Last month it was still close to 800,000, and this month it is back to the starting point

Is there any hope of breaking through 100,000 this month? Friends

#加密市场急跌

How weak is $ETH ? ​
$ETH 69000 is almost the high point of the last round. Bitcoin has broken through new highs several times, while Ethereum is still half of the high point of 4800 in the last bull market.
2024.3.11, BTC 69000, ETH 4065
2024.3.24, BTC 69000, ETH 3400
2024.10.21, BTC 69000, ETH 2700
2024.11.3, BTC 69000, ETH 2400
​Bitcoin's monthly line is proud and proud, while Ethereum's monthly line is weak!

The market was turbulent in the past 24 hours, with a total of 142,535 accounts liquidated and suffered heavy losses, totaling $350 million.

In contrast, the amount of ETH liquidation was halved, only half of the Bitcoin, revealing signs of ETH bulls retreating and showing surrender signals for the first time.

For retail investors, this may mean that the market is about to turn around and it is worth paying close attention to. ​​​

The recent hot topic is nothing but the US elections. Currently, the market is fluctuating.

Yesterday, a friend asked if there are any suitable coins to buy at the bottom. I arranged for a friend to buy $ARKM late last night.

Entered the market at the current price of 1.44, with a profit-taking target of 15-20%.

Today, it peaked at 1.7, with an overnight increase of 18%.

This is something I did not expect; I thought it would rise, but I didn't anticipate it would increase overnight.

If you want to learn about specific opportunities and decisions, the small family can obtain a position allocation strategy, teaching you how to make money in a bull market and earn coins in a bear market.

Continue to pay attention to coins with high value:
$DOGE , the first meme coin!
DOGE has taken on political overtones, which is related to Musk supporting Trump.
On August 20, Musk tweeted about creating a "Department of Political Efficiency," abbreviated as D.O.G.E, a concept proposed by DOGE. Trump responded that if elected, he would establish this department and audit political finances to reduce waste, linking the price of DOGE to the election. Its current market capitalization is 25.5B, with a 14-day price fluctuation of +48%; the driving force for the increase is Musk's tweets and Trump's campaigning.

Another high-value coin is $PEOPLE :
This coin was issued by ConstitutionDAO, established in 2021. This organization raised funds to bid on a copy of the U.S. Constitution at Sotheby's, raising about 40 million dollars (6000 ETH), and then issued PEOPLE governance tokens through the Juicebox platform, where 1 ETH could be exchanged for 1 million PEOPLE. Holders of this token have governance rights but do not have ownership of the Constitution. Later, the bidding was unsuccessful, the project failed, and the community disbanded, but some members kept the PEOPLE tokens and initiated other projects through the DAO, thus turning People into a meme coin. It has upward momentum due to being a meme, fully circulated, low market cap, and its political attributes related to the Constitution. Its current market capitalization is 386M, with a 14-day price fluctuation of -7.6%, highly correlated with the presidential election timeline!

Countdown to the election: 2 days left, everyone is speculating:
If $BTC continues to rise, many people will want to follow the trend and enter the market, which could lead to two scenarios:

1. If Trump wins, the market could go crazy, and $BTC could soar to $75,000 to $80,000, allowing those big players to make a fortune.

2. If Trump loses to Haha Sister, the big players might quickly sell off cryptocurrencies, leading to a market sell-off. However, they themselves won't incur losses; the ones who will lose are those trend-following investors. Therefore, in either scenario, the big players stand to profit.

If Trump wins, altcoins will also rise; if he loses, these smaller coins may have to wait until February of next year to rebound.

I recommend setting stop-loss points for trading, engaging in swing trading, and repeatedly earning some profits is also a good choice.

What impact do the four U.S. presidential elections have on the cryptocurrency market?

Three months before the 2024 U.S. elections, on August 5, the price of $BTC 8 plummeted to $49,000, however, on October 7, it started a new round of rising.

Three months before the 2016 U.S. elections, the price of $BTC faced a severe setback, dropping from $750 to a low of $500, a decline of over 30%. It then bottomed out and rebounded, starting a bull market.

Two months before the 2020 elections, the market for $BTC took a sharp downturn, with a price drop of about 16%, falling from $12,000 to around $10,000, and then entered a long period of consolidation. It began to rebound at a critical point before the elections, continuing to rise until May 2021 when the price surged to nearly $60,000.

In the 2012 U.S. elections, 80 days before the elections, #BTC experienced a devastating crash, with a drop of up to 75%. However, after the elections, it entered a phase of crazy upward movement.

Focus on popular strong tracks in the crypto circle:

Popular strong tracks (where there is heat, there is hot money)
1. SOLANA Track
JTO: Low market cap potential in the SOL ecosystem
WIF: New favorite in SOL, limitless potential!
RAY: Tomorrow's star of SOL, not to be missed!
PYTH: Oracle, comparable to LINK

2. BRC20 Track
ORDI: Essential for the PancakeSwap ecosystem
SATS: Potential
RATS: High consensus

3. MEME Track
PEPE: New favorite in the MEME world, gaining momentum!
SHIB: Legend of MEME, popularity remains strong!
BOME: New force in MEME, rapid momentum!
BONK: Meme leader in the SOL ecosystem
WIF: Miracle leader

4. AI Artificial Intelligence Track
AGIX: Leader in AI, promising future!
FET: Dark horse in AI, broad prospects!
WLD: New force in AI, worth paying attention to!
ARKM: Ultraman investment, low market cap

5. RWA Track
ONDO: Leader in the RWA field, top investment choice!
POLYX: Rising star in RWA, not to be underestimated!
TRN: Popular project in RWA, limitless potential!
RIO0: Dark horse in RWA, promising future!

The hundredfold coins of this bull market are among them!

Pay attention to two major events next week!
1. The results of the U.S. election on November 5th, which may be announced that evening, so try to avoid holding positions overnight on November 5th. Remember the last time Trump was elected president, the futures market went from limit up to limit down in one day, causing many to face significant losses.
2. The U.S. monetary policy meeting from November 6th to November 7th. If there is a rate cut, the stock market may see another wave of increases. If there is no rate cut, the stock market will likely continue along its original trend.
According to the U.S. non-farm payroll data, this monetary policy meeting is expected to result in a 25 basis point cut.
However, if we combine these two events, the situation becomes complicated. The financial markets may experience significant volatility.

In October, non-farm payrolls in the United States increased by 12,000, compared to an estimate of an increase of 105,000, with the previous value revised down by 31,000 to 223,000. This is the lowest monthly job growth since December 2020.

The unemployment rate in the United States for October is 4.1%, with an estimate of 4.1% and a previous value of 4.1%.

The yield on the 10-year U.S. Treasury bond plummeted short-term, dropping over 0.6%. The yield on the 2-year U.S. Treasury bond fell over 1.6%.
Today's non-farm data will not affect the Federal Reserve's recent trends, but how could this data be off by more than 20?

The main reasons for this pullback are:
Uncertainty in the US presidential election. According to the latest polls, Harris's approval rating has begun to lead Trump again, which makes the market a little worried that Trump may lose the election.
In addition, the core PCE data in September was lower than expected, recording the largest drop in nearly six months, and the previous value was also raised from 0.1% to 0.2%, which led to a cooling of market expectations for a rate cut in November, and even concerns about a pause in the rate cut.
In addition, global stock markets also suffered a decline in the three major indexes, and this macro environment further put pressure on prices. Under the interweaving of multiple factors, the trend of $BTC faces challenges in the short term.
These have affected market sentiment and confidence.
According to the latest CNN poll, Harris is slightly ahead of Trump nationwide. Trump's advantage in some key swing states has been partially reversed. This may also be one of the reasons for the sharp drop in Trump Technology Group (DJT) and the stock market pullback, because the market had previously overpriced the bull market after Trump's election. Yesterday, Trump also tweeted to congratulate all Bitcoin enthusiasts on the 16th anniversary of Satoshi Nakamoto's white paper.
He also said that he would end Harris's "war" on cryptocurrencies and promised to make Bitcoin in the United States. Finally, he called on everyone to vote for him.

Is the news about interest rate cuts reliable?
Federal Reserve Chairman Powell has spoken again, expecting to cut by 25 basis points in November and December!
This is big news, signaling a shift in the U.S. economy, and the strong dollar will be challenged. But is Powell's statement reliable?
I personally think, let's wait and see, after all, the election results are not out yet, and everything is uncertain. Moreover, no matter who comes to power, they serve their national interests, and they often stand for the capital markets.
Therefore, any rumors at the moment are uncertain and may just be a tool for the market makers to cooperate with the capital markets.
What do you all think? Feel free to leave comments for discussion!

This round of the bull market will have several stages:
1. The price of $BTC continues to rise, and the Bitcoin ecosystem initiates the market.
2. $ETH takes over, leading the hot altcoins to soar, and coins with narratives are all rising; waking up to find assets doubled.
3. MEME coins are in chaos, with shitcoins flying everywhere and FOMO hitting its peak.
4. Trend reversal, mainstream coins retract, altcoins plummet, and shitcoins go to zero.
5. Entering a new round of bear market. ​​​

The US election is less than a week away, whether $PEOPLE can fly will be determined in these few days. These days are crucial, and it is recommended to continue holding cash!

Sharing some trading ideas for popular cryptocurrencies:
1. Stas has recently pulled back significantly, entering the oversold zone continuously. Keep holding and wait for a rebound; sell off around 50, and for medium-term holding, it can be looked at around 80;
2. The election-themed coin $PEOPLE has recovered from its previous decline. This week, we will observe again, and if there is still no obvious upward trend, consider exiting first;
3. After reducing CKB holdings, continue holding and wait for a breakout;
4. $FTM maintain holding;
5. FB remains inactive for now, waiting for the ecosystem to warm up.

The second coin $ETH follows the first coin $BTC in a synchronous rise, facing strong resistance at 2680, with an expectation of a slight adjustment before launching another attack. However, the current ETH trend is still relatively weak compared to BTC.

The ETH ecosystem is still not very active, but with BTC successfully breaking through, ETH's catch-up is just a matter of time. A new round of the upward cycle is about to start.

Has the bull market started? The price of the big cake rose to 73600 overnight

The cottages we arranged in the small family are also taking off

Arrange friends to ambush $PIXEL on Monday and enter the market at the current price of 0.14

The target is 20-30% profit stop, the current price is 0.186, and the increase is 28% in just two days

Did the guys seize this opportunity?

If you want to know the specific opportunities and specific decisions, you can get the position allocation strategy in the small family, which will teach you how to make money in the bull market and earn coins in the bear market

The moment of the spirit and heart has arrived, and the market for Dabin $BTC has started to surge!
Approaching the historical new high position at 73856. Last night at 3 AM, the maximum increase was at 73650; both the daily and weekly charts have already stood above the upper Bollinger Band, with strong bullish momentum according to technical indicators. If there are no market news to interfere, the market is expected to continue rising.
According to market dynamic news, at 20:30 tonight, information will flood in; whether it will lead to a market correction depends on tonight's news.

In such a market, be especially cautious; those who have not positioned themselves on the bullish side must not chase after the bullish direction. Both the market for $SOL and $ETH should maintain this mindset; at this time, be wary of corrections and keep your focus on the evening's market changes to refine your layout.

Next, the cryptocurrency circle will focus on two directions:

1. Meme. The meme field is divided into:

1. Trump concept

2. Animal coin concept

3. Artificial intelligence concept

2. RWA real value asset tokenization

1. New energy, carbon neutrality, green finance RWA

2. Computing power RWA

3. Traditional finance RWA

4. Real estate RWA

Big Coin $BTC 70,000 for the first time, $ETH 4000 for the second time
Big Coin 70,000 for the second time, 3900 for Ethereum
Big Coin 70,000 for the third time, 3300 for Ethereum
Big Coin 70,000 for the fourth time, 2500 for Ethereum
Big Coin ETF will really soar in the future, while other copycats are still suffering from liquidity depletion.
I hope it is not the right time yet, so keep waiting! ​​​