There are two strong oscillation zones in 7-8 weeks: 72300-74000, 76600-77700. We have just entered the second oscillation zone (currently around 76850). At the same time, it has been mentioned that in a one-sided upward trend, if you want to short, only short 3 hands for every 10,000 points of space, one short hand in each oscillation zone, and one high short around 80000, while avoiding other levels. According to past inherent rules, it will still grind here, don't be afraid, once it grinds past here, it will immediately sprint towards the 80,000 mark. A short-term pullback is an opportunity. It is not yet time for an adjustment wave; for now, all shorts are short positions, and it is not recommended to hold or to do quick in-and-out trades.
The pump has changed again; the era of pure conspiracy groups is already a thing of the past. Now the focus is on chain-based FOMO, which continues to surge. It is no longer the age where a certain faction accumulates a bunch of chips at low positions and then comes out to CX. I think this is very similar to the bull market of BSC in 2021. It is primarily driven by FOMO sentiment; as long as a project has a good angle, it can easily take off.
For new projects on the chain, the most important thing to consider is the 'angle.' This concept is hard to explain clearly in words. To summarize, it is 'new'—for example, new mascots, new animals, novel websites, new trending news, new events.
As long as you see something that appears new to you, it is worth taking a small position at a low level to speculate. Of course, everyone has a different perspective on what is new; some things you think are new may actually be old. This depends on how rich your experience is. That is why experience is gained from losses.
Prepare for the Shanzhai season by the end of September After a long selection in Binance spot for meme Finally settled on neiro and dogs At that time, both had a market cap of around 500 million Both are low market cap new coins Because neiro had risen several times, dogs halved Chose dogs as it seemed safer Five weeks have passed Neiro's market cap has risen to 900 million Dogs' market cap has fallen to 300 million It has become the lowest market cap meme coin in Binance spot 😭
The gap between the two has reached 3 times Currently, dogs is still down over 30% to break even 😭
Meme will still be the mainstream in the entire cryptocurrency circle. Let's first talk about the old coins. The election narrative has ended, and the election coins can be sold. I have taken profits on all the remaining squirrels. If it goes on Binance or something, that's another story, and I accept that. This batch of squirrels built with 3.5m has performed quite well.
I am particularly optimistic about $luce on Solana; this wave has washed many people out. The IP is also particularly good. For the庄币 (manipulated coins), focus on $ban, which is currently controlled by the Sun family, and they definitely have enough money. It just depends on how they pump and create momentum. The North American庄 (manipulated market) $ai16z seems comparatively weak, but considering the low national rate, it can be continuously monitored.
There aren't many meme options available on ETH and BSC. $swag and $koma are still worth heavy investment in terms of cost-effectiveness;
As a new public chain, this wave of increase is very strong, Move system big brother Binance also listed the related ecological token $CETUS yesterday Indirectly reflects the rise of the Move system
At the end of September, I was preparing to plan for the altcoin season. I spent a long time choosing memes on Binance spot. Finally, I decided on neiro and dogs. At that time, both were around 500 million dollars. Both were low-market-value new coins. Because neiro rose several times at that time, and dogs was cut in half. I chose dogs because I felt it was safer. Five weeks later, neiro's market value rose to 900 million, and dogs' market value fell to 300 million. It became the meme coin with the lowest market value on Binance spot. 😭
The gap between the two reached 3 times. At present, dogs still needs more than 30% to recover its investment. 😭
Meme essentially does not have a wealth effect at the secondary level, and under the dominance of hot money, it is a large-scale PVP of funds within the circle.
Meme can be embraced, and money can be made, but in essence, it is still a meme and remains unchanged, so do not have faith.
Look for narratives, embrace narratives, embrace value.
Only true narratives and true value can bring a real spring to the crypto circle, and only then will there be a wealth effect that allows most people to make money.
Let’s talk about the popular PVP that everyone enjoys. Now, the PVP industry chain on the SOL chain is basically very complete, with WeChat and Twitter forming the entire closed loop. The first link involves some specific people searching for (or possibly self-released) internal trading CA to post in WeChat groups to start trading internally. They basically complete the initial investment in the internal market, and most of them start digging in when they reach 200,000 USD; if a CA can reach 200,000 to 1,000,000 USD, it basically means that friends in the WeChat group take over + CX. At this point, it enters a critical transformation period, where whether core KOLs start building positions and continue to support is crucial. However, core KOLs are not fools; they generally need some core narrative CAs like Pnut, Luce, Ban, etc., to heavily invest and start calling. Typically, when it reaches 5M, it moves to the next step, which involves key large investors. Their entry usually involves hundreds of thousands of USD in heavy investment. At this point, what they value are the number of address splits, popularity, and potential to break the circle. Their entry means that tens of millions is basically not a problem. Whether a CA can break 50M basically depends on the operator and the narrative side. Many projects' first wave is usually at its peak, so it tends to get stuck around 50M, which is a good take-profit point for many large narrative tokens, with the second take-profit point at 100M. In fact, the entire SOL chain is hard to cling to in battle because a new dog will suck the blood from the old dogs. For most people, the most stable way is to ride on the core KOL's heavy position after they shout out, deciding whether to increase positions based on the narrative and popularity. Enjoying this middle phase is relatively comfortable. Many people are keen on playing with new projects worth tens of thousands, but the fact is that 99% are just to harvest group friends; their profits are indeed good because the buyers are the group friends.
The ETH/BTC trading pair has rebounded significantly after reaching the lower edge of the channel, indicating that ETH/BTC has found support at the lower edge of the channel, and it will continue to rebound.
However, for Ethereum's weakness to truly reverse, it needs to break through the upper edge of the channel, which roughly corresponds to the key resistance level at 2820.
Trump Returns to the White House; The Great Bull Market Officially Begins! Which Potential Coins to Lay Out?
American media reports that the election for the 47th president of the United States is the most intense in 60 years. Whoever wins Pennsylvania will become president. Following this, Bitcoin has reached a historic high, with $BTC rising to $75,000, breaking historical records. At this moment, the entire crypto circle has won. Bitcoin's historic high means anyone who bought in the past sixteen years has made a profit!
Bitcoin independent market, meme independent market: Undoubtedly, the strongest is BTC. Trump's speech at the Bitcoin conference gave confidence to the market regarding BTC's promise. Now that he has won, both institutions and ordinary users will buy it crazily.
11.6 Behind the Historical New High 1. The shorts' liquidation today should exceed 200 million, becoming the largest single-day short liquidation since 15500 2. Today's trading volume will also be extraordinarily high, indicating significant buying and selling by large funds 3. While BTC has broken a new high, ETH has not yet broken the 2820 resistance level, whereas last year when BTC reached a new high, ETH simultaneously broke the resistance level 4. Whether BTC is a false breakout and whether a weekly top divergence will be revealed this month
However, it is advised that everyone remains rational!!
First, Trump will be elected in November, but he won't take office until January next year.
Second, most of the policies proposed by Trump will be hard to implement in the next four years.
Third, don't forget: The massive drop on 312 happened during Trump's presidency. On the contrary, while the Democrats were in power, Bitcoin and Ethereum ETFs were approved.
Trump is favorable for the crypto market, but it may not be as exaggerated as it seems.
Fourth, remember, whether it’s a soft landing or a hard landing for the economy, it hasn’t landed yet. With continuing high interest rates, the market lacks liquidity. There used to be a $400 group in the crypto market, now there are $50 ads for matchmaking, and many KOLs are vying for opportunities.
Although the probability of a soft landing for the US economy is increasing, black swans and soft landings are not contradictory.
Although Japan's inflation is likely caused by imported inflation due to high US interest rates, the gradual rate cuts in the US do not rule out the possibility of temporary rate hikes in Japan.
Fifth, in US history, there has never been a precedent for a president to become a former president and then return to the presidency. I don't understand politics, but there may be some conflicts or crises within the two parties, within the party, or in political economics in the US.
In summary, the macro outlook is positive, but the road ahead may still be bumpy.
Main upward wave, altcoin season, may still need time.
Congratulations $CETUS listed on Binance, the second project from the $SUI ecosystem to be listed on Binance; thanks to the big shot who brought me to invest in the $CETUS private placement;
For memes on $SUI, the first choice is $AAA, the Alpha Cat on SUI, after thorough washing and turnover, the current market value is only 13 million US dollars
When will the Eth/Btc exchange rate stop declining?
First, you need to view ETH as an ordinary altcoin to analyze it correctly. Many people overestimate ETH, treating it as something equivalent to BTC, which is a mistake. Their track, valuation, and competitive advantages are different, so you can't force a binding exchange rate.
It was previously predicted that at the end of November to the beginning of December, BTC's market share might reach a peak close to 70%, at which point BTC's price could surpass 80,000 USDT. Therefore, it is also possible for the ETH/BTC exchange rate to drop to 0.03, after which altcoins may start to rebound and create chaos. Of course, ETH will also start to rise alongside other altcoins. #美国大选后涨或跌? #加密市场急升 #BTC挑战历史新高 #美联储利率决议来袭 #英国养老金计划配置BTC
Voting will begin at 6 AM Eastern Time on November 5th and will end around 5 PM Eastern Time. If there are no special circumstances, the suspense of the U.S. election will be revealed around noon on November 6th Beijing time. Regardless of who is elected President of the United States, the impact will only influence short-term trends and market sentiment, while the larger medium to long-term trend direction remains upward. If BTC drops, that would be an opportunity. #英国养老金计划配置BTC #ETHBTC汇率新低 #美联储利率决议来袭 #以太坊白皮书11周年 #美国大选后涨或跌?
Those who dare to leverage this node are tough characters. It is not impossible for key news to cause spikes of several thousand up and down. Once liquidation happens, there is really nothing left! It's best to just be a spectator and not get too nervous. For us crypto investors, we certainly hope for Trump to be elected. Of course, regardless of whether the Gong and Party or the Democratic Party takes control of the National Assembly's discourse power, supporters from the other side will create chaos! Perhaps the best outcome is for both sides to continue their game and struggle without unnecessary conflicts. This will allow more capital to see that the entry of old money into BTC will inevitably broaden the basic structure of this market! #美国大选后叙事观察 In the end, if the situation is favorable and leans towards Trump, it might be worth paying more attention to Doge, People, and Mask. This is not a recommendation but a reminder to assess based on the actual situation! #英国养老金计划配置BTC #美联储利率决议来袭 #美国大选后叙事观察
In addition to BTC and some high-market-cap track leaders, there are several general ideas for selection: The market value must be small, preferably below 100 million US dollars (or even below 10 million US dollars, preferably without large institutional investment in the early stage). The big advantage of a small market value is that it is easy to increase 10 times if there is a positive effect; The official continues to work, the official media continues to update, the code continues to be optimized, etc. (providing the possibility of ecological explosion); It is best to have a concept, and you never know when the wind will blow over; It is best to be in the primary market and not listed on the big exchanges; Don’t hold a large position, don’t hold a large position, don’t hold a large position; #英国养老金计划配置BTC #美联储利率决议来袭 #美国大选后叙事观察 #以太坊白皮书11周年 #
1. DeFi summer, from November 2020 to May 2021. The revival in the second half of 2021 is only the OHM series and CRV-CVX series. Lasted 6 months
2. Chain games, from July 2021 to early 2022, most peaked in November 2021, lasting 6 months
3. NFT, the first wave was ominous, the second wave lasted about half a year, with monthly peaks
4. Inscription, a wave in May 2023, from October to December 2023, lasting no more than 3 months
5. Meme, from February to May 2024, Pepe leads the meme trend, followed by a bloom of CLUT and SOL from September to November 2021, but at this time FDV can no longer surpass the 1 billion mark And the leaders $PEPE and $WIF have still not broken through their previous highs
From the perspective of duration and market value growth, it seems that the meme track is also in a phase of decline after its peak?
The debate between bn and cb regarding listing fees is essentially due to the lack of a secondary wealth effect in centralized exchanges, which leads to resentment in the crypto community.
If there is money to be made in the secondary market, who cares how much listing fee you charge.
Let's see who can figure it out and embrace: New tracks, low market cap, high growth, strong community meme coins