📊｜Everyone, take a look at the USDT exchange rate in Hong Kong

This is a great summary of the convenience of Hong Kong. You can directly exchange HKD, USD, and RMB on the spot with the U of the exchange
#香港加密货币ETF

📊｜Believe in yourself, believe in cryptocurrency

Although I have heard about Hong Kong's support for cryptocurrency, it is far less shocking than what I saw with my own eyes

🔻I have witnessed with my own eyes that the journey of cryptocurrency has been full of sadness. The most difficult thing is that it is not understood by relatives and friends around me. Everyone thinks that they are being scammed by a Ponzi scheme. The most difficult time was also at that time. It happened to be a bear market, and the previous profits turned into floating losses. At this time, people around me came to accuse me of not listening to the old people, and I suffered losses in front of me, etc.

🔻For newcomers who entered the market this year, you should be experiencing what I said before. What I want to say is that fortunately I insisted on my beliefs. Although there is a short pullback now, I have seen all kinds of storms along the way. The exchanges were closed in 2017, but I survived.

🛑Now it is just a temporary correction and all kinds of panic are spreading. I don’t think it is necessary to be so exaggerated. If you are trapped in the spot, just be trapped. For the contract, you must set a stop loss to accept the loss. Don’t be unable to accept this loss and then win it back immediately next time and lose the big because of the small.
#BTC下跌分析 $BTC

Although I had heard about it before, I was still shocked to see it with my own eyes
#香港加密货币ETF

📊｜Don’t be lured in by a slight rebound

🛑The downward trend has not yet ended. Please refer to the current $ETH large cycle trend. Don’t be lured in by a slight rise. Don’t be too greedy to do multiple swings in this current shock.

🔻Set a stop loss for the swing you do, and refer to the halving profit-keeping strategy in the previous article.

It is worth noting that you should not feel that it is a pity to be stopped when you see the price rise back, and then rush into the market and chase the long position again and get killed. If you are stopped, wait for this period of market to end, and then see
#德国政府转移比特币

If I had known about the last bull market, I wouldn't have thrown away the takeaway box so early. Now I have to buy another one for 150 yuan.
#德国政府转移比特币

📊｜It's quite annoying, why not try this safe strategy

In the current market, most people are shouting short, the bears are coming, countless retail investors are panicking and closing their positions to accept defeat, and those who are still unwilling to accept failure and do not set stop losses to resist will eventually lead to a liquidation

🔻Now for copycats, there are still many people who are implementing the idea of ​​bottom-fishing, but the more they fish, the more they fall. It is far from the bottom, so why not try the most suitable strategy in the current environment.

For example, the following, at the time, $ALT 0.13 encountered support, thinking it was the bottom, chose to chase in and set a stop loss, set a stop loss that I could accept the loss, but the market continued to fall, and the stop loss was hit to retain the vitality.

✨Then in the next wave of 0.11 support, choose to chase in again, and also set a stop loss. At present, it has warmed up a little, so I will sell half of my position and keep half to chase, and the fall will not hurt the profit
#德国政府转移比特币

As early as June 18, I said that once ETH falls below the support at 3400, the next new support will be at 2800

Don’t do it if you don’t have a good profit and loss ratio
#非农就业数据即将公布

📊｜ETH tracking trend

📌Just now, $BTC and $ETH broke the support again, causing 110,000 longs to be liquidated, and the amount of liquidation reached 310 million US dollars

The cottage industry has started a landslide, and it has not fallen to a new low, especially the L2 system, $OP has fallen to 1.55, reaching the top position line

🔻Based on the views of the previous two days, it is undoubtedly confirmed that it is bearish but not short-selling. The general trend has not changed, so the best way is to wait and see. You can refer to the previous analysis of ETH in July.

Respect the market, be wary of those kols who shout orders randomly, and have your own subjective judgment on any information and opinions.
#以太坊ETF批准预期

📊｜Latest Analysis of ETH in July

📌Based on the principle of following the general trend and going against the minor trend, we use hourly, daily and weekly charts to analyze the current position of ETH and how to operate properly

🔻First, we use the weekly chart to determine the trend. It is obvious that the weekly chart is about to form a McDonald's double top shape

Like this situation, the long risk is relatively large, but everyone is more willing to believe that the ETH spot ETF can be officially traded smoothly in July. Therefore, there are still many retail investors who blindly follow the trend. Xiaomai reminds everyone here that brothers who go long must set a stop loss and don't lose the big for the small

🔻After the trend is determined, let's look at the daily and hourly charts. It is obvious that the current volatile market is supported by 3400. According to the trend of the big cycle, we are actually not suitable for going long now. Friends who want to go long are still advised to wait until this trend is over before seeing whether there are more or less. I am still the same, bearish but not short🈳

After watching ETH, you can also choose to wait and see the layout of L2🫰🏻
#以太坊ETF批准预期

📊｜Can the launch of Snowbridge change the current situation of dot?

It is well known that traditional bridges need to rely on third parties, which may bring security risks.

📌Snowbridge is a trustless bridge between Ethereum and Polkadot, aiming to connect the seamless interaction between the two blockchains. In short, it makes the exchange of funds between Ethereum and Polkadot safer and simpler.

💡Features:
Snowbridge is completely decentralized and does not need to rely on multiple signatures and third parties. It uses beefy light client to realize bridge connection, making the cost of deploying bridges on Ethereum lower while ensuring security.

This is a crucial upgrade for the Polkadot ecosystem. Before this, all Ethereum asset inflows needed to rely on third-party signed bridges to complete. In the Polkadot ecosystem, all the parachains and dApps into which these assets flow are restricted in the trust model due to the existence of these third parties, which to some extent undermines the value proposition of Polkadot itself

♦️In general, the launch of Snowbridge makes it possible for Ethereum and Polkadot to interact across ecosystems, which is of great significance to Polkadot. From now on, Polkadot officially opens a new chapter and embraces Ethereum
#以太坊ETF批准预期

📊｜ALT's offensive and defensive situation has changed. I didn't lie to you.

📌Yesterday afternoon, I posted a message to tell everyone that it's time to stop profit. Then the overnight decline made the entire currency circle bearish and bearish, and everyone thought that there would be another month of decline in July.

Anyway, I don't care what will happen in July. I will first look at the current decision. If you also think that the end of July will also be a decline, then you can delete the exchange now. Wait until the end of July to come back.

🔻At present, $ALT is still falling. Now it has broken the support. We have to wait for new support to appear. According to the Fibonacci golden section line, the new support will be around 0.153. We can ambush one hand around 0.153
#美国5月核心PCE物价指数年率增幅创2021年3月以来新低

📊｜Offensive and defensive situation changes

As mentioned above, liquidity is poor on weekends, and the profit and loss ratio is generally not suitable for operation. Unless it is ultra-short-term

🔻If $ALT has been sideways like the previous weekends, I will choose to wait and see. I just saw it in the afternoon, and it gave me an opportunity to enter the market and go long.

🔻Now the offensive and defensive situation has changed, choose to stop profit
Observe later, this band cannot be tracked
#山寨季何时到来？

📊｜$SOL This wave, many people should be trapped

I have already said in the previous article that this wave of market makers using news to push up prices is likely a trap to push up shipments. Remind everyone not to chase high prices and get trapped

🔻The crypto market is weak this week, and it has entered the weekend with a downward trend. In addition, the US stock ETF is closed, and BTC liquidity has deteriorated.

Conservatives do not recommend any operations. If you have to do it, it is recommended to do ultra-short-term operations and calculate the profit and loss ratio before entering the market.
#VanEck提交首个SolanaETF

📊｜Don’t rush to enter the market, ⚠️Please pay attention to 20:30 tonight

PCE data will be released at 8:30 tonight. PCE price index

Expected 2.6%, lower than expected will be positive
#美联储何时降息？

📊｜Lista, the leader of BNB ecosystem re-staking, is the son of Binance

📌Where is the future investment space for Lista?

1️⃣The investment lineup is strong, Lista DAO is invested by Binance Labs, and the on-chain staking yield is considerable

2️⃣The total supply of Lista tokens is 1 billion, and the current circulating supply will be 230 million. For the token distribution of this coin, the team only distributes 3.5% of the total tokens, while the community distributes 40% of the total tokens. This team is very conscientious, which largely avoids the possibility of the project party dumping the market and running away.

3️⃣$LISTA Token holders not only have voting rights, but can also vote on key governance decisions of the protocol.

4️⃣In addition to staking Lista to convert to veLista to obtain votes and income, the more important component of Lista DAO is liquidity staking. Converting BNB to slisBNB can obtain considerable income.

🔻In summary, building a position at the current low point and then staking until the next year's bull market is high is also a very profitable operation.

#Lista启航新纪 @ListaDAO

📊｜SOL rises strongly again, VanEck applies for Sol ETF

📌Asset management company VanEck applied to sell Solana ETF, the first such registration in the United States, and just six days after 3iQ applied for a similar product in Canada.

The S-1 registration form filed with the SEC helped boost the 24-hour gains of the SOL token to nearly 8%. The CoinDesk 20 Index (CD20), which measures the broader crypto market, rose 1.8%.

🔻Matthew Sigel, head of digital asset research at VanEck, expressed his views on Solana in an article, arguing that SOL has similar functions to other digital assets such as Bitcoin and Ethereum, treating it as a commodity rather than a security. Sigel mentioned that SOL is used to pay for transaction fees and computing services on the blockchain. Based on the competitive advantages of the Solana blockchain over Ethereum, such as scalability, speed and low cost, VanEck applied for the Solana ETF.

🔻The SEC approved the first spot Bitcoin ETF in January, and the launch of an Ethereum ETF also looks imminent. Analysts expect that an ETH ETF could attract up to $5 billion in five months.

🔻Experts predict that if the ETH ETF is approved, SOL could be the next token to be included in such a fund, as its similarity to Ethereum classifies it as a commodity. However, serious discussions on such products are not expected to begin until 2025. In addition, Standard Chartered analyst Geoffrey Kendric mentioned Ripple's XRP as a possible option.

♦️Solana currently has 2-3 times the number of daily active users compared to the same period last year, close to the peak of the 2021 frenzy. Solana's DEX trading volume has even surpassed Ethereum several times this cycle as it has become the home of memecoin trading. Solana's innovation engine is running hot, and technical advances such as zk compression and user-friendly features such as Blinks are laying the foundation for wider adoption, and we can see that Solana's network effect is taking root in real time.

Solana’s impressive progress cannot be ignored. The entire ecosystem is thriving in unique ways. This parallel adoption is a win for cryptocurrency users because it accelerates innovation and moves the entire industry forward
#sol板块 #VanEck提交首个SolanaETF

📊｜ETH at sunset?

📌With the continuous development of the Ethereum network and the increase in the number of users, its transaction speed and expansion problems have gradually become prominent. To solve these problems, L2 solutions emerged. L2 tokens, such as Arbitrum (ARB) and Optimism (OP), effectively improve the transaction speed and scalability of Ethereum by using technologies such as side chains, state channels, or zero-knowledge proofs.

🔻Although the current data shows that the overall performance of ETH L2 is now declining, $OP , $ARB , etc. have all fallen back to the prices during the bear market last year.

🔻But over 60% of DeFi’s total value locked is on Ethereum, proving that Ethereum is the foundation for countless applications and chains. Ethereum is scaling with L2s like Base, which has seen widespread adoption this year and offers users significantly lower gas fees thanks to the recent Dencun upgrade.

Although the performance of L2 is now declining, the Ethereum system still accounts for a quarter of the encryption market. Except for BTC, no ecosystem has the market share of ETH

♦️To sum up, for investors, both Ethereum and L2 tokens have significant investment potential. Ethereum is the core foundation of the entire blockchain ecosystem, and its long-term value is obvious. L2 tokens, as a key element of scalability in the Ethereum ecosystem, also have huge growth potential. Given that the current role of L2 tokens in the Ethereum network may be undervalued by the market, this may provide additional investment opportunities for investors.
Ethereum remains the dominant force in the cryptocurrency space

🔹Picture source: @SJ Crypto

📊｜What progress has Crypto made in the first half of 2024?

♦️The first quarter of 2024 is undoubtedly brilliant. Since the approval of BTC spot ETF in January, it has opened the channel for Wall Street funds to flow into the crypto market. Hong Kong followed closely and officially started trading crypto ETFs on April 30.

🔻And $BTC did not disappoint. From 30,000 US dollars to 70,000, it pushed the crypto market, which had been silent for 2 years, to a climax again, allowing all traditional finance to re-examine Crypto.

🔻The most obvious feeling comes from relatives and friends around me. At this time last year, when talking about BTC, they were still saying that BTC was a financial fraud. However, after March this year, they all took the initiative to ask me how to download the exchange.

🔵Of course, the first half of the year was not completely smooth sailing. Since breaking the new high in March, it has also experienced the 413/14 black swan and the 618 coin price discount. BTC has also drawn five doors.

The experience of the copycats is even worse. Since breaking through the new high in March, they have been falling all the way, and the market value of most copycats has been cut in half. Now the prices of copycats have also fallen back to the bear market level, but it is precisely because of this that we have the opportunity to make arrangements now.
#以太坊ETF批准预期

📊｜The first principle of trading, small cycles follow large cycles

Since June 7, $ALT has broken through two major support lines of 0.349 and 0.268, and the stop loss I set in the direction of entry is also based on the support, and those brothers who did not set stop losses were not spared and suffered heavy losses

🔻According to the Fibonacci large cycle chart, the next round of support is now at 0.152, according to the principle of small cycles following large cycles. The current decline in the large cycle has not changed, and the one-hour small cycle has not changed the decline. The short position can be placed near 0.155, and the long position, wheat will be placed near 0.153 to go long based on support🫰🏻
#山寨季何时到来？

📊｜How to seize the opportunity in the current altcoin situation

📢: On the 24th, just as everyone was on their way home from work after a busy day, a long needle pierced the entire currency circle and made them doubt the existence of the currency. BTC and Ethereum completed the door, and the altcoins hit new lows one after another

🔻The current decline has caused most altcoins to fall back to the prices during the bear market, except for some new coins. Traditional old coins like $DOT , $XRP , etc. have fallen back to the prices during the bear market. It seems that the previous wave of rise was just a flash in the pan

🔻Facts have proved that this time, BTC has stolen the limelight, and has continuously gained more and more attention and market share during its rise. Many traditional finances have changed their views on the crypto market for this reason, making BTC stand out again, leaving altcoins far behind

Now most of the altcoins have fallen back to the price during the bear market, but the trend of some altcoins is very similar to that in the first half of 21. For example, $OP , ALT, ARB, etc. all experienced a rise in January, February and March, breaking new highs and then reaching the top, and then fell all the way to June, and then climbed again and broke new highs again

♦️With the ETH spot ETF about to be officially approved for trading, it is the best choice to lay out the Ethereum system. I think the altcoin season will be late but will definitely not be absent. Brothers who are trapped, hold on. Don't forget that the last bull market was also like this

Refer to the figure below👇🏻👇🏻👇🏻The trend of the last bull market
#山寨季何时到来？