The encryption process hasn't changed much, and neither has the narrative or the fundamentals. You shouldn't change your determination because of the price; instead, you should dare to gradually increase your holdings during pullbacks. It's the same principle as gradually selling around 120,000. Investing is counterintuitive; when there's fear, that's when you should buy. After years of practice, your hands will have muscle memory. The more fear you feel, the bolder you should be, and the more impatient you become, the stiffer your hands will be.
Now Binance #BINANCE and OKX #OKX can trade DEX tokens on CEX, encompassing everything. In the future, the on-chain golden dog will have a larger user base, and hundredfold speculative opportunities may be beckoning. Although the opportunities for old coins are limited, once CEX and DEX join forces, new coins still have a good chance of creating short-term super wealth effects. It's almost time for experts and young players to showcase their skills.
Two days before the government shutdown, I guessed correctly about 25% of the time and casually threw away 100u, reasoning that the major airports were already in chaos and couldn't hold out too long, so I chose a high odds of 12-15.
Once the government starts working again, the special family will begin making money again, and the days of jumping around in the cryptocurrency market will return. Today, mainstream cryptocurrencies have risen ahead of pre-market trading in the U.S. stock market, which appears to be a good signal; at least it's no longer as weak as before. The short-term drop below 10w has mostly corrected, and with the expectation of the government ending the shutdown this week, the U.S. stock market should also rise with the news, so overall it should be stable with an upward trend, with strong resistance around 11w.
The unresolved issue currently is that there is significant selling pressure, and during rebounds, demand is still insufficient. Therefore, it is highly probable that we will continue to see a range-bound fluctuation in the market, making it difficult to directly initiate a strong upward trend.
It seems that among this wave of old coins, there is one coin that is not rising randomly. After preliminary research, I feel that there is still a potential for 30-100 times growth in 3-5 years. I will study it carefully again tomorrow, and if the conclusion is correct, I will explain the logic. Looking forward to a wave of likes first (breaking a thousand?)
#Binance announces its participation in the Sei Network as a validator node. This means Sei is starting to make strides in the institutional finance sector. Sei Network is known for its high throughput in public chains, making it very suitable for institutional use, and Binance's collaboration helps Sei move towards a broader market. Sei's institutional ecosystem is already very strong, with tokenized funds from industry giants such as BlackRock, Brevan Howard, Hamilton Lane, and Apollo already launched on the network.
Binance's participation further strengthens this ecosystem and provides a solid foundation for the development of the global on-chain market. Sei's architecture, specifically designed for high-frequency trading and real-time digital exchanges, makes it an ideal underlying public chain for institutional-grade asset trading. Binance's collaboration, combined with Sei's vision for faster and more efficient finance, will mark a transition towards a more integrated and interoperable financial system. As the on-chain demand from global markets continues to grow, the acceleration of institutions entering the blockchain could benefit Sei as a high-throughput public chain due to market expansion.
The surge of old coins belongs to the dead cat bounce series, dazzling yet short-lived. Every bounce is an opportunity to escape, ultimately returning to zero over time. If you dare to chase, he will dare to hand you the chips. For the project parties, they have already made enough profit early on. If they can still come out to scam some money now, it's all just a bonus.
The vote on the U.S. government shutdown still did not pass, 53-43, not exceeding 60, which means the shutdown continues. It has already been 38 days, and as a result, liquidity at the beginning of next week will still be difficult to restore, so it is possible to continue searching for the bottom. However, the good news is that once the government shutdown ends, the decline caused by this will be corrected. Historically, the restoration of normal government order has led to a rise in U.S. stocks. As for whether the cryptocurrency market will follow, who knows~
Recently, many small coins are quite interesting. The price increases and drops are at the 5-minute level. Either they directly surge several times in a few 5-minute intervals, or they drop back immediately. In any case, they are manipulated like crazy contracts that just push things to the limit. These coins are actually quite fun. Before opening a position, think about how much money you are willing to lose, and if you follow the trend, you can usually be right. Additionally, there can be some short-term windfalls, which are suitable for experts, but beginners should probably avoid it~
This is how the crypto world plays, cut hard, and if it disappears, let’s perish together!
This method of rising and falling may create another myth among tens of millions of retail investors, after all, everything in ultra-short trading is a probability game~
The spring of Yezhuang Coin, this is what is called the shanzhai season, but unfortunately it has nothing to do with 99% of people. If the current listing method does not change, this will be the norm in the future cryptocurrency world.
The contract of the biggest institution in the universe actually has a large 24h trading volume of 1 million. These small coins have lost their liquidity, so why keep them? Just get rid of them. Gather the liquidity, and only then will there be a chance to form a synergy for the altcoin season. #binance
Since 1011, Bitcoin has completely stopped following the U.S. stock market and has independently entered a downward trend. It appears that this wave of decline will break below the 1011 low. The cryptocurrency market often peaks or bottoms out ahead of the stock market because it is more sensitive to market liquidity, thanks to 24/7 trading and capital inflows and outflows. Recently, whether regarding Bitcoin ETFs or the overall macro environment, the expectations have not been as optimistic as anticipated. It seems that behind the interest rate cuts, there has not been a significant increase in liquidity. In short, in this market, the first lesson is to learn to survive and control your position to a comfortable level; otherwise, being fully invested during a drawdown in past bear markets can be very painful. This kind of pain can only be understood through experience.
Robinhood has launched a public chain in the cryptocurrency space, $SEI, which was launched alongside $SUI as the two dominant public chains at that time. Both public chains have their advantages; $SEI focuses more on high-frequency financial applications and EVM compatibility. Previously, the circulating market value of SUI surged to nearly $20 billion. SEI has remained relatively inexpensive, with a current circulating market value of $1 billion, while SUI's circulating market value is $8 billion.
As a hub for retail investors in U.S. stocks, Robinhood has 25 million users and a daily trading volume of $3 billion, making it a fairly decent incremental market. Although the number of users is not as high as #binance, it symbolizes its compliance. Currently, the price of SEI is not much higher than its valuation during the 2023 financing round ($80 million), so keep an eye on it to see if there are any opportunities at lower levels.
Bitcoin has fallen so much that small coins can hardly keep up. It seems the leverage of small coins has really been cleared out. Some high-controlled ones will definitely rise more than ten times in the future. As for Bitcoin, it is estimated that it will touch around 100,000, but the process will not be a direct drop; rather, it will be a fluctuating decline~
This year's Halloween decorations in Los Angeles have noticeably decreased. It seems that even as strong as the U.S. stock market is, the American economy is still declining, or rather, the wealth gap is further widening. This time, the middle class and the poor have been drawn into the whirlpool together. The common people's lives are clearly not as good as before, and inflation and unemployment should be the main culprits. So, how long can interest rate cuts be maintained? I really have a question mark about that. Listen carefully to Powell's speech at night!
At 2 AM, Powell will announce an interest rate cut. Pay close attention to those insider wallets, one of which has been quite aggressive recently with a 100% win rate. The insider is currently holding long positions in SOL and ETH. Let's verify if the Federal Reserve has provided any information sources. Could it be that Powell's speech is known in advance? Do you dare to follow?
The monitoring address is as follows: https://hyperbot.network/trader/0xc2a30212a8DdAc9e123944d6e29FADdCe994E5f2
Starting from 10.24, a giant whale with a 100% win rate has made 284 million U from 4.33 billion U.
France plans to buy 2% of Bitcoin. Currently, this bill has not passed and is in the proposal and debate stage. We hope European allies will follow suit. 2% is a huge number; based on 21 million, it would require purchasing 420,000 coins, with about 50 billion in funds needed. It's worth noting that the total Bitcoin supply in the U.S. is only 325,000 coins, and MicroStrategy has bought only 640,000 coins over several years. France's quantity is significant. If the proposal is passed, Bitcoin could easily set a new historical high.
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