eth/btc continues to break upwards, altcoins will also collectively break upwards, there is no pullback now, go all in, the risk of being empty is greater than being fully invested! The altcoin season is here, don't be afraid!!
The bull market has arrived, is it too late to position now? Let's take a look at these 3 altcoins that are expected to perform over 10 times in the future! 1.XRP Ripple recently announced a partnership with Archax, a digital asset exchange regulated by the UK's Financial Conduct Authority (FCA). They are jointly committed to launching a tokenized money market fund on the XRP Ledger (XRPL). This initiative is part of Ripple's broader strategy involving its $3.8 billion liquidity fund (Lux). This is the first implementation of a tokenized money market fund on the XRPL blockchain. Ripple has decided to explore this area, which aligns with the growing interest in tokenized finance. As part of the collaboration, Ripple has invested $5 million to purchase tokens linked to the abrdn Lux fund.
2.IMX Immutable's price today is $1.70, up 1.24% in the past 24 hours. Over the past week, the token has risen by 26.80%. Sentiment around the token remains bullish, with a fear and greed index of 75, indicating market optimism. The token's trading price is above its 200-day simple moving average (SMA) of $1.55, currently exceeding by 9.53%. This indicates that the price trend of the token has been positive in the long term. Technical indicators show a 14-day RSI of 59.85, which is in a neutral range. This means that the cryptocurrency may soon consolidate without strong overbought or oversold signals. In the past month, Immutable has recorded 16 days of increases. The 24-hour trading volume to market cap ratio is 0.0731, indicating ample liquidity for traders and investors.
3.AEVO AEVO's price is $0.47, up 8.93% in the past 24 hours. Its recent low was $0.4424, rising 8.04% during the same period. The market cap of the token is estimated to be $396.44 million, up 8.65%. Additionally, the 24-hour trading volume reached $130.22 million, significantly increasing by 45.44% compared to the previous day. The fully diluted valuation (FDV) of AEVO is approximately $445.33 million, with a trading volume to market cap ratio of 32.63%. This indicates strong trading activity relative to its market cap. Sentiment around AEVO remains bullish, with a fear and greed index of 75 (greed). Furthermore, the token's trading price is above its 200-day simple moving average, reinforcing the current positive trend.
I have roughly understood the situation of $CORE. There’s not much to say about the project itself, as it has neither new technology nor new narrative. Although it is a new coin of 2023, the project introduction is quite clichéd, resembling projects from 2017.
However, the project team seems to be quite energetic; although it hasn’t listed on Binance, it has been listed on OKX and Bybit. Moreover, the rally of Wave A was quite strong. The trend since November has also been pretty good.
Optimistically, Wave C might see a rally similar to Wave A, and the endpoint should reach the upper channel, with the target position between 7-8.
But whether there will be another rally like Wave A afterwards is a bit uncertain.
Bull and bear cycles, understanding the stage is the key to winning! • Bull Market: Hold on to make big money! • Bear Market: Stay out to avoid losses! • Monkey Market: Take profits and run!
👉 Bear to Bull: Be bold and go all in, leave no regrets!
During last night's strong rebound of $BTC, the Coinbase Bitcoin premium index turned from negative to positive, and the net outflow of the US Bitcoin spot ETF shifted to net inflow compared to the previous two days, indicating a clear recovery in US buying interest.
After a pullback and consolidation, Bitcoin will continue to challenge the 100,000 mark.
However, the resistance area above Bitcoin may not be breached quickly, and it may experience sideways fluctuations for a period of time.
When the market is in a bullish cycle and the market sentiment is also hot, which coins will those funds that rush in but feel late invest in? If you can figure out these questions, you will understand the psychology of the masses and have the opportunity to truly earn high returns.
1. It must be new coins, especially new coins that are listed on Binance spot trading. Some projects on Binance only launch contracts without listing on spot trading, mostly to strategically defend against other exchanges and not lose trading volume. Currently, the spot market is relatively restrained and conservative, so it is crucial to pay attention to new coins listed on this largest trading exchange. New means tokens that have appeared in the last few months, which generally have few holders, and the public is willing to take a gamble for slightly higher returns. Even for $SEI, I suspect the peak may fall around $2 to $3, and the return may not be very high anymore. Coins from a year ago have gone through a rise and fall cycle, making it easy to roughly estimate the increase around March next year, so some coins may not be that high anymore.
2. For example, $THE is easy to understand; this coin holds a star position in the Binance Chain and is the core infrastructure of the Binance Chain, far surpassing so-called re-staking and lending. You can look at the terrifying increases of $CAKE in the previous cycle. Additionally, new coins are full of new hopes; if aiming for high returns, then among these two targets, smart people will definitely choose THE.
3. Try to choose coins with a lower unit price. Many retail investors do not have that much money and cannot come into the market and spend tens of thousands to buy Bitcoin or Ethereum; they are likely to buy meme coins and those coins with several decimal places and many zeros, which at least gives a sense of abundance in quantity. This point cannot be overemphasized. You should try to choose altcoins priced below $5; if they are below $1, that would be even better.
Summary of macro data in recent days: 1. PCE: month-on-month 0.3, continuing to hover 2. Initial claims for unemployment benefits: 213,000, continuing to decline 3. Key points from the Federal Reserve minutes: 1) The neutral interest rate is highly uncertain, and the trend of the data is more important than a specific data point. Therefore, the implied meaning of this statement is that future rate cuts are not just a matter of specific data points, but are more focused on trends, and will be more cautious than before. 2) The overnight reverse repurchase rate has been lowered. This continues to encourage reverse repurchase funds to enter the financial system. 3) The judgment of the economic fundamentals is more optimistic than in September. The key point here is that while everyone believes that inflation data is volatile, the trend of decline has not been reversed, just that it may take longer. 4) The minutes mentioned an upward adjustment of potential GDP growth. This actually reflects an upward adjustment of the neutral interest rate, which means that the terminal rate may be much higher than before the pandemic, and without a black swan event, it is difficult to return to 2.5%. Based on the above four points of judgment, a 25bp increase in December may still be the baseline expectation for trading.
NEIRO is a strong meme with high control, and its trend looks very good right now, reaching the starting point of a long-term upward trend. Observing the accumulation behavior around this position in the past couple of days is very evident! You can buy some, my personal target is around 150%, and it is very likely to reach that in the short term!
The rise of 11.28 ETH has just begun 1. BTC.D + USDT.D + USDC.D reached a high of 68% this month, the last peak was 74%, and BTC.D is unlikely to exceed the last cycle, currently at the top range 2. In the last cycle, BTC consolidated around the new high of 20,000 and doubled to 40,000, after which ETH and altcoins started to explode. Currently, after BTC doubled from 49,000, the ETH ecosystem has also begun to see significant and continuous inflow of large capital 3. The return rates of ETH in the historical first and second quarters are astonishing, and I am very much looking forward to the market for ETH and altcoins in the first half of next year.
The K-line structure is quite good, and now the main capital has entered the market. The chart shows a significant bottom with a right turn. Enter the market at the current price of 0.000828, aiming for a double. The first target is 0.0012, and the second target is 0.0024.
dent still gave a very good answer, with an increase of more than 40%! Many times, the coins that are promoted may not rise very high immediately, but in the long run, they will still perform well!
TROY's small level is about to break through, and the hourly level also looks like it will continue to increase in volume. It is very likely to take off directly now, enter around 0.00435 and add positions at 0.00425. If it breaks below 0.004, exit.