What’s going on with Sol—why hasn’t it dropped and has instead made new highs?
The project team suddenly announced good news: it launched the Alpenglow testnet, which will significantly improve the Sol network’s speed. The transaction finality time has been compressed from about 12.8 seconds to about 150 milliseconds!
The climb begins! Is Bitcoin falling, or has the official rebound arrived?
1. Bitcoin’s next week risk warning This round of the crypto market and US stocks rally was mainly driven by the China-U.S. meeting. After it was finalized on Wednesday, the market had already priced in the good news and weakened. Tonight’s itinerary for the U.S. visit will be completed—then is when the market will truly be tested. 2. Review the historical market trends in May In May this year, Trump visited China: the early period saw continuous strong gains. On the day he arrived in Beijing, BTC pulled back, but since the visit was not over yet, the decline was limited; the real drop happened after the visit ended. 3. After the visit ended back then, Bitcoin plunged directly by 20,000 points Based on historical precedent, in the next 5 trading days after the end of this U.S. visit, downward pressure will increase significantly. 4. But the broader environment is different This time it’s a bull market, and May was just a bear-market rebound. Therefore, the depth and duration of any pullback are very likely to be less than last time. You should also consider gradually buying the dip in tranches. 5. Right now, after the three coins pulled back to support, they’ve already rebounded Price levels have validated that the support is effective, but the pullback on Wednesday may not be completely over. Don’t be careless—while capturing rebound profits, still guard against a second dip. 6. Trading strategy Continue executing the staged positioning. Besides the setup near 83,000, place conservative buy limit orders at lower support levels in advance, and be fully prepared.
Is it starting to drop? Institutions quietly take profit on Bitcoin! Where is the target for this pullback?
1. On the Bitcoin level, the positives have essentially been realized. This round of market movement was driven by expectations of a U.S.-China meeting; once the visit to the U.S. is carried out, the good news is effectively “all used up,” and whales have already taken profit and exited the market. After the pullback, where can you buy the dip? 2. The key to watch is 83,000. The 82,000–83,000 range is the former W-bottom neckline; after a breakout, it will most likely pull back to confirm before moving higher again. Another support is at 80,000—consider placing long orders in batches. BTC has surged by 20,000 points this round, so be prepared for a potentially deeper pullback. 3. Ethereum: Strong support at 2,535, and a minor short-term support at 2,640. Whether for a short-term rebound or a long-term position, you can focus on these levels.
The Clarity Act was rejected, but the SEC opened an even bigger door for Bitcoin? Just last Wednesday, after Congress flat-out rejected Clarity, the SEC suddenly made a move and rolled out a five-year “innovation exemption,” allowing eligible platforms to truly move U.S. exchange-listed stocks like Apple and Nvidia onto the blockchain for trading—including dividends and voting rights. In other words, whether the Clarity Act passes or not doesn’t matter. I’ll just treat it as if it passed—because the SEC says so! Look at this—this is official, national-level backing, and the market has already answered immediately: Bitcoin is back above $80,000, rising more than 5% at one point during the day. Crypto-related stocks rebounded in sync. Add the recent positive developments from a U.S.-China meeting, and the trend immediately starts to reverse. Bitcoin then quickly tests the major double-top resistance again around $82,000. What’s even more interesting is that before the SEC’s announcement, the always-stubborn JPMorgan quietly flipped its stance. It said: Bitcoin ETFs are currently still weighed down by a whole bunch of shorts and hedging positions. Once those positions ease and begin to unwind, Bitcoin’s upside momentum could even be more ferocious than gold. So the situation right now is this: Congressional legislation can’t get through for the time being, so the SEC and CFTC will push forward using their regulatory authority instead—and the end result is the same! On top of that, Clairty will also review the decision again in a few months. By then, the crypto market will definitely catch another wave of heat—could we be talking about a 10,000-point surge?
Up, up, up—up! The leaders of China and the United States will meet next week, and this is a big positive. If it rises back near the previous high, or before the 24th meeting, you may consider taking partial profits.
The strategy direction is already clear: Spot first—enter in batches at 75,000 and 73,000, further improving fault tolerance; At the 75,000 level for futures, we’ve repeatedly “harvested” there multiple times. Missing once is fine—wait for stronger support at 73,000; ETH support reference: 2360, 2200.
Once a deep drawdown of 20% or so arrives—like a sudden bloodbath—this kind of “golden falling” window must be boldly used to build positions.
Simplicity is the ultimate sophistication. This strategy is simple yet very effective: sell when crowds are loud, buy when no one is paying attention. After successfully escaping the top at a high level, the main task now is to gradually take back the chips on dips. After that, when you encounter good trading opportunities, jump right in. For long-term positioning, hold steadfast; for short-term gains, also seize the moment.
$BTC Bitcoin drops to a new low— is this a sign that the downturn is beginning? I’m going all-in on this level to buy the dip! The Clarity Act failed—when will the next vote be? Get prepared in advance, because it will rise again before the next vote! Let’s talk about where BTC, ETH, and SOL go next