Waking up early, BTC reached 103,000, ETH hit 2,200 today, and the crypto market exploded! BTC just broke through the $103,000 mark, rising 2.61% intraday! This surge is truly heart-pounding!
Let's talk about the market trend. Recently, the entire crypto market feels like a storm is brewing. As the leader, BTC's strong upward momentum feels like a shot of adrenaline for the whole market. Those "HODLers" who have been holding BTC are probably ecstatic, as the price keeps rising and their wallets are instantly fattening. From a technical analysis perspective, BTC breaking through the key resistance level of $103,000 is significant. This might mean it's about to start a new round of price increase.
From a technical perspective, the daily chart shows a strong posture and has firmly stood above 100,000 Support level: 100,000 (market psychological barrier), next target: 105,000–110,000! Short-term bullish momentum dominates, today's focus is on going long: BTC pullback to 100,500-101,000 with target: 104,000-105,000 USD
ETH: Price trend continues upward, with shorts being squeezed continuously. ETH rose over 20%, outperforming most Altcoins. Support 2010-2030/1912, temporary resistance 2285/2343/2403. Current resistance is not a short position, do not short. Key points 2094/2153/2215, observe main force changes during the day!
SOL attention Support 133/140 resistance 167/210 key level 167, keep monitoring!
BTC rebound five factors: 1. Improved policy environment: Favorable regulation and tariff easing; 2. Federal Reserve's mild signal: Rate cut expectations; 3. Market confidence recovery: ETF fund inflow and whale accumulation; 4. Institutional and government support: Bitcoin reserve trend; 5. Technological and ecological progress: Crypto market's internal driving force. Market highlights: 1. Public chain ETH surged, ETH ecosystem projects leading, including meme Pepe, neiro, moodeng, ecosystem eigen, ethfi, ena, etc. 2. Public chain Sui surged, the most aggressive recently. 3. AI virtual, fartcoin surged. Virtual's new staking launch mechanism is a Ponzi flywheel.
Bitcoin's rebound has completely turned into a reversal～ Currently still in strong A-wave uptrend, with B-wave correction coming. The best advice now is to find some leading Altcoins for supplementary rise, rather than blindly shorting. Today's strategy continues to go long on dips. We can expect continued sentiment from event stimulation. BTC in oscillating uptrend. If $ETH's staking application starts getting hyped, that would be even better. $PEPE might benefit again. After all, during last year's ETH ETF approval, $PEPE had a surge. This doesn't mean chasing high now. It's already more than doubled compared to April. Ethereum ecosystem coins with high rebound potential: ETHFI, OP, SSV, IMX, LDO, VELODROME, AAVE, PENDLE
This trend came a bit fast, we previously expected June～ Since the reversal trend has arrived, Altcoins will go crazy, especially AI and MEME～ These two sectors have large gains. In this cycle, MEME and AI remain mainstream narratives, remember: eat and run. AI: VIRTUAL, GRASS, TAO, RNDR, Aixbt MEME: Gorilla, jager, pepe, doge, ban, TRUMP $Gorilla Old Chen has been mentioning in recent articles. Those who followed ate meat. Strong market maker, very clever wash, basically absorbed most retail investor chips, washed away timid paper hands, now pulling up is easy
@mubarak_cto has been listed on multiple T1 exchanges, helping @Gorilla_CTO quickly achieve this goal
Strong market maker, strong community, haven't seen a project that can build together for a long time, will run with the community. Leave contact, check homepage
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That's all for today, I'm Dao Le Ge, everyone can follow daily article updates!
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