The market rhythm has indeed not been easy these days.
The 4-hour chart of Bitcoin has already pressed down to the lower edge of the fluctuation range, with 115000 becoming the key support in the short term. If it cannot hold, it may need to retest 112000. But to be honest, I am not worried. Such short-term adjustments are just a technical wash in the larger cycle, with minimal impact on the overall trend for the second half of the year. Instead, every deep squat is a good opportunity for mid-term positioning in leading projects.
I am now very clear: #BTC, #ETH have dropped, so I will buy more until I feel calm inside. As for altcoins, I still need to pick projects that have clear logic, funding attention, and a foundational position, and I cannot just blindly buy the dip.
Altcoin season is heating up: is it time to go all in?
Altcoins have indeed been a bit restless lately, with several old faces making a comeback. But to say that 'altcoin season' has really arrived? I think it still needs some time.
The real altcoin season requires three conditions: a decline in Bitcoin's dominance, a clear flow of funds into altcoins, and a comprehensive rise in market sentiment. Right now, these three are only showing slight fluctuations, at most counting as a 'rehearsal.' The activity on-chain, the pace of new listings on mainstream exchanges, as well as some altcoin ETFs and memecoins' breakout points are all worth continuous attention in the future.
As for my own operation, I am still cautiously testing the waters, waiting for BTC to confirm stability before making a bold attack.
ETF data doesn't lie: the funds are speaking, don’t just look at the price.
Although BTC, ETH, and SOL have seen price corrections these days, the inflow of ETF funds has not stopped at all:
ETH spot ETFs saw a net inflow of $231 million in a single day;
SOL ETFs also recorded a net inflow of $13.4 million.
This indicates that even though prices are falling, the main funds have not exited the market but are instead increasing their positions amid market panic, showing that confidence in the bull market is far from lost. Often, this combination of 'decline + inflow' is a prelude to smart money entering the market.
Looking at the current market, it is highly likely that we will see a real 'window for takeoff' after a clean-up around August and September. Spot players can slowly position themselves during the fluctuation period.
TRON is ringing the bell, Injective is launching tokens, and the blockchain space is not lacking in excitement.
#TRON has rung the bell on NASDAQ; this is not just a glory for their team but a step for the entire industry toward a compliant financial system. For users, stricter regulations mean safer assets; for the entire crypto circle, this is a positive expression of 'mainstreaming.'
Meanwhile, #Injective has also been busy, tokenizing SharpLink's stocks on-chain and creating a combination of 'Ethereum reserve tracking + RWA token treasury.' The biggest highlight of such projects is bridging traditional assets and on-chain finance, which should not be underestimated in terms of future potential.
XRP: Is it a dead cat bounce, or a resilient rebound?
#XRP experienced a roller coaster yesterday, dropping to a low of $2.96 before quickly bouncing back to $3.11. To be honest, this kind of trend looks both like a rebound and a trap.
From a technical perspective, XRP's RSI is neutral but leaning strong, MACD is narrowing but not dead crossing, and the price is above the 20-day line, but the volume is insufficient, showing an overall trend of fluctuation and rebound. Support is first seen at 2.90, with resistance at 3.27 and 3.66; a breakthrough is needed to explore new highs.
On the fundamental side, the number of XRP wallets has surpassed 7.2 million, and ecological participation is increasing. However, recent frequent scam incidents have raised market concerns.
In the short term, I suggest treating it as a high-volatility asset, mainly selling high and buying low. For the long term, if it can stabilize around 3.27, there is a chance to continue upward.
Let's take a look at on-chain MEME:
A while ago, old Ma's AI trio shouldn't wait anymore; the upside is limited even if they push further.
#ANI surged a couple of days ago but didn't break the previous high, and the hype is fading quickly. Although it is still the top dog in promotion, liquidity has shrunk too fast, and the promotional effect is getting worse. There are too many tokens, and the quality is lagging. I started to reduce my position when the daily line changed yesterday, and I suggest those holding $ANI, #RUDI, #VAL can take advantage of the rebound to sell. The next hot spot will definitely be more appealing than these old tokens; don’t hold onto your beliefs waiting for a billion market cap.
The article ends here! If you are confused in the crypto world, consider working with me to layout and harvest from the market makers!
