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Recently, the meme coin sector has really heated up. PEPE has surged strongly, and various altcoins are riding the hype, with BONK skyrocketing directly. This wave of market movement feels somewhat unexpected. Looking at this pace, everyone is guessing who will be the next to take off.
Based on the rotation pattern of meme coins, WIF might have a chance. After the fierce moves by PEPE and BONK earlier, it’s reasonable for WIF to step into the spotlight.
From another perspective, let's look at Ethereum. I’ve always advocated going long on this coin, and recent market conditions have indeed been powerful. After consolidating for a few days, it finally broke through the key level of 3200, and the returns have been quite good. Over the past few days, the ETH long positions I set up for friends have been steadily profitable, with many reaching the preset take-profit levels.
From the on-chain performance, this wave of rise is supported by capital flow, not just pure sentiment. In the short term, ETH still has the potential to go higher, but we also need to be cautious of the risk of a quick pullback.