Today's BTC market analysis

Yesterday, the strategy we focused on was to look for low-level long positions. 63,500 was regarded as a key support level. Once it fell below, the market might explore 62,000. Last night, the price fell to 62,300 and then quickly rebounded by more than 3,000 points, but we still regard this as an oversold rebound. From a structural analysis, the market has fallen below the previous support center, indicating that the trend has reversed, and the current rebound stage is more suitable for shorting.

There are two possible development paths for the current market trend: one is a callback to the rising range of 53,300-70,000, and the other is that the rising trend has ended, the market will experience a shock decline, and may form a new low and enter a small bear market. Based on these judgments, today's operation strategy is to seek long opportunities after the callback, while deploying short orders at high levels to flexibly respond to market changes.
$AMB $FXS $GFT #美国政府转移BTC

BTC market analysis today

Yesterday we clarified the idea of ​​looking for low points to go long and emphasized the importance of 63500. Once this support level is broken, the market will likely drop to 62000. The price did fall to 62300 last night and then rebounded by more than 3000 points, but we think this is just an oversold rebound. From a structural point of view, the market has completely broken through the previous important support level, and the trend has reversed. The best strategy in the current rebound stage is to go short.

There are currently two main trend possibilities in the market: one is the callback to the 53300-70000 wave of rise, and the other is that the rise has ended, and it may continue to fluctuate and fall, or even reach a new low, entering a small bear market. Based on these analyses, today's operating idea is to seize the opportunity to go long on the callback, while deploying short orders at high levels to flexibly respond to market fluctuations.
$BTC $AMB $FXS #美国政府转移BTC

BTC market analysis

Yesterday's market strategy was to look for lows to go long. 63500 is defined as a key support level. Once it falls below, the market may pull back to 62000. The price did fall to around 62300 last night and then rebounded by more than 3000 points, but we only regard this rebound as an oversold rebound. From the overall structure, the market has broken through the previous important support range, the trend has reversed, and the current rebound is more suitable for shorting.

There are two possibilities for the current market direction: one is to make a pullback for the rise of 53300-70000, and the other is that the rising trend has ended, and the market may enter a shock decline and form a new low, entering a small bear market. In view of these two possibilities, today's strategy is to seize the opportunity to go long on the pullback, and at the same time, arrange short orders at high levels to adapt to market changes. $AMB $FXS $AAVE #美国政府转移BTC

On July 30, the US government sold 30,000 Bitcoins?

The U.S. government cryptocurrency wallet is missing 30,000 Bitcoins, especially shortly after former President Trump announced that the government would use Bitcoin as a strategic reserve.

According to CoinDesk, the U.S. government previously sold 9,861 Bitcoins in March for $216 million. The Bitcoins were originally assets associated with the infamous Silk Road market, where the government seized a total of 50,000 Bitcoins in November 2023.

Blockworks pointed out that the total number of Bitcoins transferred this time exceeded 30,100. These Bitcoins are related to the Silk Road hacking incident and have been controlled by the U.S. Department of Justice. It is reported that the Bitcoins were transferred to a Coinbase wallet.

Bitcoin Magazine further reported that the U.S. government conducted a test transaction of 0.001 BTC before conducting this massive sale. This test transaction is to confirm the safety and reliability of large transfers.

The sale contrasts with Trump's previous statements. Trump has said that the government will retain these Bitcoins as a strategic reserve. However, the sale suggests the government may have changed its cryptocurrency reserve strategy.

The impact of this incident on the market has not yet fully emerged, but it is foreseeable that it will have a certain impact on Bitcoin prices and market confidence. As the cryptocurrency market continues to develop, government policy changes will continue to be the focus of market attention.
Overall, the U.S. government’s move to sell Bitcoin once again emphasizes the volatility of the cryptocurrency market and policy uncertainty. Investors need to pay close attention to possible future policy changes in order to adjust investment strategies in a timely manner.

$btc #美国政府转移BTC

Bell told CoinTelegraph that Bitcoin is extremely important as a safe haven asset. He said: "Recent news that the US national debt has reached a record high of $35 trillion highlights people's concerns about the sustainability of traditional fiat currencies." He continued: "This situation highlights the importance of Bitcoin as a 'hard currency', a decentralized and deflationary asset that can hedge against currency depreciation." During periods of fiat currency depreciation, investors often seek safe haven assets such as Bitcoin and gold to protect their purchasing power. From past situations, when the traditional financial system faces difficulties, the price of Bitcoin tends to rise. The growing US national debt may push the price of Bitcoin to a record high. Bitfinex analysts mentioned that since a large part of the US government's spending is used to repay debts rather than invest in production sectors, the reduced attractiveness of government bonds will benefit the price of Bitcoin. This means that in the current economic situation, Bitcoin may play a more important role in the investment field due to its unique attributes. $AMB $FXS $GFT #美联储何时降息？ #美国政府转移BTC

This descriptive text is a mix of fictional accounts of Bitcoin conferences and possible positions of President Donald Trump, some of which do not correspond to reality or President Trump's known positions. To provide a more realistic and coherent version, we can adjust the content:

At a recent high-profile Bitcoin conference, although President Donald Trump did not attend in person, the topics discussed at the conference were unexpectedly closely related to politics, especially the potential attitude of the US government towards Bitcoin, which was a sharp departure from the style of previous conferences focused on open source technology.

A core topic of the conference was the discussion around whether the US government should establish a strategic reserve of Bitcoin. Senator Cynthia Loomis (a fictional character used for illustration) proposed a thought-provoking proposal at the meeting, that the government should gradually increase its holdings of Bitcoin and eventually establish a large national Bitcoin reserve to cope with possible future financial challenges. She envisioned a framework that included the inclusion of Bitcoins obtained by the government through legal channels into the reserve and explored its potential as a way to repay national debts or support national projects.

Although President Trump did not directly participate in the meeting, considering his past focus on financial policies and technological innovation, it is conceivable that if he expresses his views on this issue, he may emphasize the importance of the United States' leadership in the global digital currency field and protecting American interests. A statement that is closer to Trump's style may be: "If I am in a new term, I will seriously consider how to keep our country ahead in the global digital currency competition. We may consider retaining and increasing the government's holdings of Bitcoin as a symbol of our economic strength and to protect the future well-being of the American people."

It is important that any discussion of government policies should be based on legality, fairness and respect for personal property rights, and avoid the use of language that may cause misunderstanding or controversy, such as "taking away that person's life, family, house and Bitcoin", which are not in line with the principles of modern politics and the rule of law.

$BTC #美国政府转移BTC $XRP $BOME

I officially joined Meituan on August 1.
I signed a lot of contracts and felt like I was being sold out. I was working as a Meituan delivery driver in a small city without crowdsourcing. I couldn't use my motorcycle. I had to take a motorcycle driver's license test. Otherwise, there would be several waves of interception every day. If I was caught, I would be towed away. However, the local test center had stopped testing for several months. Even when it was not suspended, those who had signed up for the license last year had to wait in line for five months before they could take the test. In a small city where motorcycles are the main means of transportation, nine out of ten people didn't get the license. I had to rely on my luck every day to see if I would be intercepted. I had no choice but to rent an electric car and a battery, and paid 750.
On the first day, the team leader of the delivery station took me to familiarize myself with the process. I started running at 3 pm and ran until 11 pm. Because the station required 20 orders per day, I barely ran more than 20 orders and hurried off work. The unit price was 4-6 yuan. The first day was quite tiring. I had to face various traffic and emergencies on the road, but fortunately I didn't exceed the time limit.

I saw Xiaomi for the first time on the road. It was quite interesting.
When delivering condoms to the hotel, I took advantage of the robot waiter to go upstairs. #美联储何时降息？ #美国政府转移BTC #比特币大会

"The global stablecoin market faces risks and challenges", which deeply analyzes the dual attributes of this emerging financial instrument. Stablecoins, as a key role in the cryptocurrency market, have shown a relatively stable price advantage by virtue of their characteristics of being linked to legal currencies or other stable assets, effectively anchoring the value of many cryptocurrencies and bringing a positive effect of reducing volatility to the market.
However, the article also reveals the many challenges on the road to the development of stablecoins. As many countries and regions around the world have begun to build regulatory frameworks for stablecoins, the problem of differences in regulatory policies has become increasingly prominent. Such regional regulatory differences not only increase the difficulty of cross-border flows of stablecoins, but may also hinder their international use, thereby affecting the overall efficiency and stability of the market. Therefore, how to promote the healthy development of stablecoins while ensuring the safety of finance + communication Jun Yang: 954737157 has become an urgent and complex task facing global regulators.
$AMB $FXS $GFT #美国政府转移BTC

Bitcoin market analysis on July 31: cautiously optimistic, rebound to be confirmed
Yesterday we predicted that the market would show a volatile downward trend, but today the market has shown strong support near the mid-track, indicating that market sentiment may be subtly changing. Next, the market may show two completely different trends: First, technical indicators may deviate from the signal, leading a wave of rebound. This rebound may be strong, or it may gradually unfold in the form of mild shocks, and then revisit again. , to complete the structural adjustment and consolidation; secondly, the market directly took advantage of the situation to rebound, sweeping away the previous gloom. The previous decline may be just a cover-up designed by the main force to clean up floating chips and adjust the position structure. In the future, it may be all in one go, and once again Challenging and testing the key resistance area above $70,000. No matter which path, signs of a rebound have appeared. The key is to grasp the strength and rhythm of the rebound. Be cautious about shorting when the strength is insufficient, and actively look for long opportunities after the correction when the strength is significant.
$XRP $BOME $SKL #美国政府转移BTC #比特币大会

A quick look at the highlights of the MAX project

The MAX project originates from the MATR1X platform, which is famous for its excellent Web3 game works and has received enthusiastic market feedback, showing strong competitiveness and high popularity. We are highly optimistic about the development potential of the MAX project and believe that it is expected to become a leader in the industry in the future.
On August 5, MAX will be officially launched on the Euro-Italian Exchange. This is an opportunity that investors and players cannot miss. To celebrate this event, the Caishen community has specially prepared a series of NFT activity airdrop benefits to give back to the fans for their support and love.
Please pay close attention to my notifications to get the latest updates on the MAX launch and the participation details of the NFT airdrop event. Let us look forward to the wonderful performance of the MAX project together!
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Crazy bull market bottom-fishing 3 popular altcoins that are about to explode 100 times!

1. BOME
Currently worth about $0.0101 and with a market capitalization of $700 million, BOOK OF MEME is a Solana-based token that has not yet reached its peak performance, but its launch performance is solid. Despite setting new highs in the past, $BOME has not yet set a new all-time high market capitalization, having previously set a record high of $1.2 billion.
As market conditions improve, especially the bullish phase expected in late 2024, $BOME may see a recovery, which is an attractive option for investors looking to take advantage of the next wave of meme coin success.

2. DOGE
Musk has repeatedly emphasized in public that he will not actively promote any other cryptocurrency besides Dogecoin (DOGE). This stance was further reflected in a news report by U.Today on July 29, which stated that Musk participated in the X Takeover podcast program of the Tesla Owners Silicon Valley Club.
Although Musk has reduced direct mentions of Dogecoin in recent tweets, his companies and projects, Tesla and SpaceX, still accept Dogecoin as a means of payment, and he personally plans to continue to promote the DOGE-1 moon mission, which undoubtedly adds more imagination to the future of Dogecoin!

3. FLOKI
FLOKI has great potential. Now is a good time to buy it before the situation breaks out! FLOKI coin is a cryptocurrency issued based on the Ethereum blockchain. It is named after Tesla CEO Musk's dog FLOKI, so it has attracted much attention.
FLOKI has strong community support behind it. It consists of a group of people who have a common interest in cryptocurrency and are actively involved in the promotion and development of FLOKI coin. Community members stay in close contact and share the latest developments and information about FLOKI coin through social media platforms. FLOKI's strong community and applications give it huge growth potential. This is the best time to buy more before the situation breaks out!
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My college classmate changed jobs to a company when he was 28 years old and met a female director who was ten years older than him.

Although the two were ten years apart, they inexplicably felt a sense of intimacy from each other. It was not the hormonal attraction between men and women, but a kind of intimacy like family members.

My classmate didn't know what was going on, but the two of them got closer and started to call each other brother and sister, and the female director also helped him a lot.

After chatting for a long time, he learned that the female director had been divorced for several years and had a son in elementary school. The female director also showed him a photo of her son and joked that he looked like her son. The classmate saw that they really looked alike.

The classmate didn't think much about it and casually asked her what her ex-husband looked like. Unexpectedly, the female director said that this child was not her ex-husband's. Her ex-husband was infertile and couldn't get pregnant for many years. He applied to a sperm bank in his 30s and had this child.

My classmate suddenly recalled that when he was in college, he was fooled into donating sperm, saying that it would be a waste if you aborted it yourself, so it would be better to get some pocket money. When he checked, the quality was very good, so he donated it.

When he talked about this, the female director asked him seriously where he went to college. He said the city, and it turned out to be the same place as the sperm bank used by the female director.

Both of them felt something vaguely and were shocked by this idea. Later, they went for a paternity test and found that the female director's son was related to him by blood, which means that the sperm used by the female director was his.

The classmate thought that this was probably fate, and they got married and had a daughter the following year.

#美国政府转移BTC #比特币大会 #美联储何时降息？ #美国大选如何影响加密产业？

Altcoins to watch next month [Follow! Reference! ]💹💹💹

1. BONK
Bonk is a dog-themed memecoin on the Solana blockchain that has made a big impact in 2024. After a massive airdrop in December 2022, Bonk quickly became popular.

Bonk's token economics include a large number of destruction processes, which leads to its scarcity. While Bonk is primarily known as a memecoin, its community is actively working to create utility through various side projects to enhance its long-term viability.

2. FLOKI
Floki is named after Elon Musk's Shiba Inu and runs on the Ethereum and Binance Smart Chain networks. This memecoin attempts to stand out by providing tangible utility through projects such as Valhalla, FlokiFi, FlokiPlaces, and Floki University. The Floki community (called Floki Vikings) is very active and has helped the token gain prominence in the crypto space. Collaborations with major projects such as Chainlink further strengthen Floki's credibility.

3. NOT
Notcoin originated from a popular Telegram game where users clicked on images of golden chips to get rewards. Notcoin initially adopted a "click to earn" model, but later shifted to an "explore to earn" model, allowing users to participate in various activities. Notcoin was launched in November 2023, and its NOT token airdrop marked the end of its testing phase, marking its shift to broader cryptocurrency exploration. The token is now set up on the TON blockchain, with a growing user base and an active community.
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A fan asked: What is the difference between stock trading and cryptocurrency trading?

Without 5 years of experience, you can't ask such a great question.
Many people think that the cryptocurrency circle has high returns and low risks. It doesn't exist. A-shares and cryptocurrency circles are the same.
It's like a wage earner who wants a high salary but doesn't want to work, and wants the boss to arrange three meals a day. It's awesome for the post-00s to tidy up the workplace, but it's not so outrageous, right?
Back to stocks and cryptocurrency circles, stocks are like the period of Emperor Wu of the Han Dynasty. The class has been solidified, and retail investors are the meat in the hands of the banker. It's basically difficult for retail investors to make money.
The cryptocurrency circle is like the Spring and Autumn Period and the Warring States Period. The world is not settled, and there are great opportunities and dividends. Of course, there are more scams.
To be honest, compared with the weak erection of A-shares, I think the 100 times and 1,000 times of the cryptocurrency circle are more worthy of your and my expectations.
Anyway, I'm still young, what's there to be afraid of? At worst, it will return to zero, what else can I do? ? ? Of course, passion does not mean enthusiasm, and courage does not mean recklessness. In the final analysis, we still have to be steady in the cryptocurrency circle. If you meet someone who tells you that you can get rich in a short period of time, block them all. Don't be reluctant. The other party is a scammer and will be killed without mercy.
Only by learning the basic knowledge steadily can you make money in the cryptocurrency circle.
The last point is that stocks are slowly harvesting retail investors, and the time period is longer, while the cryptocurrency circle is quickly harvesting retail investors
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#美国政府转移BTC #比特币大会 #美联储何时降息？ #超级央行周

Today's hot spots! 2 cryptocurrencies surged 100 times in the bull market!

Today's sharing:
1. BTC plummeted in the early morning and is currently fluctuating around $64,000: Bitcoin (BTC) suddenly suffered a sharp drop in the early morning hours. The current price is stable around $64,000, and the market is volatile.
2. ETH follows BTC's pace and falls, and is currently fluctuating in the $3,200 range: Ethereum (ETH) prices also fell after Bitcoin, and are currently fluctuating around $3,200.
3. SOL's callback range exceeded 10%, and gains and callbacks coexisted: SOL experienced a large callback, with a drop of more than 10%.
4. The Fed maintained interest rates unchanged, and Powell hinted at future policy adjustments: The Fed once again announced that it would maintain the current interest rate level unchanged, which was in line with market expectations. Fed Chairman Powell said that if inflation falls as expected and the labor market remains stable, the policy interest rate may be considered in September.

What happened to the market? 2 cryptocurrencies surged 100 times in the bull market!

1.ENS
If ENS becomes a good investment in 2024, then this year will be a favorable year for cryptocurrencies. All in all, the bullish price prediction for ENS in 2024 is $49.65. In contrast, if negative sentiment is triggered, the bearish price prediction for ENS in 2024 is $7.41. If market momentum and investor sentiment are positively boosted, ENS may reach $60. Moreover, with future upgrades and advancements in the Ethereum Domain Name Service ecosystem, ENS may surpass its current all-time high (ATH) of $85.69 and set a new ATH.

2.JTO
Jito (JTO) has shown resilience during the recent market crash, indicating that it has strong growth potential. Currently trading between $2.37 and $3.20, the nearest resistance is $3.50 and support is firmly established at $1.83. With the 10-day moving average at $2.56 and the RSI near neutral at 49.96, bulls seem ready for further gains. If Jito breaks above the $3.50 resistance, it could surge to $4.33, marking a massive gain of over 30%. Recent price changes, including a 10.5% gain in a month and over 36% in six months, further suggest a bright future ahead
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#美联储何时降息？ #美国政府转移BTC #比特币大会 #超级央行周

Some people say that BTC will rise after the US rate cut, while others say it will fall. What do you think?

There is no doubt that it will fall sharply in the short term, but it is optimistic in the medium term and very pessimistic in the long term.
Why? Because the concept of rate cut has been hyped for too long. Everything has a limit. For example, the impact of the Russian-Ukrainian conflict and the Palestinian-Israeli conflict on the currency circle will only become smaller and smaller. The hype of rate cut is the same. Therefore, while the interest rate has not really been cut, you can consider slowly clearing your position during this period of hype. Of course, this is the safest way.
Medium-term optimism depends on the liquidity situation after the rate cut.
Long-term pessimism is because the growing debt interest rate will definitely become a big thunder that everyone has to face. Don't rely on the wisdom of future generations. It is our generation that has to face this problem.
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#美国政府转移BTC #比特币大会 #美国以太坊现货ETF开始交易 #美联储何时降息？

Brothers, a blockbuster new picture is out!

The second half of the year is particularly important for us in the currency circle. While looking for faith everywhere, it is most important to improve our own cognition.

Binance Research recently released a research report for the first half of 2024, and expressed some views on the second half of the year, optimistic about the Bitcoin ecosystem, RWA, DePIN, WEB3 games, MEME and other tracks!

Caishen reorganized and refined the content, and integrated his own views with some logic. Welcome everyone to like and forward!
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#美国政府转移BTC #美联储何时降息？ #比特币大会 #超级央行周 #美国大选如何影响加密产业？

Will Bitcoin return to $40,000? Its market value has surpassed Berkshire and Meta. What factors have contributed to the rise of Bitcoin? What will be the subsequent trend?

All indicators have failed, and Bitcoin has once again stepped back to the level of 52. We need to see if this position can hold up. If there is new bad news, causing this position to fail, then the next support point is 42. If even this key bull-bear dividing line is completely broken, this round of callback is equivalent to an upgraded version of the 312 incident.
However, all the crypto market crashes caused by external bad news actually contain opportunities. From the 94 incident, the 519 incident to the 312 incident, every major callback has been recorded in the history of the crypto market.
In another half a month, the adjustment time will reach four months. Even in the bull market, the most tragic adjustment period is only three months. The current adjustment time has exceeded the 519 incident. If you still believe in the bull market, then now is the bottom area.
Even if we are in a new round of big bear market, the sharp decline in the bear market generally lasts for about seven months before bottoming out. According to the logic of the bear market, it will fall to October or November at most, and then a new round of market will start.
What we have to do now is to hold on first, at least the future is still full of hope. If the blockchain market really keeps falling, with no signs of rebound or rise, then this industry is doomed to disappear, and everyone will disperse!
The market has not been rising all the time, nor has it been falling all the time.
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A test question:

You were born in a rural mountain village, your parents are illiterate and both are farmers.

You have been independent since you were young, working outside and have not been home for more than ten years.

By chance, you made 1 million. Remember, it is purely accidental, it is not your strength, you will never be able to make this money again! This is the start-up capital of your life, the most important original accumulation. If you lose it, your life will almost never turn around.

But at this time, your father is seriously ill and needs 1 million to save him. Please ask, are you willing to take out this money to treat his illness?

Give birth to you, he just shuddered, and then you were born. Raise you, raise you, in the rural mountains, born and raised by nature, you went out to work when you were a teenager, raise you to this age, the money spent on you in those days was only one or two thousand, you have already paid it back dozens of times.

So, will you take out the chips of your life turnaround to extend his life?
#美联储何时降息？ #比特币大会 #美国政府转移BTC