Will Bitcoin see malicious market tonight? Diamond bottom has not appeared yet? Which altcoins are worth investing in before the October bull market takes off?
Yesterday, Bitcoin rose slightly, and fell rapidly in the early morning. There was no negative news on the fundamentals, and the daily trend remained healthy. It is expected to continue to rebound during the day, and you can follow up appropriately. The interest rate cut cycle is coming, and you should make necessary defensive preparations when the interest rate cut just begins. Bitcoin and Bitcoin follow BTC to consolidate synchronously, and the trend is better than BTC. It is expected to continue to rebound during the day, and you can consider continuing to follow up. A new round of rising cycle is coming soon. Intraday market analysis:
BTC 1-hour and 4-hour levels are below healthy levels, and the daily level is below healthy levels. In the consolidation stage, the daily level trend is still there. Pay attention to the support of 58,000. The big cycle continues to be bullish. The lower support is 57,500-58,000 during the day, and the upper resistance is 60,800-61,300. It is expected to continue to rebound during the day, but pay attention to the support of 58,000. If it falls below 58,000 and fails to recover quickly, the market will weaken.
Does BTC have a banker? The answer is yes, of course there is. And now the dog bankers are getting more and more popular. Who are the dog bankers?
He is not a person, or a group of institutions, but institutions with common interests, including but not limited to: exchanges, investment institutions, asset management companies, market makers, etc., and the pockets of the leeks are their target
This is also what many people often say, whether you can monitor your account, your orders are placed in, the dog bankers will insert in the opposite direction, the leeks are the food on the plate and the meat in the bowl of the dog bankers, the leeks and the dog bankers are always opposites, as a leek, you must know yourself, understand your position, and your own trading strategy
In this market, never think that you can make money forever, and no one can do it. You should be content to drink the leftover soup of the dog bankers
HOOK started to rise in volume today. The recent correction range is large. It has been consolidating at the bottom for many days. It may explode in the short term. Today's rise is expected to be related to CZ's imminent return.
CZ has been paying attention to the education sector before. The education sector is expected to achieve high explosive growth in the near future. HOOK is the leading currency in the education track. It has a very high growth space, and the large-cycle wash is relatively thorough. The circulating market value is low. It is expected to continue to rise in the short cycle, so it can be focused on.
This coin is a coin from the bull market in 2021. It has also fallen by dozens of times. It has fallen from the highest 35U to 0.39U for almost three years. This coin is a game chain and has an NFT ecosystem. The total amount is fully circulated. The market is not very good until now. It has risen from the bottom 0.39 to 1.69U, and now it has returned to 0.8U. Although it is fully circulated, the game sector in this bull market has not been very active so far. The market value is around 10 billion, which is not low. There is not much advantage. The best altcoin is a few hundred million market value, and it can’t be too old. Otherwise, there is a high possibility of delisting. 👀 Near q1un + Wei: L20240098, no matter what coin, you have to look at the direction of the big cake. If the big cake falls, the altcoin will be miserable. Can this coin be ambushed? Of course, you can ambush a little and there may be surprises. #MegadropLista #BTC走势分析
This coin was released in 2022, and it is not performing well in the current bull market. Although it followed a decent pull-up last time, it has been difficult to stabilize the price. After all, there are still a large number of coins that have not been fully unlocked. This risk always exists, so it is difficult to maintain the price. In addition, the price of the coin is not what leeks like. Leeks like coins with multiple 0s, like the coins in the meme area. Besides, the timing of this coin is not good. It came out after the bull market in 2021, and then faced a few years of bear market, and this coin can only fall with it. Timing is really important. 👀 Near q1un + Wei: L20240098, for example, next year is a bull market, and the coins that came out at the end of the year before the bull market fell a lot, so the possibility of pulling the market is relatively high. There is no hype for coins that have been separated for too long, and the market value of this coin is not low as a small copycat. It is also one of the reasons why it cannot fly. #MegadropLista #BTC走势分析
It is a Web3 game platform that aims to improve the user experience of Web3 game interconnection and become a link between Web3 games and gamers, so that players can not only log in and play in any Web3 game, but also NFT game props in different games can be circulated with each other, even games that are not on the same chain can be realized. Games are a huge market, and half of the world's people play games. Blockchain games are still in their infancy and have huge development prospects.
This coin has been falling since its opening. On the opening day, it hit a record high of 4.4 and a record low of 0.71, a drop of 83% from the highest price. It bottomed out on May 24 and reached a record low of 0.71. 👀 Nearly q1un + Wei: L20240098, and then fluctuated upward. On June 3, it rose to a high of 1.26, breaking through the highest point in nearly two months, indicating that it has entered the rising channel. It has adjusted sharply in the past few days, and last night it hit a low of 0.73, which is a good time to buy. Because it peaked at the opening, it continued to fall, which led to a lot of criticism for this coin. But sometimes the most criticized ones are the ones that rise the most. The current circulating market value is only over 100 million, and it won’t take much money to pull it up. I think it will break through its historical high of 4.4 in one or two months. #MegadropLista #BTC走势分析
Floki Inu (FLOKI) is one of many canine meme cryptocurrencies inspired by Tesla CEO Elon Musk (such as Shiba Inucoin and Dogecoin), which first went public in the summer of 2021.
Since its launch in 2021, FLOKI aims to be a comprehensive movement covering Web3 products, charity, and its native cryptocurrency FLOKI. FLOKI is available on both Ethereum and Binance Smart Chain. Floki has established partnerships with major players such as the World Table Tennis Association, TokenFi, Binance Payment, Thena, Alibaba, etc.
With its core team representing the interests of the community, FLOKI runs on the Ethereum network, Floki Features and Advantages Floki Coin has a variety of features that distinguish it from traditional currencies and other cryptocurrencies. 👀 Near q1un + Wei: L20240098, a defining feature of Floki Coin is its community governance model. Floki Coin holders have a say in the decision-making process regarding the future development and direction of the project.
Floki's strong momentum indicates that it has huge room for growth in the future. Breaking new highs is just the beginning of Floki's glorious journey! #meme板块关注热点 #MegadropLista #BTC走势分析
The full name is BounceBit, which is a BTC re-pledge chain designed for Bitcoin. It solves the trust problem of the underlying BTC assets through multi-party custody and creates BBTC for DeFi interaction on the Bounce mainnet. Native BTC assets are used to participate in low-risk arbitrage strategies of various centralized exchanges. Revitalizing the BTC ecosystem will reduce transaction fees and release the financial potential of BTC, enabling it to be used in more scenarios such as DeFi, games, and social networking. Its token BB was issued on the 13th of last month. On May 20, it hit a record low of 0.29, 👀nearly q1un + Wei: L20240098, and then began to rise significantly. On the 6th of this month, it hit a record high of 0.86, and then fell sharply. The lowest price last night was 0.63. The upward trend has not changed, and it is expected to reach 1.5 by the end of the month. #MegadropLista #BTC走势分析
The size and overall activity of the Polkadot (DOT) ecosystem has been growing rapidly. With over 820 million DOTs staked and over 25 million DOT tokens issued by the treasury, Polkadot has become a significant player in the cryptocurrency space. The recent price surge has pushed DOT above $7 and has found strong support.
Polkadot has gained 13% in the past week. Over 820 million DOTs staked and a large amount of fiscal grants received. It is predicted that DOT could reach $10.66 by the end of 2024. Polkadot's fundamentals are strong, and bullish indicators such as the relative strength index (RSI) and moving average convergence divergence (MACD) suggest that Polkadot could achieve significant growth in the long run. 👀 Near q1un + Wei: L20240098, therefore, Polkadot is positioned as one of the best cryptocurrency investments in 2024. #MegadropLista #BTC走势分析
It is estimated that there will be another sharp drop in the next two days, or a continuous fluctuation and fall. "Don't touch contracts and leverage"
After observing the history of all coins, there is a probability of more than 80%. When the entire cottage industry falls in a unified and large amount, it will not only exist for one day. This rare situation usually occurs for two consecutive days.
If a single currency plummets, it may only be one day, and the decline may stop the next day, but it was not the case yesterday. 👀 Near q1un + Wei: L20240098, yesterday's situation was that the entire market was plummeting. When this happens, it means not only one day, but two consecutive days. Pay attention to tonight. #MegadropLista #BTC走势分析
Last night, the market plunged sharply, and I bought some new coins and recovered some losses... The reasons for choosing the target for bottom-fishing are included.
The strength and weakness of altcoins can be better seen in the plummeting market. For example, when the big cake rebounds, it rebounds more, and when the big cake goes sideways, it continues to rebound.
Some coins follow the decline but not the rise. At this time, go long on strong coins and short on weak coins.
In the rebound market, a very classic line drawing often appears. Every time it rebounds a little, a negative line will appear to step back to the previous level of structure. Sometimes after stepping on two or three steps, the latter step may be deeper than the former step, and the previous "break stop loss" order may be knocked out.
So if you interpret the rebound of the strategy in the box oscillation stage, you can set the stop loss to be slightly wider than the previous low. 👀 Near q1un + Wei: L20240098, (sharing an idea, not absolutely suitable for different situations)
Bottom-fishing FOXY, ULTI, W, ORDI recovered some blood, and the idea is not complicated.
FOXY The total market value is still very low, less than 100 million US dollars, can you believe it? Linea TVL has been growing, and the circulation of top meme is only 30%, follow the trend.
ULTI I see that some people are very confident in Dianyang + the structure can be gambled. When the big cake stops falling and goes sideways, the volatility is still large + the trading volume is high. I guess it is not necessary to follow the decline. In addition, the Dianyang project is really good at PUA. It is still in the routine until the listing of the coin, guiding most people to rush into OKX, temporarily closing the withdrawal, and then GATE opens high to pull the market... Such a ruthless dealer should have good chip control. It is a dealer that is gentle on the surface but very ruthless in reality.
W It was relatively strong before the decline, and it was inserted into the daily level chip concentration area, with a narrow stop loss. In addition, I know that some Singaporean friends may be trapped in this coin and will soon get their money back. Copy their bottom hehe. #MegadropLista #BTC走势分析
Analysis of the reasons for the sharp drop in the cryptocurrency market this morning and the opportunity to buy at the bottom
Analysis of the reasons for the sharp drop
1. Impact of CFTC data The latest weekly Commitment of Traders (COT) report released by the Commodity Futures Trading Commission (CFTC) of the United States is one of the main reasons for the sharp drop yesterday.
2. Market strategy of hedge funds Hedge funds have a huge influence in the market, and their trading behavior often guides the market direction.
3. Contradictions of ETF capital inflows Although a large amount of funds have flowed into Bitcoin ETFs recently, the price has not risen significantly, indicating that there is a large selling pressure in the market.
4. Market leverage risk The use of market leverage has played a role in fueling the sharp drop. When there are sharp fluctuations, the risk of leveraged trading is magnified, resulting in a chain liquidation reaction, further exacerbating the price drop. 👀 Near q1un + Wei: L20240098, everyone should avoid high-leverage trading to prevent risks.
Bargain Opportunity 1. FET (soon to be merged into ASI) - Support level: $1.80, extreme support level: $1.6 - Potential: As a representative project of the AI sector, FET has great growth potential. 2024 is regarded as the first year of AI, and another wave of FOMO is expected.
2. PEOPLE coin - Support level: Current small support level is $0.1, extreme support level is $0.75 - Suggestion: Hold until the climax of the US election in November 2024 and sell, which may usher in a market boom.
3. ORDI coin - Support level: Band support level is $55, extreme support level is $45-43 - Strategy: Spot holders can sell in batches and use market fluctuations for band operations.
4. TRB coin - Support level: Current small support level is $100, extreme support level is $81-60 - Suggestion: For investors who can hold for the medium and long term, consider allocating some positions.
5. BOME - Plan: The current weekly trend is not good, and the plan is to sell at $0.017. The long-term entry plan is in the range of $0.01-0.009. - Strategy: Although there is a 75% increase in profit, the position is not large. Investors can arrange in this range and wait for the market to recover.
Summary In the current market environment, despite the sharp fluctuations, there are still opportunities to buy at the bottom. Everyone should conduct sufficient research and risk assessment and choose the right currency for layout. #MegadropLista #BTC走势分析
FLOKI, the meme-inspired cryptocurrency, has grown from its initial playful homage to Musk’s Shiba Inu. At the heart of the Floki ecosystem is Valhalla, an NFT gaming metaverse where players can earn rewards for participating in activities such as battles and asset trading. Floki’s price has shown weak bullish momentum amid the current market consolidation, causing it to retreat from a high of 0.000313. This downward trend has caused the “meme coin” to fall by 160.0000259 and its market value to $24.4 billion.
If supply pressures persist, the coin may fall another 20% to seek support at the ascending trendline. 👀 Near q1un + Wei: L20240098, this dynamic support line has maintained a bullish trajectory for nearly three months and is expected to restore weak bullish momentum for Floki. Once it rebounds from this support level, Floki’s price may break through the $0.0000313 ceiling and continue its upward path #ETH #新币挖矿 #BTC走势分析
As a cryptocurrency based on a popular online meme, SHIB was born as a fun tribute to Doge. The core value of SHIB lies in its strong social media influence, its strategy of reducing supply by burning tokens, and its constantly improving ecosystem.
On the daily candlestick chart, 👀 near q1un + 威: L20240098, SHIB's price has steadily recovered driven by the rising trend line. This momentum has lifted it from the low of 0.0000183 on April 13 to 0.000024, a 40% increase.
Shiba Inu currently has a market value of $14.7 billion, while its 24-hour trading volume has dropped to $250 million. If the aforementioned support level can be maintained, buyers may break through the swing high resistance of 0.00003. This breakthrough will further confirm the shift in market sentiment from selling on the rise to buying on the pullback. The rebound after the breakout may push the asset to 0.000038 or even higher to 0.000054. #ETH #新币挖矿 #BTC走势分析
Terra (LUNA) emerged as a new blockchain network in May 2022 after the collapse of the original Terra blockchain. The new Terra network aims to address the design flaws of its predecessor. Terra (LUNA) is currently trading at $0.6725, with a 20% price increase over the past month.
The recent positive trend comes after Terraform Labs, its founder Do Kwon, reached a settlement with the U.S. Securities and Exchange Commission. 👀Recent q1un + Wei: L20240098, Despite a downward trend over the past year, the monthly chart shows the potential for a significant rebound. #ETH #新币挖矿 #BTC走势分析
Uniswap (UNI) is another top altcoin to consider in the next bull run. Despite some volatility, the long-term outlook for this Ethereum-based cryptocurrency is bullish. Uniswap experienced a surge after the proposal to share the platform's revenue with stakers was made, but enthusiasm faded due to regulatory scrutiny from the SEC.
Currently trading at around $9.5, Uniswap has shown resilience, gaining 44% in the past month and 100% in the past year. The token's fighting spirit against regulatory challenges makes it a solid investment option. #ETH #新币挖矿 #BTC走势分析
Pepe is my most obvious choice for this cycle, here are what I love about Pepe:
Every influencer and creator is pushing the Pepe narrative. When mass retail returns and listen to their YouTube and TikTok, Pepe will be a familiar name.
Since it is a memecoin, 100% of its supply is in circulation. Many short-term scalpers may have exited, and I bet the holder base is huge.
I believe Pepe will be a great way for Coinbase to bring retail business to their upcoming new wallet. 👀 Near q1un + Wei: L20240098, Pepe is not listed on either Coinbase or Kraken in the US. What a great way to bring retail business to the chain! #ETH #新币挖矿 #BTC走势分析
A leader in the RWA space, $ONDO is up 80% in 30 days and still showing positive momentum.
OndoFinance improves on the current DeFi to TradFi track and provides access points to real-world assets, 👀nearly q1un + 威:L20240098, bringing institutional-grade products on-chain. Its position is further consolidated as it continues to develop. It also transferred about $100 million in assets to BlackRock's new tokenized fund.
As one of the important infrastructures of blockchain technology, Chainlink (LINK) has become a popular choice in the digital currency market due to its bullish nature. In the recent week, the price of LINK has risen by 20% and is heading towards the high of this month, currently trading at $17.6. 👀Recently q1un + Wei: L20240098, the token has a clear upward trend and is expected to break through the resistance zone of $18.39 and $19.18, further reaching the $22 mark. #ETH #新币挖矿 #BTC走势分析
BOME, as a star Meme coin on the SOL chain, currently has a market value of only $700 million, but its potential should not be underestimated. With the rise of the Sol chain, we have reason to believe that BOME is expected to become the next trend-setting Meme. Its trend has already shown a cup-handle pattern, and once it breaks through the previous high, its upward space will be extremely broad.
The future of BOME is full of infinite possibilities. Darkfarms1 and his team are constantly exploring and developing new features, such as testing of token destruction applications, which will allow users to destroy BOME tokens, 👀near q1un + Wei: L20240098, and have the opportunity to receive airdrops. In addition, BOME is also planning to develop a CC0meme art distributor to support more artists and projects. #新币挖矿 #BTC走势分析 #MegadropLista