July 14, 2025

Bitcoin has reached $120,000, which is both within expectations and slightly unexpected. Perhaps for the seasoned investors in the crypto space, everyone knows deep down that the price of Bitcoin will keep rising, but when it actually breaks record after record, it still feels somewhat surreal. Regardless, congratulations to Bitcoin for surpassing $120,000, initiating a new round of rally. As for the potential above, it is currently uncertain; we'll just have to wait and see.

After Bitcoin's new high, it seems that media outside the crypto space and non-crypto enthusiasts are more excited, while the various groups within the crypto community are surprisingly quiet. The reason is clear; not many are firmly holding onto Bitcoin, and I belong to that group. Thinking about how I have converted most of my Bitcoin into Ethereum, I feel a bit disappointed. However, the future of Ethereum is still worth looking forward to, especially after Bitcoin's new high, as Ethereum is expected to enter a new phase, and in fact, Ethereum is making efforts.

Generally, after Bitcoin, some large-cap coins tend to rise next, such as ETH, SOL, and BNB, along with established coins like XRP and DOGE gradually taking action. Following that are mainstream coins, including the DeFi series I advocate for, such as Aave and Uniswap, which are established projects that can generate real returns and will gradually gain market recognition. There are also larger market cap projects that continue to operate. Lastly, there are altcoins, but it's clear from the funding chain that since altcoins are the last link, if the main players withdraw early, there will be no 'altcoin season.' Moreover, due to the large number of altcoins, only certain segments can rise, and most are either newly launched or less established coins.

Alright, the market is truly on the verge of rising, especially with two high-cap projects, PUMP and WLFI, launching recently. During a downturn, the launch of such projects can lead to massive capital extraction, while in a bullish market, they can become hot topics for speculation, leading to stories of sudden wealth that attract newcomers. Therefore, besides patiently waiting for your coins to rise, it's also wise to pay attention to new opportunities.

Thank you for your attention and likes.