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Littleoldbro
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THIS IS VERY VERY TRUE!!!!!!!! Many people believe that making money requires frequent trading, but in reality, the true secret to substantial profits lies in patience. Once a position is opened and shows a profit, it is crucial to hold it patiently. While frequent trading can provide instant gratification, patience often contradicts human nature. In the market, 80% of the movements are tempting and difficult to resist. Although they may feel rewarding, these actions typically do not lead to significant gains. $ETH $BTC {future}(BTCUSDT) {future}(ETHUSDT) #ETHETFsApproved #BinanceTournament #BinanceSquareFamily #Write2Earn! #BTC

THIS IS VERY VERY TRUE!!!!!!!!

Many people believe that making money requires frequent trading, but in reality, the true secret to substantial profits lies in patience. Once a position is opened and shows a profit, it is crucial to hold it patiently. While frequent trading can provide instant gratification, patience often contradicts human nature. In the market, 80% of the movements are tempting and difficult to resist. Although they may feel rewarding, these actions typically do not lead to significant gains. $ETH $BTC

#ETHETFsApproved #BinanceTournament #BinanceSquareFamily #Write2Earn! #BTC

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Bitcoin Drops Below $65,000, Signal of Buying??? At 8:30 PM last night, the US released the May retail data, often referred to as the "scary data." The good news is that there was almost no growth, indicating that consumers are currently facing greater financial pressure and suggesting economic downturn expectations. This means inflation control efforts have had some effect, increasing the likelihood of a rate cut. However, Federal Reserve officials, known for their "expectation management," stated that while progress has been made in fighting inflation, future rate cuts must be based on economic data, requiring more patience. This led to Bitcoin's rather uneventful performance last night, hovering around $65,000. Bitcoin's performance has been weak throughout the week. The main reasons for the recent lack of upward momentum are: 1. ETF Fund Inflows Slowing: Although Bitcoin ETFs have seen net inflows overall, the inflow rate has slowed significantly in recent weeks. Besides GBTC, funds like FBTC and ARKB have also occasionally seen outflows. 2. Lack of New Narratives: The market is missing new positive narratives. Apart from Ethereum’s ETF expectations, there are no new stories driving interest. What Should You Do Next? 1. Exercise Caution: PMI data will be released on Friday, and upcoming unemployment and CPI data on July 11 should be closely watched. It's important to be cautious. 2. Remain Long-Term Bullish: The market won't continuously decline. I maintain my view that the bull market will last from this year into mid-next year. Don't sell Bitcoin and Ethereum at a loss. For quality altcoins, use dollar-cost averaging to lower costs. Finally, keep a positive mindset and enhance your earning potential outside the market. Thank you for your support. Original content is not easy to produce, so please like and follow for more updates. #BinanceTournament #bitcoin #BTC #Write2Earn! #BinanceSquareFamily $BTC $ETH
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JUST A QUICK UPDATE! According to CME's "Fed Watch," the probability of the Federal Reserve keeping interest rates unchanged in August is 89.7%, while the probability of a 25 basis point rate cut is 10.3%. The likelihood of the Fed maintaining steady rates into September stands at 32.3%, with a cumulative probability of a 25 basis point rate cut at 61.1% and a cumulative probability of a 50 basis point rate cut at 6.6%. #BinanceTournament #BinanceSquareFamily #Write2Earn! #BTC #bitcoin
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GOOD or BAD NEWS FOR BTC?!?!$BTC Federal Reserve's Harker stated that based on his current forecast, he believes it is appropriate to cut interest rates once this year, emphasizing the signal that rates may remain high. "If everything goes as expected, I think it would be appropriate to cut rates once before the end of the year," Harker said. "In fact, I think it's likely that there will be either one rate cut, two rate cuts, or none at all this year, depending on the direction of the data. Therefore, we will continue to be data-dependent." The Philadelphia Fed President currently expects economic growth to slow but remain above the trendline, with a moderate rise in the unemployment rate. He also believes that returning to the Fed's inflation target will be a "long process."
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$ETH BUY THE DIP!! These past few days, the market experienced a slight dip, and a group of people began predicting a downturn, claiming ETH would drop below $3000. This scared many investors into selling off their holdings. I advised them not to panic. After all, the Ethereum spot ETF approval is imminent, and it's only a matter of time before it goes live. Now is not the time to exit the market. Smart investors take advantage of each dip to accumulate cheaper assets. Today's news confirmed my prediction: Ethereum whales have bought over 700,000 ETH in the past three weeks. On June 16, according to on-chain analyst Ali Charts, Ethereum whales purchased more than 700,000 ETH in the past three weeks, amounting to approximately $2.45 billion. #ETHETFsApproved #BinanceSquareFamily #Write2Earn! #ETH🔥🔥🔥🔥
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WHAT TO EXPECT NEXT?!?!$BTC $ETH Yesterday's full rebound in the cryptocurrency market saw its bullish sentiment quickly extinguished by the sharp plunge of Bitcoin and Ethereum last night. The market is at a critical turning point, where any news can cause temporary impacts. Federal Reserve Governor Bowman made hawkish remarks, stating there is no reason to cut interest rates this year unless unexpected shocks occur. He hopes to see several months of improved inflation data before being ready to cut rates, which may not happen until after "several meetings." If unexpected shocks occur, then a rate cut might be possible. This news caused Bitcoin to drop from around $63,000 to near $60,000, and Ethereum to fall from $3,050 to around $2,877. Currently, in terms of market conditions, Bitcoin and Ethereum have significantly dropped on the daily chart, creating a large gap with the 5-day moving average (MA5). It is expected that there will be a short-term technical rebound adjustment today. The 12-hour KDJ and MACD trends are similar to the daily chart, but the BOLL lower band opening is not wide, and there is also a significant gap between the main chart prices and MA5. Therefore, it is expected that there will be a slight rebound adjustment in the short term today. #buythedip #BTC🔥🔥🔥🔥🔥 #BTC_MARKET_UPDATE #BullorBear #write2earn🌐💹
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