7.15 Market Situation Analysis

On Sunday, I warned everyone to be cautious of the pullback risks. Currently, BTC and ETH are still moving sideways at high levels, but altcoins have clearly pulled back in the last couple of days, with PUNT down nearly 20% from its peak. This market is really taxing; up for two days, down for a week—it's truly challenging.

The numbers mentioned yesterday, $PENGU and $HAEDAL , have held up reasonably well.

There's also the newly launched $PUMP, which I've heard raised over a hundred million dollars but only added 4 million in liquidity. It's quite absurd that the price can still stay above $5.

In the short term, there's a bit of adjustment pressure on the technical front. Everyone is waiting for tomorrow's CPI, and structural opportunities are brewing.

🔥 Market Hotspots to Watch:

1️⃣ Ethereum just broke $3000, with a noticeably lagging increase; a rebound could start at any moment;

2️⃣ DeFi leader AAVE surged 8%, with deposits exceeding 50 billion, and the popularity of the GHO stablecoin skyrocketing;

3️⃣ Solana is not to be outdone, as the Kenyan digital token lands on the SOL chain, with SOL rising over 8% within the day. On-chain meme $useless hits a new historical high again. Hot money is already moving; opportunities are up for grabs.

4️⃣ Pump's token launch directly reached a market cap of 5.5 billion; Plasma public chain is set to launch on the 17th, benchmarking against TRX;

5️⃣ The Trump family's new project WLFI is also coming soon.

#CPI数据来袭