Most people were bearish last night. As soon as it got dark, many friends complained that it was uncomfortable. It was getting dark again and the market was going to fall again. Then it really fell. The BTC was about to fall below 61,000, and the ETH was about to fall below 3,000.
After midnight, a few old guys from the Federal Reserve came out to release hawkish signals, still saying that interest rates could not be cut. Surprisingly, the U.S. stock market did not experience a serious crash, but instead rebounded a bit. BTC also began to rebound here. Many people said not to be fooled, that this was a lure to buy more, and that it would definitely be beheaded in the early morning. However, they were wrong again. The rebound continued all night and when I woke up in the morning, Bitcoin had reached 64,000 again. Isn’t that infuriating?
The current market situation is that you don’t know why it falls, and you don’t know why it rises. If it falls, they will tell you 100 reasons, and if it rises, there will also be 100 reasons waiting for you.
Retail investors are in a very bad situation. They dare not buy or sell. If they buy the wrong stocks, they will be stuck. If they sell at a loss, they will lose all their efforts. Trading is really not a simple thing.
Then I saw that according to Lookonchain monitoring, 7 hours ago, an address suspected to be Justin Sun withdrew 196 million USDT from HTX and deposited it into Binance. Haha, is Sun going to buy the dips on Binance? Why not buy the dips and pull the market in his own exchange? Is the depth not as good as Binance? I hope Lao Zhu and Lao Sun will not point the finger at each other again this time! For once, save the suffering retail investors.
100x Altcoin reappears?
DOGE
Generally speaking, Dogecoin (DOGE-USD) is one of the better places for speculative investors to direct their funds when a major catalyst occurs. Dogecoin has become the go-to speculative vehicle in the cryptocurrency space.
It has no real utility. This has been very apparent since its inception. Its creators constantly point out that it is nothing more than a joke. Yet today Dogecoin has a market cap of nearly $29 billion.
Dogecoin also continues to enjoy strong support from Elon Musk, who has long backed the project and recently hinted at integration with his X platform.
This connection is another positive factor for Dogecoin during the Bitcoin halving process. Dogecoin has demonstrated its ability to deliver fast, super-large games time and time again. It is common for Dogecoin to offer 10% returns within 24 hours. Don’t be surprised when it happens again.
BOME
BOOK OF MEME can be understood as a permanent storage library for memes, and a series of meme creation functions will be expanded on its basis.
The new generation of MEME sectors are all characterized by strong market control and high market attention. For example, WIF was listed on Binance and Robinhood, with very strong exposure; SLERF and BOME had whale absorbing enough chips during several sharp price fluctuations.
The continuous improvement of the functions and market value of AI giants such as OpenAI will also open up imagination and ceiling for the market value of Web3 AI projects. When new innovative narratives that can be widely accepted by the market emerge in the Web3 AI sector, the sector may usher in another outbreak.
ICP
The Internet Computer (ICP), which is reshaping the structure of the Internet with its decentralized CPU technology, is priced at $12.00. The 7-day decline of 4% has suppressed the 30-day surge of 20%. Overall, the Internet Computer (ICP) reflects bullish market sentiment and growing investor confidence.
Enthusiasm for the Internet Computer (ICP) is reflected in the fact that its innovative approach to creating an infinite computing blockchain has attracted the attention of investors. The impressive performance of the Internet Computer (ICP) highlights its potential as a cornerstone of the growing cryptocurrency ecosystem.
Create a high-quality circle
Spot mainly
I will share some content: as shown below:
The overall position is ≥ 5,000u. If you want to join, scan the QR code below!
(A few hundred or a few thousand is too small to operate. If you don’t have it, you can also send a private message. You can also join after passing the screening.) Purpose: To become bigger and stronger, to create glory again and turn around in the next bull market!
This is the end of the article. I will do a more detailed analysis in the communication group. If you want to join my circle, please contact me directly through the WeChat below!
Note: If the QR code is invalid, please leave a message in the background
