Brothers, the password is here! I recommend the meme leader on the Solana chain, WIF, which is currently priced around 2 dollars. This is also a meme sentiment indicator on the Solana chain. You can buy in batches at the current price, and feel free to increase your position below 2 dollars! Doubling in the medium to long term is not a problem! Although the current SEC chairman rejected the ETF application for SOL, once Trump takes office next month, his tenure as SEC chairman will come to an end. Additionally, next month the results for SOL's ETF will be announced again, and with the new SEC chairman taking office, the approval of SOL's ETF is highly likely to happen! #WIF
I haven't shared the spot password with everyone for a long time. Brothers who want it, press wave 1, Brother Feng will announce it to everyone right away!
In the analysis of Article 23, as long as the pancake does not fall below the previous low of 92,000 USD during the second pullback, a rebound market will follow. After the article was published, Bitcoin dropped to around 92,400 USD that night but did not break below the previous low. Yesterday, the market also welcomed the anticipated rebound. #BTC
Brother Feng said in the article that BGB will rise above 5 dollars, and it has just broken through 5 dollars, which is completely consistent with our analysis in the article. It is only a matter of time before SUI breaks 5 dollars #sui
Ethereum Begins to Strengthen, Is Altcoin Season Finally Coming?
Today is December 24, 2024, Tuesday. Bitcoin dipped to around 92520 last night, which is close to the low point from two days ago, where it reached a low of 92232. Currently, the market trend's highs are getting lower, but so far, the lows have not been broken. The U.S. stock market has closed early for Christmas, and normally, liquidity will be very low during this period. Typically, Bitcoin will experience a sideways market, while Ethereum and altcoins may have rebound opportunities. However, due to the lack of liquidity, there is also a possibility that the Asian market leaders will manipulate the market with relatively small amounts of funds to trigger liquidations. Bitcoin should continue to focus on the 92000 support level. If it breaks below, it may experience an accelerated downward movement. If downward acceleration occurs, it could present a great buying opportunity, likely a golden pit, but ultimately it will rebound.
Previously recommended to buy AAVE around 150, which has now doubled. The SUI recommended around 4 has also rebounded exceptionally strongly today, with the price approaching its previous high! Friends who followed my article yesterday can also enjoy a nice rebound today!
Good morning, brothers. Recently, it is clear that altcoins are no longer following Bitcoin's decline as they used to. This situation has been extremely rare in the past few months, proving that funds from Bitcoin have started flowing into altcoins. Perhaps soon, we will witness the arrival of a wild altcoin season!
Christmas is approaching! Will Bitcoin continue to fall? Is it time to buy the dip now?
Today is December 23, 2024, Monday. Bitcoin and Ethereum continue to decline, but altcoins show some resistance to falling. It is expected that after the market stabilizes, altcoins should have a nice rebound. From the liquidation charts of exchanges, it seems that the long positions in the contract market have almost been liquidated. Even if Bitcoin falls to $85,000, it can only explode $1.17 billion; conversely, if Bitcoin rises to $105,000, it can explode $2.4 billion in short positions. After a sharp drop, there must be a rebound. In the short term, Bitcoin's second pullback should focus on the previous low of $92,000. As long as it does not break below, I personally believe there is a high probability of a rebound.
In the morning, many people were asking whether the bull market has ended. The bull is still here; personally, I believe we are currently only in the early stages of the mid-bull market. Looking at Bitcoin's current price, even a pullback of 10,000 points isn't really that much. From the peak, it's actually only a 10% drop, and in a major bull market, a 10% drop is quite normal. The biggest characteristic of a bull market is the frequent spikes and drops, but these will only drive Bitcoin's price higher. The deeper the drop, the higher the bounce will be.
The drop yesterday was merely an excuse for the decline, but many people think it might be a bear market; actually, it's not.
There are predictions that there will be a significant drop before Trump takes office on January 20 next year. Brother Feng also has this intuition. What do you brothers think?
After Bitcoin rises, altcoins need consensus to refocus. The market will not end; it will only become more insane, but it requires time. Against the backdrop of various governments preparing to reserve Bitcoin, it is difficult for Bitcoin to experience a significant drop. If there is a major drop, it would be a good opportunity to pick up money. This point will remain valid until next year, and everyone must remember it.
Bitcoin continues to reach new highs, breaking through $108,000 last night. This trend has not instilled confidence in altcoins. In the absence of hotspots and innovation, it is difficult for consensus to remain focused for a long time. So, this year in the altcoin market, I don't know if everyone has noticed, it has been short and quick. When the market comes, it skyrockets several times in just a few days, and then it cools down.
Regarding the application for spot ETF, I personally think SOL has the best chance of being the next to be approved, so we can plan ahead for the well-known currencies in its ecosystem, such as jto, wif, jup, bome, pyth, etc.
Recently, the cryptocurrencies that have seen considerable price increases, such as Aave, Link, ETH, and Ondo, are primarily due to the buying movements from institutions under Trump, which have driven up the prices. If we look at these cryptocurrencies, we can see their common point: they are Ethereum-based coins with practical applications. So, can we boldly predict that the next buys will be the two cryptocurrencies, UNI and SUI? Which one do you think has a higher chance, brothers? $UNI $SUI $AAVE
Recently, the projects under the Trump family have frequently bought coins, all of which were bought with $cow swap. I wonder why cow has risen so sharply recently, which is quite an endorsement for it. Although I don’t know what coin the president will buy next time, he will definitely use $cow swap to buy coins next time. #COW $COW
This week on the 18th and 19th are the key dates for the Federal Reserve and the Bank of Japan's interest rate meetings, with the Bank of Japan's rate decision having the greatest impact. At this critical juncture, drastic fluctuations can easily occur.
The market in recent days has been stable for Bitcoin and Ethereum, waiting for a directional choice, while altcoins are also stable and waiting. It feels like a big wave is brewing; Ethereum's trend is still very good, and the open interest is continuously increasing, so it is very likely to continue breaking through.
Ethereum has not really entered the surge stage this round. It took Bitcoin about a week to break through 100,000 US dollars from 60,000 US dollars. The increase in a few days exceeded 10,000 points. In the first few months of Bitcoin's rise, we can clearly see that Bitcoin's ETFs have always been in a state of large inflows. The dealer has been constantly collecting chips. Recently, Ethereum's ETFs have flowed in more than Bitcoin. Bitcoin has risen so much in just a few days, so we don't have to worry about Ethereum not being able to rise. We just have to wait for the dealer to absorb enough low-priced chips first. I personally think that Ethereum reaching 10,000 US dollars is just the beginning, but before this price, there is a previous high of 4,800 US dollars, followed by the position of 8,000 US dollars doubling, so during these two positions, we must also prevent the occurrence of pin-spiking events. #以太坊 #比特币