In the past week, Bitcoin spot ETFs have seen net inflows. If it weren’t for the sudden “accident”, Bitcoin would have risen to 120,000 by now. Based on Bitcoin’s performance in the past few days, it is expected to return to above 110,000 this month.
Today's Hot Opportunities:
1. The whale lost 10 million U in three days, was liquidated three times in 3 hours, and had 668 BTC (about 72 million U) and 16,500 ETH (about 41.14 million U) liquidated. It was extremely exciting to open a position with 40x leverage.
2. USG copycat fever drives encryption: Guoshen Security soared yesterday and opened at 7 yuan today, driving the Haskey token $HSK to increase by more than 3 times. The copycat season has not yet arrived, but the USG copycat market is hot.
3. WLFI is about to issue tokens: WLFI hints at opening token transfers, and a project with a valuation of 1.5 billion may be located on the BNB chain. It is expected that liquidity will be drained after the token is issued, and it may be GG in the short term.
4. Kalshi receives financing: The prediction market platform Kalshi is backed by Paradigm and will complete a $100 million financing with a valuation of $1 billion, similar to Polymarket.
5. Fragmetric airdrop: The Fragmetric Foundation launched the FRAG token, and 10% of the total supply was airdropped to fragSOL, fragJTO, fragBTC participants, cooperative DeFi users, and Discord, DRiP, TOPU, and Mad Lads community members.
6. SaharaLabsAI is a complete winner: SaharaLabsAI has successfully deployed its entire business. Congratulations to all the participants in the investment and new IPOs.
BTC
Bitcoin bulls are attacking rapidly, and the price has returned to 108,000, but it has been oscillating in the box, and it is unlikely to break through directly. A false spike is possible. 108,800 is a strong pressure for long and short positions, and you can also try to short.
BTC focuses on the supports of 107000, 103055, 100300 and 97669. No pressure is set for the time being. It fell to 106700 last night and stabilized. The small double tops and double bottoms in the early morning provided short-term long and short opportunities, which is in line with the rhythm of "two model tops and two bottoms in the early morning" that I mentioned. If you grasp it well, you can take a small profit.
Reminder: If Bitcoin falls back to $104,000, the target of $120,000 is more likely; if it breaks through directly, be wary of the risk of false breakthroughs.
ETH
Ethereum's trend is weak. It hit the daily middle line of 2516 and then fell back. It is difficult to break through the strong pressure zone above in the short term, unless it keeps grinding for more than a few weeks. The Ethereum Foundation is suspected of cashing out by transferring chips. A similar operation last year resulted in ETH falling from 3200 to 2100. I also want ETH to rise, but no one is shorting at the moment, so where does the market's impetus come from?
ETH focuses on the supports of 2343, 2285, and 2215. No pressure is set for the time being. The key resistances are 2403, 2542, and 2585. It follows the BTC trend as a whole, with occasional differentiation but the trend is consistent.
In terms of operation: Continue to hold on to the bottom positions of BTC100300, ETH2172.5, and SOL128.5 over the weekend. Today's deep squat gives you an opportunity, so continue to sell!
Copycat
As Bitcoin rises, the copycats are being sucked dry! As Bitcoin falls, the copycats are jumping faster!
I looked at the secondary level of the altcoins. Most altcoins are falling back to the low point of April 7. Even Bitcoin has not pulled back. But once it starts, the altcoins may fall below the low point. The weekly chart shows that the market has ended. For these coins, they have entered a long wash-out period. There may be a rebound at a small level, but the trend is downward. However, the trend is still falling. Fartcoin, hype, Sui, Virtual.
The crypto industry has been tossing around for more than a decade, and innovation, hype, and narratives ultimately feed Bitcoin. Today, the narratives of DeFi, NFT, and GameFi are exhausted, users are lost, the on-chain economy is tending to nothingness, both price investment and speculation have collapsed, and the market has entered a negative-sum game dead cycle, with only the BTC front still coasting by inertia.
On-chain
Tired, tired! SOL chain is really worthy of being called a "junk chain", there are indeed a lot of junk memecoins!
The recent market value of Dogecoin, which is worth hundreds of thousands, is dazzling. The on-chain market is sometimes good and sometimes bad, and the funds and hand speed cannot keep up with the speed of new currency refresh. Especially at night, when the foreigners come online, the market is so lively that you have to grab it in seconds!
Last night, I fought with my friends until three in the morning. New coins such as MONKEPHONE, corncat, POKE6900, etc. broke through one million, and $MORI even went straight to tens of millions, but most of them could not last through the night.
Except for POKE6900 and MORI, which were still a bit hot in the morning, they probably won't survive for a day, and the others have basically collapsed. MORI is still a conspiracy, and the gold dog $solami from the night before only lasted for a day before it died. It's getting harder and harder to beat the dog on the chain, and the player landscape is getting smaller and smaller. The gold dog has no staying power at all.
Finally, I would like to talk about the Bitcoin bull market. How can retail investors make money?
1. When participating in new offerings on platforms such as Binance Alpha and Virtuals, don’t expect to get big results, just accumulate small gains;
2. Participate in activities on platforms such as KaitoAI and cookiedotfun, output high-quality content, and use yap points to exchange for airdrops, which can also add up to a lot;
3. Participate in TGE issuance on various platforms, such as buidlpad and other platforms, and register in batches with KYC. The more accounts you have, the greater the results you can get;
4. Participate in on-chain PVP, and you can get big results with a small investment, but the premise is that you have to accept 99.9% of the zero garbage;
5. Deeply participate in high-quality projects and accompany the project team in the first phase of construction. You will definitely get great results in the end, but you need to carefully investigate the project quality, resources and operational strength;
6. If none of the above are suitable for you, then just hold on to your BTC and wait for it to reach 150,000-200,000 per coin;
7. If you don’t have BTC, you can also wait until the real bull market comes, and then you can take advantage of the market and get big results;
Don’t be too anxious, just hold on to your coins and wait for the price to rise! President Trump is dissatisfied with the Fed’s pace of rate cuts and is considering announcing the next chairman a few months in advance, challenging its independence. The new chairman will take office in May next year. If the announcement is made early and the candidate is crypto-friendly, the market will be more optimistic, and the world will be watching the Fed’s rate cuts and money release.
