The current market shows a continuous small rise, but faces two important pressure points, namely 65300 and 68700. There may be a need for a small correction at this position, and the bulls are still adjusting. If the strong volume can break through 73000 after the shock at these two positions, the perfect structure of the market will be revealed, and#BTCis expected to further drive the overall market up.
At this stage, don't blindly short! For investors with short positions, you can gradually build positions in some potential altcoins in the range of 61500-62500. If you have sufficient funds, you can focus on strong mainstream coins and make a steady layout.
The US election is expected to be more than a month away. MEME coins are very strong recently, so you can continue to pay attention to #PEOPLE!
Domestic groups are playing with the formation 🤣 Will the next ORDI appear?
Why is it so hot recently? Because I have a little prejudice, but if others have it, I also want it, and finally it becomes a mutual cut...
We all know that the next golden dog will definitely appear, and we all hope to be on the car, but things go against one's wishes is the norm in the world #FB#BTC
Market data shows that the overall trend is positive. The United States has not shown signs of recession, and the downside space is relatively limited, leaving few opportunities for bargain hunting.
Although Japan may experience a short-term decline before and after the official interest rate hike, this process may take several months. Therefore, the market may usher in a strong rebound first, which is a good time to lay out.
Although there is a risk of further decline in US stocks, it should be noted that the cryptocurrency market has experienced a correction period of half a year.
#BTC bullish? Those who didn't buy the dip don't need to rush to buy! There are still 3 positive lines at present!
Personally, I think: when there are 6 positive lines, the bullish structure can counterattack perfectly
The fourth line will give opportunities, either it will continue to rise until the end of the month, or continue to wait, otherwise everything is just a mirage.
Today's panic index is 23. You can buy when it is below 20. #BTC
Many people say that there is no bull market. At present, pessimists are pessimistic about any news. The long-term downturn has almost washed out. There is no momentum for buying.
Everyone relax on the weekend and wait for the opportunity to buy at the bottom.
In the cryptocurrency world, profits often depend on market trends.
Even if you are capable, if there is no trend support, losses are inevitable.
At this time, you should avoid being eager for quick success and quick profits, and avoid blind operations.
Staying calm in a bad market is the key. Choosing not to operate is also a kind of wisdom. Only by enduring loneliness can you usher in a prosperous moment. #Telegram创始人获保释
SOL: The 1-hour chart shows sideways fluctuations. If the market continues to fall, you can consider buying around 135, with the target price set at around 140. #OpenSea收到韦尔斯通知
The market trend in August has gradually become clear. At the beginning of the month, we predicted that the price of Bitcoin might fall back. At that time, the price was 66,500 points. We expect that the price may be lower than this level at the end of the month, so don't have too high expectations for the increase this month.
Looking forward to September, historical experience shows that the probability of an increase this month is relatively high. The reason is that there is usually an important measure of interest rate cuts in September, which is a positive signal for the market and may trigger a certain market heat. In addition, Bitcoin usually goes through a rising cycle of about 160 days after halving. It has been 125 days since the halving, and it is expected that there may be market fluctuations around the end of September.
However, these speculations are based on historical data, and the current market environment has changed. Spot ETFs for Bitcoin and Ethereum have been approved, and traditional funds are pouring into the market, making the market more rapid and unpredictable.
The above content is for reference only. Follow me for more market dynamics. $BTC
Although Buffett continues to sell off heavily, the latest sale of Bank of America's shares has brought its cash reserves to a new high of $278 billion. Berkshire Hathaway's cash as a percentage of total assets jumped to 25.0% in the second quarter of 2024, exceeding the historical high of 24.5% in the second quarter of 2005. This phenomenon is a bit like the prediction of the 2008 financial crisis.
However, the focus tonight is still on NVIDIA $NVDA's financial report.
If the actual data is lower than expected, it may bring certain risks. But I am generally optimistic and increased my holdings of Nvidia shares during the decline not long ago!#AIis still the core driver of future growth🧐
TG founder Durov's widespread attention in the Paris incident
1. Background of the incident
**Place and time of arrest:** Last weekend, Durov was detained at Le Bourget Airport in the suburbs of Paris. **Reason for arrest:** Durov faces charges involving terrorism, money laundering and drug trafficking. However, the core issue of the investigation focuses on the lack of content review on the Telegram platform, which the police believe has led to the rampant spread of criminal activities on the platform.
2. Features of the TG platform
**Encryption function:** Telegram is famous for its powerful encryption function, which provides users with a high degree of privacy protection. Durov has always refused the government's request for backdoor keys and insisted on protecting users' privacy rights. **Content review:** Despite its outstanding performance in encryption technology, TG's content review mechanism has been criticized. The police believe that TG's shortcomings in content review make it easy for criminal activities to spread on the platform.
3. Market reaction**TON token plummets:** The news of Durov's arrest triggered a sharp drop in TON tokens, which once fell by 17%. The market is extremely concerned about the future development of TG and Durov's legal issues. **Investor and user concerns:** The incident not only triggered panic selling among investors, but also caused TG users to doubt the security and reliability of the platform. IV. Future Outlook
**Balancing privacy protection and social responsibility:** Durov and the TG team need to find a balance between protecting user privacy and fulfilling social responsibilities, which will be an important challenge in the future. **Strengthening content review:** To prevent the recurrence of similar incidents, TG may need to strengthen the content review mechanism to curb criminal activities on the platform. **Legal and regulatory risks:** As global regulation of cryptocurrencies and instant messaging applications strengthens, TG will face more legal and regulatory challenges. It is necessary to maintain communication with governments to ensure the legitimacy and sustainable development of the platform.
V. Summary
Durov's arrest in Paris has aroused widespread concern about the security of cryptocurrencies and instant messaging platforms. This incident not only affected the market performance of TON tokens, but also made the future of Telegram full of uncertainty. Regardless of the outcome, this incident will prompt the cryptocurrency and instant messaging industries to pay more attention to issues such as privacy protection, content review and legal compliance.#加密市场急跌
New dynamics of the week: The main market sentiment is high, waiting for the breakthrough moment!
Bitcoin (BTC): The continued upward momentum is strong, and it is currently moving towards the important mark of $68,000, with a clear bullish trend.
Ethereum (ETH): It successfully broke through the small resistance level of $2,910 and is currently challenging the $3,500 mark. The market performance is positive. ORDI (Audi Inscription Sector): Outstanding performance, driven by multiple favorable projects, is expected to usher in new breakthrough opportunities.
Overall, the market is still dominated by bulls this week, and the market continues to rise. It is recommended to pay close attention to market dynamics and seize investment opportunities. $BTC $ETH $ORDI
Last week, Bitcoin broke through the range of fluctuations and started a strong rise. Before the end of August, Bitcoin reached the key pressure level of 6W5, and then the four-hour chart showed signs of a pullback.
At present, we need to pay attention to the vicinity of 6W2 (the previous pressure level), where we can consider continuing to intervene. If there is a breakthrough opportunity before the end of August, we can gamble again. Pay attention to whether it can rise to around 6W7 in early September, and the stop loss point is recommended to be set at 61.2k. #Telegram创始人被捕
Although we have underestimated the strength of this rebound, the current price level still has a high reference value. Now BTC has encountered resistance near $65,000 and has entered a correction trend. We expect that it may step back to the support level of $62,000 this week. If the $62,000 support performs steadily, it may break through $65,000 in the future and move towards the high area of $68,000-70,000.
Therefore, whether the $62,000 support can be stabilized will be the key to determining whether the daily line can continue to rebound in the future. However, whether it rebounds to $65,000 or the higher $68,000-70,000 area, I think it is unlikely that BTC will hit a new high this year. Therefore, I will still mainly short at high levels in the $65,000 and $68,000-70,000 areas. (This is only a personal opinion, for reference only)#Telegram创始人被捕
On August 26, Bitcoin fell as expected, realizing profits.
In the article on August 24, I mentioned Powell's speech at the annual meeting of global central banks, hinting at confidence in the September rate cut. Last Friday, Bitcoin experienced an Asian session rise, and the European session continued to rise. The pullback before and after the US session was mainly to induce shorts. After breaking through 62,000, Bitcoin fell back to 61,000, and then accelerated its rise, eventually reaching around 65,000.
Last Friday, Bitcoin accelerated its rise during the US session, making up for the decline in early Thursday trading. However, when the price hit 65,000, the market's bullish sentiment also heated up again. Due to the rise and the realization of the Fed's interest rate cut expectations, the market's views on chasing the rise began to increase. I think that although it is bullish, there is no rush to chase the rise, especially when today's Asian session failed to substantially break through 65,000.
In addition, considering that the daily chart needs to be adjusted or corrected during this rise, I opened a short at the 64,000 level. Only when the Asian session rises and the European session continues, the US session is likely to continue to rise; or if the Asian session adjusts, and the European session breaks through the Asian session high and then pulls back, you can consider entering the market to do more.
In short, do not rush to chase the rise before the above conditions are met. The current trend has room for adjustment. When the Asian session falls and the European session continues, or the Asian session falls and the European session fluctuates, the US session may continue to fall. The 63,000 low and the last pullback support of 62,500 last Friday need to be paid attention to below. Once lost, further attention will be paid to 62,000 and 60,800. At the same time, before the price breaks through 64,600, it is recommended to give up chasing more to better grasp market dynamics and investment opportunities. #美联储何时降息?
After several days of adjustment, the Ethereum market gradually showed a volatile trend today. After the price hit 2711 points in the afternoon, the bull market formed a rising pattern of three consecutive positive lines, indicating that the support below is still solid and the bull trend is still strong. The Bollinger Bands channel is generally open, and the bulls are gradually climbing at the bottom. The KDJ indicator shows that the bulls are running upward, and the red kinetic energy in the MACD indicator is also slowly increasing. On the whole, it is recommended to continue to maintain long orders after the retracement
Ethereum (ETH) - Direction: Long Order - Current Price: 2720~2700 - Take Profit: 2780~2810 - Stop Loss: 2670 Daily real-time analysis to ensure accurate operation, and analysts with ten years of experience provide you with advice to help you trade steadily. Welcome to like and follow. Ethereum market trend analysis (8.26)
After TG CEO's arrest, Vindman warns Elon: Platforms must "take responsibility"
Retired Lieutenant Colonel Alexander Vindman issued a warning to Elon Musk after TG CEO Pavel Durov was detained in France. Durov was arrested for allegedly failing to effectively curb criminal activity on the messaging app.
Vindman, who is known for playing a key role in Trump's impeachment trial, told X that Musk could face similar consequences. He noted: "The public's tolerance for false information and malicious behavior on the platform is decreasing, and calls for accountability are growing. Musk should be worried about this."
The remarks sparked a fierce backlash, with many tech leaders and free speech supporters seeing Durov's arrest as a threat to online freedom. Elon Musk himself said the arrest marked the arrival of "dangerous times" and used the hashtag FreePavel. #杰克逊霍尔年会