China's blockchain power: a list of five core token projects

When it comes to "China concept" token projects, many people will think of some representative domestic public chain projects. These projects have not only attracted widespread attention in the domestic market, but also occupied a place in the international market.

CFX
As a representative project of domestic public chains, CFX has chosen a challenging track, so it has attracted much attention from the market. Although the market regards it more as a "China concept coin" and some even jokingly call it an "alternative meme coin", CFX has still achieved considerable results. At the end of September, Conflux officially announced a strategic cooperation with WSPN to jointly issue the first native stablecoin WUSD in the Conflux ecosystem. As Conflux co-founder Yuanjie said: "WUSD will be the first stablecoin natively issued on Conflux and will pave the way for CNH and HKD stablecoins."

NEO & ONT
The Chinese team has made many achievements in the field of public chains, among which the NEO project was one of the stars at the time. NEO not only has a market value of billions of dollars, but also has attracted widespread attention due to its early open source time. The ONT project created by the same team turned to the field of decentralized identity (DID). Although the subsequent development was not satisfactory, it is still regarded as a project with "Chinese concept attributes and genes".

Ankr & FIL
Web3 infrastructure provider Ankr is also an old player in the blockchain field. The project has not only received a lot of financing, but has also been active in the crypto market. At present, the total TVL of Ankr's access liquidity has reached 83 million US dollars. As an important project of the decentralized storage network, FIL once soared to 237 US dollars. Recently, FIL has reached a cooperation with Aethir, which will be committed to solving the problem of GPU scarcity and responding to the increasingly severe challenges in the fields of AI and Web3 by providing GPU rental services integrated with the Filecoin decentralized storage network.

$CFX $NEO $ONT
#大A香还是大饼香

比特币上涨超过 40%难掩颓势

今年，比特币 (BTC) 的表现令人瞩目，上涨超过 40%，超越了主要股指、固定收益证券、黄金和石油。然而，这样的增长并未能掩盖其高波动性的弊端。

虽然比特币在收益方面表现出色，但其收益与波动率比率仅为不到 10%，明显低于黄金近 20% 的行业领先水平。高盛的数据强调，这一比率是评估投资每单位风险回报的重要指标。相较而言，黄金不仅稳定上涨，绝对值也增加了 28%。

高盛还指出，类似以太坊、日本的 TOPIX 指数和 S&P GSCI 能源指数等资产，其收益与波动率比率同样较低。这支持了加密货币怀疑论者对比特币过于波动、不适合作为避风港的观点。

这种低风险调整收益也解释了为何在市场不稳时，如中东紧张局势加剧期间，黄金能够保持强势，而比特币却大幅下跌。

#大A香还是大饼香

The End of Ethereum

Ethereum faces unprecedented challenges in the face of competition from Solana and other L1 chains. Its business model is overly dependent on high transaction fees, which makes change difficult. Vitalik is caught between the conflict between ideals and investor needs.
Although Ethereum promised decentralization, it actually moved towards centralization. The concentration of the block builder market has frustrated the concept of decentralization, which has weakened the security and original intention of the network.
To meet these challenges, Ethereum needs to open up its development process and reduce the influence of large investors. Acknowledging that it is only part of a multi-chain world will help shape the future. In addition, more block builders need to be incentivized to participate and profitability needs to be reduced. Although governance controlled by a few people makes reform difficult, this is not the end, but a new beginning, an opportunity to seek revival and reinvention.

#以太坊生态meme币 #

Who is the "father" of Bitcoin? HBO documentary will reveal the secret

On October 4, documentary producer Cullen Hoback and HBO recently announced the upcoming documentary film "MoneyElectric: The Mystery of Bitcoin", which attempts to decipher the identity of Satoshi Nakamoto. "MoneyElectric: The Mystery of Bitcoin" will be broadcast on HBO on October 8. The film interviews people who claim to have been in close contact with the founder after the release of Bitcoin, who said that Satoshi Nakamoto may not be one person, but a group of people.

The suspects include the late software engineer Hal Finney, the computer genius Len Sassaman who suffers from depression, the system engineer Dorian Nakamoto, the computer scientist Nick Szabo, and the inventor of Hashcash Adam Back.

The prediction market Polymarket data on October 7 showed that the probability of Adam Back being considered as Satoshi Nakamoto in the HBO documentary was 21%, exceeding Len Sassaman's 20%. However, Adam Back himself responded on X many times, refusing to admit that he was Satoshi Nakamoto and saying that it was just a joke. The latest prediction market Polymarket data on October 8 showed that the probability of Len Sassaman being considered as Satoshi Nakamoto in the HBO documentary rose to 24%, surpassing Adam Back's 12.5%.

#HBO纪录片或揭示中本聪身份

Scroll (SCR) will be listed on Binance Launchpool soon

Launchpool details
Start time: SCR mining will start at 08:00 (UTC+8) on October 9 and end at 07:59 (UTC+8) on October 11, for two days. Token distribution: The total amount of SCR is 1 billion, the initial circulation is 190 million (19%), and Launchpool will allocate 55 million tokens (5.5%). Among them, BNB mining pool will allocate 85% of Launchpool tokens, and FDUSD will allocate the remaining 15%. Trading time: Binance will open the SCR pre-market at 18:00 (UTC+8) on October 11, and the spot trading opening time will be notified separately. For detailed rules and participation procedures of Binance pre-market, please refer to the relevant announcement.

Price estimation
According to Aevo pre-market data, the latest transaction price of SCR is 1.653 USDT, corresponding to a circulating market value of US$314 million and a total diluted market value (FDV) of US$1.65 billion.
By backtesting Binance's historical Launchpool, we found that the average annualized return of the Launchpool in the past 20 periods was 103%, which is equivalent to an absolute return of about 0.6% for two days of mining. This means that the reasonable price estimate of SCR is 1.15 USDT, corresponding to a circulating market value of US$218 million and a total diluted market value of US$1.15 billion.

#币安LaunchpoolSCR #大A香还是大饼香

$SUI

[Buy and sell points]
Buy point 1: 1.9500 USDT (considering that EMA(30) is at 2.0082, the price has medium-term support, but the short-term trend is bearish, and it is expected that it may test near this support level)
Buy point 2: 1.9000 USDT (the lowest price has reached 1.7141. If the market continues to fall, 1.9000 can serve as a strong psychological and technical support level)
Long stop loss point: 1.8800 USDT (give enough space to buy point 2 to avoid small fluctuations triggering stop loss, while considering the additional psychological support below the round number mark)
Sell point 1: 2.0500 USDT (above the current price, combined with EMA(7) and the previous rebound high, it can be regarded as an initial resistance level)
Sell point 2: 2.1000 USDT (close to the highest price of 2.168, if the market can recover to this level, it may face greater selling pressure)
Short stop loss point: 2.1200 USDT (leave appropriate space to exceed the selling point two to deal with possible breakthroughs)

[Price trend analysis]
K-line pattern:
Recent K-line shows large price fluctuations, such as the long upper shadow at 16:00 on October 7, indicating strong selling pressure, while the short real body and nearly equal upper and lower shadows at 21:00 on October 6 may indicate market uncertainty.
Technical indicators:
MACD indicator: The latest MACD value is negative and DIF is lower than DEA, which is usually regarded as a bearish signal. KDJ indicator: The J value is 18.46, compared with the K value of 31.09 and the D value of 37.41, there are signs of oversold, but no clear reversal signal has appeared yet. EMA indicator: The closing price is below EMA (7), suggesting that the short-term trend is bearish. However, the closing price is above EMA (30), indicating that there is still support in the medium term.

Volume:
The volume is significantly increased in certain periods (such as 22:00 on October 7), accompanied by price increases, which may indicate strong buyer power. The volume has gradually decreased in recent cycles, indicating that the market activity has decreased, and the subsequent trend needs further observation and confirmation.

#非农人数大幅升温 #9月小非农数据高于预期 #美联储11月降息预期升温

True decentralization, in the vegetable market in Africa

The son of the Prime Minister of Uganda founded a Crypto organization a few years ago. Several "second-generation officials" who studied in the UK and the US and tech geeks got together to do several small projects related to Crypto, such as peer-to-peer transfers of Crypto using mobile phones without smart apps in places without 3G networks. Africans understand Africans better. Most of their locals are using non-smart phones that can only make calls and send text messages. Since many Africans do not have bank accounts and are unwilling to travel half the city to find a Western Union or a few banks for transfers and remittances, the locals' remittance method is simple and crude: mobile phones based on USSD technology can directly remit money to friends by sending text messages, and everyone's mobile phone number is their "wallet"/account, and the balance of phone bills is the account balance.

I followed a friend from this organization and personally experienced the smooth "registration, KYC, and transfer" process: I bought a $50 mobile phone from a telecom operator next to the Kampala vegetable market, lined up, and the counter staff had operated the KYC process thousands of times. The whole process took 3 minutes. The staff helped me recharge the "phone bill" with cash; there are a large number of fixed and mobile official/unofficial Kiosks (kiosks/service points) in the village. When you want to "withdraw cash", you go to the "villager representative" on duty at the Kiosk, send him a text message to transfer money, and he will give you cash. "Recharge" is the opposite process. The whole process is smooth, and it is all point-to-point, there is no third party, and there is no trust issue at all. This product and process is not only in the capital, but has been deeply rolled out in the vast rural areas.

Bitcoin's year-end price surge is hanging

After a period of volatility, Bitcoin (BTC) has rebounded to $63,000, and the market is full of expectations for its performance in the fourth quarter. But pressure in the derivatives market may become an obstacle to its substantial rise.
Although Bitcoin's speculative advantage currently remains at 2.5%, showing a certain stability, traders are beginning to tend to short Bitcoin in the short term, which may weaken its long-term upward momentum.
In March, when Bitcoin reached its all-time high of $73,000, the open interest (OI) exceeded $30 billion for the first time, and in July it hit a new high of $37.22 billion. But this overheated market sentiment caused the price of Bitcoin to quickly fall back to $54,000 within a week.
In the past 24 hours, as Bitcoin tested the $63,000 level, a large number of short liquidations occurred, which may lead to a price adjustment in the short term. Although bulls currently dominate the derivatives market, it is still challenging to turn this short-term adjustment into a long-term reversal, that is, the price reaches $75,000.
Bitcoin is currently in a fragile state given the uncertainty in the derivatives market. If the pressure in the derivatives market continues, Bitcoin may encounter resistance around $64,000.
$BTC

【CoinShares Fund Flow Report】
Overall Market Dynamics
Total Outflows: $14.7 million
Market Sentiment: Investor sentiment weakened due to higher-than-expected economic data.

Bitcoin
Outflows: $15.9 million
Short-term Bitcoin: Inflows: $2.8 million Bitcoin continues to be the focus of investors, and despite the large outflows, short-term Bitcoin products show the opposite trend.

Multi-Asset Products
Inflows: $2.9 million
Number of consecutive weeks of inflows: 16 weeks
Cumulative inflows: $431 million Multi-asset products have achieved inflows for the 16th consecutive week, with cumulative inflows reaching $431 million, accounting for 10% of assets under management. This shows that investors are increasingly inclined to diversify their investments rather than single assets.

Regional Dynamics
Canada: $43 million inflows
Switzerland: $35 million inflows
U.S.: $209 million outflows
Germany: $8.3 million outflows
Hong Kong: $7.3 million outflows
Inflows into the Canadian and Swiss markets suggest that investors in these regions are optimistic about crypto assets, while the U.S., Germany, and Hong Kong saw outflows.

Ethereum
Outflows: $2.9 million Ethereum was not immune to the outflow trend, and investor interest in the asset appears to remain subdued.
$BTC $ETH

$FTT
[Buy and sell points]
Buy point 1: 2.4500 USDT (considering the hammer pattern that appeared at 20:00 on October 5, there may be support near this price)
Buy point 2: 2.3900 USDT (the low point area between 22:00 and 23:00 on October 4. If the price drops further, it may attract buying intervention)
Long stop loss point: 2.3600 USDT (leave enough space to avoid small fluctuations triggering stop loss. At the same time, the price is lower than the buy point 2 and close to the low point earlier on October 5)
Sell point 1: 2.5500 USDT (EMA(7) and EMA(30) are currently located, as a short-term selling reference)
Sell point 2: 2.6000 USDT (the recent high point area. If the price can rise back to this point, it may face greater selling pressure)
Short stop loss point: 2.6500 USDT (exceeding the highs of recent days, if the price rises to this level, it may mean stronger upward momentum)


[Price trend analysis]
K-line pattern:
Recent K-line shows that price volatility has intensified. A hammer pattern with a long lower shadow appeared from 21:00 to 22:00 on October 5, suggesting a possible reversal. There was an obvious long real positive line from 17:00 to 18:00 on October 4, indicating strong buying power.
Technical indicators:
MACD indicator: The latest MACD value is negative and DIF is lower than DEA, indicating that there is downward pressure in the short term. KDJ indicator: The J value has exceeded 80 in multiple time periods, entering the overbought area, which may indicate an imminent correction; the current K and D values ​​are both sluggish, and no golden cross is seen, which is a short-term bearish signal. EMA indicator: EMA (7) has been above EMA (30), but the gap is gradually narrowing. If EMA (7) falls below EMA (30), it may confirm that the medium-term trend has weakened.

$EIGEN
[Buy and sell points]
Buy point 1: 3.190 USDT (Considering that EMA(7) is at 3.136, the price has support above this level, and the low end of the recent oscillation range is about 3.190, which can be regarded as a potential buy point for a short-term rebound)
Buy point 2: 3.080 USDT (A lower point appeared at 12:00 on October 6. If the price falls back to this level, it may attract buying orders. It is also near the low point of several hourly K lines in recent times)
Long stop loss point: 3.050 USDT (slightly lower than buy point 2, providing enough space to avoid small fluctuations triggering stop loss. At the same time, 3.053 is the lowest price in the recent cycle. Breaking down may mean a deeper correction)
Sell point 1: 3.300 USDT (The current price is already in a downward channel. 3.300 USDT is a recent relative high point. It can be used as a position for initial reduction of positions or short-term selling)
Sell point 2: 3.430 USDT (the high point reached at 20:00 on October 5. If the price can test this resistance level again and fail to break through, it can be regarded as a good profit-taking point)
Short stop loss point: 3.450 USDT (slightly higher than the second selling point, giving the market room for fluctuations. At the same time, exceeding this price may indicate a change in market sentiment, and the short-selling strategy needs to be re-evaluated)


[Price trend analysis]
K-line pattern:
The recent K-line shows that price fluctuations have intensified, especially the long upper shadow line appeared from 04:00 to 06:00 on October 5, indicating that there is selling pressure in the market. From 21:00 on October 5 to the latest data, the K-line entity has gradually shortened, and the length of the upper and lower shadows is different, reflecting that the power of buyers and sellers is balanced and the market tends to hesitate.

Technical indicators:
The DIF and DEA values ​​in the MACD indicator are close to and fluctuate near the zero axis, and the height of the MACD bar chart decreases, suggesting that the momentum is weakened and it may enter a shock or turning stage. The KDJ indicator J value is 69.09, which is higher than the K and D lines, indicating that it may be overheated in the short term and we need to be alert to the risk of callback. The EMA indicator 7-period EMA (3.136) is lower than the 30-period EMA (3.241), and the short-term moving average is below the long-term moving average, indicating that the short-term trend is relatively weak.

$SUI
[Buy and sell points]
Buy point 1: 1.7200 USDT (considering the support of EMA(7) and EMA(30), the price may rebound at this level)
Buy point 2: 1.7000 USDT (near the recent low point, if the price drops further to this level, it can be regarded as a more attractive buying opportunity)
Long stop loss point: 1.6830 USDT (slightly lower than the lowest price in the recent cycle, providing enough space to avoid small fluctuations triggering stop loss)
Sell point 1: 1.7500 USDT (the resistance level that has been tested many times recently but failed to break through, suitable as an initial profit-taking point)
Sell point 2: 1.7650 USDT (the high point area after 00:00 on October 5, if the price can rise to this level, it may face greater selling pressure)
Short stop loss point: 1.7750 USDT (above the second selling point, giving the market enough room for fluctuations, and also an important high point in the near future)


[Price trend analysis]
K-line pattern:
The recent K-line shows that price fluctuations have intensified, especially from 17:00 to 21:00 on October 4, when a large price amplitude appeared, indicating that there is uncertainty in the market.
From the recent hours, the price has fallen back. For example, from 11:00 to 17:00 on October 6, the closing price was lower than the opening price, forming a series of short real negative lines, suggesting that the seller's strength has increased.

Technical indicators:
MACD indicator: The latest MACD value is positive (0.0011), but both DIF and DEA are close to zero and DIF crosses below DEA, which may indicate a potential trend reversal.
KDJ indicator: The J value (44.09) is higher than K (42.93) and D (42.35), but it is in the neutral area as a whole, and no obvious overbought or oversold signals are seen.
EMA indicator: The current price is slightly higher than EMA (7) and EMA (30), indicating that the upward trend has not been completely reversed in the short term, but we need to be alert to the risk that EMA (7) will soon cross below EMA (30).

The trading volume has gradually decreased since it reached its peak at 20:00 on October 5, which is consistent with the price trend, indicating that the upward momentum has weakened.
The trading volume has been stable but not high in recent cycles, and there is a lack of obvious volume expansion, which may mean that market participants are in a wait-and-see mood.

$BTC

The current market is consolidating in the range of 61,800 to 62,400 USDT, and the daily K-line pattern shows strong bottom support. It is expected that CME will lead the market trend when it opens tomorrow morning. The key points are as follows:

- Buy point: 61,000 USDT, 60,000 USDT
- Stop loss point: 59,500 USDT
- Sell point: 62,500 USDT, 63,500 USDT
- Stop loss point: 64,000 USDT

⚠️ Please note that the above points are for reference only and do not constitute specific investment advice. The market is risky and investment should be cautious.

📈 The market may usher in a wave of rising prices in the short term. Pay close attention to CME dynamics and seize trading opportunities.
#Cryptocurrency#MarketAnalysis #TradingStrategy

[Main code: ETF turns to net inflow, please pay attention to this price range]
According to the statistics of major orders, since the release of US non-agricultural data last night, BTC majors have traded $16.25 million in buy orders and $13.61 million in sell orders. The difference between the two sides is small, which means that the main direction is still unclear and needs to be operated with caution.

BTC 45-minute cycle probes EMA24. If it effectively falls below EMA24, the short-term price may continue to fall to $61,500. If it does not effectively fall below EMA24, the price may rebound to $62,500. Please pay attention to the following price range:
Support range: $61,500~62,000, there are $27 million in buy orders in this range
Pressure range: $62,500~63,000, there are $53 million in sell orders in this range
Other data:
1. After experiencing three consecutive trading days of net outflow, the US spot BTC ETF turned to net inflow again, which means that the main force may be optimistic about the BTC market again.
2. The Coinbase premium index fluctuates around the 0 axis, which means that the main direction of the US market is unclear.
$BTC $ETH

$APT


[Buy and sell points]
Buy point 1: 8.90 USDT (considering the narrowing gap between EMA(7) and EMA(30), the price may test the recent support level)
Buy point 2: 8.80 USDT (if the price drops further, it will be close to the low point of 17:00 on October 3, which can be regarded as a strong support area)
Long stop loss point: 8.75 USDT (leave enough space to avoid triggering stop loss due to small fluctuations, and at the same time, it is lower than buy point 2 to protect capital)
Sell point 1: 9.20 USDT (the current price is close to the highest price and can be used as an initial profit target)
Sell point 2: 9.30 USDT (exceeding the highest price in the recent cycle, it is expected that the seller's pressure will increase, which is suitable as a target with higher returns)
Short stop loss point: 9.35 USDT (above the selling point 2, giving the market enough room for fluctuations to prevent false breakthroughs)

[Price trend analysis]
K-line pattern:
Recent K-lines show that price fluctuations have intensified. A long upper shadow and real body appeared at 23:00 on October 4, indicating that buyers tried to push up prices but failed to maintain them, and then prices fell back. From 17:00 on October 3 to the latest data point, there is no obvious continuous specific K-line combination such as cross stars, hammers or shooting stars, but the overall trend is oscillating downward.
Technical indicators:
MACD indicator: DIF and DEA are both above the zero axis in recent cycles, but the MACD value is negative and gradually approaches zero, suggesting that the long and short forces are beginning to balance, which may indicate a trend change. KDJ indicator: The J value fluctuates greatly in different time periods, but generally tends to be around the midline 50, indicating that the market has no strong trend. The current K value is lower than the D value, and the market may be under certain pressure. EMA indicator: EMA (7) is always above EMA (30), indicating that the upward trend will continue in the short term, but the gap between the two is narrowing, reflecting the weakening of the upward momentum.
Volume:
The volume gradually decreased after reaching a peak at 15:00 on October 4, which usually means that the upward momentum is weakening, and we need to be alert to the potential risk of price correction. The volume has been relatively stable in recent hours, with no obvious increase or decrease in volume. The market participation has remained consistent, and the price may continue to fluctuate around the current level range.

$SUI


【Buy and sell point】
Buying point one: 1.7200 USDT (the recent price has support at this level, and EMA(7) is slightly higher than this price, which can be regarded as a potential buying point for a short-term rebound)
Buying point 2: 1.6900 USDT (the price significantly pulled back to this area after 09:00 on October 4th, and formed a short-term stability, which can be used as a more conservative buying point)
Long stop loss point: 1.6800 USDT (below the buy point two and taking into account the possible fluctuation space, set below the obvious psychological mark and the previous low)
Selling point one: 1.7500 USDT (above the current price and close to the 30-period EMA, it can be used as a preliminary lightening or short-term selling point)
Selling point two: 1.7700 USDT (The price has encountered resistance at this position recently. If it can break through, it may further test higher levels, but you should also be cautious about possible pullbacks)
Short stop loss point: 1.7800 USDT (two above the sell point, providing enough space to avoid small fluctuations triggering stop loss, and is an important resistance level for recent prices)

【Price Trend Analysis】
K line shape:
The recent K-line shows large price fluctuations. From 23:00 on October 3 to 00:00 on October 4, a hammer head pattern with a long lower shadow appeared, and then the price rebounded. Between 16:00 and 17:00 on October 4 and 06:00 and 07:00 on October 5, the price experienced a correction after a rapid rise, forming a pattern similar to a high meteor line, suggesting a possible top signal.
Technical indicators:
The MACD indicator DIF is lower than DEA in the latest data, and the MACD value is negative, indicating that there may be a bearish trend in the market in the short term. The J value in the KDJ indicator deviates greatly from the K and D values, indicating that the market may be over-bought or sold. In recent cycles, the three KDJ lines have begun to converge, which may indicate that the market will enter a state of shock consolidation in the future. The EMA indicator shows that the 7-period EMA (1.7263) has fallen below the 30-period EMA (1.7403), which is usually regarded as a signal that the short-term trend is weakening.
Volume:
When prices fluctuate significantly, such as from 23:00 on October 3 to 00:00 on October 4, the trading volume is significantly enlarged, which may mean that there is substantial support behind the price changes. Trading volume has been relatively stable in recent hours, and there has been no abnormal volume, indicating that the current activity level of market participants has not changed drastically.