Bitcoin maintains a volatile pattern at a high level. The daily level indicators have shown signs of overbought, but there will be no sharp drop at the daily level. These are all hourly level adjustments, and this trend will continue.
It should be noted that when Bitcoin falls and pulls back, the altcoins will amplify the decline. This is the norm in a bull market, and such large fluctuations in the altcoins will continue for some time. There is no big problem with the spot market, but contract players need to pay attention.
Bitcoin may continue to set new highs at any time, with the target being around 100,000.
DEXX was stolen this morning. The sky is falling.
Seeing many of my friends’ assets being stolen and suffering huge losses is really heartbreaking and depressing.
Regarding the theft of DEXX, it may be affected by bitcat last night. Although most tools are difficult to complete transactions, DEXX is more affected. People began to say "no more DEXX". The technical staff found that funds were flowing out after looking at the background data, so they decided to take action in advance. It is not ruled out that theft was committed by the insiders. In the currency circle, you must pay attention to the safety of your funds! Protect your bullets!
DEXX’s impact on memes:
DEXX was stolen, and memes such as BAN and LUCE fell to varying degrees: BAN fell by about 30% since the incident, and LUCE fell by about 20% since the incident.
The impact on the meme on BN is relatively small. During the period when DEXX was stolen, the decline of ACT PNUT and other currencies was limited. Maybe everyone has already recharged their chips to the exchange.
The meme trend has been formed. The theft of DEXX has a short-term impact on the meme on the chain, but it will not affect the long-term trend of the meme. We continue to be optimistic about the meme. Observe the market to see if there is an opportunity to pick up cheap chips.
Adjust your mindset, there are many opportunities in a bull market, explore opportunities in the market.
Yesterday, OKX launched moodeng spot and BN launched Degen contracts.
Ai agent track's Goat and Virtual both have good gains, bucking the market trend. Maybe the wind is blowing towards the ai agent track, so continue to observe.
BN has launched Degen’s contract, and the meme on the Base chain may be able to be launched on BN. If so, the meme on Base may explode, so keep observing.
➜ $PNUT
▶ MC: $1.905 billion
▶24-hour trading volume: $4.271 billion
The recent breakout of a symmetrical triangle pattern usually signals a bullish continuation. A confirmed breakout above the 1.93 resistance level would support a fresh rally.
Looking at the MACD, the MACD line moved above the signal line, a positive sign confirming the strengthening bullish momentum.
Data shows that there is a strong interest in PNUT among "whales" (large investors), with its largest holder controlling approximately 27 million tokens worth over $51 million, reflecting people's confidence in the potential of PNUT.
PNUT broke out of the triangle pattern, and the outlook is positive, supported by bullish technical indicators and active actions of "whales". Although its social dominance has slightly declined, the technical advantage and balanced liquidation ratio indicate that PNUT is expected to rise further, and if it breaks through the resistance level, it is expected to continue to rebound in the near term.
➜ $ACT
▶ MC: $707 million
▶24-hour trading volume: $893 million
- A Solana-based memecoin called Act One: AI Prophecy (ACT)
-ACT is a digital currency that was listed on Binance together with PNUT. It has soared nearly 50 times since its launch. The trading volume has surged, and I think there is still room for growth.
There is still great potential when the European and American companies go online.
➜ $TREES
▶ MC: $728 million
▶24-hour trading volume: $820 million
BOME has been hovering in a price range for more than 155 days and seems to be about to break through this limit. Once it really breaks out, the price may surge by 200%!
Why am I so confident? I looked at the current value of BOME and felt that it was like a "treasure coin" that has not yet been widely discovered and loved. Look at other popular coins, they have already made a lot of money. I think BOME has great market potential, and it may reach a market value of 2.4 billion US dollars one day!
➜ $BONK
▶ MC: $2.932 billion
▶24-hour trading volume: $1.921 billion
$BONK has just broken through the huge triangle consolidation range in the past year. If it retraces and confirms, it will be an opportunity worthy of bold layout.
-BONK’s next step will be quite radical, especially with the addition of the following catalysts, it will stand out among the meme coins:
1. Robinhood and Webull are rumored to be going public soon, which will unlock liquidity for US retail investors
2. The only memecoin with ETP
3. The only new memecoin listed on Coinbase
4. BonkBot’s strong buyback/destruction pressure
5. Upbit USDT trading pair has been launched, and Korean Won (KWR) trading pair will be launched soon, which may stimulate the enthusiasm of the Korean market
These catalysts make BONK impossible to ignore.
