The computing power dropped from a maximum of 702 to a minimum of 609, and the computing power has stopped growing in recent months.The biggest pain point of BTC is 58,500. Generally, it will be close to this price when it is close to delivery. The delivery will be on September 27th.There are still tens of thousands of BTC left in Mentougou. October is getting closer and closer, and all of them will be paid out before November.For contract positions, there will be many more liquidations for long positions than short positions, which means that the contract is too heavy. According to the 2/8 law, there will always be more people who make money than those who lose money, and there is a high probability of another big drop.The United States sold BTC at 70,000, and it is not ruled out that it will continue to sell between 67,000 and 68,000. And the British government.
The market share of Bitcoin has reached 59%, and the ETH/BTC exchange rate has reached the support point. After the profit-taking in the next two days, Bitcoin will reach 85,000, and the copycat will begin to surpass Bitcoin's growth. There will be many ten-fold coins, but don't fantasize about 100-fold coins, which are basically unlikely in the secondary market. #帝
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At the end of #帝 8, the view on ETH/BTC, then updating the latest chart image, dawn is approaching. A bull market will start when Bitcoin's market cap accounts for about 59%. The ETH/BTC exchange rate has not yet bottomed out; ETH represents the sentiment of the entire altcoin market. It will only start a new wave of growth after it stabilizes following a downward pressure 📈. The upcoming wealth codes will mostly yield 5 times or more ☺️. Don't fantasize about it being as crazy as the last bull market; the general awareness has increased, and such phenomena won't happen again. It will only be multiple back-and-forths, without a single drastic rise.
#帝 $SUI The unchanging view is that SUI will go to 0.6. Market capitalization ranking and SUI/BTC still cannot determine the upper limit of a VC?
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#帝 $SUI Whoever gets MEME gets the world. From SOL ARB TRX, we can clearly see how fast the popularity of MEME will fade. It is nothing more than capital using small funds to pull MEME to drive the follow-up funds on the chain. The main purpose is to ship. When the shipment is almost done, there will be no capital to care about its price. It will inevitably fall below 0.6. There will not be so many next SOL The large-scale SUI/USDT SUI/BTC have already peaked. I personally think it is difficult to break through
At the end of #帝 8, the view on ETH/BTC, then updating the latest chart image, dawn is approaching. A bull market will start when Bitcoin's market cap accounts for about 59%. The ETH/BTC exchange rate has not yet bottomed out; ETH represents the sentiment of the entire altcoin market. It will only start a new wave of growth after it stabilizes following a downward pressure 📈. The upcoming wealth codes will mostly yield 5 times or more ☺️. Don't fantasize about it being as crazy as the last bull market; the general awareness has increased, and such phenomena won't happen again. It will only be multiple back-and-forths, without a single drastic rise.
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#帝 $ETH Recently, I mentioned that ETH will be weaker than many coins. Let me share my views. Grayscale unlocks, and many retail investors bought it many years ago. The selling pressure will continue. They will definitely not buy it. It’s just a matter of how much to sell. Not many people buy ETH ETFs because the pledge problem has not been solved, and there are management fees for holding. ETH2.0 has pledged more than 40 million coins, and the total circulation is 120 million. That is to say, at least one-third of people tend to pledge ETH for interest rather than management fees. Since ETH was upgraded from Cancun, the destruction has dropped by 69%, and inflation has begun, which is getting further and further away from deflation. ETH2.0 mining, selling and withdrawal are also part of the selling pressure, because there is no loss cost in mining coins. Next is the K-line analysis The lower Bollinger track at the monthly level is downward, KDJ forms a new dead cross, and the MACD falling energy continues to increase, which means that the large level is weaker than Bitcoin.
#帝 $PEOPLE The main players have long left, what remains are retail investors. The upper band of the monthly Bollinger Bands has reached its peak, and what follows is a sharp decline. Don't fantasize about several times anymore; when good news lands, it becomes significant bad news. This good news has already been exhausted for over a year.
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#帝 $PEOPLE
There are many people discussing this coin. I promoted it a lot before it went up and I made money. Personally, I think this coin will not make big moves with the market. No dealer is so good that it can trap so many people and no one cuts losses. There will be many people who continue to buy. We should pull the market to let them get out of the trap. Below is the line range chart. If you are particularly optimistic, you can buy at the support point below the line. It is not worth chasing. I myself may not buy this coin because we have made a lot of money from this coin before. We think the main force has left. Look for other currencies where the main force has built positions and follow the main force to make money.
1. Cryptocurrency project Prom: - Technical advantages: - Good smart contract compatibility: Ensures compatibility with widely used decentralized finance (DeFi) smart contracts, allowing seamless integration with existing DeFi platforms, making it convenient for users to utilize Prom's features in a familiar DeFi environment, providing more choices and convenience for users. - Strong interoperability: Supports cross-chain interactions, allowing users to transfer assets between different blockchain networks, enhancing asset flexibility and transferability. This cross-chain functionality is of great significance in the blockchain field, breaking down barriers between different blockchains and improving asset utilization efficiency.
#帝 What is meant to come will come eventually, continue to drop. The long-term target for SUI remains unchanged.
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#帝 $SUI Whoever gets MEME gets the world. From SOL ARB TRX, we can clearly see how fast the popularity of MEME will fade. It is nothing more than capital using small funds to pull MEME to drive the follow-up funds on the chain. The main purpose is to ship. When the shipment is almost done, there will be no capital to care about its price. It will inevitably fall below 0.6. There will not be so many next SOL The large-scale SUI/USDT SUI/BTC have already peaked. I personally think it is difficult to break through
Market sentiment determines the height of Bitcoin.
When most people in the market believe there will be a breakout, that is precisely when the main force is offloading. Being suppressed by the trendline, the best way is to leave some positions and wait for a breakout followed by a pullback to enter, rather than advancing before the breakout. I continue to view the market as bearish; the next few days will be volatile, and few coins will rally against the trend. Most will continue to decline, especially when the election results are announced. A significant positive development can be negative news; remember this saying.
It's definitely not easy to break through above #帝 . When emotions run high, people will definitely get caught in a wave. When you start to doubt the market while cutting losses, when no one is buying, or when you think it will go lower before buying, that's when it will start to V up.
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Is the market peaking? Is copycat an opportunity or a risk?
The computing power of Bitcoin fell from 700 to 646, which is bad news for computing power.The Bitcoin held by Tesla has been transferred to a new address. If it is sold, its influence is no less than that of the German government.The channel line has not been broken and continues to be suppressed. The US government is also likely to sell Bitcoin at a high level.Upper pressure: 69200Support below: 59000 47000In this case, it is best to wait and see with a large position and wait for good trading opportunities. The probability of a breakthrough will not be too high.
#帝 Follow me and exchange it for $LTC . It has outperformed ETH, right? This is the way of earning money. If you like a coin, buy another coin that is stronger than it. Do you want the next coin that can outperform ETH? When it falls, it falls less, and when it rises, it rises more.
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$LTC is very good. It is much stronger than ETH recently. A few days ago, $XRP was exchanged for LTC. Continue to trade with the mindset of making money. All ran away before the bull market. At present, the bull market has gone more than halfway. There is still one last chance for altcoins. Take it well. By then, the altcoin will fall by 95%-99% from the high point.
If you exchanged SHIB for DOGE after reading my short article, you can earn about 30% of SHIB by exchanging it back now. Now it is close to the support point of the middle track of the monthly line. I can’t judge whether I can continue to earn coins in the medium term. In the long term, it will go to the lower track. In the medium term, it depends on your decision. Pay attention to me and I will help you exchange coins for stronger and more resistant coins.
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#帝 $SHIB $DOGE SHIB/DOGE trading has reached the maximum pressure level of the upper track of the BOLL monthly line. It is recommended that friends who continue to be bullish should exchange their SHIB for DOGE. The large pressure level is not easy to break through, and you may earn some coins.
I took a closer look at Harris' proposal for the cryptocurrency industry
I took a close look at Harris' proposal for the cryptocurrency industry and found that her thinking tied cryptocurrency to black American men. Although I don't quite understand what this means, her argument is that the regulatory framework is to protect black positions rather than investor positions. Isn't this a bit strange?
For Harris, cryptocurrency is also an election tool, which is not wrong. However, forcibly believing that cryptocurrency is enjoyed by black people and setting up a regulatory framework specifically for black people is definitely not what the mainstream risk market wants to see. Political correctness is one thing, and nonsense is another.
Is the market peaking? Is copycat an opportunity or a risk?
The computing power of Bitcoin fell from 700 to 646, which is bad news for computing power.The Bitcoin held by Tesla has been transferred to a new address. If it is sold, its influence is no less than that of the German government.The channel line has not been broken and continues to be suppressed. The US government is also likely to sell Bitcoin at a high level.Upper pressure: 69200Support below: 59000 47000In this case, it is best to wait and see with a large position and wait for good trading opportunities. The probability of a breakthrough will not be too high.
#帝 $BNX I have always emphasized shorting this coin. From the high of 1.68, I got 1.1, but I will not buy this coin, because the altcoin has a lot of room to fall. It will fall back as it rose. I suggest you learn a simple channel so that you will not buy it at such a high price. The channel support point is 0.56. There may be a rebound here, but I will not buy this kind of coin unless it falls 80-90% from the high point. I will consider buying it for a long-term hold.