December 12th, Daily Thoughts for December 9th
The technical indicators are also very clear, with prices oscillating around 100,000 recently. The daily K-line shows signs of a high-level pullback, with a long upper shadow appearing intraday, indicating significant pressure above. In the 4-hour cycle, the DIF and DEA are close to the zero axis, and the MACD histogram has turned from negative to positive and then back to negative again, indicating a tug-of-war between bulls and bears in the short term. Currently, the RSI value is hovering around 50, not entering the overbought or oversold zones, indicating a relatively balanced market. The current price is below the EMA7 but still above the EMA30 and EMA120, showing a weak short-term trend but still an upward long-term trend. Therefore, in terms of operation, Boyan suggests maintaining a bullish stance.
Currently, the overall trend direction is such that the daily line has reached the top pressure position of the Bollinger Bands, with the market gradually starting to pull back. The daily Bollinger Bands are gradually narrowing, with support rising from below. We are currently focusing on the first support near $97,000 and the second support at $91,800, which are positions we need to pay attention to in a declining market. For Ethereum, we need to monitor $3,660 and $3,230. From the current trend, the overall market has not yet formed a bull-bear conversion, but we need to prepare for unforeseen circumstances.
Operational Suggestions:
Bitcoin: Long around 9,800-9,850, target looking at 9,900-9,500.
Ethereum: Long around 3,850-3,880, target looking at 4,020-4,050.
#美财政部称BTC“数字黄金” #粉丝代币板块普涨 #Meme齐涨 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH

🚀【Trump Returns Next Month, Will These 5 Major Cryptocurrencies Make You Rich Overnight?】💥

🌍 With the news that Trump may regain control of the White House next month, the cryptocurrency market has instantly boiled over! An unprecedented wealth feast may be about to unfold. These 5 major cryptocurrencies will become your golden keys to financial freedom!🗝️

1️⃣ $DOGE - Dogecoin, Elon Musk's favorite!🐶

Current price is only $0.43, but it may soar next month! Musk not only publicly supports it, but even abbreviated a new government department as D.O.G.E. Dogecoin has strong liquidity, high trading volume, and a stable trend. After Trump takes office, its popularity will surely reach new heights, and getting rich overnight is not a dream!💸

2️⃣ $PNUT - Squirrel Coin, a top choice for long-term investment!🐿️

During Trump’s election, it surged 400% in two days! Now the price is only $1.38, with low volatility, making it an excellent opportunity for buying low and selling high. After Trump takes office, Squirrel Coin's popularity will surely reignite, and a second explosion is just around the corner!📈

3️⃣ PEPE−The fighter jet among meme coins!💪

PEPE not only has a large fan base but also shows great potential in DeFi projects and NFT platforms. It has the ability to create its own ecosystem, and a 10x increase is by no means a pipe dream! Although now may not be the best entry point, I will keep a close eye on it, and once the timing is right, I will inform you immediately!🔍

4️⃣ XRP−The standout in the payment industry!💳

Donations boosted Trump during the election, and after he was elected, it surged directly to $2.9, hitting a three-year high! XRP is a standout in the payment industry!💳 Donations boosted Trump during the election, and after he was elected, it surged directly to $2.9, hitting a three-year high! XRP−The standout in the payment industry!💳 Donations boosted Trump during the election, and after he was elected, it surged directly to $2.9, hitting a three-year high! XRP focuses on payment functions, and if Trump implements it as a cryptocurrency payment method after taking office, its price could be limitless!🚀

5️⃣ Marvin & Mysterious Potential Coin - Dual Stars on the Ethereum Chain!🌟

As a potential coin on the Ethereum chain, Marvin may appreciate by 30% in the short term! And I also have a mysterious potential coin in hand that is expected to skyrocket by 50-100 times before the end of the year!🔍💸#Marvin #1MBABYDOGE热度升 #美财政部称BTC“数字黄金” $1MBABYDOGE $DOGE

The market will be quoted soon. Everyone be careful!
It's about to reach the bottom of the triangle. #Meme齐涨
White basin operation suggestion 99000 line, see 102000/105000#1MBABYDOGE热度升 #美财政部称BTC“数字黄金” #BTC能站稳10W吗？

Zhao Youdao: The morning operation of Ethereum is recommended to collect rice! #美财政部称BTC“数字黄金”

The callback will take you up 🚗, and the callback is not expected to be very strong. For white pots, you can refer to 98800/9930 to go long. Ethereum is long at 3950/70. The target is above 100,000. Ethereum is above 4,000. #Meme齐涨 #美财政部称BTC“数字黄金” #BTC能站稳10W吗？ #山寨季怎么布局？

The two-handed preparation discussed at noon, if we have together, give a shout. Successful people do not fight unprepared battles#币安HODLer空投MOVE #美财政部称BTC“数字黄金”

$USUAL
My thoughts on this coin
I've been dragging my feet for two days, but tomorrow there is hope!!!! It might double before the official trading starts, and once it does, we can really get started!! Patience is key!!
#粉丝代币板块普涨
#美财政部称BTC“数字黄金”
#Meme齐涨

The market trends on Saturday and Sunday will be slower
​Need to wait patiently
​Waited all morning
​Suggested going long near 99300
​But there was no strength to go down
​Directly went long near 99600
​Exited at 100200
​Gained 600 points of space
​Overall, it looks good
​Market trends during holidays will be relatively slow
​You can go out for a walk to relax!

At present, from the perspective of four hours, the market is still in a sideways fluctuation. The Bollinger Bands are starting to shrink, and the accumulation of momentum is about to end. The high is imminent. The long orders arranged in the morning can still be held patiently. We can still operate around low and long.

Pie is around 99400-99600 and is expected to be 101500
Auntie is around 3870-3890 and is expected to be 4000#Meme齐涨 #美财政部称BTC“数字黄金” #比特币走势分析

#美财政部称BTC“数字黄金”

From the perspective of the computing power required to mine Bitcoin, how much should Bitcoin be worth? I calculated it and it is about $400,000 per coin

Analyzing the theoretical value of Bitcoin from the perspective of mining costs. This is a very interesting perspective.

From the basic economic principles of Bitcoin mining, in the long-term equilibrium state, the price of Bitcoin should at least cover the marginal cost of mining. Let's analyze step by step:

1. Main cost composition:

Electricity cost: This is the main operating cost
Mining equipment cost: Including depreciation and maintenance
Cooling and site costs
Manpower and management costs

2. Key variables:

Network computing power: determines the difficulty of mining
Electricity price: It varies greatly from region to region, ranging from $0.03 to $0.10/kWh
Mining machine efficiency: Take the latest mining machine as an example, such as Antminer S19 XP, the efficiency is about 21.5 J/TH

3. Let's do a specific calculation:

Assuming that a newer mining machine is used, in an area with moderate electricity prices (US$0.05/kWh):

Electricity cost per mining machine per day:

140 TH/s × 21.5 J/TH × 24 hours × 3600 seconds × US$0.05/kWh ÷ 3600000 = about US$7.2

Other costs such as equipment depreciation account for about 40% of the total cost, then:
Total daily operating costs = 7.2 × (1 + 40%) = about $10/day

The average amount of Bitcoin that can be mined per mining machine per day:
(144 blocks × 6.25 BTC × 140 TH/s) ÷ total network computing power

The current total network computing power is about 500 EH/s (data from April 2024)
= (144 × 6.25 × 140) ÷ (500 × 10^6) ≈ 0.0000252 BTC/day

4. Therefore, to achieve a break-even:

Minimum Bitcoin price = daily cost ÷ daily output = 10 ÷ 0.0000252 ≈ $396,825

So from the perspective of mining costs, the reasonable price range of Bitcoin may be between $400,000 and $500,000. However, it should be noted that this is only an analysis from a cost perspective. The actual market price is also affected by many other factors, such as: market supply and demand, participation of institutional investors, changes in regulatory policies, performance of alternative investment products, overall market sentiment, etc.

$BTC

At 4:00 AM, Bitcoin once again stood at the 100,000 mark, but did not stretch continuously as usual. It is evident that this time, although there was a breakthrough, the momentum was not as strong as before. Therefore, it was judged at that time that there was a possibility of a false breakout, and it was suggested that everyone short for a while. Looking back now, that thinking was relatively correct. Bitcoin reached a high of around 10,400 and then began to pull back.
The daily chart for Bitcoin is still in a high position with a doji star. The slight stretch in the early morning was also pulled down again by the bears. Now the moving averages are starting to turn downwards, and the four-hour bearish candlestick has engulfed the previous bullish candlestick. Short positions are taking profits as expected, and in the morning, we continue to look down in line with the trend, first checking the strength of the bearish movement.

Bitcoin short at 100,000, watch 99,000
Ethereum short at 4,020, watch 3,950

From the daily chart perspective, there has not yet been a significant bullish candle, presenting a continuation pattern of an upward trend. Therefore, it can be inferred that the subsequent market is likely to maintain a high-level oscillation pattern. Judging from the larger trend, the overall market is still in a bullish trend.

Although there was a swift spike in the market on December 5, causing many investors to be washed out, we can consider 100,000 as a new starting point, or the 0 starting position, as there will inevitably be repeated oscillations around this price level.

The daily pressure levels are around 105,000 and 112,000, while the support levels are around 99,200 and 96,500. Analyzing the hourly chart, it shows a narrow oscillation trend.

For short-term operations, one can consider going long near 99,200 with light positions, and 98,500 can also be considered as a support level. Since there is no apparent trend in the smaller timeframes, one might attempt to short when the price approaches 102,000.

Hong Kong is vigorously promoting the Web3 industry!

Joseph Chan, Chairman of the Silk Road Economic Development Research Center, candidly pointed out that Trump's policies could change at any moment, undoubtedly bringing significant challenges to the market. Against this backdrop, Hong Kong is actively advancing Web3 and the digital economy, hosting a series of "Belt and Road" forums to explore how blockchain can serve as a catalyst for trade and development.

Chief Executive John Lee emphasized the importance of tokenizing real assets and pointed out that this process has begun to show its impact in Hong Kong's financial sector, laying a solid foundation for future economic models. However, cryptocurrency regulation in Hong Kong still needs to be strengthened to keep pace with global developments. With the new Chairman of the U.S. Securities and Exchange Commission taking office, the market is filled with anticipation for changes in regulation. There is also a belief that within the next decade, Hong Kong will play a larger role in the global cryptocurrency market, becoming a pioneer leading the trend and attracting more international capital and innovative enterprises.

In this trend, Puppies, as the concept dogecoin of Musk, shines like a brilliant new star,迎來無限機遇. This vibrant community not only actively organizes various charitable activities but also established the Puppies & Marvin Foundation, allowing every holder to become a promoter of change and inject positive energy into society. Each event is like a grand party, enabling community members to feel each other's support and hope, inspiring everyone to work together to create a better future.

Currently, the market value of Puppies has exceeded 15 million USD, and the number of holders has been growing rapidly, surpassing 15,000 people. With the arrival of altcoin season, Puppies has quickly become the new favorite among investors, attracting more and more attention and enthusiasm. This is not just an investment opportunity, but a community movement, allowing every participant to feel the joy and sense of achievement in co-creating the future.

Whether you are a newcomer or a seasoned player, Puppies will bring you endless surprises and hope. Let’s set sail in this ocean of cryptocurrency, explore the unknown possibilities, and create our own future! 🚀✨

$TRX $SHIB $LINK

Please recognize #puppies , ETH chain tail number 6eb2

#1MBABYDOGE热度升 #美财政部称BTC“数字黄金” #山寨季怎么布局？ #meme板块关注热点

Bitcoin's Early Years Booth Photo Exposed: Poorly Arranged, 100 Coins Giveaway, Now Worth 72 Million

A photo of a Bitcoin booth from 2012 recently went viral online. The booth looks very simple, just a QR code and the words "Register Wallet to Get 100 Bitcoins". At that time, these 100 Bitcoins were worth about 1200 USD, and now they have skyrocketed to 7.2 million USD (approximately 72 million RMB). Behind this photo lies the legendary journey of Bitcoin from obscurity to wealth.

Back in 2012, Bitcoin was only worth 12 USD each. The 100 Bitcoins promised at the booth were worth a total of 1200 USD. But who would have guessed that by December 2024, it would rise to 100,000 USD each? Calculating this, the 100 Bitcoins that one could casually obtain by scanning a code and registering a wallet are now worth 10 million USD, or 72 million RMB.

Looking at Bitcoin's mining rewards, they have truly diminished year by year. From the original 50 Bitcoins, it is now down to 6.25, and by 2024 it will be halved again to 3.125. This has forced those who made their fortunes through mining to seek other avenues.

Looking back at that 2012 booth photo is truly nostalgic. That seemingly shabby booth gave passersby a priceless gift. Unfortunately, most people did not take this "gift" seriously and missed the chance to become wealthy overnight.

The promoters at the exhibition were also in a tough spot. They had to repeatedly explain what blockchain is, what mining is, and what a digital wallet is. But most people were left confused, feeling that this thing was too ethereal compared to the tangible RMB.

This 2012 booth photo not only records an important moment in Bitcoin's development but also witnesses a shift in an era. It shows us that opportunities often arise in the most ordinary ways, and the choices made at that time often influence one's future trajectory. Perhaps this is the most interesting aspect of fate: when opportunities arise, no one knows how the seemingly mundane choices will lead to earth-shattering changes many years later.

Breaking News: Amazon shareholders ask the company to explore adding#Bitcointo its coffers.

First Microsoft, now Amazon.

Next Apple... and then every board of directors. #美财政部称BTC“数字黄金” $BTC

$BTC No one's life is smooth sailing; failure and setbacks are also a necessary journey in life. We all must go through such ups and downs, facing storms fearlessly, in order to reach the other shore and shine.

The strong rise on Monday morning successfully got me on board, but then it reversed and washed out, with the layout directly hitting the target!

In terms of the current rhythm, the four-hour level is under pressure and retracing compared to the upper track of the small cycle, receiving short-term support in the mid-track area to stop the decline! At this stage, the overall running channel of the small cycle is gradually narrowing and showing a parallel state of development. Additionally, the MACD indicator in the auxiliary chart shows a significant volume increase, successfully driving the coin price to experience a large bearish retracement, with moving averages turning downward. There is still a demand for further declines in the structure of the small cycle, so future operations will focus on short selling in response to minor rebounds at high positions!

BTC: Short in the 100000-100500 area, target 98800-98400! $ETH $BTC #山寨季怎么布局？ #BTC能站稳10W吗？ #美财政部称BTC“数字黄金” #粉丝代币板块普涨

There's something here, brothers. If you want to place an order, go and pay homage!

The big pie is long at 99500, 98616 is out, 900 points are won, and 7000 oil is pocketed!

Ether 3932 is a long line, 3891 is out, 59 points are won, and 3000 oil is pocketed! #美财政部称BTC“数字黄金”

The intraday market is in a tug-of-war, with Bitcoin peaking at 10.1 and falling to a low of 9.82, consistently not breaking below 9.8. The trend is clearly upwards, with a fluctuation of nearly 3000 points. Currently, the trend is gradually slowing down and consolidating, presumably waiting for the U.S. stock market to open. (Ethereum is at 4000, down to 3850, with a fluctuation of nearly 150 points). Tonight, Lao Meng looks at Bitcoin

Bitcoin in the 9.94-9.98 range for buying; look down to 9.82 and 9.75. If it doesn't break, then buy again.

For Ethereum in the 3930-3950 range, look to buy; look down to 3850. If it doesn't break, then buy again! #美财政部称BTC“数字黄金”

On December 9, according to Coinglass data, if Bitcoin falls below $98,000, the cumulative long order liquidation strength of mainstream CEX will reach 1.214 billion. On the contrary, if Bitcoin breaks through $100,000, the cumulative short order liquidation strength of mainstream CEX will reach 136 million.
#美财政部称BTC“数字黄金” #粉丝代币板块普涨

#美财政部称BTC“数字黄金”
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