Market


Bitcoin hit a high of 64,700 yesterday and then fell back under pressure. The key resistance point of BTC is at the high point in August, which is 65,000. Once this level is broken, the bottom of the daily chart will rise successively and the top will also rise accordingly, which is what we usually refer to as an upward trend.

The current market is a paradise for memes. Apart from various memes, there are still no new narratives in the market.

The market entered the correction phase on April 1st, and as of the end of this month, it will be a full six months of adjustment. During this half year, I have been suffering just like everyone else, and have been baptized by this market. Fortunately, I don’t play contracts. Although the profits have been lost, at least the coins are still there. I still believe that they will slowly rise back. Now I just need to wait for the market to come, and the current market has begun to improve!

Back and forth, what is tested more is human nature, patience, and whether we can bear the torment brought by the wash! Many friends cut their losses and left the market in this process. There is no other way. Maybe most of them need to make a living, and not many people really use their spare funds to play.

Over the past week, the on-chain market of the ETH mainnet can no longer be described as simply "lively". Bao's interest rate cut has revived the already active on-chain market: there is a golden dog every day, and there are two or three waves of market every day on weekends. The mainnet Gas also soared to around 70Gwei. It is expensive to breathe on the chain.


As for the recent on-chain market, it is more accurate to describe it as "separatist chaos". The weekend, which is fleeting in the eyes of workers, is quite saturated and fulfilling for on-chain players.


However, as the market has evolved, new concepts are obviously not enough to satisfy PVP’s enthusiasm. The Meme market has upgraded from “finding concepts” to “rolling angles”: as soon as a new hype concept appears, various tokens with the same name emerge like mushrooms after rain, and various new, old, big and small self-justifying angles take turns to play.




The next two meme events are predictable and have a money-making effect.

First, Cz's cousin will be released at the end of September. I haven't checked the exact time. There is no need to ask about Cz's meme. The market will have new ones. The community was relatively good before, and I have never heard of this concept.

Second, whether Trump can become the president of the United States will be announced in early November this year. If he is elected, related concepts such as Maga, Trump, and Fight, which have absolute community support, will definitely be hyped. At present, they have fallen a lot. After all, the early stage was very crazy. These tokens are very likely to be hyped before the election results are announced. These tokens are definitely opportunities

Meme is very pure and simple, without so many routines. As long as it has popularity, traffic and discussion points, it will grow.


Several core elements of Chongtu Dog:


1) Ensure there is enough ETH or SOL on the chain

2) Get information quickly and have fast hands

3) Focus on core OGs, such as Musk’s keyword tweets (trolls, Mars, etc.)

4) M to MM withdrawal of principal

5) Basically all KOLs are at a peak point.

Last Saturday, with Musk’s vision for Mars and space exploration, the “Mars Tide” meme became the hottest topic in recent days. The following is a summary of the key related tokens:

1- TERMINUS is a project based on Musk's concept of "the first city on Mars". It has recently attracted heated discussions due to the participation of KOLs. Its market value continues to rise, becoming a hot topic among Mars concept coins. (Leader)

2- Term‍inus lowercase - a choice with lower market value and higher cost performance.

3- Spacewalk - Although Mars is not mentioned directly, the long-term plan implies that there is a space exploration concept behind it. The market generally believes that it is affected by the fluctuations of the Mars concept.

4- Robotaxi - Related to Musk’s vision of future transportation, autonomous driving and space travel.

5- $BAR - Musk responded to a tweet on July 4 regarding the name of the first city on Mars.

6- MARTIAN - From Martian cities to Martians, a common theme.


Other Mars concept coins: THOG WOW ASTEROID Starshi MuskHotel, WeChat: xy368975