Good news: CNY and A-shares no longer follow the US stock market! Under the stimulus of the central bank’s “three-pronged approach” of lowering interest rates, lowering reserve requirements, and lowering mortgages, A-shares rushed directly into KTV from 2,700 points and successfully won 3,000 points. It is not an exaggeration to say that it rode a rocket. Gold also touched the record high of $2,668 per ounce! The gold price hit a record high, indicating that the US dollar has depreciated severely; Bitcoin also rebounded to $65,000, showing its potential as a store of value! September was indeed just a false crash month. If the average monthly return rate in September was -5%, then the average return rate in October was +22.90%…
The Bit Party is absolutely loyal!
When I posted yesterday, the technical indicators of Bitcoin were all bearish and shaky. Who knew that after I posted, Bitcoin followed the A-share market and continued to rise all day. When the U.S. stock market opened in the evening, Chinese stocks continued to rise after the A-share market during the day. The U.S. stock market unexpectedly fell, but Bitcoin did not follow the U.S. stock market, but continued to rise. A big positive line broke through the pressure level of 65,000, hit 66,000, and fell back. It is currently consolidating around 65,000.
There are still 3 days left before CZ is released from prison. Pay attention to the ambush of BNB sector. HMSTR went online yesterday, and the opening price was about 0.012. The current price is around 0.0068, which has fallen a lot. The project team has eaten up more than half of the retail investors' coins, and they are engaged in insider trading and selling stocks. It is really difficult to get back to the opening price. The leeks who took over this garbage coin are in trouble.
Today's market analysis, from the K-line, BTC market is sideways at the one-hour level (it is likely to fall). The 4-hour and 12-hour levels are rising, and the daily level is also rising (for several consecutive days, it was believed that the daily level would fall, but it just did not fall below, there is something strange in it), the intraday pressure level is 66400, and the support level is 63300 US dollars.
So what is the core of the currency circle?
Security and liquidity: The demand for capital is like a basic human need. Liquidity and security are at the core of investors’ concerns. Safe assets (such as Bitcoin) are particularly important in market turmoil.
Bitcoin's positioning: Bitcoin is not only a risky asset, but should also be regarded as a "safe asset" whose value lies in resisting various uncertainties (such as inflation and market manipulation).
Energy and technology debate: The energy consumption issue of Bitcoin mining was mentioned, but its powerful computing power and security are its core advantages.
Investment mentality: Investors should focus on the security of their assets, and liquidity will naturally follow, rather than just chasing short-term market opportunities.
In summary, market stability and asset security are inseparable, and capital will naturally flow to a safe investment environment. In the past few years in the cryptocurrency circle, I have also discovered that stupid people are only left to take over wherever they go. Similarly, stupid projects naturally cannot attract smart people, so what are we playing with? Look at what I said yesterday, when HMSTR was launched, CATI fell below 0.7! I saw it fell below today! Hamster didn’t open well when it was launched! Just don’t play
, these are all pre-emptive measures, it is really important to follow the right people!
You must watch more in the cryptocurrency circle! Compare more, don’t look at the direction or profit chart once or twice! That’s really boring! If you want to see, look at the market chart, and see the thinking logic of a blogger! Including any content he posted, look at the market chart and the real-time points! ! For example, the coins that I entered the market with, my friends in the inner circle are really happy, there are pictures and the truth:
The trend order is to hold on, don't get off easily, the bull market is coming, the callback continues or the new high
The October rally is finally here. I am at the forefront of this bull market! Try to abandon the bearish mindset and welcome the coming of the bull market! The bull market is real, the wealth-creating effect of the currency circle has been opened, and the outside entry has triggered a real bull market!
Buy 4 types of coins with 100x potential and get rich easily!
1.APE
ApeCoin has recently attracted attention mainly due to its plans to launch ApeChain, a second-layer network designed to facilitate the development of decentralized applications (dApps). The platform aims to simplify the creation and distribution of digital content, tools, and services. Its goal is to provide developers with a more accessible platform to build decentralized applications while improving the user experience and onboarding process.
In addition, ApeCoin also features Reboot Protocol and Native Yield, which the project claims will make dApp development simpler and potentially more profitable. These tools are expected to optimize the way developers create applications by integrating yield-generating mechanisms directly into the platform, reducing complexity and increasing potential earnings.
2.WIF
DogWifHat (WIF) has recently experienced a surge in social sentiment, with its upward momentum starting on September 24. In the past 24 hours, WIF has risen by 22.5% and is currently priced at $2.215. The meme token has been hovering around $1.5 for nearly a month, but the market started to turn bullish after the news of the rate cut broke out last week.
DogWifHat rose 18% on Friday, outperforming other meme coins. This impressive performance has made WIF the fourth largest meme coin. With a market cap of $1.9 billion, WIF has grown 32.25% over the past week. Investors are eager to see if this momentum can lead to a new all-time high (ATH). Solana (SOL), the blockchain that powers DogWifHat, also rose 13% to $149. These positive trends have created a favorable environment for meme coins, especially WIF.
3.BNB
CZ's return is still a huge boon to Binance, and it will also have a positive effect on boosting user sentiment. It is highly likely that the Binance series of currencies will see a rise, and some people in the market have begun to target the so-called concept of CZ being released from prison. This shows that even though the market is no longer the same market, CZ is still the same CZ.
You can continue to pay attention to bnb. Cz is out. Can bnb celebrate the return of that man with a big positive line?
4. YUP
Jupiter plays a key role in the Solana ecosystem with its advanced swap aggregation engine. It provides important liquidity infrastructure that powers Solana's DeFi activities. Jupiter is expanding its DeFi products by introducing features such as limit orders, DCA/TWAP, bridge comparators, and perpetual contract trading. These products may meet a variety of trading strategies and needs.
As Solana grows, Jupiter’s tools and technology could become even more important to users seeking efficient trading options. As the crypto market develops in 2024, Jupiter could appeal to those interested in the versatile and powerful DeFi solutions within the Solana network.
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