As of July 2024, the trends of the virtual currency market (such as BTC, ETH, SOL, etc.) are influenced by various factors, including the macroeconomic environment, regulatory policies, technological developments, and market sentiment. The virtual currency market is highly volatile, and investment should be approached with caution.

1. Bitcoin (BTC)

Long-term trend: Bitcoin, as the largest cryptocurrency by market capitalization, is often seen as a barometer of the market. Its long-term value is closely watched by institutional investors and mainstream financial markets, especially during periods of rising inflation expectations, where Bitcoin is often viewed as 'digital gold'.

Short-term trend: In the short term, Bitcoin's price may be affected by macroeconomic data (such as Federal Reserve interest rate decisions and inflation data). If market risk appetite increases, Bitcoin may rebound; conversely, if market risk aversion rises, Bitcoin may come under pressure.

Operational advice: Long-term investors may consider accumulating during dips, while short-term investors should pay attention to market sentiment and technical indicators (such as support and resistance levels).

2. Ethereum (ETH)

Long-term trend: Ethereum, as the main platform for smart contracts and decentralized applications (DApps), has its value closely tied to the activity level of its ecosystem. With the advancement of the Ethereum 2.0 upgrade, network efficiency and scalability are expected to improve, potentially further driving the demand for ETH.

Short-term trend: In the short term, ETH's price may be influenced by the activity level in the DeFi and NFT markets. If market sentiment improves, ETH may follow Bitcoin's rebound.

Operational advice: Long-term investors should pay attention to the development of the Ethereum ecosystem, while short-term investors need to monitor market sentiment and on-chain data (such as Gas fees and transaction volume).

3. Solana (SOL)

Long-term trend: Solana is known for its high throughput and low transaction fees, attracting a large number of developers and projects. If Solana can continue to expand its ecosystem and maintain its technological advantages, the long-term outlook for SOL is promising.

Short-term trend: In the short term, SOL's price may be influenced by overall market sentiment and the progress of ecosystem projects. If market risk appetite rises, SOL may perform better.

Operational advice: Long-term investors should focus on the development of the Solana ecosystem, while short-term investors need to keep an eye on market sentiment and technical indicators.

Next, buy the dips and hold, still optimistic about BTC, ETH, and SOL$BTC $ETH $SOL