The market is getting better slowly. It was depressed at first and then rose in September, and it is reversing step by step. Don't be anxious. From the perspective of K-line, this kind of monthly K is very comfortable. Once it starts, it will be two consecutive big positive months!

There was a sharp drop at the beginning of August and a sharp rise in the middle of the month. There was a sharp drop at the beginning of September and a sharp rise in the middle of the month. Economic capital speculation failed twice, and the market fluctuated. The coin price came back, and the retail investors' positions were gone. The iron fan's long order of 58,500 was cut at 54,000 and the short order of 59,000 was trapped again. My mentality is about to collapse. This year's coin circle is too weird and different from the previous ones. The market was pulled up before the interest rate cut, and it may not fall too much after the interest rate cut. It may fall back to 3,000-4,000 dollars. Bitcoin has been falling and adjusting for 6 years. October seems to be a big rise, except for a small drop after the interest rate cut at 10.5. There is no reason for the decline during the news window period.

Bitcoin's price fluctuations this week were mainly affected by external news. As the difficulty of mining increases, the market is optimistic about the future rise of Bitcoin. Although Bitcoin has rebounded, it has not formed a large-scale continuous upward trend, but mainly fluctuated slightly. Although the current price performance of Bitcoin is relatively stable, it is likely to rise again in the short term and is expected to return to above $70,000.

The 4 major altcoins that will increase 20-100 times in the bull market!

图片

HIM

Amid ongoing regulatory uncertainty, Uniswap (UNI) is showing signs of a potential bullish reversal. The technical chart shows the formation of a falling wedge pattern, which typically indicates upward momentum. As the price approaches the apex of this wedge, traders are closely watching for a potential breakout that could push UNI's price to $16, a 139% increase from its current price of $6.78.

图片

This bullish outlook depends on prices breaking through key resistance around $9 and heading toward $16. A breakout seems increasingly likely as market participants await the outcome of congressional hearings, which could impact the future of decentralized finance (DeFi) in the United States.

TREES

The meme coin on the Solana chain, SOL is the super public chain that has been hyped violently this season, and it is extremely popular. BOME is the second meme coin that has exploded on the SOL chain, and it will continue to rise with the popularity of SOL.

BOME is the second coin in the frog coin sector that has truly become popular in the secondary market of the coin circle, similar to the status of SHIB in the dogecoin sector. BOME has frequent actions and has always been very popular. A project party that does not like to stir up trouble is not a good project party. Frequent actions are conducive to the project party to increase popularity and improve consensus

The current point is still at a bottom position from the daily line. As long as the big cake does not continue to collapse, this position is near the bottom of BOME. And you can choose to buy the bottom position by position.

图片

PEOPLE

Although the creation of the PEOPLE token was closely linked to the plan to bid for a copy of the U.S. Constitution, the failure of this plan did not affect the position of the PEOPLE token in the market. The PEOPLE token, which is currently trading at a stable price, continues to attract investors' attention. With the popularization of the concept of decentralized autonomous organizations and the increase in community-driven projects, the value of the PEOPLE token is expected to be further enhanced.

图片

PEOPLR has no floor price and is closely related to ETH. It is indeed easy to pull up the market with a small market value. In the recent wave, PEOPLE can easily rise by more than 10 points. PEOPLE belongs to the US election sector and can continue to be hyped until the end of the US election in November. The current market value is 400 million, and the price-performance ratio is very good.

TRX

TRON (TRX) is currently hovering between $0.15 and $0.16 as bears exert pressure. Although it is currently struggling to break through the $0.16 resistance level, there are signs that the situation may be in TRX's favor. With a solid gain of 17% in the past month and more than 20% in six months, TRON has the potential to break through its key $0.17 resistance level.

图片

A break above this level could signal a new growth phase. TRX’s current price action suggests that in the long run, it could continue its momentum if it stays above the $0.14 support level. In the long run, if the bullish momentum gains momentum, TRON could experience a surge of up to 380% by the end of Q4.