BTC's short-term candlestick chart has formed a descending wedge pattern again. It's currently holding firm and is likely to make another push to new highs. Pay close attention to its performance near the short-term high: if it can hold, the outlook remains strong; if it fails to hold, it's likely to pull back after the initial surge, leaving an upper shadow.
Short BTC at 98,000 and ETH at 3,385; these are extremely cost-effective entry points. Both are currently near short-term highs, so if your analysis is correct, profits are almost guaranteed. Even if a breakout occurs, it will likely be a pullback after a brief upward move with an upper shadow, making short positions a safe bet. Go for it!
I've shortlisted four meme-based on-chain meme with a high probability of being listed on Binance Alpha! As I mentioned before, Binance Alpha prioritizes meme-based on-chain meme with a market capitalization of over a million, either with strong community consensus or new projects related to the "Two Saints" concept. Most of these have already been listed, leaving only a few. #KuKuMa : This one rides on the coattails of a CCTV report; many of the coins listed on Binance this round are related to horses. The market maker is quite powerful, and the price has been rising sharply these past few days. The community is also good. However, the market capitalization is already 5 million. If you want to wait for Alpha before entering, it's best to wait until it pulls back to below 3 million. Another risk is potential copyright issues. #GrassrootsCulture : This is a concept promoted by Binance's director @nina_rong. Although it's not directly shill by the "Two Saints," it's still considered part of the Binance ecosystem. The name is very appealing to retail investors and easily resonates with them. Currently, the market capitalization is over 2 million, which falls right in the Alpha selection range. I already bought a small position yesterday. #Instant Success : I've held this project for over a month, and regardless of market fluctuations, its million-dollar market cap is a sure thing. It also uses the "horse" concept, and "Instant Success" is a common phrase used in the Year of the Horse, so community consensus is strong. Although it's an older project, a market cap of 2 million is perfect for an Alpha listing, and a surge during the Chinese New Year is possible. #Mountains and Fields, You Are My Joy Hidden in the Breeze : Today's hot new project. The name is a bit long, but that doesn't stop the big players from building consensus. Last night, it surged to a 5 million market cap. Now BSC even has a Chinese section, so a poetry section isn't out of the question, given the profoundness of Chinese culture. The only downside is the current high market cap; it would be safer to wait for a second pullback to 2-3 million. It's another new project, so it's best to wait a couple more days to see if the trend is stable. These four are the most suitable on-chain meme for the next wave of listings in my opinion.
The Meme season isn't over yet; the AI-concept Meme coin GAS has surged nearly 400%, with its market capitalization approaching 40 million at its peak.
The current surge in the SOL chain was driven by GAS, but unfortunately, the project's reputation has dragged it down, deterring many from participating. Recently, P-series players have flocked to BSC – it's quick, low-cost, and driven by sentiment; it's always been the perfect breeding ground for artificial market movements, and that hasn't changed. But after figuring it out these past couple of days, I realize that the current market is completely different from the one in October.
In October, consensus was reached, and there were buyers at the highs, allowing the coin to steadily rise and sustain the upward momentum. Now, buying at the highs is tantamount to giving away free coins; nobody wants to be the last one holding the bag. The market structure is distorted, with 50% of the tokens locked at the bottom. A small amount of capital can drive the price up, but once it rises, no one will buy, and it quickly crashes back to its original level. Investors are afraid to be the ones left holding the bag, so the price keeps going in a vicious cycle of pumping, dumping, and pumping again.
That's why I'm even more determined to return to SOL and wait for a big opportunity. While SOL's pace is slow, it never lacks high returns. The funds here are more selective, and the narrative threshold is higher, but once a target is selected, the returns aren't just a few times the initial investment, but a direct leap in value. While everyone is chasing hot topics, the real opportunities are already brewing in the less popular areas.
FATRCOIN: Of the altcoins I bought yesterday, this is the only one I still hold. Virtual hit a 5% gain last night, so I advised everyone to place stop-loss orders to break even, and unsurprisingly, they were triggered. FARTCOIN is currently showing a small floating loss, but the trend hasn't been disrupted, so I'll hold on and wait for the big players to push the price up!
GIGGLE : I established a position two days ago and added to it once. My current cost basis is around 64.5. Stop loss at 60, initial target is 88, with a target of 100! CZ mentioned it yesterday, but the price didn't fluctuate, which seems a bit unusual. But I'll continue holding and wait for the big players to push it up!
The market is constantly changing, and specific entry and exit points should be determined based on real-time conditions. Follow the trend after a breakout! No matter how confident you are, please strictly adhere to your stop-loss and take-profit strategies! That's all for today! Follow me so you don't get lost! QQ: 2178747366, QQ: 2499660658 ( Add me with a note, and I'll add you to our learning and discussion group).
