Each round of bull market is often accompanied by a black swan event, such as 94, 312, and 519. I hope that this month's 805 can become an opportunity to start a new bull market. With the arrival of the "Golden September and Silver October" season, perhaps the bull market is really on the way.
In the past two days, the rebound has observed that the following coins have the characteristics of fast rebound and high increase, You can focus on it~ #加密市场反弹 #牛市到来
Big news! Trump Bitcoin Conference issued a statement, Bitcoin is about to hit a new height, will Ethereum continue to fall? 3 kinds of altcoins have great potential before the big bull market
BTC reached a peak of 70,000 in May and June. It tried to reach 70,000 several times in July, but was always blocked by the pressure position of 68,500. There are only a few days left in July. Can BTC break through the pressure and reach 70,000 again? If it wants to break through, there are two key factors in the recent news: Trump will deliver a speech at the Bitcoin 2024 conference at 3:00 on July 28. Data on subsequent net inflows of BTC ETF and ETH ETF.
If these two factors can effectively stimulate the market, BTC will be expected to break through the pressure position of 68,500 and hit 70,000. If the stimulus is not in place, the market may pull back to around 66,000-65,500 again, waiting for the next stimulus to hit the target of 70,000 again.
SOL is approaching 240, a new high, ETH is dormant against BTC, a new low; BONK will destroy 1 trillion tokens before Christmas! Recent market review:
Driven by the meme coin craze, the old public chain Solana is undoubtedly one of the most watched L1 blockchains in this bull market, and the price of SOL has continued to rise this year. Just at 8:00 this morning, SOL started again, and at the time of writing, it has reached $238, an increase of 11% in the past 24 hours. It is only about 9% away from its historical high of $259 in the 2021 bull market.
Ethereum is slightly weak It is worth noting that Ethereum, which has been performing poorly in this bull market, has recently failed to break upward after reaching $3,444 on November 12. At the time of writing, it has fallen back to $3,116, down 2.2% in the past week.
Five iron laws of bull market speculation, remember!
1️⃣ Rapid rise and slow fall are signals of accumulation The price of coins rises quickly and then falls slowly, which is mostly because the dealer is quietly hoarding goods and preparing for another wave. 2️⃣ Rapid fall and slow rise are signals of shipment The price of coins falls quickly and then rebounds slowly, which may be the dealer's shipment, indicating that the market is turning bearish. 3️⃣ Don't rush to sell when the top volume is large, and don't hesitate to run fast when there is no volume The surge in high trading volume may lead to subsequent market trends; if the trading volume shrinks, the rise will be difficult to continue, and you need to leave the market decisively. 4️⃣ Don't rush to buy when the bottom volume is large, and continue to increase the volume before entering the market The bottom volume may not be safe, and the continuous increase in volume is the signal of a steady entry. 5️⃣ Trading volume is the weather vane of market sentiment The rise and fall of the price of coins fluctuates with emotions, and the trading volume reflects the market consensus. Only by following the trend can you know it. #牛市进展 #山寨币投资
1. Enter the market at a low position: wait patiently, the low position often means that it has not yet started. 2. Enter the market at a high position: formulate strategies, such as spreading costs, setting stop-profit and stop-loss, etc. 3. Find the starting point: The best position is just started, but it is difficult to grasp and is easily affected by false starts. You can focus on the track and the leader of the track. At present, the secondary altcoin has not yet fully erupted. 4. Pay attention to the leading coins: There are representative currencies in each bull market. For example, Bitcoin Gold, Litecoin Silver, UNI, DOT dual drive and public chain war in 20-21, etc. At the same time, be wary of projects that have been falsified such as LUNA and NFT, and observe market trends in time. #超级MEME周期?
In response to the view that "Solana has become Ethereum's most important competitor", Vitalik responded that Ethereum is better in decentralization: 1. The threshold for running Solana nodes is higher; 2. Solana's PoS consensus mechanism is more centralized; 3. The Solana community relies more on foundation support. Although Vitalik's point of view is reasonable, whether it can be reflected in the price of the currency is another matter. Since the bull market, ETH has indeed performed worse than SOL. At present, retail investors are more concerned about prices rather than stories and visions!
Cheems also hit a new high, with a beautiful weekly trend. In Devcon these days, I observed that the focus of many Meme developers and Whales' discussions has shifted from Sui and Aptos to BSC. With Binance's entry into Meme, the market generally believes that BSC will also usher in a performance moment. Usually after the project party and "smart money" focus on a certain chain, liquidity and community will follow, so BSC deserves special attention, whether it is a leading target or a new project, it has great potential. However, be careful to avoid Rug projects on BSC, as there are indeed many "dirty" developers on this chain. I believe that this wave of BSC will most likely give birth to at least one Meme project that can be listed on Binance, and the final competition will be narrative, community vitality and the ability of the dealer to operate. #超级MEME周期? #PNUT走高 #cheems
Today, old altcoins such as $OKT and $LTC rebounded slightly. The current rotation logic is similar to that of the traditional market, mainly due to the gradual outflow of Bitcoin funds. Some conservative investors have lost interest in high-priced Bitcoin assets and started to pay attention to similar tokens. This trend is expected to continue when Bitcoin stagnates. Unlike other old altcoins, Litecoin officially announced that LTC will be repositioned as a memecoin, thereby following the market trend and causing LTC to rise by 10% in a short period of time. However, Litecoin's former glory as "digital silver" is difficult to reproduce. The end result of drifting with the tide is probably a sudden surge after a long period of silence, and then returning to normal.
When the big market comes, give priority to local dogs When local dogs are hot, just buy the leading ones When the leading ones make a big correction, invest heavily Double the principal, and the loser will become a rich man
Some friends asked if they can buy a large position to chase high altcoins. Hereby: It is not recommended to bet all at any time. Usually, when the impulse of all-in is the strongest, it often indicates that the bulls will fail. Once this type of altcoin that has exploded is trapped, it is difficult to recover the investment. It is particularly important to control the greed in human nature. In the early days of my entry into the circle, I lost money because of chasing high altcoins that were once popular. I did not set a stop loss and eventually delisted. This experience taught me a lot. At present, retail investors are in a high mood to chase high prices. There are some opportunities for aggressive orders in some areas, but the daily charts of most currencies have shown a peak signal, which is not suitable for large-scale chasing high prices. Small-scale aggressive orders need to be accompanied by stop loss operations. If there is a callback, give priority to mainstream coins.
The wealth effect on the chain has been outstanding recently. Since $ACT and $PNUT were listed on Binance, the targets I had previously focused on have generally increased by 3 to 10 times. This is not to suggest that you buy now, but to encourage everyone to learn on-chain operations. Next time there is a similar opportunity, although large funds may not be able to get it in the secondary market, small funds still have many opportunities on the chain.
Strategy suggestions: If you have 100,000 US dollars, you can use 5%, or 5,000 US dollars, to operate. In the early stage, only invest 500 US dollars to try, don't rush to increase your position, and treat the loss as tuition. When you can make 5,000 US dollars with 500 US dollars, consider increasing your investment.
After practicing on the chain with small funds, your trading strategies will become more diverse. #超级MEME周期? #新币挖矿你参加了吗?
Binance is giving out coins again! Usual launches new mining, stake BNB to earn RWA stablecoins for free! Meme coins and AI projects are experiencing explosive growth!
This afternoon, Binance announced that it will launch the 61st project Usual (USUAL) on Launchpool at 18:00 Beijing time on November 19 and start pre-market trading.
As soon as the news came out, the price of BNB briefly hit $660 and was temporarily reported at $642, with a 24-hour increase of more than 6%. Staking BNB can participate in new projects and enjoy additional benefits. PNUT completed the increase of other Meme coins in one or two years in a short period of time, driving the myth of getting rich quickly in the market and attracting new investors.
Currently, the secondary market Meme coin and primary market Tugou are hot, especially the projects related to Musk. As a Meme coin in the AI sector, ACT has a small market value and is fully circulated. It can be appropriately allocated when the price drops.
The hippopotamus took two months to travel, but the goat took one month to catch up; The goat took one month to travel, but the squirrel took only two weeks to catch up, and the SOL in the wallet of the group members… “completed” the whole journey in two minutes! #新币挖矿你参加了吗? #Meme幣
After Trump's election, the price of Bitcoin soared all the way, breaking through the historical high to a staggering $82,300, due to the optimistic expectations of the crypto market for the new political situation, especially the Republican Party's control of the voice of Congress. Meme coins have become a highlight of this wave. Although they are mainly "entertainment currencies" and have no practical applications, they still attract a large number of fans with their funny online culture. I picked three of the most popular meme coins at present, showing the innovative vitality of this community:
1. $NEIRO : This Solana-based meme coin looks very much like the Shiba Inu emoji package that is popular all over the Internet. Neiro quickly became popular due to the public's love for pets and Solana's technical support. The current price is about $0.00235, which has attracted much attention. 2. $Moo Deng: Inspired by the hippo emoji package, it is also a star on Solana. Moo Deng has a large price fluctuation. Once there is news in the market or hot discussions on social platforms, its price will surge. The current price is about $0.29, which is suitable for investors seeking high volatility opportunities. 3. $SHIB : Known as the "Dogecoin Terminator", SHIB has gained a firm foothold in the currency circle with its loyal fans and gradually expanding ecosystem. Innovative gameplay such as token destruction and strategic expansion have attracted many MEME coin enthusiasts. The current price is about $0.00002455, with great potential. #PNUT走高 #BTC冲破9万 #BTC连续破新高,你看到多少?
The following sectors and currencies are worth paying attention to:
1. Meme sector: Doge, Neiro, Bonk, Pnut, WIF
2. DeFi sector: ENA, UNI, AAVE
3. AI sector: WLD, IO, ARKM, PHB
At present, the overall market is rising, and there has not been a clear sector rotation, but Doge and Neiro in the Meme sector are still strong, and the DeFi sector has performed outstandingly. It is recommended to pay attention to the potential opportunities of ENA and AI sectors. #BTC冲破9万 #美国CPI公布后降息预期上升 #PNUT走高
Today, the memecoin $PNUT surged to a new high, up nearly 200%, and its market cap exceeded $1.3 billion, becoming the 78th largest cryptocurrency. This price surge may be related to Musk's interaction on X, where he mentioned "a squirrel and a memecoin saved America" when talking about the upcoming "Department of Government Efficiency".
PNUT is a memecoin based on the Solana blockchain, inspired by a pet squirrel named Peanut. Recently, New York State authorities euthanized him due to rabies risks, which caused widespread controversy, including criticism from Musk, and may have further driven the price of PNUT. #BTC冲破9万 #PNUT走高
Bitcoin hits 90,000 mark and encounters resistance! Is a frenzy of altcoins brewing? These 3 potential coins may soar 10 times!
Yesterday, Bitcoin failed to pull back to 830, and only fell back to 850 before rebounding, which was not as expected. The rebound was not strong enough and did not break through 890, forming an hourly M top, indicating that the bulls may take a short-term break. From the daily line, Bitcoin did not break through the 90,000 mark, and it rose and fell, but the energy of the decline process shrank, and the room for correction was limited. It could fall back to around 84,000 at most. After the adjustment, it is expected to continue to hit 90,000 and break through, setting a new historical high.
During the retracement, the market funding rate is lowered, which helps to clean up the leverage. Healthy growth requires a break. Don't chase the rise and sell the fall. A big pullback is a good time to open a position. Ensure the safety of the principal and avoid blindly increasing leverage or opening contracts.
1. Musk Effect: DOGE is deeply tied to Musk, and the benefits of Trump's presidency are being realized! 2. Government Efficiency Department launched: Musk has established a new department named DOGE, a clear signal to pump! 3. SEC leadership change: The chairman who suppressed market makers is about to leave, and there are no legal concerns for pumping anymore! 4. Strong community consensus: DOGE has a long history, and the power of the community should not be underestimated! 5. American cultural symbol: The DOGE dog has become a new cultural symbol of America!
All signs indicate that DOGE breaking 1 dollar is just around the corner! Are you ready?
Making big money in a bull market requires a big mindset! Many people fail to make big money in a bull market due to a lack of perspective, repeatedly cycling through 'chasing highs - getting trapped - breaking free - making small profits and cashing out'. Chasing highs leads to getting trapped, and after getting trapped, there’s a rush to break free. Once they make a little profit, they quickly cash out, fearing being trapped again. In a bull market, the key is to hold onto the leading coins and not to easily sell your chips before the market ends!