I believe everyone has witnessed how powerful Neiro is on Binance. Shuqin has been looking for the next potential coin. Well, I finally found one, which is quite promising.

In addition, the flow of funds in the cryptocurrency circle has reversed significantly. What are the smart money doing? And what potential coins are about to soar? Let's follow Shuqin to find out.

The first is the overall flow of funds in the cryptocurrency circle, please see the picture.

The figure shows the changes in the ratio of the positions of long-term Bitcoin holders to short-term Bitcoin holders. We can see very intuitively that the chips are constantly changing hands. Smart long-term players have entered the coin hoarding mode, only buying and not selling, and constantly absorbing the chips of short-term players who are cutting their losses.

The last time such large-scale fund accumulation occurred was at the end of 2022. At that time, Bitcoin rose from 15,000 to 50,000, more than tripling. Then long-term players began to distribute at high levels, continuing to sell chips to retail investors at high prices until May.

This wave of position building and distribution is very ruthless, so don’t underestimate these old leeks, they are all very smart. As we just said, these people are hoarding coins again, but the price of coins has fallen in the past few months. This is a bullish divergence, so the real big market is still to come, don’t do the opposite.

Now there is a high possibility of a huge positive news for the cryptocurrency circle, that is, the Russia-Ukraine conflict that has lasted for nearly three years is finally expected to end, which will be a huge boost to the capital market.

Just over the weekend, Zelensky said he would present a "victory plan" to end the conflict at a meeting in Germany on the 12th. The plan outlines "clear and concrete steps for a just end." This may bring practical progress, so everyone can look forward to it.

Okay, after talking about the overall market, let’s take a look at some good small coins.

Now many people ask me if there is any coin that has the chance to be listed on Binance and can make them rich overnight?

You know, if a coin can be listed on Binance, it is definitely the most glorious moment in its life. After Neiro was listed on Binance, Shuqin has been thinking, who will be the next one?

Na Shuqin did some research and found out that this coin is actually quite valuable, that is, SunDog which has already had its callback.

This coin is the leader of the Tron chain, with a very low market value. Compared with other Tron chains with market values ​​of tens or even hundreds of billions, SunDog only has a market value of 200 million, and its image is particularly interesting, mocking Sun Yuchen. And the most important thing is that this coin has the support of the Tron ecosystem, and Sun Yuchen is also a celebrity in the industry, with good relationships with all parties, so Shuqin speculates that when the market is good later, SunDog is likely to be listed on Binance.

We don't have any inside information about this kind of thing, but SunDog is definitely one of the ones that seems to have a better chance, because the probability of other small coins being listed on Binance is really very small, which is at least better than looking for a needle in a haystack.

Even though many people say that Justin Sun is unreliable, he is still very concerned about his project. Just look at the performance of his TRX, it seems like it has been going up all the way, and even in August it broke this year's high in March. It can be seen that he must have invested a lot to protect the market.

So even though Justin Sun is making big cuts, he usually starts cutting when the bull market reaches its peak, so it is still safe now.

Speaking of K-line, SunDog's K-line is actually quite good. From a macro perspective, it has pulled back to the bottom support of 0.2, which is nearly 50% lower than the previous high, which is a good opportunity to enter the market. In the short term, it has formed a double bottom, which also indicates a certain upward trend.

Moreover, Justin Sun often leads the market when the market is good, such as in the rebound in August, he was shouting every day. So when the market picks up later, he will probably come out and shout again.

But we can't go all in blindly, because we should also pay attention to Sun Ge's reputation, so we must not hold a large position in SunDog. It is enough to allocate 5% to take a gamble, and no more than 10% at most.

In addition, the election section has gradually become increasingly heated, and bigwigs like Musk even changed his profile picture to Maga.

Then he changed his pinned signature to support Trump, and showed up at Trump's rally over the weekend. With the support of other bigwigs, this election topic is definitely the biggest hot spot this month, and the heat will continue to rise.

Therefore, election-related coins such as People or Maga are very worthy of ambush. For example, the People that Shuqin called for bottom-fishing last week has risen from around 0.5 to more than 0.7. It is really a good deal.

I think it still has the momentum to continue to rise before the end of the month. So you can seize this pullback and cover your position at a low point.

The positive news of WLD that we have been emphasizing has caused it to continue to rise from 1.5 to 2u, an increase of more than 30%. In addition, we also bought the bottom when Pepe pulled back, when it was just over 0.08.

Because I said that once the war panic dissipates, the cryptocurrency market will definitely rebound. In the past few days, Pepe has risen above 0.1 again, and the increase in just a few days is as high as 20%. Now it has adjusted back a little, and I think there is still room for improvement around 0.09.

So it is not difficult to make money in the cryptocurrency circle. There are many opportunities every day. It depends on whether you have seized them. Those who want to operate together can come and have a look.

Okay, let’s continue.

The interest rate market on Wall Street has collapsed again. There is absolutely no chance of a 50 basis point rate cut at the beginning of next month, while the probability of a 25 basis point rate cut is 93%, and there is even a 7% probability of no rate cut.

However, although the short-term interest rate cut has been reduced, the long-term interest rate cut is still very large. By mid-next year, the cumulative interest rate cut will be 175 basis points, which is greater than the 150 basis points of monetary easing during the epidemic period.

So don’t doubt it, the bull market in the cryptocurrency world will definitely come, but it may be a slow bull rather than a wild bull, and it will rise slowly as countries around the world flood the market with money.

In the short term, the market is very worried about the resurgence of inflation because the latest employment data is really surprising. It has doubled from the previous value of 140,000 to 250,000, which is very scary.

But those who understand know that this is probably someone beautifying the data for votes. But no matter what, such a high number of employment makes the inflation data on Thursday particularly critical.

The previous CPI value was 2.5%, and the market expectation was 2.3%, which shows that the market is very optimistic.

The previous value of core CPI was 3.2%, and the market expectation was also 3.2%. In summary, the market was not particularly panicked by this data.

Personally, I think there is a high probability that the CPI will decline this time, which is good news, because it is the last inflation data before the election. Some people will definitely embellish it and hype it up, so everyone can look forward to it on Thursday.