PUFFER, do you really think we are electronic beggars?
Congratulations to you guys for successfully killing the re-staking game! You made it so exciting that even Binance and OK couldn't launch it first. You are not good enough. Don't your sponsors have top resources?
In the future, don't play with such lively and grand projects. Those who can make money are those who do things quietly and don't know how to market.

The price of $NERIO hit a new high today. Let's take a look at its market maker Gotbit @gotbit_io. Gotbit is well-known for its market-making services in the field of MEME coins, including familiar coins such as $HMSTR and $BONK.

1. In 2022, the first meme coin $Bonk on the Solana chain was launched, and then the market value rose rapidly. Gotbit is the market maker of $Bonk;

2. In 2023, during the Solana chain meme boom, Gotbit provided market-making services for $ANALOS, creating a miracle of 3,700 times wealth;

3. In 2024, meme coins are still hot, and Gotbit focuses on providing market-making support for multiple meme coins such as $HMSTR and $NERIO.

⚠️
Black history warning:
At the end of 2023, Gotbit had been working with $ANALOS for only 2 weeks, and the market value plummeted from a peak of $150 million to $19 million. Then the token disappeared completely and investors could no longer trade. The top 10 holders made a total profit of more than $7 million during this period.

In May 2024, the beer-themed meme coin $BEER pre-sold 30,000 SOL (about $5 million). After going online, the price once soared to a maximum of 30 times, and the market value climbed to $500 million. However, within a month, the price fell by 90%, and the market value dropped to about $50 million. According to LookonChain's monitoring, the wallet associated with the BEER team has sold at high prices many times, making a profit of more than $3 million.

After the BEER incident, Gotbit copied similar operations. $WATER raised more than $41 million in the pre-sale stage, and the price quickly rose nearly 10 times after the launch, with a market value of over $1 billion. However, within just a few hours, the price plummeted. LookonChain exposed the insider trading behavior of its team, who transferred 844 million WATER tokens to 11 wallets that did not participate in the pre-sale and then sold the tokens. An on-chain sniper lost more than $710,000 in the process.

In addition, Gotbit is also suspected of participating in the rug events of multiple tokens, such as $HUND, $SHARK, $SI, $SOMBRERO, $MACHO, $SIMBA, etc.

(Pictures and information are taken from self-media)

$WLD Hippo has done his best, promoted it in the group, and chatted with each member privately. He thinks he is very responsible to the members🤣

$CATI formed another underwater golden cross in the four-hour period. The short position was closed and replaced with a short position of lowercase $NEIRO. The four-hour level has fallen below the support level. The previous long upper shadow indicates the arrival of a stage top. I dare not go short before it falls below the support level. After all, it has been a bullish trend.

I bought $WLD , and the four-hour level is about to form an underwater golden cross, with a stop loss of 1.66 (spot).

The mainstream does not pull the market, but some low-market-cap altcoins and MEMEs are agitated. Why?
1⃣The funds brought by the Fed's interest rate cut have not yet entered the crypto market. The mainstream needs a very large amount of funds to push the market up, which leads to a very sluggish performance of the mainstream. At this time, retail investors will look for opportunities with higher returns and turn to low-market-cap currencies;
2⃣Insufficient liquidity, the market is pulled to have followers, and the retail cost price is raised through continuous market turnover to finally achieve the purpose of shipment. If there is no follow-up, then the pull becomes an opportunity for other retail investors to get out of the trap;
3⃣Low-market-cap altcoins and MEME coins have become the main driving force of short-term market fluctuations due to factors such as active speculators, low circulation, and easy manipulation. In the past two days, almost all the fan sectors have been pulled up, because this type of target has been washed up for nearly half a year, and the car is already very light. For example, SANTOS, which I have observed for half a year, has no great depth at all, and it does not take much money to pull out a very large increase;
4⃣ So next we should pay more attention to some low-market-value copycats, and take out a small part of the funds to get a larger return.
The above are all personal opinions. If there are any deficiencies or errors, please add them in the comment area🙏

🌴CPI data seems not as exciting as before

🌴The correlation between the crypto market and the US stock market is getting stronger
Binance currently has 2142 spot trading pairs, and the probability of buying the top ten gainers is about 0.005. Do you understand this?

$BTC is supported again near 60,000. What should we do next? The following are my personal opinions:
1⃣There will be CPI data at 8:30 tonight, and there may be pins up and down. Try to choose low-long or high-short contracts, because the day after tomorrow weekend, Bitcoin is likely to fluctuate around 60,000;
2⃣The funds from the Fed's interest rate cut have obviously not flowed into the crypto market, so the big market may still need to wait. The crypto market as a high-risk asset may become the last reservoir;
3⃣If the position is heavy, the short-term target can reduce the position when it rebounds tonight to ensure that Bitcoin still has operating funds when it falls below 60,000;
4⃣At present, Bitcoin is still in a downward channel, and the general direction is mainly bearish, unless there is a trend change in the market, but at the position of 60,000, I suggest bearishness instead of shorting; 5⃣For altcoins, pay attention to the following $STRK $ORDI $DEGO

Brothers, should I close my $CATI short position?
$CATI has a lot of airdrops. Compared with other TON ecosystem projects listed on#Binanceat that time, its control is not high, so I chose to short it, because this kind of selling pressure is generally not accepted by the project party or market maker.

Today's market analysis: Bitcoin encountered resistance after trying to break through 64,000 the day before yesterday, and there was a pullback. It was supported near 62,000, so the current four-hour level is oscillating between 62,000 and 64,000. From the shape of the K-line and the volume, the long and short forces are relatively balanced at this time. Next, we will mainly observe which of the long and short sides will try to break through. Given that the overall trend is still in a downward channel, the general direction is short, but because the pullback to around 60,000 last week immediately rebounded, it shows that the long force at this position is still relatively strong, so in summary, the overall strategy is to be bearish and not short.

Coalition coins:
Sub-mainstream: APT
Lottery series: VIB DEGO

🍃More and more projects are beginning to cooperate with Web2 giants

Core logic: The participation of traditional enterprises increases the confidence of investors in the crypto market.

Industry status: This year, as the reputation of various VC coins in the market gradually weakened, the trust foundation also dissipated, and investors' willingness to invest in VC coins dropped sharply. The main reason is that the performance of this round of altcoins is too embarrassing and difficult to convince the public. In response to this situation, more and more projects are beginning to pull traditional companies into the market to enhance market trust.

$INJ I have been paying attention to it. It is also an almost fully circulated target. From the beginning of last year to the beginning of this year, it has increased by nearly 50 times, and then entered the callback stage. It is still in a downward trend. The daily level breaks through the upper track trend line of the downward channel. At present, the trend line has changed from a pressure level to a support level. Next, we should pay attention to whether it can get out of a reversal pattern. Once it breaks through the previous high pressure level, there is a lot of room above.

Project advantages:
1️⃣ Full circulation
2️⃣ The team is still working

$SANTOS I really made a lot of money on this one!

MEME is launched too quickly, and this market is more about new things than old things. When the sector has a rising leader, $NEIRO, the market will pay attention to this sector, but often the sector leader rises too fast, and many people who have not boarded the train dare not chase high, and their funds will flow into other targets such as the second and third dragons in the sector, which is a capital overflow.

🌴I think there is no leader in the MEME sector, but there are strong and weak dealers. Because most MEMEs are fully circulated, the main force usually needs more time cost to collect chips to reduce the cost of funds. However, this round of TG's MEME seems to be opportunistic, because the project party has many means to collect chips in the early stage to achieve high control.

🌴Then there are two types of high control. One is to pull up in the early stage. This belongs to the main force with a pattern. At least there is still a chance to make money in the market, such as $NEIRO; the other is to ship directly after the launch, which is more disgusting. Of course, the purpose of both is to ship.

🌴Then the question is, which is better, VC coin or MEME? I think it depends on the situation. The opportunity for VC coins to be shipped in large quantities will be in the later stage, and highly controlled MEME can be shipped in the early stage. The fully circulated MEME has a longer period of fund-raising. In the past, MEME was usually the last sector to rise in the bull market, but the market is changing, and investors are unwilling to take over VC coins. In fact, VC coins are not terrible, just try not to buy the target that the project party has almost sold out the chips in his hands. It is better to start a new project than to spend a huge amount of money to pull the market.

$BOME and I are quite compatible financially🤣

Many people say that the bear market is coming, but I don’t agree!
If $BTC reaches 53,000 again, what will you do?
The flag-shaped pullback during the rise is usually a turnover process. For large-volume targets such as Bitcoin in the crypto market, this turnover process will be relatively long, so there is a pullback of more than half a year, but I believe that one day in the future when we look back at today, it must be a pullback center during the rise.

1⃣Kezhou Qiujian: Don't forget that Bitcoin usually reaches a new high six months to a year after the production cut. This round of BTC production cut was in April this year, and it is now October, just half a year;

2⃣Monetary easing: The Fed's continued interest rate cuts in the next few months are a high probability event;

3⃣Political cycle: The US presidential election is approaching, and this period in history has a positive impact on the market, because policies may be more relaxed to stimulate the economy;

4⃣Channel opening: The passage of related ETFs provides the market with a channel for funds from the traditional financial market to enter the crypto market, providing additional liquidity and confidence;

5⃣Wealth creation effect: The recent wealth creation effect of the primary market zoo MEME may attract some retail investors to enter the market.

🌴
There may be some other factors that I haven't considered, and everyone is welcome to add. In short, I think we should add some positions every time we oversell. It is obvious that most of the trapped cottages have not yet recovered their capital. Before that, it is the best time for us to carry out bands.

I really want to change my car recently. I want to choose 1 from 7. Can you guys help me decide which one to buy?

$ALPACA just had an abnormal movement, the recommended entry position is 0.165, the lowest position on the market reached 0.166, I have already entered the market, if it falls, I will cover my position, everyone should not be too fussy, adjust the strategy appropriately according to the market, just turned down, no one in the Chinese area has called recently, which means that not many people are paying attention to this target, everyone DYOR.

After $STRK adjusts back, it will soon usher in the third wave of the 4-hour level. As mentioned earlier, it has entered the accumulation stage and has obvious bottom characteristics. Even if the main funds have never taken over the goods to protect the market before, all the accumulation is completed at the bottom, and its average holding price is at least around 0.38.
1️⃣The current 4-hour level correction and adjustment is in a sideways or even upward form, which is a relatively strong correction performance, indicating that the selling pressure on the market is small, and the correction is more for clearing the previous profit-taking and attracting market turnover;
2️⃣The previous round of rise has seen a concentration of volume, and the current correction and adjustment stage has begun to show a weakening of volume. At least at present, there is a high probability that there is no possibility of main shipments;
3️⃣Assuming that the average price of the main holdings is 0.38, there is not enough room for the main shipments (the main cost-free chips are not considered here);
4️⃣The short-term pressure level is around 0.58. The daily level currently breaks through the upper track of the Bollinger band. Various technical indicators such as MACD, KDJ and RSI have the need for correction and adjustment;
5️⃣It was mentioned before that it will be unlocked in October, and it may be pulled up to allow institutions to ship. This view is still valid.

🌴Risks:
1️⃣VC coins and eco-coins are still not the mainstream direction of market heat. Judging from the rebound last night, the fully circulated MEME coins account for most of the gains, but it is not ruled out that there will be sector rotation in the later period;
2️⃣ Maintain a rational and objective attitude, do not find reasons for the rise, do not find excuses for the fall, and be decisive when it is time to stop profit and stop loss when the volume increases. Do not believe in any project, everything is based on the market, you can earn less, but never get deeply trapped;
3️⃣ The above are only some personal opinions and lessons learned, and do not constitute investment advice.

I've never seen this before!!! What's going on? Are all MEME coins on the list of rising coins? 🫣🫣🫣
$SHIB $BONK $FLOKI $PEPE $PEOPLE $BOME

$STRK finally broke through. The previous false breakthroughs are usually to test the selling pressure. Sometimes there will even be a downward breakthrough, which is to test the stability of the chips. If it is quickly pulled back after the downward breakthrough, the main intention is very obvious, and there is a high probability of pulling up the market in the later period.