Bitcoin's highest yesterday: 109750, lowest 105100, with a fluctuation of 4650 points; Ethereum's highest yesterday: 2619, lowest: 2373, with a fluctuation of 246 points.
Today's hot opportunities:
1. Non-farm payroll data: June ADP employment decreased by 33,000, the largest decline since March 2023; layoffs at 48,000, a new low since December 2024; interest rate futures fully price in a Fed rate cut in September.
2. Tonight's non-farm data is crucial: to be released at 20:30, previous value 139,000, expected 110,000; unemployment rate previous value 4.2%, expected 4.3%. Meeting expectations is favorable.
3. Nubit STATION reservation: The first phase is open to institutions and qualified users, $tsUSD locked earnings, supporting BTC, USD1, and Taproot inscribed asset payments.
4. Backpack points activity: The second season officially begins.
5. On-chain fun: Company meme exploded last night; someone mistakenly bought for $288 instead of $288,000, and it surged instantly, leaving some happy and others worried.
6. Market dynamics: The overall market drives a rise in on-chain and CEX altcoins, with memes performing the best and retail enthusiasm high.
BTC
This morning, I suggested shorting near the high point of 109,500, and I am currently up about $1,000.
The current key battle point is at 108,200. If it breaks this level, it will enter a 4-hour suppression zone, with lower targets at 107,200-106,400. So this short position is worth a try. The US stock market closes early tonight, and tomorrow is a holiday; now we will see BTC's performance. Everyone should have followed the call to short at this high point, right?
ETH
ETH's performance is very strong, and the rebound of the ETH/BTC exchange rate drives the overall rise of altcoins.
As of now, ETH has reached a very strong resistance level, with the bullish-bearish dividing line at 2,605. If it can break this resistance, it could soar to 2,724. This is also the reason I didn't dare to short ETH in the early morning; it always likes to rise unexpectedly.
Altcoin
On-chain and altcoins are rising together; whether on-chain or in the secondary market, meme coins remain favorites among retail investors. Today's gainers are mainly meme coins, with neiro, bonk, wif... other coins only following with 10%+.
SKYAI
Yesterday accurately predicted the top gainer SKYAI, which rose over 50%!
WIF
Recommended WIF on Monday, today it rebounded strongly; those who followed have already gained 20%+.
How to catch a 'dog' trader? Here's a method that everyone can easily spot:
A simple comparison of the token and market trends: for example, $PENGU and $ETH, their movements are unrelated or even opposite during rises and falls. Why?
1. Retail investors are emotional and follow trends in the short term; large funds have a long cycle and do not fluctuate with short-term news.
2. During big rises and falls, the main players' counter-trend operations are more effective, with high liquidity masking their actions.
The premise is to confirm that the main players are not using the market to offload inventory; a big market move is also the best smokescreen.
On-chain
JUP new platform launched, highlights: 50% LP returned to creators (unlocked after 1 year), supports USDC/SOL/JUP as benchmark assets, creators receive 50% of transaction fees, customizable market capitalization, supports token locking and phased release, includes anti-bot features (Anti-Sniper Suite).
Currently, in terms of market capitalization, narrative, and K-line performance:
VIBE: A test coin issued by the official team, which has also been reposted by the official account. It basically belongs to the top tier that the official wants to support before the platform goes live.
Poopiter: the platform's first meme, selected from DNF, has broken the million-level, emerging as a second-tier leader with emotional consensus.
