Bitcoin is just 200 points away from a new high. It surged to 73600 last night but couldn't break through, now it's fallen back to around 72200. Everyone, don't be afraid of the drop, and don't guess the top blindly. If there's an opportunity for a plunge, quickly add to your position. Bitcoin looks quite promising for a breakthrough, and once it breaks through and stabilizes at a new high, the secondary market will surely pick up.
Once market confidence is broken, it can reignite, and the upward trend will truly begin. The current upward trend for BTC is quite obvious, so continue to buy on dips; the spot market may also be nearing a turning point. This Friday, the big non-farm payroll data will be announced, and the market is focusing on whether the Federal Reserve can cut rates in November and December. The probability of not cutting rates in November is basically zero; it ultimately depends on how the non-farm data turns out.
Now, whether in the crypto world or the stock market, the Trump trading time has appeared, and currently, the probability of Trump winning is decreasing, Harris seems to be emerging as a strong contender, receiving support from many big shots and capital. Especially with Obama coming out to endorse, it's telling all Americans that skin color, race, and gender are not barriers to becoming president. Only the true interests of America matter to everyone.
Now the campaign has entered its final phase; the outcome is actually certain, just large interest groups and consortiums, mysterious organizations, are performing for retail investors. The election is set, the stock market and crypto market will definitely crash. Haha, it will drop first and then rise, that's the way the layout is. Always believe that the big players are here to make money; all the good news is just to create and layout, merely to entice retail investors to take over.
Today there were reports about the destruction of LUNC and USTC
It seems today's focus is on the destruction of USTC and LUNC and their future development! Here’s a brief summary:
LUNC destruction: Today a plan to destroy LUNC is in place, approximately 5% of the total supply. The project party expects to completely shut down after destruction and hand over to the community, similar to the concept of becoming a 'bankrupt CTO' (Chief Token Officer). In this context, the future development of LUNC is full of uncertainty, and the market may react emotionally. This could make it the first project with a bankrupt CTO concept.
USTC re-pegging plan: USTC is about to launch a re-pegging plan, a move that usually brings confidence and support to the market, especially for investors who have suffered losses on USTC, potentially bringing a wave of new attention and liquidity.
As soon as this news came out, I hinted on Weibo, and within an hour, LUNC and USTC started moving, and when they say go, they go! Indeed, it's the coins that need to generate heat; all those so-called potential coins are trash.
Now we just need to rise to impress people, taking off is awesome!!!
Which meme coins are worth ambushing?
Leading player in the meme sub-sector
For example, the leading Ai Meme Goat,
Doge continuously supported by Musk
Trump's biggest beneficiary in trading Maga,
Cult concept leader Spx
Harry Potter Sotheby's + Art concept leader Ban
Trump's campaign sector people
Bonk, Bome, Slerf in the Sol sector
Doge series, Shib, AIdoge, Floki
Bitcoin ecosystem, Ordi, Sats
