📢 The door to the crypto market is opening! Grayscale submits the first Dogecoin (DOGE) ETF, bringing institutional funding to established memecoins; at the same time, some low-priced altcoins in the bear market are quietly accumulating energy... If you want to catch the next wave, you cannot miss this market trend!
💥 Whether you're a long-time coin fan or a new investor, this article provides you with a comprehensive 'opportunity list' for the entire market, from traditional memecoins to emerging hot products, and potential low coins, helping you see the pulse of the next wave of market trends.
Grayscale paves the way: Dogecoin ETF may ignite the next round of explosive growth
Grayscale has just made history by submitting the first ETF application based on memecoins—Dogecoin (DOGE) officially steps into the mainstream financial market. This means that as one of the oldest meme coins in the crypto world, DOGE may finally enter the sight of institutional investors.
Recent SEC approval deadline: before October
Approval probability: Bloomberg analysts predict 90%, Polymarket traders expect 68%
The technicals show that DOGE has seen a 7% short-term rebound and may form a double bottom pattern—this is a common bullish signal in technical analysis.
RSI index at 51, still has room for upward movement
MACD line breaks blue line, supporting the upward momentum of prices
If DOGE can break through the resistance level of $0.43 at the weekly closing price, momentum may push the price towards $1 or even higher within a few months. For the entire memecoin market, this is not only a price stimulus but could also trigger a new wave of attention.
Bear market low coins: Doubling potential is brewing
A sluggish market does not mean opportunities have disappeared; rather, it is the best time to position for high-potential coins at low levels.
🟢 Eni (ENA)
Although ENA dropped nearly 10% this week, it is still slightly above the 10-day and 100-day moving averages, showing a certain level of support. Over the past month, it has risen 27%, and over six months, it has increased 44%, with each dip being supported by buyers. If demand recovers, breaking through $0.92 could lead to a short-term surge towards $1.10; if it cannot hold above $0.57, it may drop to $0.39. The stable medium to long-term trend makes ENA still worth paying attention to in the bear market.
🟢 Bonk (BONK)
BONK has recently fallen over 10%, and in the past month has dropped 42%, but the six-month gain is still 32%. The short-term moving averages are tight, showing the market is in a wait-and-see state. If the closing price breaks through $0.00002736, the price may hit $0.00003089 or even $0.00003674; if it breaks the support level, there is a risk of decline. For short-term traders, this range oscillation provides high operational flexibility.
🟢 Yttrium Aluminum Garnet (RAY)
RAY dropped 14% this week, but the price is still fluctuating within the range of $2.99 to $4.12, slightly below the 10-day and 100-day moving averages, indicating the market is in a short-term consolidation state. It has dropped 5% in the past month and 25% over six months, indicating a generally weak trend. If the bulls push hard and break through $4.68, there could be a short-term sprint towards $5.80; if the support level of $2.43 fails, it may drop towards $1.31. Stable moving averages and neutral RSI indicate short-term oscillation, but caution is still needed in the medium to long term. RAY is a coin with potential under observation in the bear market.
🟢 Sei (SEI)
SEI's price fluctuates between $0.31 and $0.37, down 10% in the short term, but still up 4% over six months, indicating continued confidence among long-term holders. The price is slightly above the 100-day moving average of $0.31, with weak short-term momentum but close to oversold, suggesting a possible rebound. After breaking through $0.40, the short-term outlook is expected to reach $0.46; if it falls below $0.31, pay attention to the support area of $0.27 to $0.20. SEI has certain rebound opportunities in the oscillation in the bear market low range.
These low-potential coins have been quietly accumulating strength during the bear market, and once the trend is confirmed, doubling or even multiple returns are possible.💎
Emerging hot product: XYZVerse with 1000x potential
In addition to traditional memecoins, a new star has emerged in the market—XYZVerse ($XYZ), which is not only a token but also a community centered around sports and esports culture. Specifically designed for fans of soccer, basketball, MMA, and esports, $XYZ combines the spirit of sports with the viral spread of meme coins, having garnered over $15 million in investments during the presale phase.
Current price: $0.005
Target listing price during presale: $0.10
Funds raised: Over $15 million
Community voting bullish rate: 95%
Unlike most memecoins, $XYZ emphasizes long-term community value and roadmap development. The sports + meme viral spread model allows early investors to expect hundredfold returns upon listing!📈
Rebound opportunities for established memecoins: SHIB & PEPE
Even though Shiba Inu (SHIB) and Pepe (PEPE) have performed poorly recently, the technicals show there is still potential for a rebound:
SHIB: After breaking through $0.00001493, the short-term upside potential is 15%-40%
PEPE: After breaking through $0.0000135936, the short-term upside potential is 20%-40%
The community foundation and recognition of established memecoins are forces that cannot be ignored in the new round of memecoin craze.
Market outlook: Opportunities and risks coexist
From Grayscale's DOGE ETF to low-potential coins in a bear market, to the XYZVerse presale and the rebound of established memecoins, the crypto space is forming a pattern of multiple overlapping trends.
Institutional entry signal: DOGE ETF submission, making memecoins likely to see explosive growth
Bear market positioning opportunities: low-potential coins like ENA, BONK, RAY, SEI, etc., have huge potential for doubling in the short to medium term
Emerging concept rise: XYZVerse combines sports + community + viral spread, with hundredfold potential to look forward to
Established coins rebound dynamics: SHIB, PEPE, etc., after long accumulation, if they break through key resistance levels, short-term gains could reach 20%-40%
💡 Summary:
Whether you are positioning steadily or pursuing explosive opportunities, this market trend is a wealth window that cannot be missed. The market is volatile, but it is precisely these fluctuations that nurture hundredfold potential and doubling opportunities.
⚠️ Reminder: Investing carries risks, and the crypto space is no exception. Grasping trends, setting take-profit and stop-loss levels, and paying attention to the combination of technical aspects and market sentiment are essential for stable operations in the wind.
✍️ Remember to DYOR, manage risk well, and I wish everyone smooth sailing in the crypto space!🌊
Many people understand trends, but few follow the right rhythm.
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In the current market environment, short-term operations are indeed necessary. If you keep waiting for the spot market to recover, you may feel the agony of time. I've recently been fully engaged in secondary short-term operations and primary underperformers, and the gains have been good. Friends who want to follow can feel free to reach out!