Q&A: (1) When can I get on board with Neiro and Doge? Neiro: Now that the price of Auntie is almost over, I can buy a little first, and then buy in when the price of Auntie is around 2850 to 2900. Doge: I suggest you wait a little longer. The daily line is too far and needs to be fixed. (2) At what position can I get on board with People and Pepe? People can be bought near 54; Pepe can be bought at around 14-15 and the first position can be bought at 12-11. (3) Can the Dogs coin continue to rise? Pay attention to the position of 57. If it breaks, run away. Remember to think about the pattern next time and don’t lose money. (4) Can Squirrel Pnut be held for a long time? It depends on your cost. It is best to use the profit for a long time. If the position is not good, you may not be able to hold it. #新币挖矿&盘前交易USUAL #美国零售销售数据即将公布 #XRP短线上扬 #新币挖矿你参加了吗? #超级MEME周期?
In the early stage of Bitcoin's new high, playing with altcoins must meet several points: 1. The sector has the function of attracting new users. After the price goes up, there will be new money and new people to take over; 2. In the early stage, the risk appetite of large funds is not very high, but they want to add a little leverage through spot trading, and the leading targets have certainty; 3. The targets that have been listed on the big exchanges. After all, the market value of the leading stocks is not enough to take over the stocks with only on-chain funds; The meme sector is the core way to attract new users in this cycle. In the era of value de-anchoring, it is necessary to lock in the meme leaders that have been listed on the big exchanges in various chains, taking into account certainty and risk-return; Sol ecological leader wif, E ecological leader pepe, BSC chain leader simon's cat, base chain leader degen are all the first targets to come out, and the choice of funds has already explained everything; Those that have not come out yet, Bitcoin ecological leader ordi, Ton ecological leader Not, and some other leaders with money chains... #新币挖矿&盘前交易USUAL #美国零售销售数据即将公布 #XRP短线上扬 #PNUT走高 @甜梦说币
Some thoughts about Meme, originated from my own random thoughts, combined with my previous valuation logic system for projects and discussions with some friends.
1. The premise is to doubt the next spot Meme. After the emotions are ignited, there is no need to give 1/2 level arbitrage opportunities. It is better to choose from the existing contract targets, so that the trading volume and traffic are all self-owned.
2. ACT and Pnut are two different ways of playing. ACT is the logic of traditional Meme on Binance, and the template is Neiro. Pnut is the logic of going out of the circle, and the template is Doge/Shib in 21 years. Musk will not stop before reaching the target position, and will promote Robinhood to list coins.
3. It has been said before that Trump will pay attention to compliance and see if there are targets on Robinhood/CB. Pepe has verified this logic because it is the most direct choice and the next opportunity is greater.
4. I talked to some friends who made money in this round and they thought that the template of Pnut is Doge/Shib, which is the benchmark for new entrants in this round. That is to say, Pnut is regarded as Beta and accumulated continuously. When you make money, you buy it and expect to make more money.
5. For other on-chain Memes, those that have already risen are reacting to the contract price. First, make the price higher and put the money in your pocket. Then the logical reflection is good for the projects that have been listed on the contract. 141.4K
Two current trading logics:
1. Observe the different heights of on-chain-contract-spot. If the listing situation remains the current state, the latter two can carry out expected arbitrage based on the height of the former.
This logic is the main reason why I think ACT is a little underestimated this morning.
2. Hold the top Meme that you are optimistic about, observe the sentiment index of on-chain-contract-spot, and decide when to increase or decrease the position.
Every time the market fails to meet expectations, the market will have all kinds of opinions, such as the difference between old coins and new coins; the exchange rate trend between old altcoins and BTC and ETH; what will be speculated in this cycle and what will not be speculated with a high probability; and why this bull market is different from previous bull markets, etc.
I think these are all speculations and it is difficult to use them as a basis for current investment judgments. Similar opinions have occurred in every round, and I basically don’t spend too much time thinking about them.
For my own investment portfolio, I only focus on one core: whether public chains, wallets, dex, lending, and stablecoins still have great growth potential in the future.
No matter what temptations or FUD appear outside, I only pay attention to three things:
(1) Are the five tracks of public chains, wallets, dex, lending, and stablecoins correct?
(2) Do they still have great growth potential in the future?
The total market value of the MEME sector in the top 100 projects by market value has reached 110 billion US dollars, of which $DOGE $SHIB accounts for 70%, and the other 11 account for 30%. It really fits the saying that value investment is a waste of money, and all-in MEME lives in the palace.
The market value of these MEME coins combined exceeds SOL. Is it a happy or sad thing? Will it continue to PVP and rise 5 times as a whole to exceed ETH? Or can $DOGE completely kill SOL in this cycle? Although the overall market value is so strong, Bitcoin's market value share has not changed much. To shake this share, what is needed is Ethereum and altcoins to take off together, not just MEME coins. So it is not strictly altcoin season now, but just a MEME feast~
There is no sign of ETH's strength at present, so the real general rise may still take some time. I hope @VitalikButerin can get stronger sooner @甜梦说币
Bitcoin hit a high and fell, a pullback is imminent! Musk called for PNUT, squirrels and meme coins saved America!
From the daily level, Bitcoin failed to break through the short-term impact of 90,000 and fell back. However, the energy did not increase during the decline, which was a decline in volume. Therefore, the room for correction is limited. At most, it will fall back to the short-term moving average, which is around 84,000. After adjusting and accumulating momentum, it will continue to impact the 90,000 mark and will definitely break through 90,000 to set a new historical high.
Now is the most fertile stage of the bull market. History will not repeat itself, but emotions can be used as a reference. If you think like me that we are in a bull market now, then you should cherish every panic drop in the early and middle stages of the bull market. There may be new sectors and new local hot spots that will give the market new vitality. But remember, don't change positions frequently. Small coins will never last long. Just play with them and sell them when you need to. The new funds brought by the election and interest rate cuts will eventually be concentrated on core targets, such as your mainstream coins and the leaders of various hot sectors. That is the flesh and blood on which you rely for survival in this round!
Coin analysis: FET, uni, ondo, sata FET 1.02-1.1 is the daily support area. The bottom of the big cycle is consolidating. The real copycat market has not come yet. At present, it is just the big cake that has opened up space. uni 7.5-7.8 is a strong support here. This coin is the leader of dex. It can only be used when the market copycat sentiment rises ondo 0.75-0.73 is a strong support. You can hold the leader of rwa sata 2200-2000 can intervene. It is still stepping back in the channel. There is no problem in the long run #PNUT走高 #币安获CCData最高评级 #美国10月CPI数据即将公布 #市场倒车ing你有购物清单吗? #Mt.Gox地址动向
$BAN increased by 145% in the past 24 hours, with a market cap of $85 million. $LUCE increased by 134% in the past 24 hours, with a market cap of $140 million. LUCE is driven by the market sentiment generated by Laser Cats. Another aspect may be the strong expectations that both coins will be listed on Binance. When selecting tokens, Binance not only looks for those with "strong support" like $neiro and $act, but also hopes to choose projects that have no obvious control, have been sufficiently washed out, have a strong community, and are uniquely positioned. LUCE is the only religious meme coin, while BAN is the leading artistic meme coin #
BTC has already broken through the 90,000 barrier, but altcoins have not yet risen. If BTC can stabilize moving forward, it is highly likely that altcoins will experience a significant increase.
We can see that altcoins are currently at their bottom positions, and ETH is also relatively low. This indicates that as long as BTC stabilizes and oscillates, ETH will take altcoins to new heights. We can just wait for the altcoin season to explode.
The entire market revolves around BTC and DOGE. BTC is rising rapidly due to central banks and institutions queuing up to buy; the faster it rises, the more it stimulates these institutions to buy. The more they buy, the more it encourages the U.S. government to introduce legislation making Bitcoin a reserve currency, which belongs to a positive feedback loop.
As for DOGE, it has been directly fueled by Musk after Trump's election, with not only mainstream funds buying in but also countless retail investors purchasing frantically. At the same time, there are positive expectations for DOGE to connect with X in the future. DOGE will continue to rise, and breaking through $1 is just a matter of time.
Yesterday, the AI sector also erupted, with $WLD, $RENDER, etc., leading the charge.
The strong players in the DeFi sector include ENA, UNI, AAVE, and others.
Currently, there's not much capital spilling over to the altcoin level; the coins that are rising are still strong coins. When Bitcoin rises again or consolidates, we will see a wave of altcoins, but when that time comes, it's important to take profits.
The trading logic for the future is changing. Everyone needs to adapt their thinking in a timely manner and consider what mainstream funds will prioritize. The bull market driven by the influx of retail investors in DeFi in 2021 will be replaced in 2024 by a bull market driven by central banks and institutions frantically buying Bitcoin.
Therefore, the logic is different. Currently, there isn't much talk about sector rotation in the market; it is in a state of collective soaring. However, the strong ones are still meme coins like DOGE, NEIRO, etc., but DeFi-related coins are also very strong. Pay special attention to $ENA #BTC#牛回速归,晒晒你的持仓? #比特币搜索热度攀升 #加密货币总市值破3万亿美元 #BTC连续破新高,你看到多少? #HaveYouBinanced @甜梦说币 .
Why will DOGE take off? 1. DOGE is deeply tied to Musk, and now is the time to cash in on the benefits of the understanding king's rise to power. 2. Musk is about to establish a Department of Government Efficiency, named DOGE, indicating an imminent pump. 3. The SEC chairman is about to be replaced; the current chairman persecuting market makers will leave, making the pump legally risk-free. 4. DOGE has a long history, possessing a strong community consensus by nature. 5. The DOGE dog is a symbol of American culture.
Bitcoin skyrocketed 10,000 USD in a single day. Is there still a chance to get in?
Bitcoin has reached 89,000, surging 10% in a day. The rise is too fast, and this bull market may exceed expectations. It has now been 7 consecutive days of gains. From mid-March to the end of September, the weekly box oscillation is very similar to the gold oscillation from mid-20 to mid-23. I hope it really is a significant accumulation of strength. The trends of Bitcoin, gold, and the S&P 500 have all formed a classic 'cup and handle' pattern. In simple terms, this pattern involves a period of price decline to build a bottom, forming a large arc-shaped 'cup', followed by a brief pullback, resembling the 'handle'. When the price breaks above the upper resistance line of the 'handle', it usually indicates that a strong upward trend is about to come. Comparing: 1. BTC: has completed the breakout, price skyrocketed, confirming the bullish power of this pattern. 2. Gold: has completed the breakout, price skyrocketed, confirming the bullish power of this pattern. 3. S&P 500: the same path, continued to rise after the breakout, with the market rhythm moving steadily upward.
It has continuously broken historical highs, and basically the trend in the past few days has been oscillating during the day and breaking new highs at night. Every time before breaking a new high, the pattern looks like it’s going to drop, but it often breaks upwards instead. So, in a bull market, don't short; I already mentioned a few days ago to avoid pressing the short button.
Next, the momentum for Bitcoin continues to be very strong, and with the market sentiment being very high, there shouldn't be too much of a decline for now. Also, it seems there aren’t any negative news at the moment, so I plan to wait for a small-level pullback before continuing to go long. I expect to enter at around 86500-86000, with a stop loss of at least a thousand dollars. Currently, the volatility is quite large, and the profit outweighs the risk!
In the past month, the buying aspect has actually been quite good:
1.5mfdv's $ban
1m fdv's $ai16z
3.5m fdv's $pnut
Bought them relatively early, but didn't do well with selling, especially the confusion around doubling the cost of $pnut. Additionally, after some statistics, I found that the profits from selling these coins to invest in other projects are far less than simply holding onto these few projects, just like selling Bitcoin to buy other coins is far worse than holding onto Bitcoin. I will gather my thoughts and continue to move forward.
I understand a bit now, rushing to the dog coins has replaced the previous hair-pulling, becoming a new arbitrage channel. Previously various L2 AI depin, now replaced with zoo celebrities calling out aimeme, interaction gas = rushing to dog coins' sol
Like hair-pulling, now you can still take small bets to win big. If you can't get on major exchanges, you can first do a PVP wave, not necessarily all losses (hair-pulling gas is a guaranteed loss), going to zero = being counter-pulled. Once you get listed on Binance, a large position can start at 10x
Understanding it late, small market cap PVP is one wave of people, medium market cap betting on major exchanges is another wave. If you can take small to big, it equals getting airdrops worth dozens of times the gas at the bottom of a bull market and holding onto them while they increase dozens of times. The process is quick and the time is short. Once the news hits major exchanges, the jump happens and there won’t even be time to sell. 🙃 This is where the real alpha is
When trading cryptocurrencies, do not look at the market capitalization size. If you are doing technical trading, fundamentals, trading range, and following trends, that is the correct approach. Those of you who don't buy BTC believe that its large market cap means it won't move, right? Remember one thing: fundamentals are where they are. Without a diamond drill, you can't take on porcelain work. An ant can't shake a giant; naturally, there are other bigger animals to challenge the giant, and the price increase won't be bad;
The current price of Bitcoin is 80600. In the early morning, Bitcoin showed a downward false sell-off, reaching the previous low near 78600, where it faced a bullish counterattack, forming a long lower shadow. It quickly rebounded to the previous high, resembling a false breakout. Currently, it is trading within a range with support at 78600 and resistance at 81200. The formation of a lower shadow at the previous low, supported by EMA30, is a good short entry point, as traders like to provide opportunities while everyone is asleep in the early morning.
Ethereum has not performed as strongly as Bitcoin recently, but it has finally broken through, so hold onto long positions from the lows and wait for the bloom.
SOL is still oscillating within the range. Those without positions can set alerts for a breakout to chase.
As mentioned yesterday, the sector rotation is about to start with inscriptions, and today it has already begun. Those who haven't jumped in can enter on a pullback.
Liquidation! Missing the Boat! Bitcoin Starts the 80,000 New Era, Altcoins Surge! DOGE Soars 84%, X Rises 20 Times, TRB Surges 50%!
Last night, BTC galloped ahead, rising sharply, breaking through the 80,000 dollar mark, and as of this morning, it has already reached 81,000 dollars! From the 5th to the 11th, in just 6 days, it rose from 70,000 to 80,000 dollars, a full increase of 10,000 dollars. Even the dullest person should realize that the breakthrough has truly arrived. What should have been a calm weekend turned into a nightmare for bears; the bulls are truly too strong, even on weekends there is no letup. After Bitcoin continuously breaks historical highs, the bears believe it should correct now. Many have joined the bear camp at 76k, 77k positions, but without a doubt, they were fooled again, getting slapped in the face by the market manipulators. Brothers, never think you can decipher the manipulator's tricks. If this trend continues and ETFs keep flowing in, and if the knowledgeable king can implement his promises for Bitcoin after taking office, then hitting six figures in early next year is absolutely no problem.
Today's and this week's highlights: Gradual reduction step by step, then start to defend
BTC's current price has reached a historical high of over 81,700. The K-line trend on the four-hour level has already shown an up and down spike once. Today's intraday lowest point spiked to around 78,500. Based on the current four-hour trend, this week's key support level is in the range of 74,000-76,000, while the intraday support level to focus on is in the 78,000-79,000 range.
ETH has currently reached the target level of 3,200 points, with a high of 3,250 being touched twice yesterday and today. A spike down to 3,060 occurred in the early morning but quickly rebounded. Currently, the market volume is still sufficient; however, as it approaches the target price of 3,200, my consideration is to gradually reduce holdings and observe, as altcoins have started to stagnate. Currently, we also have some altcoins that have reached the target price and are exiting. Based on the current trend of ETH, the effective intraday support level is in the range of 2,960-3,050, while this week's key support points to focus on are at 2,800-2,860-2,760 in that order.
It is not difficult to see from the chart that Binance seems to have no rigid market capitalization requirements for the Memecoins it lists, treating those with as low as 15.49 million USD and as high as 881 million USD equally; the only commonality may be community enthusiasm.
If you review the candlestick chart, you will find that Binance's effect on listing Memecoins is particularly significant, with a large bullish candle typically appearing at the time of announcement, and listing spot trading has a much greater long-tail positive effect on the project.