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Although the main upward trend of ETH has not yet arrived, it has relatively strengthened. The strengthening of ETH is beneficial for its ecosystem tokens and even for the overall altcoin market. #ETH投资
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Qingmeizhubi: Although the main uptrend of ETH has not yet arrived, it has become relatively strong!
The above article talks about (Qingmei Zhubi: The relationship between the start-up time of altcoins and Bitcoin), this article specifically talks about Ethereum.
First of all, ETH’s main uptrend has not yet arrived.
The overall ETH market is still running below the downward trend line. Only after breaking through 3700 and stabilizing can the market open up upward space.
Secondly, the daily line of the ETH/BTC exchange rate showed a bottom divergence again.
The MACD line of the ETH/BTC exchange rate oscillates below the 0 axis to form a golden cross + bottom divergence, so the probability of the ETH/BTC exchange rate bottoming out increases.
Thirdly, a bullish head and shoulders bottom pattern appeared in the ETH/BTC exchange rate at the hourly level.
First of all, ETH’s main uptrend has not yet arrived.
The overall ETH market is still running below the downward trend line. Only after breaking through 3700 and stabilizing can the market open up upward space.
Secondly, the daily line of the ETH/BTC exchange rate showed a bottom divergence again.
The MACD line of the ETH/BTC exchange rate oscillates below the 0 axis to form a golden cross + bottom divergence, so the probability of the ETH/BTC exchange rate bottoming out increases.
Thirdly, a bullish head and shoulders bottom pattern appeared in the ETH/BTC exchange rate at the hourly level.
See original
Qingmeizhubi: Although the main uptrend of ETH has not yet arrived, it has become relatively strong!
The above article talks about (Qingmei Zhubi: The relationship between the start-up time of altcoins and Bitcoin), this article specifically talks about Ethereum.
First of all, ETH’s main uptrend has not yet arrived.
The overall ETH market is still running below the downward trend line. Only after breaking through 3700 and stabilizing can the market open up upward space.
Secondly, the daily line of the ETH/BTC exchange rate showed a bottom divergence again.
The MACD line of the ETH/BTC exchange rate oscillates below the 0 axis to form a golden cross + bottom divergence, so the probability of the ETH/BTC exchange rate bottoming out increases.
Thirdly, a bullish head and shoulders bottom pattern appeared in the ETH/BTC exchange rate at the hourly level.
First of all, ETH’s main uptrend has not yet arrived.
The overall ETH market is still running below the downward trend line. Only after breaking through 3700 and stabilizing can the market open up upward space.
Secondly, the daily line of the ETH/BTC exchange rate showed a bottom divergence again.
The MACD line of the ETH/BTC exchange rate oscillates below the 0 axis to form a golden cross + bottom divergence, so the probability of the ETH/BTC exchange rate bottoming out increases.
Thirdly, a bullish head and shoulders bottom pattern appeared in the ETH/BTC exchange rate at the hourly level.
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People always ask whether the cottage season will come. Here is an analysis of historical data for reference only. #山寨季
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Qingmeizhubi: The relationship between the launch time of altcoins and Bitcoin
This article is a sequel to (Qingmei Zhubi: Bitcoin is approaching 100,000, why are altcoins still standing still?), and it is recommended to read it first.
The K-line chart used above is the total market value of altcoins, while this article uses the market value of the top ten altcoins removed. Let’s see what the differences are in the conclusions?
The red line in this figure is Bitcoin, and the candlestick chart is the market value of altcoins excluding the top ten, which is referred to as the altcoin market value in this article.
The market value of altcoins is also slowly increasing with the rise of Bitcoin, but the growth rate is slow.
The area marked in the figure is the Bitcoin retracement from January 8 to 21, 2021.
The K-line chart used above is the total market value of altcoins, while this article uses the market value of the top ten altcoins removed. Let’s see what the differences are in the conclusions?
The red line in this figure is Bitcoin, and the candlestick chart is the market value of altcoins excluding the top ten, which is referred to as the altcoin market value in this article.
The market value of altcoins is also slowly increasing with the rise of Bitcoin, but the growth rate is slow.
The area marked in the figure is the Bitcoin retracement from January 8 to 21, 2021.
See original
Qingmeizhubi: The relationship between the launch time of altcoins and Bitcoin
This article is a sequel to (Qingmei Zhubi: Bitcoin is approaching 100,000, why are altcoins still standing still?), and it is recommended to read it first.
The K-line chart used above is the total market value of altcoins, while this article uses the market value of the top ten altcoins removed. Let’s see what the differences are in the conclusions?
The red line in this figure is Bitcoin, and the candlestick chart is the market value of altcoins excluding the top ten, which is referred to as the altcoin market value in this article.
The market value of altcoins is also slowly increasing with the rise of Bitcoin, but the growth rate is slow.
The area marked in the figure is the Bitcoin retracement from January 8 to 21, 2021.
The K-line chart used above is the total market value of altcoins, while this article uses the market value of the top ten altcoins removed. Let’s see what the differences are in the conclusions?
The red line in this figure is Bitcoin, and the candlestick chart is the market value of altcoins excluding the top ten, which is referred to as the altcoin market value in this article.
The market value of altcoins is also slowly increasing with the rise of Bitcoin, but the growth rate is slow.
The area marked in the figure is the Bitcoin retracement from January 8 to 21, 2021.
See original
The price of Bitcoin has approached $100,000, and Bitcoin's market share has risen to around 60%, while altcoins remain stagnant at the bottom. Is there still hope for altcoins?
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Green Plum Boiling Coins: Bitcoin Approaches 100,000; Why Are Altcoins Still Motionless?
The price of Bitcoin has approached 100,000, and its market cap share has risen to around 60%, while altcoins remain at the bottom, unmoving. Is there still hope for altcoins?
My view presented in (The Ordinary Person's Cryptocurrency Trading Manual) is that the altcoin season is the result of capital rotation in the later stages of a bull market, generally occurring after Bitcoin experiences continuous large increases and capital overflows.
History always tends to repeat itself; let's take a look at history first.
On January 3, 2021, Bitcoin's market cap share reached 73.61%.
On January 8, 2021, the price of Bitcoin peaked at 42,000, rising more than tenfold from the bottom of 3,782 over 301 days.
My view presented in (The Ordinary Person's Cryptocurrency Trading Manual) is that the altcoin season is the result of capital rotation in the later stages of a bull market, generally occurring after Bitcoin experiences continuous large increases and capital overflows.
History always tends to repeat itself; let's take a look at history first.
On January 3, 2021, Bitcoin's market cap share reached 73.61%.
On January 8, 2021, the price of Bitcoin peaked at 42,000, rising more than tenfold from the bottom of 3,782 over 301 days.
See original
Green Plum Boiling Coins: Bitcoin Approaches 100,000; Why Are Altcoins Still Motionless?
The price of Bitcoin has approached 100,000, and its market cap share has risen to around 60%, while altcoins remain at the bottom, unmoving. Is there still hope for altcoins?
My view presented in (The Ordinary Person's Cryptocurrency Trading Manual) is that the altcoin season is the result of capital rotation in the later stages of a bull market, generally occurring after Bitcoin experiences continuous large increases and capital overflows.
History always tends to repeat itself; let's take a look at history first.
On January 3, 2021, Bitcoin's market cap share reached 73.61%.
On January 8, 2021, the price of Bitcoin peaked at 42,000, rising more than tenfold from the bottom of 3,782 over 301 days.
My view presented in (The Ordinary Person's Cryptocurrency Trading Manual) is that the altcoin season is the result of capital rotation in the later stages of a bull market, generally occurring after Bitcoin experiences continuous large increases and capital overflows.
History always tends to repeat itself; let's take a look at history first.
On January 3, 2021, Bitcoin's market cap share reached 73.61%.
On January 8, 2021, the price of Bitcoin peaked at 42,000, rising more than tenfold from the bottom of 3,782 over 301 days.
See original
sci-hub is a paper sharing website, Z-Library is the world's largest free eBook download site, so the meme coin ZLIBRARY is of the same type as sci-hub. Currently, sci-hub has a market value of tens of millions, while ZLIBRARY's market value is only tens of thousands. #ZLIBRARY #scihub #meme_coin
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I just took the risk and charged some meme coins ZLIBRARY, the contract address is 8hHcXxGF9UVH9BUeEVhGNQL8xEE6awK91UF4ERirx12g.
Because I am a loyal user of z-library, almost all the books I read in the past two years were downloaded from z-library. In addition, I saw someone emailed z-library to donate this meme coin. Although it is hype, only when the market value is built up, the donation will be meaningful. I agree with this.
z-library provides free e-books to the world, and it is entangled in lawsuits. The domain name is often blocked. It is indeed quite difficult to operate. If you use meme coins, it is indeed a good way. #ZLIBRARY #meme_coin
Because I am a loyal user of z-library, almost all the books I read in the past two years were downloaded from z-library. In addition, I saw someone emailed z-library to donate this meme coin. Although it is hype, only when the market value is built up, the donation will be meaningful. I agree with this.
z-library provides free e-books to the world, and it is entangled in lawsuits. The domain name is often blocked. It is indeed quite difficult to operate. If you use meme coins, it is indeed a good way. #ZLIBRARY #meme_coin
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The news said: Two anonymous sources revealed that SpaceX plans to launch a tender offer in December this year to sell existing shares at $135 per share, with a valuation of more than $250 billion.
So I searched for SpaceX meme coins on pump.fun and bought 1 sol. I don’t know if there will be anyone to speculate in the future, so I just treat it as buying a lottery ticket. #SpaceX
So I searched for SpaceX meme coins on pump.fun and bought 1 sol. I don’t know if there will be anyone to speculate in the future, so I just treat it as buying a lottery ticket. #SpaceX
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Bitcoin has surged to an unprecedented volume today, with the trading volume in the previous hour already comparable to the volume when it pierced 49000. Therefore, the current price already reflects the price of Trump being elected president. Even if the final result is Trump's election, it could still lead to a sell-off; if he is not elected, it would be even more bearish. From a structural perspective, we have also reached the theoretical target near the butterfly harmonic. Therefore, I believe 75000 - 76000 may be the top of this phase, so be cautious of a pullback. #BTC走势预测
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From my intuitive feeling, there is still a hint of optimism in the market. Many believe that the bull market for Bitcoin and the entire cryptocurrency market should arrive sooner or later, but the trading market is essentially a gladiatorial arena, a meat grinder; without experiencing life and death, how can one see the dawn?