When Bitcoin was at 40,000, the price of Ethereum was 3,000. When Bitcoin was at 60,000, the price of Ethereum was 3,000. Now that Bitcoin is at 90,000, the price of Ethereum is still 3,000.
Fans often send me private messages asking why I don’t talk about ETH. Isn’t it already like this, what else is there to talk about? It was strong in the last round because both ICO and DeFi require a lot of ETH, so it went from a low of 80 in 2018 to nearly 5,000 in the last round, but what does it have this round?
It's hard to come up with an ETF, but everyone is rushing to buy it. In addition, Solana is eyeing it covetously. I have said before that if I were to choose, at least for now, I would choose SOL.
What about the second child?
Although we don't see enough reasons for it to rise at the moment, but we can look forward to the future. The ETF of Erbing is open for pledge. Although the yield is not high, it is also a great temptation for big finance. In the future, as the yield of old US bonds continues to decline, the pledge of Erbing will become more and more attractive. Another thing is to wait for the return of funds to Ethereum and wait for its compensatory rise, but these are all things for the future. The main upward wave is also likely to be in the middle and late stages. It's just that for those who are holding it now, waiting is a torment. As for what to do now, there is no need for us to worry about it. At least for now, there are many better ones in this round.
Let's talk about today's BTC market analysis: From the K-line, the 1-hour level is oscillating, the 4-hour level is weak, the 12-hour level is sideways, and the daily level is rising. The intraday pressure level is 9350 and the support level is 88700 US dollars.
Bitcoin is obviously very strong, and there is basically no decent adjustment. It is in line with the current dog dealer's trading method, which is to pull up and smash and go without looking back. At the current hourly level, it is a bit like an ascending triangle. There is no big problem if it does not fall below the trend line below. Bitcoin's rise this week is weaker than last week, but it will not fall sharply. In the short term, as long as it does not fall below 88500-88250, it will not fall to the 8.6-8.5w range.
On the contrary, if it goes up and breaks through 93600, it will directly reach a new high of 96000. The rumors of a sharp drop on the Internet today are pure alarmist. Every time the price falls back by 3k points, it is a stable opportunity to go long. Who is shorting BTC now? Is it comfortable to go long after the price falls back?
Corresponding operations:
The spot market must have more than 6 levels of positions, because the direction is predicted and it is impossible to say that it is absolutely accurate. When the general direction is relatively certain, it is very troublesome to be too afraid of pullbacks and miss out on opportunities. It is enough to reserve 3-4 levels of positions to deal with pullbacks and cover positions. The pullback of the upward trend should be seen as an opportunity.
Finally, today we will reveal why the 132-fold increase in the price appeared out of nowhere after the 14-day ban. After reading this, you may know whether the price will continue to increase after the ban:
BAN's 132-fold increase in the past 14 days is clearly the result of market manipulation. It is not a normal market phenomenon. You can tell from the K-line:
8 days ago, that is, on November 11, the K-line of the ban was like a vertical line, and like a real rocket, the price went directly from 0.03 USD to 0.28 USD, a 9-fold increase, which took only 7 days. Sky checked the position.
The transaction volume of ban on 2024-11-11 was $38,141,590. Until the 18th, the transaction volume of ban was between 38 million and 88 million, with a range of 1 to 2 times. Then on the 19th, it directly reached 460 million US dollars. Since the establishment of ban social media, there have been only more than 100 tweets. Can you tell me that this is a normal market phenomenon?
What is the purpose?
1. This is a practice of traditional auction houses/luxury goods in our industry.
2. Binance is relatively supportive of RWA tokens and narratives.
3. It reflects the terrifying effect of Binance listing coins, and the tendency to cooperate with institutions like Sotheby’s. High-profile seems to be the style of this round of Binance listing memes.
What will happen after the ban?
1. Looking at Binance’s usual meme tactics, I feel that Binance has not yet completed its shipments. The act that Binance launched yesterday has not been hit hard afterwards, and I feel that there is room for growth.
2. See if OKX will be banned. If OKX is banned, there may be another wave.
3. How much face do the exchanges give to Sotheby’s, how much sincerity does Sotheby’s show in cooperation, and how much leverage does the demand for RWA narrative have for these exchanges!
I personally think there is still room after the ban. First, Binance market makers have not yet shipped all the products, and second, OKX has not yet been launched. I have written down the development history of the ban, which does not constitute any investment advice!
Will PNUT continue to rise in the future?
It may depend on whether Musk shouts or not, and whether Musk shouts or not depends on whether Trump needs it. Because the arrest and euthanasia of the squirrel is an unexpected political event at the end of the election, it can be used to continuously attack the Democratic Party for a long time and as a weapon to nail the Democratic Party to the pillar of shame and trample it underfoot.
So if Trump governs smoothly, the Republican Party is far ahead and feels safe, generous and confident. And if the Democrats do not make small moves to stir up trouble, and the two parties are at peace, the squirrel incident will be downplayed. But if the Democrats are still plotting behind the scenes, the squirrel incident will be mentioned from time to time.
Especially when public opinion is needed to support Trump, PNUT may be used to increase the price to show its presence. From a political logic perspective, PNUT has also taken a path of its own independent of ordinary zoo tokens, but this path is too sensitive, and being used as a gun by others should not feel good.
Whether a project is a pull-up depends on financial strength, chip distribution, project narrative, etc. Whether it is listed on BN/CB/UP is only a component of financial strength but not all. Chip distribution and real circulation are also part of the market value. The priority of the project narrative determines its position in the currency circle and its ability to attract traffic. The above factors are both independent and mutually influential.
Summary of the five major directions of Meme explosion: How to grasp the next hot spot?
1. Musk-related and cryptocurrency celebrity effect
2. Old altcoin mascot meme
3. AI Meme with new narratives or new applications.
4. New themes and narrative memes: For example, religious meme coin $LUCE or art meme coin $BAN
5. Community-driven memes: such as $KOMA, $ARMY, and $1984.
In addition, at this stage, we will focus on the Meme project on the Solana chain, as the current market trend is concentrated here.
Why should we pay special attention to Musk’s push!
When you see such sensitive content, you should immediately go to ave to find the CA. For example, the new dogefather increased by 40 times in just 15 minutes. In this case, there is no time to warn because the increase is often very rapid.
There is also the NVIDIA conference tomorrow (Wednesday), let's see if there is any action in the AI sector! Among the Ai sector coins, nmr has a better trend and may be hyped up, so you can pay attention to nmr or a small position to start the contract at the current price of 16.6u-16u.
Secondly, the trend is running in the big triangle, and the small-level price touches the upper edge line again. Pay attention to whether it can break through this time. It is a breakthrough order, so the position cannot be too heavy. Once it breaks through, you can continue to hold it. If it fails to break through, the long position will be closed, and the defense position will be placed at 15.5u
100x coin - worm
The market value of Chongzi has exceeded 7,000w. We have doubled it by 5 times. We can continue to hold it. The first goal is 10 times. This coin is quite popular abroad. It is also a relatively innovative aimem coin. It is a blockchain life form. It is estimated that it can also go out of the circle. The market value is still very low.
$BAKKT
Trump's social media company is in advanced talks to acquire cryptocurrency trading platform Bakkt;
At present, the contract address of Bakkt has been released. The biggest narrative of Bakkt is the concept of Trump's acquisition. Trump's acquisition of the digital asset market is expected to break the billion mark. Bakkt has become the leader of Trump's acquisition concept. One hundred million US dollars is not too much, right? This is Trump.
$PONKE
Ponke (PONKE) is a meme coin based on the Solana network. Its theme revolves around the image of a monkey and has fun and social attributes.
Bithumb, South Korea’s leading crypto exchange, announced that it will list trading pairs for Raydium (RAY) and Ponke (PONKE) at 5 p.m. local time today. The news has attracted market attention for the two tokens, especially meme coin enthusiasts and short-term traders.
$LIGHT
$LUCE is the only religious meme coin, with the Catholic Church unveiling “LUCE” (which means “light” in Italian) as the mascot for the Holy Year 2025.
LUCE is dressed as a pilgrim, in a yellow raincoat, worn-out boots, a missionary cross and a pilgrim’s staff, with eyes filled with scallop shells – a symbol of hope.
The stimulation of market sentiment, the boost in Binance expectations and the unique meme themes have jointly driven their rapid rise.
$TREES
The current market value of this currency is more than 700 million. It was listed on Binance within three days, which is unprecedented. This is enough to show its huge potential. It has gone through more than half a year of market scavenging, just like accumulating strength, and now it is time to make a breakthrough.
The on-chain pool has 160,000 sols, which is larger than Pepe. The dealer’s investment of such a large amount of capital is no joke, and there must be huge interests behind it.
$HOUR
Yesterday, I talked about the DeSci Meme track $RIF, which has been firmly established and its market value has soared. Today, I will talk about another leader in the desci track: $URO
It is a meme coin launched by Pump.Science. It is the only two officially certified coins of Pump.Science along with $RIF. Its current market value is 30.7 million US dollars. Urolithin A is a natural metabolite found in pomegranates and other nuts, which is said to be used to prolong life.
