LUCE, ai16Z Strong Rebound On-chain, today two relatively well-known cryptocurrencies began to rebound, one of which is LUCE, currently with a market cap of 150 million, up 36% in the last 24 hours. However, no special news has been observed. ai16Z's market cap has returned to around 200 million, up 20% in the last 24 hours. Its rise is due to the official announcement of good news, claiming that to focus 100% of their energy on ai16z and degenai tokens, they will pause any distracting work and focus on launching the #AI trader. ai16z and AI Combinator will be completely separated. In addition, among the #MEME that have already launched on Binance, #GOAT , #PNUT , and #ACT have slightly rebounded, contrary to the overall market trend. For example, PNUT is up 12%.
Cheems' market value exceeds 230 million. Are you waiting for Binance to turn over the brand?
On Sunday, Musk tweeted crazily, even directly named MEME. New and old coins related to the SOL chain flew all over the place, but the PVP was too fierce and the wealth effect was average. On the other hand, the BSC chain and the BASE chain have been really strong recently. Several MEME coins have continued to rise, with good sustainability and popularity. What happened?
Cheems has a market value of 267 million, continuing to set new highs, and has risen by 31% in the past 24 hours. The transaction volume ranks second in the BSC chain. There are 46,000 coin holding addresses. Cheems is a very traditional and typical MEME, just like DOGE, a MEME with a dog as its image. There are not many narrative elements under new concepts. But this Cheems has a group of Chinese KOLs who are very actively and firmly involved in the dissemination, which may be its special place, such as Christian2022.eth, the honest Mr. Mai, Professor Suo said, etc. Cheems was launched on the BSC chain in September, and there was only one decent callback, and it has been almost always pulling up. This trend is easy to hold and not easy to be thrown off. Recently, Binance has launched MEME coins many times, but not BSC chain MEME. Therefore, Cheems may benefit from this expectation and perform strongly. Musk's Starship concept coin BANANA, SOL chain failed, BSC chain rose. The image of BANANA coin is a banana, which originated from Musk drawing this pattern on the starship. The coin was first born on the SOL chain. After its birth, it was very popular. Later, it fell and fell. Now it has only a market value of more than 4 million. The BSC chain issued the coin a few days later, but it was strong in catching up. It has now exceeded 50 million in market value. The development of BANANA on the BSC chain is very dramatic. The popularity is actually average, but the pull is fierce, so it is believed that there is a conspiracy group behind it. In any case, the rise of this coin on the BSC chain may also be a reaction to the strength of BSC chain MEME. At present, the trading volume of this coin ranks first on the BSC chain. 16,000 addresses hold coins.
WHY quietly breaks new highs, KOMA also approaches new highs. Cheems and Banana are currently the two strongest coins in BSC. But the rise of BSC chain's MEME is not entirely due to these two. Including WHY, the elephant MEME coin fell violently before, and many people thought it was hopeless. As a result, it has risen recently, and its market value has exceeded 140 million, setting a new high. And like the puppy MEME coin KOMA, it is also approaching a historical high, with a market value of more than 50 million.
Only 1% of promoted Meme coins have increased in value tenfold. What are the special traits of these rare successful Meme coins? Is it their outstanding project innovation or the strong capabilities of the team behind them?
Friends, let’s look at an important message. According to Coinwire research, over three-quarters (76%) of Meme coins promoted by crypto KOLs on X are no longer in existence, and two-thirds are worthless. Among the 377 identified influencers, only 1% promoted Meme coins have increased in value tenfold.
📄 The report reveals the harsh reality for investors blindly investing in Meme coins based on KOLs’ enthusiastic recommendations. These unregulated promotions have led investors into a pit of failure, with 80% of meme coins losing 70% of their value within a week, 80% dropping after a month, and tenfold declines within three months after promotion.
👀 The research also found that KOLs with over 200,000 followers performed the worst, bringing about a negative return of approximately 39% a week after promoting Meme coins, and reaching a negative return of 89% after three months. KOLs with fewer than 50,000 followers performed better, yielding a positive return of 25% after a week, and a positive return of 141% after three months.
Everyone should be vigilant when investing in cryptocurrencies and not follow trends blindly.
Don’t forget to follow for more rational and wise investment insights together.
BTC really should have 'taken off' after Trump was elected on January 20, so you understand the current trend~~
Bitcoin has already 'topped out' on a small scale, and today's key position is 98500. If it can't break above, BTC may experience a significant pullback! Looking at the liquidation chart, there are a lot of bulls with 10M volume at 93000. Too many bulls could lead to some shakeout by the operators!
So friends, you understand, if the dog operators give us a chance during the pullback, pay attention to our entry signals. We have already cleared half of our positions and are waiting for the opportunity to enter.
The current trend indeed has not shown any signs of reversal; our actions are purely personal (because we have gone all in) and are for your reference only!
PS: If BTC can break above 98500, reaching 100000 is not a big issue, and Plan B is 102000~ you understand~🤣
The sharp increase in the trading volume of asset #sand indicates a rise in activity and interest. This could drive prices further up.
The token SAND, which powers the metaverse platform "The Sandbox," has surged 55% in the past 24 hours, showing a significant upward momentum. This performance far exceeds the 1% increase seen in major assets like Bitcoin and Ethereum during the same period. The trading volume of SAND has also increased dramatically, exceeding $1.91 billion, which is an increase of over 500% in 24 hours. According to on-chain data, daily SAND transactions have significantly increased, and selling pressure has eased. These factors all suggest the possibility of a continued upward trend. SAND trading volume has surged sharply in recent days.
According to the cryptocurrency on-chain platform CryptoQuant, daily SAND trading volume has surged sharply over the past few days. For example, on November 23, there were 2,940 transactions related to SAND, the highest in the past 7 days. This is a positive signal for metaverse-based tokens. The sharp increase in asset trading volume indicates a rise in activity and interest. This means that both demand and participation from market participants have increased. It also suggests that confidence in the price of SAND is strengthening, which could drive prices further up.
This week, SUI, OP, IMX, and 1INCH will experience a large-scale token unlock, with a total value exceeding 300 million dollars. Among them: -#SUI : 64.19 million tokens will be unlocked on December 1, valued at approximately 216 million dollars, accounting for 2.26% of the circulation; - #OP : 31.34 million tokens will be unlocked on November 30, valued at approximately 68.32 million dollars, accounting for 2.5%; - #IMX : 24.52 million tokens will be unlocked on November 29, valued at approximately 42.41 million dollars, accounting for 1.47%; - #1INCH : 98.74 million tokens will be unlocked on November 30, valued at approximately 38.73 million dollars, accounting for as high as 7.72%.
A large number of orders are piling up at the 100,000 position and pausing briefly. What psychological and operational intentions does this reflect among market participants? Is there a standoff between bulls and bears here?
Crypto friends, currently, the 100,000 USD mark for Bitcoin is an important resistance level because it is a significant clearing point. This morning, it touched this position in the CME futures market, and there are a large number of orders accumulated at the 100,000 position, with the market staying here for 10 - 15 seconds.
📍92850 - 93000 is an important support level, where the trading volume is weak. The low point VWB serves as an important support and resistance level for the day, and the gap from yesterday also constitutes support. If it breaks below, it may indicate a reversal in the market.
🎯 In terms of trading strategy, short-term trading can short at 100,000, setting the stop loss above the breakout high, with the target being VWP and the endpoint area. It is recommended to use a 30-second chart for trading to control risk parameters. For long positions, wait for opportunities at the VWP position; if it can regain this level, one can go long to 100,000, placing the stop loss below the new low, and use small positions for quick in-and-out day trading, targeting 500 - 1000 USD.
Overall, Bitcoin shows an upward trend across multiple time frames, with the trading volume distribution presenting a p shape, indicating that the market may need to consolidate after a strong upward surge. Open interest has surpassed 1.3 billion, showing an increase in market participation.
✨ In the long term, it is recommended to use the 200-day moving average as an important reference, going long above the average and shorting below it. The cryptocurrency market is becoming more mature, with more typical technical patterns emerging, making the support and resistance functions of gap positions more pronounced.
I personally believe Bitcoin could reach 130,000; right now, it’s just a bit of adjustment. The current state is similar to the 55,000 - 74,000 range in January, and after this consolidation ends, it will likely continue to rise. It may need a pause and adjustment now. Everyone can consider these views, but investment should be cautious.
Family, today the fear and greed index has reached 93, which is in an extreme greed state! It's great to see everyone benefiting from this wave of market and being happy, we are happy too.
📈 Overall, Bitcoin's trend is quite strong, consistently maintaining within an upward channel, and even above the midpoint line. With this trend, I guess not many bloggers would dare to suggest opening short positions.
💡 I believe this weekend, Bitcoin will likely continue to fluctuate at high levels, and during this time, many altcoins should start to catch up.
Everyone should take a good break this weekend, eat well, drink well, and enjoy these two days. As for the market reversal, let's wait and see next week, just wait for my signal.
Don't forget to follow, together we will achieve financial freedom in this round of bull market.
This morning, BTC broke through the $100,000 barrier! So this morning, we opened a short position at this level, allowing us to gain 1000 points~
We expect that BTC will continue to oscillate at a high level within the 'upward trend line' over the weekend, and altcoins will experience a round of catch-up, such as SHIB, DOGE, SEI, BCH, HBAR, and many other altcoins that we won't list here~
Next week is 'Black Friday', and experienced players definitely know that every year around this time, there tends to be a 'crash'. We just need to be prepared (don't open short positions lightly), and wait for Bitcoin to break through the $100,000 barrier next week, after which major media will report on it, giving us a boost~
Today is the weekend, and friends can make some short-term trades on altcoins. This morning, our 'old friends' have increased quite a bit~ SHIB just shot up after it had a spike~^_^ It's a money-making market, everyone, let's go!!!😍
Hedge Fund Boss Bessent Nominated as New US Treasury Secretary, What is His Background? What Kind of Bureaucrat is He?
When Did Bessent Become Trump's Strategist? The Trump family was already considered wealthy before he entered politics, so Bessent had prior contact with them. However, standing on Trump's side only began this year. Two people facilitated the connection between him and Trump: one is Trump's major campaign donor John Paulson; the other is Trump's selected vice president Vance. Both of these individuals have a close relationship with Bessent and are also Trump's most trusted people. Bessent himself is also an active donor to the Republican Party, with donations reaching $15 million by last year. Publicly supporting himself and having previously donated a considerable amount, combined with strong recommendations from those around him, Bessent's entry into Trump's team and his role as an economic policy strategist became a natural progression.
What Role Does Bessent Play in Trump's Team? In simple terms, Bessent's main tasks are: First, to study how to translate Trump's ideas into economic policies that the public can understand. He advocates for Trump to implement the “3-3-3” plan: reducing the budget deficit to 3% of GDP by 2028, achieving a 3% GDP growth, and increasing US oil production by 3 million barrels per day. It's straightforward and easy to remember. Second, using his authoritative status on Wall Street, he has contributed significantly to promoting Trump's election and is one of the few on Wall Street who frequently defends Trump's economic policies (after all, many of those policies originated from his ideas). He promises that if Trump is elected, the US economy will thrive and portrays that if Harris is elected, it would lead to a “Kamala Collapse.”
Bessent's Style Bessent's style shares a commonality with both Soros and Trump, which is “achieving one's own goals first, even if it means disrupting traditional order.” Soros' actions, such as instigating the Asian financial crisis and severely attacking the British pound, reflect this commonality. In addition, very few Wall Street figures can operate so openly and thoroughly (most operate behind the scenes, not stepping out themselves, which looks good on the surface but does not improve efficiency).
If he successfully passes the US Congress review and is elected as Treasury Secretary, it is estimated that to achieve the goal of maintaining US financial hegemony, he will execute many reasonable yet highly unreasonable operations.
There are many investment opportunities in the recent volatility of the cryptocurrency market. Here are some specific investment suggestions for some currencies: 1. NUM
Spot can be appropriately arranged at the three points of 0.0475 - 0.0505 - 0.052. The target price is set at 0.059 - 0.064 - 0.07 - 0.096. As the market progresses, it is hoped that these profit targets will be gradually achieved. 2.
When the price is around 6.2, it is a more appropriate time to open a position. The expected target is 7 - 7.45 - 8 - 8.5. If the market sentiment cooperates and the relevant technical indicators continue to improve, there is even the possibility of hitting double digits, but this part requires a certain amount of luck.
[11.22 Bitcoin Market Analysis and Strategy Suggestions]
I. Key Positions and Support Resistance Analysis
Current The key position in the market lies in anchoring the weighted average price and the intraday trading weighted average price, which are significant for finding long entry points. The importance of support levels should not be underestimated, as they reflect the average cost of many market traders, often becoming key buying areas during price pullbacks. 100,000 is an important psychological resistance level and also a potential target point for an ascending triangle. If it can break through and stabilize at this level, there may be a significant upward trend following. 102,000 is calculated based on the clearing target after the triangle breakout.
It seems we don't have to wait until next year; today or in the coming days we can 'witness history'~ Bitcoin has surpassed the 100,000 mark!!!
The target above is 102,000. However, to be honest, whether Bitcoin continues to rise by 3,000 points or 5,000 points~ it seems it won't make us 'get rich quick'~ the chance to get rich will only come during the 'altcoin season'!
If Bitcoin pulls back a bit after breaking 100,000, that would be the best opportunity to get in!
Last night at 10 PM, BTC finally showed signs of rejection. We expect a significant market reaction in the (100 - 102K) range, but will this reaction lead to further increases?
We maintain a bullish outlook on the current cryptocurrency market and look forward to Bitcoin's price climbing to 102000. Once Bitcoin reaches this target, it indicates that funds are likely to flow from Bitcoin into other altcoin sectors.
However, there is a current situation where Bitcoin has not yet shown any rejection signals. Before Bitcoin is rejected, it is difficult for altcoins to initiate a large-scale rally. We will continue to monitor and update relevant information accordingly. As previously mentioned, the market is at one of the FIB levels. Based on past experience, when Bitcoin consolidates and moves sideways, funds typically trend towards altcoins, but we must wait for the rejection signal from Bitcoin.
We believe that the range of 102K is a key "golden pocket." When Bitcoin rises while altcoins do not follow, this is a sign of rejection for altcoins. We will analyze data such as the order book for further insights. Currently, we estimate that altcoins can hold 50% of their spot positions before Bitcoin shows any rejection, but further in-depth research will be needed before updating information again to make more informed decisions.
Last night at 10 PM, BTC finally showed signs of rejection. Although it was close to 100,000 before, we expect a significant market reaction in the (100 - 102K) range. There may be some slight pullbacks tomorrow, but a significant drop is not expected in the 96700 range. It should be noted that this is merely a reference analysis and does not encourage investors to take immediate action, especially not to short. The plan for (100 - 102K) remains unchanged for now.
Don't forget to follow, and let's achieve financial freedom together in this bull market.
😲Family, today's fear and greed index has reached 94, which is an extremely greedy state, just 6 points away from full value. This is really exaggerated; I don't remember seeing such a situation very often.
💹Look at Bitcoin's current trend, the bulls are incredibly strong. In this case, who dares to go short? As soon as there's a slight pullback, everyone is buying. If Bitcoin continues to rise, it will be heading towards targets of 100,000, 102,000 - 110,058, but calculating it, there's only about 2,000 to 3,000 points of space left, to be honest, the profit margin is not very large anymore.
🎯So, we need to shift our focus to those strong altcoins; we don't want to miss this round of opportunity. Hoping to soar together with them.
I hope everyone can seize the opportunity in this wave of market.
Don't forget to follow, and let's achieve financial freedom together in this bull market.
Community Twitter influencers’ promotion At this phase, just 3-7 days of trading is enough for a potential 100x
2/➮ $1M ➮ $100M - Becoming a new trend Not all memecoins will reach this phase.
The key factor will be the amount of views and attention the meme can attract. Popularity or iconic A community of strong believers Avid followers around the meme Smart wallets, whales buy in large quantities This stage is the easiest to play with the band, the risk is controllable, it will not return to 0 casually, and the band is also large This stage has lower risks than the previous stage, but the holding period will be significantly longer
3/➮ $10M ➮ $1B - Become iconic There are only 11 examples of market caps exceeding $1B To get the last stage of the meme, you need to fight the project to the end This is the longest stage, requiring you to endure 80-90% of the downtrend to finally catch up with 100 times
Today we need to pay attention to FET, GRT, RENDER, wld, ARKM, RSS3, TAO, etc. AI tokens have already hit rock bottom; don't participate only when the price goes up, like some people did with MEME coins. I believe everyone is preparing for the next round of trading.
After the earnings report was released, Bitcoin's market share has been continuously rising and has not been rejected. Now all the money has gone into Bitcoin, and its market share keeps hitting new highs. If this continues, altcoins will indeed suffer. Moreover, after Nvidia's earnings report, the stock market is neither dead nor alive, and it hasn't saved the U.S. stock market. If this continues, if Bitcoin corrects, the target looks at 92000.
Don't forget to follow; let's achieve financial freedom together in this bull market. #AI #MEME趋势风向 #BTC何时突破10万?
The rise of Bitcoin continues, when will it break $100,000? The expiration of crypto options may trigger short-term volatility that cannot be ignored.
The $11.8 billion options contracts expiring on December 27 may cause fluctuations and impact price dynamics. Crypto options contracts are a type of financial derivative that allows traders to buy or sell an asset at a specific price, but there is no obligation to do so.
A pullback may occur in the short term: "Given the rapid rise in prices recently, a short-term pullback in the next one to two months is possible." However, he remains optimistic about the long-term outlook: "That said, the long-term prospects for Bitcoin remain extremely strong."
The future of Bitcoin: When will it break $100,000? While it is widely believed that Bitcoin will eventually break $100,000, there is still disagreement on the timing. Some predictions suggest this goal will be achieved by the end of 2024, while others believe it will be delayed until early 2025. Reaching $100,000 for Bitcoin is just a matter of time, not whether it can be achieved. However, the possible volatility and pullbacks in the short term cannot be ignored. Compared to previous cycles, the current growth of Bitcoin is supported by stronger fundamentals and institutional factors, making its outlook more solid.
Will the market really usher in a more comprehensive prosperity? Are there other situations, such as the lack of follow-up of altcoins or new adjustments in the overall market?
Recently, I am more optimistic about #PEPE , #PNUT and #WIF . Among them, PePe's support level is 0.18, PNUT is 1.5, WIF is 3.0, and Neiro is at 0.002. It is recommended that you place some spot buy orders at these key points and hold them patiently after buying.
The reason why I prefer to encourage everyone to enter the market in spot rather than contract trading is that although the small coins have already pulled back a lot, they seem to have entered the buying range.
However, it is worrying that #比特币 has almost no pullback and is still at a high level. According to the normal market trend, if Bitcoin continues to climb upward, then everything will be fine. But if Bitcoin experiences a sharp correction, due to its current high position, small coins are likely to suffer a more serious decline.
So in this case, contract trading is too risky and not suitable, while spot trading is relatively safer. In addition, in order to reduce risks, we should adopt a strategy of entering the market in batches. For example, for PNUT, when the price reaches 1.5, we can enter the market partially, but this is not the entire position. We can also place an order at 1.3 to prepare for both situations.
After all, the current market environment is very different from a month ago. The price of Bitcoin is indeed high. Everyone must pay attention to and do a good job of risk management when entering the market.
Although Bitcoin is currently at a high of 95,000, I firmly believe that the bull market will continue to advance. This time we really hope to reap rich wealth in the cryptocurrency market, and everyone must hold all currencies well. At present, Bitcoin is in the stage of sucking blood from altcoins. Once the Bitcoin stretch market ends, altcoins will start to follow the rise mode, and the market will usher in a more comprehensive prosperity.
[This coin], every time the price reaches or approaches the bottom, there will be a micro-flip, which is a classic signal of accumulation.
Since the decline in June, the trend of OP has shown a specific pattern. Its natural rebound high point has not been broken, thus forming a consolidation range of 1.3 - 1.7, which is very similar to the previous consolidation range of Ethereum, and both show the characteristics of the main force accumulating funds.
In this oscillation range, the trading volume is relatively dense. Recently, the key position of 1.7 has been broken. From a short-term level, the breakthrough of this position means that the upward trend may start at any time.
From a micro perspective, every time the price reaches or approaches the bottom, there will be a micro-flip. This is a very classic signal of accumulation, because if it is not a large or institutional accumulation operation, the price will not usually have this kind of micro-reversal in the same oscillation range many times.
In terms of form, a butterfly pattern trend is formed at the 4-hour level. Based on this, the target position we set is exactly the position where the top of the range oscillation just breaks through.
Under the comprehensive consideration of the OP regional coefficient, the market may start at any time. For this reason, the following trading strategy is formulated:
Layout method: Use spot long orders, and layout in batches at market prices of 1.7 - 1.55 - 1.4. Through such operations, the average price is established at 1.55.
Stop profit setting: Set the stop profit price to 1.95 - 2.15 - 2.4 respectively, so as to lock in profits when the price reaches different expected profit levels.
Stop loss setting: Set the stop loss at 1.3 to control the possible risk of loss.
It is speculated that the cost of OP dealers should be around 1.7. As the consolidation phase gradually ends, OP may start an upward trend at any time. According to the expected butterfly pattern development, the target price can be seen at 2.1. You can refer to it.
Don't forget to follow us, let's be rich and free together in this bull market. $OP #非BTC板块市场走势 #optimism