When the market generally believes that the altcoin season is in Q1, without any significant positive news, the altcoin season may have to wait until people lose confidence before it starts.
The market will never allow most people to make money together.
A bull market needs fuel, but it doesn't necessarily come from the bears. When the market is rising, it might give you a spike to explode the bulls. During fluctuations, there may be a few false signals that make you think this time the altcoin is about to start, only to see a pullback as the altcoin once again plunges.
Many people know that holding $BTC can often outperform most cryptocurrencies, but they have always looked down on BTC's gains. Human nature is always greedy.
- On-chain players are mostly pessimistic about fud - The airdrop unlock has generated about 10x profit, and most people have sold off - Retail investors have no stock
Summary: Light vehicle, easy to pump, short-term selling pressure is not great, it will rise to the point where you can't help but get on board, it will rise to the point where you start paying attention to #desic track
- On-chain players are mostly pessimistic about fud - The airdrop unlock has generated about 10x profit, and most people have sold off - Retail investors have no stock
Summary: Light vehicle, easy to pump, short-term selling pressure is not great, it will rise to the point where you can't help but get on board, it will rise to the point where you start paying attention to #desic track
If a coin aims to be listed on Binance spot, then…
Today, Binance announced the launch of AI16Z contract, and AI-related tokens all plunged in a short period of time Everyone feels that the AI sector that has been playing vigorously on the chain recently has been poured cold water by Binance
Yes, at the beginning I also felt that Binance was deliberately pouring cold water on the AI track, in order to let the new coin $bio that will be launched tomorrow give up traffic and lead the market's money to the desic track…
Later, I would think what would happen if Binance listed AI16Z spot?
-All leading AI tokens are flourishing -Everyone starts looking for the next ai16z -What if the market is unstable or there is a new hot spot? ai16z also retreated -The belief in the overall AI market began to be questioned -The overall AI concept in the market retreated
The above are all personal thoughts
In a short period of time, the AI market may start a new round of on-chain benefit effects because of the listing of ai16z on Binance spot, but the duration of this benefit effect will become shorter and shorter each time, and new concepts and new hot spots will be hyped after a short period of FOMO
When each project sets the listing on Binance as a goal, what about after the listing? It's like taking the first place in the class as your goal in the exam. Then when you get the first place in the class, will you be at a loss, as if you suddenly don't know what to do, then let's try to expand the perspective, get the first place in the whole grade? Get the first place in the whole district? Get the first place in the province?
If you regard reaching a market value of 100B as being the first in the country, and listing on Binance as being the first in the class, you probably understand what I mean. When setting goals, if you only focus on the present, then you may not be able to go further once you reach the current height. However, if you set a long-term goal from the beginning, then you will have more hope to move to a higher level.
Open your imagination and look forward to the next AI track with a hundred schools of thought
If a coin aims to be listed on Binance spot, then…
Today, Binance announced the launch of AI16Z contract, and AI-related tokens all plunged in a short period of time Everyone feels that the AI sector that has been playing vigorously on the chain recently has been poured cold water by Binance
Yes, at the beginning I also felt that Binance was deliberately pouring cold water on the AI track, in order to let the new coin $bio that will be launched tomorrow give up traffic and lead the market's money to the desic track…
Later, I would think what would happen if Binance listed AI16Z spot?
-All leading AI tokens are flourishing -Everyone starts looking for the next ai16z -What if the market is unstable or there is a new hot spot? ai16z also retreated -The belief in the overall AI market began to be questioned -The overall AI concept in the market retreated
The above are all personal thoughts
In a short period of time, the AI market may start a new round of on-chain benefit effects because of the listing of ai16z on Binance spot, but the duration of this benefit effect will become shorter and shorter each time, and new concepts and new hot spots will be hyped after a short period of FOMO
When each project sets the listing on Binance as a goal, what about after the listing? It's like taking the first place in the class as your goal in the exam. Then when you get the first place in the class, will you be at a loss, as if you suddenly don't know what to do, then let's try to expand the perspective, get the first place in the whole grade? Get the first place in the whole district? Get the first place in the province?
If you regard reaching a market value of 100B as being the first in the country, and listing on Binance as being the first in the class, you probably understand what I mean. When setting goals, if you only focus on the present, then you may not be able to go further once you reach the current height. However, if you set a long-term goal from the beginning, then you will have more hope to move to a higher level.
Open your imagination and look forward to the next AI track with a hundred schools of thought
❗️The market has shown a corner signal⚠️⚠️⚠️ This wave $BTC is still declining, but the altcoins seem to no longer be following Bitcoin's plunge. At this position, it is about time to gradually enter the altcoins, buy some spot and hold on
On one hand, to prevent being left without any altcoins if they fully recover, on the other hand, to avoid missing out on the last sudden drop without having any USDT to enter
Recently, we may enter a phase of sideways consolidation, or perhaps experience another sharp drop. Rapid decline ✅ sideways consolidation ✅
You can try to set buy orders at certain levels; sharp declines often break support, and buying in at some ice prices feels quite comfortable. A quick spike can lead to a rebound.
I basically have no spot holdings. Besides some $SOL for on-chain trading, I also have some $TIA holding mammoths. I don't have much left on-chain.
Each round of consolidation is for the next move to a higher place. If it can't go up, it has to come down slowly; being stuck at the top while absorbing altcoin liquidity is uncomfortable for everyone.
When the main market rises, Ethereum follows, and altcoins do as well – this is a normal pattern. When the main market rises, Ethereum lags, and altcoins perform poorly – this is a blood-sucking mode. Due to insufficient market liquidity, I usually choose to stay in cash and observe market trends, only operating when a certain opportunity arises.
Additionally, in a bull market, don't short the market; declines may be gradual, while rises can happen in an instant.
This market is in a sideways movement for BTC, while others may not necessarily catch up. Apart from the AI and science sectors which are fluctuating, everything else is in a downward trend.
The spring river water warms, and the duck knows first. If the market doesn't catch up, it may be preparing for a Christmas plunge. If it can't go up, it has to pull back.
Christmas overseas is similar to the Chinese Spring Festival; many companies or people need funds to circulate. If it's a contract, it’s recommended to close it first ~ For spot trading, there's no fear of pullbacks; you can hold on, believing that January will have a good altcoin season, or the altcoin season may just be around the corner at the end of the month.
The bull market is still worth waiting for ⌛️ Give it a little time.
Then let me also talk about the two people who suffered the most on yesterday’s decline list. ——— $ACT 🤖 & $PNUT 🐿️
Let me briefly introduce it below🧵 -Both were announced on Binance on the same day -PNUT's market value was 100 million at the time, while ACT's market value was only 30 million - Both of them were basically 400M~500M when they were listed on Binance -ACT is the AI track and PNUT is the Meme track
💭First of all, PNUT has experienced two relatively large adjustments at 120👉30 and 150👉80. The turnover in the middle was relatively sufficient until it was stuck at 100 and announced to be listed on Binance.
💭 ACT is relatively stable, fluctuating in the 20M range. When it was announced on Binance, it was still in the 30M range, and it was still in a position that had not been changed many times. Suddenly it rose to 400M, and the early chips were almost ten times more.
Just this afternoon, Binance held a Binance Wallet themed conference on Twitter.
Just a brief summary📝 —User-Friendliness —There will be airdrops later —Alpha coin listing plan
I won’t comment on today’s misunderstanding here💭 Rather, it is about how we, as a player, should seize this wave of opportunities in Binance Wallet and how to use Web3 wallet to start 👛 I hope this will be helpful to those who have not experienced buying coins in the primary market or have been trading in the secondary market on Binance Exchange and want to experience the primary market today🧵
Given the user-friendly wallet, opening a Binance wallet is relatively simple 👇
The Trump concept mainly refers to the cryptocurrencies purchased by the Trump family's DeFi project WLFI (World Liberty Financial). Apart from Bitcoin and Ethereum, they have also purchased LINK, AAVE, ENA, ONDO, all through $COW . You can take a look at the recent performance of the above tokens, which have basically deviated from the trends of altcoins, fitting into the Trump concept trend. As an institution, we won't say we will always hold a certain coin or only buy currency. 💡 Therefore, in the future, when WLFI starts to sell off currency, it will bring similar effects; users will follow and dump, just as fast as it rises, it will fall, and additionally, when it drops, users will also dump the entire series of coins.
Today I will write my opinion about the token $ME for the last time😂 Let's take advantage of ME's traffic for the last time
ME has been diving since it was listed on the exchange📉
Many people are also buying at different positions, but they are basically scolding ME all the way
A simple analysis🧵
-The overall altcoin market is falling. This cannot be blamed on ME for not rising, but the market is in a state of falling and has not entered the fomo stage
-ME's decline will be a little more than other altcoins. It has been mentioned before that the monthly interest rate of ME's pledge system can be as high as 39% as far as I have seen This is a very scary interest rate (picture below👇)
-NFT circle is not so popular, most of the time it is for self-entertainment, so many people may not understand what kind of coin it is and have not added it to the collection list
-However, ME has strong profitability and growth, and it is still optimistic in the future or in the next year, waiting for the announcement of more products or applications. I think there are still some investment institutions that like this coin
-Opensea has also recently expected to issue coins, so many people think that this is equivalent to the market reward, and those who receive it and sell it for the next wave of OS have not yet included it in their investment coins, that is, the traditional view of airdrops is to get it and leave
To sum up🪡 I think as a trader, don’t put all your money on one coin, diversify your investment appropriately, and then I will start buying ME at 2.8-3.2, and then wait for next year. I will definitely leave during the pullback process, and I may leave in batches of 6, 7, 8, 9, 10 or even 20. Open your imagination💭
Why is the altcoin market still so greedy despite the ongoing decline? #山寨季何时到来? The greed of the bears is also greed, right? 😭
Actually, I think if we look for patterns or follow the usual trends, altcoins will likely start to gradually recover upwards around Christmas Day.
However, bull markets love to use leverage, even inexplicably having a 50% pullback often occurs, with no identifiable reason. So, in fact, altcoins have already implicitly added leverage. When opening contracts with leverage, safety must be considered. 💡
The eve of Christmas is the most torturous time, just hold on a little longer!!! Waiting for a definitive opportunity, a clear bullish market signal.
This market is in a sideways movement for BTC, while others may not necessarily catch up. Apart from the AI and science sectors which are fluctuating, everything else is in a downward trend.
The spring river water warms, and the duck knows first. If the market doesn't catch up, it may be preparing for a Christmas plunge. If it can't go up, it has to pull back.
Christmas overseas is similar to the Chinese Spring Festival; many companies or people need funds to circulate. If it's a contract, it’s recommended to close it first ~ For spot trading, there's no fear of pullbacks; you can hold on, believing that January will have a good altcoin season, or the altcoin season may just be around the corner at the end of the month.
The bull market is still worth waiting for ⌛️ Give it a little time.
Not bad, except for WLD, the others have basically performed well. Especially One is listed on OK spot The other is an emerging AI token When buying coins, you have to play with new ones instead of old ones $ACT I feel that there are too many people on the bus, all waiting for a pump. This wave of pumping may not work. It may take a big pullback to clean the bus because there are too many retail investors. It is usually not easy to pull the bus. Of course, if the coins in your hands have not risen yet, you don’t need to change positions frequently. In the currency circle, the sector is rotating. Frequent position changes are easy to miss. The market is still pretty good recently. The Americans are printing money. As long as BTC is stable at 10w, the rest will rise and pull back. If it can’t be stable, you can pull back and buy the bottom~all opportunities #AI板块强势进击
Mingo_
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Bullish
Today the market is speculating on AI sector tokens #AI板块强势进击 After a short-term recovery in the overall market, AI has taken the lead in recovery Whether on-chain or on exchanges, AI-related tokens are rising 📈 You can follow the trend and have the first taste of the warm soup of the pullback
There are several good Binance AI tokens that can be added to the list👇 $ACT $WLD Goat Virtual
Currently, it feels like $ME is in a rather awkward position. That day, I actually raised the price a few times and sold out first; I am currently observing.
Noticed the following issues:
- As a full-chain token, it is currently undervalued, which is a good position. - The monthly interest rate for staking is too high; a 39% monthly interest rate will attract many DeFi enthusiasts for arbitrage. - Staking users will share the unclaimed ME tokens; as of 12 hours ago, 25% of users have not claimed ME.
Reasons to buy now: - The circulating market cap is not high, benefiting the first month's staking users, and there is a 39% monthly interest rate to enjoy along with the coin's appreciation.
Reasons not to buy now: - Also because the monthly interest rate is too high, I am worried that staking enthusiasts will take advantage and affect my position.
Currently, many sectors in the market have warmed up; I think there is no need to keep arguing about one coin and can observe opportunities in other sectors. The several AI coins mentioned in yesterday's article can be looked at; one of them has a surprise.
Today the market is speculating on AI sector tokens #AI板块强势进击 After a short-term recovery in the overall market, AI has taken the lead in recovery Whether on-chain or on exchanges, AI-related tokens are rising 📈 You can follow the trend and have the first taste of the warm soup of the pullback
There are several good Binance AI tokens that can be added to the list👇 $ACT $WLD Goat Virtual
MagicEden as a full-chain exchange TNSR as a solnft exchange BLUR as an ethnft exchange
I believe ME > Blur + TNSR
Of course, such a simple analysis is not appropriate 👇 See the main text below
-Today is the first day of full unlocking for ME airdrop
It is natural to have a lot of selling pressure, as most people just withdraw to sell on exchanges since there isn't much visible 'value'
So-called value is staking for rewards? Many people have played this out, like Blur's second phase staking where those who staked Blur have suffered losses, and the so-called rewards are not enough compared to the drop in value
-The overall market fundamentals are unstable
With Christmas approaching, many people are avoiding risks and waiting to act after New Year's Day. In the few hours after ME's launch, BTC kept declining, which also affected the altcoin market
-NFT is actually considered a niche track
The number of players has never been particularly large, mostly just a group of players entertaining themselves. Combined with the decline of NFTs, many old players are also leaving
-The airdrop hunters are basically in a break-even state this wave
In fact, many who are misusing or incorrectly approaching it will face witch issues. In reality, not many people have talked about the freedom of ME's airdrop
-So what applications does ME have?
ME has released a market trading pair, and trading NFTs on its platform can use ME for transactions. From a short-term perspective, this is linked to the platform's trading volume
Currently, the volume unlocked in the first phase is still very small. I believe that in the future, with trading pairs for NFTs/runes, ME transactions will have additional points or will definitely have an empowering effect on the second phase airdrop
Of course, this may also be the last fantasy before NFT players' dreams are shattered But at least I think ME's circulating market value should be greater than Blur