On July 4, I opened a position in Bome and won a small profit of #bome $BOME . Looking at the next twelve hours, 📈 continue to hold and run when the price drops
There is a rule in the MEME market: the more terribly quiet it is, the more you need to pay attention to it every day. $PEPE When no one paid attention to MEME, it emerged. $MOG emerged when everyone was most desperate in July and August last year. $BOME When everyone was staring at ETH, SOL emerged. There are many such examples, and the overall environment is also changing: At the end of the European Cup, attention returned. Risks in Germany and MTGOX are gradually cleared, and sentiment is returning. The US interest rate cut is approaching, and funds are abundant. ETH ETF is gradually advancing, and incremental funds SOL ETF is also being launched, and incremental funds The worst period has passed, and the situation is gradually improving. $PEPE $BOME
The most eye-catching performance in this round is Bome. It is neither rising nor falling. It looks like it is time to start building a position. $BOME
Dear friends, especially those who are new to the meme coin market after February this year, I would like to share some observations and experiences with you.
When you see the surge in pepe and other currencies and the crazy ups and downs of bome, you may expect to make huge profits in a short period of time through large positions fomo (chasing hot spots), thinking that this is the norm of meme. But please allow me to remind you that there are often risks behind such market fluctuations. Looking back at some past cases, we can find that: $PEPE After being listed on Binance in May last year, it once reached a temporary high point, but then its market value fell by 85% in just a few months. It was not until February this year that it began to rebound strongly, with the highest market value reaching 7 billion.
Akro's trend is very strong. Hum, it's soaring like a rocket launch! The performance is really eye-catching. This car is worth buying. It is estimated that it will start to adjust on Monday. $AKRO
"Never FOMO on the bus", just like a bus, there will always be another one waiting for you, there is no need to rush to catch up just because you missed this one. In the world of MEME, it is even more so, don't blindly follow the trend just because of the temporary popularity. $PEPE
Speaking of the adjustment of the bull market, it is like a naughty child, playing "hide and seek" from time to time in the cycle, but I don't think it will be like the one in May 2021, when Bitcoin took 50% of Ethereum. Why? Think about May 21, when the price of BTC was flying high, more than three times the previous high, but now, it has not yet steadily crossed the high point of the last bull market, how can it be compared with that time? Look at the altcoins at that time, especially the defi sector, they rose like balloons and were about to explode at any time. But this time, they are still jumping in the early stages of the bull market. In May 21, the market value of Dogecoin, the boss of meme coins, reached a peak of 80 billion US dollars. Compared with the current popularity, it is really the "peak of dog life", and now, there is no such frenzy. In this cycle, BTC market started ahead of time because of the helper BTC ETF, while those copycat and meme coins are still in the "warm-up" stage of the early bull market. As for the big adjustment on 519, I guess it may make another "big move" when the BTC price reaches 90,000-100,000. As for the current small changes, I think the decline of BTC is about 20-25%, don't worry too much! $BTC $ETH $PEPE
Market pessimism spreads, PEPE prices may continue to correct Pepe Coin (PEPE) has not been immune to the recent turmoil in the crypto market. Currently, the significant decline in trading volume and open interest has become the focus of market attention, a trend that suggests that PEPE prices may further continue their correction trend. First of all, from the perspective of market environment, the first three weeks of June showed obvious bear market characteristics for the encryption market, especially the meme currency sector. In this context, Pepe currency cannot be immune, and its short-term trend remains bearish. It is worth noting that PEPE has currently formed a flag pattern, which is often seen in technical analysis as a warning sign that may lead to a temporary downward trend. Specifically, PEPE’s market capitalization has dropped 34% from its recent peak, and is currently trading at $0.000011. More worryingly, however, there has also been a significant drop in the number of open interest. This data is often seen as an important indicator of trader commitment and market liquidity, and its decline may mean that market participants' confidence in PEPE is weakening. Looking at technical indicators, sellers are currently in the driver's seat. This further intensified the market's pessimism and put PEPE prices under greater downward pressure. In particular, if PEPE price falls below the $0.00001 support, it could plunge into a deeper correction. $PEPE #pepe
Pepe Coin Price Forecast Update: Market Liquidity Reduced, Correction Trend May Continue In the latest market observation, the open interest of Pepe Coin (PEPE) dropped by an astonishing 44%. This data has caused investors to pay deep attention to the future trend of PEPE price. Especially given the decline in both volume and open interest, this seems to suggest that PEPE price may further extend its current corrective trend. In the first three weeks of June, the entire cryptocurrency market experienced a significant bear market, and the meme currency sector suffered a big blow. In such a market environment, Pepe currency cannot be immune. Its short-term trend is still bearish and has formed a flag pattern, which further increases the market's concerns about the downward trend of PEPE prices. PEPE’s market capitalization is down 34% from its recent peak and is currently trading around $0.000011. However, this price level also comes with significant risks, especially if the market deteriorates further and PEPE could lose the important support level of $0.00001. It is worth noting that a significant drop in open interest not only reflects traders’ pessimistic expectations about the future of the market, but may also indicate that the market’s liquidity is decreasing. Liquidity is crucial to the price stability of any asset, so this trend is certainly a headwind for PEPE. Judging from technical indicators, sellers currently occupy a dominant position, which is also consistent with the current correction trend in PEPE prices. However, investors still need to remain vigilant, because the market is always full of uncertainty, and any unexpected events may change the trend of PEPE prices. Pepe Coin (PEPE) is currently facing significant downward pressure and its correction trend may continue.
$ZRO From the current trend, 2.9 is the trend in a few hours... Is this the Burmese dealer? If it doesn't push to 2.9, there is a high probability that it will pull up.