Bitcoin broke through 9w3, Meme pulled up the market and hit new highs, but the copycats fell like a ghost. This is the current market situation. Big funds only recognize Bitcoin, and retail investors and dealers are all concentrated in Meme.
The Meme sector has experienced a pullback following the broader market, but it is still very strong. The pullback is a good opportunity to get on board. The trend has not ended yet and the bull market is still there.
Ethereum focuses on the bottom-fishing opportunities in the range of 2800-3000, and Bitcoin focuses on the support situation near 85000! It takes time for the main force to ship out, so the market will not end so quickly, just boldly take it back!
Currently, the focus of the entire market is mainly on BTC and various meme coins, especially PNUT (Squirrel series), DOGE (Musk series), AI series, etc.
The detonation point of this wave of meme narratives, especially with the rise of DOGE, the market ceiling has been completely opened. Therefore, now everyone must keep their imagination and stick to the strategy of diamond hands.
As for when the meme market will end, there is actually an indicator that can be used as a reference: major public chains and institutional VCs begin to enter the meme market. By that time, the market will basically be almost over. Currently, many institutions are looking for opportunities to enter the meme market. Once they enter, they may consider transferring most of their funds to mainstream currencies.
For example, BTC and BNB. Although BNB has not risen much in this wave of market, the trading volume on Binance has skyrocketed, which proves that it still has a lot of room. Although BTC has been continuously bought by overseas institutions and central banks recently, we have seen that its rise mostly occurs at night, and BN has not yet wiped out the premium of CB, which is enough to prove a fact: the big trend has arrived and the pulse of the bull market is accelerating.
So when will the copycat season come?
I think one of the conditions for the start of the altcoin season is a sharp rise in Ethereum, and then there will be overflow funds entering the altcoin market, thereby driving a general rise in altcoins.
But Ethereum is performing poorly right now, and many Ethereum investors are stuck, so no one will try to pull up altcoins.
Even if individual projects rise, it is because of the need for narrative. Once the narrative ends, the decline is likely to accelerate.
However, I think the drop is a good opportunity to buy at the bottom.
How to grasp market sentiment and exit quickly:
1) Emotionally: Everyone who was touched got on board and left
2) Funding: Funds began to overflow to other tracks and leave the market
3) Story: New stories emerge in other tracks and leave
4) Time: The track is basically coming to an end after 3 months of climax, and you should leave
➜ $READER
-Litecoin mascot
Seeing that both BTC and meme coins have been rising recently, this morning, the official account of Litecoin ($LTC), one of the old coins that has been shut down, @litecoin, personally made a joke about the current phenomenon of Meme dominating market liquidity, saying that in view of the current market conditions, LTC is now recognized as a Meme coin. This move not only caused $LTC to rise slightly, but also gave birth to the Solana chain Memecoin $LESTER, which is based on the concept.
-Dogecoin officially promotes a meme designed for Litecoin, which has the best narrative recently. Lester announced the launch of gate!
-Big V joked that gregLTC Meme's mascot should be a cartoonist's Litecoin
Special cultural meme coins
➜ $TISM
- A few days ago, $HIPPO on the SUI chain was listed on Binance. Once there is a first, there will be a second. The next SUI chain will be listed on Binance faster than expected. The SUI chain has also become lively. Is it possible for $TISM to become the $BAN of artworks on the SUI chain?
- The artistic content is quite high, and the secondary creation pictures around it are circulated in the foreign circle, and there are also members of the $WIF team behind the scenes to help fuel the trend
➜ $HFC
-Hamster Fight Club
- Senator Rand Paul disclosed in the (Festivus Report) that the government invested money in research on hamsters taking steroids, puppies taking cocaine, drunk rats, etc., accusing the federal government of misusing funds. The article was accompanied by a picture of two hamsters fighting;
Musk responded with a rat emoji;
- Musk + special cultural meme coins
➜ $BNB
BNB Chain recently partnered with Google Cloud to provide $10 million in cloud credits aimed at supporting innovative projects in its Most Valuable Builder (MVB) accelerator program.
The collaboration encourages continued innovation within the BNB ecosystem, particularly in the development of cloud and AI-driven decentralized applications (dApps).
The coin has gained 3.77% over the past week, reflecting positive momentum.
Market sentiment surrounding BNB remains bullish, with the Fear & Greed Index showing an “Extreme Greed” score of 84, which typically indicates strong investor interest and increased market activity.
➜ $APT
Recently, APT data has experienced explosive growth, with monthly active usage rates continuously setting new historical highs, and the market's recognition of APT is increasing!
In addition to the recent support of native USDT, the stablecoin market continues to drive the rapid growth of #APTTVL! In addition, as a continuation of Libra's global financial vision, #APT's efforts in the#RWAtrack have become the highlight of its future growth!
Recently partnered with @BlackRock, the world's largest asset manager, to#BUIDLBlackRock's RWA fund on the Aptos network, the first non-EVM-enabled blockchain.
In addition, the world's first APT pledged ETP will be listed on the Swiss Stock Exchange on November 19, which will greatly enhance the recognition of APT in the global traditional financial field! With the cooperation and integration of#APTand traditional financial institutions, more ecological gameplay and cooperation advantages will be derived in the future. From the sharp increase in the number of users, we can also know the growth trend of APT in the hearts of users.
