Sun Ge is organizing a Web3 beauty conference in Hong Kong. Is there a junior sister to bring along? The losses in coins are a complete mess, and I still have to rely on working to live 🌞. For playing memes, use x3.pro; once you use it, you'll feel like you've been missing out!
Wear green today and let's hope for a rise!!!! Up up up 📈
The recent drop of SOL has me feeling anxious, the cost of the assets I hold is high, selling now would definitely result in a loss. But after all, it is a mainstream public chain, if I hang in there, there might be a turnaround one day, just don't know how long I'll have to wait, so conflicted 🙉
In a sluggish market, panic selling often amplifies losses. Don't be swayed by short-term fluctuations; focus on long-term trends and fundamentals.
Ask yourself: what was your original intention for investing? If you have confidence in the long-term potential of a particular project or cryptocurrency, a downturn may be a test of patience.
I want to review the asset $Elvis, and also remind myself not to miss the opportunity next time. When the market is bad, many assets undergo particularly severe washing. This asset directly retraced by 95%, which is exaggerated, but not too outrageous. Its main upward wave was pulled up along the MA20, and the trend is quite regular.
There are a few points worth noting about this asset: 1. The downward process was too smooth, feeling like it was intentionally washing people; 2. There was unusual trading volume at the bottom, clearly someone was accumulating shares; 3. Buy orders in the front row have been hanging consistently without much interruption.
I was washed out this time, which is quite frustrating. Next time I encounter such an asset, I need to stay steady and not be easily shaken out.
1. Aggregating High-Quality Content and CA Open the website x3.pro, the homepage is the [Twitter Highlights] section, which aggregates all the Twitter content from the KOLs in the crypto community filtered by the platform, with four menus: Hot, Real-time, Follow, and Monitor. The "Real-time" menu is enabled by default, continuously pushing high-quality KOL's real-time Twitter posts.
On the right side of the "Real-time" tweets in [Twitter Highlights] is the "Real-time CA" module. "Real-time CA" is a stream of tweets containing CA information extracted from real-time posts for on-chain operational reference. You can click the "Only KOL" / "Only Celebrity" button to filter the publishers of posts containing CA.
I personally prefer today's low long strategy: if BTC dips near 86,000, consider taking a small long position, targeting 91,000, with a stop loss at 85,000; ETH and SOL can also be lightly positioned at their corresponding support levels. However, given the uncertainty of tomorrow's events, positions should not be too heavy, and the risk of forced liquidation should be strictly controlled. The market may experience 'pin bar' style fluctuations, so it's advisable to set appropriate take profit and stop loss levels to avoid being shaken out by sudden market movements.
I initially wanted to quietly make a profit. But thinking about the recent market conditions, I decided to share it with everyone. Do good deeds without asking about the future. First like it, then read the post, don't blame me if you miss it!
The bear market is coming, and there are more opportunities on-chain. But for those diving into the market, what good methods are there? What good strategies? Especially for newcomers, what good free tools and strategies are available!
Step 1: GMGN filter strategy + overseas meme OG list, synchronize together, scan the chain together for better results.
Step 2: Search through CA in the X3 platform, find narrative logic, write 2-3 reasons; additionally, verify if it is a domestic project. The simplest way is to copy the CA to Twitter, click 'Trending', check the top 20 tweets, see the ratio of Chinese and English, and whether there are major KOLs calling out (over 20,000 followers or major figures from the overseas meme OG list). If the Chinese ratio exceeds 50%, pass directly, do not engage, as it is likely a domestic trap; better to miss out than to buy incorrectly.
Step 3: Determining insider trading and conspiracy groups: 1. The market cap ratio and correlation of the top 20 addresses. Are they transferring to each other, or have there been transaction records between wallets?
2. If the top 20 hold 30% of the total, we generally avoid it. If the correlation wallets exceed 50%, we also stay away.
This can be defined as insider trading. Once profits are too large, it is easy for a collective sell-off. The specific software and methods, you need to figure out on your own. The top 10 gmgn has data, but the correlation needs to be processed through your own web scraping. Currently, it seems there are no free software options available. These are all monitored by our self-developed software.
Step 4: After buying, monitor the growth of address numbers: meme coins are essentially a Ponzi scheme + communication theory, with newcomers taking over from older investors. Only with enough new data can new highs be achieved. Here, 5 data points are crucial: first is the proportion of smart money. Second is the growth rate of smart money. Third is the number of new users for the meme project. Fourth is the net capital inflow data for the meme project. Fifth is the growth rate of the net capital inflow for the meme project.
Among them, smart money and net capital inflow data require software + hardware cooperation, high-speed data scraping + Python calculations. Currently, there is no reliable free public software for this; if anyone has it, please recommend.