Today's Highlights

BTC market commentary is not too much, just treat it as if you don't understand, and it's better not to look at it. I've reminded you multiple times, don't trade contracts; the current price fluctuations are quite large, and the risks of trading contracts are very high. With the back-and-forth spikes, whether you're going long or short, you could end up losing, so it's best not to touch it. The current support level for Bitcoin is in the range of 102,000-98,000. Everyone should pay a little attention.

As for ETH and altcoin market trends, the second coin's market is also at a relatively critical time. The new high for the year has been broken, but the momentum is not very strong, and it hasn't directly continued to surge. Yesterday's daily line ended with a long upper wick, and today it has opened with a drop. Let's see if it will repair yesterday's upper spike. As long as it makes up for that upper spike later on, the first phase of the market will look at the historical new high. This means that while the new high for the year has been broken, it is not the end. The reason why the current price is critical is that the price around 4,000 is at a double top position on the chart, so a slight pullback in the short term is normal. If it repairs yesterday's upper spike, this double top will break, opening up upward space. Thus, during a certain trend, the altcoin market will follow the upward movement; it just depends on the overall strength of the altcoins' rise. Don’t think about five or ten times returns first; aim for a 50-100% increase, and then take some profits. Just maintain a good mindset; this is my current principle. Unless you have two long-term coins, everything else is generally the same. Keep one or two long-term positions, and it won't have a big impact.

Currently, I only have one: $PENGU . The reason is simple; it's akin to pure MEME. This IP is definitely much better than high-market-cap Solana, dog coins like Wif, or Bonk. It's been tested over four years of operation. It's already down 50% from its opening high, offering great value for money. Are we really going to see it drop to a billion market cap and be brothers with squirrels? What others abandon, I will take.