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Renata2024/10/25 10:08
By:Renata
-Bluntz(@Bluntz_Capital)
The SOL ecosystem has made a breakthrough, and $PYTH has formed an IHS form
Bluntz pointed out that the SOL ecosystem has finally gained buying support, and $PYTH formed a huge IHS (reversal) pattern breakthrough with trading volume at the daily close. He believes that related projects in the ecosystem are starting to heat up.
See the original text:
https://x.com/Bluntz_Capital/status/1849609755347779908
-Emperor(@EmperorBTC)
Bitcoin price update
1. The backtest of $65,000 has been successfully supported, and the price has moved upward. At present, I hope to see the price stay above the high point of last month to continue to rise.
2. Most traders are afraid to buy on dips, which is very common. Don't chase after the rise at $68,000. If the price falls back to the monthly opening price range of $63,000 to $64,000, I will enter the market in large numbers.
3. The H6 55EMA and high volume area near $66,000 must be maintained, otherwise I will clear my long position.
4. The H6 200EMA and the interval POC (control point) form a resonant support for a larger pullback, as mentioned in point 2 above.
5. At present, facing the upcoming resistance, we should operate cautiously.
See the original text:
https://x.com/EmperorBTC/status/1849459637609021852
-Andrew Crypto(@AndrewCryptoHQ)
$DSYNC Breakthrough Backtesting: Strong Performing AI Coins
Andrew Crypto pointed out that $DSYNC backtested the support/demand area after breaking through, and the current chart trend is healthy, indicating its potential as one of the strongest AI coins currently.
He expects that once the AI season starts again, $DSYNC is likely to quickly rebound to historical highs.
See the original text:
https://x.com/AndrewCryptoHQ/status/1849541894545785218
-0X Chang'an (@0xchangan)
$BANANA dynamic update and price decline analysis
0X Chang'an has updated and analyzed the recent price drop of $BANANA and the dynamics of BananaGunBot. He pointed out that on October 18th, $BANANA was launched on OKX. After mentioning the Chinese localization issue of BananaGunBot on October 21st, the team decided to optimize and expected to launch a new version next week. On October 23rd, the Solana chain's copy function was launched. In addition, on October 24th, the team designer developed a new component for the web application and planned to redesign the PnL card.
In terms of data performance, P1 shows that $BANANA continues to flow out of Binance, and daily dividend income has significantly increased since the follow-up function of Solana bot was launched.
Regarding the reason for the price drop, he explained that the market did not break through and counterfeit products generally fell back, which is not unique to $BANANA. Moreover, under the influence of Solana meme summer, multiple Solana bots appeared on the weekly profit list of defillama, and the market share of bananas was lower than other bots, and the recent trading volume did not significantly increase. In addition, $BANANA is at the previous high pressure level, and it is normal for profit-taking to sell at this position.
0X Chang'an suggests paying more attention to the core of the project, holding firmly after studying it clearly, and reducing attention to short-term price fluctuations.
See the original text:
https://x.com/0xchangan/status/1849488681389945034
- Daewoo (@BTCdayu)
SOL: The Fifth Big Opportunity
Daewoo pointed out that $SOL is the fifth big opportunity (the first four are runes, BOME, Pandora, and GOAT). Currently, the daily income of $SOL is as high as $8.70 million, even exceeding the monthly income of some top L2s. The activity of the Solana chain, coupled with its stable position as a Meme casino, and the huge benefits of subsequent ETFs, have made $SOL the focus of market attention.
He believes that the ETF of $SOL is only a matter of time. Considering its fundamentals and the possibility of ETF, holding $SOL is the preferred option in the current Beta market.
See the original text:
https://x.com/BTCdayu/status/1849652422874103969
Zhang Tiangcuang (@tangtanglovebtc)
Playing Meme for a Month
Zhang Tiangtiang shared his experience of playing Meme coins for a month. He pointed out that the loss of playing Meme coins is directly related to the investment, and the Meme gameplay can actually be divided into several different tracks.
1. The internal plate is similar to a lottery
This is currently the most intense track. Players search for new coins through the Pump page of Bullx or gmgn, and judge whether to bet based on on-chain and social information. The gameplay is similar to lottery, with high winning multiples but low probabilities. The domestic market is usually controlled by the dealer, who takes most of the profits.
2. Early similar contracts
Another way to play is to buy potential Memes in advance based on information such as smart money and golden dog signals. Early Memes rose and fell very quickly, similar to contract gameplay, where the increase may double rapidly, but it is also easy to suddenly fall. Many people miss out on long-term profits due to impatience.
3. Secondary market
This refers to Meme coins that have already been listed on major exchanges, such as Neiro, and their gameplay is similar to the traditional secondary market in the cryptocurrency circle.
In addition, issuing coins is also a way of playing, but the threshold is high, requiring funds to drive up the market, make markets, and promote.
He concluded that everyone needs to find their own track and not blindly imitate others. Zhang Tiangtiao believes that although he does not believe in luck, nor does he like high-intensity monitoring and unfair games, he still believes that Meme is an indispensable track in the cryptocurrency market, because most cryptocurrency projects essentially have the characteristics of Meme.
Zhang Tiangtiang plans to explore potential coins that have grown into the secondary market in the early stages, such as Neiro, Moodeng, and Goat. Seizing these opportunities could potentially achieve profits of more than ten times. His strategy includes familiarizing himself with the market, analyzing new concepts, identifying leading coins, seeking entry opportunities, and patiently holding them until they break into other demographics.
See the original text:
https://x.com/tangtanglovebtc/status/1849680998352683141
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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