Market trend
The cryptocurrency market has shown a volatile trend recently, with Bitcoin fluctuating in the $112,000-$115,000 range, while Ethereum rebounded above $4,300 after holding the $4,100 support. Market sentiment is neutral (fear and greed index at 50), institutional fund inflows have slowed but not reversed, and expectations of Fed policy (82% chance of a rate cut in September) and stablecoin regulatory progress are key variables. Ethereum's staking queue is stabilizing, and large whale ETH long positions ($295 million) indicate bullish signals. The expectation for offshore RMB stablecoins is heating up, with Hong Kong potentially becoming a major testing ground. Overall, the market is in the mid-bull phase, with short-term attention needed on Powell's speech and ETF fund flows.
Mainstream coins
$BTC
Recent trends show short-term pullback pressure, but the $112,000 support is solid. Institutional large purchases by groups like Ming Shing Group and LBTC liquidity innovations driven by Lombard may bring long-term value support. If key levels are held, a rebound is expected. Monitor Fed policy changes and market sentiment shifts.
$ETH
Recent signs show strength, with large whale purchases and record high futures trading volumes indicating strong institutional interest. Key support is in the $4060-$4107 range, and breaking above $4380 could open up new highs. Short-term pullbacks present buying opportunities, but caution is needed for volatility due to macro uncertainty.
$SOL
Recently, there have been frequent large on-chain transfers, indicating active funds. The technical level is testing support at $177-179, with a stop-loss at $175, presenting clear short-term trading opportunities. However, beware of the risk of funds being diverted due to Meme coin speculation. SOL remains the largest holding asset on exchanges, with solid fundamentals, and still has potential after corrections.
$BNB
Recently, it has continuously broken through ATH, currently priced at $881, showing strong upward momentum. Ecosystem expansion and TVL growth support its fundamentals, with a short-term expectation of hitting $1,000. Watch for potential opportunities in BNB chain ecosystem projects like $FLOKI, $CAT, etc.
Popular coins
$LINK
Recent performance is strong, and after breaking through the $29-34 range, it may accelerate upward. The Chainlink Reserve plan and improvements in fundamentals (such as the buyback mechanism) support the bullish logic. If the market rebounds, $LINK may lead the surge. Short-term traders can look for buying opportunities on pullbacks but need to be cautious of BTC volatility risk.
$HYPE
Recent price volatility has been significant, but the fundamentals are strong. The Hyperpie ecosystem integrates staking, Launchpad, and DEX, forming a closed loop that enhances the utility of $HYPE. Large buy orders and institutional interest may drive up prices, but be cautious of unlocking pressure. Short-term bullish, target price at $50.
$SUI
Recent performance has been steady, with a 24-hour increase of 2.64%, and active ecosystem development. Momentum Finance, as a leading DEX in the Sui ecosystem, has a TVL of $1.59 billion, with low fees and high LP yields attracting capital inflows. Technically, $SUI is currently priced at $3.58, and if it breaks through the $3.6 resistance, it may accelerate upward. However, be aware of the market cap of $12.2 billion, as future unlocking pressure poses risks. In the short term, look for SUI ecosystem airdrop opportunities, while in the medium to long term, observe the actual progress of ecosystem projects.
$JU
Broke through $19 to create a new historical high, with strong ecosystem empowerment. The CookPump lossless Launchpad is online, and the community voting mechanism + zero-risk design are driving demand growth. Short-term bullish outlook, but beware of the risk of pullbacks after high enthusiasm. Key support level at $16; a drop below this would weaken the trend.
$AVAX
Recent strong fundamentals, institutional collaborations (Toyota, Grayscale) and ecosystem expansion (TVL growth of 40%) support a long-term bullish outlook. In the short term, maintenance on Binance may cause volatility, but the technicals have support at $22.8, with rebound targets of $30-37. High APY strategies (157%) offer additional profit opportunities, but liquidity management risks must be noted. Accumulate on dips.
$XLAB
Recently, it has shown strong performance with a 40-fold increase indicating market enthusiasm. As the treasury token of the X Layer ecosystem, its value support is strong. There may be a short-term pullback, but if the OKX ecosystem continues to explode, there is still upward space. Keep an eye on $OKB's trend and platform dynamics, and accumulate on dips.
$PENGU
Recent trends are similar to those before the rise in June/July, potentially welcoming a new round of increases. Fundamentally, the collaboration with Pudgy Penguins and potential Switch game development is beneficial for the ecosystem. If it breaks through previous highs, short-term opportunities are clear, but beware of the risk of a market correction.
$SAPIEN
Just launched on Kraken and Binance Alpha, with phased unlocking of airdrops raising concerns about selling pressure. The current price of $0.23 is below the estimated $0.30, and it may face pressure in the short term. However, the project raised $15.5 million, focusing on the AI data sector; if the selling ends after unlocking, a rebound may occur. Pay attention to the release rhythm of airdrops and accumulate on dips.
$BARD
As the native token of the Lombard protocol, it recently launched a community public offering on Buidlpad, with a valuation of $450 million. The rapid growth of LBTC (TVL exceeding $1 billion in 92 days) demonstrates the huge demand for Bitcoin liquidity. In the short term, the full unlocking of TGE may bring selling pressure, but if it can continue to capture Bitcoin liquidity, the potential is considerable. Monitor the situation after the opening and participate cautiously.
The above information is automatically generated by @xhunt_ai and does not constitute investment advice.