I haven't paid attention to the Meme community for a long time. Recently, the concept of CTO is quite popular. I thought that I should get close to the community and feel the atmosphere of the community. I searched for projects on Twitter and happened to enter a Meme community.

They shouted in the group, and I shouted too. I shouted more vigorously than them.

Until they posted a message in the group "New High", I opened the K-line and saw it. WTF, isn't this broken? Is this person playing abstraction in the group?

Later, I searched Ca and found that they were not the same.

Who the hell always makes Memes with the same name?

$NEIRO

After all this time, it turns out that US funds have not entered the market yet!

The Coinbase premium index has fallen to a negative value, and it is accelerating downward while the price is rising. This shows that the US does not seem to be very interested in the current wave of increases.

Perhaps it is our domestic funds, or Asian funds that are driving the price increase, but if there is no US capital entering the market, this round of market may not be as stable as imagined.

Forget it, it doesn’t matter, anyway, everyone is rushing to meme

Shocking! The number of TON currency holding addresses has exceeded 100 million!

I want to know how many real users are there on TON?

I saw the chart from the institution showing that the number of TON currency holding addresses has actually exceeded 100 million! ?

At the beginning of this year, the number of TON currency-holding addresses was still around 4.3 million. In just a few months, it has achieved substantial growth. Especially driven by some important Telegram game tokens (such as Hamster Kombat and DOGS), the expansion speed has increased significantly.

From this point of view alone, this user transformation from the Telegram platform to the crypto world shows unique appeal and potential.

However, judging from the various activities held by exchanges one after another for the tokens of the TON ecosystem, it is estimated that there are quite a lot of real users, but we don’t know the quality of the users.
🤣

$TON $DOGS

The recent on-chain data is quite interesting. Several long-term support indicators of Bitcoin have reached critical points. It feels like there may be a big move.

Follow Yuanshan and get more high-quality content on Binance Square

1. Figure 1: The 7-day capital flow ratio has just touched 0.05 and started to rebound. This value often means the end of the bear market and the prelude to the bull market in the past.

2. Figure 2: The 30-day leverage ratio has also stabilized between 0.15 and 0.175, and has rebounded a bit recently. With the approval of futures ETFs and good news about Bitcoin options trading, the influence of this indicator may become greater and greater.

3. Figure 3: The 30-day average of binary CDD is between 0.1 and 0.3, indicating that large investors are still hoarding Bitcoin. Usually when this value soars, the peak of the bull market is almost reached.

#加密市场反弹

One picture shows which projects are still under development and which ones are still working!

Can the development activity assist token trading?

From the perspective of development activity, Chainlink is actually leading the ERC-20 project. Can it usher in price speculation in the future! ?

This morning, I just saw that Chainlink's development activity has soared all the way, which is already twice that of Ethereum, far ahead of other ERC-20 projects.

At the same time, the development progress of projects such as Synthetix, Decentraland and dYdX is also not idle, and they are also continuing to work hard.

The top ten ERC-20 projects in terms of current development activity are:

1) Chainlink $LINK

2) Ethereum $ETH

3) Synthetix $SNX

4) sUSD $SUSD

5) Status $SNT

6) dYdX $DYDX

7) Decentraland $MANA

8) Safe $SAFE

9) Axelar $AXL

10) Lido Staked ETH $stETH

It is said every day that ancient miners sell coins, but the data shows that the impact is not big.

Recently I have heard about some sell-offs from early miners, especially miners from the Satoshi Nakamoto era. This chart shows the sales of miners, mainly reflected by outflows. We can see that there has been some uptick in sales recently from early miners and Satoshi era miners.

However, the 100-day exponential moving average (EMA) for both categories of miners has been steadily declining and has recently reached its lowest point for the year.

To sum up, the sales of these miners will not cause significant selling pressure on the price of Bitcoin for the time being, and are unlikely to have a significant impact on the market in the short term.

Brothers, the on-chain data shows that the market is going to get excited soon.

Recently, I have been looking at the market and feel that the price increase driven by the contract market is coming soon, but there is no big move in the spot market. Now the funding rate is still negative, and the big players are taking the opportunity to quietly accumulate through the contract market.

Usually at this stage, the market will go sideways for a while, as if accumulating strength to prepare for the next wave of increases.

The spot market has accumulated for several months, and now the contract market is showing some signs of strength. It feels like the market is about to enter the next stage.

$BTC $ETH $SOL

Why you should pay attention to Fantom ($FTM), Immutable X ($IMX) and Basic Attention Token ($BAT) at this moment

Because whales have suddenly become active on these three coins recently. Their trading volume has soared in the past day or so, which should be related to the market reaction after the Fed's interest rate cut. This situation usually indicates that big funds are quietly laying out, and it feels that these tokens may perform well in the future.

If Bitcoin and the crypto market continue to strengthen in the future, these tokens are likely to take off as well.

The rise depends on Binance

Just saw that the Coinbase premium has become negative, which shows that the buying power on Binance is very strong. Although the price of Bitcoin on Coinbase is lower, the overall price has not changed much, which shows that many people on Binance are buying crazily.

If Bitcoin wants to continue to rise, it may have to rely on the buying power of the global market, especially if the FOMO sentiment rises, the price may rush faster.

Overall, this trend feels very positive. What do you think, my friend?

The latest moves of new and old whales are good for the market. Keep playing the music and keep dancing!

The latest data shows that new whales are buying Bitcoin crazily, while those old whales are still holding on.

According to the NUPL indicator, when it is above 0.6 (blue signal), the market is usually in the profit-taking stage; when it is below -0.3 (yellow signal), it often indicates that there may be panic selling.

The current NUPL indicator is far away from the profit-taking zone, which means that the market pressure has decreased, and the continued buying of new whales may pave the way for the next rise.

It seems that market sentiment has begun to be optimistic, and the actions of new whales seem to be worth paying attention to.

Judging from the data, Binance is still awesome

After the news of the interest rate cut came out, the holdings on Binance increased significantly, and the opening volume increased significantly. On the other hand, the big investors on Bitmex seemed to have chosen a relatively conservative attitude, with a decline in trading activity, and some even selling.

This situation may mean that retail investors have begun to open a large number of long orders on Binance, while big investors are still waiting and waiting for more signals.

What are these big investors afraid of?

Wow, INJ MATIC RENDER has a high probability of rising, let's take a look

Recently, I saw whales frantically transferring funds from INJ, MATIC and RENDER to cold wallets, which is definitely a strong signal: big funds are preparing for long-term layout.

This large-scale cold wallet transfer often means that whales are confident in future increases and choose not to sell for the time being, reducing market liquidity. Especially INJ's continuous transfer since the end of August, MATIC also had similar operations in early September.

Soha Hxd

A chart tells you the ranking of development activity of tokens and chains, for reference when buying coins!

Recently, I looked at the development activity data of the crypto ecosystem and listed the top 15 blockchain ecosystems, ranked by the level and growth of github events in the past year. This list is based on the number of "pure" development activity events in each ecosystem, not just "commits"!

Ethereum is still the leader, but BNB Chain is really strong, with an annual growth of +3.0%, while Polygon has a decline of -1.6%
🤔

📊Development activity ranking:

1️⃣#Ethereum: +0.8%

2️#BNBChain: +3.0%

3️⃣#Polygon: -1.6%

4️⃣#Cosmos: +7.9%

5️⃣#Arbitrum: +11.6%

6️⃣#Optimism: +39.3%

7️⃣#Avalanche: +16.6%

8️⃣#Harmony: +5.9%

9️⃣#Polkadot: +1.8%

🔟#Solana: +12.1%

Tip: The ranking is mainly based on the number of ‘pure’ development activity events in each ecosystem, rather than just the growth percentage. Although the growth rate is important, the overall development activity can better reflect the actual development of the ecosystem. Therefore, the ranking prioritizes the total amount of activity, and then combines it with the growth situation for reference. For example, although Ethereum has not grown much, its total amount of development activity is still far higher than other projects.

Let’s take a look at the signal given by the Btc data on the chain. Like the foreigner brothers!

I recently took a look at Bitcoin's UTXO data and found some interesting signals, which are quite similar to the market trends in previous rounds. We can see some trends from short-term and long-term UTXO changes, which may be helpful for subsequent market analysis.

Let’s briefly talk about a few key points:

1. An increase in short-term UTXO may indicate a top: The orange part in the figure represents the UTXO of short-term holders (1 day to 1 week). Whenever this part increases significantly, it is usually a signal that the market is near a top. Short-term investors take profits at high points, which often brings a certain amount of selling pressure to the market and leads to price fluctuations.

2. The increase in long-term UTXO indicates the market accumulation stage: the purple part represents long-term UTXO (1 month to 3 months). When this part increases, it usually means that investors are accumulating Bitcoin and choose to continue to hold the currency. Not selling. This generally occurs when the market expects there will be an opportunity to rise in the future, which is a relatively healthy signal.

3. The delicate situation of the current market: The rise of short-term UTXO is somewhat similar to a signal of the top of the market, but the accumulation of long-term UTXO is also going on at the same time, indicating that many investors still have the confidence to continue holding currency. This makes the market appear to be in a choppy phase rather than falling rapidly.

In summary, the current market trends present both the risk of short-term selling pressure and signs of support from long-term holders. The next trend may gradually become clear amid the shock.

The market is tough, but data shows that big players and whales are buying. Brothers must hold on and don't dare to cut losses!

Recently, the holdings of whales and sharks are still strong. Data shows that these big players are still buying. At the same time, the supply of Bitcoin on exchanges is decreasing, and more coins are being transferred to cold wallets.

In the past three months, wallets holding 10+ BTC have accumulated 161,800 Bitcoins, an increase of nearly 28,600, while the Bitcoin stock on exchanges has decreased by 75,000.

With the continued buying of big players and the decline in supply on exchanges, the next wave of market conditions may be brewing.

Do you think these signals indicate that the market is about to rebound?

Don't panic, family, the data shows that many people have cut their losses

The market structure is about to change. Indicators show that many short-term investors are selling at a loss, and similar emotions are often a signal that the market has bottomed out.

The current market has entered the bottom range, and the bear market has weakened significantly. According to past experience, the market usually finds balance after bottoming out and prepares for the next round of gains. Although volatility still exists in the short term, this may be a stage for the market to accumulate strength.

These coins are being shorted strongly, can there be a short-selling boom?

The funding rate shows that $MANA, $GRT, and $Aave are being shorted heavily, and many people are betting that they will fall.

However, it is interesting that according to experience, when there is too much shorting, there is often a rebound.

Especially on Binance, the short ratio of these tokens is very high, and it feels that once liquidated, the price may rise rapidly.