The cryptocurrency market is very quiet right now, and there’s only one reason for that: the risk control for buying and selling USDT is too strict, making it very difficult to deposit and withdraw funds; buying is hard and selling is hard.
Fraud prevention work is under comprehensive monitoring, not only focusing on apps, but also on Alipay, WeChat, and bank cards, essentially blocking the path for virtual currencies.
Currently, virtual currencies are tightly intertwined with the black and gray industries, making it impossible to distinguish between them. If you buy and sell USDT, you will definitely be subject to investigation.
Who knows what you bought it for—whether it's for trading cryptocurrencies, online gambling, or some kind of fraud…
1. Sell rising coins and hold on to losing coins Many people are eager to cash out when they see a little profit, but they will never make a lot of money. On the contrary, they can hold on for a long time when facing losses. However, there is an unwritten rule in the cryptocurrency circle: the better the currency rises, the more it tends to rise, and the worse the currency falls, the more it tends to fall. It's like a pond, with less water in and more water out, and over time, even the largest pond will dry up.
2. Can't control your hands and always operate with full positions Many people don't give themselves time to breathe. Even if they just come out of profit, they immediately invest in another currency. They firmly believe that as long as they work hard enough, they can make endless wealth. However, the cryptocurrency circle is different from other places. It is obviously unrealistic to want to win every time. It pays great attention to timing. As long as you seize a big opportunity, you don't have to worry about not making money. In a bad market environment, always operating frequently will only lead to losses. Operating with full positions is particularly dangerous. Especially when the market falls sharply, you will realize how happy it is to operate without full positions.
3. Impulsive trading, always chasing ups and downs It is difficult for human nature not to be affected by market sentiment. Seeing other currencies rising, it is like missing out on 100 million. In the face of a decline, I always want to buy at the bottom and pick up bargains, but this mentality often makes me buy at the top of the mountain or halfway up the mountain.
Keeping rational is the key. I often say to myself, why do I want to take action? What is its logic? This good habit has saved me a lot of trouble.
If you don’t know how to screen strong coins, then I suggest you follow me. Whether it is spot or contract, a slight move may be your limit. The opportunity is very short, so you must seize it! Success is not based on luck, choice is greater than hard work, and the circle determines destiny. In the currency circle, in addition to having a sharp eye for judging the situation, you must also keep up with a good team and a good leader. Follow me and you will be halfway successful in the currency circle! You can receive the latest free articles in the currency circle every day. The articles are good and can be shared with everyone!
FTT faces $3 in a minor recovery, can it break through this mark?
Few cryptocurrencies have seen a brief recovery like FTT in the past 24 hours, and FTT currently leads the market with a 10% daily gain. Its bullish trajectory remains intact, but it has yet to resume daily gains. The price dropped to $4.4 at the beginning of the month, causing bulls to suffer a major setback in the past two weeks, with the price dropping to $2.5 on Thursday. The pair temporarily held this price level as support and subsequently rebounded slightly. So far, the price has remained strong despite encountering resistance at the $3 level in the past few hours. A daily close above this key level could spark a fresh rise that could get the bulls back on track. This should trigger a breakout from the bearish pattern on the hourly chart.
BNB rose to the second resistance level at night and then fell. Currently, it is rising at the 4-hour level! Today, pay attention to the position of 691.6. As long as it does not fall below this position, the 1-hour level and daily line are still bullish, continuing to rise with upper targets/resistance levels to watch near 704.4-713-719.7!
If it falls below 691.6 today, the 1-hour level will start to correct, and the support levels to watch are near 684.3-671.3-661! (If it falls below 671, then this wave of rise is just a strong rebound at the 4-hour level, and after the rebound ends, the market will turn bearish)
Because ETFs have a significant impact on #BTC, their correlation with U.S. stocks is relatively strong. We are still in a bull market cycle, but previous supportive comments from Trump regarding cryptocurrencies and the hawkish statements from the Federal Reserve have suppressed the rise of Bitcoin.
Bitcoin has support at 92,000, but it has not formed an effective reversal and may drop to 90,000. Since it has come down, it needs time to digest the previous bubble.
BNB is currently in a bullish phase on both the 1-2 hour levels. Pay attention to the 669.9 position during the night; as long as it stays above this position, the 1-hour level remains bullish. The target/resistance levels to watch are around 682.5-692.4-704.4!
If the 1-hour level falls below 183.3 during the night, then the 1-hour level will start to correct, with support levels to watch around 661-649.7-639.5! (As long as it doesn't fall below 661, the 2-4 hour level remains bullish)
If Bitcoin falls below $92,000, the cumulative long position liquidation intensity of major CEXs will reach $321 million. Conversely, if Bitcoin breaks above $97,000, the cumulative short position liquidation intensity of major CEXs will reach $353 million.
Trading cryptocurrencies is not only a technical skill but also a psychological battle. Mindset determines success or failure; friends should remember a few key principles:
1. Don't be greedy: When you see the coin price soaring, thinking about "becoming rich overnight", you end up buying at a high point and watching it drop, making your heart race. Investment requires caution; greed is the biggest enemy.
2. Have a plan: Set a target price before investing, and decisively take profits when the target is reached; cut losses decisively if it falls below your bottom line. Don't let emotions dictate your actions; a plan is the way to go.
3. Learn to wait: The cryptocurrency market changes rapidly, and sometimes you need to patiently wait for opportunities. Don't operate blindly or follow the crowd. Learn to analyze the market and understand how to seize the moment.
4. Diversify investments: Don't put all your eggs in one basket; diversifying among different cryptocurrencies can effectively reduce risk.
5. Long-term mindset: Trading cryptocurrencies is not a quick success; it requires long-term attention and learning. Continuously learn new knowledge and keep up with market trends.
Will Dogecoin reach $1.3 by 2025? When will Dogecoin hit new highs?
Dogecoin (DOGE) hopes to rebound from recent lows in 2025, as investors are watching whether it can surge to a historic high of $1.3. Currently, the trading price of this leading meme coin exceeds $0.30 this weekend; to reach unprecedented levels, it needs to soar nearly 300%. As of the time of writing, the asset's current ATH is $0.7376, set in 2021. Soaring to $1.3 would be nearly a 100% increase from DOGE's current ATH. With Musk taking over his DOGE division in January, Dogecoin is set to hit new highs. Just days after President Trump announced that Musk would become a member of his administration, the asset surged. Some market analysts predict that DOGE will emerge from its slump and rise within the next year, but when will it surpass $1?
One important reason for the recent market weakness is the tightening of funds
On Saturday, when the market rebounded to a high point, the supply of USDT suddenly decreased by more than 700 million, causing the market to turn from rising to falling; yesterday the supply continued to decrease by 88 million, and the market remained weak
Today, the supply increased by 112 million, and there are finally signs of improvement in the funding situation, with the market experiencing a certain degree of rebound
However, it remains to be seen whether the improvement in the funding situation is sustainable
After BNB breaks the second support level, it rebounds precisely to the first resistance level. Today, pay attention to the position of 656.2. As long as it stays above this position, we can expect a continued rebound on the 1-2 hour level, with upper targets/resistance levels to watch around 669.1-679.1-692.4!
If the 1-2 hour level breaks below 656.2 today, it indicates that this rebound is over and the market turns bearish. Watch for support levels around 642.3-630.7-620.2 below!
The current suppression range for the pancake is between 95000-96500
It is expected that this week may move like what was just mentioned, first rebounding to around 96000 to test the pressure of this range, then a false breakout followed by a decline
Recently, the long positions have almost been liquidated. Even if Bitcoin drops to 85,000, it can only liquidate 1.17 billion USD; conversely, if Bitcoin rises to 105,000, it can liquidate 2.4 billion in short positions. When things seem at their worst, a sharp drop will inevitably lead to a rebound. In the short term, Bitcoin's second pullback should focus on the previous low of 92,000. As long as it doesn't break below, there will definitely be a wave of rebound.
Pay attention to the 661 level for BNB during the night. Only if it stabilizes above this level will a rebound begin on the 1-hour chart. The resistance levels/targets to watch are near 669-676-692!
If the rebound during the night cannot hold above the 661 level, it indicates that this rebound is relatively weak, and we should continue to pay attention to the support levels around 652-642.3-630.7!
After BNB inserted near the first support level at night, it started to consolidate at a lower level. Today, pay attention to the position of 667.8; only if it stabilizes above this position will there be a rebound at the 1-2 hour level. The upper target/resistance levels to watch are around 676.9-692.4-704.4!
If today the 1-2 hour level cannot stabilize above the position of 667.8, it indicates that the rebound lacks strength and will continue to decline. The lower support levels to watch are around 652.9-642.3-630.7!
BNB had a rebound at the 4-hour level today. Tonight, pay attention to the position at 667.8. As long as it stays above this position on the 1-2-4 hour levels, this level's pullback will be over, and the market will start to rise. The targets/resistance levels above to watch are 677-693.1!
If the 4-hour level cannot rise above the position at 667.8 tonight, then this 4-hour level's rebound will fail and the market will turn bearish. Watch the support levels below around 652.9-635.6-620.2!
The lowest pullback is 175, and it has currently rebounded to around 200. The rebound is quite strong, so please remember, SOL below 200 is a bargain price! Just buy boldly!