain, due to Bonk and Believe's large amounts, platforms are continuously promoting various memes. There have been many opportunities in the past two days, which can be a focus.
Once a trending market is confirmed, be bold in your actions; do not be afraid. When encountering good targets, you should dive in aggressively.
Summary of the leading strong coins in this round of hot sectors:
ETH System: Leading Staking Sector: ETHFI, EIGEN
ETH System: Leading MEME Sector: PEPE, NEIRO
BSC System: Leading MEME Sector: MUBARAK
SOL System: Leading MEME Sector: PNUT, MOODENG
AI Sector: Leading VIRTUAL, FARTCOIN
DAO Sector: Leading PEOPLE
NFT Sector: Leading PENGU
Figure out which is the leading hot sector; only by being aware of trends can we seize opportunities. We must constantly observe the market and be prepared, as opportunities wait for no one, and we have been waiting for opportunities.
Where the market hotspots are located, hot money will flood into the leading sectors. We should focus on hot sectors.
Current and future market hotspots will only occur in specific areas, not everywhere; the era of all coins soaring is gone. Not all altcoins will rise during the altcoin season; only specific hot coins will increase.
Sector classification only needs to categorize ETH chain, SOL chain, and BSC chain. Other chains do not need excessive attention, and time and energy should be focused where they are needed.
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