Finally, a big market trend is about to arrive.

The significant rise of APE was already anticipated by us; it's just a matter of time. The rotation effect will eventually benefit everyone.

As for ETH, although its explosive rise has come slower than expected, it has finally shown signs of a substantial increase! For long-term holders, Ethereum at $2430 is definitely worth investing in.

Currently, the price of ETH has risen by 300 points, and it’s clear that everyone is profiting from it. From the very beginning, as long as you noticed this signal, you could seize the opportunity.

In our posts from October 8 to 9, we already mentioned this, and those interested can look back to check.

Ethereum can start building a position in batches from $2430. This rebound was entirely within our predictions; it's just that the number of participants in spot Ethereum is still too few!

Musk's endorsements of DOGE have indeed had a significant impact on the market. Since 2021, Musk has mentioned DOGE multiple times on social media, with each mention accompanied by substantial fluctuations in DOGE's price. For instance, in January, February, and April of 2021, Musk endorsed DOGE on Twitter, resulting in an increase of at least 37%, with peaks reaching as high as 404%. However, this does not mean that every endorsement from Musk signals the arrival of a bull market. During the bear market of 2022, Musk also endorsed DOGE in January, April, and June, but these times saw increases ranging from 10% to 32%.

Recently, Musk mentioned DOGE again during a speech in Pennsylvania, causing DOGE's price to rise by 15% within 24 hours. This event recalls Musk's endorsements of DOGE during the bull market of 2021. Nevertheless, this 15% increase alone cannot confirm whether a bull market is on the horizon. However, it is certain that this had not happened during the previous bear market.

Musk's influence on DOGE is not limited to his tweets; he has also impacted DOGE's price through other means. For example, both Tesla and SpaceX have accepted DOGE as a payment method, further enhancing DOGE's mainstream application scenarios. Additionally, Musk proposed the establishment of a “Department of Political Efficiency” (D.O.G.E), which could bring new political traffic potential to DOGE.

Overall, Musk has a significant impact on DOGE's price, but his endorsements do not always signal the arrival of a bull market. Investors considering investing in DOGE should take into account various dimensions, including market sentiment, technical analysis, fundamental factors, and Musk's influence.

Investors should pay attention!

Currently, the price of $ETH Ethereum is not dropping as smoothly as expected, and the intraday pullback may continue for a while. Here are a few points we need to closely monitor:

1. We have just executed a closing operation, with an average price of $2750, but this price level is not particularly ideal, so we must not let our guard down. We need to stay alert and wait for further signals from the market.

2. When the price reaches $2718, we can consider reducing our position by half and setting a trailing stop loss to the cost price. This is because there is still a support level below that needs to be tested. Timing-wise, there may be further downward movement in the afternoon. If the market can smoothly break below this level, then the next price level to watch is $2683.

3. Trading is always filled with uncertainties, and I will continuously monitor market changes and report back to everyone promptly with any new developments.

In the secondary market:

From the accumulation structure of altcoins, the rise in altcoin prices during this round will be very satisfying, although it is hard to assert that this will be the most exaggerated one in history.

The accumulation period has been unusually long; past altcoin accumulations typically took about a month, while this time, altcoins have generally accumulated for 2 to 3 months. Not only that, this round also experienced an extreme liquidation process. Reflecting on the various challenges over the past year is truly chilling.

Especially the significant drop on August 5, with enormous trading volume. Considering the lack of liquidity, one can imagine where those chips ultimately ended up.

Therefore, I have always emphasized the need for patience; the altcoin market will come, and we must hold on. Those who can endure are like warriors struggling out of adversity.

Most altcoins are waiting for Bitcoin to reach new highs.

Currently, some public chain projects are preparing to launch meme concepts, and the three mischievous inscriptions (ordi, sats, rats) are also eager to try.

In recent days, the gaming sector's coins have surged overall, led by familiar coins like AXS and YGG, driving the entire sector upward.

1. **Challenges of large-cap altcoins**:
Those altcoins with large market capitalizations may have experienced a period of rapid growth, and the current market enthusiasm may be waning, and there is a risk of being replaced by emerging projects. Historical examples include EOS, BCH, BSV, LUNA, and currently ADA, SOL, DOT, LINK, etc., which may gradually lose their advantages in future market competition. For these currencies, investors need to be vigilant.

2. **Risks of small-cap and unlisted altcoins**:
Although projects like SHIB have been successful in the previous "Dogcoin" craze, most altcoins with small market capitalizations and not listed on mainstream trading platforms tend to be short-term speculations, with very high risks and a greater possibility of being manipulated (cutting leeks). Instead of taking such risks, it is better to choose projects with more strength and development prospects, so that the chances of success will be higher.

The current market analysis of ApeCoin (APE), including both bullish and bearish perspectives, and updated buy and sell price targets are as follows:

**Current Price:** $1.372

**Bullish Scenario:**
- **Market Sentiment:** The positive sentiment across the cryptocurrency market could drive APE prices higher.
- **Support Levels:** APE is currently holding above the key support level of $1.30, showing the potential for a rebound.
- **Technical Indicators:** If the price is able to break above the $1.40 resistance level, it could spark more buying interest.

**Bearish Scenario:**
- **Resistance Levels:** APE has encountered strong resistance near $1.45. If it fails to break above this level, the price could fall back.
- **Market Trend:** If the market shows signs of weakness, APE could fall below the $1.30 support level.

### Price Targets
- **Buy Price:** If the price of APE approaches $1.30, consider buying as this is a very strong support level.
- **Sell Price:** A potential sell target can be set at $1.45, which is an expected resistance level.

### Summary
Considering the current price of APE is $1.372, the market outlook is slightly optimistic and there is a chance that the price will rise if the market environment remains favorable. However, traders should keep an eye on the $1.45 resistance level and consider buying around $1.30 for risk management.

Seizing the opportunities of SHIB may make your wealth grow rapidly and realize your dream of becoming a millionaire.

Token Issuance and Butlin’s Philanthropy
Since its inception, SHIB has appeared on the market with an astonishing number of 1 quadrillion tokens! In 2021, Ethereum founder Vitalik Buterin received half of the tokens and subsequently made the decision to destroy 90% and donate the remainder to charity. This behavior made SHIB famous. Although SHIB itself does not have an automatic destruction mechanism, this incident undoubtedly increased people's attention to SHIB.

SHIB’s stunning gains
SHIB's profitability is remarkable. On May 11, 2021, the price of SHIB soared from US$0.00000172 to US$0.00003532 in just a few days, an increase of an astonishing 1953 times! However, the market is always full of volatility, and by early June, the price of SHIB retraced to $0.00000793, which was in line with the trend of the entire cryptocurrency market. In the world of cryptocurrency, timing is of the essence, and those who act quickly can often reap huge rewards.

Another surge in October 2021
In October 2021, the price of SHIB once again ushered in explosive growth. Initially, the price was $0.00000766, rising to $0.00002913 by the middle of the month, and reaching a high of $0.000089 by the end of the month. Although the price has corrected since then, this increase has made people see the huge potential of SHIB. As long as the strategy is right, SHIB can make money very quickly.

SHIB Volatility and Investment Opportunities
SHIB's price swings are a rollercoaster, but it's this uncertainty that provides investors with huge opportunities. As long as you have patience, insight, and can take action at the right time, SHIB may bring you huge returns and even change the trajectory of your life. At the same time, SHIB is not only suitable for short-term trading, but also has the potential for long-term growth.

Ready for the next opportunity
For those who want to invest in SHIB, it is important to stay alert and continue to pay attention to market dynamics. SHIB's history shows that once it gains momentum, it can be unstoppable. Are you ready for your next money-making opportunity? It could be right around the corner!

Can the Shiba Inu Coin (SHIB) price see a parabolic rise similar to 2021 to reach $1?

Amid bullish market sentiment, the Shiba Inu token has once again attracted the attention of many investors at the end of this week. Notably, SHIB’s price has the potential to see a 2021-like parabolic rise in the future due to recent ecosystem developments. SHIB’s burn mechanism continues to significantly reduce the supply of tokens, while the increase in Shibarium activities and the latest ecosystem developments have brought huge market optimism to this cryptocurrency.

Market observers are speculating whether the dog-themed meme token is ready for a parabolic rise similar to 2021, and its potential target price of $1 may be imminent.

Shiba Inu Coin Burn Rate Accelerates as Shibarium Activities Rise

Notably, this week has been very bullish for the Shiba Inu token as Shibburn data on X shows a 920% surge in the weekly token burn rate. Over the past seven days, 320 million tokens have been destroyed, which has had a significant impact on the market supply of the token. At press time, the total supply is recorded at 589.26 trillion SHIB.

Meanwhile, it is worth mentioning that Shibburn’s intraday destruction data shows a 367% surge in destruction, with 11 million tokens destroyed. All in all, the massive destruction record has fueled bullish sentiment towards the token, reflecting the law of supply and demand.

Moreover, Lucie, SHIB’s head of marketing, who joined X on October 19, highlighted the significant growth in Shibarium activity. According to Lucie, new transactions on the network are approaching the 30K mark, while the number of contracts has also grown from 17.8K at the end of September to 18.2K in October. This surge highlights the significant growth of the Shiba Inu Layer 2 blockchain.

Overall, recent statistics highlight bullish indicators, bringing optimism to the world’s leading dog-themed meme coin.

Is a parabolic rally to $1 in 2021 possible?

Meanwhile, it is worth noting that between January and May 2021, Shiba Inu coin saw a staggering 45,000% surge in price. After a significant correction, the token price rose another 1,500% to reach an all-time high of $0.00008845 in October.

Currently, Sui ($SUI ) is still in the early stages of its development. The creators of SUI have made it clear that their goal is not to compete with Ethereum or Solana (SOL). In fact, the entire blockchain industry is still in an exploratory period. Ethereum and SOL mainly serve users in the cryptocurrency field, but have not yet been able to effectively expand to a wider user group. This means they have not yet become industry standards.

$SUI ’s vision is to guide users of Web2 to Web3 and further expand the size of the cryptocurrency market, with the goal of expanding the market 10 times or even 100 times. This is one of the reasons why SUI is considered to be in its early stages: the current focus is on building infrastructure, first migrating the existing cryptocurrency ecosystem to the SUI ecosystem, and then innovating on top of it. The recently launched Deepbook is a good example!

In addition, $SUI showed significant innovation in code and infrastructure construction. Many developers from Ethereum and SOL said that they are excited about the launch of SUI and believe that SUI will play an important role in the upcoming bull market.

Dogecoin’s recent gains among the top 40 cryptocurrencies have been particularly impressive, thanks in large part to Elon Musk’s Twitter comments. Musk’s words on social media have significantly increased the attention and price of Dogecoin. He mentioned on Twitter that as California officials restricted his SpaceX company from increasing the number of rocket launches, he suggested that "D.O.G.E." could solve this problem. The "D.O.G.E" here actually refers to a concept of a department that Trump once proposed to improve government efficiency. Trump also said that if elected as president, Musk would be in charge of this department.

Dogecoin reacted positively to Musk's tweet, with the price rising by 6.8% in 24 hours and 17% in a week. The current price of Dogecoin has reached $0.1236. Looking back on Musk’s huge impact on the price of Dogecoin in 2021, if Trump really wins the election, the price of Dogecoin may continue to rise crazily.

Musk and Bitcoin's rally have combined to drive the price of Dogecoin higher. While the price of Dogecoin has been relatively stable before, it is finally starting to pick up, which has investors and holders very excited. Meanwhile, Bitcoin’s recent strong performance has also had a positive impact on Dogecoin. Dogecoin’s current momentum is likely to keep its price stable and may even continue to rise.

Although some predict that the price of Dogecoin may drop at the end of the month, this belief is not universal. Looking at the number of active addresses of Dogecoin has reached a new high this year, this shows that users have very high support for Dogecoin and everyone is actively using Dogecoin. Therefore, based on current market conditions, Dogecoin and other cryptocurrencies are likely to see another round of significant gains.

In the bull market of 2024, almost all altcoins experienced varying degrees of price increases from August of the previous year to March of the current year. The increase ranged from several times to dozens of times. In extreme cases, such as ORDI, it even reached tens of thousands of times. Of course, there were also some currencies that only rose by dozens of percentage points. However, due to the differences in the strength, style, community operation and profit model of the dealers and project parties behind them, the K-line chart trend of each coin is also different.

Those currencies that have experienced a sharp rise in the early stage of the bull market often perform poorly in the second wave of rising waves, and the number of currencies that can break through the previous highs is small. On the contrary, those currencies that did not rise very significantly in the early stage of the bull market may usher in surprising price trends. After the entire crypto market experienced a correction, these currencies ushered in a rebound, and even continued to set new highs in subsequent market conditions.

But to this day, about 70% of altcoin projects have not ushered in their main rising market. The "main rising wave market" here refers to those currencies that have seen a sharp price increase in a relatively short period of time (a few days or weeks). For example, some newly launched currencies have a relatively small market value bubble because of the small initial increase; or some old-fashioned altcoins have not seen a significant increase. Therefore, investing in these currencies that have not yet experienced a major uptrend still has huge profit potential. Investors can buy the spot of these currencies, hold them with confidence, and wait for the right time to ship.

Bitcoin (BTC) market makers seem to be in a dilemma at the moment. They have been desperate to push up the price before, and now they have to pay the price for it. They have been manipulating the market, violating the natural laws of the market and normal price movements. Although they may have temporarily controlled the market, they cannot control it forever. Once the highest point is reached, if there are no buyers to take over the sellers, the market liquidity is insufficient, and the market makers will naturally be unable to continue to support the price, which may eventually cause the price to plummet. At the current high point, if the price falls, the amount of short positions that the market makers need to pay to close will be very huge. Therefore, they can only temporarily control the market and prevent the price from plummeting, but the space to continue to push up the price is very limited, and the market has reached the top. There will always be a moment when the market makers will not be able to control the market's plunge. Therefore, the market makers can only take one step at a time and try to delay time as much as possible. In fact, when the price reached $58,900, the candlestick chart should have shown that the market would continue to fall, bottom out, and then rebound, but the market makers forcibly pulled it up against the market law, resulting in the current situation

The shorts of Bitcoin (BTC) seem to be very smart. They quickly left the market after the price rose, leaving behind some investors who took over at high prices. At present, according to the liquidation data on the 7th and 30th, the short positions have been basically liquidated, while the longs have shown an overwhelming advantage. In the context of this serious imbalance between long and short forces, the market trend can only reverse when large funds meet expectations and close long positions, and retail investors begin to take over. This is because closing long positions is equivalent to opening new short positions. Investors can clearly see the short position explosion line, but the long position stop profit line is invisible.

In this bubble blowing competition, whoever can make a profit and cash out in time at the high point will be the winner. Changes in market sentiment and key resistance levels will have an important impact on the short-term and long-term trend of Bitcoin. Investors need to pay close attention to market dynamics, be prepared for both hands, conduct band operations within the range, and pay attention to risk management.

The recent price movement of Dogecoin (DOGE) has attracted widespread attention from the market, and its significant price increase has once again put this meme coin in the spotlight. According to analyst predictions, Dogecoin may experience a parabolic growth similar to 2021, which is expected to push its price to $10.

Currently, the price of Dogecoin has reached $0.129, which is the highest point since October. Not only did this price increase allow Dogecoin to outperform many other larger cryptocurrencies on both a daily and weekly basis, but according to a price analysis posted on the social media platform, Dima James Potts noted that the recent breakout was closely related to Dogecoin The initial stages of the coin’s parabolic breakout trend in 2021 are similar.

As you can see on the daily candle time frame chart, Dogecoin price broke above the upper trendline of the descending wedge in September. After briefly retesting this level in the first two weeks of October, the price started another upward climb. This price action is similar to what Dogecoin did in January 2021, after which it went parabolic over the next year until it reached its current all-time high of $0.7316.

If history repeats itself, this will likely cause Dogecoin prices to rise significantly in the coming months. However, it is important to note that despite such predictions, the cryptocurrency market remains full of uncertainty and price volatility is high. Therefore, investors should be cautious and consider their own risk tolerance when making investment decisions.

This morning, the price of Bitcoin suddenly rose and broke through the $68,000 mark, which triggered widespread speculation in the market as to whether the price of Bitcoin was heading straight for $70,000 or whether this was just an illusion to induce investors to buy.

From the one-hour candlestick chart, the price of Bitcoin rushed to $68,260 this morning, forming an obvious short-term triple top pattern with the previous two highs. Regardless of whether a new high can be reached here, our trading strategy remains unchanged, that is, to open short positions in batches at high levels.

If the price of Bitcoin lingers around $68,000 for a longer time before changing, the more investors may be trapped. As we discussed earlier, by observing the one-hour and four-hour candlestick charts, we can see signs of short-term adjustments, falling from $68,400 to $66,600, a drop of nearly two thousand dollars.

To judge a larger level of adjustment, it is necessary to observe the trend at the daily level, and this change may come soon. It is highly likely that the price of Bitcoin will consolidate sideways during the coming weekend and then choose a direction again. Therefore, we need to wait patiently and be prepared to make swing trades within the price range.

At 8:30 am Beijing time, the price of Ethereum is currently $2,600. From the daily K-line chart, the market of Ethereum presents a symmetrical triangle shape, and this triangle is tightening. Today is Friday. If there is no clear direction for today's market, then this week may continue to consolidate, the box space will become smaller and smaller, and the opportunity for operation will also decrease.

The daily K-line chart shows that the price of Ethereum has been fluctuating between the pressure level of $2,660 of EMA90 and the support level of $2,570 of EMA60, while EMA15 and EMA30 are also fluctuating up and down. The MACD indicator shows that the increase in volume has ended, and the differentiation of DIF and DEA has also come to an end. The bulls are currently facing strong pressure. Although the divergence has ended, the bulls have not opened up the situation. Instead, new resistance points have emerged, and the bulls may feel exhausted. The Bollinger Bands are also shrinking, with the upper rail pressure level dropping to $2,690 and the middle rail resistance point also moving down to $2,488. The KDJ indicator is shrinking, and the bears need to pay close attention to the key position of the bottom support. If this position is broken, the bearish trend may follow.

On the four-hour candlestick chart, the trend of the symmetrical triangle is more obvious, and the support point of EMA30 at $2577 is exactly at the support point of the symmetrical triangle. The MACD indicator shows a top divergence, and the volume is shrinking downward, and DIF and DEA are also spreading downward from high levels. The contraction of the KDJ indicator shows that the market still needs to consolidate in the short term, and the market is still in the contraction stage of the triangle. We need to be prepared for both hands and perform band operations within the range.

Urgent alert! Shiba Inu Coin (SHIB) in the US market is experiencing a storm, and market participants are uneasy about a possible market crash, worrying that SHIB and the entire cryptocurrency market will be affected.

Although the price of SHIB is currently hovering around $0.00001899, it has risen by nearly 7% in 24 hours and 42% in a month. However, market sentiment changes rapidly, and experts warn that there may be large fluctuations in the next few days and need to be treated with caution.

📈 What will happen in the future? Some analysts predict that by mid-October, the price of SHIB may soar to $0.000036, which means that the increase may reach 111.8%! This optimistic forecast is in stark contrast to the concerns about the market crash, and people can't help but wonder how external events will affect the future of SHIB.

📊 Key data includes:

Trading volume: It has recently reached $490 million, showing the activeness of the market.
Market sentiment: Although it is relatively stable at present, the fear and greed index shows that investors' anxiety is increasing.
💡 How should investors respond? It is necessary to pay close attention to market dynamics and be prepared to deal with price fluctuations. Historically, October is often a month of market growth, and SHIB may take advantage of this trend to break through the current market environment.

For the first time in more than two years, Tesla has moved all of its Bitcoin holdings, valued at about $760 million, out of public wallets. According to Arkham Intelligence, Tesla made multiple transactions to move its Bitcoin holdings out of existing wallets. The move attracted widespread attention in the Bitcoin market, and soon after, the value of Bitcoin reached $670,000.

Tesla transferred $75.18 million, $76.08 million, and $77.16 million in the first three major transactions. The transactions reportedly occurred in quick succession. While the company transferred $76.08 million and $77.16 million to the same anonymous wallet, Tesla transferred $75.18 million to another unidentified wallet.

So far, Tesla's Bitcoin has not entered an exchange wallet or been converted into a stablecoin. This raises the question of why the company founded by Elon Musk decided to make this move two years later. As of the time of the move, the electric car maker was the fourth largest Bitcoin holder, holding 10,000 coins in 2021. Tesla or Musk has not yet publicly commented on the move, but the potential reasons behind the move vary in severity.

Additionally, users on social media speculated that the consolidation of UTXOs (unspent transaction outputs) played a role in the Tesla Bitcoin transaction. UTXOs can be thought of as separate unspent amounts of any token, waiting to be used in future transactions. Each UTXO used in a transaction increases the transaction size, resulting in higher fees. Consolidation results in fewer inputs for future transactions

After two consecutive days of price decline, the price of SUI fell from a high of $2.36 to a low of $1.96, but then rebounded to $2.06. Looking at the 4-hour chart, we find that SUI has shown an upward trend twice in a row, which shows that the market has signs of rebounding. Therefore, now is a positive time to consider establishing a long position, and investors do not need to hesitate and can act quickly. However, it must be emphasized that the market is always accompanied by uncertainty, so investors should fully evaluate market risks when making trading decisions, and reasonably plan fund management strategies according to their own risk tolerance and investment goals.

As the cryptocurrency market continues to expand, investors are faced with an increasing number of investment options, which brings the challenge of picking the best return on investment tokens. Although some investors still prefer to invest in the top-ranked tokens, many have also found and successfully invested in less popular or emerging cryptocurrencies such as Neiro ($NEIRO ) and Pepe (PEPE), which are gradually being introduced into more portfolios, especially those of top investors. Zig Network (ZIG), as a new project, is in the pre-sale stage and is expected to achieve 100 times growth, which may become a new option for investors.

Neiro (NEIRO) holders experienced a difficult period at the end of September when the price fell sharply. Although it recovered later, it fell again at the end of the month. Entering this month, the price of Neiro (NEIRO) seems to be still steadily falling, having fallen to $0.09803 per unit, which may mean that its recent upward trend has ended. However, after the first week of October, the situation of Neiro (NEIRO) has basically turned positive, rising 68% in the past week and breaking through $0.13 before reversing. But with the prospect of further declines towards the end of the month, many short-term traders are taking profits and moving to other projects like Zig Network (ZIG).

On the other hand, Ethereum-based memecoin Pepe (PEPE) has also been appreciated by multiple analysts, with the price of Pepe (PEPE) expected to rise again before a bumper November for the crypto market. The currency, which saw a sharp rise in March before seeing smaller gains in April and July, has been slowly rising since the beginning of September and is currently up 44% from 30 days ago. This seems to be a prelude to a bigger rise for Pepe (PEPE), which could happen by the end of October, which also explains the rise in trading volume for the token.

However, despite the widespread attention both Neiro (NEIRO) and Pepe (PEPE) have received, neither of them has achieved the 100x gains predicted by Zig Network (ZIG). Zig Network (ZIG) is a bold project that promises to be the first blockchain revenue-sharing platform, providing daily income to holders through staking. For the safety of investors, the smart contracts of Zig Network (ZIG) have been audited and the project's liquidity is locked for life.