#今日市场观点 Let's talk about some recent developments in Ethereum:
• Chris, an expert who once purchased SOL at a price of $8 and has always been optimistic about Solana, recently published an article expressing a positive outlook on Ethereum.
• Last week, the upgrade plan proposed by foundation member Justin received broad support from the community, marking what is considered the entry of Ethereum into the 3.0 era.
• The first offline event attended by CZ after his release from prison was supported by Vitalik and involved the deployment of some large projects on Ethereum.
Pay attention to the news from the Federal Reserve! Powell spoke last week and said that it is still uncertain whether there will be a rate cut in December. However, the market is predicting a cut of 25 basis points.
This week, Federal Reserve officials may start to give hints, and there are many intricacies to watch out for.
Now, let's talk about the major events in the crypto space over the weekend. The meme sector has a new story, and decentralized science concept memes are taking off like a rocket!
Led by the leading rif, its market value has already exceeded 100 million USD, and the market value of memes is truly exaggerated, often reaching several hundred million! #币安注册用户突破 2.4 亿
The development prospects of $PEPE are still broad! Recently, the performance of Little Frog has also attracted a lot of attention!
PEPE holders should not miss it!
Unveiling the mystery of the price increase of $PEPE ! Why is the price rising? The reason is revealed! PEPE has extremely high value:
Limited global issuance! The total amount of $PEPE is only 460 trillion! Each transaction is accompanied by a unique destruction mechanism! As the transaction volume increases, the amount of coins in circulation is also decreasing! Therefore, the total supply is also decreasing, which further enhances its value! This currency has created a miracle of growth! As the third largest currency in the meme coin world, its market value is expected to surpass DOGE. #币安注册用户突破 2.4 亿
The trading situation last night was quite active, in line with expectations, influenced by the US stock market, where the market exhibited a V-shaped trend of rising first and then falling twice, indicating that the traders made substantial profits on both the bullish and bearish sides.
Observing the current market trend, Bitcoin attempted to break through the high but failed, and after several dips, it stabilized at a low level, forming a relatively wide oscillation range.
From the daily chart, the pullback lows are gradually rising, and there has been no significant increase in short positions, so we expect the market to continue bullish and break new highs in the future. In the short term, we can continue to adopt a strategy of shorting high and buying low for trading.
Trading Suggestions: $BTC Bitcoin: Buy around 90500--89500, with a stop loss of 500 points.
$ETH Ethereum: Buy around 3100--3057, with a stop loss of 50 points. #币安注册用户突破 2.4 亿
$BTC arranged a long position near 89300, entered the market around nine o'clock in the evening, and then rebounded to a high of around 92600, securing a profit of 3300 points!
$ETH arranged a long position near 3066, dropped to around 3051 at about seven o'clock in the evening, which was a perfect entry point, then began to rebound to a high of around 3227, securing a profit of 176 points!
How about that? Congratulations to those who followed this wave and profited!! #币安注册用户突破 2.4 亿
#今日市场观点 Analysis of the market trend in the evening:
The market's callback is small, while the rise is large, showing that the buyer's power is still strong.
The current market is in an upward trend and has not yet reached the top, and there is still a large room for growth. Therefore, our trading strategy should focus on buying on dips.
$BTC Bitcoin: callback to around 89,000, stop loss 500 points
$ETH Ethereum: callback to around 3020, stop loss 50 points
The stop profit is decided by yourself, more precise points are in the high-end game!
• BTC maintains an upward trend, showing no signs of a peak, no need for excessive concern. • ETH is currently in a correction phase after a round of increases, presenting a good entry opportunity. • SOL is catching up, while DOGE shows signs that its adjustment may be ending on the four-hour chart. • It is expected that all cryptocurrencies will rise, and AI is also likely to see a rebound, with an overall bullish outlook for the future. • BTC exhibits strong fluctuations around the 90,000 point mark, and there is divergence in the market at this level. Although some may be bearish, BTC chooses to consolidate at this price level, showing strength, and with an increase in trading volume, the market begins to rotate. The current position is definitely not a peak. • The gainers list shows that most coins are rising, indicating that the market is overall healthy. Maintain a bullish and long strategy, as the upward cycle will continue. Every coin has an opportunity, and in the future, you will be grateful for the confidence given to you now and for those who encourage you to hold. • In terms of operations, it is advisable to hold low-priced coins and wait for a rise. For contract traders, buying on dips is in line with the market trend. For coins that have risen significantly, keep a close eye on the market and seize shorting opportunities. #币安注册用户突破 2.4 亿
This situation is indeed different. The reserves of BTB (Bitcoin) in exchanges have decreased for the first time during a bull market. In previous bull markets, the reserves of BTB in exchanges would increase, making it easier to sell for profit at market peaks.
But now it seems that investors do not have the willingness to sell. The launch of the ETF may have broken this trend, leading to a large amount of BTB being withdrawn from exchanges.
Additionally, there are reports that Lutnik may become the next U.S. Secretary of the Treasury, and he has a deep background in BTB and USDT. If he takes office, it would also be a positive development for the market.
Currently, market sentiment is generally optimistic, and our outlook is becoming brighter. 🚀 #币安注册用户突破 2.4 亿
Simple and efficient cryptocurrency trading strategy, almost always successful!
A friend transitioned from being a taxi driver to the cryptocurrency space, and through studying trading techniques, his assets have exceeded ten million. His success secret is divided into four steps:
• Choose coins: Focus on coins with MACD golden crosses on the daily chart, especially those where the golden cross is above the zero line, as they have a higher success rate.
• Buy and sell basis: Primarily use the daily chart; hold if the coin price is above the daily moving average, sell if it falls below.
• Buying and increasing position: When the coin price breaks above the daily moving average and the trading volume also rises, you can buy in fully. The selling strategy is divided into three steps: • If the price rises over 40%, sell 1/3. • If the price reaches 80%, sell another 1/3. • If the coin price falls below the daily moving average, liquidate your position.
• Stop loss: If the price falls below the daily moving average, sell immediately, do not hold onto false hopes. If the price rebounds, you can buy back.
By adhering to these four steps, he achieved financial freedom. Market corrections are good opportunities to enter, especially for promising altcoins like BB (BounceBit), a standout in CeDeFi, which is undervalued. The characteristics of BounceBit include:
• Flexible income strategy: Offers fixed and floating income options, optimizing liquidity and improving asset appreciation efficiency.
• Enhanced asset liquidity: Integrates liquidity mining and yield aggregation to maintain asset liquidity.
• Decentralized finance integration: Bridges centralized and decentralized platforms, lowering the barriers to entry for DeFi participation.
• User-friendly interface: Simplifies the DeFi participation process. • Compliance and transparency: Adheres to KYC and AML while leveraging blockchain transparency. • Cross-chain support: Achieves cross-chain asset flow through bridging protocols. • Building financial bridges: Reduces barriers to entry for traditional finance, enhances trust, and promotes cross-border payments and financial inclusion. #币安注册用户突破 2.4 亿
The big pie is about to break through the hundred thousand mark, while Ethereum seems to be detached from the matter.
The current market trend did not originate from Ethereum, which is one of its core factors. Another direct factor is that Ethereum is overburdened; without a new project explosion, relying solely on market speculation to attract users and funds is insufficient.
From the chip distribution perspective, the concentration of SOL and DOGE is obviously higher. Even the chip concentration of BTC exceeds that of Ethereum, as retail investors may hold Ethereum but are less likely to buy Bitcoin. #交易所BTC储备量创2018年以来新低
The market fell again in the morning, and the low came to 88,800. At present, the overall structure is still bullish. The daily line gave a short-term adjustment to the negative line after the continuous upward movement.
From the strength of the retracement, it did not affect the current upward structure. The trend remains unchanged and continues to look up, rather than turning around after a slight retracement.
Operation suggestions:
$BTC Bitcoin 89300-88500 near batches, stop loss 500 points.
$ETH Ethereum 3066-3025 near batches, stop loss 50 points.
#市场回调,观望还是上车? The market is essentially cyclical. It will not rise or fall all the time. Only flow can form a cycle.
Sometimes you wait for three to four years for a bull market to break out. If you miss it, you can only wait for the next bull market.
And there may be only a few people who can go through the entire bull and bear market. Most of the time, others are just following the rhythm of the market. #美国CPI公布后降息预期上升
#今日市场观点 The cryptocurrency market is in full swing. Many newcomers enter the market with the mentality of "getting rich quickly", but many people have suffered big losses here. If you have just entered the cryptocurrency circle, you must remember the following six points! Avoid being "baptized" by the market and take the first step!
1. Don't blindly follow the trend and find your own rhythm
There are many so-called "myths" in the cryptocurrency circle, such as a certain coin skyrocketing overnight and a certain project making people make a lot of money. Don't blindly follow the trend and find an investment method that suits you. Don't follow in as soon as you hear others say "make a lot of money". The market is ever-changing, so you must have your own judgment.
2. Understand the coins you invest in and learn to do your homework
Before investing, you must understand what coin you are buying. Don't buy it just because you see that a certain coin has risen quickly recently. Understand the background, team, white paper and actual application scenarios of the project to decide whether it is worth investing.
3. Avoid high leverage and stay calm
Leveraged trading looks tempting, but it also has high risks. Newbies should not easily try high leverage, because it will magnify your losses and even lead to a liquidation. Invest steadily and accumulate experience slowly.
4. Set stop loss to avoid emotional operations
The market fluctuates greatly, and prices fluctuate very quickly. Setting a reasonable stop loss point can help you avoid big losses and avoid making wrong decisions due to emotions. Remember: stop loss is a means of protecting the principal, don't ignore it.
5. Diversify investment to reduce risks
Don't put all your eggs in one basket. Diversified investment can effectively reduce the risk of a single project collapse. You can invest in mainstream coins, such as Bitcoin and Ethereum, or try some potential altcoins in moderation, but don't concentrate on investing in a certain coin.
6. Learn to manage your mentality and don't be too greedy
The price of the currency circle fluctuates greatly, and profits and losses are very fast. In the market, a calm mentality is particularly important. Don't be overly greedy because of a temporary profit, and don't be depressed because of losses. Keeping a calm mind and operating rationally is the key to success.
There is no shortage of opportunities in the currency circle, but there is no shortage of risks. Newbies must be cautious when entering to avoid pitfalls. Remember the above ten points, proceed step by step, and don’t be impatient, so that you can reap your own wealth in the cryptocurrency world in the future!#美国零售销售数据即将公布