According to the current liquidation map, the market shorts dominate with the current Bitcoin price around $108,600. If the market fluctuates by $2,000 up to around $110,600, it is expected that about $970 million of short positions could be liquidated. Conversely, if the market drops to around $106,600, it is expected that about $1.2 billion of long positions could be liquidated. Yesterday, the net inflow of funds into Bitcoin ETFs was $18.2 million, and the net inflow into Ethereum ETFs was $76.7 million.
Market direction: short-term bearish; based on the current market trends, both the 4H and daily charts indicate signs of a pullback, while Ethereum is showing slightly stronger performance. The market is overall in a consolidation phase waiting for the next trend. For most altcoins at present, they will also follow the market's slight pullback. I personally believe the short-term focus should be on the conflicts regarding immigration in the U.S. If the situation escalates, it will certainly have a negative impact on U.S. stocks, leading to a market pullback.
Bitcoin continues to lead, breaking the $110,000 mark, with market sentiment soaring. Although some investors regret missing out on early low-priced chips, there are still multiple altcoins with high growth potential.
The top 3 altcoins with a 10x increase!
1. KMNO
Kamino Finance (KMNO) is beginning to simplify on-chain liquidity and yield generation. Its one-click automatic compounding concentrated liquidity strategy has quickly gained popularity on Solana. Now, Kamino is a unique DeFi protocol that integrates lending, liquidity, and leverage.
The main utility of Kamino lies in its diverse products. Users can easily borrow and lend assets, provide leveraged liquidity to centralized liquidity DEXs, and even build automated liquidity strategies. Kamino also allows users to use concentrated liquidity positions as collateral. All of this stems from a convenient user experience and precise analytics.
KAMINO token is experiencing a rapid rise. Its trading price is $0.066358, having increased by 21.26% in the past 24 hours and 19.34% over the past week, making it one of the top-performing cryptocurrencies in today's market. Over the past year, KAMINO has risen by 68%, outperforming 80% of the top 100 cryptocurrency assets. In the past 24 hours, its price fluctuated between $0.054621 and $0.066738.
The DeFi sector on Solana has just received a tremendous boost. Kamino Finance announced that Kamino Lend V2 quickly attracted over $200 million in deposits and facilitated $80 million in loans across 11 new markets. All of this was accomplished in less than three weeks, highlighting the effectiveness of modular design.
This surge indicates that users have confidence in Kamino Finance and suggests strong growth in Solana's lending capabilities. For investors, this rapid adoption data signals market demand and operational efficiency. This provides important data for evaluating Kamino's potential and making informed decisions in the fast-growing DeFi space.
2. PYTH
Pyth Network (PYTH) recently took a significant step by partnering with Alright Buddy, enhancing its growing influence in the decentralized finance (DeFi) sector. Pyth is known for providing real-time market data to over 100 blockchains, and now offers real-time oracle data for the $BUDDY token. This data will play a crucial role in building a more reliable and accessible market on the HyperEVM network.
As part of this collaboration, Pyth's mascot Pirb has been added to the Alright Buddy avatar (PFP) generator on its official website. This is both a fun way to celebrate the partnership and highlights Pyth's increasingly important role in the ecosystem. The Alright Buddy team expresses heartfelt gratitude to Pyth, calling it a milestone that has been in the works for months and is crucial for opening new DeFi possibilities for $BUDDY.
Currently, the trading price of Pyth Network is $0.1248, having increased by 4.14% in the past 24 hours. Its daily low and high prices are $0.1179 and $0.1261, respectively, with trading volume growing by 32% to reach $22.27 million.
Despite the bearish market outlook in the short term, overall market sentiment leans towards 'greed', with the fear and greed index at 71 points. The token remains relatively stable, with a 30-day volatility of 17%, and has had positive price movements on 15 out of the past 30 days.
3. PENGU
Pudgy Penguins (PENGU) has quickly grown to become one of the most recognized and beloved brands in the cryptocurrency space. With a strong and passionate community, the project's influence has far exceeded the typical Web3 circle. From major companies adopting the penguin mascot to appearances in mainstream media such as ETF advertisements, Pudgy Penguins have achieved significant cultural impact, accumulating over 50 billion views and attracting millions of fans.
As of now, the trading price of PENGU is $0.01148, having surged 11.67% in the past 24 hours. Currently, market sentiment is bullish, with the fear and greed index reaching 71, indicating that investor confidence is strengthening.
The token's 24-hour trading volume to market cap ratio is as high as 0.3130, indicating strong liquidity and active trading. With such strong momentum and a loyal fan base, PENGU is positioning itself as a leading meme token supported by genuine community power.