链趣小可

GM July 18, 2024

1. Market trend:
BTC fell and failed to stand on the weekly line. After the on-chain dog became popular, the market usually adjusted. The US stock market plummeted, setting the largest drop in a year.

2. Market hot spots:
1. Old games BNX, Alice, DAR, TLM, Gods, etc. rose. BNX proposed to destroy 74% of tokens. 2. RPL, REX, and ETHFI pledged by ETH rebounded. SEC said that POS pledge of ETH ETF may turn around.
3. BTC inscription SATs rose, and the market value approached ORDI. This round of 3 times is one of the best targets for rebound.
4. TON Ecology Pixelverse plans to issue coins this week and will airdrop to holders on the NOT chain. Pixelverse is a click-based battle game, and its founder is from BN. $BTC $ETH $WLD

Why can't most people make money in a bull market?

1. They dare not buy the bottom in batches when the market falls;

2. Even if they buy the bottom, they don't hold on, and they get off the bus as soon as the dealer washes it;

3. The chips are too scattered;

4. They frequently get on and off the bus, constantly change positions, chase ups and downs, and eventually miss the bull market;

5. They chase the rise in the bull market, and they are full of large positions. A big correction will cause them to cut their losses and leave the market;

6. They don't know when the bull market comes, and they don't dare to hold a large position. They don't know when the bull market is gone, and they still hold a large position or continue to increase their positions. $SOL $BTC $ETH

This week, 5 projects will have a one-time large-scale token unlock:

1. ApeCoin (APE): unlocked about 15.6 million APE at 8:00 on June 17, accounting for 2.48% of the circulation, worth about 16.87 million US dollars

2. Nym (NYM): unlocked about 2.96 million NYM at 8:00 on June 17, accounting for 0.37% of the circulation, worth about 405,000 US dollars

3. Manta Network (MANTA): unlocked about 6.67 million MANTA at 17:30 on June 18, accounting for 2.05% of the circulation, worth about 8.6 million US dollars

4. Pixels (PIXEL): unlocked about 54.38 million PIXEL at 18:00 on June 19, accounting for 7.05% of the circulation, worth about 19.68 million US dollars

5. SPACE ID (ID): unlocked at 8:00 on June 22 About 78.49 million IDs were unlocked, accounting for 18.23% of the circulation, with a value of about 43.9 million US dollars.

Ethfi is missing a needle, 3.4 is accurate, this drop is accurate to #ETHFI⁩

BTC Market Analysis

Based on historical patterns, altcoins may bottom out in early June.

Because of the bottom in early February and the sell-off before and after the $BTC halving, we have reason to believe that altcoins may bottom out in early summer. #BTC

Buy at the bottom, the trend is still there, I will be the first to bear the brunt #BTC #ENA

#ETH Analysis

Ethereum is in a consolidation phase channel and only needs to break through the upper channel resistance to gain momentum and more upside.

Upper Channel Resistance - 3354

If 3354 is successfully broken and retested, and this channel resistance now acts as support and confirms a daily close above this level, then we can see ETH moving higher.

If it breaks out, the upper targets will be

3400
3600
4000
4500
4800
#ETHETF spot will also be launched in the coming weeks

If the ETF is approved, then ETH can rise strongly

If ETH rises strongly, it means that altcoins are also doing well. #eth二饼

A big win #ETH #BOME #WLD #WIF

Only by knowing the market situation well can you be invincible!

Fundamentals of the market:
The market is weak and volatile. It just pulled back when it was about to rise. Brother Sun still continued to buy ETH. US stocks continued to fall. The GDP of the United States began to stagnate in the first quarter, and the expectation of interest rate cuts remained.

Market hot spots:
1. The wallet safe has increased significantly. It is a multi-signature wallet. Its competitors have been suppressed by the United States. OK was launched this week.

2. The meme coins bonk and pepe rose generally. The position of meme in the bull market is becoming more and more obvious. Relative to value coins, more people are optimistic about meme

3. The platform token bnb continues to rise. Holding bnb can participate in the big new, and the income from new issuance is very high. Almost every time you collect 2%, you can also manage your finances regularly, and you can also use ieo and meadrop to issue new shares, with a comprehensive annualized return of 150%

4. There will be two more major news announcements tonight, with a high probability of shocks and panic declines. It depends on whether it is higher or lower than expected. #大盘走势

A brief summary of the current market

1: Bitcoin rebounded and rose repeatedly, consolidating the situation of increasingly high lows. The first sector to pull up the altcoins was the MEME sector led by PEPE. The next sector to pull up may be the Ethereum pledge sector SSV, the game sector YGG and the Rwa sector ONDO. The sector leaders have risen the most fiercely

2: Other countries should follow suit in May. Now it is a clear ETF to grab chips. The Ethereum diamond bottom is below 3,000. Today, ETH rebounded stronger than BTC. The altcoin season is coming later. Everyone should hold on to your chips

3: The worst case scenario is to continue to fluctuate around here for one or two months, insisting on low-absorption and fixed investment. At present, the positive impact of interest rate cuts + the expectation of the presidential election have not been released. The main rising wave bull market is accumulating power. The main rising wave after halving is the most worth looking forward to #比特币减半

The upcoming#AIconference! There is potential stimulation!

And a series of top projects will be released in May, such as the #ASI merger, such as#IOcoin issuance! Is this a coincidence?

1. Google 2024 I/O event (May 14)

2. Apple Developer Conference (June 10)

3. Release of Chat GPT-5 (June to July)

Especially this year, Apple's actions in the field of AI are worth looking forward to! #WLD/USDT⚡️⚡️ #ASI