Every round of rise follows the rules, but after a rise, there will always be a washout fluctuation. As long as you firmly hold the spot, the trend won't shake you off. But if you're trading contracts, every wave of rise will involve your 'nervousness'!
Today, Bitcoin first dropped to 106769, then rebounded to 108484 before falling back to 106948. Currently, it is fluctuating around 108000. In my article yesterday (Trump’s interference, will Bitcoin rise and then fall tonight? ETH pushing for 3000? WCT soaring 135%, TRB skyrocketing 52%! AI hiding Musk's halo! The skyrocketing hundredfold coin is him!), I have already reminded everyone how to operate BTC: the market first falls and then rises, with the second support at 1069 (lowest at 1068), perfectly capturing the low point and rebounding.
BTC
Bitcoin was 'saved' by Nvidia's earnings report this morning, which has pushed US stocks up. If there are no external bearish factors interfering, today looks bullish.
Recent major positive news in the market
1. GAMESTOP has purchased another 4710 bitcoins.
2. The US spot Bitcoin ETF saw a net inflow of $433 million yesterday.
3. Metaplanet has once again announced the issuance of $21 million in interest-free common bonds to increase BTC holdings.
4. Trump's tariff war has been halted.
BTC's 4-hour support is still valid, but daily support has temporarily failed. I expect a pullback to the Vegas tunnel, which hasn’t retraced since the golden cross. Generally, the first pullback can lead to a big rise, but if the market doesn't correct and just surges, the subsequent strength may weaken. Therefore, a pullback before starting again is the best.
Long positions at 107700-106300 for low entry. If it breaks below 106000, then look towards 105000-102400. For short positions, enter on a rebound at 10.98 high, with a stop loss at a new high; the profit potential is large. (The short entry point will be updated in time; those who haven’t added me can do so.)
ETH
ETH quickly cleared the market’s short positions after breaking 2720, soaring to a high of 2788. The shorts were liquidated, triggering buybacks, and the rapid decrease in open interest is a normal phenomenon.
I shorted to catch a short-term pullback, entering the 2550-2650 range, with nearly a 10-point profit. I’m conservative on Ethereum; short-term trading is a great strategy, and steadily increasing USDT is the most suitable.
ETH just broke through at noon but was brought down by Bitcoin. Fortunately, there are still some buyers, allowing ETH's price to stabilize above 2700. The next resistance level is 2850, which is a key concentration area for chips (non-chain data perspective). 2850 serves as the next key reference resistance level. I’m preparing to place a short order here, trying to short it a bit.
Shanzhai
TRB
Yesterday it was the top gainer, and today it reached a high of 62.34. Those who followed my layout of TRB have made a lot of money; let’s first look at 70U.
UNI
This coin is indeed a monster; the entry price was 6.7, and the take-profit target was set at 7.7. Today it perfectly reached that target, making a 15-point profit, very satisfying.
rato
Regarding the mouse $rato, we’ve made huge profits before, and last night I entered at 0.0{4}1056, which today surged to 0.0{4}1922, making 82 points.
The Ethereum meme ecosystem trend remains strong, with the MATT universe leading the wave!
Zeus Dog ZEUS has a market cap of $50 million, leading the market.
BOOCHIE, BERRY, and RATO all had market caps exceeding ten million, while the new coin FRANK broke a million upon listing. The MATT universe is nurturing multiple million-level tokens, and the trend is surging.
Why is Matt_Furie’s narrative so popular? The core of the popularity is the immense influence of $PEPE. Retail investors have a consistent expectation for the 'next PEPE', driving the hype.
But be cautious: the market environment has changed drastically, making it much harder to create a phenomenal meme. The targets are complex, and retail investors face challenges. There may be a 'next PEPE' in the future, but don't blindly chase the heat. The first to rise is not necessarily the leader, and slowly heating projects may also harbor potential. The core of a phenomenal meme is still high decentralization!
On-chain
IBRL:
Recently fluctuating repeatedly in the 40-50 range, always hanging on to the appetite for repurchase expectations. Once good news lands, it’s about who runs the fastest! The strongest narratives always attract the most followers.
YEE:
Before the price retraced, a small group of friends had already privately messaged for consultation, and we had long prepared for YEE's trend. Yesterday at 6M, I told everyone to get on board; this position is expected to complete 5-3 waves at 14M, followed by a 5-4 wave pullback, recommending entry around 5M. This morning, it broke the downward trend line and has now reached 7M, with the fifth wave accelerating!
C:
Yesterday, it surged to around 3.9M, and many people have exited at different stages. Currently, it is slightly retracing and stabilizing around 2.8M market capitalization. At the current level, four words: decisively get in! The USD1 track has huge potential, and Binance listing USD1 has released a strong signal. With such a small market cap, not taking a gamble would be a disservice to oneself! 1B gambles for 10B, there’s no reason not to participate, with a maximum loss of 1B, but the upside could be limitless! I hope the project team delivers and doesn’t let the brothers down!
