1. Market Fundamental Analysis
Uniswap Ecosystem Strategic Upgrade: The upcoming smart wallet from Uniswap is not just a simple storage tool but an important measure for deepening its ecological financial system and scenarized layout of on-chain traffic entry. As a key product in the decentralized exchange (DEX) field, the launch of this wallet will directly boost the DEX sector, especially aggregation trading platforms and routing protocol projects. The market has already responded, with UNI token increasing by 30% in a single day, and SUSHI token also achieving an 11% increase alongside a surge in trading volume, making future growth potential worth noting. The core technology of the smart wallet—'account abstraction' feature—will bring significant development opportunities to related protocols.
Solana ETF Reaches a Key Node: The U.S. Securities and Exchange Commission (SEC) has requested that the Solana ETF issuing institution submit a revised S-1 document within the next week. This document update may become an important opportunity to promote the approval of the SOL ETF in July.
Trading Strategy Review: In the previous market analysis, we indeed held a bearish outlook, but at 17:00 on the same day, based on market changes, we timely adjusted our viewpoint to bullish and initiated a position in the internal community, subsequently elaborating on the bullish rationale through a public account video. The ability to flexibly adjust strategies according to market dynamics is an important manifestation of rational trading.
Technical Analysis:
BTC: The report yesterday clearly mentioned to pay attention to 1088-1078 below. Yesterday, after rebounding from 1083, it began to rise by over two thousand points, and the overall trend fully met expectations. The daily line yesterday closed with a lower shadow line candlestick, and the 7-day moving average continues to extend upward, forming a golden cross. The pullback range is relatively small, and the upward range is also shrinking. The technical aspect is waiting for the moving average to continue extending upward for support to achieve the current upward target of 113-115. From the 4-hour chart, it has been in an adjustment state for nearly 24 hours, which aligns with a healthy upward momentum, with clear support at the 108 level below. In daily operations, pay close attention to support at the 109-108 positions below and resistance at the 111-112 positions above.
ETH: The daily line yesterday closed with a large bullish candle. Before a market rally, the previous trend is generally a rapid and large increase. Near the 3050 level, upward selling pressure will become apparent, and the market will enter a phase of pulling back after reaching a high, releasing the upward selling pressure. The K-line center of gravity will still maintain an upward trend, but the overall increase will shrink. This round of Ethereum's upward pace quickly reached the 3050 level, and later slowly rose to around 3350-3400. From the 4-hour chart, the overall trend shows a fluctuating upward trend, with a relatively large adjustment in the middle, presenting a significant risk for short-term happy trading. This is also a tactic used by manipulators to clear positions in the happy long positions during the upward process. In daily operations, pay close attention to support at the 2760-2720 positions below and resistance at the 2860-2900 positions above.
Altcoins: The current sector rotation effect is very strong, with the staking sector JTO strongly rebounding after entering last night. The staking sector's performance will continue to be strong, and holding coins for appreciation can be continued. The smart wallet mentioned at the beginning of the article is about to go live, which will inevitably strengthen the SEX sector. UNI's explosive increase of 30% has already provided a clear signal, and SUSHI from the same sector can be a key focus. Additionally, the Uniswap wallet is likely to default integrate L2 networks such as Arbitrum, Optimism, and Base, driving an increase in trading and TVL. ARB and OP in the L2 expansion sector also have potential opportunities.
And Yue: Staking sectors JTO, ETHFI, public chain S, artificial intelligence sector WLD, L2 expansion sector ARB, and meme sector NEIRO and WIF have all initiated positions!
The cryptocurrency market is highly volatile; entering the market requires caution. This is a personal opinion and not advice, only for sharing.