Currently, the projects launched this season seem to be lacking in technology, don't you think? Besides $OP , which seems to stand out the most, other coins still embody the essence of 'illusory promises' and do not contribute much to Crypto.
Last season, many projects were ready and confidently declared they would kill Ether, but this season, there isn't a single project with that kind of guts. From Layer 1 to Layer 2.
Layer 2 seems to be parasitic on Ether, inadvertently causing $ETH to not 'explode' as much as before.
In Layer 1, besides $SUI , which is building well, projects like APT and SEI have not really exploded yet; according to DappRadar, there are only over 40 projects building on these two giants.
For the price to explode, the projects within the ecosystem must be strong, build well, show ambition, and have significant cash flow to market more effectively, gain investor trust more, and allow market makers to legitimize the price movement.
If we keep pushing without substance, it will not be sustainable and the question mark will linger around investors' heads, especially new ones, because newcomers will be very fond of technology.
At this time, I still see the leaders being indifferent and too relaxed. Have they run out of good ideas or lost the desire to get RICH already?
$BTC is erratic for killing Long short, while $ETH is moving sideways making it hard to predict the upcoming trend, but either way it can only: 1 is dropping 2 is going up kkk
The next support level that ETH could aim for is 3K. I wonder how Altcoin will behave if it drops to this level.
Currently, the chart of most coins resembles a Christmas tree, Christmas is over, please put them away for me, bookies.
After the downtrend, we have 2 mini waves, in that upward wave there was only a slight correction, but this time it’s pretty strong, are you guys scared yet?
So $BTC has closed the weekly candle with a RED candle. This is the second consecutive week, and considering Altcoins, we have suffered a decrease in our accounts for more than 2 weeks.
In the previous season, after BTC surpassed its ATH, there were also 2 RED weeks, and then it went up with the investors' hopes.
Will the bookmaker create a scenario exactly like the previous season so that newcomers see that playing COIN is not difficult at all?
So far, the BTC chart has been very nice, since the beginning of 2023, it has only increased and increased, with some adjustment and sw but with low amplitude.
However, few people have made money because most are playing Altcoins; many AE are probably thinking about playing BTC next season for ease. Of course, playing with a large capital will be more comfortable and less risky, but that is because Altcoins have not run yet, so they are thinking that way.
In the previous season, many AE also thought like that for a while, but later witnessing SOL AVAX MATIC SAND DOGE SHIB... the desire rose again, hard to resist Altcoins, and the result is still playing Altcoins more.
The path of BTC is still like previous seasons; it only lacks Altcoin ss for another cycle to repeat. The xx deals have not been seen yet, but only our endurance has been xx more. Fire tests gold, hardship tests strength; hopefully, the results will come to those who are persistent.
2 lowcap coins are among the top searched on Binance, followed by the 4th and 5th positions being 2 memecoins $PEPE $DOGE .
When the market is boring, lowcap vs Memecoin is always a powerful weapon for the market makers to entice newcomers. To keep people's faith even when they are losing, there are always projects that grow from a few dozen % to up to 100% despite many coins being in the red. One day, the coin you hold will be like that as well.
$BTC only ranks 6th, and ETH does not even make it into the TOP 10.
At this point, many people must be feeling frustrated with ETH, as this season has transitioned from POW to POS, and has been accepted widely, with many positives for the project, but the PRICE is sluggish, and the ROI is far behind BTC.
The inability of ETH to lift off means that Altcoins cannot yet run, and altcoin season still feels quite far away.
In this case, we need to criticize, spread FUD about ETH and Vitalik so that they see the community seems to be bored, which will push the price up, folks 😀
Red, yellow-red, red crypto, that's what the financial market showed yesterday. There are only 4 days left until the end of the month and the year 2024, currently the weekly candle is red and pulling back quite strongly, but if the last 4 days of the month surpass 97K, it will return to green candles.
With the 3 previous green candles, I personally vote for green for this month too, so that the newcomers in the next season can see how "delicious" Crypto from previous seasons really is. Making money isn't hard :D
As of now, this season's candle of $BTC is quite sexy, just missing Altcoin ss for the bookmaker to set up the third consecutive season where CRYPTO respects the cycle, an OPPORTUNITY for all investors, but in reality only 10% make money.
To be in the TOP 10%, what do we need to do, guys? Last season, staying still would bring love, but this season is quite strange :D
Until now, only $BTC has set a new ATH, while the remaining top market cap coins have not achieved that, although ETH and BNB are slightly better, having touched ATH before reversing.
The expectation for a brilliant Altcoin season has not yet arrived, with targets of x10 and x20 still very far away; instead, there is a greater need for endurance at the peak. :))
That is what we have to endure in 2023-2024, the year is almost over, let's just get through this year, okay AE. Next year, hopefully, we won't face this situation again.
Looking back at the past is easy, but PLAYING is not at all fragile, my friends. In a bull market, there will be dips where investors lose their holdings, as well as margin liquidation and LONG positions.
Last season, after $BTC broke the ATH for about a month, it helped altcoins surge significantly, followed by a correction of about 2 weeks before continuing to rise.
Recently, the house has borrowed the victory of Mr. #Trump to boost BTC, surpassing the previous ATH of 69k and exceeding 100k within about 6 weeks, then there was a slight correction causing most #Altcoins that doubled to drop by 40-50%, which made many friends suspicious.
Last season, the market was smaller than it is now; before entering the uptrend year, Grayscale purchased a lot of BTC, along with Tesla, which caused the market to explode strongly.
This season, Wall Street and #MicroStrategy are still buying steadily, and recently there has been news that the Trump family is buying in as well. Next year is expected to be a year of REPEAT CYCLE, so why should we be afraid at this time?
Trading, buying, and reselling, I believe there will be people this season similar to some bros last season buying #SOL at 2 dollars and selling at 5 dollars, buying #AVAX at 4U and selling at 10-12U, #DOT similarly buying at 4U and selling at 10U...
When the bosses in the house haven't changed the CYCLE, I also won't change. Stopping at the gates of paradise is something very BITTER; anyone who has experienced it will understand.
EMA is touching each other, preparing to DECREASE or Increase dramatically recently, folks?
In previous impressive instances, the candles stayed above this EMA7 line for a long time, and when they touched, the price tended to decrease slightly, and then continued to rise.
Specifically
From October 2023 to January 2024, it ran straight from 27-48K until they touched and then decreased slightly (10k price) for over 2 weeks before continuing to follow EMA7 from 47-73K.
Recently, the candle $BTC has been following the daily EMA7 since October until now.
2025 is coming soon, a year where coins are the CYCLE that repeats, and if it doesn't increase significantly beyond 100K, the scenario won't align with the past. So, I foresee an increase in January 2025.
Next season, we won't play COIN anymore if it just stops here. Because if it only stays here, we acknowledge that we are at the peak.
Just do as in the past - Moon, what are you guys at the betting house thinking :))
BTC is not increasing, 40,702,917,120 light green makes the market green as well, this is the scenario we desire during an uptrend.
The most feared situation is a slight increase followed by a drop without brakes like the past two weeks.
These days, it seems like one day green and the next day red, erratic, which probably makes everyone frustrated, as I see some people predicting BTC to reach 80-81K.
Personally, I still believe in the long term and trust the CYCLE, so I will remain still like the past two years.
In this market, there are always factions that follow the market like: when it goes up they ask if they can buy, when it goes down they want it to DROP further, but some people just buy more when it drops a few tens of percent.
BTC.D is running really scary, isn't it guys? It has currently hit the upper BOL indicator, and usually, when this indicator is hit, there is a tendency to reverse. However, there are also cases where it sticks to BOL and goes up.
Basically, up to now, the timing of the wave for Altcoins since the $BTC ATH breakout is quite similar to the previous cycle. If BTC.D continues to grow and sticks to BOL, then Altcoins will take a considerable amount of time to re-accumulate and grow, because the prices are even better now, making it more tempting to buy in, while there are fewer signs of people fleeing the market => Further decline increases the risk, so the growth time will have to be longer => Newcomers who just entered during the TON listing, if they get affected deeply, will likely just run away and not dare to bring money into the market anymore. :))
Therefore, I lean towards the possibility that BTC.D will reverse downwards soon. After next week, let’s hope you all enjoy Christmas and Tet, then the growth cycle for BTC and Altcoins will get back on track.
Doing nothing - just sleeping earns 15-20% already, AE. kkk
The strong beard pull of $BTC makes Altcoin much easier to breathe compared to last night.
This scenario is quite similar to August 5th.
This year Christmas feels a bit sad, last year it was smooth. A few years ago it was still tough as usual. Some Westerners think they have a lot of money but still have to rely on some coins, taking profits to celebrate Christmas and Western New Year, AE 😄
Just 2 days of sharp decline of BÍT has taken away a lot of things from us, from having profit - dreaming of x5x10 even x20 Port, now the road suddenly seems a bit uncertain.
There are only a few days left until Christmas, 10 days until the WESTERN New Year, the PRICE of many coins is better, but to BUY, I am worried that if the WESTERN people close to play, what will we do @@.
Difficult, investing is not easy, right AE, When the market is good, the house continuously releases good news, when it is bad, it is similar, making us always have to make difficult decisions at each time.
Basically on H4 we see $BTC BTC touching the trend line, this is the 3rd time this has happened when BTC reached 100K, although Altcoin is quite bad but BTC trend can be seen to be quite respectful of technical analysis, the H4 frame peak and bottom are always higher than the previous peak and bottom.
Will we see a new peak or will BTC break the trendline? Personally, I am leaning towards option 1. What about AE?
Yesterday's trading session for MẼO stocks was fine, not much fluctuation, but $BTC has fallen below 100K causing Altcoin to continue to be in the red.
Except for those that are rising strongly like SUI ENA… most at this point, I think anyone who BOUGHT early, bought in the middle of Q3/2024 might still make a profit, while the rest I think are still in the negative because buying a lot when they have already determined the uptrend and buying at the beginning of 2024.
Are you all okay, I’m starting to feel the heat with the bookmakers. THE ROAD to GLORY is indeed really hard to travel. Not everyone can go the full distance.
After more than a month of strong runs, the market has started to enter a boring phase, this is the second week this has happened. Many friends asked a few days ago if this price was good to buy, but now that the price has dropped, they no longer ask anymore @@.
The market is still the same, my friends. When it's green, we are excited, but when it's red, we feel afraid. Looking back, we see it was very easy to profit, many coins have surged, but not everyone can hold on or endure. Only when there is knowledge, LONG-TERM BELIEF, experience, and LOSSES, can one perform better.
Altcoin is pausing after a month of dancing. This is just a normal thing, guys. Nothing ever increases forever; there must be a correction to keep the game exciting. If it just keeps increasing, those who are long and those who buy the dip would be too happy.
There is only 1 week left until Christmas, and 2 weeks until the New Year. During this time, the market often declines because the WEST tends to take profits to enjoy, and this period is quite sensitive. I wonder if this year will repeat the same.
Currently, many are thinking that this season is difficult to play. It's not like last season, then ABC… In fact, trading coins in particular and financial investment has never been easy, guys.
Last season, Crypto was not recognized, COVID was rampant, and death was looming overhead, causing a lot of anxiety.
This season, the US has jumped in, and there is more confidence and basis to hold on. I feel that the game is a bit more pleasant, but the market makers are pushing coins uncomfortably, not increasing strongly like last season, and there is no dominant or outstanding trend at this time.
However, the cycle and duration remain the same; just sit still and wait for the show to go on, guys. They will have ways and surprises for investors. They are very good at this. Sometimes, just think a little less for a more relaxed life 😀
$BTC continues to reach ATH today, now waiting for ETH to break ATH again to see Altcoin moon, because BTC ATH is already there but I see the account is not even close to what it was ten days ago.
Calculating more than 1 month of growth, there have been 2 waves of slight adjustments for altcoins, which happened very quickly, if anyone bought during the recent period, they are not too far behind.
For those who like to trade or optimize, it’s a bit difficult. Perhaps it will be true with the saying that a coin sold is a coin that rises :))
As of now, the cycle is still moving in the right direction, BELIEF is what we need to go further.
Fighting!
HTD Research
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Last season, the projects listed #Binance were very promising, especially #launchpad which was performing exceptionally well. However, this season, the split of 5 to 7, even up to 10, has left everyone feeling disheartened.
The market capitalization of strong Pumd coins from last season mostly ranged from 40-150M => The peak in 2021 saw many Xnx appear. Looking back, they may seem small now, but at that time, they were quite significant, folks.
Currently, the new coins this season, a few large infrastructure projects are raising billions in capital, while the rest have a market cap under 200M, which is still abundant.
Top market capitalizations have already surpassed a hundred billion dollars, and we are just at the beginning of the wave. Around the TOP 100 this season, it wouldn't be surprising to see market caps of 5-10 billion dollars.
The coins listed on Binance platforms, I believe this UP season will have some xx to restore the exchange's reputation. Do you still have faith, folks?
Last season, the projects listed #Binance were very promising, especially #launchpad which was performing exceptionally well. However, this season, the split of 5 to 7, even up to 10, has left everyone feeling disheartened.
The market capitalization of strong Pumd coins from last season mostly ranged from 40-150M => The peak in 2021 saw many Xnx appear. Looking back, they may seem small now, but at that time, they were quite significant, folks.
Currently, the new coins this season, a few large infrastructure projects are raising billions in capital, while the rest have a market cap under 200M, which is still abundant.
Top market capitalizations have already surpassed a hundred billion dollars, and we are just at the beginning of the wave. Around the TOP 100 this season, it wouldn't be surprising to see market caps of 5-10 billion dollars.
The coins listed on Binance platforms, I believe this UP season will have some xx to restore the exchange's reputation. Do you still have faith, folks?
This up season is really interesting, like sunny mornings and rainy afternoons. Just yesterday, after a significant drop, most coins have rebounded to nearly the levels from 2-3 days ago. Some even increased more than before the drop.
Those who cut their positions surely cannot buy back as the prices have recovered too quickly. Such fluctuations during waves and up seasons often occur to shake out weak hands, kill Long Shorts, and can easily lead those who like to optimize to lose their holdings.
$BTC has rebounded 4K in price after the CPI release; major events, especially good news, will help the market explode even more.
Around the 100K level, I believe this will be a resistance level, a strong enough support that the house wants to establish for the next season. It may continue for a while before we hear news about interest rate cuts from the FED again or not.
The fact that Mr. Trump officially takes power, along with Mr. E. Musk officially taking on a new role, will be a significant wave for this Up phase.
=> Stay calm at least from now until the end of Q1, everyone. There are many beautiful things waiting for us next year… 🚀🚀🚀
$BTC continues to fluctuate slightly, causing Altcoin to remain quite red. We have felt the heat of the market for over a month now, and a correction is necessary, as nothing increases indefinitely.
In the past, this has happened, and we understand that, however, each person's reaction will be different. Those who trade may regret not optimizing, while those who intend to hold long-term will take it more lightly.
We have known that after halving there will be a correction, and we know that Christmas can also bring this because for many years, most will be like this, but the market is always unpredictable, which makes us doubt and prevents us from optimizing, causing our accounts to decrease. Certainly, everyone regrets the effort spent but still feels passive and pressured.
Now, if you haven't closed yet, let it go and focus on the plan you had set earlier.
✍️ Full inventory and then stay still => strive to be consistent.
✍️ As for USD, focus on researching, spend more time during this period to delve deeper into the projects you are eyeing and planning to BUY. The ones that rebound STRONGLY should be prioritized.
✍️ If you closed the last round, wait to reach the entry point to BUY, and try to time it as accurately as you did during the sell-off; then you will be on a different level and not just lucky anymore.
Wishing all of us will bring money back with LAO EAST. 💪💪💪