In the last 20 days, I tried spending $1 each night on cryptocurrency, thinking it was just a small challenge. However, it turned into a shocking education, revealing to me the crazy, unpredictable, and extremely dangerous world of cryptocurrency. Let's see what I've experienced and why you should think twice before getting involved!
Too Dispersed, Hidden Risks
I thought it was smart to spread this little amount of money across 30 types of cryptocurrencies, after all, diversification is a safety net, right? Wrong!
Stunning Truth:
Many tokens are ticking time bombs; some are stable, while others fluctuate wildly. Before I even noticed the returns, they were gone. The investment portfolio never stabilized and instead turned into a mess, all thanks to those lousy tokens I didn’t research properly.
Volatility: The Silent Thief of Your Returns
What’s the scariest part? The market changes faster than you can flip a page! Spending $1 each night, the price fluctuations felt like a dream:
One token skyrockets, and I feel like an investment genius, but the next night, another token plummets, wiping out all my gains. Cryptocurrency is so unreliable that even small investments feel like playing with fire.
The Crazy Rollercoaster of Cryptocurrency
This experiment was a big wake-up call. Cryptocurrency is not just a fun investment; it’s a nerve-wracking gamble. Without a plan, even small investments can lead to greater losses than gains.
Key Lessons Not to Ignore
Being too diversified can actually be riskier. Spending too much money increases the risk. Volatility is ruthless; if you’re not prepared, even small investments can turn into huge losses. Quality is more important than quantity; well-researched tokens are always better than randomly throwing money around.
For the next strategic direction, I will guide everyone to target the lucrative opportunities in altcoins, especially those with great potential, expecting a growth space of over 10 times is not a problem. If you want to make big money in a bull market, like + comment, and I'll take you through the entire bull market layout!
$DOGE, this super popular meme token, is now a favorite among retail and institutional investors. If you're planning to invest in Dogecoin, you better think carefully about how much it could be worth by February 2025, as this is crucial for your investment strategy. Let's talk about market trends and potential growth.
How is DOGE doing now?
Right now, Dogecoin is selling for $0.31255, as shown in the chart. Earlier this year, it surged significantly, and now it's fluctuating within a small range. This kind of trend is common in the cryptocurrency market and often indicates that a big change is coming, as this market is greatly influenced by emotions, the number of users, and macroeconomic factors.
What can affect DOGE's price?
Increased Usage
If Dogecoin can be used in more places, like how companies such as Tesla have started accepting Dogecoin, then others will surely follow. If payment platforms adopt it widely, Dogecoin will become even more useful.
Market Sentiment
Dogecoin has a super strong community and support from big names like Elon Musk. As long as people continue to back it, the price will surely rise. If the entire cryptocurrency market is booming, Dogecoin will definitely benefit from it, given its popularity and ease of access for newcomers.
Regulatory Environment
If regulations are relaxed, institutional investors may come in, driving the price up. However, if regulations tighten, growth may slow down.
Decrease in Supply
If the issuance of Dogecoin decreases or there are mechanisms that reduce its supply, it will become scarce, naturally driving the price up.
How Much Could DOGE Be Worth by February 2025?
Let's make some guesses based on Dogecoin's history and current trends:
Poor Market Conditions:
If the market is not doing well or if people stop using Dogecoin, the price may not go up. It's estimated to be around $0.15 to $0.25.
For the upcoming strategies, I will guide everyone to target the high-profit opportunities in altcoins, especially those with significant potential, expecting a growth space of over ten times is not a problem. If you want to make big money in a bull market, like and leave a message, I'll take you along to strategize for the entire bull market!
At the beginning of this year, Ethereum's position was approximately 16.96%. By the end of February, it surged to an annual high of 19.28%. However, to everyone's surprise, it fell to a low of 15.42% in mid-May. Just when people thought it was doomed, Ethereum rebounded to a high of 18.8% in mid-June. Nevertheless, since the launch of the Ethereum spot ETF, its position has steadily declined by about 5.42%. Now we are all concerned: will Ethereum be able to make a comeback in 2025?
Bitcoin Shines, While Ethereum and Altcoins Fade
This year, Bitcoin's market performance has been remarkable, with an increase of over 115.76%. At the beginning of the year, Bitcoin's position was about 51.58%, and it has now risen to 58.71%. Although there were fluctuations in between, from November 20 to December 7, Bitcoin's position dropped from a high of 61.19% to a low of 55.11%, but overall it still outshines Ethereum and altcoins.
As for Ethereum, although its position rose from 12.11% to 13.5% between November 21 and December 6, it dropped by at least 1.09% after December 7.
Let's take a look at the altcoin market, which has overall risen by 65.18% this year, but Ethereum only increased by 40.96%, still lagging behind Bitcoin.
ETF Fund Inflows, Yet Ethereum's Position Continues to Decline
Since the launch of the Ethereum ETF in mid-2024, although billions of dollars have flowed in, Ethereum's position has continued to decline. Traders' confidence in a significant rise for Ethereum has largely evaporated, and there are currently no strong factors to drive Ethereum's price rebound.
In 2025, can Ethereum bulls hold onto hope?
Experts suggest that Ethereum bulls should be patient, as market sentiment may turn favorable for Ethereum in 2025.
Overall, while Ethereum is currently facing many challenges, there is still potential for a strong recovery in 2025. Let's wait and see!
As for the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with great potential, where an expected return of over 10 times is not a problem. If you want to make big money in a bull market, like + comment, and I'll take you through the entire bull market layout!
As the year comes to a close, how are BTC, ETH, and XRP doing? Let's talk about their goals and the outlook for the top ten cryptocurrencies in the first quarter of 2025. The end of 2024 looks quite optimistic for the cryptocurrency market; in the last few days, some tokens have gained significant attention due to a strong year-end rally. The three tokens, $CHO, DOGE, and $HYPE, seem likely to rise before January 1, and momentum in 2025 is also expected to continue.
$CHO
$CHO is the native token of Choise.ai, which is an enterprise cryptocurrency platform with over a million users. This token skyrocketed 700% from February to April, reaching new highs this year. The product ecosystem of Choise.ai is constantly updating, making the token increasingly practical, and the year-end returns are certainly promising.
Choise.ai recently partnered with Vault, a B2B platform that provides white-label cryptocurrency banking solutions. Meme Bank is a new member of Choise.ai, bringing real-world utility to meme coins. For example, you can now spend meme coins using Visa and Mastercard. Meme Bank has opened separate banks for each meme coin, with trading, exchanges, withdrawals, and other practical features like token burning and staking options.
This is a significant boost for $CHO because in MemeBank transactions, some tokens will be burned along with the meme coins, making $CHO even rarer. With more transactions, less supply, and more demand, $CHO holders will benefit.
$DOGE
By 2024, the market cap of meme coins is expected to exceed $127 billion. Although many meme coins have gained popularity, DOGE remains the most promising. After 11 years, it is not just hype but genuinely practical. This year, DOGE has risen by 342%, and it is expected to increase again in the last two weeks.
DOGE's popularity is not only due to the overall bullish market but also because Elon Musk announced plans to use DOGE for premium features on X, and President Trump appointed Musk and Vivek Ramaswamy to lead a new Government Efficiency Department (DOGE). The name alone attracts attention, leading to increased trading volume and more use cases for $DOGE.
As for the upcoming strategy, I will guide everyone to target the lucrative opportunities in altcoins, especially those with significant potential. A projected growth of ten times or more is quite feasible. If you want to make big profits in the bull market, like and comment, and I'll help you plan for the entire bull market!
The cryptocurrency circle has been a bit chaotic lately, Floki has collapsed, and Ethereum is also struggling. With Christmas approaching, Bitcoin has experienced a bearish weekend, when everyone was hoping that Christmas could bring good luck to Bitcoin.
Bulls want to push Bitcoin to $100,000, but it's not easy, which has made everyone a bit worried about whether Bitcoin can rise before the end of the year.
Since Bitcoin broke its historical high, everyone has been hoping it can continue to rise. Before the end of the year, some have boldly predicted it could rise to $110,000 to $115,000. The result? The rebound lacked strength, and not many people are buying; now, the dreams of a bull market in 2025 and Bitcoin reaching $150,000 are causing some anxiety.
After that wave of increase in November, Bitcoin has been trading in an upward channel. As a result, it broke out of the channel and even created a new high of $108,000, which made the bears anxious. At first, the pullback looked like a minor issue, trying to attract buyers. But later, the pullback became more severe, and everyone started to worry about the next price movement, especially since the rebound has already fallen out of the channel.
Can Bitcoin still rise before the end of the year?
Looking at the daily chart, Bitcoin seems to have a bearish tendency, and the rebound has broken the previous upward trend. Technically, while the risk isn’t considered great, the price might still have to drop. The MACD indicator shows that selling pressure has been significant, with the price nearing the support level of $92,000. The MACD had increased briefly but quickly fell back down, with a strong pullback. Another indicator, OBV, is also bearish, as it has been following a downward trend line.
OBV has dropped significantly, but the price is still rising. This indicates that the momentum for the rise might be fading quickly, and the price could turn around at any time. It seems like smart money hasn't really participated in this rise, so breaking the historical high might be a false move.
The price level of $92,100 is quite critical; a rebound from here may not necessarily change the downward trend, but it can keep Bitcoin within the range of an upward trend.
For the next layout direction, I will guide everyone to target the lucrative opportunities in altcoins, especially those high-potential projects, with expected returns of over 10 times being very possible. If you want to make big money in a bull market, like and leave a comment, and I will take you to layout the entire bull market!
On December 23, let's talk about the XRP price. Here comes the key point, how is the XRP price now? It's consolidating, and we need to keep an eye on support and resistance levels to see if it can break out.
Right now, the XRP price is below $2.25, and on December 23, this price level should be noted. Can the D wave help it make a move?
Ripple's XRP has a bit of a sluggish trend, with a price lower than $2.25. Most of the top ten tokens are falling, and Bitcoin is no exception. As for XRP, it's still consolidating since it is still in the adjustment period. Remember these price levels in the next few days.
Where is the key support? Between $2.24 and $2.21, but be careful, as this support is a bit weak and might break. There's another important price level at $1.94; as long as XRP doesn't drop below this number, the consolidation can continue. But if it does drop, we will have to look for lower price levels.
What if it drops further? Between $1.85 and $1.12, if the consolidation breaks, there might be quite a few buyers stepping in at this level.
How about the resistance level? Looking on the bright side, XRP is close to touching the resistance level of $2.72. This price level is crucial; if it surpasses this hurdle, XRP might return to its previous highs. If it can maintain this and push further, this resistance level will become a target.
Also, XRP donated $5 million worth of XRP to Trump's inauguration fund; those interested can check the news.
Speaking of patterns, XRP may currently be forming a triangle D wave, with A, B, and C waves already completed, and the D wave is forming. There will be an E wave afterwards, which should be a higher low. If the triangle really materializes, once the E wave is finished, XRP might break through, and the price will go up.
As for the upcoming layout direction, I will guide everyone to aim for the high-profit opportunities in altcoins, especially those with great potential, with an expected upside of more than 10 times being feasible. If you want to make big money in a bull market, like and comment, and I'll lead you through the entire bull market!
Will the Dogecoin ETF become a new favorite? The bull market is in full swing, and Dogecoin is soaring to historical peaks, with big players stocking up.
Whales are spending lavishly, easily acquiring millions of Dogecoins, and the hope for ETF approval is growing stronger; the future of Dogecoin looks very bright. A new record is just around the corner?
Recently, altcoin projects have been incredibly popular, thanks to the victories in the cryptocurrency world and those American leaders supporting digital assets. Especially the institutional investors, who have changed their attitude in the past few weeks and are optimistic.
Did you know? Many investment fund managers have applied to the SEC (U.S. Securities and Exchange Commission) for altcoin ETFs, including Solana, XRP, and Litecoin. The web3 industry is seeing an increasing amount of capital.
Speaking of the Dogecoin ETF, when will it launch? Dogecoin is the leader in the memecoin space, and Elon Musk is a loyal fan. The Dogecoin network is also robust, with a proof-of-work consensus mechanism ensuring security, and there are over 5.9 million holders on-chain. However, no investment fund manager has submitted an application for the Dogecoin ETF to the SEC yet. But Eric Balchunas, a senior ETF analyst at Bloomberg, said that once Trump is in office, the application for the Dogecoin ETF is likely to come.
Moreover, if Paul Atkins becomes the SEC chairman, the hope for crypto ETF approvals will be even greater.
Balchunas also revealed a little insider information, saying that if he were to place a bet, he would choose Venuto's Dogecoin stock reserves. Oh, and by the way, Tuttle is his most favored ETF applicant.
Recently, whales have been wildly shopping; according to on-chain data analysis from Santiment, during the market downturn, big players bought 250 million Dogecoins, spending over 77 million dollars.
For the upcoming layout direction, I will guide everyone to target the lucrative opportunities in altcoins, especially those with high potential projects, where an expected growth space of more than 10 times is not a problem. If you want to make big money in the bull market, like + comment, and I'll take you to layout the entire bull market!
The 2025 cryptocurrency bull market is coming. Do you want to make a million dollars? A cryptocurrency investor has devised a plan to achieve this goal by investing in six key areas.
Here’s his plan: invest 10% in Bitcoin, 20% each in Ethereum and Solana, and the rest in various altcoins. He also specially reminds everyone not to over-leverage, to keep an eye on promising industries, and to have a clear exit strategy.
Everyone believes that there will be major movements in the cryptocurrency space in 2025. This top investor has revealed his money-making strategy. Let’s take a look at his high-level tactics.
His plan relies on the good momentum from 2024, when Bitcoin and Ethereum spot ETFs were approved, leading to a bullish market sentiment. He also noticed that the altcoin market has adjusted and is ready to surpass Bitcoin, ushering in a big trend.
Therefore, he adjusted his investment strategy, investing less in Bitcoin, which now accounts for only 10%, while Ethereum and Solana still each account for 20%. These three cryptocurrencies are the cornerstones of his investment portfolio, and he is particularly optimistic about their potential and resilience.
His investment focus is on altcoins, divided into six major categories: Layer 1, Layer 2, gaming, artificial intelligence, real-world assets (RWA), and decentralized finance (DeFi).
For Layer 1 and Layer 2 assets, he chose Avalanche, Toncoin, Kaspa, etc., mainly due to their ecosystems, infrastructure, and token economics.
He invests the most in gaming altcoins because he believes this sector has great potential. He selected Superverse, Beam, etc., primarily because of their infrastructure, scalability, and innovation.
He also picked several promising projects in artificial intelligence and RWA, such as Near Protocol, Arweave, etc., mainly because he thinks they have strong technology and potential.
In the upcoming layout direction, I will guide everyone to target the lucrative opportunities in altcoins, especially those with great potential, with an expected growth of over 10 times being quite feasible. If you want to make big money in the bull market, like and comment, and I will lead you to lay out the entire bull market!
Why did Ethereum drop today? This is related to Justin Sun. He recently sold a large amount of Ethereum (ETH) and also canceled his staking, resulting in a price drop for Ethereum.
Ethereum has recently dropped quite significantly, down 17%, and market sentiment is bearish. Everyone is watching Justin Sun; if he continues to sell, the price of Ethereum will likely drop further.
Justin Sun's actions are indeed surprising. According to blockchain data, he recently deposited a lot of Ethereum into HTX (formerly known as Huobi), worth about 400 million dollars. Additionally, he redeemed 42,904 Ethereum from Lido Finance, valued at 139 million dollars. With such large transactions, how can the market not be nervous?
Currently, the price of Ethereum has dropped to 3,304 dollars, down significantly from the previous 4,000 dollars. It fell another 2.19% within 24 hours, and trading volume decreased by 8.57%. Market sentiment is also not good, with 54% of futures trading being short positions.
However, there is still hope. Currently, 78% of Ethereum holders are still making a profit. But if it falls below the critical support level of 3,260 dollars, the price may continue to drop to 3,000 dollars. The 200-day moving average may provide some support, but the Relative Strength Index (RSI) is already close to the oversold area, and the Average Directional Index (ADX) also shows a strong bearish momentum.
Now, what everyone is most concerned about is whether Ethereum can hold above 3,260 dollars. If it cannot, the price may drop all the way to 2,800 dollars, especially if large holders like Justin Sun continue to sell. Although some experts believe Ethereum is still in a 'safe zone', low trading volume over the weekend and an unstable stock market may lead to more volatility in the market.
Justin Sun's trading of Ethereum has indeed caused a lot of chaos in the market, and his motives remain unclear. The market is still quite unstable, and investors need to be cautious, paying close attention to key support levels and the movements of large holders.
In the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those projects with high potential. A projected space of over 10 times is not a problem. If you want to make big money in a bull market, like and comment, and I'll help you layout the entire bull market!
Squirrel PNUT, this memecoin inspired by pet squirrels, has recently gained popularity in the crypto circle. It is based on the Solana (SOL) blockchain, and although the project is not large, its fully diluted valuation is already $683 million. The average trading volume in the last 24 hours is about $1.1 billion, but it has fallen by more than half in two weeks, with the current trading price around $0.68.
The upward momentum of PNUT has slowed down recently, and the rebound during and after the U.S. elections was indeed impressive. Additionally, Bitcoin has also been adjusting, affecting the entire altcoin market, with BTC's dominance rising again to over 58% now.
However, this memecoin has still attracted quite a bit of attention from speculative traders, especially after it was listed on major exchanges like Binance and Coinbase. Currently, this highly liquid token has locked over $12 million in liquidity, with more than 78,000 on-chain holders.
Nevertheless, PNUT has encountered some troubles. Mark Longo (affectionately called Squirrel Dad) has sued Binance and Coinbase because PNUT used the image of his former pet. Longo has also been accused of being a memecoin scammer, claiming he has previously participated in many projects.
Looking at it now, PNUT seems to have returned to an interesting position. Some believe it might rise to an all-time high this time.
PNUT's price has dropped over 71% from last month's peak of $2.4, and it is currently testing the key support level near the 0.618 Fibonacci extension line. On the four-hour timeframe, it appears that PNUT's price has formed a double bottom, and the daily Relative Strength Index (RSI) is also rising, showing signs of divergence.
If the bullish sentiment in the cryptocurrency market strengthens, PNUT's price might easily rise to $1, or even reach new highs.
As for the next layout direction, I will guide everyone to aim for lucrative opportunities in altcoins, especially those with high potential projects, expecting a space of over 10 times is not a problem. If you want to make big money in the bull market, like and comment, and I'll take you along to layout the entire bull market!
On the 20th, I said that it would fluctuate at a low level for 7 to 10 days, and then rise. Now it seems that it will come true again.
In the past few days, the trend has been around 15 for two days, then it rose to 19, and then it went back to around 17. Retail investors are wondering whether it will rebound or continue to fall.
Especially those new friends, when they heard that Bitcoin had risen sharply, they rushed in to get some benefits as if they had found a treasure. As a result, they caught up with the monthly correction. They had never seen such a scene before and were directly confused. Some people were worried that the bear market was coming, so they simply cut their losses and left.
Let me tell you, I have experienced the last round of bull and bear markets, and the rise and fall of 20 points is considered normal in the currency circle. Bitcoin is still hovering around 100,000. How can it turn into a bear market? If it really turns into a bear market, Bitcoin must fall below 50,000 at least.
It has been lingering at the low level for three days now, and today is the fourth day. Next, PEPE estimates that it will reach 20, then hover around 20 for another two days, and then stabilize above 20 in 2 to 3 days. In this way, it will be exactly 9 days (similar to the 7 to 10 days predicted on the 20th). After stabilizing at 20, just wait for the subsequent pull-up to count the money.
Recent low-level consolidation, long-term bullish, go for it!
For the next layout direction, I will lead everyone to target the profit opportunities of cottages, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and I will lead you to layout the entire bull market!
When Bitcoin rises, altcoins also catch fire, and many people buy in, but those "whales" just keep selling, continuously offloading their assets! As a result, when you look back, many altcoins haven't risen as much as Bitcoin!
Why is that? The whales hold too many tokens; they only sell and don't buy, how can the price rise! The same happens when it drops, they only sell and don't support the market. If you want to buy the dip, they keep dumping!
In the past, it was not easy to launch coins. The market makers were particularly concerned about the distribution and concentration of tokens, and they had to control the market; the exchanges also had strict requirements. Now, it's much easier; just in one month, Binance has listed USUAL, PENGU, CAT, VANA, ME, MOVE, ORCA, ACX, THE!
Launching coins is too easy now; the whales only care about selling. If a project fails, they just change the PPT and continue to deceive the next one! With USDT and resources, launching coins is as simple as drinking water! The exchanges don't care; if they were stricter and required project parties to support the market, it wouldn't be like this!
Everything is due to indulgence, the result of neglect! That's why altcoins have dropped so badly!
In the next strategic direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with great potential. Expecting a space of over 10 times isn't a problem at all. If you want to make a lot of money in a bull market, like and leave a message, and I'll take you to layout the entire bull market!
Every Christmas, the cryptocurrency market tends to pull back. This year, after the crash on the 20th, there was a rebound, and now it is slowly correcting. It feels like this rhythm will continue until after Christmas.
II. What to do after Christmas?
Once Christmas is over, can we buy the dip?
I think we can. But the premise is that there shouldn't be any sudden events causing disruption. We can start by trying to build a light position, mainly focusing on short-term trading.
I have already been thinking about how to position myself after Christmas.
Let's take a look at those altcoins; the Turbo family has been quietly buying in. Since the third quarter, there might be some opportunities in the altcoin sector. So, everyone, don't rush.
For the upcoming layout direction, I will guide everyone to target the lucrative opportunities in altcoins, especially those with high potential projects, expecting a return of more than 10 times is definitely possible. If you want to make big money in a bull market, like and comment, and I'll take you through the entire bull market!
Recently, everyone has been talking about BlackRock and XRP, saying that BlackRock might be planning to create an XRP exchange-traded fund (ETF). But the reality is, BlackRock has stated that they do not plan to launch any new altcoin ETFs for now; they still want to strengthen their existing Bitcoin and Ethereum ETFs.
In the crypto space, there are always some rumors flying around. For instance, some media claimed that BlackRock submitted a fake application to create an 'iShares XRP Trust' fund, which caused XRP's price to fluctuate. But BlackRock quickly came out to debunk this rumor, stating that they never submitted such an application.
As for whether BlackRock has sold XRP, there is still no conclusive evidence or official statement. They are currently focused on Bitcoin and Ethereum, and if there were any significant moves involving XRP, they would certainly inform everyone through official channels.
In summary, BlackRock is still quite important in the crypto market, especially regarding Bitcoin and Ethereum. But it seems that they haven't really gotten involved with XRP yet.
For the upcoming layout direction, I will guide everyone to target the lucrative opportunities in altcoins, especially those with high potential projects, where a tenfold return is definitely possible. If you want to make big money in a bull market, like and comment, and I'll help you strategize for the entire bull market!
With institutions off for the weekend, market liquidity has immediately dropped significantly. Americans are starting their Christmas holiday, and this excitement is likely to last until around January 5th.
During this time, market liquidity is expected to continue shrinking, making price trends even more unpredictable.
Exchanges are also closing for the Christmas holiday, causing capital flow to naturally come to a halt.
Spot ETFs are the major players in the crypto market, and with their pause, the market is under considerable pressure. Everyone is starting to hedge, wondering if there will be any major moves before Trump takes office, like leveraged operations, which adds a layer of gloom to the market.
As for the upcoming layout direction, I will guide everyone to focus on the lucrative opportunities in altcoins, especially those with high potential projects, with an expected growth space of over 10 times being quite feasible. If you want to make big money in the bull market, like and comment, and I will take you along to layout the entire bull market!
Recently, the cryptocurrency world has exploded. 200 million Dogecoins (DOGE) have surged into the Binance exchange all at once, creating quite a commotion! With so many Dogecoins, we're talking about several hundred million dollars here, and it's on a global top exchange—how can this not attract attention?
Such a big stir must be backed by significant movements. Investors and institutions might be quietly positioning themselves, preparing for a big play. In the market, everyone's thoughts are lively and alert.
The price of Dogecoin is already like a rollercoaster, every little wind on social media can make it bounce a few times. Now that 200 million Dogecoins have entered Binance, the price is bound to heat up. Some believe this is a sign of a drop, that big holders might be looking to sell; others think this is a precursor to a surge, with big holders sharpening their knives, ready to make a big move.
On the Binance side, they are as steady as an old dog. With so much capital flowing in, liquidity is robust. It seems that the reputation of Dogecoin as a hot cryptocurrency is truly well-deserved. After this wave of activity, Binance's traffic is likely to hit a new high, and Dogecoin's liquidity will rise along with it, attracting more onlookers.
Let’s talk about this large transaction; 200 million Dogecoins is not a small number. There must be big holders or institutions behind this. With so much capital flooding in, the pressure in the market is immense, especially when demand can't keep up—the price might be under some strain.
Also, don’t forget that Dogecoin is a celebrity on social media, particularly with Tesla's Elon Musk being a staunch supporter of Dogecoin. If this matter is further hyped by the media, retail investors might follow suit, and then the price will be even more dazzling.
As for the next strategic direction, I will guide everyone to target the lucrative opportunities in altcoins, especially those with high potential projects, where an expected growth of over 10 times is definitely possible. If you want to make big money in a bull market, like and comment to join me in positioning for the entire bull market!
First, don't trade frequently. Don't think that trading more means earning more; overtrading will only trap you deeper.
Second, don't go against the trend. Once a trend is established, it's hard to reverse; just follow the trend.
Third, patiently wait for opportunities. There are plenty of market opportunities; if there aren't any good ones, just wait. Don't trade just for the sake of trading.
Fourth, cut your losses if you're wrong. If you realize your judgment was incorrect, quickly close your position to avoid greater losses.
Fifth, don't be greedy when you make a profit. Once your earnings reach expectations, withdraw quickly to lock in your gains. Remember these, and you'll navigate short-term trading with ease!
For the upcoming layout direction, I'll guide everyone to target the high-profit opportunities in altcoins, especially those with great potential. A projected growth of more than 10 times is definitely possible. If you want to make big money in a bull market, like and comment, and I'll take you through the entire bull market!
Even if you are good at playing contracts and win 99 times in a row, as long as you lose the 100th time, all your efforts will be wasted and you will be back to the starting point.
Contracts can magnify your gambling nature countless times and mess up your mentality.
At first you may think you are just playing with a small position, but gradually you play bigger and bigger.
You think you have found the bottom, so you double your leverage and rush in.
You think you can strictly follow the plan, but you lose your way while playing.
The final outcome of the contract road is often - liquidation.
For the next layout direction, I will lead everyone to target the profit opportunities of copycats, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and I will lead you to layout the entire bull market!
In simple terms, SOL is a cryptocurrency, while ETH is not only a currency but also a blockchain platform. SOL is a decentralized currency that allows you to buy things and make payments. ETH, on the other hand, is more powerful; it enables developers to build decentralized applications on it. Although it is also a decentralized currency, its platform functionalities are stronger.
In the cryptocurrency market, there are plenty of options, with over twelve thousand tokens distributed across nearly a thousand blockchain platforms. But when it comes to popularity, Ethereum (ETH) and Solana (SOL) stand out. SOL is even referred to as the “Ethereum killer.”
Today, let's compare ETH and SOL to see which is more suitable for investment. We need to look at price, market cap, block size, and other factors. If you want to know where to invest your money, keep reading.
First, let's talk about Ethereum. The story begins in 2013 when a Russian-Canadian young man named Vitalik Buterin wanted to create a new platform capable of running decentralized applications. He had previously participated in Bitcoin development but found it lacking in power. He believed that blockchain technology could be used for more than just digital currency; it had great potential. So, he got to work, and on July 30, 2015, Ethereum officially launched, bringing with it 72 million pre-mined coins.
Now, let's discuss Solana. The story of the Solana network begins in 2017 when its two founders, Anatoly and Greg, were working on a high-end trading platform. They discovered that existing blockchain technology couldn't keep up with transaction speeds. Thus, they started developing Solana, aiming to create a blockchain protocol that was fast, scalable, and secure.
In the upcoming layout direction, I will guide everyone to target profitable opportunities in altcoins, especially those with high potential projects, where an expected return of more than ten times is not a problem. If you want to make big money in a bull market, like and leave a message, and I will help you layout the entire bull market!
Hey everyone, look at DOGE, the price has already slipped to 0.3062, down 0.93% today.
Looking at the daily chart, the price surged earlier but has now hit the MA99 moving average, which provides some support. However, both the MA7 and MA25 moving averages are declining, indicating that market sentiment is not great, and people are generally pessimistic. Let's also check the MACD indicator, which shows strong bearish momentum.
When it comes to key price levels, remember these support points: 0.3050, 0.2800, and 0.2450. If the price breaks below these, it will likely continue to drop.
As for resistance levels, they are at 0.3410 and 0.3720. If the price rises to these levels, it may encounter some resistance.
Personally, I feel that if DOGE cannot hold above 0.3050, it might slide down to 0.2800. However, if it can break through 0.3410, the price might attempt to touch 0.3720. Here are some trading suggestions:
For those looking to go long:
When the price stabilizes around 0.3050, you can try buying a little, but don’t buy too much at once.
If the price rises to 0.3410 or 0.3720, you can consider selling to make a small profit.
But if the price drops below 0.3000, you should run quickly and not hesitate.
For those looking to short:
When the price rises near 0.3410, you can try selling a bit.
When the price drops to 0.3050 or 0.2800, you can consider closing your position to make a small profit as well.
But if the price breaks above 0.3500, you should admit defeat, quickly cut losses, and not stubbornly hold on.
In summary, keep a close eye on the 0.3050 level for DOGE in the short term. Don’t go in heavy on trades, be patient for opportunities, and avoid following the crowd blindly.
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