Overnight, BTC continued to fluctuate around $90,000. Previously, the price went up too fast and too hard from $70,000 to $90,000, so it needed to take a short break here, repeatedly fake falls, break the moving average support level, and wash out the unsteady bulls. Are you looking forward to $100,000? The more anxious and itchy you are, the less likely the market will go up. It will just linger below $100,000, constantly teasing and playing hard to get.
The market has abused me thousands of times, but I still treat it like my first love
Bitcoin rebounded to the 90,000 mark and continued to hold this position. The dealer continued to absorb the chips, digesting the previous rising chips at a high level, waiting for the dealer institutions to absorb enough chips, and then continue to rise. The next 2-3 weeks will be the node of adjustment. The ups and downs will also bring devastating impact to the market. At this moment, you just need to calm down and hold your position with peace of mind. Our Bitcoin moving average is around 75,000, and there is nothing to worry about.
Today's Bitcoin market, from the K-line, the 1-hour level is rising, the 4-hour level is rising, the 12-hour level is sideways (note that MACD water cross, the indicator may also fail), and the daily level is rising. The intraday pressure level is 93,500 and the support level is 88,500 US dollars.
Currently, the strongest coin besides Bitcoin is SOL. Yesterday’s article clearly stated this (Bitcoin battles 90,000 dollars! SOL breaks through strongly, and the copycats follow suit? MEME coin surges to 170 million dollars, who is the winner?). It is obvious that the hot spot of this bull market is MEME, and most of these MEMEs come from Solara. Solara is also the strongest among the large-cap coins besides Bitcoin. It is obviously irrational to sell it at this time.
It’s a good time to make money in a bull market! Follow us if you want to make money!
Today, Musk retweeted a banana photo, causing $BAN to surge 25% in one hour, and $BANANA also surged. PNUT surged more than 4 times in one day.
I was on October 12 (Bitcoin 63K! The market is volatile, why not give me a big surge? Layout Neiro, banana, Bigtime to make ten times the profit!)
Posted on October 27 (Big news coming next week! Capital is concentrated in Bitcoin, retail investors grab MEME, and Big Banana BAN is going to break the circle! "Accumulating power" for the bull market process)
Pnut was announced publicly to everyone on November 3rd, and on November 4th (the last minefield has been cleared, the last chance to get on board Bitcoin! Pnut increased 6,000 times overnight!) PNUT soared more than 4 times in one day.
Today let’s focus on Banana!
Banana: "The First Meme to Fly into Space" This banana 🍌 is no longer just an ordinary fruit. It is actually the embodiment of the classic Internet culture stalk "Banana for Scale". As the most conspicuous decoration on Musk's latest Starship S31, it will become a spiritual totem for human exploration of the universe as SpaceX continues to succeed.
Banana: The Next Meme King?
$Banana is a new meme project based on the Solana chain. Its current market value is only 30 million, far lower than meme leaders such as doge and pnut. If it successfully enters space on a SpaceX rocket, $Banana may become a representative symbol of the combination of meme culture and space exploration.
Meme funding and Musk logic.
The value of a meme lies in attention, and the biggest source of attention in the world is Musk. Just as he promoted the rise of doge and shib, the potential of $Banana is also worth paying attention to.
This launch is an important step for SpaceX towards interstellar exploration, and Musk is also paying close attention to it.
On November 18, Musk just changed his X head portrait to a photo of SpaceX taking off, cheering for the launch one day later. As a symbol of fun and culture, bananas will accompany every milestone of human space journey after the launch.
Banana business opportunity: Musk's other big game
On November 16, the SpaceX official website store officially launched two banana-themed products: "Banana for Scale" stickers and banana plush dolls (probably the first plush toy under Musk's brand). The bright banana yellow instantly became the highlight of the black and red store page, directly hitting the enthusiasm of fans. This may not only be a commercial attempt, but also an important part of the narrative behind Banana.
Finally, a special reminder about Banana’s expectations: $Banana mentioned throughout this article stands for banana for scale, a new meme project on the Solana chain.
Behind every super meme, there is a super narrative that belongs only to him. The new meme king that has emerged recently:
1.ACT: The leader of AI (artificial intelligence) + meme, with a peak market value of about 1 billion
2. Pnut: The leader of Political + Meme, with a peak market value of about 2.5 billion
3. As the leader of Universe + Meme, Banana’s market value is only about 30 million (as of the time of publication). It is still in the value discovery stage.
The logic behind the meme funds surrounding Musk is simple: meme tokens are attention, and the world’s greatest attention comes from Musk. $doge, with a market value of $50 billion, became popular because of Musk’s repeated calls, and the same is true for $shib, with a market value of $15 billion, which are both strongly related to Musk.
Imagine boldly, since DOGE has become the abbreviation of the U.S. Department of Government Efficiency (DOGE for short); then, what will be the future of BANANA?
A banana, seemingly ordinary, measures human humor, imagination and creativity. From Internet memes to space flight, it is both the pinnacle of entertainment and a symbol of the future. At the end of the universe, we may need not only technology, but also the optimism of a banana.
Looking forward to the SpaceX launch in two days and a more exciting journey of space exploration!
See you at 4 p.m., Tuesday, November 19th, local time in the United States (6 a.m., Wednesday, November 20th, Beijing time)!
