Is the altcoin bull run coming soon? What do meme coins say?
The recent market situation has once again confirmed a truth: value investing seems to have been temporarily forgotten by everyone, and it seems that all-in meme coins can lead to the peak of wealth. The bull market of Bitcoin has extended to the meme sector, making it very lively. However, does this mean that the bull market for altcoins (vc coins) is about to come?
The troubles of altcoin holders Many of my friends who hold altcoins like me are probably under a lot of pressure recently. On the one hand, the money in my account is getting smaller and smaller, and I am always worried that Bitcoin will suddenly drop sharply, which would cause me to suffer heavy losses.
In the current market, meme coins have reached the extreme "FOMO" stage.
At this stage, if you are only a player participating in secondary market transactions, you can start looking for the next hot spot.
Let me give you a suggestion that may be criticized by others, that is, you can slowly get some high-quality VC coins.
Why do you say that? Those old leeks who were trapped at the beginning of this year, because they had experienced the situation of holding on to the bull market and tasting the sweetness before, it is impossible to cut their losses now. They just hold on to them. No matter how much they fall, they can't be washed out. Those who want to leave have already left.
But now, it is in the super cycle of meme coins. Everyone is extremely "FOMO". These old leeks can't help but cut their losses to exchange for meme coins, which is equivalent to adding liquidity to meme coins.
In fact, we are not afraid of the overall decline of the market, but we are afraid of the rise of Bitcoin and the crazy wealth creation of very few sectors. Only when this happens will those who have been lying still be shaken, and in that case, the chips can be recovered at a low price.
As the saying goes, you can never wake up a person who pretends to sleep, unless you lure him out of bed with benefits😀.
So, those friends who make money from memecoin and only participate in secondary market transactions, when you roll over next time, you can consider using a combination of meme coins and VC coins, and don't put all your funds on one coin. In this way, you can seize the opportunity to make a profit, and you can also defend and control risks when you retreat.
If the market has a correction, which sectors have greater potential?
Meme coin sector, public chain, and Solana ecosystem currencies are all worth paying attention to. In the Meme coin sector, PEPE and MEME currencies in the Ethereum ecosystem are the leaders. Their growth is sometimes amazing, especially when market sentiment is particularly high, and their performance is often unexpected.
In addition, smaller Meme coins such as Neiro, Goat, and Hippo are also worth paying attention to.
You know, the Meme topic has always been hot in the bull market. Although the market heat will change over time, the charm and topicality of Meme are always there.
Solana (SOL) Breakout Poised to Surge 900%: Will the Price Reach $1,900?
Solana’s price has been soaring recently, and the growth is really eye-catching, which has immediately attracted the attention of everyone in the cryptocurrency field.
According to Brave New Coin’s Solana Price Index, SOL is currently trading at $217, with a 5% increase in the past 24 hours. With this recent surge, Solana has become the third best performing coin among the top ten cryptocurrencies by market cap.
The rally began on November 5, ending a 234-day consolidation. Moreover, Trump’s recent victory in the election boosted market sentiment, pushing Solana’s price up another 14% to $224. This increase allowed Solana to successfully break through the $190-200 resistance level that had remained stable for nearly seven months.
Bitcoin pullback risk: Glassnode analysis shows that Bitcoin may soon experience a sharp pullback. If you have a profitable position, you can consider reducing it by one-third and wait until the price reaches a low level before taking it back to control risks.
Bitcoin ETF capital inflow: The US spot Bitcoin ETF has had a net inflow for 6 consecutive days, with an inflow of US$514.43 million, and funds have been flowing in.
Fear and Greed Index: The cryptocurrency fear and greed index has risen to 88, which means that the market is now in an extremely greedy state, with both risks and opportunities. It is recommended to reduce positions appropriately and control risks.
Tether issuance: Tether has issued US$5 billion in USDT in the past 5 days. Now the liquidity in the market is quite sufficient, and the dealer may pull the market at any time.
Altcoin rotation: When Bitcoin has a pullback or shock, the altcoin sector will rotate and soar. It is necessary to seize the start-up opportunity that appears every 15 minutes.
Potential of AI sector: Nvidia will release its financial report next week. By then, the AI sector is likely to start up. You can ambush FET, WLD, ARKM, RNDR and other coins in advance. BTC search popularity: In Google search popularity, Bitcoin ranks first. There are a lot of new funds entering the market. The bull market is still continuing. Don't short it. Keep a cautious and optimistic attitude.
Ethereum's trend is too weak! Many people are trading it this time, and they have high expectations for it, but the result is particularly disappointing, and the performance is really not good. Every time the Bitcoin (Big Pie) market is good, ETH seems to be abandoned.
At the 1-hour level, 3228 is the key resistance level above. If it cannot break through, it will have to continue to retreat and consolidate.
If the 3228 position can be stabilized during the day, then the resistance levels of 3257, 3310 and 3393 must be paid attention to above, and if the market breaks through, the probability of reaching 3310 is quite high. But if 3228 cannot be stabilized during the day and the market continues to retreat, you can consider shorting when the price is high, and the two support levels of 3156 and 3119 below should be paid attention to.
With an increase of more than 78% in 24 hours, the market value is approaching the important node of 9.4 billion US dollars! The digital currency market has seen another wave of amazing surges.
On November 14, the latest market data showed that PEPE rose by more than 78% in 24 hours. Now, the price of PEPE has risen to 0.00002432 US dollars, and the market value has reached an astonishing 9.391 billion US dollars!
Everyone, are you also shocked by the surge in PEPE?
PEPE is a value coin. If you want to gain benefits from it, you have to buy it and hold it firmly. I wonder if you have held it firmly?
I now have a feeling of "waiting for the clouds to clear and the moon to appear".
Yesterday was incredible. PEPE first appeared on the Coinbeas platform and immediately ushered in a wave of surges. Then it appeared on Korea's UP, and the popularity was further raised.
DOGE became popular before due to Musk's influence
Now, the Frog series is also starting to show its strength.
Everyone should pay attention to BOME in the same sector. It feels that it will make a big move next.
Is the bull market in the cryptocurrency market over? Not yet!
In the cryptocurrency market, the current bull market has not ended because the altcoin market has not officially started. From past experience, each round of the market ends with a surge in altcoins, which is the criterion for judging the end of the bull market.
In the bull or bear market, there are very few people who can really make money from the market, and there are very few successful cases.
This is because the bull market is a feast for those who are well prepared. Investors cannot wait until the bull market has come or is about to end before rushing to act.
This behavior is like shouting "bull market starts" when the market is rising, and then blindly following the so-called trend; or when a hot spot suddenly emerges and the price soars, impulsively enter the market without setting a stop loss. These behaviors are typical "leek" investment behaviors.
In the process of market operation, many people often find it difficult to control their emotions. When the market has a correction or decline, they often choose to sell their assets at the lowest price, which is a very common phenomenon in the market.
In fact, many investors were not fully prepared before the bull market came, and only noticed it when the bull market gradually emerged.
However, at this time, are there still opportunities in the market? The answer is full of uncertainty. The current market is volatile and ups and downs. If you act blindly alone, you will never find real opportunities in this market.
The market widely expects that the CPI annual rate in October will rise by 2.6% year-on-year, an increase of 0.2 percentage points from 2.4% in the previous month; the month-on-month rate is 0.2%, the same as the previous value. The year-on-year and month-on-month growth rates of core CPI remain stable at 3.3% and 0.3% respectively.
The impact of CPI data on the cryptocurrency market, especially on Bitcoin (BTC), cannot be underestimated. If the CPI data to be released is higher than expected, it is very likely to cause a short-term correction in the price of Bitcoin.
In this case, investors will re-examine the value of Bitcoin as a safe-haven asset, which is particularly prominent when the Federal Reserve may adjust the pace of interest rate cuts. Therefore, the release of CPI data will have a crucial impact on the short-term trend of the Bitcoin market.
On the contrary, if the CPI data is lower than expected, the expectation of interest rate cuts will be further enhanced, thereby enhancing the attractiveness of Bitcoin and driving its price up.
1. I feel that this will be a relatively mild horizontal adjustment. Bitcoin has fallen 10% from the top (to 81,000). I am optimistic that it will stabilize after a drop of about 6% (to around 84,500).
2. During this adjustment, or after the adjustment, there is a high probability of sector rotation.
3. The trading logic of the MEME coin listed on the exchange will be reshaped, which is different from the situation on the chain, and its sustainability will become stronger.
4. Pay more attention to the performance of ESB and those low-market-cap altcoins.
If price aligns with the macro pattern, DOGE could target $2.4!
Dogecoin has surged more than 200% in less than three weeks, thanks to Bitcoin's record-breaking rally. As BTC hits new highs, altcoins are also driven, with Dogecoin leading the way. This historic price surge has attracted the attention of traders and analysts, making people excited about the bull market potential of Dogecoin.
Well-known cryptocurrency analyst Ali Martinez shared technical analysis, emphasizing Dogecoin's upward trajectory and setting bold targets. If it is consistent with the macro trend channel, it may soon reach a target price of $2.4. If market dynamics and macro support are favorable, it may even reach $18 under certain conditions.
In the cryptocurrency market, news is the uncertain factor that influences its trends.
The state of the cryptocurrency market in November 2024 is excellent, making it the hottest month, with Bitcoin constantly reaching new highs, even surpassing the bullish market of 2021. This fully demonstrates the tremendous influence of news on the cryptocurrency market trends, and indicates that the so-called "experts" discussing moving averages and candlestick theory are not reliable.
Trump winning the U.S. election instantly ignited this wave of bullishness in the cryptocurrency market. From November 5th, Bitcoin opened at $68,645.5, and in just eight days surged to yesterday's $89,970.2, a difference of over $20,000.
The rise of Dogecoin is also directly related to Musk's full support for Trump's election, as Dogecoin surged to $0.4390 yesterday.
On November 12th local time, President-elect Trump announced that Musk and American entrepreneur Vivek Ramaswamy would lead the proposed "Department of Government Efficiency" (DOGE).
In fact, the subsequent trends of the cryptocurrency market will be influenced by every word and action of Trump. It is quite normal for Bitcoin to experience a pullback before breaking the $100,000 mark.
😀😀Avoid having nothing at the end of a bull market:
1. Don't overly expect a correction. If you think the price has reached its peak and choose to wait, you might miss out on opportunities for over 10x gains.
2. Understand profit-taking. Unliquidated earnings don't count as profits; investing profits into high-risk coins doesn't count as profit-taking, switching profits into mainstream coins or stablecoins is profit-taking.
3. Understand stop-loss. For coins that are continuously declining with no upward trend, you need to stop-loss, otherwise, you might miss the entire bull market.
4. Pay attention to speculation and sentiment. Bull markets are driven by speculation, finding eye-catching projects that are easy for retail investors to understand is more important.
5. Avoid being overly conservative. Don't let a minor negative news trigger bear market fear.
6. Don't frequently change positions. Strongly rising coins (like MEME, AI) will dominate the bull market cycle.
7. Don't try to predict the top, as it goes against your own greed.
8. The market is cyclical; don't think this time is special, and don't feel that opportunities are fewer in the next cycle; every cycle presents different opportunities.
The market sentiment is particularly FOMO right now, and many newcomers are rushing in hastily.
This market is moving fast and fiercely; in just a month, from the bottom of 5.8, it has already risen by 52%.
When the bull market truly begins, no other asset can offer returns as high as those in the cryptocurrency space. So, brothers, we must seize this opportunity quickly.
As everyone knows, the market doesn't only go up without going down. It's uncertain when the main force will start to adjust, and that's hard to say.
So our current strategy is to focus on short-term trades, following the trend; if we can make a profit, we take it.
Opportunities for good medium-term upward trends like last month are unlikely to appear again, so don’t keep trying to predict where the manipulators will top out.
There are quite a few entry opportunities in altcoins right now; we just need Bitcoin's liquidity to overflow, and then the altcoin sector will start to rotate. Recently, we should pay attention to the performance of meme coins, as retail investors' sentiment is concentrated on meme coins.
From the analysis of the short-term market rhythm of Bitcoin, its operating channel is opening downwards, which creates a trend for the price to test the bottom and free up space.
However, the price drop has already been halted, and there are also signs of recovering some of the previous losses.
From the perspective of trading volume, the bearish volume is decreasing, and the moving averages, after consistently trending downward, have now begun to turn upward. All of this indicates that the price of Bitcoin is warming up.
In the current four-hour timeframe, the price of Bitcoin has not risen significantly before dropping again, and it is now testing the low support levels.
At this time, the operating channel has also narrowed, with frequent conversions of long and short volumes, and the market's oscillation range has become smaller. Moreover, in the shorter cycles, this oscillation state has not changed; the short-term market is first fluctuating downward and then recovering slightly, with no continuation of the downward price trend.
Based on this market situation, the upcoming operational strategy mainly focuses on buying low, which means going long when the price is low.
For Bitcoin, if you go long directly, from a swing trading perspective, the target price can be seen at 91,000.
👇👇 Token Situation Overview DYDX It is the token of a decentralized derivatives exchange, currently attempting to break through the Vegas channel. If it can break through steadily, it might usher in a wave of bullish momentum. In this round of the bull market, it hasn't shown outstanding performance yet, but it has significant potential for future increases.
Neiro Currently, it is consolidating within a bottom range, with prices oscillating and no obvious breakout signals yet.
Pyth: The accumulation situation is quite good, and it is a decent choice within the Solana ecosystem, with potential developmental advantages.
Pendle: A token belonging to the Ethereum series, it has performed strongly in this round and is a token controlled by strong market makers, with considerable growth potential.
Render: Currently, it has a low risk-reward ratio, which means the relative risk is higher. Bome: It may take longer to consolidate, but the potential for future increases is still quite promising.
Myro: It is approaching the daily Vegas channel, and once it breaks through this area, it may initiate an upward trend. Turbo: The overall condition is quite good and can be considered a potential investment target. #牛回速归,晒晒你的持仓? #DOGE看涨情绪飙升 #比特币搜索热度攀升
Will Pepe Frog PEPE set a new historical high in this bull market?!
As a mainstream meme coin, Pepe (PEPE) has recently seen a strong price increase, reflecting an overall rebound in the cryptocurrency market. Its price growth demonstrates an increasing bullish sentiment among investors, who are confident in its further rise. Analysts believe that, in the generally optimistic outlook for the cryptocurrency market, altcoins will continue to maintain their growth momentum, with Pepe aiming for a potential increase of 30%.
Pepe Coin's price is expected to rise significantly, with hopes of reaching a 30% increase. Cryptocurrency analysts predict that it may soon experience substantial gains, with bullish prospects suggesting an increase of up to 30%. This meme coin seems poised to enter unknown price ranges. From market trends and indicators, Pepe Coin is preparing to break through previous resistance levels, likely demonstrating a strong upward trend. Many investors are closely monitoring it, anticipating a standout performance in the cryptocurrency sector. As enthusiasm in the cryptocurrency community continues to grow, we will see in the coming weeks whether Pepe Coin's bullish trend can be sustained.