Crypto Assets Market Outlook and Investment Opportunities Analysis

Recently, traditional financial markets have shown positive signals, and the Crypto Assets market is also experiencing a phase of recovery. In July, the US CPI data came in below expectations, validating the market's forward pricing of an inflection point in inflation. From the perspective of wealth destruction, this year the Crypto Assets market has undergone the most intense bear market in history, but the massive sell-off may have already come to an end.

Macroeconomic Market and Bitcoin

The correlation between Crypto Assets and traditional financial markets has reached a new high. The weekly charts of indices such as the S&P 500 have restored a bullish structure, and this rally is stronger than the rebound in April. In the short term, a pullback to around 4080 is possible, but if it holds, the upward momentum will continue. The market has expectations for a "soft landing" by the Federal Reserve, but uncertainties such as geopolitical issues still exist. The next month is an important observation window, and a pattern of falling first and then rising may occur.

Ethereum and Merger Market

Ethereum leads the market, and the Layer 2 ecosystem is worth paying attention to. Buying below $1800 is advisable, with $1650 being a key support level. Before the merge, ETH is expected to break through $2000.

Meme Coin Rises Again

DOGE/BTC leveling off indicates a new round of choices in the market. The Dogecoin ecosystem is expanding, and community sentiment is becoming active again. Technically, it has broken through the upper range of the box, and Google Trends data also supports the upward trend.

Opportunities and Challenges of Solana

Solana has launched a 2.0 upgrade, which helps improve network performance. Technically, $48.5 is the key resistance level, and $40-$42 is the ideal buying range.

The Potential of Chilliz

Chilliz is deeply deploying in the sports and entertainment field and is about to launch a public chain. Technically, it has broken the downtrend line, and $0.30 is a strong resistance level.

sudoswap Leads a New Model for NFTs

sudoswap provides a decentralized AMM for NFT trading, with rapid data growth recently and considerable future development potential.

Investment Advice

ETH and SOL are mainstream coins worth attention, SHIB and DOGE are popular meme coins, and CHZ has high growth potential. BTC and APE can be used to hedge risks. It is recommended to pay attention to emerging tracks such as Layer 2 ecosystem, privacy DeFi, and cross-chain security.