The price of the big cake peaked at 9w yesterday! !
The U.S. stock market opened last night and began to pull back. What will the subsequent trend be like? ? ?
The U.S. stock market fell last night, which may be related to a variety of factors. The trend of the U.S. stock market is usually affected by a variety of factors such as the global economic situation, policy changes, and company performance.
For example, if the published economic data is lower than market expectations, it may cause investors to worry about economic growth, leading to a decline in the stock market.
Policy changes may also have an impact on the stock market. For example, if the Federal Reserve announces a tightening policy such as raising interest rates or shrinking the balance sheet, it may cause market concerns and lead to a decline in the stock market.
The performance of some companies may not meet market expectations, which may also lead to a decline in stock prices.
Although Bitcoin and U.S. stocks are two different markets, there may be a certain degree of mutual influence between them. For example, when the U.S. stock market falls, investors may panic and choose to sell risky assets including Bitcoin, resulting in a decline in Bitcoin prices.
At the same time, the Bitcoin market also has a certain degree of independence. Due to its decentralization and anonymity, the price of Bitcoin may be more affected by factors such as market sentiment and investor expectations, and the correlation with the U.S. stock market is relatively low.
As for the future trend of Bitcoin and US stocks, the market is affected by many factors, so there is great uncertainty. Everyone should be cautious about market predictions.
The altcoin bull market is coming soon! !
Several altcoins currently deployed (contracts and spot can be entered)! !
The expected return of the increase is over 45%! !
The callback has already started, and the strengthening of the bearish forces means more people believe the market will decline in the future.
"Where there is light, there is shadow; yin and yang alternate" expresses that market trends often have a certain cyclicality, after an increase there may be a decline, and after a decline there may also be an increase.
Do not open long positions now; it is a relatively conservative trading strategy to prefer to miss out rather than participate in trading when the market direction is unclear, in order to avoid potential losses.
"Better to miss out" expresses that even if one misses potential profit opportunities, one must ensure the safety of funds. If it really goes down this time, then it will be interesting later: this expresses uncertainty about the future direction of the market, suggesting that if the market really continues to decline, more complex market situations may arise later. Perhaps the bulls are being repeatedly worn down and beaten down just like the bears.
Overbought condition: The current RSI level indicates that Dogecoin may be overbought, which could lead to a short-term correction. Speculative nature: As a meme coin, Dogecoin's value is heavily influenced by market sentiment and speculation, making it susceptible to rapid price changes.
With the proliferation of cryptocurrencies, regulators may impose stricter scrutiny, which could affect Dogecoin's market dynamics.
For Dogecoin to become mainstream, it needs widespread acceptance among merchants and businesses. Initiatives to promote it as a payment method can enhance its practicality.
Collaboration with financial institutions and payment processors can facilitate the integration of Dogecoin into the existing financial system, enhancing its legitimacy.
Building a strong ecosystem, including decentralized applications (dApps) and services, can improve Dogecoin's practicality and adoption rate.
November 12th Bitcoin Breaks New High: 90k Latest Market Analysis Reference and Trading Ideas
Bitcoin (BTC) Market Analysis
Overall Trend:
Bitcoin has seen strong bullish momentum recently, with prices reaching new highs at the 89,800 level. The market volatility after the elections has indeed been significant as expected, and in the short term, the market is showing a one-sided upward trend.
Technical Analysis:
Hourly Chart: The Bollinger Bands show clear signs of opening, with the market maintaining a fluctuating upward trend. As it approaches the 90,000 mark, if it successfully breaks through, prices are expected to test higher areas. Support and Resistance: The current key support level is in the 87,200-87,800 range. If this range is broken, it may pull back to lower support levels. If it successfully holds above the 90,000 mark, further increases are expected.
Trading Ideas:
Long Position: It is suggested to go long in the 87,200-87,800 range, with a stop-loss set at 86,000 and a stop-loss position at 85,800. The target price is above 85,000, which can be flexibly adjusted according to market changes. Risk Control: It is not advisable to blindly chase after price increases before a breakout, to avoid risks from market pullbacks.
Bitcoin breaks through $89,000, Dogecoin surges over 20%, the 'Trump trade' is still effective, what is the future trend of virtual currency?
Future trends?? Only ghosts know.
Anyone who predicts trends, one and all, are fraudsters, blacklist them all...
Now is definitely not the time to enter the market; entering means becoming a retail investor!!!
This bull market will rise at least to $150,000, let this be the proof!
With Trump backing the crypto sector, other funds will certainly flood in, reaching $1,000,000 is just a matter of time.
So why has there been a rise these past few days? Here are five main reasons:
1. The 2024 US presidential election, Trump successfully returns to the White House. Anyone in the crypto space should know that Trump has always supported virtual development. Recently, he even attended a Bitcoin conference, praising Bitcoin and stating he would support the development of virtual currency.
Moreover, he declared that once in power, he would treat Bitcoin as US treasury bonds.
Now that he has finally returned, it must be good news.
2. Interest rate cuts after Trump returns. During his campaign, Trump claimed that once in power, he would significantly cut interest rates to revive the economy.
Without a doubt, if the Federal Reserve cuts interest rates, it is definitely good news for the crypto space, hence the rise.
3. Speculative funds entering the market. Whether trading cryptocurrencies or stocks, the core is speculation.
Under the heat of the US elections, many speculative funds have entered the crypto market; there’s no reason for it not to rise.
Of course, once speculative funds exit, it will drop again.
Just wait and see.
4. Why did Dogecoin rise by 30%? Because of Musk.
As Trump's biggest supporter and also the 'lord' of Dogecoin, Trump's success means Musk's success, so there’s no reason for Dogecoin not to rise.
The arrival of the altcoin season cycle is imminent, with a token list expected to explode by 20-100 times
After the important data was released in the past two weeks, mainstream coins have once again turned bullish, with significant upward momentum, reaching a new high every day. The era beginning with the number 8 has arrived! A brand new start!
BTC has broken its historical high, DOGE is surging strongly, and altcoins are fluctuating. The TON ecosystem's X has risen more than ten times since the low on the 4th.
Looking ahead, the overall trend suggests that the market will likely continue to be bullish (while also noting the risk of a pullback in the coming days of this week), but this bullish trend may not last long. Whether you can achieve your profit targets before this bull market ends depends on your actions in the next six months.
Key focus can be on the trading opportunities before January next year (when Trump officially takes office as president); perhaps Bitcoin really has a chance to challenge the $100,000 position.
Market trend analysis
Since the increase in Trump's election odds, many people have started buying DOGE, which then surged, driving the entire MEME sector. Currently, the rise is mostly led by old coins like SHIB, PEPE, and FLOKI. Among them, the NOT chain has also held up for a day or two despite criticism, with X showing the most significant increase, achieving a tenfold growth in a week.
As the old meme coins continue to rise, many retail investors will find it hard to resist trading their slowly increasing new meme coins for old ones, such as swapping from BOME, NEIRO, etc., to old meme coins. As more people swap, old meme coins will start to consolidate. At this point, the new meme coins will be cleared out, leading to a more frenzied rise.
Under the continuous influence of FOMO sentiment, more people are selling off their other slowly rising coins and rushing into the meme sector. When this situation persists for a while, the meme sector will start to consolidate overall, then pull back, entering the rotation to the next sector, such as AI, Bitcoin ecosystem, staking, and other popular sectors.
It’s only a matter of time before DOGE breaks 1 USD!!!
Dogecoin (DOGE) is a popular cryptocurrency
The ancestor of MEME coins: Dogecoin is indeed regarded as the ancestor of meme coins. Meme coins usually refer to cryptocurrencies that have emerged based on Internet culture and social media dissemination, and Dogecoin is a pioneer in this field.
Analogy between DOGE and Bitcoin: Comparing Dogecoin to Bitcoin among MEME coins, this analogy highlights Dogecoin’s leading position in the field of meme coins. However, it should be noted that there are significant differences between Dogecoin and Bitcoin in terms of technology, market value, and application scenarios.
Should you choose to put your funds in USDT to earn annual interest after making 1 million USDT in the crypto circle?
Current mainstream exchanges offer annual interest rates for USDT roughly between 5% and 10%, with some financial products potentially offering higher rates, but usually with higher risks. Assuming an investor achieves an 8% annual return, then after one year, 1 million USDT could earn 80,000 USDT, which seems quite good and is significantly higher than traditional bank interest rates.
Stability and Risks of USDT Although USDT is a stablecoin in the crypto world, it is not completely equivalent to the US dollar. USDT has a de-pegging risk, meaning it may not maintain a 1:1 peg to the dollar during extreme market conditions. Additionally, concerns regarding the transparency and regulation of USDT are also prevalent, which may impact confidence.
Putting a portion of the 1 million in USDT to earn interest and enjoy the high annual rates in the crypto world, but never putting all your eggs in one basket. Consider using a portion for diversified investments, such as allocating some to Bitcoin (BTC) or Ethereum (ETH), and putting a small part into some reliable traditional financial products. This way, you can enjoy the high returns in the crypto world while managing risk.
Let me ask you a question: How much do you want to earn in this bull market?
The altcoin season is coming soon, and I have already set up positions in several high-potential altcoins.
If you are still confused in the bull market, come find me.
Beginner's Guide to Cryptocurrency: From Zero to Advanced Trading
Basic Knowledge of Cryptocurrency 1. What is Cryptocurrency? Cryptocurrency is a type of digital currency based on cryptography and blockchain technology, allowing people to conduct secure, fast, and transparent transactions and transfers without intermediaries. Cryptocurrencies use cryptography to ensure the security and uniqueness of transactions, ensuring that data is not tampered with or stolen during transmission and storage.
Important Feature of Cryptocurrency: Decentralization Decentralization is an important feature of cryptocurrency. It means that cryptocurrencies are not controlled by any central authority or institution, but are maintained and verified by a distributed network. This network consists of many participants who all follow a set of consensus rules to reach agreement. Blockchain technology is key to achieving decentralization, as it records all transaction information, and this information is public, transparent, and immutable.
How to Buy Cryptocurrency for the First Time 1. Choose a Trading Platform When choosing a trading platform, consider factors such as availability, security, fees, and customer support, as well as multiple payment methods and strong security measures.
If you do not yet have a deep understanding of the market.
Trump has indeed shown support for virtual currencies and has mentioned Bitcoin on multiple occasions. He claimed that if elected, he would consider using Bitcoin as a means of payment for U.S. Treasury bonds, which undoubtedly brings positive expectations to the Bitcoin market. However, it is important to note that Trump's policy proposals and actual actions may be influenced by various factors, including Congress, the Federal Reserve, and international situations, so there remains a certain degree of uncertainty regarding whether his policy expectations can be realized.
The Impact of Rate Cuts After Trump's Ascendance: Trump promised to cut interest rates to stimulate the economy during his campaign. If this policy is implemented, it could indeed have a positive impact on financial markets, including the cryptocurrency market. Lowering interest rates typically means reduced funding costs, which is beneficial for enhancing market liquidity, potentially driving up the prices of financial assets including Bitcoin.
The Influx of Speculative Capital: The flow of speculative capital in financial markets is the norm, especially during significant events (such as the U.S. elections) when market volatility increases and speculative opportunities abound, attracting a large influx of capital. The entry of speculative funds can quickly push market prices higher but can also lead to significant price fluctuations as these funds may rapidly withdraw after making profits. Musk's Influence on Dogecoin: As the CEO of Tesla and a well-known entrepreneur, Musk's statements and actions have a significant impact on financial markets. He has frequently mentioned Dogecoin on social media and is referred to as the 'Dogecoin King,' which undoubtedly brings a lot of attention and speculative opportunities to the Dogecoin market. Musk's support not only increases Dogecoin's visibility but may also attract a large number of investors and speculators, thereby driving up the price of Dogecoin.
The Altcoin Season is Coming Soon!!
I currently have several high-potential altcoins in hand!!
Expected returns of at least 4-5 times!!!
If you still don't have a good strategy, come find me!!
Zhao Changpeng's Net Worth Surpasses $60 Billion Again with the Rise of the Cryptocurrency Market
After Trump announced his victory in the 2024 presidential election, the global cryptocurrency market experienced a surge, during which the net worth of Zhao Changpeng, the former richest Chinese and founder of Binance, also skyrocketed, surpassing the $60 billion mark again, joining the ranks of billionaires alongside Tesla founder Musk. According to Forbes, Zhao Changpeng's current net worth mainly comes from his holdings of Binance Coin (BNB). As the founder of Binance, despite having resigned from his position as CEO, he still controls 90% of Binance's shares. It is estimated that Zhao Changpeng holds approximately 94 million Binance Coins, accounting for 64% of the current circulating supply. However, it should be noted that these Binance Coins are not equivalent to assets that Zhao Changpeng can immediately liquidate, as most of them belong to Binance, and such a large quantity is difficult to digest in the market.
$SOL Insights: SOL Coin is on a Roll, Standard Chartered Bank Predicts a New High by Year-End
Recently, SOL Coin has performed exceptionally in the cryptocurrency market, continuously surging for nearly 7 days and successfully breaking through the previous high of $210. This strong upward trend not only brings SOL Coin's market capitalization close to the $100 billion mark but also elevates its position to fourth place in the global cryptocurrency market capitalization rankings, only behind Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
On Monday (November 11), during the early Asian trading session, SOL Coin surged again, breaking through the previous high of $210 and reaching a new high in nearly three years. According to market data, SOL Coin peaked at $215 during the early trading session, and although there was a slight pullback afterward, it remained firmly above $210.
Looking at the price chart of SOL Coin, its price has been rising continuously over the past 7 days, with a cumulative increase of 30%. This significant increase not only greatly boosts SOL Coin's market capitalization but also significantly enhances its position in the global cryptocurrency market. Currently, SOL Coin's market capitalization has reached $99.2 billion, approaching the $100 billion mark, successfully surpassing well-known cryptocurrencies like BNB and XRP.
However, it is worth noting that despite SOL Coin's impressive recent performance, it has not yet broken through its historical high of $260 set in November 2021. Nevertheless, analysts at Standard Chartered Bank hold an optimistic view on the future trend of SOL Coin, predicting that it is likely to break this historical high before the end of the year, continuing to rise about 23% from its current level.
If Standard Chartered Bank's prediction comes true, then SOL Coin will refresh its historical record once again, becoming a shining star in the global cryptocurrency market.
Let me ask, how much do you want to earn in this bull market?
The altcoin season is coming soon, and I have already laid out several high-potential altcoins.
If you are still confused during the bull market, then come find me.
Sharing of impermanence, sharing of impermanence, sharing of impermanence, advancing in code.
Overall Trend: Ethereum has also shown an upward trend recently, but compared to Bitcoin, its fluctuations may be more frequent. Currently, the price of Ethereum is fluctuating around $2900, with overall market capitalization and trading volume remaining at a high level.
Technical Analysis: From a short-term technical perspective, the price of Ethereum may face some correction pressure, but the overall upward trend remains evident. Investors need to closely monitor the price performance at various key support and resistance levels.
Operational Suggestions: For short-term operations on Ethereum, investors are advised to adopt flexible strategies. Specific short position suggestion: enter short in the 2960-2980 range, with a defensive stop at 3080, and set a stop-loss at 3100, targeting below 2880. Specific long position suggestion: pay attention to the 2720-2760 range; if the price stabilizes within this range, consider entering a long position, with a stop-loss of 50 points, targeting above 2820.
The perfect order has been arranged and is about to enter!!
Get on the bus without hesitation!!
Expected returns are 4-5 times!!
Repeat three times: without hesitation, without hesitation, without hesitation!! $ETH $NEIRO $DOGE #美联储利率决议来袭 #山寨季将至? #特朗普加密政策承诺
11.8 Bitcoin (BTC) Market Analysis Reference and Trading Ideas
Bitcoin (BTC) Market Analysis Overall Trend: Bitcoin experienced a significant increase yesterday, reaching over 2000 points. Although there was a pullback after hitting a new high, the subsequent recovery was strong, and the overall upward trend has not changed. The price continued to rise in the early morning, reaching a new historical high point, and the market has now risen to the 76800 area, with a strong bullish sentiment.
Technical Analysis: On the daily chart, the price has closed higher for three consecutive days, with support continuously moving up. The market maintains an upward trend, with all moving averages in an upward posture, and the upper track is in good condition. If the price further tests upwards and breaks through the 77000 level, the market is likely to continue its upward momentum. The overall market is returning to a new high, and the 80,000 level is just around the corner.
Trading Suggestions: For short-term trading, it is recommended to mainly focus on long positions during pullbacks; if a breakout occurs, a light position can be taken to chase the rise. Specific long position suggestion: enter long in the 74100-74600 range, with a stop-loss at 72000 and a target towards above 75300. Specific short position suggestion: enter short in the 77000-77500 range, with a target near 76500, a stop-loss at 79200, and a 300-point stop-loss.
The article may be delayed in sending, and strategic suggestions are for reference only. The market changes rapidly; regardless of how confident one is in market judgment, it's essential to manage take-profit and stop-loss properly for safety.
The divine orders are already set and about to enter!!
Uncertainty is on board!!
Expected returns are 4-5 times!!
Repeat three times: uncertainty brings, uncertainty brings, uncertainty brings!!
Ethereum (ETH) market analysis, below is the current market situation and potential trading strategies
Price Trend: Ethereum is currently priced at 2875, with the daily K-line reaching a high of 2882 and a low of 2700. This indicates that the market has experienced significant fluctuations in a short period. The price has broken through the EMA trend 120 indicator and shows a unilateral upward trend, which is often seen as a signal of market strength.
Technical Indicators: The MACD indicator shows that after a period of reduced volume, it has started to increase, with the DIF and DEA forming a golden cross and standing above the 0 axis, which usually indicates an increase in bullish strength in the market. The upper Bollinger Band has broken through the resistance level of 2810, which has now turned into a support point. This further confirms the upward trend of the market.
Four-Hour K-line: Starting from 2400, the four-hour K-line has continuously risen by more than four hundred points, showing strong market momentum. The EMA trend indicator has opened up in a net-like expansion, with EMA15 already pulled up to 2600 and is expected to continue rising to the range of 2650 to 2700 before slowing down.
Cautious Observation: Given that the market is currently in a rapid rising phase, it is recommended that investors maintain a cautious observation attitude and avoid blindly chasing prices. Wait until the supplementary rising trend ends before positioning based on market trends and technical indicators.
Pullback and Positioning: When the market experiences a pullback, consider positioning for long orders at appropriate levels. However, it is important to note that a pullback does not indicate that the market will reverse, so operations should be cautious. Based on your analysis, the potential area for long orders is below 2700 to 2750, with the defensive point set at 2650. At the same time, the stop-loss point should be set around 50 points, and the target should be aimed at 2800 to 2850, and after breaking through, it can continue to look towards 2900.
The recently positioned god orders are about to start!!