In the later stages of a bull market, do not talk about patterns, do not talk about faith,
Good afternoon, brothers. The market has dropped now, and saying this might make many think I'm just saying it after the fact. At the beginning of the month during my live broadcast, I always talked about this topic with my brothers. Many people are looking forward to the altcoin season, but Bitcoin is already at 100,000 and altcoins are still the same old nonsense. What’s the difference between buying in and buying Bitcoin at 100,000? If Bitcoin doesn't rise, how can altcoins rise? Many are expecting Trump to come to power and create a wave, but that’s all a matter for January. We don't even know what the price will be in January, yet we talk about faith and patterns. So, brothers, talking about faith and patterns in the later stages of a bull market is definitely the biggest pest; it can be deadly. I've always emphasized to my brothers to take a bite and run, never to have a pattern. I advised my brothers to start positioning short-term strategies at 110,000. It's just a little bit off, not regrettable. At least it's better than trying to catch the bottom in the spot market. The market rises and falls; it cannot keep rising, nor can it keep falling. The bull market lasted from the beginning of last year until the end of this year. You are still expecting a big bull, still expecting the bull market to last until the first half of 2025. Who has a clear answer? All those are just guesses fueling faith. Every live broadcast, there are brothers asking if this altcoin can be bottomed out. Are there any positions in the spot market at the end of the bull market? Even if you do it, it’s a swing trade, the kind where you run away immediately if the trend is not right. How many people have tried to catch the bottom these days? Almost halfway up,
It’s normal for the market to bounce back after a drop. Currently, Bitcoin is only undergoing a daily level correction, with key support still at 94137. As long as it doesn't break this level, it’s fine. Wait for the opportunity for the daily line to surge to 101227. There is a chance for a high surge; otherwise, you can give up any fantasies. If it breaks 94137 again, it will plunge to around 90286. When it gets near this level, check the strength of the rebound. If it’s weak, it will probe around 85589. Consider the possibility of a second surge after probing these two levels. For the hard support on the weekly and monthly levels: 3167.3038. If the weekly closing falls below these two levels, there’s no need to consider it in the short term; it will be very difficult to rise again. Those of you with positions, pay attention to these two hard support levels. Finally, I wish all my brothers can earn gold daily, and every order must profit. Brothers, join me tonight at 20:30 for a live broadcast on Binance Square, let’s chat about #加密市场回调 #市场调整後的机会? .
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#VANA开盘 Binance's new coins are rising more and more, and $USUAL has performed very well in the recent blood-sucking market, from falling at the opening to taking off against the trend. Now it is getting closer and closer to 1U. These new projects are flying one after another, which will affect the price of $BNB and the confidence of holders to a certain extent, proving that holding $BNB is much more reliable than simply holding USDT to earn stable returns.
#btc This morning, the BTC whale launched another surprise attack, creating a historic new high of 108366 and quickly dumping to crash, triggering the main downtrend of the 4️⃣h, causing continuous declines throughout the day, and dragging down various altcoins of Ethereum! BTC hit a low of 103066 in the afternoon; I believe this position is a valid support because there is strong support below (purple area in the image)! Therefore, it is very likely that this main downtrend of 4️⃣h has temporarily released! Pay attention to the upper resistance level 1️⃣105101 and resistance level 2️⃣105728!
Order some late-night snacks and wait 😏 The Federal Reserve is expected to announce an interest rate cut with a 99.99% likelihood within 2 hours. The market is expected to be volatile! Everyone, please control your risks!!! Theoretically bullish! But here's the question: if Bitcoin rises, the market share also rises. Altcoins are still declining. Unless the market share drops. Right now it's still 57.97. If it drops to around 55, then😍 So everyone, stay steady, set your BE if you need to. Pass through with light positions! #BTC $BTC
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$DOGE is building a relay form, if this form breaks down, the resistance when coming back will be a bit large.
The secondary analysis in the square has been a bit lax these days; there is really too much to write. Starting tomorrow, I will make it up for everyone.
I will send some Dogecoin in the comments section, get some rest early, in such a market, it’s a bit difficult to trade altcoins; I've seen a few.
Everyone should rest early; resting early will help in trading cryptocurrencies smoothly. Good night!
Gm xai Don’t be afraid, in this kind of decline, those who have money should buy in, and don’t be afraid if you are trapped, it is glorious to buy and great to be trapped! $XAI
Will MicroStrategy (MSTR) go bankrupt? Not in the short term. Despite the rise in Bitcoin (BTC) prices, MicroStrategy's stock price fell by 5.5% today. This may indicate that CEO Michael Saylor is selling more MicroStrategy shares on the market to buy Bitcoin, thereby supporting Bitcoin's price. So far this year, MicroStrategy's financial operations have achieved a 72.4% Bitcoin yield, bringing shareholders a net gain of approximately 136,965 BTC. At about $107,000 per BTC, that amounts to around $14.66 billion for the year. Starting in 2025, BTC will gradually detach from the volatile retail market as more and stronger entities enter the space. Wall Street, corporations, nations, and central banks will all compete to participate. BTC spot ETFs are gaining favor with more traditional capital, and historically, investing in BTC has never let anyone down. Thus, more large enterprises might consider BTC as part of their corporate reserve funds. The potential for future purchases will be greater. There may be pullbacks in the process, but the outcome will certainly be positive. As for many countries, they are likely to follow El Salvador, which seems to have made the right bet. For third-world countries, breaking through trade barriers and technological barriers is indeed very difficult. However, by trusting BTC, it is still possible to gain from trend-following and the financial sector. Perhaps in the future, El Salvador could become a new financial center, who knows? BTC is slowly presenting a new narrative. If Trump comes to power and implements substantial policies in the digital currency field, you might see BTC breaking through $200,000 by 2025. History does not repeat itself; if BTC experiences a major correction, it won't drop to $15,000. If BTC does correct, are you willing to get in? As the saying goes, going all in on BTC means you've succeeded halfway in life.
The types of traders in the trading market are diverse; some investors prefer to chase varieties with significant price fluctuations, constantly changing trading varieties. As a result, they often miss out on small market movements and larger trends, leading to potential losses. Therefore, it is advisable for investors to maintain a focused attitude in this regard. We should learn from wolves. Establishing our own trading system is the way out. In terms of the current trading market, a pre-market trading plan is also very important. New traders may ask, what is a trading plan? It is essentially a comprehensive operational guideline established before trading. It mainly includes market analysis, determination of trading targets, capital management, target points, and setting stop-loss levels, among others.
Based on the established plan, traders can operate with a basis during trading, relatively smoothly, and will not be thrown into chaos when market conditions change.
Let the bold get rich first, let those who act first get rich first. Being a pioneer is a form of wisdom.
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Recommend to the brothers to pay attention to the large capital real players @男神天花板新哥 , a rare veteran in the cryptocurrency world who has experienced several rounds of bull and bear markets. Since 2016, the capital has increased by 3500 times, and this year's target is one hundred thousand times. Brothers can follow along and witness together. $BTC $ETH $BNB #纳斯达克100指数宣布纳入微策略 #币安LaunchpoolVANA #VELODROME将上线币安 #BTC重回关键位置后走势 #SUI再创新高