The cryptocurrency market is very quiet right now, and there’s only one reason for that: the risk control for buying and selling USDT is too strict, making it very difficult to deposit and withdraw funds; buying is hard and selling is hard.
Fraud prevention work is under comprehensive monitoring, not only focusing on apps, but also on Alipay, WeChat, and bank cards, essentially blocking the path for virtual currencies.
Currently, virtual currencies are tightly intertwined with the black and gray industries, making it impossible to distinguish between them. If you buy and sell USDT, you will definitely be subject to investigation.
Who knows what you bought it for—whether it's for trading cryptocurrencies, online gambling, or some kind of fraud…
1. Sell rising coins and hold on to losing coins Many people are eager to cash out when they see a little profit, but they will never make a lot of money. On the contrary, they can hold on for a long time when facing losses. However, there is an unwritten rule in the cryptocurrency circle: the better the currency rises, the more it tends to rise, and the worse the currency falls, the more it tends to fall. It's like a pond, with less water in and more water out, and over time, even the largest pond will dry up.
2. Can't control your hands and always operate with full positions Many people don't give themselves time to breathe. Even if they just come out of profit, they immediately invest in another currency. They firmly believe that as long as they work hard enough, they can make endless wealth. However, the cryptocurrency circle is different from other places. It is obviously unrealistic to want to win every time. It pays great attention to timing. As long as you seize a big opportunity, you don't have to worry about not making money. In a bad market environment, always operating frequently will only lead to losses. Operating with full positions is particularly dangerous. Especially when the market falls sharply, you will realize how happy it is to operate without full positions.
3. Impulsive trading, always chasing ups and downs It is difficult for human nature not to be affected by market sentiment. Seeing other currencies rising, it is like missing out on 100 million. In the face of a decline, I always want to buy at the bottom and pick up bargains, but this mentality often makes me buy at the top of the mountain or halfway up the mountain.
Keeping rational is the key. I often say to myself, why do I want to take action? What is its logic? This good habit has saved me a lot of trouble.
If you don’t know how to screen strong coins, then I suggest you follow me. Whether it is spot or contract, a slight move may be your limit. The opportunity is very short, so you must seize it! Success is not based on luck, choice is greater than hard work, and the circle determines destiny. In the currency circle, in addition to having a sharp eye for judging the situation, you must also keep up with a good team and a good leader. Follow me and you will be halfway successful in the currency circle! You can receive the latest free articles in the currency circle every day. The articles are good and can be shared with everyone!
Pay attention to the position of 669.7 for BNB today. Only if it holds above this position can we expect a rebound at the hourly level, with resistance/target levels to watch around 678.9-688.2-696.7!
If today’s rebound cannot hold above the position of 669.7, it indicates that this rebound is relatively weak, and we should continue to look for support levels around 656.4-642.4-628.2!
The market has dropped again, Bitcoin can't hold above 101500, and Ethereum can't hold above 3700, so it won't go up. If it breaks down and bounces back, the trend will fail, and it will continue to drop.
In the current situation, everyone understands without saying much; during the day, there was a rebound, but it fell back down again. To go up, we need to look at the strength of the rebound. If the rebound strength is too weak, it simply won't go up. There are two scenarios: it either moves sideways or drops further.
At night, there are no other coins to watch; we mainly have to look at Bitcoin's performance. With just a 3-point drop for Bitcoin, altcoins are basically plummeting. True love is capital; stay away from altcoins!
The secondary market is struggling, but the $kheowzoo zoo remains strong; a powerful community is always your strong support. Continue building the $kheowzoo zoo. We walk side by side on the road to success.
Shiba Inu price at an inflection point, why still buy SHIB despite whale sell-offs?
The price of Shiba Inu has dropped over 10% today, falling 22% within a week, as some early SHIB whales profited from meme coins, including Shiba Inu coin. As CoinGape warned last week, the price fell to the level of $0.000024. However, the SHIB technicals are preparing for a Santa Claus rally, as the meme token might not fall further below the low of $0.0000234. Shiba Inu whale sell-off On-chain data platforms have issued alerts about whale sell-offs worth millions of Shiba Inu coins. This triggered panic selling among SHIB holders, leading to a double-digit drop in the price of Shiba Inu on December 19.
The market will not give you too many opportunities. After 24 years, you will basically not see anything below 100,000. This may be a significant contribution made by Powell for cryptocurrency investors before his retirement.
Pay attention to the 697.3 level for BNB today. Only if it stabilizes above this level will a rebound start in the 1-hour timeframe. For resistance levels/targets, pay attention to the areas around 705.4-711.1-719.7! If today's rebound does not stabilize above the 697.3 level, it indicates that this rebound is relatively weak, and we should continue to look for support levels around 686.4-677.6-668.6!
BNB had a small rebound in the evening. During the night, pay attention to the position at 713.5. Only if it stays above this position, the 1-hour level will still be rebounding. The resistance/target levels to watch above are around 719.7-728-737! If it breaks below 713.5 during the night and cannot stay above this position again, then this 1-hour level rebound will fail and turn bearish, continuing to pull back to support levels around 705.1-697.4-688.5!
The Federal Reserve's interest rate decision tonight, a 25 basis point rate cut is basically set in stone. It depends on whether Bao is dovish or hawkish tonight, and the dot chart for 2025. I can't stand it anymore, you stay up late to watch the fireworks (explosion), good night.
The method of seeking a sword by carving a boat is fundamentally just comforting oneself! This bull market will be unprecedented in history! It is also a magical bull-bear market coexisting with both!
In the past, everyone worked together, with the leaders guiding the younger ones! Now it's the spring for the 'big brother' and the winter for the 'younger brothers'. The 'big brother' eats meat, the 'second brother' drinks soup, and the 'younger brothers' aren't even allowed to drink the soup!
While BTC has repeatedly reached new highs, altcoins have been drained, especially the meme coins I mentioned, which get quickly dumped as soon as the market rises a little.
Recently, many families playing contracts have become numb, especially those who bought coins that don't rise with the market. Watching other coins go up while the ones they hold are falling and losing money is very frustrating. When the market drops, altcoins fall even faster, which is quite helpless.
At this time, the importance of choice is highlighted. When the liquid market is exhausted, one should choose coins with strong capital. Even if the market isn't looking great, the rebound will definitely be the fastest and strongest.
Disdain for memes, but how many of these coins on Binance can compare to the spot-traded SHIB, PEPE, FLOKI, NEIRO, and PNUT? The only one that's impressive is GMT, but that was two years ago, and it's still the only one. However, memes can uncover a large number of impressive options. Let's take a look at their carefully selected VCs; how many are still above the opening price? Almost all have been on a downward trend since the opening. He Yi really is used to speaking nonsense with his eyes wide open; it's always the same. It's just that there are many who flatter him, while others are unaware of the nonsense being spoken.
The reference period is 1D. During the pullback phase, you can wait for an effective rebound in the daily K at the 0.92 area before entering the market. The two upward targets above are: TP1: 1.3 area, TP2: 1.66 area.