Today's hot project opportunities
1. Trump promotes the 'T1 American-made' phone, MEME coins surged last night! Relevant MEME coins are hot, with the market constantly hype.
2. Sun Yuchen's Tron reverse mergers onto NASDAQ with SRM, stock price skyrocketed over 5 times! Soared over 500%.
3. ZKJ plummeted due to on-chain collaborative attacks, and is now repurchasing and rising, up over 180% from the bottom.
4. Micro strategy purchased 10,100 BTC from June 9 to June 15, continuing to increase positions.
5. Binance's Alpha rules adjusted, inter-token trading and LP balances no longer affect calculations.
BTC
Bitcoin rebounded from $106,000 to $109,000 as predicted, showing strength. Currently, the direction after the rebound is unclear: if it can hold above $110,000, it may be bullish; otherwise, it may face bearish pressure. If it can continue to rise in the afternoon, it is expected to challenge $109,000 again; otherwise, it may face resistance.
Regarding the false breakout of the previous high at 108400, shorts entered around 107,100, with target prices of 105,000/103,000/101,000 and a stop-loss price of closing above 109,100 on the 1-hour candlestick. (After the interest rate meeting, the direction may be clearer, closely observe the possibility of a breakout or a drop.)
It is worth noting: BlackRock is buying Bitcoin ETFs madly, with purchase volumes far exceeding that of other ETFs, showing incredible strength! In the short term, Bitcoin prices may fluctuate, but the long-term outlook is bullish. As institutions gradually absorb Bitcoin in the market, prices may soar in the future, potentially becoming an asset that ordinary people find difficult to reach in a few years.
ETH
ETH mentioned yesterday to short in the range of 2680-2720. I opened a short position last night and set a limit order at 2720 before sleeping. In the morning, I found the first position had already made a profit. The price peaked at 2680 in the early morning, did not touch the 2720 add-on point, and then plummeted, liquidating over 153 million long positions, trapping those who chased up. The current price has returned to the 4-hour frame and is rebounding quickly.
Both bulls and bears are suffering: those who went long last night saw strong rises and set stop-losses before sleeping, regretting not taking profits in the morning; those who shorted couldn't bear the rise and set stop-losses at high points, regretting not holding on after the midnight plunge. The current market reflects a mentality of luck, as investors always want to expand profits.
ETH is expected to oscillate in the range of 2550-2630 today, with strong support at 2500 and strong resistance at 2720, suitable for trading in a fluctuating market.
Altcoin
XRP is currently reported at $2.27, down 1.87%; BNB is currently at $654.12, down 1.76%; Solana has a larger drop, currently at $153.71, down 3.9% from a week ago.
I researched BCH's main players, who usually complete the main upward wave within a month.
For example, if planning to end the rally in June, start from June 1, forming a monthly top by the end of the month. Monthly amplitude is generally 100%-200%. For instance, on June 1, 2023, the amplitude was 211%, and on March 1, 2024, it was 133%. Currently, BCH is in the third box, with both monthly and weekly MACD showing a golden cross.
On-chain
$RICO
The whale is generous! This morning, bought the dip on $RICO for 800,000, and in the afternoon, a big bullish candle shot up to a million!
To be honest, the market maker is the third son of my distant cousin's roommate. I warned him: if he doesn't pump the price, I'll slaughter his pig to eat!
$xavier
Market cap: $15.65 million
Narrative: An arrogant drifter often gets into trouble while searching for a goal; although the starting point is good, he often unintentionally hurts others.
Market cap changes: the project is an old one, and after a few months of washing, it rose to $6 million this month, driven by overseas KOL Ansem's tweet last night, boosting the market cap to $16 million.
$TT
The TT old project is fully circulating, joining the USD1 ecosystem after a period of bottom consolidation. The official website's countdown suggests new actions in BSC, possibly related to the investment in Trump WLFI and Binance's USD1 trading competition, but the pool is shallow and slippage is high, so caution is needed in operations.
