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The first self-made Chinese billionaire born in the 1980s is born! Zhao Changpeng is only ranked 16thAccording to the Hurun Report WeChat official account, Hurun Research Institute released the (2024 Hengchang Shaofang Hurun Rich List), and former Binance CEO Zhao Changpeng ranked 16th on the list with a wealth of 135 billion yuan. The article mentioned that although Zhao Changpeng was arrested in California in the past year and paid a total fine of more than 7 billion US dollars, his wealth still increased by 90 billion yuan compared with last year (ranked second on the list of the most increased wealth), reaching 135 billion yuan, mainly due to the increase in the total transaction volume of virtual currencies in the past year, as the price of Bitcoin rose 130% from the same period last year to 65,000 US dollars.

The first self-made Chinese billionaire born in the 1980s is born! Zhao Changpeng is only ranked 16th

According to the Hurun Report WeChat official account, Hurun Research Institute released the (2024 Hengchang Shaofang Hurun Rich List), and former Binance CEO Zhao Changpeng ranked 16th on the list with a wealth of 135 billion yuan. The article mentioned that although Zhao Changpeng was arrested in California in the past year and paid a total fine of more than 7 billion US dollars, his wealth still increased by 90 billion yuan compared with last year (ranked second on the list of the most increased wealth), reaching 135 billion yuan, mainly due to the increase in the total transaction volume of virtual currencies in the past year, as the price of Bitcoin rose 130% from the same period last year to 65,000 US dollars.
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BTC stands firm at 7, not sure if the inscriptions will launch first or the memes, or AI? $FLOKI $PEPE $NOT
BTC stands firm at 7, not sure if the inscriptions will launch first or the memes, or AI? $FLOKI $PEPE $NOT
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#Which AI meme coin do you support?# The appreciation potential of a coin like Pepe mainly depends on these points: 1. Is there viral spread; 2. Is there a reliable team; 3. Is there sustained popularity; 4. Can it bring about change in specific areas; 5. Can it attract new users; 6. Continuous self-sustaining ability; 7. Endorsement from some big names (top-tier influencers, those who aren't short on cash... selling beef and similar doesn’t count); 8. Speed of code updates; 9. You love her. If it meets more than three criteria, you can invest as long as the price is not high, keep buying continuously without stopping [$SOL $PEPE {spot}(SOLUSDT)
#Which AI meme coin do you support?# The appreciation potential of a coin like Pepe mainly depends on these points:
1. Is there viral spread;
2. Is there a reliable team;
3. Is there sustained popularity;
4. Can it bring about change in specific areas;
5. Can it attract new users;
6. Continuous self-sustaining ability;
7. Endorsement from some big names (top-tier influencers, those who aren't short on cash... selling beef and similar doesn’t count);
8. Speed of code updates;
9. You love her.
If it meets more than three criteria, you can invest as long as the price is not high, keep buying continuously without stopping [$SOL $PEPE
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#你问我答 #Which AI meme coin do you favor?# If Harris is elected, will there be a black swan event? Earlier, I saw a picture that if Trump is elected, BTC will head towards $200k, but if Harris is elected, BTC will head towards zero. This is purely a joke. If Trump is elected, the policies will be favorable for crypto, because Trump has previously claimed he would consider BTC as a national reserve currency. That would be very strong, and it might change the nature of crypto! From something that has been considered a scam for decades, suddenly being treated as legitimate! On the other hand, Harris is clearly not that friendly towards crypto! More importantly, she has stated she would impose a capital gains tax on the wealthy! This is also the reason Buffett has been frantically selling U.S. stocks lately, because if this capital gains tax is implemented, the wealthy would have to sell off assets to raise cash for taxes. Robbing the rich to help the poor, it will inevitably trigger a wave of selling! However, in the current interest rate cut cycle, as long as rates do not quickly drop below 4%, the overall crypto market remains stable! Don't worry! This expectation allows global assets to maintain a relatively easy profit-making phase! But! If the Federal Reserve completes the interest rate cuts and returns to its most favorable rate between 3%-4%! Then it will enter a bear market! FLOKI$PEPE {spot}(FLOKIUSDT) $
#你问我答 #Which AI meme coin do you favor?#
If Harris is elected, will there be a black swan event?
Earlier, I saw a picture that if Trump is elected, BTC will head towards $200k, but if Harris is elected, BTC will head towards zero.
This is purely a joke.
If Trump is elected, the policies will be favorable for crypto, because Trump has previously claimed he would consider BTC as a national reserve currency.
That would be very strong, and it might change the nature of crypto!
From something that has been considered a scam for decades, suddenly being treated as legitimate!
On the other hand, Harris is clearly not that friendly towards crypto! More importantly, she has stated she would impose a capital gains tax on the wealthy!
This is also the reason Buffett has been frantically selling U.S. stocks lately, because if this capital gains tax is implemented, the wealthy would have to sell off assets to raise cash for taxes.
Robbing the rich to help the poor, it will inevitably trigger a wave of selling!
However, in the current interest rate cut cycle, as long as rates do not quickly drop below 4%, the overall crypto market remains stable! Don't worry!
This expectation allows global assets to maintain a relatively easy profit-making phase!
But! If the Federal Reserve completes the interest rate cuts and returns to its most favorable rate between 3%-4%! Then it will enter a bear market! FLOKI$PEPE
$
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Why should we continue to pay attention to the AI+MEME track? (Why does GOAT need continued attention?) 1. Playing with MEME is all about hyping concepts and telling stories, isn't it? Besides MEME, what the market loves most is AI. No matter how flawed this AI is, as long as it wears the skin of AI, it becomes the darling of the market. 2. Some narratives may quickly fade away; small predictions, like $Ban, are hard to establish "stickiness" with retail investors and do not convey a sense of vitality. It is very likely that after the hype dies down, funds will return to the zoo or MEME+AI. 3. The secondary track only has MEME and AI as T0 versions. This logic is equally imaginative when telling stories on-chain. Some narratives are only suitable for dating, while others can lead to marriage. Currently, the only one verified to be able to marry is the zoo. In terms of imagination, the best answer is MEME+AI. #CryptoObserver##What AI meme coin do you have confidence in?# $SOL $FLOKI $PEPE {spot}(SOLUSDT)
Why should we continue to pay attention to the AI+MEME track? (Why does GOAT need continued attention?)
1. Playing with MEME is all about hyping concepts and telling stories, isn't it? Besides MEME, what the market loves most is AI. No matter how flawed this AI is, as long as it wears the skin of AI, it becomes the darling of the market.
2. Some narratives may quickly fade away; small predictions, like $Ban, are hard to establish "stickiness" with retail investors and do not convey a sense of vitality. It is very likely that after the hype dies down, funds will return to the zoo or MEME+AI.
3. The secondary track only has MEME and AI as T0 versions. This logic is equally imaginative when telling stories on-chain. Some narratives are only suitable for dating, while others can lead to marriage. Currently, the only one verified to be able to marry is the zoo. In terms of imagination, the best answer is MEME+AI.
#CryptoObserver##What AI meme coin do you have confidence in?#
$SOL $FLOKI $PEPE
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In the past 24 hours, the average trading volume every 15 minutes has been at least 60 BTC. This is the highest level in two months, indicating strong demand for cryptocurrency, despite some panic surrounding USDT yesterday. $BTC $FLOKI $PEPE {spot}(PEPEUSDT)
In the past 24 hours, the average trading volume every 15 minutes has been at least 60 BTC. This is the highest level in two months, indicating strong demand for cryptocurrency, despite some panic surrounding USDT yesterday. $BTC $FLOKI $PEPE
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🔥Will Trump's victory destroy China's de-dollarization plan? 🔶In a little over a month, the Chinese government has taken many measures to stimulate the economy (most importantly, a sharp reduction in all maturities). The sudden easing of monetary policy has put pressure on the RMB, which has been weak for the past 3 years. 🔶The RMB has been constantly bottoming out since nearly 10 years (as China wants to maintain its export advantage), hitting a decade low in August 2019 when the trade war reached its peak. 🔶If Trump returns to the US presidency, Trade War 2.0 will definitely break out. The "Trump Tax" plan, which imposes tariffs of >60% on Chinese goods, will force the People's Bank of China (PBoC) to continue to keep the RMB low to promote exports. 🔶The Chinese economy recovered after the trade war, but the world fell into the vortex of the COVID-19 pandemic, and then the real estate crisis and three years of inflation continued to weaken the Chinese economy. China does not even have enough strength to deal with a second trade war (even more severe than in 2017). If Trump wins, the de-dollarization process of China and BRICS countries will most likely be delayed in order for China to save its domestic economy. 🔶The Chinese Communist Party meets next week to decide whether to introduce larger stimulus measures, while the US will also usher in the election results. China has almost fired the first shot, slashing interest rates across all maturities. But the money supply has not yet appeared. China hopes to really take action after the US election results come out. $SOL $FLOKI $PEPE {spot}(SOLUSDT)
🔥Will Trump's victory destroy China's de-dollarization plan?
🔶In a little over a month, the Chinese government has taken many measures to stimulate the economy (most importantly, a sharp reduction in all maturities). The sudden easing of monetary policy has put pressure on the RMB, which has been weak for the past 3 years.
🔶The RMB has been constantly bottoming out since nearly 10 years (as China wants to maintain its export advantage), hitting a decade low in August 2019 when the trade war reached its peak.
🔶If Trump returns to the US presidency, Trade War 2.0 will definitely break out. The "Trump Tax" plan, which imposes tariffs of >60% on Chinese goods, will force the People's Bank of China (PBoC) to continue to keep the RMB low to promote exports.
🔶The Chinese economy recovered after the trade war, but the world fell into the vortex of the COVID-19 pandemic, and then the real estate crisis and three years of inflation continued to weaken the Chinese economy. China does not even have enough strength to deal with a second trade war (even more severe than in 2017).
If Trump wins, the de-dollarization process of China and BRICS countries will most likely be delayed in order for China to save its domestic economy.
🔶The Chinese Communist Party meets next week to decide whether to introduce larger stimulus measures, while the US will also usher in the election results. China has almost fired the first shot, slashing interest rates across all maturities. But the money supply has not yet appeared. China hopes to really take action after the US election results come out. $SOL $FLOKI $PEPE
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#Recommend 3 Meme Coins You Are Most Optimistic About##Crypto Observer# If you are still holding short positions, you might want to pay attention to the following layouts: 1. Meme Coin Sector: Neiro is currently leading and is at the forefront of this wave of Meme trends, receiving support from major participants in BN and a strong community. These types of projects often rely on emotional and capital-driven forces. Other targets to watch: FLOKI, PEPE, Doge Cap Coin, 2. AI Zone: One of the themes of the bull market Projects like TAO, ARKM, AR, NEAR, AIT are rapidly rising, especially after presidential candidate Harris announced a strong push for artificial intelligence. Policy support is often the key to driving explosive growth in tech sector projects, and these AI projects are worth further study. Targets to watch: LPT, RNDR, NFP, JASMY, FET, ARKM 3. RWA Sector: No need to elaborate, emerging hotspot, institutional layout. Targets to watch: polyx, ONDO, TRU
#Recommend 3 Meme Coins You Are Most Optimistic About##Crypto Observer# If you are still holding short positions, you might want to pay attention to the following layouts:
1. Meme Coin Sector:
Neiro is currently leading and is at the forefront of this wave of Meme trends, receiving support from major participants in BN and a strong community. These types of projects often rely on emotional and capital-driven forces.
Other targets to watch: FLOKI, PEPE, Doge Cap Coin,
2. AI Zone:
One of the themes of the bull market
Projects like TAO, ARKM, AR, NEAR, AIT are rapidly rising, especially after presidential candidate Harris announced a strong push for artificial intelligence. Policy support is often the key to driving explosive growth in tech sector projects, and these AI projects are worth further study.
Targets to watch: LPT, RNDR, NFP, JASMY, FET, ARKM
3. RWA Sector:
No need to elaborate, emerging hotspot, institutional layout.
Targets to watch: polyx, ONDO, TRU
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According to data from Artemis, the majority of the $60 billion worth of stablecoins transferred on October 26 came from Circle's stablecoin USDC, with a token value of $37.3 billion, accounting for over 62% of the total transaction volume. In second place was Tether's USDT token, valued at nearly $18 billion, making up almost 30% of the transaction volume, while the DAI stablecoin ranked third with a value of $4.5 billion, accounting for only 7.4% of the total transaction volume. $FLOKI $PEPE $NOT
According to data from Artemis, the majority of the $60 billion worth of stablecoins transferred on October 26 came from Circle's stablecoin USDC, with a token value of $37.3 billion, accounting for over 62% of the total transaction volume. In second place was Tether's USDT token, valued at nearly $18 billion, making up almost 30% of the transaction volume, while the DAI stablecoin ranked third with a value of $4.5 billion, accounting for only 7.4% of the total transaction volume. $FLOKI $PEPE $NOT
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Microsoft Plans to Invest in Bitcoin ExposedOn October 27, documents submitted to the U.S. SEC on Thursday revealed that the software giant Microsoft, valued at over $3 trillion, will vote on 'evaluating investment in Bitcoin' at its shareholders' meeting on December 9. The proposal was put forward by the conservative National Public Policy Research Center related to Project 2025. The center referred to Bitcoin as 'a great inflation hedge tool, even if not the best,' which is a significant reason for Microsoft to consider this proposal.$BTC $FLOKI $PEPE

Microsoft Plans to Invest in Bitcoin Exposed

On October 27, documents submitted to the U.S. SEC on Thursday revealed that the software giant Microsoft, valued at over $3 trillion, will vote on 'evaluating investment in Bitcoin' at its shareholders' meeting on December 9. The proposal was put forward by the conservative National Public Policy Research Center related to Project 2025. The center referred to Bitcoin as 'a great inflation hedge tool, even if not the best,' which is a significant reason for Microsoft to consider this proposal.$BTC $FLOKI
$PEPE
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PANews October 27 news, according to Hong Kong media Ming Pao reports, Hong Kong Investment Fund Association Chairman Yu Zhensheng stated that they will gradually study and cooperate with relevant stakeholders and units to carry out investor education work, such as in virtual assets, in order to help investors seize investment opportunities and achieve retirement and financial management goals. $SOL $PEPE $FLOKI
PANews October 27 news, according to Hong Kong media Ming Pao reports, Hong Kong Investment Fund Association Chairman Yu Zhensheng stated that they will gradually study and cooperate with relevant stakeholders and units to carry out investor education work, such as in virtual assets, in order to help investors seize investment opportunities and achieve retirement and financial management goals. $SOL $PEPE $FLOKI
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#美国11月降息预期对加密市场有何影响?##币圈观察员#美联储降息后对币圈(加密货币市场)的影响是多方面的,具体包括以下几个方面: 1、流动性增加: 美联储降息通常会增加市场的流动性,导致资金从债券、银行等传统市场流出,流入股票和加密货币等风险资产。这种资金流动可能会推动加密货币价格上涨。 2、市场情绪提升: 降息通常被解读为中央银行对经济的支持,这可能会提升市场情绪,吸引更多的投资者进入加密货币市场,从而推动价格上升。 3、比特币价格影响: 比特币(BTC)价格在历史上通常在美联储降息后上涨。例如,在2019年的降息周期中,BTC在第一次降息后短暂拉升,之后整体上开启下行通道,但回调幅度相对较小。 3、稳定币市值变化: 稳定币(如USDT和USDC)的市值在降息后可能会增加。例如,USDT的市值在过去一个月从1170亿美元升至1187亿美元,流入资金近17亿美元。 4、市场波动性: 降息可能导致市场波动加剧。加密货币市场本身就具有高度的波动性和不确定性,新增资金的进入可能会加剧这种波动,导致价格的大幅起落。 5、全球金融市场稳定性: 美联储降息可能引发全球金融市场的不稳定。如果传统金融市场出现大幅波动,可能会对投资者的信心产生负面影响,进而影响到加密货币市场。 6、监管政策影响: 币圈的发展还受到监管政策等多种因素的影响。美联储降息虽然可能带来资金的流动和市场情绪的变化,但监管机构对于加密货币的态度仍然是一个重要的不确定因素。如果监管机构加强对加密货币市场的监管,可能会限制其发展,抵消美联储降息带来的部分积极影响。$SOL $FLOKI $PEPE {spot}(SOLUSDT)
#美国11月降息预期对加密市场有何影响?##币圈观察员#美联储降息后对币圈(加密货币市场)的影响是多方面的,具体包括以下几个方面:
1、流动性增加:
美联储降息通常会增加市场的流动性,导致资金从债券、银行等传统市场流出,流入股票和加密货币等风险资产。这种资金流动可能会推动加密货币价格上涨。
2、市场情绪提升:
降息通常被解读为中央银行对经济的支持,这可能会提升市场情绪,吸引更多的投资者进入加密货币市场,从而推动价格上升。
3、比特币价格影响:
比特币(BTC)价格在历史上通常在美联储降息后上涨。例如,在2019年的降息周期中,BTC在第一次降息后短暂拉升,之后整体上开启下行通道,但回调幅度相对较小。
3、稳定币市值变化:
稳定币(如USDT和USDC)的市值在降息后可能会增加。例如,USDT的市值在过去一个月从1170亿美元升至1187亿美元,流入资金近17亿美元。
4、市场波动性:
降息可能导致市场波动加剧。加密货币市场本身就具有高度的波动性和不确定性,新增资金的进入可能会加剧这种波动,导致价格的大幅起落。
5、全球金融市场稳定性:
美联储降息可能引发全球金融市场的不稳定。如果传统金融市场出现大幅波动,可能会对投资者的信心产生负面影响,进而影响到加密货币市场。
6、监管政策影响:
币圈的发展还受到监管政策等多种因素的影响。美联储降息虽然可能带来资金的流动和市场情绪的变化,但监管机构对于加密货币的态度仍然是一个重要的不确定因素。如果监管机构加强对加密货币市场的监管,可能会限制其发展,抵消美联储降息带来的部分积极影响。$SOL $FLOKI $PEPE
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Odaily Planet Daily News: The prediction market Polymarket data shows that the current probability of Trump winning the U.S. presidential election is 64.5%, while the probability of Harris winning the election is 35.3%, widening the gap between the two to 29.2 percentage points. Additionally, the amount bet on the U.S. election on the platform has exceeded 2.5 billion dollars. $SOL $FLOKI $PEPE
Odaily Planet Daily News: The prediction market Polymarket data shows that the current probability of Trump winning the U.S. presidential election is 64.5%, while the probability of Harris winning the election is 35.3%, widening the gap between the two to 29.2 percentage points. Additionally, the amount bet on the U.S. election on the platform has exceeded 2.5 billion dollars. $SOL $FLOKI $PEPE
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This year's market is very difficult to make money, which is what everyone is most commonly saying in chats right now. In fact, it’s not just this year; looking back at last year and the year before, whenever the market is stagnant, people will voice such concerns. But when the market starts moving, perhaps just one big bullish candlestick can summon the desires of the soul, and the market will actively discuss and be filled with enthusiasm. Worrying about the market, worrying about a bull market, and even worrying about international situations are all unnecessary fears. There are always smarter people in this world, and to protect your own interests, you need to take certain actions. What we need to focus on is which cryptocurrencies have practical application value, whether there are opportunities for speculation, whether they are undervalued, and performing addition and subtraction within the phase of volatility to maximize our returns. 💎 💎 Currently, there are 10 days left until the U.S. presidential election, and the election has entered a critical moment. CNN's final poll shows that former President Trump and Vice President Harris have equal support at 47%. This means there is still great uncertainty about whether Trump will win. This morning, Bitcoin briefly fell below $66,000 to stabilize at $65,543, with an increasing trading volume. Ethereum dropped to a low of $2,380.1, and the entire altcoin market is in a dire state. The most significant drops in altcoins are from those frequently unlocking, those that have been announced for delisting, and those that are close to being delisted. At this moment, the trend in the crypto market reflects a wavering among those betting on Trump's victory, so pay attention to changes in news! $FLOKI $PEPE
This year's market is very difficult to make money, which is what everyone is most commonly saying in chats right now. In fact, it’s not just this year; looking back at last year and the year before, whenever the market is stagnant, people will voice such concerns. But when the market starts moving, perhaps just one big bullish candlestick can summon the desires of the soul, and the market will actively discuss and be filled with enthusiasm. Worrying about the market, worrying about a bull market, and even worrying about international situations are all unnecessary fears. There are always smarter people in this world, and to protect your own interests, you need to take certain actions. What we need to focus on is which cryptocurrencies have practical application value, whether there are opportunities for speculation, whether they are undervalued, and performing addition and subtraction within the phase of volatility to maximize our returns.
💎
💎
Currently, there are 10 days left until the U.S. presidential election, and the election has entered a critical moment. CNN's final poll shows that former President Trump and Vice President Harris have equal support at 47%. This means there is still great uncertainty about whether Trump will win. This morning, Bitcoin briefly fell below $66,000 to stabilize at $65,543, with an increasing trading volume. Ethereum dropped to a low of $2,380.1, and the entire altcoin market is in a dire state. The most significant drops in altcoins are from those frequently unlocking, those that have been announced for delisting, and those that are close to being delisted. At this moment, the trend in the crypto market reflects a wavering among those betting on Trump's victory, so pay attention to changes in news! $FLOKI $PEPE
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$FLOKI is proud to announce that we will be speaking at the #Binance Blockchain Week held in Dubai from October 30 to 31, 2024. #Floki will discuss #crypto culture, the rise of #memecoins, the power of democratized social communities, and more! For the complete event schedule, please see: https://t.co/7qMMzCbcKJ https://x.com/RealFlokiInu/status/1849887306184048910$FLOKI {spot}(FLOKIUSDT) {spot}(PEPEUSDT)
$FLOKI is proud to announce that we will be speaking at the #Binance Blockchain Week held in Dubai from October 30 to 31, 2024.

#Floki will discuss #crypto culture, the rise of #memecoins, the power of democratized social communities, and more! For the complete event schedule, please see:

https://t.co/7qMMzCbcKJ

https://x.com/RealFlokiInu/status/1849887306184048910$FLOKI
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As October enters the countdown, the market dynamics in the next two months will become increasingly noteworthy. This bull market is markedly different from the past, with pronounced market differentiation. The previous rapid surge seems to have come to a pause, and the market has entered an adjustment phase. It's evident that the explosive speed in the first half of the bull market was astonishing, but the current trend appears somewhat weak, with subsequent increases likely to be slow and rhythmic digestion. 💎 💎 This reflects a shift in the market's capital structure. The rapid entry of formal capital drove the initial strong rally, and now the market is beginning to enter a consolidation phase. More concerning is the particularly weak performance of altcoins, with insufficient liquidity, and sector rotation has become sluggish, making sustained increases difficult. This means that in the current market environment, selecting investment targets requires more caution and precision, as the risks of blindly chasing increases have significantly heightened. 💎 💎 The most obvious issue in the current market is the lack of two key factors: liquidity and hotspots. However, what is truly lacking is core liquidity, as hotspots can be created and guided. Once liquidity is restored, market sentiment and hotspots will become active again, forming a positive cycle. Therefore, the key moving forward is how to activate market liquidity, which will determine the future trend of the market $SOL $PEPE $FLOKI {spot}(SOLUSDT) {spot}(PEPEUSDT) {spot}(FLOKIUSDT)
As October enters the countdown, the market dynamics in the next two months will become increasingly noteworthy. This bull market is markedly different from the past, with pronounced market differentiation. The previous rapid surge seems to have come to a pause, and the market has entered an adjustment phase. It's evident that the explosive speed in the first half of the bull market was astonishing, but the current trend appears somewhat weak, with subsequent increases likely to be slow and rhythmic digestion.
💎
💎
This reflects a shift in the market's capital structure. The rapid entry of formal capital drove the initial strong rally, and now the market is beginning to enter a consolidation phase. More concerning is the particularly weak performance of altcoins, with insufficient liquidity, and sector rotation has become sluggish, making sustained increases difficult. This means that in the current market environment, selecting investment targets requires more caution and precision, as the risks of blindly chasing increases have significantly heightened.
💎
💎
The most obvious issue in the current market is the lack of two key factors: liquidity and hotspots. However, what is truly lacking is core liquidity, as hotspots can be created and guided. Once liquidity is restored, market sentiment and hotspots will become active again, forming a positive cycle. Therefore, the key moving forward is how to activate market liquidity, which will determine the future trend of the market $SOL $PEPE $FLOKI
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Good afternoon, friends in the crypto circle! The Bitcoin daily line closed this morning showing a large bullish candlestick, which indicates that there was strong capital buying at the dip to the 65500 range, allowing for a quick recovery with a long lower wick and the formation of a bullish candlestick. - The upper range is suppressed by the 70,000 integer level, and we need to rely on favorable news to break through smoothly. October is about to end, and the non-farm payroll data on November 1 may be the key to the breakthrough, as the election is just 5 days after the data release. During this critical period of political power transition every four years, even superficial work needs to be maintained, and I believe the data will not be disappointing. - Furthermore, the US stock market has seen a decline in the past two days, which aligns with my analysis from the day before yesterday—every round of elections sees the US stock market decline in the two weeks prior. Once the new president takes office, favorable news is released, and the stock market reaches new highs. This is a consistent strategy; otherwise, how could the US stock market grow from 28,300 in 2020 to 43,000 today? - Next, if the Red Hat takes office, he is someone who knows how to get things done, focusing on the economy and making money. He is especially adept at generating revenue, and he currently has an ace up his sleeve—Little Horse. This person not only knows how to make money but is also top-notch in science and technology, with a company that rivals a national research institute. Therefore, I firmly believe that the US economy should see an upward trend after he takes office. - Currently, Bitcoin's trend is closely tied to the US stock market; as the stock market continues to hit new highs, Bitcoin will naturally follow suit and break through previous highs, aiming for higher prices. Thus, there is a high probability that Bitcoin will break through the previous high of 73,880 in November, reaching 75,000 or even 80,000. - So, brothers, let's welcome the spring of Bitcoin together. Although this round of the Bitcoin bull market has little to do with 90% of altcoins and is quite bleak, as long as Bitcoin can break through its previous high, at least the altcoin season still has a chance to arrive. - Follow me for daily market analysis, $SOL $XRP $PEPE {spot}(SOLUSDT) {spot}(PEPEUSDT) - {spot}(FLOKIUSDT) - -
Good afternoon, friends in the crypto circle!
The Bitcoin daily line closed this morning showing a large bullish candlestick, which indicates that there was strong capital buying at the dip to the 65500 range, allowing for a quick recovery with a long lower wick and the formation of a bullish candlestick.
-
The upper range is suppressed by the 70,000 integer level, and we need to rely on favorable news to break through smoothly. October is about to end, and the non-farm payroll data on November 1 may be the key to the breakthrough, as the election is just 5 days after the data release. During this critical period of political power transition every four years, even superficial work needs to be maintained, and I believe the data will not be disappointing.
-
Furthermore, the US stock market has seen a decline in the past two days, which aligns with my analysis from the day before yesterday—every round of elections sees the US stock market decline in the two weeks prior. Once the new president takes office, favorable news is released, and the stock market reaches new highs. This is a consistent strategy; otherwise, how could the US stock market grow from 28,300 in 2020 to 43,000 today?
-
Next, if the Red Hat takes office, he is someone who knows how to get things done, focusing on the economy and making money. He is especially adept at generating revenue, and he currently has an ace up his sleeve—Little Horse. This person not only knows how to make money but is also top-notch in science and technology, with a company that rivals a national research institute. Therefore, I firmly believe that the US economy should see an upward trend after he takes office.
-
Currently, Bitcoin's trend is closely tied to the US stock market; as the stock market continues to hit new highs, Bitcoin will naturally follow suit and break through previous highs, aiming for higher prices. Thus, there is a high probability that Bitcoin will break through the previous high of 73,880 in November, reaching 75,000 or even 80,000.
-
So, brothers, let's welcome the spring of Bitcoin together. Although this round of the Bitcoin bull market has little to do with 90% of altcoins and is quite bleak, as long as Bitcoin can break through its previous high, at least the altcoin season still has a chance to arrive.
-
Follow me for daily market analysis, $SOL $XRP $PEPE

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$SOL $FLOKI $PEPE {spot}(SOLUSDT) {spot}(FLOKIUSDT) {spot}(PEPEUSDT) Do not blindly believe in ETH; I dare to make a prediction here. In the next round (2026), the market cap of ETH will likely be only one-tenth of Bitcoin's market cap. Currently, ETH's market cap is 22% of BTC, which means it has to drop another half compared to BTC. However, looking back at history, we find the bloody reality: XRP and BCH have both reached the second-largest market cap. Currently, XRP has a market cap of 30 billion USD, which is only 2% of BTC, and BCH has 7.1 billion USD, which is only 0.5%. In every bear market, BTC also drops by 70%. The reason why the proportions get smaller is that Bitcoin can recover after a drop, while XRP and BCH, even during the last bull market, did not break their previous highs. Therefore, it is very likely that ETH will not reach its previous historical high of $4800. The decline is universal, and the rise does not follow; thus, we are likely to see ETH with only one-tenth of Bitcoin's market cap, or even lower.
$SOL $FLOKI $PEPE
Do not blindly believe in ETH; I dare to make a prediction here. In the next round (2026), the market cap of ETH will likely be only one-tenth of Bitcoin's market cap. Currently, ETH's market cap is 22% of BTC, which means it has to drop another half compared to BTC.
However, looking back at history, we find the bloody reality: XRP and BCH have both reached the second-largest market cap. Currently, XRP has a market cap of 30 billion USD, which is only 2% of BTC, and BCH has 7.1 billion USD, which is only 0.5%.
In every bear market, BTC also drops by 70%. The reason why the proportions get smaller is that Bitcoin can recover after a drop, while XRP and BCH, even during the last bull market, did not break their previous highs. Therefore, it is very likely that ETH will not reach its previous historical high of $4800. The decline is universal, and the rise does not follow; thus, we are likely to see ETH with only one-tenth of Bitcoin's market cap, or even lower.
See original
Good morning ☀ Iron fans check-in 👍 Like to make big money 🍗🍗🌹🌹 💎 💎 Like ➕ Follow to understand the wealth code {spot}(SOLUSDT) {spot}(PEPEUSDT) $SOL $PEPE Overnight U.S. stock market closed mixed, the Dow fell 0.33%, the Nasdaq rose 0.76%, and the S&P 500 index rose 0.21%. Tesla's stock price surged nearly 22%, marking the largest single-day gain since May 2013. The cryptocurrency market rebounded across the board, with Bitcoin strongly breaking through $68,000. SOL continues to maintain its strength, and new hotspots emerge in the cryptocurrency market every day. There is one week left in the countdown to October 2024. Bitcoin has completed a strong breakout to $68,000 after a shakeout before breaking through $70,000. Recently, the market's focus has been on the SOLana ecosystem tokens SOL and its little brothers JTO, JUP, and RAY, which have indeed performed brilliantly. SOL is on track to break $200, and RAY has broken through $3. The U.S. presidential election countdown is at 11 days. After this strong shakeout, it is not impossible for Bitcoin to break its historical high. Bitcoin's intraday trend has shown a rebound after reaching a low. After experiencing a stretch yesterday, the drop came directly to around $65,200 and then rebounded again, rising to the $68,800 level before facing pressure to pull back. From a technical structure perspective, the daily structure has closed positively again, with bulls making a comeback, completely recovering the previous day's drop. Therefore, in the follow-up operations, we still look for bullish continuation. Currently, the market has not given too much pullback after the surge, indicating that the momentum is still quite strong. The four-hour trend shows a clear V-shaped reversal, with momentum strengthening again, so at the end of the week, we must look for bullish continuation. 💎 💎 Ethereum has indeed been quite disappointing this time; I didn't expect this pullback to reach around $2,450. The daily market relies on the $2,500 level, showing several rebounds, all facing pressure at the $2,560 line. The short-term structure is very weak, and we should pay attention to the market's correlation. Ethereum's performance this year feels really poor, lagging behind Bitcoin and SOL since the beginning of the year. It was finally hoped that after the ETF approval on July 23, there would be a catch-up, but unexpectedly, as of today, it's been exactly three months since the ETF was approved, and the data for Ethereum's ETF is quite disappointing, with a net outflow of 144.15K overall. Friends holding Ethereum are having a tough year; they can't keep up when it rises and are the first to fall when it drops. Today, SOL/ETH also set a new historical high. If this continues, SOL's market cap will eventually surpass Ethereum.
Good morning ☀ Iron fans check-in 👍 Like to make big money 🍗🍗🌹🌹
💎
💎 Like ➕ Follow to understand the wealth code
$SOL $PEPE
Overnight U.S. stock market closed mixed, the Dow fell 0.33%, the Nasdaq rose 0.76%, and the S&P 500 index rose 0.21%. Tesla's stock price surged nearly 22%, marking the largest single-day gain since May 2013. The cryptocurrency market rebounded across the board, with Bitcoin strongly breaking through $68,000. SOL continues to maintain its strength, and new hotspots emerge in the cryptocurrency market every day. There is one week left in the countdown to October 2024. Bitcoin has completed a strong breakout to $68,000 after a shakeout before breaking through $70,000. Recently, the market's focus has been on the SOLana ecosystem tokens SOL and its little brothers JTO, JUP, and RAY, which have indeed performed brilliantly. SOL is on track to break $200, and RAY has broken through $3. The U.S. presidential election countdown is at 11 days. After this strong shakeout, it is not impossible for Bitcoin to break its historical high.

Bitcoin's intraday trend has shown a rebound after reaching a low. After experiencing a stretch yesterday, the drop came directly to around $65,200 and then rebounded again, rising to the $68,800 level before facing pressure to pull back. From a technical structure perspective, the daily structure has closed positively again, with bulls making a comeback, completely recovering the previous day's drop. Therefore, in the follow-up operations, we still look for bullish continuation. Currently, the market has not given too much pullback after the surge, indicating that the momentum is still quite strong. The four-hour trend shows a clear V-shaped reversal, with momentum strengthening again, so at the end of the week, we must look for bullish continuation.
💎
💎
Ethereum has indeed been quite disappointing this time; I didn't expect this pullback to reach around $2,450. The daily market relies on the $2,500 level, showing several rebounds, all facing pressure at the $2,560 line. The short-term structure is very weak, and we should pay attention to the market's correlation. Ethereum's performance this year feels really poor, lagging behind Bitcoin and SOL since the beginning of the year. It was finally hoped that after the ETF approval on July 23, there would be a catch-up, but unexpectedly, as of today, it's been exactly three months since the ETF was approved, and the data for Ethereum's ETF is quite disappointing, with a net outflow of 144.15K overall. Friends holding Ethereum are having a tough year; they can't keep up when it rises and are the first to fall when it drops. Today, SOL/ETH also set a new historical high. If this continues, SOL's market cap will eventually surpass Ethereum.
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