You know what, the formula in the currency circle is quite useful. Haha, here is a complete formula for everyone. You can add positions if there is a big drop in the morning, and reduce positions if there is a big rise in the morning. Only reduce positions if there is a big rise in the afternoon, and buy the next day if there is a big drop in the afternoon. Do not sell coins if there is a drop in the morning, and add positions T+0 when the price drops. Do not chase the rise in the afternoon, and reduce positions T+1 when the price rises. Look at 10 points when the price rises in the morning, and look at 2 points when the price rises in the afternoon. Sell at the highest point. If the coin is strong, it will be closed at 10 points. If the coin is not strong, it will be closed at 2 points. Control the position and do not take chances. Rolling operation is the best strategy. Do not short in a bull market, and do not long in a bear market. Do not sell at a loss in a bull market, and do not chase the rise in a bear market.
Cardano ($ADA ) is currently at a critical juncture. On the one-day chart, ADA is hovering below a symmetrical triangle pattern and is trading at $0.3585, down 0.80%. Symmetrical triangle formations often signal an imminent big move in price, and the key will be whether ADA can generate enough bullish momentum to break out to the upside. Looking at technical indicators, the Relative Strength Index (RSI) stands at 46.96, placing ADA in neutral territory, indicating a lack of strong directional bias in the market. The narrowing Bollinger Bands mean lower volatility, with ADA trading near the middle band, with the upper band at $0.3969 serving as key resistance. To confirm a bullish breakout, the RSI needs to climb above 50 and buying momentum should increase significantly to push the price above key resistance levels. On-chain data is a mixed bag. Slightly positive net network growth is seen as a bearish signal, and declining concentration suggests large holders may be reducing their positions. The Money indicator shows that 3.43% of ADA holders are in profit, providing a slightly bullish outlook. Large trades remain neutral, meaning whale activity is neither bullish nor bearish. Cardano’s social dominance currently stands at around 0.491%, reflecting moderate community interest. In the cryptocurrency market, the level of social attention is crucial, and major price movements are often associated with increased social discussion. Cardano’s surge in social dominance could drive greater market interest and help achieve a breakthrough, but ADA will need more sustained social buzz and mass buying to truly capitalize on this technical setup. All in all, Cardano is at a critical moment. Technical setup suggests a breakout is imminent, but significant buying momentum will be needed to overcome key resistance levels. Mixed on-chain data increases market uncertainty. If Cardano can rebound on social and market sentiment, a breakout could push the price higher in the coming days. #美国大选如何影响加密产业?
In the B circle⭕️, you must know that everything is possible You can't be unbelieving. The market will break your cognition. I didn't expect that Xiao Maotai would rise more than 50 times from more than 80 to 4800 in the last round. I didn't expect that 312 would fall 50% in a single day. I didn't expect that before the last round of halving, the big cake had risen from more than 3000 to 1.37w, and it could be adjusted from 13,700 to 4000. I didn't expect that a dog B that is issued every year and has no ecology and application can rise hundreds or thousands of times under Musk's shouting. I didn't expect that a bunch of Shib and zoo B that were not shouted could be hyped up like that. I didn't expect that the third-ranked FTX exchange would suddenly go bankrupt. So in this circle, nothing is impossible, whether it is possible to go up or down So control your positions well, keep a clear mind, don't just think about profits, the principal is more important
Be cautious about these two types of altcoins 1. Large market capitalization: Altcoins with a large market capitalization tend to have experienced a round of prosperity and are at risk of being replaced. For example, EOS, BCH, BSV, IT C, TRX, XRP, FIL, LUNA, and the current ADA, SOL, DOT, LINK. These currencies may be replaced in the next round of competition. 2. Those with a low market capitalization and almost no trading platform: Although Dogcoin has all the achievements in the last round, except for SHIB, most altcoins are just cutting leeks. Therefore, don't bet on altcoins with a low market capitalization and no trading platform, the probability of success is very low. #美国大选如何影响加密产业? #BTC要挑战7W大关了吗?
$FTM : Short sellers, whales drive FTM rally – is $1 within reach?
Fantom (FTM) has been on a steady upward trend in recent weeks. With a 30-day gain of over 50%, the current price is $0.76, up 9% in 24 hours. On one hand, short liquidations surged, exceeding $1 million in 24 hours, the second highest level this month. When the price rebounded into the short liquidation zone, short sellers were forced to buy, creating upward momentum. On the other hand, large transactions surged by 1,000%. Data shows a significant increase in FTM transactions over $100,000, indicating that a surge in whale activity has driven FTM gains to monthly highs. However, it should be noted that whales control 73% of the total supply of FTM, which may trigger price fluctuations. From the technical indicators, the 50-day simple moving average has crossed the 150-day simple moving average, and if it continues to cross the 200-day simple moving average, it will form a golden cross, adding to the bullish sentiment. The relative strength index is 64, showing that there are more buyers than sellers. If the buying pressure continues and FTM stays above $0.76, the next major resistance area is above $1. The surge in open interest may also support large price movements. So, is $1 within reach for FTM? Let's wait and see.
$BONK Price Prediction: With the help of key support, can a 25% increase be expected? Recently, BONK has attracted much attention in the cryptocurrency market. In October, BONK received key support. Looking back at September, BONK experienced a strong recovery, with a net increase of nearly 65%. However, in the first half of October, its gains cooled down, but the pullback remained above the key support level of $0.000022. From the daily chart analysis, if BONK can maintain above this key support level, it is expected to achieve a 25% return. If the recovery trend is further expanded and reaches the next target, it may gain up to 54%. In terms of technical indicators, the Stochastic Relative Strength Index (RSI) reversed from the oversold zone, while the regular RSI also remained above the neutral level, which is a sign that a bullish reversal is underway. Above-average demand is likely to support BONK's upward trend. In addition, from the perspective of traders' expectations, smart traders on the Binance exchange are net long on BONK, with 68% of positions betting on BONK's rise. The performance of this futures market shows an overwhelming bullish sentiment. It is worth noting that the liquidation heat map also marks $0.000022 as a key liquidity area. This further strengthens the importance of this price as a key support area. However, if the BONK price falls below this key support level, the current bullish argument will be invalid. In summary, in the current market environment, if BONK can continue to obtain key support, it is possible to achieve a 25% increase. However, the cryptocurrency market is highly uncertain, and investors need to carefully assess risks and make wise decisions. #Meme浪潮持续,你看好哪一个? #美国大选如何影响加密产业?
$DOT After a continuous decline, it has returned strongly in the past week, surging 6.36% on the weekly chart and up 12.82% since hitting a low of $3.9. The SMA flipped on the daily chart, indicating strong upward momentum. At the time of writing, DOT is trading at $4.37, up 3.63% in the past day. Previously, DOT fell 2.12% on the monthly chart, but now the market demand has increased, and its trading volume has surged 12.30% to $133.93 million, and the market value has increased by 3.78%. Crypto analyst Ali Martinez believes that DOT may follow Fantom's historical pattern. If the pattern holds, DOT may soar to $9.7, retrace to $6.7 and then rebound to a yearly high of $20. DOT currently has favorable market sentiment, investors are bullish, open interest is increasing, funding rate is positive, and long liquidations are declining. DOT faces multiple rejections at $5.0, a break above this level could see it hit $6.5 in the short term, and a very bullish scenario would see it reclaim the June high of $7.3.
Moonwell Cryptocurrency Up 100% in 7 Days: Is a 63% Rise Possible?
In the cryptocurrency market, Moonwell has been performing impressively recently. Its native token WELL has gained more than 100% in the past seven days, becoming one of the market's focal points.
Moonwell's price action is currently bullish, with the WELL token trading above $0.05. The WELL/USDT price has been climbing steadily since the market crash on August 20 confirmed the bottom. If it can break through and hold the key $0.05 level, the token is expected to move towards the $0.08 target, which would bring a potential gain of more than 63%. From the Bollinger Bands and MACD indicators, it also shows a good trend. The Bollinger Bands indicate an increase in momentum, and the MACD is already bullish, with enough trading volume to keep the price going higher and possibly above $0.08. At the same time, Moonwell's rising market capitalization also suggests a growing market interest, and if WELL reaches its target price, it could set a new all-time high.
From a technical perspective, Moonwell's migration to the underlying blockchain has triggered a surge in its total value locked (TVL) and borrowing amount. TVL currently stands at $263.36 million, with $143 million borrowed. In addition, active loans grew 56% on a monthly basis, and TVL grew 72%, equivalent to an increase of $102 million. Token Terminal's data further highlights the significant growth in fees generated by the Moonwell protocol, confirming its steady growth. WELL's trading volume has increased by 204% over the past month, to approximately $70 million. Net deposits have also seen similar growth, increasing by 63%, totaling $229 million. Market capitalization has increased by 41% over the past 30 days, all of which reinforce Moonwell's development potential. For investors, Moonwell's price action provides a good investment opportunity. If Bitcoin and Ethereum continue to maintain their upward momentum, Moonwell's staking rewards and liquidity may receive a greater boost, driving the token value further up. Given its good development prospects, WELL is expected to continue to climb in the coming months, possibly reaching new heights.
As an important force in the blockchain field, Ethereum has always attracted much attention. Recently, Ethereum co-founder Vitalik Buterin proposed key upgrades for the future development of Ethereum. The upgrade proposals include single slot termination, which will speed up block confirmation, improve transaction efficiency, and enable users to complete transactions faster. At the same time, the proposal for a single secret leader election aims to achieve democratization and enhance security, prevent censorship and attacks, and ensure stable operation of the network. Currently, Ethereum is trading at $2,520, an appreciation of 2.37% in 24 hours. MACD formed a bullish crossover, but the price has not made a clear move on the 50-day EMA. Bulls need to break through the 200-day EMA resistance of about $2,800 to reverse the bearish trend. Vitalik Buterin's key upgrade proposal brings new hope for the future of Ethereum. However, achieving these upgrades requires the joint efforts of all parties in the Ethereum community, including developers, miners, and users. At the same time, it is also necessary to pay close attention to market dynamics and technological developments, and constantly adjust and optimize the upgrade plan. Let us all look forward to Ethereum continuing to play an important role in the future and contribute to the development of blockchain technology!
📢Over $200 million worth of tokens unlocked this week, Arbitrum and Axie Infinity lead💥 October is a key month for token unlocking, with over $1 billion worth of tokens to be released. This week, several major projects have seen major unlocking events. 🌟Arbitrum will release 96 million ARB tokens, worth approximately $51 million, or 2.65% of the total supply. This unlocking could have a significant impact on prices and market dynamics. 🐱Axie Infinity plans to release 9.25 million AXS tokens, worth over $43 million, or 6.08% of the total supply. In addition, Eigen Layer will unlock 11.22 million tokens, worth over $40 million, or 6.01% of the total supply. Starknet will release 64 million STRK tokens, worth approximately $27.3 million, or 3.30% of the supply. ApeCoin will unlock 15.6 million APE tokens, worth about $11.42 million, accounting for 2.31% of the supply. Cardano will unlock 18.53 million ADA tokens, worth about $6.4 million. Several projects will also experience linear unlocking this week. Worldcoin will release 37.23 million tokens worth more than $85 million, and Solana will unlock 524,000 tokens worth nearly $80 million. Dogecoin and Sui will also experience linear unlocking. Token unlocking may have a multi-faceted impact on the market. Investors need to pay close attention to market dynamics and make decisions carefully.
Can Cardano ($ADA ) break through the key $0.40 resistance level? In the current cryptocurrency market, the trend of Cardano (ADA) has attracted much attention. Currently, ADA is inching closer to the important price level of $0.40. Looking at the market performance, ADA is currently trading at $0.3564, up 0.94% over the past day. Although this increase is not significant, it has also attracted the attention of investors. Sentiment is more cautious, with open interest growing steadily, suggesting traders are cautiously optimistic about ADA’s potential to break above the $0.40 resistance. Looking at technical analysis, ADA’s relative strength index (RSI) is at 45.84, which is in neutral territory and is neither overbought nor oversold. This means that ADA’s price action is currently relatively balanced, with no clear upward or downward trends. The Moving Average Convergence Divergence (MACD) indicator is close to a zero crossing, which could signal a change in momentum. However, if not enough buyers step in, this could simply be a signal of consolidation. On-chain data shows modest but positive signs. The net network growth was 0.09%, which indicates a certain increase in activity on the Cardano network. At the same time, only 1.40% of ADA holders are in profit, which may mean that the market still has a lot of room to rise. Additionally, concentration levels remained stable, with large transactions declining slightly by 0.41%, suggesting that institutional investors are currently taking a cautious approach. From the perspective of clearing data, the total clearing data reflects the equilibrium state of the market. Short liquidation was 17.6K and long liquidation was 4.97K with minimal market disruption. This suggests that traders are waiting for a decisive driver to determine ADA’s future direction. To sum up, ADA’s current indicators show potential for a move above the $0.40 resistance. However, the market still needs more bullish momentum to truly achieve this breakout. Investors and traders should pay close attention to market dynamics in order to make informed decisions at the appropriate time. How does copy-regenerating sentiment in the cryptocurrency market affect Cardano’s movements? What are the future prospects for Cardano? What factors could push Cardano above the $0.40 resistance?
Tron destroys 10M tokens – will this impact TRX price growth?
Recently, TRON took a major step to destroy more than 10 million tokens. This action has attracted widespread attention in the market and has also made people start to think about its potential impact on the price of TRX. 1. The significance of token destruction TRON's token destruction action demonstrates its firm commitment to value growth and deflation. By removing a certain number of tokens from circulation, the supply is reduced, which could theoretically have a positive impact on price. The destruction resulted in a net negative production ratio of -5,069,243, while removing $809,558.11 in circulation, which undoubtedly sent a strong signal to the market.
Ethereum’s dilemma and future prospects: challenges and opportunities under investor transfer
Ethereum (ETH) is facing many challenges amid the dynamic changes in the cryptocurrency market. As investors' attention gradually turns to Solana (SOL) and Bitcoin (BTC), Ethereum is struggling in the current cycle.
Compared to Bitcoin and Solana, Ethereum has attracted significantly less investor interest. From the year-to-date (YTD) data, Ethereum has only provided investors with an 8% return rate, while Bitcoin and Solana have both achieved double-digit returns. This gap has gradually shifted investors' attention away from Ethereum. Preferences of institutions and private capital
Ethereum traders need to watch key levels to avoid sell-off risk
In the cryptocurrency market, the trend of Ethereum (ETH) has always attracted the attention of traders. Although Ethereum has achieved a certain degree of gains on the monthly chart recently, the market situation remains complex and volatile, with many potential risks.
Currently, Ethereum is trading at $2,404. Judging from the chart data, it has moderate gains on the monthly chart, is up 1.06% on the weekly chart, and is also showing an upward trend on the daily chart. However, it is important to note that it is still significantly below the recent high of $2,700 and even more so from the all-time high of $4,878.
《$DOGE : Lagging behind or ready to go? ——Exploring the impact of the shift in the memecoin market on its rebound》 In the world of cryptocurrency, Dogecoin (Dogecoin, DOGE) has always attracted much attention. However, recently people can't help but start to wonder: Is Dogecoin lagging behind? With the shift in the memecoin market, its rebound seems to have been hindered to a certain extent. Bitcoin recently fell below $61,000, and this change created an opportunity for traders to acquire memecoins at a low price. Among the many memecoins, Dogecoin's performance is not satisfactory, and the increase is at a lower level. Currently, DOGE faces some resistance and is trading at $0.10792. Despite some bullish signals, it is still a long way for investors to achieve profitability. It is worth noting that a well-known address holds a large amount of DOGE and is currently in a loss. If the meme cycle can continue to hype, then investors may be able to gain benefits in the future. However, DOGE is currently under pressure from emerging competitors. Its price fluctuates greatly and its net flow is negative, which means that the outflow of funds is greater than the inflow. The future of DOGE depends largely on the performance of other memecoins, and there is a risk of falling into a consolidation phase. Overall, Dogecoin does face many challenges in the current market environment. The shift in the memecoin market has brought uncertainty to its rebound. But this does not mean that DOGE has no chance. Investors and market participants need to pay close attention to market dynamics to judge the future trend of Dogecoin. Whether it is really lagging behind or preparing for the next outbreak remains to be tested by time. #6万保卫战 #9月美国CPI实现6连降
Check if $XRP can rebound 500% from current levels to reach new heights
As the global cryptocurrency market faces a gradual downward trend, XRP is showing a different trend. Currently, XRP is trading at $0.5384. Despite the overall market decline, XRP has risen 2.2% in the past 24 hours and 2.7% in the week. This counter-trend performance has made XRP a hot topic in the market. Crypto analyst Javon Marks holds a bullish view on XRP. He found a hidden bullish divergence pattern on XRP's chart. He believes that if XRP can break through this pattern, it will trigger a major surge in price. This surge has the potential to take XRP back to its all-time high of $3.317 and achieve a price increase of more than 500%. And this may just be the beginning of a larger upward trend. Looking at XRP's relative strength index, according to CryptoQuant, its RSI value is 39. RSI is an indicator used to measure whether an asset is overbought or oversold. XRP's RSI value of 39 indicates that it is not in the overbought zone, which leaves room for potential price increases. According to Coinglass, XRP's open interest surged by 3.19%, reaching a valuation of $713.26 million at press time. At the same time, the open interest volume jumped by 87.98% to $1.33 billion. The growth in open interest and interest volume indicates that investors' interest in XRP is increasing, which also means that there is a clear upward momentum behind XRP. In summary, XRP has shown certain upside potential in the current market environment. However, the market is complex and changeable, and whether its price can really achieve a sharp rebound as expected by analysts requires further observation of the market's dynamics and the combined influence of various factors. #特朗普当选概率上升 #SCR开盘
Is the cryptocurrency industry a shortcut for young people to buy cars and houses in a short period of time? Many young people have indeed made money in the cryptocurrency industry that they may never make in their lifetime. This is a fact. But more people are losing money. They use their losses to help those who quickly make money to buy cars and houses. This is the current situation. Most people enter the cryptocurrency industry because they are definitely attracted by the price. Because it rises so much in a day, they see who is getting rich around them. They are tempted, then enter the market, and then lose money. Don't feel a little embarrassed that you are tempted. It's actually normal. I dare say that everyone comes to the cryptocurrency industry because they are tempted. Doing everything is tempting. No one wants to do something without any temptation. Don't be embarrassed to admit it, this is the fact. Then I will talk about the common characteristics of young people making money in the cryptocurrency industry in the short term. They especially understand human nature, can control greed, have strict plans, know how much to stop, and can perceive market cycles. They are not gamblers, do not blindly leverage, do not make small profits, and make big money if they want to make money. Be patient, know that money doesn't come in a hurry, and stick to a few varieties without changing tracks. Be able to cross the bull-bear cycle, and strive to improve cognition and learn more. Don't be stingy with money for learning, and don't be stingy with money for making friends. Participate in various projects, be diligent, and work hard, but don't play leveraged contracts, play everything else. That means except gambling. You can make money in the currency circle, small money, big money, airdrop money, acceptance money, arbitrage money, new money, and swing trading money. Make all the money from hoarding coins, and devote yourself wholeheartedly. It is not recommended that you have a small principal, and it is not recommended that you have only a few thousand or tens of thousands. By the way, people who work hard to make money in the currency circle basically don't fall in love or get close to women. I don't know if you can do it. It's not that they don't like women, but they have forgotten these things. When the bull market comes, their vitality is concentrated in the currency circle. They no longer have time to care about other things, and focus makes them successful. Young people finally buy cars and houses by themselves, a small part of which depends on luck, and most of them are exchanged for the things I said. I hope you can become that young man. Come on
Justin Sun is a great talent of the time. Although his behavior of cutting leeks is deeply hated by the leeks, as long as he wants to make trouble, those leeks who once scolded him will flock to him again, just like moths to a flame. In the field of cryptocurrency, Sun Ge's reputation is earth-shaking. His life seems to be like a cheat code, as he has soared to the sky at a young age. However, he has earned too much money, so his means must not be clean. First of all, his talent is unquestionable. He was able to stand out in the fiercely competitive New Concept Essay Competition and eventually enter Peking University. Can you and I do the same? In this respect, he is indeed outstanding. The most important thing is that he is bold. He did things that we dare not even think about, such as career changes, such as changing departments and studying abroad, which also shows his determination to pursue and not be afraid of change.
$SUI is showing signs of fatigue after a sharp rise. Will it fall in the future?
SUI has performed well in the cryptocurrency market in recent months. In the past 30 days, the price has soared by more than 98%, and the market value has doubled by more than $5 billion. However, after more than a month of steady growth, SUI's rebound is now showing signs of fatigue. The outflow of funds increased, the price fell, the trading volume decreased, and the seller's pressure increased. The relative strength index formed a sell signal. If there is little buying activity, the price may fall to the $1.70 support level; if it wants to continue to rise, it needs to break through the $2 resistance. The derivatives market also showed that SUI cooled down, the open interest decreased, the liquidation amount was high and long traders were liquidated more, and the long-short ratio was close to neutral but with slightly more shorts. The future trend of SUI is full of uncertainty, and market participants need to pay close attention.
Dogecoin's struggle continues, but will a 2021-style bull run come?
Currently, the price of Dogecoin is down 1.6%, trading at $0.1071. Although it has seen a small increase of 2.7% in the past week, the overall performance is sluggish and it is still struggling. Crypto analysts pointed out that Dogecoin has a "Williams Alligator" technical pattern, which is similar to the consolidation stage before the 2021 bull run, sparking speculation about the future bull run. However, fundamental analysis shows that Dogecoin's relative strength index is 38, which is neutral, and whale transactions have dropped sharply from 1.56k to 1.1k, indicating a decline in interest or confidence among large investors. Whether Dogecoin can usher in a 2021-style bull run in the future is still full of uncertainty, and we need to continue to pay attention to market dynamics.