For many new fans, most people trade blindly, following hot coins and the rise rankings.
They may not even have a psychological expectation for retracement points or target points, going with the flow, anxiously moving forward, like gambling. I can only say that trading like this, losing a little each time, will ultimately turn you into market fertilizer, going to zero.
If you are also like this, click on my profile and follow my introduction. As a professional trader and a seasoned player in the crypto world, I believe some of my suggestions can definitely help and provide you with references!

Christmas is approaching! Will Bitcoin continue to decline?

Today is December 23, 2024, Monday. Bitcoin and Ethereum continue to fall, but altcoins show some resistance to the decline. After the market stabilizes, altcoins are expected to have a nice rebound. From the liquidation charts of the exchanges, the recent long positions in the futures market have been almost completely liquidated. Even if Bitcoin drops to $85,000, it can only trigger $1.17 billion in liquidations; conversely, if Bitcoin rises to $105,000, it could liquidate $2.4 billion in short positions. After the lowest point, a rapid decline will surely lead to a rebound. In the short term, if Bitcoin retests the previous low of $92,000, as long as it does not break below, I personally believe there is a high probability of a rebound.

Historically, from January to April of the year following Bitcoin's halving, there has been a good upward trend, as was the case in 2017 and 2021. I believe this bull market will not be an exception, so it's hard to buy a bull's return; cherish the recent pullback.

In this bull market, Ethereum is much weaker than Bitcoin. From the daily chart, Ethereum's candlestick has three consecutive bearish days and is showing a trend of retesting the previous low. In the short term, if it retests, pay attention to the previous low support level of $3,100. Even if it breaks below that, it will likely only pull back to around $3,000. Ethereum's rise will not end so easily; the decline is for a better rise. The significant drop is to wash out the market, making most people lose confidence, allowing the main players to better push up the price. Therefore, those who want to bottom fish Ethereum can do so in batches near and below $3,100. A rapid decline will surely lead to a rebound; most people's cost basis is in this range, and panic will cause many to sell. After the adjustment, Ethereum is expected to challenge the previous high resistance level of $3,600, so cherish the opportunity to buy at low prices!

"If you are blindly guessing trends in the market alone, you will always be counterproductive! If you lack technical and news support and only look at the decline rankings and popularity rankings to trade, then it will not last long! You can follow my profile and pinned posts to discuss and analyze the current market together, and go further and last longer in this market!"
#币安Alpha公布第5批项目 #币安LaunchpoolBIO #圣诞行情分析 $ZEN $PEPE $XRP

Powell says the Federal Reserve is not allowed to own Bitcoin and does not consider including Bitcoin on its balance sheet. How should this be interpreted?

Virtual currency does not possess unlimited legal tender status, nor does it have an issuing entity, which means it cannot collect seigniorage. The value of virtual currency comes from its utility value, which is a reliable and real-time verifiable payment network that does not rely on third parties for transactions. Its additional value is that wealth obtained through gray or illegal means can be transferred via virtual currency without going through official channels.

Which government would support something that fundamentally conflicts with its own interests? First, it cannot collect seigniorage; second, it cannot be effectively regulated and can conveniently transfer funds globally? Not to mention incorporating virtual currency into the balance sheet; some even believe Bitcoin will become a reserve currency. This is akin to the Song Dynasty sending warmth to the heroes of Liangshan or the salt tax inspector providing high-temperature subsidies to those engaged in the illicit salt trade. It does not interfere with your trading of coins, but please do not come up with violations of basic common sense, as this makes virtual currency appear more like a scam.

According to the BitcoinTreasuries website's statistics on the Bitcoin holdings of major entities worldwide, the U.S. government currently holds the most Bitcoin. Among these governments, those at the top have not purchased Bitcoin, most of which were confiscated from criminals. Their holdings were all confiscated from offenders.

United States: Holds 213,246 Bitcoins

China: Holds 190,000 Bitcoins

United Kingdom: Holds 61,000 Bitcoins

The U.S. government confiscated over 200,000 Bitcoins through three different law enforcement actions between November 2020 and 2022. These Bitcoins are mainly stored in encrypted and password-protected offline cold wallets controlled by the U.S. Department of Justice, IRS, or other agencies. China confiscated 190,000 Bitcoins in the PlusToken Ponzi scheme case in 2020.

"If you are blindly guessing trends in the market alone, you will always be counterproductive! If you lack technical and news support and only look at the decline rankings and heat rankings to make trades, then you will not last long! You can follow my profile and pinned homepage to arrive early; I, along with everyone, will discuss and analyze the current market situation, to go further and last longer in this market."
#比特币市场波动观察 #本周微策略是否继续增持BTC？ #圣诞行情分析 $PNUT $ZEN $USUAL

#比特币战略储备 #ETH再度冲击4K
Midday Bitcoin and Ethereum market strategy, significant profits on long positions, continue to go long on intraday pullbacks

On December 15, the midday article analysis provided a Bitcoin long position at 10.16 and an Ethereum long position at 3870. The midday market saw a minimum pullback to 10.15/3830, allowing for perfect entry points for long positions with maximum profits of 5000/200 points. Congratulations to friends who followed the operations. For how to operate during the current short-term rise and fall, please see the following analysis.

From the daily chart, Bitcoin showed a small bullish candle yesterday along the MA5/10 daily moving averages. Today, the price continues to rise to the high point of 10.66. The overall trend remains bullish; on the 4-hour chart, the price is breaking through previous high point resistance along the MA5/10 daily moving averages. Pay attention to long opportunities on pullbacks to the 5/10 daily moving averages. On the 1-hour chart, pay attention to whether the MA10 daily moving average (10.45) serves as effective short-term support as the price rises and falls. For operations, maintain long positions on pullbacks.

From the daily chart, Ethereum also formed a bullish candle yesterday, keeping the overall price above the MA5/10 daily moving averages. Although it briefly pierced the $4000 mark, it could not hold steady. Today, pay attention to the breakout and stabilization at the $4000 level. If it stabilizes, it will continue to rise and break through the previous high of 4090, or wait for a chance to catch up.

The above is my personal intraday market analysis. For more real-time strategies and free guidance, click on my profile to find me. Welcome to exchange and learn together!
$SUI $PEPE $ENA

——Good news for HY players——
Bitcoin/Ethereum market analysis and operation strategy

Bitcoin/Ethereum market has been rising for the past two days and has fluctuated sideways at a high level again. The trend has been strengthened to a certain extent. The short orders that were arranged the day before yesterday also reached the target position and stopped profit during the decline the night before yesterday, which can be seen in the previous section. The market rose again in the morning, and Bitcoin directly broke through 102000 to around 1026660, but the upper 103000 was also the first time to break through 104600 and retreat under pressure. Especially when it rose close to the pressure and the new high, there was no need to chase more. Although Ethereum has also risen in the past two days, the overall trend is not particularly strong. After rising in the evening of the two days, it began to fall back, but the market is still in a narrow range of fluctuations, with pressure on the upper side and support on the lower side.

There are certain signs of shock consolidation in the Bitcoin/Ethereum K-line pattern. Long lower shadows and upper shadows appeared on the daily line, indicating that the market is fiercely competing between the long and short sides. In terms of technical indicators, the current DIF and DEA of MACD are both positive and gradually rising. The MACD bar chart is red and expanding, indicating that the short-term upward trend is strengthening. The subsequent support below is not broken and the bullish trend remains, but it needs to face certain adjustments in the short term, not to mention that the weekend market has a certain repair space.

In terms of operation, short orders are entered near 102500 to 103000 for Bitcoin, with a target near 100000;

Short orders are entered near 3940 to 3970 for Ethereum, with a target near 3870.

At present, the market is mainly in waves, and the publication is effective, with real-time guidance as the main focus. The article strategy is limited, and no real-time reminders are given. For more real-time questions, click on my avatar and follow my profile to find me. In this bull market, let's all reach the peak together
#币安LaunchpoolVANA #VELODROME将上线币安 $SUI $AVA

Good news, BTC is going to rise. Bad news, shorts bought. Warehouses blown up. $BTC $ETH

Watching dancing one second, and going to the rooftop the next

🔥【Breaking News】
Galaxy Digital spends 1 billion ETH to acquire CryptoManufaktur!
Galaxy Digital, the big boss in the blockchain field, has just announced a jaw-dropping deal - they used Ethereum worth about $1 billion as a bargaining chip to directly "marry" CryptoManufaktur, the leader of blockchain node operation! 🎉
With $1 billion in Ethereum, how many cold wallets would it take to pile up? Galaxy's move not only soared its total assets to $3.3 billion, but also gave it the wings of "enterprise-level technology" in the field of blockchain infrastructure and staking. It's going to fly higher! 🚀
💪 Zane Glauber, the head of Galaxy blockchain infrastructure team, said: "We at Galaxy are going to rapidly expand blockchain infrastructure, improve pledge capabilities, and provide enterprise-level technical care and support to every corner of the digital asset ecosystem!" This is true
🤔 But then again, behind this transaction, is Galaxy also hiding its foresight on the infinite possibilities of blockchain in the future? After all, in this era of "linking" everything, whoever can control more nodes will have a more advantageous position in the future digital world. Galaxy's move is undoubtedly a declaration to the entire industry: We are going to play this game seriously!
#Galaxy收购CryptoManufaktur #区块链大事件 #以太坊新动向
#以太坊ETF批准预期 #WazirX黑客事件 $BTC $ETH $BNB

SEC Chairman warns of cryptocurrency risks, where should investors go?
🔔 SEC Chairman Gary Gensler recently issued a warning statement on social media, specifically targeting those "mimi coins" that celebrities have been promoting, such as Dogecoin, Shiba Inu, and PEPE. Gensler questioned whether the SEC's warning during the congressional crypto legislation discussion had ulterior motives, sparking considerable controversy in the industry.
🔥 Ripple CEO Brad Garlinghouse called Gensler a "technophobe" and believed that the SEC's strategy was too restrictive on innovation. And Gensler's former employee Slavkin Corzo has just joined the policy firm Stypes, which has made everyone more concerned about the "revolving door" phenomenon between regulation and the private sector.
⚖️ The SEC's goal is to protect investors while promoting innovation, but balancing the two is not easy. Some people advocate stricter regulation to prevent fraud, but others believe that excessive regulation will force crypto companies to leave.
📉 As the crypto industry expands, Gensler's warning and the SEC's actions will have a profound impact on U.S. digital asset regulation. Investors, please do your research and act with caution!
#SEC败诉 #Gensler #投资风险 #以太坊ETF批准预期 $BTC $ETH $BNB

【Big Counterattack! 】
WazirX took action after the cyberattack, and more than 500 exchanges jointly blocked the hacker address!
🔥 Shocking news: WazirX acted quickly after the cyberattack and contacted more than 500 exchanges to block the identified hacker address! This large-scale linkage is like a super counterattack in the movie!
⚠️ WazirX not only reported the case, but also reported the incident to the Financial Intelligence Department and the Indian Computer Emergency Response Team (CERT-In). They also posted on the X platform that they will continue to provide the community with the latest progress.
🔍 Currently, WazirX is working with forensic experts and law enforcement agencies to track the stolen funds, recover customer assets, and conduct in-depth analysis of this cyberattack. Several exchanges have already cooperated and provided resources to assist WazirX in its recovery efforts.
💪 WazirX's strong counterattack shows the determination and unity of the cryptocurrency community in the face of hacker threats. Friends, the security protection of the cryptocurrency community is being upgraded, and everyone can rest assured!
#WazirX黑客事件 #以太坊ETF批准预期 #币安HODLer空投BANANA #山寨季何时到来？ $BTC $ETH $BNB

【Shocked! Scroll Ecological Lending Platform Rho Markets is suspected to have been hacked! 💥】
🛑 Just now, Scroll Ecological Lending Platform Rho Markets issued an emergency announcement on the X platform: "We have detected abnormal activities on the platform and are currently investigating. During this period, we will suspend the platform and keep the community informed of the progress of the investigation. After everything returns to normal, the platform function will be enabled again."
🔍 Everyone, if you have recently operated on Rho Markets, please pay attention to the security of your assets! Hacker attacks are really hard to prevent, so everyone should be more careful and stay alert.
🔒 I hope Rho Markets can find out the cause as soon as possible and resume normal operations. At the same time, it also reminds other platforms to improve security measures to protect the safety of user assets. We will also continue to pay attention to the progress of the incident and update the latest news in a timely manner.
#WazirX黑客事件 #scroll #黑客攻击 #以太坊ETF批准预期 #资产安全 $BTC $ETH $BNB

Tokens worth $132.49 million will be unlocked next week
Token Unlocks posted on the X platform that $132.49 million worth of tokens will be unlocked from July 22 to 28, including:
ALT (42.08%) - $104.17 million;
ID (4.29%) - $8.53 million;
YGG (3.74%) - $7.25 million;
ENA (0.87%) - $7.01 million;
AGIX (1.32%) - $5.18 million.
#以太坊ETF批准预期 #币安HODLer空投BANANA #美国大选如何影响加密产业？ #美国6月CPI大幅降温 #美联储何时降息？ $BTC $ETH
$BNB

Pu San Ge Basic Operation
Shiba Inu has recently become the focus of attention due to the cybersecurity breach at WaxirX, India's leading cryptocurrency exchange, which resulted in trillions of SHIB being stolen. In response to this incident, Lucie, a member of the Shiba Inu team and head of marketing, said: "I sincerely hope that all SHIB holders can get their money back and WazirXIndia can solve this problem." Lucie further emphasized that although the amount of SHIB stolen from the platform is staggering, it is insignificant compared to the total amount of SHIB.
Shiba Inu members encouraged SHIB holders during the WazirX security breach
#以太坊ETF批准预期 #币安HODLer空投BANANA #美国大选如何影响加密产业？ #WazirX黑客事件 $BTC $ETH $BNB

ETH supply is about 122,373,866, and EIP1559 has burned about 4,346,348
According to Etherscan data, the current ETH supply is about 122,373,866, of which about 2,196,666 are in PoS staking, and about 4,346,348 have been burned by EIP1559.
#ETH🔥🔥🔥🔥 #ETH🔥🔥🔥🔥🔥🔥 #ETC正在申请ETF #ETH收益 #ETH大涨 $BTC

$ETH $BNB

Criminal: Already honest
Hahahaha
Venezuelan criminal organization Tren De Aragua sanctioned by OFAC for suspected cryptocurrency money laundering
The Venezuelan criminal group "Tren De Aragua" has been listed by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) as a transnational organization engaged in illegal activities such as kidnapping, human trafficking, and extortion. The U.S. Treasury Department also stated that the organization used cryptocurrency to launder its criminal activities to a certain extent.

#以太坊ETF批准预期 #美国大选如何影响加密产业？ #币安HODLer空投BANANA #WazirX黑客事件 #币安7周年 $BTC $ETH $BNB

A look at the important developments at noon on July 19
7:00-12:00 Keywords: Wintermute, Pixelverse, WazirX, Tornado Cash
1. Trump announced his acceptance of the Republican presidential nomination;
2. Grayscale spot Ethereum mini ETF fees dropped to 0.15%;
3. People familiar with the matter: Crypto market maker Wintermute is in financing negotiations;
4. Pixelverse announced the PIXFI token airdrop plan, with an airdrop allocation of 30% in total;
5. WazirX: The attack was a force majeure event, but efforts are being made to track and recover funds;
6. CryptoQuant founder: Bitcoin retail investor demand is at a three-year low;
7. Source: Some members of Biden's cabinet have discussed whether it is time for him to withdraw from the campaign;
8. Tornado Cash received more than $1.8 billion in deposits in the first half of 2024, a 45% increase from last year.
#以太坊ETF批准预期 #币安HODLer空投BANANA #美国大选如何影响加密产业？ #WazirX黑客事件 #币安7周年 $BTC $ETH $BNB

A new dawn
Chen Haolian: Strive to submit the draft of the regulation of legal currency stablecoins to the Legislative Council for deliberation before the end of this year
Hong Kong Financial Services and the Treasury Bureau Deputy Secretary Chen Haolian said at the Legislative Council Web3 and Virtual Asset Development Subcommittee meeting that the authorities are currently drafting the second draft of the regulations on the implementation of the legal currency stablecoin issuer supervision system in Hong Kong, and strive to submit the draft to the Legislative Council for deliberation before the end of this year.
#以太坊ETF批准预期 #币安HODLer空投BANANA #美国大选如何影响加密产业？ #WazirX黑客事件 #山寨季何时到来？ $BTC $ETH $BNB

Domestic exchanges are nowhere in sight
Tsk tsk
HKX's application for a Hong Kong virtual asset trading platform license was withdrawn on July 17
According to the updated data on the official website of the Hong Kong Securities and Futures Commission on July 18, HKX's application for a virtual asset trading platform license submitted to the Hong Kong Securities and Futures Commission was withdrawn on July 17.
Relevant information shows that the company name of the virtual asset trading platform operator submitted by HKX is "hi5 (Hong Kong) Limited", and the Chinese name is not applicable. OKX first submitted an application for a virtual asset trading platform license to the Hong Kong Securities and Futures Commission on February 29, 2024.
So far, the Hong Kong Securities and Futures Commission has announced that a total of 12 applicants have withdrawn and returned virtual asset trading platform licenses, of which 1 has been returned; the number of applicants on the list of virtual asset trading platform applications is 16, of which 11 are considered to be licensed virtual asset trading platform applicants; the list of licensed virtual asset trading platforms is still 2.
#山寨季何时到来？ #美国大选如何影响加密产业？ #以太坊ETF批准预期 #币安7周年 #美联储何时降息？ $BTC $ETH $BNB