This new column is a sharing of real investment experiences by Odaily editorial members. It does not accept any commercial advertisements and does not constitute investment advice (because our colleagues are very good at losing money). It aims to expand readers' perspectives and enrich their sources of information. You are welcome to join the Odaily community (WeChat @Odaily 2018, Telegram exchange group, X official account) to communicate and complain.
Recommender: Nan Zhi (X: @Assassin_Malvo)
Introduction: On-chain player, data analyst, plays everything except NFT
Share: All SOL leveraged long orders were closed, and only spot goods were retained. The surge in SOL in March was believed to be driven by Meme, and the benefit effect drove users to buy SOL and transfer it to on-chain transactions.
In the past two months, the benefit effect of Solana has become weaker and weaker. Although Pump.fun’s revenue has reached a new high, not many gold dogs have escaped from the internal market, which means that they are all traded on the pump.fun market. So on average, the real winners are only pump.fun and the project opening party, as well as a small number of top players and conspiracy groups. When they collect more and more SOL, they will only exit with profits.
In a nutshell: there is no longer enough bait to attract the majority of investors to buy SOL. In addition, the market is weak and there is no upward Beta.
Therefore, we will wait for the on-chain beneficial effects to reappear, or the effective progress of the Solana ETF to become an effective and sustained upward momentum for SOL before re-entering the leveraged long position.
Recommender: Star Flower (X: @mandywangETH)
Introduction: Contract Operator
Share: The recent market conditions are very disturbing, forcing me, a trend player, to become a short-term elf.
Last week’s operations: After it completely broke through MA 120, I went short a little, then tried a small long position when it fell to 59,000 (4-hour trend line), and went long again when it fell back to 60,300. Half of the long orders were closed at 63,450, and the other half was expected to be around 65,000. However, the market weakened and it fell below 61,000 this morning, triggering a passive profit stop. The average closing price was pulled back to 62,000+, crying.
The moving averages are in chaos at the moment. My original expectation was that there might be small fluctuations accompanied by small highs in the next period of time, but Bitcoin’s fall to 60,600 again is not a good signal. The trend line has been broken. I will not do more for the time being and will keep observing. If the short-term rebound can stabilize, the next week may continue to fluctuate with small highs. If it continues to fall, it will open up room for decline.
Recently many institutions have started to be bullish, but I still maintain my previous views on the medium term. Once the previous low of 58,000+ is breached, I still believe that BTC will fall to around 5w or even below 5w to find support. I think this is also a healthy path, which is conducive to the subsequent real rise.
My sincere advice for operation is that you should not mess around during this period. Take a break, think, work, and do some hair pulling. If you feel itchy, you can do some small things. As for the big trends, wait for them to emerge and the moving averages to be straightened out.
Recommended by: Wenser (X: @wenser 2010 )
Introduction: The person who proposed the theory that "Meme is the next APP", a heartbroken player in the exchange, and despises the "short if you don't like it" theorists
share:
Meme in the Solana ecosystem is still the most active. Pump.fun has earned $50 million in revenue within a few months of its launch. MICHI and BILLY are both representative emoji coins. In comparison, Farcaster Protocol, which is valued at $1 billion as a unicorn, has only just earned more than $1.5 million in revenue. The price-to-earnings ratio of Meme coins and the social track is clear at a glance.
Memes in the Ton ecosystem seem to be quite active these days. In addition to the old-fashioned NOT, ANON, FISH and the political meme coins that each chain has, TCAT has recently successfully achieved a small achievement of breaking through the market value of 10 million US dollars, which is worthy of attention. The address is: EQBtDmYgCKk 3 ec Q1 x-j0CLZRnPYyaV7cB33ad036QN-HE 2C 7.
pump.fun's ability to create wealth in the Meme coin field even exceeds that of Unibot in the Telegram bot field. And judging from the current momentum, it does not need to issue coins for fundraising. There have been quite a few copycat platforms recently, including Moonshot, four.meme, bibobibo.xyz, and SC and other tokens after Blinks came out. They are all very interesting. You can check it out to see if there is any opportunity. Later, I will also publish an article to compare the one-click coin issuance platforms. Welcome to follow my X account @wenser 2010.
Finally, the market still seems to be in a downward trend. Holding on to your coins and waiting, or clearing your positions with one click may lead to a short period of calm.
Recommended by: Asher (X: @Asher_ 0210 )
Introduction: Short-term contracts, long-term ambush of low-market-value cottages, gold farming in blockchain games, and money-grabbing parties
share:
BTC market: Short-term is still bullish, but we are looking at a rebound. Today's decline just filled the CME gap, 61100 opened more, stop loss can be seen at two positions, one is the last 4H low of 60600, the other is 59600, both fall below the short-term market is really gone, stop profit at 66000.
Others: One is BWB, which I am currently holding. Hope it will rise soon, or I can’t hold it any longer. The second is SOL, which I bought at 139 and will hold until it reaches 162 or 173. The third is JASMY, a Japanese concept coin, with a take-profit of 0.034 or 0.042 and a stop-loss of 0.026.
Previous records
June 26
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