Fundamentals: A public blockchain in the United States backed by JPMorgan, which can be accumulated in batches.
KDA is backed by Microsoft, Morgan, and Moody's. What does Moody's do? Asset ratings; are you A-level or junk-rated? Wall Street loves to sell asset packages; refer to the movie 'The Wolf of Wall Street', where the subprime crisis was caused by those people packaging and selling junk assets to others, leading to a collapse. With RWA emerging, can Wall Street resist selling asset packages? The Morgan consortium behind KDA holds 1/4 of the savings of American citizens, which you can think of as equivalent to China's Industrial and Commercial Bank. The person in charge of KDA is the blockchain head of the Morgan consortium, and the first blockchain of the Morgan consortium was created by KDA's boss; just think about the resources he has behind him. Moreover, KDA's boss is also the head of the Digital Currency Committee of the U.S. Securities and Exchange Commission.
Technical Analysis: This round of decline has only shown reference prices and standard prices, making it a second-strong asset.
Strategy: If it falls back to the K-line on December 20, you can accumulate in batches, with a stop-loss set at 2% below the lowest price.
Major events to look forward to for ZEN in 2024-25:
▶︎ ZKV airdrop; zk technology is the future, and the new chain $ZKV modular verification chain created by the Horizen team will provide substantial airdrops to ZEN holders. (Very important);
▶︎ Grayscale HZEN approved ETF; After Grayscale's GBTC approval, it's only a matter of time before HZEN is approved through an ETF.
▶︎ HorizenEON 2.0 will transition to PoS, reducing miner selling pressure by 60%;
▶︎ Re-listing on exchanges, becoming compliant: ● OKX re-listing + ● Removal from Binance's watchlist (Binance has removed from watchlist as of July 1) ● Several Korean exchanges, including Upbit, are orderly listing. The business team and the Korean team are leveraging their networks to implement this.
▶︎ Free ZEN ecosystem airdrop; Many ecological projects on EON have yet to issue tokens. Please actively engage in trading with $ZEN on the ecological projects above on EON, go to DeFi, create NFTs, perform swaps, manage domains, and utilize cross-chain bridges.
▶︎ 2024 halving; The second halving will occur on December 12, 2024, at block $ZEN .
▶︎ RWA (Real World Asset) web2 enterprise assets on-chain. Horizen Labs is starting from Web3 protocols and companies focused on RWA. We are actively working on expanding the RWA ecosystem on EON and exploring tokenization opportunities for Web2 businesses, as well as the on-chain integration of their assets.
▶︎ Horizen Labs successfully builds ApeChain, contributing to the Horizen ecosystem and increasing incubation funds. ZKV will be integrated into ApeChain, and ApeChain will incorporate Horizen Labs' ZkVerify to reduce verification costs. ZKV and ZEN are community partners.
LPT trend is rising, pay attention as we are entering the takeoff period. Grayscale's favorite series, Grayscale has recently become a hotspot for funds, and every time LPT starts, the rally is very strong, along with its sibling #ZEN.
💸 Payment Track Analysis 💸#XLM Retracement Range: 0.3524 - 0.3398, can be bought in batches, stop loss position: 0.3282#IOTA Buying Range: 0.3085 - 0.2744, stop loss position: 0.2613🎯 Pay attention to position control and strictly implement stop loss!
Daily level: Yesterday, the market closed with an engulfing positive line, and the closing price successfully stood above the lowest standard price, releasing a bottom signal. The "1+3" model of decline has not yet been formed, and the situation is relatively optimistic. 4-hour level: The lower edge of the Vegas channel supports the rebound, and the bottom gradually rises.
📈 Next, pay attention to the Fibonacci 0.618 percentile (3443). If it can stand firm and get support, there may be further room for growth!
Christmas is approaching, liquidity tightening + low sentiment, beware of the continuation risk of bearishness.
Weekly Level: Last week, a bearish combination (upper line + engulfing bearish candle) was formed, establishing the tone for the overall market pullback and fluctuation.
Daily Level: After a evening star combination appeared at the top, a bearish candlestick reversal signal followed, along with the "1+N top sell" model. The short-term MA5 moving average and EMA15 moving average also exert pressure on the daily candlestick. The "1+3" decline model is also about to form, making the closing situation of the candlesticks in the next two days particularly critical.
4-Hour Level: If the bearish trend continues and the market further declines, look for support levels on the 4-hour chart, at the lower edge of the Vegas channel, which corresponds to the Fibonacci 0.382 level, around 87000.
I have experienced 312, 519, 84, 1220, Brexit, the Luna crash, the Three Arrows Capital crash, the FTX collapse, major exchanges delisting, mining machine delisting, announcements from ten ministries, announcements from twelve ministries prohibiting, US stock market circuit breakers, the Ukraine war, airstrikes in the Middle East, Grayscale's crash, the US government's crash, the German government's crash, miners and whales crashing the market, the Federal Reserve's continuous interest rate hikes, Japanese stock market circuit breakers, South Korean stock market circuit breakers. In short, what I have experienced is a storyline that you can't even write in a novel; others have not lived through the excitement in just a few short years that I have. So, your small drop in value doesn't scare me.
Powell's attitude towards Bitcoin is nothing new. From 2018 to now, he has always held a conservative position, emphasizing that Bitcoin is not applicable as a means of payment and is too volatile. These views have long been known to the market and reflected in prices:
July 2018: "Bitcoin is mainly a speculative asset, not a currency."
July 2021: "The volatility of cryptocurrencies makes it unsuitable as a stable payment tool."
May 2022: "Bitcoin's high volatility shows that it is a speculative tool and is not suitable as a payment tool."
This speech can be seen as Powell's reaffirmation of the Fed's position. There is no substantial policy innovation and no specific suppression measures involved. The market's sharp drop after Powell's speech was more of an emotional reaction than a real policy shock.
Trump once appointed Powell as the chairman of the Federal Reserve, showing that the two are not completely opposite. If Trump returns to the White House, he can promote the development of Bitcoin through other means such as the Treasury Department and funds, rather than relying solely on the Federal Reserve. #美联储放鹰 #Bitcoin
From Alcoholism to Addiction to 'Loss': Dr. Alexander Elder's unique perspective on trading psychology stems from his early career as a psychiatrist. He treated many alcoholics and discovered that the psychology of alcoholics is strikingly similar to that of traders facing losses.
1. Similarities Between Alcoholics and Losing Traders • Denial of Reality: Alcoholics deny the control that alcohol has over their lives, just as losing traders deny that they have lost control over their trading.
2. They constantly change their trading strategies, just as alcoholics try to quit hard liquor by switching to beer, yet fail to truly solve the problem. • Impulse Control: Alcoholics cannot resist the urge to drink, and losing traders also cannot control their urge to trade. They overtrade, frequently entering and exiting the market, ultimately leading to greater losses. • Concealing Mistakes: Most losers hide their mistakes from anyone, including themselves.
3. They do not keep any records and disregard broker statements, just like a drunkard who does not want to know how much alcohol they have consumed. • Seeking a 'Magic Cure': Failing traders yearn for resurrection techniques, constantly trying new trading systems, software, and tricks, just like alcoholics seek quick methods to quit drinking.
4. They do not realize that the root of the problem lies within themselves, not in external tools or methods.
Dr. Elder's Trading Psychology Therapy: • Acknowledge the Problem: Just as an alcoholic must admit their lack of control over alcohol, traders must first acknowledge their inability to control losses. This is the first step towards success. • Control Risk: Traders should strive to avoid losses throughout the day, just as alcoholics maintain sobriety. To achieve this, they must clearly define trading risks and keep them within manageable limits.
The key to trading success lies in controlling emotions, rather than being controlled by them.
Only when traders can control their trading behavior like alcoholics control their alcohol consumption can they survive in the market long-term and ultimately make a profit.
#ftt FTT can be intervened at the current price here, stop-loss position is set at 2.511, the first target position is at 2.97, and the second target position can be seen at 3.33.
Share two password analyses using institutional models 💰
First, $CRV (Figure 1):
On the day of the flash crash on the 12.9, institutions precisely controlled the price, rebounding upwards to the opening price where the dark horse emerged, and then closing with a pin bar.
If it can drop back to the range of 1.0917--1.0477--0.9717 in a few days, it can be bought in batches.
Second, $ACT (Figure 2):
Currently, a triangular convergence pattern has appeared on the daily level, with support in the area of the lower shadow of the “standard price” (0.4928--0.4775--0.4478), and it can also be attempted to intervene.
⚠️Correction:#BNXrange is 0.6246-0.5895, can be accepted in batches, and the stop loss will be below 0.5711 if the closing price falls on the next day.
醒目的小鳄鱼
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Spot #SYS Range 0.1668-0.1569, can be purchased in batches, stop loss if the next day's closing price falls below 0.153. #TRU 0.125 can enter 1-3 layers of positions, the remaining positions can continue to be purchased in batches in the range 0.1182-0.1031, stop loss if the next day's closing falls below 0.099. #CRV Range 0.9845-0.8774, can be purchased in batches, stop loss if the next day's closing falls below 0.8466. #BNX Range 0.7160-0.6770, can be purchased in batches, stop loss if the next day's closing falls below 0.6495. #CKB Range 0.01560-0.01449, can be purchased in batches, stop loss if the next day's closing falls below 0.01415. #CORE Range 1.4587-1.1162, can be purchased in batches, stop loss if the next day's closing falls below 1.0721. #MKR Range 1824-1733, can be purchased in batches, stop loss if the next day's closing falls below 1657. #BICO Range 0.3398-0.3115, can be purchased in batches, stop loss if the next day's closing falls below 0.29. #AEVO Range 0.5069-0.4747, can be purchased in batches, stop loss if the next day's closing falls below 0.4557. #TLM Range 0.01744-0.01557, can be purchased in batches, stop loss if the next day's closing falls below 0.01472. Do your own research! For reference only.
Spot #SYS Range 0.1668-0.1569, can be purchased in batches, stop loss if the next day's closing price falls below 0.153. #TRU 0.125 can enter 1-3 layers of positions, the remaining positions can continue to be purchased in batches in the range 0.1182-0.1031, stop loss if the next day's closing falls below 0.099. #CRV Range 0.9845-0.8774, can be purchased in batches, stop loss if the next day's closing falls below 0.8466. #BNX Range 0.7160-0.6770, can be purchased in batches, stop loss if the next day's closing falls below 0.6495. #CKB Range 0.01560-0.01449, can be purchased in batches, stop loss if the next day's closing falls below 0.01415. #CORE Range 1.4587-1.1162, can be purchased in batches, stop loss if the next day's closing falls below 1.0721. #MKR Range 1824-1733, can be purchased in batches, stop loss if the next day's closing falls below 1657. #BICO Range 0.3398-0.3115, can be purchased in batches, stop loss if the next day's closing falls below 0.29. #AEVO Range 0.5069-0.4747, can be purchased in batches, stop loss if the next day's closing falls below 0.4557. #TLM Range 0.01744-0.01557, can be purchased in batches, stop loss if the next day's closing falls below 0.01472. Do your own research! For reference only.
This MicroStrategy set is stronger than Luna, stocks won't be forcibly liquidated, you can short your own stocks, then sell your own stocks, and use the money to buy BTC.
Analyst Louis said that the launch of the $XRP ETF may provide investors with a more standardized and regulated cryptocurrency investment channel and attract more institutional investment.