Since Saturday, the market has been particularly sluggish, with trading activity extremely low, just like in the scorching summer when people don’t want to move. This is when the market makers love to stir things up; the less attention the market gets, the more they will find ways to create trends to attract people to take over. Right now is the lowest cost time for market makers to build positions!
#btc is estimated to pull back to around 105500; I plan to make a short-term rebound at this position. There is a bit of support around the previous low of 106400, which can stop profit on short positions, but I still want to wait to enter around 105500 for long.
#ETH is still in a consolidation range overall, with a small timeframe forming a triangular pattern. According to this pattern, the price is expected to pull back to around $2470, and long positions should be held. If it breaks below, then exit decisively.
In the altcoin world: the crypto circle has entered an era of playing coins through the authorities (Trump). The correlation between coins and stocks and the blockchain of stocks will only prove how trashy the altcoins are; the law of the jungle will further unfold.
TRUMP
Even the small shops are now supporting payments with #TRUMP tokens, but the coin is still falling, currently priced at 8.67. While delivering good news, they are continuously unloading their stocks, exchanging costless digital coins for your real money. I have to say, it still comes down to the authorities.
TRUMP coin is great for short-term trading; it has volatility, heat, and liquidity, completely driven by news. From a short-term perspective, it's an excellent choice.
I still hold the short position for TRUMP because it will unlock on July 17. I think the recent trades are all fine, and the logic is very clear.
#SOL staking ETF has been listed on Nasdaq! After the good news, this operation is the most reliable.
The SOL staking ETF has been in the works for a long time and has finally listed on Nasdaq, which is indeed a significant positive for SOL. But don’t think this coin will shoot up to the sky; in the future, cutting the leeks might not be so direct.
Looking at the trend now, SOL has rebounded with increased volume, and the price has also risen above the lifeline. Here’s an operational suggestion: you can go long on a pullback to 150.69, with a stop-loss set around 148; if you want to short, try around 159, with a stop-loss around 163. Recently, this coin won’t rise too much; above 165, there are only trapped holders, and the market makers won’t kindly let them break even. If you make a profit, hurry and run, don’t keep thinking about holding long.
Good, let's continue, today's hot topic #GRDM
A demand for infrastructure built on the USD1 stablecoin by a Nobel team can be considered an important part of the USD1 infrastructure. Just think about the potential behind the decision of the authorities to develop USD1!
Currently making a killing, recommended at a market cap of five hundred, now nearly seven million, and soon it will likely break ten million. Let’s aim for a tenfold increase; in any case, nothing can stop buying $GRDM today. The volume is so large now, it should be confirmed to rise to Alpha.
Finally, we are looking at the U.S. June unemployment rate and non-farm payroll data on July 7, which may trigger market volatility.
The data results will directly impact the expectations for a rate cut: if the data is weak, expectations for a cut will rise, which is good for the crypto market; if the data exceeds expectations, the market may panic, increasing the risk of BTC pullback. Currently, BTC is continuously fluctuating and declining, closely monitor the subsequent trends to seize investment opportunities!
