Christmas “coal” market: Bitcoin traders frown

Cryptocurrency traders who were expecting a “Christmas rally” instead received “Christmas stockings full of coal.” Bitcoin is down 7% in the past seven days, Ethereum is down 10% over the same period, and Ripple and Solana have also seen similar losses.

The Fed's hawkish pressure: The cryptocurrency market has been shrouded in bearish sentiment recently. Bitcoin retreated from its highs of $108,000 as the Federal Reserve signaled it would maintain its hawkish policy in 2025. Investors generally reduced risk exposure, further suppressing market performance.
Trading volumes were sluggish during the holidays, but small transactions had a significant impact on the market. Traders are exercising caution to prevent further price swings.

TradingView Data Glitch: Last Thursday, Bitcoin prices fell again, ending a two-day rally, which was related to a TradingView chart error. The platform once mistakenly displayed that Bitcoin's market capitalization accounted for 0%, causing market panic and the price falling to around $95,000. At the time, approximately $33 million in long Bitcoin positions were liquidated in just four hours.
Although the data was subsequently fixed, the incident highlighted market concerns about Bitcoin’s dominance. In mid-November, Bitcoin's market value accounted for more than 61.5%, and then fell back, which also increased the market's expectations for the rotation of altcoins.

Price Outlook 2025: Despite the recent downturn, experts remain optimistic about the future price of Bitcoin. K33 Research Institute predicts that the Bitcoin price will reach at least US$146,000 in 2025; Standard Chartered Bank, Bernstein and Bitwise are targeting US$200,000. Fundstrat founder Tom Lee raised his forecast to $250,000.

As U.S. President-elect Trump is about to take office on January 20, investors are paying attention to the direction of his cryptocurrency policy. Trump has even stated that he is open to establishing a strategic reserve of Bitcoin, which may become a key driving force for the future development of Bitcoin. #“圣诞老人行情”再现 #美国加密立法或将重启 #加密市场调整 #2025有哪些关键叙事？ #比特币采用 $BTC$GMT

Xterio Official Announcement: The official token XTER will be officially issued on January 8, 2025, opening a new chapter in Web3 games
According to official news, the game infrastructure and artificial intelligence game studio Xterio announced that it will officially issue its official token XTER on January 8, 2025. This news has attracted widespread attention from the industry and players, marking another important progress of Xterio in the construction of the Web3 game ecosystem.
Web3 games and AI technology are rising rapidly. As a pioneer in this field, Xterio's XTER token has a high market potential. But at the same time, investors also need to pay attention to industry competition, progress in technology implementation and token price volatility risks.
For users and investors who are looking forward to the development of the Web3 game industry, the issuance of XTER may be a good opportunity to participate in this emerging field.
For more XTER dynamics and in-depth industry analysis, please continue to pay attention! #Xterio #加密市场调整 #2025有哪些关键叙事？ #比特币减半完成 #比特币采用 $BTC $ETH $BNB

Riot Platforms Increases Holdings of $69 Million in Bitcoin

According to the latest documents from the U.S. Securities and Exchange Commission (SEC), Bitcoin miner Riot Platforms has purchased 667 bitcoins worth $69 million. The average price for this acquisition was $101,135 per bitcoin.
With this purchase, Riot's total Bitcoin holdings have risen to 17,429 BTC, valued at approximately $2 billion based on today's prices.
Following the announcement of this acquisition, the stock price of this Bitcoin miner surged by 8%.
#比特币采用

Silk Road in the morning, compound expectations, Dabingna 🦐1002, Yitaina 🦐39

From the current situation, the market is still bullish, the energy of Duotou continues to increase, and the energy of Kongtou is not enough to make a big breakthrough. Just retreat and enter Duotou! Continue in the morning

#比特币采用 #比特币行情 #以太坊ETF通过

Let me say it again

The bull market is not over, it is not over, that is to say, the mainstream coins you are stuck with will return, it just takes time!

I have always said that the bull market will have more callbacks, not that the bull market is over.

Don’t worry too much if you are stuck, you are just uncomfortable during this period, it will get better in the future ​​​#比特币采用 $BTC

Yesterday, the price of the currency rebounded to 70195. Then I gave a strategy of shorting at 69900~69700 in batches. The target described in the article was also around 68700. As of now, the price has fallen to around 68000, making a profit of 900 points. Congratulations. I believe that the strategy of shorting will definitely be rewarding. #比特币走势分析 #以太坊ETF通过 #以太坊暴涨 #比特币采用

[Green Ribbon][Green Ribbon] Execution is in place to get twice the result with half the effort, hit wherever you point!
This is a high-throw-low buy-and-sell strategy, 4500 oil goes into the bag for the big cake, and 4400 oil goes into the bag for the etiquette! #比特币采用

Technical Analysis Monday, September 16, 2024

BTC

1. There was no significant fluctuation after the opening of the US stock index futures. The Nasdaq futures opened slightly lower and then fluctuated slightly around the opening price. The pullback of the rock sugar orange is a normal fluctuation of the technical pullback.

2. After completing the five waves of the rise in 4 hours, the ABC three-wave adjustment was carried out. The lowest pullback target position of the C wave 58175 has been reached. This position is also in the area of ​​the rising trend line. It may rebound at any time in the support area, and even continue this round of rebound. Falling below 57400 is a necessary condition for the end of this round of rebound.

Prediction: Bullish during the day, it is recommended to go long when the support range forms a bullish pattern, and the stop loss is set below 57400. Support range: 58200~57800 (Daily Bollinger middle track)

#新币挖矿HMSTR #Btcoin #ETH投资 #比特币采用 #以太坊ETF通过

The latest CFTC documents on FTX have been released, requiring FTX to pay a total of 12.7 billion US dollars. I wonder if FTX can still squeeze out so much money. It seems that OTC sold a lot of coins and assets last year. This time the compensation will inject huge buying liquidity into this round of bull market.

The most important point is that when FTX had an accident, many people received assets at 10% to 20% off.

If FTX pays 118% this time, it will take off, after all, the OTC can be set at about 90%. #比特币采用

Speculation, buy a bunch of projects and see which one comes out;
Investment, invest heavily in one or a few that you understand

#比特币采用 #BTC☀

Binance CEO announces new progress: headquarters location is about to be revealed, global cooperation is closer

Binance CEO Richard Teng recently said that they are discussing with governments in multiple places to determine where the headquarters of the world's largest cryptocurrency exchange should be located. This decision has been uncertain before, and former CEO Zhao Changpeng has not said much about this topic. Now Teng said that they will make a decision soon to make everyone clearer about the situation of Binance headquarters.
At the Paris Blockchain Week, Teng explained that choosing a headquarters is actually very complicated and many things need to be considered. For example, whether the laws of that place are suitable for Binance's business and what the tax agreement is like. Teng also said that the place they choose must be in line with Binance's philosophy.
This decision is important for the development of Binance. Teng said that they will announce the results soon, which also shows that Binance is becoming more mature and transparent in management and supervision.
Teng also mentioned that Binance is working hard to cooperate with global regulators. He said that different places may have different interpretations of laws and sometimes conflicts, which brings challenges to them. Therefore, they feel that there should be a unified standard for cryptocurrency market supervision around the world.
Teng also talked about the detention of a Binance executive in Nigeria. He said they are working with the Nigerian government to find a way to get the executive out safely. Although he did not say how, it can be seen that Binance is using diplomatic channels to solve this problem.
Teng's words let everyone see Binance's efforts in compliance and regulation, and also show their determination to be more clear and comply with regulations. #比特币采用

In the past month, the market greed index has shown fear for 23 days, accounting for 76.67%.

Last night, the big brother fell below 58,000, causing a large number of short-term investors to choose to panic and leave. This also reflects from the side that the current market is dominated by emotions. In the case of low liquidity and low turnover, many retail investors choose to wait and see, and even withdraw quickly when the price drops slightly, feeling that the bottom is being ground. #比特币采用 #BTC☀

BTC/Daily Chart

Bitcoin daily chart, the recent trend of Bitcoin is very obvious, do you still think it is bullish? Yesterday we did not do a single long, but all short orders, yesterday we arranged two short orders, next week we will continue to look for short opportunities,

Currently the price of the currency is running around 69500, there will be technical adjustments and shock repairs, please note that it is not going to rise, but there is a need for rebound at this position, the rebound is our opportunity to short again, the pressure level is also moving down with the market, the bearish trend is still not over, and yesterday's non-agricultural market data is also bearish, the short-term data and basically rebound shorts, so this wave of shorts is far from over.

BTC/4H chart

Bitcoin 4h level, yesterday the US market directly went up slightly, just hit the 71997 line, continued to fall overnight, once pierced the key support of 70000. We made an advance deduction in the previous 4h, and the price was also predicted by the author to eventually fall to around 68500. Then the price began to fluctuate and repair, so the short-term bottom appeared. As for where this bottom is predicted, the turning point theory of empty cutting can be applied. There is at least one more test of the bottom. As for whether it can break down, we should pay attention to the gains and losses below 68500 in the future.

BTC/1H chart

Bitcoin 4h level, the current price is running around 69300, and the upper 70000 support turns into pressure. If it breaks through and stands firmly at 70000 tonight, it is not a weak structure. On the contrary If it cannot stand, the author prefers to sweep back and forth within the range of 70000~68500. The operation is recommended to be high-altitude and low-multiple.

Strategy 1: Go long in batches when it falls back to 68900~68600, stop loss at 68200, and target around 69800

Strategy 2: Go short in batches when it rebounds to 69700~69900, stop loss at 70300, and target around 68700

"The above is personal advice, for reference only, investment is risky, and trading should be cautious"

"There is a delay in posting, the market changes rapidly·The points mentioned in the article do not have a basis for copying·To learn more about the market and solve the order∫The real-time strategy of shorting is the standard"#比特币符文总市值创新高 #TopCoinsJune2024 #比特币走势分析 #比特币采用 #比特币政策

At every stage of every cycle, Bitcoin goes through a dull period, with prices going through consolidation and correction. But eventually there will be a clear rise.
History rarely repeats itself, but patterns are often similar. If past trends are any guide, Bitcoin’s recent surge to around $73,800 may not mean the top of this cycle. The bull market may still have more room to go. #比特币采用

Citrea deploys its BitVM-based bridge Clementine to Bitcoin testnet
$BTC
#bitvm #比特币采用

Continuing the morning's thinking and real panbu Juduo order, we successfully reached the target. Da Bing won more than 500 points and made a profit of 5,300 yuan. Yi Tai won more than 20 points and made a profit of 4,800 yuan.

Good sailing conditions also require accurate thinking and a good entry time. It is so easy to make money! !

Opportunities are rare and never come back. This is the secret of success and an excuse for failure. Don't let time pass in vain. Seize every opportunity to realize your dreams. Dare to seize opportunities to change your destiny. #比特币采用

[Today's key financial data and events] Tuesday, June 11, 2024

①14.00 UK April three-month ILO unemployment rate and number of unemployment benefit applicants (10,000 people)

②18.00 US May NFIB small business confidence index

[Tomorrow's key financial data and events] Wednesday, June 12, 2024

③01.00 US 10-year Treasury auction to June 11 - winning interest rate and bid multiple

④09.30 China May CPI annual rate

⑤14.00 Germany Final value of the monthly CPI rate in May

⑥14.00 UK monthly GDP rate and monthly manufacturing output rate in April

⑦14.00 UK seasonally adjusted merchandise trade account in April (billion pounds)

⑧20.30 US unadjusted CPI annual rate and monthly CPI rate in May

Mr. Zhang will provide real-time online guidance and teaching in the internal department tomorrow, and deduce and predict CPI data in advance #比特币走势分析 #比特币采用 #比特币政策 #以太坊ETF批准预期 #以太坊ETF通过

Last night's current price was exactly where it arrived, and the pie was directly verified by winning 500 Hangqing points!
I believe that Feng Shao has the ability to execute, so how could he not do well? #比特币采用

Regarding Mr. Hong Shuning's sharing of Bitcoin Ecosystem RGB, the class representative is here to share notes📖

1⃣️Performance
- Current situation: Impossible triangle, staying at a few thousand TPS, even with rollup, it is impossible to reach the level of large-scale use (such as e-commerce)
- Solution: State channel allows the Lightning Network to achieve a maximum of 40 million TPS (the settlement of both is carried out in the off-chain channel, and the state when the channel is closed is then uploaded to the chain), but smart contracts cannot be used (non-Turing complete)

2⃣️Verification
- Current situation: Global verification, high cost and low efficiency
- Real world: Client verification, A and B signing a contract has nothing to do with other personnel, and no third-party intervention is required. It is more efficient than global verification, but two problems need to be solved:
1. Prevent fraud: the initiator provides a credit record to prove his past transaction history
2. Prevent double spending: RGB one-time seal (Single use seals), "put a one-time seal on UTXO"

3⃣️Smart contract
- Current situation: Bitcoin is not Turing complete, and smart contracts cannot be written
- Solution: Turing complete virtual machine adopted, AluVM

4⃣Main project️
- Protocol development: LNP/BP Association @lnp_bp
- Wallet: @mycitadel_io @BitMask_App
- Infrastructure: BiHelix @BiHelix_
- Stablecoin: Tether @Tether_to
- Exchange: BitFinex @bitfinex

5⃣️ Class representative mumbling
No native token of any chain can have such solid monetary properties and strong consensus as Bitcoin. If we can really combine the security of Bitcoin, the high performance of the Lightning Network and the Turing completeness of RGB to make smart contracts, then perhaps we can finally run out of the current Memecoin craze and create a project with long-term value🤔

#比特币采用 #比特幣走勢分析 $BTC