Ripple recently filed a legal complaint against the U.S. Securities and Exchange Commission (SEC), a move that sparked significant activity from XRP whales. According to reports, approximately 81 million XRP tokens were transferred to multiple cryptocurrency exchanges, a development that attracted widespread attention and mixed reactions from investors and market analysts.
Specifically, blockchain tracking platform Whale Alert pointed out that these XRP whales made large-scale transfers to exchanges, including an anonymous account sending 52 million XRP to Bybit, and another account sending 29.56 million XRP to Bitso XRP, the total transfer amount reached 81.56 million XRP.
Despite these massive coin transfers, the price of XRP increased by 1% in 24 hours to reach $0.5357. The cryptocurrency saw volatility during day trading, with a low of $0.5239 and a high of $0.5432. This price increase comes just after Ripple filed an appeal, which seems to have boosted investor confidence, as evidenced by a 4% increase in open interest in XRP futures trading.
Recent data revealed several key pieces of information for investors: open interest in XRP futures increased significantly, totaling $711.55 million; derivatives trading volume also rose sharply by 85%, to $1.3 billion. Ripple’s legal action and Bitnomial’s lawsuit against the SEC could have a positive impact on XRP’s regulatory status. However, investor sentiment remains cautious as these large transfers cause short-term market volatility. Analysts pointed out that although Ripple's legal actions may increase the long-term value of XRP, the market's immediate reaction to this incident still needs to be closely monitored.

Let’s talk about PEPE! Earlier this year, PEPE had a blast, reaching an all-time high of $0.00001718. Unfortunately, the good times didn’t last long, and PEPE subsequently experienced a 37% drop, causing many early investors to cash out. However, despite this, I am still excited about the future of PEPE.
From a short-term perspective, if PEPE can successfully hold the current resistance level, it is entirely possible that it will climb to a high of $0.0000127 again. In fact, some analysts are so optimistic about the prospects of PEPE that they even predict that the price of PEPE will rise to $0.0000636 by 2025. Even more bold predictions are that by 2050, the value of PEPE could soar to $1, which is a very exciting prospect.
However, I must remind everyone that the price of meme coins such as PEPE is extremely volatile and unstable. Therefore, when performing relevant operations, everyone must be extra careful and make wise decisions.
If you always have trouble determining the timing and feel confused about how to operate, then if you want to follow the pace of the market, you need to meet two conditions: first, you must have strong action power and do it as soon as you say it without delay; second, you must be able to pay attention to market dynamics at any time to ensure that you do not miss any important information. Only in this way can you seize opportunities in the ever-changing cryptocurrency market.

Market analysis on October 12, 2024
Bitcoin (Big Pie) daily line situation:
The current pressure level is around 63,500, while the support level is around 62,000. Yesterday, Bitcoin's rebound was extremely strong, climbing to a high of 63,417, a price that has exceeded the originally estimated pressure level. Bitcoin's market has fluctuated greatly recently, mainly due to the frequent explosion of long and short contracts in the market. Before Bitcoin officially starts a new round of rise, the market often conducts multiple wash operations to clean out undetermined investors. Therefore, the current operating idea is still to buy on dips. The support level of 60,000 is still very solid. If there is a chance to fall below 60,000 in the future, it will be an excellent opportunity to buy. Remember, after making a profit, you must take the profit in time and do not hold short orders for a long time. From the overall trend, the upward trend of Bitcoin is still obvious. Finally, I wish you all a happy weekend.
Ethereum daily situation:
Ethereum's pressure level is around 2475, while the support level is around 2400. Compared with Bitcoin, Ethereum's rebound strength is slightly insufficient, and the highest rebound is only around the lifeline 2470, which is also today's pressure level. Since today is the weekend, it is expected that the market fluctuations may not be too large. Therefore, it is not recommended to open an order easily today, and there is a high probability that it will fluctuate above 2400. We can pay attention to whether the daily level can form a golden cross next week. If a golden cross is formed and the lifeline is broken, then this will be a bullish signal. For Ethereum, it is recommended that you keep a long order. Finally, I also wish you all a happy weekend.

Investors shorting Neiroeth are warned to leave the market as soon as possible! The power behind it cannot be underestimated, even Trump expressed his appreciation for it!
Now is a good time to buy Neiroeth. The market is at a low point and the risk of shorting is much greater than going long. It is rumored that the main goal of bookmakers this month is to suppress short sellers, and Neiroeth's stock price will at least double again.
In addition, internal sources revealed that former US President Trump expressed clear support for Neiroeth, an emerging technology company. Trump praised Neiroeth’s scientific and technological innovation spirit in public and pointed out its significant contributions in promoting scientific and technological progress and promoting economic growth. Trump’s statement undoubtedly provided strong impetus and support for Neiroeth’s future development, and also aroused widespread attention and positive reactions in the market.
Therefore, this is good news for Neiroeth investors and one worth paying close attention to and seizing the opportunity.

Recently, many investors have bought the two cryptocurrencies $DOGE and NEIRO. Dogecoin (DOGE) is fully supported by its soul figure Musk, who not only fully supports Trump, but also expresses his position by changing his profile picture and signature, frequently tweeting on social media, and participating in Trump's speeches offline.
Therefore, the market generally expects that if Trump wins the election on November 5, the price of DOGE and its successor NEIRO will rise sharply, and may even triple in a week. It is worth noting that NEIRO has shown strong growth momentum recently, breaking through the historical high against the trend and continuing to climb upward. Compared with DOGE's market value of tens of billions, NEIRO's market value is only 700 million, so it is considered to have greater growth potential.
However, investors also need to note that NEIRO has risen sharply recently and there may be a risk of a pullback. Before chasing highs, investors should wait for a deeper pullback, such as a pullback to a position above 0.0015, to avoid buying at the high price. At the same time, it should be emphasized that the price outbreak of DOGE and NEIRO is highly dependent on Trump's election results. Therefore, although people who invest in these two cryptocurrencies are not directly involved in the election, their investment results are closely linked to the election results.

$CATI (Catalyst Token) is currently at a crucial turning point, and its price may usher in a breakthrough or collapse, depending on the combined impact of several key factors:
Importance of Technical Analysis: First, we need to pay close attention to the support and resistance levels of CATI. If CATI can break through key resistance levels on the back of strong trading volumes, the price could be set for a significant move higher. Conversely, if it fails to hold above important support levels, the price could fall significantly.
The role of market sentiment: Overall market conditions and sentiment are also key factors affecting the trend of CATI. A bullish market environment could provide the necessary impetus for a CATI breakout, while a bearish market trend could increase the risk of a price collapse.
The influence of fundamental factors: Any latest news or developments related to CATI, such as the establishment of partnerships, project upgrades or broader market events, may have a significant impact on its price movements.
Indications of trading volume trends: Changes in trading volume are also important indicators for judging the future trend of CATI. If volume increases as prices rise, this may indicate that there is sufficient confidence in the market that prices are expected to continue rising. Conversely, if prices increase but volume decreases, this may indicate a lack of confidence in the market and prices may struggle to sustain an upward trend.
Impact of the Wider Market: Finally, CATI's performance may also be affected by broader cryptocurrency market trends and major events affecting other coins.
Therefore, if you are trading CATI or considering investing, paying attention to these indicators above will help you make a more informed judgment about its potential future direction. Do you need more specific technical analysis or insights to assist your decision-making?

$DOGE has shown resilience in the face of a general sell-off in the crypto market. On Wednesday, most major altcoins fell against the backdrop of Bitcoin falling below $60,000, while Dogecoin bucked the trend and rose 0.4%. From the technical chart, Dogecoin is currently in a sideways phase, but there are some signs that it may usher in a rebound with a target price of $0.15. These signs include whale accumulation behavior and an upcoming breakout of the triangle pattern.
During the Iran-Iraq War, the price of Dogecoin fell from $0.132 to $0.1, a drop of 19%, and its market value also fell to $15.75 billion. This pullback formed a bearish trend within a symmetrical triangle pattern. Since June 2024, this pattern has formed dynamic resistance and support with two trend lines. In theory, this chart pattern indicates that the current trend may have a short-term correction, preparing for a subsequent breakout and continued movement.
If Dogecoin breaks below the 100-day and 200-day exponential moving averages in the near term, selling pressure could intensify, leading to a further 6% drop in price and a retest of the $0.1 support level. A reversal at this support level could extend the consolidation phase while providing an entry opportunity for buyers around $0.122.
On the other hand, if Dogecoin manages to break above the upper trendline in mid-October, buyers could push prices higher by the end of the month in an attempt to hit $0.15. In addition, according to Santiment, the number of wallets holding 1 million to 10 million DOGE is steadily increasing, with the current total holdings reaching 10.63 billion DOGE. This suggests that despite the large price fluctuations, large holders (whales) have been optimistic about the future potential of Dogecoin since October 2024. Historical data also shows that an upward trend in this indicator usually coincides with major market bottoms and potential reversal trends.

What do you think of Uniswap's upcoming DeFi-specific Layer 2 - Unichain? Recently, this news has caused widespread discussion in the public opinion, and some people interpret it as the "defection" of the top DeFi applications to Ethereum. But looking back at history, similar situations such as dYdX's independent application chain and MakerDAO's NewChain plan have also caused heated discussions. However, I think Uniswap's independent chain plan cannot be regarded as defection, but may become a catalyst for the development of Ethereum Layer 2. Here are my views:
dYdX's independent chain based on the Cosmos IBC architecture and MakerDAO's desire to get close to Solana to make an independent chain are mainly limited by the performance bottleneck of the Ethereum chain. Ethereum's Gas Limit determines that each block can only process a limited number of transactions, and the performance of the Layer 2 chain is limited by the main network's Rollup contract processing capacity even if it is expanded off-chain. Therefore, dYdX and MakerDAO finally chose an independent consensus chain. However, Uniswap has formulated an expansion plan combining off-chain preprocessing with on-chain from the beginning. Even if the chain is launched, it will remain closely connected with Ethereum, so there is no problem of "defection". Uniswap Labs announced that it would build Unichain Layer 2 chain based on OP Stack, which is in line with Ethereum's grand strategy centered on Rollup.
In my opinion, Uniswap, a project with phenomenal application genes, will likely become a catalyst to break the current Layer 2 development dilemma. In particular, as a Layer 2 chain dedicated to expanding DeFi, Unichain will greatly benefit the development of DeFi in the Ethereum Layer 2 market. At present, the Layer 2 chains of both OP-Rollup and ZK-Rollup have failed to fully stimulate the activity of DeFi applications. Therefore, the launch of Unichain is expected to bring new vitality to the Ethereum Layer 2 market.

$CATI Regarding the falling trend of this new coin and the reason for shorting, we can analyze it as follows:
The daily level falling trend of this new coin is relatively smooth, and during this period of decline, gaps often appear, making it difficult for long investors in the secondary market to recover their capital. This shows that the current downward trend is relatively strong.
As a new coin that has just been launched in the secondary market, its price often deviates from the cost price in the primary market. In the financial market, the average cost is an important factor in determining the price, which has a dragging effect on the price of the new coin. Considering the current sharp decline of the new coin, it is likely that the holders in the primary market sold it after listing because they had already gained huge gains in the early stage.
From a technical perspective, the new coin has signals of short entry, such as a long upper shadow line and a negative line with a closing price close to the lowest point, and a bearish pinbar formed by the three-day line. Combined with the smooth downward trend on the left, this shows that the current price is suitable for shorting. A reasonable stop loss is set at 0.59, and it is necessary to pay attention to position control to ensure that there is more than 20% stop loss space.
Regarding the setting of the take-profit position, 0.2788 is one of the prices where a large number of short-selling institutions take profit. Taking profit at this price, the profit-loss ratio reaches 1.7 times, and the winning rate is greater than 50%, which is a relatively high-quality transaction.
In summary, the new currency is currently showing a clear downward trend, and from the perspective of technical form and financial market principles, there are reasonable reasons for shorting. However, investors still need to be cautious when trading to ensure that risks are controllable.

$NEIRO Can it reach a price point of $1 in the short term? 🔥🔥
Recently, NEIRO’s price has risen due to a $1 billion inflow, which has sparked widespread discussion about its long-term growth potential. As a highly anticipated meme currency in the cryptocurrency market in 2024, whether NEIRO can reach a value of $1 has become a much-questioned topic.
Currently, NEIRO’s market capitalization has reached $747,923,036, ranking 102nd on CoinMarketcap, which is quite impressive. However, people are also beginning to question whether it can maintain this growth momentum. NEIRO is currently trading at $0.001776, with a change rate of 4.4% in 24 hours. Its circulating supply is as high as 420,690,000,000, which is one of the key factors that determine its price trend.
For NEIRO to reach a price of $1, its market cap would need to soar to $420,690,000,000, which would put it above global names like Samsung, Tesla, and VISA, and even rival Bitcoin’s $600 billion valuation. While this prospect doesn’t seem likely, NEIRO still has the potential to grow substantially.
DOGE’s success story shows that a compelling story is key to driving a meme currency. As a competitor to DOGE and Shiba Inu, NEIRO has demonstrated strong community support.
While reaching $1 may be a bit overly ambitious, NEIRO’s growth trajectory is still worth keeping a close eye on. Both its market cap and ranking have shown some resilience, and a bull run could drive its price higher further. However, given the volatility of the cryptocurrency market, investors should be cautious when making decisions.
NEIRO’s future will depend on whether it can maintain its current growth momentum and further expand its user base.

The current situation in the currency circle has attracted attention. The sluggish rise of Bitcoin has become a hot topic, and there seems to be a major reason behind it. So, what potential profit opportunities exist in tokens such as Neiro, Doge, People and BNB? Next, let's follow Shuqin's perspective to find out.
Shuqin first paid attention to the two tokens Doge and Neiro. She found that many smart investors were actively buying. In particular, the time point of November 5 is crucial for Doge and Neiro.
It turns out that Musk, the soul of Dogecoin, currently fully supports Trump. Not only does he frequently speak out on social media, but he also actively participates in Trump's offline activities. And Trump has also mentioned that if he wins the election, he will consider setting up a new government department called Department of Government Efficiency, whose abbreviation happens to echo the English abbreviation of Dogecoin, Doge.
Therefore, Shuqin believes that if Trump wins on November 5, the price of Doge and its successor Neiro is likely to soar, and it is not impossible to increase by 3 times in a week. This situation has precedents. When Musk announced his entry into Twitter, the price of Dogecoin tripled in just one week.
Judging from the on-chain data, a large number of whales bought Doge last week, with a net inflow of 2 billion, setting a new high since January this year. Neiro also showed strong growth momentum, breaking through the previous historical high against the trend.
Although Neiro's market value is relatively small, only 700 million, it has greater potential than Doge's market value of tens of billions, but Shuqin also reminded investors that due to Neiro's recent large increase, there is a certain risk of a callback. She suggested that investors wait for a deeper callback opportunity, such as a callback to a point above 0.0015 before entering the market, so as not to chase high and get trapped. Of course, while waiting for a callback, you can also consider covering your position in other potential tokens such as Pepe or WIF.

Analysis of the market's downward trend: The prices of major tokens are generally falling
I. BNB price dynamics
BNB current price: $569.7
Rise and fall: down 2.53%
Analysis: BNB prices continue to fall, reflecting the overall pressure on the market.
II. BTC price dynamics
BTC current price: $61,087.19
Rise and fall: down 1.72%
Analysis: As a barometer of the market, the price drop of BTC shows that the market is in a stage of shock and adjustment. However, I personally predict that it is more likely to rise in the future, and the price is expected to rise slightly between $62,000 and $65,000.
III. ETH price dynamics
ETH current price: $2,397.76
Rise and fall: down 1.43%
Analysis: ETH prices also show a downward trend, which is consistent with the overall market pressure trend.
IV. NEIRO price dynamics
NEIRO current price: $0.00165759
Rise and fall: down 4.94%
Analysis: NEIRO price has fallen sharply, far more than other major tokens, showing that the market is pessimistic about its future development.

Let’s look at the initial market caps of these projects: Notcoin is around $955 million, DOGS is around $865 million, HMSTR is around $638 million, and Ice is only around $4 million. There are some important lessons to be learned from this data.
The Ice project paid generous rewards to users, while HMSTR’s rewards were stingy in comparison. However, after a deeper analysis, we found that HMSTR actually invested far more money than Ice.
Why is this the case? The reasons are:
📍Ice’s token mining is insufficient, it has about 6.8 billion tokens, but only a very small number of users can mine a large number of tokens.
📍In contrast, Hamster’s mining is excessive, which leads to a wide dispersion of tokens.
✍️If you want to get a good return from airdrops, then you must avoid chasing only popular projects. Because these projects are often over-farmed (i.e. a large number of users participate in mining), which makes the number of tokens that individuals can obtain limited.
Instead, you should look for legitimate and under-farmed airdrop projects and invest in them. Such projects often have fewer participants, giving you the opportunity to get more tokens.
In addition, we should also note that the popularity of most projects is often just because they paid influential people to promote them...✍️Therefore, when choosing investment projects, we should be more cautious and not be fooled by the superficial popularity and influence.

The HMSTR token has fallen from its opening price of 0.014 to the current 0.0056, a drop of more than 60%, almost halved. Some people may be satisfied with this market and think that this is another successful investment. The reason why they can judge the price trend so confidently is because they have rich experience and in-depth understanding of many similar projects in the history of the currency circle. By comparing project data such as the number of airdrops, circulation, and total locked volume (TVL), they can predict market trends relatively accurately. For example, in the REZ project launched in April, they also adopted a similar approach and obtained considerable returns.

It is not complicated to make money in this market. The key is to have clear ideas and strategies. When the market trend is clear and profitable, you should act decisively and strike hard to ensure victory. When the market trend is unclear, you should be patient and choose to wait for the right time by going short.

Liang Xi, a figure who once became famous in the cryptocurrency circle, has a dramatic experience. At the age of 17, he started with only 1,000 yuan. In the turmoil of the Bitcoin market in 2020, he relied on a high-leverage short-selling strategy to quickly grow his wealth to 40 million yuan, so he was hailed as the "Contract God of War". His trading style is extremely aggressive, with an average of more than 1,500 transactions per week, almost one operation every 5 minutes, and each time using up to 60 times leverage.

Liang Xi's trading achievements made him quickly popular in the cryptocurrency circle, but the good times did not last long. As the market changed, he began to suffer continuous losses and his assets shrank rapidly. In the end, he not only lost all his wealth, but also had huge debts. This series of blows had a serious impact on his life and mental state, and he was sent to the hospital many times for mental problems.

Liang Xi's fall was full of controversy. He was prosecuted for selling Weibo accounts but failed to fulfill his delivery obligations, and was eventually sentenced to two years in prison for fraud. His story has sparked widespread discussion in the cryptocurrency circle and has become a profound warning, reminding people that they must maintain a balanced mentality and adhere to the principle of integrity in the pursuit of wealth and success.

Liang Xi's experience also reflects the harsh reality of the cryptocurrency circle. Although the cryptocurrency market contains unlimited opportunities, it is also accompanied by extremely high risks. Investors should maintain a rational attitude and not blindly pursue high returns while ignoring the importance of risk management.

I had the opportunity to own 10,000 $BNB when Binance first issued BNB on June 25. I successfully purchased these 10,000 BNB, and according to Binance's regulations, the number of purchases per person was exactly this number. The exchange rate at that time was 0.5 BTC for 10,000 BNB. Considering that the value of 1 BTC was between RMB 17,000 and 19,000 at that time, I only needed to spend more than RMB 9,000 to buy these BNB. However, BNB was listed on the exchange soon after, and due to the overall poor performance of the market, the price of BNB once fell below the issue price. Just one month after the listing, I ended up selling these 10,000 BNB at a price of 0.46 BTC, which was really a pity!

In September, the market was full of good news, which made people want to celebrate. The 50 basis point interest rate cut gave the market a little relief, and CZ's release from prison two days early triggered a carnival in the market. But we must stay sober and not be fooled by the "rainbow" in front of us. The upcoming long holiday is indeed exciting and nervous, because the market fluctuations during the holiday are unpredictable.

Therefore, I still stick to my point of view: stop when you are ahead. We should not let the profit retrace to the point where we feel upset. After all, making money is to enjoy life. If the money earned is not spent, then the fun of "making money" will be greatly reduced. Therefore, no matter when, we should enjoy the fruits of our hard work in time. At the same time, we must remember that the market will not stop running because of our holidays. Therefore, before the long holiday comes, we should harvest the profits on hand in time so that we can have a peaceful vacation without being bothered by market fluctuations.

Why You Should Watch $Cati Coin Now

If you are active in the cryptocurrency space, you may have heard of CATI. The token has been gaining traction since its launch on Binance. Recently, Cati’s price has dropped to its lowest point since its listing, prompting many investors to speculate whether this is a good time for potential buyers to enter the market.

What happened to $CATI?

Like many cryptocurrencies, $Cati has experienced market volatility. However, the recent price drop may provide a unique opportunity for investors who are looking to accumulate the token at a good price. Historically, such price adjustments often signal a rebound or broader market trend. The current lows may be a good time to take a deeper look at this project.

Why You Should Watch $Cati?

Cati Coin has been working hard to establish itself as more than just a cryptocurrency. With its integration into various DeFi ecosystems, innovative technologies, and an active community on social media platforms such as Twitter (@CatizenAI), the token shows potential for future growth. Investors and analysts are closely watching Cati’s developments, especially as it continues to build partnerships and expand its applications in the blockchain space.

Is now the best time to buy?

Given that the price of $Cati has fallen to its lowest level since listing, some investors may see this as a good opportunity to enter the market before a potential rise. However, it is important to remember that the cryptocurrency market is highly speculative and difficult to predict.

On Binance, most newly listed currencies follow an obvious trend pattern: they will fall for a few days at the beginning of the launch, then quickly rise, but then they will soon enter a sustained downward trend. This is actually a typical strategy for shipping new coins.

The first step of this strategy is to allow retail investors who have obtained airdrops through $BNB pledges to ship out first in the first week of the new coin's launch. Usually, within a week, those who only want to earn staking income and do not intend to hold for a long time will basically ship out at this stage. At this stage, market makers usually do not carry out market protection operations.
The second step is that when preparing to ship, the price will usually suddenly rise by half or double within two days, but the price will usually not exceed the previous high, and even if it exceeds it, it will not be too much, so as not to give the first batch of people who bought at the opening a chance to leave.
The third step, as a retail investor, the only thing you can do is to short with the market maker in the second step (split warehouse and use low multiples), because at other times, your short position may be hit by a sudden one-day rise at any time, and choosing to go long may directly become the exit liquidity of the project party. It takes relatively keen judgment to seize this opportunity, because the market maker will not maintain a high price for more than two days.

So, next time when you see a newly launched currency suddenly rise for one or two days, the first thing you should think of is that the market maker may start to ship, instead of thinking about whether the dealer is going to pull the market and whether you should go all in.

For those who sold HMSTR too early, it was a missed opportunity. Many times, when people don't know enough about the whole situation, they are too quick to call things a scam. They say HMSTR is a fraud, but is it true? Did you sell because you didn't make any money, or did you panic about the initial market volatility?

Let's analyze it in depth: $HMSTR has a user base of over 100 million. If each user holds $50 worth of tokens, it will form a huge market worth $5 billion. However, those who sold too early, not only did not realize this potential, but were busy complaining and feeling cheated.

My question is: Isn't $5 billion real money to you? Can you really understand the value represented by this number? Can you easily donate $5 billion to charity? I'm afraid not. But when you look at the market, you may feel that $5 billion is meaningless because you can't wait. For smart investors, this money is very real.

Indeed, it is easy to click a button to trade, just like playing a casual game. But when it comes to investing, we need to start analyzing instead of blindly clicking. The market was right in front of you, but instead of sticking with it, you were driven by fear or impatience.

Investing is not about instant gratification, but about identifying potential, following trends, and understanding market dynamics. However, some people would rather complain than learn. Maybe next time, before you say something is a scam, you should look more closely. Otherwise, you may regret selling too early.

In general, the price fluctuated around 6200 this week. Last week, we predicted that the price would rise to 65000. As expected, the price did rise to a high of around 66400 this week, and then began to pull back. This week, our strategy is mainly bullish, supplemented by bearish, and the market is relatively easy to grasp. The key is to do a good job of defense and keep up with the real-time rhythm of the second uncle, so there should be no big problems. The current price has fallen back to around 65500.

From the daily chart, after a week of bullish volume, it is difficult for the price to rise to a higher level. The current price is difficult to break through, but we still have to be wary of the continuity of the bulls. We can wait for the bulls' kinetic energy to be fully released before making high-altitude layouts.