Funds are starting to flow out! Is Bitcoin unable to hold up? As a participant in multiple bull markets, I will discuss the most likely trends in the crypto sphere!
An opportunity to make big with a small investment has arrived! These three meme coins are expected to be listed on Binance's spot market, and we can accumulate some during the correction.
What important benefits do Ray, JTO, and Solana have? Let's follow Shuqin to find out.
First of all, the most concerning question is how this round of Bitcoin bull market will unfold. As a veteran in the market, I can share my personal experience. The last bull market for Bitcoin also started to surge in October, rising from 10,000 in October to 20,000 by late November, doubling, then it faced a false breakout followed by a 20% crash.
This time, Bitcoin has doubled from 49,000 to now 100,000, and it is also at the end of November. Additionally, 100,000 remains a significant resistance level, so I am being very cautious here. If it can pull back to around 90,000 or 87,000, which is near the golden ratio, and then continue to rise, I would feel more at ease because if it just keeps rising without dropping, many funds would hesitate to enter, and some traders would also be afraid to go long, worried about being trapped. I actually hope it can pull back and then continue to rise, having a deep squat to accumulate strength would be perfect.
Let's go back to the last cycle. After a two-week correction, Bitcoin welcomed a larger rise in December, shooting straight to 40,000, and the market went absolutely crazy. However, Bitcoin suddenly plummeted by 30%, from over 40,000 down to 28,000, including a false breakdown that hit both bulls and bears, showing that the bull market in the crypto sphere is not going to be so smooth.
As a firsthand experiencer of multiple bull and bear markets, Shuqin wants to remind everyone that the bull market in the crypto sphere is indeed very fierce, but we also need to be cautious of larger corrections. I actually think everyone doesn't need to rush, after all, a bull market can last for a year, so do you think it's realistic for Bitcoin to reach 150,000 in just one or two months? So we should take it slow, befriend time, and holding each coin for half a year will naturally yield 3 to 10 times the return.
From a larger time frame, Bitcoin has 29 more halvings in its life, and each halving makes it more scarce. I suggest everyone buy one coin to keep for legacy, and when it’s passed down to the next generation in a few decades, they might live comfortably thanks to this crucial coin, or even make a comeback and become incredibly wealthy. That's the charm of Bitcoin.
Because there are only 21 million coins, the number of people who can afford a complete coin is decreasing, being able to buy 0.1 is already considered good. In the future, Bitcoin won't be sold as a whole coin, just like gold isn't sold by the ton. Gold is sold by the gram, and Bitcoin will definitely be sold by Satoshi in the future, where one Satoshi equals 0.00000001 Bitcoin.
So in the future, everyone will say they have 300 Satoshis of Bitcoin, rather than saying they have a few Bitcoins, which would scare others, because in reality, no one dares to say they have a few tons of gold, right? Here, Shuqin strongly calls on major exchanges to change the display of Bitcoin to Satoshis or other units after Bitcoin breaks 100,000 USD, which is similar to how stocks split when they rise significantly. The unit of one Bitcoin is simply too large; displaying it as 0.1 would motivate people to buy more.
Now that we've talked about Bitcoin, let's look at some good small coins.
Currently, Sol's performance among various chains is truly unique, with significant increases in both on-chain TVL and trading volume. The current correction is actually a good entry opportunity. The demand for its key on-chain ecosystems, Ray and JTO, is also very high.
Ray, fully named Raydium, is the largest DeFi on the Solana chain, with over half of its trading volume completed on Ray, making it very important.
If you look at the data, its weekly trading volume is actually similar to that of Uni, and its TVL is half of Uni's. But then look at the market cap, Uni's market cap exceeds 10 billion, while Ray has only about 3 billion, so Ray actually has some additional room for recovery. Everyone can accumulate some when it dips.
In addition, another coin with even greater potential on the Solana chain is JTO, which focuses on liquid staking on the Solana chain, with an annualized yield of 11%, and its TVL is as high as 3.5 billion USD, making JTO an important cornerstone of Solana, both in terms of data and application.
Currently, JTO has also proposed a distribution plan to allocate some protocol revenue to Sol stakers, and its current monthly revenue is 194 million USD with a fee rate of 2.7%, where 0.15% of the revenue, equivalent to 5% of protocol revenue, will be distributed to users, which is quite a good benefit.
So currently this is just a proposal, it hasn't been officially passed yet, so we can take positions on JTO when it dips, especially if BTC falls to around 87500, which is a buying opportunity for all coins. Then when JTO's proposal is officially passed later, it should experience a surge, and at that time you can sell the news and liquidate everything.
Besides Ray and JTO, the leading meme coin on the Solana chain, WIF, is also worth accumulating. This coin tends to fluctuate; it doesn't erupt all the time, but when it does, it can surge by one or two times, so it's best to accumulate some spot during this dip; it will eventually rise, it's just a matter of time.
I bought WIF at an average price of 2.3 USD and held it for a long time, finally waiting for a big explosion, selling at 4.633 and now planning to place a low order from 3 USD to 2.5 USD.
Shuqin got into Doge in October when Musk supported Trump, at that time it was 0.1. We sold at 0.41 on November 20 when the starship launched. Although it rose again later and I didn’t sell at the peak, I'm still satisfied because it increased fourfold.
Now we are waiting for Doge to have a deep correction before we buy in because I believe Dogecoin will surge again when Musk officially takes over as the Doge minister on January 20, and it might start to rise early in January. Besides, we have many other trending coins to layout and real-time contract operations, interested friends can come and take a look.
Additionally, many fans are asking me which coins are likely to make them rich overnight now that various coins have dropped so much. Shuqin has indeed observed a few, and these three coins have a very good chance of being listed on Binance's spot market.
According to the latest data from the prediction market P battle, PopCat, Moodeng, and Goat are the three coins most likely to be listed on Binance's spot market by the end of this year, with support rates of 24%, 13%, and 14% respectively.
The basic logic behind netizens nominating these three coins is that they have already been listed on Binance's futures, receiving preliminary recognition from Binance, so the probability of Binance listing them on spot later is relatively high. Whether they will eventually be listed, Shuqin has no insider information; Binance is also strictly monitoring this. We are just making rational analyses, and it is possible they may not be listed at all, so do not heavily invest. However, even if they are not listed, treating them as ordinary meme coins to accumulate wouldn’t be a loss, right?
In the past few days, Shuqin has seen some large whales starting to take profits around 100,000. Major exchanges have seen some net inflow in the past 24 hours, which means that the coins flowing into the exchanges are more than those flowing out, indicating that Bitcoin is likely to be sold when it flows from cold wallets to exchanges.
However, this net inflow is not large, and can only cause certain short-term fluctuations. After all, this month the major exchanges in the crypto sphere are still experiencing a large net outflow, and buying pressure remains strong. I think Bitcoin will consolidate until mid-December and can continue to rise, especially since the market has high hopes for Trump's announcement on January 20 that Bitcoin will become a national strategic reserve. By then, Bitcoin might reach 120,000 or even 140,000 USD, let's wait and see!
Please don't forget to give Shuqin a like and follow! Let's achieve financial freedom together in this round of bull market, keep going~
