The Dogecoin traders prefer to follow the trend and align with Bitcoin's movements. When Bitcoin rises, Dogecoin also rises; when Bitcoin falls, Dogecoin will follow suit.
The XRP traders, on the other hand, adopt a counter-trend strategy. When Bitcoin rises, they tend to consolidate; and when Bitcoin falls, they sometimes intentionally push the price up.
Ethereum has historically maintained a high correlation with Bitcoin, but since last year, as public chain technologies like Solana have gradually matured, the correlation between Ethereum and Bitcoin has weakened.
With the gradual maturation of a series of public chains such as Solana, SUI, TON, TRX, APT, and AVAX, Ethereum has lost its former unique advantage. This change is also reflected in the market, where funds that once flowed into Ethereum are gradually attracted to these emerging public chains, leading to Ethereum's market performance no longer being as dazzling.
In the cryptocurrency circle, most investors are in a state of loss. The main reasons can be attributed to the following three points:
Choosing the wrong currency
Although altcoins still have some potential for growth in the current bull market, most currencies do not have the motivation to continue to rise. Only a few currencies can really achieve good performance. If you do not have a deep understanding of the overall development trend of the blockchain industry and lack sufficient cognition, you can only choose those currencies with lagging information and lack of prospects.
Even if you are lucky enough to buy a currency with better performance in some cases, due to the lack of in-depth understanding of the currency, the investment proportion is often small, and the overall funds are still mostly in a state of loss.
The timing of buying is not right
Choosing the wrong currency and lack of understanding of the fundamentals can at least increase the probability of winning and reduce the risk of loss through technical analysis.
When you are interested in a currency and see its good performance, investors should also use technical chart analysis to determine whether it is the right time to enter the market, rather than blindly chasing the rise.
Through market trend and disk analysis, you can avoid blindly following the trend at high levels and reduce losses caused by wrong buying timing.
Not able to sell properly
Even if they are lucky enough to invest in a currency with excellent performance, many investors often ignore the timing of selling. Either they are eager to sell when they make a little profit, or they insist on holding on when the market has peaked, missing the best time to sell.
Even if the market gives opportunities, if you don’t have enough skills and judgment to grasp them, you will eventually miss the opportunity to make a profit.
Successful investment requires not only good selection and buying timing, but also the ability to stop profit and stop loss at the right time.
The profit margin for PUNT has basically been exhausted, and it might be time to consider starting to accumulate spot positions.
It is recommended to enter a position around 1.25; if you are more aggressive, you can enter at the current price.
The average price is around 1.4. If there is a subsequent pullback, you can make additional purchases in the 1.1 to 1 range.
Regarding target prices, if you are looking at the long term, you can wait for the previous high area to take profit; if you are trading short term, the target price can be seen in the 1.9 to 2 range, which still has considerable upside potential. #非BTC板块市场走势 #BTC再创新高97k #BTC何时突破10万?
The good news is that Bitcoin has reached a new historical high, breaking through $97,000! But the bad news is that altcoins are still in a slump, with Ethereum remaining as stable as a stablecoin, still hovering around $3,100.
Ethereum's current performance is actually related to the recently surged public chains like Solana, Sui, BNB, etc., which have taken away a lot of ETH's funds and market traffic.
As for the trend of ETH, my personal opinion is that past trends can temporarily be disregarded, and instead, we can focus on the breakout trend that started on October 17th of last year.
The performance since then has provided us with good references. Now, ETH's trend has not seen a significant surge, which actually indicates that the current market is still in its early stages, because when ETH starts to surge wildly, it is usually at the tail end of a bull market.
Therefore, from a broader perspective, the current relative stability may be a signal that the market has not fully exploded yet.
The current price of BNB is 611, and today we need to pay attention to the support level at 610.
On the 4-hour level, if the closing price can stabilize above 610, the market is expected to continue to develop upwards. At this time, we can pay attention to the resistance levels above: 615.3, 621, and 630.
If the price cannot break through and maintain above 610, it may indicate insufficient upward momentum. The support levels below can be watched: 597.5, 592.7, and 587.
$FLOKI Trend Analysis: In the case of a downward movement in Bitcoin at night, $FLOKI has shown strong support, maintaining above the daily EMA12.
The 1-hour chart shows a significant rebound, performing strongly in the short term. Although the daily-level rebound has not yet reached the height of PEPE, it still has the potential for further gains.
After communicating with some friends who have made huge profits in this round of bull market, I deeply feel the wisdom in it - simplicity is the ultimate sophistication.
Making big money relies on heavy bets, not on diversification: true wealth often comes from bold bets rather than overly diversifying investments.
Some have held the same coin for 9 months and eventually achieved considerable returns. This approach emphasizes the importance of focus and patience.
Surviving in a bull market: besides investing, maintaining health and a good routine is equally crucial.
Fitness, a regular routine, and keeping a calm mindset help you survive longer in a bull market, avoiding being overwhelmed by market fluctuations.
Stay away from noise and wait patiently: in an information-overloaded market, learn to filter out noise and stay calm. Most importantly, have a stable job and cash flow, which allows for independent thinking and action during market fluctuations.
Luck cannot be ignored: sometimes, luck is also an undeniable factor.
Some project teams also do not understand why their coin suddenly rises, which reflects the unpredictability of the market and the coincidence of certain timings.
It seems that there are quite a few friends interested in cat, so let's elaborate further on cat. The buying power of cat is quite strong. Looking back at the daily K-line on November 14, there was a bullish candlestick accompanied by huge trading volume, with a long upper shadow. Normally, this indicates that organic buyers (possibly some institutions or large investors) are likely unloading their positions. This can also be detected from the daily K-line on November 15, which similarly closed with a long lower shadow. Why is this?
The reason is that either the dog (possibly the maliciously manipulating stock price speculator) is defending the price, or other institutions are defending the price, causing the buying power to remain strong. As a result, cat is very likely to see another upward trend.
Therefore, in terms of operation, it is recommended to primarily use a low-buying strategy. The support levels are at 476 and 450. If there is an effective rebound after buying low near these two support levels, one can directly enter the market. However, if the 450 support level is effectively broken, one must exit immediately (be decisive in exiting!).
Before buying out of fear of missing out (fomo), consider which investment stories (narratives) are those that you can hold onto even if the price drops after you buy, and even want to add to your position, otherwise it is easy to be influenced by fomo emotions and incur losses.
Some time ago, I advised everyone that during chaotic and disorderly market conditions (chaotic pvp, where pvp may refer to a specific market context), it might be a good idea to buy some quality old memes at the bottom.
As a result, a month later, these old memes had basically increased by more than 5 times.
Now, we need to think about which narratives are sustainable, meaning which assets do you think will be re-exploited when the market calms down after buying them? Once you understand these questions, it should significantly improve your chances of investment success.
NEIRO is about to break out of the descending wedge pattern. After the breakout, a bullish rebound of +40% to 50% is expected, so please pay close attention to this cryptocurrency.
The following are some of the cryptocurrencies involved: SUI, SOL, DOGE, PEPE, BOME, ORDI, NEIRO, SATS.
The buying power of Bitcoin in the United States has shown significant signs of recovery.
The Coinbase premium index has continued to rise today, and there has been a sustained and substantial net inflow of funds into the U.S. Bitcoin spot ETF. Notably, the large outflows of FBTC and ARKB that occurred during the last two trading days of last week have now transformed into significant net inflows.
This change indicates that the weakening of buying power in the U.S. from the 14th to the 17th was merely a temporary pause following a short-term overheating.
The current recovery trend in U.S. buying power is expected to drive the price of $BTC to continue rising.
The current market is anxiety-inducing: the rise of Bitcoin makes people uneasy, and altcoins are also concerning.
When buying altcoins, there is fear that Bitcoin's correction might have an impact, causing altcoins to potentially plummet; not buying altcoins raises the fear of missing out on opportunities.
Currently, I have completed the liquidation and exit operations for most of the old altcoins in the secondary market and have started repositioning. Some new positions have also begun to be established.
Next, it is recommended to pay attention to the BTCD indicator, especially when it breaks below the green line and shows a downward crossover, as this may indicate the beginning of altcoin season.
The rise of major coins like DOGE, XRP, and ADA has not yet achieved significant results, and ETH and BNB are also performing weakly, failing to keep up. The current impact of small-cap coins is limited.
If opportunities have not been seized in the past few days, chasing the rise now is not recommended, as it is easy to fall into the trap of buying high and selling low, ultimately resulting in neither gains nor losses.
Currently, the most noteworthy are the new MEME coins at the top.
I maintain my previous view that this market cycle may be a win-win for major coins and emerging coins, while those in the middle may face the risk of being eliminated.
Due to concentrated liquidity, market funds are also more inclined to focus on popular sectors, just like in the US stock market, where the flow of market funds tends to favor the strong.
In terms of choosing public chains, I currently have more confidence in the development potential of Solana (SOL) and BNB, expecting them to have a high probability of reaching new highs:
$BNB: Although its ecosystem is stable, it is relatively decentralized and lacks sufficient innovation, making it difficult to achieve breakthrough performance in the short term.
$SOL: The activity level of the Solana ecosystem is relatively high, with projects like Jup and Ray holding long-term value. Its ecosystem construction highlights are prominent and worthy of key attention and layout.
$ETH: Although it remains the core platform in the DeFi and smart contract space, the market's focus is gradually shifting towards emerging hotspots like memes, which has weakened its attractiveness in the short term, and its performance may fall short of expectations.
Currently, among the mainstream cryptocurrencies in the market, BTC and SOL are performing prominently.
As a traditional representative of cryptocurrencies, BTC remains the main channel for entering the market, while SOL is increasingly becoming a representative of Meme coins.
Current market incremental funds are primarily flowing into BTC and Meme coins, with BTC struggling to break through around $92,000, showing a certain consolidation trend.
As volatility gradually decreases, implied volatility (IV) has also retreated, and the skew curve has shown a slight downward trend, indicating that institutional investors are reducing their allocation to call options.
Although market sentiment remains relatively optimistic, all current market signals seem to point towards a potential sharp correction near $519.
Therefore, actively positioning in medium-term put options might be a relatively cost-effective choice.
The next opportunities are concentrated in several key areas: BTC, SOL, meme projects on the SOL chain, Musk and Trump.
Investors should embrace Musk's concept and pay attention to the potential of the SOL ecosystem.
Recently, we have seen that many excellent projects are based on the SOL chain, and this trend is almost without exception.
If you have contact with the market, you will find that the popularity of the SOL chain is very high. Its advantages are low threshold, high transaction efficiency and low gas fee.
In the current bull market, dozens or even hundreds of potential projects emerge every day, and opportunities on the chain emerge in endlessly.
It is worth noting that tens of billions of US dollars of funds that should have been led by venture capital (VC) are gradually flowing to meme coins.
Looking back at the last round of bull market, the zoo effect was the last madness of the market, and the launch of this round of bull market was led by meme coins.
Celebrity effect, traffic effect, new market narratives and concepts continue to emerge, driving the prosperity of meme.
Therefore, the core highlight of this round of bull market is meme coins. They have become the symbol of the bull market, driving the entry of countless new investors and starting a meme wealth creation campaign.
Current Comparison and Market Trend Analysis of SOL Chain and ETH Chain
Currently, the SOL chain has successfully broken through its niche due to the MEME craze, attracting significant funds and attention, becoming the focus of the market. In contrast, the ETH chain's performance in DeFi is relatively weak, seemingly lagging behind the development of other chains.
In the long term, DeFi and its derivative RWA (Real World Assets on Chain) may be a more enduring market trend, while the future of **MEME** culture is full of uncertainty.
The current pressure on ETH may stem from foundation sell-offs, ecological issues, and outflows of ETH. In the short term, ETH needs to rebound by enhancing ecological construction, attracting hype, and restoring market confidence.
Currently, the MEME ecosystem is thriving, the SOL chain is performing strongly, and BTC and SOL, as market leaders, continue to attract investor attention.
The rise of MEME culture has brought new vitality to the market, and we should also keep pace with the main trend, welcome the upcoming altcoin season, and seize investment opportunities amid market fluctuations.
The recent market has been quite volatile, accompanied by some pessimistic sentiments, but don't let these messages sway you easily.
I have observed that the trend of Bitcoin (BTC) remains strong, and after a few days of consolidation, the possibility of a breakout is high. Therefore, the current strategy is to buy on dips and gradually increase positions.
At the same time, it is also important to pay attention to some other popular cryptocurrencies, including Dogecoin (DOGE), Ripple (XRP), Chainlink (LINK), and Worldcoin (WLD).
These cryptocurrencies also have certain upward potential and should be given appropriate attention and planning.
Let's briefly discuss IO, which can be said to be the most hardworking VC coin recently.
Firstly, from the price trend perspective, it has been very stable recently, oscillating within the range of 2.1 - 2.5, and the trading volume is not large. Its market capitalization remains around 2 million (2Mln), and the recent contributors (team) will unlock next month, with not much unlocking volume.
Secondly, the business involved in IO is related to GPU acceleration, which has a high relevance to the currently popular AI.
Thirdly, IO has a strong expectation for going public. Just yesterday, it was launched on the Perp platform of Cb International, while other large VC coins from the same period have basically been launched on exchanges in South Korea. #DeSci热度上涨 #英伟达财报即将公布 #AVAX、ROSE、ADA大额解锁 #PNUT再次走高