7.14 Market Trend Analysis:
Currently, Bitcoin, Ethereum, and altcoins have strongly broken through key resistance levels on the weekly charts, the third wave of the bull market is taking off! This wave for ETH looks to be aiming at least for 4000, and the explosion of altcoins has just begun.
Recently, U.S. coins and ETH-related assets have been performing well, and public chains, DeFi, and meme tokens are also set to rotate. The XRP recommended over the weekend has really been dormant for three years, and now that it has surged, it can yield profits from three years in just one move; it's incredibly strong now!
After a slight pullback on Saturday, altcoins continued to explode today, with usual, pengu, and hbar soaring 30%-40%, and auction, which retraced to 0.618, also surged another 10%. This is how the altcoin season should be!
🔥Market Highlights:
1️⃣ The leading NFT on the Solana chain $PENGU has surged, with project teams changing their avatars to penguins, possibly aiming to be the first NFT to list on the U.S. stock market ETF;
2️⃣ The meme launch platform bonk on the Solana chain is also catching fire, with a market cap soaring to 6 billion dollars at #pump ;
3️⃣ $HYPE has reached a new high, TVL has surged, and market cap has broken 50 billion;
4️⃣ Meme coins alt and kori have skyrocketed, with 900 million tokens of trump unlocking this week, pay attention to the volatility!
Remember, once the altcoin that you are tracking reaches the top of the surge list, you can take profits, don't get too greedy.