Waking up, the market directly gave an 'Early Morning Surprise' — BTC stepped onto 108k, and the sentiment instantly ignited. The Greed-Fear Index soared to 68, and even the 'dovish' traders couldn't help but shout to go long on altcoins.
Is the bull market really back overnight? Hold on, let's analyze the market:
1️⃣ Mainstream Coin Trends
1. BTC: Ambition to challenge 110k, but it depends on whether this week's macro atmosphere supports it. Bitcoin has long since departed from the 'closed loop'; if the external stock and bond markets encounter issues, the bulls will inevitably face setbacks.
2. ETH: Strongly reclaimed 2,500; if the upward momentum weakens, the bulls may get countered by the bears again; there are clear signs of increased short positions, and the key is whether the bulls can maintain the daily momentum.
3. SOL: Long-awaited strength, accelerating from 140 to 150 seems like it's anticipating ETF-related good news; if it touches 160 tomorrow but the volume declines, be cautious of profit-taking at high positions.
2️⃣ Hot Coins:
1. 55162854260 rebounded to 0.102, daily increase of 11%, the former 'harvester' has briefly regained some value.
2. H surged 131% in one day.
3. Ethereum European Summit boosts the ecosystem: ARB +17%, ETHFI +13%, EIGEN +10%.
3️⃣ Meme Popularity:
1. 03977403704 weekly increase of 66%; PEPE daily increase of 8%; WIF +6%; USELESS hit a new high again, +21% in 24h, market cap broke 184 million.
2. ETF Catalyst: The president of The ETF Store hinted that the SEC may approve the Grayscale Digital Large Cap ETF this week; if successful, the spot XRP/SOL ETF might follow closely.
4️⃣ On-chain Trends
1. Ethereum Foundation transferred out 1,000 ETH 8 hours ago, the receiving address has absorbed 11k ETH recently, beware of potential selling pressure.
2. BONK platform has become a major player in the SOL circle; if $USELESS completes a wave of crash, the sentiment in the sector may be reshuffled.