Again collapsed? Can Bitcoin stabilize at 100,000 tonight? BONK hides a hundred times opportunity, DOGE's new narrative is online, who do you support? The interest rate cut in September is still uncertain, will BNB and SOL face a turning point?
With several major bearish factors, Bitcoin is still stable between 100,000 and 110,000. Currently, high-level fluctuations are not a big problem, but don't be too optimistic; don't chase the highs, instead, be cautious of a sudden drop.
Attention, tonight Trump will announce the tariff results, but he has postponed the implementation date from July 8 to August 1, giving the market a bit more room for imagination but also introducing more uncertainty. To put it simply, Trump's bottom line is changing every day, disrupting the rhythm completely.
According to the original script, the crypto market should have adjusted and consolidated in July, then see a big trend in September-October, and end the cycle by the end of the year. But now, it has been dragged out like this; it can't rise or fall. The inflation caused by tariffs and the decline in corporate profits won't be reflected until October, and the Federal Reserve won't consider rate cuts until they see real results, making September uncertain. Year-end bull market? Hard to say.
Regarding altcoins: Last night, HIFI, BMT, and CHESS experienced flash crashes, leading to widespread liquidations. Don't rush to blame the platforms; first, reflect on yourself. These small coins and contracts shouldn't have been touched in the first place. Flash crashes in altcoins have become more frequent this year, not only on-chain but also commonly seen on CEX, with excuses for exit scams becoming increasingly perfunctory.
However, BONK has been performing very strongly recently!
BONK has completed the final segment of the triangular convergence and successfully broke out! Using Fibonacci calculations, the target price is at 0.0092, with potential for a 400-fold increase. After experiencing false breakouts and testing support, the trend is now clear and can continue to be watched!
Alright, let's continue to observe the performance of several altcoins to see if there's a possibility of igniting a new round of rotation market.
Altcoin performance is lagging, but mainstream coins are holding up quite well.
$BNB is like brokerage stocks in traditional finance; once a trend comes, it often starts the fastest. The overall structure is still healthy, and those without direction can consider shifting positions to ride the main rise.
SOL
#SOL experienced a decline, and after a bullish engulfing on June 23, it began to rebound.
It formed a double bottom on the daily chart, broke through on June 28, entering an upward trend, but the volume did not expand, leading to two pullbacks. However, the support held, and there were also piercing and morning star reversal signals, indicating stability.
Daily focus: bome, wif, bonk, doge, fun
