Today's market hot spots:
1. The rise of new platforms: Bonk.fun, Launchcoin (100X surge) seize the contribution of the Pump market, and new coins $Glonk (dual platform issuance), $GOONC, $DUPE, etc. are crazy.
2. Old Meme follows the rise: $PEOPLE, $SATS, $NEIRO, $BOME 2 hours and 4 hours rose by more than 60%.
3. Game tokens: MapleStory token $NXPC will be launched on Upbit, Binance Alpha, etc., with an initial circulation of 17%, pay attention to opportunities below 0.5.
4. DeFi rebound: ETH leads the rise, $ETHFI, $EIGEN performed strongly.
5. Binance Wallet Project: Privasa AI announced the token economic model, with a total supply of 1 billion.
6. AI project refund: Mirai Terminal has completed 50% SOL refund.
In the past 24 hours, the cryptocurrency market staged a "rocket-like" rise! Ethereum (ETH) violently broke through the $2,700 mark, soaring 8% in a single day, and the cumulative increase in 7 days exceeded 50%, some of the craziest weekly lines since 2022! Bitcoin (BTC) firmly held the $10 high ground, Solana (SOL) hit $185, Meme Corps DOGE and SHIB collectively rose 5%, and the market completely entered "crazy mode"!
Nuclear explosion-level positive: three engines drive the surge
1. Bitcoin ETF crazy gold 41.1 billion!
The US Bitcoin spot ETF lacks historical records. In the market correction period in April, institutional funds continue to pour in. Bloomberg analysts exclaimed: "This is no longer a simple inflow of funds, but a complete surrender of traditional finance to encrypted assets!"
2. Ethereum Pectra upgrade detonates technological revolution
On May 7, the key upgrade landed, the gas fee dropped by 40%, and the pledge limit was broken. The "short squeeze" in the futures market detonated the short-term market, directly blowing up the short position of $438 million! The above data shows that whales are hoarding ETH at the fastest rate since 2025, with a holding rate exceeding 40.75 million!
3. Perfect coordination on the macro side
The US CPI has dropped to 2.3%, and the probability of the Fed's interest rate cut in September has risen to 48.9%. US tariffs have dropped significantly, the Sino-US trade war has eased, and the Nasdaq and the crypto market have risen in tandem.
How will the market go in the future?
Tariffs have always been the focus of market attention. US inflation, unemployment, and the Federal Reserve have all been abandoned. Now the wind has changed, the impact of tariffs has passed, and the market has begun to turn its attention to the risks of the US economy, inflation will not soar, and the next move of the Federal Reserve.
Bitcoin is currently fluctuating at a high level. In fact, there is no negative news on the macro side. As mentioned last week, the market has reached the rupee trend from the rebound. After the later shock adjustment, it will continue to rise to ATH, and then completely ignite the altcoin.
Currently, the opportunities for altcoins are CEX and DEX. CEX is an oversold rebound. On the chain, because of the large volume of bonk and belief, the platform continues to bring goods, and various memes continue to pvp. There are more opportunities in the next two days, so you can focus on it. After the trend is confirmed, be bold in operation, don't be afraid, and you should rush when you encounter a good target.
Friends who like to play spot, the four must-have swordsmen:
Buy on dips: BTC, ETH, BNB, SOL
Other altcoins will sell first after the rise, and hold profits and wait for the altcoin season. Next, ambush those subsequent altcoins, and you are expected to get 5-10 times the return!
I said it very clearly about Glonk
The chart shows that these currencies have a need for replenishment: KOMA, ZEN, LPT, SATS, HIPP0, URO
Currently, they are between the daily EMA90-120. I also wrote in the internal skirt yesterday that URO and SATS started a big positive line today.
ADA can also be focused on:
The current price has reached the position below the daily strong pressure of 0.85. If it breaks through the upper limit, it can reach at least around 0.96-1.