Have you noticed that this bull market is very strange, Bitcoin has broken its all-time high, BNB has also broken its all-time high, while ETH, the leader of the altcoins, is half dead. In the previous bull markets, Bitcoin and Ethereum basically rose and fell together. Within a month of Bitcoin reaching a new high, ETH would inevitably reach a new high. For example, on December 16, 2017, Bitcoin reached a new high of $19,665, and ETH reached a new high of $1,448 on January 13, 2018. It took about a month. Let’s first look at the bull market in 2017. The main driving force was ICO, and the biggest beneficiaries were Ethereum and various altcoins under various banners.
$BTC Shorting is harder than being a dog! Overnight, the price of the pie rose from 54,000 to 62,000. A 11-centimeter long positive line basically killed all the short sellers in the past few days! Many short sellers set their stop loss price at 60,000. The price of 62,000 is basically equivalent to adding another knife to the corpse. It is too vicious!
$SOL One of the simplest ways to judge whether a coin is strong or not is to see whether it can get out of the weak market and create a new high in the first time when the market is about to turn. There is no doubt that Sol has replaced ETH as the leader of the future market, and the probability of turning ETH is getting higher and higher! ETH founder Vzi is always picking up girls in Japan. His own coin was smashed by Jump and Plustoken, and it was smashed into shitcoin. Let's see how long it can last! $SOL $ETH
$BTC did not reverse. Today, plustoken news came out, and Ethereum worth 2 billion US dollars is waiting to be sold. Obviously, the dog dealer wants to do a big job. I don’t know if 49,000 is the bottom of Bitcoin and 2,100 is the bottom of Ethereum. The collapse is also good. Since 312 and 519, the currency circle has not collapsed for a long time. It needs a thorough baptism!
The cryptocurrency market plummeted today. How many people were liquidated? According to coinglass data, in the past 24 hours, the number of people liquidated in the cryptocurrency market reached 230,000, with a total liquidation amount of US$883 million, of which US$759 million was liquidation of long orders. The largest liquidation occurred in Huobi-BTC, worth US$27 million. $BTC
Black Monday, financial crisis rumors everywhere! It's really rare to see this. Before going to bed last night, the 500-digit BTC was in the 6000s. When I got up in the morning, it was in the 5000s. After lunch, it was in the 4000s. In the traditional financial market, the Nikkei 225 circuit breaker, the maximum intraday decline exceeded 10%. The Nasdaq Technology ETF plunged 10%, and it looked like it was going to die for you. Now we are waiting for the US stock market to open in the evening. If it continues to plummet after the opening, it will be really a disaster. The latest news is that the Federal Reserve will hold an emergency meeting today to discuss the interest rate issue after the Japanese stock market crash. #加密市场急跌
$BTC Overnight, Bitcoin hit a new low again, reaching 57,000. However, this is not the bottom! We have emphasized before that 53k is not the bottom of Bitcoin, and 2.8k is not the bottom of Ethereum. Now, Ethereum has fallen below 2.8k, but Bitcoin is still at a high level. There is a lot of room for further decline. In addition, every time the US stock market crashed, the cryptocurrency circle was inevitably sacrificed. On March 12, 2020, Bitcoin fell from 10,000 to 3,000. This time the Fed is about to cut interest rates, but Bitcoin cannot be pulled up from 70,000 in one go, and the dealer cannot lift the bridge for all retail investors. The most likely way is that the dealer uses the media to spread the good news of the interest rate cut to lure retail investors to go long. Then the dealer takes the opportunity to ship, blow up the long positions of retail investors or force them to cut their losses, and then directly reverse the explosion, not giving retail investors the opportunity to collect chips at a low level. History will repeat itself on March 12. It is expected that Bitcoin will fall to the 30,000 range, and then wait for the Fed to officially announce the interest rate cut. The market makers will take advantage of the situation to pull it up to 70,000-80,000, and together with the 70,000 at the beginning of this year, it will form an M top, and then enter a bear market. Note that Bitcoin cannot reach 100,000 in this cycle! Any blogger who says that it will rise to 100,000 is just shouting orders without thinking. Because retail investors like to hear news of rising prices. PS: It is just a personal opinion sharing, and most of the time it is wrong. If you use it as a basis for investment, you will bear the consequences at your own risk.
$BTC When I woke up, the market hit a new low, and the 60k psychological barrier had been broken. The US stock market has also broken through, and the market is increasingly looking like the precursor of the financial market collapse during the mask period in 2020.
$BTC plunged 30% overnight, the Americans are done pretending! Last night's non-agricultural data was a mess, and the three major US stock indexes collapsed. Intel plummeted, Nvidia plummeted, and the US stock market was basically finished. The US stock market is finished, and the cryptocurrency market will only fall worse! The big pie is at the end of its strength and is making its last struggle. When the US stock traders go to work next Monday, if the US stock market continues to collapse, the 312 in the cryptocurrency market may happen again!