Bitcoin spot ETFs have seen a net inflow for 8 consecutive days, with a net inflow of $390 million yesterday, indicating continuous buying by institutions. BTC may be approaching a new high. The US Senate passed the GENIUS Act (Stablecoin Innovation Act), which is pending review by the House of Representatives, but the probability of passage is high. There are commitments to establish a stablecoin regulatory framework by August 2025, increasing the likelihood of the bill's implementation. If the bill passes, BTC prices could reach $126,000.
Currently, the cryptocurrency market is fluctuating and accumulating positions. The geopolitical situation is unstable, the Federal Reserve has not lowered interest rates, and the war impact has generally led to a downturn in altcoins. The big players are not pushing the market. Most retail investors are heavily invested in altcoins and are stuck, waiting for the altcoin season! The future market may evolve into a personal showcase for BTC! Therefore, if conditions allow, try to accumulate as much BTC as possible. For long-term players, the essence of the cryptocurrency market is to earn BTC.
My strategy: short-term operations, selecting hardcore coins for swings, steadily making profits. On-chain market conditions are always present, especially the meme market, but the narrative is changing too quickly now, and everyone needs to adapt.
Bitcoin is about to soar! The narrative of getting rich quickly in the market is changing rapidly, with a major reshuffle of altcoins. These 4 altcoins are expected to increase by 10-100 times by 2025!
Moodeng
Moodeng is forming a descending wedge, strongly bullish, near a key demand area and trendline support, with prices rising strongly. The RSI indicator shows bullish divergence, with 0.14 as effective support. Contract entry price: around 0.15 for longs, take profit at: 0.16495.
INJ
Injective is a decentralized Layer 1 protocol tailored for finance, featuring fast execution speeds and supporting order book trading. Recently, it has gained attention in the DeFi x AI sector due to AI integration for optimizing liquidity, automating strategies, and risk analysis. The current price is $11.536, with a 24-hour increase of 1.15%, and the price fluctuates between $11.44 and $13.78. Over the past month, there have been 17 up days (57%), indicating a mild recovery of its AI-enhanced trading ecosystem.
SPK
In the DeFi sector, the daily trading volume exceeded $100 million on the first day of launch! Currently, SPK has fallen back to around 0.049, experiencing a small-scale fluctuation adjustment, with a significant decrease in trading volume. It is expected to strengthen following the overall trend of the DeFi sector after the adjustment. There are still 5 days left for the collaboration activity between Cookie and Spark. Those who haven't participated can still catch the last train. After collecting the airdrop, depending on the situation, we can strategize and SPK can lead everyone.
ZRO
LayerZero (ZRO) is an interoperability protocol connecting over 50 blockchains, supporting cross-chain application development, with secure endpoints and a decentralized architecture. If the fee referendum from June 20-27 passes, it will destroy protocol fees, benefiting long-term value. The current price is $1.83, and the oversold condition suggests a potential short-term rebound. However, the unlocking of $64 million worth of tokens on June 20 could trigger selling pressure, leading to cautious market sentiment. ZRO's rise is driven by optimistic sentiment from the referendum and technical aspects, but unlocking and market sluggishness may limit short-term performance.
