On the board:
Yesterday, the market experienced a wave of correction and then rose. The daily line showed a "long needle" feature. The current market is in a high-amplitude sideways consolidation stage. In the short term, the market is expected to fluctuate between 63,000 and 57,000.
The price has recently fluctuated around 60,000, with strong support and pressure. A long upper shadow line appeared on August 21, indicating that there is a lot of selling pressure from above.
Technical indicators:
MACD: The current DIF is higher than DEA, but the MACD histogram shows that the bullish force is weakening and there is a risk of a pullback.
RSI: RSI14 is close to the overbought zone (52.2), but has not entered the extreme zone. We need to pay attention to whether it will continue to rise or fall. EMA: EMA7, EMA30 and EMA120 are in a bullish arrangement, but in the short term, the price falls below EMA7 and may test the support of EMA30.
Volume:
The trading volume increased significantly from August 20 to 22, especially the heavy volume increase on August 21 and then fell back, indicating that market sentiment fluctuated greatly. Volume has decreased in recent cycles, indicating an increase in market wait-and-see sentiment.
Short stop loss point: 62500 USDT
In the focus
The hot launch of the domestic game "Black Myth: Wukong" not only set off a craze at home and abroad, but also led to the rise of related stocks.
The Web3 field also took advantage of this opportunity to launch a series of activities.
Now many people are looking towards blockchain games. Many people around Dao Ge are wondering whether blockchain games will have a boom and whether the cryptocurrency game sector can take advantage of the momentum.
So pay attention.
After all, Wukong is so popular that it can be found on almost all platforms, including YouTube and TikTok. As the first domestically produced 3A game, even the central bank has come out to support it. It can be said that Wukong is the most popular game today.
Moreover, the interest rate will be cut in September.
One thing you need to understand is that in the cryptocurrency altcoin market, blockchain games are not necessarily the protagonist in every bull market, but they are also an extremely eye-catching sector.
In addition to blockchain games, you can also pay attention to these points:
As the PUMP activities of major chains are about to emerge, it is expected that the market will repeat the hype of the full-chain inscription craze. It is recommended to participate in the PUMP activities of the top five chains in moderation in the early stage, but be sure to convert them into Bitcoin after making a profit to lock in the profit.
Market trend analysis:
Since August last year, the irrational fluctuations after the New York market opened have become more and more obvious. This phenomenon is nicknamed "U.S. stockization." This is actually a sign of increased institutional participation. Bitcoin transactions are becoming increasingly mature and the market is becoming more rational. Short-term trading becomes more difficult and requires more patience to avoid falling victim to liquidity traps.
However, in the long run, this indicates that the market cycle will be extended and may enter a long-term slow bull market, while the altcoin market may be more vulnerable to a bear market due to liquidity shortages.
From the Meme sector to the Sol chain craze, to the retail resistance of VC coins, to the rise of small coins with low market value in the current BN contract market, the frequent flow of funds has highlighted the problem of liquidity shortage in the currency circle. VC institutions and large funds are eager to reproduce the bull market, but if there is no substantial benefit or user growth, the altcoin may not escape the fate of a cyclical bear market.
Regarding potential coins, in fact, we must understand one thing: Binance is the biggest dealer. Whoever it wants to rise will rise. If you want to make money, just follow Binance's rhythm.
1. Sector-wide concentrated launch strategy
Binance tends to launch multiple projects in the same popular sector in succession to create market hotspots and promote trading activity.
For example, NOT, BANANA, TON, and DOGS of the Ton ecosystem have recently been launched one after another; AXL, W, and OMNI of the chain interoperability sector followed closely; RONIN, PIXEL, MAVIA (contract), and PORTAL of the GameFi sector were also launched in a short period of time.
In addition, TAI, ALT, DYM in the modular sector, and JUP, PYTH, TNSR, W and other projects in the SOL ecosystem also demonstrate Binance's strategy of centralized support for sectors. This reminds us that when the first project of a new sector is launched, high-quality projects in the same sector are more likely to be favored by Binance.
2. Follow the new narrative and capture the new bull market sectors
Most of the new projects launched on Binance focus on emerging sectors in the current bull market, such as TON ecology, Layer2, AI, Bitcoin ecology, ETH Restaking, chain interoperability, SOL ecology and modularization. It is worth noting that although some sectors already existed in the last round of bull market, they have been reborn in the new cycle due to new market expectations, such as GameFi and MeMe sectors. Therefore, if you want your project to be favored by Binance, you need to keep up with the new market narrative and focus on emerging and potential sectors.
3. Leading the trend and tracking hot spots
The sectors launched on Binance are deeply influenced by the current market trend. When GameFi was popular at the beginning of the year, Binance responded quickly and launched related projects intensively; in March, MeMe culture prevailed on the SOL chain, and BOME and WIF were immediately launched on Binance. Recently, the Ton ecosystem has become a hot topic, and Binance has also followed the trend and launched multiple Ton ecosystem projects. This shows that when a sector becomes a market hotspot, its internal projects are more likely to receive support from Binance. The Binance coin listing team's preference for hot spots, new sectors, and multiple projects in the sector is obvious.
To sum up, grasping the rules of Binance listing, keeping up with new market narratives and hot spots, and focusing on emerging and potential sectors will help us more accurately predict and capture the next wealth code.
#MtGox钱包动态 #BTC #新币挖矿DOGS #sol
