Changes are happening so fast, the market changes quickly, follow me and you won't get lost!
My most direct feeling about the market these days is: $ETH is becoming the true protagonist of the market. Bitcoin is still oscillating at high levels without a clear direction, but Ethereum has already stepped up to 3400, reaching the target I previously set as expected. This is not a coincidence, but external incremental funds actively changing direction: BTC has risen too much and is moving sideways, while $ETH has become the best offensive target.
$ETH rises, everything takes off
This wave of $ETH's strength directly ignited the market's sentiment, especially Altcoins. In the past two days, #FLOKI, #CAT, #CRV, #BONK were the first to take off. If $ETH can stabilize around 3400, those high-quality #DeFi projects still at low levels will gradually make up for gains. Simply put, $ETH is setting the rhythm now, and the market is just beginning, not ending. On-chain transactions are becoming lively again, and many people are returning to explore potential coins. The only advice is: don't play PVP, you can't compete with machines.
The current market stage has shifted from "certain entry" to "structural observation". Those who missed the pump, you can wait a bit longer!
Looking at the medium term, #BTC whether it will pull up again depends on whether it can oscillate and form a new structure in the next few days; while #$ETH has completed a five-wave rise with medium-term targets in place, whether it will extend further depends on the follow-up volume.
My suggestion is - observe more, move less, and start selecting and switching positions!
Solana is making up for gains, benefiting all Altcoins
I've been paying attention for a long time, and it finally made up for gains, which can be considered "the old bull turning over". Additionally, with US stocks steadily rising last night, Circle and Sbet's stock prices both pulled up, the rhythm of US stocks + crypto dual-drive is back. More critically, SBET has become the company holding the most $ETH in US stock institutions. Recently, although the $ETH Foundation and three other institutions slightly reduced holdings, five institutions are significantly increasing holdings, and SBET is one of them. This wave of $ETH's takeoff owes much to their contribution.
Speaking of SBET, let me tell you about recent small changes
Yesterday, I closed my previously set partial positions of $ETH and $UNI, and adjusted my positions: I bought a little #SBET and sold $NEIRO to focus on #WLFI. The latter is about to start trading and is more likely to suck blood from other market projects compared to previous $PUMP.
Additionally, Aspecta announced token total supply yesterday, and TGE should be coming soon. There's a Binance Alpha new token launch tonight👇🏼, using the old method: badge + key for full unlocking. Last time $BULLA was multiplied by ten times, this time I'll continue to charge.
Wallet new token launches, airdrops, and trusts are coming
The new wallet launch mode went online last night. After adjusting the points mechanism, one order can sell up to 500u. My points are not enough recently, so I need to start replenishing. The meat is too delicious to resist. Also, $BNB holders airdropped 581 $ERA, which will open at 11:30 tonight with only 14.85% circulation, worth paying attention to.
What surprised me most is that Grayscale officially launched a trust product for Space and Time ($SXT). This company has always bet on structural opportunities, such as BTC, $ETH, LINK, SOL, which are infrastructure-level assets. Grayscale's selection of $SXT indicates that the "verifiable off-chain computation" track has gained recognition from traditional capital.
Especially under the new narrative of AI, RWA, DePIN, off-chain process verification is the next rigid demand. Grayscale is ahead of the curve, and $SXT is worth everyone's close attention. Don't be scared away by high rises, and don't blindly chase high prices.
The strategy at this stage is: choose direction, switch chips, and wait for the next wave of outbreak. The market has just begun, and the real crazy run might still be ahead... That's it for the article! If you're feeling lost in the crypto world, consider joining my community to layout and harvest with the market makers! You can join the community via WeChat+QQ group for market analysis, Altcoin operations... WeChat: c13298103401 or QQ: 3806326575
