Persist in construction and learning every day

1. Cz published an investment in the crypto travel platform travalacom, its token $AVA has surged dramatically, now ranking first in Binance's largest gainers.

2. $BANANA is currently in a consolidation phase, feeling like something big is about to happen. Is there anyone like me who is making money and increasing their position in $BANANA every day? Welcome to discuss together! Building bananas every day.

3. Yesterday, $monkey was a typical meme coin VC play, let's not spoil the current meme atmosphere, is the ultimate fate of meme also VC?

4. Nexus data has been stuck and not moving, is it that my computer configuration can't keep up with everyone? Any big shots have pointers?

5. I see more and more KOLs posting about Rolldex's activities, is this gearing up? Everyone who has interacted before remember to pay attention, and those who haven't should also start to pay attention.

Summary: The recent focus must be on the BNB ecosystem and BTC ecosystem.

Recently, the imitation coins have followed the market down, and on-chain players are lamenting. Some even say the bull market is over. I want to say that regardless of whether there is a bull market or not, I will still be a holder of bananas.

1. $KOMA not only didn't drop after going live on Binance Futures yesterday, but it also continued to rise. Compared to previous projects like Cheems and WHY, KOMA's performance has been outstanding. It truly is community-driven, and I believe that $BANANA, which is also community-driven, will follow in KOMA's footsteps.

2. The $BANANA community has always been building. It has been first in the competitions on Bitget and Binance, and the Banana Measurement of All Things event had a huge number of participants. These past few days, we are participating in the voting for @kucoincom. All holders, let's work hard to build!

3. Many people came to complain about $MOVE yesterday, regarding the forced lock-up. Initially, those who didn’t claim must wait until the mainnet is launched to claim, but there should still be space after the mainnet goes live, right?

4. Binance, Coinbase, and the Korean exchange have now listed $ME . Yesterday, when it opened at 30U, I was happily thinking that my 40 units of $ME could get a luxurious airdrop, but when the time came to claim, it turned out to be another project where a big player ran first?

Summarizing a few things from the past two days

1. $BTC broke below 96000 yesterday, but it surged again today. Overall, it performed relatively stable; although it did not break through 100k, being stable is excellent.
2. The meme tokens on the BSC chain are performing excellently, and currently, the top on the chain is our giant banana $Banana! CZ also posted in support of the Four meme platform.
3. The metaverse sector has come back into focus again, still led by the previous leaders $SAND $MANA.
4. Pumpfun has surpassed Tether for the first time, becoming the protocol with the highest income in 24 hours.

GM, let's take a look at today's crypto news

1. $BTC remains stable around 98000, although it hasn't broken through 100k, it's still a good performance,期待突破100k
2. $BNB reached a 24-hour high of 692, another short-term new high, now it has pulled back to 659, but it's also worth a mention
3. $banana had a market cap of 24m yesterday afternoon, now it's 52m, the highest trading volume on the BSC chain in 24 hours, with an increase of 122% in 24 hours. Bananas do not disappoint anyone who works hard, the builders must be exhausted!! Let's continue building today!
4. Musk confirmed that Twitter is preparing to launch a remittance feature in its X Payments service, could $DOGE be included?
5. Meme god @elonmusk posted a WOULD meme, and the $WOULD token skyrocketed 700 times, when it comes to influence, it still has to be the old horse.

BSC's $banana Progress Update

1. Since the CTO re-established the DAO, the $banana community has raised $16,000 worth of $banana in just two days through donations, specifically for supporting community activities, promotional activities, partnerships, and more.

2. The community has launched a new promotional plan:
Post and comment on Binance, OKX, and Gate exchanges as required, and after passing the review, you will receive a reward of 2,000 $banana.
Participation has no threshold; for specific details, check the official TG group:
https://t.co/L69moBA7hq

GM, let's take a look at today's cryptocurrency news

1. $BTC has been just a step away from 100k these past few days, only 300 away from breaking 100k, but it hasn't been able to break through!
2. $BNB, $SOL, $TRX have all reached historical highs today, just a few days ago I added to my BNB position, holding long-term is definitely the right strategy
3. $banana is doing great, it has climbed up to 24M, and it has not let anyone down, keep building!
4. I saw news about DEXX yesterday, not sure if it's true: internal technical misconduct, police have already filed a case, and have arrested some suspects, a KOL with the last name Wang involved in promotion has been arrested
5. Is Twitter's payment system about to launch? $DOGE has already taken off!

After testing the testnet, it's time to promote on Twitter! A project suitable for blue V users is here! Earn 5 Quai tokens daily.

QuaiNetwork is an open-source proof-of-work blockchain network that has raised 15 million USD. Currently, it is in the golden age of the testnet, clearly stating that test tokens can be exchanged for future mainnet tokens, so let's start earning❗️

1️⃣ You can claim 5 test tokens every 24 hours, which amounts to 150 in a month.
🔗http://faucet.quai.network
2️⃣ Install the wallet plugin:
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3️⃣ Create a new wallet address, and you can start claiming tokens!

Xiao Cao #grass It's finally going to be listed. How many coins did you get? 50,000 points only 33😂

⏲️Receipt time: 2024-10-28, UTC+8 9:30 pm

💫Bybit listing: 2024-10-28, UTC+8 10:00 pm

💰Pre-market price: $1+

🔍Qualification check and collection: https://grassfoundation.io/eligibility

Token economics:
🔗https://grass-foundation.gitbook.io/grass-docs/introduction/grass

Today's position analysis: $IO

From the daily level, after breaking through the Fibonacci 0.236 position of 1.73, IO fell back to the Fibonacci 0.236 position after encountering strong resistance from 1.91-1.96, and is currently fluctuating around the 1.475-1.91 range. And in this oscillation range, we can see many K-lines with long upper shadows, which, combined with the trading volume, shows that the short-selling force is strong, and people are constantly doing rebound short strategies, waiting for IO to be able to conduct a second test. From the perspective of the RSI relative strength index, it is above the moving average and below the middle track, indicating that the short-selling force is dominant, but the long-selling force is also gradually increasing.

From the four-hour technical pattern, IOI formed a breakthrough pattern of a converging triangle, but it was also pulled back after being blocked by the strong resistance of 1.91-1.96, and it was blocked for the third time. At present, the K-line rebounded effectively after stepping back on the upper track of the converging triangle, but the rebound force was weak. If the subsequent trend does not effectively break through the supply range of 1.91-1.96, this breakthrough can be regarded as a false breakthrough. The price will have inertia and fall below the lower track of the converging triangle to test the previous low.

At present, the market is still dominated by short forces, and considering that the price has failed to break through the resistance range for three consecutive times, the bullish force has been exhausted. The profit and loss ratio of our short orders at this position is higher. If we see a breakthrough in the price later, we will make long orders based on the LPS signal after the price breakthrough or the retracement.
Short selling: 1.75-1.77
Take profit: 1.64, 1.56, 1.48
Stop loss: 1.8

#代币分析 #ionet #BecomeCreator

Today's Position Analysis $RENDER

From the daily level, RENDER pulled back to the Fibonacci 0.382 position of 4.9, and maintained a period of shock along the support line, and finally fell below the 0.382 position, and is testing the Fibonacci 0.236 support position of 4.3. And the volume and price behavior at the daily level does not meet the stage of panic selling, so it is still necessary to wait for the confirmation of the range. From the perspective of the RSI relative strength index, it is below the moving average and is not in a downward trend. Pay attention to whether it can break through the lower track and enter the oversold stage in the future.

From the four-hour level, it failed to break through the resistance range of 5.05-5.13 twice, forming a small-level M-top bearish pattern. It depends on whether the previous low of 4.3 will be tested or directly broken in the future. If it breaks directly, it is considered to be a break of the range, and consider entering a short position in the subsequent pullback. If the position near 4.3 can be stabilized, it is necessary to observe the appearance of the SOS signal in the future.

From the VPVR chip concentration area indicator, the chip concentration area below is around 3.7-3.9, and the chip volume is relatively large, so there should be strong support. The chip concentration area above is around 4.6, which will form a relatively strong pressure.
So we consider entering a short position at the position of the chip concentration area.
Short: 4.6-4.63
Take profit: 4.35, 4.3, 4.1
Stop loss: 4.7

Today's market analysis: $ETH

From the daily level, yesterday's rise and rebound broke through the Fibonacci 0.382 position of 2665, but did not stand firmly above 0.382, did not form a strong rebound, and directly fell below, which is still unfavorable to the bulls. We must see ETH break through the Fibonacci 0.5 position of 2835 and rebound to confirm the bullish trend. From the perspective of the RSI relative strength index, it is below the middle track and sticks to the moving average. There is no oversold or overbought, and there is no obvious trend.

From the perspective of the four-hour technical indicators, ETH formed a convergent triangle during the rebound process and achieved a breakthrough, so at present, the bullish trend is dominant. We need to see ETH rebound from the upper track of the convergent triangle. We can consider entering the market. If it directly falls below the kneeling during the callback process, it is considered that this period of market is a false breakthrough and will retest the previous low.

From the VPVR chip concentration area indicator, the chip concentration area below is relatively dense at 2050, 1800, and 1635. These three positions should have relatively strong support. Therefore, ETH's current rebound price range is a vacuum period for chips, and there may be relatively large fluctuations.
Based on the above analysis, we adopt a low-to-long strategy:
Long: 2550-2600
Stop profit: 2650, 2700, 2800
Stop loss: 2500

Today's Position Analysis $IO

From the daily level, IO maintained a unilateral downward trend as predicted. Affected by the market, it rebounded to 1.3, and then was pulled back twice by the supply pressure in the 1.91-1.96 range, resulting in the failure to recover the decline after August 3, and the failure to break through the long-short dividing line 2.09, so the follow-up situation is not optimistic. From the perspective of the RSI relative strength index, it has left the oversold stage and is currently rising slowly.

From the perspective of the four-hour demand range, due to the supply pressure in the 1.91-1.96 range twice, a potential small-level M-top bearish pattern was formed. Therefore, for subsequent market operations, we choose to chase the short when the M-top is completely formed, and enter the market after breaking through the key pressure level 2.09.
Short: At the four-hour level, the real body fell below 1.54, considering shorting (real body column)
Take profit: 1.5, 1.37
Stop loss: 1.58
Long: At the four-hour level, the price broke through near 2.09 and effectively fell back (real body column)
Take profit: 2.23, 2.6
Stop loss: 2.03

#代币分析

Today's Position Analysis $CKB

From the daily level, CKB has formed a large-scale descending wedge, and obtained daily support at 0.006880. As predicted before, most of the FVG (0.0055-0.0084) left in February has been filled. Currently, there is still 0.0055-0.0061 FVG that has not been filled. The later the market goes, the smaller the possibility of filling, so the probability of continuing to explore and fill this FVG is shrinking. From the perspective of the RSI relative strength index, it is currently showing a bottom rebound pattern, with shorts dominating, but the trend is about to intersect and surpass the moving average, and there is a possibility of a market reversal in the future.

From the four-hour level, it is currently fluctuating upward. Combined with the previous demand range, 0.0061-00.0084 will form a new oscillation range. We need to observe whether we can get out of the accumulation structure in this range. The current market can be temporarily defined as a natural rebound after panic selling, but because the bottom trading volume is not huge, it cannot be judged as the bottom of the accumulation structure. It is best to wait and see for this kind of clearing and wait for the signal of the second test on the right.

From the VPVR chip concentration area indicator, the most concentrated area below is around 0.0034-0.0046, which is also the starting point of the market at the beginning of this year. There is relatively no chip concentration area between the current price and 0.0046, so there is no fixed chip support below. Subsequent support needs to be determined by real-time trading volume.

Today's Position Analysis
$CKB
From the daily level, CKB has formed a small triple top bearish pattern, which means that the supply range of 0.0127-0.0137 has failed to be tested three times in a row at the macro level. The bullish momentum has been completely consumed, and finally it has entered a unilateral decline and broken through the previous demand range of 0.0098-0.0104. It is currently testing the demand range of 0.0084-0.0093. The subsequent market needs to observe the support rebound of the demand range of 0.0084-0.0093. If it can stabilize and support, there will be no possibility of waterfalls in the market. If it falls below this range, the market will fill the FVG (0.0055-0.0084) left in February, and the final support point will be around 0.0055. From the perspective of the RSI relative strength index, it has been constantly testing the bottom position, and the bearish trend is dominant.
From the VPVR chip concentration area indicator, the chips are also concentrated in the range of 0.0084-0.0093, but the chips are relatively few, so the support effect may not be very obvious. The most concentrated area of ​​chips below is around 0.0042, which is also the starting point of the market at the beginning of this year. Therefore, we need to see the support of the 0.0084 range. If it is supported, we can enter the market for a rebound. If it is not supported, we will wait for a break and then enter the trend short position.

Today's position analysis: $IO From the daily level, IO received strong supply pressure from 3.1-3.25, forming a downward trend of M top. It rebounded immediately after inserting the pin to the previous demand area of ​​2-2.1, but there was no rebound with volume or large volume at the daily level, so the short-term bearish trend still dominates. From the perspective of the RSI relative strength index, it has fallen below the previous low, which still shows that the bearish trend dominates. From the four-hour level, the rebound of IO from the pin to the demand area of ​​2-2.1 shows a shrinking volume, indicating that the rebound in this place is not like the entry or turnover of the long side, but more like a natural rebound after the shorts closed their positions, and the current four-hour level is still showing a downward trend. The overall trend of IO is a bearish rising wedge pattern, which breaks down and then pulls back to the trend line, and then starts to fall all the way. So it is not the best time to enter the position yet. We need to wait for a K-line with volume to confirm the bottom, or wait for the strong SOS signal to appear after the price fluctuates and consolidates in the range of 2-2.1. It should also be emphasized that IO is an M-top bearish pattern at the daily level. Generally, it will fall below the key support level of the previous low, so the subsequent market still tends to fall unilaterally.

Today's market analysis: $ETH From the monthly level, ETH closed a short K-line with a long lower shadow, indicating that there are a lot of demand support at this position, and the bulls have a little advantage. And the July monthly line stepped back to the Fibonacci 0.5 position of 2892, so the subsequent support rebound at this place is more critical. From the daily level, ETH maintains a large range of fluctuations, and under the pressure of the neckline of the previous fluctuation range, the rebound is blocked and continues to decline, but the amplitude of the fluctuation is getting smaller and smaller, which means that the possibility of a big trend is increasing. From the perspective of the RSI relative strength index, it also rebounded to the neckline of the previous range and fell, which is unfavorable to the bulls. From the perspective of the inflow of EHT ETF, there was a small amount of inflow the day before yesterday, and the rest of the time, the overall outflow was relatively large. Basically, Grayscale is buying, but Grayscale's selling pressure will continue to decrease, so the information given by the market needs to be continued in the future. From the four-hour level, ETH maintains a trend of oscillating decline and forms a relatively obvious downward trend line. It has failed to test the upper edge three times in a row. When the third test failed, the decline accelerated. It is necessary to continue to observe the test of the upper edge of the downward trend line. The current potential demand range is around 3140. It is necessary to observe whether it can stop the decline and rebound near 3140. If it falls directly, the downward trend will bring inertia and test the next demand range near 2890.
From the perspective of the VPVR chip distribution indicator, the chips below are also concentrated near 3140 and 2890, so there will be a relatively obvious support near these two prices. At present, ETH will only consider trend reversal if it breaks through the downward trend line, so the idea of ​​opening an order is to rebound into a short order.
Short order entry point: 3260-3300
Take profit point: 3200, 3140, 2890
Stop loss point: 3360

Today's market analysis:
$BTC
From the monthly level, BTC is likely to close a short real column and long lower shadow candlestick pattern this month. Under the trend of BTC consolidating at a high level, such a candlestick pattern is unfavorable to bulls, which means that there is still a lot of supply at high levels.
From the daily level, BTC is generally a callback in the process of oscillating upward. It quickly callback after touching 70,000, but the price trend is still in a bullish trend. Because from the overall pattern, BTC's callback continues to have a higher low, so there is a possibility that BTC will continue to consolidate for a period of time and then hit the previous high. If BTC's callback consolidation falls below the previous low, consider a trend reversal. From the perspective of the RSI relative strength index, BTC has fallen below the moving average and the previous low. At present, the strength of the shorts in the market is increasing. The shorts will actively short and continue to rebound and short at a small level.
From the four-hour level, there was a rapid callback at the 4h level to the left side of the 0.618~0.66 retracement area, and there was a rapid rebound after the downward liquidation of long liquidity, so this price range considers the possibility of price stopping the decline and rebounding.
From the VPVR chip concentration area indicator, there is basically no dense chip area below 65600, indicating that there is no particularly obvious support below. From the liquidation heat map, the short liquidity of 66400-67600 is much greater than the long liquidity of 65400-64400, so the probability of clearing a large wave of short liquidity upward is greater.
Current price point recommendation: 63600-64800 long, stop profit 67000, 67500

Today's position analysis:
$NOT
From the daily level, NOT formed a rising wedge-shaped convergent triangle, which is a very bearish pattern. In the end, it was in line with expectations and fell below the triangle. The trading volume during this period was significantly lower than the triangle consolidation stage. At present, a K-line with volume is needed to confirm the bottom, otherwise it will continue to fall unilaterally. From the perspective of the RSI relative strength index, it is below the moving average and there is no trend reversal. The bears are dominant. We need to continue to observe the trend. Only when the RSI moving average position is broken, the trend can be considered reversed.
From the four-hour level, three pin-point rebounds near 0.013 formed a good support. If it holds up in the future, it will start a wave of shock consolidation. However, the previous wave of pull-up market left a section of FVG of 0.0105-0.013. The subsequent trend tends to fill this section of FVG, but it may not be filled completely, so the point near 0.0105 below is the end point of the range hunting.
Judging from the VRVR chip concentration area indicator, the chips are relatively dense near 0.16. This position has formed a relatively obvious pressure point at present. It is still far from the current price, but if the subsequent market breaks through, there will be no resistance all the way to 0.016.

Today's position analysis: $IO From the daily level, IO broke through after stepping back on the VPVR chip concentration area, and the support effect was obvious, continuing the bullish trend. From the perspective of the RSI relative strength index, it also rebounded after a false breakout of the moving average, and is currently rising slowly. From the four-hour level, IO is constantly breaking through and stepping back in small areas, stepping back and rebounding, and the lows are constantly rising, and the bullish trend is obvious. And when stepping back on key support levels such as 1.98 and 2.5, it leaves a long lower shadow to close, indicating that there is sufficient counterattack behavior. At the current four-hour level, compared with the previous small interval, the trading volume is gradually decreasing, and the subsequent trend tends to fluctuate and consolidate, and then break through with large volume. The first pressure level is 3.2, and the second pressure level is 3.8. From the perspective of the VRVR chip concentration area indicator, the chips near 2.4 and 2.8 are relatively dense. These two positions form the current more obvious pressure levels. The position of 2.8 has also achieved a breakthrough and stepping back, and the support effect is further strengthened.