牛市赛道是那条？
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The 2017 Cryptocurrency Bull Market: Classic Lessons from FOMO and the “Leek” Culture
In the cryptocurrency world, there are two words that often appear in discussions among investors: FOMO (Fear of Missing Out) and the “Leek Culture”. These two phenomena were most evident in the surge in the cryptocurrency market in 2017, and have become the source of pain for many investors. Today, let’s review that crazy history and see how to avoid becoming the next “leek”! 🌱
2017: A Crazy Year for Crypto 📈
In 2017, the cryptocurrency market experienced an unprecedented surge. The price of Bitcoin soared from about $1,000 at the beginning of the year to nearly $20,000 in December, an increase of more than 2,000%. Not only Bitcoin, but other cryptocurrencies such as Ethereum, Litecoin, and Ripple also experienced similar leaps. The unprecedentedly intense market heat attracted a large number of new investors to join this seemingly "guaranteed profit" market.
2017: A Crazy Year for Crypto 📈
In 2017, the cryptocurrency market experienced an unprecedented surge. The price of Bitcoin soared from about $1,000 at the beginning of the year to nearly $20,000 in December, an increase of more than 2,000%. Not only Bitcoin, but other cryptocurrencies such as Ethereum, Litecoin, and Ripple also experienced similar leaps. The unprecedentedly intense market heat attracted a large number of new investors to join this seemingly "guaranteed profit" market.
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Is this the rhythm? Is this the situation?
The decline in Bitcoin is relatively slow, which does not affect the persistence of the bearish trend. The 66,000 level is about to lose momentum, unable to hold on. The solid bearish candles show a step-down movement, and the bullish trend has run its course. Now is the time for the bearish trend to shine!
Did you follow today's short arrangement, guys? #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #美国大选前行情观察 #SEC批准多支比特币ETF期权 #牛市赛道是那条？ $BTC $ETH $BNB
The decline in Bitcoin is relatively slow, which does not affect the persistence of the bearish trend. The 66,000 level is about to lose momentum, unable to hold on. The solid bearish candles show a step-down movement, and the bullish trend has run its course. Now is the time for the bearish trend to shine!
Did you follow today's short arrangement, guys? #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #美国大选前行情观察 #SEC批准多支比特币ETF期权 #牛市赛道是那条？ $BTC $ETH $BNB
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After falling from the high point of 69500, Bitcoin has been consolidating in the range of 67800 - 66800 yesterday.
The resistance is at the upper level of 68000, while the support is at the lower level of 66600.
From the daily price perspective, it has currently broken below the MA5 and MA10 moving averages, and the moving averages are starting to turn downwards. The 4-hour chart shows a death cross, indicating that the bears have the upper hand in the short term.
The range of 66800 - 66600 has been tested multiple times; with the support level being tested more frequently without a strong rebound, this support will become weaker and carries the risk of breaking down at any time.
Therefore, if 66600/66500 is tested again today, it will struggle to hold, accelerating the move down towards the 66000 - 65200 range.
The short positions arranged at 67800 and 67500 yesterday have been reduced twice at the position of 66666 with slight profits, and the remaining portion can continue to be held.
Ethereum's performance has been relatively weak in the past two days. Not only Ethereum, but also many altcoins began to revert to their essential characteristics yesterday, starting to plummet one after another as Bitcoin corrected.
Today's suggestion is to continue holding the short positions entered at 67800 - 67500 yesterday. For those with no positions, I recommend entering directly at 67300. Shorts can be placed in the range of 67300 - 67600 today.
Yesterday's guidance was to short near 67800 - 67500. Opportunities were given multiple times yesterday and this morning, and during the pullback, it reached 67000 - 66800 several times. For those operating on a very short-term basis, you can make five or six trades. Stay tuned to Zhuye, for bull market strategy layouts, sharing various passwords, and help you understand more about hundred-fold coins #币安上线SCR现货 #YGG、ADA、ENA解锁 #SEC批准多支比特币ETF期权 #牛市赛道是那条？ .
The resistance is at the upper level of 68000, while the support is at the lower level of 66600.
From the daily price perspective, it has currently broken below the MA5 and MA10 moving averages, and the moving averages are starting to turn downwards. The 4-hour chart shows a death cross, indicating that the bears have the upper hand in the short term.
The range of 66800 - 66600 has been tested multiple times; with the support level being tested more frequently without a strong rebound, this support will become weaker and carries the risk of breaking down at any time.
Therefore, if 66600/66500 is tested again today, it will struggle to hold, accelerating the move down towards the 66000 - 65200 range.
The short positions arranged at 67800 and 67500 yesterday have been reduced twice at the position of 66666 with slight profits, and the remaining portion can continue to be held.
Ethereum's performance has been relatively weak in the past two days. Not only Ethereum, but also many altcoins began to revert to their essential characteristics yesterday, starting to plummet one after another as Bitcoin corrected.
Today's suggestion is to continue holding the short positions entered at 67800 - 67500 yesterday. For those with no positions, I recommend entering directly at 67300. Shorts can be placed in the range of 67300 - 67600 today.
Yesterday's guidance was to short near 67800 - 67500. Opportunities were given multiple times yesterday and this morning, and during the pullback, it reached 67000 - 66800 several times. For those operating on a very short-term basis, you can make five or six trades. Stay tuned to Zhuye, for bull market strategy layouts, sharing various passwords, and help you understand more about hundred-fold coins #币安上线SCR现货 #YGG、ADA、ENA解锁 #SEC批准多支比特币ETF期权 #牛市赛道是那条？ .
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Today's Strategy Sharing
From the current market trends, the resistance level of 68000 is showing considerable strength. The price of Bitcoin is facing strong resistance in this area, and even if there are signs of a pullback, today's strategy is primarily focused on shorting at highs!
Point Operation Suggestions
BTC Short-term: Short at 67800, target continues to look at 66000.
ETH Short-term: Short around 2640, target down to 2550#牛市赛道是那条？ #美国大选前行情观察 #盘整行情分析 #APE暴涨 #BTC走势分析 $BTC $ETH
From the current market trends, the resistance level of 68000 is showing considerable strength. The price of Bitcoin is facing strong resistance in this area, and even if there are signs of a pullback, today's strategy is primarily focused on shorting at highs!
Point Operation Suggestions
BTC Short-term: Short at 67800, target continues to look at 66000.
ETH Short-term: Short around 2640, target down to 2550#牛市赛道是那条？ #美国大选前行情观察 #盘整行情分析 #APE暴涨 #BTC走势分析 $BTC $ETH
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The expectation of Trump's victory has made the cryptocurrency market excited in the short term, like picking up pie in the sky.
But with the arrival of second-order expectations, the risk of inflation rebound and interest rate hikes has increased. In short, there is a chance in the short term, but the long-term volatility is greater. As a small investor in the market, you still have to stay stable. We can win! #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #美国大选前行情观察 #SEC批准多支比特币ETF期权 #牛市赛道是那条？ $BTC
But with the arrival of second-order expectations, the risk of inflation rebound and interest rate hikes has increased. In short, there is a chance in the short term, but the long-term volatility is greater. As a small investor in the market, you still have to stay stable. We can win! #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #美国大选前行情观察 #SEC批准多支比特币ETF期权 #牛市赛道是那条？ $BTC
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Every circle has its own cycle. If you don't understand the cycle, it's futile to trade coins for another ten years!
The cryptocurrency market is a cyclical market, divided into 5 cycles and 2 phases. Three of these cycles constitute a bear market, while 2 constitute a bull market phase. The repeated cycle of these five cycles forms the trend of the cryptocurrency market!
The five cycles of the cryptocurrency market are: downtrend cycle, bottoming cycle, consolidation cycle, rally cycle, and distribution cycle!
In 2023, we are in the bottoming cycle; in 2024, we are in the consolidation cycle; at the beginning of 2025, we are in the rally cycle; and at the end of 2025, we are in the distribution cycle!
Let us wait and see!
If you are feeling confused right now, feel free to click on my avatar to find me. I share strategies every day for discussion!
The cryptocurrency market is a cyclical market, divided into 5 cycles and 2 phases. Three of these cycles constitute a bear market, while 2 constitute a bull market phase. The repeated cycle of these five cycles forms the trend of the cryptocurrency market!
The five cycles of the cryptocurrency market are: downtrend cycle, bottoming cycle, consolidation cycle, rally cycle, and distribution cycle!
In 2023, we are in the bottoming cycle; in 2024, we are in the consolidation cycle; at the beginning of 2025, we are in the rally cycle; and at the end of 2025, we are in the distribution cycle!
Let us wait and see!
If you are feeling confused right now, feel free to click on my avatar to find me. I share strategies every day for discussion!
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Wednesday, October 23: Bitcoin and Ethereum Trend Strategy!
Recently, the overall trend of the US stock market has been relatively weak,
after the opening, there was a round of retracement,
and this rhythm is still continuing,
such a pattern is likely to have a significant impact on the crypto space!
On the daily chart, after the price of the coin hit a high and was blocked, there was a significant bearish pullback. Although there were small bullish rebounds during this period, they were merely attempts without strength, and the overall momentum was not enough to achieve a noticeable recovery effect, with the bearish sentiment intensifying! As the trading volume gradually decreases, the price has tested the short-term support area below multiple times! The current range oscillation undoubtedly just consumes the already limited trading volume more intensively, and once the short-term support below is broken, it will be the beginning of a substantial pullback!
Trend Strategy:
Short Bitcoin around the 67700-68500 area, aiming down to 65000-64500!
Short Ethereum around the 2670-2710 area, aiming down to 2540-2500!
When the flowers bloom, it's time to pick first. In the investment market, those who are first to know and feel will earn the profits of the unaware and the latecomers. Profit is the only standard to test strength! Following is the best shortcut to bid farewell to losses! Top-notch strategies, top-notch calls, top-notch execution, absolutely lead to top-notch performance! #币安上线SCR现货 #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #SEC批准多支比特币ETF期权 #牛市赛道是那条？
$BTC $ETH $BNB
Recently, the overall trend of the US stock market has been relatively weak,
after the opening, there was a round of retracement,
and this rhythm is still continuing,
such a pattern is likely to have a significant impact on the crypto space!
On the daily chart, after the price of the coin hit a high and was blocked, there was a significant bearish pullback. Although there were small bullish rebounds during this period, they were merely attempts without strength, and the overall momentum was not enough to achieve a noticeable recovery effect, with the bearish sentiment intensifying! As the trading volume gradually decreases, the price has tested the short-term support area below multiple times! The current range oscillation undoubtedly just consumes the already limited trading volume more intensively, and once the short-term support below is broken, it will be the beginning of a substantial pullback!
Trend Strategy:
Short Bitcoin around the 67700-68500 area, aiming down to 65000-64500!
Short Ethereum around the 2670-2710 area, aiming down to 2540-2500!
When the flowers bloom, it's time to pick first. In the investment market, those who are first to know and feel will earn the profits of the unaware and the latecomers. Profit is the only standard to test strength! Following is the best shortcut to bid farewell to losses! Top-notch strategies, top-notch calls, top-notch execution, absolutely lead to top-notch performance! #币安上线SCR现货 #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #SEC批准多支比特币ETF期权 #牛市赛道是那条？
$BTC $ETH $BNB
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Yiming Stone Plate and Dan Group
Afternoon Kongo Head Strong
Yiming Timely Layout
Prompt Partners to Enter
Successfully Collected 600 Points Space
Profit 5500 Oil
#YGG、ADA、ENA解锁
#币安累计交易量突破100万亿美元
#美国大选前行情观察
#SEC批准多支比特币ETF期权
#牛市赛道是那条？
$BTC
$ETH
Afternoon Kongo Head Strong
Yiming Timely Layout
Prompt Partners to Enter
Successfully Collected 600 Points Space
Profit 5500 Oil
#YGG、ADA、ENA解锁
#币安累计交易量突破100万亿美元
#美国大选前行情观察
#SEC批准多支比特币ETF期权
#牛市赛道是那条？
$BTC
$ETH
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🚀 A tenfold surge is not a dream! How to quickly increase the value of 100,000 U to one million?
🔥 The wealth appreciation strategy is here! Want to take off from 100,000 U to one million? Look here!
💰 Step 1: Smart layout, 10% of the funds (10,000 U) directly hit the contract account, follow my stable strategy, small position and great wisdom, 3:1 profit and loss ratio, steady progress, no fear of fluctuations!
💎 Step 2: Mainstream coins stabilize the country! 40% of the funds are allocated, Bitcoin, Ethereum, BNB, SOL are all included, stable income and potential coexist, escort your road to wealth!
💥 Step 3: The hunting ground of altcoins is open! 50% of the funds, aiming at potential stocks such as ONDO, NEIRO, EIGEN, APE, BLUR, RARE are also worth your possession! In the NFT heat wave, APE, BLUR, etc. can't be missed!
📈 On the eve of the bull market, opportunities are everywhere! Accurate entry and exit is the key to success! Too many details? See you in the comment area, I will answer your questions!
🎉 Facing the upcoming violent bull market, I plan to ambush some tokens that are ready to explode, and also find some potential coins to get to the end of the year. Friends who like spot and contracts 👉 Main business search, get the latest strategy and detailed points!
$BTC $ETH $BNB
#币安上线SCR现货 #APE暴涨 #YGG、ADA、ENA解锁 #牛市赛道是那条？ #山寨季何时到来？
🔥 The wealth appreciation strategy is here! Want to take off from 100,000 U to one million? Look here!
💰 Step 1: Smart layout, 10% of the funds (10,000 U) directly hit the contract account, follow my stable strategy, small position and great wisdom, 3:1 profit and loss ratio, steady progress, no fear of fluctuations!
💎 Step 2: Mainstream coins stabilize the country! 40% of the funds are allocated, Bitcoin, Ethereum, BNB, SOL are all included, stable income and potential coexist, escort your road to wealth!
💥 Step 3: The hunting ground of altcoins is open! 50% of the funds, aiming at potential stocks such as ONDO, NEIRO, EIGEN, APE, BLUR, RARE are also worth your possession! In the NFT heat wave, APE, BLUR, etc. can't be missed!
📈 On the eve of the bull market, opportunities are everywhere! Accurate entry and exit is the key to success! Too many details? See you in the comment area, I will answer your questions!
🎉 Facing the upcoming violent bull market, I plan to ambush some tokens that are ready to explode, and also find some potential coins to get to the end of the year. Friends who like spot and contracts 👉 Main business search, get the latest strategy and detailed points!
$BTC $ETH $BNB
#币安上线SCR现货 #APE暴涨 #YGG、ADA、ENA解锁 #牛市赛道是那条？ #山寨季何时到来？
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On October 17, joined with 5000u, successfully realized a margin trade on October 23! Currently at 24700u!
Elegant language cannot be converted into profit, and empty boasting will not become strength. Profit is not based on luck, and strength is not measured by flattery. Visible strength, tangible profit, immediate strategy, current price order, friends with poor luck should stick to the mindset, climb out of the pit, and recover quickly! $BTC $ETH $BNB #币安上线SCR现货 #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #牛市赛道是那条？
Elegant language cannot be converted into profit, and empty boasting will not become strength. Profit is not based on luck, and strength is not measured by flattery. Visible strength, tangible profit, immediate strategy, current price order, friends with poor luck should stick to the mindset, climb out of the pit, and recover quickly! $BTC $ETH $BNB #币安上线SCR现货 #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #牛市赛道是那条？
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Noon Thought 67500 Entry
Evening Rebound 67500
🐶 The owner is picking us up
Missed this wave
Next wave, who knows when it will come
Brothers, get on board, short in
Horizontal push dog owner
#SEC批准多支比特币ETF期权 #美国大选前行情观察 #牛市赛道是那条？ #BTC #ETH $BNB
Evening Rebound 67500
🐶 The owner is picking us up
Missed this wave
Next wave, who knows when it will come
Brothers, get on board, short in
Horizontal push dog owner
#SEC批准多支比特币ETF期权 #美国大选前行情观察 #牛市赛道是那条？ #BTC #ETH $BNB
10.24 Operational Advice Analysis
The brave wrestle through turbulent waters without sinking, while cowards will drown even in calm seas.
MACD: The 4-hour MACD is below the zero line, with convergence signs on the fast and slow lines, indicating potential short-term rebound momentum.
EMA: The current price is slightly above EMA7 (66944), but below EMA30 (67275) and EMA120 (65548), indicating a weak short-term trend, while the medium to long-term trend remains upward.
BTC Operational Advice
67500 Short 68000 Add Position 68300 Stop Loss Target 65000
#YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #牛市赛道是那条？ #BTC #ETH $BTC $ETH $BNB
The brave wrestle through turbulent waters without sinking, while cowards will drown even in calm seas.
MACD: The 4-hour MACD is below the zero line, with convergence signs on the fast and slow lines, indicating potential short-term rebound momentum.
EMA: The current price is slightly above EMA7 (66944), but below EMA30 (67275) and EMA120 (65548), indicating a weak short-term trend, while the medium to long-term trend remains upward.
BTC Operational Advice
67500 Short 68000 Add Position 68300 Stop Loss Target 65000
#YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #牛市赛道是那条？ #BTC #ETH $BTC $ETH $BNB
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17
The next internal spot password is coming, something big is on the way!
It will rise as quickly as MEW and APE.
Guess which one it is?
AVIVE's official announcement states that a month-long ecological expansion campaign will begin, allowing users holding AVIVE on-chain to automatically increase earnings without needing to claim or stake tokens.
In simple terms, you just need to keep your coins on the chain without staking anything to automatically mine AVIVE and generate more earnings.
Do you remember the doubling APE earlier? It followed this exact model, directly doubling APE.
So, one way or another, AVIVE should also double this time!
With positive news and the overall market poised to rebound at any moment, this is definitely worth considering for spot allocation.
If you missed the doubling APE and the internal password MEW, don't miss AVIVE again.
On OK, spot allocation, enter at the current price around 0.003014, heavy allocation, go all in, doubling is expected!
If you're feeling confused right now, feel free to click on my avatar to find me; I share strategies and discuss daily $ETH $SOL $BNB
#特斯拉Q3比特币持仓不变 #美国大选前行情观察 #牛市赛道是那条？
The next internal spot password is coming, something big is on the way!
It will rise as quickly as MEW and APE.
Guess which one it is?
AVIVE's official announcement states that a month-long ecological expansion campaign will begin, allowing users holding AVIVE on-chain to automatically increase earnings without needing to claim or stake tokens.
In simple terms, you just need to keep your coins on the chain without staking anything to automatically mine AVIVE and generate more earnings.
Do you remember the doubling APE earlier? It followed this exact model, directly doubling APE.
So, one way or another, AVIVE should also double this time!
With positive news and the overall market poised to rebound at any moment, this is definitely worth considering for spot allocation.
If you missed the doubling APE and the internal password MEW, don't miss AVIVE again.
On OK, spot allocation, enter at the current price around 0.003014, heavy allocation, go all in, doubling is expected!
If you're feeling confused right now, feel free to click on my avatar to find me; I share strategies and discuss daily $ETH $SOL $BNB
#特斯拉Q3比特币持仓不变 #美国大选前行情观察 #牛市赛道是那条？
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24/10/24 BTC returns to platform trend breakthrough, the decline C wave is completed, short-term looks for a rebound, will the market push towards 72000 next?
24/10/24 BTC returns to platform trend breakthrough, the decline C wave is completed, short-term looks for a rebound, will the market push towards 72000 next?
The Bank of Canada announces a significant rate cut of 50 basis points for the fourth consecutive time, the November 5 election and the November 8 rate cut of 25 basis points, now the only uncertainty is whether Comrade Jian Guo or Harris will go, just wait for the result.
The big coin broke through the return platform trend line, the price hasn’t changed and the position is gone. In the evening, the big coin fell to 65200 and rebounded before the article was published near 67300, which also recovered yesterday's pin low point, also in line with what we said about a 4-hour three-wave C wave.
The Bank of Canada announces a significant rate cut of 50 basis points for the fourth consecutive time, the November 5 election and the November 8 rate cut of 25 basis points, now the only uncertainty is whether Comrade Jian Guo or Harris will go, just wait for the result.
The big coin broke through the return platform trend line, the price hasn’t changed and the position is gone. In the evening, the big coin fell to 65200 and rebounded before the article was published near 67300, which also recovered yesterday's pin low point, also in line with what we said about a 4-hour three-wave C wave.
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11
L2 is about to become a worthless dog
Why do I say this? Because L2 essentially aims to reduce ETH transaction fees and increase transaction speed.
But it has already been achieved; there are now dozens of L2s, and the fees are extremely low, with many chains completely idle.
Out of dozens of L2s, how many will ultimately survive to become part of our daily use? I would say very few.
The infrastructure is too strong, and on-chain applications have not kept up at all.
Those L2s still in operation not only keep you waiting for 4 years without issuing tokens, but also require you to deposit several thousand U in a heartbeat. What for?
The reason for not issuing tokens is to make you spend money.
Every day of delay leads to people desperately pouring money in.
Every day of delay, the staking interest could take off.
Why issue tokens?
To release tokens and compete to the death with dozens of other chains?
Are you kidding?
Everyone is here to make money.
This is the most profitable time; what tokens should I issue???
L2s that delay issuing tokens are just being shady.
Because there are always people willing to be taken advantage of and manipulated.
Don't be fooled by bad actors anymore; take care of your wallet.
If you are feeling confused right now, feel free to click on my avatar to find me. I share strategies and discuss together every day. $ETH $SOL $BTC
#币安累计交易量突破100万亿美元 #ETHBTC汇率新低 #牛市赛道是那条？
L2 is about to become a worthless dog
Why do I say this? Because L2 essentially aims to reduce ETH transaction fees and increase transaction speed.
But it has already been achieved; there are now dozens of L2s, and the fees are extremely low, with many chains completely idle.
Out of dozens of L2s, how many will ultimately survive to become part of our daily use? I would say very few.
The infrastructure is too strong, and on-chain applications have not kept up at all.
Those L2s still in operation not only keep you waiting for 4 years without issuing tokens, but also require you to deposit several thousand U in a heartbeat. What for?
The reason for not issuing tokens is to make you spend money.
Every day of delay leads to people desperately pouring money in.
Every day of delay, the staking interest could take off.
Why issue tokens?
To release tokens and compete to the death with dozens of other chains?
Are you kidding?
Everyone is here to make money.
This is the most profitable time; what tokens should I issue???
L2s that delay issuing tokens are just being shady.
Because there are always people willing to be taken advantage of and manipulated.
Don't be fooled by bad actors anymore; take care of your wallet.
If you are feeling confused right now, feel free to click on my avatar to find me. I share strategies and discuss together every day. $ETH $SOL $BTC
#币安累计交易量突破100万亿美元 #ETHBTC汇率新低 #牛市赛道是那条？
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Why are Meme coins more attractive than VC coins?
The appeal of Meme coins stems from their high expectations, which have gradually garnered more attention in the market. Many investors have abandoned VC coins mainly due to repeated frustrations in exchanges, leading to growing doubts about VC coins.
Taking some major cryptocurrencies listed on Binance this year as examples, such as STRK, ZK, W, and SAGA, their performances have been less than satisfactory, with prices noticeably declining. This is primarily due to the relatively arbitrary unlocking mechanisms of VC coins, which often leave investors feeling uneasy. In contrast, Meme coins possess different characteristics.
Valuable Meme coins, especially those with strong community support, often manage to form a broad consensus. Their chips are more dispersed, relying on community drive and support, with significant potential for price increases. If the community is strong enough, achieving 100-fold or even 1000-fold gains is not impossible. In comparison, VC coins face more internal restrictions, as their issuers cannot easily compromise their own interests.
Therefore, the vitality and potential exhibited by Meme coins in the market often make investors more willing to participate. This characteristic driven by community consensus makes Meme coins unique in the cryptocurrency market, attracting increasing attention. #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #SEC批准多支比特币ETF期权 #牛市赛道是那条？
The appeal of Meme coins stems from their high expectations, which have gradually garnered more attention in the market. Many investors have abandoned VC coins mainly due to repeated frustrations in exchanges, leading to growing doubts about VC coins.
Taking some major cryptocurrencies listed on Binance this year as examples, such as STRK, ZK, W, and SAGA, their performances have been less than satisfactory, with prices noticeably declining. This is primarily due to the relatively arbitrary unlocking mechanisms of VC coins, which often leave investors feeling uneasy. In contrast, Meme coins possess different characteristics.
Valuable Meme coins, especially those with strong community support, often manage to form a broad consensus. Their chips are more dispersed, relying on community drive and support, with significant potential for price increases. If the community is strong enough, achieving 100-fold or even 1000-fold gains is not impossible. In comparison, VC coins face more internal restrictions, as their issuers cannot easily compromise their own interests.
Therefore, the vitality and potential exhibited by Meme coins in the market often make investors more willing to participate. This characteristic driven by community consensus makes Meme coins unique in the cryptocurrency market, attracting increasing attention. #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #SEC批准多支比特币ETF期权 #牛市赛道是那条？
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Thursday, October 24
In the early morning, Bitcoin continued to gain strength. After breaking through to around 69,500, it started to retrace, dropping to around 65,260. The altcoin dropped to a minimum of around 2,442 points.
From the four-hour chart, the K-line is near the middle track support level. Considering the current strong bearish momentum, it is still advisable to focus on bearish trades in the morning.
Morning trading suggestions:
Bitcoin near 66,900-67,200 for shorting, target around 66,200-65,700
Ethereum near 2,550-2,570 for shorting, target around 2,500-2,470
At 24:00 Beijing time, U.S. stocks closed lower on Wednesday. The Dow fell more than 400 points, recording the largest single-day decline in a month. The Nasdaq dropped about 300 points. The Federal Reserve's Beige Book showed that inflation continues to slow, reinforcing the case for a 25 basis point rate cut at the next meeting. U.S. Treasury yields hit a three-month high. A number of important corporate earnings reports were released. The market continues to focus on the U.S. election and the prospects for Fed rate cuts. #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #比特币挖矿难度创历史新高 #币安上线SCR现货 #牛市赛道是那条？
In the early morning, Bitcoin continued to gain strength. After breaking through to around 69,500, it started to retrace, dropping to around 65,260. The altcoin dropped to a minimum of around 2,442 points.
From the four-hour chart, the K-line is near the middle track support level. Considering the current strong bearish momentum, it is still advisable to focus on bearish trades in the morning.
Morning trading suggestions:
Bitcoin near 66,900-67,200 for shorting, target around 66,200-65,700
Ethereum near 2,550-2,570 for shorting, target around 2,500-2,470
At 24:00 Beijing time, U.S. stocks closed lower on Wednesday. The Dow fell more than 400 points, recording the largest single-day decline in a month. The Nasdaq dropped about 300 points. The Federal Reserve's Beige Book showed that inflation continues to slow, reinforcing the case for a 25 basis point rate cut at the next meeting. U.S. Treasury yields hit a three-month high. A number of important corporate earnings reports were released. The market continues to focus on the U.S. election and the prospects for Fed rate cuts. #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #比特币挖矿难度创历史新高 #币安上线SCR现货 #牛市赛道是那条？
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bome is only 0.000011 away from perfectly reaching our target. Currently, bome has increased by nine points.
Partial profit-taking can be done to exit with gains. This trade will not be tracked further. Will the price of Bitcoin continue to rise? Stay tuned for night cooking, bull market strategy layout, share various passwords, and let you know more about hundred-fold coins #SEC批准多支比特币ETF期权 #牛市赛道是那条？ #盘整行情分析 #美SEC主席祝贺比特币白皮书16周年
Partial profit-taking can be done to exit with gains. This trade will not be tracked further. Will the price of Bitcoin continue to rise? Stay tuned for night cooking, bull market strategy layout, share various passwords, and let you know more about hundred-fold coins #SEC批准多支比特币ETF期权 #牛市赛道是那条？ #盘整行情分析 #美SEC主席祝贺比特币白皮书16周年
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Sunshine Brother: The current low of Bitcoin has been tested, and the daily chart has formed a lower shadow. This is a good phenomenon. If Bitcoin continues to drop to around 66100-65800, it would be a good buying opportunity. My current judgment is that the bull market has not ended, so I still think about finding opportunities to buy. If you are bearish on the future market, then do not buy. #SEC批准多支比特币ETF期权 #牛市赛道是那条？ #牛市赛道是那条？ #比特币挖矿难度创历史新高 #比特币挖矿难度创历史新高 $BTC $ETH $SOL