In the past two years, the "wealth-making myth" in the crypto has almost died out!
The stock market can go up as long as it is linked to the "crypto concept", but the blockchain is a mess - the project peaks as soon as it goes online, and the leeks are quickly cut before they grow up. In the past (21 years ago), I would rush into the market with my friends, fearing that I would miss out on the counterattack of losers; now, new coins on BN often fall by 95%, and speculating in coins has become a "begging ticket".
The coin issuing team operates on an assembly line and keeps up with marketing methods, just to cut liquidity quickly. They can’t even remember how many coins they have issued. As a result, the BTC is struggling to maintain its appearance, the second coin is trading sideways, and the copycat coins are falling without a bottom line - a typical example of "following the decline but not the rise". The Asian and European markets are only volatile, and the real market will have to wait for the US market, when institutions and big funds will make a difference.
For retail investors, don’t click randomly on Heyue: BTC/ETH/SOL is enough. If you want to be stable, just do BTC . Low leverage + strict position control, if the direction is wrong, there is still room to slowly unwind; the same is not necessarily true for copycats - often the order is overturned in an instant, "slow is fast", and not playing copycats can actually protect the principal.
Everyone should be patient and watch the boring market. It is helpful to read more market dynamics to grasp the next move.
Of course, the most explosive news today:
The most famous one is "Guotai Junan International won the Hong Kong virtual asset license". Don't underestimate this license, it can be regarded as a historic capital storm in the Hong Kong financial market.
In short, Guotai Junan International has been officially approved by the Hong Kong Securities and Futures Commission to upgrade its original securities license to a license that can provide virtual asset trading services. In the future, everyone can legally trade BTC, ETH, and stablecoins on its platform - this is not a hobby, but a real "chain reform".
From the perspective of Web3, this step is of great significance.
Let’s talk about the current market. To put it bluntly, cryptocurrency stocks are still the dominant force.
Although Circle finally pulled back last night, the entire market's attention and funds have long since flowed from the cryptocurrency market to the stock market. Coinbase (COIN) took off last night, rising 13% in one breath, because they announced that they are providing crypto integration services to 200 financial institutions around the world - this is no longer just an exchange, but building a bridge between the traditional and crypto worlds.
Not only COIN, there are many other "coin stocks" that have surged in this round. For example, Eyenovia, which reserves $HYPE, saw its share price surge 65% overnight;
Another example is Nano Labs, which has a public reserve $BNB, which rose directly from $10 to $30+ last night . Although it was somewhat dampened after the opening, it still rose by about 40% overall.
At present, there are more than 20 companies known to reserve BTC, 3 companies for ETH, 4 companies for SOL, 2 companies for HYPE, and even one company each for $TRX, $FET, and $BNB has been clearly exposed . If you look at the K-line of these "coin stocks", the volume and price performance are very exaggerated.
The real key is that these funds have not entered the crypto at all . They are indirectly betting on cryptocurrencies by "buying related concept stocks" or waiting for altcoin ETFs in the stock market , rather than going to CEX to buy your favorite altcoins. This can also explain why most Altcoin have no market in this bull market - because no one buys them!
If you look at the $SEI that has exploded in the past few days, it is actually related to Circle’s holdings. Circle also has $APT, $SUI, $ZRO, and $OP in its reserves, which are also worth paying special attention to.
As for the copycat direction, it is recommended to focus on several major tracks: #AI, #RWA, #Stablecoin, #DeFi, #ETF, #L1. The leaders in these directions still have opportunities . Applications that no one plays and public chains without real transactions will find it difficult to perform well in this round of market.
Okay, let’s continue to take a look at another batch of Xiaoyao coins on the chain that are soaring!
Let's look at #CA first - the current market value is less than 8 million, but the trading volume last night was 274 million, and its popularity is comparable to the popular copycats of first-tier platforms! At this rate, CA is likely to take off, and it is not a dream to double its market value by 5 times to 40 million. Those who haven't boarded the train yet may be the next batch of people to catch the flying knife... or the lucky ones who buy the dips.
#EGL1 is not to be outdone, and it directly topped the list in the USD1 trading competition: market value, trading volume, liquidity, and popularity are all full! What's more explosive is that it has also been targeted by the chairman of the Trump Foundation WLFI. This background is undeniable. Everyone has benefited from the previous two waves of pull-ups: one from 25 million to 110 million, and the other from 40 million to 80 million. Now it is gathering momentum to set a new high. Pay attention to it, and you won't suffer any loss.
Let’s talk about the dark horse in the gold circle - #SOLAMI.
Those who stayed up late last night made a lot of money. The price soared 20 times overnight. Solana officials are still playing memes to support it. The market sentiment is at full capacity! Some people bought more than 300,000 yuan and added more than 400,000 yuan. When I woke up, the ATH exceeded 10 million. It was a dream start.
Here’s another cool new scoop: #TECH .
Behind this project is a project launched by Keycat on the Base chain last year, which once reached a market value of nearly 200 million. Recently, someone in the community dug up the Solana address published by Keycat, and only then did they discover that new potential stocks were hidden in the Dev address on the chain. At first glance, it only doubled, and in a blink of an eye it soared to 8 times. This kind of profit of dozens of times can only be picked up by someone who watches the market late at night.
There is no shortage of opportunities in the crypto; it just depends on whether you can endure and keep up.
The article ends here! If you are confused in the crypto, you might as well consider joining me in planning and harvesting the dealer! You can join the community VX+Q group without any threshold to obtain market analysis, individual coin recommendations and good news... Communication +Q: 3806326575 or V: Mixm5688
