Market Analysis:
Last night's CPI was a big positive, but it had no effect on the stock market's downward trend, and it almost triggered a circuit breaker. The underlying reason is still due to tariffs, and now the market is generally worried that the US economy may face recession. Panic emotions are running high, while we see that the 30-year US Treasury yield is rising, and gold has also shown a surge.
Bitcoin is currently in a grinding and fluctuating trend. If there are no significant events to stimulate it in the short term, it is unlikely to break through new highs. So we need to plan our operations in advance: don’t expect a big rise in the short term, control your positions well, and patiently wait for key nodes in the second half of the year—this is the rhythm we have been reminding you about since the beginning of the year, remember!
$BTC
1H breakout failed and retested an invalid support. Draw a door and pour to the second support rebound of the rapid test point. The larger market background is in a fluctuating downward range, and the more favorable trading direction is to short at a high point. Next, we will focus on two potential bearish entry intervals.
Remember I mentioned the two-day rule: after data is released, whether good or bad, if there’s no reaction on the same day and it moves in the opposite direction, it will be corrected the next day or the third day. Will it be the same this time? Let’s wait and see tonight.
$BTC $ETH $SOL are moving exactly the same, fully rebounding; the bulls will never be enslaved!
On the altcoin level
Aside from a few strong leaders, there really isn't much to buy in the short term. If you can't catch anything, just sit back and wait for the market's confidence to fully recover before participating. The most important thing is to stay alive.
Today's recommended gold dog:
$FARTCOIN is currently the largest by trading volume on the SOL chain, with a 24-hour trading volume of $16.08M and a market cap of $867.23M. I mentioned this coin a long time ago; it's very strong.
$PAXG Golden asset in chaotic times, hitting a new high. What is a quality asset? Trading volume increase from January 20 to now is 900%, with a current circulating market value of $720 million.
$HYPE is currently priced at $15.07, with a 24H increase of 11.29% and a 24H transaction volume of $14.39 million. Over the past week, HYPE has increased by 21.5%. If the current upward momentum continues, HYPE is likely to challenge the resistance level of $14.77, and after breaking through, will look further at $17.33 or even $21.
$ONDO triggered a weekly oversold signal, positioned just in the area of the previous low in the price pattern. The last time it was weekly oversold, it consolidated for 49 days and then traded sideways for another 42 days—almost 3 months before it truly started a trend. So now you know it’s 'oversold,' that’s enough; it doesn’t mean you should immediately go all in. If there is a market, it won’t matter for a few candlesticks.
Whether to trade short or trend, this is not only a strategy choice, but also a 'life adaptation problem':
You work from 9 to 5 every day, have no time to watch the market during the day, yet always want to catch a few short-term fluctuations. In the end, you’ll just be led by the market, exhausted and not making any money; conversely, you clearly want to make trend investments, yet you can’t help but check the market from time to time, and you panic after holding a position for just two days. This is actually consuming yourself with short-term anxiety.
When trading gets stuck, don’t rush to doubt the strategy—perhaps it’s just that the trading cycle you chose does not 'match' your life rhythm.
The trading method that truly suits you must fit into your daily rhythm: if you’re busy with work, choose trend holding; if you have time to watch the market, then play short. Don't let trading disrupt your life rhythm.
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