5 laws of cryptocurrency trading in a bull market, remember!!! 1. Rapid rise and slow fall means accumulating chips Rapid rise but slow fall means that the dealer is accumulating chips and preparing for the next round of rise. 2. Rapid fall and slow rise means selling Rapid fall but slow rise means that the dealer is gradually selling and the market is about to enter a falling cycle. 3. Don’t sell at the top if there is a large volume, and run away if there is no volume at the top The top has a large volume and may continue to rise; but if the top volume shrinks, it means that the upward momentum is insufficient, and you should leave as soon as possible. 4. Don’t buy at the bottom if there is a large volume, but you can buy if there is a continuous large volume The bottom volume may be a relay of decline, which needs to be observed; continuous large volume means that funds are constantly entering, and you can consider buying. 5. Coin trading is about emotions, and consensus is trading volume Market sentiment determines currency price fluctuations, and trading volume reflects market consensus and investor behavior!#BTC冲破9万
Shawshank Trap Recently, I rewatched the classic movie "The Shawshank Redemption" and was very moved by the fate of Old Bull. He is a librarian in the prison and has served his sentence here for more than 50 years. His daily job is to push books around the prison for a few laps and then record the names of the borrowers. The relaxed and comfortable days made Old Bull very satisfied. He regarded this job as his full-time job and never thought of leaving until one day he was released on parole. The endless flow of cars on the street made him panic; the towering buildings made him feel suffocated. After being released from prison, he was assigned to work in a supermarket, but his aging and slow movements were always complained and criticized by customers. Living under high pressure, he couldn't even sleep well. Old Bull, who lived in fear every day, chose to commit suicide a year later. People are content with prison and die in freedom. This is the so-called "Shawshank Trap". There is a very good saying in the movie: "When you first enter prison, you hate the high walls around you; slowly, you get used to living in it; eventually you find that you have to rely on it to survive." Such prisons are everywhere in our lives. It is the iron rice bowl that is so stable that you lose your enterprising spirit; it is the housekeeping skill that is so reliable that you gradually become numb. After a long time, you are at ease and happy with it. But as long as a small change happens, you will find that you have become a weak chicken and have no resistance to the "black swan". There is an old saying: change is smooth, no change is blocked; change is prosperous, no change is declining; change is life, no change is death. Similarities and differences in the currency circle
ONDO Unilateral upward trend, the last unlocking was on January 17, 25, with a market value of 1.88 billion US dollars. The operating team is in the United States, and the capital behind it includes large institutions such as Wall Street BlackRock.
Ondo recently announced a partnership with asset issuance chain Noble to introduce its tokenized US Treasury products into the Cosmos (ATOM) ecosystem.
RON The trend is very similar to AXS in the last bull market, with more gains and less retracements, and a market value of 1 billion US dollars. Linear unlocking is 1.17 million US dollars/day, which is relatively mild. The operating team is in Vietnam, and the investment institution behind it is Axie.
PYTH Just unlocked a wave a few days ago, and the daily level trend has bottomed out twice, and the bottom is perfect. The last unlocking was on May 18, 25. The operating team is in the United States, and the investment institutions behind it include Multicoin Capitl, Delphi Digtial and other investment institutions.
ETH Ethereum ETF is about to be launched. I am not worried about Ethereum at all. As long as there is a pullback, it will give you a chance to get on board. It is expected that Ethereum will rise sharply in June and July!
PIXEL: PIXEL finally broke out. The bottom is very solid and the rise is very stable. This is just the beginning. You must hold it. Those who have not got on board should wait for the pullback opportunity to get on board in batches.
JTO: JTO This position is the position for batch layout. It is very close to the 120-day moving average. It is not expected to fall sharply. Start to layout in batches and wait for the outbreak!
MYRO: Myro is a potential meme coin in the sol sector. During this period, meme coins are in a pullback. You must take advantage of this pullback opportunity to make a batch layout. There will be great potential in the future.
AVAX: Avax finally gave the opportunity to get on board below 35. Don't hesitate when you see it below 35. When you should act, you should act in batches!
SOL: Sol also gave the opportunity to get on board near 160. If you give it again, you can still get on board. The recent hot spot is no longer on sol. The less hot it is, the better time to layout.
Retail investors cannot accept a stock above 60,000, which is the same logic as the government institutions cannot accept a stock below 60,000. If it falls back to a few thousand, then it must be a scam. If it rises above 100,000, then it must be a core asset.
BTC: After a brief adjustment on May 24 and 25, Bitcoin has re-entered an upward trend. This was mentioned in the analysis last week, but this upward trend will be slow, and only a crazy bull market will violently pull it up. In any case, as long as the market performance does not continue to fall, the market of the cottage market will always exist. Next, Bitcoin will try to break through the 70,000 mark again. It is estimated that it will break through again this week and then continue to rise, so everyone must hold the spot well. Liquid funds can play memes at will, and large funds must be long-term holdings of high-quality assets.
ETH: The news of the approval of ETF 19b-4 has been fully priced by the market. After a brief fluctuation on Friday, the upward trend officially started over the weekend, and it quickly broke through the 3,900 mark. The next goal should be to rush straight to the previous high of 4,093 in this round of bull market. Considering that the approval of S-1 in the future may take 2 weeks or even more than a month, it is expected that this period is very conducive to rising and breaking through. It is highly likely that a new high will be created within two weeks. If there is no moth in the macro economy and the expectation of interest rate cuts is carried out normally, ETH may even have a chance to touch the historical high.
Finally, there are still many things that I haven’t written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in a short article. Like and follow me!
Fetch.ai (FET) is an innovative project in the cryptocurrency space that aims to create a decentralized, AI-driven digital economy.
Project Vision: Fetch.ai envisions a world where autonomous agents powered by AI interact with each other and the environment to create an efficient and decentralized digital economy. These agents can perform a variety of tasks, such as data exchange, logistics optimization, and decentralized finance (DeFi) operations.
Utility: FET tokens are used to power the Fetch.ai network. They are used to pay transaction fees, network access fees, and services provided by autonomous agents.
Staking: Users can stake FET tokens to participate in network consensus and earn rewards.
Supply: Fetch.ai's token supply is capped, which helps manage inflation and maintain value over time.
Innovation and Adoption: Fetch.ai's unique combination of AI and blockchain can drive widespread adoption across industries. As more businesses and cities implement Fetch.ai's solutions, demand for FET tokens is likely to increase, driving up its value.
Market Trends: The growing interest in AI and blockchain technologies could push Fetch.ai to the forefront of technological advancement, making it a promising investment.
Fetch.ai (FET) holds great potential due to its innovative approach combining AI and blockchain. Its diverse use cases, strong partnerships, and growing interest in decentralized technologies make it a promising project.
WIF is a meme coin launched by the SOL public chain, designed to provide fun and attractive investment opportunities while still offering huge profit potential. Key features of Dogwifhat (WIF):
Meme Coin Concept: WIF adopts the Meme Coin concept, using funny and humorous publicity to create a strong community around the token. This community-driven approach has played an important role in the success of other meme coins such as Dogecoin.
Scarcity and Limited Supply: WIF is designed with a limited supply to create scarcity and drive up its value over time. This scarcity factor is critical to attracting investors seeking long-term growth potential.
Transparency and Security: The WIF platform prioritizes transparency and security, ensuring that users can trust the integrity of the system. This commitment to security is critical to maintaining investor confidence.
Dogwifhat (WIF) provides a unique opportunity for investors who want to take advantage of the potential of meme coins and community-driven cryptocurrencies. While there are inherent risks in investing in any cryptocurrency, WIF's innovative approach and strong community support make it an attractive investment opportunity for those willing to take the risk.
Fetch.ai (FET) is an innovative project in the cryptocurrency space that aims to create a decentralized, AI-driven digital economy.
Project Vision: Fetch.ai envisions a world where autonomous agents powered by AI interact with each other and the environment to create an efficient and decentralized digital economy. These agents can perform a variety of tasks, such as data exchange, logistics optimization, and decentralized finance (DeFi) operations.
Utility: FET tokens are used to power the Fetch.ai network. They are used to pay transaction fees, network access fees, and services provided by autonomous agents.
Staking: Users can stake FET tokens to participate in network consensus and earn rewards.
Supply: Fetch.ai's token supply is capped, which helps manage inflation and maintain value over time.
Innovation and Adoption: Fetch.ai's unique combination of AI and blockchain can drive widespread adoption across industries. As more businesses and cities implement Fetch.ai's solutions, demand for FET tokens is likely to increase, driving up its value.
Market Trends: The growing interest in AI and blockchain technologies could push Fetch.ai to the forefront of technological advancement, making it a promising investment.
Fetch.ai (FET) holds great potential due to its innovative approach combining AI and blockchain. Its diverse use cases, strong partnerships, and growing interest in decentralized technologies make it a promising project.
Tellor is a decentralized oracle protocol for updating on-chain smart contracts with valuable off-chain data. Its oracles provide data that can be requested, verified, and on-chain without permission. Data reporters compete for TRB incentives to bring valuable on-chain information to diverse DeFi applications.
TRB is up 11.35% in the past 24 hours. Over the past year, the price has surged 883%. It is trading 126.12% above its 200-day moving average of $53.52, showing strong levels. However, the 14-day RSI of 72.72 suggests that it may soon fall. TRB has been green for 17 of the past 30 days, accounting for 57% of the period. It has a high volatility of 37% over 30 days and is highly liquid with a volume-to-market cap ratio of 3.8711. TRB currently looks like a great investment option, but investors should be aware of its volatility and the possibility of a short-term price drop.
Pepe, once nicknamed the "sad frog", has achieved a leap-forward growth of 375,000 times in just 21 days at an astonishing speed in 23 years. This feat has undoubtedly left a strong mark in the history of blockchain. Breaking the existing framework of MEME, its rise is not only a challenge to traditional concepts, but also a vivid interpretation of the infinite possibilities of the digital age.
The uniqueness of Pepe in attracting whales is that it is not only a digital currency, but also an innovative platform based on blockchain technology. It is built on a decentralized network, breaking the shackles of traditional finance and allowing every participant to participate and contribute freely. Through NFT technology, PEPE gives true ownership to unique content, allowing the value of digital assets to be fully reflected.
The recent Pepe whale movement has exacerbated market volatility and allowed people to see the potential and influence of PEPE. We have reason to believe that Pepe is moving towards a more brilliant future.
There is a saying that makes sense, "When a coin starts to be heavily pledged......" The rest of the story is everyone's accident. The story of pledge has been told over and over again. Cake and MDX have cheated many old leeks. They are all pledged in years. It is said to be a bull market at present, but it seems to be only a technical one-sided bull market. Most of the copycats have not taken off.
Ordinals Protocol: This is a blockchain-based platform built on top of the Bitcoin network. It allows users to burn digital content such as text, images, audio, and video to a single satoshi (the smallest unit of Bitcoin). This creates a new type of digital asset with unique characteristics on the Bitcoin blockchain.
ORDI Token (ORDI): This is a cryptocurrency that operates independently of the Ordinals Protocol. It is the first token created on the Bitcoin network using the BRC-20 standard, which is commonly associated with the Ethereum blockchain.
The Ordi platform has recently received attention for its innovative use of the Ordinals Protocol, which integrates data directly into Bitcoin's smallest denomination, the "Satoshi". By leveraging the vast resources of 2,100 trillion Satoshis, Ordi facilitates important data storage functions on the Bitcoin blockchain itself without the need for additional tokens or changes to the blockchain's basic structure.
However, ORDI has encountered significant challenges in the past two months, falling from highs near $90 to stabilizing at $30 this week. If the broader market rebounds, there is a good chance that the ORDI price will rebound to a new all-time high!
Founded in 2018, Alchemy Pay acts as a bridge between cryptocurrencies and fiat currencies. It provides seamless transactions for merchants and shoppers around the world. By integrating Alchemy Pay into its existing services, merchants in more than 60 countries can accept payments in more than 300 cryptocurrencies, thereby enhancing its global reach and accessibility. This innovative approach requires only minimal changes to merchants' operations, making it accessible and user-friendly.
Recently, it was announced that Alchemy Pay has partnered with Floki to enhance the accessibility of cryptocurrencies. The partnership allows users to purchase Floki directly from the Alchemy Pay platform using their preferred fiat payment method. Floki's mission is to become a widely recognized cryptocurrency. This is in line with Alchemy Pay's goal of bridging the gap between cryptocurrencies and fiat payments, expanding accessibility and usability for users around the world. With this latest partnership, ACH has had a positive impact on its price action.
ACH is currently up 2.62% in the past 24 hours, showing steady growth. ACH is trading above its 200-day moving average at 93.57% and has a 30-day volatility of 13%, demonstrating stability in the face of market volatility. Additionally, ACH has high liquidity with a volume-to-market cap ratio of 0.2099. This strategic positioning sets the stage for continued market expansion and adoption.
Unlike many cryptocurrencies with lofty goals and complex features, Dogwifhat embraces its simplicity. Inspired by a viral internet meme (a Shiba Inu wearing a pink knitted hat), WIF launched in November 2023 and quickly captured the hearts (and wallets) of memecoin enthusiasts. Meme Coin Identity: Dogwifhat proudly holds its meme coin identity. It does not boast complex DeFi applications or revolutionary blockchain technology.
Solana Blockchain: WIF runs on the Solana blockchain, known for its fast transaction speeds and scalability. Community Driven: The Dogwifhat community plays a major role in the development of the token. Their enthusiasm and online presence have contributed to its popularity.
Despite a slight drop of 5% in the past 24 hours, Dogwifhat has maintained an impressive monthly gain of over 25%. WIF is currently priced at around $2.96, demonstrating its resilient position in the market. Market Cap: As of April 22, 2024, WIF has a market cap of over $2.9 billion, surpassing established meme tokens such as Shiba Inu and Pepe Coin.
Cost-effectiveness: From its launch in November 2023 to March 2024, WIF's price has risen by an astonishing 150,000%. The long-term trend is likely to break through $10!
PYTH is the token of the Pyth Network, which is a decentralized oracle network that provides high-fidelity, sub-second, and cross-chain data sources for smart contracts, aiming to solve data quality, availability, and consumption issues in the decentralized finance (DeFi) space and beyond.
A lot has happened with Pyth Network (PYTH) recently. The price rose 15.86% last week. But in the last month, it has fallen 28.01%. If you look back at the past six months, the price has actually risen a lot - 76.73%. Currently, the price has risen from $0.57 to $0.72. Price movements don't just go up or down in a straight line. Sometimes they rise very quickly and then slow down or back off a bit.
Looking ahead, Pyth Network (PYTH) may continue to fluctuate up and down. It may try to break through $0.79, but if it doesn't hold up, then it may fall towards $0.48, which is where it tends to find safety and stop falling. People are both positive and cautious about PYTH. If the crypto world performs well, PYTH will also grow and may even break through $0.94.
SEI’s latest announcement introduces its newest feature: the Telegram Mini app. The app allows users to easily predict multiple trade outcomes. Users can swap views, exchange items, and bookmark their favorite predictions. This development has pushed the token’s value into the top gainers today.
SEI has gained attention amid the current surge in altcoins due to its recent price surge. It has experienced a staggering 38% gain to $0.6547 over the past 7 days. The price surge has been accompanied by an 80% increase in trading volume, indicating growing interest from traders. Furthermore, SEI has quickly climbed to the top 100 token projects by market cap. This has subsequently indicated an increase in token adoption. SEI is trading close to its cycle highs and has high liquidity based on its market cap. With increasing community interest and investment in SEI, the token has the potential to reach new heights in the market.
Meme-Inspired Cryptocurrency: Launched in August 2020, SHIB is an Ethereum-based ERC-20 token that is the counterpart to the popular Dogecoin (DOGE), another Shiba Inu-themed meme coin.
Large Community: SHIB has gained a huge following and has a strong online community. It is considered a decentralized currency, meaning it is not controlled by any single entity.
Shiba Ecosystem: SHIB tokens form the basis of the wider Shiba ecosystem, which includes other tokens such as Leash (LEASH) and Bone (BONE) for swapping, staking, and participating in the ShibaSwap decentralized exchange.
Over the past month, the price of Shiba Inu Coin (SHIB) has shown a sustained upward trajectory, breaking through multiple resistance levels and achieving a significant 31% gain. This trend indicates strong bullish sentiment within the market. Despite brief sideways movements and minor retracements, SHIB continues to present itself as an attractive investment opportunity.
Zilliqa (ZIL-USD) has not participated in the altcoin rally. The ZIL token has remained largely sideways over the past 12 months. In my opinion, this is a great opportunity to accumulate. Once a breakout occurs, a 2x to 5x return could be in the blink of an eye.
To summarize, Zilliqa is the world’s first blockchain network to use the concept of sharding. In this technology, transactions are divided into smaller groups and parallel transaction verification is done among miners.
This means faster transaction speeds and significantly lower costs on the Zilliqa network compared to Bitcoin or Ethereum (ETH-USD). Another problem that Zilliqa solves is scalability. The transaction capacity scales as the size of the network grows.
It is also worth noting that the ZIL token has an attractive annual interest rate of 10.3% and currently about 29% of the circulating supply is staked. Therefore, users can secure the network and earn a significant annual interest rate on an undervalued token.