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I personally believe that Bitcoin has a great chance of reaching its early highs again. As for altcoins, there may be a wave of not-so-large rebounds, and even a small bullish trend might occur.
The overall situation in the market is roughly as follows:
1. Short-term risks are not obvious: There isn't much systemic risk visible at the moment. A key date to watch is July 9, which marks the end of the 90-day deadline for US-China tariff negotiations, but the market hasn't reacted much yet, indicating a 'not yet fermented' potential risk.
2. Strong US stocks: The Nasdaq index has reached a new high, indicating that the market's risk appetite is recovering, and funds are more willing to flow into high-volatility assets.
3. A-share sentiment is warming: The Shanghai Composite Index has reached a new high this year, and last week the banking sector adjusted, suggesting that funds are more inclined to flow into industries with stronger growth potential. At the same time, regulators plan to expand the price fluctuation limit for ST stocks from 5% to 10%, signaling policies that encourage market activity and enhance risk tolerance.
4. Geopolitical risks easing: The conflict between Israel and Iran in the Middle East is currently on hold and has not escalated further, providing a calming effect on the market.
5. The Federal Reserve's stance is dovish: More and more Fed officials are openly supporting early interest rate cuts, which is beneficial for market liquidity.
Overall, there are not many bearish factors facing the market right now, mainly just one potential tariff issue, while most other aspects lean towards the positive.
Especially some altcoins are currently experiencing significant declines. Although many are air projects or scams, there are also 'value coins' supported by fundamentals. Once market enthusiasm rises even slightly, a decent rebound may occur. Therefore, at this stage, while it may not be a large bull market, a small rebound or small climax is still quite hopeful.
A major rebound in July is coming! Here are 3 mainstream coins that can be bottomed out with 100x potential!
PEPE
I think PEPE is better than DOGE. PEPE is much more sensitive to market trends than Dogecoin. When BTC rises, PEPE rises; when ETH rises, PEPE also rises. When the MEME sector starts, PEPE will still rise, while DOGE seems to be like a dead dog. Dogecoin has too heavy of a burden. In terms of risk, PEPE and DOGE are roughly the same, and under the same risks, of course, one would choose the option with greater returns.
SUI
The future trend of SUI still relies on further promotion by the SUI Foundation. There is still significant room for improvement, especially in the support from the Chinese community. I hope the officials can quickly appoint a person in charge of the Chinese-speaking region to strengthen connections with the Chinese community, allowing more people to truly understand the value and potential of SUI. Very few people in the Chinese community are paying attention to the Sui ecosystem, while it is bustling abroad.
SOL
Looking ahead, Solana has significant growth potential. Once it breaks through the $200 mark, its price is expected to rise further. As a leading smart contract platform, Solana is known for its extremely fast transaction speeds and low fees, making it a strong competitor to Ethereum in the DeFi space. US regulators may approve a Solana spot ETF, similar to Bitcoin and Ethereum ETFs, attracting institutional funds; Trump mentioned it as a strategic crypto reserve candidate, which could increase market attention. The price recently broke through a downtrend channel, currently around $150, and is expected to challenge $300 during a bull market.
