The invisible wealth law of successful people in the cryptocurrency circle.

1. The upper class is mostly low-class people, and the lower class is mostly noble people.

2. Never let anyone around you know what you rely on to make money and how much money you make.

3. The only bargaining chip for the poor is time. If you want to make a comeback, you must give up those entertainment activities that wear down your will and devote every minute and every second to the torrent of self-improvement and value creation.

4. When you know that you bought a house for 200,000 yuan, lived in it for a few years, and sold it to others for millions, you suddenly realize that wealth is not entirely created by hard work.

5. Saying a few nice words can get half of the people, giving a few gifts can get 70% of the people, and saying just the right words and giving some gifts that others like can get 90% of the people.

6. Making big money is often a matter of three to five years. If you have it, you have it, and if you don’t, you don’t have it.

7. Most people hold a very stupid idea that they can run a store or company for a lifetime and support themselves for a lifetime. However, the reality is cruel. Don't hold on to it, otherwise the end result is often to lose the profit intact and end up in debt.

8. You must save your living expenses for many years in the years when your career is going smoothly. Then sell the business at the peak of the business, drink tea, investigate, explore the next opportunity, and look for the next outlet in the following days.

9. Facing the uncertainty of the future, there are only two ways to go: one is to keep up with the pace of the times and seize every possible outlet; the other is to work hard in your own field and keep improving.

10. Reading thousands of books is not as good as traveling thousands of miles, traveling thousands of miles is not as good as seeing countless people, and seeing countless people is not as good as being guided by immortals. Success is not based on luck, choice is greater than hard work, and the circle determines destiny. In the currency circle, in addition to having a sharp eye for judging the situation, you must also keep up with a good team and a good leader. Pay attention to me and find me, you are halfway to success in the currency circle!
##山寨季何时到来？ ##美国大选如何影响加密产业？ ##以太坊ETF批准预期

Exploring the truth behind BONK's recent crash: a real drop or a price bait?

Recently, BONK has experienced a dramatic price fluctuation, which has attracted widespread attention from the market. On-chain data shows that this seemingly turbulent crash may not be as pessimistic as it appears, but hides more complex market dynamics.

From the technical chart, BONK has broken the important support level of $0.0000196 and closed below it. This trend does give the market a bearish signal, indicating that the asset may fall further. If this trend continues, BONK's price may fall by about 20% in the next few days, hitting a new low of $0.0000155. Currently, the price on the daily chart is trading below the 200-day exponential moving average (EMA), further confirming its downward trend.

Despite the bearish technical situation, BONK's on-chain indicators reveal positive sentiment among traders. Data shows that as of the latest, BONK's long/short ratio is as high as 1.42, the highest point since early October this year. This means that in the current market, bulls clearly have the upper hand, with about 60% of top traders choosing to hold long positions, while short positions account for only 40%.

In addition, BONK's open interest has fallen by 6.2% in the past 24 hours, indicating a weakening of trading interest, but this may also be due to position liquidations triggered by the recent price drop. There are currently two key liquidation levels: the lower $0.0000189 and the higher $0.00001962. If market sentiment continues to be bearish and the price falls to $0.0000189, nearly $100,000 in long positions will be at risk of liquidation; conversely, if market sentiment reverses and the price rises to $0.00001962, about $71,100 in short positions will be liquidated.

Although BONK is bearish on the technical side, on-chain data reveals positive sentiment and bullish expectations among traders. This shows that although price fluctuations may be affected by market sentiment and present uncertainty in the short term, bullish forces are still expected to dominate in the long run. Therefore, in the current market environment, we should pay close attention to changes in market dynamics and trader sentiment.
#11月市场预测 #BONK

What hidden reasons lie behind the feeling that trading has become dull?

Sometimes, traders may feel that trading activities gradually lose their appeal, even though the performance appears to stabilize. What is the reason behind this?

In the novice stage of trading, we are often attracted by those enticing high-yield stories or enjoy the thrill that trading brings. Entering the market, everything seems so new, and we yearn to achieve huge profits in a short period. However, as we accumulate trading experience, read numerous books, analyze various materials, and watch countless videos, we find that the core ideas of these contents are quite similar, and the basic principles and methods of trading have been widely summarized. At this point, the lack of fresh knowledge stimulation may lead traders to feel a bit bored mentally.

In addition, during the practical process of trading, when traders enter a mature stage, they will form their own trading logic and steps. To avoid large fluctuations in performance and risks, they will establish clear rules and standards. With the strengthening of trading discipline and the improvement of execution, traders will find that they are following the same logic and rules every day while trading. Although this reflects the stability of traders' inner selves, long-term repetitive operations may make traders feel that trading is like a long marathon, lacking sufficient passion.

However, when you feel that trading is somewhat boring, it is actually a positive signal, indicating that you have found a trading direction that suits you.

#11月市场预测

When entering contracts, be sure to remember the following core points, as they are crucial!

1. The essence of contract trading lies in leveraging small investments for large returns, and losses can occur. People react differently when faced with stop losses: some rush to recover their losses by placing frequent orders, while others choose to calmly reflect. If you frequently encounter stop losses, it is recommended to pause trading, take a deep breath, and reassess and adjust your strategy.

2. Do not seek quick gains; trading is not a shortcut to wealth. When facing losses, remain calm and avoid impulsive orders or taking high risks.

3. Grasping the overall trend is essential. When the market shows a one-sided trend, you should follow the trend and avoid counter-trend operations. Trading against the trend is often a breeding ground for losses; both beginners and experienced traders should learn to patiently wait and follow the trend.

4. The risk-reward ratio must be carefully calculated, as it is key to profitability. Ensure that profits are significantly greater than losses, at least reaching a ratio of 2:1, before considering placing an order.

5. Frequent trading is a major taboo in contract trading. Unless you are an expert, you must restrain the impulse to open blind orders. Beginners are often full of enthusiasm for the market, but most so-called opportunities are actually fraught with risks.

6. Never hold onto losing positions; this is a major taboo in contract trading. Especially for beginners, strict stop-loss points should be set, as holding onto losing positions will only deepen your predicament.

7. Maintain humility during profitable times; do not become arrogant or complacent. Once your mindset becomes erratic, it often signals the approach of losses. Always remember these principles to help you proceed steadily.

As a blogger who has been navigating the cryptocurrency space for many years, I am willing to share my experiences and insights with you. I will share my strategic layouts without charge; I need followers, and you need references. #美国大选后行情预测 #11月市场预测

Non-farm payrolls data shocks Bitcoin market

Non-farm payrolls data released yesterday was far below market expectations, shocking the market. Normally, poor payrolls data would trigger concerns about a recession, which would drive risk assets down. But this time the market reaction was completely different, with risk assets including US stocks and Bitcoin rising instead. The market's explanation for this is that poor payrolls data will force the Fed to cut interest rates, thereby boosting risk assets. However, this logic does not seem to be enough to completely eliminate the risk of a recession.

In fact, the Bitcoin market has also experienced a roller coaster ride. After the release of the non-farm payrolls data, the price of Bitcoin once soared from $70,000 to nearly $71,500, but then suddenly plunged to below $69,000. This fluctuation caused a sharp drop in the exchange's holdings, showing that both long and short sides were leaving the market in large numbers to avoid the upcoming big fluctuations.

In addition, the upcoming election day has also exacerbated market volatility. The panic on the news has triggered some large sell-offs, and the market generally expects that the market may experience a flash crash regardless of the election results. Therefore, investors need to remain vigilant and pay close attention to market dynamics.

From a technical perspective, the resistance above Bitcoin is strong and a descending box has been formed. Although the current price is still near the upper edge of the box, according to trend analysis, the situation of Yin Bao Yang may appear next. Therefore, investors need to pay attention to the risk of Yin falling, but it is not recommended to chase the short excessively. In the face of news, the impact of the technical side is relatively small, and investors need to recognize the general trend.

For the current market environment, although the market is at the bottom area, it does not mean that it has reached the lowest point. Investors do not need to pursue buying at the lowest point, and what is more important is to be able to eat the real increase. Holding mainstream currency stable assets in the bottom area and appropriately allocating leading targets and potential early development assets may be a more stable investment strategy. At the same time, investors need to maintain patience and determination, and not be disturbed by short-term fluctuations.

Finally, it should be emphasized that you should not cut your meat easily during the investment process. Slowly sell the chips when the market rises sharply, and bravely buy the bloody chips when the market falls sharply.This is one of the important principles of sound investment.
#BTC

XRP is facing the longest Bollinger Band contraction in history, and the price may be approaching a breakout point.

Currently, XRP is undergoing the most significant Bollinger Band contraction in its history, which may indicate that its price is about to experience a sharp fluctuation. As an important indicator of price volatility, Bollinger Bands have repeatedly shown potential for predicting significant price movements in the past.

Looking back in history, XRP experienced a period of Bollinger Band contraction from August 2016 to February 2017. During this time, XRP's price remained relatively stable, laying the groundwork for the subsequent breakout. After the contraction ended, XRP's price surged from $0.00555 in 2016 to $3.31 in January 2018, achieving an astonishing growth of nearly 600 times.

Again, from May to October 2020, XRP went through Bollinger Band contraction. Although the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple had a short-term impact on its price, XRP quickly regained its upward momentum and reached a peak of $1.96 in April 2021.

Now, XRP is facing another prolonged Bollinger Band contraction. Since December 2023, this contraction has lasted nearly a year, making it the longest contraction period in XRP's history. Long-term contractions often imply that a significant price movement is imminent, but the specific direction remains uncertain.

The Relative Strength Index (RSI) also provides some clues about XRP's trend on the monthly chart. Historically, the RSI during Bollinger Band contractions has typically remained between 48 and 51, but it tends to drop to around 47 just before a breakout. Currently, XRP's RSI hovers around 48.41, with a trading price of $0.5122. If the RSI continues to fall to near 47, it may indicate that XRP is about to break out.

However, market trends are often full of uncertainties. Although current data suggests that XRP may be on the brink of another large-scale price movement, the specific outcome still needs further validation from the market. Caution should be exercised when making decisions, and close attention should be paid to market dynamics and price trends.

As a blogger who has navigated the crypto space for many years, I am willing to share my experiences and insights with you. I will share my bull market strategy layout for free; I need fans, and you need references. #美国大选后行情预测 #非农就业人数大幅降温 #11月市场预测 #XRP

Can SHIB achieve a surge in November?

In October, SHIB's price increase was relatively limited, but the market generally expects it to perform better in November. The logic behind this partly stems from SHIB possibly replicating the upward pattern of Dogecoin (DOGE).

Observing SHIB's price trends since May, it seems to be forming a pattern similar to a "cup and handle," which was also reflected in Dogecoin's previous strong surge. From August to September, SHIB's price hit a low, and then there was a noticeable appreciation from September to October. Despite the significant fluctuations in October, SHIB's average increase was not remarkable.

Market analysts point out that SHIB's current "cup and handle" pattern may indicate a strong performance in November. If SHIB can successfully break through to $0.000027, then its price curve will tend to be complete, which also means that within the next 4 weeks, SHIB could achieve a 56% increase.

In addition to the "cup and handle" pattern, SHIB has also formed another pattern that may impact its price—a wedge pattern. This pattern suggests that SHIB's price may soon face a breakout or collapse. Market analysts believe this breakout could occur before mid-November, at which point SHIB's price may restore its broader "cup and handle" pattern.

Moreover, on-chain data also shows some positive signals. Over the past 4 weeks, whale activity has continued to increase, with whale balances growing from 590 trillion SHIB at the end of September to 591.01 trillion SHIB at the end of October. Although the balances of investors and retail holders declined during the same period, exchange data shows that SHIB's capital inflow has dominated in the past 4 weeks.

These on-chain data align with market analysts' observations that SHIB may be experiencing a low-price accumulation phase. If this trend continues, SHIB may start to accumulate more upward momentum in the next two weeks.

Although SHIB's performance in October was relatively flat, the market generally expects it to perform better in November. The logic behind this partly stems from SHIB possibly replicating Dogecoin's upward pattern, while on-chain data also shows some positive signals. However, investors still need to approach market fluctuations cautiously and closely monitor SHIB's price trends and market dynamics.#SHIB

Can the price of AVAX jump 12%?

The future direction of AVAX has become the focus of market attention, particularly regarding its potential to rise 12% to $28.50. This prediction is not unfounded, but rather based on a series of technical analyses and market sentiment judgments.

According to the latest market observations, if AVAX can maintain a price above $24.50, it is expected to experience a significant upward trend. This viewpoint is supported by various data.

From a technical perspective, recent trends in AVAX show that whenever the price approaches the support level of $24.50, there is an influx of buying pressure that drives the price rebound. Additionally, since the beginning of August 2024, an upward-sloping trend line has been providing support for AVAX; whenever the price touches this trend line, it often triggers a significant upward movement.

In addition to technical support, market sentiment has also had a significant impact on AVAX's price movements. Despite the overall pessimistic sentiment in the cryptocurrency market recently, AVAX seems to be unaffected and may be poised for a rebound. This assessment is supported by on-chain indicators, such as changes in key liquidation levels and the long/short ratio.

According to on-chain data analysis, as of the latest data, the long/short ratio for AVAX on Binance is as high as 2.83, indicating that traders are relatively optimistic about AVAX. Furthermore, over 73% of top traders on Binance have chosen to hold long positions, while the proportion of short positions is relatively low. This data further strengthens the expectations for AVAX's rise.

However, the rise of AVAX is not without risks. Currently, there are two main liquidation levels in the market: a lower limit at $24.35 and an upper limit at $25.45. If market sentiment shifts and the price falls to the level of $24.35, a significant number of long positions will face liquidation risks. Conversely, if market sentiment remains bullish and the price rises to $25.45, a substantial number of short positions will be liquidated.

In summary, we can see that AVAX is currently facing a relatively complex market environment. Despite several bullish factors, investors still need to remain vigilant and closely monitor market dynamics and price movements. Only with a thorough understanding and assessment of risks can informed investment decisions be made. #AVAX

This month's top five meme coins worth watching:

Dogecoin (DOGE)
As the leading meme coin by market capitalization, Dogecoin has recently performed well in the market, achieving a 17% increase in the past week. Its robust performance may be linked to the interactions of Tesla CEO Elon Musk. Musk has not only expressed his support for Dogecoin multiple times in public but also shared a fun photo related to the Dogecoin logo on social media. Additionally, with the upcoming U.S. presidential election, Musk's political stance and comments may also impact Dogecoin's price.

Shiba Inu (SHIB)
The second-largest meme coin, Shiba Inu, also performed well at the end of October, but has seen a recent pullback. However, elements like Shiba Inu's layer 2 blockchain solution and burning plans may revive its price trajectory. These efforts will reduce the circulating supply of Shiba Inu, increasing its scarcity, which could potentially drive up the price.

MAGA and KAMA
The MAGA coin related to Trump and the KAMA coin associated with Democratic candidate Kamala Harris may experience significant volatility this month. The price trends of these two coins may be closely tied to the results of the U.S. presidential election. However, the unpredictability of the meme coin market makes it difficult to predict the specific reactions of these coins.

Popcat
As the largest cat-themed meme coin, Popcat has performed well in the market this year, reaching an all-time high in its price. Analysts expect that Popcat may continue to gain additional profits in the future. This prediction is based on Popcat's popularity on social media as well as its unique theme and image.

The meme coin market is full of uncertainty and volatility, but it is precisely this uncertainty that provides potential opportunities for investors. In the next 30 days, the aforementioned five meme coins may experience significant price fluctuations.

As a blogger who has been navigating the crypto space for many years, I am willing to share my experiences and insights with you. I will share my bull market strategy layout free of charge, I need followers, and you need references. #11月市场预测 #美国大选后行情预测 #美国大选后涨或跌？

SHIB Trading Volume Soars, Can Prices Surge?

As the overall market shows an upward trend, SHIB's trading volume is experiencing significant growth, which may drive its price higher. Recently, the market has exhibited a positive momentum, causing many altcoins, including SHIB, to show strong upward momentum.

Data shows that large transactions of SHIB have surged by 341% in 24 hours. During this period, the total amount of these transactions has exceeded 68 million USD. Whales have frequently transferred funds on-chain, totaling 170 times, involving 37.3 trillion Shiba Inu coins. This series of actions has made SHIB a focal point in the cryptocurrency space.

Notable cryptocurrency analyst PlanC predicts that the downward trend of SHIB has ended. This prediction is based on Bitcoin's price breaking through 70,000 USD and breaking out of an 8-month consolidation range. PlanC points out that Bitcoin still has significant room for upward movement, and since SHIB has a high correlation with Bitcoin, it is expected that when Bitcoin's price rises, SHIB's price will likely follow.

The upcoming U.S. elections are expected to have a significant impact on the cryptocurrency market, especially on the prices of Bitcoin and Dogecoin. Given that SHIB has a correlation of up to 97% with DOGE and an 82% correlation with Bitcoin, the election results could have a certain impact on SHIB's price. Investors need to closely monitor the progress of the elections and changes in market sentiment.

In addition to the growth in market trading volume, SHIB's ecosystem is also continuously developing and expanding. Through innovative initiatives such as the launch of the Shibarium Layer-2 scaling solution, SHIB is continuously introducing new use cases and scenarios for its users. Furthermore, SHIB is actively promoting competition with existing Ethereum L2 protocols and paving the way for future sustainable growth through proactive measures such as burning SHIB.
#SHIB #BTC挑战历史最高价

Musk's statements drive Dogecoin (DOGE) to surge by 15%

After Trump held a large campaign event, Dogecoin's price skyrocketed, becoming the most outstanding cryptocurrency in the past 24 hours, which thrilled investors.
After the news broke that Tesla CEO Musk might hold a key position in the new government, Dogecoin's price soared.

Trump claimed that if he wins the election, Musk would play a critical role in his administration, leading a new department called the Department of Government Efficiency (abbreviated the same as Dogecoin, DOGE). Analysts point out that the similarity in names may be a trigger for the price increase.

Musk has been actively campaigning for Trump everywhere, striving for his re-election. At Trump's rally in New York over the weekend, Musk outlined the benefits of establishing the DOGE department, stating it would save the U.S. government a massive amount of money and is expected to cut the annual budget by $2 trillion.

Trump's mention of the DOGE department plan during the campaign reignited interest in this old meme asset.

In the past few weeks, the slight increase in Dogecoin has coincided with Musk's active involvement in Trump's campaign activities.

Analysts noted that Dogecoin offers higher liquidity and rich centralized trading, pointing out that the latest breakthrough has skyrocketed the coin's trading volume to $2.5 billion.
They stated that large wallets hold about 21% of Dogecoin, and these holders are seeking long-term gains.

Meanwhile, market observers noted that the rise in Dogecoin's price has not affected 'dog-themed tokens.' Some wallets holding large amounts of Dogecoin seem ready to sell their assets at any time.
#DOGE #狗狗币创数月新高 #BTC挑战历史最高价

Dogecoin Carnival: DOGE hits the peak again

Currently, DOGE is at a critical juncture. The $0.144 price range has strong liquidity. Once it breaks, it may trigger short covering, forcing short holders to buy back DOGE, pushing up the price.

In the previous bull market, when Bitcoin approached $70,000, DOGE's daily gains exceeded 7%, while other meme coins struggled to gain market attention, even Ethereum was slightly inferior.

Over the past 24 hours, long positions in the futures market have dominated, and traders have bet on DOGE to rebound. With DOGE's market value rising to $20.22 billion, long holders are encouraged to expect DOGE to profit from the current market volatility.

If Bitcoin can maintain volatility and consolidate at current price levels, creating opportunities for the top altcoin to rise sharply every week, then history may repeat itself, and DOGE will seize this opportunity and may continue to rebound, forming a new resistance level above $0.143.

In recent days, large holders, especially whales who control more than 66 billion DOGE, accounting for 42% of the supply, have entered the distribution phase. This shift coincides with DOGE's recent 7% decline, which led it to $0.131. Although their selling behavior was short-lived, DOGE has only risen 4% in the subsequent rebound and has not yet fully recovered.

The technical chart shows that this rise broke through the key resistance level of $0.12, ending DOGE's four-month-long accumulation phase. If this trend continues, buyers may push DOGE up 36% and hit new highs.

The bullish crossover of the 50-day and 200-day moving averages may strengthen buyers' dominance over DOGE, driving its price to continue to rise. However, if the retest phase fails to maintain the breakout trendline of the aforementioned triangle, sellers may strengthen their control over DOGE, leading to a long-term consolidation phase.

Overall, DOGE is currently well positioned to take advantage of market volatility to rebound. Despite some uncertainties, DOGE's price remains at a critical level and is expected to continue to rise driven by a bullish crossover.

As a blogger who has been working in the cryptocurrency circle for many years, I am willing to share my experience and insights with you. My strategy layout will be shared free of charge. I need fans and you need reference.
#DOGE

This week's weekly report.

Last week's review:
1. Important events
1. The chairman of the U.S. SEC congratulated the 16th anniversary of the Bitcoin white paper and stated that enforcement and regulation of digital assets will continue.
2. Bill Gates donated $50 million to the Harris team.
3. Ripple co-founder Chris Larsen donated over $11.8 million to the PAC supporting Harris's campaign, becoming one of the largest individual donors in the crypto industry this round.
4. The U.S. Treasury is investigating whether Tether violated sanctions and anti-money laundering regulations and is considering imposing sanctions on it.
2. Important data
1. Canada’s central bank interest rate decision on October 23. Previous value: 4.25, forecast value: 3.75, announced value: 3.75 (bullish)
2. Initial claims for unemployment insurance in the U.S. for the week ending October 19 (ten thousand). Previous value: 24.2, forecast value: 24.2, announced value: 22.7 (bullish)
3. U.S. October Canadian University Consumer Confidence Index final value. Previous value: 68.9, forecast value: 69, announced value: 70.5 (bullish)
3. BTC, ETH (ETF) net inflow/outflow data statistics
Last week, BTC (ETF) net inflow was $998.1 million.
Last week, ETH (ETF) net outflow was $24.6 million.

This week's key focus:
1. On October 30 at 20:15, the U.S. will announce October ADP employment numbers.
2. On October 31 at 20:30, the U.S. will announce initial claims for unemployment insurance for the week ending October 26.
3. On October 31 at 20:30, the U.S. will announce the year-on-year core PCE price index for September.
4. On November 1 at 20:30, the U.S. will announce the October unemployment rate.
5. On November 1 at 20:30, the U.S. will announce the seasonally adjusted non-farm payrolls for October.

This week's large token unlocks:
TIA will unlock approximately 176 million tokens on October 30 at 20:00, accounting for 80.13% of the current circulation, approximately $900 million.
OP will unlock approximately 31.34 million tokens on October 31 at 8:00, accounting for 2.50% of the current circulation, approximately $5.015 million.
SUI will unlock approximately 6.42 million tokens on November 1 at 8:00, accounting for 2.32% of the current circulation, approximately $112 million.
IMX will unlock approximately 32.47 million tokens on November 1 at 8:00, accounting for 1.98% of the current circulation, approximately $43.52 million.

As a blogger who has been navigating the crypto space for many years, I am willing to share my experiences and insights with you. My strategic layout will be shared free of charge; I need followers, and you need references.
#美国大选前行情观察 #PCE、非农数据来袭 #年底牛还熊？

After a recent 13% drop in SUI prices, can it create brilliance again?

This week, the price of SUI has significantly dropped by over 13%, with a daily decline nearing 10%. This wave of decline followed a strong rebound in September when SUI broke through $2.3.

In light of the current price, some investors may see this as a good entry opportunity, especially against the backdrop of increased market volatility. But can SUI withstand the pressure and rebound?

After six months of silence, SUI made a significant rebound in early August due to support from Grayscale, providing investors with an indirect participation opportunity. Grayscale's support increased SUI's visibility, highlighting its fast trading speed and smart contract capabilities, leading investors to recognize SUI's practical application value. Consequently, SUI achieved significant gains over the next two months, even experiencing two downturns during this period, it soared to a historical high of $2.30, with a rise of up to 360%.

Currently, SUI seems to be facing a similar opportunity again. Developers announced on social media that the largest gaming MemeFi on Telegram will integrate into the Sui network, once again showcasing its powerful processing capabilities.

Although this has limited impact on SUI's daily trading volume, while daily trading volume decreased from 4.8 million to 4.6 million, the number of new wallets entering the ecosystem has significantly increased, jumping from 90,000 to 130,000. This growth indicates a resurgence of interest in the market and an optimistic outlook on SUI's future potential.

Unlike the previous cycle, the current relative strength index has not soared into the overheated area; SUI is at a more stable level. Although buying interest is sluggish, it is not accompanied by significant selling pressure.

This situation may encourage sustained buying interest. Coupled with the increase in the number of new wallets, SUI is likely to rebound. The rebound may occur by leveraging market volatility, attracting funds from high-market-cap altcoins to more affordable alternatives. Therefore, SUI is expected to overcome difficulties again and may even rise back to $2. The growth of new interest and the performance of other altcoins are crucial for assessing SUI's future trend.

As a blogger who has been in the crypto space for many years, I am willing to share my experiences and insights with you. My bull market strategy layout will be shared free of charge. I need fans, and you need references. #SUI

LINK Price Outlook: Potential 40% Increase and Key Resistance Level

Recently, LINK has shown certain upward potential, and market analysts are closely watching whether it can break through the critical resistance level of $13. This breakout is crucial for the further upward development of LINK's price trend.

LINK has decreased by 6.16% in the past 24 hours, trading around $11, but its trading volume remains active at $594.2 million. This indicates that despite price fluctuations, market participants' interest in LINK has not diminished.

Currently, LINK is consolidating within the range of $11 to $12, while the $13 resistance level has become an important obstacle on its way up. Analyst Michaël van de Poppe is optimistic about LINK, believing that once LINK successfully breaks through $13, its price may rise further to $18 within the next two weeks, achieving an approximate 40% increase.

Additionally, on-chain indicators are showing some positive signals. In the past 24 hours, a large number of sizable transactions have been recorded on the Chainlink network, suggesting that major holders' interest in LINK may be increasing. Meanwhile, the In/Out of the Money analysis shows that a certain proportion of addresses have purchased LINK at prices lower than the current price, which may generate stronger support as the price approaches specific ranges.

From the forex inflow and outflow data, LINK is also facing certain short-term selling pressure. In the past 24 hours, a net inflow of a certain amount of LINK into exchanges may indicate that some investors are choosing to take short-term profits. However, the net outflow data from the past week and 30 days suggests that a broader group of holders is accumulating LINK, reflecting their confidence in LINK's long-term prospects.

LINK is facing certain price volatility and resistance challenges in the short term. However, from a long-term perspective, it shows certain upward potential and accumulation trends. Investors should closely monitor the breakout situation at the $13 resistance level, as well as changes in on-chain indicators and forex inflow and outflow data, to make more informed investment decisions.

As a blogger who has been navigating the crypto space for many years, I am willing to share my experiences and insights with you. My bull market strategy layout will be shared free of charge; I need followers, and you need references. #LINK

ETH and XRP are really two hopeless cases, unable to rise, and always first to fall. Since 8.5, BTC, SOL, and BNB have all warmed up a lot, but these two haven't moved much, it's disappointing.

Last week:
BTC (ETF) net inflow of $2.133 billion.
ETH (ETF) net inflow of $78.8 million.

This week:
BTC (ETF) net inflow of $998.1 million.
ETH (ETF) net outflow of $24.6 million.

It seems institutions are not optimistic about ETH, with such a strong inflow into BTC, yet ETH is still facing outflows. Plus, the ETH foundation is also unhelpful, occasionally selling off, while Vitalik is just fooling around, it's pathetic.

#BTC #ETH #SOL #BNB #XRP