Bitcoin experienced a wave of panic selling this morning due to the ongoing tensions in the Middle East, but the overall impact is limited, and the decline may be a buildup for a larger rise. Altcoins have performed poorly, influenced by the 'altcoin season' in the US stock market; it is recommended to pay attention to listed companies that link stocks and cryptocurrencies in the US market.
Every pullback in Bitcoin is a buying opportunity. With the expectation of interest rate cuts in the second half of the year and an optimistic outlook on stablecoin legislation, a valuation of $150,000 seems conservative. Ethereum shows a standard oscillation pattern on the 4-hour chart, with the upper bound around $2750 and the lower bound around $2400. Breaking through this range will clarify the direction, and ETH is expected to break 3000 points.
Currently, altcoins lack highlights because the overall market has not stabilized yet; it is advised to wait patiently. If BTC breaks through the 120,000 mark at any time, a significant rally in altcoins is inevitable.
Last chance to get on board before the Federal Reserve cuts interest rates! Smart money has already positioned itself for these 4 coins, anticipating a 100-fold surge in the upcoming bull market! What are you waiting for?
ONDO
ONDO is closely related to BlackRock, managing a fund close to $3 billion, with its stock price soaring nearly 3 times from $90. The DeFi boom last year exceeded expectations, making ONDO a stock worth watching. As a key player in the RWA (real-world assets) trend, ONDO benefits from regulatory tailwinds and the potential easing of restrictions on tokenized bonds by the SEC. BlackRock's indirect support further enhances ONDO's momentum. With continued capital inflow and the formation of a double bottom pattern, ONDO may soon reach historical highs.
JUP
Jupiter launched the JUP V2 plan in June, gaining widespread attention and igniting traders' enthusiasm. JUP combines Launchpad, liquidity pools, and AI-driven concepts, having broken through the critical support level of $0.75, signaling its return to a major upward trend.
SXT
This coin looks like it's about to rise recently, having stagnated around $0.08 for quite a while. Microsoft is the only crypto project it has invested in, and its technology is being used by Google's BigQuery, indicating there's something substantial behind it. With a total market cap of only $500 million, it is clearly undervalued. As long as the market warms up a bit, such a technically strong and cheap coin is likely to surge, possibly breaking its historical high.
PEPE
PEPE is currently consolidating in a triangular pattern, having touched the downward trend line of the daily ascending channel in the morning, marking a short-term buying opportunity. The key resistance levels are at $0.0000149 and $0.0000218. Breaking through these resistance levels may point to $0.0000394. A directional trend is expected this week—please be patient.
