$BB : $330M TVL, backed mostly by $BTC , showcasing unmatched asset quality.

Market cap? $182M (FDV $850M)

$SEI $200M TVL

Market cap? $1.65B (FDV $4.7B).

The disparity is real— BB is undervalued, under-owned and likely to reprice accordingly...

The concept of #cedefi is the extension and the upgrade of CEXs.

Originally, DeFi and staking projects all built their own pools to provide incentives to attract users to stake or provide liquidity through LP tokens. However, this incentive mechanism has stagnated. Everyone knows how to play the game, so the #Rewards are marginalized.

What CeDeFi essentially brings, is the transformation of regulated #custody becoming a secondary exchange.

The advantage is that projects get more flexibility and opportunities in handling the assets of its users. It opens the doors for financial instruments that require deep liquidity not found in DeFi. You can do #OptionsTrading and #Arbitrage on a large scale. Just what BounceBit and Ethena are doing.

As the name suggests, CeDeFi, naturally violates the principle of decentralization. Nevertheless, it undoubtedly has its place in crypto.

Money flows towards yield opportunities, regardless of decentralized or not. So stay on the lookout for projects that utilize CeDeFi infrastructure to provide what people are really looking for: sustainable yield

My picks: BounceBit $BB Ethena $ENA Manta $MANTA

Usually when Bitcoin pumps heavily like today, altcoins tend to stay behind and only follow later. The reason why today this was different lies in the reason for the pump - the election results.
The market was in a month long limbo, undecisive and uncertain. Not good conditions for altcoins that flourish in markets with a clear direction or in other words - a full blown bull market.

The fact that Trump give the market a much needed boost of confidence. Altcoins heavily benefitted because of the prospect of clearer and more lenient regulations for cryptocurrency.

Regarding BounceBit: We cross this green line and we're good. Already got the 99 day moving average. $BB is making a comeback. Zoom out and you'll see.

Incoming regulations will also affect BounceBit's CeDeFi and the asset management behind it. So keep an eye out on that. If the regulations turn out to be lenient - likely with Trump elected - than this gives me much confidence for the future of BounceBit and CeDeFi in general. Ethena $ENA will be similarly affected. That's why it pumped so hard today. Projects like these with a big vision for the future, are undoubtedly bound to regulation.

BTC hits 70k first time, ETH at 4000
BTC hits 70k second time, ETH at 3900
BTC hits 70k third time, ETH at 3300
BTC hits 70k fourth time, ETH at 2500
BTC hits 70k fifth time, ETH at 2400

BTC hits 100k, ETH at ????

$BB is stronger than Bitcoin and Ethereum combined

You will be witnessing the biggest comeback of $BB within the next week. From 0.26 straight to 0.6. When we reach 0.42 eventually it will be crucial that $BTC price doesn't interfere again.

BB is grossly oversold on many timeframes, but the banana zone play i shared a while ago is still in play, just a longer, juicier banana.

CeDeFi V2 is coming up very soon as well, and BounceBit eco with memes and quanto options as main runner have been doing great.

Ok big news just dropped!

BounceBit just announced its support for a CeDeFi perpetual exchange called duriandotwin. And durian.win will airdrop 15% of the token supply to $BB holders and community.
Why is that significant?
BounceBit has been the number one advocator for CeDeFi this year. Seeing that they finally start using this influence to support upcoming projects is making me expect more similar developments in the near future.
If you paid attention you would know that Ethena, another CeDeFi project, made a similar move with their Ethereal exchange incubation.

I think we'll see a wave of projects being bootstrapped with CeDeFi infrastructure and it's a good chance to be early. Just look at how Hyperliquid has fallen off with their pure onchain options. Once the airdrop is over, the platform can not upkeep the liquidity required. So to me its become clearer than ever that CeDeFi is the way forward.

Get ready for the $BB Banana zone.

BounceBit is heavily underpriced for current market conditions.
I believe the next protocol upgrade or other good news will initiate price discovery.

Next target 42ct, then 56ct. Altcoins tend to move quicker than you think, especially when recovering from a bottom. Best example is $ENA which has been gaining a lot of percents recently. Ethena has a similar foundation to BounceBit. When funding rate is high, the yield both of these projects offer are high. They follow the same market dynamics essentially. Since Ethena is a bigger project by market cap, they naturally move first. BUT as you can see BB hasn't been lacking far behind and made a good few percentages as well.

We only need another trigger event to send us higher, and I believe anything below 40ct is a good entry to not be late when it happens. Any major partnership or product upgrade could be this trigger.

This is the ideal scenario for $BB that I can see play out in the next few weeks/months.
Crucial zone here. It will take a while to recover but patience will be rewarded.
The most crucial resistance lies at 0.25, unless this is broken I'm going to shamelessly keep shilling BounceBit. The project itself has already proven its PMF, just the #tokenomics are yet to be tested. And let's hope the #IranianMissilesPlummetsBTC trend stops right here.

Your chance to be early: Memecoins on BounceBit
$Lnng and $NOTBB are the top ones. Market cap still below $1M at the time of writing.
They have high volume and liquidity. Seems to be an easy bet on the BounceBit eco and the official twitter has been subtly mentioning them too #mememcoinseason2024 #MemeCommunity #MemeWatch2024

Update: Bitcoin is experiencing a downturn after failing to hold 66k. Importantly $BB is holding 0.36 anyway which makes me optimistic for the eventual market recovery and establishes 0.36 as solid resistance for mid-term.
We are still cruising above the 99d Moving Average (blue line), so the overall trend is still intact.

Important for $BB to hold 0.36 here.
I believe we saw an overreaction to the rejection at 0.42 and this could be a good buying opportunity.
BounceBit is heavily undervalued in TVL/Mcap ratio if you compare it to the likes of $SEI and others.

Update: $BB touched our target at 0.42 but got rejected on the hourly candles. However I believe 0.4 is a good entry, as it’s a strong support psychologically and technically.

If we break 0.42 decisively we are looking at 0.52 price target next

Also BounceBit got a funny CZ campaign going on, with CZ out of prison that’s bullish #czprison

#BB Buy Setup 🚀
Breakout from the long term downtrend in the charts, indicating a potential bullish move. Also this project is backed by Binance Labs. This could be a great buy signal, keep an eye on this opportunity! 📈 But be careful, it's gonna be volatile.
First target 49ct
$BB #bbusdt #Bb🔥🔥

This is all you need to know about $BB in relation to $BTC
I guess you could dive into their pioneering tech too, but that’s up to you. It’s gonna make the run anyway

$BB the chart is just so beautiful

What $BB has going on at the moment (why it's pumping)👇
1. BounceBit got listed on Coinbase International Exchange & Coinbase Advanced Sep 5 as perpetual futures contract.
2. They announced V2 with many new & improved features for their #cedefi infrastructure and the BounceClub ecosystem. There will probably be a lot of free rewards to get on launch. Especially for BounceClub.
3. BounceBit will get their native Meme launcher platform.
4. They have 2 huge events upcoming for #Token2049 . I'll be going there and get some free durian
5. Price chart is set up nicely for a comeback.
Yeah so no need to say that I'm bullish on $BB

Bodhi

Is DeFi Dead or Just Getting Started? A Deep Dive Into the Future of Decentralized Finance
If you've been paying attention to the crypto space, you've probably heard it a hundred times: 'DeFi is dead.' But is it really? Or are we on the cusp of its next great evolution?

The truth is, decentralized finance has been through its ups and downs, just like every disruptive technology before it. But, if we take a step back and look at the macro trends, the story becomes clear: DeFi is not dying, it's transforming.
I believe there are two major trends shaping its future:
Regulatory Frameworks Are Shifting
Despite the uncertainty, regulators are increasingly providing clarity, paving the way for DeFi projects to operate within legal frameworks. This means more trust and participation from institutional investors.
Integration with Centralized Finance (CeDeFi)
Centralized and decentralized finance are no longer at odds. #cedefi bridges the gap, offering the best of both worlds—traditional finance's security and DeFi's innovation. Projects like BounceBit are leading the charge.

So, is DeFi dead? Far from it. We’re only just beginning to see what it’s capable of. But it has to go through a few transformations. I believe we will see another ATH for DeFi TVL this cycle. We are currently at $116.879B according to Defillama. #DeFiEducation

$BB Technical Analysis✨:
I don't usually do these but I think here it's important.

Moving Average:

On the four-hour time frame, BounceBit is currently trending bullish with the 50 day moving average currently sloping up. BounceBit’s 200 day moving average is sloping down and has been doing so since 9/4/2024 which means the trend is weak.

Relative Strength Index:
Currently the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral with the price being able to keep #RSIIndicator in that state for a while.

We’re eyeing the key resistance level at $0.3023—if the price breaks above this, it's a strong signal for a long trade, with targets set at $0.3100, $0.3150, and $0.3200. Don't miss the next move.

Chart below is H4.

I told you so update: $BTC is down 5% and where is $BB ?
It is up by a few percent. BB strength on the BB/BTC pair is undeniable and has been in motion for the last few weeks.

BounceBit doesn’t care about chop markets. Why? Because their offerings are market neutral. They provide real yield on your Bitcoin. You invest Bitcoin and you get back Bitcoin, just keep on stacking sats. The real deal, actual value creation and not the usual ecosystem games where the insiders and experienced always win.

#yieldfarming #cedefi #BTCFi