Bitcoin is $65,757, and the current price has increased by 6% in the past 24 hours; 63,181 people were liquidated in the past 24 hours, with a total liquidation amount of $240 million
The main short position was blown up, BTC liquidated 91.25 million US dollars, and the cumulative short position liquidated 207 million US dollars
In addition, according to the news from the platform Coinglass, the currency circle started from April, and October 14th was the day when the air force exploded: the second
It can be clearly seen from the above picture that the real decisive battle is around BTC price of 70,000 US dollars
After seven months of volatile decline, many people in the market have formed an inertial thinking: rebound and decline
For the current cryptocurrency world: the main force can let retail investors be right 99 times, and he only needs to be right once to make back his principal and interest.
Therefore, you must regard every investment as the first and last time; only with this awe can you live long and well in the cryptocurrency circle.
The current copycat market is completely unstoppable, and the upward trend is getting stronger and stronger.
The layout was completed in September, and now we just sit back and watch the tigers fight, without any operation
The only thing you need is to wait patiently for the right time to sell.
People always ask: Will the Ox still be there in 2024? In fact, it is like the wind, it is always there!
As long as you believe and are determined, he will surely come as expected.
Invest in these top altcoins and get rich in the bull market!
GRT
The Graph is popular for providing efficient and affordable access to decentralized data. It is known for its 99.99% uptime and 24/7 availability.
The Graph (GRT) has seen a significant price increase of around 9% over the past 24 hours with a trading volume of $108.98 million. Additionally, the coin is up 4.82% over the past week and 18% over the past 30 days. The altcoin has been trading in an ascending channel pattern since August, indicating a long-term bullish outlook.
The Moving Average Convergence Divergence (MACD) shows signs of bullish convergence as the red histogram is declining on the 1-day chart. This highlights the growing positive sentiment in the cryptocurrency market for The Graph. Moreover, the Simple Moving Average (SMA) has completed a bullish crossover, providing strong support to the price.
If this bullish momentum persists, The Graph might test its resistance at $0.1980. If the bullish sentiment strengthens, the price might push up to its overhead resistance at $0.2650. However, if the bearish pressure increases, GRT might retest the support trendline of the ascending channel. Failure to sustain at this level could see the price drop to a critical low of $0.1375 in the coming weeks.
TREES
The recent surge in BOME prices has caught the attention of many investors.
BOME has now broken out of the resistance zone and shows the potential to reclaim the critical range of $0.01124 to $0.01155. However, with the increasing volume, a brief drop to $0.0085 is possible. The On Balance Volume (OBV) has rebounded and is steadily climbing, indicating that a breakout of the previous bearish levels may be imminent. Therefore, the price of BOME is expected to remain high for the rest of 2024 and is expected to exceed $0.15 by the end of the year.
With the expected altcoin season around the corner, Book of Meme (BOME) is one of the projects that is expected to benefit. Currently, BOME is trading at $0.009551, up 20.32% in the past 24 hours and 49.58% in the past 30 days. Its RSI is 44, indicating that it is undervalued and buying at the current price may be a good option. If the altcoin season begins, BOME may reach a maximum price of $0.02.
Additionally, BOME has gained more adoption after being added to PengyOS. It has grown by 948.48% over the past year, although it is still not at its all-time high. As Bitcoin ETFs continue to buy more Bitcoin than the mining supply, the potential for gains in other altcoins, especially meme coins, seems promising. With the fourth quarter approaching, now may be a good time to join in order not to miss out.
