Let's talk about the logic of Ethereum's transition
First, the Ethereum Foundation is not a whale. The Ethereum Foundation, led by Vitalik Buterin, primarily focuses on the development of Ethereum. I checked some information, and in August of this year, a mining pool published an article in the media stating that the Ethereum Foundation holds 273,000 ETH, which only accounts for 0.25% of the total supply. Therefore, the impact of Vitalik and the Ethereum Foundation selling coins is mostly emotional; in the end, even if they sold, there wasn't much selling pressure.
Second, during the POW era, POW mining pools were one of the main forces. Miners had to join mining pools to mine, and the pools took a portion of the profits, which gave them more chips.
Third, after transitioning to POS, POW mining pools no longer collected funds through the continuous provision of mining programs. This led to the emergence of new mining pools, such as Lido platforms. I prefer to call them POS mining pools.
Fourth, a lot of the criticism towards POS may come from the original Ethereum miners, as POS changed their method of participating in mining, which could be seen as taking a piece of the pie from some people.
In fact, in the POW model, retail investors buy graphics cards and pay electricity bills to mine, while mining pools concentrate computing power and provide mining programs.
In the POS model, retail investors stake ETH to mine, while mining pools concentrate ETH and provide or connect validator nodes.
The transition from POW to POS may not have many significant differences.
The issue may lie in this transitional phase; we should still be in this transitional stage.
Fifth, if there is a difference, it is that the cost support of POW is lacking, and the ecosystem lacks large-scale participatory narratives like ERC20 DeFi. This leads to a decrease in ETH production costs without a significant increase in demand. However, this may also be related to the transition of whales, as the performance of the ETH price also affects the ecosystem. The lack of applications has always been a problem in my opinion.
To summarize, the transition from POW to POS is a process of changing the controlling entities, as Cow Brother said, it is a strategic maneuver. Although the POW mining pools may have sold some before the transition to POS in September 2022, it shouldn't have been a complete liquidation. After all, they still have to wait for ETH to rise before unloading, which could explain why ETH hasn't been able to rise significantly. #灰度XRP信托基金开放 #非农就业人数大幅降温 #美国大选后涨或跌？ #美国大选后行情预测

BTC will reach new highs in the future, rising to over 120,000+ in one or two years. Some optimistic inferences:
1. Assuming Trump is elected, $doge will surge, with whales only focusing on this
2. If $doge surges, funds will flood into the meme sector
3. Leading projects in the meme sector
Large funds are focusing on: $pepe $bome $wif and other leading large projects
Medium-sized funds are focusing on on-chain cats and dogs, AI, religion, and other leading projects. The smaller the market cap, the easier it is to absorb external flow. @甜梦说币 #非农就业人数大幅降温 #灰度XRP信托基金开放 #BNB季度销毁 #MtGox转移BTC #美国大选后行情预测

ETH is overall much weaker; this coin basically became worthless after it broke below 2800 in August. The probability of making profits on short positions is much greater than on long positions, because as long as you slightly adjust the pattern and the average price rises, it's easy to get trapped. Currently, its support is hanging by a thread at the 2460 line, which was the highest point last year and also the starting point for the attack on 3-4k after breaking through in the first quarter of this year. It is the dividing line between bear and bull markets. ETH has been hovering around this position for a long time, and as soon as it strongly breaks below 2460, the mid-term ceiling for ETH will be at 2800, and support will need to move below 2380. We need to pay attention to its gains and losses next week. Currently, short-term resistance is at 2560-2580, with support at 2466-2444. For the weekend, anything below 2496 is considered a low position and should not be chased; it’s best to wait for a rebound to 2536-2560 to short a small position. #灰度XRP信托基金开放 #非农就业人数大幅降温 #MtGox转移BTC #美国大选后涨或跌？ #美国大选后行情预测

Why is it a good thing that BTC is consolidating around 69000?

First: The recent surge in Bitcoin, jumping from around 66000 to nearly 73000, requires a continuous influx of funds for such a significant rise. There is substantial selling pressure above 72000, and even institutions have been buying here for a few days, followed by tactical pullbacks to accumulate more!! The continuation of this trend requires a large amount of USDT!!

Second: After a surge, it also means that some BTC held at higher levels has been released, creating selling pressure!! After this round of consolidation, many BTC that were around 60000 or 66000 have already been sold off! Therefore, if they want to buy in later, they can only purchase BTC at 70000!!

Third: This will not be explained publicly!

Institutions operate in this manner to raise the average price of all segments up and down. If the rise is too fast, it can only be a fleeting moment, but moving gradually will wash many people into the market. Rapid movements in the crypto space are not necessarily good, but slow movement is certainly not bad

@甜梦说币 #你问我答 #美国大选后行情预测 #美国大选后涨或跌？ ##MtGox transfers BTC #非农就业人数大幅降温

What is the 'Oreo
🍪
Rule' of market making?

Oreo slogan:
Twist it, lick it, dunk it

Method of pulling K:
Pull it, slow down, take a look

1/ Pull it:
Measure the market/Pull the market

2/ Slow down:
Various secondary forms of K lines appearing with various micro-operations
Channels, boxes, wedges, flags, old lady going down the stairs, old lady taking a plane

Fluctuations in volatility decrease and increase alternately
The effectiveness of efficient and inefficient markets rises and falls

3/ Take a look:
Observe selling pressure and market reaction
Decide how to start the next market making cycle

#比特币白皮书16周年 #PCE年率超预期 #11月市场预测 #BNB季度销毁 #灰度XRP信托基金开放

RARE's four-hour chart shows a strong rebound - a 44.33% increase in just 12 hours. Five consecutive bullish candles are gradually expanding, demonstrating very strong momentum.

From a technical analysis perspective, the price pattern and indicators provide us with an 'logic' for the upward movement. Upon review, we can see that the pattern presents a standard double bottom, with the MACD showing a golden cross, and the volume bars are also quite strong, seemingly further validating the reasonableness of this rebound.

However, this is merely the logic derived from the analysis, different from the actual reasons driving the price increase. From the order book data, the real driver of this surge is a large purchase made on October 31, 2024, at 23:45.

Therefore, we must always remember: analysis can only provide one explanation, but the true price movement relies on the actual flow of capital in the market. It is not analysis that causes prices to rise or fall, but rather the price movements that happen to align with the analysis logic.

@甜梦说币 #你问我答 #美国大选后涨或跌？ ##MtGox transfer BTC #非农就业人数大幅降温 #BNB季度销毁

Do you have the right investment strategy and patience?
A common mistake made by novices when trading cryptocurrencies is to check the exchange frequently. If the price of the currency does not rise within a few minutes after buying, they will start to worry, doubt their choice, and then rush to sell and buy other currencies.

This back-and-forth operation not only increases transaction costs, but also often leads to a gradual reduction in funds, because the handling fees accumulate more and more in the continuous operation.

In contrast, experienced investors will adopt a fixed investment strategy, choose a currency and set long-term investment goals. They will not pay too much attention to short-term market fluctuations, and may only check it a few times a month. After buying, they will hold it firmly. No matter how the market fluctuates, they will not operate frequently, but just insist on fixed investment.

In the long run, novices often fail because of frequent trading and chasing ups and downs, while they themselves gain advantages because of low costs and stable positions.

Therefore, the highest realm of investment can be summarized as "buy and forget", be prepared to hold for a long time, and don't pay too much attention to short-term market fluctuations. Short-term trading and long-term investment each have their own strategies and timing, and those friends who ask about market trends many times a day may need to reconsider their investment strategies and patience.

#比特币白皮书16周年 #PCE年率超预期 #BNB季度销毁 #11月市场预测 #灰度XRP信托基金开放

Ten tips for trading:

1. Sideways trading is a grind, patience is gold, and you have to wait until the clouds clear and the moon appears, unless you are already at the top of a mountain.

2. After the moving average breaks through with large volume, the shrinking volume and stabilization are treasures, and the buying time is just right.

3. The leading coins in the sector fall, don't be afraid, that is a low-priced ticket given to you by God.

4. The gap is fierce, and the gap cannot be broken when it is stepped back, and the market can continue to rush.

5. The surge is more than ten times, and the daily limit is seen continuously. Don't be greedy for the unlimited rise, that is the main force performing.

6. Some people don't make money in the bull market, just because they can't stand the loneliness. Remember that holding coins in the bull market is a golden saying.

7. The top will not be sharp, and double tops often appear. Dow Theory has true teachings.

8. In the bull market, MACD explores the 0 axis, and it is bullish if it does not break and return. Keep the buying signal in mind.

9. The 120-day line is long, don't wait for the trend line to turn, and buy on dips.

10. Continuous small positive lines, the main force is busy in the dark, chips are being collected, pay more attention and don't miss it.

#比特币白皮书16周年 #PCE年率超预期 #BNB季度销毁 #灰度XRP信托基金开放 #11月市场预测

The two types of people I find most annoying in this market are:
1: Emotional gambling dogs: Their specific behavior is to ignore 100,000 when the price drops and to look at 100,000 when it rises to a strong resistance level; when it goes up, they don't consider it going to zero, but when it falls to a strong support level, they start to think it will go to zero;
Among them, the former accounts for about 80%. These people are the type who hope the price will directly rise to one million, with the illusion of hundreds or thousands of times return, often dreaming of financial freedom, naive about assets A8 and A9; essentially, these people are gambling dogs with no trading ability. If you are bearish, no matter what reasons and evidence you provide, they would want to stab you with a knife;
2: Full margin gambling dogs: Their specific behavior is to leverage all their funds and gamble directly with 10x or 20x on a single bet; #灰度XRP信托基金开放 #美国大选后涨或跌？ #MtGox转移BTC

The surge and pullback last night directly led to a sharp decrease in positions across the three major derivatives exchanges: Binance, OK, and Bybit;
This indicates that the smart money on both sides significantly exited last night to avoid the upcoming volatility, so everyone might consider reducing their positions next; #BNB季度销毁 #11月市场预测 #灰度XRP信托基金开放 #灰度XRP信托基金开放 #非农就业人数大幅降温

Every time there's a significant drop, I advise you not to cut your losses easily.
Never reverse your actions; during a big rise, we gradually sell our holdings,
while during a big drop, we bravely buy the bloodied assets.
Why do the most people lose money at the beginning of a bull market?
In the current environment, the market is at a bottom area, but it is not necessarily
the lowest point.
We can't buy at the lowest point, and it doesn't matter much if we do; what you can actually acquire is what counts,
a big pot of rice, can one person finish it all?
Being at the bottom doesn't mean it will reverse immediately.
Most likely, it won't; how confident are you in your targets? What will you do if the bottom doesn't rise for a long time? Watching others' coins soar, can you resist the temptation? Does hearing certain information stir your heart?
For long-term spot trading, my best strategy is to hold mainstream stable coins, for example, if mainstream coins have really not pulled back much during a correction, then add leading targets, and enter some potential early-stage development targets with a small position, without making any waves.

From the current trend, there will be significant resistance at the 737 position.
This round's previous high position has been rejected twice in the attempt to break through.
The highest point before the major correction of the first wave of the bullish divergence in the previous round is also 737 today.
Moreover, if it is expected to form a bearish divergence, the correction of the 3-day line should actually be very close to appearing in terms of time.
All three factors point to 737, and it is very likely that there will be a significant rejection at 737, followed by a severe shakeout, potentially dropping directly to around 63k.
Of course, if it successfully breaks through 737, it will be as if nothing happened. The bullish structure is currently intact, and it is advisable to continue holding.
Be cautious of the rejection near 737; do not add too much bullish leverage close to the previous high. Survive the spot trading and only continue to be bullish after a successful breakout.
The rejection at the high point formed at 1030, will it evolve into the potential starting point of this shakeout? Currently, there is no way to confirm.

This is the truth behind this wave of BTC's rise and fall:
On October 30, BlackRock bought another 12,000 bitcoins, worth nearly 900 million. This is arbitrage funds, buying in the spot market and opening shorts in the futures market with a premium;
Once arbitrage funds of this scale and level enter the market, it means that the market is at the end stage, so what everyone actually sees is that when ETF funds flow in in large amounts, it is the top, and when ETF funds flow out in large amounts, it is the bottom. #11月市场预测 #灰度XRP信托基金开放 #非农就业人数大幅降温 #美国大选后行情预测 #你问我答

I also don't argue, I'll just say a few things.
1. For ena's chip structure, you can think about who mainly provides the TVL, and how many of them are insiders, so how much of the airdrop is from insiders.
2. ena has a 90 million dollar position in Binance contracts, you can look at projects with a circulating market value above 1 billion, and the ratio of contract positions to market value. A very high contract position indicates that there must be a main force, and with a main force, there will definitely be volatility.
3. What does PE and PF mean? It's all the same, market value/income. I just want to ask, in this bull market, would you buy ena or mkr?
4. In 6 months, will ena face a large number of unlocks? In the crypto world, a day is like a year. If you are trading coins and are looking at unlocks 6 months later, then you shouldn't play. From October 2023 to April 2024, the whole small bull market is only 6 months, I'm really amazed.
5. USTB is not data, it's a dream, it's the market dream rate. This is precisely the cognitive gap between top traders and analysts. Because the TVL of the funding fee is limited by contract positions, a grander story is needed to make people proclaim to overthrow USDT. Don't worry about whether it can succeed, just tell the story first.
The above points do not promote ena, I haven't written specific articles about a certain coin for a long time out of fear of rights protection. It's just a discussion about what the core argument of the crypto world is: how the main funds tell stories. It's not about protocol income. Data determines the lower limit, dreams determine the upper limit, #BNB季度销毁 #加密货币急跌 #非农就业人数大幅降温 #TIA超大额解锁 #美国大选后行情预测

Summarizing several psychological issues that are easy to fall into during the process of trading cryptocurrencies. Let's see if you have【Follow】💹💹💹
1. Fear of Missing Out
Seeing others make money makes you anxious, fearing you might miss the next surge. But have you considered that every time you chase the high, it's a gamble!
2. Overconfidence
After making a few profits, do you think you have figured out the market? You might get carried away! Don't forget, the market often hits you hard when you are the most confident. Staying vigilant is the way to survive long term!
3. Turning Losses into Gains
When you lose, you think about buying again to turn it around! But not admitting defeat might lead you further down the wrong path. Sometimes, cutting losses is true wisdom!
4. Emotional Trading
Seeing the market drop makes you panic and sell quickly; seeing the market rise makes you unable to resist jumping in. This emotional trading often leads to regret. Calm analysis and rational operation are the hard truths!
#BNB季度销毁 #加密货币急跌 #TIA超大额解锁 #市场关注美国非农数据 #美国大选后行情预测

BTC declined yesterday without a prior surge, which is related to the US stock market/A-shares. The sentiment from the secondary market has transmitted to the crypto circle. More damaging to market sentiment than the drop is that altcoins did not see significant gains during the first half of the week when BTC surged. Last night, they also fell back. As of the time of this report, BTC price is 69390.
2. Observing BTC from a 4-hour perspective, the three-line bullish arrangement remains unchanged, so the nature of the decline is simply a pullback, and there is no need to worry. There won't be a one-sided drop here; the pullback presents a bullish opportunity. Currently, the daily K-line shows a large bearish candle, and stability will require a day of waiting. When the 4-hour MA5/MA7 turns upward, the market will move bullish, and next week will still see a rebound upwards.
3. ETH has been oscillating between 2450 and 2722 for 3 months. This 10% range is the bottoming phase. There is almost no space for a weekly decline. Most quality coins have a price basis suitable for dollar-cost averaging. When to rise and to what extent will be left to time.
4. There is no significant debate on the broader direction; the short-term influencer of the market is the upcoming election. The spot market APE/ALPHA/STORJ is expected to have a second wave next week. For contracts, the cost-effectiveness of going long after a decline is high. Tonight, the US will announce non-farm payroll data, so pay attention to the opportunity for low entry. BTC's short-term resistance level is 70690 ~ 71110, and BTC's short-term support level is 68280 ~ 67550.

Bitcoin: Judging from yesterday's mid-yin line, the market seems to be a little weak, but this does not mean that the market has completely turned bearish. It is currently at the 10-day moving average position, and the 10-day and 20-day moving averages have played a strong supporting role many times in history, so there is no need to worry too much. Although the energy column of MACD has declined, KDJ is already in a low area, showing that the space below is limited. Once it stabilizes in this area, a rebound in the future market can be expected.

On the whole, there may be some consolidation and shocks in the short term. It is expected that the price will be repeatedly tested near the 10-day and 20-day moving averages over the weekend, gradually digesting the upper selling pressure. If the trading volume can be significantly enlarged next week, there will be a wave of oversold rebound. In particular, once the pressure level of 73,600 above is broken, market sentiment will be further ignited, and the possibility of challenging new highs will increase greatly. Resistance level reference: 73,000-75,000 range;

Ethereum: Ethereum fell yesterday under the condition of enlarged trading volume, and finally closed with a negative line. It is expected that Ethereum may continue to remain in an adjustment state over the next two days of the weekend. However, there may be a rebound opportunity next week. The resistance level is around 2868 and 3102.

#下一BTC历史新高是多少？ #PCE年率超预期 #比特币白皮书16周年 #11月市场预测 #加密货币急跌

TIA
1. This year, institutions with 100 million USD in OTC must wait for the coin price to reach 7.5 USD to break even, so these institutions will definitely cooperate with the project parties to jointly push the TIA price up to make profit and benefit the bullish investors;
2. From a fundamental perspective, the unique narrative of the TIA modular leader is still quite good. From the last explosive cycle, the price rose from a low of about 2.3 to around 21, nearly a tenfold increase, showing excellent market performance;
3. From a technical perspective, the TIA trend remains steady at present, key technical points have not been broken, and there are behaviors of major players supporting the price;
4. From the perspective of strong manipulation logic, compared to retail investors, only the strong manipulators have willpower, while retail investors are scattered and can only follow the strong manipulators. The strong manipulators do not care about FUD (Fear, Uncertainty, Doubt), and may even deliberately create smoke screens.
The TIA price may not be able to hold and could drop. The area framed in the figure below is relatively supportive and can be purchased in batches.

#美国大选后行情预测 #市场关注美国非农数据 #TIA超大额解锁 #BNB季度销毁 #加密货币急跌