The main force behind this wave of increase, Forbes previously summarized a list of zombie cryptocurrencies, and this wave of market is precisely the zombie reanimation. The zombie list is as follows: XRP, ADA, BCH, LTC, ICP, ETC, XLM, STX, KAS, THETA, FTM, XMR, AR, ALGO, FLOW, EGLD, BSV, MINA, XTZ, EOS
I roughly checked the price increases of these tokens over the last 7 days. XRP increased by 110%, ADA increased by 50%, LTC increased by 50%, ICP increased by 30%, ALGO increased by 120%, EOS increased by 50%, XTZ increased by 45%. Basically, the projects on this list have all performed well, and none of them are low market cap tokens; most are projects with a market cap above 10.
Of course, since these projects can be recognized by Forbes, they all rely on being listed on Coinbase, so now you know where the driving force of this market wave lies: it is in U.S. concept coins, Coinbase concept coins, and Upbit concept coins.
The main battleground for trading this round is on Upbit, so what we need to do now is to find projects that fit all three concepts, have not increased too much, and do not have an exaggerated market cap to invest in.
The recent market will frequently rotate, and the benefit of a bull market is that good wine is not afraid of deep alleys. As long as your project is related to the aforementioned positive concepts, capital can dig it out no matter how deep it is hidden. So at this time, it truly is a matter of the bold thriving and the timid failing. Small investors can try to concentrate their funds and aggressively invest in a few projects.
BTC is entering a volatile market. At this time, we should focus on liquidation liquidity. Although the market's goal is currently focused on the second spring of old cottages, the price trend will still be affected by the big cake; At present, the areas with higher liquidation liquidity are 10w, 98000, 94000 and 86000 from top to bottom; Among them, 10w has the strongest short liquidity, followed by 86000; Since last week's rebound did not successfully go out of a higher high or test 10w, if we want to confirm that we have fully entered a volatile market, we need to go out of a higher low, that is, a low above 91000, and then enter the potential triangle convergence range; For long-term bulls, as long as the price is above 90000, it does not constitute the possibility of a larger level of callback, and it is still possible to consider waiting for the price to test 100000; For shorts, there are only short-term shorting opportunities at present, and there is no long-term position building structure. It can only be considered after the price falls below 90000. #微软比特币投资投票案 #每日瓜分1BNB #微策略持续增持BTC #下一个换谁涨? #RWA板块普涨
How to choose a target In a bull market, if a new hot spot or new concept appears and begins to spread in a fission-like manner, the price of the corresponding meme will form a trend of continuous sharp rise. The typical characteristics of this stage are: the price of the currency rises all the way, basically without callbacks or even if there is a short-term callback, the amplitude does not exceed 30%; There are two ways to seize this opportunity: a. Frequently brush hot targets and have a certain judgment on the spread intensity of the narrative. For example, the narratives of $BAN, $RIF, and $LUCE all have their own angles and novelties, and $DOGE, Eagle, etc. are also powerful from the perspective of communication. b. If you don’t pay attention to it at the first time, when you see some KOLs posting articles and some group friends talking, you can also analyze and judge which stage of fission propagation this project is in. If you think that this project is in the early stage of fission propagation, it is also a time to enter the market. Generally speaking, according to my preference for selecting coins, the market value of this coin is generally between 5M-50M when I decide to enter the market. Coins below 5M are often ordered by people who have already bought in, which is very fragile, and there may not be a strong dealer behind them. It is easy to go directly to zero in one wave; the odds of coins above 50M are not high enough, and even if you want to enter the market, you must control your position. For popular coins above 50M, I prefer to earn shallow bottom explosions after the callback.
I think the criteria for a good project are: 1. The founder/team has a great background, and it is best if they have done great things before. This is the standard of ability. 2. The founder should not mess around with the project, but should be determined to all-in the project and pay attention to user needs. If a founder needs the kols and community users to coax and beg him every day to stop messing around and do a good job on the project, leave early when you encounter such a project. 3. Stay away from fraudulent founders. There are only 0 times and countless times of fraud, such as the ai16z project. Although I know that the dealer is unlikely to give up this plate, I still cleared my position. Don't continue to bet on the evil of human nature. If you put your position in the hands of evil people, can you sleep well? 4. The team pays attention to products, technology and marketing. There are too many people who are self-congratulatory about their awesome technology every day, and most of them are dead. Lei Jun said, "There is a lot for us to learn from Tesla, and we can learn at least three to five years"; Li Bin said, "We are much better than Tesla. What is not better than Tesla?". 5. Combined with interesting mechanisms, new gameplay/narratives are created. If you find such innovative projects, please send me a CX! I will study with you and take over the ones I like.
Bitcoin experiences a double explosion, wildly washing the market! ONDO surges over 40%, and the rotation of VC coins has finally arrived.
Bitcoin has been oscillating below $100,000 for about ten days now, and is currently gradually forming a high-level triangular oscillation structure. Below, I have predicted two of the most likely oscillation routes. If it is the first option, then the oscillation time period is almost up, and the market is about to break out in a chosen direction. If it is the second option, continue switching the oscillation structure, with $91,500 as support, and then initiate an upward trend. Of course, there are third, fourth, and other possibilities, but they need to be gradually deduced over time as the future oscillation state evolves. However, the bottom line is support at $86,000! Once the price falls below this support, I won't understand it. At least the current upward trend is maintaining very well. While Bitcoin is caught in a high-level oscillation forming a structure that exchanges time for space, Ethereum is stabilizing the overall trend, and strong altcoins are ramping up. This state is characteristic of a bull market. Generally, in a bull market, those inside will definitely make money first, attracting external liquidity. This round of external funds has mostly flowed into Bitcoin and MEME, while last year it was into inscriptions. Bitcoin is driven by ETF capital purchases, most of which are external institutional funds. However, these funds often do not believe in any other coins, so they only buy Bitcoin and do not buy others. MEME has attracted a portion of external funds into the crypto circle through various communities, both online and offline, and initially, they mostly won't buy other coins. But this is actually detrimental to the VC coins in the entire crypto market, which is why VC coins have been sluggish. A healthy market requires other external liquidity to enter, or Bitcoin funds within the market, and MEME to shift towards traditional VC coins. When Bitcoin drops a bit, MEME coins drop overall, and then spring comes for VC coins.
Gala rises sharply during bullish periods; this coin can be played in three stages during each bear-bull cycle.
First stage: Enter at the bear market low point. Typically, when transitioning between bear and bull markets, the increase is around 300-400% before switching to BTC. For example, buying Gala when BTC was at 17,000 resulted in about a 4x increase from January to March 2023.
Second stage: Enter during the consolidation phase after a minor bullish period. Buy when BTC pulls back to around 20,000.
Third stage: Accumulate during the early stages of a major bull market, which is now, reaching mid to late stages where daily increases often reach 30%. Expand profit targets, and sell in batches until this bull market ends.
This is how I played this round. At the end of last year, I bought 100,000 USD worth of Gala when BTC was at 17,000, and after a 4x increase, I switched back to BTC. In June to August this year, I bought 3 million Gala, planning to sell in batches from February to April and then in October to November next year. In the next round, I will play this way again, only with familiar coins. Oh, no, I'm retired now, just messing around.
Bitcoin has been fluctuating below $100,000 for about ten days now.
Currently, it is gradually forming a high-level triangular fluctuation structure. Below are two predicted most likely fluctuation routes: If it is the first one, then the fluctuation time period is almost over, and the market is about to break out in a chosen direction. If it is the second one, the fluctuation structure continues to switch, with $91,500 as support, leading to an upward movement later.
Of course, there are also third, fourth, and other possibilities, but we need to gradually deduce the future fluctuation state as time goes by. But the bottom line is $86,000 support! Once the price falls below this support, I wouldn’t understand it anymore, at least the current upward trend is maintaining well.
While Bitcoin is trapped in high-level fluctuations forming a fluctuation structure to exchange time for space, Ethereum is taking over to stabilize the overall trend, and strong altcoins are fiercely rallying. This state is indicative of a bull market. What needs to be done is to capture the market trend that one understands and seize it. As for the rest, let's wait for the market to validate.
Every time there is a pullback in the short term, there are quite a few voices predicting a drop to 80k or 70k. I think this view has too large a span and is not very meaningful in reality. If there is to be a deep drop, the standard definition for upgrading the 2-day line adjustment is: a strong break below 90850. If it falls below this and cannot recover above 93000, the next step would barely see a minimum of 85755 (strong support at the 2-day line level).
In the short term, as long as BTC does not effectively break below 94750 (if it breaks below this and cannot recover above 95855), it will not continue to dip further.
If it rebounds again and stands above 97450, support will move back up to around 95755, and it will strongly rebound further to 98200-98700.
In the next 24 hours, focus on these two positions.
One strong push leads to weakness, and then exhaustion. If the short position opened yesterday has a weight of 15%, today it should be 10%, tomorrow 5%, or even not entering at all.
Look at this lush green area, Bitcoin burns itself to illuminate the altcoins!
Is this the altcoin season you’ve been waiting for?
Currently, the secondary altcoins have not fully exploded, I believe we can continue to lay out some targets in the #AI #RWA tracks, this is the current political correctness.
Short-term, absolutely avoid: 1. Old projects with no innovation, incentive, or marketing. 2. High unlock projects, which rise quickly but fall hard. 3. Outdated narratives, with low circulation and uncertainty about whether funds will come in to speculate.
Layout new projects, new narratives, new concepts, what other opportunities are there to pick up gold?
December will be the last opportunity for EHT and its clones to get on board 1. BTC is fluctuating, SOL is stalled, while yesterday ETH-related blue chips UNI, AAVE, MKR, LINK, CRV saw a collective surge, the ETH sector has been heavily promoted in recent weeks 2. BTC.D is experiencing a continuous decline, which has not happened in the past two years; it can no longer return to the 61% high in November, indicating a trend change 3. The significant rise of ETH in November attracted many trend-following investments, and if there is a consolidation in December, this will be the last opportunity to get on board, it will shock you in January next year
Two points I realized during this morning's reading session 1. It seems that everyone has been preparing their BTC exit plans quite early this round, and many friends around me have already executed their exit plans. 2. MSTR's financing plan to buy coins far exceeded expectations; originally, I thought Saylor's plan to finance $42 billion over three years was already aggressive to the point of being fanciful, but unexpectedly, they have already achieved $14 billion in less than a year. 3. During the bull market in 2017, many people exited too early, leading to the popular saying about eating fish (I invest like I eat fish, never eating the fish tail, but unexpectedly encountered a fish tail this time), so in 2021, many people were hoping for $100,000 when it hit $60,000, and basically did not reduce their positions. 4. This year, it feels like everyone has a bit of PTSD and is starting to prepare their exit plans according to the script from 2021. 5. This situation reminds me of filling out college applications for the college entrance examination; top universities always have a cyclical pattern. This year, there were too many applicants, leading to a high admission score, but in the next year, no one dares to apply, resulting in a low score. 6. I’m very curious whether this year will also be a big year for BTC 😂
The big guys take turns to pull up, and the top 20 in market capitalization must pull up 50% together, then BTC's share will return to below 40%, and the inclusiveness of the bull market will end. Now it has dropped from 60 to 54%. I wonder if you feel the wealth effect? If not, consider changing your position. This round of bull market will not benefit all altcoins. The funding style is different from the previous bull markets. If you want to get a stable income, you can buy the package supported by Grayscale Trust. Those things are all things that institutions may participate in. For the other small ones lying on the ground, I am afraid that they really only have the last chance to catch up. #XRP解锁新趋势 #XRP市值重回第三 #ADA、ENA大额解锁 #ETH持续飙升 #NFT市场回暖
The threshold for entry is too high, and the wealth effect is too low; this is the reason why Bitcoin cannot attract newcomers. Meme coins and altcoins precisely compensate for what seems to be a flaw in Bitcoin; every day, there are tokens appearing on-chain that can yield 100X or 1000X, even though it is gambling, speculation, and a game of survivor bias. Who told you to say that? It sounds as if the players don't know, but aren't we all just hoping that one day the 'survivor' will favor us? So Bitcoin and altcoins are not important; what matters is attracting people from outside, getting more individuals into the crypto space, and that is the merit of altcoins. Once a person enters the crypto space and experiences a bull and bear market or two, they will naturally come to understand and recognize Bitcoin, so altcoins have a positive effect on Bitcoin. #XRP解锁新趋势 #XRP市值重回第三 #ADA、ENA大额解锁 #ETH持续飙升 #微软比特币投资投票案
$BTC The big pie continues to trend down from day to night. During the day, I noticed that partners in the ⭕ circle were thinking about buying in. My first reaction is that the market is not yet stable and is still declining. Tonight, pay attention to whether the 4-hour closing can recover 96000. If the closing stands above 96000, the resistance levels to watch are: 98000~99000~100500. If it cannot stay above 96000, the market has not stabilized. Pay attention to the support levels below: 94700~94700 at these two key points. If the market has not stabilized, do not randomly try to catch the bottom. $ETH The upcoming decline of Ethereum is an opportunity. Everyone should take advantage of this drop. Once this month is over, opportunities will be fewer. The big pie has risen so much, but the second pie has not broken through the previous high. This is the opportunity for the second pie. Ethereum's good news has not yet come out too much. Waiting is wealth. Tonight, watch the position of 3570. If it does not break below 3570, pay attention to the resistance levels above: 3635~3680~3733. If the 4-hour level breaks below 3570, the market will continue to decline. Pay attention to the support levels below: 3528~3461 at these two points. Build positions in batches, buy on dips, and look bullish in the future. #XRP市值重回第三 #ADA、ENA大额解锁 #ETH持续飙升 #NFT市场回暖
No XRP, but it's great to see XRP rallying; this is what a bull market looks like, this is the season for altcoins. The rally of XRP is a substantial influx of funds, and its wealth effect will attract more external capital into the market. It would be best if retail investors can make money from XRP. XRP's current market value is like a huge pool of funds; when it cools down and other sectors rotate, the funds will flow and chase new opportunities. The entire altcoin market has also been revitalized. #XRP市值重回第三 #XRP市值重回第三 #ETH持续飙升
How to deliberately practice and train your ability to choose cryptocurrencies? A simple method to train your ability to choose cryptocurrencies is to pay attention to the relative exchange rates of small coins against BTC. You will form a matrix with two coordinates: one coordinate is rising or falling, and the other coordinate is outperforming or underperforming. This will create four quadrants: outperforming BTC when rising, underperforming BTC when rising, outperforming BTC when falling (less loss), and underperforming BTC when falling (more loss). Among these, there is a type of asset that can outperform BTC when rising and underperform BTC less when falling; this is the best asset choice, but it is unstable. What you need to practice is to monitor, judge, and discover such statistical relationships over the long term, so that you can identify these assets with high growth potential, decent quality, market attention, and that may outperform BTC. The crypto market is not considered a weak form efficient market, so technical analysis can still yield excess returns. #XRP解锁新趋势 #XRP市值重回第三 #ADA、ENA大额解锁 #ETH持续飙升 #NFT市场回暖
The system of hedging is based on the wave theory of candlestick patterns. In the cryptocurrency market, one day is equivalent to three years in the stock market; nearly 99% of the time in a year is spent in consolidation, with one-sided rallies occurring only 1% of the time. Therefore, hedging is an important skill in trading. When in an upward trend, long positions are the main force, and whenever there is a rebound near a resistance level, one can open a short position for hedging without hesitation, taking profits at 500 points, with a profit rate nearly reaching 100%. This is because whenever the price reaches a major resistance level, the candlesticks tend to pull back and build momentum before attacking new highs. Conversely, in a downward trend, short positions are the main force, and whenever the price drops near a new support level, there will be some room for a rebound. Therefore, near the support level, one can open a long position for hedging without hesitation, also taking profits at 500 points, with a profit rate that nearly reaches 100%. Hedging is a supplementary position, and the size must be smaller than that of the main position, continuously opening and taking profits as one moves. A side benefit is that it can reduce the forced liquidation point to a very low level, thus avoiding potential extreme risks to a certain extent.
New players are particularly anxious when they see copycat stocks soaring without being on the bus 🥹 In fact, there are only two real entry points with a winning ratio in the trend. The second best is the left side just before the launch, and the best is the first right side that breaks through after the left side has been quiet. If you haven't done your homework and monitored the market ahead of time, it's obviously not easy to catch these two time points. If you can't catch them, it's perfectly normal; if you miss it, just delete it from your watchlist and forget about it. One mistake cannot lead to another. New players are so anxious about missing out on copycat stocks that their eyes turn red. If you get in halfway, the cost position is not good, and being conservative means you won't earn much because others have massive profits to cushion their hands. If you look at the situation, it becomes a struggle between being above and below water, and in the end, what you receive heavily relies on the buyers. In the end, you haven't made any money, have spent a lot on transaction fees, and have ruined your mindset. There aren't just twenty targets in the market; if you miss one, there are new ones. Some money is just a show put on by whales, and in reality, you can't earn the #XRP解锁新趋势 #XRP市值重回第三 #ETH持续飙升 #NFT市场回暖 #微软比特币投资投票案 in your pocket.
Filecion doesn’t deserve to rise? Missed out! Is the king of copycats, Filecion, coming?
Filecion was the absolute king project in the market that was immediately listed by all exchanges including Binance. Its FDV exceeded 500 billion US dollars at its peak market value (the highest price of Filecion on Binance was 238.2 US dollars), which once exceeded the current market value of Ethereum of 410 billion US dollars. The foundation of its global market appeal is still very strong.
If you have not participated in the continuous construction of Fil in the past few years, you will not be able to see any clues of development from the price in the bear market. After all, this is an era of appearance, and price increases are justice. I do not object to this, and even agree with it. Rising prices can bring traffic, rising prices can bring attention, rising prices can bring external effects of consensus expansion, and most importantly, rising prices can make me money.
XRP Surges 3.5 Times in a Month, Knocking Out SOL! Will EOS and LTC Become the Next XRP?
BTC has been hovering between 92k and 100k, and this period is mainly reserved for altcoins to perform, so let's not waste the goodwill of the altcoin market. XRP surged 3.5 times in a month, knocking Solana down! Unveiling the complete history of XRP's price surges! After reading this, you may know whether XRP will continue to surge. XRP's month-long surge is clearly the result of market manipulation by major players, not a normal market phenomenon. Looking back a bit further, on November 6th, XRP was only $0.5, and by December 2nd, it shot up to $2.35! Is such a massive surge typical for large cryptocurrencies? What kind of news supported this? Below, I will discuss the methods used in XRP's price surge: