As I pointed out a few days ago, Bitcoin's daily rebound was under pressure near $65,000. In the past few days, it has not effectively closed at $65,000. Normally, it will fall back from $65,000 to test the EMA20 daily line of $61,000. If it holds and breaks through $65,000 again, the daily line will further rebound to $68,000 and $70,000. Judging from the current performance, I prefer to continue to rise after a small retracement.

The next few days in the currency circle are all positive. After Trump's injury, he will continue to attend the Bitcoin Conference from July 25 to 27 and give a speech on the 27th.

Ethereum ETF may start trading on July 23.

And the expectation of a 100% interest rate cut in September.

Only the garbage US stock market fell last night. It should be the expectation of interest rate cuts and the existence of a certain concept bubble in AI. A lot of funds have withdrawn from technology stocks and started to be redistributed.

In my opinion, Meme does not necessarily support healthy development in the market. More than 90% of the transactions on Nasdaq are junk stocks. It will become a place where even dogs don’t play for a long time. Compliance market makers are unwilling to participate.

Meme can be a business card and a tool to attract traffic, but the possibility of using Meme to leverage the trillion-dollar market is too low. Whether it is ETH or SOL, if the value of the chain is supported by Meme, it may not be long-term.
SOL is the first trading chain. Whether it is meme or other, the on-chain trading activities mainly occur on it. Meme is just a manifestation of the wealth effect!
Trx is the first stable currency public chain
Both are good businesses, with steady income!
ETH is still the safest public chain for asset issuance. It seems that this part lacks wealth effect for the time being!
Other chains, whichever is popular, copy it!

Friends in the cryptocurrency circle, wanting to buy at the lowest point may be a bit idealistic and one-sided. In fact, the low point is only a relative bottom range, not an exact number. The fluctuation of a few points can actually be ignored. People who pay too much attention to short-term market conditions may be more likely to miss the low point.

On the contrary, the high point is only a relative high range. A fan privately mentioned that the set stop-profit point is always a few points more than the highest point, and then it fell short many times, and returned to the starting point, and repeated it. This mentality of "not willing to suffer losses" has actually almost eaten up the losses.

In the cryptocurrency circle, less loss is equal to profit, and less profit will inevitably bring benefits. Therefore, we need to have a broader perspective, look at the market rationally, not be swayed by short-term fluctuations, but grasp the overall trend, so that we can be at ease in the cryptocurrency circle.
#美国6月非农数据高于预期

I have a friend. He happened to make a fortune by speculating in cryptocurrencies. He bought a townhouse in Shenzhen two years ago, and paid the full amount without a mortgage. He was born in the 1990s.

This neighbor was originally a programmer. He earned a lot of BTC by playing games in his early years. Later, he sold them one after another and sold them all in 2020. According to his friend, he made more than 5000w by selling coins. The real number is probably unknown to anyone except his family. After making money, he sent his younger brother who was in college to the UK for gilding.

I had a meal with him some time ago. He was very low-key. He had been driving a Crown car for 6 years and never changed it. He didn't have any luxury goods on him.
When I asked about some ideas about playing coins and speculating in stocks, his words enlightened me: Don't envy those who became rich overnight in the coin circle. They are all chosen ones. It is destined that playing coins to make money is half technology and half luck. What you have to do is to have a correct mentality. He was very glad that he sold the coins in advance, otherwise the risk of large-scale coin issuance in recent years would be very high.

At present, his investment portfolio is: 50% bank fixed-term financial management + 30% stocks + 20% active cash. A state of complete financial freedom.

I tell you this example to express that: speculation or investment determines the risk level of your funds.
It doesn’t matter if you play with less than 20% of your assets, even if you lose money. When you encounter a big market, you will act decisively and stop profit and loss immediately. Maybe one day the goddess of luck will come to you.

A transaction can ruin your day, your week, your month, your year, or even your whole life! Our brains are deeply rooted in the idea of ​​obtaining stable and fast profits, which is precisely the taboo of trading. Before each transaction, don't always think about making profits. It is best to anticipate losses first. #山寨季何时到来？ #美国大选如何影响加密产业？ #以太坊ETF批准预期 #币安7周年

Many people are worried about Mentougou. Mentougou pays compensation based on the value at that time. Logically, these coins are in the hands of former investors, not directly sold by the compensation party. Why does the market think that these investors will definitely dump the market? The coins they get are still the same value as many years ago, and they are not appreciated. There is no profit margin in the future, and there is no such thing as full profit taking. It can be understood as returning part of the circulation, but I believe that most people will not rush to sell. As long as it is not sold in a centralized manner like the German government, it will be dispersed back to the hands of investors and they can sell it later when they want. The selling pressure is actually not as great as imagined.

Share your views:
1. The "rotation" from large-cap stocks to small-cap stocks in the US stock market has already occurred, and it has entered the easiest time to make money.
2. The mainstream bearish view is liquidity. The US dollar has no liquidity risk for the time being. From a macro perspective, the risk must be seen whether it is an extreme value, and it is definitely not at an extreme value at present.
3. Both Bitfinex's big players and ETFs are increasing their positions on BTC.
The view that the Q3 market is optimistic remains unchanged.

In the current price range of Bitcoin, whether you are holding at a low price or chasing the rise at a high price, don't take it lightly. It is unrealistic to simply think that the halving bull market has come and you can sit back and relax and hold positions. Here are two suggestions:

1. Stop profit at the right time: If you feel that you can't hold it anymore, you can stop profit appropriately to reduce psychological pressure and avoid emotional operations.

2. Raise the stop loss line: Respect the changes in the market, raise the stop loss line, and guard against possible market fluctuations.

Saving traffic version: Stay stable and don't operate randomly.

In response to the legal issues that investors are concerned about, we, the old players who have experienced the bull-bear transition in the cryptocurrency circle, give you the following suggestions:

1️⃣ In China, Bitcoin (BTC) is not considered a legal tender. Therefore, buying and selling between individuals is free, including the inflow and outflow of funds, and does not constitute an illegal act. However, investors should avoid speculating on exchange rates through Bitcoin during transactions, and should not participate in activities that may involve illegal fundraising.

2️⃣ Businesses related to cryptocurrencies, such as opening exchanges, issuing new cryptocurrencies, or conducting over-the-counter (OTC) transactions, are clearly prohibited in China and are illegal. Investors and entrepreneurs should remain vigilant and avoid touching the legal red line.

3️⃣ Since there may be differences in legal awareness and law enforcement efforts in various regions of China, in specific practices, investors and practitioners need to pay more attention to changes in the local legal environment to ensure the legality of their own actions.

Speculating in cryptocurrencies means buying at a low price, holding a heavy position, and holding patiently to make big money
The cryptocurrency circle is always rotating, and there is never a lack of opportunities to enter, but if you want to make big money, you can only do the following

1. Buy good leaders at low prices. Good currencies are usually not cheap. Wait patiently for opportunities. If you want more opportunities, you must pay attention to more high-quality currencies.
2. With a heavy position, when a big opportunity appears, you must be able to seize the big opportunity.
3. Hold patiently. A complete cycle is only one year or more. The bull market of an industry is only one or two years. Think about it, you can make a lot of money after holding patiently for a year.

This bull market may be entering the second half of the period. In the first half, many friends including me have been on a difficult roller coaster, from the peak of hope to the valley of despair. If the first half of the game was not satisfactory, now is the time to cheer up and think seriously about how to play in the second half.
No one can predict the market, yes, no one! It is so absolute. If someone can predict the market, he is either a god or a charlatan. What we can do is to judge the large amount of uncertainty in the future according to our actual situation in the most limited deterministic events. For example, what I can do is
1. Review the wrong decisions in the first half to avoid making mistakes in the second half
2. Make clear your goals for the second half and this round of bull market, and reverse your decision-making actions based on the goals
3. Mark all the positive and negative deterministic events you can find and others tell you in your computer calendar, give notes including the positive/negative level, whether it has been realized, etc., and update it at any time. Use this calendar as a deterministic timetable combined with your own positions and expectations to assist your decision-making and judge future uncertainties
Finally, remember that opportunities are added by adding positions, and being stuck is also added by adding positions. Profits and losses come from the same source. I wish you all good results in the second half!

BTC's deep pullback to the extreme of 53.5k, the proportion of floating profit chips on the chain fell to 74% (7-day MA)

73% on July 3, 2020

It is worth mentioning that both pullbacks occurred shortly after the BTC mining output was halved (Figure 2).
#山寨季何时到来？ #美国大选如何影响加密产业？ #以太坊ETF批准预期 #币安7周年

The callback is the last chance to get on board
1. BTC has been bullish on the weekly line, and the weekly callback is now over, and a new round of weekly rise has started
2. The daily line is in the process of transitioning from short to long. The current price stands on all moving averages, and MACD returns to the 0 axis. There will be a callback lasting about a week during the transition process. After the callback, both large and small levels will become bullish.

Which one is more cost-effective, buying 100,000 U of SOL or buying 100,000 U of ORDI?

Can ORDI's income compare with SOL?

ORDI: The leader of Bitcoin ecology and inscription sector, ORDI is the first and most valuable BRC20 token on Bitcoin.

SOL: Solana was founded by former Qualcomm and Intel in 2017. SOL is the native token of Solana blockchain. As part of Solana's security design, all fees will be paid in SOL and burned, thereby reducing supply. It is the currency with the largest increase in purchase volume in the world, with a growth rate of 1650% compared with last year.

If you have to make a choice between these two projects

I will choose 80,000 U to buy SOL
The remaining 20,000 U to buy ORDI

Intraday selection: PEPE, NOT, PEOPLE, SATS, which one to choose specifically? Just follow my pace. Friends who like spot and contracts, follow my pace. The market has stabilized. The first target above is $69,000.

In the cryptocurrency world, some people use leveraged trading to pursue high returns.
For example, if the price of the currency rises with triple leverage, the returns will be magnified!
Specifically, if the price of the currency doubles, your returns can become ten times the original; if the price of the currency rises by two times, the returns can become a hundred times; if it rises by three times, theoretically, you can earn a thousand times.
It sounds tempting, right?
But this is an ideal situation. In fact, it takes an increase from 2 yuan to 8 yuan to achieve this effect.
Someone mentioned that ORDI coin has risen several times. You can calculate how much you can earn.
You should know that it is not uncommon to hear that the currency circle has increased by dozens of times. It stands to reason that some people should have earned millions of times. And triple leverage is just the beginning. There are also five times and ten times, with higher risks and returns.
However, remember that high returns mean high risks. Once the market reverses, the losses will also be multiplied.

How should novices ride on potential coins to escape the leeks in the bull market? ? Be sure to read it! It will be very inspiring to you! ! ! !
1. In the bull market, the more popular the coin (often accompanied by high control), the faster it falls and rises! !
2. Few people promote the real potential coins and bottom coins. On the contrary, only a small number of people will occasionally shout at the bottom (such as C98 and LEVER last year)! !

3. The trend of the currency circle, looking at the overall situation, is always a gentle curve

4. The pull-up methods of the copycat coin dealers are similar, usually smashing + slowly pulling up
5. If the new coins on the exchange are accompanied by a surge first and then a plunge, then you can't touch them! !

6. It is normal to fall when you buy and rise when you sell. If you can't stand this fluctuation, you should consider your mentality! !

7. When you buy, it rises instead of falling, and after you make a profit of 5%-20%, it suddenly starts to pull back, which means that the coin is about to start harvesting

8. The most ruthless price rebound is often not the potential coin, but the leek plate (zro)
9. In the bull market, some potential coins perform mediocre in the first half, but often start to rise several times in the second half. In the bull market, if a coin can still go sideways for several months after experiencing several times of increase, it is probably a potential coin! !

The trend of the currency circle is full of uncertainty and challenges, but it also contains potential opportunities. When participating in the currency circle investment, investors should fully understand the relevant risks, stay calm and rational, and respond to market changes with a steady strategy!

I have a feeling that altcoins will start the second wave in late July!

Most altcoins have oversold in this decline, and the start of the trend will definitely have a good wealth effect. The end of the Mentougou sell-off and the start of trading of the Ethereum ETF may be the beginning of a frenzy-

So in addition to MEME, what other sectors and tokens are worth buying?

Tell me in the comment area: In addition to BTC and ETH, I plan to use 50,000 U to layout altcoins-

CME Fed Watch pointed out that the probability of the Fed keeping interest rates unchanged by September is 0, and the probability of a cumulative interest rate cut of 25 basis points is 85.7%. The interest rate cut in the second half of this year can be said to be a foregone conclusion.

In addition, the Ethereum ETF is about to pass this month.

The interest rate cut is essentially the Fed's release of more money, and the passage of the ETF will also bring more capital inflows to the crypto market. Refer to the market after the Bitcoin ETF was passed at the beginning of this year, which has been soaring for several consecutive months.

This is the current news. The German government has no negative impact on the market. The current situation is the Mentougou incident. Today, it is said that the MA120 suppression test of BTC's high position is testing the selling pressure. In fact, this selling pressure is a negative impact from the quality, which does not affect the overall trend.

Now the Mentougou compensation incident is on the agenda again, don't let yourself get washed out! ! ! ! !
First of all, the Mentougou incident is used every year to scare retail investors. When the German government sold off this year, why didn't Mentougou sell directly at a low point? Smashing the market around 63,000, isn't that a brain problem?

So this wave of selling was premeditated, deliberately washing out retail investors, because the next market is good! From the recent ETF to the arrival of interest rate cuts, to the US presidential election, they are all good market trends. So don't let yourself get washed out!

The best opportunity to build a position was in the past three months!
There will be no new lows in the next three months!

I personally hope that the market will fluctuate for a while longer in July, August and September, so that from the weekly chart,
March to September will form a perfect straight line. The longer the horizontal line is, the longer the vertical line will be. The potential in the second half is unimaginable. Just hold on.

We just need to remember that there will be no big drop in the next three months, no matter whether it continues to surge or fluctuate. #山寨季何时到来？ #美国大选如何影响加密产业？ #以太坊ETF批准预期 #币安7周年