It can increase 10 times! My family, I finally found this potential coin, with a small market value, strong fundamentals, and two major hot spots coming. This coin is incredible!
The data on the Bitcoin chain is abnormal, and this indicator shows a huge divergence. What are the whales doing?
What important positive news will there be in the cryptocurrency world that deserves our attention? Let’s follow Shuqin to find out.
First of all, today the Bitcoin chain indicator broke the historical record, which is very scary. Let’s look at the picture.
The Bitcoin reserves of exchanges across the entire network have recorded the second largest net outflow in history in the past seven days. This means that whales have been frantically buying coins on exchanges in the past few weeks and then transferring them to their own cold wallets. They are almost emptying the exchanges, and it is hard to get a coin, which is simply outrageous.
Look at the previous large-scale purchases, and the cryptocurrency market has started a violent bull market. The last halving also happened in 2020, after which Bitcoin soared from more than 10,000 to 50,000 or 60,000, and then the whales transferred the coins back to the exchange to cash out at high prices, buying low and selling high. We can see all of this clearly on the chain.
So don't take the recent consolidation as the end of the market. It is purely the result of profit-taking after rising too much. And if it had risen so much before, it would definitely have pulled back by 20% or something. But now Bitcoin can't pull back much. Too many big investors are increasing their positions. This in itself is a strong signal. What you have to do now is to wait patiently for the consolidation to end. The next wave will go to 120,000-140,000.
I tell you, from 2017 to now, the only people I have seen who can’t make any money in the bull market are those who can’t hold on to their coins. If you hold on to the high-quality coins and have patience, you will make a lot of money.
In addition, as everyone has seen, XRP and Doge were timid before the hot spots came, and the price of the currency did not rise for one or two years. However, with the recent hot spots, these currencies can triple or quadruple in a week or two.
The same goes for ETH. Don’t think that it has not increased much now. When it is upgraded in March, you will understand. It always doubles within two months. If it is 4,000 in January, then after the upgrade in March it will fly directly to 8,000. It is that simple and crude. Then by the end of next year it will be about 10,000 or 13,000. Smart money buys when no one is interested.
I think you can use a safe 2x leverage on ETH, so that you can earn X2, and earn several times the profit stably, which may be more than what you earn from playing with local dogs. In the short term, I think ETH may encounter resistance and consolidate when it reaches 3900 and 4000, and then break through the previous high and go straight to the sky.
In addition, the Ethereum ecosystem is also worth ambush. Among so many ecological coins, Shuqin feels that there is one coin that has a very big extra advantage, that is Puffer in the re-staking sector.
This coin is one of the few projects invested by Binance Labs but not listed on Binance, so Puffer has a much higher chance of listing on Binance than other projects, especially when Ethereum upgrades and Ethereum ecosystem becomes a hot topic, I think it has a good chance of listing on Binance. If you don’t know this project, you won’t know the information about its investment lineup.
This project is indeed good. It has been funded by the Ethereum Foundation and has investments from Binance, Coinbase, Consensys and Franklin. With such a lineup, it should be very competitive.
Of course, if you want to make money with a coin, you also have to look at its market value. Puffer’s current market value is 50 million, and its total market value is only 500 million. Compared with Eigen’s 7 billion or EtherFi’s 2.5 billion, it’s just a drop in the bucket. I think this coin has great potential, with a low market value and good fundamentals, and it is more likely to be listed on Binance, so you can try to configure a small position, just don’t hold too much.
And ENS, another ecological currency of Ethereum that we had previously planned, has completely risen, more than doubling in a week. I told everyone to run for 46 and quit while we were ahead.
I am still optimistic about Pepe now, not only because he is the core dog of Ethereum, but also because the alt season will come back and explode at any time. You can only ambush in advance, otherwise when it explodes, you can only stare blankly. When the real alt season comes later, it will at least double or triple. If you look at its previous alt season increase, one or two times is already conservative.
As for the short term, Pepe and Shuqin of Shitcoin talked about their benefits in the last episode. Because major whales built positions one after another, everyone got in the market. In the next two days, the price soared by more than 30%. This is the power of on-chain data. Shuqin is the first to know what coins the smart money is buying and selling, and then leads everyone to make plans and truly follow the market leader.
And Mooden, which Shuqin asked everyone to ambush last week, was actually launched on Coinbase in the early hours of this morning, and doubled in one day. Then Uni also rose from 12.8 to 14.6. We have always been ambushing these possible positive factors in advance, and we update them in real time every day. If you are interested, you can take a look.
Before we know it, it is already December, and several huge positive news in the cryptocurrency circle are about to explode. The first one is Microsoft’s Bitcoin investment proposal on December 10. You must know that Microsoft now has 110 billion US dollars in investment funds on hand. Once this proposal is passed, Microsoft can buy as much as it wants, and Bitcoin will definitely skyrocket!
MicroStrategy CEO Michael Saylor will also give a speech at Microsoft's internal meeting, so it seems that there is still a good chance. But no matter what the result is, the market will see a wave of growth due to this popularity, and this is enough.
Of course, if you think that Microsoft's positive news is unstable, then the interest rate cut on the 19th of this month and the inauguration of Trump and Musk next month will completely ignite the market and benefit Bitcoin and Doge. So don't worry, a new round of market is coming soon. Let's see Bitcoin at 150,000 in two months, okay!
