Has the danger of Bitcoin been lifted? Is it time to go long across the board? Let’s take a look with Shiguang!
BTC has finally reached this CME gap, with a false breakdown to lure shorts, and hitting the stop-loss of the bulls, completing a handover; today it has risen to 117800. So what should be the next step?
From the pattern, Bitcoin is likely following an AMD model; the previous movements have all validated our previous analysis. If this model continues, it will rise to around 120,000 in the green zone in the chart. We have already profited from this rebound, and if we want to re-enter, we can look for a pullback, such as entering around 116600.
The only imperfection is that the CME gap has not been fully filled, missing just a little, so caution is still necessary. We went long on Sol at 176, and it has successfully reached 186 today; I’m very satisfied; taking some profits is fine, or we can hold on for a second target of 192.
Altcoin
XRP
In terms of market rhythm, SOL is expected to surge first and then pull back to confirm support, with the target pullback level around 2.7 (near the adjusted platform support). Once support is confirmed as effective, it is expected to continue to rise, forming a wave-like upward structure. The current trend is merely setting the stage for significant positive news in August; the real main upward wave may still be ahead.
Previously, I chose to take profits near 170 dollars, and recently I re-entered around 150. This wave of holdings must not be easily given up. The next target must be at least 500 dollars; this is still a very worthwhile medium to long-term opportunity.
SUI
SUI is about to approach the 4 dollar mark again — as one of the strongest performing coins in the last two years, it’s worth paying close attention to as it reclaims this key position.
If this round can successfully break the 4.2 dollar resistance, it is expected to experience a similar 'straight line surge' market like ETH. Currently, it looks like momentum and consolidation are basically in place, and the rhythm has entered a crucial stage.
Don’t underestimate these altcoins that have been dormant at the bottom for a long time; once they start, the gains can be astonishing. In the coming period, I suggest paying attention to those small-cap currencies that haven’t taken off yet; they might be the vanguard of the next wave of the market.
Once the market stabilizes, the next hotspot is likely to be the RWA sector!
There are many RWA tokens, and it’s impossible to keep an eye on them all; just look at the leading MKR and ONDO, which have a too large market cap, suitable for stable allocation of large funds.
The three I’m keeping an eye on long-term are actually RSR, SYRUP, and CFG, for a few reasons:
1. They are all listed on major platforms like Binance and OK, with sufficient liquidity. The platforms have screened them, ensuring they are at least not shell projects.
2. The market cap is not high, and before it rises, it is under 1 billion, with sufficient liquidity; it’s not one of those super small caps.
3. These projects are still continuously 'working'. How to judge? It's simple; check the frequency of updates on their official website, Twitter, and Telegram, and see if there have been continuous submissions on GitHub. There’s no need to deeply analyze the code details or product prospects; we are not major funds and don’t need to be that professional.
Continuously working, reasonable market value, and listed on major platforms, these are the leading projects in the same track. These indicators are enough. After all, in the crypto market, even meme coins can be traded for hundreds of billions in market value; who knows when a small-cap project with application scenarios might also rise high.
This doesn’t mean they will definitely succeed, but from a risk-return perspective, it's quite appropriate as a part of the asset portfolio for 'speculation.'
For large funds, just choose ONDO and MKR.
By the way, SYRUP has risen too sharply recently; it may pull back in the short term. It’s safer to consider buying below 0.5.
Why do I say the BSC market is really about to arrive?
1. $BNB breaks historical highs.
2. $Totakeke should be the only MEME coin that has risen from the bottom since $MUBARAK in March; it has a real community and development.
It's also one of the few tokens on BSC that allows early retail investors to make money. This wave of surges is clearly driven by large funds, and the heat is gradually picking up. The target should also be to list on BN's contract and even spot.
Previously mentioned $BNB hitting new highs and strongly correcting, there will definitely be substantial gains on-chain. After Big Brother liked it that day, I directly bought 10 BNB at 15; the current target can see over 30 million. Let’s work together to build the community!
Conflicts of interest; I hold some coins, and my butt decides my head. I must start leading the recommendations!
3. I bought a launched founder this morning (Binance style series, can be creatively reworked) because I will buy any meme successfully launched by four at 0.1-0.2B.
Was recommended by a group friend, CX, bought some $KNET at 7 million!
Recently, the new PVP projects on the chain are incredibly difficult to profit from, with prices rising to millions during the day and falling back to hundreds of thousands at night. Moreover, there are no concentrated hotspots; the capital is scattered and has local liquidity, making it hard to generate significant profits.
I have been changing strategies these days, looking for some stable old dog projects in good communities, seeking stability rather than multiples. Today, a group friend, CX, recommended KENT, which looks good, so I bought some.
You don’t need much introduction for Kaiying Network; it’s a publicly listed company on A-shares. Kingnet_AI is working on a gaming AI modeling framework. AI in the meme sector is inherently a long-term narrative, and as long as there are new technologies, there will always be interest. However, many projects that only talk concepts without technology have tarnished the reputation. KNET at least doesn't have issues with false technology.
Furthermore, although this project opened high and then declined, its market value has stabilized around 5 million. According to the official Twitter, the project team seems to have not met expectations with their launch on believeapp, but they are continuously building and collaborating with major companies like BNBCHAIN, ton_blockchain, and Conflux_Network, choosing a multi-chain development strategy.
The token surged to 25 million when it opened in May, followed by a decline, consolidating in the million range. Currently, six to seven million is also the bottom of the consolidation range, which is a good time to accumulate. If it really takes off in this context, a market value of over 100 million is not considered high.
$AI
On the 23rd, I noticed unusual data movements, with an address from a conspiracy group buying in, following in with 200k.
Sold around 600k and then retraced to 200k.
I always remember what a friend who is familiar with many cabal teams told me: Conspiracy projects abandon once there are too many retail investors on board and pull hard when there are few. Before he told me, I thought this conclusion was just a retail speculation, but after he said it, it became a solid proof.
Good coins, narratives, and manipulators are complementary during the main upward wave. If the market is left with only conspiracies, it will greatly compress the ceiling.
$PHY
DePHY's token $PHY just went live on Binance Alpha, and compared to several predecessors, its market value is greatly underestimated. Once the selling pressure from Alpha ends and stabilizes, it can be a good opportunity. Given the expectations in Korea, it will definitely surge, worth laying out.
Do you remember the DePIN track that exploded in the Solana ecosystem? $Grass, $HNT, $IOTA, etc. have all multiplied! But most of their projects only completed the first step of 'putting devices on-chain.' What about next? How does data turn into money? How can I prove that the yield rights of the equipment are mine? Who determines how much this thing is worth?
DePHY is great because it directly solves the next few steps! After the equipment is on-chain, it instantaneously issues 'yield rights NFTs' and can use oracles for real-time pricing! It’s like turning 'mining machines' into 'financial assets' that can be freely bought, sold, mortgaged, and earn interest on-chain! The more than 30,000 nodes have been tested to respond incredibly fast; this is the hardcore infrastructure needed in the AI era!
$Home
I recommend a new coin for spot; I see that new coins are more active in the market today. I have been observing this coin for a few days: $home around 0.030 for the first position and 0.028 for the second position. If it surges, it may hit a new high; the previous trial buying has not dropped and has turned into support.
Emphasizing again, do not use my points to trade contracts. Always asking questions, if you become a gambling dog, you must have this awareness; being stuck or blown up is normal. Additionally, for spot trading, stick to Binance.
Someone left me a message yesterday saying that the $TAG in their hands was listed on Binance contracts, but it plummeted. The funny thing is, when I saw it, $TAG had already rebounded above the price when it got listed on contracts, and even almost reached ATH.
I have written a few times about TaggerAI; like SaharaLabsAI, they are also working in the AI data labeling sector, but Tagger is focusing on BNBCHAINZH and has cleverly formed a collaboration with worldlibertyfi.
If $EGL1 is the meme of USD1, and $Liberty is the charity of USD1, a very memorable concept for Tagger might be the AI of USD1? 😂😂
At least it was officially announced some time ago that data labeling would partially use USD1 for settlement. Furthermore, future Web 2 orders will also use USD1 for settlement. This adds a strong B2B (Enterprise business model settlement) application scenario for USD1.
Currently, there has been no significant change in holdings on BSC. Before worldlibertyfi gains momentum and USD1 heats up, I will continue to hold $B, $EGL1, $Liberty, and $TAG firmly.
