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1 billion U units liquidated! BTC and ETH plunge – is this a sell-off or a peak? PEPE standard triangle area, new OP and SSV tokens launched – the reverse bull is here to pick you up!

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If you wake up every day looking at the K-line's ups and downs, getting excited when it rises and feeling down when it falls, it will be difficult to make big money.

The market doesn't revolve around emotions. Instead of being anxious, it's better to make friends with time and do a good job with what's at hand. Recently, the market has been volatile, and the mood of holding BTC and ETH is completely different from holding Altcoins.

Many people feel especially anxious after being trapped. The little cat wants to say - holding a cup of water is easy, but holding it for a long time becomes tiring. You need to let go when you should.

In the current market, as long as you haven't gotten off the wrong train and haven't gone short, you're already outperforming many people.

Looking on the bright side, if it rises continuously for the next two months, isn't this the main upward wave we've been waiting for? As for trading, the little cat hasn't done it well either, going up and down without significant losses. Holding might be the best solution. When your mindset is chaotic, it's better to temporarily stay away from the market and come back after adjusting, making fewer mistakes is earning.

Today's Market Brief: BTC/ETH Altcoins synergizing?

After BTC and ETH's adjustment, the unilateral upward trend remains, no need to panic excessively.

#ETH: On the 4-hour level, after rising and falling back, it precisely retraced to MA30, forming a double-needle bottom with good rebound strength, indicating active buy the dips. After recent adjustments and accumulation, ETH is likely to continue challenging the previous high of 4800. It's clear that the recent new high wash was mainly to clear and harmonize.

Communication+Q: 3806326575#BNB: Broke a new high yesterday, getting closer to 1000, with a clear bull market rhythm.

#DOGE: 4-hour level shows a bottom formation, highly likely to break through 0.28.

Other Altcoins: UNI, OP, RSR, continue holding, expected to achieve over 50% returns before September.

The bull market rhythm is getting more intense, with short liquidations continuously playing out. The horn for Bitcoin to challenge 120,000 has been blown, and Altcoins will be even more chaotic - those that should fly will fly, those that should catch up will catch up.

Focus on these three next: OP, SSV, PEPE.

#OP Suddenly Taking Off? Missing this L2 benefit would be a loss!

Recently, OP received a hardcore benefit: Coinbase partnered with Optimism to launch the L2 network Base, not only giving OP the title of "first EVM-compatible Optimistic Rollup solution" but also directly returning part of the transaction fees to the OP treasury. This is like a self-funding, self-replenishing cash cow.

Technically, the weekly chart shows a bullish engulfing breaking the downtrend, with higher lows and narrower range. The daily line golden cross is full of momentum. You can enter in batches, no need to wait for the "absolute bottom", while keeping an eye on quality L2 track projects.

#SSV, Have You Paid Attention to Ethereum's "Water, Electricity, Gas"?

SSV in the Ethereum staking track, an infrastructure-level project, like "water, electricity, gas", essential for smooth operation. Pioneering DVT technology for node decentralization, with a total of 11.01 million tokens (10 million in circulation), deflationary, supply locked.

Communication+Q: 3806326575Trend Review: Highest at $66, lowest at $4.26, over 93% drop, consolidating for 385 days, weekly breakthrough of long-term downtrend line. Technical: Currently weekly low point rising, range narrowing, key neckline at $12; daily line healthy pullback, $7.48-$6.4 for batch entry.

#PEPE Not Taking Off Yet? Be Patient, Wait for This Wave!

Why haven't I mentioned PEPE recently? Let's discuss it today!

As mentioned before, PEPE is quite resilient among meme coins, more stable than XRP, DOGE, BONK, PENGU. The reason for attention is simple - low holding cost, large position, once the meme market starts, PEPE gaining 40-50% in a day is normal.

Communication+V: c13298103 So don't be anxious, it's not that it won't rise, just temporarily low-key. For those with heavy positions, you can take partial profits at 1400 and 1632. After waiting this long, a few more months won't matter. Reminder: When BTC and ETH drop, Altcoins inevitably follow; in the bull market's tail, don't change vehicles frequently, keep the good tickets to have a chance to eat the last bite.

That's all for now! If you're still unclear in the crypto market, why not plan with me? Join the VX + Q group with no threshold, get market analysis, Altcoin opportunities, and individual coin operations in the first time... waiting for you, otherwise you might be standing on the opposite shore in the next market wave. V: c13298103401 or Q: 3806326575

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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