Although Bitcoin experienced a brief adjustment over the weekend, it is currently clearly in a stage of accumulating strength and is expected to end the adjustment soon and return to the upward channel.
For investors, now is a good time to hold spot. At the same time, the bottom of the high-quality altcoins are also worth investing.
After the meme coin craze, the spillover effect of funds will drive the altcoin boom. If you missed the meme coin market, then don’t miss the upcoming altcoin market.
However, it should be noted that although investing in altcoins has the potential for high returns, the market is highly volatile and caution is still required when choosing a currency.
Today's Market Highlights
BTC breakthrough and capital inflows ignite market enthusiasm again!
Against the backdrop of strong weekly inflows into spot ETFs, BTC’s successful breakthrough above the $64,000 mark has injected strong confidence into the market, demonstrating investors’ continued attention and investment in the cryptocurrency market.
1. The altcoin craze ensues!
Altcoins followed suit, and with the help of market sentiment, their prices continued to rise. This phenomenon reflects the overall optimism in the cryptocurrency market, and investors' expectations for various currencies are constantly heating up.
2. Market leaders shine
The two major projects, BRETT and BOME, performed well and their prices soared, attracting the attention of many investors. These leading currencies injected new vitality into the market and led to a wider investment boom.
3. Market capitalization and trading volume both surge
The global cryptocurrency market capitalization increased by 1.95% to $2.23 trillion. At the same time, total market trading volume surged by 15.27% to $52.87 billion, showing that the market's activity and liquidity continue to improve.
This period is a great time for investors to pay attention to the crypto market and not miss out on potential opportunities!
Deep thinking about the US election results and the market: How will it evolve in the future?
1. Trump’s presidency seems inevitable
At present, it seems that the possibility of Trump’s re-election is extremely high, which will have a significant impact on the market.
2. Behind the 50 basis point rate cut
The 50 basis point rate cut in September is clearly the Fed's support for the Democratic Party, weakening Trump's campaign promise to "cut interest rates as soon as he takes office." Judging from the data and common sense, a 25 basis point rate cut is already radical, and a 50 basis point rate cut is beyond expectations.
3. Market cycles and election results
According to historical cycles, U.S. stocks usually start to fall about three weeks after a rate cut. But this time the situation is different: after the results of the U.S. election are announced on the 7th, if Trump is successfully elected, the possibility of a market crash is minimal.
4. The possibility of a slow recovery in the US stock market
Therefore, the U.S. stock market will most likely recover slowly, and Trump’s early days in office may bring about a wave of rising prices.
5. The interactive relationship between the US stock market and the cryptocurrency market
As long as the U.S. stock market remains stable and does not experience a sharp decline, the cryptocurrency market will also rise steadily and usher in more investment opportunities.
This period is full of uncertainty, but it also contains huge potential. Investors should pay close attention to market trends and seize upcoming opportunities!
Bold speculation about the future: bullish trend and the rise of meme craze
1. Signs of a bullish market outlook
The current performance of the market is more like a buildup of momentum after high consolidation, rather than a long downward adjustment. The possibility of consolidation for more than 200 days is very small, and the market is preparing for a wave of rise.
2. The rise of meme coins and market narratives
In the current market, meme coins have undoubtedly become the most powerful narrative driver. As traditional investors lose confidence in VC coins, meme coins have taken on the responsibility of the market alone and attracted the attention of a large number of investors.
3. The main force of diversion from Web2
At present, the main driving force for the shift from Web2 to the crypto market comes from TON and SOL. TON attracts users with telegram games, while SOL performs better in infrastructure and developer community. I am confident in the development prospects of SOL and expect it to break through its historical highs with a high probability.
4. The meme craze isn’t over yet
I believe this wave of meme craze is still far from over. Pay attention to the following signals for clues:
(1) 2-3 new meme coins enter the top ten in market capitalization;
(2) A large amount of venture capital began to enter the meme market;
(3) Meme coin applications like Moonshot have entered the top five popular lists. SOL has more room in the meme field because new investors are pouring in faster and the FOMO effect is becoming more obvious!
5. The potential of memes and the development of DeFi
Even if it is not listed on a large exchange, meme coins can still reach a market value of billions. The rise of meme will bring opportunities for the development of decentralized exchanges (DEX) and other DeFi infrastructure, impact traditional centralized exchanges (CEX), and accelerate the vigorous development of DeFi.
In this wave of market conditions, investors should seize the opportunity and pay close attention to market changes!
Recommended popular currencies, seize the market trend!
1. 【MEME】section
- Pay attention to these potential meme coins: POPCAT, WIF, 1MBABYDOGE, NEIRO, MEW, BRETT, TURBO, NEIROETH, BOME. They are creating a craze, don't miss it!
2. [RWA] sector
- HIFI: In the real world asset (RWA) space, HIFI is definitely worth a look with strong growth potential.
3. [AI] Section
- WLD, ARKM: The rise of AI technology has made these two currencies the focus of the market, and their future development is promising.
4. [Oracle] section
- PHB: As a leader in oracles, PHB demonstrates strong capabilities in data transmission and inter-chain interaction.
5. [Public Chain] Section
- SUI, SAGA, APT: These three public chains will lead the future in ecological construction and technological innovation and deserve long-term attention.
6. [ETH Ecosystem] Section
- CELO, UNI, TURBO, NEIROETH, ENA: These projects are active in the Ethereum ecosystem and have bright prospects. Don’t miss them!
7. [BTC Ecosystem] Section
- 1000RATS, ORDI, BB: They have shown extraordinary potential in the Bitcoin ecosystem and have become the new favorites of investors.
8. [SOL Ecosystem] Section
- WIF, POPCAT, NEIRO, 1MBABYDOGE, BRETT, BOME: These projects in the SOL ecosystem are attracting more and more attention and have great potential in the future!
9. [BNB Ecosystem] Section
- TWT: In the Binance ecosystem, TWT has been a standout performer and is set to become an important investment target.
These currencies are currently on the cusp of popularity. Make appropriate arrangements and enjoy future dividends!
