#BinanceTurns7 Come celebrate 7 years of Binance with us to unlock digital badges and win some exclusive 7YA swag! 

Task 1: Share Your Binance Birthday Wishes to Unlock the Basic 7YA Digital Badge
- Complete the setup of your Binance Square profile (e.g., username, profile, biography) and follow this account @Binance_Square_Official during the Activity Period. 

- Comment on this Binance Square official post with your Binance birthday wishes, and ensure that your post includes the #BinanceTurns7 hashtag to unlock the basic 7YA digital badge. 

Task 2: Post Your Favorite Binance Memories to Unlock the Upgraded 7YA Digital Badge & Binance 7YA Merch

- Users who successfully complete Task 1 may receive an upgraded version of the 7YA Digital Badge by sharing their fondest memories with Binance in a new Binance Square post that mentions the #BinanceTurns7 hashtag during the Activity Period. 

- On top of that, the top seven participants with the highest total number of engagements (i.e., likes, shares, comments, quotes) for a qualified post in Task 2 during the Activity Period, will each receive one set of Binance 7YA merch. 

Terms and conditions: 
- 7YA digital badges will appear next to the profiles of qualified participants within four working days after the promotion ends. 
- Winners of 7YA merch will be notified via a push notification under Creator Center > Square Assistant, within four weeks after the promotion ends. 
- Users should complete the required instructions within the timeframe stipulated in the push notification to successfully receive merch rewards. Please note that winners should provide a valid shipping address, and will be responsible for any taxes, if applicable. 
- No refunds or cash equivalent value of the rewards will be granted.

Activity Period: 2024-07-05 12:00 (UTC) to 2024-07-10 11:59 (UTC)

1. Mt. Gox repays debts

Mt. Gox, based in Tokyo, was once the world's largest bitcoin exchange. It was hacked in 2011 and went bankrupt in 2014. The long-awaited return of bitcoins to creditors has put the potential supply in the market in the spotlight. The trustee of Mt Gox announced last Friday that he had "repaid some creditors with bitcoin and bitcoin cash." According to blockchain research firm Arkham Intelligence, the trustee has transferred hundreds of millions of dollars in tokens to Bitbank and other Mt Gox accounts. The trustee said that once the details of other creditors are confirmed, they will be paid "quickly." Many creditors are expected to receive repayments by the end of October.

2. German government selling

Yesterday at 14:53, the German government address transferred out 1,000 BTC, and the Bitstamp big player sold 1.714 million USD of BTC at around 17:00, with the price falling by 4.54%

Last night at 21:32, the German government address transferred out 1,600 BTC, and then the Coinbase big player sold 2.6639 million USD of BTC at the market price, with BTC falling by 3.84%

Today at 15:34, the German government address transferred out 2,700 BTC again, and then transferred in 1,692 BTC.

3. News analysis

From the perspective of the current two major news, the data shows that the German government's $2.3 billion digital assets have shrunk to $1.48 billion. Such a sell-off may liquidate $2.3 billion worth of Bitcoin, which poses a greater direct threat to the market. And Mentougou's debt repayment does not mean that every Bitcoin they return will be sold. The current price is not high, and most users will choose to sell after the market sentiment is stable and the price is higher. So we pay attention to the German sell-off in the news situation. #德国政府转移比特币 #币安7周年 #BTC下跌分析 #美国6月非农数据高于预期 #Mt.Gox将启动偿还计划 $BTC $ETH

Share two interesting market charts:

Figure 1 about future gains:

apsk32's famous cloud chart shows the cyclical law of Bitcoin. If this law persists, its price should remain in or near the blue cloud. The launch of the ETF once pushed us out of the cloud, and now we are approaching the cloud again. According to the cloud chart, the price of $200,000 is the product of Bitcoin's four-year cycle model. It is expected that by the end of 2025, a big cake price of $200,000 may be seen. Although this reference chart is very valuable, I personally think that the price may not reach that high.

Figure 2 about this wave of callback:

Specific support laws and price fractals of Bitcoin's four-year cycle show the potential price trend of the current cycle. Figure 2 The top prediction of the cycle is as follows:

November 8, 2025: $227,328 (2021 fractal)
December 16, 2025: $271,868 (2017 fractal)
December 4, 2025: $193,180 (2013 fractal)

The two pictures of apsk32 show that:

If the US stock market collapses recently and adjusts sharply, the price of Bitcoin may fall to between $36,000 and $47,000. From a technical point of view, $37,000 is a super support level, which is the price of the middle track of the monthly Bollinger Band, and it is consistent with the previous cycle.

If the US stock market does not adjust sharply in the near future, this round of adjustment will basically remain above $52,000.

The current market is volatile. Whether you are keen on Heyue or spot, you can check the top to find me. After the sharp drop in the market, I am also optimistic about several potential coins and ready to lay out.
Why not join me and capture the next wave of market opportunities.

#币安7周年 #美国大选如何影响加密产业？ #BTC下跌分析

Can value coins still be played?

Meme coins are a sector, but they cannot become the mainstream of industry capital accumulation. Few people will hold large sums of money for a long time in meme coins and turn from speculation to investment.

Because the essence of meme coins is emotional speculation, it comes and goes quickly.

Without a strong dealer like SHIB and a godfather like Musk, the vitality of meme coins is only a stage.

Products with actual demand and sustainable business income are the right choice for investment. This is why everyone likes to invest in sectors related to the "chain", because these sectors have high valuation ceilings and clear business models.

Maybe you think I'm going to start a long speech on how to make value investments, but that's not the case. I believe in the principle of simplicity.

The three-layer pyramid model of new narratives in each round, sustainable business income, and listing on major exchanges is the basis for me to screen value investment targets. #美国大选如何影响加密产业？ #德国政府转移比特币 #币安7周年 #BTC下跌分析

Has BTC hit the bottom?

Let me start with the conclusion:

1. At present, some indicators show that Bitcoin is almost close to the bottom.

2. The sell signal has not yet appeared. It is suitable to hold the currency or continue to buy in small quantities. There is no need to panic.

3. Even if it falls below 50,000 in the next month, encryption will not end. Are you relieved?

If you want to know the specific opportunities and specific decisions, check the introduction and get the position allocation strategy to teach you how to make money in the bull market and earn coins in the bear market

#美国大选如何影响加密产业？ #德国政府转移比特币 #币安7周年

Thoughts at noon on July 9:

The recent market crash has a lot to do with the German government's selling of Bitcoin and the Mentougou incident. According to statistics, the German government's address has a net transfer of 12,366 Bitcoins within 24 hours. The German government's address has shrunk its assets from $2.7 billion to $1.5 billion in the past four days. The main reason for the recent market crash is the selling of large investors. Continue to pay attention to the selling of large investors in the future and adjust the direction in time.

From the current market, the daily line closed with a small positive K. From the perspective of the form, the recent 53,329 line has bottomed out, the K-line low point has gradually moved up, and the operating range has stabilized above the lower track. The market is gradually stabilizing, and the market is gradually getting better. From the perspective of the four small lines, the K-line trend has been rising. From the current structure, the continuous rise has tested the middle track. After rising to 57,200 in the morning, it fell under pressure. The current market has fallen back and is ready to attack again and test the middle track. The current market still tends to be bullish. After the break, it is not optimistic that there will be momentum to hit the upper track after breaking the middle track. It is expected that the market will be under pressure and consolidate after reaching 58,000 during the day, and then accumulate momentum to break the high again.
The operation suggestion for the afternoon is to continue to be bullish.

The big cake can be more than 56,200-56,400, with a target of around 57,600. The concubine can be more than 3,000-3,020, with a target of around 3,090.
#BTC下跌分析 #TON #币安7周年 #美国6月非农数据高于预期 #德国政府转移比特币 $BTC $ETH

This round of cycle is mainly affected by market manipulation and news abstraction. On the surface, it looks fragile, but in fact it rises due to news manipulation, or it seems strong but you don’t understand why it falls. So you not only don’t know why it falls, but you don’t even know why it rises. Many of them are either big positive lines or big negative lines. Want to get on or off? Only more players are shaken out by contracts.

For example:

BTC ETF is about to pass;

Rumors are refuted that BTC ETF is passed is fake news;

BTC ETF application documents
Rumor-refuting documents have appeared on the official website;
BTC ETF is really passed.

In the morning, the German government announced that it would sell coins;
In the evening, it was announced that the German government would not sell coins and would repurchase;
In the evening, the German government announced again that it would start selling coins.

The current market is volatile. Whether you are keen on Heyue or spot, you can check the introduction to find me. After the sharp decline of the market, I am also optimistic about several potential coins and are ready to lay out.

Why not join me to capture the next wave of opportunities in the market.

#币安7周年 #BTC下跌分析 3#美国大选如何影响加密产业？

Recent market trends show that BTC's price fluctuates violently, and it seems to be seeking a breakthrough for both long and short sides. However, in the current turbulent market environment, it is not easy to find an absolutely safe entry point.

Here are some preferred entry position suggestions:

Around $56,000: suitable for short-term longs!

Around $55,450: suitable for short-term longs!

Around $54,400: suitable for short-term longs!

In addition, if BTC's 4-hour price is close to around $57,050 and shows a peak signal, you can consider short-term short operations.

In summary, the current market environment is very unstable. It is recommended to be cautious when operating and set a good stop loss.

To learn more about cryptocurrency investment logic, please visit my homepage! 🌟
#美国6月非农数据高于预期 #币安7周年 #德国政府转移比特币

Attention!!! #美国大选如何影响加密产业？ #德国政府转移比特币 #币安7周年 #BTC下跌分析 #TON

The three strongest heartbeats I can remember happened when the teacher called my name in class, when I missed a step when going down the stairs, and when you smiled at me. #币安7周年 $BNB

The market is still better.

When the market is good, everyone is rushing to the dog, and many people are not so annoying.

When the market is bad, everyone is pretending to be rich.

1sol, do you know how much you can buy?

Some people in the currency circle really see others building high buildings every day, and forget to look at themselves in the mirror.

You can cheat your buddies, but don't cheat yourself. It doesn't matter if your buddy is cheated by you, just laugh it off. But I hope you wipe your eyes after typing this paragraph, and don't let your tears fall on the phone screen. It's okay for your buddy to believe these words. It can also give you some psychological comfort, but it's enough to say such words to cheat your buddies. It won't lose a piece of meat if your buddy believes you, but you just don't take it seriously. It doesn't matter if your buddy is cheated by you, and your buddy will just laugh it off. I really don't mean to break your defense. Wipe your tears and think carefully. Who else but your brothers would believe these words?

If you want to know more opportunities and specific decisions, check the introduction and get the position allocation strategy to teach you how to make money in the bull market and earn coins in the bear market

#美国大选如何影响加密产业？ #德国政府转移比特币 #币安7周年

The market generally expects Powell to continue to "paint the pie", with some minor changes in the key words...#美联储何时降息？ #

Fed Chairman Powell will go to Capitol Hill later to deliver his twice-yearly economic report. During the period, lawmakers may bombard him with a series of "fierce" bombardments, but it is estimated that Powell will still "keep silent" on the details of when the Fed will cut interest rates. #币安7周年

With the Fed keeping interest rates stable and the US election approaching, UBS Chief Economist for the United States Jonathan Pingle wrote, "Powell may face a more difficult task than usual. Inflation has become a political issue and the election is approaching." #币安合约锦标赛

Although Pingle expects Powell to avoid revealing any specific details at the hearing, Fed observers may see him defend the Fed's current monetary policy stance and policymakers' reliance on data.

Powell is expected to point out that it may be appropriate to start easing monetary policy later this year, and he will not go into details even if he is under pressure. If Powell uses "soon" to describe the timing of a potential rate cut, Pingle said it will be worth paying attention to.

The cryptocurrency market has been falling for nearly 4 consecutive months, which is a bit like the situation in 21 years. After the halving, there will be a periodic small correction. In August and September, there may be a new upward trend, and the bull market will begin. However, the market did not break through the high point of 7.3w. It began to fall at the end of May and the beginning of June, and has retreated 25%. The market should never be wishful thinking. The big cake will be cut in half, and it is normal for the altcoin to fall to zero. Only by making the worst plan can we wait for improvement.

Personally, I think the big bull is still behind, and now is the time to pull back and wash the market. If you miss it, you may really have no chance. Maintain your position and withstand the return to zero. Now is the time to plan your strategy, rest and accumulate energy to meet the next wave of market conditions! The market always goes back and forth. Only by seizing opportunities can we win the future.

#BTC☀ #BTC下跌分析 #币安7周年

#币安7周年 Happy Birthday #BinanceTurns7

Celebrating Binance's 7th anniversary, we have witnessed the continuous progress of the cryptocurrency industry.

Although I have three or four years of experience in this field, I am confident about the future. As a leading trading platform, Binance continues to drive the development of the market through its influence and innovation.

At this special moment, I plan to continue to deepen my understanding and participate in the opportunities and challenges in the cryptocurrency field. I hope that through this celebration, I can witness more innovation and cooperation, and jointly promote the cryptocurrency industry to a brighter future.

If you want to know specific opportunities and specific decisions, check the top, you can get the position allocation strategy, teach you how to make money in the bull market and earn coins in the bear market

#BTC下跌分析 #TON #币安7周年

The long orders arranged in the morning are accurate and in place

One sun line, thousands of miles away to meet

#BTC下跌分析 #TON #BTC☀ #ETH投资 #币安7周年

The market is not loved by the father and the mother. How many people are washed out like this in one day? It's okay, friends, you can't get rid of me, any low point, any amount!

Long-term 60000! #BTC下跌分析 #币安7周年 #美国6月非农数据高于预期 #德国政府转移比特币 $BTC $ETH

Why are there still so many people keen on speculating in cryptocurrencies?
High return potential: Although the cryptocurrency market is extremely volatile, it is this uncertainty that provides investors with the possibility of high returns. A successful investment may bring several times or even dozens of times the return. This tempting "turnaround effect" has attracted a large number of people seeking rapid wealth appreciation.
Low threshold and convenience: Compared with traditional financial markets, the entry threshold of the cryptocurrency market is relatively low. As long as there is a smartphone and an Internet connection, almost anyone can participate in this market. This convenience makes speculating in cryptocurrencies an easy-to-access and easy-to-try investment method.
Globalization and decentralization: The globalization of the cryptocurrency market allows investors to trade across geographical restrictions, while the decentralized characteristics reduce the intervention and supervision of traditional financial institutions, providing investors with more freedom and flexibility.
Speculation and adventurous spirit: Many people are keen on speculating in cryptocurrencies, partly driven by speculation and adventurous spirit. They enjoy the thrill of fighting in the market and are willing to take high risks in pursuit of high returns.
Information acquisition and community effect: In the cryptocurrency circle, the acquisition and sharing of information are very important. Many investors obtain information by following the latest market trends and joining community discussions. This community effect also enhances their investment confidence and motivation.