It's Monday again, and the market can be said to be very good. The mid-term trend remains optimistic; be patient. Every pullback of Bitcoin is a buildup of strength, and it's time to focus on the tokens we are optimistic about!
The weekly close in the morning shows a not-so-long upper shadow, indicating limited selling pressure above. After two consecutive weeks of strong bullish performance, there is a demand for a pullback to build strength. For those looking to buy altcoins at low positions, continue to watch for retracement opportunities around 87,000 - 86,000. Rising is not instant, but pullbacks often come more quickly, especially in a bull market which can have sharp drops, so during the upcoming pullbacks, do not panic.
The meme trend is not over yet. After PNUT's weekend adjustment, it is expected to have more room for speculation this week. This coin is undoubtedly a hotspot for the second half of this year, and there is considerable FOMO overseas because PNUT has enough narrative. Plus, there's Elon Musk!
Bitcoin's rune ecosystem DOG and others have also seen gains, with the community spreading rumors about being listed on Binance's futures market; unsure of the truth.
Fortunately, I had some chips earlier and held them for a quarter!
Treasure the SOL you have; new highs this year. This bull market mainly revolves around Bitcoin and SOL, so don't let low-quality coins trick you out of your SOL.
Recent Hotspots:
1- BTC and DOGE
2- ETH/SOL exchange rate bottom
3- MEME season
4- Nvidia earnings report (AI)
Not just the above; the cost-effectiveness of altcoins after a pullback will emerge. You can chase the news with a small position or follow the trending gainers. If there are news updates on Ethereum staking, you can chase SSV, Pendle; however, Dog brother prefers to lay low at the bottom for now. Those in the Ethereum staking series can hold long-term.
Remind yourself again, there are many opportunities in a bull market; manage your positions well. FOMO can lead to short-term gains, so watch out for DOGE.sol.
A major upward cycle generally lasts about six months, while a bronze market typically lasts about one and a half months [trend upwards].
Strong coins will follow the Bitcoin cycle, while other sectors will generally have a rotation pattern; after one wave of gains, there will be a pullback, and the fish cycle will have hotspots.
After the Bitcoin surge, wealth and outflow effects emerge, attracting capital. If Bitcoin becomes too expensive, funds will overflow into other relatively cheap assets.
Dog brother recommends these tokens with unlimited potential:
» Marlin (￥POND)
Market cap: $148 million
24-hour trading volume: $183 million
A gradually rising AI token, I have been observing some unusual buying behavior in this area over the past week.
The buying power is much stronger than the selling power. A strong rebound soon appeared.
$POND Layer0 blockchain uses TEE - Trusted Execution Environment technology.
Perform off-chain computation and put the results on-chain to reduce burden, lower costs, and simplify the complexity of direct on-chain computations.
Using Zk technology, it is evident that $POND is a purely technical project that has been developing vigorously since 2020.
Similar to PHA, regarding AI agents
- Coinbase is making bulk purchases.
- Buying power far exceeds selling power.
- Orders are also very active.
» Peanut the Squirrel (￥PNUT)
Market cap: $1.662 billion
24-hour trading volume: $2.003 billion
The leader of Political (Politics) + Meme
PNUT's phase of decline and adjustment has ended, and it is expected to soar again!
Elon Musk is really supportive, continuously tweeting about PNUT. He directly said that a squirrel and a meme coin could save America! After that, PNUT's status soared, and it is likely to become the super MEME coin of this bull market, with a market cap potentially rising to over $5 billion.
» ￥BEAM
Market cap: $1.266 billion
24-hour trading volume: $173 million
One of the key factors driving the growth of Beam (BEAM) is its integration with the Web3 gaming sector. Beam (BEAM) has partnered with WAGMI Games to bring its privacy-centered technology into the gaming industry.
This collaboration is expected to boost demand for Beam (BEAM), especially with the continued growth in the gaming industry.
As more developers and players seek safe, decentralized gaming platforms, Beam (BEAM) is expected to capture a significant market share.
Up 20.1% in the last 7 days.
