A project in matcha and sesame, the bottom chips are very clean, washed for a long time
Today, CZ liked the AI intelligent chat related to education. CZ has been very interested in education recently. He liked the AI education. Do you think he will be listed on Binance? Now it is at the bottom. First-hand news
Yesterday, ETH's daily line retraced, dropping from 2670 to 2605 and closing at 2625. The current support is at MA90; if it breaks or tests MA30, consider taking a long position. The upper MA7 moving average creates pressure, with MACD bullish momentum decreasing and a death cross potentially forming.
On the four-hour chart, the 0.382 level has been tested multiple times, forming support; if it breaks, look towards MA200, where there are also opportunities to go long. The upper pressure is at MA7, and a breakthrough may reach MA30.
MACD bearish momentum is decreasing, and short-term near 2558 can take a long position, with rebound targets aimed at the 2650-2720 range. #ETH🔥🔥🔥🔥
Yesterday, the BTC daily line showed a doji pattern, with prices fluctuating between 66550 and 67850, finally closing around 67400.
Currently, the upper side is facing resistance from the MA7 moving average, while the lower side is supported by the MA14 moving average. If the price pulls back, consider going long near the support level. On the four-hour chart, MA14 forms short-term pressure; once broken, it may reach MA30. The lower MA90 provides support, and during a pullback, watch for long opportunities.
The MACD indicator shows weakening bullish strength, with a death cross trend; meanwhile, on the four-hour chart, bearish volume is decreasing, with signs of a golden cross emerging. For short-term operations, consider going long in the 66230-65680 range, targeting a rebound to the 66900-67400 range.
Choosing a meme The most important thing is to choose a narrative
Narrative is a very mysterious thing, and it is necessary to judge the value of the narrative in connection
For example, if Musk tweeted today that he had a lizard named eyah
Then the value of this narrative is very high, starting at at least 20m (assuming the chips are healthy), because Musk's close pet is very close to Musk, and the name of this pet is so unique, then the value of this narrative is very high
If Musk only posted an emoticon package of Big Head Son, then this Big Head Son may only be worth 3m
So this kind of narrative requires more judgment and review
In general, the narrative of independent IP has the lowest ceiling, because there is no reference to "previous high"
OM is currently testing the previous high support line of 1.41. If it cannot hold above 1.4 in the next few days and breaks below the support line, consider taking profit on part of your position. If it tests the support without breaking it, continue to hold.
However, this is just a short-term trading suggestion; for the medium to long term, the outlook remains bullish, and consider buying in batches on dips.
Some Trading Advice for Newcomers in the Crypto World Generally, there are two types of trading One is to earn money from cycles, which means during a bull market, by holding Bitcoin and keeping it for the long term, you can earn from the overall market increase.
The other is to earn money from volatility. By controlling leverage, after the BTC price falls into a suitable price range, establish a coin-based (Bitcoin-based) long position, stake Bitcoin to borrow some funds when the price is right, and then close the coin-based long position when the price rises, to increase the amount of Bitcoin held.
The first step is to find a trading style that suits you.
Typically, experienced traders in the crypto world usually have more coins and less cash, focusing on the cycles of the crypto market, popular sectors, on-chain data, and other indicators.
Tools you can use: Jin10 Data, PANews, Fei Xiaohao, Odaily, etc. You can also join popular communities, as they usually share hot trends in the crypto space daily, allowing you to stay updated with the latest news in the crypto world. The hardest part for newcomers is overcoming the information bottleneck.
Finally, preserve your principal and avoid all-in bets!
The MKR brand has undergone a significant upgrade, which is a very important update.
Currently, its coin price has corrected to a relatively reasonable range, making it a good entry point. From the candlestick chart, the price has also basically adjusted, sitting in a low-risk area, with a very low probability of losing money!
The greatest common divisor of consensus is the first principle.
For a zoo, what characteristics of a meme can attract the broadest consensus?
For AI memes, what characteristics of a meme can attract the broadest consensus?
The two may differ,
A zoo needs to have the greatest appeal in terms of image and community nature/leaders; AI memes need to have the greatest imaginative space and traffic appeal technically. #meme板块关注热点
The current altcoin BOME is at a relatively high value position of a 15-minute bottom divergence, but the market is declining due to a Bitcoin pullback.
Based on past manipulation methods of the dog owners, it is expected that there will be a second bottom test, meaning a rebound may only occur after a 15-minute double bottom divergence.
Currently, the altcoin ORDI is in a relatively good position for value at the 15-minute mark, and the major coin has also pulled back. According to past methods of manipulation by the whale, a second bottom test is likely to occur.
It is highly probable that the 15-minute double bottom divergence will trigger a rebound. #ORDIUSDT #ordi
1H Cycle Analysis: Market analysis, referring to the 1-hour chart. Given the unclear trend in the 4-hour chart, we shift to observing the 1-hour chart. Redefining the upward range, setting 2667 and 2568 as the upper and lower limits of the range. The current price is rebounding near the middle line of 2617.
I personally prefer to enter a long position in the more attractive 2568 area. If this point retraces and closes with confirmation, we can expect the price to rebound from the lower limit of the range to the upper limit.
1D Cycle Analysis: Current Trend Observation: Rising momentum is gradually weakening, showing signs of a top divergence.
Strategy Layout: Once the key support at 68050 is lost and confirmed, a short position will be executed.
For the current situation, the short position target is set: the primary profit point TP1 is at the 66600 level, and the secondary target TP2 is in the 65200 area. This round of shorting aims to capture the pullback opportunity in the rising trend.
As for the timing of the pullback entry, it is essential to patiently wait for the price to stabilize in the aforementioned support zone and confirm a rebound before entering, to ensure a robust strategy.
1. Binance really likes dogs, but not so much cats. 2. The dog sector has the highest market capitalization. 3. Frogs and cats appeared a year or two ago, while AI memes are the latest. 4. Hippos and similar ones did not make the list. 5. The uniqueness of the new AI meme sector is very strong. 6. The total market capitalization of memes is around 50 billion, which is 1/10 of the total market capitalization of VC coins; if this trend continues, the proportion will indeed increase.
ETHGlobal San Francisco Finalists: Overview of Investment Opportunities for Web3 Innovation Projects
Big news! Pay special attention to it! Future opportunities are here!
ETHGlobal @ETHGlobal recently released the finalists for the San Francisco 2024 competition, narrowing down to 10 projects from 223 projects. The following are the shortlisted projects and their brief investment and research introductions:
PumpRoyale: A global fitness challenge platform that allows users to participate by completing activities and win rewards from a loser pool, combining fitness with potential income.
Investment space: With the rise of the fitness industry and health awareness, this project combines economic incentives to attract user participation. Investors can focus on its user growth and engagement, and potential revenue models (such as subscriptions or advertising) are also worth exploring.