This is how you get a 10x contract!!! #牛市都赚一千万 The market is here. If I don't get a few 10x, I'd be embarrassed to say I'm a cryptocurrency trader.
The following pictures are all screenshots of Pancakes from October to today, showing the performance of several 10x contracts. I do all spot contracts, but in this round of market, the spot market is mostly rotated to the meme section, and it is sometimes difficult to announce the dogfight in the square. And most of the followers are more suitable for playing contracts in terms of positions.
So how to do it:
1. You must know how to choose coins, specifically look for coins with unilateral market conditions, find a good point to enter the market directly, and take a good loss Just leave it.
2. Pay attention to people or institutions that are closely related to the currency circle, such as Musk's speech, announcements from exchanges, and the trends of major institutions.
You should know that this round of market conditions is not 19 years old. Now there are not only retail investors and institutions, but also governments and a lot of capital participating.
There will be more narratives and new coins will appear frequently, and what we need to do is to seize the opportunity! ! !
Good luck to everyone, make 10 million in this round of market! !
Binance Labs transfers tokens to Gate: Impact on market sentiment
On November 14, 2024, Binance Labs transferred the tokens of four invested projects (total value of approximately US$2.79 million) to Gate. This move not only had a direct impact on the market performance of these projects, but also had a significant impact on investor sentiment in the entire cryptocurrency market. Factors that influence market sentiment Trust and Confidence: Positive impact: Binance Labs is the investment arm of Binance, one of the world's largest cryptocurrency exchanges. Support from Binance Labs is often seen as an endorsement of a project's quality and potential. Therefore, the transfer of these tokens to Gate may increase investor trust and confidence in these projects.
IOTX identity transformation? Another official announcement turned into a meme!
Today, a statement from the official IoTeX Twitter account has attracted widespread attention. They said: "Given the current market conditions, IOTX is now recognized as a DePIN Meme Coin." This not only marks a subtle change in the role of IOTX in the market, but also brings a new perspective for investors.
Since its inception, IoTeX has been known for its innovations in the field of decentralized physical internet (DePIN). However, as the cryptocurrency market's interest in meme coins grows, IOTX's identity seems to be quietly changing. This official statement undoubtedly sends a positive signal to the market: IOTX not only has a strong technical background, but also has the social attributes of meme coins, which can attract a wider group of investors.
On November 14, 2024, the New York Times reported that the FBI searched the New York home of Shayne Coplan, founder of the crypto market Polymarket, on Wednesday morning local time. The operation is part of a criminal investigation by the FBI and the U.S. Attorney's Office for the Southern District of New York, focusing on whether Coplan operated Polymarket as an unlicensed commodity exchange and allowed U.S. users to place bets in violation of a settlement agreement with the U.S. government. Market Background Polymarket is a platform that provides cryptocurrency forecast markets, through which users can bet on the outcomes of various events, including political elections, economic indicators and other hot events. This fall, Polymarket became famous for providing presidential election odds, attracting a lot of attention and participation from users.
Litecoin officially announced its transformation into Meme coin? ?
On November 14, 2024, the official Twitter account of Litecoin (LTC) released a surprising message: "Given the current market conditions, LTC is now recognized as a Meme coin." This statement not only triggered widespread discussion in the community, but also had an important impact on Litecoin's market positioning and future trends. Market Background Litecoin has not been doing well in the market lately. According to Santiment, 452,000 net wallets holding between 0.1 and 1 LTC have suddenly been liquidated, suggesting that small traders are losing faith in Litecoin and capitulating. This outflow of small holders, often referred to as “minnows,” could be an important indicator of a potential bullish turn. Additionally, Litecoin has experienced significant volatility over the past few days, with a sharp rise followed by a similar drop.
On November 14, 2024, according to Coinglass data, the open positions of Bitcoin futures contracts across the network reached 608,240 BTC, worth approximately $54.78 billion, a record high. This data not only reflects the continued high interest in Bitcoin, but also suggests that future market trends may face more uncertainties. The significance of open positions Open interest refers to the number of contracts that have not yet been settled in the market, which can reflect the market participants' views on future price changes. When open interest increases, it usually means that more investors are willing to participate in the market, including both bullish longs and bearish shorts. The increase in open interest is often accompanied by an increase in market volatility, so investors need to be more vigilant about potential risks in the market.
The Hong Kong police received a total of 3,468 investment fraud cases in the first nine months of this year, involving approximately HKD 2.2 billion, with 35% related to virtual assets.
As the virtual asset market continues to thrive, cryptocurrencies have become the focal point for global investors. However, the prosperity of the market is accompanied by increased risks. Recently, a set of data released by the Hong Kong police serves as a reminder that, while pursuing high returns, it is equally important to guard against investment fraud. According to the latest report from the Hong Kong police, there were a total of 3,468 investment fraud cases in Hong Kong in the first nine months of 2024, involving an amount as high as HKD 2.2 billion. Although this is a decrease compared to the same period last year, the number of cases in October increased by 24% compared to the previous month, indicating a rebound trend. Notably, 35% of these cases are related to virtual assets, suggesting that the cryptocurrency sector is becoming a new target for fraudsters.
Bitcoin Price Fluctuations and Liquidation Risks: Key Points at $91,000 and $88,000
As the leader of the cryptocurrency market, every fluctuation in Bitcoin's price attracts widespread attention. According to Coinglass data, if the price of Bitcoin breaks above $91,000, the cumulative short liquidation intensity on mainstream centralized exchanges (CEX) will reach $974 million; whereas if the price falls below $88,000, the cumulative long liquidation intensity will reach $666 million. This not only reflects the scale of leveraged trading in the market but also reveals the liquidation risks that price fluctuations may bring. Price Fluctuations and Market Sentiment Bitcoin's price fluctuations have always been the focus of market attention. Currently, $91,000 and $88,000 have become two important psychological and technical support levels. When prices approach these key levels, market sentiment tends to become more sensitive. The competition between bulls and bears intensifies, and the victory of either side will have profound effects on the market.
Powell Prepares for Battle: Defending the Independence of the Federal Reserve Against Political Interference
Recently, The Wall Street Journal reported that if U.S. President Trump attempts to remove current Federal Reserve Chair Jerome Powell from his position, Powell is prepared to engage in a legal battle. This news not only reveals potential tensions within the U.S. government but also highlights the Federal Reserve's determination to maintain its policy independence. Background Introduction Since Powell took office as the Federal Reserve Chair in 2018, the central bank under his leadership has been dedicated to promoting stable economic growth through appropriate monetary policy. However, Powell's policy stance sometimes does not fully align with the economic goals of the White House, especially regarding interest rate decisions. President Trump has publicly criticized the Fed's rate hike policies multiple times in the past, believing these measures hinder economic growth.
Bitcoin Strongly Ascends, Establishing a Comprehensive Bullish Pattern
The cryptocurrency market has recently shown strong upward momentum, especially Bitcoin (BTC), whose daily chart displays typical leading wave characteristics. This indicates that market sentiment has shifted from previous caution to a positive bullish outlook, and investor confidence is gradually strengthening. This article will delve into the changes in the current market situation and share some inspiring stories to help investors better seize market opportunities. Recently, Bitcoin's price movement has attracted attention. From a technical chart perspective, a clear leading wave pattern has formed at the daily level. This is different from the previous market's indecisiveness in the overbought area; the current price movement is more resolute and shows strong upward momentum. This trend of directly pushing upwards is often a signal of elevated market sentiment and dominant bullish forces.
In this rapidly changing financial market, cryptocurrency has once again proven its undeniable power. According to BlockBeats, the market capitalization of Solana (SOL) has risen to approximately $98.92 billion, successfully surpassing the traditional financial giant Vanguard Group, ranking 196th in the global asset market capitalization list. This achievement is not only an important milestone in Solana's development but also signifies the increasingly solid position of the cryptocurrency industry in the global financial landscape. The significant growth of SOL's market capitalization reflects the market's recognition and confidence in Solana's blockchain technology. Solana is known for its efficient transaction processing capabilities, low transaction fees, and strong scalability, making it the preferred platform for many developers and users. Recently, Solana's active performance in areas such as DeFi (decentralized finance) and NFTs (non-fungible tokens) has further attracted a large influx of funds, driving up both the price and market capitalization of SOL.
Large-scale Capital Transfers: 32 Newly Created Addresses Withdraw Over $400 Million in BTC from Binance
The cryptocurrency market has once again become the center of attention, with recent data indicating that a large amount of Bitcoin is flowing from centralized exchanges to unknown destinations. This large-scale capital movement may signal important changes in the market, warranting close attention from all investors.
According to the latest monitoring data from Lookonchain, in the past few hours, five newly created addresses have withdrawn 745.5 Bitcoins from one of the largest cryptocurrency exchanges in the world—Binance, worth nearly $59 million. This trend is not a coincidence. Since November 6, a total of 32 newly created addresses have withdrawn 5,364 Bitcoins from Binance, with a total value of approximately $425 million.
From $291 to $744,000: The Comeback Journey of a Trader
In the world of cryptocurrency, everyone has the opportunity to realize their wealth dreams, but not everyone can seize those fleeting opportunities. However, there is a trader who has proven through action that even a humble starting point can lead to remarkable achievements. Let's take a look at this legendary story.
On November 7, 2024, just three days ago, the cryptocurrency market welcomed a hero who did not reveal his presence. This trader purchased 33.96 million TDS (Token Dynamics System) at about $291. At the time, it seemed like an ordinary investment, even somewhat insignificant. However, the ever-changing market is always unpredictable.
Today, we are going to tell the story of how a "mistake" triggered a chain reaction, and how it turned into a treasure hunt involving the entire community. Event: Once upon a time, on June 19, 2024, a warrior named 2024.qklpj.eth accidentally transferred 7,912 ezETH to a mysterious contract address during an operation. It was like burying a large treasure in a place unknown to anyone, and this location wasn't even marked on the map! To make matters worse, the designer of this contract address seemed to have done it intentionally, making this fund a permanent mystery. Fast forward to November 10, 2024, this warrior could no longer sit still and decided to take action. He announced a bounty program: "Whoever can help me recover this money, I will give a 10% reward!" At the market price at that time, this reward could be worth about 2.5 million dollars, equivalent to winning a small lottery jackpot! Once the news broke, the entire cryptocurrency community was in an uproar. Technical experts were eager to show off their programming magic; hobbyists transformed into detectives, trying to find clues from the slightest traces. For a time, the craze for finding ezETH swept across the internet, even those who usually weren't very interested in cryptocurrencies joined this treasure hunt. Summary: Although the outcome of this treasure hunt has yet to be revealed, it is certain that it has left a profound mark on the cryptocurrency community. The mistakenly transferred 7,912 ezETH may become an eternal puzzle, but it also witnessed the selfless help and support among community members.
Phase One: BTC Drives the Market Funds first flow into BTC, pushing it to new highs, and market sentiment gradually heats up. Phase Two: Flow to Large Market Cap Coins Funds begin to pour into high-quality large market cap coins like ETH and SOL, prices rise, and bullish sentiment is further confirmed. Phase Three: Strong Altcoin Rotation Subsequently, strong altcoins like YGG, NEAR, FTM, and INJ enter the market, with significant price increases, and even negative news is seen as positive. Phase Four: Frenzy in Small and Medium Market Cap Altcoins Finally, funds flow into small and medium market cap altcoins like SHIB, DOGE, PEPE, and BONK, and the market enters a frenzy phase where buying guarantees profit, and indicators become distorted. When BTC consolidates at high levels, some coins stagnate or correct, while extremely low market cap altcoins experience rapid doubling candlesticks, indicating that the bull market may be nearing its end, although many are still reluctant to accept this.
Gold Prices Drop, Is There an Investment Opportunity?
This week, gold futures fell due to a stronger dollar and rising yields, but the long-term trend remains optimistic. Saxo Bank analyst Ole Hansen believes this decline may be a healthy short-term adjustment and could even become a new starting point! 💡 📈 Three Major Factors Supporting Gold: U.S. Debt Pressure: Increased fiscal spending puts long-term pressure on the dollar, further highlighting gold's safe-haven value. Central Bank Accumulation: Many central banks continue to buy gold, enhancing its long-term value. Inflation Concerns: Global inflation pressures are increasing, making gold an effective hedge.
Overview of Altcoin Dynamics: DOGE: Significant withdrawals from Robinhood, with obvious capital outflows, may face pressure in the short term. NEIRO: The main forces are conducting buybacks, with concentrated capital accumulation, showing a strong long-term bullish signal. UNI: Capital flow is relatively complex, involving a large number of 'small retail' and institutions, with unclear sources of funds, warranting further attention. IMX: Institutions continue to engage in DCA (dollar-cost averaging), indicating an intention for long-term holding. DYDX: The market remains uncertain, with large holders like Amber, ZhuSu, and Alameda holding significant unsold assets, and future movements are still unclear. ENA & Eigen: High levels of smart money, active capital flow, and significant volatility, worth continued tracking. GOAT: Through buybacks, the main capital from WM has entered the market, showing potential for short-term price increase.
11.8 Bitcoin (BTC) Market Analysis and Trading Strategy Market Analysis: Overall Trend: Yesterday, Bitcoin saw a significant increase, rising over 2000 points in a single day. Although there was a slight pullback after reaching a new high, the price recovered quickly, and the overall upward trend remains solid. The movement continued to strengthen early this morning, with the price climbing to the 76800 area, and bullish sentiment remains strong. Technical Analysis: From the daily chart, there have been three consecutive days of positive closes, with support levels continuously rising, and moving averages consistently showing an upward pattern, with the upper band in good shape. If Bitcoin can further test and break through the 77000 level, it is likely to continue its upward push towards the 80,000 mark. Trading Strategy: Short-term Trading: If the price successfully breaks through 77000, short-term traders may consider following the trend to buy, aiming for the 78000 area, with a stop loss set below 76800. Medium-term Holding: For medium-term holders, the current market upward trend is good, and patience is advised while waiting for further upward movement, targeting 80,000.
Currently, Bitcoin is experiencing stagnation, while Ethereum is showing strong upward momentum. $2800 is an important resistance level for Ethereum. If it can break through and remain stable above $2820, the 96-day accumulation zone is expected to unlock, which will also lay the foundation for the official start of the altcoin bull market. If Ethereum is only experiencing a short-term pullback and can maintain solid support around $2820, then for holders of all strong coins, it is advisable to continue holding and wait for its price increase. The current bull market trend is clear, and any pullback of altcoins within a 15-minute short cycle is a good opportunity for investors to enter the market.