JPMorgan, Mastercard, and Ripple, these big players in traditional finance are jumping in, teaming up with Ondo to pilot on-chain treasury settlements. To put it plainly, the traditional banking system is officially leaning towards public chains.
As soon as the news dropped, the market went wild, ONDO blasted up 34% in 24 hours, and the trading volume exploded with funds pouring in like crazy.
If anyone is still saying RWA is just hot air, it’s time to wake up. Top-tier institutions are already getting into the game, and this sector is basically activated. Moving forward, it’s not just ONDO; the entire RWA space is likely to take off, and it’s a bit ridiculous to still be bearish at this point.
#LAB is more like an upgraded version compared to #RAVE .
It's known that high control over the market is a prerequisite for pumping, RAVE directly places control on-chain, while LAB does not.
From the get-go, LAB has actually done several rounds of washing out positions, although the chip structure is much cleaner than RAVE during TGE.
Many think that Zach's investigation into the LAB team will directly replicate RAVE's playbook. Including my short position I just opened, which is essentially based on market expectations of the RAVE script.
But that's not the case.
My position for going short is more about the basis and the logic of closing longs while shorting.
During Zach's investigation, there was a massive buy order of 500k hanging around the 3.5 level on the contract order book, which supported thickness, so I chose to exit my position after grinding twice at the 2.2k mark.
Moreover, during the washout period around 2.5-2.8, the market maker actually collected a lot of spot, so the cost range for the second control is most likely here.
Including during the recent drop, there have been large spot buy orders continuously coming in on Gate.
This means that in this wave of decline, many non-contract players panic-sold due to Zach's investigation, and about 200k worth of chips have actually been quietly collected by someone on Gate's spot.
Thus, the cost to control such a market has already become quite high. I doubt whether dumping here at this position would be viable, and throughout the process, the basis change has actually been very small.
It can be basically concluded that the current control rate may be close to 90%, nearing the level of RAVE.
So after closing my short, I re-entered with a long.
There are products, there’s a community, and real money is being used to support the market, all while accumulating positions.
How can this simply be defined as 'operating the market'?
May has arrived, and the market is indeed starting to heat up slowly.
In recent days, it's not just a single chain that's moving; multiple chains are starting to catch a wave.
Asteroid first lifted the mainnet sentiment, and UPEG has rolled out new plays with Uniswap V4, while Sato on the mainnet has also surged into the spotlight over the past couple of days.
On the BSC side, it's a go-go, and Panda Head has also been pushed up by funds, with tons of support on platforms and traffic; even UTYA hit 60M.
Looking at it, the market is definitely warming up.
But during times like this, it’s easy to get carried away.
The situation is indeed improving, and funds are starting to come back to play, but when the market just begins to heat up, the biggest issue is:
Everyone wants to buy this, and fears missing out on that, ending up chasing everywhere and getting caught.
During this time, don’t turn yourself into a headless chicken.
It's fine to keep an eye on the main trends, but you’ve got to control your positions.
First, clearly see the true direction the market is running before deciding which boat to jump on.
Before making a move, clarify your expectations.
Know when to exit if it rises, and where to cut losses if it falls.
Don't be like I was last year during the FOMO phase on BSC, holding on even when the market was already going crazy, too reluctant to sell.
As a result, when the market pulled back, profits were lost along with the principal.
So if there’s a real opportunity this time, the most important thing isn’t how aggressively you jump in, but learning how to survive first.
When the market just starts to warm up, the biggest fear is never about not making money, but about seeing a glimmer of opportunity and, in the excitement, getting knocked back to square one.
Last year, I really missed out on too many moonshots, like #ASTER , #RIVER , #AIA , and #LAB . I had significant positions in all of them; if I had just held onto one, I could probably chill for the next few years.
Recently, LAB has broken through 4U again. Even though there are still a lot of chips that haven't been unlocked, we have to wait until August, and honestly, it's torturous to watch. Those without a bag are feeling it even more, too scared to short hedge, just hoping the price can hold up by then.
Aside from checking prices daily, some recent fundamentals for LAB are worth noting:
① They have already repurchased tokens worth $3.5 million.
② They've earned $11.36 million in fees, which covers all expenses 100%.
③ The iOS + Android mobile app is about to launch.
Looking at the structure alone, there are no bearish signals at all. But does this mean I should go long? Not exactly. Objectively speaking, the current price action is indeed bullish. We've broken through the April highs, and we’re holding steady above that critical monthly opening range at 76k.
If you're thinking about going short right now, the most rational move is to wait for confirmation from the structure. That confirmation hasn’t shown up yet, and the price is still hovering above the April highs. Only when BTC drops back below those April highs and shows clear signs of weakness can the bears actually have a shot. In the short term, you could look for a pullback near the monthly open.
Going short before that is basically betting that this breakout is a “fakeout.” But if it’s not, the price could continue to rally, making shorts quite painful and risky.
On the flip side, this isn't the right spot to chase longs either. The real opportunity for a solid long position would be waiting for a decent pullback, ideally back into the lower range, around 74k to 75k before considering it.
Chasing now is classic FOMO, jumping in after missing the first leg up, which isn’t necessary. The market will definitely have its redistribution and pullback phases, so waiting for the structure to clarify will actually present cleaner opportunities.
Until then, the best move is really just two words: wait.
Why did #DOGE experience another strong rebound recently?
Recently, DOGE's price has surged significantly. This spike is actually the result of institutional funds, whale activity, market sentiment, and the broader market working in concert. In the short term, the bullish momentum is strong, but we can’t ignore the high volatility risk.
Moreover, the entry of institutions is the key driver. The 21Shares TDOG ETF has officially launched, opening up compliant channels for traditional institutions, leading to stable capital inflows and fundamentally changing DOGE's previous market structure dominated by retail traders, enhancing market liquidity and recognition. On-chain data shows that several whales have significantly increased their holdings, with hundreds of millions of DOGE being accumulated, triggering a short squeeze that rapidly pushed the price up.
At the same time, rumors about Old Man X's platform and DOGE payments continue to brew, leveraging his personal influence, leading to heightened FOMO in the community, with retail traders jumping in and amplifying the market. Coupled with Bitcoin's recent rebound, this has sparked a rotation in altcoins, with DOGE, as the leading meme coin, benefiting first. Technically, it has broken through the critical resistance at $0.1, establishing a bullish trend.
From multiple angles, this rise is driven by institutions, whales, and meme hype, providing sufficient short-term momentum. However, DOGE lacks actual use cases, and its price is highly dependent on BTC's movements and market sentiment, posing significant volatility risks. Therefore, moving forward, we need to closely monitor ETF fund flows, on-chain holding data, and updates from Old Man.
This wave initially bounced along the channel, testing the key level of 78200 USD, but couldn't hold it, and then got slammed down. It's clear now that the price has broken below the channel, but there are still plenty of bulls bottom-fishing down here, which usually isn't a great sign.
In the short term, we need to hold the 77500 USD level to have a shot at pushing into the liquidity zone above 79000 USD. Otherwise, it’s just a weak bounce.
Also, I’ve noticed a classic sentiment point: a lot of folks are waiting for 80000 USD to take profits or exit, and this kind of consensus expectation can be a red flag.
Looking at the longer timeframe, the real key level is still around 70500 USD, which I've mentioned before; we definitely need to keep a close eye on this.
New week, #BTC is really lagging behind, these altcoins are just not cutting it... Spent the whole morning checking the secondary market, but I can't pull the trigger. A lot of coins are looking decent on the weekly charts, but there's just no volume, all pumped up by Bitcoin without any real momentum.
So how to play the secondary market right now? I'm still opting for a cash position and watching from the sidelines. The best move is to wait for a coin to start showing volume, and when the whales start to light it up, then jump in. No need to rush and set traps; you can always chase it once it starts moving.
The toughest part now is: when others are pumping, yours isn’t. But this isn’t a straightforward bull market rotation logic; just holding doesn’t guarantee you’ll be in the mix. In this environment, trading strategies need to shift—stop actively hunting for opportunities and wait for them to present themselves.
What the market is lacking right now is confidence; after the #RAVE wave, the mood has cooled down again, and we need a new 'RAVE' to reignite the spark. Once a new leader emerges, there will definitely be a wave of follow-up buying, but we also need to be wary of those just riding the coattails and fishing in muddy waters; don’t dive in all at once.
I've been feeling a bit lost lately, honestly not sure what to trade anymore.
#sol is all about high leverage plays or schemes; you can tell just by looking at the candlestick charts. If you don't jump in, they'll keep pumping, but as soon as you do, they'll just wreck you.
#BSC : The second saint isn't giving any opportunities; their setups can't even get off the ground. It feels like the BSC market is totally dead, the competition's too fierce.
#ETH : Because of the Space Dog situation, all the hot cash has been flowing this way, making it feel like BSC is super quiet, like there's hardly anyone around. Without any front-runner to lead the charge, retail traders aren't going to step in and drive prices up.
Right now, the most comfortable play is ETH. Aside from the gas fees being a bit high and the speed being a little slow, everything else is in a comfy zone.
I've been trading for about 3 days, turning 0.5 ETH into 3 ETH, and that's with me not really keeping a close eye on the charts—almost every day there's a little pump on the ETH chain.
As long as you do your research and buy into early-stage tokens, just chill and wait for them to bloom. Typically, it's a 5x start.
Learn to spot where the hot cash is, where the fish are, and then go fishing.
Looking forward to an epic, sky-high golden dog to change the game.
#LAB might be worth a small position for a long. Looking at pure naked candlesticks, the trend of this coin is really smooth, with a clean and tidy structure. The K-lines move in a nice rhythm, and the volume-price relationship feels quite natural, without that sluggish vibe.
Now, even though we've broken previous highs and made new ones, the overall rhythm is still relatively gentle, building up strength. We're not yet in that acceleration phase, meaning there's still room to run above. The short-term probability of continuing to push upwards is quite high.
From a technical standpoint, as long as we can confirm the new high with increased volume, this surge to 1 shouldn't be a problem. Those looking to participate can consider trying a small position around 0.8 for a long.
If the price can complete the yellow segment of this trend, then I would think that RAVE is forming a standard cup and handle pattern. The target is initially set at the end of the arrow. Of course, the premise is crucial:
👉 The yellow segment must be completed
Personally, I lean towards it being completed, but if it goes wrong midway, then don't hesitate, directly overturn the original plan and reassess the trend.
#RAVE Last night, I directly rushed to the bullish list of valuescan, with fomo + alpha tags. At that time, the price was around 0.6, and today it directly shot up to 1.9, a solid 3 times increase. It is said that Bitget has also closed the deposit, in such a market, going long is truly appealing! 😀
To be honest, when looking for long opportunities, the hints from valuescan are indeed quite valuable for reference.
For example, the recent DEXE, which went from 0.7 all the way up to 1.5, had a very clear rhythm.
Also, that #币安人生 which has been on the bullish list for a week, every time it slightly retraced, it was quickly pushed back up, clearly indicating that there is capital controlling the market.
I have been keeping an eye on it this week and found that although it cannot capture all opportunities, as long as it's a target that can appear on the bullish list, with a bit of personal filtering and judgment, it is basically possible to find good long opportunities.
#ORDI The trading volume has skyrocketed by 5.6 times directly. Is this a breakthrough, or is it already running out of steam? The 15-minute chart signals that——under this wave of abnormal volume, the overall indicators are biased towards bullish, and in the short term, it is more inclined to continue moving upward 📈
This wave of increase can basically be understood as "smart money" accumulating in advance. Focus on a range: 4.208 - 4.314. If the price retraces to this level and can stabilize or even rebound strongly, that would basically be a high-probability bullish opportunity.
——Reference strategy: If the price falls back to the 4.208 - 4.314 range, and a bullish engulfing pattern or a hammer candle appears on the 15-minute level, or if the 5-minute structure starts to strengthen, consider entering long.
Take profit can be viewed in three stages:
First target: 4.460
Second target: 4.740
Third target: 5.422
However, the risk points must also be made clear——if the price falls below 4.05 and closes below, then this bullish logic will be invalidated, and it is recommended to withdraw first and wait for new signals.
There is also a situation that needs to be particularly cautious: if the price directly rushes above 4.740 and then quickly drops, this is likely the main force unloading, and the short-term easily reverses, so don’t get carried away.
Final key point: Don’t chase big bullish candles, definitely wait for a pullback + confirmation, otherwise, it’s easy to buy at a local high.
To be honest, I personally do not buy into this fractal much. I lean more towards a situation where, once the price returns to the range, there might be a stronger decline.
However, this structure is still worth keeping an eye on. The price is still above the range, and before it actually drops back, the risk of going short directly is actually quite high.
To put it bluntly, this is just a reference pattern, so don't take it too seriously.
Recently, the imitation market here has obviously started to heat up a bit. Yesterday, #ORDI and #SATS were already moving. This kind of momentum in the sector indicates that there will likely be follow-up actions.
If you still don't know what to buy, the idea is actually quite simple—focus on the leading stocks in the sector first. Yesterday's increase has already shown the problem; the big brother is still the big brother, and ORDI is directly leading the way.
In every round of the imitation market, the MEME sector is basically always at the forefront, so for this round, the leader is still #PEPE , with the highest priority. The position of 0.0000039 can be considered for gradual entry.
Another point is the DeFi line, where the leader UNI has also exploded fiercely, and now the price has already dropped back to where it just launched, basically belonging to the kind of drop that can't fall any further, with relatively lower risk. Around 3.37 can be considered for gradual accumulation.
As for the second tier, stocks like FLOKI and PEOPLE are also worth watching, but certainly, their priority is not as high as PEPE.
The whale of #RAVE has started to increase its long positions again, with long positions already above 25 million dollars, while short positions are only about 6.6 million dollars, and the flow of funds is clearly slowing down.
This structure can easily push the price up again, and once momentum picks up again, returning to the 18-20 dollar range is entirely possible.