1. The Fed cut interest rates by 50 basis points, and all coin prices began to rise. Both mainstream coins and copycat coins are worth paying attention to.
2. The three major U.S. stock indices opened higher, setting new historical highs
3. There is a high probability of another interest rate cut in November. Pay close attention to the non-agricultural data. The opportunity is right in front of you. Seize it and you can profit from this bull market!
The second stage of the Bitcoin bull market in 2023-2025 may be almost ready
The interest rate has been cut, and the easing cycle has finally officially begun!
Whether it is A-shares or our cryptocurrency leeks, they have finally made it. It is hard to judge how the short-term trend will develop, but in the next three or four months, I personally believe that a copycat bull market will definitely start, and the interest rate cut will reduce the attractiveness of US dollar assets.
Including the decline in US bond yields, there will also be a considerable amount of liquidity funds, and these funds will flow into the stock market, cryptocurrencies and emerging economies. The performance of altcoins will be very important in the future.
The differentiation between the strong and the weak will become more and more obvious, which also means that our ability to select coins will be put to a higher test to select altcoins with hype expectations.
We must have a strong sense of the sector and closely follow the trend of hot money. After catching a wave of market conditions, we should quickly move our positions to ambush the next possible hot spot, and in this way, we can continue to increase our funds.
What do you think about the surge in SUI?
SUI has technical content. You can buy at the bottom when it plummets, but you can consider shorting when it soars.
64 million SUI worth $89 million will be released in 9 days. Stakeholder organizations and dog dealers will use the media + KOL matrix to create publicity.
Pull up the price, and then release it for shipment. So consider shorting when it is close to $1.55, and set a stop loss of 5% (the contract is high-risk, it is for reference only, and you need to make rational judgments on your own and bear the profits and losses at your own risk)
What do you think of ETH?
There is no problem if you buy ETH at $2500 with big funds. It is the second largest cryptocurrency after BTC and has also launched an ETF. The more bearish the market is, the better the opportunity to buy.
There is no problem in terms of daily and weekly charts
Can I play Binance's new coin CATI?
Mainly based on the short-term perspective, one of the issues that secondary investors are most concerned about is definitely the timing of short selling, after all, CATI's current price is at a high level.
CATI is a game, and the essence of a game is popularity. It is not difficult to find that the popularity and revenue of the games we usually come into contact with have increased year-on-year.
Nothing can be more popular than "listing on the largest exchange", so now may be the peak of CATI. When the heat gradually fades, the corresponding price will usually gradually fall back.
The answer can be found in historical experience.
Taking DOGS as an example, it has the same attributes as CATI. As a meme coin, the higher the popularity of DOGS, the more expensive it is.
When DOGS was first launched, it was the hottest stage and it did have a short rise. However, after a few days, or when the next new coin was launched and the heat was transferred, the price of DOGS continued to fall, and has fallen by more than 50% so far.
Therefore, you can wait 1-2 days before considering shorting CATI.
In addition, the popularity of the three meme coins launched on September 16 has begun to wane. After all, people's attention has begun to shift to CATI, so their prices have also begun to fall, which well confirms the point of view in the previous article.
Moreover, my current investment view on the crypto market is “buy new, not old”, and the gaming sector to which CATI belongs is an old sector.
