1. Continue the craze of animal memes; 2. Musk and Trump's team made a profit; 3. Bitget Binance and other exchanges gained a wave of traffic and good reputation in the community; 4. Didn't they say that pump makes it difficult for retail investors to speculate on memes? Now, I copied this animal meme. You see, speculating on memes can still make money. Let retail investors continue to fomo memes.
Currently, Bitcoin and Dogecoin are still the dominant forces in the market. The rise of Bitcoin is mainly driven by large-scale purchases by central banks and institutions. As these institutions continue to increase their holdings, the price of Bitcoin will continue to rise, which further incentivizes more institutions to enter the market, creating a virtuous cycle. More importantly, the U.S. government may introduce policies to treat Bitcoin as a reserve currency, which would solidify Bitcoin's status and could even encourage more countries to follow suit. Dogecoin's strong performance is also inseparable from Musk's support. After Trump's election, Musk actively promoted Dogecoin, leading it to not only attract mainstream funds but also draw in a large number of retail investors. Meanwhile, Dogecoin may have the potential for deep integration with X in the future, making Dogecoin's prospects even broader, and breaking the $1 mark is just a matter of time.
Due to the premature push of spot ETFs, the distribution process of this cycle is indeed not as smooth or seamless as before. If the spot Bitcoin ETF had not been launched, based on historical cyclical trajectories, it should have followed the same pattern as past cycles. However, this is no longer important, as the latter stage of the great bull market has already arrived. Since early entrants have started to offload their positions, new investors are naturally stepping in to take over. This chart is easier to understand; those who have held Bitcoin for less than a month are the most active group in the market. Their share of the market is bound to rise in sync with Bitcoin's price. The fear of market measures will drive these individuals to rush in one after another. This group is very keen on short-term speculation and skilled at buying high and selling low. Their increased activity is the best proof of the formation of the Bitcoin bull market.
In the past few days, everyone has seen the market trends, and the performance of meme coins has been quite outstanding. Just take Dogecoin, Shitcoin, and others as examples; their growth has been increasingly fierce. In this bull market, meme coins are indeed worth our thorough research.
We can take a look at the well-known meme coins on the Binance platform. You see, most of these coins have experienced explosive growth after being listed. For this type of meme coin, we can consider buying some and holding them. If you can hold them for a few months, you might achieve several times the return, just like picking up money off the ground.
Currently, the market has reached a stage where we need to pay attention to the risk of a pullback. This wave of the market was mainly stimulated by Trump's election, which is indeed a significant positive for the cryptocurrency sector. This means support from policies and relaxed regulations, along with a peaceful external environment. However, there are still more than two months until Trump takes office; will the market continue to rise during this interim period?
I personally believe that the upcoming market will enter a period of large fluctuations, with wild ups and downs becoming a norm. This kind of market presents opportunities for sudden wealth but also carries enormous risks. How to grasp the trading rhythm will determine your gains in this round.
Will the Federal Reserve keep interest rates unchanged?
Investors are closely watching how Federal Reserve Chairman Jerome Powell will discuss the future direction of the Fed after Donald Trump's decisive victory in the election. The elected president's planned policies, including tax cuts, tariffs, and a focus on deregulation to stimulate economic growth, could boost economic growth. Inflation may lead the Fed to adopt a more conservative stance. This could result in a slowdown, halt, or even reversal of recent interest rate cuts. Market sentiment has also changed accordingly; according to the CME FedWatch tool, the likelihood of the Fed maintaining current rates at the December meeting is 35%, up from 14% a month ago. Recent news has been very positive for Bitcoin, as it recorded a strong rise in November. Donald Trump took the lead in the election earlier this week, and Bitcoin prices soared, surpassing the all-time high set in March, as there are signs he may return to the White House. Currently, Bitcoin is up 8% for the week and over 22% for the past month. Bitcoin's market capitalization has now exceeded $1.5 trillion, making it the ninth-largest financial asset in the world.
In a bull market, level two means chasing the leaders, and the main upward wave of the leader is to buy during the pullbacks, rather than betting on weak stocks for a rebound.
In level one, it's necessary to observe market capitalization, as candlestick patterns are not very instructive.
It's normal to rise several times in a day and then drop 80%.
The election is settled, and Musk is the next hot topic. As we all know, he is a major player in the cryptocurrency space. He started making high-profile calls in 2020, promoting Dogecoin. During that bull market, Dogecoin surged over 300 times. He is the king of traffic, and we just need to follow Musk's account to see what he does next. There will be exciting moves. Over the past two months, it has been evident that coins related to him have remarkably risen in value. This is the key to wealth. I open his account every day to see what he has said. As for Bitcoin, my understanding is that it creates a new high, attracting a wave of wealth. When the market reaches a high point, opportunities become apparent, making short-term trading very feasible. In the medium to long term, Bitcoin is expected to see $100,000 soon.
Is the long-awaited bootleg season finally coming? 1. Today, ETH broke through the 2820 resistance level, and the DEFI sector is also rising across the board, with funds flowing from BTC to ETH, causing BTC.D to plummet. 2. ETH/BTC has begun to stabilize, which is a trend change and of great significance; it may end the three-year decline in exchange rates and trigger a strong period for ETH. 3. The market's focus has shifted from inscriptions to MEME, and it has now reached DIFI. 4. ETH has now broken through 2820; if the market looks bearish, I have already bought some ETH. Of course, there is still the possibility of a false breakout. If the weekly candlestick closes with a solid breakthrough, I will go all in on ETH and DIFI.
First and foremost, it is crucial to understand Trump's core support group, primarily known as 'rednecks,' which consists of low-income white evangelicals, residents of the 'Rust Belt,' and agricultural states. Unlike Biden's advocacy for global liberalization, these voters are more inclined towards isolationism and support Trump's 'America First' strategy. They are focused on economic and employment issues, primarily representing the interests of industries such as oil, automotive, manufacturing, transportation, and raw materials. In terms of policy, Trump adheres to the principle of 'America First,' striving to protect the interests of domestic manufacturing. He advocates for universal benchmark tariffs on foreign companies, increases in domestic energy supply, and promotes oil production. He also supports providing tax breaks for oil, gas, and coal producers to foster the development of these industries.
The biggest altcoin market is about to begin! Here are the strong altcoins worth ambushing!
► $SAGA
Market Cap: $324 million 24-hour Trading Volume: $121 million
Cosmos's explosive coin, SAGA is the representative of the future, after INJ and TIA, the next is SAGA, with a target of over 10 times, strong fundamental applications, and large holders' layout in the technical and chip aspects. In fact, SAGA is somewhat related to games, I believe game narratives will make a comeback, and it is L1.
Saga is a Layer 1 infrastructure originally focused on game infrastructure, recently moving towards modular fields, using inter-chain staking technology similar to Cosmos Hub, allowing developers to create and launch interoperable dedicated chains called "Chainlets" on it. These chains can flexibly scale according to the needs of different Web3 applications, significantly reducing development time and cost.
► $WIF
Market Cap: $2.458 billion 24-hour Trading Volume: $642 million
WIF is a new meme coin on the Solana blockchain, inspired by the viral Dogwifhat meme. It has joined the trend of dog-themed tokens in the crypto space. Meme coins like WIF focus on community and fun, often becoming popular through internet memes. The new rising star in the dog world, rapidly attracting attention in the crypto market through viral spread and community-driven efforts. WLF (World Liberty Financial), supported by the Trump family, is likely to seize this opportunity to become the new market focus. This will not only bring upward opportunities for WLF but is also expected to boost the entire DeFi ecosystem, further driving up the price of Ethereum (ETH).
► $SUPER
Market Cap: $631 million 24-hour Trading Volume: $34.3499 million SuperVerse (SUPER) is involved in two areas: Web3 gaming and the NFT market. SuperVerse positions itself as the center of Web3 gaming, utilizing blockchain technology to create a more immersive and user-owned gaming experience. SUPER is not just a gaming token; it is also a "meme coin" with strong community support. SUPER combines cultural appeal and practical use cases, especially flourishing in the Play-to-earn model and NFT space, with huge potential for the future. In today's crypto world, a project's success often depends on its ability to balance both of these aspects. This year alone has seen a remarkable increase of 1320%, with a 24-hour increase of 17% BTC4390 #wife #加密市场急升 #BTC☀️
Let's talk about the key points of the market, urgent‼️ Broadcasting
1: Trump has secured 230 electoral votes, no change, Harris has 210 votes, the latter is starting to catch up, the final result will still depend on the swing states, pay attention to market reversal
2: Musk and Trump celebrating with champagne, behind them is a voting display screen
3: Large investors are currently continuing to sell, directly selling 200 million dollars, average price at 73770
4: The 15-minute Bitcoin chart has a death cross at a high position, but many people are shorting, it is estimated that another rise to around 75,000 will form a top divergence before a pullback, those with profits should sell in batches, buy at the bottom
5: According to trading experience, after a large bullish candle on the daily chart, there are usually small bullish and bearish candles, don't expect much of a pullback, definitely don't short
6: Above 75,000, everyone should reduce positions to avoid risk, if it doesn't drop after 9:30 PM, then increase positions to buy back, if it drops, then come back tomorrow
Latest election news from the market indicates that trading is certainly favoring Trump's election.
As of 7:30 PM Eastern Time on November 5, which is 8:30 AM Beijing Time today, nine states in the U.S. have concluded voting and entered the counting stage. According to predictions from multiple media outlets including the Associated Press and relevant research institutions, Republican presidential candidate Trump has won in Kentucky and Indiana, gaining 19 electoral votes, both of which are 'red states.' Democratic presidential candidate Harris has won 3 electoral votes from the 'blue state' of Vermont. To win the U.S. presidential election, at least 270 electoral votes are needed. The latest from Reuters indicates that West Virginia has also gone to Trump, which is another stronghold for the Republican Party.
This market is like a dull knife cutting flesh, slowly painful, yet impossible to escape.
The signals from the main players are very clear: will you sell or not? If not, I will continue to drop a little more, will you sell now? If you don’t sell, I will drop a bit more until you really decide to sell.
Then they will give you one last chance to choose: are you sure you won’t sell? If you don’t sell now, I’m preparing for a big drop, are you sure? As a result, retail investors panic and start cutting their losses and leaving the market.
There are still some people who haven’t sold; they see the price continuously dropping and start to regret, but they are unwilling to accept it, thinking: “If I could just have one more chance, when the price rises back to the previous high, I would sell immediately.” This is human nature, always hoping for one more chance to avoid losses.
However, when you keep losing and see the red numbers in your account getting larger, those initially firm statements—like “I won’t sell at the top of the bull market, if the bull market doesn’t come, I won’t sell”—are all thrown to the back of your mind.
The account oscillates back and forth, losses continue, and over time, the mentality starts to shake, leading to growing fear, and in the end, they still choose to cut losses and leave the market.
Apart from BTC and some leading projects in high market cap sectors, there are a few major ideas to consider: the market cap must be small, ideally below 100 million USD (even below 10 million USD is better, preferably with no large institutional investments in the early stages). The significant advantage of a small market cap is that a positive development can lead to a tenfold increase more easily; ongoing support from officials, continuous updates from state media, and ongoing code optimization, etc. (which provide the potential for ecological explosion); it’s best to have a concept, as you never know when a trend might arise; it’s preferable to still be in the primary market and not yet listed on major exchanges; do not heavily invest, do not heavily invest, do not heavily invest; while becoming rich in the industry is not easy anymore, opportunities still abound compared to other markets. Large funds may hold onto Bitcoin, while other funds seek opportunities elsewhere; what remains is to wait—learning to wait will place you above 95% of people.
The election is approaching! Three altcoins expected to soar 20-50 times!
ARKM Due to the previous announcement by Arkm to create a derivatives platform, arkm has started to strengthen. This adjustment is still operating within a normal range. Recently, the platform seems to be about to launch, so it has been quite strong these days. As my only main long-term holding token, Arkm has also experienced significant ups and downs. After more than a year of a passive holding strategy, there is finally a glimmer of hope now. Among Ai, besides tao, it is the most promising new altcoin, let's strive to make progress! If the market cannot stabilize at $2, then the oscillation trend will not change. The short-term support is at $1.4, and the short-term risk is that if the announced derivatives platform introduces a new platform token instead of continuing with Arkm, it could trigger a further decline.
TAO At the top of the DePIN altcoin ranking is Bittensor, which is an open-source protocol that supports a decentralized machine learning network based on blockchain. The native token of Bittensor, TAO, has fallen 15% in the past 30 days, with a trading price of $510.86. At some point this year, the value of this altcoin was close to $800. Therefore, the recent decline indicates that TAO may provide a buying opportunity. On the daily chart, the price of TAO is below the 20-day exponential moving average (EMA) (blue). However, the token has not yet fallen below the 50-day EMA (yellow). On the surface, it seems unlikely to breach this threshold, suggesting that TAO's price may leap to $681.85 in November.
SHIB Similar to Solana, Shiba Inu (SHIB) reached a new high in October 2021, peaking at $0.00008845 per token. The meme coin has transformed into a mainstream asset with a solid community. Its rise indicates a market demand for meme coins, but also confirms the importance of utility, as SHIB's development team has added additional use cases to maintain interest. Fast forward to today, SHIB's current trading price is $0.00001768, with a 5% increase on the monthly candlestick chart. As the Shiba Inu team continues to roll out new utilities, many analysts expect SHIB's stock price to rise 2-5 times in November. However, due to SHIB's market cap limiting its potential for a 100x return, many investors are looking for alternatives. BTC4390
There are particularly many big events this week, the fluctuations will not be small,
November 5th election, preliminary results confirmed on November 6th. November 7th interest rate meeting, basic interest rate results confirmed on November 8th. Additionally, this rate cut is different from previous ones, as it is related to the U.S. election, so it is considered a political rate cut. On the 8th, we will wrap up our meeting. Do you know why it is at this time?
The market since March this year has indeed not been easy. However, I tell everyone: do not fall before dawn, block out all pessimistic remarks.
I have been through many battles and seen a lot, do not be misled, many people are still Too young, too simple.
Will Shiba Inu ultimately reach $0.001? The next 500% dark horse has arrived? Can SHIB make a comeback?
Driven by Bitcoin and Ethereum, the cryptocurrency market experienced a rebound last week, with Shiba Inu (SHIB) also receiving significant boosts. Currently, the trading price of Shiba Inu is $0.00001697, having increased by 3.26% in the past 24 hours. This price increase coincides with a substantial rise in trading volume, which has increased by 38.30% to reach $279 million.
This new momentum has analysts feeling optimistic, with some even predicting a substantial rise in SHIB's price. Prominent technical analyst Javon Marks recently mentioned that SHIB's value could increase by 5 to 6 times.
Why is the market going short? Current information shows that many are betting on Trump's victory, and major media and consulting websites are actively discussing it, generally optimistic about the market. They believe Trump's chances of winning are high, and the crypto market will rise significantly. However, there is a huge potential risk, which is the policies he may adopt after taking office, especially the risk of war. Looking back at the past, every time the market is filled with positive news, the results often turn out to be the opposite, and the market experiences a significant downturn. Just like at the beginning of the last bear market, there was hardly any negative news in the market, creating a false sense of prosperity, but the bubble burst at the slightest touch. This phenomenon has been seen many times in history; every market bubble burst has caused significant losses for investors. Based on the information I have collected so far, including some institutional movements, retail investors hold very few coins, and most have already sold off. Moreover, there are very few retail investors buying or holding in large amounts at this price level. This may be because they have lost confidence in the market or because they can no longer bear the market's volatility. Meanwhile, bullish sentiment in the futures and options markets is high, and funding rates are abnormal; even at such high levels, the rates remain positive. If the data is accurate, then many will face liquidation. This time, not only the options and futures markets but also a large amount of lending will face liquidation. Does everyone remember the last large-scale liquidation when many large holders had to sell off assets to pay off debts? It was a seismic event in the financial markets, and many investors suffered heavy losses. BTC4390