I believe this is the common voice of many investors in this round of bull market. Watching other coins soaring, while the ETH in your hands is standing still, it is really frustrating.
Recently, meme coins have soared like a rocket, and Bitcoin has also performed very strongly, but Ethereum seems to be weak. Especially its ecological tokens, such as L2's leading coins OP, ARB, STRK, pledge infrastructure LDO, and DeFi and NFT projects, are all lying at low levels. Funds would rather speculate on air coins than touch these tokens with actual value, which is really tiring.
There is no large-scale capital entering the market, and the existing funds cannot carry Bitcoin. Institutional tokens are unblocked every day, sold for cash, and funds can only flow to meme coins. Even so, Ethereum is still the project with the most solid technical applications and infrastructure. The main reason why funds are unwilling to speculate on Ethereum is the lack of large-scale ecological landing, resulting in insufficient demand for ETH.
In contrast, the hype of meme coins has brought a lot of demand for SOL, so SOL has been rising. When the demand for Ethereum's ecosystem explodes, the market will truly return to the right track, and we ETH holders will finally be able to hold our heads high. 😭😭😭😭😭
🌟 #1000Sats MACD bearish trend weakens: Although it is currently a bear market, the negative momentum is weakening, which may indicate a rebound opportunity. Active trading volume: The trading volume within 24 hours shows that the market is active and funds are frequently flowing in and out.
💡 Short-term market analysis: #1000SATS/USDT rebounded sharply from the low of 0.0002208 USDT and is currently stable at 0.0003225 USDT, showing strong upward momentum in the short term. Technical indicators show that the price is above the short-term and medium-term EMAs, indicating that the price still has the potential to continue to rise in the short term.
🚀 Opportunity! Support level: 0.0003000 USDT Resistance level: 0.0003240 USDT
The current price shows a short-term upward trend, and both the trading volume and technical indicators give positive signals. Short-term players can consider entering the market around 0.0003000 USDT and set a stop loss to prevent price corrections. Medium- and long-term investors should pay attention to the pressure of the long-term EMA and operate with caution.
#ORDI is about to breakout, is now a great time to buy?
📈 Current price: 51.51 USDT #ORDI 📊 Technical indicators: 7-Day EMA: 47.00 25-Day EMA: 43.51 99-days EMA:49.26 📉 Fluctuation within 24 hours: Highest price: 52.26 USDT Lowest price: 45.82 USDT 24-hour increase: 9.22% 🌟 Important signals: MACD bullish trend is obvious: the bull market is coming strongly and the positive momentum is increasing. Trading volume surged: The trading volume of 1.268M ORDI and 61.882M USDT shows that the market is active and the influx of funds is significant. 💡 Short-term market analysis:It rebounded sharply from the low of 40 USDT and is currently above 50 USDT, showing strong upward momentum in the short term. Technical indicators show that the price is above the short-term and medium-term EMAs, indicating that the price still has the potential to continue to rise in the short term.
The cryptocurrency market needs more funds to boost its growth again, and the decision lies with the Federal Reserve
Recently, meme coins represented by PEPE and NOT have performed strongly, repeatedly hitting record highs. However, the performance of institutional coins is relatively poor, and even ETH's performance is not satisfactory, and it is generally "weak". At present, the market can be divided into three major modules: BTC and ETH, the two major index coins, altcoins invested by institutions, and meme coins. The market originally expected that altcoins would rise after the approval of the Ethereum ETF, but the rebound only lasted a few days, and funds flowed back to meme coins. Why? Market funds are insufficient to drive the market up again. Now that stablecoins and ETF funds have not continued to flow in, the market can only fluctuate, and the existing funds are grouped together in meme coins.
1. Australia's first spot ETF that directly holds Bitcoin officially started trading. 2. 11 years later, $13.87 million of "sleeping Bitcoin" was moved, exposing the 2013 predator. 3. @binance will restrict the use of unauthorized stablecoins by EU users. 4.#Solanalaunched nearly 500,000 tokens last month. 5. Former @Binance CEO CZ has reported to the California federal prison to begin serving a 4-month sentence. 6.#FTXsold the remaining Anthropic shares, and the bankruptcy cost exceeded $700 million. 7.#Halvingfull effect: #Bitfarms# crypto mining revenue fell 42%. 8. Digital currency mining giant Core Scientific invested in AI business to diversify its operations. 9. Daily Crypto News | June 4 - Australia's first spot Bitcoin ETF officially launched. 10. The market value of#BRETTtokens exceeded $1 billion. 11. Trust Wallet introduces Mercuryo for crypto and fiat exchange. 12. Crypto sleuths expose Floyd Mayweather's involvement in another token scam.
Recently, there are 5x and 10x MEMEs coming out every day, which is too anxious brothers!
Share the guide to rushing to the local dog:
**On-chain copy trading smart money rushing to the local dog: Brother Sabi's guide** **Psychological construction**: 1. For every transaction, you should treat the funds as if they are gone. 2. Smart money is also human and will make mistakes.
**Method**: 1. **Smart money first buys**: Whether it is a large or small purchase, enter the market with the smallest amount of funds first. 2. **Smart money continues to buy**: small amount of replenishment. 3. **Smart money abnormally large amount of replenishment**: buy with large amount of funds. 4. **Smart money holds positions**: Don't move around, don't replenish positions if it falls, and don't run if it rises. The position is based on your ability to work and rest steadily. If it is too heavy, reduce the position. 5. **Smart money small amount of reduction**: Reduce the position in the same proportion. 6. **Smart money large amount of reduction/clearance**: Don't hesitate, run immediately.
**The thinking logic behind it**: 1. Behind every long-term profitable smart money address is a set of verified trading strategies, which are reflected in trading operations. 2. Strictly following the smart money operations is essentially to improve our winning rate. And the expected income is proportional to the risk we can take. It's like playing Texas Hold'em and buying shares of professional players. Professional players make big money, and we make small money, which is much better than being treated as an ATM on the field.
**The value of the Golden Dog meme**: Regardless of the bull or bear market, the Golden Dog meme will exist. Fair Launch gives everyone an equal starting point and will not be harvested by institutions.
No one reached consensus at the consensus conference, but the foot of Meme Mountain was overcrowded
This market has really changed:
@consensus2024 1. It is like a "absurd drama" in the crypto market! You see, the consensus conference, which should have been a grand industry event, turned out to be a "deserted conference" with no one paying attention. On one side, the technical experts were performing "monologues" on the stage, and on the other side, the foot of the meme hype was crowded with people, like a carnival.
2. Imagine that this is like being outside a luxurious academic seminar, where everyone is queuing up to buy limited edition internet celebrity milk tea, but no one goes in to listen to the speech. It's really "you hold your meeting, and I trade my coins."
$DOG is one of the largest meme projects on the Bitcoin chain. The recent surge in trading volume indicates that Binance will be listed. As a completely community-driven project MEME, $DOG has no team reservations, no venture capital, and no insider trading, which is truly transparent, fair and open.
**Why choose $DOG? **
- **No team reservation**: All participants are equal, and there is no privileged class.
- **No venture capital**: Avoids large capital monopoly and ensures fair participation.
- **No insider trading**: Information is transparent and the market is fair.
$Sats has fallen, and $ORDI's momentum is also weakening. Dog dealers, it's time to act and make $DOG the next MEME!
We call on Binance to list $DOG as soon as possible, so that more investors can participate in this promising project. I believe that with the support of Binance, $DOG will definitely become the most dazzling meme on the Bitcoin chain!