The Federal Reserve considered interest rate cuts in July, and Bitcoin directly broke new highs. Unexpectedly, the triangle pattern chose to break upward, of course influenced by news in the early morning that led to a direct price breakout. Currently, the daily level has successfully broken the trend line and stabilized, so the next step may be to wait for a pullback to enter more positions. Once it breaks the historical high, market sentiment will improve, and even altcoins will get their turn for a rebound.
Currently, many altcoins are stagnant, even eager to move. They've slightly crossed the TOTAL3-USDT/BTC weekly trend line, so we may see a decent overall altcoin rebound (macro support factors: the beautiful big plan's stimulus).
AVAX
Avalanche's current price is approximately $19.52, with a market cap of about $7.6 billion. The network is known for its speed, and its subnet upgrades help reduce costs and accelerate deployment. AVAX has performed steadily over the past month, maintaining above the support level of around $18. Technical indicators suggest that AVAX may break out as on-chain activity continues to rise. This asset supports gas fees and ensures operational security across Avalanche's X, C, and P chains.
Avalanche also made headlines for collaborating with New Jersey on a $240 billion real estate tokenization project. Additionally, globally renowned companies like FIFA and VanEck are leveraging its technology. These collaborations demonstrate confidence in Avalanche's infrastructure.
FIL
Filecoin's trading price is approximately $2.43, with a circulation of over 680 million. Unlike most Layer 1 networks, Filecoin is designed to handle decentralized storage, employing proof of replication and proof of spacetime. The network's storage capacity has now exceeded 20EB and is even collaborating with Lockheed Martin for interstellar communication testing. Developer activity is also on the rise, with smart contracts being deployed through the Filecoin virtual machine.
FIL has fallen 7-13% in the short term this month, but the technical support level between $2.27 and $2.30 remains solid. With the release of new upgrades, analysts expect FIL to climb to $2.60-$3.00. The upcoming F3 update aims to enhance the finality of the entire network.
SEI
SEI's price is about $0.266, with a market cap of $1.46 billion and a circulation of over 5.6 billion. It employs a unique parallel execution and rapid response mechanism, achieving final confirmation in 400 milliseconds. Unlike general blockchains, SEI focuses on DeFi and gaming sectors and is gradually gaining attention. Its active address count recently surpassed 670,000, reflecting growing interest.
Its 'Giga' protocol paper outlines a scaling plan of over 5G/sec, setting SEI apart from other networks. After a 79% price increase earlier this year, the token has drawn attention. Support from the Japanese Financial Services Agency and participation in the Wyoming stablecoin project indicate that SEI has both regulatory considerations and real potential. Although its recent breakthrough of $0.32 has slowed, another breakthrough is expected soon.
SPX
SPX has risen 7.11% over the past month and 23.25% over the past six months. A significant weekly increase has contributed greatly to this upward trend. During this period, price movements indicate moderate increases and steady appreciation. Historical performance shows a gradual improvement and a continuous upward trend. Overall, the data reflects steady development without extreme volatility, providing a solid foundation for traders to assess the token's potential.
In the current market conditions, the SPX6900 range is between $0.83 and $1.65, indicating moderate expectations among traders. The recent resistance level is at $2.11, while the support level is at $0.46, which can provide a buffer during potential declines. Indicators show a balance of bullish and bearish forces, with an RSI reading of 54.89, indicating no strong overbought or oversold conditions. Price movements show some upward pressure but lack a clear trend. Traders can consider building positions around these levels; a breakout above $2.11 may signal further increases, while a drop toward $0.46 could signal a shorting opportunity.
I used a 'foolish method' to turn 260,000 into over 50 million!
Don't laugh; it's not clickbait. This method is, to put it simply, the most 'foolish' operational logic in the crypto world, but this foolish method allowed me to transform from small capital to financial freedom.
Five years ago, I was a tech enthusiast, staying up late watching candlesticks, studying MACD, RSI, and various indicators, with flashy operations, but the account never grew, and liquidation was quite frequent.
Until one day, I met an experienced trader.
He looked at me and said:
"In the crypto world, the smarter people are often the ones who lose the most. The ones who really make money are those who use 'foolish methods.'"
Then he handed me a set of operations.
"343 gradual accumulation method"
I wanted to laugh when I heard it; it seemed too simple! But after trying it once, I was stunned by the results. In two years, I turned 260,000 in capital into over 50 million!
What is the '343 gradual accumulation method'?
In summary: Don't guess the ups and downs, buy according to the plan, and steadily make money!
Step 1: 30% tentative accumulation
First, select mainstream coins (BTC, ETH, SOL, BNB) and use 30% of the total funds for a tentative purchase. Never go all in right away!
Step 2: Reduce cost by 40%
If it goes up? Wait for a pullback to add more. If it goes down? Add 10% of the position for every 10% drop until this 40% is filled.
The more you add to your cost, the lower it gets; once a rebound comes, profits will soar!
Step 3: Add 30% to the trend.
Wait until the market stabilizes at key positions, such as the 7-day moving average, then add the last 30%. At this point, the trend is clear, and profits begin to be released! Remember to set profit-taking levels, let profits run, and don't be greedy!
Why is this method so amazing?
✅ Don't rely on guessing the market, avoid emotional trading.
✅ Gradually accumulate positions, not easy to get stuck.
✅ Keep adding when it drops, rebound to recover and still make profits.
✅ Simple operations, beginners can get started directly!
