$BTC stable around $76,000
The real “shanzhai season” might be coming

In the past few days, BTC has basically stayed around $76,000.

Inflation, US bond yields, and rate-hike expectations have been continuously pressured down, yet BTC still hasn’t broken down further. As long as BTC can hold within this range, I’m actually going to focus more on capital spreading into shanzhai coins next.

It’s already very obvious recently.

BTC is still moving sideways, while ZEC has been pushed all the way from 1,130—1,150 up to above $1,400. ZEN has also returned from the $6 range back above $7.

For this round, I’m especially bullish on three: $ZEC , $ZEN, and $UNI .

ZEC is seeing concentrated funds in the privacy track, ZEN is benefiting from price elasticity brought by small market caps, and UNI is seeing DeFi capital returning.