Don't chase high prices for PEPE: Unexpectedly, in this bull market, the second coin to break its own historical high was PEPE. Thanks to the launch of the CoinBase platform, the price of PEPE soared by as much as doubled in a short period of time, successfully breaking through the historical high, thus becoming another altcoin that has been greatly raised after Dogecoin. But there is one thing that everyone needs to pay special attention to, that is, the "whales" who hold a large number of PEPE coins have already started to take profits. The reason for this is that there is a fund address holding 2 trillion PEPE coins, and 500 billion of them were sold as soon as PEPE broke through the historical high.

Altcoins themselves do have certain risks, so I hope everyone must be cautious and rational, look at these situations from the perspective of investors, reasonably control their positions, and be sure to distinguish which coins can be held and which are not suitable for holding. $PEPE #超级MEME周期？

In fact, if you think about it carefully, almost all projects are like this, with the rare exceptions being ETH and BNB. ETH has formed its own business closed loop: a large amount of use, a large amount of fee income, a deflationary economic model, a long period of chip turnover, and it's done. BNB is completely Binance's business closed loop: more users, more fees, more good projects, better BNB demand, and higher BNB holder loyalty.

There is actually a big difference between altcoins and memes, which is the main reason why this industry cannot only have meme coins, that is, altcoins are born to expand and solve some problems. Without their efforts, we are still speculating on LTC and ETC. So, you can choose not to play, but don't despise them. On the contrary, the more you understand them, the more you will respect them. Meme is a liberal arts subject, full of romance and excitement. Altcoins are science subjects, boring and hardcore, and good at calculations. But none of them can be missing. Without meme, there is no traffic, and without traffic, there is no future; without value coins, there is no future, and without a future, Meme will die. #超级MEME周期？ #BTC冲破9万 $DOGE $PNUT $PEPE

Let's talk about the market signal behind Litecoin's self-proclaimed meme coin:

It is quite interesting that LTC officially claims to be a meme coin, which also brings a small wave of market. In the current market, BTC and Meme sectors are the core of liquidity, and speculators account for a considerable proportion, about 95%, and everyone is eager to make quick profits in the market. Meme coins have emerged in such an environment full of speculative desires. It has a unique operating model and often carries the extremely tempting banner of "there is a chance to increase 100 times". Its core operation revolves around pulling and smashing the market to attract investors. Investors also have a certain tolerance for its high risks, including zero risk, after all, they all want to bet on high returns.

LTC may have made such a move under market pressure. Many crypto projects initially debuted with advanced technical highlights. For example, LTC itself has specific technical characteristics such as hash algorithm advantages, and has also gained a lot of attention. But when Meme dominated the market, as the market heat cooled down and competition became more intense, the project faced problems such as a large amount of selling pressure during the unlocking period. In order to recover funds, early investors and venture capitalists sold their coins at the unlocking nodes, causing serious outflow of project funds and hindering subsequent development. LTC's move may indicate that some technical altcoins, in the current market environment, have begun to try to find new ways out by fitting the more speculative model of meme coins.

#BTC冲破9万

#超级MEME周期？ #BTC冲破9万

$PNUT has followed Pnut for two days. Basically, when a high point appears every 2 hours or exceeds the previous high, the selling pressure on the market is very serious, and there is a general trend of large fluctuations and downward adjustment. The upward breakthrough momentum is insufficient or the cycle is sideways and downward. For this kind of market, it is recommended to make clear small-band market, and the entry position should not be too heavy. Use pyramid trading methods, which is not easy to fail. The new currency fluctuates greatly, and the situation of long and short double explosions is also easy to occur. #PNUT走高 What do you think?

Let's talk about the future trend of BTC

Bitcoin spot ETF holders took profits, interrupting the six-day upward trend and causing an outflow of about $400 million. BlackRock's Bitcoin spot ETF still maintains capital inflows. It is worth noting that BlackRock's spot ETF net inflows are gradually decreasing.

For now, Bitcoin's increase is still higher than other competing coins, indicating that funds continue to flow in and there is no spillover. In a bull market, there is usually a phenomenon that the market will be weak and funds will turn to other altcoins.

Be patient.#市场回调，观望还是上车？ #BTC冲破9万 #美国CPI公布后降息预期上升 #BTC连续破新高，你看到多少？ $BTC