[Golden September and Silver October: Will the crypto market replicate last year’s bull market? ]
We have compiled the opinions of celebrities from representative institutions and recent positive and negative events in order to have a clearer understanding of the future crypto market trends. The following is for your reference only, please be cautious when investing! 😀Positive events and bullish outlook Positive events: 1. Russia allows the use of cryptocurrencies for international trade. 2. The U.S. SEC no longer seeks to restart hedge fund transaction fee disclosure rules. 3. Zurich Cantonal Bank launches Bitcoin and crypto products. 4. Metaplanet has reached a cooperation with the encryption department of Japanese financial giant SBI and will continue to increase its holdings of Bitcoin. Metaplanet has acquired 360 Bitcoins ($207 million) so far, using its main reserve assets as collateral to enhance its ability to obtain equity and debt financing.
📊 Market Sentiment Analysis The news sentiment is generally positive, and multiple news reports show that the market is optimistic about the future trend of SOL after it broke through the key resistance level. The trading volume increased, showing that the market's interest and participation in SOL increased. Investors are optimistic about the potential upside of SOL, and the target price is set at $260.
📈 Technical Analysis The RSI indicator is 42.47, close to the oversold area, showing that there may be a chance of a rebound in the short term. The Bollinger Bands show that the current price is close to the middle and lower tracks, indicating that the price may fluctuate in this area. The DMI indicator shows that the negative momentum (MDI) is stronger than the positive momentum (PDI), but the ADX value is 24.89, indicating that the trend strength is weak. The MACD indicator shows a negative value, and the MACD line is below the signal line, indicating that the current market is in a downward trend. The K and J values of the KDJ indicator are lower than the D values, indicating that there may be a chance of a rebound in the short term. The moving average (MA) shows that the current price is lower than the MA, indicating that the price may continue to be under pressure in the short term.
💡 Recommendations and trading strategies It is recommended to hold a short position in the short term and wait for a clearer rebound signal. The short-term trading cycle is recommended to be 1 hour to 4 hours, and pay close attention to market dynamics. Due to the positive market sentiment, it is recommended to consider stop loss when the price breaks through $213. If the price falls below $208, consider taking profit. The above is only for personal sharing and does not constitute investment advice. Investment is risky DYOR!
📊 Market sentiment analysis News sentiment is generally positive, with multiple sources predicting significant gains for SOL. Investor interest in SOL increased, especially after its price broke through key support levels. Robinhood's re-listing of SOL shows that market concerns about its regulatory risks have eased. 📈 Technical analysis The RSI indicator is 57.11, which is close to the overbought area, indicating some buying pressure. The upper track of the Bollinger Band is 222.38, the middle track is 214.30, and the lower track is 206.23. The current price is close to the middle track, showing a certain room for growth. The DMI indicator shows that +DI (19.13) is higher than -DI (15.51), indicating that buyer power is slightly stronger. The MACD indicator shows a positive value and the MACD line is above the signal line, indicating an upward trend in the short term. Among the KDJ indicators, the K value (80.90) and J value (95.96) are relatively high, showing a strong buy signal. The current price is close to the pivot point (218.41), indicating that the market may be consolidating at this level.
💡 Recommendations and trading strategies It is recommended to consider a “long position” as technical indicators suggest upside potential in the short term. The recommended trading period is short-term, based on technical indicators on the 1-hour chart. The data showed higher confidence levels as multiple indicators supported the upward trend. From a technical analysis perspective, it is recommended that the take-profit price be near $220.00 and the stop-loss price be near $215.00.
The above is only personal sharing and does not constitute investment advice. Investment is risky and be prepared to DYOR!
📊 Market Sentiment Analysis The overall news sentiment is positive, with multiple sources predicting that SOL could reach $600 during a bull market cycle. Solana's network metrics show continuous growth, attracting more institutional interest. Recently, the price rebounded to the previous high of $259, indicating market confidence in SOL. 📈 Technical Analysis The RSI indicator is at 34.29, close to the oversold zone, which may suggest a price rebound opportunity in the short term. The current price is below the middle band of the Bollinger Bands ($210.88) and close to the lower band ($204.52), indicating that the price may be undervalued. The DMI indicator shows a strong sell signal, with MDI (29.62) higher than PDI (11.34), and the ADX at 28.02, indicating a strong current market trend. The MACD indicator is negative, and the MACD line is below the signal line, showing downward pressure. The KDJ indicator shows that the K value (22.90) is below the D value (33.75), suggesting a potential continued decline in the short term. 💡 Recommendations and Trading Strategy In the short term, it is recommended to hold short positions and wait for clearer rebound signals. The suggested trading cycle is short-term, closely monitoring market dynamics and changes in technical indicators. Due to the positive market sentiment, long-term investors may consider gradually building positions at lower price levels. A stop-loss is suggested to be set below $200, with a take-profit target that can be considered around $210.
The above content is purely personal sharing and does not constitute investment advice. Investing involves risks, DYOR!
💵Rewards of up to 10 million US dollars for #IoTeX, are you sure you don't want to take it! IoTeX, OKX and Gate have aggregated a number of DePIN + DeFi projects to launch a joint incentive event with a total value of up to 10 million US dollars. Earn BinoBits (#BB) points to share 100 million IOTX tokens. ✨ About IoTeX: @iotex_io is the only DePIN modular infrastructure and an open platform for modular construction of AI+DePIN infrastructure. The disclosed financing amount is as high as 85 million US dollars and there are 2 undisclosed amounts. $IOTX tokens were listed in 2018 and the current price is around 0.044u. In general, the strength is very strong. More than 20 DePIN projects have participated in this DePIN Super Ecological Season. The community can conduct dual mining or even "triple mining" in the event, and obtain rewards from IoTeX, DeFi protocol and DePIN protocol at the same time, and obtain unexpected returns. ⏰Activity time: October 30, 2024 ~ January 29, 2025 BB points acquisition strategy 1. Interaction points for free In 7 DeFi protocols every day, the first 10 interactions can earn 350 BB points (including 1U transactions), and 10,500 BB points per month, with extremely low cost. 2. DePIN tasks Complete 20 Social tasks of DePIN projects to earn BB points at zero cost. Multiple projects are about to be launched, and the task income is considerable. 3. For transaction volume, choose Mimo, Izumi and other DEX interactions. 100,000 IOTX transactions lose about 10,000 IOTX, earn 130,000 points, and a yield of 3%. Participate in DEX holding incentives, hold 100,000 IOTX and increase 130,000 points per month, no loss, and an annualized rate of over 90%. 4. High-yield players: Stake IOTX Stake IOTX for 100 days and you can get an annualized return of more than 105%. 5. OKX offers its users an additional 20% bonus on points.
♥️ The first batch of 10 DeFi projects and 20 DePIN projects will participate, with each project investing 25k-200k USD in rewards. Many tokens in these projects will be launched soon, giving users direct opportunities to obtain tokens and unexpected potential benefits. $IOTX is expected to be launched on OKX and South Korea's UPBIT exchange, and may open trading pairs for Korean won and USDT.
Trump Elected: Is the Golden Age of Cryptocurrency Coming? #BTC创历史新高 #美国大选后涨或跌? #特朗普宣布胜选 Today, the topic of the U.S. election has taken the headlines by storm, with Trump leading the way, causing the crypto market to soar, and the overall market once breaking through $7500. The crypto community is excitedly supporting Trump, with some KOLs even initiating giveaways to celebrate his lead.
This support is not without reason—Trump has clearly opposed Central Bank Digital Currencies (CBDC) and supports Bitcoin mining, demonstrating his preference for decentralized finance.
With Trump's successful election, his policies will undoubtedly bring a series of benefits to cryptocurrency, especially Bitcoin. Trump himself has also founded a family token, showing a strong interest in cryptocurrency, and it can be expected that he will further promote market development after taking office. The entire crypto ecosystem may welcome a new growth period.
Personal Insight: Bitcoin and Solana May Be the Biggest Winners In this bull market, BTC is clearly still the core. However, ETH is currently weak, facing challenges from competitive pressures in L2 and retail disappointment over EVM ecosystem airdrops. In contrast, Solana shows strong growth potential and may even replicate BTC's explosive rise. The meme coin ecosystem on the Solana chain is rapidly expanding, while the political meme coins that ETH previously dominated are also starting to explode on the Solana chain, attracting a large number of on-chain players to move to Solana in search of opportunities.
If meme coins experience a new round of explosive popularity next year, Solana is very likely to take off with the momentum. I personally hold a positive and optimistic attitude towards the upcoming bull market, believing that BTC and Solana will lead this wave. Like and share.
📊Market Sentiment Analysis Positive sentiment from institutional investments and whale activity indicates strong interest in Solana. Sentiment on the news is mixed, with concerns about a potential bearish turn and price consolidation below resistance. Overall, market sentiment is cautiously optimistic amid strong institutional support.
📈Technical Analysis The RSI is 58.70, indicating neutral to slightly bullish momentum and has not yet entered the overbought zone. The Bollinger Bands show that the price is close to the upper limit, suggesting potential resistance around $163.84. The pivot points indicate immediate resistance at $162.98 and support at $162.45. The DMI shows a slightly bullish trend, with ADX at 22.57, PDI at 21.66, and MDI at 19.31, indicating a weak trend. MACD is positive with a histogram of 0.57, indicating bullish momentum. KDJ shows a strong bullish signal with K at 86.71, D at 72.32, and J at 115.49, indicating potential overbought conditions.
💡Recommendations and Trading Strategies Consider taking a long position given the positive institutional sentiment and bullish technical indicators. A short-term trading strategy is recommended due to the current market volatility and mixed news sentiment. Confidence levels are moderate given the mixed news sentiment and technical indicators. Take profit near $163.84 (upper Bollinger band) and stop loss at $162.45 (pivot support). The above content is for personal sharing only and does not constitute investment advice. Investment is risky, enter with caution! #美国大选后涨或跌? #11月市场预测
Have you heard about Binance's smart arbitrage? ! I heard that you can earn funding fees by using automatic arbitrage strategies!
Binance Smart Arbitrage Overview: Smart arbitrage mainly hedges against market price fluctuations by holding positions in opposite directions in the spot market and the perpetual contract market. It focuses on collecting funding rates rather than profiting from price changes. When the funding rate is positive, short contracts and long spot will receive funding fees; vice versa.
Key benefits: Low risk return: Manage risk through Delta hedging strategies to reduce the impact of price fluctuations on returns. Earn funding fees: According to the changes in funding rates, users can earn fees by holding corresponding positions, and the income is relatively stable.
Current Price: $154.78 📊 Market Sentiment Analysis The overall sentiment of the news is positive, SOL has performed strongly in the past few days, and the market is optimistic about its breakthrough of key resistance levels. Recent news shows that the price of SOL has risen by 4%, and it is likely to continue to rise. The overall optimism of investors in the crypto market may drive further growth of SOL.
📈 Technical Analysis The RSI indicator is 51.67, close to the neutral area, showing that the market is not obviously overbought or oversold. The Bollinger Bands show that the current price is close to the middle band, and volatility may increase. The DMI indicator shows that the ADX is 40.05, indicating that the market trend is strong, and the PDI is higher than the MDI, indicating an upward trend. The MACD indicator shows a negative MACD histogram, indicating that there may be some downward pressure in the short term. The KDJ indicator shows that the K value is lower than the D value, which may suggest a price adjustment in the short term. The order book shows that there are slightly more sell orders than buy orders, which may put short-term pressure on the price.
💡 Recommendations and trading strategies It is recommended to hold a "long position" in the short term, but you need to pay close attention to market changes. The short-term trading cycle is recommended to be 1-2 days, because the market sentiment is positive and the technical indicators show an upward trend. Due to the positive market sentiment, the confidence level is high, but you need to be wary of the short-term adjustment signals shown by technical indicators. The take-profit price is recommended at $160 and the stop-loss price is recommended at $153.
All sharing is not investment advice, investment is risky, DYOR!
Market Sentiment Analysis Recent news indicates mixed market sentiment but slightly positively tilted as some articles suggest potential for a breakout while others highlight recent struggles. The overall sentiment presented by the news is cautiously optimistic with investors focusing on key levels for potential growth. The market has shown resilience with SOL holding above $145, which some investors see as a bullish sign.
Technical Analysis The RSI is currently at 55.29, indicating neutral to slightly bullish momentum as it is above 50 but not in overbought territory. The Bollinger Bands show that current price is around the middle band, indicating a balanced market with no extreme volatility. The DMI shows a slightly bullish trend with the ADX at 26.07 showing moderate trend strength with +DI above -DI. The MACD shows a bearish crossover with the MACD line below the signal line but the histogram is narrowing, indicating potential for a reversal. The KDJ indicator presents a neutral position, with the K value slightly higher than the D value, suggesting that the market is indecisive. The order book shows that strong support is around $146.44 with a large number of buy orders, while resistance is at $146.86 with a large number of sell orders.
Recommendations and Trading Strategies If the price breaks through the upper Bollinger Band level of $147.36, indicating a possible breakout, consider establishing a long position. For short-term trading, monitor the support level of $146.44 and the resistance level of $146.86 for potential entry and exit points. The confidence in the current analysis is moderate due to the mixed signals from technical indicators and market sentiment. Based on the pivot point and support/resistance levels, it is recommended to take profit at $147.70 and stop loss at $145.60.
The above is only for personal sharing and does not constitute investment advice! Investment is risky, please do DYOR!
[Important information in the currency circle early and late on October 11] $BTC $ETH $SOL 1. FTX customers accused hedge fund Olympus Peak of failing to pay the full amount of its debt sale proceeds 2. Bitcoin spot ETF has a total net asset value of US$55.151 billion, with a cumulative net inflow of US$18.554 billion 3. Ethereum spot ETF has a total net asset value of US$6.472 billion, with a cumulative net outflow of US$559 million 4. CryptoQuant CEO: Bitcoin may experience the longest sideways trading in the halving year 5. cbBTC's circulating supply reached 5,844 pieces, and the proportion on the Base chain rose to 73.4% 6. Solana chain Meme project MARU 24H increase of 120%, now at $0.002663
7. Binance spot adds EIGEN/TRY and other trading robot services
8. Movement chooses LayerZero as its interoperability provider
9. In the past 24 hours, the entire network has exploded $188 million, mainly long orders, and the total market value of cryptocurrencies has dropped to $2.208 trillion
10. Coinbase International Station will launch BIGTIME perpetual contracts
Follow the information and don’t get lost, cici shares the latest and hottest information in the currency circle every day #6万保卫战 #meme超级周期 #币安LaunchpoolSCR
📊 Market Sentiment Analysis Market sentiment has been mixed recently. Although the break below the $146 support level has triggered some negative expectations, the recovery in prices and Ethereum's outperformance of the broader market show some positive signs, indicating that market adoption has increased. Overall, market sentiment is negative, mainly due to concerns about the loss of support levels and the failure of some startups.
📈 Technical Analysis RSI: Currently at 42.35, close to the oversold area, there may be buying opportunities. Bollinger Bands: The price is close to the lower track of $142.97, suggesting potential support and rebound possibilities. MACD: Showing negative values, the bearish trend remains, indicating that the market is under great downward pressure. DMI: The negative movement index (MDI) is stronger than the positive movement index (PDI), and the ADX is 20.27, indicating a weak trend. KDJ: The K value is low, the market is oversold and may reverse. Moving average: The price is below the moving average, maintaining a bearish trend.
💡 Trading suggestions and strategies According to the current technical indicators, shorting is more advantageous in the short term. It is recommended to focus on the trading cycle of a few hours to a day in the short term and closely monitor the reversal signal. Stop profit: can be set at around $142.50 Stop loss: recommended to be set at $146.50 The current bearish signal is more obvious, but considering the mixed market sentiment, the confidence in the downward trend is moderate. Operate with caution and control risks reasonably.
The above is only for personal sharing and does not constitute investment advice. Investment is risky, DYOR!
10.8 The latest news sharing in the currency circle in the morning and afternoon *& A-share limit up $BTC $ETH
Bitget Launchpool project CATS opens spot trading at 18:00 today
USDT C2C price fell by about 1% in a short period of time, temporarily reported at 6.9 RMB
The suspected PORTAL market maker address withdrew 2.6 million US dollars of ZRO from Binance 3 hours ago, becoming its second-ranked asset in holdings
A whale took out all 1520 ETH pledged in Stakestone 10 hours ago and deposited them in Binance
A-share securities sector limit up, stock index futures limit up across the board Odaily Planet Daily News A-share securities sector limit up, Zhongyuan Securities, Southwest Securities, Dongxing Securities, Jinlong Shares, etc. limit up across the board. The A-share semiconductor sector opened with a big rise, with 92 stocks including Hualing Shares, CapitaLand Quartz, Huicheng Shares, and National Technology hitting the daily limit.
Layer3 is launched on Solana, supporting L3 staking and other functions on Solana through Wormhole;
ether.fi: Re-staking rewards will be launched on October 15;
CEO of the Hong Kong Securities and Futures Commission: The entire framework related to virtual assets will be completed at least next year;
Bitcoin financial services company Fold submitted S-4 documents to the US SEC to prepare for listing, and currently holds more than 1,000 BTC;
Polymarket predicts that Trump's chances of winning have risen to 53.6%, and Harris's chances of winning have dropped to 45.9%;
A-share opening: Shanghai Composite Index rose 10.13%, Shenzhen Component Index rose 12.67%, and ChiNext Index rose 18.44%;
In the past 24 hours, the entire network has liquidated $248 million, of which long orders have liquidated $138 million
Bitget: CATS recharges have all been received, and the first 200,000 users will receive 30,000 token rewards today #BTC☀ #HBO纪录片或揭示中本聪身份 #大A香还是大饼香
📊Market Sentiment Analysis Recent news articles about Solana (SOL) have positive sentiment, indicating a bullish outlook. SOL has outperformed Ethereum by about 8.5% over the past 30 days, indicating increased market adoption. The technical pattern in the news suggests a possible bullish breakout with targets as high as $187.
📈Technical Analysis The RSI is 64.33, indicating slightly improved overbought conditions, but not extreme. The current price is close to the upper Bollinger Bands at $151.52, indicating potential resistance. The DMI is trending positively, with ADX at 27.48, PDI at 32.35, and MDI at 18.26, indicating a strong uptrend. The MACD histogram is negative, indicating a possible short-term bearish crossover. The KDJ indicator shows a bullish signal with K at 56.95, D at 51.42, and J at 68.00. The order book shows strong support near $150.58 and resistance near $150.95.
💡Recommendations and Trading Strategies Given the positive market sentiment and technical indicators, consider taking a long position. For short-term trading, monitor price action near the resistance level of $151.52 (upper Bollinger Band) and the support level of $150.58. The confidence level is medium due to mixed signals from the MACD and RSI. It is recommended to take profit to $153.65 (pivot point R2) and stop loss to $148.59 (pivot point S1)
The above is only for personal sharing and does not constitute investment advice. Investment is risky, so enter with caution! #加密市场反弹 #HBO纪录片或揭示中本聪身份 #Moonbix
10.5 Evening Cryptocurrency News 1. The transaction volume of 6 Hong Kong crypto asset ETFs today is HK$9.3591 million; 2. The total asset management scale of Hong Kong Bitcoin ETF exceeds HK$2 billion, and OSL partners account for more than 60%; 3. Biden: Worried that Trump "refuses to accept the results of the election"; 4. Vitalik sells Meme tokens on the chain, including MOODENG, Nerio, etc.; 5. EigenLayer: The $5.7 million hacker attack is an "isolated" incident, and there are no loopholes in the protocol; 6. The US government requested the confiscation of 200,000 USDT related to the Ohio Bitcoin theft; 7. Cuban: If the SEC Chairman was not Gary Gensler, the collapse of FTX could have been avoided; 8. Cosmos developer Interchain Foundation sold 4,000 ETH raised in the April 2017 ICO 27 hours ago.
📊Market Sentiment Analysis Recent news indicates positive sentiment towards the cryptocurrency market, with SOL hitting a new all-time high. Institutional interest in Solana is seen as a potential advantage over Ethereum, indicating long-term positive sentiment. Despite some negative sentiment due to market corrections and geopolitical tensions, the overall sentiment remains cautiously optimistic.
📈Technical Analysis The RSI is 59.33, indicating neutral to slightly bullish momentum as it is below the overbought threshold of 70. The Bollinger Bands show that the current price is close to the upper limit, suggesting potential resistance and a possible pullback. The DMI shows a positive trend, with +DI (28.21) above -DI (16.47) and ADX at 21.10, indicating a moderately strong trend. The MACD is slightly bearish with a negative histogram, indicating the potential for a pullback in the short term. The KDJ indicator shows a bullish signal with the K value (77.56) higher than the D value (74.34), but the J value (83.97) is close to overbought levels, suggesting a need for caution. The order book shows strong support near $143.75 and resistance near $144.35, suggesting a narrow trading range.
💡Recommendations and Trading Strategies Consider a short-term long position if the price breaks the resistance at $144.35 with strong volume. For short-term trading, monitor the support at $143.75 for potential buying opportunities. Given the mixed signals from technical indicators, confidence in the current trend is moderate. Profit is recommended at $145.18 (upper Bollinger Band) and stop loss at $143.33 (pivot point S3).
The above content is only for personal sharing and does not constitute investment advice. Investment is risky, DYOR! #大A香还是大饼香 #sol板块
📊 Market Sentiment Analysis Solana’s recent news sentiment is polarized: Positive news: SOL may break through the $140 resistance zone, and Solana is committed to developing the “financial Internet” of the on-chain economy. Negative news: The co-founder’s criticism of the Biden administration has caused some investors to worry, which may affect market confidence. The overall sentiment is positive, driven by expectations of price increases and technological progress.
📈 Technical Analysis RSI: 54.63, in neutral territory, neither overbought nor oversold. Bollinger Bands: The price is close to the upper limit, showing resistance near $140.30. Pivot Point: The price is close to the pivot level of $139.95, with resistance at $140.28 and support at $139.34. DMI: The trend is strong, with ADX at 30.09, but PDI is only slightly above MDI, and the bullish momentum is not strong. MACD: A bullish crossover occurred, and the histogram is positive, indicating an upward momentum. KDJ: The K value is 82.17, indicating an overbought state, or there is a risk of price adjustment.
💡 Trading strategy suggestions If the price breaks through $140 and the volume is strong, you can consider going long, as technical indicators show upside potential. For short-term traders, pay close attention to price fluctuations around $140, which is a key resistance point. Risk management suggestions: Take profit at $141.20 (R3 resistance level) and set the stop loss at $138.40 (S3 support level). The above content is purely personal sharing and does not constitute investment advice! Investment is risky and do DYOR!