The peak of Bitcoin this year, I judge that the worst case will be 150,000 to 200,000. So, at this stage, if anyone tells you it's at its peak, just ignore them.
Another point, I believe that Bitcoin is not far from starting a new phase. The reasons are as follows: 1. Recently, things have been quite chaotic, with conflicts between Musk and Trump; the U.S. imposing equal tariffs on the global market... 2. The market has been consolidating between 100,000 and 110,000 for a long time, and it is fatigued. 3. Today, there was another announcement of a crackdown domestically. 4. The market is extremely cold.
Overall, it is not far from a full launch. First, let Bitcoin start, then it will be the turn of Sol, XRP, Bonk, Floki, Ton, Ethereum (ETH), Dogecoin (Doge)... Let’s wait and see.
Today everyone pay attention to two positions: 107000 and 105000, these two supports, one is real-time, one is important support, when it reaches, you can buy, you can adjust 200u yourself,
If Bitcoin encounters a rapid spike, you can buy more. If it reaches the upper positions I mentioned, you can buy more.
For altcoins, do not touch contracts for now. The timing is not right.
Some people are worried that those 80,000 bitcoins will be used to crash the market, which is an unfounded fear. Would you sell 80,000 bitcoins on an exchange? Aren't you afraid of information leaks? Can the market absorb that in a short time? It can be resolved off-exchange. So remember what I said yesterday: the weekend will see a false drop, not a complete crash.
Don't worry too much, it's just a temporary fluctuation, slightly bearish over the weekend. Pay attention to short positions at 105,000 and short positions at 109,000.
Today mainly involves two things: 1. Trump's Great Beautiful Plan has been fully passed, and it's time to test Musk; old Ma is in a very awkward situation. 2. Trump announced that tariffs will be enforced starting August 1, which brings uncertainty. So for now, don't hold all positions.
In short: I think the Bitcoin market will fake drop once from the weekend to Monday, and then prepare to break through next week.
If it doesn't break the new high next week, then it will maintain a fluctuation between one hundred thousand and one hundred ten thousand, which means this month will be a complete waste, don't expect any major developments this month.
Many people are always worried about gains and losses, Always afraid there won't be a bull market, Always afraid Bitcoin has peaked.
You tell me, What’s there to be afraid of? If it doesn’t peak this year, When will it?
Once this year is over, The market will be completely bearish, Then there won't even be a glimmer of possibility. It's precisely because this year is not over yet, Anything is possible, That’s why we take the chance,
That’s how it is. No matter if you participate in Ethereum, Dogecoin, Solana, XRP, ADA, Aave, Pepe, Uni…… What the outcome is, we will only know next year.
The fundamentals today are sound, there's no need to overly consider the small fluctuations from the non-farm payroll and interest rate cuts.
We are currently in a brewing phase before an explosion, so the main players will be stirring things up. Additionally, 110,000 does indeed have pressure and needs to be digested.
For the short term, pay attention to 108,000 and 105,000 as these are significant supports. When it reaches these levels, it could be worth testing the waters. At other times, the suggestion is to remain mostly bullish.
Sol, Pepe, XRP, Sui, Wif, Dogecoin, Ethereum — waiting for Bitcoin's new highs and the big explosion before and after, these will start moving. I will remind you before it starts.
I am very optimistic about the second half of the year.
Looking at today's situation, should I say it's going up or down? The unemployment rate unexpectedly decreased, The probability of the Federal Reserve cutting interest rates in September has dropped to 80%
Generally speaking, a lower unemployment rate is not favorable for the Federal Reserve to cut interest rates. Previously, the market widely predicted a 98% probability of a rate cut in September, but after the employment data was released, the probability of a rate cut in September has slightly decreased to 80%, and a rate cut in July is no longer possible. Additionally, CPI data will be released on July 15, which will ultimately determine the timing of the Federal Reserve's rate cut. After the data was released, Bitcoin slightly retreated, but is still above the 109000 support, the upward trend has not been damaged, and we will still maintain a short-term bullish stance.
Therefore, I believe this will not affect the overall situation, it's just not the best outcome. The current result is in line with expectations. The overall trend is still bullish. SOL, XRP, PEPE, SUI, WIF, Ethereum, and Dogecoin need Bitcoin to reach new highs to rise, so be patient.
A reporter asked Trump: Will you deport Musk? Trump said: I want to see, we might arrange for DOGE to check out Musk's businesses, Do you know what DOGE is? A very scary monster, it will eat Musk, that would be terrible, Musk has received quite a bit of government subsidies.
Musk thought to himself: I really want to unleash my full force and tear it up next time, but reason tells me, it's better to hold back a bit for now. So yesterday I started praising Trump again, I gave in.
There's no way around it, who makes Trump be in that position right now. You old horse indeed can't compete. Moreover, that big beautiful act, I think for us, most of it is indeed beneficial.
I hope Musk can adjust his mindset, afterwards, give us a good shout for orders, DOGE is about to die...
This wave of the market is strongly rebounding, definitely exceeding most people's expectations. I mentioned yesterday, the Great American Plan is a positive factor, after all, the expectation of four trillion dollars in liquidity is no joke.
Additionally, the small non-farm payroll performance from yesterday was also good, a rebound is normal. Whether it can continue to break new highs still needs observation, let's see the reaction tonight after the daytime rest.
Currently, for Bitcoin, there is definitely pressure above 110,000. 107,000 and 105,000 have support.
Dogecoin, Ethereum, Solana, XRP, Sui... after Bitcoin breaks through, it will pull up.