Dogwifhat Price Prediction: Why WIF Could Hit $5 in May?

Dogwifhat Price Prediction: WIF, the meme coin cryptocurrency on the Solana blockchain, is showing a bearish trend, having fallen sharply over the past 24 hours. The fast-trending coin has seen a small pullback from the previous day’s high, suggesting a consolidation phase in the market. Meanwhile, Dogwifhat is trading at $3.02, down 2% from Wednesday.

The digital currency’s market cap currently stands at around $2.95 billion, ranking 37th among its peers. Despite a recent slowdown, 24-hour trading volume has increased by 24% to $861 million. This growth indicates increased investor interest.

The WIF digital currency has seen a volatile price movement over the past week, ranging between $3.30 and $2.70. These fluctuations highlight the inherent unpredictability of digital assets. Notably, WIF entered a bearish phase today, gaining more than 4%.

Since Solana-based Meme Coin reached an all-time high of $4.85 on March 31, bullish and bearish phases have rapidly alternated, reflecting the speculative nature of Meme Coin and its sensitivity to market sentiment. Despite the recent bearish WIF price, it is still up significantly by 4% over the past month.
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#wife #Solana代币增发 #Meme币你看好哪一个？

Data shows that the level of past due credit card payments for 18-29 year olds is the same as in 2006 (before the Great Recession).

Among Zoomers and older millennials, 9.90% of credit card balances are nearly 90 days past due.

Buy now, pay later - this is the new economy in the United States.

What about China?

Let me ask a question: Who still doesn't have a credit card?

#美国4月CPI数据回落 #GameStop带动Meme板块 #PEPE创历史新高 $BTC

What is leverage that everyone often talks about?

You only have 10,000 yuan, which is too little. You want to trade stocks and Bitcoin, but it is not enough. What should you do? Don't worry, I am a broker, and I will lend you 90,000 yuan. You use 10,000 yuan of principal to trade 100,000 yuan of stocks and Bitcoin. This is leverage, which is 10 times the financial leverage.

So why did the broker lend you 90,000 yuan? Is the brokerage company a philanthropist? Of course not. The brokerage company lends you money on request.

Have you ever thought about how big the risk is?

You used 10,000 yuan of principal and made a profit of 100,000 yuan. 100,000 plus leverage, a profit of 1 million yuan. 1 million plus leverage, a profit of 10 million yuan. The brokerage gives you 100 times leverage, and you dare to use 100,000 yuan to make a profit of 100 million yuan. Get rich overnight. Is it exciting? Human greed is a bottomless pit.

Someone took 100,000 yuan, added 1,000 times leverage, and made 100 million yuan in the stock market in 4 days. This is not nonsense. This is a real case. Get rich overnight! !

If you make money, you will share part of the broker's profit.

But what if your stock falls? From 100,000 yuan to 90,000 yuan, the broker will ask you to cover your position and make up your 10,000 yuan principal. If you don't cover your position, the broker will force you to close your position and force you to sell your stocks, and the broker will take back its own 90,000 yuan, which is a margin call. Your loss is your own, and the broker does not bear the loss.

Then you say, don't worry, I'll go back tomorrow, wait a little longer. Sorry, the broker will not wait and force you to close your position immediately. Even if the broker sells too late, the 90,000 yuan principal is not enough, and you have to bear the broker's loss.

So we often see in the news that when a certain stock falls, Bitcoin only falls by a few thousand dollars, and tens of thousands or even hundreds of thousands of people around the world are liquidated. This is the reason. Many people use several times or even dozens of times of leverage to speculate in stocks. After the explosion, they lose all their money, the principal is gone, and they still owe the broker a large sum of money, and they are in the worst-hit area. They are heavily in debt and finally have to jump off the building.

In short! Human greed is endless!

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#美国4月CPI数据回落 #GameStop带动Meme板块 #新币挖矿 $BTC

🚀📊 April US CPI report: key takeaways! 📊🚀
1) Good news from Fed Chairman Jerome Powell: CPI is lower than expected.

2) US CPI rose 0.3% month-on-month, lower than the forecast of 0.4%.

3) Year-on-year headline CPI inflation rose 3.4%, in line with expectations, down from 3.5% in March.

4) US core CPI rose 0.3% month-on-month, in line with expectations.

5) Core CPI rose 3.6% year-on-year, lower than the 3.8% increase in March and the lowest level since April 2021.

$BTC $ETH #BB币 #DeFi #GameStop带动Meme板块 $SOL #CPI

The annual U.S. inflation rate in April 2024 fell to 3.4% from 3.5% in March, the highest level since September, in line with market forecasts. Compared with the previous month, the Consumer Price Index (CPI) rose 0.3%, lower than 0.4% in the previous two months and the forecast of 0.4%. The housing index rose in April, and the gasoline index also rose.
The two indexes together accounted for more than 70% of the monthly increase in the full-item index. At the same time, the core inflation rate slowed to 3.6% year-on-year, the lowest level since April 2021, down from 3.8% in March and February. The monthly rate also fell from 0.4% to 0.3%, in line with forecasts.

#美国4月CPI通胀数据即将公布 #Megadrop

Shiba Inu Coin: Only 7.5 months, 500 yuan turned into 100 million, the rocket took off!

PEPE: It took 11 months from 140,000 to 100 million. Although the speed is not as fast as Shiba Inu, it is also a dark horse!

Ethereum: 20,000 investment, 5,000 times in 3 years, the truth lies in stability!

Ripple: Starting from 50,000, 2,000 times in 3 years, stable players!

Litecoin: 30,000 principal, more than 3,300 times in 5 years, tepid but trustworthy!

ADA: 40,000 investment, amazing returns in 5 years, good news for long-term holders!

EOS: 30,000 cost, more than 3,300 times in 4 years, a model of patience and persistence!

TRX: Starting from 15,000, reaching the goal in 7 years, the persistence and return of long-term investors!

Monero: 10,000 principal, 6 years of rise, the leader in the field of privacy coins!

Bitcoin: Starting from 50,000, 8 years of witnessing legends, the king of encryption!

Next Potential Coin Prediction:
Who will be the next rising star in the turbulent ocean of cryptocurrency? I expect that with the continuous development of blockchain technology and the expansion of its application fields, projects that are committed to solving practical problems, have a strong technical team and broad community support will be expected to stand out.
Potential Coin X: It has attracted the attention of many investors with its innovative technology, unique application scenarios and powerful ecosystem. Its team is composed of a group of experienced blockchain experts who are committed to promoting the development and application of the project. It has achieved remarkable results in a short period of time and has been widely recognized by the industry.
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#GameStop带动Meme板块 #PEPE创历史新高 #Megadrop

There are 189 ROBOTAXI currency holding addresses, compared with 140 yesterday, the consensus is getting bigger and bigger

Many people suggest to use the Ethereum chain, why should we stick to the Sol chain, because the soil of the Sol chain itself is easy to produce big golden dogs, low gas, many users, and concentrated traffic heat

The big golden dogs gme acm kitty released this time are all on the Sol chain, and the performance of the Ethereum chain is very general. The mood of meme has just improved in the past few days, and the mood can be quantified. GME took 3 days to achieve a market value of 120 million US dollars. There was no big golden dog in the past few weeks. The current market is hungry

As long as there is a good theme and narrative, funds will test the water.
#BOBOTAXI #GameStop带动Meme板块 #Meme币你看好哪一个？

⚠️ Cardano Breaks $0.45: Momentum Gains Despite Bearish Trend

🔺 Cardano’s move above the $0.45 mark signals a possible shift in momentum.

🔺 Market sentiment is bullish as ADA challenges key resistance levels.

🔺 CoinCodex predicts that Cardano’s price will rise by 4.77% by June 13, 2024.

Cardano (ADA) has shown encouraging signs in recent trading sessions. Despite hovering below important moving averages, it has managed to break above the $0.45 threshold, suggesting a possible change in its trajectory.

This price point has historically been a key support and resistance level, serving as an important indicator of future market moves. Investors have taken note of this development as it reflects the growing bullish sentiment surrounding Cardano.

The recent break above $0.45 marks a notable turning point, indicating a strengthening of ADA market momentum. This momentum could pave the way for further gains as Cardano seeks to challenge subsequent resistance levels.

Market data analysis shows that trading volumes, while not particularly high, are still stable, providing a stable foundation for recent price increases. In addition, the relative strength index (RSI) shows that Cardano is not currently in overbought territory. This means that there may be room for further gains without the risk of an immediate pullback due to overvaluation, which is a favorable situation for investors seeking potential gains.

Looking ahead, industry analysts such as CoinCodex predict a mild but optimistic upward trend for Cardano. The cryptocurrency is expected to rise by 4.77% by June 13, 2024, with a target price of $0.454977, and people are cautiously optimistic about its future performance. However, technical indicators are slightly bearish, while the Fear and Greed Index is 66, indicating greed among market participants.
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$ADA  #ADA.每日智能策略  #Cardano

Under the current market conditions, many people are asking whether shorting is suitable. Here are some insights into the current market and short selling strategies:

Situation Analysis:
Currently, there are no major sentiment-moving events in the BTC market. It is worth paying attention to the situation of the ETH ETF on May 23, which mainly affects ETH. Whether it passes or not, the market sentiment will be hyped. Anyone who has experienced BTC understands this. Next is next month's inflation data. The interest rate meeting is scheduled for June 11-12 to discuss the possibility of cutting interest rates. Aside from interest rate cuts, there are no other major recent events that could significantly impact market sentiment.

Market Sentiment Watch:
The direct way to observe market sentiment is the trading volume and trend of BTC in the early morning every day, paying special attention to ETFs and capital flows. These factors basically sum up the current market dynamics.

Short selling strategy:
Short term (1-10 days): The current market is subject to frequent fluctuations. A piece of news may cause the price to fall quickly and then rebound quickly, and the winning rate is not high. Short-term shorting is not recommended unless you have a special information advantage.

Medium term (10-30 days and above): Many are betting on rate cut expectations. Cutting interest rates is effectively acknowledging a recession. Looking back at the situation in 2019-2020, the first interest rate cut was in July 2019, followed by the second and third interest rate cuts in September and October respectively. You can refer to the comparison chart between the S&P 500 trend and BTC.

Regarding interest rate cuts:
Many people think this time is different because ETFs will support the bottom and will rise instead of falling. If you think so, then shorting is clearly not for you. We will wait and see whether ETFs dare to buy under the pressure of interest rate cuts.

High position short selling strategy:
If you think a rate cut will lead to a decline, it may be too early to go short. Suppose you plan to invest $2,000, which can be done in four installments. Each time, you invest $500 when the price rises, and set a stop loss price at the same time. Even if the ETF enters the market to support the trend and the trend reverses, you can stop the loss as soon as possible and leave the market. This strategy is feasible for shorting at high levels, but the key lies in execution and patience. Can you combine knowledge and action? Can you persist for more than a month? Measure your odds carefully.

Ultimately, shorting requires careful decision-making and disciplined execution. If you can grasp market sentiment and have a suitable strategy, you may be able to profit from this market wave.
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#ETH #新币挖矿 #GameStop带动Meme板块

🚨🔊 Jerome Powell said in his speech today that he "thinks the next step is unlikely to be a rate hike, and it is more likely to keep the policy rate unchanged."

The Fed Chairman also commented on today's PPI data, saying that "the data is mixed."

Overall, his remarks calmed the market and eliminated hawkish sentiment after the April PPI data was higher than expected.

The power of macro data is so amazing that the BTC pie fell 550 points in one minute after the PPI was released at 20:30 in the evening. In particular, the monthly rate of PPI in the United States in April was predicted to be 0.3%, and the published value was 0.5%, which was significantly higher than expected. PPI and CPI can be classified as the same type of index, PPI stands for producer index, and CPI stands for consumer index. They are both the most direct performance data of inflation. But fortunately, the US dollar index and US bond yields only pulled a small needle when the PPI was released at 20:30, and then fell to a lower level. Tomorrow night's CPI is the main drama, please sit tight and hold on.

$BTC #ETFvsBTC #美国4月CPI通胀数据即将公布

Fed Chairman Powell: I don't think the next move may be to raise interest rates, and it is more likely to maintain the policy rate at the current level.

What he said is equivalent to saying nothing, and it still means May 2, that is, there will be no interest rate hike or cut next month, and the current level will be maintained. . .

BTC rising pressure: 62300~63000, ETH rising pressure: 2928~2935.

Only after a strong breakthrough of pressure can it continue to rise.

But Powell is really awesome, Bitcoin rebounded 600 points in one sentence! ! !
Come on!
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#BTC走势分析 #ETH #美国4月CPI通胀数据即将公布 $BTC

Super long bonds are coming~~

The main difference between the Chinese version of quantitative easing (QE) policy and beautiful QE is that the decision-making process is more efficient and direct, without going through congressional debates or facing the risk of a government shutdown.

The operation of this policy depends on decisive actions from the top.

With the announcement of super long bonds,
it marks the official launch of Chinese QE,
it is like opening the Pandora's box of the financial market,
heralding a new stage of monetary policy,
fund liquidity will be further injected,
and have a profound impact on the economy.
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#美国4月CPI通胀数据即将公布 #BTC走势分析 #GameStop带动Meme板块

The current coin market is too chaotic!

PEPE and DOGE in the MEME sector are the only ones that have risen. But after the market rebounded, MEME was the first to have diarrhea and bleed.

If you say that the inscription ORDI is half dead, it can still jump around, but it is useless like a middle-aged man who is soft and hard.

After the mining of BNB ended, it began to weaken again, and the current support is still around 555U.

As for BTC and ETH, the support level is still above 60,000+. #btc走勢 #ETH