The market these days can be summed up in one sentence: Ethereum is exploding, the bull market is truly back!
Bitcoin is still lingering around 120,000, but its market share has dropped to 58%. Capital is flowing into ETH and various altcoins. Don't be fooled by the market's high-level consolidation; hot money has already rushed in. This round belongs to ETH, and it's also a shining moment for retail investors.
ETH is soaring, bull market confirmed
ETH surged from 2110 all the way to 3650; who remembers it once consolidated around 1800 until nearly falling asleep? Don't say we didn't remind you, expectations for the Ethereum ETF have just been ignited, and funds have started to rush in. Tether issued another 2 billion USDT last night, and the Federal Reserve may cut interest rates in July, causing market sentiment to explode on the spot.
This round of the market is very healthy, with ETH leading and SOL, BNB, XRP, TRX following. Especially TRX, which rises slowly but steadily, never looks back—it's the most typical endurance player.
ETH is truly the king this time; everything from technology to fundamentals to sentiment is aligning perfectly. Those who can hold are now laughing madly. What is truly scarce in the crypto world is never luck, but persistence.
#xrp : Strong surge, breaking the historical high of 3.66, firmly securing the third place in crypto market cap! Behind this surge, one reason is the passage of the (CLARITY Act), which clarifies XRP's legal status; the second is the long-standing lawsuit with the SEC is finally expected to be settled, with both parties submitting a compensation agreement.
With clear policies and the elimination of bad news, Ripple has really taken off this time.
#DOGE : Dogecoin has finally moved! Currently, the price is approaching 0.25 USD. If it successfully breaks through the 0.25 barrier, there is hope for a 300% increase, and the voices challenging $1 are back. From a technical perspective, DOGE is forming a typical double bottom reversal, and the outlook is bullish.
At the same time, the Singapore company Bit Origin is raising $500 million to establish a Dogecoin corporate reserve. Following MicroStrategy, corporate accumulation of coins is becoming a trend. This wave of Dogecoin should not be underestimated.
#sushi : I've held it for almost two months, and it's finally confirmed; my SUSHI has moved! Oh yeah! In an article on May 20, I predicted this market wave. Congratulations to those who have made it to shore 👉🏼 Is $110,000 Bitcoin on the way? The stablecoin bill is about to land; who is the next breakout point? AI + DeFi can ride another wave!
Total market cap breaks 4 trillion, who will be the next windfall?
Last night, the total crypto market cap surpassed 4 trillion dollars, and we are once again at a historical moment.
The last time off-exchange funds FOMO was due to the BTC ETF; this time it's the ETH ETF. Who do you think will be the next windfall?
What I favor is a type of person—those willing to invest in strong players and dare to take action on-chain.
On-chain opportunities are here, don't blink!
Not only has the secondary market gone crazy, but the on-chain activity is heating up as well. DeFi, GameFi, and Meme are all rebounding. The US Congress has passed three bills in one go, especially the GENIUS Act, which clearly regulates stablecoin supervision. This means: more compliant liquidity is gathering towards DeFi!
If certainty increases around stablecoins, then the upcoming on-chain play will become more diversified, especially projects related to lending, synthetic assets, and oracle types, which will welcome a new explosion period.
Let's talk about today's market thoughts:
$UNI was thought to be dead yesterday, but today it surged back up, continuing to be on the watchlist; this kind of strong turnaround is very suitable for swing trading.
Yesterday afternoon I was trading $BONK all day, and my experience is: as long as you run fast enough, the whales can't catch you. But honestly, it's too tiring, it's better to slowly select quality B coins to trade back and forth.
On BSC, I am still watching a few old coins: $U, $EGL1, $UPTOP, $JAGER. Everyone is chasing the new coins that Musk has recently called out too aggressively.
Next, focus on the ETH ecosystem and DeFi sector.
Summary: Friends who missed out, don't rush to buy in, and don't chase prices blindly. Choose the right track, focus on strong sectors, and keep the right rhythm—this market trend is your chance to change your fate. Avoid impatience!
That's it for this article! If you are confused in the crypto world, consider joining me in laying out strategies and harvesting from the whales!
