Good Saturday, let's chat casually! The weekend market is more stable due to weakened liquidity, suitable for playing in small spaces. Focus on support and resistance levels for opportunities; take action when necessary!
BTC
According to Bitcoin liquidation heat map data, if the price rises, there are large and extra-large short positions waiting to be liquidated in the 106200-112400 range; if the price falls, there are large long positions waiting to be liquidated in the 104000-100400 range.
Strategy:
Support levels: 100,305 / 98,500 / 96,500
Resistance levels: 107,507 / 109,465
Current price is at critical points 103,055 / 104,757, the market has once again arrived at familiar nodes, need to closely monitor subsequent trends!
ETH
According to the Ethereum liquidation heat map data, when the price rises, there are large and extra-large short positions waiting to be liquidated in the 2588-2748 and 2772-2920 ranges; when the price falls, there are large and extra-large long positions waiting to be liquidated in the 2504-2392 range.
Strategy:
Support levels: 2,403 / 2,343 / 2,285 / 2,215
Resistance levels: 2,627–2,665 / 2,719
If Ethereum does not break through the yellow arrow's bearish line on the 4-hour level, it will oscillate around its high and low points, forming an engulfing pattern. Pay close attention to the support strength in the 2,542 / 2,510 range!
Do not have any expectations for the altcoin season!
Whales have shorted 16 altcoins on Hyperliquid since June 12, with a floating profit of 3.56 million USD, including 2.48 million USD profit from DOGE shorts and 1.4 million USD from DOGEXRP, total short position size 57.5 million USD, with three days of funding income of 2.275 million USD, showing that the shorting operation is extremely successful.
Despite market expectations for the Federal Reserve to cut interest rates to boost liquidity, the 21-year bull market was driven by global quantitative easing, Web3 innovation, and faith. Altcoins have a reservoir to absorb funds. Now lacking similar innovation and faith, interest rate cuts may have a hard time driving significant increases in altcoins, and path dependence may falter.
Reviewing coins
USELESS surged tenfold!
More insane than labubu, I didn't expect it to be this strong. About 8M entered, doubled the principal, and the remaining profits will be taken out in batches.
This narrative perspective is similar to neet and house, all from the explosive phase from a few million to tens of millions. It's recommended to keep an eye on these concepts!
PEPE surged 230%
Once again demonstrating strong potential, entered at 0.010778 yesterday, target price 0.01135, today's price soared to 0.0112021, achieving an incredible return of over 230%!
On-chain investment logic sorting:
Solana: Prefers chasing hot coins, but when funds are insufficient, the hot spots often lack trading volume, making it difficult to participate.
Base: Currently focusing on the Virtual ecosystem, not much knowledge of other projects, observing temporarily.
Sui: On-chain meme vitality relies on the rise of $SUI price; if $SUI does not rise, memes will basically fall silent.
BSC: High familiarity, diverse gameplay including dividend games, community games, and controlled games, each with its characteristics. Key focus on two points: strong resource holders can lead the trend, market capitalization is secondary. Mechanisms like dividends and voting can maintain community activity, even if the candlestick chart is not strong.
BSC position inventory:
$U: Niche coin, low trading volume, concentrated positions but stable prices, non-trading competition players, hold and observe continuously.
$JAGER: USD1 liquidity pool, 0.11% dividends, recent trading volume has shrunk, long dividend cycle, needs several days to claim.
$CA: USD1 liquidity pool, high on the alpha list, price is falling but trading volume is large, possibly has potential dynamics, pay attention to subsequent developments.
$EGL1: 55M entered, currently 45M, hoping to recover through trading competition, observing in the short term.
$0xDREAM: 7M entered, currently 4.3M, belongs to the MCP protocol system, pay attention to subsequent play.
$KOMA: Established project, hold long-term, regarded as a faith position.
$BMP: Chart coin, originally from ETH, recently cross-chain to BSC, 3M entered, currently 3.9M, observing temporarily.
