Last week's events were so numerous that even meme coins couldn't keep up with these trends. Let's take a look at what's happening in the blockchain space: 1️⃣ Worldcoin is now renamed World Network: launched the new World Chain mainnet They renamed to World Network and immediately launched the Layer 2 mainnet—World Chain. Built on OP Stack, supported by giants like Optimism, Uniswap, and Dune. Interestingly: World Network accounts for 44% of all activities on the OP mainnet. This rebranding can be said to be quite strong. 2️⃣ Eclipse opens mainnet access and launches official cross-chain bridge
On October 22, the probability of Trump winning the U.S. presidential election on the prediction market Polymarket rose to 64.5%, while Harris's probability fell to 35.5%, a difference of nearly 30 percentage points. Who the next occupant of the White House will be will depend on the results from seven states, including Pennsylvania, Georgia, and North Carolina. Among them are 'non-swing' staunch supporters and true swing states that have fluctuated in the past three elections. Additionally, the prediction volume on the Polymarket platform regarding the U.S. presidential election has approached 2.2 billion dollars, with most funds betting on Trump's victory. As Trump's winning probability continues to rise, the market has begun to question whether the Federal Reserve will continue to cut interest rates significantly in the future. As investors consider the slowing pace of Fed rate cuts, bonds from Australia to Japan, as well as U.S. Treasuries, are all declining; this trend may disrupt bond positions globally.
According to the relevant page information, the transaction amount of the US election on the prediction market Polymarket exceeded 2.1 billion US dollars. Data shows that Trump's probability of winning the US presidential election is temporarily reported at 60.1%, and Harris's probability of winning the election is temporarily reported at 39.9%, with a gap of more than 20 percentage points. There is less than a month left until the end of the US election. Judging from the data, Trump's chances of winning are far ahead and his chances of being elected are very high. However, from a political perspective, it is not absolutely certain. Risks and accidents still exist until the dust settles. However, from the perspective of cryptocurrency, Trump's election is a big boon to the entire market. On August 27, Trump made a series of major favorable promises to cryptocurrency voters at the Bitcoin Conference, which may become a reality.
The bulls are weakening, where will this round of rebound go?
Bitcoin hit the 68,000 pressure level, but failed to stand firm. It fell for 6 consecutive days in four hours, and the short volume did not increase, showing a high-level consolidation state. It is certain that liquidity has risen, but it still needs to be driven by ETFs after the opening of the US stock market in the evening, so focus on the Bitcoin ETF in the evening
This week, Bitcoin ETFs have a total inflow of nearly US$1.4 billion, and yesterday they have inflows of US$457 million. Compared with before, the purchase volume of Bitcoin ETFs has increased by nearly 10 times, and the market liquidity has fully risen. Therefore, Bitcoin's performance this week is very eye-catching, so that Bitcoin began to suck blood from yesterday, and the Shanzhai funds flowed into Bitcoin, so the probability of hitting 70,000 this time has greatly increased!
Shanzhai Bitcoin continues to fluctuate at a high level, and the Shanzhai peak selling sentiment has become increasingly serious. The continuous sucking of blood has caused insufficient funds in the Shanzhai market, and it is unable to continue to drive the rise. As mentioned in the previous article, there will not be a scene of thousands of coins flying together. At present, the crypto market is moving towards formalization. Most retail investors' trust in crypto is limited to Bitcoin, not Shanzhai. This can be seen from the ETF purchase volume applied by Shanzhai leader ETH. Therefore, the inflow of off-market funds will only flow into Bitcoin. Only when Bitcoin generates profit-taking will funds flow into Shanzhai. In this round of Bitcoin pull-up, Shanzhai followed for 2 days, and the profit-taking has basically reached the top; so we should be cautious about Shanzhai at this stage, and never chase highs. Wait for the opportunity to fall back and enter the market in batches, and make reasonable layouts!
1) Market trend: BTC fluctuated, altcoins fell across the board, US stocks rose and fell, Nvidia hit a new high. US economic data is healthy. 2) Market hot spots: 1. Old coins such as DOGE and LTC rebounded. DOGE benefited from Musk's call for D.O.G.E (Department of Government Efficiency), and Trump, who was supported by Musk, had a higher chance of winning the election. 2. Ray of the sol ecosystem rose. Ray is a dex that benefits from the sol chain meme, with a market value of 1.2 billion US dollars and an annualized revenue of 600 million US dollars, ranking in the top ten among all applications. 3. On-chain native dogs remilia, daram, and sigma rose sharply. Remilia is a community similar to the milady cult that Murad called, daram is a meme of fair mint (similar to inscription) on the eth chain, and sigma is a meme of masculinity. The popular goat in the early stage seems to have peaked, and the market value of 300 million US dollars is still the ceiling for most native dogs that are not listed on the stock exchange.
Today I will give you a free community strategy: short near 2625, stop loss near 2645, take profit 2600-2570! Yesterday morning's short order + evening's long order, it tasted delicious!
The market is still bullish, and the stop loss of this short order is very close for this reason. It should be adjusted during the day. I hope everything goes well! Friends who have seen it by chance can pay attention to it. I will disclose my own trading strategy every day, completely free😘
The mood is rising, the second level heat is coming, return to the second level!!! I have said a point of view long before: from bearish to bullish, only a few big positive lines are needed to instantly pull back the market sentiment. The speed of sentiment change is so magical. This year we have experienced various market washouts. The current data shows that there is a reversal, but we still need to make a reasonable layout and not rush blindly. Yesterday, Bitcoin ETFs had a net inflow of 8,846, equivalent to $556 million, which was double the amount of last Friday. It was a clear short-selling shift. Grayscale's market crash was well known. It is worth noting that Grayscale's outflow turned into inflow, which fully reflects the retail investors' optimism about Bitcoin's future.
1) Market trend: BTC broke through the weekly line and rose by blood. The copycats plummeted, and the previous strong coins led the decline. US stocks fell, and Nvidia led the decline. 2) Market hot spots: 1. AI concept meme Turbo and GOAT rose, and GOAT hit a new high market value of 200 million US dollars. Many AI concept meme imitations appeared in the market. The greater significance is that American citizens can issue coins through AI to bypass regulatory supervision. 2. ENA rose, and the stablecoin business expanded from the ETH chain to the SOL chain. 3. Small coin key rose, and merged with singularity and Cognito to make AI L2. Similar to the previous FET three-coin integration, the risk is relatively large. 4. On-chain dog deep rose 3 times. Deep is the DeFi transaction aggregator of the Sui chain, and it is still under testing. 5. The previous strong coins Tao, Sui, Saga, SPX, etc. led the decline. There is a 1 billion US dollar Sui account that continues to ship, and it is likely to be Sui official.
Today's callback is more than 1,000 US dollars. Many people think that this time will be the same as the previous few times. Is it a false breakthrough? The data of short orders can also be seen. There are many "brothers" who are shorting again! The huge inflow of spot ETFs for two consecutive days, if it still cannot explain the increase in demand, then the buying and selling data of big whales and retail investors on the chain should make your long orders more confident! Today, I gave you a space order of 2630, and then the market reached the first stop profit position of 2590, which is quite accurate! Now the price has fallen further to around 2580, close to our second stop profit!
The short order can be perfectly closed! If you are more aggressive, you can directly open a small long position first! Boldly predict that the rebound is not over, and it will continue to rise later! Continue to pay attention and you can join the group for free communication!
Here is a method for spot currency selection trading, which can be used as a reference!
1. Add the currency that has risen within 11 days to the self-selection, but note that the currency that has fallen for more than three consecutive days should be excluded to avoid capital flight.
2. Open the K-line chart and only look at the currency with the monthly MACD golden cross.
3. Then look at the daily line and only look at the 60-day moving average. As long as the currency price is pulled back to the vicinity of the 60-day moving average and a large-volume K-line appears, enter the market with a heavy position
4. After entering the market, use the 60-day moving average as the standard, hold positions online, and exit offline.
The specific details are as follows: When the increase exceeds 30%, sell one-third When the increase exceeds 50%, sell another one-third If the currency price falls below the 60-day moving average the next day after buying, you must decisively sell all.
Although the probability of the currency price falling below the 60-day line is not high using this method of selecting currencies with the combination of the monthly line and the daily line, risk awareness must always be maintained, and protecting the principal is the kingly way. If you sell, don't worry, wait until the next time you meet the buying point before entering the market.
In the end, the difficulty is not the method, but the execution. A good trading system is the core of stable profit. It can help you mark key positions and find opportunities to make money.
I came to the studio late today, and I sent a short order suggestion on the community! It is still valid now, you can refer to it! Pay attention to whether there is a reversal signal near the second stop profit position, and enter the market to take more! I will also follow up and send it to the square at any time!
The daily level of Bitcoin has been suppressed for 7 months, and the adjustment is basically in place! The current market is that if it can't fall, it can only rise. And October has always been a rising month. This consensus is enough. There are still two weeks. Continue to maintain the suggestion of buying on dips, and don't get off the bus! Especially some high-quality cottages, put this here, and friends who see it by fate can take screenshots and save! "This bull market will definitely rise beyond imagination" Holding spot will make your assets multiply by more than ten or even dozens of times! Pay attention to the support of 64,000 today. As long as it is not broken, the risk of callback is extremely small. If it can be maintained until 8 o'clock tomorrow morning, then there is a high probability that 66,000 will start! What if it falls below 64,000? Then look at the support of 63,500. It is still bullish if it is not broken! If it is broken, you have to be careful of callbacks, and high-multiple contracts must be especially careful! It is also possible to come to 62,000 again!
The recent K-line shows a clear upward trend, especially during the period from October 11 to 14, when the price rose from 0.6782 to 0.7326.
In the 4-hour cycle, multiple positive lines were formed, indicating strong buying power.
2. Technical indicators:
MACD: In the 4-hour cycle, both DIF and DEA are positive and gradually expand, and the MACD histogram shows a bullish arrangement, showing that the market is in an upward trend.
RSI: The current RSI value is 61.2613, close to the overbought area, but has not yet entered the extreme area, indicating that there is still some room for growth.
EMA: The short-term EMA (7) is higher than the medium- and long-term EMA (30,120), and the price continues to run above the EMA, supporting the bullish trend.
3. Trading volume:
The trading volume has increased in recent days, especially on October 13 and 14, showing that market participation has increased and capital inflows are obvious.
The increase in volume is accompanied by an increase in price, confirming the current upward trend.
Can't the profitable orders be posted? They have been removed again! Okay, let me just say the text below:
Last night I reminded everyone that long orders can continue to be held! Congratulations to those who saw it! The volume rose in the morning, and the 4-hour level also broke through the neckline. Pay attention to the pressure of Bitcoin 64,500. If it stands firm, you can chase long! If it goes down, look at around 63,500. You can still hold long orders if it does not break!
I got up late in the morning, so please take note of this: From tonight to tomorrow morning, if it breaks through 64,500, there will be a bigger increase. If it fails to break through, it will continue to fluctuate. Pay attention to the support of 62,500. If it goes down, it will look at 61,000. If it falls below 60,000, it will look at around 57,200. If it breaks again, it will directly see 52,000! So 62,500 is quite critical, and the minimum 62,000 must be maintained! Long orders can continue to be held at present!
Yesterday's market almost perfectly matched, Ethereum 2430 long orders, successfully reached 2470, 2490 in the evening, almost perfect profit!
Focus on 63500 today. If it breaks through and stands firm, it will definitely be 64500 or even 65000 tomorrow. If it can stand before 12 o'clock in the evening, the chance is great! If it has been sideways or obviously fluctuating downward during the day, then just pay attention to whether 62000 can be maintained! It seems to be fine at present! It is still an upward trend now, so don't worry too much about short-term callbacks. You can copy some long contracts near 62000, 20 times, and stop loss can be placed a little lower than 61700. The stop loss point is very small, and the profit and loss ratio is appropriate. Bet on Monday to continue to rebound!
Today I will share my holdings with you, please refer to the screenshots! Pay special attention to the first sundog in the short term, today's increase ranks first among the 9 coins I hold! ! I remember I just posted a message two days ago! You can continue to hold this coin! There will be surprises! !
If the daily line holds at 63,000, that is 8 o'clock tomorrow morning! You can continue to hold long orders and see if 64,000 continues to break through. If it doesn't go up, it's still in time to leave! If it falls, focus on whether 61,200 holds up. If it holds up, it will fluctuate and the price will go up! If it doesn't hold up, be careful, and leave the long orders and wait and see! Everyone must pay attention to the extreme point of 60,000, and it cannot fall below it again. If it breaks down again, just go short. 57,000 should not escape, and it is even possible near 52,500! The script is given to you, and it's free😘
Yesterday I told everyone clearly that I was long and posted all the orders. Is there anything else that is not clear enough? I have also repeated it at least twice in the community, do not short for the time being, wait until the rebound reaches the pressure before considering it! This morning I made a short order at BTC62869.9, considering the strong pressure level of 63000, but if it does not fall below 62300, the rebound has not ended, so this short is a short short, and there may be changes within the day! Pay attention to the updates of the square!
Let's talk about SUNDOG today! You may think of Justin Sun, and the related information is all about how he cuts leeks. Almost all the leeks in the projects he participated in were hurt! But I am still optimistic about this coin and ready to buy it for the following reasons: 1. This coin is the MEME led by Sun Ge, and it is also the MEME leader on the TRON chain; TRX is the project he led, you can take a look at this coin! When did he cut leeks? Although it has not risen to the top, it has been rising steadily! The conclusion is: sun is just a participating project, let's not touch it, and we can try the leading one. 2. SUNdog is completely unlocked, there is no selling pressure, and now the market value is compared with other MEME leaders, and there is more room for growth. 3. Many people should not know his relationship with CZ, not to mention the dozens of projects they cooperated privately! The two are both teachers and friends, and they are like brothers; understand? Let me tell you clearly, sundog will go to Binance sooner or later! Do you still think it is not good? 4. The XX Foundation established by sundog, this coin will be used for voting + project incubation, spoilers, don't cherish it! 5. Check the Fibonacci daily level, 0.618 is right! Anyone who knows a little bit about technology should understand it; but remember to buy spot goods! 6. I strongly recommended SUI before, saying that their project party would make trouble, so just hold it, but a lot of people scolded me! Now I will recommend this Sundog again, and see how many people are destined to click it! Congratulations!