This wave of decline seems like a crash, but it also brings opportunities.
To be honest, this crash in Bitcoin has instead sent the altcoins back to their starting points, structurally resetting the costs. Compared to the previous 20 days of sideways trading, this kind of large volatility is actually our shining moment. Oscillation and pullbacks are painful, but the bottom area has already appeared; if BTC can rise again, the altcoins will naturally follow.
BTC: As long as it stays above 114000, there is still something to watch.
Currently, #BTC is in a fluctuating rebound structure, with slight pullbacks but no breakdown; the daily line is still oscillating above the trend line. If it can stabilize above 114000 in the short term, the next step will be to look at the 115000~116000 range.
In this wave of macro shocks, the core issue is that Trump may want to create a 'manufactured recession' to force the Federal Reserve to cut interest rates; the market currently predicts an 85% probability of a rate cut in September. If this really happens, September will be a turning point for policy.
ETH: It's not retail investors driving it up, but financial giants are buying it up.
#Ethereum just reclaimed 3500, and the rebound is very decisive. This wave is not driven by retail investors; Wall Street has come into play—The White House and SEC are jointly pushing for clarity in crypto regulation, and ETH has become the default 'first entry into blockchain' in the financial circle.
Not only the cornerstone of DeFi, but also the public chain for asset issuance under the #RWA narrative. Traditional financial giants like Goldman Sachs and Morgan have already tested landing products on ETH.
Currently, the proportion of institutions holding BTC is much higher than that of ETH, which means there is still a lot of room for ETH's institutional allocation. If this round is the starting point for a major rally, then 3500 is really not expensive.
The market is likely to experience a wave of washing out; the essence of oscillating pullbacks is to wash out floating positions. The real market always appears when you want to give up the most.
So, hold onto ETH firmly, don't get off easily.
Regarding altcoins: stop fantasizing about some 'altcoin bull market'; the current altcoins are more like the stock market.
Valuable projects will rise along with mainstream coins, while worthless ones will just keep cutting people. Don't tell stories about a coin that sells air; it won't wait for you. The rotation in the altcoin market is becoming as complex as the stock market, relying not on fantasies, but on capital, structure, and chip games.
This wave of cryptocurrency stocks also plunged together: COIN fell by 16.7%, #MSTR, #CRCL, and others all dropped significantly, with some stocks falling even more than the cryptocurrencies themselves. The current cryptocurrency stocks are almost equivalent to leveraged altcoins.
Today's hot coin tracking: Old Ma's direction is clear, Meme is heating up.
1.#ANI / $valentine / $rubi: Old Ma personally opened an account, posting daily, accompanied by images, with Meme attributes fully loaded, directly surging 50% over the weekend. This main line can be focused on for short-term trading.
2.#imagine: Currently, it has not yet produced a leading token, but it has the highest heat; continue to pay attention to the P market trends.
3.#pump, #bonk, $m, $kta, $ena and some other coins are still oscillating within the structure, among which #ENA is currently close to the upper boundary of the 4H descending channel; if it breaks out with volume, it can be seen as a strong signal, so keep an eye on it.
4.#newt doubled last month
@Afterwards, I predicted it would follow the Fw pattern; last month's trend looked like it was building a left shoulder, and now it is expected to open the right shoulder market, with the 0.3-0.33 range being a good accumulation point!
Summary: The current logic of ETH is not about 'will it rise', but rather 'the value and pricing are still far from matching'. Will you miss the opportunity of ETH at $3500 like you missed BTC at $25000 two years ago?
History may not repeat itself, but it is remarkably similar. What you really need to clarify is not whether it will go up or down, but: where did you lose? Why did you miss out again? Do you have your own logic and rhythm?
Don't let short-term fluctuations and FUD news interfere with your judgment of long-term trends.
This reshuffling is just to get you off the bus.
Hold onto ETH firmly, maintain your judgment; the ticket to the bull market will not be given to those who hesitate.
That's all for this article! If you're confused in the crypto circle, consider working with me to layout and harvest from the market makers!
