The minutes of the Federal Reserve's September interest rate meeting were released in the early hours of the previous night, which made the world gasp. Bitcoin (BTC) fell suddenly, retreating from the 30-day moving average of 62k to the 60,000-dollar line. Now it is easy to blindly shout long or short, and it is also easy to get "traffic recognition", but real trading does require careful planning. You can say that I am short-term, but I am just preparing for the long term! Have your own rhythm, instead of being led by the market!
On October 7, I proposed that it was normal for BTC to fall from 64,000 to 1:1 (those who have not entered the market should wait and see, otherwise entering now would be equivalent to entering the market halfway). As expected, it fell by 1:1. I have said that trading is a bold hypothesis and a process of careful verification: See the article on October 8. A-shares soared "opening and closing at the same time". Is there hope for the cryptocurrency circle? What reasons do you have for not being optimistic about Bitcoin? It is a good time to increase your position in 4 altcoins
Yesterday, in the "On the way" inner skirt, four possibilities were given in real time! Today, we can temporarily remove the two that do not match, and remove one and it has already come out. Then we need to add another one. The following is the text description:
The first scenario is that the price gets support at the 60,000 support level, the adjustment ends, and the price takes off (or continues to fluctuate upward). This scenario can be seen as a second exploration of the second support level (three support levels of 62,500-60,000-55-57 have been proposed for many days), but it should be noted that the price is currently falling below the 4-hour level, and there is no divergence.
The second way is to go down directly here, or continue to torture, from the 60000 support to test the 64000 pressure, and then go down, completing a 1:1 decline from 66500. However, the danger of this way is that it will fall to the range of around 57000. If emotions get out of control and negative factors are added, it is easy to break through the 57000 range and move out of the push. Next, focus on observing the performance of the 60000 support level.
Macro Aspects
The first point to note is: This is the early morning tweet from the Federal Reserve News Agency
Note: I have posted on Weibo! Whether the decision is based on data or the data is based on the decision, the answer will be known within a month.
The second point to focus on is: tonight's data:
I still hold the view held yesterday that the market will gradually warm up after the CPI. Besides, as long as the data does not significantly exceed expectations, the impact on the market will be limited, and the market will continue to move in the direction it originally intended to go.
Operation
Personally, I am not particularly optimistic about the market. Good or bad data cannot change the fact that money has not flowed in, and it takes money to pull the market up. The protection has not been withdrawn. I choose not to trade in this wave and wait for the rise to knock down my protection. No matter what kind of Tai Chi the Fed plays next, we will still unswervingly move forward steadily according to the established principles and policies.
Yesterday I briefly explained to you: Why are so many people in the cryptocurrency circle playing MEME?
Let’s talk about it again today: How to play MEME well!
My suggestion is to learn first, learn more, then play! As the saying goes, if you want to do your work well, you must first sharpen your tools. This is suitable for beginners.
First of all, let me pour some cold water on you. The targets of early-stage memes are often niche. If they become popular at the first stage, I can say that they will die, or retail investors will die, because retail investors do not have the ability and conditions to snipe the insider trading. They cannot beat the big science. If you see a large number of domestic bloggers you follow using the same rhetoric cx to warm up this meme in the same time period, you don’t need to read it.
1. First of all, you must be a web3 expert
Twitter, Google and Instagram are all meme tools that you need. You should spend more time on pushing than on TikTok and Weibo. Pay more attention to some official figures overseas. What is an official figure? The major public chains are co-founded. Endorsement is credibility. It is not that overseas KOLs are strong just because they have millions of fans.
2. Entry-level line-viewing tools:
gmgn, abot, dexscreener. Don’t think it’s too much trouble in the early stage. Looking at it together, gmgn is suitable for novices. Many basic items are marked, especially the contract identification function and the function of the big mouse warehouse wallet are friendly;
3. Trading robots.
But in fact, gmgn pepe, dexx and other similar websites are enough for beginners. They do not earn commissions. You can search for the links yourself.
4. Timing of purchase
This is very important for newly launched memes. Once you reach the top, you will reach the top of the mountain. The payback period has already smoothed the PVP limit, and it is easy to sell when you take off. Non-scientists, non-bankers, and non-snipers observe that the first cycle is 10 minutes. In addition to the basic market value and population data, see whether the dev chips and the bottom chip address are healthy. The picture shows the dev's own rat warehouse address:
In this case, you have to think about what you will do if the dealer breaks through, and whether the dealer will really break through (based on the background check you find at the first level)
The second timeline is 15-30 minutes. At this time, the snipers have basically left, and there is enough time to judge more factors whether to start, such as popularity, whether there is a possibility of secondary creation, and combining the current real-time hot spots, go to Google to check the global discussion. Often, when a meme has no popular figures directly calling orders, the most important factor and the decisive factor is popularity. Don't be easily swayed by market sentiment, and maintain independent thinking and insight.
The biggest event of the year, the US election, is finally coming to an end!
After a round of hype, the election track is somewhat different from before. It is not stable enough and there are many opportunities. The good news in the cryptocurrency circle is generally digested in advance, and the drama of the election is also likely to be hyped to the peak before the truth comes out. We don’t have much time, so we have to cheer up and eat this last bite of meat.
So where is the meat? How do you eat it? What do you stir fry?
The questions to be concerned about are: 1. Which coins still have room for speculation? 2. Which coins can definitely follow the hot spots? 3. Even if the new hot coins take off, they will have considerable linkage? 4. What should we be sensitive to? 5. Where can we get the latest news about the track?
It's all systematic work! At least study all the stocks related to the election on the market, and pay attention to Musk, Trump, and Harris. After researching, I made a list for you. There are not many stocks that are worth looking at.
New hot coins still need to be mined and tracked. I don’t like those coins that only last for a day or two. They are not very interesting.
Who will be elected?
In fact, it is not important. What is important is how the performance on the stage is before the results come out, whether there are gimmicks that can be hyped, and whether you can make money. If you play with coins, you have to get rid of the logic of making money at the "moment when the results come out". All the money must be made before the results come out.
What everyone is speculating on is expectations and time windows, which are only 2-3 weeks. Come on friends, MEME will never die!
