Good evening everyone. In the early morning, BTC surged all the way up, reaching a peak near 94,000, and then pulled back. Overall, the trend remains stable above 90,000. As the highs continue to refresh, the bulls will once again exert their strength.
Currently, the high is not really high, and 100,000 is just around the corner! From a technical structure point of view, the bulls are once again gaining strength. The daily line structure still shows a strong pattern, with pullbacks being absorbed by upward movements. There are not many opportunities for the bears to perform; the upward trend is already intact. In a strong structure, pullbacks are merely adjustments to gather strength, so in the future, Brother Chao suggests that we still follow the trend and take advantage of the pullbacks!
Operating Suggestions: Bitcoin pullback: around 92,500-93,000, looking to 94,000-95,000 Ethereum pullback: around 3,080-3,100, looking to 3,150-3,200
The big pancake has tried several times to touch the high resistance, the market fluctuates, and both the long and short positions are profitable. It is currently maintaining around 91800, and the evening suggestion is to go long at high prices and short at low prices.
Evening Personal Suggestions The big pancake may pull back to around 91000-90300, aiming for around 92500-93500. The second pancake may pull back to around 3000-3120, targeting around 3150-3200. #BTC走势预测
This week's market, as expected, continues to show a fluctuating trend. Currently, it is still in a washout and fluctuation phase. Tonight we have CPI; what kind of sparks will data create when it meets consolidation?
Personally, I still bet on a rise followed by a fall, catching the mudfish in the big waves, firmly holding onto high positions to short.
From a technical perspective, Bitcoin shows a pattern of rising momentum followed by weakening and exhaustion. In the short term, prices are continuously falling, and the highs are gradually moving down. The 4-hour level appears to be relatively weak. Given the current pattern of fluctuations and consolidations, it may experience a prolonged period of dragging and repetition, so shorting remains a relatively feasible choice!
For Bitcoin, the target is 97000 near the range of 98500-99000. For Ethereum, the target is 3650 near the range of 3740-3720.
In the cryptocurrency field, we must remember today's black swan event and learn from it: 1. Cultivate a dealer mindset: In the crypto space, always think like a dealer, maintaining sharp market insight and calm decision-making skills. 2. Avoid wishful thinking: When investing in cryptocurrencies, one must never harbor wishful thinking; every investment should be based on thorough market analysis and rational judgment. 3. Abandon the illusion of long-term value investing: The volatility in the crypto space is immense; one should not expect stable returns from long-term holding, but rather adjust strategies flexibly according to market changes. 4. Take profits in a timely manner: In the crypto space, knowing when to take profits is a wisdom. When expected returns are achieved, one should exit promptly to avoid missing good opportunities due to greed. 5. Don’t cling to battles: The market is ruthless; do not hold onto battles because of momentary gains or losses. Stay calm and retreat at the right time. 6. Do not consider oneself a genius: In the crypto space, no one can be right all the time. Staying humble and recognizing one's limitations is key to success. 7. Capital and dealers are the real winners: In this game, only those with sufficient capital and a dealer mindset are likely to become the ultimate winners.#市场调整后的方向
The Americans are still impressive! $36 trillion in U.S. debt is about to implode! 80% is in the hands of Wall Street financial sharks! Since external solutions cannot address the problem, let's resolve it internally! The continuous expansion of U.S. national debt has far exceeded its GDP growth rate. For example, last year, GDP grew by about 2.1%, while the national debt increased by about 8%. Such a high level of debt has made interest payments a heavy burden, costing hundreds of billions of dollars each year, accounting for a significant proportion of fiscal expenditure. A large amount of national debt is concentrated on Wall Street, and once default risks emerge, it will trigger massive shocks in the financial market. Similar to the 2008 subprime mortgage crisis, the chain reaction in the financial market nearly collapsed the global economy. Resolving the issue internally may mean cutting welfare spending, but this would face strong opposition from the public. Polls show that over 60% of the public oppose cuts to healthcare and other welfare programs. Alternatively, tax rates could be raised, but this would dampen corporate enthusiasm. Historical data indicates that during periods of significant tax increases, corporate investment enthusiasm noticeably declines. The U.S. might also attempt to promote rapid economic growth to dilute the debt, but achieving high growth is extremely challenging in the current global economic environment. The average growth rate has hovered only between 1.5% and 2% over the past five years. I believe that the U.S. debt problem is deeply entrenched, and any internal solution faces numerous difficulties and challenges. Its future economic trajectory is full of uncertainty and may have far-reaching negative impacts on the global economic landscape. #BTC投资案未获微软股东同意
A slight rise leads to euphoria, a slight drop leads to panic. Many people are led by such short-term emotions, completely forgetting that the core of the market is cycles, not fluctuations over a few hours. The peaks and troughs of bull and bear markets have always been a process, not a moment. Even a crash like 312 is just part of a bear market, followed by a slow climb, accumulation, and then an explosion. Similarly, the peak of a bull market cannot be completed in a single day; there will be crazy rises in the early stages, adjustments in the middle, and then a period of high-level consolidation, before the real top signal appears. In simple terms, the rhythm of the market is not that simple; it cannot be judged by single-day fluctuations. It's like a person descending from a peak state; they do not just collapse after waking up, but rather go through a gradual process. Before a bull market peaks, the market must be euphoric and emotionally charged, with everyone thinking "it will keep rising," while the bottom of a bear market only slowly climbs after countless people despair and sell off. The truly smart players do not focus on the ups and downs of a day or two, but on the entire game. Both bull and bear markets are parts of a cycle; as long as you can identify the cycle and recognize the trend, you will not be swayed by emotions. This mindset is actually quite difficult, just like my brothers in the group, who laid out their plans early on, especially staying calm amidst market craziness and panic. But as long as you remember one thing: real opportunities always appear when most people don't understand, you have already won half the battle. The market is meant to be endured over time, not figured out by staring at candlestick charts every day. The alternation of bull and bear markets often hides opportunities during others' panic, rather than being found through daily chasing after gains and selling losses. Maintaining a steady mindset and recognizing cycles is the true way to survive in the market. #BTC投资案未获微软股东同意
A super stable dumb method for trading cryptocurrencies that guarantees you will make a profit without loss When trading cryptocurrencies, there is a particularly dumb but stable method that can help you grasp all your profits, but it requires careful consideration. When trading cryptocurrencies, there are three things you must absolutely avoid. The first thing is to never buy when the price is rising; you must learn to buy boldly when others are scared to death, and to be cautious when others are buying frantically. Develop the habit of buying when prices are falling. The second thing is to not put all your eggs in one basket. The third thing is to avoid operating with a full position; if you are fully invested, you become passive. There are plenty of opportunities in the market, and when fully invested, the opportunity cost is too high. Now let's talk about a few tips for short-term cryptocurrency trading: First, don't rush to buy when the price is high; it may rise a bit more. Also, don't rush to sell when the price is low; it may drop a bit more. Wait until the direction is clear before taking action. Second, don't trade when the market is flat; if you can't do this, many people will end up losing money in cryptocurrency trading. Third, look at the candlestick chart: when there is a bearish candle, try to buy in; when there is a bullish candle, consider selling. Fourth, if the price is falling slowly, the rebound will also be slow; if it is falling quickly, the rebound will be vigorous. Fifth, build your position according to the pyramid method; this is an old rule of value investing. Sixth, if a cryptocurrency is rising sharply or falling severely, it will definitely move sideways for a while afterward. At this point, don’t sell everything at the high, and don’t buy everything at the low. Once the sideways movement ends, there will be a trend change; if it drops from the high, you must quickly liquidate your position. #市场回调抄底还是观望? As for the next layout direction, I will guide everyone to aim for the highly profitable opportunities in altcoins, especially those projects with great potential, where an expected return of over ten times is not a problem. If you want to make big money in a bull market, like and leave a comment, and I will help you layout the entire bull market!
Highlights of a Turbulent Year in the Cryptocurrency World in 2024 The year 2024 is a transformative year for the cryptocurrency sector, marked by significant developments and notable fluctuations. Major events such as the approval of Bitcoin exchange-traded funds (ETFs) and Donald Trump's re-election have created strong momentum in the market, helping Bitcoin break through the $100,000 mark and capturing over 70% of the market share. Bitcoin has solidified its reputation as 'digital gold,' while new Layer-1s like Ethereum and Solana show growth, but opinions on them are mixed. The emergence of decentralized infrastructure (DePIN) and the powerful role of artificial intelligence have been recognized, with stablecoins becoming the most popular choice in trading. The political influence of cryptocurrencies has also become evident, with major candidates benefiting from the support of the cryptocurrency community, while Europe has implemented the first comprehensive regulatory framework, MICA. The selection process for CoinDesk's 'Most Influential People' list includes the top 10 and top 40 winners to honor individuals who played a key role in shaping the year's trends and achievements. Organizations advocating for the cryptocurrency industry, such as the Cedar Innovation Fund, are calling on U.S. lawmakers to oppose Caroline Crenshaw's restoration of her qualifications at the U.S. Securities and Exchange Commission (SEC). They launched a digital campaign claiming that Crenshaw is 'more anti-crypto' than SEC Chair Gary Gensler, particularly regarding policies on publicly traded Bitcoin spot funds. The Senate Banking Committee is expected to vote on her nomination soon. Crenshaw was initially nominated and confirmed by Trump in 2020, and if confirmed again, she could serve until at least June 2029. Cedar has received substantial financial backing from the cryptocurrency industry, including a large political action committee (PAC) called Fairshake, which has provided significant funding to crypto-friendly candidates in the 2024 elections, although a Cedar spokesperson denies any connection between Cedar and Fairshake.
According to current market data, the likelihood of altcoins continuing to decline is low; instead, a significant rebound may occur. The specific reasons are as follows: Reduced leverage risk after a crash: During the early morning hours, altcoins experienced a crash, leading to a large number of liquidations, and the leverage ratio has significantly decreased, thus reducing the risk of long positions being trampled. Volume increase at the bottom: When altcoins crash, there is usually a phenomenon of increased volume at the bottom. At this time, many people cut their losses and exit, but this capital may become support for buying in the short term, helping the price to recover. Rebound after a second bottom test: Around 10 AM, altcoins and mainstream coins underwent a second bottom test, but the trading volume significantly decreased. Subsequently, during the rebound, trading volume increased, indicating weakened selling pressure and recovering buying pressure. Market sentiment eases: The overheated market sentiment has eased, and Binance's USDT lending rate has dropped to 12%, which is favorable for the rebound of altcoins. However, whether it can break through the highs of the previous days still needs to be observed in Bitcoin's performance, as Bitcoin's trend usually influences the overall market trend.
The afternoon market successfully captured a wave, gaining 7000.
So looking at the evening, the KDJ 1-hour line has turned and formed a golden cross upward, which is a bullish signal. The 2-hour line also maintains an upward trend, and the 4-hour line's upward momentum has not changed either!
Now someone might start asking, can we buy long now? Of course not; you can wait for a pullback before entering. I think you all know the reason without me saying much.
Bitcoin pullback: around 97000-97500, target 99000.
Altcoin pullback: around 3740-3720, target 3850#加密市场回调 .
The general rules you must know in the cryptocurrency world! The cryptocurrency market used to be a confrontation between the East and West, and there would be market movements both day and night. The main market activity typically occurs during Western hours, between 21:30 and 7:30 Beijing time. Significant price increases usually happen in the early morning, so a qualified trader should sleep at 20:00 and wake up at 4:00 to monitor trades. 1. If there is a significant drop during domestic daytime, you must buy the dip; at night around 21:30, foreign traders will pull the market up. 2. If there is a significant rise during the day, do not chase the price; it will likely drop back at night. 3. The key signal when buying and selling is the pin bar; the deeper the pin, the stronger the buy and sell signals. 5. Major meetings or positive news will often lead to price increases, but once the news is released, the prices will fall. 6. In group discussions, when the community promotes a certain coin and talks about it extravagantly, you may get excited, but you are likely to be trapped; it's often better to operate in the opposite direction. If a coin is being heavily traded, it can be shorted immediately. 8. If a group friend recommends a coin and you feel disinterested, it likely has a good chance of taking off; when you have doubts, it's worth trying with a small amount. 9. When you hold a large position, you are almost guaranteed to get liquidated; why? You are under the spotlight on the exchange's liquidation list. 10. After you set a stop-loss on your short position, it will definitely drop; if it doesn't trick you out or explode, how would it fall? For example, TRB. 11. When you are about to break even, just missing it, and the rebound suddenly stops, how could they let you close your position and escape? 12. When you take profit, it will pull back; if you don’t exit, how can the market rise? The position is too heavy. 13. When you are excited, the waterfall comes as expected; your excitement is also a bait from the big players. 14. When you are broke, every project seems to be rising, making you FOMO and rush to enter the market. So you understand that the market is manipulated over 80% of the time; besides controlling your position, you must also react proactively, and resolutely avoid entering the market before confirming the big players' actions. Once you enter, the exchange is the butcher, and you are the fish. Trading is about patience, composure, and timing; let’s encourage each other. The cryptocurrency world creates countless possibilities every day, and I hope this helps you. Feel free to reach out at #加密市场回调 .
After trading cryptocurrencies for seven or eight years, I have achieved assets exceeding 30 million by constantly learning every day. Do you still have a reason not to learn?
Trading cryptocurrencies is not only a technical skill but also a psychological battle. Your mindset determines success or failure; let me share a few key principles to remember: 1. Don't be greedy: Seeing prices skyrocket and thinking about 'getting rich overnight,' you might end up buying at a high point and then watching the price plummet, making your heart race. Invest cautiously; greed is the biggest enemy.
2. Have a plan: Set target price levels before investing; decisively take profits when targets are hit, and cut losses if prices drop below your limit. Don't let emotions dictate your actions; planning is the key.
3. Learn to wait: The crypto market changes rapidly, and sometimes you need to patiently wait for opportunities. Avoid making blind moves and going with the flow. Learn to analyze the market and understand how to seize the moment.
4. Diversify your investments: Don't put all your eggs in one basket. Diversifying across different cryptocurrencies can effectively reduce risk.
5. Long-term mindset: Trading cryptocurrencies is not something that happens overnight; it requires long-term attention and learning. Constantly acquire new knowledge and keep up with market dynamics.
Finally, I want to tell everyone that the crypto world is like a complex environment, full of dangers and uncertainties. For those new to this field, be sure to exercise caution. The key to trading cryptocurrencies lies in wisdom and mindset, as the saying goes, 'Plan carefully before taking action, know when to stop and you will gain.' I hope today's sharing helps you navigate the crypto world more smoothly and earn more money. Remember, investing has risks; be cautious when entering the market. May you achieve great success in the crypto space and see a flow of wealth! If you have any questions, feel free to leave a message, and let's discuss together. Wishing everyone good luck!
The Bsc ecosystem is igniting the AI wave, with the Bel project leading a new chapter in technology! In the fast-developing digital economy, blockchain and AI technologies are driving technological innovation and business transformation. The Bsc ecosystem, with its high performance, low cost, and compatibility with Ethereum, is attracting numerous developers and users. The incorporation of AI technology will undoubtedly become a new highlight of the Bsc ecosystem.
Cz suggests integrating blockchain and AI technologies within the Bsc ecosystem to build a powerful AI data processing ecosystem. This insight showcases his unique perspective on the future of Bsc.
As the first Launchpool project, Bel will fully leverage the advantages of Bsc, combining AI technology to provide intelligent and efficient data processing services. Through Bel, users can easily achieve data storage, processing, and analysis, aiding in business innovation and growth.
At the same time, AI products will be comprehensively upgraded, with advanced algorithms and models enabling a more precise understanding of user needs and offering personalized services. Efficient data processing capabilities will make decision-making more evidence-based.
Integrating AI into the Bsc ecosystem is not only a technological innovation but also a business model innovation. By combining the decentralization of blockchain with the intelligence of AI, it breaks traditional boundaries and creates a new economic ecosystem. Here, data becomes a core asset, and AI technology maximizes the value of data. #1210超57万人爆仓
The price of Bitcoin is declining again: Is the momentum changing?
The price of Bitcoin is declining again: Is the momentum changing?
The price of Bitcoin has started to decline again, trading below the support level of $98,000. BTC has dropped to the level of $95,000 and is currently correcting its losses. Bitcoin has started a new round of decline below the $98,000 support area. The price is below $98,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair, there is a connected bearish trend line forming, with resistance at $98,800 (data feed from Kraken). If it closes above the $98,800 resistance area, the pair may regain momentum.
In a bull market, after a dip, there must be soaring heights; the midnight spike is just preparation for a higher leap!
In a bull market, after a dip, there must be soaring heights; the midnight spike is just preparation for a higher leap! The global market is like a runaway wild horse, and each violent shake feels like a thrilling roller coaster ride! However, in a bull market, every dip jumps back twice as high! Can you believe it? Just last midnight, the market gave us a 'spike' drop — causing 560,000 people worldwide to be liquidated, with 1.7 billion dollars going up in smoke; this 'great show' was so real that even the spectators couldn't help but sweat.
From the current market situation observation, the evening presents a trend characteristic of initially suppressing then rising and finally falling back. During the morning session, the price once bravely surged, reaching a high peak of 101500, but subsequently encountered strong retracement resistance, leading to a consolidation pattern. By the evening, the bearish forces erupted rapidly, causing the price to dip to around 97400.
Looking at the 4-hour K-line chart, the high points are gradually moving downwards, while the low points are continuously testing downwards and seeking breakthroughs. This indicates that the overall trend during the day is leaning towards weakness, but it does not present an extreme scenario of one-sided decline. The current price has already touched the critical support level of 98000, based on this, the focus is still on pullbacks.
The big pie's pullback is near 96800—97300, with a target of 98500. The second pie's pullback is near 3720-3720, with a target of 3850#BTC走势预测 .
Trump Unveils Comprehensive Reform Plan After Taking Office
On December 8 local time, President-elect Trump sent a strong signal detailing the comprehensive reforms he will implement after taking office. These remarks were made by Trump during an NBC program (with news dialogue) recorded last Friday, marking his first television interview since winning the U.S. election in November. The entire interview took place at Trump Tower in Manhattan, where Trump discussed the policy plans that the American people could expect. The interview lasted over an hour. 1. No plans to replace the Federal Reserve Chairman. In the interview transcript released on Sunday, Trump responded to questions about Powell's refusal to resign upon request. Although Powell was appointed by Trump, during his first term, Trump had attempted to dismiss him due to multiple interest rate hikes by the Federal Reserve.
What does Bitcoin's increased trading volume and sideways movement mean? A change in trend is imminent. Are you ready?
What does Bitcoin's increased trading volume and sideways movement mean? A change in trend is imminent. Are you ready? Bitcoin is testing 100,000 USD and has fallen back with increased trading volume. Do you know what this means? The big players' vacation is over, and a new round of layout and harvesting has begun. If you haven't realized this, being harvested should come as no surprise! Regardless, absolutely do not heavily invest at this timing. The whole world operates centered around people, and those in power control the world. They determine the fate of humanity. The same goes for the cryptocurrency market; the institutions and big players behind the scenes control the cryptocurrency market and its trends. They won’t wipe everything out; their harvesting is a slow process. You and I are just part of the masses in the crypto world. Otherwise, there would be no need to focus on trading. Therefore, we have no choice in trading; we can only hone our trading skills and catch that one fish that slipped through the net!