Core PCE index on Wednesday night, along with unemployment rate and non-farm payroll data on Friday, the PCE data is currently predicted to be quite optimistic due to the drop in prices of oil and other bulk commodities.
This week is destined for increased volatility, let's see if the market can finally find its direction. The time for both bulls and bears to call each other fools has come again.
$BTC
Yesterday, the ETF showed an outflow state with 380 million inflow on the 25th and 380 million outflow on the 28th, causing last night's decline. Subsequently, bulls quickly regrouped to push the price back to before the drop, with strong resistance at 95500, where many large sell orders are placed.
The CVD of the 4-hour contract continues to rise, driven by contract users, with shorts being closed and longs continuously buying.
If the current trend continues, there is a high possibility of breaking above 95500 to prices above 96000, clearing nearly 1 billion liquidity from airdrops before falling down.
$ETH
ETH ETF saw a net inflow of about $64 million yesterday, which is rare as it has been in a net inflow state for three consecutive working days.
Combined with the fact that ETH has indeed been quite strong recently, is ETH about to take off again?
Currently, there are quite a few leading coins in the market, and funds are relatively dispersed:
This wave of market has only risen for 3-5 days, even the leading coins have only increased by a little over double, like #VIRTUAL, #TURBO, #WLD, while others have only seen around 50%.
Apart from AI, MEME, and LGameFi sectors, most coins haven't really increased.
This wave is likely a short-term pullback, laying the foundation for higher rises later.
The AI sector continues to heat up, hoping that those holding AI sector coins can all make a fortune.
1- Decentralized GPU
Render Network (RNDR) provides AI training computing power, with broad prospects for AI development.
2- AI Artificial Intelligence projects:
getgrass_io (GRASS) shows significant potential in the DePIN and AI data fields.
3- AI Infrastructure
Fetch.ai (FET) is promoting AI applications in the Cosmos ecosystem, with great development potential.
4- AI Agent
ai16zeliza (AI16z) stimulated by the news of being listed on Bithumb, expanded its 24-hour increase to 29%.
5- AI Infrastructure
Vanarchain (VANRY) focuses on decentralized L1 for artificial intelligence, payment finance, and real-world brand adoption.
Hehe recommends wealth coins that have been performing well recently:
1/$Sei
$Sei Trump concept, L1 concept, recently exploring the direction of healthcare data, Canary registered to support staking Sei's ETF, USDT0 launched on Sei0 network.
Trump is also continuously buying Sei, the latest cost is 0.158, which can be understood as 0.13 being the bottom area this time. Currently, 0.21 is not high, and there is a high probability of continued growth, especially with such positive news and the ETF likely to pass.
2/$LAYER: Solayer
Layer shows a clear bullish trend on the 4-hour chart, with the current price strongly breaking through the $3 mark, far exceeding short and medium-term moving averages, and the Bollinger band is opening upwards, indicating strong bullish momentum.
However, the TD sequence shows a continuous '9' signal, coupled with a price break above the Bollinger upper band, indicating potential overbought risks and pullback pressure in the short term.
From a trading perspective, holders can continue to hold with the trend and use EMA(7) as a profit-taking reference;
Those holding no positions should avoid blindly chasing highs and can wait for the price to pull back to the 2.80~2.90 area before making a move.
The overall strategy is mainly to go long with the trend, paying attention to short-term pullback rhythms and managing risks.
3/$SIREN
The rise these past two days may be a test conducted by the market in conjunction with official iterations.
The redesign on the official website can basically indicate that the AI ecosystem based on SIREN is about to launch.
SIREN is not like other memes, which just harvest and leave.
Previously in the Binance voting ranking, the project was quite high up, although it hasn't been listed on Binance spot yet, which is a bit regrettable.
But the project is still progressing and has also received a $600,000 reward from the Binance trading competition. This rally to 0.08 followed by a pullback may be the market testing. If positive news continues to be released, the market may continue to move.
Finally:
Hehe wishes everyone to get rich soon!
