#TradeNTell Ever wonder what the essence of trading is?

In essence, the transaction is completed by the cooperation between the buyer and the seller

Therefore, all transactions are the consequences of inconsistent thinking.

If from the beginning, your investment logic is wrong

Then it will bring you more mistakes in the future. You must learn to think reversely and analyze carefully.

After the adoption of ETF, the market really stagnated. Those buyers turned into sellers, and the sellers kept buying in different places.

Now in the market, expectations for interest rate cuts are either in March or May, and they all believe that there will be a correction during this period.

However, this halving is around April, and the rise after the halving usually lags for a period of time, which may have smoothed the decline in interest rate cut expectations.

So there is no need to catch the so-called lows, be a firm trader on the right, invest and hold $BTC #ORDI

The price of Bitcoin has been below $70,000 for quite some time. Multiple attempts to break through have failed, and the upward momentum has not been maintained.

But in fact, most retail investors have not yet participated in the current Bitcoin market cycle and are afraid of the current market situation.

The realized profit level of short-term holders measured by SOPR has not yet exceeded the historical peak level seen at the top of the early cycle

The current market structure is mainly dominated by long-term holders, and the relative scarcity of short-term holders makes it less likely to immediately turn into a bear market

There is still potential for a sharp rise in prices before the top of the cycle is formed

The copycat is bearish, and the mainstream is bullish! Overall, it is still in the mid-term bull market! $BTC
😀

Is it going to fall? !
Despite the recent price drop, Bitcoin's market sentiment shows signs of a potential rebound, and key indicators like the Taker buy-sell ratio and exchange net flow indicate a shift in sentiment towards the bullish side, with increased buying pressure. The current price is around $66,360, with support at $65,000, while the relative strength index (RSI) indicates a bearish trend. On the other hand, Bitcoin is struggling to turn bullish amid selling pressure, with indicators like MACD, CMF, and RSI pointing to a bearish outlook. Miners selling their holdings and high net deposits on exchanges have led to negative sentiment, but despite this,

🤔🤔$ Bollinger Bands hint at a possible price recovery.

SOL currently has a buy signal, and the funding rate, open interest and trading volume are all falling. The price may rise in the next two days.

But bearish sentiment and market indicators such as RSI, CMF and MACD are still negative.

Last week, the price fell by more than 10%. If the downward trend continues, SOL may fall below 140 this week and head towards 135. 💰$SOL

Getting closer!

The U.S. first-time claims data has risen from 190,000 to 230,000 recently. Tonight's data has reached 240,000, close to the "threshold" of 250,000+ that should be reached during the interest rate cut cycle. The interest rate cut is getting closer and closer to us. The crypto market and other types of assets under the framework of the U.S. "recession" are about to be staged!

#币安合约锦标赛 #美国5月CPI超预期回落 #ZKsync空投争议 #IO #币安用户数突破2亿 $BTC $ETH $SOL

The last bull market peaked from October 20 to May 21, and the market came to an abrupt end...
This bull market has been going on for more than half a year from October 23 to June now

If you are waiting for 519 at that time, I think you should be disappointed...
Just like the violent wash from mid-2019 to 312, and the digestion from April to October 23

Different fundamentals and trend states will result in different market fluctuations

This time, it is also time to digest with more stable and boring fluctuations

The cottage season has come....#5月非农数据即将公布 #MegadropLista #NOT涨势分析 #美国4月核心PCE指标显示通胀放缓 #StartInvestingInCrypto $BTC $ETH $SOL

You should know that if ETH/BTC is at the high point of the previous trading day, then the current price of ETH should be around $5,570

But it is only $3,800 now💲

Formulate corresponding strategies according to capital positions as soon as possible

#美国4月核心PCE指标显示通胀放缓 #MegadropLista #meme板块关注热点 #StartInvestingInCrypto #ETH大涨 $ETH $BTC

Tonight, the whole world has lost its voice

The annual rate of the US core PCE price index in April was 2.80% (previous value: 2.8%; market expectations: 2.8%) - in line with expectations

--Except for the obvious decline in the US dollar, the world seems to have lost its voice. #MegadropLista #meme板块关注热点 #MtGox钱包动态 #现货以太坊ETF获美SEC批准 #PCE数据 $BTC $ETH $SOL

Tonight, the risk is heightened!

The market is closely watching Friday's US PCE inflation data to predict the trend of Bitcoin (BTC). Some institutions said that stronger-than-expected consumer confidence and weak US Treasury sales put pressure on Bitcoin prices

If the inflation data is higher than expected, Bitcoin may fall back to $65,000, and in the worst case, it may fall to $60,000, which coincides with the 50-day moving average.

Inflation rose 2.7% year-on-year in March, and April data will be released at 20:30 on May 31

In addition, on-chain records show signs of renewed interest in Bitcoin (BTC) buyers. Long-term investors have started accumulating again for the first time since December 2023

We will know how it goes tonight #MegadropLista #meme板块关注热点 #贝莱德IBIT比特币持有量反超灰度GBTC #MtGox钱包动态 #现货以太坊ETF获美SEC批准 $BTC $ETH $SOL

Awesome! 160 times in 8 hours, the Kardashian family's "dog blood" cryptocurrency game is staged again

Just because Caitlyn posted a photo of shaking hands with Trump on social media, it immediately exploded, and the Jenner token soared 160 times in 8 hours.

The developer also immediately sold the token, and the price plummeted.

Caitlyn Jenner has 3.36 million followers. Although she denied that her account was stolen, the community even suspected that the video was fake

The celebrity effect is a double-edged sword. It can quickly accumulate traffic, but it is also easy to become a tool for cutting leeks.

Now the possibility of getting rich is decreasing. The prevalence of MEME culture has also made people question the core value of cryptocurrency, and truly disruptive applications are still hard to find. In this stimulating market, how to find truly potential projects is the most difficult problem.

#meme板块关注热点 #现货以太坊ETF获美SEC批准 #MegadropLista $BTC $ETH $SOL

The saturation of the cryptocurrency market has reached a sky-high level? How to choose from so many projects?

According to a report by Coingecko, there are more than 2.5 million tokens in 24 years, and the creation speed of new tokens is also very fast. By the beginning of April 24, more than 540,000 new tokens were created, with an average of 5,300 new tokens added every day.

What drives this saturation? It is estimated that one potential reason is the trend of imitating successful projects. Successful projects will spawn a large number of imitations, resulting in a large number of derivative tokens.

How to find potential altcoins in such a saturated market? Keep in mind five criteria: grand narrative, increasing user base, strong community, low bias bias and clear value.

However, successful screening does not guarantee investment success, and smart and hard-working people can still find opportunities#MegadropLista #meme板块关注热点 #贝莱德IBIT比特币持有量反超灰度GBTC #现货以太坊ETF获美SEC批准 $ETH $BTC $SOL

Why does MEME continue to soar?

From the structural problems in the Web3 ecosystem and the voting response of users’ funds

The answer is obvious

When trading platforms, market makers, venture capital, project parties and opinion leaders are making profits, while most ordinary users are losing money, this reveals the deep structural problems in the market and indicates that this situation cannot last.

Behind every "fancy loss of money", users may abandon Web3 products and VC tokens and embrace the fairer and grassroots Memecoins. This reflects the rebellious behavior of funds voting with their feet.

Before some Web3 ecological applications have achieved a closed value loop, ordinary users will face the dilemma of "nowhere to go".

So now you know how to formulate your position!

Follow the video account to see details 👇#MegadropLista #meme板块关注热点 #MtGox钱包动态 #现货以太坊ETF获美SEC批准 $BTC $ETH $SOL

Last night, the Fed fired the gun!

Yesterday, the speech of the Fed officials stirred up waves in the financial market, the US dollar index rose, and the US stock market fell. His speech did not have any new ideas, but it can still affect the market.

In an interview with CNBC, Minneapolis Fed Chairman Kashkari said that we should wait for more evidence that inflation is cooling before cutting interest rates. If inflation fails to fall further, there is even a possibility of raising interest rates.

First, it "implies" that even if Friday's inflation data cools, it still won't change anything, and the Fed still doesn't have the confidence needed to cut interest rates; second, it does not rule out the possibility of further interest rate hikes.

Recently, meme has exploded, but from a macro perspective, funds are not in the best period to enter, pay attention to risks #MegadropLista #山寨季何时到来？ $BTC #现货以太坊ETF获美SEC批准 #EarnFreeCrypto2024 $ETH $SOL

Don't panic!

Mentougou has a total of 140,000 coin blocks

If the market can't withstand a 1% crash, liquidity is just an excuse

It's really a small scene. ETFs buy so many coins indirectly every day. Mentougou just meets the supply. If this 1% is digested, the decentralization process of crypto will take another big step forward#MegadropLista #山寨季何时到来？ #MtGox钱包动态 #现货以太坊ETF获美SEC批准 #EarnFreeCrypto2024 $BTC $ETH $SOL

Now many bigwigs are starting to sing endlessly $ETH

Founder of DeFiance Capital: Ethereum will rise to $4,500 before the Ethereum spot ETF goes online for trading;

Zhu Su: Ethereum will lead the market in the next 90 days;

If you don’t play, you won’t understand. In this market, you only know how to chase the $ETH ecosystem. It feels like playing anything else is a loss.

I don’t know what to do now. Do you have any recommendations? #PEPE创历史新高 #现货以太坊ETF获美SEC批准 #MegadropLista #EarnFreeCrypto2024 #美众议院通过FIT21法案 $ETH

Now the number of different addresses on the Ethereum L2 network has reached a record high of 7 million.

The growth of different addresses on Ethereum L2 shows that Ethereum's expansion strategy is working.

ETF trading started in mid-June. The dealer has revealed his cards. Why don't you see how to play to make money...#PEPE市值超越LTC #现货以太坊ETF获美SEC批准 #MegadropLista #EarnFreeCrypto2024 #美众议院通过FIT21法案 $ETH $SOL

Now the ETH spot ETF has been approved, and it will be possible to go online for trading in about three weeks. The liquidations have been completed, and the stockpiling is being stepped up.

Buying ETH at 3700 U seems to be safer than 78 U after the collapse during the mask period.

#现货以太坊ETF获美SEC批准 #MegadropLista #EarnFreeCrypto2024 #美众议院通过FIT21法案 #BTC走势分析 $ETH $SOL

Tonight, rumors about interest rate cuts are spreading

Goldman Sachs expects the Fed to cut interest rates for the first time in September and the second in December.

In fact, there are no major events that can affect the capital market this week. Investors now just want to know when the interest rate will be cut, and don't want to hear a lot of complicated things.

This is why the approval of ETFs did not drive the market's bullish sentiment, but instead triggered profit-taking by bankers

The biggest risk event next week is not economic data or speeches by Fed officials, but time - at the end of the month, the end of the quarter, and the end of the half year, some magical things will happen. In addition, a group of Fed officials will speak next week, and they come with new tasks.

So, run? #现货以太坊ETF获美SEC批准 #MegadropLista #EarnFreeCrypto2024 #美众议院通过FIT21法案 #BTC走势分析 $BTC $ETH $SOL

Some people also asked why the value of ETH did not rise after increasing by about $100 billion in 24 hours😂😂😂😂

You can’t short even if you are bearish

Trading will be available in about three weeks

The big one is coming…#现货以太坊ETF获美SEC批准 #MegadropLista #美众议院通过FIT21法案 #BTC走势分析 #新币挖矿 $ETH $SOL

A new wave of demand?

One of the drivers of yesterday's trend was the strong demand for ETFs, which saw a net inflow of about $1.2 billion last week.

Adding ETH's ETF to the mix, it's going crazy...

#比特币披萨节 #以太坊ETF批准预期 #PEPE创历史新高 #BTC突破7万大关 #Gala遭黑客攻击 $BTC $ETH $SOL