1. Late-month market: Currently performing well, seize the opportunity to increase positions
The current market is pretty good, especially in the second half of the month. You should pay special attention to the fact that there may be a wave of market adjustments after the National Day on October 9. Before this adjustment, you can boldly increase your position when there is a correction. Many spot currencies, especially some Altcoin, have basically bottomed out, but there are also strong and weak ones.
Strong currencies are mainly Bitcoin ecosystem and some public chain projects. These currencies are relatively stable and worth investing in. If you are doing short-term investment, you must choose these strong currencies, and the income will be more guaranteed.
2. Meme coin: sufficient liquidity and excellent on-chain trading experience
Recently, the liquidity of meme coins is very sufficient, and everyone has participated in it. On-chain exchanges are also developing rapidly. For example, after the Pepe robot, the DEXX trading platform has also been launched. I recently tried it and found that the order operation is very smooth, the transaction speed is also very fast, and you can also track those "smart wallets" (i.e. the trading trends of large accounts) by yourself. This convenient experience may mean that traditional centralized exchanges will face elimination.
As more and more exchanges are launched on the blockchain, the ways for ordinary investors (retail investors) to enter the market will become more and more diverse in the future. Although the top large exchanges are still stable, those second-tier exchanges have really begun to feel a sense of crisis.
3. Ethereum: Rebound or bottom?
Regarding Ethereum, the most important question now is whether its exchange rate has bottomed out or is about to rebound. Although many people have opinions about Ethereum, they have to admit that it is the real leader among Altcoin. Only when Ethereum is strong can VC investment coins in Altcoin rise accordingly.
Ethereum is actually the most important indicator of market liquidity. From this round of bull market, it has been driven by ETFs (Exchange Traded Funds), and the phenomenon of retail investors diversion is also serious. At the beginning, everyone played with meme coins on the Solana chain, and now there are meme coins on various chains. Investors' FOMO sentiment (fear of missing out) is very serious.
The inscription meme coin in the Bitcoin ecosystem is a typical example. Ordinary people who invest in the OTC market have also begun to participate, especially those "ground promotion teams", and their way of entering the market is also through meme coins. The inscription that everyone was chasing after last year is the meme coin on Ethereum this year.
In the past, people in the crypto looked down on these “ground promotion teams”, but now they envy their coins for being listed on Binance (one of the largest exchanges). This is the result of market changes.
4. Chain Games: TON Chain games have become a hot topic and will continue to be so in the future
The most popular blockchain games at present are the mini-games on the TON chain, and several Binance mining projects have been launched. Judging from Binance's performance, these games have indeed brought a lot of traffic to the platform. It is not just driven by the power of capital, but it really attracts users. This may be the development direction of blockchain games in the future.
5. Meme coins and celebrity effects: Hot topics drive the market
In meme coins, celebrity effect has always been the main driving force. Recently, Musk's "Mars concept" has become popular, and before that, there was Trump's concept. In addition, CZ (CZ, founder of Binance) may be released from prison on the 29th, which may also become a new hot spot. These meme coins brought by celebrity effect have always been the main theme in the crypto.
When the market is good, remember to lock in profits. No matter how high your expectations are for the future, you must take out the principal first. Only in this way can you keep a stable mentality. Otherwise, once you encounter a callback, your mentality may collapse, especially when the volatility of meme coins is too large.
Summarize
The current market performance is good, especially before the National Day. Investors can boldly seize the opportunity to increase their positions during the correction. In terms of currency selection, strong coins (Bitcoin ecology, public chain projects) are still the first choice. Meme coins and on-chain exchanges are developing rapidly, especially hot concept coins related to celebrities, which are worth paying attention to. Ethereum is still an important indicator of market liquidity, and its future performance is crucial.
While making profits, be sure to remember to lock in part of the profits in time to avoid excessive psychological pressure during a pullback, especially in the face of the highly volatile meme coin market.
Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.
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