Let's imagine boldly that if the leader of a country decides to rule for life, will his successor choose a similar path? If so, will we never see a change of party or even leadership? In this case, the mistakes, inherent ideas and historical baggage of the current leaders will never be corrected, broken through, and necessary self-corrections or policy adjustments will not be made.
More seriously, because the leader has lifelong power, senior officials, civil servants, and even officials in the entire government system may become "assembly line" roles that can be replaced at any time, with unstable work, rapid changes in the situation, and even facing a situation of "surviving today, not knowing tomorrow".
Is this really the case? From a certain perspective, there are indeed risks - if a country's political system lacks replacement and vitality for a long time, it may lead to policy rigidity, lack of innovation, and even fall into the entrenchment of power. And if the implementation of this path cannot introduce appropriate supervision and improvement mechanisms, it may lead to the accumulation of social contradictions, economic weakness and other problems.
As for China's future economic situation, whether it will continue to grow or face some form of reconstruction or even decline is a complex and unpredictable issue. For now, although the economy is under pressure, there is no lack of continuous innovation and strong driving force support. In the next 20 years, the game between the United States and China is also full of variables. It is not only a contest of economic strength, but also a profound evolution of the international pattern and global politics.
However, there are indeed many uncertainties and concerns about the personnel arrangements and ruling lines of leaders. If the top leaders cannot effectively balance the historical legacy issues with the current social needs, they may face greater challenges. As voters of the country, we may need a clearer perspective to examine the potential risks and opportunities brought about by future development.
#超级MEME周期? #BTC冲破9万 I am a detective, a fresh blogger who is optimistic about the future of the currency circle, and is motivated to bring fans ashore. If you are interested, you can follow me, Mr. Gong: Qiqi talks about currency, and tries to get into the circle! ! ! I need fans, you need reference
BTC: According to the latest daily chart, Bitcoin hit a new record high of $93,265.64 last night. However, it should be noted that the long spindle line was closed at a higher price for two consecutive days, indicating that there is a large selling pressure near $90,000, and it may face certain shock pressure in the short term. However, the current price is still above the 5-day moving average, which provides support for the upward trend.
In terms of technical indicators, RSI has reached 87.22, which is in the overbought range. The market sentiment tends to be greedy, but it has not yet reached the critical point of reversal. CCI and KDJ are also at high levels, showing that the upward momentum is still strong.
Overall, although there may be some pressure at high levels, the overall trend is still upward. In the short term, it is expected to continue to rise with the support of the 5-day moving average and may hit a new high. However, it is necessary to pay close attention to the possible callback signals in the market, especially in the overbought state, the risk of callback may appear at any time.
ETH: Following the trend of Bitcoin, the pressure level reference is around $3,927 and $4,870.
In the past, the price of Bitcoin rose too fast, and the dealers did not dare to pull the price easily, because the price would easily fall back if there was a slight adjustment in the market. But now, the dealers have found that instead of taking the risk of pulling the price to set the pace for retail investors to take over, it is better to directly invest the money in the hot MEME coin market.
After all, these MEME coins have excellent liquidity, and they can be easily withdrawn after a rapid increase, and the money earned may even be more than the traditional pull. Now even market makers like Wintermute have become the largest market makers in the MEME coin market.
So, the question is: If you are a dealer with 5 million cash in hand, when the altcoin market is sluggish and most of the funds are concentrated in MEME coins, you will choose: 1. Invest this money in altcoins?
2. Or directly invest in MEME coins such as PEPE and Doge?
Is BTC a false breakout? How to seize the surge in PNUT, ACT, and PEPE, pay attention to these indicators!
October 14, 2024, 10:04 am, Eastern Time 8. Although Bitcoin's recent trend has attempted to break through, this breakthrough may be just a false breakthrough, and the market's long-short confrontation is still fierce. So, how will Bitcoin's trend develop next? The current market environment seems to be out of the traditional technical analysis mode. The flow of funds has become dominant, and investors' emotions have become more unstable. As we can see, market funds are sometimes tight and sometimes abundant, which has led to increased investor anxiety. So, in this uncertain market environment, how to find potential opportunities?
Don't be discouraged. Remember an important rule: the market is moving at a similar pace to last year. Last year was a small bull market, and this year is a big bull market. Past trends and patterns were mostly led by meme coins, and the current market is exactly the same as last year.
It is expected that after December, the market will usher in a wave of altcoins rising and enter the so-called "altcoin season". By then, Binance's new coins and those that have been in a downturn may usher in an explosion. Therefore, it would be a good strategy to pay attention to the performance of these coins.
In addition, VC coins may also usher in their spring, especially as market sentiment further warms up, investors' attention is expected to gradually increase.
The market is completely crazy. Everyone is embracing meme coins. The top four gainers are almost all meme coins, including PNUT, ACT, PEPE, People and Wif. Among them, PNUT, ACT and PEPE performed the best. The current bull market is actually a bull market for Bitcoin and meme coins. Traditional value coins and VC coins are no longer eye-catching and are even regarded as garbage. ETH and Ethereum-related coins are more likely to follow the rise but not the fall. Hot money has flowed into meme coins on the Solana chain. This wave is really a golden shovel. Almost all the gainers' lists are occupied by coins in the Solana ecosystem. To summarize some key points in the morning: 1. Bitcoin may usher in a correction: According to the analysis of crypto data provider Glassnode, Bitcoin may soon face a major correction. If you have a profitable position, you can consider reducing your holdings by one-third and taking it back at the bottom to do a good job of risk control. After all, making money is not achieved overnight.
2. Bitcoin ETF capital inflow: The US spot Bitcoin ETF has a net inflow of a total of US$514.43 million for 6 consecutive days, and funds continue to enter the market.
3. Extremely greedy in the fear and greed index: The fear and greed index of the cryptocurrency market has risen to 88, and the market sentiment is extremely greedy. This is both a risk and an opportunity. It is recommended to reduce positions and do a good job of risk control.
4. Tether issuance: Tether has issued $5 billion in USDT in the past 5 days. As a reservoir of US dollars, it means that the market liquidity is sufficient and the dealer can pull the market at any time.
5. Rotation of altcoins: Every time Bitcoin pulls back or fluctuates, other altcoin sectors will rotate and soar. Currently, many altcoins have the opportunity to rise in rotation, and you can seize the 15-minute start opportunity.
6. The potential of the AI sector: Nvidia's financial report will be released next week, and the AI sector is expected to start. FET, WLD, ARKM, RNDR and other currencies can be ambushed in advance.
7. BTC search popularity soared: According to Google search popularity, Bitcoin ranks first, a large amount of new funds have entered the market, and the bull market is still continuing. Don't short, and remain cautiously optimistic.
The logic of this round of market may be understood as Bitcoin first attracted external attention by breaking through the valuation ceiling, driving new investors to enter the market. Subsequently, MEME coins attracted these new funds and created a get-rich-quick effect, which actually served as a low-threshold opportunity to get on board, providing a quick entry channel for new funds, thereby starting the flywheel effect of the market.
At the same time, traditional middle-layer projects such as Ethereum and other altcoins have been temporarily excluded from this emerging industrial chain.
At present, under the strong market structure of Bitcoin (BTC) and on-chain meme coins, many altcoins (alts) seem to be in a downturn, and even Solana (SOL) and Ethereum (ETH) seem unstable, but there are still many directions worth thinking about. Bitcoin has broken through $90,000. How much does the altcoin season need to start?
Is it 110k, 150k, or 170k? If the altcoin season really comes, then maybe it means that Bitcoin has not reached its peak and may continue to rise? But even if Bitcoin reaches an ideal position, will the altcoin season definitely come as scheduled? If the altcoin season really comes, will the altcoin become a "doomsday chariot"? (It will not necessarily make up for the rise).
However, these questions are all thoughts on future market trends. In general, the best strategy in a bull market is to "stay strong", focusing on projects that have proven their strength.
Overview of important overnight dynamics on November 14 1. Bitcoin breaks through $93,000, setting a new high The price of Bitcoin once again broke through $93,000, setting a new record.
2. Tether issued $1 billion in USDT on the Ethereum network Tether has added $1 billion in USDT on the Ethereum blockchain, further increasing market liquidity.
3. Musk will attend Trump's House Republican meeting Elon Musk plans to attend the House Republican meeting hosted by former President Trump, further attracting media attention.
4. US CPI rose 2.6% year-on-year in October, in line with expectations The US Consumer Price Index (CPI) rose 2.6% year-on-year in October, in line with market expectations, indicating that inflationary pressures remained at a stable level.
5. FBI seized Polymarket CEO's mobile phone and electronic devices The US Federal Bureau of Investigation (FBI) investigated Polymarket and seized its CEO's mobile phone and other electronic devices.
6. Bitcoin's market value surpasses Saudi Aramco and ranks seventh in global assets The total market value of Bitcoin has surpassed Saudi Aramco and ranked seventh in the global asset market value, showing the rise of the cryptocurrency market.
7. US Senator John Thune was elected Senate Majority Leader and supports encryption legislation US Senator John Thune was elected Senate Majority Leader and said he would support cryptocurrency legislation and promote the standardized development of the industry.
8. 0G Labs completed $40 million in seed round financing and received $250 million in token purchase commitments 0G Labs announced the completion of a $40 million seed round of financing and received a $250 million token purchase commitment, showing investors' strong interest in the project.
Do you know who helped DOGE reach 100 billion? What did he do? Do you know who helped shib rise to 65 billion? What did he do? Do you know how many days it took for DOGE to rise from 5 billion to 100 billion? Do you know how many days it took for shib to rise from 1 billion to 60 billion?
1. Reasons why Dogecoin rose to a market value of 100 billion: Dogecoin's surge from a low market value to 100 billion was mainly driven by **Elon Musk**. Musk's continuous promotion and support for Dogecoin through social media (especially Twitter) attracted the attention of a large number of investors. In particular, when he publicly called himself the "Father of Dogecoin", promoted "Dogecoin" to mainstream culture, and supported its proposal to be used as a payment tool, a large amount of follow-up funds were attracted. In addition, Dogecoin is a "meme coin" with a wide influence and followers in social media and community culture, forming a strong community effect.
Last night, the Yitai Foundation sold 100 Ethereum (100e), triggering a sharp correction in the market. Although this event itself has nothing to do with the market trend, it still makes people feel a little depressed. However, when I woke up this morning, Bitcoin (BTC) rebounded a bit, while the prices of Yitai, BNB, and SOL still fell by 5% compared to yesterday. The situation of altcoins is even worse, and the overall funding rate has also been reduced by half, and the number of longs in the market has increased significantly.
In this environment, the ETH/BTC exchange rate fell to around 0.036 under the influence of Bitcoin. It is unknown when it will reverse. L2 (Layer 2) projects are very popular now, and many new chains are emerging. Because of the low construction cost, the phenomenon of money-making is also more obvious. Lisk is in this situation. Recently, Unichain, Uni's L2 project, released news, which led to a wave of increases, but now the price has fallen by 20% compared to the time of release. I hope no one is trapped at a high price because of the news.
These price ranges are worth entering boldly, as the chances of a bull run in the next six months are slim and the market may continue to punish timid investors.
In the past 12 hours, the following important events occurred in the cryptocurrency market: News Overview: - $DOGE: Trump announced in a statement that Elon Musk and Vivek Ramaswamy will lead the U.S. Government Department of Efficiency (DO .GE). This news boosted the attention of DOGE.
- USDT: In the past 12 hours, the net inflow of USDT exceeded 1.3 billion US dollars, setting a record high, showing the strong demand for stablecoins in the market.
- $ETH: At the DevCon conference, Justin Drake proposed a reform initiative called "Beam Chain". The project's roadmap plans to start research and development in 2025 and test it between 2028 and 2029.
- $GOAT: Goatseus Maximus ($GOAT) became the first PumpDotFun MEME coin with a market value of over $1 billion, attracting widespread attention.
- $TRX: Tron ($TRX) broke through its historical high and reached its highest market value level since 2021, marking its recovery in the market.
- $MOCA: Animoca Brands announced an additional $10 million for its Mocaverse project, with investors including OKX Ventures and Hongshan (formerly Sequoia China).
- $JOE: LFJ (formerly Trader Joe) launched its new Token Mill platform, which is LFJ's version of PumpDotFun, attracting new investors and users.
- $STRK: Starknet announced that it will launch the first phase of $STRK staking on November 26, and the progress of the project has attracted community attention.
- $APT: Bitwise announced plans to list the Bitwise Aptos Stake ETP (APTB) on the Swiss Exchange on November 19, bringing new liquidity to the Aptos ecosystem.
- $HBAR: Canary Capital has filed an S-1 filing for the Hedera Spot ETF with the U.S. Securities and Exchange Commission, marking further development of the Hedera ecosystem.
These important events show the dynamic changes in the cryptocurrency market, attracting investors' attention, while also driving the rise of certain coins and projects.
Yesterday, the market experienced a pullback. Although Bitcoin performed relatively strongly, altcoins fell back significantly. Currently, in the market, $BTC and $DOGE are still the main characters, while other meme coins are yet to be observed to see who can maintain strength. In the pullback last night, meme coins like $pnut, $neiro, $act, $pepe, and $bonk performed relatively well, with some coins hitting all-time highs and others showing a V-shaped rebound. A pullback is the best time to enter the market. One of the rules of a bull market is that pullbacks are always the best buying opportunities. Remember, do not blindly leverage or open contracts; first, ensure the safety of your principal, and making money will naturally follow.
Particularly worth noting is $pnut, which is likely to become a hot meme in the market soon. Musk's remarks have given Peanut Coin ($pnut) greater recognition. He mentioned, "Squirrels and memes saved America," which undoubtedly opens up greater upward potential for $pnut. Based on this logic, the market cap ceiling for Peanut Coin has been redefined, and an FDV (Fully Diluted Valuation) of over 1 billion is not excessive.
1) Market Trends: Bitcoin is fluctuating at a high level, while altcoins are generally declining. Contract rates once approached historical extremes, and significant adjustments are expected in the next 1-2 weeks. The US stock market has seen a pullback, and Trump's policy trading is gradually receding. The US dollar index has risen to a six-month high, and Trump announced a 20% tariff increase on all imported goods.
2) Market Hotspots: - Dog-themed meme coins: Such as DOGE, BONK, FLOKI, NEIRO, WIF, etc., are performing strongly. Musk has been appointed as the head of the government efficiency department (do,g,e), and DOGE's market cap once soared to $60 billion, significantly rising within a month, surpassing a market cap of $300 million. Funds are flowing out of the leading currency DOGE and rotating into lower-ranked coins, similar to the previous rise of PEPE, which later rotated into PEPE2, BABYPEPE, PEPECOIN, etc. - SBR surges: SBR is an abbreviation for Bitcoin Strategic Reserve movement, gaining market attention and rapidly increasing. - Old coins rebound: Established coins like XRP, XLM, TRX, etc., are experiencing a rebound, which may be a sign of overheated market sentiment.
1. This adjustment is relatively stable sideways consolidation, with Bitcoin pulling back about 10% from the top (around $81,000). Personally, I believe a pullback of about 6% (approximately $84,500) would be about right.
2. During this round of adjustment, or after the adjustment is completed, it is highly likely that there will be a phenomenon of sector rotation.
3. The previous MEME trading logic has been influenced by external market factors and differs from on-chain performance, and there may be stronger continuity in the future.
4. It is worth paying attention to the market performance of ESB, and also to keep an eye on the trends of low market cap altcoins.
The past 8 months have been quite eventful, looking back:
In March, I went to the Rolls-Royce dealership to look at cars, thinking about changing my vehicle; In April, I ran to the Maybach dealership to take a look, feeling that car had quite a vibe; In May, I checked out the Panamera, still considering if this one was more suitable; In June, I turned to Mercedes to see if I should consider a more economical option; In July, I suddenly thought the cars I had seen before were quite nice, and I started to hesitate; In August, I began to wonder what price I could sell my current car for; In September, I talked with my girlfriend, suggesting she withdraw her savings to try investing in some Bitcoin, thinking there might be an opportunity; In October, I told myself that the bull market was coming soon, and I must not waver, I have to hold on; Now it's November, and Bitcoin has risen to 90,000, these past few months have really been quite a hassle!
Now I think, I might either change my car or wait a few more months, are you interested in going car shopping together?
Today's market performance can be viewed from the following aspects: 1. The Rise of the Old Ecosystem Led by DOGE: Today's market trend has undoubtedly been driven by DOGE, the leading old meme coin, with the popularity of traditional meme coins like SHIB, BONK, PEPE continuing to rise alongside DOGE's increase. The market response has been strong, and trading volume has surpassed many mid-tier ecosystem projects.
2. Emerging Ecosystems Make Their Mark: In addition to traditional meme coins, the performance of some secondary and new ecosystem coins has also been noteworthy, with astonishing growth and continuous increases in trading volume, even surpassing some mid-tier ecosystem coins, demonstrating the market's strong interest in emerging coins.
3. Competition Between AI and Meme Ecosystems: Although AI-related tokens and ecosystems have shown some performance, considering that projects like Luce have also achieved significant success, the potential of these meme coins cannot be ignored. Market hotspots still revolve around SOL and meme coins, while AI-related coins launching today may also be influenced by external factors such as Nvidia’s earnings report.
4. Embracing and Responding to Market Trends: Current market development trends indicate that meme coins remain mainstream, while the AI concept, despite its performance, has not triggered greater increases like meme coins. In this situation, if investors want to keep up with market trends, they should actively embrace the trend of meme coins instead of getting overly caught up in market capitalization. Based on the current market situation, the total market capitalization of meme coins has reached 123 billion, which, while appearing lower than DOGE's market cap, is actually not expensive.
5. Strategy and Mindset: If you have not yet entered the meme coin market, there is no need to be overly anxious, as more opportunities will arise in the future. If you missed out on making money this round, it may be time to adjust your mindset, relax, embrace life, and wait for the next opportunity to come. Overall, the current market is full of opportunities, especially led by meme coins, with a clear and strong trend. For investors, it is important to grasp the major trend and flexibly adjust strategies according to market developments.
#加密货币总市值破3万亿美元 I am a detective, a fresh blogger optimistic about the future of the crypto space, determined to help my followers succeed, you can follow me, General Gong: Qiqi Talks Coins, let's get into the circle together!!!