The selected options for this round of pullback are: DOGE, ENA, WLD, PNUT, WIF, all of which are still good, but WIF is a bit slow. #加密市场反弹 #BTC重返10万 #美联储12月降息预期上升
#Today's Market Watch# The Shanzhai market had a rebound yesterday. There were too many corrections in the past two days, so we took advantage of the fact that market makers and leeks had not reacted to it and pulled it up sharply. The price is a bit high today, and the market is a bit FOMO. I don't recommend chasing high prices.
Summary of Penny's 10 Long-term Spot Layouts and Returns for the Second Half of the Year💰💰
Penny published an article in late September, stating that this bull market only focuses on 3 tracks: 1. Meme 2. AI Sector 3. RWA Sector
First, there's no need to say much about Meme, which is the main theme of this bull market. The main ones are WIF, PEPE, BONK, and BOME. Except for BOME, which is stagnant, the others have performed quite well:
AI has consistently led everyone to follow WLD, ARKM, and FET as the three leaders. Other than FET, which is a bit lacking, the others are doing well. Yesterday, the well-known market maker DWF Labs announced the launch of a $20 million AI Agent fund, which can be a key focus moving forward.
Next is the RWA sector, where ONDO and OM have lived up to expectations and exploded at the end of the year, while PENDLE has also seen a steady rise. Recently, the RWA track has seen significant breakthroughs, such as usual.
The previous phase of selecting 10 targets has concluded, with a total doubling in three months. In the next phase, Penny will select another 10 targets, and everyone is welcome to charge forward with me again.
Market volatility intensifies as Pump.fun sells over 24 million USD in SOL
Hello everyone, I am Penny. Just four hours ago, Pump.fun transferred 109,587 SOL (worth 24.36 million USD) to Kraken, making headlines once again.
However, due to several factors, the sales speed of SOL at Pump.fun is expected to slow down in the coming months: 1. Depleted reserves: Over the past two months, Pump.fun has nearly exhausted its SOL holdings. The remaining assets include only 100,000 JITOSOL, valued at 25.85 million USD. 2. Decrease in transaction fee income: The speculation around SOL-based meme trading has weakened, leading to a significant drop in transaction fee income. In November, Pump.fun's daily transaction fee income was 15,000-20,000 SOL. By December, this figure had halved to about 10,000 SOL per day.
During the decline over the past two days, nearly 1 billion USD flowed into BTC ETF!
Retail investors were forced to hand over their chips, while institutions successfully lowered the average price. After going back and forth a few times like this, the chips in retail investors' hands were drained, making it easier to pump the price later. #加密市场回调 #市场回调抄底还是观望?
It's hard for everyone to believe that it has dropped to this extent. How things will go from here still depends on Bitcoin and Ethereum, so let's analyze the market first.
BTC did not bounce back yesterday, and the 4-hour MA120 has turned into a resistance level. The daily MACD is still in a bearish trend. If it cannot break through 9730 soon, which is the 4-hour MA120 position, there is a risk of dropping to 90,000;
ETH's daily MACD has formed a death cross recently, indicating that it will start to weaken in the short term. There is an expectation of a rebound to 3700 today, but if it can't rise, there will be a correction to 3350 in the short term. #市场调整后的方向 #加密市场回调 #大盘走势
It is said that you should add to your position when the market falls.
It seems to be a simple principle, but Penny has experienced so many years and so many people, and very few can really do it. Because they are all worried that the market will continue to fall, and they will buy on the mountainside.
For this wave of callback, it is recommended to add 20% to the bottom first, in case there is a deeper range later. Buy spot slowly and eat the average price. Penny still recommends these top choices: DOGE, ENA, WLD, PNUT, WIF.
WIF, BOME, NEIRO, PNUT, WLD... These really can drop, this wave of dog funds didn't spare anyone. Fortunately, I listened to Egg's advice, last week's theme was to reduce positions and take profits. #市场回调抄底还是观望? #加密市场回调 #山寨季将持续多久?
BOME and ORDI have been going back and forth, it's better to cut them off quickly. Although I didn't lose money, it was too annoying. I don't want to send them out anymore. I'll just treat them as dead. #BOME🔥🔥🔥 #ordi #微软比特币投资投票案
There are both crashes and surges, it's just a matter of whether you dare to buy.
A coin only draws attention when it skyrockets, and then everyone talks about waiting for a pullback to buy. However, when the market truly offers an opportunity, very few people dare to get in, thinking it might drop further.
The correct approach is to buy a little when it dips slightly and to buy heavily during a big drop. Don’t go all in at once; buy 2 layers of your position every time there is a 10% pullback. No one can catch the lowest price; getting an average price is sufficient. For this round of pullbacks, the preferred options are: DOGE, ENA, WLD, PNUT, WIF.
Remember, bottom fishing is for spot trading, don’t use futures and don’t use leverage. We slowly accumulate spot positions, continuously lowering our average price, and then hold on while waiting for a new round of upward trends.
$PNUT Market Cap Surpasses $1 Billion! PEPE Ranks 2nd!
Hello everyone, I am Penny. Recent statistics show that $PNUT is the fastest animal-themed meme coin to reach a market cap of $1 billion, achieving this milestone in just 11 days. This achievement surpasses its competitors $PEPE and $BRETT, which took 19 days and 28 days respectively to reach the same level.
PNUT: The Flying Squirrel $PNUT is built on Solana, inspired by a quirky mascot and a tragic story of a real squirrel. Thanks to Elon Musk's support for X and its listing on Binance, this memecoin skyrocketed in popularity. These factors propelled $PNUT to reach a market cap of $1 billion in record time, solidifying its position in the memecoin market.
The TON ecosystem explosion is expected to occur next year, and the Telegram ecosystem already has 4 tokens listed on Binance: NOT, DOGS, CATI, HMSTR
Among them, NOT is considered the leader with the largest market capitalization, but the accumulation time is relatively short, which poses a higher risk and is not highly recommended. In contrast, DOGS, CATI, and HMSTR have smaller market capitalizations but show strong potential for growth in the later stages, making them likely to experience significant increases.
Attention! ! This week, APT, STRK, and SEI will have large amounts of unlocking, with a total value of over $200 million, including:
APT will unlock 11.31 million tokens at 0:00 on December 12, worth about $163 million, accounting for 2.11% of the circulation; STRK will unlock 64 million tokens at 8:00 on December 15, worth about $49.51 million, accounting for 2.83% of the circulation; SEI will unlock 55.56 million tokens at 20:00 on December 15, worth about $38.24 million, accounting for 1.39% of the circulation; ADA will unlock 18.53 million tokens at 8:00 on December 11, worth about $22.05 million, accounting for 0.05% of the circulation. #APT、ADA、ENA大额解锁 #美财政部称BTC“数字黄金”
Yesterday's BABYDOGE rose 50% due to a wave of dog-themed increases driven by Musk's tweet, which is a result of market sentiment. It is not recommended for everyone to follow this trend. DOGE's pattern is still okay. Musk's position as the main figure is unshakable; just hold it long-term.
After Musk posted the Doge meme, the price of DOGE rose by 5% today, once again reaching $0.45, and Baby Doge also rode the wave of popularity to find an opportunity to pump, with a price increase of 51%. CoinGlass data shows that the open interest in Dogecoin futures has increased by over 8%, reaching $4.04 billion, indicating that market confidence in DOGE is still strong. The next step in the meme market rebound is that DOGE will lead the rise, aiming for $0.5. And when Trump's new policies are announced next year, DOGE is expected to go crazy, with the first target being $0.7, and there is a high possibility of breaking through the $1 mark.
Grayscale is about to start making moves again, and is considering adding assets in these 7 major sectors:
1. In the DeFi sector, 7 projects were selected: JUP, ONDO, ENA, CORE, RUNE, PENDLE, AERO made the list. 2. In the underlying infrastructure category, there are 6: TIA, PYTH, ATOM, AKT, UMA, NEON are shortlisted. 3. In the Layer 1 sector, 9 projects were chosen: TON, TRX, APT, INJ, ICP, KAS, VET, OM, CELO are included. 4. In the Layer 2 sector, there are 8: OP, ARB, SEI, STRK, POL, MNT, IMX, METIS have been selected. 5. In the DePIN sector, 2 projects were chosen: AR, HNT. 6. In the AI artificial intelligence category, 2 projects were highlighted: FET, WLD. 7. There is also a Meme sector, which has selected only DOGE. #doge⚡ #历史见证者打卡 #AI板块走高
Recently, $WIF broke through the consolidation zone of 3.0-3.27, recovering above 3.4. Additionally, with $WIF flowing out of exchanges to the tune of 94 million dollars, this signals accumulation by long-term holders, indicating a potential rise in the coming days.
Based on recent price trends, if $WIF can close above 3.5 dollars, there is a strong possibility of a 30% increase in the coming days, reaching a level of 4.7 dollars. #山寨季怎么布局? #山寨币市场观察 #WIF王者归来