June 17 Hotspot;
1. Polyhedra report: The ZKJ crash is due to a chain reaction triggered by on-chain collaborative liquidity attacks.
2. The U.S. Senate will hold a final vote on the (GENIUS Act) tomorrow at 4:30 AM.
3. Cantor Fitzgerald favors Solana as a treasury asset, superior to Ethereum.
4. Eric Trump expressed strong support for Tron, calling Justin Sun a friend and an important figure in the crypto space, but clarified that he himself has not publicly participated in related companies, denying previous statements.
5. Arkham: FTX withdrew 252,847 SOL from Coinbase Prime, worth $39.72 million.
Bitcoin's daily chart rose from a low of around 104,900 yesterday to a high of around 108,900, closing near 106,750. Support is at MA14; if broken, look for around 104,900. A pullback can be a buy opportunity nearby. Resistance is at 107,750; if broken, look for around 108,950. A rebound nearby can be a short opportunity. MACD shows a decrease in bearish momentum. On the four-hour chart, support is near MA60; if broken, look for MA90. A pullback can be a buy opportunity nearby. MACD shows a decrease in bullish momentum.
4 types of altcoin markets are bound to surge 10 times!
UNI
V4 is still on track, retaining its leading DEX status, with ecological value continuously stacking. The recent candlestick patterns show the market starting to revalue UNI. Those slow will wonder 'why is it rising again,' while the quick ones are already preparing to capture the second wave of profits. To change the outcome, action must be taken now.
AXL
Axelar's General Messaging Protocol (GMP) supports cross-chain interactions, empowering DeFi protocols like dYdX and Uniswap. The AXL price surged 30%-36% over the week, rebounding from a low of $0.27, having dropped over 40% year-to-date. Collaborating with Immutable zkEVM and JPMorgan, it expands Web3 gaming and asset tokenization, showcasing its infrastructure potential and a rebound in investor confidence.
SXT
This coin seems to be on the rise lately, hovering around $0.08 for a long time. Microsoft is the only invested project in the crypto circle, and its technology is being used by Google’s BigQuery, indicating it has real potential. With a total market cap of only $500 million, it is clearly undervalued. As soon as the market warms up a bit, this type of strong yet cheap coin is likely to surge, possibly breaking historical highs.
WIF
The soul of the Meme sector, the only Meme coin on the Solana chain that can compete with DOGE and SHIB. The community consensus is very strong; if bullish market sentiment resumes, a target of $1.5-$3 is expected.
Friends who want to join Old Chen's community.
Focus on spot trading
Group content:
1. Seize the opportunity to build positions in the next 3 months, which can help many people cross classes again in a bull market!
2. Altcoin spot opportunities will share segment and long-term strategies in real-time!
3. The market is active again, and new star sectors or coins are definitely needed to ignite a new bull market. Catching one can lead to significant profits, catching several can lead to explosive gains!
Strong recovery, asset doubling! Stay ahead in rainy days, layout in advance, and easily reap significant profits.
Continuously monitor: ALT ZKJ BID