Has the boat passed through thousands of mountains? Or is Wumeng Mountain connected to another mountain? The current daily line is quite good, and the weekly line is also good, so can it be strongly bullish? No! I don’t think it will be strongly bullish. Because no matter from the time period or the amount of funds, some major players have not even started to build positions. At present, $BTC is still in the stage of shaking out positions. Don’t chase it when you see the price of the BTC rise. Be rational. The second stage of the bull market is still brewing.
The 4 most worthwhile 100x cryptocurrencies to buy the dips before the big explosion!
PEPE
PEPE used to be very popular, with its price soaring and its market value approaching the 4.6 billion US dollar mark, firmly sitting on the throne of the top 50 virtual currencies by market value. That momentum was amazing! But recently the market has been like a roller coaster, and the Ethereum ecosystem has also encountered a small ice age. As the leader of the meme world, PEPE is naturally not immune to the disaster. Its price fluctuates with Ethereum and has fallen into a small slump.
However, crisis is also an opportunity! For those speculators with unique vision, this may be a good time to quietly lay out and wait for the flowers to bloom. After all, history tells us that the peak is often after the trough. Have you heard? The PEPE coin task on Binance is about to be completed. In the next ten days or so, the pressure of selling may gradually ease. What does this mean? It means that there may be a chance to catch the first ray of light of PEPE rebound! But don’t forget that the market recovery still depends on the explosion of the Ethereum ecosystem and the recovery of the overall market, so be patient, patient, and patient!
SOL
SOL's growth is still expected to surpass BTC. If we look at ETH according to the same logic, we can draw a similar conclusion. At present, ETH's selling pressure is significantly smaller than SOL, but this does not mean that ETH is stronger than SOL. Instead, it is because ETH's structure is one gear lower than the market, indicating that the previous selling pressure has been released, and the selling pressure at this stage is naturally reduced. However, from the overall trend, ETH may still be weaker than BTC and SOL in the later period. Back to the specific market, SOL's short-term trend is basically in line with expectations. After touching the 143u pressure level we mentioned yesterday, SOL rebounded slightly twice, but due to limited amplitude, there is not much room for operation.
SUI
Sui announced that it will cooperate with ByteDance to launch a new public chain token that has not yet exploded. The public chain tokens refer to the SoL in the last bull market. Avax has a strong lineup of investment positions. If it does not explode, it will be amazing if it explodes. Now it has come out of the bottom area and can be held continuously. The popularity of the public chain leader is still quite durable. Sui has increased by more than 800% from the bottom after it went online. The whitelist participants were even more exaggerated. The current increase is close to 20 times. It's a pity that many leeks sold it early. After the outbreak of the public chain, it will drive the ecological outbreak. Then the rotation of the sector will follow. Sui and Sei are both public chains with great potential. If you hold them for a long time, the yield will be very good. Of course, the decline will also be relatively large. Both public chains are under construction and development. The fundamentals are very good. In this round of bull market, it is easy to become a hundred-fold or a thousand-fold coin. If Sui develops well, it will definitely empower the projects on its chain. At present, Sui has the investment support of a16z, so there should be good room for imagination. The current bottom platform is well organized
Binance recently announced that TON will be launched on Launchpool. The price of TON tokens continued to rise the day before yesterday, breaking through 7 US dollars in the short term. The wealth effect and trading popularity are relatively high. TON ecosystem is backed by Telegram and has a very large user group. Most of the ecological projects are game projects. Simply Tap 2 Earn and complete the task to get platform rewards. TON tokens have been popular recently. With the increase in on-chain games, they have been favored by many large industry institutions. Breaking ten dollars is just around the corner. Some people may think that its market value is too high and the space is limited. Its circulation is only half. Secondly, the official said that it will be destroyed later, and the future potential is still full. Secondly, TON announced the launch of TON Teleport BTC, a trustless and secure bridge that enables seamless Bitcoin transfers between TON. "tgBTC" is likely to be a wrapped Bitcoin on the TON blockchain, similar to wBTC.