Currently, there is hardly any liquidity in the secondary market. Only popularity can generate liquidity. Now, with the spread of BSC, only those related to BSC are benefiting, while other altcoins are basically useless. So in the short term, try to manage yourself well, observe more and act less.
API3 has rebounded sharply, with an 83% increase today. Currently at 0.95, it is not recommended to chase; wait for a pullback before considering entry.
In contrast, the reason CAKE has remained steadfast is that the BSC chain has fully taken off.
Your cognitive mindset needs countless times of selling at a loss, and the painful torment of cutting losses before takeoff, to improve. From Bome, Neiro to Trump, then to TST, and now to Mubarak. Compare with yourself, improving each time. This requires constant review.
The BSC ecosystem is currently in a phase of enthusiasm diffusion, CZ bought TST, proving that in CZ's eyes it has certain value and significance, this large wave of decline has lasted a long time, and many people feel emotionally that it is garbage, TST has just launched a Telegram-based bot on BSC, with revenue used to buy back TST, liquidity is good, transactions are smooth, currently at 0.0714.
PEPE broke through without results, 4-hour small W top, currently at 706, looking at around 57 below, if it can break below the 700 line, it can further confirm the downward trend.
The founder of TON comes out to definitely do something, but needs to rest a bit in the short term. Currently, it is fluctuating around 3.5, with resistance above at 4.5 and support below at 3.0. There's not much to see on the charts, so we continue to wait during this fluctuation phase.
Analysis of the TON chain: CATI, DOGS, NOT all drop once they go live, not looking good but can be speculative; the bursts happen in an instant. In summary, it's junk and not suitable for long-term holding, act according to the situation.
Shanzhai 3.18 Highlights: 1. ENA and Securitize launched Converge: a new blockchain for institutional DeFi, the market breaks through and pulls back, if it can hold steady, it can continue to pump, it is advisable to enter around 0.375;
2. Canary submitted the S-1 filing for its SUI ETF, SUI is at the neckline resistance and may break through at any time, currently at 2.357, it is advisable to wait for the breakthrough and then enter;
3. BN directly listed BMT MUBARAK's HY, after the listing, instead of falling, it rose, exceeding expectations;
4. CHEEMS directly reached ATH, considered the only old coin currently reaching a new high;
5. CAKE continues to pump, if BSC can continue to ferment, CAKE can reach a new high again.
Reviewing yesterday, BTC is still fluctuating within a triangular structure, and it is close to making a decision.
BTC is fluctuating within the triangular structure, possibly waiting for the interest rate decision to be released in the early morning. Currently, the daily 20-line is somewhat flattening, but since the early morning data is an unknown, today during the day it will still fluctuate. The bearish outlook remains unchanged, and the 8W4-8W5 range can be entered.
ETH, reviewing yesterday's box fluctuation, has been maintained for a whole day. After several unsuccessful attempts to break through 1960, it has been fluctuating. With support from the early morning data, it may first reach around 2000 before diving downwards. The 4-hour 20-line is flattening and will soon yield results, so be patient. For those without confidence, wait for the data to come out before deciding to take action! Pay attention to the resistance at 2000 above and the support at 1820 below.
Although many people are criticizing ETH now, what they don't know is that only the ETH after a pullback is the real Ethereum. It's just that the bottom is hard to pin down, but I will review it with you every week until it reaches new heights. The bottom will either start with 17 or 15!
1.5 CAKE has reached 60 points now, even if it's 2.15 and re-entered, there are still 20 points. So amazing, I hope BSC can become popular, so that CAKE has even greater potential.
In addition to CAKE, there is also THE worth paying attention to, after all, the problems with BSC traps are too severe, and we must innovate trading facilities like CAKE to have a chance,
THE is a perfect existing DEX alternative, which may have further developments, The market is at the bottom, the current price of 0.426 can be expected to reach around 0.7.
With the explosive popularity of the BSC chain, the usage rates of BNB and CAKE are also continuously rising, this phase is similar to the explosive popularity of the SOL chain last year,
CAKE is looking for opportunities to continue advancing.
Shanzhai 3.17 Highlights: 1. In the early hours of March 20, the interest rate decision announcement and Old Powell's speech are key events. Historically, lower interest rates have led to increased liquidity in the financial markets, typically benefiting assets from stocks to cryptocurrencies. If signals of a pause in interest rate hikes or hints of an upcoming rate cut are released, it could boost confidence;
2. PNUT, PEPE, WIF, SHIB are waiting for a pullback to stabilize before considering entry;
3. AUCTION is in its own bull market, currently near resistance at 36.2, waiting for a pullback before reassessing;
4. BNX is set for a new upgrade tomorrow and has just reached resistance; those not in the 🚗 should remain on the sidelines;
5. CAKE, after a pullback, continues to pump, with upper resistance at 2.1.
BTC has reached the end of the triangle structure, the timing is imminent, and we are waiting for direction to enter the market accordingly. Support at 82,500 below, pressured by the daily 20-line at 85,000, still not optimistic about breaking above. However, the data on the 20th must be taken seriously, as it could be a reversal within a reversal.
ETH's 4-hour 20-line is flat, in a volatile market but will soon change direction, having broken away from BTC to move independently. Although it's weak, I think it's a good thing, indicating that independent trends are approaching. Currently still in a narrow range of fluctuations, maintaining a wait-and-see approach.
CAKE 16 points can go first and observe for now, Although there is strong pressure at 2.09, the short-term pressure still needs attention, And now it is in the middle of the range, so it is not suitable to take action.
Shanzhai 3.15 Highlights: 1. DOT, entering near 4.0 has already gained 7 points, it can be exited in the short term, waiting for a pullback to find another entry opportunity;
2. PEPE, WIF, PNUT, Doge, SHIB all had a good performance yesterday, the meme sector still leads, it can be exited in the short term, observing and waiting, with a focus on PNUT;
3. International football events in May to pay attention to in advance: SANTOS, LAZIO, BAR, OG;
4. SOL's recent cooperation with Visa and Shopify has solidified its position, but it is still oscillating within a wedge without a good entry point, observing and waiting to consider near 120;
5. AI16Z, oscillating upwards for 4 hours is still in a mess, once again testing the middle track to confirm support at 0.18, those who entered should wait for this wave to exit; TRUMP has reached the target near 12.7 again, it can be exited for now.
Reviewing yesterday's BTC relay oscillation breakthrough, it has once again reached the oscillation range of 83700-85400.
Typically, arriving at the oscillation range over the weekend means there isn't much market movement. BTC's focus is on whether it can break below the 83700 support level, the daily 20-line continues to form resistance, as time progresses the 20-line will reach 85400 and create resistance. Therefore, I do not expect it to break through directly here; rather, it will continue to be pushed down by the 20-line. Moreover, 85400 is the mid-position of the flag shape; breaking through the trend can be entered later.
ETH is still oscillating within the flag shape, showing weakness. Although it just stood above the 20-line on the 4-hour chart, the 20-line is flattening out and may form an upward oscillation trend. For now, it is best to remain observant and wait for opportunities.