BTC experienced a rapid dip followed by a quick rebound, indicating strong buying support. A further surge to new highs is highly probable. Although indicators show a bearish divergence, the price is still trending upwards. I've adjusted my short position to around 76,800, which is close to the upper edge of the ascending channel. If BTC breaks the minor high and reaches the 76,800-77,300 range, it's a good entry point for short.
ETH is currently trending slightly weaker, but if BTC makes a new high, ETH will likely also reach 2400. I've raised my short entry range to 2430-2450, which is still the original planned short point. This pullback was quickly recovered, reducing the likelihood of a sharp drop; a further rise is more probable. I'll short before entering a short position.
In case you're unsure what to buy during sector rotation, I've listed a few major sectors first. The rotation won't be too broad; it'll mainly consist of BTC-related stocks, BSC-related stocks, and older memes. AI memes will likely also see a surge later. Those who are willing to invest can participate; those who are more conservative can simply observe.
$ASTER has been a hot topic lately, with a constant stream of positive news, yet the price just won't rise. It's obvious the market manipulators are shaking out weak hands; even if they push the price up, they'll shake out the weak hands. It's best to avoid coins with such blatant manipulation. The hype has already exhausted the supply; those already trading on exchanges will continue trading there. Since they're so keen on suppressing the price, let them continue suppressing it. Even if it rises significantly later, I won't buy a single share.
$pha: Let's test the waters. The move is already half the size, so I believe pha should be able to profit a bit. Small stop-loss. 0.037 is sufficient.
$PEPE: As the leading meme coin, its price movement has always been closely watched. The past two days have seen weak and tedious price action, clearly indicating that major players are shaking out weak hands. However, data suggests otherwise: 24-hour contract open interest surged by 20% to 228.67 million, indicating short-term funds are betting on a rebound. Meanwhile, large holders are quietly accumulating: addresses holding between 100 million and 1 billion coins are increasing their holdings, and whale holding over 1 billion coins are also slowly accumulating, showing optimism for the future. Furthermore, PEPE's previous ETF application has kept its popularity high. If you can't hold onto the contract at this level, it might be better to buy some spot and wait for the market to move.
$ASTEROID: A new hot coin has emerged today, and Jack Ma still has to look to the SOL chain. His SPACE's mascot coin, $ASTEROID, saw its market capitalization surge to 10 million within half an hour of opening. This is unthinkable on the BSC chain; the foreigners certainly have a lot of room for manipulation. Even though Jack Ma doesn't show his face much, his influence remains strong; he's still a core figure in the meme community. Another day of making 100,000 for the big players on the blockchain.
$Build and Build: Recently, projects on SOL and ETH have launched that reward long-term holders, such as UNC and ASTEROID. Comparing these, I think the Build and Build project on BSC is the most competitive. Build and Build can be considered the BNB of players on this chain. Keep an eye on this coin!
MOVR: Currently priced at 3.1, it has risen 125.06% in the last 24 hours, with a high of 4.244 and a low of 1.248 throughout the day. After stabilizing at the low of 0.978, it began a violent rebound, more than doubling in a single day, with a significant increase in trading volume. This is a strong rebound after an oversold condition, and the market is now entirely bullish. Short-term traders can place buy orders at 2.6, take profits quickly, and always set a stop-loss.
$SIREN: The big players have already started reaping the profits. Many people long today and were basically trapped. $RAVE is probably coming soon, most likely in the next day or two.
SOON: With its listing on a Korean exchange, its price is likely to strengthen. Among coins listed on Korean exchanges, some experience a brief surge followed by a drop, while others see sustained upward movement. The key lies in whether Upbit lists a USDT or Korean Won trading pair. A USDT-only listing is more likely to trigger a price surge, while the Korean Won pair will have stronger capital inflows. SOON's current price is not high; after a prolonged decline, most trapped investors have exited, resulting in a relatively clean price structure. It's a good time to look for suitable entry opportunities.
The market is constantly changing, and specific entry and exit points should be determined based on real-time conditions. Follow the trend after a breakout! No matter how high your confidence level, please strictly adhere to your stop-loss and take-profit strategies! That's all for today! Follow me so you don't get lost! QQ: 2178747366, QQ: 3530882667 (Add me with a note, and I'll add you to our learning and discussion group).
