The market is filled with pessimistic wails, but I remain optimistic about Bitcoin and Ethereum. If nothing unexpected happens, we may have to wait until the second half of the year, Q3 or Q4, for market movement. In the short term, there may not be much change, and instead, we will continue to see fluctuations. Generally speaking, trading during the summer is very dull and boring. $BTC
Now let's talk about altcoins. In this cycle, the requirements for selecting the coins you choose are extremely high. If the quality of your selection is not good enough, even holding spot may lead to significant losses. Currently, the altcoin market is more favored, possibly just $SUI $AAVE and another HYPE. However, I personally do not recommend buying HYPE, as the cost-performance ratio is not sufficient.
If you have funds, slowly accumulate spot positions to lower the average price, and be mentally prepared for at least 3 months without major market movements.
When interest rates drop and the market starts to rise, don't fall in love with your positions and fail to sell; the result could be being seriously trapped, which is the most uncomfortable. Because by the end of this year or early next year, it is highly likely to be the last surge in this cycle, after which we will begin a downward trend.
Comrades, do not despair, and do not leave the table; hang in there.
My personal view on Bitcoin is that the next price range is likely to fall between 13 to 15 dollars. If you have it, once the price reaches that point, sell more as it rises; don't do the opposite.
If a coin rises too quickly in the early stages, with little consolidation and a significant increase, then during a pullback, the drop can often exceed your expectations. For example, $TIA and $WLD are both cases. Add another one, $USUAL .
The main issue is that there are too many profit-taking sellers; at this price, many VCs and project parties can still make money, so why not sell?
So be cautious in the future about those that surge wildly at the beginning. Don't jump in easily. It's easy to get seriously trapped, especially in the later stages of a bull market.
Why have several stablecoin projects seen their prices decline amidst the stablecoin craze? No matter how impressive the collaborations and expansions of $ENA are, they cannot withstand large-scale unlocks. Another struggling counterpart, $USUAL , is in the same boat. A reminder: if the monthly unlock volume of a token reaches or exceeds 1% of the total amount without any heat or buying interest, a drop is inevitable.
This is especially true in a volatile and sluggish market. One must study where the buying interest is amidst continuous selling pressure. If the conclusion is not optimistic, why buy?
Finally, let's talk about derivatives in the DeFi space. Don't buy $GMX , and definitely don't buy $DYDX . Many people feel that they have hit the bottom and can't help but try to catch the bottom. This kind of coin may indeed be at the bottom, but for projects that have recently set new lows, definitely avoid them; they won't rise much. Your funds have become the exit liquidity for VC, founders, and arbitrageurs. Even if dYdX increases its buyback intensity from 25% of revenue to 50%, it won't be able to turn the situation around. The hardest in the DeFi space is still $AAVE .
Remember, every time Musk and Trump argue and have conflicts, it is the best opportunity to short Dogecoin. And whenever the disputes settle, it paves the way for $DOGE to rise.
Whenever Ethereum surges, you can bet on $MOODENG . Similarly, you can think more about similar effects. $TRUMP
Time waits for no one; there isn't that much time ahead. Bitcoin has long become a toy collectible for the super-rich. Our opportunity for a turnaround is to find a truly market-recognized good project, seize it, and after it takes off, enjoy the benefits. $AAVE is one of the most sought-after DeFi tokens, second only to HYPE, and still has considerable room for growth. Just buy more as it drops, be a bit bolder. Don't easily be shaken off the ride. $ONDO
$SUI is very likely near the bottom range around 2.2, but there is no need to pursue the absolute bottom. Trust me, below 2.8, increase your buying power with every 0.1 drop. Q3 and Q4 will definitely yield returns.
I don't know how many people seriously look and actually do it. In this market, being able to hold one or two quality coins and make a profit is already quite good. I don't know how many people are silently losing money. These two are enough, buy more as it dips. Trust me, if there's a rate cut in September, funds will start to rush out in August. If there's a rate cut in July, Bitcoin will directly reach a new high, but the probability is low. Finally, remember to sell when the crowd is bustling to avoid being severely stuck.
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Once again, it is emphasized that $SUI can be bought more as it falls, but you must grasp the rhythm well. For example, if you buy at the bottom below 2.8, you have 100,000 USD; buy 5,000 USD at 2.8, 10,000 USD at 2.6, 20,000 USD at 2.4, 30,000 USD at 2.2, and keep the remaining bullets to watch the changes; never go all in at once.
This year's market may still replicate the past, and in the second half of Q4, the market will improve. Only very strong altcoins have a chance to rise. $AAVE
Comparing two public chains, you can see the difference in investment level and vision. For example, $APT and $SUI , if you had to choose one, which would you choose? If you still choose APT, you deserve not to make money.
SUI will still be under pressure from the market and unlocks for the time being, with the price fluctuating downwards, but do not give up. Before the end of the year, there will definitely be surprises ahead. $BTC
Carefully monitor the price performance of the unlock date for $SUI , it will be very interesting because it is very typical. In the case of a market downturn, it must drop within three to four days after the unlock. This is because there are quite a few profit-taking positions that are willing to sell at this level.
Therefore, when buying, try to avoid purchasing in the three to four days before and after the unlock, $CETUS
I often see some people in the square, clearly the market has already overbought $ALT , the RSI data is ridiculously high, clearly it has been rising for several days, clearly there is a need for a pullback, yet at this time they go long, and stubbornly hold the position $SEI , then it can only be regrettable, and they must pay the tuition.
The two I mentioned above are junk coins, with no improvement in the fundamentals, continuous unlocks, and just because of a sudden piece of good news, they soared for a while, but soon they will be knocked back to reality due to the sluggish market.
If it rises too much, it must pull back. It has to fall back like gravity; when you truly understand and act accordingly, you won't open positions randomly.
Once again, it is emphasized that $SUI can be bought more as it falls, but you must grasp the rhythm well. For example, if you buy at the bottom below 2.8, you have 100,000 USD; buy 5,000 USD at 2.8, 10,000 USD at 2.6, 20,000 USD at 2.4, 30,000 USD at 2.2, and keep the remaining bullets to watch the changes; never go all in at once.
This year's market may still replicate the past, and in the second half of Q4, the market will improve. Only very strong altcoins have a chance to rise. $AAVE
$SUI may first pull back to around 2.5. If the situation worsens, a final pullback to 2 dollars is entirely possible. In just half a month, SUI has doubled, which is too much, and it is also affected by the bearish trend of the overall market. A pullback is a necessary occurrence; it’s just a matter of the extent and speed of the pullback. Unlike many inferior altcoins that crash directly.
If you have a large amount of capital, you can buy in batches below 2.8, slowly acquiring spot.
Many analyses on Binance Square are pure garbage information. When prices rise, they boast everywhere, showing off their gains. When prices continuously fall, they claim it’s all about cutting retail investors, blaming Taiwanese, or calling it junk coins. Such people are destined to lose money.
If Bitcoin can reach 140,000 this year, remember, SUI has a high probability of reaching a new high. However, I think the probability of reaching 10 is low; 6 dollars is still possible. $CETUS
Smart people always sell when prices are soaring. If you don't sell now, you might end up trapped and cursing in a few days. $ALT $MAGIC Don't hold onto any illusions, this is a great opportunity for you to exit liquidity, seize it! Don't let yourself be severely trapped again.
$SUI For this strong coin, I will give a few price points: buy slowly below 3.2 in spot, once it breaks below 3, feel free to buy boldly. If Bitcoin $BTC is around $130,000 this time, it is highly likely that SUI will reach a new all-time high. The price range I can see is at least above $6. A doubling in price, at the end of a bull market, is good enough.
The currency $BERA is suitable for buying when market liquidity is good. When the market is clearly unstable, this type of currency often experiences the most significant declines. You can compare the decline of $SUI to understand what I mean.
The probability of SUI reaching a new high this year is extremely high, and the probability of hitting 6 is almost a high-probability event. $SUI
It is possible that the bull market of $ETH or $SOL may no longer exist, and the probability of a new high is not that significant, but the probability for SUI remains relatively high.
Now the value of my words is still rising. Clearly, it is already overbought, so don't risk your life for the last few bites of meat. $WCT
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$WCT Listen to my advice, if you are holding spot, it's time to gradually take profits. Otherwise, if a big pullback happens, you might get trapped and it could drive you to frustration.
As for contracts, don't open short positions randomly. Wait for the trend to emerge before going short.
In addition to Bitcoin, if I were to list two others that will likely have good gains for the remaining time this year, they are these two $SUI $WLD , at least, they won't keep declining like many worthless coins.
The continuous decline of $BERA is due to the fact that the POL mechanism only works well when market liquidity is sufficient. As soon as market liquidity tightens, there are quickly no players left. Another important point is that many arbitrage players primarily engage in mining, withdrawing, and selling. Just today, the airdrop was opened again, resulting in another wave of significant decline. Other cryptocurrencies may only experience slight drops, but BERA faces continuous selling pressure in the market, weak buying interest, and not many people willing to buy. Who is footing the bill for this market? Those who have been holding BERA without selling. Because the price keeps dropping. As long as you are a diamond hand, you will definitely suffer heavy losses. The official Twitter of the project team is silent; it doesn't matter, sigh, there's no hope.