Hello, fans and friends, welcome to the president's channel
Brothers, yesterday's big cake started to rise slowly from 56273 points. Now it is certain that it has stabilized. The rest is to see where the big cake can break through this time. The breakthrough position of the big cake that the president can see today is conservatively around 59000, and if it is aggressive, it is around 60000. As for whether it will start to pull up in a straight line or slowly pull up, it depends on the subsequent trend. Brothers who do mainstream currency contracts can go long at low levels. Today, except for the downward probe at around nine o'clock in the morning, there was no further pull-up. It was all slowly breaking through upward. At present, the overall trend is shock + breakthrough. What brothers need to do now is to wait patiently!
Vetle Lunde, senior analyst at K33 Research, noted on Tuesday that seasonal trends are not helpful for Bitcoin, with the third quarter typically the weakest period for returns. He added that seasonal weakness coincides with the pressure on prices from the sale of seized assets by the German state of Saxony and the ongoing Mt.Gox repayment distribution. According to K33 Research's estimates, the market will absorb 75,000 to 118,000 BTC sales from Saxony and Mt.Gox customers throughout the summer, worth $4.3 billion to $6.8 billion at current prices. Lunde said that we expect these capital flows to burden Bitcoin's performance in the coming months, and market volatility will continue until October. The president's forecast is much more optimistic than his forecast. Compared with the next market, the president's idea is that the situation will start to improve in August.
Eddid Finance in Hong Kong announced that it will soon launch Bitcoin and Ethereum trading functions for investors through its smart trading application Eddid ONE. The application will also become one of the few smart trading applications in Hong Kong that integrates virtual assets, Hong Kong and US stocks, futures, foreign exchange, and funds. It is reported that the virtual asset trading service will be open to all investors. In addition, Eddid Securities and Futures Co., Ltd. has previously obtained the approval of the Hong Kong Securities Regulatory Commission to upgrade its license to provide virtual assets and related product distribution services to retail investors, becoming one of the first brokerages in Hong Kong that can support securities and virtual asset transactions at the same time. Eddid Securities and Futures was also appointed as the participating broker of the first six Bitcoin spot exchange-traded funds and Ethereum spot exchange-traded funds in Hong Kong, and provides physical subscription and redemption services as well as the first virtual asset spot ETF expansion financing services in Hong Kong. At present, ETFs in Hong Kong have officially begun to be fully approved, so what is the next step? Will more ETFs be fully approved? Then after the US dollar starts to cut interest rates, a large amount of funds will begin to flow into ETFs? It will definitely happen. It's just a matter of time. Brothers! In the president's opinion, the future of big cake ether can be said to be promising! Just wait for the flowers to bloom!
In terms of contracts: The president’s suggestion is that you can basically start arranging your entry into the market. Go long at low levels for long-term contracts, and don’t make orders blindly for short-term contracts. The precise position will be given in the community later.
Spot: Brothers can invest in some meme coins and some value coins. If you don’t know what value coins to invest in, the president can introduce to you which spot coins to invest in! As for value coins, brothers can invest in some JUP, which is the leader of decentralized exchanges on the SOL chain!
#MDX #dock #CTXC #dym #Bond $BTC $ETH $MDX
