In the past 24 hours, the entire crypto market has once again experienced a 'liquidation day'—according to data, a total of 104,843 people were liquidated across the network, with a total amount reaching $423 million💥.#主流币轮动上涨
Among them, long positions were liquidated for $138 million and short positions for $285 million, indicating that short-term fluctuations remain intense.#BTC再创新高
For many friends in the crypto space, what they are most concerned about right now may be: 'Which altcoins are worth buying? Which coins can truly outperform the market?' Today, we will summarize the logic of selecting altcoins and analyze recent hot market coins, so you can feel more confident in your next purchase.😉#以太坊创历史新高倒计时
Altcoin selection guide: Avoid pitfalls while seizing opportunities.
To make money in the altcoin market, it’s not just about luck. Here are some practical standards; take note to avoid detours:
Prioritize old coins: Coins that have gone through a cycle of consolidation are more stable, while new coins have many stories but low win rates in the secondary market.
Choose coins with income: Protocols or services that have actual income can sustain teams without relying on dumping for cash. It’s better if income is linked to coin price (buybacks, dividends).
Reject air coins: Coins that only tell stories and have no real business have been abandoned by institutions.
Be cautious with meme coins: It’s best to avoid meme coins that did not emerge from the primary market (except those on Binance's TON chain).
Look at the chips for newly launched coins: Coins where VC holdings are more than 5 times that of retail investors should pause entry, at least wait for prices to fall into a reasonable range.
Verify personally: Don’t blindly follow calls, first experience the product, observe user numbers and business, compare FDV with previous valuations, and buy coins you understand.
📌 According to these principles, the cryptocurrencies worth paying attention to recently include:
$DOGE: This bull market still has the opportunity to surge towards the $1 mark.
$BERA: Performs steadily among new public chains, and public chains on major exchanges have more potential.
$ONDO: The target for the upward trend line is about $3.
$BEAMX: The trend line is about to break, and a big surge is expected after the breakout.
$FUN: After confirming the pullback, it is not far from the next wave of increases.
$HOUSE: The breakout and pullback have been completed, looking bullish afterward, but the extent of the increase is hard to predict.
Chainlink [LINK]: Recaptured $24, with whales leading the FOMO wave🌊
Not only altcoins but also some blue-chip chain assets are rebounding strongly. Chainlink (#LINK ) is a typical example:
LINK has reclaimed the $24 mark, with exchange supply decreasing by 9.8%.
The LINK/ETH ratio rebounded from a key support level, and this ratio is approaching a critical monthly support level that triggered an over 82% quarterly surge in LINK in the fourth quarter, far exceeding ETH's 28%.
It shows that market FOMO (fear of missing out) is driving sentiment high. Although it has broken through the upper resistance level, profit flow remains sluggish, leading to insufficient selling liquidity. Coupled with increased whale activity (713 on-chain transactions daily), it is clear that FOMO is a driving factor behind this trend.
In August, LINK achieved a weekly increase of 35.34%, far exceeding ETH's 21%. This month it has accumulated a rise of 42%, nearly double that of ETH.
Analysis shows that if LINK maintains this structure, it is likely to continue its upward momentum. Notably, holders are not rushing to sell, and whale trading is frequent, indicating that market confidence remains strong. Tightening liquidity, along with concentrated buying, drives prices upward—if you haven't been watching LINK, this wave of potential is not to be missed👀.
JasmyCoin [JASMY]: Can it maintain a weekly increase of 27%? 📈
Having discussed established altcoins and blue-chip chains, let's look at the representative of the memecoin sector#jasmy .
In the past week, JASMY has risen by 27%, and in the last few trading days, it has increased by another 12%, showing that short-term momentum is still strong.
Driving factors include:
Derivative capital inflow: Open interest increased by $6.47 million, up 14%, reflecting enhanced trader confidence.
The overall growth of the memecoin market: It has increased by 12% in the past seven days, indicating the sector's heat is still present.
But also be aware of risks:
The recent $2.3 million spot sell-off may test upward momentum, and there is pressure on excessively leveraged long positions.
If the sell-off continues, it may erode gains, but if net inflows recover, JASMY is still expected to surge again.
Overall, JASMY represents the typical memecoin logic of high volatility and high returns: capital and sentiment dominate the market, but short-term profit opportunities are evident💥.
Overall market sentiment and opportunities
In summary:
Bullish sentiment is high: BTC and ETH continue their upward trend, and the overall market confidence index is high.
Warning of liquidation risks: Short-term high-leverage positions are still frequently liquidating, and beginners should be cautious.
Selected coins have great potential: Following coin selection principles, paying attention to trend breakthroughs, whale behavior, and capital flow is key to capturing the next wave of increases.
Clear sector differentiation: Blue-chip chains (LINK), high-potential altcoins (BEAMX, HOUSE), and memecoins (JASMY) each have opportunities, and strategies need to be flexible.
💡 Investment summary: Short-term fluctuations are intense, but as long as you seize the trend, filter quality coins, and control positions, there is still a chance to outperform most people. Whether it's the long-standing popularity of DOGE, the FOMO wave for LINK, or the memecoin craze for JASMY, the key is to understand the market, analyze data, and follow the trend.
Friends in the crypto space, before buying coins next time, first check the trend line, capital flow, and market sentiment before deciding your entry point 📌. Seize the trend while preserving capital; this is the secret to long-term profit.
Many understand the trend, but few follow the right rhythm.
The crypto space changes rapidly, with opportunities and risks coexisting. Learning to strategically enter and exit the market, and protecting capital, is the key to steady progress and wealth accumulation.✍️
Remember to DYOR, manage risks well, and wish everyone smooth sailing in the crypto space! 🌊
Like 👍, share, follow me, and I’ll help you capture more market opportunities while we enjoy the ups and downs of the bull and bear markets together! Let's keep pushing!