Recently, everyone has started to worry about whether the subsequent market has bottomed out
or is it a relay decline?
Will Bitcoin go below 50,000?
The rise and fall of the market is the most attractive topic in the currency circle, so many media, communities, and social platforms in the market are always analyzing their own views
These news may generate hundreds of thousands of pieces a day, with good and bad news. It is not a simple matter to think about finding the direction by interpreting the news
The news has become the most critical part of guiding public decision-making, and there is a 28th law in the financial market, which means that 80% of people are doing things that are most likely wrong
Unless you have a certain professional foundation, have in-depth research on the underlying architecture and development history of the currency circle, and have successful investment experience, otherwise it will be a pit to be deeply trapped in the interpretation of the news
The TON event was extremely popular yesterday, with a huge lineup of project parties.
1. The Penpie hacker succeeded and converted the illegal proceeds into more than 11,000 ETH, and part of the funds flowed to Tornado Cash. 2. The amount of liquidated positions on the entire network reached US$194 million, of which BTC accounted for US$52.8153 million. 3. The price of Penpie (PNP) fell below 1 USDT, plummeting nearly 40% in 24 hours. 4. Ethereum L2 transaction fees have dropped significantly, and L1 revenue has plummeted by 99% in the past six months. 5. To ensure the safety of funds, the Pendle protocol suspends all contract operations due to the Penpie vulnerability. 6. The US SEC disclosed that half of Galois Capital’s assets were affected by the bankruptcy of FTX, resulting in heavy losses. 7. Market turmoil resumed, and the SEC accused Galois Capital of custodial negligence. 8. Matter Labs, the company behind ZKsync, announced its first layoffs, with a ratio of 16%. 9. Fundstrat co-founder warns: Investors need to be cautious in the next eight weeks in the face of potential interest rate cuts by the Federal Reserve and the approaching election.
#Telegram创始人获保释 #BTC走势分析 #加密市场急跌 #非农就业数据即将公布 #以太坊基金会 If you don’t know what to do, you can click on me to follow or click on my avatar to find me at any time. All contract and spot gameplays are shared. Just to gain fans
Binance is set to release BNSOL, a new Solana staking product, at the end of September.
BNSOL allows you to stake SOL tokens to earn network fees and generate liquid staking tokens that can be used flexibly even if the underlying tokens are locked.
Binance executives emphasized that this is a strategy to fully tap the value of staking, enhance fund liquidity and accumulate rewards.
Liquid staking tokens represent assets that are locked but still tradable in the proof-of-stake blockchain, allowing you to enter the DeFi platform during the asset lock-up period.
BNSOL provides a "dynamic annualized rate of return" that follows the fluctuations of Solana staking returns. Please pay attention to the waiting period when redeeming.
Stay tuned for the details of the protocol officially released by Binance at the end of this month.
In the afternoon, after the market once soared to around 59,790 points, it turned into a moderately volatile downward trajectory. It is currently stabilizing at the 58,800 mark, showing that the early rise was quite significant. Overall, the market is still running in a steady upward channel, although it has encountered a certain degree of correction, which is seen more as a natural consolidation process after a surge. Currently, the market maintains a slow upward trend.
Based on this, the bullish strategy we proposed at noon does not require major adjustments for the time being, because the price has hit our preset entry area as expected. Next, we will continue to make subsequent layouts around the long strategy. Recently, every round of our strategies has accurately captured profit opportunities, and the entry points and goals have been successfully achieved. These strategies have been disclosed to the public in advance. Their high accuracy is eye-catching and well-documented. Not empty talk.
Observing the current market, on the daily chart, as the price gradually climbs along the upward channel, accompanied by the bottoming and strengthening process of the weak callback, the momentum of the bulls continues to increase, pushing the moving averages to rise simultaneously, establishing the irreversibility of the bull trend. On the four-hour chart, the upward channel remains clear, the price rises steadily, and the bulls gradually take the lead in the transformation of long and short forces. Although the short-term correction is preparing for another high, the overall operating direction should still stick to long.
Bitcoin (BTC) operating range: 59000-58600, bullish, target 60500 Ethereum (ETH) operating range: 2510-2480, bullish, target 2600 #美联储何时降息? #BTC走势分析 #以太坊基金会 #美联储何时降息? #Telegram创始人获保释 Follow me on the homepage, I will share spot passwords for free every day, bull market layout strategies, and coins with 100 times the potential
Is fate really determined to favor Trump and let him make great achievements again? 🤔
This "stubborn stone" in the political arena seems to have seen a glimmer of hope for a comeback! 💪 His luxurious supporters made a brilliant appearance, and the first dazzling star was Netanyahu, the top star among the "nobles"! ✨
Afterwards, a series of heavyweights came one after another, converging into a torrent of "supporting Trump": Zuckerberg's technological leadership, Musk's future prospects, Kennedy Jr.'s family glory, Durov's communications hegemony, and even Brazilian President Lula's international stage power... Among them, there are many "old enemies" who once confronted Trump, but now they have come up with their own tricks to help him return to the top. Is this a wonderful turn of fate? 🤝
However, among this group of heroes who helped him, Netanyahu's support for Trump was particularly firm. He is not only a "predecessor" on Trump's political path, but also a leader in the Jewish Zionism and American Jewish internationalism camps. Even if these big men behind the scenes may have complaints about him on weekdays, they still need to give him some face at critical moments because he holds the power of speech. 💰🛡️
Netanyahu supports Trump for a simple and straightforward reason: the Democratic Party's propositions frequently hinder his plans, especially the ceasefire proposal, which gives him a headache. In contrast, Trump may bring an unexpected "turnaround". 😏This election battle has become a competition to see who can "trouble" more and who can "challenge themselves" more exquisitely.
😂But now, Trump seems to have grasped the key to reversing the situation, leading by a large margin, showing his indomitable vitality. As long as he can hold on until the election day, everything is possible to turn around! 🎉
Therefore, let's wait and see how this political drama ends! 🎬
The current daily K-line picture continues to reflect the weak downward trend of the market, and no strong reversal signal has emerged in the short term. Looking at the 4-hour chart, although the market has briefly broken free from the downturn and entered the rebound range, the momentum of this round of rebound is obviously insufficient, and the short-selling pressure is still heavy, making the road to rebound full of obstacles.
In view of this, the core of today's trading strategy focuses on the key resistance area of 60,000 above, following the flexible strategy of "short if not broken", giving priority to the layout of short orders, and the target is 58,500 to 58,000. Once the target is reached or the market shows signs of reversal, you can consider going long and respond flexibly to market fluctuations.
Operation points: Build short positions in the range of 59,600 to 59,900. The target is down to the area of 58,500 to 58,000.
Observation of the crypto market in the afternoon: the rebound is beginning to emerge, and its sustainability remains to be tested
The market ushered in a wave of rebounds in the afternoon, especially the rapid recovery of altcoins after hitting a new low, but I am reserved about whether the bottom is established or not. The best rebound window may still wait for the release of non-agricultural data, after all, the current market liquidity is slightly tight. It is worth noting that the performance of indexes such as the S&P is strong, reflecting that funds may be overflowing from the crypto circle, and only the crypto field is deeply cleaned.
Daily line perspective overview: - The intraday market experienced a brief bottoming out and then rebounded. The upper resistance is still stable around 60,500 points, and the extreme challenge is at 65,000. The bottom support is clear in the 56,000 area, and 57,000 is used as an additional line of defense in the near future.
4-hour chart analysis: The current trend shows a shock pattern on the 4-hour chart. Only when it successfully stands above the 59,000 mark, the bullish signal becomes obvious. In the short term, the upper resistance focuses on 59,200 and 60,000 points.
Interpretation of intraday strategy: - Bitcoin's recent sharp fluctuations are actually a direct reflection of the dual uncertainty of the US political economy. In the face of possible sudden negative news, market fluctuations and even liquidation are normal. Strategically, it is recommended that the first task is to hold positions steadily to ensure survival, and other concerns are temporarily shelved.
- In the short term, the hourly rebound has begun to show signs, and it is expected to seek a breakthrough in the range of 57700 to 58800. Once it stands above 58800, the rebound potential at the 4-hour level can be further observed, and it will be steady and steady and gradually advanced.
If you want to know more about the relevant knowledge of the currency circle and first-hand cutting-edge information, follow Dasheng, publish market analysis every day, and recommend high-quality potential currencies. #非农就业数据即将公布 #美联储何时降息? #BNBChainMemeCoin #英伟达财报 #OpenSea收到韦尔斯通知
This week begins, and the end-of-month summary: August continued to fall, and the financial market was turbulent. The expectation of interest rate cuts is still undecided, and the market trend is complex and unpredictable. The crypto market is gradually integrating into the formal financial system, and the challenges are escalating.
Focus on September 2: Swissquote Bank analyst Ipek Ozkardeskaya predicts that if the non-farm data on Friday is strong, the US dollar may strengthen, weakening the expectation of a 50 basis point interest rate cut this year. The market has been dominated by such analysis recently. September has great potential and unprecedented volatility, which is a good opportunity to make profits. Join us and share the journey of wealth appreciation.
Monthly line analysis: Last month's monthly line closed in the negative. If the lower shadow line is filled this month, October may continue to fall. Although the macro environment has changed, the market focuses on the second test, and 48,000 has become the key. The layout within the month needs to be flexible. The support level is 56,000-57,000. If it rebounds here, it will bottom out this month; the other support is 53,000. If it is effective, there is still hope to rise to the target of 80,000, otherwise it will fail.
**Weekly Outlook**: Last week, the negative K-line was obvious, and the signs of trapping empty appeared. The bottom grinding intensified, indicating the eve of the rise. The market atmosphere is cooling down, which is actually a sign of the eve of a big rise. The key support level this week is 56,000. Whether it can become a bottom remains to be seen. The product has performed strongly. If the theory is established, the weekly K-line is expected to rise directly. The primary pressure level is set near 63,000, which reserves further upward momentum for next week.
In terms of the daily level, the market is currently maintaining continuous fluctuations in the parallel channel, with the key support stable near 56,000, and the upper side faces important pressure of 65,000. The overall trend is a medium-frequency oscillation.
Recently, DOGS tokens have continued to show a downward trend.
This indirectly reflects that the current market atmosphere is biased towards caution. In the afternoon today, its price hit a historical low of 0.0010401, and then rebounded slightly to 0.0010675, but the drop was still as high as 13.89%, indicating that the short-term downward trend has not changed unless the market shows significant signs of reversal or strong buying intervention.
As a high-profile meme token on the TON blockchain, DOGS has been actively traded since its launch, with extremely eye-catching trading volume and a staggering total market circulation of 516.75 billion units. On the Binance platform, its average daily trading volume exceeded 210 billion in the first four days, and it surged to more than 314 billion on the third day, demonstrating its strong market appeal and liquidity. If the price continues to bottom out, 0.0010809 will become the next important support test point. Once this support is effectively broken down, the market outlook may face further downward pressure.
On the contrary, if the price can rebound strongly, its upward path will first encounter resistance from the previous high, specifically located in the range of 0.00111336 to 0.001138, providing investors with potential profit targets and strategic references.
1. On September 6, the United States will release the latest unemployment rate data. This data is directly related to market sentiment. Any significant fluctuations may instantly affect market trends. Investors must remain vigilant.
2. Immediately afterwards, on September 11, the US Consumer Price Index (CPI) was released. It is the key to measuring price changes and is crucial for assessing inflationary pressure and the direction of monetary policy.
How to judge market trends? - Good signal: The interest rate cut is accompanied by a decline in the unemployment rate and a slowdown in CPI growth, which may indicate an accelerated return of the bull market. - Negative combination: When interest rates are cut, the unemployment rate rises and the CPI rises, which may trigger market pessimism and increase the risk of restarting the bear market. Investors should strengthen risk management. #MtGox钱包动态 #美联储何时降息? #非农就业数据即将公布 #美联储何时降息? #以太坊基金会 If you are confused and don’t know what to do, you can follow me and find me by clicking on my avatar, which is available to all strategy fans. Just to gain fans…
The market is attractive, but decisions need to be made with caution.
Seize the opportunity and try to short $NULS, aiming at the top three on the list.
The current price is around 0.4343 to enter the short position, set the stop loss around 0.461, and the initial profit target is temporarily set at below 0.4.
The Fed's rate cut shockwaves on the eve of the election, Powell's decision triggered controversy, and Trump's approval rating plummeted by 2%!
The head of the Federal Reserve, Powell, announced the decision to cut interest rates. This move was like a bombshell, causing waves in the election situation.
President Trump's approval rating plummeted, falling by nearly 2%, while his opponent Harris's approval rating took the opportunity to rise by 1%.
Trump and Harris's approval ratings clashed fiercely, with a trend of 50% to 48%, and the suspense of the election increased sharply. Trump once warned Powell to avoid cutting interest rates to help Biden, but Powell's actions did not seem to be affected by it.
This close interweaving of finance and politics is quietly reshaping the economic and political landscape of the United States and even the world. Behind the rate cut, is it an economic trade-off or a political strategy?
Can Trump turn the tide and regain the trust of the people? Everything remains to be revealed. If you are confused and don't know what to do, you can click to follow, click my avatar to find me, all strategy fans have it. Just to increase followers... #Telegram创始人获保释 #英伟达财报 #美联储何时降息? #新币挖矿DOGS #BNBChainMemeCoin
BTC has fallen below the second support and started to rebound. Please pay close attention to the upper pressure levels at night: 58140, 58465, 58775; if it continues to fall, the lower support levels should focus on: 57515, 56745, 55960.
ETH also fell below the second support and rebounded. When it rebounded at night, pay attention to the upper pressure levels: 2474, 2490, 2505; when it continues to fall, pay attention to the lower support levels: 2431, 2388, 2315.
At the beginning of September, the Dogecoin community was boiling! Musk responded to expectations and said "me" would restart payment, and market sentiment soared. Coupled with the good news of winning the lawsuit, Dogecoin has stabilized at $0.1 and is ready to go. With the increase in liquidity in September and the expectation of Tesla, Twitter, and Starlink payments, Dogecoin is expected to jump over $0.3 and regain its glory!
🌐【BTC subtype network: a new milestone】🌐On September 9, BTC ushered in the launch of the BTC subtype network, which is good for PIZZA coins. The market expects a strong pull, and PIZZA may usher in an explosion, doubling or even tripling growth is expected, and investors are enthusiastic.
📊【Quantitative investment leads the trend】📊 Market volatility intensified, BTC hovered around $58,000. Quantitative trading shows advantages and can easily cope with shocks. Ordinary investors can try to invest in fixed-term hoarding coins, seek stability and win, and enjoy long-term growth dividends.
🚀【September Market: Opportunities and Challenges】🚀The digital currency market in September was turbulent, with Dogecoin, BTC subtype network, and quantitative investment moving forward in tandem.
Late night horror! Breaking news on September 1st!
Another shocking scene of intruders at the Trump campaign site! In the early hours of the morning, an unidentified man broke through security and tried to climb onto the lift platform in the media area. His whereabouts were quickly locked by the alert police and he was effectively controlled by a stun gun. The man's motives remain a mystery. Whether he intended to repeat the previous assassination attempt is unknown, but his reckless behavior is undoubtedly extremely stupid.
Turning to the field of innovation, Gravity was born. As a cutting-edge full-chain smart contract platform, it focuses on building an efficient, scalable and secure cross-chain bridge, striving to achieve seamless docking and reduce transaction costs. G card members not only enjoy voting rights and decision-making participation, but also have exclusive token airdrops, NFT collections and new features. Experience the privilege of priority, and can also integrate into exclusive communities, enjoy event feasts and resource treasures, reduce handling fees, and be full of benefits.
Looking forward to the future of the Gravity chain, the advancement of cross-chain technology is bound to lead to wider market acceptance, and projects will come one after another to build a prosperous ecosystem. Coupled with a solid cooperative network, the market influence will continue to rise. In the wave of cross-chain demand blowout, Gravity undoubtedly has a promising future.
Speaking of Galxe, as a bright new star in the Gravity ecosystem, it will rely on Gravity's powerful capabilities to achieve the ultimate smoothness and security of cross-chain transactions, showing unprecedented appeal to users and developers. With the thriving growth of Gravity Chain, the functional boundaries of Galxe will be continuously broadened, and the innovation and application within the ecosystem will be more colorful. Gravity is reshaping the landscape of blockchain application development with a subversive attitude, leading Galxe to the core stage of the decentralized era.
Bitcoin market: - Daily trend: After continuous highs, it was blocked and fell back, turning into a negative line, and the overall trend of oscillation and decline was maintained. - Latest developments: Today's lowest point reached 62618, and the oscillation pattern remained unchanged, mainly with a retracement and downward exploration. - Technical analysis: In terms of the daily structure, the third attempt to break through 65000 failed, and continued to be under pressure. The market fluctuated between the upper track of 65000 and the lower track of 62000. - Operation strategy: It is recommended to buy on dips in the range of 62600-62700, with the target of 64000.
Ethereum market: - Trend synchronization: Similar to Bitcoin, it quickly fell back after rising to 2819, and the current lowest point is 2665. - Market overview: The overall situation is also in a state of oscillation and decline, and the fluctuation trend is obvious. - Subsequent outlook: Although the recent performance is weak, the decline may accumulate power for the subsequent rebound. - Operation suggestion: Look for long opportunities in the range of 2660-2670, with the target set at 2730.
Summary: In the current market environment, both Bitcoin and Ethereum are showing a volatile downward trend. Investors should pay attention to range fluctuations, operate flexibly, and seize the opportunity to buy low and sell high at the right time. In the afternoon, it is recommended to continue to use retracement as the main strategy.
Core points: - The Federal Reserve’s interest rate cuts and BTC price fluctuations: Recent observations have pointed out that during the period when the Federal Reserve cut interest rates, the price of Bitcoin (BTC) dropped significantly. In particular, from 2019 to 2022, as the epidemic broke out, the Federal Reserve implemented an interest rate cut policy. - Halving events and bull market cycles: BTC’s two important halving events occurred in 2016 and 2020 respectively, and subsequently led the bull market in 2017 and 2021 respectively.
- Market cycle analysis: - Bear market stage: 2018-2020 and 2022-2024 are expected to be bear market cycles. - Bull market and the superposition of multiple factors: The bull market in 2021 is particularly significant. Behind it is the combined effect of multiple factors such as halving, interest rate cuts and the end of the epidemic.
- Future Outlook: It is expected that there will be another bull market from the end of 2024 to 2025, when the halving and interest rate cuts will coincide, which may once again drive the market upward.
Key findings: - The importance of time windows: BTC market performance is deeply affected by macroeconomic policies (such as interest rate cuts), technical events (such as halving) and global events (such as the epidemic). - Market cycle rules: The industry generally follows the cyclical rule of "two years of bearishness, one year of shock, and one year of bullishness". Investors need to respond flexibly and avoid mechanically applying historical experience.
suggestion: - Investors should pay close attention to market dynamics and make more accurate investment decisions based on time, space and background factors. - Recognize the complexity and unpredictability of market cycles and avoid blindly following trends or being overly optimistic/pessimistic. - Seize God-given opportunities while managing risks to cope with market uncertainty.
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At the end of September, the Federal Reserve will announce its interest rate decision, and its results will directly affect market trends. Here are three possible scenarios and analyses:
1. **Rate cut**: If the Federal Reserve chooses to cut interest rates, this is usually in line with the market's previous expectations. During the period from the end of August to the beginning of September, the market may have reacted in advance and rose. However, once the rate cut decision is officially announced, that is, "good news has landed", the market may turn to a decline due to the fulfillment of expectations. 2. **Maintain interest rates unchanged**: If the Federal Reserve decides to keep interest rates unchanged, and the market generally expects a rate cut, this decision will be unexpected by the market, which may cause market sentiment to turn pessimistic and lead to a market decline. 3. **Rate hike**: The situation of rate hike is relatively clear, and the market generally does not expect a rate hike. Therefore, if the Federal Reserve announces a rate hike, it will directly violate market expectations, causing the market to fall sharply, and the decline may be exacerbated.
In summary, no matter which decision the Federal Reserve chooses, the market reaction tends to fall. Therefore, it is recommended that investors prepare in advance, reasonably control their positions, and decisively exit the market when necessary.
**Interpretation of market trends during the day on August 27, 2024**
Today's early trading showed the characteristics of range-bound fluctuations at the 1-hour level, and the weekly chart suggested that there was resistance above. Given the important impact of the upcoming September interest rate decision on the market, investors should pay close attention. If the 3-day chart continues to close on the positive line, the bullish momentum will be significantly enhanced. For investors who have held yesterday's long orders, it is recommended to maintain their positions; while those with current short positions can carefully consider the timing of entry based on the current market situation.
**Intraday Strategy Overview**: The 4-hour cycle chart shows a positive line pattern, indicating increased potential for future market gains. It is expected that the market will go through a volatile adjustment process during the day, during which the price may rise and then fall back, test and possibly briefly fall below today's low, or continue to rise after finding support near this position. It should be noted that the market may continue to test the stop loss level through small downward testing. Investors are advised to wait patiently and look for good opportunities to buy at low levels.
**Key Price Reference**: - **Upper Resistance**: Located at 2750, 2840, 2920, 64000, 64800, and 65500 levels respectively. - **Lower Support**: It is set at key points such as 2650, 2550, 62300, 61600.
**BTC market overview and operation suggestions** **Date**: August 26 **BTC current price**: 636,521 **1. Current status and precautions of BTC**: - BTC is in a benign adjustment stage, it is recommended to pay close attention to market dynamics. **2. Intraday operation tips for contracts**: - Long orders still dominate the market, and risks need to be carefully assessed when operating. **3. Future trend forecast**: - **Last week review**: Last week, the market showed a continuous upward trend, with strong overall performance. - **This week's outlook**: - The market was stable over the weekend, BTC fluctuated slightly for two consecutive days, and the daily price remained above the 5-day moving average, indicating that the bulls' strength remained. - It is currently in a benign adjustment stage for bulls, the first pressure level of 63,700 has been broken, and the second pressure level is set at 67,400. Please pay attention to potential risks when going up further. **4. Specific operation suggestions**: - Emphasize the continuous investment opportunities since last week, and it is recommended to hold sufficient spot positions and not to short positions easily. - Given the general market optimism, especially the formation of the golden spider pattern with three lines at the same point, such as PEOPLE/PEPE, which has gained 30%. - LUNC and altcoins are mentioned to be synchronized with BTC. They are currently in the first wave of correction and may have room for further rise in the future. However, during the second wave of upward attack (especially close to the BTC pressure level), it is recommended to reduce short-term positions. Contract operations can be reversed according to obvious market fluctuations. The overall strategy is still mainly long.