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Personally, I think that the future of the cryptocurrency will be dominated by a few coins that are BTC and ETH, followed by SOL.đ°đ° On the other hand, none of the altcoins in the past few years have really made investors make money. Another problem is that the amount of funds in the cryptocurrency is actually small. Too many altcoins have emerged to divert investors' funds. In the end, these investors' money were fleeced by the altcoins and then those altocin were delisted. In fact, most of the funds have been diverted into the altcoins, so the money flowing into Bitcoin will be less, resulting in the price of Bitcoin not being able to incerese. Once the value of Bitcoin cannot be increased , there will be less money invested in the cryptocurrency. Therefore, a larger amount of funds of investers will be fleeced by those altcoins whose values have been increase a lot, making Bitcoin even more difficult to increase. The wealth-creating effect of the crypocurrency circle will disappear, and it will be difficult for new investors to enter the cryptocurrency market. Looking at the global financial market, there are no such a lot of investors fleeced by those altcoins as in today's crytocurrency circle,except for Bitcoin and Ethereum holders, almost all investors are losing money. The market needs to be improved, and investors' awareness will also raised. The future market of altcoins will become more and more belak. The performnace of those altcoins in this bull market is the best proof.đ°đ°#CPI_DATA #DOGSCommunity
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Are there any problems? If I don't show my profit chart from my signal group, I won't make money? Surpriseâź There is a friend who made a profit of 44000U from a initial investment 7000U in just 7 days. He could make this profit by following my signal to operate on his own. If I want to learn from those traders who boast themsevles can help you make money forever without suffering a loss, I could show the profit charts off in one day so that those people are stunned. Did I do so? No, I basically spend my time on typing and explaining how to trade. I only show my profit charts once for each market trend, so I don't waste time showing profits, and I won't post them one by one. I have so many followers in my signal group, so it is not necessary to spend much time to show those profit chart.#DOGSCommunity #CPI_DATA
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Analysis of the morning market on August 21 BTC fell below 60,000. I have publicly predicted it will form a a door-like shape movement within a day, then will rise with a V-shaped reversal pattern on the chart. At the same time, I also said that Ethereum will also decline in line with BTC, but the decline of Ethereum will be smaller. Although Ethereumâs movement is weak, it has increase and decrease with samll fluctuation. However, there will no longer be a situation where Bitcoin has a slight falls while Ethereum has a sharp decline. Ethereum's downward space is limited. The figure below for Bitcoin has showed its support level. The current position of thedoor-like shape pattern just hit the support level. We successfully grasp this market trend. On the Ethereum side:the first support level is between 2540 and 2470. The current lowest spike is at 2556, which is very close to the support level. There may be a short selling trap to liqudate the longs in the support area once more today. #CPII t#tonecoin
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After Bitcoin broke through 60,000, it could not stabilize here. Is the market heading for a weak declineâ Noâź The current market is more like a aggressive short selling trap before a wave of upward trendâź Everyone knows that both the U.S. stock market and the cryptocurrency circle experienced a shar[p fall after the Federal Reserve announced unemployment data last week. It can be said that this plunge shocked all traders. However, this unemployment data is not objective statistic. Therefore, after the decline of the U.S. stock market, more traders believe that the Fedâs interest rate cut from September to October will be positive news, so the U.S. stock market took the lead in starting a bounce.However, there are many institutions are still initiating the whipsaw to make the immaturity of traders and t many investors in Bitcoin to lose money, which caused a surge of the U.S. stock market that everyone saw last week, while the crypocurrency expeienced a constant delcine. In fact, it is not a negative news, but the entire US financial system generally believes that there will be a bull market from September to October, but the institutional control methods of the currency circle are stronger, and the trading ability of retail investors is weaker, so it takes longer for Bitcoin to wash the market. That is why the US stock market took the lead in launching a large-scale rebound due to the influence of the Federal Reserve data, but the currency circle is still falling. So I am personally more bullish on the subsequent trend.Then there may be a small bull market by the end of September at the latest. It is possible for ETH to break new highs, but if it does not do so, it is possible to form a one-way market trend , with a upward movement. Therefore, we suggest that everyone place long orders at 2556 since Ethereum has been stagnant and weak. At present, this buy order is still held, and we want to hold this buy order for a long time until the end of this week. Let's see if there is a chance to form a one-way upward trend to make a larger profit.#CPI_DATA
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ETH formed a reversal pattern within a trading day, creating a door-like shape on the chartâź BTC breaks through and then falls below the 60,000 , and is about to fall againâ Don't panic. This is actually a bullish trendâź On last weekend, Ethereum and Bitcoin both ushered in a relatively strong bounce, but the trading volume is too small to break through the key resisitance level, so Bitcoin fell below 60,000 in the morning on Monday, and Ethereum also fell , forming a door-like shape on the chart. This is actually a very standard market manipulation to whipsaw the bulls before a major upward trend. ETH fell to 2605 and bounced to 2640. If its movement is unfavorable for trading, it may retest the support band between 2480 and 2540 for the second time. If its market trend is favorable, it will continue to rise to 2700 after the door-like shape pattern. The current maximum floating profit of my buy orders is nearly 40,000u, but I still did not choose to close the position but continue to hold them. Other bloggers charge for orders and future entry points that are not as profitable and accurate. Follow me and give me a like, and you will get market analysis and prediction for free. Excellent teams can make huge profits and win the trust and hearts of followers. OUR TEAM HAS MADE HUGE PROFIT MORE THAN $30 MILLION. Our team will publish market analysis and predictions with accurate entry points and directions to fans for free every day. What I want to do is record my journey to becoming the best trader in the cryptocurrency circle. I hope you can join us.#CPI_DATA #tonecoin #Ppi
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