$BTC triangle relay pattern, coincides with the 60,000 integer level and the weekend, brothers can comment on the copycat target in the comment area, I will analyze it for you in the next week

I will notify you after the analysis, the time period used is 1 hour or daily K-line chart

📍Project Rating: Hypercycle丨C $HYPC

This is an AI node network. According to their own description, the network had more than 370,000 nodes at the beginning of this year (regarding the scale of the nodes in the currency circle, I personally think that it is 80% water, I mean 90% of the projects on the market)

As a distributed AI network, Hypercycle's AI agent uses HYPC tokens for transactions and payments. Users get HYPC token rewards by running nodes, contributing computing power or participating in AI calculations

Running nodes themselves also have certain staking requirements, which is the basic operation mode of this network

➢In terms of architecture, Hypercycle is a bit similar to $TAO , supporting AI applications themselves to expand native side chains. Based on this architecture, Hypercycle can be defined as the [0th layer] of the AI ​​sector

The biggest problem of this project is that the circulation quantity is too low. According to CMC data, it is less than 10%. No further information about the release has been obtained. It is only known that in terms of the distribution ratio, the team can control 30%-50%

📍Project Rating: Elastos丨C $ELA

This project has undergone a strategic transformation. Although it is an old project, it has chosen to focus its main strategic focus on BTC L2 in the new cycle (or it can be said that this is a development node in the roadmap)

Originally it was a domestic L1. According to public information, in the early stage of the project, its founding team had arbitrarily ended the lock-up in advance

The solution provided by its BTC L2 itself is the current mainstream one. It uses zero-knowledge proof as the verification method for message transmission between the main network and L2, so that BTC can be locked in the main network and minted. The logic is very similar to Merlin (this is a nice way to say it)

The market value fluctuates beautifully, but the unit price of the coin fluctuates too little, that is to say, its market value fluctuations mainly come from the release activities of the token itself, and there is nothing to pay attention to

$ACE is so lame that I don’t even want to spend time criticizing it

Looking back, it seems that all the stocks in the gaming sector are like this. They are half-dead when you hold them, and suddenly fall after you get off the train. When you get on the train again, they are half-dead again

I still prefer the target with volatility. At least I feel there is hope. There are many forces competing in the market

"From the perspective of comprehensive development level and price reflected in the secondary market, $SUI will show a relatively obvious advantage."

"As an already launched MOVE series L1 (SUI&APT), it has not experienced the double-top market in the previous round. Since its launch last year, it has still shown a relatively high liquidity level. The current price is expected to recover the high point much higher than other old L1 (such as SOL/DOT/ADA, etc.)"

"📍I even think that SUI has a great opportunity in this round, which is worth paying attention to and planning. It has shown strong vitality in the MOVE series, and the current circulating market value is compared $APT Slightly lower"

This is the original report, but unfortunately, not many people really care

Then let's look at the market. SUI has encountered resistance, and the upward trend has temporarily stagnated. This position is very critical. I subjectively want to see at least a small cycle of relay market. In fact, this position is not bad for short-term stop profit

The latest trend is that USDC is expanded to the SUI network, which means that the ecology on SUI has more native expansion space, and USDC, as the second largest stablecoin, is even more compliant. The deployment of each new chain is at least a medium- and long-term strategic choice

In the medium and long term, many people have recently taken SUI and whether it can surpass $SOL as an issue, thinking that SUI's theoretical performance is better than SOL. I think the size gap between the two is still not small at this stage, but at least it can be determined that SUI is a high-quality target worth holding in the medium and long term

📍Project Rating: Metadium丨C $META

This is a Layer1 with regional attributes in Korea, which is also EVM-compatible. The main direction is to provide an on-chain identity that can be used for on-chain application access

This design is not very innovative. There are similar solutions on the market. The solution provided by Metadium is not very attractive in the market, at least it does not arouse my interest

However, this coin is likely to be a [banker coin]. There are not many open CEX markets, and 90% of them are in circulation in the market. It feels a bit like playing alone

Reply to a friend in the comment area: What do you think of $WIF ?

It is still in an upward trend. It is not appropriate to chase the current price. There is no reference for short selling. We follow the simplest principle of gambling resistance retracement

You can find the resistance reference point in the 4H cycle. Consider arranging a one-hand retracement at 1.888. It is very suitable in terms of profit and loss ratio. If there is no transaction or the price does not rise, forget it

Reply to the question from a friend in the comment area: What do you think of $ADA ?

Wait and see, there is no suitable point for placing orders at the current price, and the trading volume has gradually decreased. Look for a retracement subjectively

Pull out a Fibonacci, you can see the area between 0.382 and the previous high resistance above us, and the current price is just in the middle area

Combined with other indicators, the certainty of long and short is actually quite weak. It is possible that the current price will be supported? But I still look down subjectively, because the shrinking trading volume is hard to deceive people

Reply to the question from a friend in the comment area: How do you view $ARB ?

Directly: The first retracement target is 0.535

Have you seen the two upper shadows of the hourly K? It may mean that the bulls are exhausted and can no longer continue to rush up and continue the trend

I think the probability of retracement is very high, and the current price profit and loss ratio is at least two to one

Can $ETH 2769 be untied? At least I think it is unlikely in the short term, the current price needs to go up 300 points🤕

Even now, when I look at the hourly K cycle, Ethereum is going to pull back

And $SOL has not shown a downward trend, but it is understandable that Ethereum has been weak for a long time......

Reply to the question from a friend in the comment area: $1000SATS How to look at it

First look at the retracement. This pattern has reached an arc top in the short cycle, but there is no trading opportunity for this retracement, at most it can be short-term

The support position of 0.382 below resonates with the central support, and it is impossible to determine that it will fall below

In the past six months, when I was so tired of losing all my VC coins,

I basically spent my time working, working out, going out, and writing articles.

I used the abundance of time to fill the numbness in my heart. To this day, I still don’t understand $OP How can there be such a big retracement from a high point?

I haven’t played meme and I don’t pay much attention to it. Recently, a swap that I brought to a friend ran away. My neighbor M said he would pay compensation, and another swap under its ecosystem said he would pay compensation. In the end, he paid 1/4.

After waiting for a 50% interest rate cut, I was full of expectations, but the analysts said the economy was going to be ruined.

I don’t know much about macroeconomics. I still remember that at the beginning of the year, everyone said that interest rates would be cut and shouted that good days were coming for everyone. It’s different now.

After reviewing the market, the big brothers said again: No one said this at the beginning of the year.

Last night, I was in a group of leeks, and I heard a brother say: Tonight will decide the life and death of the cryptocurrency circle.

I don’t understand it even more: What’s going on? We are a bunch of stinky cryptocurrency traders. I don’t think we have been US stock traders for a few days. How can the rise and fall of life and death be connected?

Take a look at my content.

I don’t know if it can improve your understanding of anything.

But I think it’s still useful to pay attention to me. After all, I am a content creator with great creative literacy.

The 50-point rate cut has become a fact. I don’t understand macroeconomics very well, so I won’t express my opinion. I’m going to see how my friends in the circle interpret it.

I opened it and was even more confused.

Brothers, who should I believe?

Any analysis now has to take a back seat before the interest rate meeting

Therefore, I will not further publish analysis of copycats or the market before this event is implemented. It is meaningless

Conservative advice is to wait and see with empty positions. The biggest event of this year is coming soon

Project rating: Electroneum丨D

This is an EVM-compatible L1, which was issued too early and is also in the payment track. This kind of project can be equivalent to a consortium chain or a private chain

There is no need to pay much attention to it, although the description of this project may have certain use cases

But from the radar chart, we can see that its only relatively advantageous circulation is also due to the long issuance time resulting in more circulation

Project rating: Ethernity Chain丨C

This is an L2 built on OP Stack, which focuses on the entertainment sector. It can be regarded as an old project doing things again. Many projects in this cycle do this, and there is nothing strange about an L2 built on OP Stack

What is more unusual is that there has been a potential trend of accumulation in the activities of the social sector in this round of market. It is very likely that the sector that will trigger the big explosion this round is Social

In addition to the previous large-scale financing of Story, Ethernity Chain has certain similarities with it in terms of business

🥮Happy Mid-Autumn Festival🥮

Thanks to Binance's Mid-Autumn Festival peripherals, I have the opportunity to maintain my muscular man image in the square openly hhh

This water bottle is very suitable for daily gym exercise. I am ready to let it inherit the "burden" of my current water cup

There are fascia guns, sports bags and yoga mats in front. There are not many sports series peripherals that can be stamped by @币安Binance华语 . I suggest the whole men's belt and women's waist next time☝🏻️

PS: In addition to the water cup, this Mid-Autumn Festival peripherals also have a complete set of clothes

🌕Finally, I wish everyone's holdings can go to the moon together 🌕

Regarding the screenshots of a certain big V that were widely circulated in the Chinese community today, Binance officials have communicated with him and learned the details of the matter - the relevant content is purely speculation. He has clarified in his X account and community, mainly the following two points:

1. The several coin listing information mentioned is based on the "win rate" of speculation

2. The information comes from a secondary trader, not Binance insider information, especially the timestamp mentioned by uxlink is later than the announcement time.

Click here to view the full clarification: https://x.com/victalk_eth/status/1835641685541285972