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Today's Must-Read | Twitter Featured Views

Today's Must-Read | Twitter Featured Views

Renata2024/10/24 06:22
By:Renata
Today's Must-Read | Twitter Featured Views image 0
-Bluntz(@Bluntz_Capital)
$Wif is ready: Trend recovery
Bluntz observed that $wif is currently performing well, with a clear ABC retracement pattern completed on the daily chart and a bearish divergence smoothly digested. He predicts that a new high is coming soon and expresses his confidence still firm.
 
-Zhao (@mrzhaoeth)
Sol's thoughts in this cycle
Zhao recently shared his thoughts on Solana and observed some trend changes in the prosperity of the blockchain. He pointed out:
1. The rise of Meme: After Murad "justified" the Meme track, more and more institutions and project parties flocked in, and Meme has become the largest Alpha track of this round, which has become a consensus.
2. Maturity of on-chain tools: GMGN, Telegram bot on PC, Moonshot and DEXX on mobile, as well as the maturity of infrastructure, have laid a solid foundation for the development of on-chain ecology and promoted the trend change from CEX exchange to on-chain ecology.
Zhao also specifically mentioned that Solana has performed outstandingly in the Meme wave, with Zoo Meme and AI Meme becoming popular on Sol. In the future, more segmented Memes will continue to explode on Solana. He believes that as the infrastructure of Meme, Solana's demand will continue to expand and become the biggest beta winner on the chain.
Price Performance: He pointed out that the recent price performance of Sol has been better than BTC, and Technical Fundamental has also verified his judgment, so he continues to increase his position in Sol. Looking forward to the second half of the bull market, he will make Sol the largest beta positioning besides BTC.
See the original text: https://x.com/mrzhaoeth
 
-Emperor(@EmperorBTC)
Bitcoin price update
  1. $66,000 backtest successful, price continues to rise. I hope the price remains above the high point of the previous month for further increase. My target of $69,000 has been achieved, and I will look for opportunities for a pullback to continue to go long.
  1. I once told everyone that most people would be afraid to buy at $59,000. If we see a pullback of $62-63,000 this week or next week, don't be afraid to buy.
  1. H6 55EMA and high trading volume area are located in the range of $66,000-500, which should be a good support area where bears will take profits.
  1. H6 200 EMA and range POC are the convergence points of larger pullbacks. If a pullback occurs, it will be a good opportunity to continue to rise.
 
-CRG(@MacroCRG)
GOAT reaches historic high, GNON approaches breakthrough
CRG shared its views on several popular tokens.
  • GOAT is hitting a new historical high.
  • GNON is following closely behind and appears to be about to break through.
  • ACT is still in the accumulation stage. As long as GOAT and GNON continue to be bullish, ACT will soon catch up. CRG also mentioned that AI contributors told him yesterday that developers will lock in a large part of the tokens, and it is expected that the price will rise sharply at that time.
 
-pepe boost (@ PepeBoost888)
SOL vs ETH: Differences and Fun in MEME Operations
Pepe Boost shared his thoughts on the operation of MEME coins on SOL and ETH. He pointed out that many people find MEME on SOL difficult to play, and the key issue is that Raydium used to belong to the primary market, but now projects represented by PUMP are the primary market, while Raydium has become a secondary market. Opportunities for sudden wealth often appear in the primary market, while the secondary market is a place for cashing out, so most people end up being the ones who are cashed out.
He also believes that MEME itself is not easy to play, whether it is on ETH or SOL. The FOMO sentiment of SOL is stronger, and retail investors make decisions through pure K-line rise and trading sentiment, while the price of SOL is relatively low, attracting more participants. In contrast, there are fewer but more refined BOTs on ETH, and users pay more attention to the manufacturing and dissemination power of MEME, and price management is relatively easy.
MEME on ETH is more like playing Texas Hold'em, which can be played through skills; while MEME on SOL is more like gambling on size, with simple rules and many participants. Just like in Macau, there are more tables for gambling on size, while there are few tables for Texas Hold'em.
He concluded that the core of MEME coin is its emotional value, "Buying a MEME because it makes me laugh", which is why many people play MEME. In the end, the MEME operations of SOL and ETH each have their own advantages and disadvantages, and enjoying the process is the key.
 
-0xWizard(@0xcryptowizard)
Future Collaboration of $goat and Other AI Meme Bots in $act
0xWizard discussed how multiple AI Meme Bots, including $goat, and researchers chat and collaborate on $act's Discord channel, predicting that they will no longer exist as individual bots in the future, but as a group that can communicate and collaborate with each other on Twitter.
Despite the current poor performance of the AI Meme track, he believes that the track is still steadily advancing. $act is the infrastructure for interaction between these AI bots and between them and humans.
AI Meme Core Project: He mentioned several projects that are truly strongly related, including $goat, $gnon, and $act. Although the developers of $act made mistakes that caused the upward trend to be broken, this may also be the reason for the low project price. The future development direction of the project is still optimistic.
Comparing the Cover project: He compared $act with the DeFi project Cover in the previous cycle. Cover was almost zero due to founder issues, but ultimately turned around with strong direction and support. Therefore, he is confident in the future of $act and believes that its concept is very good: to make AI collaborate with humans.
 
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