After playing with memes for a long time, you understand that 99% of meme coins only rise for a bit and then have no follow-up, and there's a high probability they will go to zero.
If you want to make money, the key is to lock in profits in a timely manner, at least get back your principal, and don’t always think about holding long-term.
I made this mistake before, buying this and that, and in the end, the coins I bought all went to zero. When SOL rises to 1000, looking at a bunch of useless coins in my wallet, I can only feel anxious.

In the future, I will focus on holding three types of potential meme coins: Musk narratives, Trump narratives, and DeSci track-related ones. For the others, if I make a profit, I'll quickly sell them, never holding onto them again. Those who keep holding onto these types of coins are very unwise.

It's important to know that most meme coins issued by celebrities, they won’t take responsibility for them at all. The blockchain world is very harsh, don’t blindly trust “coins issued by big shots,” otherwise, you’ll end up suffering.

#NOT市场动态 #ETH市场新动向 #ADA突破1美元 #BTC创历史最大月度涨幅

Currently, it cannot really be considered a "copycat season"; it is more appropriate to call it a "copycat rebound".

This round of true copycat season is likely to be divided into two waves:
The first wave was from the Spring Festival to late March, and this wave has already ended;

The second wave is expected to occur between next summer vacation and National Day.

So the current situation is still unclear, and any altcoin has the potential to become a dark horse.
However, if a project can break into the top ten by market value, it must have the capacity to attract large investments.

Such projects are usually concentrated in the following two tracks:
Meme coins: These are hot projects that funds are eager to chase, like PEPE, which is an example of a project with strong explosive potential, and it may still have the potential to increase by another ten times.

Public chains: Public chains are supported by technology and have the potential for ecological development, such as SUI, which is also seen as a project likely to become a dark horse and take over the flag in the new market cycle.

What do you all think?

#比特币关键区间 #PCE与美联储纪要公布在即 #SUI、IMX、ADA大额解锁 #ETH市场新动向

Squirrel PNUT is currently rallying, can it return to $2.5?

PNUT started rebounding from the price of $1.14 and surged by 18.9% in just two hours.

Can it surge to $2.5 like it did on the 13th and 14th of this month?

From the current situation, PNUT still has topics and popularity, and everyone is hoping it can rebound after hitting the bottom.
However, it has been declining for a while, and it seems like there is no bottom in sight, so there are likely many people stuck in it right now.

Personally, I think it's better not to blindly chase the highs at this moment.
Unlike the surge to $2.5 on the 13th and 14th of this month, when Musk was backing it and instantly raised the heat and hype.

But looking at it now, there doesn't seem to be any related news, and it is quietly rallying.

It can be observed for a bit longer; if it can hover around $1.35 and no longer drop, then it can be followed up, indicating that it still has room for further increases ...

#NOT市场动态 #比特币关键区间 #SUI、IMX、ADA大额解锁 #ETH市场新动向 #PCE与美联储纪要公布在即

No matter how much the current market drops, firmly believe that Meme is the main line right now
And in the upcoming bull market and even bear market, it will be at the core until the next bear market gives birth to a new main line.

Veteran investors who have experienced the DeFi boom should not easily waver in their beliefs.
In the last bull market, main line projects also experienced a month or two of continuous decline, but in the end, the main line projects had the strongest rise.
This is the rule of the crypto world: the more active a field is on-chain, the more native demand there is in the crypto world, and that will be the main line.

Just like in 2023, Ordi dropped for half a year, and the bull market was nowhere to be seen, but I still did not waver in my thoughts. Moreover, this small pullback and brief time, looking back, is just a small interlude before a significant surge.

As for those who leveraged contracts and ended up suffering heavy losses, I have already reminded them multiple times; if they don't listen, there's nothing I can do 😅.

#比特币关键区间 #GameFi板块信号 #SUI、IMX、ADA大额解锁 #ETH市场新动向

DOGE

Recently, the price of DOGE has seen a significant increase, however, in the past 24 hours, the market has experienced an "emergency brake", causing everyone's enthusiasm to drop.

Is Dogecoin likely to hit an all-time high?
Last week, the price of DOGE surged by more than 20%, but this good momentum did not last long, as it corrected by 5% yesterday, and the upward trend has also slowed down.
Currently, the price of Dogecoin is $0.422, ranking seventh among cryptocurrencies.

Looking at Dogecoin's trading volume, it has dropped by 15%. To some extent, this is a good phenomenon, because when the price drops, the trading volume tends to decrease, often indicating a potential rebound in the future.

However, at the moment, investors' confidence in Dogecoin seems to have shaken, and bearish sentiment is gradually rising.

Additionally, there are some indicators worth noting. Open interest has decreased along with the price, which usually indicates that the market trend is about to reverse. However, the funding rate has increased, suggesting that those participating in derivative trading are buying Dogecoin at a lower cost.
Looking at Dogecoin's daily chart, it can be observed that it is in an upward channel and is attempting to break through resistance. If it can successfully break through, it will not be far from its historical high.
But even if Dogecoin breaks the historical record, it cannot be assumed that it will continue to rise. If the price experiences a significant drop afterwards, it is very likely to see it fall back to $0.367.

Moreover, Dogecoin's attempt to reach a new high may not be so smooth.
Currently, the fear and greed index has reached an "extreme greed" level, and based on past experiences, this often indicates that the market needs to undergo some adjustment.

#PCE与美联储纪要公布在即 #SUI、IMX、ADA大额解锁 #ETH市场新动向 #ADA突破1美元

After Bitcoin breaks through the 100,000 mark, driven by market recovery, the popular narratives that could explode at any time are:
Modular, inscriptions and runes, Ethereum Layer2, Restaking, Bitcoin Layer2, intent centric, chain abstraction, AI +, zkVM, PayFi.

If you were to rank these popular narratives, which one do you think will recover first?
#SUI、IMX、ADA大额解锁 #ETH市场新动向 #ADA突破1美元 #谁将成美SEC新主席？

It is suggested that everyone can appropriately layout some quality assets in the Bitcoin ecosystem, such as ORDI, SATS, STX, DOG, etc.

A few months ago, many people were quite pessimistic about whether there would be an altcoin season.

At that time, Bitcoin's market share was continuously rising, while the altcoin market was shaky, and everyone felt that there would be no altcoin season, only a Bitcoin bull market.

In fact, the essence of altcoin season is the overflow and rotation of funds. The amount of funds that can drive Bitcoin up by 1% could potentially make Ethereum rise by 5%, and if used to pump a certain meme coin, it could even increase its price by a hundred times.

When Bitcoin is in a phase of consolidation, from a human perspective, altcoin season will definitely appear, and funds will inevitably speculate on altcoins, creating hotspots in the market, building wealth myths, and attracting those who want to take a gamble to participate.

The current hottest "casino" in the market is undoubtedly Solana (sol), where the price fluctuations of meme coins are particularly rapid, rising from hundreds of thousands (the unit may be in satoshis or other small units) to over a million, sometimes in just one day or even within a few hours, which is indeed exciting and has spawned numerous wealth myths, with stories of people making hundreds of thousands or even millions in a day, making one feel as if they could also succeed next time.

However, the rise and fall of meme coins heavily depend on luck, and one must compete with others (pvp). If you are like me and do not want to compete with others or spend time researching various strange angles, it might be better to focus on the Bitcoin ecosystem.

The hotspots will eventually rotate back to the Bitcoin ecosystem at some point, and I won’t elaborate on that further.
Currently, it seems that the Bitcoin ecosystem is filled with "corpses," with the leading ORDI's market capitalization only at 800 million USD, and the overall market cap of the entire Bitcoin ecosystem may only be around 10 billion USD.
In Solana, one or two meme coins with a market cap of 100 million USD could emerge in a day. From a cost-performance perspective, coming to the Bitcoin ecosystem to "pick up bargains" has a pretty high cost-performance ratio.

#ETH市场新动向 #美国众议院通过比特币法案 #ADA突破1美元 #谁将成美SEC新主席？

Three Main Types of Meme

1. Memes on Exchanges
This type is more suitable for investors with large capital or those planning to make significant investments.
For example, PNUT, which has received support from Musk, ranks second only to DOGE in the Meme space. I won't elaborate on how popular these two have become. 😀 This type has unique advantages that are hard for other Memes to match.
Another example is ACT, which is one of the top choices for holding large amounts of capital.

2. High-Quality On-Chain Memes
You can carefully select high-quality Meme projects on-chain, which also have significant potential for price increases.
If you're lucky enough to be listed on large platforms like Binance, the price could skyrocket like a rocket.
However, it’s important to note that once these Memes start to drop, the decline can also be very steep, so when trading, you must keep your position within a manageable range.

3. New Memes
For this category, you need to keep a close eye on market trends and be able to spot opportunities in real-time to buy, allowing you to better grasp their investment value.

#比特币突破10万？ #ETH市场新动向 #SOL创历史新高 #MEME趋势风向

Now, Bitcoin is just a little bit away from the price of 100,000.
Looking back at the second half of 2022, Ethereum had a particularly strong performance before transitioning to POS.

At that time, people jokingly said they wanted to 'kick' Bitcoin out of the crypto circle.

Why was there such joking?

It's because during the rebound phase, Bitcoin's performance was the weakest, even worse than those altcoins with little value.

This is similar to those who believe that altcoins will never rise again, only focusing on the current situation and lacking long-term vision 😀😀

#比特币突破10万？ #MEME趋势风向 #非BTC板块市场走势 #XRP与SEC新局面

SOL has reached a new high,
today everyone should pay attention to the key level of 256.8.
If it retraces on the 1-hour chart but does not break below the 256.8 level, then it may continue to rise, and one can pay attention to the previous high at 264.39.

However, if SOL breaks below the 256.8 level today, it will start to correct on the 1-hour chart, and at that time, the support levels below should be noted, which are 253.2, 248.65, and 244.

#SOL创历史新高 #XRP与SEC新局面 #非BTC板块市场走势 #聚焦比特币

In terms of BTC's 4-hour trend, it is currently showing a very strong bullish trend. There are no major differences in the market, and there is no obvious pullback.

This mild rise often contains greater "power" and is the easiest to make people miss opportunities inadvertently.

From the 4H level, if there is a subsequent pullback, when the price falls back to the 945 range, you can consider covering your position and seize the opportunity.

Next, in terms of the bullish trend, its potential target price is about 11,300 and 12,900.

#非BTC板块市场走势 #聚焦比特币 #MEME趋势风向 #比特币突破10万？

ADA has seen a massive surge of 12.49% and is within striking distance of its 24-hour high of 0.9000.
This comes on the heels of a strong rebound from the 0.7700 level, which suggests that the bullish run is likely to continue as buyers dominate the market.
If ADA manages to break above the 0.9000 level, it could target 0.9500 or even higher in the short term.

However, if it fails to hold above 0.8800, it could very well trigger a short consolidation phase.

#XRP与SEC新局面 #现任美SEC主席将于1月离职 #孙宇晨购得喜剧演员 #MEME趋势风向

Altcoin Hotspots
CATI: Worth keeping an eye on due to new product launches and buyback plans in the coming year.

CAKE: After PancakeSwap released the "Swap Bot", the market is in a breakout phase, current price is 1.994, worth watching.

FTM: Sonic Labs announced it will officially launch in December 2024, current price is 0.71, look for the right timing to enter.

OP: Has broken through the neckline, if it retraces to the 1.8 - 1.95 range, consider entering.

APE: The 4-hour chart is attempting a breakout, those who entered yesterday can continue to hold and wait for the breakout.

FIL: Price has slightly increased, continue to hold, with resistance around 5.0.

That's all #非BTC板块市场走势 #聚焦比特币 #MEME趋势风向 #BTC何时突破10万？ #XRP与SEC新局面

This week's Bitcoin ETF continues to spark market frenzy,
now it's just a step away from the 100,000 mark, really impressive.
Even Ethereum, which had previously shown a weak trend, saw a significant rise today.
I truly hope Ethereum can maintain this upward momentum, so that altcoins have a chance to take off as well, and everyone can make some profits.
However, the market cannot keep rising indefinitely, so everyone mustn't be too impulsive or follow trends blindly.
Whether to go long or short should be considered carefully; if you entered at a very low price, then there is something to look forward to;
if you're only considering entering now, it's advisable to operate cautiously;
if you want to short, it's best to exercise restraint for the time being,
because currently, from a trend perspective, there are no clear bearish signals appearing.
#非BTC板块市场走势 #聚焦比特币 #MEME趋势风向 #BTC何时突破10万？

Why can't Ethereum rise??
Firstly, Grayscale has been continuously selling pressure, and other institutions can't absorb it.

Bitcoin also faced selling pressure from Grayscale when it just passed the ETF, but it quickly adjusted. However, Ethereum continues to be affected by this, and many people hope that it can rise once Grayscale finishes selling, but that has not happened yet.

Secondly, the fund managers of ETF issuers have no motivation to promote Ethereum ETFs.
Grayscale holders keep selling, and other issuers' clients do not have enough purchasing power.

Bitcoin has “super promoters” like Trump and Musk, as well as “super investors” like MicroStrategy, and it is said that Microsoft is about to join, so the external driving force is very strong.

For ETF issuers, promoting Bitcoin ETFs only requires “raising deposits”, as the market education work has been done well by the big players.

Ethereum is different; it has neither super promoters nor super investors.

Introducing Bitcoin ETFs to American moms is quite simple; Musk and Trump have laid a good foundation.

But introducing Ethereum ETFs is much more troublesome; one has to explain a bunch of technical terms, and the listeners might have already lost patience and left.

It's like in a village where most relatives and friends know Bitcoin, but very few understand Ethereum. If people are not familiar with an asset, they naturally won't easily buy it.

Think from the other side: if you were the CEO of an ETF issuer and faced a lot of hot money in the market, would you choose to continue promoting Bitcoin or spend time educating the market to promote Ethereum? So this is also one of the reasons why Bitcoin performs better than Ethereum.

#BTC再创新高97k #非BTC板块市场走势 #MEME趋势风向 #BTC何时突破10万？

👀👀Let me tell you about the novice's idea:

"The price of Bitcoin (BTC) is too high, but that's okay, the price of altcoins is much cheaper! So I'll buy some altcoins first, and when they multiply a few times, I'll use the profits to buy Bitcoin. Isn't that a perfect operation process?"
At first glance, it seems quite reasonable, after all, altcoins are low-priced and seem to have great potential. Start with altcoins, and then use the profits to invest in Bitcoin, achieving financial freedom smoothly.

However, the reality is quite different:

First, I bought a newly released coin ACT, and unfortunately, I got caught at a high price; then I bought an old coin RIO, but this coin has been stagnant, showing no signs of life, it's like being half-dead, and there’s no sign of an increase;
Later, when I saw the popular coins SUI and OM, I really wanted to jump in, but I was afraid it was at a high point, hesitating back and forth, never daring to take action... By the end, the balance in my account was pitifully low, which made me feel particularly uncomfortable, and I could only silently mutter to myself: "There has to be a time to turn things around, right?"

And that's not all, then I thought about finding a so-called "teacher" to help, hoping to change my fate. Initially, I had 80,000 in funds, but under the "teacher's" guidance, I stubbornly held on to positions, and the funds dropped to 97,000.
Even so, I was still unwilling to give up, and I simply bit the bullet to enter the primary market, thinking I would gamble one more time, as if every loss was just a reopening of a life cycle, spinning around in losses.

#BTC再创新高97k #聚焦比特币 #非BTC板块市场走势 #MEME趋势风向

Squirrel👇

The key support level for PNUT is in the 1.45 area. If you wanted to enter earlier, you could have chosen to buy in batches in this area.

However, although it experienced two consecutive rebounds afterward, it ultimately could not hold and broke below this support area.

Now that this area has been breached, and there has been a situation where support and resistance levels are switching, I suggest not entering the market for the time being.

It’s better to wait until it shows a reversal structure before considering whether to enter the market.

#BTC再创新高97k #非BTC板块市场走势 #聚焦比特币 #BTC何时突破10万？