If the second round of the bull market comes, various cryptocurrency sectors may be active in turn, and many projects may experience a 5-10 times increase: 1. AI sector: covering ARKM, AR, RNDR, FET, AGIX, NEAR, LPT, NFP, WLD. 2. Meme sector: such as BONK, WIF, PEPE, FLOKI, BOME. 3. SOL ecosystem: including SOL, JUP, RAY, JTO. 4. RWA sector: representative projects such as Ondo. 5. Ethereum (ETH) ecosystem: including ETHFI and SSV. 6. Bitcoin (BTC) second-layer network: such as STX. 7. Game finance sector: involving YGG, GALA, MAVIA, IMX and other projects. 8. Public chain sector: including DOT, FTM, MATIC, SUI, SEI, APT, etc. 9. Halving sector: such as ETC and LTC. In this market environment, the performance of various sectors and currencies will depend on their fundamentals, technological innovation and market sentiment.
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July 3 Bitcoin Early Market Strategy Update Market Strategy After the bullish pattern breaks, the overall trend continues to be bearish, with shorting on rallies as the main strategy. Shorting Strategy Start shorting when a peak signal appears near $61,800. Short again when a short-term peak signal appears near $62,000. Target price: First look at $61,000, and if it breaks through, look at $60,000. The target is $59,000 after further breakthroughs, and $58,000 if it continues to break down. Bottom-picking strategy (low-to-long thinking) Perform long orders near $58,000. Enter the market again to go long when a stop-loss signal appears near $57,800. Target price: First look at $58,500, and if it breaks through, look at $59,000. The target is $59,500 after further breakthroughs, and $60,000 if it continues to break up. The above views are for reference only and do not constitute investment advice.
Analysis of Ethereum market on July 3: Technical structure analysis On the four-hour level line, the Bollinger Bands are slightly open, the K-line runs below the middle track, the MACD double lines cross downward, and the short energy column runs in large volume. On the one-hour level line, the Bollinger Bands are running in a narrowing pattern, the K-line is also below the middle track, the MACD double lines are running in a sticky pattern, and the short energy column is running in a shrinking pattern. Operation suggestions Based on the above technical indicators, the intraday operation strategy is mainly to arrange the callback low and long. The above analysis is for reference only. Please refer to the actual situation for specific operations.
7.3 Bitcoin early trading strategy technical analysis: Bitcoin bottom signal appears, yesterday's high-altitude strategy has been realized, and today it is recommended to focus on low-multiple ideas. Low-multiple strategy: - Carry out long orders near $61,500. If a stop-loss signal appears near $61,800, enter the market again to go long, with a target of $62,000. After breaking through, look at $62,500. If it continues to break through, look at $63,000. If it breaks through further, the target is $64,000. Short-selling strategy: - Start shorting when a peak signal appears near $63,500. If a short-term peak signal appears near $63,200, enter the market again to go short, with a target of $63,000. After breaking through, look at $62,000. If it continues to break through, the target is $61,500. If it breaks through again, look at $61,000. The above views are for reference only and do not constitute investment advice#BTC突破7万大关 #BTC☀️
Market sentiment is generated in pessimism and grows in doubt (at the current stage). At present, the bottom of Bitcoin (BTC) has been formed in 1 to 4 hours, but the bullish pattern has not yet been established. This is not a problem that can be solved by simply rising, but it takes time to stabilize the market chips and re-wash the market, that is, the stage of growth in doubt. For the medium and long-term chips of mainstream cryptocurrencies, you should enter the market at the right time and don’t panic because of illogical short-selling remarks. Investing in cryptocurrencies is a personal decision and should be made independently.
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At present, L2 technical capabilities are still the key, but at the current stage, the most important thing is operational capabilities, including how to use token incentive mechanisms efficiently and finely, and how to attract developers in the ecosystem. These measures will eventually be reflected in the real prosperity of applications within the ecosystem. Relying solely on memes cannot be sustained for a long time. From this perspective, Arbitrum, Optimism, zkSync, Blast, StarkNet, etc. still have opportunities, but the premise is that the team must fundamentally attach importance to these operational capabilities. At present, except for Blast, other L2 solutions do not seem to really attach importance to this.
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Currently, Bitcoin (BTC) continues to fluctuate around $63,000. This position is crucial and will determine whether BTC can get rid of the downward trend and enter a volatile or rising phase. Currently, the price of BTC is around $62,700, with limited room for correction and large resistance above. It is still in a state of consolidation in the short term, and we will continue to observe the rebound short strategy today.
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The weekly structure has already confirmed a rebound, but the strong support level of 60,000-58,500 is still an important support area. The weekly line has failed to break through this support level many times, which is why there is no plan to chase shorts near 60,000 in the past few months, just like not chasing longs near 71,000. Despite this, the current weekly and daily structure of Bitcoin still shows that shorts are dominant, and rebounds do not mean reversals. Just one bad news may completely break through the support level of 60,000, and then the bulls will be in a state of flight. I mean the overall market trend, not the short-term fluctuations of a few hundred dollars, but the trend of more than a month or even a quarter. Therefore, every time I bought the bottom below 60,000 or made a medium-term short position above 71,000 in the past few months, it was well thought out. Now you can consider shorting Bitcoin on rallies, and wait until the National Day in October or even the end of the US presidential election in November, and then consider laying out long-term long positions. There is a big difference between short-term long and short positions in the band and long-term configuration. Today's key pressure level is still in the 63500-63800 area, and the extreme pressure level is 64500. On the daily chart, the high-rise fall confirms the pressure line, and the weekly dead cross has fallen continuously. Don't be too optimistic about the bull rebound.
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If SOL is also likely to be deployed through ETF, the following tokens should be paid attention to at present: BOME: This is a project that can be listed on Binance exchange within three days. It is considered to be the second frog project and its potential is similar to PEPE. If PEPE is compared to DOGE, then BOME with a smaller market value is like SHIBA of the year. History will not repeat itself completely, but the similarities are surprising. WIF: As the first globally sought-after MEME coin in the SOL ecosystem, WIF enjoys extremely high popularity. JUP: In SOL transactions, JUP aggregator performs best. Compared with RAY's performance issues, JUP has solved this challenge. As the price of SOL rises, JUP also has good growth potential. The above tokens are worth paying attention to, especially in the context of SOL's possible entry into the market through ETF.
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In the second half of 2024, the following 5 altcoins may bring rich returns and are worth paying attention to: Oudi (ORDI): It is recommended to buy and hold in the range of 38 to 20, with the ultimate target of 57 to 63. Only by breaking through 63 strongly and maintaining stability can it be possible to reach the previous high of 90. Solana (SOL): 128U is a strong support level, and the long-term pressure target is 173U. After breaking through this level, it is expected to rise to 200U. It once fell to the single digit 9u in the bear market. If it can return to this price in the future, it may be an opportunity to make a fortune. ASI (not yet online, formerly FET): It is recommended to buy below 1.4U and hold for a long time, with the goal of doubling. People: It is recommended to buy and hold without thinking if it pulls back to around 0.046 before November. PEPE: The long-term investment point is 0.000005 (6 zeros). It is recommended to buy and hold without thinking until it doubles. Overall, these five altcoins are currently attracting the attention of institutional and individual investors, and are the currencies that are being added to the wishlist in the short term. If they return to your set purchase position in the next period of time, they may bring rich returns in the second half of 2024. However, before investing in any currency, it is crucial to conduct sufficient research and weigh your personal risk tolerance.
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On the second day of July, the cryptocurrency market failed to continue yesterday's rebound, but instead showed a slight volatile downward trend. In early July, there will be a series of important events, including the release of major economic data and the Federal Reserve's interest rate decision meeting, which will directly affect whether the Federal Reserve will cut interest rates. Of particular concern is a recent announcement that Mt. Gox, the world's largest cryptocurrency exchange, which filed for bankruptcy in 2014 due to a hacker attack, is about to begin repaying users for a large amount of bitcoin lost. Analysts believe that users who receive compensation may trigger a wave of cryptocurrency selling, and July may usher in up to $9 billion in bitcoin selling pressure. In addition, July will also face the problem of large-scale unlocking of altcoins, which is also one of the important factors in the market. Therefore, July will be a month full of uncertainty, and the operation suggestions focus on changes in the news, which is suitable for swing trading strategies.
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Five projects worth watching in the bear market In the future bear market, if you can only pay attention to five projects, you can consider the following: Bitcoin (BTC) Ethereum (ETH) Solana (SOL) Toncoin (TON) Worldcoin (WLD) 1. Bitcoin (BTC) As the pioneer of the cryptocurrency market and the digital asset with the largest market value, Bitcoin usually shows relatively strong resistance to declines in the bear market. 2. Ethereum (ETH) Ethereum's smart contract platform and huge developer ecosystem enable it to maintain strong potential in market fluctuations. 3. Solana (SOL) Solana is known for its high performance and low transaction fees. It is a public chain project worthy of long-term attention. 4. Toncoin (TON) Toncoin currently shows the characteristics of not falling or rising, and has potential value, but its FDV (fully diluted valuation) is high and the concentration is high, so it needs to be carefully watched. 5. Worldcoin (WLD) Worldcoin also shows similar characteristics and has potential value, but its market performance is stable, and its future development is worth paying attention to. In summary, these projects not only have strong technical and market foundations, but also have strong resistance to declines in a bear market.
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Good morning, a new day, a new mood🌞 Yesterday's market started to fall after breaking through 63800 twice. The four-hour chart shows that the bullish trend is still increasing, and the Bollinger Band opening has turned upward. It is recommended to consider going long today. Operation suggestions: - Bitcoin (BTC): Go long in the 62300-62500 range, with a target of 64500.
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According to historical Bitcoin price data from 2013 to the present, in the past several cycles, including 2013, 2018, 2020, 2021 and 2022, Bitcoin usually showed a downward trend in June, and then July tends to see significant price increases. Given Bitcoin’s poor performance in June 2024, there are signs that Bitcoin may show positive trends in July this year. The recurrence of this pattern may trigger optimistic expectations for Bitcoin's future performance.
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Bitcoin's momentum is extremely strong, and it will show something sooner or later. You continue to wait and see [laughs]. After lying for half a year, now is the time to act. The second half of the year will bring you abundant opportunities. Wait until the timing I mentioned is approaching before taking action. 🍗 WIF, PEPE, ENS, SOL, Dogecoin, Bitcoin... These are all worth paying attention to in the initial stage. No more to say. This is actual combat, not empty talk.
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Bitcoin's momentum is very strong, and it is destined to shine. You can continue to wait and see. I have been waiting and watching for half a year. Now it is time to take action. The second half of the year will be a period full of opportunities. Operate near the positions I mentioned. For cryptocurrencies such as WIF, PEPE, ENS, SOL, Dogecoin and Bitcoin, we have already made comprehensive arrangements in the preliminary stage. This is a real practical effect, not just talk.
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Bitcoin's momentum is very strong, and it will show up sooner or later. We have been on the sidelines for half a year, and now it's time to take action. The second half of the year will create a lot of opportunities for us. Take action near the position I mentioned. For cryptocurrencies such as WIF, PEPE, ENS, SOL, Dogecoin and Bitcoin, we have initially made a comprehensive layout. This is the result of actual combat, not a game of words.
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The real pull-up has begun. This month is the time for investors who were cut off before to find a way to get their money back. In fact, except for specific entry opportunities, many mainstream altcoins are at the bottom. I mean those projects with potential, not worthless dregs. If you can calm down a little, many currencies can enter the spot market through the ladder without paying attention to the price. Observation: ENS, PEPE, People Coin, ZRO...
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Bitcoin's momentum is very strong, and it always performs well. We continue to wait and see, and take action when it reaches the location you specified. 🍗 Wif, pepe, ens, sol, Dogecoin, Bitcoin... all attention in the initial stage. This is actual market action, not empty word games.
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On the 4-hour chart, PEPE has issued a yellow signal at 1 a.m. today, indicating a long buy point. If it successfully stands at 0.00001154 at this moment, PEPE's market value may exceed Litecoin (LTC). According to the software instructions, it is recommended to collect profits when the next yellow dot appears. It is currently in a long buy point state, and the expected pressure level is around 0.00001349. The support level to pay attention to is around 0.00001052.
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