Today's hot topic across the network is undoubtedly OKB, but unfortunately, I don't hold any. OKX announced: 'A total of 65,256,712.097 OKB from historical buybacks and reserves will be permanently destroyed, fixing the total issuance at 21 million.' Once the news broke, OKB skyrocketed from over $40 to $140, tripling in a day. This is the speed of the crypto circle—just a blink of an eye, and the market can leave people astonished. As a result, other platform tokens also rose together, but I was merely observing and missed out, which is regrettable.
The surge of OKB has driven overall market sentiment, and ETH has also started to rise as expected. There is now less than $200 left to the previous historical high of $4868. The 'E Guardians' have finally awaited their moment to shine. My small ETH account balance has reached a new high, and some friends who have held ETH for three whole years are finally able to cash out. Those who did not fall before dawn are the real winners.
In the crypto world, during a downturn, prices can drop to the point where you question life, but an uptrend can happen in just a few days, making it hard for those who sell to keep up. ETH is about to break through its previous high, and BTC is also returning to the $120,000 level. The curtain on the bull market in the second half of 2025 may have already been quietly lifted.
On social media, many people have begun to shout that the altcoin market is coming. But the reality is that most altcoins still can't keep up with BTC, and they come with the risk of going to zero. Without the insight to choose the right targets, sticking to BTC may be the safest choice—short-term gains may be modest, but in the long run, BTC has never let down those who persist in holding.
In this round of the bull market, whether BTC can break through $150,000 is anyone's guess. Most people trading contracts end up losing; on-chain interactions incur high gas fees; and the probability of meme coins breaking into the mainstream is less than 1%. For ordinary people, spot trading is the most stable approach—though slow, when it rises, the change can be monumental. Entering the market early does not equal higher profits; being able to hold is the hard truth. Regardless of how long the bull market lasts, staying in the market gives you the chance to share in your portion of the profits.
As for the upcoming market trends, it seems everyone can see it; blindly going long might be the best choice. However, it’s worth mentioning Ethereum, as once this wave of growth is complete, funds diversifying into other altcoins is also entirely possible.
For friends who missed this round of the bull market, you can consider the following altcoins: $ENA $XRP $LINK $ADA. These are some altcoins that I relatively favor, but no one knows when this Ethereum wave will end.
At present, Bitcoin seems to be nearing its short-term peak. Previously, Bitcoin broke through its earlier highs and showed a strong upward trend, but after peaking, it experienced a series of pullbacks and is currently in a consolidation phase. This wave of market activity is also nearing its end, with ETH close to its historical high, leaving little room for further short-term gains. If Bitcoin can stabilize above $120,000, the bullish trend may continue. Major currencies are maintaining a strategy of buying on the dip, and there may be a pullback tonight. It's not advisable to heavily increase long positions; strict stop losses should be observed.
