BTC
Bitcoin's upward trend is maintained well; currently, it’s just a technical adjustment. A 4% drop in Bitcoin is a normal phenomenon within a bull market cycle. If you want to find a reason for it, you can say...
The news about Trump’s tariffs has created a bearish effect.
When there is a large increase, a pullback is needed.
The 'dog dealer' is targeting that $1 billion big player. Bitcoin is currently in a consolidation phase within a four-hour upward trend. Last night’s volume drop broke the short-term structure, and the current rebound is hindered by the previous high. If it cannot return above 108,600, it is expected to continue downward testing the key support at 106,000. Bitcoin's Vegas tunnel has not been retraced since the four-hour golden cross; if a retracement occurs, it will be the best entry point, roughly around 102,000-104,000.
If Bitcoin retraces, there will be a clear support at around 103. After a period of consolidation, it will directly accelerate to break below 100, reaching 98, then quickly recover, ultimately forming a prolonged oscillation between 98-115.
This weekend will feature a good show from 'Sniper James,' but if Bitcoin ultimately does not form a large range oscillation (stabilizing above 108), then James might be able to withstand it.
ETH
Ethereum has consistently failed to break through and stabilize above the $2800 bull-bear boundary; there are simply too many trapped positions at high levels, with a total of 3.9 million ETH currently in a state of unrealized loss just before being untrapped.
Currently, ETH is accumulating in the range of $2,530-$2,640, indicating that there is capital willing to accumulate chips at this position. (1) On May 22, there was capital increasing holdings at $2,538, causing the chips at this position to rise from 900,000 to 1.53 million.
Whales that built positions around $3,600 in December 2024 are now averaging a cost of about $2,574 as they bought on the way down, holding a total of 1.94 million coins; these should be steadfast ETH holders. On a more favorable note, the low-cost chips accumulated around $1,500, $1,600, and $1,800 have not shown a significant reduction in holdings, which could provide positive momentum for ETH to break upward again. If BTC can maintain consolidation at a high level, will it be ETH's turn to perform? Let’s wait and see!
Are altcoins broadly declining, with opportunities brewing?
Most of the recently rebounding altcoins have given back their gains; market short-term sentiment has shifted from hot to cold. However, truly strong projects can still stand firm—just refer to one key indicator: whether it has maintained the daily K-line low point of May 22.
From the current trend, coins like NXPC, BGB, JUP, SAGA, etc., have not yet broken this support and show strong resistance to declines in the short term, representing relative strength among current altcoins.
A drop is not necessarily a bad sign; instead, it is the beginning of a 'big sell-off' of quality assets. Market fluctuations release panic, which is the best time for 'smart money' to buy low.
📌 Current strategy suggestion:
Buy in batches and gradually build positions, treating this market phase as a 'mini bear market.'
If concerned about volatility risks, using a dollar-cost averaging approach to steadily build positions may be the best strategy to navigate through cycles.
Opportunities are hidden in the quiet; whether you can seize them depends on whether you have a bit more patience and faith than others.
I saw Binance organized an event where staking Sol not only earns APR but also receives $Layer airdrop.
I moved some SOL over to support this.
Looking back, the $Layer bulldozer was incredibly impressive, attracting attention from all around. It has dropped now, but has the fundamentals changed? No, the technology is still progressing, it’s just that no one is mentioning it.
This is the crypto world; the price of the coin determines attention, and attention drives fundamental research, which is quite brutal.
I believe that a whale that can pull the market up against the trend for three months will not give up easily. This time I took the opportunity with altcoins and bought a little on the secondary market, along with what I had previously unlocked from the new offerings, all of which I staked. The next unlock is on July 16, and I should have sold the last batch around the same time.
Just hoping solayer_labs won't let me down.
Let’s predict the peak prices of several popular coins in this bull market:
Pepe is one of the popular coins this round. Strong community, abundant consensus, good news hasn’t fully emerged yet. Current price 0.00001500, optimistic about breaking the previous high, likely to be five times.
SOL is the strongest public chain in this bull market, optimistic with a target price of 250-300.
TURBO, strong community, abundant consensus, the good news hasn’t fully emerged yet. Current price 0.0085, optimistic about breaking the previous high. Target likely to triple, looking long-term at five times.
YGG, NFT ecosystem and game token. Current price 0.2, target 0.6, likely to break 1, judging that there may be a high probability of multiples; can be traded short-term, but long-term market is unclear, so be cautious with investments.
ACT, artificial intelligence and big data, a hot topic, strong control by whales, likely to double with potential for new highs.
PNUT, a popular MEME coin, optimistic about breaking new highs.
SUI short-term target price 5, long-term looking at 10.
LTC short-term target price 120, long-term looking at 400.
DOGE, the leading MEME coin, looking long-term at 1.
TRUMP coin, targeting 30, looking long-term at 50.
WLD, the leading coin in the AI sector, targeting 5.
AAVE, the absolute leader in the DeFi lending protocol, optimistic about breaking new highs.
TAO is the strongest VC coin in the AI sector, looking long-term at over 1000.
NEIRO, the leading MEME in the Ethereum ecosystem, optimistic about reaching new highs.
CRV, a stablecoin protocol, targeting around 2.5.
LDO, the leading Ethereum staking coin, looking long-term at 4-5.
VIRTUAL AI has a new gameplay model, short-term looking at 5.
ANIME, a rising star in the NFT sector, optimistic about breaking new highs.
