Here it is, this time the CPI has produced a neutral result!
The CPI announced this time is slightly higher than expected, which is a bit of a cold splash, but the core CPI meets expectations, so it is considered neutral and stable. Simply put: not good enough, not bad enough, no big surprises, and it won't directly crash the market, but don't expect a surge either. The market still needs to digest it slowly.
Bitcoin (BTC) surged to 123,000 before the data release, but once the data was out, it fell back to around 116,000, dropping 7,000 points in one go; ETH also fell from 3083 to 2930, but overall it still maintained high-level fluctuations.
The direct trigger for this pullback was actually a large holder who hadn't moved for 14 years suddenly becoming active. On-chain data shows that this OG whale transferred out nearly 40,000 BTC (about 5 billion), which went to Galaxy's OTC wallet, and part of the BTC even entered exchanges, causing market panic.
To be honest, I was initially worried that the CPI would have a big negative impact, but now it seems that this wave of whales 'crashing the market' has released the risk in advance, and the opportunity for low buying has come again!
Technical analysis: normal correction after a rise
#BTC From a daily perspective, there was a clear upper shadow yesterday, and then it began to fluctuate and pull back, testing the support of the 7-day moving average. If the short-term does not break, the pullback is actually to build strength for the next wave.
#ETH is oscillating around 3000, with bulls still dominating the situation. MACD maintains a golden cross, and the overall trend is healthy; not breaking is a good sign.
Conclusion: This wave is a healthy adjustment, not a reversal.
As for altcoins: this round of altcoin market is already different from the past. Back in 2015, altcoins were true 'copies'; most were just modifications of Bitcoin parameters to launch chains; later, during the ICO era, everyone gathered around Ethereum to create platforms, compete on performance, and roll out security; by 2021, DeFi, stablecoins, and lending protocols flourished, and TVL became a new metric. That was a bull market for altcoins where both retail and institutions could make money.
But now? The narrative has changed—the innovation in agreements has basically peaked, and the landscape of public chains has stabilized. It's very difficult for new projects to start from scratch.
Currently, market funds are only chasing two extremes:
✅ Either top memes (#trump, #pump, #bonk, #fartcoin);
✅ Or extreme applications (like #JTO, #ENA, #ONDO, #ETHFI).
Old coins that are stuck in the middle and have no characteristics will be eliminated if they don't transform. The survival rule for the future is: bind to the narrative of US stocks/ETFs/institutions, or have products + a closed traffic loop.
So now, the strategy for investing in altcoins is: either top meme coins or top application coins. If you don't want to take risks, then just hold Bitcoin honestly, and being fully in BTC will never be wrong.
Just to add: I bought a bit more #PEPE today. #SUI's trend is also very strong, waiting for its pullback to make a move! According to the bull market rhythm, there may only be three months left for altcoins to take off. This adjustment must be seized, and once on board, be ready to lock in. Keep pace and charge ahead.
Rhythm judgment: August is a good opportunity for pullback; October is a golden breakout point.
Now many people are waiting for a 'pullback to get on board', but the market never moves according to emotions. In a bull market, if you don't understand the rise, don't short; missing once might really leave you behind.
My personal rhythm is: complete building positions before the end of August, focusing on the October market.
Why choose August?
Over the past five years, the average return in July is close to +10%, but August and September are relatively weak, making it an ideal window for increasing positions; October and November are the two months with the strongest historical performance in the crypto market, with October being dubbed 'Uptober', with an average increase of over 20%.
Looking back at the market trend during Trump's time in 2018, will we see a replay this time?
This wave of market summary:
BTC/ETH continues the low-buy strategy, and pullbacks are opportunities;
Focus on altcoins with ETF narratives like SOL, XRP, DOGE;
Control the pace of building positions, do not chase highs, and enter in batches;
If you don't want to be too fussy,regularly investing in BTC is always the right choice..
During the bull market, don't be frightened by temporary fluctuations. The hardest part isn't making huge profits, but holding on.
Now is the time to test vision and layout. Let's go for it together!
That's it for the article! If you are confused in the crypto circle, consider working with me to layout and harvest from the market makers!