This new column is a real investment experience sharing by the Odaily editorial team members. It does not accept any commercial advertisements and does not constitute investment advice (because our colleagues are really good at losing money). The purpose is to expand readers’ perspectives and enrich information sources. Welcome to join the Odaily community (WeChat: @Odaily2018, Telegram exchange group, X official account) for communication and criticism.
Contributor: Nan Zhi (X: @Assassin_Malvo)
Bio: Blockchain player, data analyst, plays everything except NFTs
Sharing: The first-level market is rebounding, with a new meme token worth tens of millions of dollars being born every day. The key focus is on two features: the recovery of the cat and dog market on Solana, with animals being the main theme; the same hot topic often sees multiple networks emerging at the same time, but only one of Ethereum and Solana will survive, with Solana animals being more dominant and Ethereum having a higher probability of winning in other concepts. Therefore, it is recommended to focus on the hot topics that appear simultaneously.
Contributor: Wenser (X: @wenser2010)
Bio: Level 10 U warrior, player uninstalled from the exchange
Sharing: The market is exploring the bottom in a volatile manner, and the key nodes are the options expiration day on the 28th of the month and the Ethereum ETF approval in early July. Recently, I came across a post about making LPs after the emergence of the DJT concept coin, and perhaps this will also be an arbitrage opportunity for future popular meme coins. Post link: https://x.com/xxq_jup/status/1803397421961199866?s=46. As for other coins, the more we try to bottom out, the less we know where the bottom is. Let’s just buy a little and give the market some response. Otherwise, there will be even fewer people entering the industry. Remember, what you’re buying is not the bottom, but the hope for the cryptocurrency industry.
Contributor: Qin Xiaofeng (X: @QinXiaofeng888)
Bio: Options crazy dog, meme buyer
Sharing: BTC’s low point keeps moving lower and may test the $60,000 level, but personally, as long as it doesn’t break $64,000, it still looks bullish. After all, the average cost of institutional spot ETF holdings is around $60,000, and MicroStrategy’s average purchase price in the past month is also around $65,000. In the current market, as long as there is a large bullish candle, the downtrend can be reversed. It is recommended to buy the call options for the current week’s Friday to prevent accidents, and a 30% put option can also be opened for hedging.
As for spot trading, I sold ZRO immediately after receiving it last night. I feel that there won’t be any big movements in altcoins for some time, and they may even continue to drop by more than 20%. After all, when institutions are unsure about the future market, they usually sell altcoins after they are unlocked and buy Bitcoin.
Contributor: Star Security (Twitter: @BTC2024ATH)
Bio: Brainlessly going all-in, only bullish, hammering down the short army
Sharing: The current price of BTC has dropped too little, and with less drop, we need more consolidation. Here, there are two ranges: 63,500-71,500, or a wider range of 60,000-72,000. The difference between the two ranges is that the larger range implies a relatively solid bottom structure, while the smaller range requires more testing and trading volume. In the smaller range, corresponding upward movements should be made around 65,500 and 67,100. However, after confirming the 60,000 range, only 71,500 needs to be observed. The middle can be ignored.
There is also a useful point for observing the larger range:
However, the current sideways structure is not making new highs in the second segment, so it looks relatively complicated and lacks clear signals. Fortunately, the overall outflow is being relatively stably absorbed, and there are clear signs of intervention by the main players at certain positions within the larger range fluctuations. The strength of the short position is not as strong as imagined, so my feeling is that around 60,000, there is a high probability of it being a bottom area.
Contributor: Asher (X: @Asher_0210)
Bio: Long-term ambush of low market cap altcoins, blockchain game gold farming, fur lickers
Sharing: Fur Licking: After the announcement of ZKsync and LayerZero airdrops, funds from various Layer 2 networks have been collected on exchanges. In the future, I plan to pay attention to BTC ecosystem fur licking opportunities.
Blockchain Games: The update of Chapter 2 of Pixels is really disappointing, with significant changes in materials and resources that make it hard to understand. The most important thing is that token earnings have not only not increased but also decreased. Although there have been some improvements after today’s update, the current earnings cannot effectively attract new players. As for Mavia, although they have opened the token exchange mechanism for rubies, the earnings are also pitiful. I have already abandoned it.
Altcoins: Finally, BWB is rallying. I will continue to hold it, with a target of 1u.
Previous records:
June 12th
June 14th
June 17th
Recommended reading:
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