In every market round, there will definitely be a dark horse you have never heard of.
Last year at this time, everyone thought OP and ARB would take the lead, but TRB, SOL, and ORDI successfully broke through. In March's market, everyone thought ORDI would reach another peak, but instead, it doubled in value. PEPE, WLD, and FET also successfully broke through. In this round of the market, retail investors are betting on memes. Which coin do you think will be the dark horse next?
Many people say they can't hold onto Golden Dogs, Hippos, Penguins, Toto, etc., which have all multiplied several times since their release. How should one hold onto them?
1. Create 2 wallets, one for long-term holding and one for short-term trading, ensuring they do not interfere with each other. 2. I specifically mentioned the target for Golden Dogs: half for trading and half for holding.
Trading tip: every morning at 6 AM is the lowest point, buy in, and sell before 10 PM, do not hold overnight.
After 2 days of trading, the principal will have returned, giving you a good mindset. Even if this coin goes to zero, you will still be able to hold.
Many people are unbalanced due to floating losses, and holding a full position goes against human nature, so it’s important to have half for trading and half for holding.
Why haven't a large number of retail investors entered the crypto market?
Because there is too little profit
Nothing is more exciting than a friend whose cryptocurrency has surged 100 times, nothing is more thrilling than a friend who became rich overnight from trading.
In previous years, when there weren't so many VC coins, these stories of getting rich were quite common.
It's often said that new coins are better than old ones, as new coins are likely to become hits.
In the past two years, retail investors have completely missed out on the profits in this area.
It's very difficult to make money by buying new coins; basically, buying new coins means losing money.
Without the profit effect, who will come in? Without the sudden wealth effect, who will come in?
When the market rises, coin prices go up, and profits can be made, countless people will naturally rush in.
When the large A-share market had a wave of profit, retail investors got a taste, and so many people rushed in desperately.
The same logic applies to the crypto market; driving up prices is the key principle, and only coins that can make retail investors money are good coins!
Shiba Inu coin approaches a critical descending trendline, promising future trends! Can SHIB turn the tide?
The price of Shiba Inu (SHIB) is approaching a descending trendline; a breakout above this line may indicate a bullish trend in the future. In October, SHIB's daily active address count reached a new high, indicating increasing frequency of blockchain use and potential for a rebound in the future. If the daily candle closes below $0.0000155, the bullish argument may become invalid.
On Wednesday, the price of Shiba Inu again approached this descending trendline; a breakout could be favorable for bulls. Meanwhile, the increase in SHIB's active addresses indicates heightened blockchain activity, potentially suggesting a rebound in the future.
SHIB and WIF surge strongly, meme gains have exceeded 11%! The Dogecoin craze may just be beginning!
If Dogecoin can break through the $0.1756 mark again, it may test last year's high of $0.2288. Current key technical indicators and on-chain data suggest that DOGE may experience a pullback as investors begin to take profits. Moreover, DOGE's MVRV indicator has returned to levels seen in May, which could trigger the meme coin season.
Over the past three days, Dogecoin has shown significant upward momentum, rising over 8% on Tuesday. If this upward trend continues, this most popular meme coin may set a new annual high in the coming days.
Breaking! Yesterday Bitcoin briefly rose to $74,000! 70,000 people were liquidated, with losses reaching $242 million!
Yesterday, 70,000 were liquidated Cryptocurrency, suddenly accelerating upward!
On October 29, Bitcoin's price strengthened, reaching as high as $74,160.50 during the day. As of the time of publication, it rose 2.04% to $71,045. Analysts pointed out that the rise of cryptocurrencies is related to various news stimuli. With the official voting day of the U.S. presidential election approaching, market enthusiasm for Bitcoin is increasing. Additionally, international asset management giant BlackRock continues to buy, currently holding over 200 billion yuan in Bitcoin. Bitcoin's surge resulted in 73,000 liquidations On the morning of October 29, Bitcoin broke through $71,000 per coin, with a 24-hour increase of over 5%. Dogecoin surged over 18%, and Ethereum rose nearly 5%.
October 30 Cryptocurrency Prices: Bitcoin Surpasses $72,000, SUI and SEI Shine!
Today's cryptocurrency market dynamics With a large influx of funds into the spot Bitcoin ETF, the price of Bitcoin (BTC) has surpassed $72,000. Although most altcoins are rising, some have also experienced volatility. Today, SUI and SEI became the market's biggest gaining cryptocurrencies, with gains of 7%-11%. On October 30, the cryptocurrency market showed complex performance, with global investor sentiment fluctuating, leading to price increases and decreases. Bitcoin's price briefly surpassed $72,000 during the day, while major altcoins exhibited different performances; however, SUI and SEI still showed remarkable gains.
The biggest missing factor in the current crypto altcoin season is the lack of a catalyst!
I really miss the previous AI season, the meme season led by Pepe, the SOL ecosystem season, the inscription season, the RWA season, the Hong Kong season, the public chain season...... And now it seems like there's nothing, just a few individual opportunities driven by the expectation of Trump's election!
Every major altcoin hype gives everyone a chance to make 10 times their money! Just like the current A-share market, where at least 3-5 sectors are continuously hyped every day, dozens of strong stocks are driving upward momentum, boosting market confidence!
Right now, what crypto altcoins lack is this! Looking forward to the next hype!
I don’t know what it is, but I’m patiently waiting!
⭐Community Participation Those who hold goat are more willing to interact with Truth Terminal; Those who hold act are more willing to share and even participate in act's experiments and research.
⭐Funding Promotion Assets like act have a very good ticker, act stands for action, using action to drive future trends.
In addition to currently supporting the act research program, the community can also donate to support more cutting-edge research combining AI and cryptocurrency in the future, which represents scalability.
Friends, this market trend is just as I mentioned before, it will definitely break through 70,000 before the end of the month, and then continue to push towards 74,000, with altcoins also soaring all the way.
I am currently focusing on three sectors:
1. Meme Sector: NEIRO, BOME, MEW, these are all taking off.
2. Bitcoin Ecosystem: ORDI, STAS, with an increase of over 10%.
3. AI Sector: ARKM, WLD, all have returned.
However, I calculated that there might be a pullback in a few days, is there anyone who wants to know the specific date?
RAY's Comeback: Surging 215% in 10 Months Sparks Excitement! Will the Bull Market Slow Down After the Launch of Pump.fun Token?
Raydium (RAY) has been performing quite strongly recently! While the entire crypto market, including popular meme coins like Dogecoin and Pepe, has experienced typical volatility, RAY has risen 215% this year. Although Raydium's price is rising, caution must still be exercised.
Regarding X, analysts believe that as long as the meme token launch platform Pump.fun on Solana does not involve this token, RAY could continue to rise. The spot price of RAY is currently in a breakout state, having surpassed the highs of March and July, and has set a new high for 2024. In fact, buyers not only pushed the token price above these two important resistance levels, but surprisingly shook off the weakness of August and September, rising more than double from the lows of September!
Dogecoin is about to rebound! Buyers control the market, and a 20% increase is within reach! Can DOGE break through to new highs?
Dogecoin (DOGE) is currently showing an upward trend, and technical indicators suggest a possible price increase. According to the Ichimoku Cloud analysis, buyers seem to dominate the market, and prices remain steadily above support levels. However, the trend strength is still insufficient, and the Directional Movement Index (DMI) indicates a lack of clear direction in the market. The short-term moving average has issued mixed signals. It is advisable to pay attention to the support levels at $0.11996 and $0.10858, as well as resistance levels at $0.17526 and $0.20355. If it breaks through resistance, DOGE may rise by 20%, reaching its highest point since April; conversely, it may pull back to test support.
100% surge in 10 months, can SOL break through $200? With the meme coin craze approaching, can SOL reach new highs?
Solana has performed excellently over the past year. Following a slump at the end of 2022, the rebound in the second half of 2023 has propelled this platform into the top five.
Calculated at spot exchange rates, the native token SOL has risen 100% in the past 10 months. Additionally, Solana has now become a hub for meme coins, ranking as the third-largest smart contract platform, following Ethereum and BNB chain.
Given Solana's expansion pace over the years, this token may be undervalued. Several factors support this view. An analyst mentioned on the X platform that Solana is approaching or has already surpassed key metrics closely monitored by the community.
Bitcoin breaks through $71,000! What magical operation is behind this? The big market is just around the corner. Do you dare to go all in on altcoins?
On October 29, after three months of fluctuations, Bitcoin finally returned to $70,000. This $70,000 mark seems to be particularly important. It is not only the high point of the bull market in 2021, but also the psychological price for many people to judge whether to enter the market.
Ethereum, which was also somewhat disappointing, has recently rebounded to over $2,600 after falling to $2,382. Some altcoins that adjusted a few days ago have finally begun to rebound.
It is worth noting that the current market may experience drastic fluctuations, so you must remain calm and avoid making impulsive decisions due to FOMO emotions!
The bull market is here! Sit tight and take off soon?
The 50bps interest rate cut on September 18th arrived as scheduled, and it is expected to continue to cut by 50bps by the end of 2024. On a macro level, the US dollar has reduced the cost of funds. The EMA20 daily and weekly lines have both broken through at the same time. The price has been out of the vicinity of the mining machine cost price, and the sentiment index has also returned to the normal 72. The overall market is in the middle and late stages of the bull market. In addition, indicators such as the index, bull market index, network unrealized profit and loss ratio, and NUPL indicate that the final sprint of the bull market is coming soon!
BTC/ETH spot ETF: The US spot ETF has been passed as scheduled, which is equivalent to opening a tap and pouring water into the cryptocurrency pool 24 hours a day, and the price of BTC has also risen with the water. A very important idea in investment: end game thinking. The end of this round of BTC bull market will sooner or later reach $100,000, and the end of ETH will reach $10,000. Be friends with time, and time is on the side of HOLDer!
Overlapping benefits: The biggest benefit of this halving cycle, spot ETFs, is not only nominal, but will actually bring funds to the U.S. stock market. Combined with the Fed’s interest rate cuts and BTC halving, the biggest increase in this bull market should be in 2024. Pay special attention to the profit-taking time points in February and June of 25 years!
The election is coming, can Doge break new highs? ? ?
This month, $DOGE has been surging after a pullback! !
There has been a considerable rally in the past few days, with this popular memecoin up 4.5% on the daily chart.
It is up 28.8% on the 14-day chart, up 16.9% from last month, and up 110.5% since late October 2023.
The election is coming on November 5th. Recently, Musk has frequently voiced his support for Trump and promoted Dogecoin. Yesterday, he also tweeted a picture of Shiba Inu (driving Dogecoin up 3% in 1 hour)
From the weekly K, Dogecoin has been washing and absorbing funds for such a long time. With Trump likely to win the election, Musk's political fundraising commissions are expected to be paid normally. Perhaps the benefits for Dogecoin will begin to be released. A wave of sharp gains for old meme coins is ushering in.