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Today's Must-Read | Twitter Featured Views [October 30th]

Today's Must-Read | Twitter Featured Views [October 30th]

Renata2024/10/30 06:47
coin_news.by:Renata

Ⅰ.Bluntz: $SEI is worth paying attention to

A. Observation point: $SEI experienced a clear parabolic rise in the early part of this cycle, and has now retreated 84%. After 6 months of consolidation, it is now showing signs of rising.
B. Trading view: The long-term bottoming and trend recovery of $SEI shows its upward potential, which is suitable for finding entry opportunities after the confirmation of the upward trend. It is expected to usher in a sharp rise similar to the recent $SUI, which is worth paying close attention to.
 

Ⅱ.Unipcs: Don't miss the big trend of $BTC memecoins

1. Trading guidance:
$BTC may hit a new high before the US election, and BTC memecoins may have the best opportunity for 50-100 times growth during this cycle. The current total market value of $BTC memecoins is only about $2 billion, accounting for 0.14% of the total market value of BTC. In comparison, the market value of $ETH memecoins is 6.4%, and $SOL memecoins is 13.9%. The growth space of BTC memecoins is significantly greater than that of ETH and SOL memecoins.
2. Trend drivers
As the main chain, BTC has a large amount of liquidity, which is further exacerbated by ETF and institutional demand.
Multiple new chains have seen a surge in memecoin activity, making BTC memecoins more acceptable.
Infrastructure improvements (such as @MEonBTC) will simplify the process of buying BTC memecoins and promote adoption.
Major exchanges such as Binance and Coinbase may prepare to list BTC memecoins to further increase liquidity.
 

Ⅲ.Oar.bit: Analysis of trading strategies for MEME tokens

1. Trading perspective:
After backtesting 100 MEMEs, it was found that there are significant differences in the trading success rate and judgment basis of MEME tokens in different market value ranges.
Market value is less than $10M: Smart money has a low winning rate when buying, even becoming a reverse indicator, with a winning rate of only 30% within 24 hours. At this time, a large number of positive calls can increase the winning rate, but it is not common.
Market value of 10M-100M USD: Pay attention to the net sell lift DNU situation on dex. If there is an abnormal lift DNU, the winning rate of price decline can reach 70%. At this stage, it is necessary to obtain trading reminders in a timely manner to cope with market changes. The recharge on the exchange is mostly a reverse indicator, with a winning rate of only 34%.
Market value exceeds $100M: Most indicators tend to be average, but public opinion data and technical analysis are more valuable for reference.
2. Summary and recommendations:
For MEMEs less than $10M, do not buy based solely on smart money, tend to choose a more secure entry time.
In the range of $10M-100M, pay attention to the large appearance of net selling, indicating latent risk.
For MEMEs with a market value exceeding $100M, public opinion data is taken as the main consideration and attention is paid to the fundamentals.
 

Ⅳ.CM: OP Stack ecosystem accelerates development with high dominance rate

Trading viewpoint:
The OP Stack ecosystem is showing an accelerating growth trend, with multiple projects choosing to build "super chains" based on it, forming stronger interoperability and revenue streams. The following are the key points that investors need to pay attention to.
A. Cross-chain transaction interoperability: Improving the synchronization of cross-chain transactions through shared sorters is expected to attract more projects to join.
B. Revenue liquidity: Sorter revenue collected from the OP Stack chain will flow back to Optimism Collective, which has accumulated about 14,000 ETH as of September.
C. Future expansion potential: Giants represented by Unichain and WorldCoin have chosen to join OP Stack, indicating the potential of this ecosystem in becoming a blockchain "super chain".
 
Ⅴ.Alex Liu: Why I Bet on the Move Public Chain? The Core Is the Importance of DX
Trading viewpoint:
The future competition of General L1 lies in Developer Experience (DX), not User Experience (UX). I have long been optimistic about the Move public chain because in the future industry development trend dominated by applications, the Move ecosystem has advantages in DX. The following are the key points that support this investment judgment.
A. The importance of DX: Although Solana occupies an important position in high-performance public chains, its developer experience is slightly complex. In contrast, Move public chains (such as Sui and Aptos) provide a more friendly Development Environment, which helps attract developers to enter and develop more powerful applications.
B. DX Demonstration Effect of EVM Ecology : Ethereum (ETH) has built a huge developer ecosystem with its simple Solidity language and rich power builder, further supporting its market value. Move language is expected to replicate this model through optimized DX experience and enhance the value foundation of Move public chain.
C. Future Outlook : As the industry moves from infrastructure construction to the application layer, Move's superior DX will be the key to its differentiation. I believe this will drive large-scale adoption in the future.
Summary : Move public chain has the foundation to succeed in the application-dominated market, because DX can attract developers and support strong application development, thereby driving on-chain value growth. In the long run, this DX advantage will translate into higher valuation potential.
 

Ⅵ.Eric: How to Determine Currency Strength through EMA

Trading guidance:
Strong currency: Price higher than 4-hour EMA200.
Weak currency: price lower than 4-hour EMA200.
C. Volatile currency: 4-hour EMA moving average group entanglement.
Garbage currency: bearish arrangement of daily EMA moving average group.
Trading view : When choosing a currency, pay attention to its performance on different EMA moving averages, and prioritize strong currencies for layout.
Original link : https://x.com/CycleStudies
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