7.8 Market Trend Analysis:
Bitcoin is currently still in a fluctuating adjustment range, altcoins are following the decline!
Bitcoin failed to break through 110,000 yesterday and instead performed a one-hour level correction structure. Today's expectation is to first retrace to 106,500, then rebound to 108,000; Ethereum is following Bitcoin's pace and is still fluctuating around 2,500.
The performance of altcoins is really disappointing; as the market slightly consolidates, they plunge. Yesterday, coins like $GUN and $ALPINE looked decent, but today they have also collapsed.
The best operation right now is—no operation.
Finding one coin that rises among a hundred that fall, and it only rises for a day or two, is not very meaningful.
Isn't it time for the $USD1 lottery list mentioned yesterday to be released? Liquidity on the BSC side is getting worse, and funds are running to Solana. The BONK vs PUMP battle is on the SOL chain! Seize the opportunity!
🔥Market Highlights
1️⃣Sol Chain: BONK unleashes a big move, with a massive destruction of 1 trillion tokens; Pump.fun will launch on Gate with a market cap of 4 billion;
2️⃣The $AP on the ETH chain skyrocketed dozens of times, riding on Musk's "American Party" concept;
3️⃣Small coins VIC, FIS on Binance contracts surged, be cautious of high position risks.
