According to the current liquidation map, long positions are being gradually liquidated. Based on the current Bitcoin price around $117,600, if the market fluctuates $2,000 up or down, to around $119,600, the cumulative liquidated short amount is expected to be about $550 million. Conversely, if the market drops to around $115,600, the cumulative liquidated long amount is expected to be about $2 billion. Yesterday, Bitcoin spot ETF saw an inflow of $194 million, and Ethereum ETF spot saw an inflow of $231 million.
The overall market direction appears to be trending downward on the daily chart, with short-term fluctuations expected to continue within a daily range. As for when a real trend reversal might occur, we can only continue to observe and wait. Ethereum is also primarily in a sideways trend, with daily fluctuations still possible, but overall altcoins are experiencing some pullback. If altcoins wish to rebound further, more attention must be paid to Ethereum's movements. Personally, I believe that as the end of the month approaches, the market will shift to a wait-and-see approach, so short-term strategies should focus on swing trading.
Buy the dip on 3 altcoins that have a future growth potential of 10 times!
1.OM
The trading price of OM is $0.265, with a slight decline of 7.69% in the last 24 hours. However, it has performed strongly this week and this month, increasing by 12.85% and 19.77%, respectively. Its market capitalization is approximately $270 million, making it a medium-sized token with room for growth. The circulating supply of OM is slightly above 1 billion, with a total issuance of 1.68 billion, and a stable issuance pace. A turnover rate of 0.545 indicates high trading activity.
From a technical perspective, OM's price is slightly below the short-term 7-day moving average (SMA) of $0.283 but above the 30-day moving average (SMA) of $0.231, indicating mixed momentum. The RSI is between 53 and 54, suggesting a neutral market stance, neither overbought nor oversold. The MACD remains positive, indicating that bulls are still in control, but resistance levels are at Fibonacci levels (0.343 and 0.315). If the current trend attempts to reverse, the pivot at $0.288 could become a key testing point.
Ownership metrics show that the top ten wallets control slightly over 24% of the supply, indicating moderate concentration. Notably, the holder community has grown by over 74% year-over-year. The expanding holder base suggests rising interest, potentially driven by recent initiatives such as the RWAccelerator collaboration with Elevex.
This collaboration is supported by Google Cloud, marking a key step for OM in its vision of tokenizing real-world assets. This is not just a public relations stunt, but a manifestation of its strong partnership with institutions, something that other smaller companies lack. With the development of compliant asset tokenization, OM's positioning may yield returns. Bitcoin's 61% market dominance limits the growth potential of altcoins, but any decline in BTC's market dominance could shift the focus to niche tokens like OM.
Given its growing community, structured token economics, and role in regulated RWA products, OM could become the next explosive cryptocurrency, especially if altcoin capital rotation intensifies in the coming months.
2.LDO
LDO has rebounded over the past month, and although it has seen a slight drop of 6% in the last 24 hours, it is still up over 52%. Its current price is $1.08, with a market capitalization close to $1 billion. Notably, LDO has recently broken through a key exponential moving average, suggesting a shift in market sentiment that may signal the beginning of a larger-scale rebound.
The technical outlook is overall bullish. The MACD histogram is robustly positive, and the RSI is between 60 and 64, indicating a neutral to slightly overheated condition. Fibonacci levels show resistance at $1.14 and support at $0.91. Meanwhile, if momentum strengthens again, the pivot point at $1.12 remains a potential breakout trigger.
The protocol's foundations are also continuously evolving. A dual governance proposal was recently approved, granting stETH holders more control, aligning with decentralization goals. Other proposals, such as those triggering withdrawals and CSM v2, are also aimed at enhancing the platform's responsiveness and flexibility. However, Lido DAO is also facing security issues related to oracle data, and this emergency vote may shake investor confidence in the short term.
Despite these concerns, if Ethereum ETF flows increase, staking demand may rise. If this is the case, LDO could directly benefit from increased stETH activity. The biggest risk remains the token distribution. Whales hold nearly 58% of the supply, which could lead to significant price volatility during sell-off pressures.
The growth potential of LDO largely depends on the strength of Ethereum and the execution of governance upgrades for the protocol. If the staking volume increases and security issues are properly addressed, this token could attract more institutional capital.
3.CRV
Despite the many stablecoins, yield tokens, and synthetic assets available in the market, switching between them often incurs high fees and slippage. Curve DAO addresses this issue by providing extremely efficient, low-slippage exchange services, specifically targeting tokens designed to 'anchor' the same value, such as USDC, DAI, USDT, or wrapped BTC.
Curve's block oracle is now operational on over 20 networks, serving as a flexible multi-chain messaging layer that opens the door to reliable infrastructure use cases independent of swap transactions. Deployments on chains like XDC and Hyperliquid, along with developer activities to remove impermanent loss, indicate that Curve is not stagnant and is expanding its foundational AMM beyond stablecoins.
CRV closed from a low of $0.60, soaring to the $1 mark, achieving an increase of about 79%, an extraordinary performance that leaves other DeFi tokens in the dust. After CRV perfectly broke through a descending triangle (a structural barrier hindering CRV's rise), a massive short squeeze cleared over $3.9 million in short positions, further fueling CRV's ascent.
The upcoming voting and protocol enhancement features will enhance CRV's utility and reputation as a DeFi infrastructure layer. Curve now supports Polyhedra's EXPchain for low-cost cross-chain exchanges. Updates to its Treasury, Llamalend UI, and the release of block oracles are all aimed at adapting to future cross-chain messaging and functionalities.
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