It's not easy being a retail investor in the crypto space!
Last night, Bitcoin took a deep dive to 98000V, then bounced back to 106500, right at the starting point of the big drop on June 20. From the chart, there seems to be some room above, possibly touching the upper end of the descending channel at 108500. In terms of trading:
In the range of 106500–107300, consider light short positions;
At the lower end, 103500–102500 serves as support, suitable for light long positions aiming for a rebound.
Be aware that the end of the month is approaching; although the short-term pullback is quite strong, the volume hasn't kept up significantly.
Some altcoins still have a chance for a bounce; in the past 48 hours, several altcoins surged directly by 20%–30%.
1️⃣ Meme Coins: $WIF , Bananas31, TUT are the most aggressive narrative coins; if you can't hold them, you can only watch them soar.
2️⃣ Serious DeFi Lines: $UNI , ETHFI, etc., also provided a considerable rebound.
In the coming days, take advantage of the mainstream fluctuations; many small coins are looking to bounce again—but remember not to be greedy; the volatility is high, securing profits is what matters.
🔥 Today's Market Highlights:
1. Sahara listed on Binance: A domestically developed AI data platform, with narrative appeal + liquidity double buff.
2. $SEI & APT lead the charge: Both tied to stablecoin narratives, with capital moving ahead.
3. NEWT surging: Debuted on a Korean exchange, small market cap new listing effect, igniting directly.
