Report on the situation of alts.
The altcoin market capitalization and exchange rate have pulled back for several weeks in a row, and are now approaching previous lows again. Whether the correction will continue this week, I think it will take a month or so to observe.
From the perspective of liquidity:
The delay in the arrival of the altcoin season was largely due to the on-chain market siphoning off too much speculative liquidity, for example, when Pumpfun issued coins, it was very popular and attracted a lot of attention and funds. Now the on-chain activity is not as vibrant, and even Pumpf

Does altcoin still have a chance to rise???
Here, the altcoin refers to other coins besides Bitcoin and Ethereum. I think it depends on how the projects behind these coins are developing.
If a project continues to advance and build, even if the token's empowerment is slightly lacking, I still believe there is a chance to make a comeback---at least the price will be higher than it is now. Many DeFi projects that have been continuously developing are of this kind.
But if a project hasn't been updated or made progress for a long time, then the future outcome of such altcoins will be a spiral to z

The Conspiracy of Ethereum: Understanding the Big Picture and Summarizing the Market Maker's Trading Logic of Ethereum
1. ETF listing serves as a bait, price halved to wash out chips
When the Ethereum spot ETF was just approved, the market was filled with cheers, but the price plummeted to around $1300, a drop of 70%. This is a typical "washout" - the main funds attract retail investors with good news, and then dump the stocks to gather shares. The market cap has fallen close to the total market cap of stablecoins in its ecosystem, which is its fundamental bottom line.
2. Rebounded from 1300

Why I've always been optimistic about $ETH
Ethereum is currently the strongest smart contract in the universe. Currently, less than 2% of its functionality has been developed.
ETH will eventually reach 10,000 each, 20,000 each. Once you buy it, hold on tight and don't let go easily.
It's really not too late to buy now. A great opportunity; if you have the money, buy half of ETH and BTC each, and then go to market making.
The returns are also around 4%-7%. Don't let the coins in your hands go to waste.
Since ETH switched to PoS, a staking mechanism has been introduced, which means that a portio

Currently, in terms of the mid-term trends of BTC and ETH, the overall structure still maintains a "long positions dominant" situation. As for the drop in the early morning, I tend to view it as a "bear trap" pullback.
The reasons for this market structure can be roughly summarized into the following two points:
First, the short positions in the futures market likely completed the final round of adding positions yesterday. Most of these newly added short positions are concentrated in the previously high price area, which happens to be the clearing zone with the highest trading volume in the pa

On June 12, Bitcoin ETF saw a net outflow of 164 million USD, while Ethereum ETF had a net inflow of 240 million USD. It seems that this is the first time the fund inflow of Ethereum ETF has exceeded that of Bitcoin ETF, with the largest inflow being BlackRock's ETHA. It is highly likely that the stablecoin bill is about to be passed, and the chain with the highest probability for issuing stablecoins will definitely still be Ethereum.
The Trump administration urgently needs everyone to issue stablecoins, because once a company issues a stablecoin, it will use the same amount of cash dollars or

The US stock market has recently pulled Bitcoin down again, causing the coin price to decline accordingly. However, at the same time, the spot price has become a bit more expensive compared to futures (which means the premium has returned), and the funding rate for futures has also started to drop. This usually indicates that many people are shorting in the futures market, preparing to bet on a rapid price drop "flash crash" trend.
But from another perspective, this expectation has instead reduced the risk of a continued significant fall in the short term. Because everyone is waiting for a cra

Trump and Musk are going to reconcile again; it can basically be confirmed that this is a grand performance they directed themselves.
In the past few years, Musk has made a lot of efforts for the Republican Party, especially Trump, throwing money and shouting has not fallen, but in exchange for policy suppression and subsidy cuts, no one can stand it. Judging from their performance styles, in fact, big Internet celebrities like Musk and Trump are fully capable of directing and acting in a "mutual tearing drama".
There may be four purposes behind this scene:
One is "avoiding suspicion by offeri

After the CPI data, it feels like there is no fluctuation in the market data, the data basically meets expectations, which should be favourable information. However, because of the back-and-forth between Trump and Musk, the favourable information was released in advance, so the market data hardly moved at all. Does this mean that when the favourable information is exhausted, it turns into unfavourable information?
Consolidating near the important level of 110,000 is quite confusing; if it cannot break through, it will lead to a significant drop, whereas if it does break through, it will result

Looking at the inflow and outflow of Bitcoin ETF and Ethereum ETF funds in the last month, Bitcoin ETF funds are flowing out most of the time, even if there is an occasional day inflow, but the funds are very small, Ethereum ETF has been flowing in large amounts recently, and it has been for a long time, and then combined with the recent BlackRock has been selling BTC to increase its position in ETH, I personally think that the second half of the bull market should be coming soon, and the protagonist is ETH, At present, doubling the volume of BTC requires a lot of funds, but it is much easier

ETH drove some related alts to rise yesterday, briefly surging to 2798 points, slightly breaking through the previous high of 2788. From the trend, it can be fairly confidently stated that after the extremely harsh Whipsaw from February to April this year, ETH's major market trend finally shows signs of starting.
From a fundamental perspective, several key factors have recently been favorable for ETH. For example, the regulatory framework for stablecoins and the advancement of real-world assets (RWA) are both essentially positive for the Ethereum ecosystem; on the other hand, the SEC's attitud

In summary, every time the market rebounds, there will be a pump of altcoins.
Everyone can forward and bookmark this for reference when it's time to buy the dip next time.
Notable altcoins to watch: PEPE UNI SSV SYRUP NEIRO AAVE MKR TAO EIGEN CAKE COW BANANA SUI PENDLE HYPE BIO ETHFI
I have observed these altcoins for a long time, especially during BTC's recent significant rebounds, these coins have basically followed BTC or even performed better than BTC. The next time the market crashes, buying the dip on these is at least better than choosing some unknown trash coins. While it can't guarant

BTC首次突破110,000，ETH 2600
BTC has broken through 110,000 for the second time, ETH 2500
BTC has broken through 110,000 for the third time, ETH 2600
BTC has broken through 110,000 for the fourth time, ETH 2,700.
It seems that ETH is starting to be impressive now 😂

Why is it becoming increasingly difficult to make money in the crypto world???
The fundamental reason is that the market is becoming more and more mature, and the players are getting increasingly skilled.
To make money, you have to gamble with others and earn money from their pockets.
Then your IQ, information, insights, and trading skills are better than theirs.
But after years of cultivation, there are too many talented people in the market.
Because it's just following the old method of making 5-10 times, waiting for the bull market.
And this time it's professional institutions playing; they

The market liquidity is not enough, ready to receive the needle, the market in June I am really general, there is a possibility of accelerating the decline after the 20th, try not to participate in this market, I am really afraid that he can leave some $BTC on the short, and the fall will not say that there is no chance to return to the capital. It's up, and there is a position anyway.