The core driver of this round of increases comes from the easing of trade tensions between Dongda and M Country: M Country has relaxed some export controls, sending out positive signals, and both sides have shown a willingness for further negotiations. However, the market has not yet entered a FOMO state. Especially, altcoins have formed two extremes; it seems that this round of increases has no significant correlation with most altcoins, as market funds only recognize mainstream and leading coins within sectors, as evidenced by institutional funds only buying BTC, ETH, and SOL.
Market situation: BTC's current price has not dropped below 108,500. This pullback is due to the bulls taking profits, and there is still room for the market to rise. However, if it really drops below 108,000, it may fluctuate around 106,800.
ETH has been slightly stronger in the short term. When it just pulled back, I originally thought it would drop below 2730, which was my planned entry point, but it only went as low as around 2745. So in the short term, ETH seems a bit strong. Since I didn't get in at my planned entry point, I will just wait for opportunities and not rush to chase the rise!
There is a highly certain investment opportunity on BSC! WLFI has organized a trading competition to select two champions, each buying 400,000 USDT worth.
I think the most likely champions will come from these four coins: #BULLA, #TAG, #EGL1, #JANITOR. All of these can be bought, with opportunities to make several times profit. At least before the event ends, I think there's a high probability they won't drop.
Adults do not make choices; I bought all of these, and I also continue to hold $gorilla.
Today's market hot coins: Old Horse made three consecutive pumps this afternoon, and the only coin that ran out was $rico (Hedgehog), which is still strong on the SOL chain! After Old Horse commented on that Hedgehog project, the trading volume of SOL has reached 3 million, and it's about to hit 4 million. In contrast, BSC chain only has 150,000, and the gap is immediately apparent. Now we just need to see if SOL can reach 10 million in trading volume.
Is Dogecoin related to Korea? Dog? It's a bit gimmicky. This coin currently has a small market cap and trading volume. Xianxian bought 0.7B at a price of 110K, but whether this coin can rise is uncertain. If you're interested, just keep an eye on it.
Review: KMNO exploded on me! A fan just joined and caught a big profit. The entry point called at 0.063, with a take profit set at 0.0672. It surged all the way up to 0.07288, and in just a few hours, the profit on 50x leverage soared to +368%.
ZK, Xianxian recommended shorting ZK in yesterday's article; was the resistance at 0.585 shorted? It made a huge profit of 168%, very perfect!
The altcoin pump is all about exiting; just remember this sentence, don't chase after the surge easily. Look for opportunities to short at low multipliers. Even if you're stuck, breaking even and making profits can happen in an instant.
