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Is BTC soaring through the ceiling, and ETH enjoying a major uptrend? What's the future of altcoins? Here's a guide to trading SOL, ENA, SLERF, and other altcoins!

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BTC today strongly broke through 122,000, just 900 away from the historical high, and ETH also steadily stands at the 4,300 mark. The market is bustling, but many people miss the pump: some sell at the slightest rise due to the "Ethereum shadow" of the past two years, missing the high point; others still hold onto dormant altcoins, watching the market's new high with anxiety.

Is a new high for Ethereum possible?ETH has entered an ascending box from a one-sided rise. The short-term key is at 4,150; if it effectively rebounds after retracing to this point, the first target is 4,325, and breaking through could push it to 4,490; if it falls below and forms a descending box, the upward structure will be destroyed.

Pay attention, today analyst Orbion warns that the current capital rotation pattern (BTC→ETH→small coins) is exactly the same as before the peaks in 2017 and 2021, expecting BTC to peak in September and fall back to $55,000 by the end of October. Axel Bitblaze believes that after breaking 4,200, it has entered the "Ethereum season", but the comprehensive "altcoin season" has not yet arrived. In the view of the small cat, the current altcoins are a "selective bull market":

  • Medium-term main line: Ethereum ecosystem L2 (#ARB, #OP, SNX) performs strongly;
  • Growth track: AI sector tripled in two years to $15B, #WLD, #TAO have both funding and innovation drive;
  • Long-term base position: #XRP, #AVAX, LINK, ALGO, #DOT and others have cross-chain interconnection and infrastructure value;
  • Short-term outbreak: Meme sector has high volatility, #BONK gains attention through community and technology.

Remember: Don't chase rises and kill dips, but learn to see hot spots and trends in advance. A rising market doesn't mean all coins will rise; choosing the right direction is the key to winning in a bull market.

Currently, BTC, ETH, and BNB have all created new highs for this year, while SOL is still trying to catch up.

SOL has 6 consecutive positive days, V-shaped counterattack breaking through moving average suppression, MACD turning upward, and once the golden cross occurs, it may rush to 200.

BTC returns to previous highs, and the small coin catch-up opportunity that the small cat just focused on on Saturday has arrived. Original article reading:Ethereum rocket sprints to a new high! SOL, Bonk, Pengu receive another great benefit, another money-making opportunity arrives? Will CPI data be the final trigger?

#PENGU is currently 0.041, expected to return to previous high of 0.045

#ENA we entered at 0.72, reduced some in the middle, this time it might reach around 0.89 and we'll exit completely.

#Sui is currently 3.94, might rise to around 4.2

I'm not too brave to enter before Bitcoin rises, small coins have large space but high risk, recommend spot or low leverage, stay stable and wait for a pullback before entering.

Let's look at today's hot coin dynamics:

#SLERF: The sloth Official Twitter says it will restart, with clear signs of main force accumulation, market cap only $30 million, dumping makes no sense, 1-2x rise opportunity is high, I've also hoarded some.

#PEPE: 4-hour Double Bottom pattern, breaking 0.00001250 can look at 1350-1450, losing EMA 9 risks further downside;

#DOGE: Short-term rebound but heavily influenced by meme sentiment, highly volatile, small target of 0.23 reached, next can raise stop loss and wait for a wave.

Although the market is hot, position and rhythm are more important. Don't be bound by inertial thinking; miss once, and you might miss the entire wave.

That's all for now! If you're still unclear in the crypto, why not plan with me? Wait for you, otherwise you might be the one standing on the other side of the next market wave. WeChat: c13298103401 or QQ: 3806326575

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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