Bitcoin is not created out of thin air, but is mined by so-called "miners" who use computers, consume electricity and time to "mine".
“Mining” is an analogy made by Satoshi Nakamoto, the inventor of Bitcoin, to mining a gold mine. In fact, miners use computers to search for a specific pattern of lucky numbers in a huge space of positive integers. How big is this space of positive integers? It contains so many numbers that almost every atom in the universe can be assigned a number (the number of atoms in the universe is estimated to be about 10 to the 80th power, and the Bitcoin mining search space is about 10 to the 77th power).
The difficulty coefficient of mining is automatically adjusted regularly according to a specific algorithm. This allows miners around the world to work together and can only find one lucky number that meets the conditions on average about every 10 minutes. The miner who is the first to find the lucky number can reward himself with the newly mined Bitcoin and declare victory to everyone else - by creating a new Bitcoin "ledger", called "Block" (block), and record in this new ledger "Reward XXX (the miner himself) as many Bitcoins as possible, over", and then tell everyone about this new ledger.
After others receive this new ledger, they will not blindly believe it, but will carefully check whether the difficulty coefficient is correct, whether the lucky number is correct, whether the number of Bitcoins rewarded does not meet the regulations, etc. If there is any sign of cheating, the new ledger will not be recognized by everyone, and the miner's work will be in vain. Only when the calculation is flawless will the new ledger be accepted by everyone and placed on a pile of old ledgers. Then everyone will start to calculate the next ledger based on the new ledger (looking for the next one). lucky number).
It can be seen that this lucky number and related parameters "prove" the validity of the new ledger. This "proof" was not easy to come by, and it took a lot of energy and time to "work" to calculate it. Therefore, it is called "Proof-of-Work" (PoW). $BTC $ETH $BNB #BTC #币安合约锦标赛 #etf

The recent market seems to have no clear unilateral direction and continues to fluctuate within a wide range. Then some friends asked, has the bull left? Is it going to be empty? Is the whole situation about to change? Is it about to start plummeting? No, although it started to pull back after hitting Zhibu 44800, the strength of the pullback was not that ideal. It always ran above 40000, and there was no breakthrough for a long time. The overall trend is still there, the bull is still there, this time The pullback can be seen as giving bulls more room to accumulate energy to continue to break through. Bai Zhong predicts the market outlook and sets the target at 46000-48000. There is no need to panic for long orders.

Judging from the 4-hour structure chart, the Bollinger Bands are operating in a slightly open state, and the K-line is running in the middle and lower rail ranges, with a brief callback. However, judging from the strength of the callback, the short kinetic energy increase does not seem to be optimistic, and the increase speed is too slow. , there are also multiple pin insertions below, and the 40,000 mark has become a resistance and support level. The wide-body shock in the short term is nothing more than the dealer washing the market. The market outlook is still based on the main bullish thinking. Today’s operation is recommended to go long on callbacks.

Operation suggestions

The market pulls back to the 40900-40700 range to go long, and the target is 42000-42500#币安合约锦标赛 #BTC #etf #ORDI

The stock market fell by thousands of points in the morning, and many friends were killed in their sleep.
There are still many friends who have difficult problems that have not been dealt with.
At this time, don't think about finding many methods.
Now, in the final analysis, you still need to adjust according to your own situation.
Here are two preparations,
highs above 43,000, longs, lows below 40,000,
and Ethereum and various cottage solutions!
It cannot be guaranteed that it will be solved 100%,
but we will do our best to reduce your losses!
Friends in need should not be shy, take the initiative! #币安合约锦标赛 #BTC #ORDI #etf $BTC $ETH $BNB

It's a pity that I have to take time off from the 14th to talk about 2170
As a result, all empty orders were issued at 2200 in the morning.
Ether is short from 2290 to 2320 to fill the short position all the way down.
After reducing the position at 2240, I will look at 2200 and then look at 2170.
Finally, everyone took profit and left the market at 2200.
It’s a new week and I don’t want to keep last week’s orders for too long.
After the injection on Monday last week, the overall situation fell all the way down.
Monday this week also started a downward trend
Week K closed the big negative line and the double top 2407 became a false shot
In terms of operation, high altitude is the main focus and low long is the supplement.
2170 The place is expected to be shaken until the evening.
If you are a long-term rebounder, don’t rush to enter the market first.
#币安合约锦标赛 #BTC $ETH

Main Image text: #BTC #币安合约锦标赛
Available after nine o'clock

#BTC #币安合约锦标赛
I have always been very optimistic about SSV even though the founder went to war!

But the potential of SSV is still immeasurable. It is a completely decentralized Ethereum staking network.

And the current circulating market value is only 239 million, which is not his upper limit!
Although the popularity is slowly fading now, I think this is a good thing! Everyone may have forgotten how he rose slowly from the bottom sideways.

After all, buy it when no one cares about it, and sell it when it is popular!
When retail investors become more panicked and bearish, the more large investors want chips! $SSV

Aidoge finally took off. Gua Ge took this order for several days. At that time, he was charged more than 3,000 dollars. Then Gua Ge publicly bid on the code. The bid was near 154. The current price is 191. I guess many people have stopped taking profits.

Only Gua Ge is still firmly holding it. In fact, whether it is spot or contract, as long as you make the right judgment and take advantage of the increase, the profit will be very objective! #币安合约锦标赛

Yesterday's prediction was indeed correct. The dealer will plunge and clean up the market on Christmas Day to collect fuel. I wonder if you have seen the trend. If you don't understand the trend or want to communicate with us, you can add amg7922.

Yesterday, the highest price of the big cake rose to around 44,000 and the lowest price fell to 42,500, which was more than 1,000 points away.

Today, there is even less to analyze. The US market is closed and the volatility is not expected to be large. Therefore,

It is recommended that BTC: 42,000-43,200 high-altitude low-duo operate #sol #BTC #DOGE #币安合约锦标赛 #ETH/USDT

To be honest, the past two days of playing inscriptions have been quite exciting! #币安合约锦标赛

Yesterday, a small V appeared. In the afternoon, I also gave timely prompts. In the subsequent trend, I entered the market with a short order. The lowest reached the 41600 line. The target position I gave was a perfect take profit near 41800.

Looking at the daily level, the upper pressure is at the 42800 line, and the lower part bottomed out yesterday to build a bottom and rise.

Suggestion: The current price is around 42,400. In the short term, look at around 42,000.

On the backhand, check if the 42800 line is broken. If not, continue to kong #sol #BTC #币安合约锦标赛 #ETH/USDT

[In the past 24 hours, 2.6 billion in wealth has been reorganized, and the assets of 70,318 people have been reduced to zero. After experiencing continuous surges last week, this week has begun a continuous correction! 】
2023.12.12 8:52 am This week has been a correction for two consecutive days, with a drop of nearly 11 points at the highest point. If you look at the past three or four days, the drop is not small, but if you look at the past half month or even a month, , judging from the current high and low points, the decline is very small, and the room for decline is greater than the room for increase! This is a mid-line comparison, so you cannot use the mid-line comparison to guide your short-term operations!
The correction in the past two days has exceeded 2 billion every day. Just like the breakthrough of 40,000 in the previous two days, the continuous liquidation has exceeded 2 billion. It can be said that the directional harvest of long and short has been completed. The liquidity of the market has been at a high level again and again. The plunder is almost complete. In just a few days, at least 20 billion of the market's liquidity has been completely returned!
In addition, tonight's CPI, the expected value is currently 0.1% higher than the previous value, which is negative. Christmas, a traditional holiday in Europe and the United States, is coming soon. The "Black Friday" shopping festival in the United States at the end of the year, driven by e-commerce in recent years, The strong growth is reasonable, and it is reasonable to promote the expected increase in CPI. This is similar to the fact that the price of domestic pork and gasoline must increase before the Spring Festival!
CPI may indirectly affect the Fed's interest rate meeting at 3:00 on the 14th. Lao Bao's speech will be dovish but hawkish, which is also one of the logics for the market to get out of this wave of expectations ahead of time and start to push back!
btc follow today
Support 35955/31700/29600/27800
Pressure 42600/43000
During the day, pay attention to the strength of the short-term pressure to break through 42600. The second step has been completed and the step is standard enough. There is no momentum to fall below the previous low during the day, but if there is an opportunity to step back to the previous low neck, you can boldly gamble once!
eth attention
Support 2153/2029/1920/1835
Pressure 2285/2343
Pay attention to the retracement situation in the key point range of 2212-2223. If the retracement does not break, you can play once in the day! #币安合约锦标赛 #BTC

Does anyone remember this incident? $BTC #币安合约锦标赛

JTO callback ended

The market currently sees 40,000 as the bottom, and it is impossible to unwind short orders below 40,000.

The rapid pull-up here of needle 40222 proves this point.

Now it has been oscillating repeatedly between 40000 and 42000, which is attracting a wave of air force and then air force.

It is predicted that the main force is deliberately tempting the bull market, deliberately filling the short positions below 40,000, and then quickly pulling up.

#BTC #BRC20 #sol #AVAX #币安合约锦标赛

The happiness that comes after waiting, which can stand the test of time, is the most beautiful moment!

Big Pie long order, 41696-42272, won 576 points

Auntie long order, 2273-2302, won 29 points#BTC #ETH #币安合约锦标赛

哈喽大家好 今天睡过头了 起晚了 前面小做了3单全部盈利 今天给大家的福利单是avax 41.8附近可以做多41-41.3补一层 看43附近-44左右 avax这两天走的非常强硬 大家庭等待大家哦 一起翻身过个肥年吧 #币安合约锦标赛 #AVAX #

Smart trading strategies to minimize losses, be sure to read it! ! !

1. Emotionally driven trading: Traders may make emotionally driven trading decisions due to fear, greed, or anxiety. In this case, the solution is to learn to control your emotions, establish a stable trading plan, and strictly adhere to the plan.

2. Overtrading: Some traders may trade frequently, leading to overtrading. Doing so increases transaction costs and reduces profit potential. The solution is to set clear trading rules and goals, and only trade when the rules and goals are met.

3. Lack of risk management: Some traders may not have effective risk management strategies, resulting in losses exceeding the acceptable range. The solution is to learn and apply proper risk management techniques, such as setting stop-loss orders and allocating funds wisely.

4. Inadequate market research: Some traders may blindly enter transactions without conducting sufficient market research. The solution is to take the time to learn and understand the market, using tools like technical analysis and fundamental analysis to make more informed trading decisions.

5. Overconfidence: Some traders may ignore risks due to overconfidence and adopt overly risky trading strategies. The solution is to stay humble and aware of market uncertainties and avoid overconfidence and impulsive behavior.

6. Unreasonable expectations: Some traders may have unreasonable expectations about the market, leading to wrong trading decisions. The solution is to establish reasonable expectations and adjust them based on actual market conditions. $BTC $ETH $SOL #币安合约锦标赛

[12.4 Day Market Research Report - Positions increase, peaking begins, continue to speculate on whether the bull market is coming? Or make an exit plan? Make your own trading plan]
(I’m too lazy to change the title today, so my thoughts continue)
----------------------------------
Macro market:
Gold has broken through the structure and reached new highs, and soft gold has also worked hard. The DXY U.S. Dollar Index continues to weaken. The long structure of the S&P SPX500 has not changed. Pay attention to the opening and closing lines in the evening. Just like Binance mentioned in the early trading yesterday, OKX positions are increasing rapidly, and the spot leverage of Big B Network is further reduced, and the last moment to reach the top is here. Now let me tell you that 4w is a Niuchu person, and 385 was the same group of people a few days ago. The principal is your own, and you must have your own ideas about the market and make your own trading plan.

Crypto Market:

1. It can be said that the period after breaking 4 is a market that is incomprehensible. There is no consolidation or callback, and there is no need to intervene when the market is short. It is enough to do some short-term trading. BTC was around 395 by 200 points yesterday and surged higher in the evening. It was almost nine consecutive positives on the weekly chart. Even in a bull market, it is rare. Unsurprisingly, these two days will have the same trend as in 20 years. If this year is 24 years, then I still believe in cycles. The 23-year cycle is almost meaningless. Acceleration is not a bad thing. The script was given in October. The market was ready to end at any time in December due to the shock of 10 and 11. This script remains unchanged.

2. To put it simply, the market will continue to follow yesterday's channel structure. The spot market will continue to sell as it rises, and it will slip away if it weakens. If you break through this flag pattern and pull up, do not enter the market in large quantities. The FOMO level is 4.8. I will not take any advice from anyone. If it falls below, it will be withdrawn and finally leave the market. The contract is EASY. If you do it in the channel, the short-term MA200 during the day is 15m. The short-term MA200 has been a support in the past few days. It is enough to continue to observe this line during the day. What we need to pay attention to above is the two positions of 4.2 and 4.5 that remain unchanged.

Medium and long term: Pressure 4.2 4.4 4.8 Support 3.56 3. 5
Short-term: 4.03 support 395 388

3.ETH supports 2178 2150 2110 2080 (Ether continues yesterday’s view of 2200 and then the sea of ​​​​stars)

##币安合约锦标赛

Will it continue to rise after rising? Where will it go next?
-------------------

In my opinion, the market tells you what it is.
In the morning, the Ethereum market was strongly bullish, with a bull flag structure. If the breakthrough is confirmed, it will be an opportunity to enter more. At present, there is at least a 400-point profit. If it is not confirmed, it is not a clear signal.
Ethereum also broke through the previous high, which means that it will follow the trend to look at 2090 2100, and this is the structure. It is also the price behavior and the expectation of the market trend.
Trading may be a gamble, and few people win, but what about us?
Don't speculate or be blind, and make a mental contest.

Later plans:
Return to the early thinking, the blue line will break through effectively, and it will come out of the range of 3.85. Otherwise, it is not, and the large triangle structure has not come out.
The target of the breakthrough is 3.95-4.
##币安合约锦标赛

[12.3 Day Market Research Report - Positions increase, peaking begins, continue to speculate on whether the bull market is coming? Or make an exit plan? Make your own trading plan]
--------------------------
Macro market:
Binance’s holdings increased rapidly, and so did its friends. A large number of option deliveries are in the 4.2 and 4.5 layouts. Big B Network’s main leverage reduction is in the reduction of positions. Among them, retail investors are still mainly increasing their positions. In the current external environment, the weakness of the DXY U.S. dollar index has emerged. U.S. stocks and gold are all in a long structure, including the current big market.

Crypto Market:

1. Review the market. In fact, every breakthrough has a second opportunity to enter the market. Don’t guess the top, just take a short-term view. Only when the structure breaks the position can the trend change. Even the recent breakthrough of 3.85, it was emphasized that the market retreated around 3.82. Enter long orders from the side. Not to mention the structural breakout that called a bull flag for a day before the breakout. So there's nothing you can't gain. If you break through, step back and step in. Pull away and don't give a chance to wait for sideways adjustment to find the step back. Don't guess and don't chase.

2. Some time ago, 3.85 was the top, and bad people will tell you that after it breaks through 4, it will start an invincible bull market. Careful veterans should have noticed that my names in the morning trading on the 24th were all tops so that I could test the bottom of 385, not the top. After that, I set two targets of 3.89 and 3.98. Even yesterday's early trading moved medium and long-term pressure to the short-term during the day.

The old rules behind the scenes are that spot prices are still rising and selling, which cannot be changed. Unless the daily trend structure falls below, it will still be a long structure. The goals are fulfilled one by one, so don't think that there is a sea of ​​stars behind it. I can make it clear that the rebounding bulls are not real bulls. The cycle pattern is wrong. The limit of the rebound is 0.618, 4.8, 4.2, 4.5. There are too many options delivery places. We don’t need to follow fomo and make our own entry and exit plans.

Medium and long term: Pressure 4.2 4.8 Support 3.4 3.26 3.18
Short-term: Pressure 4 Support 3 3.85 3.8

3. After ETH increased its volume to 2200, it opened up the sea of ​​​​stars and supported 2110 2080 1918
##币安合约锦标赛