Trendaavat aiheet
#
Bonk Eco continues to show strength amid $USELESS rally
#
Pump.fun to raise $1B token sale, traders speculating on airdrop
#
Boop.Fun leading the way with a new launchpad on Solana.
After some consideration, I think there will be quite a bit of volatility this week. I took profit on the previous $ETH I bought at 3630. I’m holding $ZORA because it has a low cost, and I just established a position in $BONK yesterday with a clear stop-loss, so I’ll hold onto these two and see how it goes. The other positions are too small, so there’s not much to discuss.
The overall strategy is still to reduce my exposure to holding risks.
26.7. klo 13.17
The market is dynamically changing.
Do you remember when the German government sold $BTC (around this time last year)? The market sentiment was "the sky is falling," and the BTC price was continuously declining. Now, this ancient whale is even more significant, with larger and more exaggerated sell orders, but the BTC price has shown more resilience in this round of dump compared to last time—there was no significant price drop even after all the selling.
Understanding the different dynamics of the market in the same scenario helps us grasp the current trend we are in.
Another dynamic change in the market is the performance of $ETH after sell orders were withdrawn from above—it performed better than BTC, not dropping below 3500, and quickly rebounded to over 3700.
Different price behaviors reflect the market's varying expectations for the future. With no major negative expectations after selling off the coins, I will regain my optimistic outlook on the market's future price performance.
run it higher
The competition for $ETH is actually quite intense right now, with strong buyers and strong sellers. This might lead the market to feel that ETH is not easy money, and most are just observing.
However, looking back, when a certain trade seems like easy money, most market participants end up losing money. I don't have a long position in ETH, but I have a feeling that ETH will break $4000 in the first week of August.
$BONK has been stopped out, and now I hold $ZORA. I'm still considering a few other coins. Once I clarify my thoughts on these coins, I will provide an update. If I don't open a position, I won't update.
34,96K
Johtavat
Rankkaus
Suosikit