Many friends probably saw that Bitcoin surged to a high of $118,000 yesterday, while Ethereum also returned to over $3,000.
First of all, congratulations to those on the ride; next, let’s discuss what we need to pay attention to in the current position. 👇
🚀 Market Status
Bitcoin: The king of faith has gone crazy
On July 11, it skyrocketed to $118,869!
Institutions are buying frantically, while retail investors haven't moved much; this wave is truly institutions positioning themselves, not retail speculative trading.
Ethereum: A second spring after the technical upgrade
After the Pectra upgrade, a strong rebound occurred! Staking limits increased + account abstraction implemented, peaking at $3,040!
But now it's stuck in a fluctuation around $2,960, with intense long-short battles 👊
💥 Why is it rising so sharply?
1. Policy desensitization
The market is gradually digesting negative news, and the previous tax panic has mostly been absorbed; policies are stabilizing!
2. Institutions are pouring real money in
On just July 10, Bitcoin ETFs saw an inflow of $31.8 million! Public companies are not only hoarding BTC but also starting to buy ETH and SOL; altcoins may also see funds entering soon.
3. Technical upgrades provide strong support
After the ETH upgrade, the destruction mechanism is restored, and on-chain activities have surged; Bitcoin's Lightning Network can support more assets, and the Layer 2 ecosystem is experiencing an explosion, with solid technical strengths backing it!
4. The expectation of interest rate cuts is too attractive
The Federal Reserve has hinted at a possible interest rate cut in the second half of 2025; with more money to circulate, everyone is fleeing from gold and U.S. stocks into high-volatility cryptocurrencies.
5. Sentiment has soared into greed
The Fear and Greed Index is at 71 (Greed Zone), with $1.078 billion in liquidations over the past 24 hours, 90% of which are short positions! Bears are getting crushed, and the more it rises, the crazier it gets...
⚠️ The pitfalls behind the celebration! These traps must be avoided
1. A short-term pullback may occur!
There are a lot of sell orders at $3000 for ETH; the Ethereum Foundation just sold 1210 ETH yesterday (average price $2889), so caution is needed.
2. Policies may still change
Although Trump is pro-crypto, the stablecoin bill is progressing very slowly; if the SEC starts investigating exchanges again, panic selling might ensue...
Don't chase altcoins recklessly!
SUI and ARB recently surged over 10% in a day, but 90% of MEME coins will eventually go to zero! Don’t be fooled by the 'altcoin season'; following trends is just giving away money...
📝 What should beginners do
1. Don’t be too greedy with your positions
Cryptocurrency assets should make up no more than 15% of your total assets, with a BTC:ETH ratio of 6:4; don’t go all in on one!
2. Don’t trust random calls
Check data on CoinGecko and Glassnode; those analysts who claim something is 'guaranteed to rise' are mostly just harvesting retail investors...
Lastly, a straightforward truth: don’t act impulsively! Don’t go all in, don’t use leverage, and don’t buy with living expenses. Only then can you make money while smiling.
#币安Alpha上新 #交易策略误区 #交易策略误区 #BTC再创新高
