Yesterday's Market Review
The last few days at the end of the month were dominated by shocks, with pressure levels pulling back and support levels rebounding, with range fluctuations. Yesterday, the opening price of the BTC was 67652, the highest price was 69500, the lowest price was 67128, and the closing price was 68352, with an increase of +1.03% and an amplitude of 3.51%; the opening price of the second cake was 3767, the highest price was 3825, the lowest price was 3702, and the closing price was 3747, with an increase of -0.52% and an amplitude of 3.26%. The intraday fluctuations of the BTC and the second cake were around 3.5%!
Today's market analysis
On the last day of the month, the monthly line is about to close. The intraday market is still expected to fluctuate within the range. The current BTC price is around 68,500, and the price of the second cake is around 3,750. It fell for a month in April and adjusted for a month in May. I believe that June will have a good market month. At present, there are not many negative factors in the overall market. Small-scale fluctuations are not enough to affect the general trend. On the contrary, the upcoming positive factors are more likely to drive the market! The distance between the BTC and the second cake is about 10 points from the new high. It will break through at any time!
Funds are rotating, sectors are replacing, and funds in the Meme sector are obviously transferring to other sectors. Yesterday, the primary market runes ushered in an explosion, Dog broke through a new high, and the secondary market inscription sector Ordi and Sats successively pulled up!
DOG
$dog has been rising for so many days, but its market value is only over 600 million US dollars. Dog is the next ordi. And the chips are more dispersed and fairer than ordi. It is expected to increase 10 times by the end of the year.
The current neglect of runes is the same as the neglect of the etheric ecosystem some time ago.
Ethereum meme exploded 14 times in three months, and its market value reached 7.1 billion US dollars, surpassing the market value of old tokens such as MATI and UNI.
As the first meme coin in the Bitcoin ecosystem, $Dog, its future market value of 4 billion in a bull market is a very conservative estimate.
$PUPS
The Bitcoin version of "WIF" is the first MEME coin on Bitcoin and the first BRC-20 airdrop on Bitcoin, and has been "shill" by the well-known Solana KOL Ansem.
There is also significant demand surrounding the PUPS token, which is minted on BRC-20 but will be “migrated” to Runes after the protocol launches through a burn and mint process. As of this writing, the price of PUPS has surged over 1,600% in the past two weeks, indicating ample demand for Bitcoin rune-inspired tokens.
ORDI
Ordi coin is a digital currency based on blockchain technology, which aims to create a decentralized financial ecosystem. Compared with traditional currencies, Ordi coin has higher security and anonymity, providing users with a more convenient and faster payment method. The total issuance of Ordi coin is limited, which also makes it scarce in the market, further promoting the growth of its value.
Audi ORDI fully unlocked 21 million tokens, with a market value of only 800 million, and is the leader in the inscription sector. It was issued in the stage of accumulating funds from bear to bull, and has not gone through a complete bull market, so the upward space is unimaginable! Technically, after two or three months of washing, the bubble was cleaned up very cleanly, and the bottom was sideways to absorb funds. The chart shows a triple bottom pattern, and there may be a 30% pull-up in the short term!
JASMY
JASMY coin is a cryptocurrency based on blockchain technology, so it is highly secure. The distributed accounting and encryption mechanism of blockchain technology ensures the transparency and tamper-proofness of transactions, effectively reducing the risk of fraud and data tampering.
The value of JASMY coin will be driven by user demand. With the increase of digital payments and cross-border transactions, JASMY coin is expected to be more widely accepted and used as a convenient payment tool. Users' demand for safe and efficient payment methods will further promote the development of JASMY coin.
In addition, JASMY coin has a wealth of partnerships, including commercial organizations, government departments, etc. The support and cooperation of these partners will further expand the application scope and user base of JASMY coin.
Summarize
The copycat sector will follow the mainstream consolidation and pay attention to popular information. It will wait for the mainstream to start in June. The copycat sector will fully follow the news around the European Cup and follow up on the coin series as appropriate.
Pay attention to PORTO, LAZIO, and SANTOS . If there is still no start in early June, trade with Liu Wei: mcty577 to clear out the position and leave the rune market. The trading volume has increased, so pay attention to runes.
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