A new week begins, and the market welcomes an accelerating upward rhythm
This wave of growth is not a coincidence, but a choice by the main forces to let the market trade freely. Scattered funds and fluctuating emotions lead to this chaotic up-and-down trend. While some fear falling and hesitate to enter, no one is truly dumping, so it cannot drop. #BTC and #ETH have already previewed the direction: short bearish is just an adjustment, the main theme is still bullish. Today's market trend validates the view - big and small brothers are strongly united, the direction is "bullish", don't hesitate. In terms of operation:
- Predict #SOL and #BNB's bullish trend
- Don't trade too many spot positions, select three core cryptocurrencies
- Do not exceed two trend points, seek stability and victory
#ETH has reached 3900, many are still waiting, resulting in being left behind. With the current sentiment, breaking 6000 is not a fantasy. Slow growth is the strongest strategy, especially when the previous high (4100) is near. Once broken, the logic will completely switch.
#BNB's heat continues to rise. There are rumors that BNB stock fundraising is in high demand, but I value its structure more: a typical ascending triangle breakthrough pattern, targeting 2720. If this rhythm truly emerges, it's nearly a 3x space, and we both know who the main force is.
Looking at the big brother #Bitcoin, last Friday Galaxy Digital acquired 80,000 old whale coins, subsequent selling caused short-term panic, about 33,000 BTC were sold at a loss, forming a local wash. But it didn't deeply drop, indicating strong support.
From an options perspective, last Friday's 12.3 billion options settlement moved the maximum pain point to around 112,000 - such "coincidences" are too many, actually controlled by main forces at liquidity points. Additionally, open interest surged to 44.5 billion during a big drop, further proving this is an organized chip transfer, not a market collapse.
ETH and BNB's performance shows market hotspots are shifting. L2, platform coins, and MEME sectors are all active, and maybe one day a low-market-cap coin will suddenly double. This week we'll focus on two core factors:
- This week is month-end and coincides with data week - Federal Reserve meeting, Powell's speech, interest rate resolution, all variables that amplify market fluctuations.
- Some altcoins are about to face massive unlocks, be cautious of recently surging coins, don't chase the last 10%.
From a broader perspective, institutions are frantically adding positions. MicroStrategy announced raising 2.5 billion through bond issuance to continue buying Bitcoin. 35 listed companies now hold nearly 900,000 BTC, with holdings becoming more distributed, beneficial for long-term health.
The current market is not a top, nor a time to cash out, but a bull market's third wave continuation structure. By mid-August, it may accelerate again, and I'll selectively take partial profits by late September. Remember, follow the trend, don't treat rebounds as selling points.
Opportunities are right in front of you, miss them and wait another cycle.
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