Dear friends, here are all the potential coins that will skyrocket in October! Make plans in advance, and getting rich overnight is not a dream.
Bitcoin is facing huge selling pressure. What happened? And where will the currency market go next? Let's follow Shuqin to find out.
First, let’s take a look at the overall market.
In the past two days, the intensified conflict in the Middle East has caused the cryptocurrency market and US stocks to plummet. This is an unexpected event. However, according to past experience, the impact of such an event is unsustainable, so it is a short-term negative and will not affect the general trend of the cryptocurrency market in October. Please see the picture.
Whether it is the 2013, 2017 or 2021 cycle, the Bitcoin bull market starts in October, and along with the halving consensus, it happens every four years without exception. Starting from October, Bitcoin will soar several times or even dozens of times in the following months.
Newcomers who have not experienced a complete cycle will not understand this. When we speculate in cryptocurrencies, we look at consensus. Only by following consensus can you accurately buy at the bottom and sell at the top. From the historical data, if you do not respect consensus, you will really buy high and sell low, and the gains will not outweigh the losses. So don't do the opposite. This wave of callback is your best opportunity to get on board. Please see the picture.
The Wall Street options market, which represents smart money, is voting with its money.
In this option with a total value of US$5 billion, the call-put ratio is 2.6 to 1, which is very bullish. Their biggest bet for the end of this year is the call option that Bitcoin will rise to 100,000, and the second largest bet is US$90,000.
As for put options, the largest bet is around 60,000 US dollars, but the amount cannot be compared with that of call options.
So we can't just look at what the institutions say, but also look at what they do. These 5 billion options are real money choices, and facts speak louder than words. In particular, these are all smart money, because those who are not smart can't make this 5 billion.
After looking at the options data, let's turn our attention to the mysterious East. I believe everyone has heard about the recent surge in the A-share market, with daily daily limit increases. The reason for the surge is the one trillion yuan of money injection, equivalent to 140 billion US dollars.
But don’t worry, there will be a big release of money in the cryptocurrency circle soon, and that is FTX’s 16 billion repayment.
Although this 16 billion is much smaller than the 140 billion in the East, the entire size of the cryptocurrency circle is also much smaller than that of China, the world's second largest economy. Therefore, the 16 billion US dollars stimulus from FTX this month is actually no less than the surge in A-shares, and these retail investors are completely unaware of it.
In addition, there is a consensus in the cryptocurrency circle that it will traditionally go bullish in October, so as an insider, you need to make money that is beyond their understanding, and don't be shaken away by the market makers' market shaking, because look at how the A-share market is flying, it went up in just a few days, it's that simple and crude.
Now that we have finished talking about the overall market, let’s take a look at some small coins that have good benefits.
First of all, AVAX’s annual summit will be held on the 16th of this month, which is just two weeks away, and there will be very strong expectations for rising prices.
And this time he will not only have an annual summit, but also his biggest update to date, the Avalanche 9000 update.
This upgrade allows it to be forked into multiple public chains to divert and process transactions, and it can be expanded infinitely. The forked chains are all centered on AVAX and share liquidity.
Therefore, AVAX has a strong motivation to start rising before the 16th of this month, and then when all the good news is out around the 16th, we will also sell off the top at that time, and the bold ones can even go short a little. This is the same as our previous bottom-picking and top-selling with Floki or People, and the chances of winning are extremely high.
In addition, OM will also be launched on the mainnet on a certain day in October, but because the specific time has not been announced yet, we can only ambush in advance, which should be a good thing.
Now, only OM can compete in the RWA sector. Maker has been reorganized and changed to Sky, while the leading Ondo will unlock 134% of the current circulating tokens in three months. All of them have big problems, so the RWA that can be deployed at present may be OM.
In addition, I think BNB can also be bought back, because Binance will launch a new coin every two weeks or so. The last Hamster has ended a week ago, so I think the next new issue should be coming soon, which will make BNB rise by 5% to 10%, which is very good.
Previously, we let everyone escape the top of BNB after the Hamster IPO on September 26th.
It has risen all the way from over 400 to 600, which is very cool. Now it has pulled back 15%. Coupled with the possible new coin issuance, I think it will have a good chance of rising in the next two weeks.
On Tuesday, Shuqin was the first to inform everyone of the negative impact of the Middle East conflict. At that time, Bitcoin was still 63,000. Congratulations to those who saw it in time. I also went short and bought something, which was very exciting.
Therefore, when trading cryptocurrencies, you should not only look at the operation points and hot information, but also grasp the current market dynamics in real time. Those who want to trade together can take a look.
Okay, let’s get back to the topic and take a look at another important update of a small coin.
I don’t know if you have heard about it, but Shuqin heard a piece of gossip that the leading AI coin World Coin will launch its own Layer 2 expansion network in October, called World Chain.
He had released a developer preview version in July. Now three months have passed, and many news indicate that it will be released in October.
Therefore, you can pay attention to his token WLD, because the release of his Layer 2 can be said to be a qualitative change for his project. From collecting irises for unknown purposes before, it has become a world-class expansion network with hundreds of millions of users. Its token WLD will also be empowered by this, so you can lie in ambush and play short-term.
Why do we emphasize short-term here? Because the long-term outlook for this coin is still not optimistic.
He has only unlocked less than 5% of the tokens, and more than 95% of the tokens will continue to be unlocked in the next few years, so his long-term selling pressure is very large. Therefore, we will just play a short-term wave, and we will clear our positions and leave the market after his expansion network is launched and the coin price explodes.
Of course, if you want to be safe, you can choose Fet, because when WLD soars, the entire AI sector should also rise, so Fet, which has little selling pressure, is actually a better choice.
Especially as we mentioned in the last issue, NVIDIA may release a new generation of 50 series graphics cards within the next one or two months, so the AI sector is really worth ambush.
Finally, Shuqin wishes everyone a happy National Day. Don’t forget to like and follow us before leaving~