Today's Must-Read | Twitter Featured Views [October 31st]

Transaction view : Puffer project has both potential and low market value, which is an excellent opportunity to start now. The key to my attention is its Rollup-Based L2 solution and LRT business. If the route is successful, its influence may be no less than the current Optimism. At the same time, the current circulation market value of Puffer is only 30 million US dollars, and the FDV is 300 million US dollars. With its narrative and practical support, the cost performance is very high.

For interested investors, it is recommended to act within their means, avoid leverage, set stop-loss levels appropriately, and leave the rest to the market.

Original link : https://x.com/kiki520_eth/status/1851805118376874319

 

Trading view : $PYTH is currently forming a perfect arc bottom and has experienced three months of accumulation. It is currently approaching the main resistance level, and once broken, the future trend will be very smooth. The beta project of the Solana ecosystem will also regain market attention.

Original link : https://x.com/Bluntz_Capital/status/1851838410224439639

 

Trading view : $INJ is gradually rising and breaking through key levels. It has flipped the first diagonal resistance but encountered the second resistance point. Once it breaks through here and forms a small upward flag, I expect a rapid expansion to the June high with a target of about 33 dollars.

Original link : https://x.com/AndrewCryptoHQ/status/1851686846306357287

 

Trading view : Although $SOL has recently seen a huge increase and $ETH has not yet made significant moves, according to market data, the market value of $ETH is currently 3.9 times that of $SOL, and the proportion of on-chain activity is significantly biased towards $SOL in this cycle. Various signs indicate that this trend will continue.

Although I am optimistic about $ETH and believe that its pessimism is excessive, looking ahead, $SOL is likely to continue to outperform $ETH, even if $ETH may temporarily perform stronger in the short term. When the market fully enters a frenzy phase in the future, the current growth rate of $SOL will be far less than its future performance, and the high cost of $ETH will make it almost unusable.

Even if $ETH has failed to reverse the market situation since obtaining ETF, it is not impossible for $ETH to reach $10k if BTC reaches the level of $200k in the future. However, even with the current large increase, $SOL is still relatively undervalued from a fundamental perspective. The market may undergo a significant readjustment to more accurately reflect its value.

Original link : https://x.com/theunipcs/status/1851755062382514272

 

Transaction Perspective : Sei is one of the fastest growing blockchains, with TVL currently reaching $165.45 million 📈. In the past month, @SeiNetwork has attracted about 808,000 new customer engagements to its EVM. This week has reached 175,000 unique users, completing over 1.60 million transactions.

Top SEI DeFi Protocol

a.@YeiFinance - $93.68m

b.@Silo_Stake - $65.37m

c.@dragonswap_dex - $25.29m

d.@jlyvrs - $18.27m

e.@StargateFinance - $10.67m

Suggested attention : Sei's active users and transaction volume show a strong growth trend, not to be missed.

Original link : https://x.com/Ryuzaki_SOL/status/1851623826896863675

 

Transaction perspective : The key to selecting potential targets on the chain lies in community firmness and upper limit potential , and projects with these two characteristics are more likely to stand out.

1. Community drillers : After experiencing multiple 80% drops after the hotspot, the community that remains active and firm has more potential because the future selling pressure is small.

2. High upper limit : The target needs to meet the pure meme characteristics or create a new track, with the potential to attract more buying orders, especially emerging AI tokens.

99% of on-chain projects are short-term hot plates, and the degree of popularity and novelty determines the final height, while most will return to zero. A few projects will precipitate strong communities and form new tracks. Even after experiencing multiple 80% deep declines, these targets still have active communities and full of faith, which can be given priority attention.

Original link : https://x.com/0xcryptowizard/status/1851845174642774411

 

Eugene Ng Ah Sio: Reflections on October Trading - 7/10