Bitcoin is about to reach the $100,000 mark. If Bitcoin experiences a sharp correction, where will Ethereum and altcoins go?
Bitcoin has been rising rapidly amidst the bearish sentiment in the market, and has already climbed to $97,000. As for other currencies, although they are also under the bearish atmosphere of the market, they have not fallen as much as the market expected, and have only fluctuated back and forth in a small range.
It can be seen that the predictions of retail investors in the market have not been confirmed by the market so far. This also proves that the market trend is often contrary to human nature. When the market is correcting, you are full of fear that there will be a big drop, but it rises instead; when it rises, you are still worried about a big drop, but it continues to rise.
In the trading field, there is a strange person in the cryptocurrency circle, a man from Beijing. Three years ago, he had no news after a phone call with me. At that time, he had three blow-ups due to playing contracts and his debts reached 60 million. Who would have thought that this was the beginning of his three-year seclusion. Now, he has not only paid off his huge debts, but also has a net worth of hundreds of millions. He earns seven figures a month in the cryptocurrency circle and eight figures a year! We met again some time ago, and I carefully compiled his three-year retreat and verified it through thousands of transactions, with a winning rate of 98%. Now, I would like to share this precious experience with those who are destined to meet me.
The market continues to thrive, BTC maintains strong momentum, capturing a space of 1200 points and achieving 17938U
Everything goes through a process of transformation from nothing to something, from something to abundance, and from abundance to refinement. If you wait until you think you are 'ready' to act, you have already lost in terms of execution. Seize the opportunity and set off immediately; perhaps a new beginning is right in front of you $BTC #BTC再创新高97k
Bitcoin price breaks 97,000 USD, futures indicate continued upward trend. The listing of the U.S. January spot ETF and this period's options trading has caused significant volatility this year. Bitcoin has repeatedly hit new highs, and the derivatives market shows no signs of overheating. On Wednesday night, its price exceeded 97,000 USD, breaking the 95,000 USD high point within an hour. In the past 24 hours, price fluctuations triggered 100 million USD in liquidations, with 80% coming from the short side. This year's volatility has risen due to the U.S. ETF-related situation. The Republican election victory has sparked positive expectations for industry regulation, and the 'Trump trade' has driven traders to acquire assets, boosting market sentiment. Earlier this month, the Nasdaq and S&P 500 indices reached new highs, driven by post-election optimism, Federal Reserve rate cuts, and strong corporate earnings. Bitcoin is expected to exceed analysts' 100,000 USD forecast by December, with Bernstein predicting it could double to 200,000 USD by the end of 2025. Swyftx's chief analyst states that the market is rational, with the perpetual contract financing rate for Bitcoin around 10%, indicating no overheating, and in the following hours, it can be explored whether it will hit 100,000 USD. $BTC #聚焦比特币
BTC real market arranged high-level short positions in advance, grasped 800 points of space, and harvested 12880U
In order to weigh the pros and cons, there is neither the courage to move forward nor the opportunity to go back to the past. If life stays in the same place, it will become more and more meaningless. Only by taking the first step can there be a new beginning. $BTC #BTC再创新高97k
BTC real-time medium- and long-term long-term layout, grasping the 3000-point space, and won 20903U in one fell swoop
Until now, there is still a large number of air forces acting as fuel, and BTC has risen strongly to 97884. Now there is no direction, and it should be a state of being trapped or exploded. It is a wise choice to take big profits at low prices and small profits at high altitudes. Never think that you have seen the dead top. Now this situation is that everything is possible, and the main theme is to stop when you see the good $BTC #BTC再创新高97k
The high position empties perfectly to catch the pullback, firmly grasping a 1100-point space, harvesting 2371U
Staying in place will only confine you, the deeper you fall, without direction you need to seek direction, opportunities are not gained by waiting, but require taking the first step to change the current situation $BTC #BTC何时突破10万?
Still charging at the front line, the big cake real long orders were arranged in advance in the evening, steadily taking 1100 points of space, and perfectly winning 150372U
Currently, the target of 94800 notified in the group has been accurately reached, and it is the target that is pointed at. Instead of hesitating and hesitating, you might as well take action first $BTC #BTC何时突破10万?
Ten years ago, the New Oriental teacher spent all his money to buy 100,000 bitcoins. Does he regret it now?
In 2011, after Li Xiaolai first came into contact with Bitcoin, he became very interested in this emerging virtual currency and keenly realized the potential for Bitcoin to appreciate in value. In order to realize his dream of financial freedom, he seized this rare opportunity and spent all his family assets to buy 100,000 bitcoins. After years of hard work, he finally made a class leap with the help of this virtual currency and became a millionaire. However, after a recording of a subsequent conversation was exposed, his reputation collapsed overnight and he even became the target of criticism from many investors.
Trump's team lists cryptocurrency lawyer Teresa Goody Guillen as a candidate for SEC Chair According to sources, Trump's team is considering listing Teresa Goody Guillen, a partner at the law firm Baker Hostetler and co-head of its blockchain team, as one of the candidates for the next SEC Chair. Goody Guillen is an experienced securities lawyer with service for the SEC and experience representing blockchain companies and traditional businesses against the agency. Sources say Trump is looking for a non-bureaucratic individual who supports cryptocurrency to thoroughly reform the U.S. Securities and Exchange Commission (SEC). Insiders in Washington state that unlike Trump's first administration, the electoral process for a second term is swift and orderly, with the SEC Chair candidate expected to be chosen before Thanksgiving. $BTC
A list of important developments on the evening of November 20 12:00-21:00 Keywords: South Korea, MicroStrategy, Archax, Yao Qian 1. Canaan Technology's third-quarter revenue increased by 120.9% year-on-year; 2. South Korea will implement a 20% cryptocurrency tax in 2025; 3. Survey: 94 of 106 analysts believe that the Federal Reserve will cut interest rates by 25 basis points in December; 4. MicroStrategy has entered the top 100 US listed companies by market value, currently ranking 97th; 5. Archax will provide tokenized money market funds from State Street, Fidelity International and LGIM; 6. Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, was expelled from office and dismissed from public office for suspected use of virtual currency for power-for-money transactions. $BTC
A certain Ethereum staking whale transferred 7,864 ETH to Binance 40 minutes ago. According to on-chain analyst Yu Jin's monitoring, a giant ETH staking whale transferred 7,864 ETH (approximately 24.38 million USD) to Binance 40 minutes ago, and his ETH has been held for 9 months but is still at a loss. He withdrew 23,361 ETH (approximately 75.82 million USD) from Binance on 2/27 for staking, when the ETH price was 3,245 USD (for comparison, at that time the BTC price was 54,520 USD, and the SOL price was 110 USD; both have roughly doubled since then). Now, after 9 months, he redeemed 7,864 ETH and transferred it to Binance, but at the current price, he should be at a loss. $ETH
The long order rhythm continues to keep up, BTC has won 900 points of space in real trading, and won 6964U in one fell swoop. At present, it is still a long position at a low level and a short position at a high level. The more chaotic this market is, the greater the risk will be. $BTC
Trump Family Assets: 1. Mar-a-Lago: Valued at over $200 million, it is a vacation destination frequently visited by Trump. 2. Seven Springs: Includes a golf course and luxury residences. 3. Trump Tower: Located in Manhattan, New York, it is an iconic building of Trump's business empire. 4. Trump International Hotel: A luxurious accommodation and dining venue. 5. Trump National Golf Club: Attracts numerous high-end members. 6. Trump Plaza: A comprehensive commercial real estate project. 7. Trump Marina: Contains high-end residences and commercial facilities. 8. Trump World Tower: A towering modern building. 9. Trump Entertainment Resort: Offers a variety of entertainment facilities. 10. Trump International Tower: Features a unique architectural style. 11. Trump Park Avenue: An upscale residential area. 12. Trump Miami Golf Course: A scenic leisure venue. 13. Trump Las Vegas Hotel: Offers luxurious hotel services. #特朗普加密政策承诺
BTC's early positioning for long orders achieved perfect profit, capturing nearly 1000 points of space, earning 9462U
Do not always wait for the right opportunity to come; that will only keep you stuck in place. Perhaps taking the first step will lead the future to unfold as you desire. $BTC #BTC何时突破10万?
BTC spot long positions grasp 1300 points of space, perfectly harvesting 28310U
The bulls are really fierce, and the market is showing an extremely greedy posture. Now is the best time for the big players to harvest. Currently, if you want to wait for a significant pullback, it may not happen until after five o'clock. However, if you have no direction, do not trade blindly. Any small misjudgment could lead to the worst outcome. $BTC #市场围绕90K
Continue the bullish outlook in the evening, continue to aim for the 1300 point space with BTC, hit 32300U directly. It's not that the road is hard to walk, but that you have no direction. When the direction is right, naturally all roads lead to Rome. $BTC #上市公司比特币战略
What is the role of Musk’s new position, “Government Efficiency Department”?
The underlying logic behind Musk's "Government Efficiency Department" layoffs is very simple. For a department, no matter whether it is useful or not, I will cut 50% first. If it can operate normally, I will continue to cut, to 70% or more. There is no upper limit to this ratio. For example, Twitter directly laid off 90% of its employees. When it was seen that it could not operate, Musk spent money to recruit new people. Anyway, if you don't want to do it, there are plenty of people who are willing to do it. As for whether Musk can do it, no one can say for sure... I have a few opinions on this matter: 1. Musk's drastic layoffs are unique in the business world. Commercial companies aim to make profits, pursue efficiency and cost control, and in a rapidly changing market environment, this radical strategy may be to quickly adjust the company structure to adapt to new competition. But government departments are different. The government's responsibility is to serve the people, which involves many complex public affairs and interest balances. Efficiency cannot be simply used as the only criterion.
Recently, Bitcoin has risen to around $90,000. This surge can be simply analyzed for several reasons: 1. Debt Relief It is widely known that the United States has accumulated nearly $35 trillion in debt. How will such a massive debt be repaid? Continuously borrowing to pay off old debts will only cause the debt snowball to grow larger. Currently, the U.S. holds the most Bitcoin in the world, and when the price rises, it will easily facilitate debt repayment. 2. U.S. Dollar Credit Crisis Due to the enormous debt, global trust in the U.S. dollar is declining. The U.S. can exchange the constantly printed green paper for global goods, and in order to repay its debts, it prints even more green paper, flooding the market and making the global population foot the bill. This Bitcoin surge can help restore the credibility of the dollar after debt relief. 3. Bringing New Anchors to the Dollar From the initial gold standard to the petrodollar, the dollar has now lost its connection to oil, as it is no longer the largest crude oil producer. The U.S. urgently needs a new anchor to consolidate its dollar system, and Bitcoin is undoubtedly the most suitable choice (decentralized, globally circulated). 4. The Victory of the Understanding King After the Understanding King’s victory, to make America great again, he must consider the above three issues. At the same time, his election ally Elon Musk is a fervent supporter of cryptocurrency, so the Understanding King may also support Bitcoin to assist Musk. $BTC #上市公司比特币战略
The cryptocurrency market is in a "carnival", can Bitcoin continue to rise? According to 21 Finance, there is short-term selling pressure on Bitcoin. Ding Zhaofei, chief analyst of HashKey Group, said that the sharp rise in the short term triggered a part of the selling by investors. On-chain data shows that more than 20,000 bitcoins have flowed out of centralized exchanges this week, indicating that the scale of selling is less than the scale of new investors' sweeping. As of November 16, the average floating profit of short-term investors remained at a high level of 26%, indicating that there is still a large selling pressure in the subsequent market. Once the inflow of funds slows down, the short-term price may go down. The market's long and short wills are quite different, which is also the reason for the recent violent market fluctuations. $BTC