Da Piaoliang has taken action to regulate ETH and wants to define ETH as a security.

What will it mean if the United States really defines ETH as a security?

Is it bullish or bearish?

The United States intends to define ETH (Ethereum) as a security, which has sparked widespread discussion in the currency circle. How will this change affect the market?

ConsenSys, an Ethereum infrastructure development company, strongly opposes this. They point out that Ethereum is a global computing platform and Ether is a commodity rather than a security. The company is worried that this move will lead to the loss of years of work, the loss of billions of dollars in economic value, and may even cause large-scale unemployment.

ConsenSys listed four reasons to refute the SEC's decision:

1. Historical position: The SEC made it clear in 2018 that Ethereum does not meet the standards of securities.

2. CFTC classification: The CFTC has always regarded Ethereum as a commodity.

3. Decentralized characteristics: Ethereum is decentralized and is fundamentally different from securities. Consensus

4. Mechanism transformation: ETH's transition from PoW to PoS has no direct connection with securities laws.

If ETH is defined as a security, there may be four major impacts:

1. Strengthened supervision: ETH will be subject to stricter securities regulations, which may restrict trading freedom and increase compliance costs.

2. Market uncertainty: Investor confidence may decline and capital may flow out.

3. Innovation is hindered: The speed of innovation and development in the Ethereum ecosystem may be hindered.

4. Trading restrictions: ETH may only be traded on specific, regulated trading platforms, affecting market liquidity and accessibility.

Compliance in the currency circle is an inevitable trend, but there is no need to be too anxious. Pay attention to market dynamics and rational investment is the key.

Brother Chuang is currently studying a relatively good coin, which is expected to rise by more than 30% in the short term.
I will take you to eat meat before joining us!
Don’t ask me why I don’t do it myself or take my family and friends to do it. If you ask, I will be a contemporary Lei Feng!
In the bull market, you must survive. At the same time, you must be bolder.

Deduct 8 from the comment area to bring you into my circle for free🌹! Please do not disturb me!
Brother Chuang will not let my fans miss out in this bull market! 👈This is the truth!
#BTC走势分析 #BB空投 #TON #BOME #TRB

Big event in the cryptocurrency circle!
Are you still holding this coin? Run!

The FTX bankruptcy hearing is scheduled for today (October 7, 2024, 10:00 AM EST) in Delaware and will play a key role in determining how the company's remaining $16 billion in assets will be redistributed to creditors. The hearing is a key step in FTX's ongoing Chapter 11 process to address the consequences of the company's collapse.

With debts exceeding $16 billion and 36,000 creditors making claims, it is unlikely that today's hearing will result in immediate payments to these creditors. Smaller creditors (i.e., those with claims of less than $50,000) hope that the matter will be resolved as soon as possible. The asset valuation date is a key issue because the value of the cryptocurrency holdings in FTX's assets can fluctuate, so delays in payments can be expected.

Four former FTX executives are currently serving prison sentences for their roles in the exchange's collapse. They include:

Sam Bankman Fried (Founder/CEO): Convicted of fraud, conspiracy and money laundering.

Carolyn Ellison (CEO of Alameda Research): Charged with wire fraud and conspiracy to commit securities fraud.

Gary Wang (Co-founder and CTO): Charged with wire fraud and conspiracy. The CTO’s sentence was reduced for cooperating with the investigation.

Nishad Singh (Director of Engineering): Charged with wire fraud, securities fraud. The director’s sentence was reduced for cooperating with authorities.

The current court-supervised liquidation process aims to repay the huge $16 billion debt owed to creditors and prioritize repayment based on the creditor hierarchy. The debt repayment system under Chapter 11 bankruptcy proceedings is very complex because there are different categories of creditors - institutional traders, individual traders and employees are all vying for repayment rights.

Under the plan established by FTX, eligible customers with assets of $50,000 will receive repayment of up to 118% of the value of their assets, and 98% of users are expected to be fully repaid. The repayment time is set to be issued within 60 days after court approval, and the repayment will be paid in US dollars based on the valuation at the time of bankruptcy.
Follow me and you will become both a winner and an expert in investment!
#sui链 #ftx #sol板块 #BTC☀ #加密市场反弹

Many of us have experienced bull and bear markets; bear markets have caused many people to suffer heavy losses and mental breakdowns;
Family, let’s talk about how we should deal with the cryptocurrency bear market today.

Extreme price declines over a long period of time are a difficult test for investors, and cryptocurrency prices have fallen by as much as 50% in a few months. But investments do have their depreciation times, and bear markets are what we must face. When everything seems to be losing money, every investor should take the following four actions.

One: Don’t panic sell.

It’s tempting to reduce losses in the face of a sharp price drop, but selling at this time will not benefit when prices rise, and it also violates the rule of buying low and selling high. Although it is difficult to grasp the market timing, selling at a loss will lock in losses. Take a deep breath and think about the reasons why you invested in cryptocurrency in the first place. If the investment thesis still holds, it’s not the time to sell.

Two: Think long-term.
Focusing on long-term goals can keep us in the right perspective when prices fall. Cryptocurrencies are unstable, and we should look at the history of Bitcoin prices. Although it has fallen sharply several times, it has always recovered and set new highs. If the investment period is 5 to 10 years, it is easier to hold during turbulent times.

Three: Use this time to research.
Instead of focusing on the decline, it is better to spend time researching cryptocurrencies or improving investment skills. You can learn about a certain crypto field or passive income opportunities. For example, I learned more during the bear market and also did operations such as staking coins.

Four: Consider buying on dips.
Although "buying on dips" is common, it is not suitable for everyone. Prices may fall further, and you can buy in stages, which is the cost averaging method. But be careful not to buy blindly because the price is low. If you don't have extra cash, your portfolio is already highly exposed to cryptocurrencies, or you don't have time to research, don't buy, there will be lower points.

Finally, the bear market reminds us to manage risks, invest only funds that can afford to lose, ensure that cryptocurrencies only account for a small part of your investment, and have a diversified portfolio so that even if one asset performs poorly, it will not cause financial disaster.
Follow Chuangge; you will become both a winner and an expert in investment!
#ETH🔥🔥🔥🔥 #sui链 #BTC☀ #sol板块 #WLD🔥🔥🔥

#BTC☀
It was said long ago that $60,000 is the starting point of the bull market;
You didn’t dare to enter the market at $60,000; you thought it would fall back at $61,000, and you thought it was a trap at $62,000; what about now?

If Bitcoin fails to break through the $64,000 resistance zone, it may fall again. The immediate support level on the downside is around $63,500.

The first major support level is around $63,000, which is the 50% Fibonacci retracement level of the upward move from the swing low of $62,324 to the high of $63,949 or the trend line. The next support level is now around the $62,500 area. If the price falls further, it may fall to the $61,800 support level in the short term.

But even if the partners enter the market at 62,000 and get 66,000 or 69,000, there is no problem at all! Follow me and you will become both a winner and an expert in investment!
#加密市场反弹
#ETH🔥🔥🔥🔥
#sui链
#sol板块

This guy is so annoying!
The funding rate has increased from 0.36 to 1.8;
The funding rate alone is enough for me;
Is the challenge of 18U to 1000U a failure?

There are still two hours before the funding rate is settled. Brothers, do you think you can hold on until then?
#9月小非农数据高于预期
#sui链
#BTC☀
#ETH🔥🔥🔥🔥
#sol板块

#BTC☀
Is it an opportunity to enter the market now? This is a question that many partners are concerned about;
The current price of Bitcoin is around $62,196; it is the leader of cryptocurrencies. If it fails, is there any hope for altcoins? Since the direction has been determined, let alone breaking through new highs; 6.6K and 7K are no problem!

Bitcoin's price trend in the past two weeks has once again highlighted its high volatility. At the end of September, Bitcoin soared from $53,500 to a high of $66,000, but fell back to $61,000 in early October, fully demonstrating its unpredictable nature.

Last week, Bitcoin broke through $66,000, setting its first high since June. It initially hit a low of $53,000 in September and then broke through the high of $64,500 in August. The formation of this high point has led to a change in the profitability of short-term and long-term holder groups, and more and more Bitcoin has entered the long-term holding threshold.

During the recent rally, many tokens purchased near the all-time high of $73,780 have now been held for more than 155 days, which has turned many previously losing tokens into long-term holders. While only 6.54% of long-term holders are losing money, they account for 47.4% of all losing tokens. While this may not bode well for these long-term holders, this is actually quite common during re-accumulation phases, as seen during 2013, 2019, and 2021. History shows that this tends to trigger price increases.

On the other hand, profitability for short-term holders has increased significantly. There are still a large number of tokens held short-term with a cost basis between $53,000 and $66,000. The recent rally has pushed profitability for short-term holders to over 62%, and it is worth noting that profit taking is now 14.17 times the amount of loss taking. As a result, the financial pressure on short-term holders has now been reduced, and many have an incentive to continue holding.
Follow Chuangge; you will become both a winner and an expert in investment!
#非农人数大幅升温
#灰度拟推出AAVE信托基金
#sui链 #sol板块

#sui链
There is a very common problem in the cryptocurrency circle!
Partners are extremely concerned about how to withdraw money;
Not how to explore the direction and strategy of making money;
Does it mean that everyone in the cryptocurrency circle has made hundreds of thousands, millions, or tens of millions of dollars?

I think these people really need to wake up;
They are still thinking about entering the bridal chamber before they even have a chance to make money;
Don’t put your wife’s money into it;
Today is the third day of Chuangge’s 18U challenge to 1000U;
Currently, the pool has 70U, and a DIA short order has been opened, with the goal of doubling;
I found that the funding rate of this coin is so high!
Partners, do you think Chuangge can succeed?
Follow Chuangge;
Let you become both a winner and an expert in investment!
#非农人数大幅升温 #BTC☀ #ETH🔥🔥🔥🔥 #sol板块

The bull market is about to start, and the cottage season is coming!
Many fans are asking me that the bull market is about to start, when can I buy the bottom!
A new round of sustained bullish bull market is about to start, and at the same time, the real cottage season will follow. This wave of market will start as early as the first half of next year, and may kick off in the middle of the year at the latest.
In the face of the upcoming opportunities, I will continue to invest in batches of cottage spot that has entered the bottom of the shock in the last two months of 2024, and buy on dips. No matter how the market fluctuates in the next two months, I will firmly hold the chips bought at the bottom and wait for the arrival of the big market next year.
The current cottage market trends vary, and the time stages of entering the bottom of their own cycles are also different. Which cottage to buy the bottom of, and whether the cottage has entered its own bottom, depends on personal choice and judgment. I can only share the analysis of the market and the direction of my personal judgment, and it is difficult to unify the explanation.
When the market enters the end of the bottom, there is no need to pursue accuracy. The vague correctness in direction is often more valuable than short-term accuracy. Buying at a relatively low price bravely and selling at a relatively high price firmly in the future is your way to victory.
Follow Chuang Ge; you will become both a winner and an expert in investment!
#BTC☀ #ETH🔥🔥🔥🔥 #sui链 #REEF #BNB金鏟子

Every cryptocurrency trader has his own way of analyzing the market;
Are you eager to find the mysterious indicator that allows you to accurately buy the bottom?

If you are confused by the complex K-line chart, then the net inflow and outflow of funds may be the beacon you have been looking for for a long time. However, this key indicator does not seem to have received due attention, and few people have analyzed it in depth.

On the coinank platform, you can easily find this treasure indicator. Please remember that whether the price rises or falls, the most fundamental driving force is always the flow of funds. Funds are like the pulse of the market, and every beat indicates the direction of the future.

If you can capture the subtle changes in the market through the complex data, then congratulations! You may have mastered a key to open the door to wealth. This key will lead you through the fog of the market and find your own wealth oasis.

In the investment journey of Bitcoin, the net inflow and outflow of funds is undoubtedly an indicator worthy of your in-depth study. It can not only reveal the true trend of the market, but also become a strong basis for your investment decision.
Follow Chuangge; you will become both a winner and an expert in investment!
#非农人数大幅升温 #ETH🔥🔥🔥🔥 #BTC☀ #sui链 #REEF

#加密市场急跌
Come back quickly, the bulls are back!
Have you guys gotten out of the trap?
The evening strategy is profitable again, and it is precisely controlled;
The current market;
Although the currency circle has skyrocketed across the board,
There will definitely be a correction;
Brother Chuang has a unique way to deal with it, only taking one or two times the profit, not greedy.
It has been distributed to internal partners.

I am Brother Chuang, a blogger who focuses on contract content. It is better to teach people how to fish than to give them fish. Here, Brother Chuang, whether novice or expert, the currency circle investors will not only gain financial benefits, but also the growth of investment knowledge and experience.
Follow Brother Chuang; let you become both a winner and an expert in investment!
#非农人数大幅升温
#BTC☀
#ETH🔥🔥🔥🔥
#sui链

The whole network is waiting for the non-agricultural data at 8:30;
Because there are too many people waiting to get out of the trap, it can be seen that this wave of market is crucial.
But the data is not so ideal;

The current market is about to change. Are you ready to welcome the possible "pin-in" market? It is very likely that the situation of pulling up first and then smashing will occur. A careful review will find that every non-agricultural market seems to be "painting the door".

If you are a trading expert and can cut in from the left, you may have a chance to achieve wealth freedom tonight, but this requires a fast enough hand speed to make the right judgment at the moment of the pin-in. Brother Chuang has a unique way to deal with this kind of big data, only taking one or two times the profit, not greedy. It will be distributed to internal partners later.

I am a blogger of Brother Chuang who focuses on contract content. It is better to teach people how to fish than to give them fish. Here, Brother Chuang, whether novice or expert, the investors in the currency circle will not only gain financial benefits, but also the growth of investment knowledge and experience.

In the process of following Chuang Ge's investment, Chuang Ge will provide investors with market analysis ideas, basic knowledge of market analysis, and methods of using various investment tools. He will also provide wonderful fundamental interpretations, sorting out the chaotic international situation, and identifying various investment forces.
Let you become both a winner and an expert in investment!
#加密市场急跌 #9月小非农数据高于预期
#BTC☀ #ETH🔥🔥🔥🔥 #sui链

BTC $60,000 a key starting point?

Recently, Bitcoin has rebounded in the market, and the profitability of short-term holders has improved significantly, which has relieved investors who bought during the price increase.

Currently, Bitcoin is trading at around $61,600, staying above the 4-hour 200 moving average (MA) of $60,302, showing some stability. But the price is still below the 4-hour 200 moving average of $61,687, giving traders mixed signals.

For bulls to regain momentum and start a rebound, the price must decisively break through the 4-hour 200 MA and surpass the local supply zone of $66,000. Such an upward trend is crucial to establish a bullish trend and enhance the confidence of market participants.

However, if Bitcoin fails to hold above the 4-hour 200 EMA, the outlook may change dramatically. A break below this support level could trigger a pullback, with prices dropping to a lower demand area around $57,500, which could unsettle investors and increase bearish sentiment in the market.

Where will Bitcoin go in the future? Can $60,000 or above really be the starting point for a significant rise in the market?

Follow Chuang Ge; make you both a winner and an expert in investment!

#加密市场急跌

#9月小非农数据高于预期

#BTC☀

#ETH🔥🔥🔥🔥

#sui链

#BTC☀
Bull market cycle accelerates by 100 days!

Bitcoin may be about to break the traditional four-year cycle and enter a super cycle, driven by institutional adoption, BTC exchange-traded funds (ETFs) and changing market dynamics.

Bitcoin's four-year cycle is closely related to the halving event, which usually has a significant impact on BTC prices. Historically, the bull market peaked between 518 and 546 days after the halving. This time, Bitcoin is about 100 days ahead, and the potential peak may be between mid-May and mid-June 2025.

Factors such as Bitcoin's increasing correlation with traditional assets and increased institutional adoption.
The five most active sectors in the crypto industry, memecoins and Ethereum lead. However, some sectors have suffered serious market value losses, and storage, lending and privacy sectors have been hit the hardest.

In addition, the United States continues to lead the global crypto user base with a 17% market share, followed by India and Brazil. Bitcoin remained the world's most popular currency in the third quarter. What is the future trend of Bitcoin?
In the world of cryptocurrency, which is full of uncertainties;
We must remain calm and rational;
Only then can we move forward steadily in the storm;
Follow Chuang Ge; you will become both a winner and an expert in investment!
#加密市场急跌
#非农就业数据即将公布
#ETH🔥🔥🔥🔥
#sui链

Big news!
See you tonight! The most important global macroeconomic data for the National Day holiday is about to be released...

The following is Wall Street's latest median forecast for various main indicators and key sub-indicators of non-agricultural employment compared with the previous month; as well as JPMorgan Chase's five scenarios for post-non-agricultural market performance:

The seasonally adjusted non-agricultural employment population in the United States is expected to increase by 140,000 in September, compared with 142,000 in the previous month;
The unemployment rate in the United States is expected to be 4.2% in September, compared with 4.2% in the previous month;
The employment participation rate in the United States is expected to be 62.7% in September, compared with 62.7% in the previous month;
The average hourly wage in the United States in September will increase by 3.8% year-on-year, compared with 3.8% in the previous month;
The average hourly wage in the United States in September will increase by 0.3% month-on-month, compared with 0.4% in the previous month.

New non-farm payrolls between 140,000 and 160,000: S&P 500 expected to rise 0.75%-1.25%

If the non-farm data falls within this range, it will be in line with the consensus expectations of market participants, while still within the "Goldilocks scenario" set by JPMorgan Chase, that is, the economy continues to grow at a rate that supports corporate earnings expectations without reigniting inflation. Nevertheless, job growth in this range is still not enough to ease investors' concerns about a potential recession.

New non-farm payrolls between 110,000 and 140,000: S&P 500 expected to fall 0.5%-1.5%

If the employment figures fall within this range, it will likely reignite concerns about economic growth and trigger market arguments that the Fed is behind the curve and too slow to respond to the budding recession. In this scenario, defensive assets will perform well and US Treasury yields will fall.
In the world of cryptocurrency, which is full of uncertainties;
We must remain calm and rational;
Only then can we move forward steadily in the storm;
Follow Brother Chuang;
You will become both a winner and an expert in investment!
#加密市场急跌
#非农就业数据即将公布
#BTC☀
#ETH🔥🔥🔥🔥
#sui链

#BTC☀ Big news!
Smart money is already taking action!

Grayscale deposited 547.437 bitcoins to Coinbase Prime 6 minutes ago. In addition, Grayscale deposited 553.914 bitcoins to another address. Shows large institutions adjusting their positions in the crypto market.

Although Middle East risks may cause Bitcoin prices to fall, investors should view this as a buying opportunity as Donald Trump's chances of winning the US presidential election continue to rise.

Current concerns about Middle East risks seem to push Bitcoin prices below $60,000 before the weekend, but now is the time to buy at a low price. This creates an interesting cycle for Bitcoin, as geopolitical concerns will depress prices, but these concerns seem to increase Trump's chances of winning, which may improve Bitcoin's post-election prospects.

In the world of cryptocurrency, which is full of uncertainties;
We must remain calm and rational;
Only then can we move forward steadily in the storm;
Follow Brother Chuang;
You will become both a winner and an expert in investment!
#加密市场急跌
#非农就业数据即将公布
#伊朗导弹袭击以色列
#sui链

Today's thoughts:
Ethereum ETH is the leading coin of altcoins;
At present, it can be said that it has both certainty and profit and loss ratio. At a price of 2300+, let alone 4k, it should not be a problem to look at 2.8 or 3k, right?

When there is certainty and profit and loss ratio, what else do you need to worry about? You know, if Ethereum doesn't work, then 90% of other altcoins will not have much to do.

So, whether altcoins can take off or not, you have to be optimistic about Ethereum; don't spray Ethereum while looking forward to the take-off of altcoins, isn't this contradictory?

[Price trend analysis]
K-line pattern:
The recent price has shown a downward trend, especially from October 1 to October 3, there have been obvious continuous negative lines. On October 2 and October 3, a long lower shadow was formed, indicating that there is a certain amount of buying support at a low level.

Technical indicators:
MACD: Currently in the negative area, and both DIF and DEA diverge downward, indicating that the short-selling force is dominant.

RSI: Currently, the RSI value is close to 30, entering the oversold zone, but it has not stayed there for a long time. It is necessary to observe whether there will be a rebound.

EMA: The short-term EMA (7) has crossed the medium- and long-term EMA (30,120), and the price is running below EMA (7), showing strong downward pressure.
Trading volume:

Trading volume increased significantly from October 01 to October 03, accompanied by price declines, indicating heavy selling pressure.
Trading volume has decreased in recent cycles, which may indicate that market sentiment is becoming cautious.

Buying point 1: 2300 USDT (close to the previous low, there may be support)
Buying point 2: 2250 USDT (integer level support, and a lower buying opportunity)
Buying stop loss point: 2235 USDT (slightly lower than buying point 2, to prevent further decline risk)

In the world of currency, which is full of variables;
We must remain calm and rational;
Only then can we move forward steadily in the storm;
Follow Chuang Ge;
Let you become both a winner and an expert in investment!
#加密市场急跌
#伊朗导弹袭击以色列
#BTC☀
#ETH🔥🔥🔥🔥
#sui/usdt

The Fed spoke again!

It is extremely important to invest in real-time information in the cryptocurrency circle;

The unrealized news is just an illusion and can change at any time;

Chicago Fed President Austan Goolsbee has recently made a series of speeches. On inflation, Goolsbee sounded optimistic, saying that the latest inflation data is in line with the Fed's goals. He also pointed out that the labor market is at full employment, which shows that the central bank's efforts to curb price increases have been successful. "We have significantly reduced the inflation rate," Goolsbee said, noting that price increases have been brought under control after months of aggressive monetary tightening.

Speaking of interest rates, Goolsbee downplayed the importance of the extent of future rate cuts. "A 25 basis point or 50 basis point cut is not as important as a big cut to reach a neutral rate in the next 12 months," he said. This statement shows that the Fed is focused on gradually adjusting interest rates, neither stimulating nor restricting economic growth, rather than gradually reducing interest rates.

In the volatile world of the cryptocurrency circle, we must remain calm and rational in order to move forward steadily in the wind and waves.

Follow Chuang Ge and you will become both a winner and an expert in investment!
#加密市场急跌
#伊朗导弹袭击以色列
#非农就业数据即将公布
#sui/usdt
#BTC☀