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The expected trend of BTC's speculation on altcoins is my prediction. I believe that BTC is making a top, and the expectation won't be too high—between 128,000 to 135,000. Above 128,000, I won't take any long positions on BTC. In the event of BTC's craziness, assuming it follows the rhythm of various big players and institutions, combined with market sentiment where everyone goes mad, we cannot rule out reaching around 135,000 and 156,000. We are not interested in BTC being higher; we will clear all BTC spot positions.
ETH is likely to experience a good one-sided trend, and breaking the new high of 2020 is highly probable. Doubling is about the high of 9000 USD, and we won't look any higher.
Altcoins will start to move; quality altcoins will have good opportunities until March next year, but you need to pick the right coins, as some altcoins may gradually go to zero or symbolize fake pump-and-dumps. However, there will still be quality altcoins that can experience impressive tenfold or even higher trends.
The ETH bull market may break 5000! Four mainstream altcoins are expected to increase by 50-100 times!
ADA
Currently, it has exited the downtrend. The large-scale descending convergence triangle may actually be a reversal point. The key area ahead is the critical level of 0.9. If it can touch this level, ADA has a good chance to make a significant reversal.
ENS
Today's increase is decent, with a bullish candlestick. Like SUI, it serves as a long-term altcoin. So far, it looks promising. ENS is a coin I am very optimistic about and is also one of my long-term holdings. I started buying around 10 USD. This coin should be looked at not just for its technical value but also for the strong manipulation by its stakeholders. If you have it, hold on to it; my target for this coin is 50+.
COW
It has made it to the rise rankings; today's increase is decent. At that time, someone asked me what the logic was for buying this coin. The COWswap protocol is basically used by large holders to buy coins, like Vitalik Buterin and Trump's team, who generally use COWswap for on-chain purchases. It still has a certain use case, and as long as people use it, it has value.
SUI
At least one high-performance public chain will break through. The blockchain needs a truly high-performance public chain that is secure, efficient, and has low interaction costs, solving various interaction needs through one chain. The demand has always existed, and such a chain will certainly have the opportunity to emerge. I have always been optimistic about SUI.
SOL
SOL has been quite strong recently, and the price is approaching 165 USD, with a good chance of reaching 200 USD. I think the possibility is quite high. The main positives are substantial: technological upgrades, faster and more stable network; more institutional collaborations, and the U.S. has launched a SOL ETF, all of which boost market confidence. The most crucial point is that in the second quarter of this year, its revenue surpassed that of Ethereum and TRON, indicating that the ecosystem is indeed expanding. SOL's current trend is upward and deserves close attention.
