BitEagle 🦅7.11 Accurate Market Analysis @Everyone

Good morning, brothers. Yesterday, Fed Chairman Powell spoke
and revealed a key point:
The Fed does not need the inflation rate to be lower than 2% before cutting interest rates.
It is an implicit positive, because the Fed previously emphasized that the inflation rate must reach 2% before it starts to cut interest rates.

The CPI will be released at 8:30 tonight. If it is higher than expected, it is negative, and if it is lower than expected, it is positive.
Tom Lee, known as the "Wall Street God Calculator", predicted that the CPI will fall sharply, pushing US stocks higher.

Yesterday, BTC's spot ETF continued to flow in more than $100 million to buy the bottom

It seems to be good news, but the old saying still applies:
It will definitely rise in the long run, because the Federal Reserve is about to cut interest rates,
It may release a lot of money in 2025

But we will encounter such a situation:
It was rebounding well, but suddenly the German government sold coins,
The wallets of 140,000 BTC in Mentougou began to transfer on a large scale again

BTC may fall by 5%, and the altcoins will fall again

So don't chase the rebound, don't go all in and fill your position
Leave some room, so that you can add positions when it falls
Otherwise, you will panic when it falls, and you will irrationally sell
Of course, don't short your position now, otherwise it will be very uncomfortable when it rebounds
Many altcoins have fallen from the starting point, and the price is right

July-August is not as simple as imagined,
The Mentougou crisis battle is not over yet, you have to hold the coins and be patient

Yesterday, the 10,000-person group migration plan was launched, and the countdown is 2 days
Brothers migrate to the new group as soon as possible Happy $STX $IQ $POLYX #CPI数据 #美联储何时降息？

$SEI - Sei announces Sei v2 mainnet beta.

$STORJ - Storj acquires Valdi, a cloud computing company that provides GPU computing.

$NEON - Neon announces Versus-X closed beta is set to launch in July.

$ZEN - Horizen CEO @robviglione hints that Horizen 2.0 is coming.

$WLD - Worldcoin Foundation launches World Chain developer preview.

$NTRN - Neutron will upgrade to v4 at 22:30 on July 10, and network downtime is expected during the process.

$BONK - BONK DAO proposes to burn approximately 8.39 billion $BONK from its treasury, and voting ends on July 13.

$SOL - Full Firedancer (Solana independent validator) client builds its first accepted block on the Solana testnet.

$ARKM - Arkham expects to monetize the platform later this year. The platform will soon support the TON blockchain and Solana by the end of August.

$MASA - Masa launched an AI data subnet on Bittensor (a machine learning network protocol) where validators and workers can earn dual token rewards through $TAO and $MASA.

Coinbase announced that it will re-enable $STG trading and add $SD to its listing roadmap. $BTC

BitEagle 🦅7.9 Accurate Market Analysis @Everyone

Good morning, brothers, the market is so volatile.
Yesterday morning, it hit the bottom, and many brothers lost hope.
As a result, it immediately rebounded, and many brothers shouted that it was bullish again.
At 10 o'clock in the evening, it began to fall sharply, and now it is stable at $57,000.

There has been no news about Mentougou in the past few days, and it is still planning the next wave of compensation.
But the German government has become active, transferring money everywhere to try to sell coins, fearing that the world will not be in chaos.
The German government address currently holds 27,461 bitcoins, equivalent to about $1.56 billion.
The German government holds 20% of Mentougou's BTC.
In this round of sharp decline, Mentougou paid a total of less than 3,000 BTC,
but the German government is actually selling coins.

The good news is that ETF funds have obviously bottomed out.
The day before yesterday, $140 million flowed in, and yesterday more than $100 million flowed in (not counted by BlackRock).

Powell will give a speech tonight and tomorrow night at 10:00, and CPI data will be released at 8:30 the day after tomorrow.

What we need to do now is to hold the coins and be patient,
avoid being broken by panic,
hold on for a while, and there will be a turnaround

It is recommended to hold the following tokens:
Chr, Stx, FTM, Zk
ETH and its three sector swordsmen Uni, Ens, Ssv
Japanese Ethereum Astr, Korean Ethereum Klay

Keep the bullet to cover the position, beware of another drop to $54000#BTC下跌分析 #TON #币安7周年

BitEagle evening market live @everyone

The non-farm data was just released, the expected 19, the announced 20.6, higher than expected, a small negative
The unemployment rate was 4.1%, higher than expected 4%, the highest since November 2021, a small positive
As last time, there was an abnormal phenomenon of rising unemployment rate, but the non-farm was also high
The overall result is neutral and does not affect the market much

Now compared with the Federal Reserve, the biggest impact is still Mentougou
Will there be a big drop in the next few days? It is still possible, mainly depending on when the second phase of Mentougou compensation will start
See if there will be further explanation tomorrow and the day after tomorrow
By then, tens of thousands of BTC will continue to move, and once the news ferments, it will fall
But don't cut the meat at the bottom anyway, hold it and wait for a rebound
If you are a short-term brother, you must buy half of the chips $PEOPLE $ZEN $ZRO #美国6月非农数据高于预期 #德国政府转移比特币

Bit Eagle Mentougou Analysis @Everyone

Everyone is paying close attention to Mentougou. Bit Eagle will sort it out again.

Today the former CEO of Mentougou said on Twitter,
MtGox customers are finally starting to accept Bitcoin reparations. It’s been ten years and I’m not even sure this will eventually happen anymore, but we finally did it! It's been a long journey and I'm glad to see we've finally reached our goal and now just have to do the last bit of work...

The key point is the last sentence: just a little bit of work left

Today there is only one small exchange Bitbank says
Bitcoins paid by Mt.Gox were transferred to creditors within hours

However, other exchanges have not yet completed the compensation, and Kraken has a maximum of 90 days.
It may take 60 days for Bitstamp; 20 days for BitGo;

And when we look at the Mentougou wallet, it seems that 140,000 BTC still haven’t been recharged to the exchange.
Therefore, this epic bad news is not over yet, so don’t take it lightly.
Wait until there are more bullets left before shooting, or do a certain band $CHR $BTC $ETH

BitEagle 🦅7.4 Accurate Market Analysis @Everyone

Good morning, brothers. I have been reminding you of a few points in the past few days:

(1) Keep your money until it falls below $59,000

(2) Don’t rush to buy the bottom or add positions

(3) Don’t sell at the bottom

The current recommendation remains unchanged

We still have to wait for the Mentougou incident to be resolved before we decide whether to add positions

Yesterday’s small non-farm data ADP was lower than expected

Previous initial claims data and PMI were also positive

Gold hit the $2,360 mark

But BTC still fell. The fundamental reason is still because of Mentougou

The impact of the recent Mentougou incident is far greater than the Fed’s policy

Pay attention to the release of non-farm data at 20:30 tomorrow night

There should be more news about the Mentougou incident next week

To summarize the strategy:
Wait for the Mentougou incident to be resolved before deciding whether to add positions
Don’t sell at the bottom, otherwise your mentality will get out of control when the market rebounds, and you will be trapped when the market rebounds and chases high prices$BETA $BNB $ETH #美国首次申领失业救济人数超出预期 #非农就业数据即将公布

BitEagle’s nightly market quotes @Everyone

Powell just spoke and said, "The data shows that we have made significant progress and we need to see more data like what we have seen recently."
Overall it’s good
If the Mentougou incident is properly resolved this month and inflation cools down, then a new round of bull market will start [Fashion]
Five are poor, six are excellent, and seven are expected to turn around.
Don’t take a short position, just don’t exceed 50% of the position $BTC $ETH #Mt.Gox将启动偿还计划

BitEagle Evening Project Live @Everyone

ZK Positive:
ZKsync announced the launch of ZKsync 3.0 Elastic Chain on the X platform. It is reported that this is a ZK Rollup network that is mathematically secure and natively interoperable under a unified and intuitive user experience. Its elastic architecture allows the blockchain to infinitely expand capacity by adding new instances to meet usage capacity.

CHR Positive:
On July 2, the relational blockchain Chromia plans to launch the minimum viable product version of its mainnet on July 16 to establish the core functions of the network. $ZRO $CHR $ZK #非农就业数据即将公布

BitEagle🦅Daily Wealth Opportunities

$PRCL - Parcl announced that $PRCL staking will be live.

$WLD - South Korea's PIPC will publish its findings on Worldcoin this month.

$BNX - BinaryX announced that the Pancake Mayor game will be shut down and cease operations on July 5.

$PSTAKE - pSTAKE Finance launches Bitcoin liquid staking testnet on @babylon_chain.

$DNX - Dynex is in final testing and preparing to launch quantum computing services on Amazon AWS Marketplace.

$JUP - Jupiter announced important events in the next two months, and will vote on a proposal to reduce $JUP supply by 30% at the end of July.

$ZRO - GSR Markets currently holds 8.649 million $ZERO. Now, $ZRO is the largest position in GSR's portfolio.

$SOL - Solana reaches a new monthly economic value (fees + MEV) all-time high of $91.3 million, an annualized $1.1 billion.
$MPLX - Metaplex started MPLX buybacks with $8 million of SOL and used 50% of monthly fees for buybacks.
$PENDLE - Pendle's TVL (total locked value) fell 40% in the past week. The large-scale withdrawal reflects the user's weakening interest in re-staking airdrops.
$PIXEL - Pixels founder will detail future plans tomorrow. According to the interview, the studio is developing new Pixels games and a Telegram-based project.
#山寨现货布局如何布局 #山寨季何时到来？

Comprehensive inventory! Huge token unlocking in July✅

$DYDX $SUI $IO $XAI $IMX $APT $STRK $ARB $AXS $APE $PIXEL $WLD $ALT etc. unlocked value exceeds $700 million.

WLD has unlocked $17 million worth of tokens every day since July 24, and ALT has unlocked over $110 million. Holders should pay close attention. It is recommended to collect the poster for backup [love]

BitEagle will continue to track the unlocking status for you #解锁 #Mt.Gox将启动偿还计划 #以太坊ETF批准预期

Pay attention to 4 major events this week.

(1) Powell's speech on Tuesday

(2) Release of US ADP employment data for June at 20:15 on Wednesday

(3) Release of US non-farm payrolls for June at 20:30 on Friday

(4) Most importantly, there should be further news from Mentougou before July 15

Although the market has rebounded, stablecoins are still flowing out.

Don't sell at a loss when the price drops, and chase high when the price rises. $ENS $ETH #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #美联储何时降息？

BitEagle 🦅7.1 Accurate Market Analysis @Everyone

Good morning, brothers, a new week has begun.
The current market has rebounded, and many brothers say that the bull market has returned.

Four major events to watch this week.

(1) Powell's speech on Tuesday

(2) Release of US ADP employment in June at 20:15 on Wednesday

(3) Release of US non-farm payrolls in June at 20:30 on Friday

(4) Most importantly, there should be further news from Mentougou before July 15

Although the market has rebounded, stablecoins are still flowing out.
Don't sell at a loss when the market falls, and chase high when the market rises.

Don't sell at a loss when the market falls. Many copycats have fallen to the starting point of the rise.
Keep some bullets if the market falls to 59,000 to continue to buy at the bottom.

Don't chase high when the market rises, unless you are short, there is nothing you can do.
More bullets will be fired after further news from Mentougou is released.

Large funds can just invest in ETH directly. This is the clearest and most stable solution. May is poor, June is desperate, and July is a comeback. The best situation at present is that the Mentougou incident in early July is properly resolved, compensation is delayed or paid in batches, inflation data declines, and the Fed's expectations of rate cuts increase. Then a new round of bull market will start. $BTC $ETH $BNB #以太坊ETF批准预期 #Mt.Gox将启动偿还计划

BitEagle 🦅6.30 Accurate Market Analysis @Everyone

Good morning, brothers, yesterday was Saturday, and ETF trading was suspended.

Let's look at the on-chain data first:
(1) Stablecoins have rebounded a little
(2) BTC inflows into exchanges have slowed down, but are still at high levels
Current support levels: $60,000, $58,400
Resistance level: $63,000
Powell will give a speech next Tuesday
The US ADP employment figures for June will be released at 20:15 on Wednesday
The US non-farm payrolls for June will be released at 20:30 on Friday
The last data released was 275,000, much higher than the expected 200,000, which caused BTC to plummet
This time it should return to normal, not so exaggerated
In fact, the Fed's policy is not very important for the recent impact on the cryptocurrency market
The most urgent task is the Mentougou incident. BTC worth $9 billion is no joke
Even if only 1/3 flows into the market, there is still a scale of $3 billion,
enough for ETF net buying funds to inflow for more than a month to offset
Mentougou will have to release the results before July 10th, and it's about to come true

Don’t buy the dip in the next few days, wait a few more days, unless you are short
We need to prevent BTC from falling below $59,000
If it falls below, don’t sell the spot, and continue to buy the dip
Optional currencies: STX, FTM, CHR, ETH, Uni, etc. $BTC $ETH $BNB #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #Mt.Gox将启动偿还计划

BitEagle 🦅6.29 Accurate Market Analysis @Everyone

Good morning, brothers, let's review yesterday's analysis conclusion:

"If Mentougou really pays, we must be prepared.
There is a probability of more than 70% falling below $60,000.
Now many people recharge BTC to Binance,
and wait for bad news to smash the market and run away, so the selling pressure is large.
So you have to keep a lot of bullets and wait for the bottom to fall."

After the PCE data was released yesterday, it was in line with expectations, showing that inflation is still high.
But it is lower than the previous value, a three-year low, which is a hope for the long-term future.

Spot ETF funds outflow, mainly Grayscale and Fidelity have issued a lot of coins.

The on-chain data is not optimistic, or the continuation of the situation a few days ago:
Stablecoin outflow, the current stablecoin in the exchange has dropped to the low value of February (4 months ago)
That is to say, we have been speculating on coins for 4 months, and the market funds have not increased
BTC continues to flow into exchanges, mainly into Binance

Why is the market so weak? The core reason is still Mentougou
The currency circle will not be at peace until Mentougou is resolved

Take more rest during this period and pay more attention to the fundamentals and dynamics of value coins
Keep some bullets and wait for the Mentougou incident in July to fall before buying the bottom
Five poor, six desperate, seven turning over $AKRO $REI $BTC #Mt.Gox将启动偿还计划 #以太坊ETF批准预期

BitEagle 🦅6.26 Accurate Market Analysis @Everyone

Good morning, brothers. Yesterday, the altcoins rebounded to a certain extent.

The core reasons are summarized in two parts

(1) BTC is not at a high level, so there is room for altcoins to play

(2) BTC is under selling pressure. Everyone knows that Mentougou is going to crash the market.

Some funds will flow from BTC to ETH and other altcoins

From the on-chain data, stablecoins have repeatedly flowed in and out.

The market is quite divided.

Some large funds withdrew and ran away, and some large funds continued to recharge.

After the rebound, a large amount of BTC was recharged to the exchange.

Since there will be a hammer of Mt. Gox unlocking in early July,
BTC will further pull back. I let everyone close the BCH short position before.
BCH will continue to short after another wave of rise.
Now is the best time to lay out the copycat and ETH.
There may be a pullback, but just hold it. Make up for it once it drops 5%-10%.
As long as it is not a contract, hold the spot and wait to make money.
If you don’t lay out now and short it, it is easy to miss the opportunity.
Several projects we recommend:
STX, CHR, FTM, ZK, AR, etc., all have super good fundamentals.
Ignore tomorrow’s rise or fall, but long-term holding will definitely make money.
We are on the eve of the Fed’s interest rate cut.
On the eve of further popularization of cryptocurrencies.
There will be short-term pain, but if you put it in the long run, many coins will have several times the return. $BLZ $BTC $ETH #Meme板块普涨 #Mt.Gox将启动偿还计划

Now is the best time to lay out altcoins and ETH.
There may be a pullback, but just hold on. Make up for it once it drops 5%-10%.
As long as it is not a contract, hold the spot and wait to make money.
If you don’t lay out now and go short, you will easily miss out. $BNX $NOT $BTC #Meme板块普涨

BitEagle 🦅6.25 Accurate Market Analysis @Everyone

Good morning, brothers. Yesterday, Bitcoin fell 8.1%,
falling to $58,528 at 4 a.m.,
creating the largest intraday drop since April 13.

But strangely, many altcoins did not break new lows.
FTM did not fall but rose instead.
It seems that altcoins also have a bottom line.

Yesterday, there was news that Mentougou paid more than $400 per BTC.
It may be fake news and needs further observation.
Wait until July 10th, there should be detailed information.

BTC may fall below $60,000 again. However, altcoins may see a turnaround for two reasons. (1) BTC is not at a high level, so there is room for altcoins to play. BTC has always been at $70,000 before, and big investors are worried that BTC’s correction will cut altcoins in half. So they dare not buy. Now that BTC has fallen to $60,000, altcoins have room to rise. (2) BTC is under selling pressure, and everyone knows that Mentougou is going to crash the market. Then some funds in the market will flow from BTC to ETH and other altcoins. So from now to early July, don’t short your position. Hold 30% of your position, and then gradually increase your position in ETH and altcoins to 50%-60%. Don’t go all in at once, buy a little bit every day. If the Mentougou news causes BTC to fall to $55,000, it will be a good opportunity to buy at the bottom. Because the biggest negative factor in the cryptocurrency market in the past 10 years has been lifted, the cryptocurrency market may usher in a new wave of bull market after Mentougou. It is still the judgment I said before:
From a macro-cyclical perspective, we are currently on the eve of the Fed's interest rate cut cycle.
The day after tomorrow is beautiful, but tomorrow is cruel, and many people will fall tomorrow.
This includes abnormal economic data, the Mentougou incident, war conflicts, etc. $LISTA $BTC $FET #Mt.Gox将启动偿还计划 #美联储何时降息？

So during this chaotic period from now to early July, don’t short your position. Hold 30% of your position, and then gradually increase your position in ETH and altcoins to 50%-60%. Don’t go all in at once, buy a little bit every day. If the Mentougou news causes BTC to drop to $55,000, it will be a good opportunity to buy at the bottom. $LISTA $FET $ETH #Mt.Gox将启动偿还计划

$BTC can open a short position in BCH

The compensation of Mentougou is more than 140,000 BTC in total

Valued at $9 billion, the existing ETF holds a total of $14 billion worth of BTC

The Mentougou exchange was stolen in 2014.

When to pay compensation is a major unresolved event in the currency circle in the past 10 years

At that time, the cost of holding coins for these people was about 800-1000 USDT

Now it has increased by more than 60 times, and most people will definitely sell the coins

During this period, BTC has fallen for 20 consecutive days.

A large part of the reason is that Mentougou will have to pay compensation before October

We estimate that there will be relevant news in August-September

But I didn’t expect that compensation would start in early July

So this news broke today

Be careful that BTC falls below $60,000

How to pay specifically, how much to pay at a time, and through which exchange to pay, we don’t know yet
But it is certain that compensation will take a long time,
because many people have to go through the KYC process (if they are Chinese, it may be more troublesome)
It is not clear whether this matter will be reversed,
and more information needs to be disclosed

What should we do now?

De-leverage the contract, reduce the position, and buy it back if it falls

Keep about 30% of ETH and other coins

Free up other positions to get bullets, and take one step at a time

Information source: Bit Eagle $BTC $ETH #Mt.Gox将启动偿还计划

BitEagle 🦅6.24 Accurate Market Analysis @Everyone

Good morning, brothers. On Saturday and Sunday,
Binance spot BTC trading volume was only 1/4 of that on weekdays, and the trading volume fell sharply.

On the one hand, it can be understood as insufficient liquidity and weak rebound.
On the other hand, it can also be understood as a decline with no volume, and it is about to end.

According to the on-chain data,
the current stablecoin has fallen to the value on May 14.
Around May 14, the BTC price was also $63,000.

More than 5 Federal Reserve officials spoke this week
On Thursday, Biden and Trump held their first televised debate
On Friday, PCE data was released

After falling for half a month,
ETF funds have been net outflows for 8 consecutive days.
At present, there are three words: patience, waiting, and ruthlessness.
The next support level is $61,500, and you can add positions when you reach it. $BTC $ETH $BNB