<100 subscribers
If you enjoy Sunny's content, follow, repost, and like this article to message me for a free copy of the position strategy layout + bare K practical tutorial guidance. A seasoned trader with "depth in thought, emotional warmth, and data dimension."
The price of Bitcoin (BTC) briefly touched the 86,000 USD mark, while altcoins showed an upward trend during Wednesday's early morning trading in Asia, leaving traders and investors still uneasy. ETH has recently risen to near 2,500 USD after dipping into the 2,300 USD range. In the past 24 hours, the global cryptocurrency market value has fallen by nearly 1.6%, slipping to 2.94 trillion USD. Moreover, data from Coinglass shows that the total market liquidation in the past 24 hours exceeded 1 billion USD.
The BTC price has fallen by more than 3%, closing at 88,658 USD. The token's 24-hour low and high were 86,008.23 USD and 92,299.84 USD, respectively. Additionally, Bitcoin's market dominance took a hit, falling by 1.41% to 60.02%. This indicates a significant price surge in altcoins during the session.
As of the time of writing, the ETH price is 2,480 USD, showing a slight increase of 0.13% during the session. Over the past day, the token hit lows and highs of 2,326.63 USD and 2,529.67 USD, respectively. Ethereum's liquidation volume is relatively less than BTC, totaling about 178 million USD during the session.
Is This the Golden Opportunity to Buy the Dip?
With the market plunge, many investors are contemplating buying the dip. Looking at the current situation, the bull market trend is still ongoing this year.
The secondary market is indeed challenging. Once this wave of 'big cake' completes its adjustment, the market sentiment will likely see a turnaround. It is worth noting that the U.S. SEC has recently dropped several crypto-related cases, significantly loosening regulatory constraints. Although these positive developments have not fully materialized in the market, it is foreseeable that once the 'big cake' adjusts, the market will see positive changes.
However, the real period of harvest is expected to be in the second half of the year. Therefore, everyone must hold their chips steady while retaining a certain amount of cash flow to seize opportunities during major dips. In the field of crypto investments, maintaining curiosity and keeping funds on hand is the key to going the distance and reaping rewards.
This trend is nearing its end, and while the tail end of the market is difficult to grasp, the rewards might be substantial after the ups and downs. Remember, there are no inherently bad coins, only those that are priced unreasonably. Today's prices are relatively friendly compared to last year's highs of 50-60 thousand. Whether it's making chips through wave operations or implementing your own strategies, the goal is to increase your holdings. This year's bull market opportunities are rare, so everyone, please do not casually toss around your funds and chips. Feel free to consult anytime if you have doubts.
Tokens That Could Double or Even Multiply Your Investment by 20-50 Times Once the Market Adjusts
Today's price for IP is US$6.54, with a 24-hour trading volume of US$2,335,488,369. The price has risen by 30.23% in the past 24 hours and by 159.39% in the past 7 days. The circulating supply is 250.00 million IP, and the market value of Story is US$1,626,909,930.
Story Protocol is a Layer 1 blockchain designed to revolutionize the US$61 trillion intellectual property market by providing a programmable and decentralized framework to manage, trade, and monetize creative assets. The core of the network allows IP holders (including creators, brands, and AI-driven products) to register, tokenize, and manage their digital content on-chain.
Today's price for SUI is US$2.976, with a 24-hour trading volume of US$1,741,934,629. The price has increased by 6.32% in the past 24 hours and decreased by -5.35% in the past 7 days. The circulating supply is 3.09 billion SUI, and the market value of Sui is US$9,213,731,001.
SUI, as an emerging cryptocurrency project, has a unique story and a strong team backing it. The founding team of SUI coin comes from top global tech companies, boasting rich industry experience and a solid technical background. The project has quickly made a name for itself in the cryptocurrency sector with its innovative consensus mechanism and unique philosophy.