The recent 'star' projects that have exploded are quite spectacular: Nyan Heroes, Blast Royale, The Mystery Society... Which one did you take over?
On-chain data shows that over 10,000 BTC flowed out of exchanges yesterday, and whenever there is selling pressure, the big players are absorbing. Large capital is optimistic about BTC's future to replace gold, thus companies, sovereign countries, and retail investors are trading BTC, but retail investors are frequently trading long and short, while central banks and institutions continue to buy. If BTC breaks through and stabilizes at 110,000 USD, altcoins are expected to rise. The current macro environment is not good, but large institutions and companies still have a positive outlook on BTC; if it surges, altcoins will rise; if it corrects, the increase in altcoins will retract. According to the liquidation map, the overall market is bullish, if BTC drops to 103,800 USD, it is expected to liquidate about 1.97 billion USD in long positions; if it rises to 107,800 USD, it is expected to liquidate about 1.25 billion USD in short positions.
In terms of operation, it is advised to remain calm, do not blindly chase high, mastering the rhythm is crucial. Patiently wait, opportunities will naturally come. As for the real market of altcoins, it usually erupts right after Bitcoin breaks through. Once Bitcoin breaks through its previous high, market confidence and funds will quickly flood in, pushing altcoins to rise accordingly.
The big players are quietly controlling the market, chain game projects are collectively collapsing! Altcoin bull market countdown, layout of 4 kinds of coins with a 100-fold increase!
PEOPLE
The PEOPLE project was launched in November 2021, coinciding with the end of the bull market, and the explosion power was limited. However, as a popular meme token project, it has high attention and great potential in a bull market. Recently, the meme sector has been hot, and PEOPLE has also doubled in increase. From the monthly chart, it is close to the high point of the last bull market, if it breaks through 0.03, the selling pressure will decrease. The possibility of a second explosion for PEOPLE is high, with an expected increase of at least 3 to 5 times.
MYRO
After taking a look, it also belongs to low market cap MEME, washed for almost 3 months after going on the BN contract, with a market cap of only 20-30 million left! This has stepped on 20,000 U, this kind of variety is especially easy to show a doubling trend in one line, can take a small position to gamble, very strong certainty!
FET
Currently, the daily oversold signal has been triggered again. The last time this signal appeared, it led to a relatively standard rebound, during which it respected EMA21 (support and resistance switch), EMA200 (trend bull-bear dividing line), and the overbought area, with a complete structure. Now it has re-entered the oversold state, and is close to the previous support zone, attention can begin. High odds positions: 0.70 and 0.67.
WIF
The hat dog short line may have already completed its retracement, with a very small amplitude, completely not giving a chance to short; the bottom is consistently showing explosive volume, indicating strong momentum; short-term entry opportunity, short-term head and shoulders bottom, can wait for the breakthrough of the yellow neck line to enter, if it goes in a similar range, it will create a new high. Entry price: 1.3, stop loss price: 1.0827, target price: 5.77, expected increase: 343%.
