Crypto KOL Community & Market Trends

Will the next altcoin market see gains of five, ten, or even several tens of times?
Factors affecting: BTC, time, narrative, business, liquidity
Five times:
During the BTC Bull Market cycle,
The 5x increase in the new and old shanzhai is not a big issue,
Most of the time, this task can be completed.
Ten times:
Difficulty increases, requiring a strong narrative,
For example, AI and the inscription in the first half,
In addition, if the project party's chips are concentrated (either thoroughly washed, held for a long time, or the Market Cap of the new coin is not high),
The project's business belongs to the rising trend.
Several times:
BTC is guaranteed not to have a significant pullback,
In Sideways oscillation or rise state.
The narrative is enduring and hot enough,
Referring to the concept of Metaverse and Non-fungible Token, which has been ongoing for nearly half a year,
There must be a breaking effect.
The project has been constantly releasing Favourable Information,
The project's business belongs to the rising trend.
In general, the size of altcoin multiplier is influenced by BTC, the strength of market maker, the duration of altcoin market, and it is strongly associated with chips, narratives, and project business.
When all these conditions are met, I think the idea is to choose project layout according to this logic and play for high multiples, AltCoin.
#BTC

Losing money is nothing more than the following six points.
1. Short-term thinking is serious
In fact, we should focus on the long-term, with the main focus on the long-term and the short-term as supplementary.
2 、 chasing rise kill fall
The whole world is discussing this coin, following the trend to buy in. After buying, trapped, unwilling to Cut Loss at 10% or 20% loss, and holding for breakeven. When it continues to fall, experiencing losses of 50%, or even 60%, 70%, directly Cut Loss to the floor.
3. Insufficient understanding
Today, a certain V said that this coin is good. Tomorrow, XX has a small insider news saying that that coin will rise. Everyone follows and buys. It is impossible not to lose money with this kind of brainless investment approach.
4 , Inner too impetuous
Many people enter this market with the mentality of getting rich overnight, but they are not prepared for the possibility of losing everything. When they start to incur losses, they begin to find all sorts of excuses, blaming the project party for not managing the market capitalization, blaming the dealer for dumping, and blaming the celebrity for inaccurate predictions.
5 、 Do not study
Learning is an eternal and unchanging wealth. Only continuous learning can avoid being harvested.
6, not equipped with a sound investment philosophy
Only with a proper investment plan before investment, such as: How many coins to buy? When to buy? How to allocate positions separately? Is it stop-loss or Margin Replenishment when there is a loss after purchase? After profit, is it partial reduction of positions or continue to hold?
Only by summarizing a trap suitable for our own investment strategy can we cope with various situations, at least keeping our mindset undefeated and avoiding the influence of emotions to make wrong choices.
#BTC

If you are hit by more than 4 of the following 9, it means you are not suitable for Cryptocurrency Speculation, very accurate
1. Rumor-mongering type. This kind of person, once hearing something, can immediately act without going through the brain.
2. Full warehouse altcoin type. The biggest characteristic of these people is that they may only have tens of thousands of yuan, but they can actually own a dozen or even dozens of AltCoins. They want to own all kinds of coins, and when a coin rises, they all say 'I have it too'.
3. Uncontrolled. Every time I act, I know it's wrong, but I just can't control myself. When buying or selling, I always say that I wanted to buy or sell at the time, but I just couldn't control my hands.
4. Type that refuses to change its mistakes. A typical problem of always admitting mistakes but never correcting them. Despite the same mistakes being made repeatedly, they can never be corrected.
5. Gambler type. No fundamentals, no understanding of trading logic, no cognition, and likes high leverage, All in.
6. Install X-type. Some people, who are obviously losing a mess, just love to blow, and the market is not for him to operate, but to blow.
7. Type of getting too deep into the game. This type of person treats Fluctuation as a TV series. Every subtle change can make him lose control of his emotions, pump also loses control, decline also loses control, and consolidation also loses control. Opening for 4 hours is like enduring for 4 hours.
8. Only buy, not sell type. This kind of person, buys and is reluctant to sell, deceiving themselves that this is a Bull Market, not knowing stop loss, AltCoin can fall 80% and still fall by another 80%, just not stop loss, continue to hold on.
9. Long short term is not separated, Position is not managed. This kind of person feels bad when falls, feels bad when rises, feels bad when trapped after falling, feels bad when didn't buy after rising, says forget to increase the position when falling, regrets not selling after rising.
#BTC #GateioInto11

The treasure of making money in the crypto world:
1. Be patient, the most difficult part of investing is to be patient. 95% of the time in the crypto world is in a downtrend, and only 5% of the time is a pump. Being able to endure loneliness is the key to holding onto one's youth and making money lies in patiently holding high-quality coins.
2. Don't stare at the screen all day, it affects your mentality and leads to blind actions. Remember, the crypto world is not a place where you can get rich just by working hard. The more diligent you are, the faster you lose money.
3. Overcome the weaknesses of human nature, what others fear is my greed...
4. Manage Position well
5. Don't do short term, stick to medium to long term holding coins to outperform 90% of suckers.
6. Investing spare money and sleeping soundly without borrowing for cryptocurrency speculation
7. The most reliable way to make money in the crypto world is to buy high-quality coins at the bottom, hold them for the long term, and dump them in batches.
8. Value investment, the rose of time
Summary: good track, good target, good price, good mentality, Dividend reinvestment, accumulating wealth with compound interest, slowly becoming rich!
#BTC

Smart people know how to strategize in life:
1. How to judge whether a woman is suitable to be a wife?
Let me tell you a very reliable method:
Please treat this woman to a meal.
If she only picks expensive items and orders dishes that the two of you can't possibly finish, you can just say goodbye.
When a woman blocks or deletes someone, it's usually just a temper tantrum. The real departure is when it's done politely.
3. Don't talk about something until you achieve results or accomplish it. If you mention it before that, it will definitely fail. Remember, whether you believe it or not, this is reality.
4, it's very difficult for women to find boyfriends to get married after taking out a loan to buy a house.
5. Relatives should not visit too often, understand the principle of being more pleasing from afar and less pleasing up close.
6. A girl who never wears makeup when meeting you either doesn't know how to or you're not her type.
7. Coldness and silence can save 80% of trouble.
8. Not everyone who smiles at you is genuinely wishing you well, it could be insincere.
9. Don't make ungrounded comments on others' family affairs. Every family has its own problems.
10. When making or answering a phone call, the first thing you should say is 'Hello', followed by 'How may I help you?'. When ending the call, wait for the other person to hang up first.
11. If you are a leader, no one will say anything if you speak reasonably. If everyone is in the same position, and you still act like a teacher, you will offend people.
12. Don't do business with relatives or friends, it may end up in a falling out.
13. People allow a stranger's rise, but cannot tolerate the promotion of someone close to them. This is because there are conflicts and interests among people at the same level, while there are no such issues with strangers.
14. In the eyes of acquaintances, it is not allowed to have talented individuals, so it is even more important to keep a low profile in front of them.
15. Don't easily expose your fangs, just like many small companies that have done well but are often acquired by big companies. From the perspective of big companies, these small companies have the potential to become giants in certain industries and pose a threat to themselves.
16, even between the closest people, there should be a sense of boundaries. No offense, no probing, no interference, applicable to any relationship.
17, no matter how good your relationship is with someone, do not get involved in three things: marriage, buying a house, and divorce.
18, true political masters are often masters of balance. Behind peace is balance, the balance of factional interests.
19. When visiting distant relatives, if you can't return on the same day, make sure to book a room in advance and try not to disturb others.
20. Why don't others reason with you? Because they are much stronger than you, crushing you with their direct strength is enough, there is no need to reason.
21. Be more steady in your work, more cautious in your speech. Speaking without thinking is not being straightforward, but rather having low emotional intelligence.
In any industry or market, the early comers get to enjoy the meat, while the latecomers don't even get the soup to drink.
23, when you feel the other party is quite embarrassed, you should learn to give them a way out, or help them solve the problem. They will be very grateful to you.
24. Don't reason with people who are emotional. When angry or upset, it's best to take a break, wait until they calm down, and then communicate with them. This will yield better results.
25. If someone says they want to treat you to a meal, you need to distinguish whether they are sincerely inviting you or just being polite. If they tell you three days in advance, it's a sincere invitation. If they only mention it on the same day, it's just a polite gesture.
#BTC

The mindset that people in the currency circle should have
Planting and harvesting are never in the same season, learn to be content with latency.
It is always difficult at the beginning. The more ordinary investors who lack connections and resources, the longer the cycle of positive feedback they can see.
So don't give up or be impatient just because you can't make money in a short time.
Many times, if you persist a little longer, you can see the dawn of hope.
2. Set yourself a time frame, during which you only focus on cultivation without asking about the harvest.
Halving in 2017, selling chips in 2018,
Halving in 2020, selling chips in 2021,
Halving in 2024, the dump period should also be in 2025
It takes four years for a bull and bear market cycle. Even if you buy chips from the bottom of the Bear Market, it will take 2 years or even longer to see certain returns. Various black swans and accidents will occur during this period, so you should be mentally prepared.
3. The market has cycles, and surviving the low point is the highlight moment.
The market is composed of countless cycles of troughs and highlights. Recognizing this, you will know that the current trough is only temporary, and you can better face the ups and downs in the market.
The market will not always be in a downturn. When despair reaches a certain level, it is the time for a turnaround.
#BTC #ETH

crypto world happened early 🥇🥇🥇 on 2024-8-13
Analysis of the trends of BTC and ETH, wealth codes, long and short ambush points...
BTC 4-hour Candlestick trend:
resistance level: near 60589～62656
Support level: around 54645～56228～57743
ETH 4-hour Candlestick trend:
resistance level: around 2754-2834
Support level: near 2539-2622.
BTC 4-hour Candlestick period shrinks in volume pump (bull trap, double top will also pull back); KDJ indicator does not break 20 (resistant to decline), it is expected that there will be a period of oscillation in the box channel in the later stage, short-term operation mindset: Hang long order layout at the important support level Light Position marked above to enter the market (Spot mindset);
Investment is risky, please be cautious when entering the market. The above analysis is for reference only! You can also make some layout of AltCoins based on the linkage effect of BTC!
A year's plan starts with spring 🌹
The plan for the day is determined by the morning💰
follow "Becoming Wealthy Diary"🥇no longer lost in the coin circle
#BTC

With assets less than 100,000, the Russo-Ukrainian war and the Asia-Pacific battle route, the world situation is clear, all in jest. Global warming, refugee issues, talk about international winds and clouds, know well-known anecdotes. A plate of peanuts, a bottle of Er Guo Tou, talk about the grievances of the rivers and lakes, and experience the ups and downs of the world.
With assets less than , I spend all day thinking about making money. I'm a seasoned house slave, card slave, rice eater, worker, and an expert in internal circulation. I'm a 007 candidate.
With assets of 50-200 million, I want to see the world all day long. Today Maldives, tomorrow Xishuangbanna. The spokesperson for petty bourgeoisie, the most beautiful scenery in the circle of friends.
Assets ranging from 2 million to 10 million, experienced user in the school district housing market, professional player in education for children, and frequent attendee of high-end banquets and top luxury brands.
With assets of 10 million to 100 million, busy socializing all day long. Hanzi Bureau, Huashan Competition. Meizi Bureau, time management master, standard successful person.
Assets > 10 billion, thinking about immortality all day long.
#BTC

Ye Zhuang launched a surprise attack on the weekend, and the longs suffered heavy losses
BTCdealer has been playing really wild recently. After forcefully liquidating short orders with leverage of 10x and above last Friday, instead of choosing to dump immediately, they pretended to go sideways and made a breakthrough. Yesterday afternoon, they successfully attracted longs to get on board with a small rally to around 62000.
Then the dump began and it continued until it stabilized around 60000. You might have thought it had fallen to the bottom and caught the bottom, then went to sleep, but it was just falling into the trap of the market maker. At 3am, the market maker directly dumped it again, smashing it down to 58000. Our long position entered at yesterday's support level of 59300 was also successfully triggered for stop loss.
Returning to today's market analysis: According to the Candlestick chart, the 1-hour timeframe shows a downtrend, but there is a bottoming out phenomenon. The 4-hour timeframe is in a downtrend, and the 12-hour timeframe has just entered a downtrend. If it can reclaim the 60000 mark before 12 o'clock, it will break out of the downtrend. The daily chart is still in a pump trend. The resistance level for the day is 62000, and the support level is 56200.

Bull Market is about to fully open, seize the best opportunity to make money before the Spring Festival, and make a big profit
1. Any form of pullback is for a better pump, don't have any doubt about the Bull Market, the Bull Market is about to start,
2. Next, you will have fewer opportunities to grind the knife. BTC institutions have already confirmed their entry, and various funds will come in droves. Whether you believe it or not, this is a fact.
3. Altcoins will rise in cycles, but only about 30% of altcoins in this bull market will perform well. Many altcoins will go to zero or have no performance.
4. In this round of market, there are several thousand more coins than the previous one. If the fund is not sufficient for pump, or pump collectively, this round of altcoin will be difficult. Therefore, the best way is to buy BTC, and then when BTC is at a high sideways or when the total market value accounts for more than 60%, use the earned money to buy altcoins at zero cost. This is the smartest method and also the operating logic of institutions.
5. The rate of increase in BTC during each Bull Market is decreasing because the market capitalization is increasing. Now that institutions and Wall Street capital are entering the market, the difficulty of making money in the market is definitely increasing.
6. In 2016, the market capitalization of BTC accounted for as high as 88%, and in January 2021, during the peak of the BTC bull market, the market capitalization reached 73. It is estimated that it will be difficult to exceed 70 in this round, as there are more and more altcoins, and the severe diversion of funds will seriously affect the proportion of BTC in the bull market.
When BTC is sucking blood, the altcoins do not move, and may even fall
#BTC #GateioInto11

20 unexplainable metaphysics
1. Happiness cannot withstand showing off, good luck cannot withstand flaunting, remember to keep good things in your heart ☺️
2. When you are restless and at a loss, remember to call your mother or return to the place where you were born, and you will become peaceful 😎
3. Children's intuition, sometimes children will say surprising things, even beyond their age and experience 👶🏻
4. Sometimes it's impossible to accomplish certain things, such as the sudden breakdown of a car, a power outage at home, a flight delay, etc. Don't worry, these may all be gifts from heaven. With gains come losses, accept reality, relax and deal with it, and there may be unexpected surprises 🥳
5. When you see someone or enter a place feeling uncomfortable, trust your instincts and leave immediately 🌬️
6. When the situation is not favorable to you, try to keep quiet. Silence is auspicious, and staying calm is not bad 🫥
7. From the moment you show off, it's often the beginning of disaster 😳
8. If there is a place that is warm outside, but only there is shady, try not to stay 🌫️
9. When you are relaxed and carefree, the results will be even better 🌈
10, when you encounter anyone or anything, never complain. Complaining leads to silence, and it's hard for people living in resentment to do good things 💯
11. Before something starts, do not talk to people, as things are secret until they are done. Speaking prematurely can lead to failure. Many things turn out bad when spoken too soon. 🫢
12, stay away from negative energy, stay away from those who love to complain and grumble 🫨
13. No matter where you go, if you feel anxious and disturbed, it's best not to go. 🤜🏻
14. The ultimate ability of a person is to block out people and things that consume you 💪🏻
15. Always use right mindfulness and positive thinking. There is a kind of magnetic field in this world that cannot be explained. If you have right mindfulness, you will attract things with positive energy. If your thoughts are not good, you will not be able to attract good things 👌🏻
16. Setbacks are the best gift that God gives you, often containing opportunities 🎁.
17. Everything happens for a reason. Don't be so impatient. Haste makes waste. Take a break, calm down and think about it. This calamity will pass 🎏
18. Do not return goods in the morning, do not go to other people's houses at noon, do not visit patients in the afternoon, and do not borrow money at night. This is the rule 🎀
19. Don't be in a hurry to do anything. Once a person is stirred up by emotions, the end comes. Quick action or impatient attitude often cannot bring good results, but may lead to wrong decisions and unnecessary mistakes 🚫.
20. When encountering unfavorable luck, remember to stay calm and not act impulsively. There is a natural law in the development of things, and patiently waiting will bring good results ✅
#BTC

The highest realm of Cryptocurrency Speculation
1. No Loan Cryptocurrency Speculation
2. No overdraft, use spare money for Cryptocurrency Speculation
Three, do not do ultra-short-term
Four, I'd rather wait for the opportunity than Short Position
5. Do not overly rely on technical indicators
Six, don't speculate on garbage, cold, and shanzhai
Seven, no matter how good the currency is, I will not enter the market unless it Slumps by 50%.
8. Choose Short Position after the end of Bull Market.
Nine, choose a target, once in the market it's always a Heavy Position
Ten, a maximum of 100,000 funds in two currencies
Eleven, after entering the market, no longer cares about the daily trend of the overall market, any technical indicator, all irrelevant!
12. Low position lying in ambush, then wait for the profit target, at least double.
Thirteen, strictly stop loss take profit, never drag on.
This is the real master of Cryptocurrency Speculation, unlike some suckers who can't help but tinker with it every day. They can't sleep if they lose a bit, and they are greedy when they make a profit.
Does anyone have any additional points to add or other pain points to mention?
#BTC

follow the dynamics of these four currencies.
1.WIF
WIF shows a bullish signal, recently breaking out of the bullish head and shoulders pattern and forming a price action pattern on the 4-hour chart. In addition, it has successfully retested the breakout level, which further confirms the bullishness of WIF.
If the market sentiment remains stable, WIF may rise by 25% in the next few days, reaching a level of $2.2. As long as WIF stays above $1.65, this target will become more achievable.
2.pepe
During this period of turbulent times, as many as 16 Whales demonstrated a strong buying intention, conducting net buying operations and crazily absorbing 1,139,901,000,000 PEPE tokens worth approximately $7,995,082.73, taking the market by storm!
However, in stark contrast, 23 Whales mercilessly conducted net selling operations, dumping 1,388,988,000,000 PEPE tokens worth about $10,122,639.00, like a raging tsunami.
3.RENDER
During the turbulent period from August 5th to August 6th, the whales caused a huge wave in the RNDR transactions! They executed a total of 11 RNDR transactions, including 5 large-scale purchases and 6 decisive sales. The total amount of purchases reached an astonishing 208,382.20 RNDR, worth about $878,056.62; and the amount sold was as high as 285,987.72 RNDR, worth about $1,183,200.38.
During this period, 4 Whales showed strong buying interest, net buying 179,961.85 RNDR, worth approximately $756,133.23; at the same time, 5 Whales unhesitatingly conducted net selling operations, dumping 257,567.37 RNDR, worth approximately $1,061,276.99.
4.ENS
As the Cryptocurrency market volatility intensifies, the price of ENS has pumped by about 8% in the past day, with a volume of 146.775 million USD, an increase of +102.56%. Despite a 30% pullback in the past month, this AltCoin has accumulated an 88% pump this year.
If the current bullish sentiment persists, the price of ENS may rise to a maximum of $27.75 in the near future.
follow me, take you to understand more information about the crypto world.
#BTC

BTC continues to Sideways, altcoin shows signs of bottoming and starting
Yesterday, BTC fluctuated around 60600 for the whole day, with a fluctuation of $500. This sideways time is the favorite time for altcoins and retail investors, so many altcoins rose sharply yesterday, giving people a feeling of hitting the bottom and starting to rally. Hope that altcoins will rise quickly, flourish together, and only when retail investors are making money can there be a bull market atmosphere, which can bring new people and new capital into the market.
Today's market analysis: According to the Candlestick, the 1-hour and 4-hour timeframes are both showing a Sideways trend, while the 12-hour and daily candlestick timeframes are in a pump trend. The intraday resistance level is 63400, and the support level is 59400.

The triple test in the crypto world:
The first test: you have to be able to hold on after buying and falling.
Prerequisite:
(1) Buy low enough and have a thick enough safety cushion;
Only then will there be a chance to earn the 'Davis double-click' of valuation repair + technical repair.
(2) Position and rhythm control are stable enough;
Control your position and rhythm, and you can remain calm in the face of a decline.
Second test: you still have to hold after buying and pumping.
Premise:
(1) The core logic has obviously not been fully realized yet;
(2) The fundamentals are stable and improving, and there is no sign of deterioration;
（3）The coin price has not yet significantly exceeded Intrinsic Value.
Low-quality target in a low position, hold it for a long time to let profits run.
The third test: to continue pumping after buying, you must dare to sell.
Premise:
(1) The core logic has basically been fully realized;
(2) The fundamentals are difficult to sustain, and Market Maker funds are difficult to rise as fast as before.
(3) The price of the currency has already significantly exceeded its intrinsic value.
Continuously review, change the logic, deteriorate the fundamentals, overvalue the currency price, and sell in time.
Buy low and sell high, it sounds simple but it's not easy to do.
#BTC

The logic of ordinary retail investor making money from MEME
A regular retail investor refers to a retail investor without technological capabilities.
Feasible money-making logic:
1. When the market has sufficient funds, copy trading is a high success rate Address that is not well-known.
2. When the market is flush with funds, copy trading's famous high winning rate Address, wait for the price to fall below the copy trading Address buying price, and re-enter when the minute chart is at a low level.
3. When the market funds are extremely abundant, copy trading's famous high-winning-rate Address, the fastest stone-pressing hell and the appearance of the high position of the minute line.
4. When the market is flush with funds, monitor pumpfun links on social media, enter quickly, but exclude push notifications from bulldozer dumping and those with too few followers.
5. Sit and wait for good topics to emerge. When good topics like bome and slerf appear, invest heavily.
6. Good themes like hiring, dealer dump and bet on Rebound.
7. Catch the bottom is a strategy to bet on the core targets of the core themes in the past few days. For example, for big coins like DJt that have experienced a significant decline, there will be a rebound. You can engage in swing trading repeatedly. Once the position is broken, it is time to exit.
8. After a big MEME appears, look for the same name, earlier, case-sensitive, and Build a Position as soon as possible. Absorb capital overflow.
Please note that the major premise is the market's ample liquidity. It's simple to judge whether the funds are sufficient or not, just look at the frequency of transactions from the monitored Address. If there's good profit to be made, they will naturally act quickly.
#BTC

During the Bull Market pullback, remember to hold and keep holding!
Patience, patience, and more patience. Don't fuss.
1. A bull and bear market cycle basically occurs every four years.
2. Long-term holding is the most effective way to make big money.
It is best to buy in at the low point during the early stage of the Bull Market, or during the transition pullback phase between the first and second stages, at the time you hold .
3. Bullish coins that are currently undervalued will have a day of significant rise, it's just a matter of time.
4. Most people's biggest regret about their coins in the Bull Market is not holding on, rather than not buying in!
5. Don't think about making money in Spot every day. Making money in Spot often happens in an instant. Many coins may not rise for a long time in the early stage, but once they do, they will skyrocket several times.
So Bull Market is more about the result, not the process. The ups and downs during the process can definitely make people anxious. However, as long as we eventually achieve the desired result, it is a good operation! It is the right operation!
#BTC

A rule, every Bull Market cycle, there will always be a track that erupts particularly strongly.
You don't actually need to buy too many currencies, just seize 1-2 Alpha opportunities to achieve returns of more than a hundredfold.
In a nutshell, in this industry, it's not just a matter of staying long enough to achieve a little freedom. Essentially, it's still the logic that information is king.
In 2017, there was ICO, in 2019, there was Defi, in 2021, there was Gamefi, and this year, in the Bull Market, there is a particularly strong wave of inscription.
Here, there really was a wave, from k, Wan dollars, directly realized A8's fren.
A fren who just entered the field told me that Coin Hoarding now feels unable to achieve short-term sudden wealth, but I want to say that's because you don't know about the Alpha opportunities in specific sub-sectors.
Currently, the entire Web3 ecosystem is still in its early stages, and the cutting-edge technologies and innovative gameplay within it often drive investor enthusiasm.
For example, Defi represents the rise of decentralized trading, while Gamefi represents the birth of a new gaming model.
The great popularity of inscription represents a breakthrough in the decentralization of coinage rights. These are all opportunities based on the segmented tracks within the Web3 ecosystem.
#BTC

Why is Ethereum weak?
The main reasons, in my opinion, are threefold:
1, the competitor SOL is too strong, it's not the SOL chain itself that's bullish, but the dealer behind SOL is quite fierce. This round of SOL is mainly aimed at the people, mainly relying on the support of on-chain activities by the community, it's not really high-end or mainstream, but it attracts users by pumping.
2. In the last bull market on ETH, it relied on Decentralized Finance (DeFi), big pump, shorting, borrowing), and on-chain leverage. However, this theory was disrupted by regulatory measures, causing a survival crisis. While high leverage on-chain generates profits, it also brings about enormous bubbles and a survival crisis.
Most importantly, before ETH relied on continuous innovation, this round, besides switching to POS, there is no more innovation.
3. After the ETF is approved, there is potential dumping from Grayscale. If I were a market maker, I wouldn't pump at this stage.
In the long term, choosing ETH may not necessarily be worse. But in the short term, I won't position it before the ETF sells coins through grayscale, because I know it's difficult to pump in the short term. During the big dump period, the overall decline of Ethereum and SOL is actually similar, but before that, SOL had a higher rise, while Ethereum almost didn't rise.
During the decline, Ethereum's short-term rebound is weak, while SOL's rebound is relatively strong.
#BTC

2024 will be the year of explosive growth for MEME Token, with the three tokens with the largest increase being MEME Token, such as WIF, PEPE, Bome, and FLOKI.
Retail investors' crazy pursuit of MEME coins is actually a resistance to the continuous high market value of institutional issuance of altcoins.
This year, there have been some concept-driven Tokens with significant price fluctuations, which have brought high risks to investors.
For example, WLD, FET, RNDR, as well as modular TIA, INJ, etc., which are concepts related to AI. Tokens of this kind of theme are usually short-term speculative targets and investors should not hold them for a long time.
By analyzing the performance of the top 50 Tokens this year, besides the impact of a significant pullback in the overall market, underperforming Tokens often have some undeniable reasons, such as large-scale unlocking, inflation pressure, weak ecological development, and insufficient token utility.
These factors may lead to the long-term weakness of Token. Even the second-ranked Ethereum (ETH) has been 'sluggish' in price due to poor ecological performance and sustained inflationary pressure, let alone other projects.
The most regrettable thing in the encryption market so far is the failure to appear on a large scale in actual application scenarios. Even Decentralized Finance and Non-fungible Token, which were highly anticipated in the last bull market, have performed poorly in this cycle, especially the Non-fungible Token market, which is almost "reset".
The only scene that performs reasonably well is "payment and transfer", but this field is mainly dominated by stablecoins.
For a considerable period of time in the future, projects labeled with 'continuous unlocking, inflationary pressure, and poor ecology' should be cautiously participated in, especially those new coins with high market capitalization but continuous unlocking, regardless of how attractive their concepts are or how tempting their promotion is.
Before new ecological narratives appear in the market, funds are likely to continue to focus on SOL ecological projects, because market funds are limited and can only be concentrated in strong zones, and weak projects are not even worth a look.
#BTC #GateioInto11