BTC Bitcoin rebounded as expected over the weekend. After the rebound, it did not drop below 108000, and this morning it continued to break upwards. As long as Bitcoin remains above 108800, the likelihood of testing the 110500-112000 range is increasing. The short-term pressure point is around 109700, and an effective breakout above 109700 looks at [110500-112000].
Do not chase Bitcoin between 108800-110000. The only condition to chase high here is a strong breakthrough at 112000, turning 108800 into a short-term strong support. If it does not break 112000, it could easily retrace to 108800-108200. Chasing high above 109000 will leave you hanging at a high position. Ethereum has rebounded after breaking the bottom neck line, surpassing the 2384-2521 consolidation range. The next test points are 2689, 2859; as long as 2384 is not broken, you will always be an E sentinel. Currently, it is in a dense chip area. From a higher level perspective, Ethereum is forming a head and shoulders bottom pattern, with resistance above 2,600 USD. If it stabilizes at this position, the next target may reach 2,700 USD. If tariff policies cause severe fluctuations, it is recommended to take profits around 2,680 USD and re-enter after the market stabilizes.
Ethereum 10,000 USD? The Ethereum Community Fund will launch a series of plans in the coming weeks, including complete funding details, first initiatives, core team and contributor information, as well as guidelines on how to apply, contribute, or start new projects. The Ethereum Community Fund emphasizes that it is not a think tank but a "war chest," with the mission of driving the ETH price to 10,000 USD. The idea is good, but I doubt whether they have the strength to support their mission.
This week's significant information (US time): July 8 (Tuesday) 11:00: End of the US tariff suspension period; July 9 (Wednesday) 1:00: Federal Reserve meeting minutes. These two time points are extremely easy to needle and will not be in the same direction. A fan asked me about Dogecoin last Tuesday night; Sweet Dream replied 0.1568 could be a bottom, and that fan bought at 0.15830, making a profit of 185%. The logic behind opening a position in Dogecoin is very simple! From a technical perspective, after hitting the 0.15 pressure point four times, a rebound started. The Dogecoin market maker has operated like this several times, which is not considered malicious!
UNI has been continuously increasing volume at low levels, which may indicate that the main force is accumulating. A certain whale recently withdrew 620,000 UNI tokens (approximately 4.6 million USD) from the OKX exchange within the last 3 days. This further confirms that the main force behind $UNI is continuously accumulating.
The new SEC chair has eliminated regulatory headwinds for the DeFi industry, clearing obstacles for the revival of the DeFi sector. When the DeFi sector takes off again, Uniswap, as the leader in DEX, will be one of the core targets.
The top 7 memes before Bonk's rise are all launched by BONK. Meanwhile, the $BONK native token has reversed $TRUMP to become the number one meme token by market cap on the SOL chain. It is said that the strength of the chain is best reflected by which chain's leading token emerges when hotspots arise, and the launch pad is the same; recent new projects have prioritized BONK.
Finally recommending 10 low market cap BONK ecosystem targets with potential. The selection criteria are as follows: 1. Is the narrative itself independent? 2. Is the community still active? 3. Is the narrative itself easy to form a consensus? 4. Have Bonkguy/Tom interacted?
Currently, most of them are waiting for value discovery, waiting for wild market makers or conspiracy small groups to come to CTO, or waiting for community lotteries to interact with Bonkguy/Tom.
