7.17 Market Trend Analysis:
Ethereum has reached the target of 3400 as expected!
This wave of market opportunities has basically completed, and we are now entering an uncertain phase. Whether Bitcoin can surge again depends on whether it can establish a new structure during this period of fluctuation; Ethereum has also reached around 3400, meeting mid-term expectations, the fifth wave is completed, and whether it extends depends on future performance. It is recommended to observe more and act less.
🔥 Market Highlights
1️⃣ Today's focus is on meme coins, $HAEDAL, $bonk, $floki, and $bome have all seen good gains, while SUSHI has hardly moved. There are rumors that TRUMP is reviving plans for a game, it is advised not to FOMO and to be cautious of unlocking risks.
2️⃣ WLFI is once again boosting Ethereum, sweeping 10 million ETH in just 11 hours, total holdings exceeding 70,000 coins; US stock SBET is linked to Ethereum's rise, SBET surged 29% last night.
3️⃣ Elon Musk-themed coins ANI/rudi/CHAD are also taking turns to surge.
4️⃣ WLFI has officially launched trading, and Trump has managed to recover from a floating loss of 1.57 billion to break even and increase his position.
Market activity is mostly at night, during the day it is basically just idling, and those who need to be deployed will eventually get their turn.
