Secondary Market20250728

Market Trend The current cryptocurrency market presents the following characteristics:

  1. The weakening of the dollar cycle is favorable for the cryptocurrency market, but the impact of interest rate policies is diminishing;
  2. The market has entered the stock game phase, and the chip structure has become a key factor;
  3. Citigroup predicts that Bitcoin may reach $135,000 to $200,000 by the end of the year;
  4. The spot market is quiet, while the futures market is active, exhibiting a characteristic of rising with reduced volume.
  5. The period from August to September may enter a consolidation phase, but the long-term outlook remains positive. The market is shifting from narrative-driven to capital and chip games. mainstream coins $BTC Continuously accumulate in the range of 110K-117K, with strong buying pressure but be cautious of adjustments after breaking below the resistance line. ETF inflow exceeds 150B USD, with fundamentals supporting a long-term bullish outlook. In the short term, pay attention to the 117.5K liquidity area; a break below may lead to a 10% pullback. $ETH Recently, the market has been hot, with whales increasing their holdings and institutional activities frequent. However, caution is needed regarding the selling pressure brought by large transfers. The tenth-anniversary event may boost sentiment in the short term, but it is necessary to assess the trend based on on-chain data. The current price is around 3912; if it stabilizes above 4000, then we can look for a new high; otherwise, a pullback may occur. $SOL Recently performed strongly, breaking through 190 with targets pointing to 215 and even 300. Whale activity and capital inflows indicate market enthusiasm, but be wary of short-term pullback risks, with 189 being a key support level. The SOL ecosystem is active, with a long-term bullish outlook. $BNB Breakthrough of $850 to create a historical high, with a market value exceeding Nike at $119 billion. Rumors of MicroStrategy fundraising and ecological development are driving bullish sentiment, with a target price of $1200. However, be cautious of SEC regulatory risks, as short-term volatility may increase. Look to accumulate on dips and pay attention to the key resistance at $1000. Popular Coins $ZORA Recently, due to the surge of 10 times in Base ecosystem collaborations and creator economy narratives, on-chain data (such as the decline in new addresses) indicates that the fundamentals have not improved in sync. There are short-term trading opportunities, but one must be wary of high volatility risks. In the long term, if its tokenized social model continues to attract creators, it could potentially create a flywheel effect. $PENGU Recently performed strongly, ranking among the top three in weekly gains, but one should be cautious of the selling pressure that may arise from a large influx of tokens into exchanges. There are short-term trading opportunities, but in the long run, it is necessary to observe community activity and capital flow. It is recommended to accumulate in batches on dips and set appropriate stop-losses. $SUI Facing a large unlock of $189 million on August 1st, there may be short-term pressure. However, from a technical perspective, the weekly chart shows six consecutive positive candles breaking through the moving averages, and the MACD golden cross indicates upward momentum. If it breaks through the $5 resistance level or forms a W bottom, holding spot could be advisable. Caution is needed regarding the game between unlock selling pressure and positive driving forces. $VINE Recently surged over 100%, with whales entering the market and Musk's endorsements driving FOMO sentiment. The main upward trend from a technical perspective has not ended, but the short-term overbought risk is high. As the first PVE concept coin, it has strong narratives but obvious valuation bubbles. It is recommended to accumulate in batches on dips to avoid chasing highs. Support level at 57 SOL, resistance level at 122 SOL. $BONK Short-term pressure is faced, with bonk_fun revenue dropping to $639k, indicating weakened ecological activity. However, as a leading MEME in the Solana ecosystem, a rebound may be driven by a SOL rally or ETF capital inflow. Recently, attention is on the positive news of the $SENDIT partnership, but caution is needed regarding the risk of a large 50M sell-off. It is advisable to set stop-losses at the lower end of the range during fluctuations and to chase after a breakthrough of the previous high. $ENA Recently performed strongly, with USDe supply hitting a new high, driven by fundamentals, along with RWA capital inflow and yield strategies like Pendle acting as catalysts. However, caution is needed regarding the selling pressure from the unlocking of 40.63 million tokens. Short-term traders can pay attention to the support level at $0.69; a breakthrough at $0.75 may accelerate the rise. The bullish logic remains unchanged for the medium to long term. The above information is automatically generated by @xhunt_ai and does not constitute investment advice.
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