A giant whale of $SOL has once again proven its significant influence in the market by successfully selling 22,726 SOL at the market peak, earning a profit of up to 3.86 million dollars. Although this whale investor's holdings of SOL have decreased, its remaining position still amounts to 20,000 SOL of $SOL , with a market value of approximately 3.33 million dollars. Its cumulative profit has exceeded 2.5 million dollars, and this number continues to rise.
The whale has been able to achieve such high returns primarily due to its deep understanding of the market and precise timing, which are key skills possessed by top investors. The cryptocurrency market is known for its high volatility, and opportunities are often fleeting, while the decisive actions of whales have brought them substantial rewards.
Although the whale has cashed out a portion of its SOL, it still holds a considerable amount, which may indicate that it is preparing for the next market upswing. This action not only represents a successful profit-taking but also showcases that those who can keenly capture market signals and act swiftly often achieve success in unpredictable market conditions.
Whether $SOL will see a rebound or if now is the time to harvest depends on various factors, including market sentiment, technical analysis, fundamentals, and the macroeconomic environment. Given the recent market performance of SOL and the whale's behavior, investors should remain vigilant, closely monitor market dynamics, and make decisions based on their own risk tolerance and investment strategy.

$ETH and SOL are following BTC's rise, and whether BTC can break through the $70,000 barrier is crucial!
Today's market fear and greed index has reached 72, a level that feels quite comfortable.
Unlike yesterday, SOL and ETH have started to make moves, with SOL's price breaking through $168 and ETH's price breaking through $2,700.
When these altcoin leaders start to take over, it usually means the market's focus will shift from BTC to altcoins, and the flow of funds will change accordingly.
This means that if $BTC cannot break through and hold the $70,000 level in the short term, it may face the pressure of a pullback.
But when BTC pulls back, ETH and SOL will take the baton of leading the rise and begin to gain momentum.
This is a typical pattern of the transition between BTC and altcoin leaders, and it is something we will repeatedly experience next year.
So, let's wait and see. When BTC rises, we hold our chips waiting for appreciation; when BTC pulls back, ETH and $SOL will take over BTC to continue the rise. We may be in the best of times in the crypto world.
The test of a bull market is not just the ups and downs of the market but more importantly, the test of our mindset. In the face of fluctuations in account funds, we need to remain calm and rational.

$SOL has indeed demonstrated strong stability, attracting significant capital inflow into its ecosystem due to both the support behind it and the continuous emergence of new projects on-chain.
In this market cycle, compared to $BTC , $ETH , and BNB, SOL not only shows greater resistance to downturns but also has the largest increase. Therefore, investing in meme coins and on-chain speculative projects within the SOL ecosystem offers relatively good value for money. However, it is important to note that while the potential returns from on-chain projects can be substantial, the probability of success may not be high.
If high-quality projects can successfully stand out, those that do not may just be short-term speculative behaviors that ultimately require a buyer to take over. Thus, it is essential to accept such outcomes. Personally, I would choose to quietly hold my SOL and the meme coins in its ecosystem; that is enough for me.

The strong support level for $SOL is at $160, and the opportunity for a rebound is just around the corner!\nHello everyone, SOL's recent performance has been quite robust, and the $160 price level has become an unbreakable support point. It is evident from the 4-hour candlestick chart that whenever the price approaches $160, a large amount of buying pressure surges in, quickly pushing the price up, making the bottom support very solid! In short, for long-term holders, they can either break even or have the opportunity to earn substantial returns.\nShort-term focus: $SOL is currently facing some minor resistance around $167. If it can break through this price level, the next resistance will be at $175. If $SOL can break through the upper boundary of this triangle and not fall below after a retest, then the target price will directly point to $188, and it may even set a new high!\nIn summary, the opportunity is right in front of us, clear and evident!\n

Today's Market Analysis Summary:
1. $BTC is about to reach the $70,000 mark, but it is expected to stop rising and start a correction afterward. Currently, the Bitcoin Fear and Greed Index stands at 72, indicating extreme greed. Some analysts believe that Bitcoin ETF options could trigger action from Wall Street and increase market volatility.
2. $ETH has been jokingly referred to as the "Doomsday Vehicle."
3. $SOL shows incredible resilience, rising rapidly with minimal correction.
4. The rally of BNB seems somewhat inexplicable, with some suspecting insider accumulation.
5. The CEO of LayerZero disclosed a vulnerability in the Across token contract and proposed a solution.
6. Ripple co-founder Chris Larsen announced he will donate $10 million worth of XRP to Kamala Harris.
7. U.S. Federal Reserve official Kashkari stated that there are very few transactions in cryptocurrencies unless they involve drugs or illegal activities.
8. Cryptocurrency donations for the 2024 U.S. elections have surpassed $190 million.
9. Sushi has released the roadmap for Super Swap.
10. The founder of MakerDAO will initiate a community vote on options for the core brand.
11. Asset management firm Apollo believes a strong economy may prevent the Federal Reserve from cutting interest rates in November.
12. The Bank for International Settlements warns that the transition of traditional financial institutions to tokenization may pose risks.
13. The number of users on Magic Eden has surpassed that of OpenSea over the past year.
14. Pump.fun announced a token and "profitable" Solana airdrop in a record-breaking week.
15. APE continues to perform strongly, driving up the NFT prices of the Yuga series.

I have noticed the comparison of data between the $BTC spot ETF and the gold ETF. From this perspective, the performance of the BTC ETF this year has not only exceeded expectations but has also outperformed the gold ETF in its first year after approval.
However, some have suggested that the buying pressure of the $BTC spot ETF may primarily be due to arbitrage operations by hedge funds. They buy the ETF while shorting in the CME market. This means that this capital is not truly purchasing power. Of course, I have not verified the specific scale of this type of capital or its specific impact on BTC prices.
In the long run, the capitalization trend of $BTC is inevitable, and it will gradually transform into a financial asset characterized by long cycles and low volatility.
Perhaps in the future, using on-chain data to analyze BTC may not hold much reference value anymore. Because in the chip structure, perhaps 99% are long-term holders.

$MEME is the core spirit of Bitcoin.
The community is the core of MEME.
Rather than focusing on the MEME sector,
In reality, the true value lies in the community sector.
For years,
The foundation of the entire cryptocurrency ecosystem has been the community.
In the secondary market,
Currently, there are only three currencies in the community sector:
NEIRO, $DOGE and $BTC .
No matter what role you play,
If you want to gain benefits in this market,
Then please respect every community.
Not just the Neiro community.
Put down your prejudices, cast aside your obsessions.
Only when the community becomes great again,
Can Bitcoin become great again,
This way, there will be a real bull market belonging to retail investors.

In fact, $SUI and Aptos were initially closely related ecosystems, but due to differences, they eventually went their separate ways. Now they are in fierce competition for leadership. The two projects are engaged in comprehensive competition in areas such as consensus algorithms, developer community building, and commercial resources. In terms of ecological development direction, they have chosen completely different paths. $SUI chose a realistic route, focusing on incubating DeFi and Meme projects, while Aptos chose an idealistic route, laying out the Bitcoin ecosystem. Aptos's Bitcoin ecological strategy is a 'dual approach.' On one hand, it collaborates with the mature Bitcoin Layer 2 solution Stacks to quickly enter the market using its technology and user base; on the other hand, it deeply collaborates with the emerging B² Network to gain growth dividends from the new paradigm of Bitcoin L2. Today, we will discuss the Echo Protocol, which is a key piece in the grand chess game between Aptos and Bitcoin. Why is Arthur Hayes so optimistic about the Echo Protocol? The answer may lie in one of his bold predictions. Hayes believes that during the current market cycle, Aptos's performance may surpass Solana and is expected to become the second largest Layer 1 public chain after Ethereum within one to three years. Echo Protocol is undoubtedly the perfect link connecting the two areas he is optimistic about: Aptos and Bitcoin. Echo is not just a simple BTC bridging tool, but a comprehensive protocol that integrates BTC bridging, liquid staking, Restaking, and yield optimization. Most importantly, Echo's appeal lies in its real yield model. It provides users with a 10% annualized real yield based on a staking value calculation of $BTC USD through cooperation with APT, and distributes it monthly in the form of APT tokens. This model not only creates stable cash flow for BTC holders but also brings a large number of high-quality assets into the Aptos ecosystem, achieving a win-win situation.

Market Analysis Update:
1. $BTC (Bitcoin) Market Dynamics:
- On a weekly level, Bitcoin has formed a large bullish candle, with a weekly increase of 10%, and the price is close to 70,000 points, indicating potential for further upward movement in the future.
- From a daily perspective, Bitcoin's trend appears somewhat weak, as major funds may have shifted from Bitcoin to other altcoins. Nevertheless, the daily trend remains healthy, and bullish sentiment may persist, suggesting a conservative trading strategy.
- The 4-hour chart shows that after a significant surge near 69,500 points in the early morning, Bitcoin has retraced. Day trading can adopt a strategy of selling high and buying low, with key support levels at 68,000-67,500 points and resistance levels at 69,500-70,000 points.

2. $ETH (Ethereum) Market Dynamics:
- Last Saturday, it was mentioned that Ethereum's daily trend was performing well, with more upside potential compared to Bitcoin. The short-term target is looking towards 3,000 points, with key support at 2,850 points.
- The weekly chart has formed a large bullish candle, and the K-line has successfully broken through and stabilized above the moving average, with the 7-day moving average turning upward, indicating an overall bullish trend.
- On the daily chart, the K-line is steadily rising along the 7-day moving average, showing a normal and steady daily increase.
- The 4-hour chart is maintaining a high around 2,660 points and broke strongly on Sunday, reopening the market. Day trading recommendations suggest maintaining a long position, with support levels to watch at 2,710-2,690 points and resistance levels at 2,790-2,810 points.

3. Altcoin Market Analysis:
- Last Saturday, it was mentioned that altcoins would have a rebound opportunity, and the market performance on Sunday met expectations, showing a wave of rebound.
- Currently, Bitcoin's upward momentum seems weak, and while the overall trend is bullish, it is not advisable to increase positions in altcoins. Attention can be paid to public crypto recorders.
- Last week, altcoins were in a low accumulation phase, and the best strategy now is to hold onto your positions and wait for the market to rise. Some strong altcoins may develop independent trends.

Review of yesterday's operations:
- The highest point for the pullback near 69500 in the morning, it is recommended to short directly, currently floating profit of 2500 points, Ethereum floating profit of 130 points, with a decline of about 5%.
- I provided clear points, if you didn't follow or went against it, don't blame me.

Regarding whether the decline has stopped and the issue of entering long positions:
- Last night I already explained that a gradual decline is scarier than a big bearish candle because a gradual decline has no bottom. A significant bottom requires a large spike, but none has appeared yet, so we haven't seen the bottom.

Regarding the take-profit position for short positions and whether to switch to bullish:
- The short-term strong support levels are 65000-66000 for $BTC and 2500-2550 for $ETH . If these levels are broken, you can continue to look bearish. These levels may not be reached today.
- Analysis of BTC's support and resistance levels: it reached 68000 in the early morning, with the daily line closing with an upper shadow, and the opening price around 67400. A closing price around 66000-66500 is preferable. It is possible that today will continue to rise before falling. Support levels are at 66800, 66100, and 65500-65000, all of which are short-term strong supports. Resistance levels are at 67500, 68000, 68500, 69000, and 69500-70000 is strong resistance.
- Ethereum's support levels are at 2625, 2600, 2575, and 2550, with 2550 being strong support.

Today's operational thoughts:
- Mainly focused on high short operations, but the entry point may not be reached. If 68000 for $BTC does not break, consider going short, with Ethereum around 2680-2700. It is not recommended to aggressively chase shorts, as this wave of shorts has been tested for several days, and today finally shows some improvement. The bears and I charge forward!

If we want to use the historical increase of Bitcoin ($BTC ) to speculate on the potential future increase of Solana ($SOL ), we can take the following comparison method:

1. **Bitcoin bull market cycle analysis**:
- Bitcoin has typically achieved significant growth during past bull markets. For example, during the 2017 bull market, Bitcoin prices increased 20-fold from approximately $1,000 to nearly $20,000. During the 2020-2021 bull market, Bitcoin rose from $3,800 to over $60,000, a more than 15-fold increase.
- Bitcoin’s halving event usually triggers a strong bull market effect 1-1.5 years later, pushing the entire cryptocurrency market up, which will also have an impact on other crypto assets, such as SOL.

2. **Applying Bitcoin patterns to SOL**:
- If Bitcoin achieves multiple growth similar to 2017 or 2020-2021 in the current bull market, SOL, as a mainstream public chain token with a larger market capitalization, may rise in line with the overall market trend.
- Referring to the performance of the bull market in 2017, if the current price of SOL is around 150 USDT, and assuming it can follow the overall market to achieve 10-15 times growth, then the price of SOL may reach 1500-2250 USDT.
- Referring to the performance of the bull market in 2020-2021, if SOL rises significantly, it may achieve 5-10 times growth, and the target price range may be between 750-1500 USDT.

In this way, we can use Bitcoin’s historical performance as a reference to speculate on the price levels that $SOL may reach in the future. However, it is important to note that market conditions and macroeconomic factors may have an impact on actual price movements, so these speculations are not guaranteed to be accurate.

Recently, the price increase of Solana ($SOL ) has been mainly driven by the memecoin craze, especially between October 11 and 18, when SOL increased by 12.1%. As demand for memecoin surges, so does the Solana network’s transaction volume, fee revenue, and total value locked (TVL). Although the logic behind this craze is not clear, social media influencers, such as pwnlord69 and other accounts, played a key role in attracting market attention.

On the Solana network, some memecoins have achieved significant gains. For example, the market value of GOAT has reached $400 million in one week, while other projects such as SPX6900, APU, and FWOG have increased by 379%, 170%, and 134% respectively. These tokens attract more investor attention, creating a positive feedback loop that further drives the price of SOL.

Solana’s TVL recently surged to 41 million $SOL , its highest level in two years, while at the same time, Ethereum and BNB Chain’s lock-in volume remained essentially unchanged. This shows that in addition to memecoin, Solana has also consolidated its market position through the strong performance of its decentralized exchanges such as Raydium and Sanctum.

It is worth mentioning that Solana’s weekly decentralized exchange (DEX) trading volume increased by 43%, even surpassing Ethereum’s second-layer network Arbitrum, showing its strong market competitiveness. While the sustainability of the memecoin craze is difficult to predict, $SOL ’s network performance and high scalability give it a chance to move toward $180. In addition, Solana's potential in areas such as AI, Web3, games and prediction markets also provides it with long-term growth space.

As network activity and market sentiment pick up, SOL's upward trend is expected to continue. The first goal is to break through $160. If it can stand firm at $160, the goal of reaching $180 does not seem to be out of reach.

As the bottom of Bitcoin ($BTC ) continues to rise, the previous resistance level of $68,400 has turned into a support level. The current resistance level has risen to the $69,000 mark. After the opening of the U.S. stock market today, BTC tried to hit $69,000 but failed and fell back. It currently needs to accumulate strength to prepare for the next breakthrough.

Ethereum ($ETH ) is still weak. From the 4-hour line, it may test whether the support level near $2,620 is solid, while the pressure level is at $2,700. The overall trend is still weak. Even if the BTC price rises to around $71,000, ETH can only see around $2,890.

For WIF, we have made several transactions recently to reduce costs. We finally recommended to cover positions near $2.5, and the lowest price of WIF did reach $2.44. Covering positions at a relatively low point helps reduce our holding costs.

At present, $WIF needs to stand firm at around $2.71 to achieve a breakthrough, and the support level is around $2.48. The position of lightening in this round of rebound is around $2.89. Although the daily chart of WIF currently shows a dead cross, it has shown a turning upward trend.

$SUI is gaining momentum against USDT, are you ready to join the world of SUI? Currently trading at $2.05, SUI has shown impressive resilience, reaching a high of $2.1322 and a low of $1.9973 in the 24-hour period. Volumes were quite brisk, reaching 77.24 million SUI and 158.78 million USDT.

Why $SUI ?

- **Growth Potential**: Over the past 30 days, SUI’s price has surged by a staggering 77.24%. Investors have clearly recognized its value, and this growth momentum doesn’t seem to be slowing down.

- **Stable Performance**: Over the past 24 hours, $SUI has only risen slightly by 0.20%, showing stability amid market volatility. This could be a perfect entry point for investors looking to capitalize on its growth trajectory.

Key trading information includes:
- **Current Price**: $2.0411
- **24-hour High**: $2.1322
- **24-hour Low**: $1.9973
- **24-hour Trading Volume (SUI)**: 77.24 million
- **Market Sentiment**: The market showed positive momentum and increased by 1.17% today.

Recently, Meme coins on the Sui ($SUI ) chain are gradually rising and becoming an area worth paying attention to. With the rise of the Meme coin craze, Sui's ecosystem has ushered in explosive growth. Here are some points worth paying attention to:

1. **Market performance of SUI tokens**: SUI tokens have risen by more than 10% in the past week, and the coin price has broken through the historical high. This shows that the market's confidence in the Sui project is increasing, and investors are optimistic about Sui's future.

2. **Growth of daily active users**: Daily active users on the Sui chain have soared by 300% in less than a month, which shows that the activity and attractiveness of the Sui ecosystem are rapidly increasing.

3. **Total locked value (TVL)**: The total locked value on the $SUI i chain has also hit a record high. This, coupled with the price increase of SUI tokens, shows that funds are flowing into the Sui ecosystem, providing more liquidity and support for on-chain projects.

4. **Development of Sui Ecosystem**: Sui's ecosystem is developing rapidly, attracting many teams to build projects. Some early high-quality projects have obtained Sui's grant, which are distributed in cross-chain, SocialFi, traffic, DeFi and other tracks.

5. **Sui's Technical Advantages**: Sui has shown great innovation in the construction of code and infrastructure. Sui's technology is impressive. Based on the Move codebase, its main features include potential 100k+ TPS, 0.33 second block production time, parallel processing, optimized storage model, etc.

6. **Market Heat**: The heat of $SUI is rising, and its influence on social media is also increasing. This shows that Sui is gaining more attention, which is very beneficial for promoting the development of its ecosystem and attracting more users and developers.

In summary, Meme coins on the Sui chain and the entire ecosystem have shown positive signs of growth and deserve the attention of investors and cryptocurrency enthusiasts. However, it should be noted that despite Sui's strong growth momentum, there is still uncertainty in the market and investors should be cautious and conduct sufficient research when making investment decisions.

At present, Sui ($SUI ) is still in the early stages of development. The founders of SUI made it clear that they do not intend to become a competitor to Ethereum or Solana (SOL). In fact, the entire blockchain industry is still in an experimental stage. Ethereum and SOL mainly serve users in the cryptocurrency field and have not yet been able to effectively serve a wider user group. This means that they have not yet become the industry standard.

The goal of $SUI is to introduce Web2 users to Web3 and further expand the size of the cryptocurrency market, with the goal of expanding the market volume by 10 times or even 100 times. This is also one of the reasons why SUI is considered to be in its early stages: the current focus is on building infrastructure, first migrating the existing cryptocurrency ecosystem to the SUI ecosystem, and then innovating on this basis. The recently launched Deepbook is a very good example!

In addition, $SUI has shown great innovation in code and infrastructure construction. Many developers from Ethereum and SOL said that they are excited about the emergence of SUI and believe that SUI will occupy an important position in the upcoming bull market.

With the hottest meme coin in the spotlight again, you may be considering whether to invest in Dogecoin ($DOGE ) before the next bull run arrives.

Judging from the price performance, DOGE is indeed very strong. The eight consecutive positive lines on the daily chart show a clear upward momentum, occupying almost a quarter of the chart. This bull run seems to have started after a double bottom reversal and a falling wedge breakout. From the low of $0.08049 on August 5, DOGE has risen 62.64% in just three months and broke through the previous high of $0.1282, forming a complete round bottom reversal pattern.

Technical indicators are also very bullish for $DOGE . The MACD indicator shows strong upward momentum, the signal line has shown a positive crossover, and the positive histogram is also rising sharply. The exponential moving average (EMA) is also showing bullish signals, the 50-day EMA is rising, and the possibility of a golden cross is increasing. All of these indicate that the price of DOGE is about to rise.

In the past 24 hours, DOGE's social influence has risen by 1.55%, and the number of content creators has increased by 2.59%. Although the market sentiment has dropped slightly, it still remains at a high level of 84%, showing the market's optimism.

Regarding price targets, according to the Fibonacci levels, the rise of $DOGE has surpassed the 23.60% and 38.20% levels. It encountered some resistance when approaching $0.14, and the intraday candle chart showed a long upper shadow, which raised questions about whether it can continue to rise. But from the upward trend, the next target is the 50% Fibonacci level, which is $0.14404. If the market continues to recover, DOGE's gains may continue, and the price may break through the 50% level and even reach the 67.80% or 78.60% Fibonacci levels, which are $0.1591 or $0.1835. Of course, if the price falls, the key support levels are $0.1151 and the psychological level of $0.1.

To sum up, DOGE does look like it has a lot of potential. What do you think?

In the cryptocurrency market, some digital currencies based on Internet memes have attracted the attention of investors because of their unique community culture and potential high returns. Here are three meme coins that could bring significant returns:

1. **Shiba Inu Coin ($SHIB )**: One of the most popular meme coins on the market, although SHIB is down 79% from its all-time high, there are signs that it may rebound in the coming days. According to CoinCodex, the price of SHIB is likely to reach $0.00003878 on October 22, 2024, which means there is potential for around 114.25% upside from current price levels.

2. **Pepe Coin ($PEPE )**: This frog-themed meme coin has been performing well in the market since its launch in April 2023. Although it is down about 40% from its all-time high, researchers at CoinCodex predict that PEPE may hit an all-time high of $0.00003569 on November 14, 2024, which could bring a gain of about 250.25%.

3. **$WIF Coin**: This is another meme coin that has grown rapidly this year. The asset quickly climbed the rankings and is currently the 40th largest crypto project by market capitalization. According to CoinCodex, WIF could hit an all-time high of $8.84 on November 14, 2024, with potential upside of approximately 248% from current price levels.

It’s important to note that while these meme coins may offer significant returns, they also come with high risk. The value of meme coins is often driven by market speculation, with high price volatility and lack of support from actual use cases. Therefore, investors should carefully consider their risk tolerance and do adequate research before investing in these meme coins.

The meme circuit is triggering a "super cycle", and $PEPE , as part of this circuit, has shown significant growth:

1. **Rising Star of Frog Circuit: $PEPE **
- PEPE's market value has successfully entered the top 30. Its legendary birth process - no pre-sale, no tax, direct burning of liquidity, and abandonment of contracts, all make it unique in the field of cryptocurrency Different, it has become a "clear stream".

2. **PEPE’s market performance**
- In addition to its unique marketing strategy, PEPE also has a cute internet celebrity frog image, which quickly attracted the attention of a large number of fans.

3. **Price Fluctuation and Future Outlook**
- Although PEPE's price has experienced significant price fluctuations, analysts remain optimistic about its future. If it can hold the current support level, PEPE is expected to rise again, and the price may return to the $0.0000127 level.

Overall, PEPE stands out in the $MEME track with its unique market strategy and attractive image. Despite constant market fluctuations, its potential is still promising.

As one of the popular $MEME coins, PEPE may be preparing to make a big splash in 2024. Although it is currently facing some downward pressure, forecasts show a positive outlook in the long term. The following is a price forecast for PEPE from 2024 to 2030:

📈 **$PEPE Price Prediction for December 2024**:
- After a rebound in September and challenges in October, analysts predict that PEPE may see a rise by the end of 2024, with prices likely between $0.0000165 and $0.0000192.

💹 **PEPE Price Forecast in 2025**:
- As the overall cryptocurrency market recovers, PEPE is also expected to rise significantly.
- Early 2025: Price may reach $0.00004.
- Mid-2025: Price high could hit $0.000055.
- End of 2025: The price is expected to stabilize between $0.00004 and $0.00005.

🔮 **PEPE Price Forecast in 2030**:
- 2030 could become the year of significant PEPE gains.
- Early 2030: The price is expected to break above $0.00082 and may even reach between $0.0015 and $0.00197.
- Late 2030: The price of PEPE may surge to $0.00265 to $0.00292 and fluctuate between $0.002 to $0.003.

These predictions show the likely price movements of $PEPE over the next few years, but it is important to note that these predictions are not guaranteed and actual price movements may be affected by a variety of factors.