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The liquidation of concentrated longs at 102,000 BTC last week has been completed. Over the weekend, it experienced a wide range of fluctuations due to insufficient liquidity, and we may need to wait another night for a direction to emerge. The overall exchange liquidation chart highlights two key points: the concentrated area for shorts at 107,700 and for longs at 102,700. The Hyperliquid liquidation map also shows 809 BTC waiting to be liquidated at the 108,000 position, while there are 451 BTC waiting to be liquidated at 103,500 below. Overall trends point toward a rise first and then a drop. Although there has been significant price fluctuation in the last 24 hours, the turnover has actually decreased, with most investors showing little interest in price changes; the main turnover still comes from those who chased highs in the previous period. The three giants are all quite firm, and it is estimated that they won't drop much in the next couple of days. After the pullback, we will continue to look towards 110,000!
The bull market is about to explode in June! 5 major cryptocurrencies are about to reach new highs of 100 times!
MKR
Ethereum has birthed the first decentralized stablecoin. MKR, as both a governance token and a utility token, requires holders to pay the stability fees necessary to generate Dai, and they can also participate in protocol governance to determine key system parameters. Unlike Dai's value anchoring mechanism, the value of MKR is more like a barometer of the health and activity of the Maker system— as the demand for Dai increases, the value of MKR may also rise, and vice versa.
UNI
If there are still altcoin rallies in the future, they will tend to focus on value coins with certain practical applications; garbage coins have no future. Many people disagree with my viewpoint, but that's okay; we can let time slowly reveal the truth. When the altcoin rally comes, value coins will rise 5 to 10 times, while garbage coins will still be stagnant, struggling to even double.
SOL
As a leading smart contract platform, Solana is known for its extremely fast transaction speed and low fees, making it a strong competitor to Ethereum in the DeFi space. U.S. regulators may approve a Solana spot ETF, similar to Bitcoin and Ethereum ETFs that attract institutional funds; Trump has mentioned it as a strategic cryptocurrency reserve candidate, which could increase market attention. The price recently broke through a downward channel, currently priced at 151, and is expected to challenge 300 during the bull market.
PEPE
I believe PEPE is better than DOGE. PEPE is much more sensitive to market conditions than Dogecoin. When BTC rises, PEPE rises; when ETH rises, PEPE also rises. When the MEME sector starts, PEPE will still rise, whereas DOGE is really like a dead dog. The Dogecoin vehicle is still too heavy. In terms of risk, PEPE and DOGE are similar; under the same risk conditions, of course, one should choose the one with greater returns.
AAVE
Aave currently holds a 67% market share in the DeFi lending space, making it a leader in this niche. From the token's price perspective, AAVE is currently priced at $253, still down 60% from its ATH. If you still believe that Fees, this core driving indicator, is effective, then theoretically, AAVE could still have about 3 times the potential opportunity.
