$MEITUAN The bottom of Meituan is becoming more and more evident—ready to get on board for a long!
After Meituan released its Q2 earnings report, the biggest change is that it has returned to profitability. The ongoing period of a takeaway food price war has cooled somewhat, and subsidy support from platforms like Alibaba and JD has also begun to ease. This is a fairly positive signal for Meituan’s future profit recovery.
Next, the focus will be on two things: whether the takeaway food price war will continue to cool down, and whether Meituan will have any new positive catalysts going forward.
As long as either of these directions materializes, I think Meituan has the potential to see a fairly noticeable wave of upside.
In terms of trading, the main approach is still to go long. At the current price, **go long around $10.05**, set the stop-loss at $9, and the first target range to watch is **$12–$15**.
Of course, the most important part of trading is risk control—make sure to set your stop-loss properly and manage position sizing.
Early this morning, BTC’s selloff was fully driven by “war”: Iran launched missiles at a U.S. military base. Bessent said the Treasury plans to impose additional secondary sanctions on Iran every week. Trump said he will use Venezuelan oil to replenish strategic reserves. Once these headlines came out, crude oil surged immediately, and then the crypto market and U.S. stocks both saw a waterfall drop. So the question is: can we buy the dip?
Yes, absolutely. This pullback shows a “pin drop with high volume,” indicating that the bottom is being aggressively bought. Looking at the K-line chart, BTC’s strong support is around 75,000, and ETH’s is below 2,400. We’re very close to these levels now—go ahead and enter long positions directly. The pullback is an opportunity to bounce.
You don’t need to aim too high, since both rate hikes and war are bearish. Target up about 2%, place a stop-loss 1% lower. The risk-reward ratio is reasonable.
Also, there’s room for action in U.S. stocks. $SNDK is also now around the key support near 1,450. I believe this drop can continue to be bought for a rebound, aiming for the 1,550–1,600 range. Set the stop-loss at 1,400.
This week’s trading core: don’t overthink—trade the swings.
For the time being, tech stocks can’t really bounce back. The probability of a rate hike in September has increased to 65%, so likely the real bottom-buying opportunity is in August to September. Now I’m planning to cut my tech stock holdings, and then come back to buy the dip in August. $SKHYNIX
I didn’t notice, but $UNI has already pulled back 40%, and it has also broken through the key resistance level of 3.9.
This independent DeFi rally is very likely led by UNI. If it holds above 3.9, then the entire DeFi sector may well start to recover.
Fans who haven’t positioned for the DeFi sector yet should move quickly—there aren’t many opportunities to set up positions during a bear market.
Right now, most of the funds are returning to UNI—prioritize setting up positions there first. Second: $AAVE Third: #UNI
分析师余哥
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Bullish
Spot value setup: $UNI
Since Standard Chartered started pumping it, UNI has been moving independently and is even stronger than other major coins. Yu Ge believes the DeFi rally is very likely to explode before August-September. Right now, it has been stuck around 3.8, unable to break above or below, which suggests there is a real large player accumulating and absorbing selling pressure.
The current price of UNI is around 3.8. If you are positioning for spot, the risk-reward is still pretty good. Compared with the 130 USD target mentioned by Standard Chartered, this is still a very low price.
If I were buying spot, I would enter 20% of my position at the current price of 3.8, then add another 20% if it pulls back to the 3.5 support level. Below that, 3.2 would be a heavy-position entry. I don’t aim to buy the absolute bottom, only to avoid missing the move! #UNI
Since Standard Chartered started pumping it, UNI has been moving independently and is even stronger than other major coins. Yu Ge believes the DeFi rally is very likely to explode before August-September. Right now, it has been stuck around 3.8, unable to break above or below, which suggests there is a real large player accumulating and absorbing selling pressure.
The current price of UNI is around 3.8. If you are positioning for spot, the risk-reward is still pretty good. Compared with the 130 USD target mentioned by Standard Chartered, this is still a very low price.
If I were buying spot, I would enter 20% of my position at the current price of 3.8, then add another 20% if it pulls back to the 3.5 support level. Below that, 3.2 would be a heavy-position entry. I don’t aim to buy the absolute bottom, only to avoid missing the move! #UNI
Due to the Federal Reserve meeting and U.S. stock earnings reports affecting the past two days, global safe-haven flows have intensified. At present, before the Fed’s results are released, the market will likely remain range-bound. After all, the main players are also waiting for developments to play out, so it’s currently not very easy to see a one-way market move.
From the current candlestick (K-line) action, the 4-hour chart is already showing a range-bound downtrend. If the Fed announces that the interest rate remains unchanged, there is a high probability of a rebound. You can set up long positions at low levels below 63000.
Currently, ETF fund flows are all in a wait-and-see mode. Over these two days, there has only been a small net outflow, so the impact is not significant. Oil prices and the FOMC outcome will be the key trigger for the next turning point! #BTC