I think the market is about to rebound.
Right now, I’m most bullish on these 7 coins.
After the CPI came out yesterday, I actually started turning more bullish again.
Core CPI month-over-month was 0.3%, higher than the 0.2% expected. The probability of a rate hike next week is already close to 90%. Normally, this kind of data isn’t friendly for risk assets.
But $BTC only dropped to around 76,000 at worst, and then rallied up to as high as 79,800 dollars. Now it’s back around 77,200 again. SOL is also holding above 100. UNI is even up more than 5% over the past 24 hours.
If the market were truly weak, with CPI and rate-hike expectations both weighing down at the same time, this reaction shouldn’t be all it is.
So after this pullback, these are the ones I’m mainly watching:
Around $BTC 77,200, with 76,000 being my most important defensive level.
$ZEC around $1,120. Over the past 7 days it’s still up more than 10%. The privacy sector has also been the best-performing track over the last month.
$ZEN I’ll continue to treat as a privacy position with higher odds than ZEC.
$SOL around $101. The $100 level is still being held for now.
$UNI at $6.35. It’s up about 5.6% in the past 24 hours. In this market rebound, I’ll prioritize DeFi exposure to it.
$WLD around $0.40. The 0.43 level I was waiting for has already broken down, and the price is lower now.
Also, $牛来—I’m still treating it as one of the key memes to watch in this BNB Chain cycle.
Over the next few days, I won’t make my positions overly complicated. I’ll mainly focus on these 7.
Right now, I’m most bullish on these 7 coins.
After the CPI came out yesterday, I actually started turning more bullish again.
Core CPI month-over-month was 0.3%, higher than the 0.2% expected. The probability of a rate hike next week is already close to 90%. Normally, this kind of data isn’t friendly for risk assets.
But $BTC only dropped to around 76,000 at worst, and then rallied up to as high as 79,800 dollars. Now it’s back around 77,200 again. SOL is also holding above 100. UNI is even up more than 5% over the past 24 hours.
If the market were truly weak, with CPI and rate-hike expectations both weighing down at the same time, this reaction shouldn’t be all it is.
So after this pullback, these are the ones I’m mainly watching:
Around $BTC 77,200, with 76,000 being my most important defensive level.
$ZEC around $1,120. Over the past 7 days it’s still up more than 10%. The privacy sector has also been the best-performing track over the last month.
$ZEN I’ll continue to treat as a privacy position with higher odds than ZEC.
$SOL around $101. The $100 level is still being held for now.
$UNI at $6.35. It’s up about 5.6% in the past 24 hours. In this market rebound, I’ll prioritize DeFi exposure to it.
$WLD around $0.40. The 0.43 level I was waiting for has already broken down, and the price is lower now.
Also, $牛来—I’m still treating it as one of the key memes to watch in this BNB Chain cycle.
Over the next few days, I won’t make my positions overly complicated. I’ll mainly focus on these 7.