Today's key financial data and events: Friday, November 29, 2024 ① To be determined Iran held talks with Britain, France and Germany on controversial nuclear projects ② 07:30 Japan's October unemployment rate ③ 15:45 France's November CPI monthly rate preliminary value ④ 15:45 France's third quarter GDP annual rate final value ⑤ 16:00 Switzerland's November KOF economic leading indicator ⑥ 16:55 Germany's November seasonally adjusted unemployment number ⑦ 16:55 Germany's November seasonally adjusted unemployment rate ⑧ 17:30 UK central bank mortgage licenses in October ⑨ 18:00 Eurozone November CPI annual rate preliminary value ⑩ 18:00 Eurozone November CPI monthly rate preliminary value ⑪ 21:30 Canada's September GDP monthly rate
The easiest way to make money from cryptocurrency trading is like drinking water once you suddenly realize it! The easiest way to make money from cryptocurrency trading! Once you suddenly realize it, it's like drinking water! ! The rules for making money in the bull market, remember it! ! 1. Once the rise starts, it will not end easily, so don't be afraid of the big pullback in the early stage, enter the market boldly, the most troublesome thing is to continue to wait for a lower point, the higher the wait, the more empty it will be. 2. There are many pins in the bull market. If your position is not full, try to wait for a pullback and go all in directly, otherwise you will be given a shot at any time, and most people can't stand it. 3. You must do a good job of position management. It is best to lay out several key sectors, because if you have a full position in one sector, this sector will not move in the short term, and other sectors will rise all the way. This is the most uncomfortable. You chase and get stuck again, and the cleared position will take off again in a few days. Many people have encountered it, so either don't buy it, or you must hold it firmly after buying it, and you will always wait for your coin to rotate. In the bull market, even the garbage coins will have five times and ten times. 4. The market always rises in the midst of disagreement. A bunch of people often criticize opportunities, but when everyone is optimistic, it is a risk. 5. Don't always think about short-term high-selling and low-buying. Once you get off the bus halfway, you will find that you can't get back on. Short-term play is not as good as others who lie still and make more money. 6. Every time the market pulls back, there will be panic. Everyone says that the bull has run away. The fact is that it will take at least three or four major pullbacks before the bull market may end. So don't be afraid, you must have a pattern. As long as you can hold it, and it is not a junk coin, even if it is worse, it will be five or ten times. After a round of bull market, it is nothing to eat twenty or thirty times the spot.
Whether you are a newcomer or an old investor, the biggest question is why there is no copycat season like in 2021?
The situation is different. In 2021, the Fed was in a period of full-line release of funds, and hot money was abundant. Now it has just started to cut interest rates, and there is still a short time before full-line release of funds. However, judging from the current world economic situation, the pressure on banks will reach its limit around January, and the market will inevitably expand its balance sheet by then.
However, I still have to pour cold water on everyone. Don't think that you can make money by cutting interest rates. In fact, in 2021, only the first half of the copycat market rose, and the second half was only concentrated on the hot track, so the second half of this round must be grasped.
The "password" of the cryptocurrency circle and the Bitcoin bull market: liquidity dominates the trend
In the ever-changing cryptocurrency circle, the rise of a bull market often requires a strong "engine" to drive it, and many factors work together to ignite market enthusiasm and push up the price of the currency. However, the logic of the Bitcoin bull market is relatively "pure", and its core driving force mainly comes from the abundance of liquidity.
Looking back to September, the Federal Reserve cut interest rates for the first time. According to its official statement, the balance sheet reduction action is still continuing. The effects of one reduction and one reduction offset each other, and the current interest rate remains neutral. Despite this, the general direction of the market trend is clear. The interest rate cut and the gradual move towards quantitative easing are like an arrow from a string, which is difficult to reverse. With the November election coming to an end, the funds that were previously dormant due to fear of election fluctuations have returned to the market like a tired bird returning to its nest, and the drops have gathered into a "living water" of liquidity, quietly moistening the market soil.
In December, the Federal Reserve's interest rate meeting has attracted much attention. At that time, the interest rate is likely to drop by another 0.25 percentage points. More importantly, it is very likely that the Fed will announce a slowdown in the process of shrinking the balance sheet, or even directly press the "stop button" to end the shrinkage. This move is tantamount to blowing the "charge" of the quantitative easing cycle, and market confidence will be instantly injected with a "heart shot", which will be greatly boosted. Looking forward to the follow-up until 2025, interest rates will continue to decline, with the target of 3.25% or even lower. Massive liquidity will continue to rush into the market "river", and asset fields such as the stock market and Bitcoin will be like ships with sails raised, leveraging the upward force to start a magnificent bull market journey.
Although the peak of the bull market is like a treasure hidden in the fog and it is difficult to accurately predict the exact moment of its appearance, there is a clear "signal light" that cannot be missed - once the quantitative easing cycle ends and the total money supply M2 begins to shrink, it is a warning that the market is about to "change its face". At this moment, you must not be greedy for the "last piece of pie". Decisive profit-taking and safe "landing" is the best choice for wise investors.
The US stock market was closed yesterday, and the fluctuation was not big. The overall fluctuation was in the range of 96500-94500. It is expected that the intraday fluctuation will remain the same. The long-term short position at 96400 can continue to be held. For the short-term, it is OK to go high and low around the range of 96500-94500. Go short near the upper 96000-96300, and go long at the lower 94800-94500. It is expected to fall back to 95000-94600 in the morning, and look at 96000-96300. Ether fell back to 3500-3520 in the morning, and look at 3580-3620
Cryptocurrency investment tips: How to distinguish information gaps from ways to make money
Cryptocurrency investment tips: How to distinguish information gaps from ways to make money
In the cryptocurrency world, which is full of opportunities and risks, many people want to know how to distinguish information gaps and make millions of dollars. But in fact, cryptocurrency trading cannot rely solely on news. It can even be said that sometimes it is more reliable to just look at the candlestick chart than the news. Why is this? Let's listen to what Theophilus, a well-known KOL in the Chinese cryptocurrency world, has to say.
Theophilus is a well-known trader and YouTube blogger, known as the "No. 1 Chinese Cryptocurrency Trader". The cryptocurrencies KOL aggregator he recommended is super easy to use, and can aggregate paid community content from more than 30 cryptocurrencies KOLs. It is a must-have tool for cryptocurrencies advancement.
Sharing of survival experience in the cryptocurrency circle
1. Be cautious when exchanging coins
Don't easily exchange the coins in your hands. Believe that the coins in your hands will have opportunities sooner or later. Frequent exchange may miss good opportunities.
2. Be wary of popular coins
The coins that everyone is discussing are often close to the peak of the price. There may be a chance of a turnaround in the bull market, but it is hard to say in the bear market, so don't touch them easily.
3. Don't believe in rumors of skyrocketing
Those who claim that a certain coin can increase by a hundred or a thousand times are either stupid or cheating. Even if there is such a coin, can you bear not to sell it when it skyrocketed? Don't believe such remarks.
4. Stay away from contracts in the bull market
The probability of playing contracts in the bull market to survive safely until the end of the bull market is very low, and the risk is extremely high. Try not to touch it.
5. Keep a cool head
When everyone is caught in FOMO emotions, you have to soberly assess the risks and benefits. Protecting the principal is the key, and you must not blindly follow the trend.
6. Don't believe in contract indicators
No matter whether it is a bull market or a bear market, the technical indicators of contracts are often unreliable. The so-called winning rate indicators are often just traps set by dealers. Don't be misled.
7. Stick to your own choices
Coins that can survive in a bear market are likely to rise in a bull market, so you must believe in your choices and don't waver easily.
8. Do a good job of fund management
If you have more than 100,000 funds, don't touch contracts. It is relatively safe to hold mainstream coins; if you have less funds, you can take appropriate risks to invest in altcoins, but you must be cautious.
9. Learn to go with the flow
The currency circle is in a state of decline or fluctuation most of the time, and only a small part of the time is rising. You must have enough patience and go with the flow to better deal with it.
10. Pay attention to the timing of escaping the top
Making money in a bull market is not necessarily safe. The real way to make money is to successfully escape the top at the end of the bull market. Assets may shrink significantly at the end of the bull market, and the bear market is even more terrible, and assets may return to zero. Only 10% of people can make money in the currency circle, and most of them miss opportunities because of greed.
Remembering these points will make your life in the cryptocurrency world relatively stable. #BTC☀ #ETH🔥🔥🔥🔥
"Secrets" for buying the bottom and escaping the top in the currency circle: key points to remember
1. Coordinate volume and price to get a glimpse of the top and bottom
1. Observe the volume of rising callbacks: The currency price is correcting during the rise. If the trading volume does not shrink significantly, it is like firewood is still being added to the blazing fire. The market enthusiasm continues to "burn", and the subsequent upward trend is likely to continue. . On the contrary, when the currency price climbs to a new high, the trading volume "drops the chain" and does not increase but decreases. It is like a feast gradually dispersing and the guests leave. The top may be quietly approaching, so you need to be alert and tighten your heartstrings. 2. Wandering at low levels to find buying points: The currency price has been "pacing" at low levels for a long time. Don't rush to become a "takeover". Wait patiently for it to bottom out for the second time, just like a diver who dips into the depth and then quickly rebounds and floats up. Once such a reversal trend occurs, it is like the sound of a starting gun, which is an excellent "command signal" to buy. Entering the market at this time is expected to ride on the subsequent upward trend. "express train".
2. Breakthrough signals continue to rise and fall
1. Wait and see for the first breakthrough: After a long-term "dormant" at the bottom, the currency price "breaks out" upwards, but quickly fails and falls back to its original position. Don't be fooled by this "fake move". Sit firmly on the Diaoyutai and wait for it to make a second effort and break through upward again, then it may really start a substantial upward journey. By then, the increase will often be considerable, and the harvest period may be just around the corner. 2. Sideways fluctuation warning risk: After experiencing a sustained and rapid rise, the currency price entered sideways and started a small "shock dance" up and down. It seemed calm, but in fact there was an undercurrent. This is often a "gentle trap" carefully laid out by the market to attract investors. In fact, risks are quietly rolling in the dark like snowballs, accumulating. At this time, it is necessary to set up a stop-loss "safety net" to nip problems in the bud and avoid falling into a deep "quagmire". #BTC☀ #ETH🔥🔥🔥🔥
The "Five Iron Laws" of Cryptocurrency Bull Market, a Guide to Advancing Wealth
The "Five Iron Laws" of Cryptocurrency Bull Market, a Guide to Advancing Wealth
In the bull market of the cryptocurrency circle, everyone hopes to make a fortune, but the market is volatile, with traps and opportunities coexisting. Only by keeping these five iron laws in mind can you keep the rhythm right and avoid risks.
1. Rapid rise and slow fall, wait for an opportunity to enter the market: When you see the price of a certain currency rushing up like a ignited rocket, but falling as slowly as a snail, it is likely that big funds are quietly "stockpiling" in the low price range and making secret arrangements. This is like the calm before the storm, brewing a greater rise in the future. At this time, you have to open your eyes and tighten your nerves, maybe it is the perfect opportunity to enter the market, don't miss this "ticket" to take the wealth express.
6 key points to prevent losses in cryptocurrency trading, a must for novices
1. Pick strong coins, refer to the 60-day line, enter or increase positions online, and withdraw offline, simple and effective. 2. Don't chase more than 50% increase, buy at a low position, the risk-return is better. 3. Pay attention to the signals before the big rise, when the price fluctuates slightly (10% - 20%) and the trading volume shrinks, buy in batches at a low position. 4. In the early stage of new market hotspots, follow the big funds to enter the market and make profits. 5. In the bear market, stop trading, at least half a year, and rest is the best policy. 6. Review the strategy every week, stick to it if it is right, adjust if it is wrong, and steadily establish a trading system.
The cryptocurrency circle is complex and changeable. Investors must understand the risks, remain rational, and respond with a stable strategy. #BTC☀ #ETH🔥🔥🔥🔥
Data shows that in the past 4 hours, the entire network had a liquidation of US$54.3911 million, of which long positions were liquidated for US$41.5471 million and short positions were liquidated for US$12.8440 million.
Since Trump's victory on November 5, Bitcoin futures open interest has risen sharply. Data shows that Bitcoin futures open interest has risen from $39 billion on November 5 to $60.9 billion at present, indicating an increase in trading activity and market speculation. Bitfinex analysts said that the increase in open interest appears to be a natural growth, driven by expectations of future price appreciation. Leverage accumulation is a common tool used by traders, including institutions, to position themselves against expected price movements.
According to data updated by Lookonchain on the X platform, on November 28, the US Bitcoin ETF had a net inflow of 789 BTC (US$75.14 million), and the Ethereum ETF had a net inflow of 13 ETH (US$47,500).
According to on-chain data tracking service Whale Alert, a dormant address containing 16 BTC ($1,544,061) has just been activated after 11.0 years (worth $14,186 in 2013).
According to monitoring by The Data Nerd, smart money 0x776 deposited the last 702 ETH (approximately $2.55 million) into OKX. Two years ago, he accumulated 5,135 ETH at an average price of about $1,191 and earned approximately 286 ETH by staking on Lido. Through this investment, he made a total profit of $9.19 million, with a return on investment of about 150%.
On November 28, news reported that the Federal Reserve's favorite inflation indicator, although in line with expectations, rebounded in October compared to September. This data supports the Federal Reserve's cautious stance on interest rate cuts, but market expectations for a rate cut in December have not been dampened. According to 4E monitoring, the three major U.S. stock indexes collectively closed lower on Wednesday, ending a recent streak of gains. The Dow Jones fell 0.31%, the S&P 500 dropped 0.38%, ending a seven-day rise; most large tech stocks declined, and the U.S. stock market will be closed for one day on Thursday, with an early close on Friday three hours ahead of schedule. Traders seem to be taking profits from large tech stocks that performed well this year, leading to a 0.60% drop in the Nasdaq, which lagged behind the three major indexes. Earlier this week, Bitcoin experienced a pullback as some investors took profits when prices approached historical milestones. On Wednesday, the cryptocurrency market collectively rebounded strongly, with Bitcoin rising nearly 4.4% in the last 24 hours, and Ethereum rising over 10%, boosting the performance of crypto concept stocks. MicroStrategy rose 9.94% and Coinbase rose 6.03%. In the forex commodity market, trading was light ahead of Thanksgiving, with the dollar weak, falling about 0.9% to hit a two-week low, while non-U.S. currencies rose broadly; news about the potential delay of OPEC+'s production increase plans supported oil prices, with U.S. crude oil closing slightly down on Wednesday and Brent crude remaining roughly flat; gold prices rose on Wednesday, but after data showed inflation progress stalled, expectations for interest rate cuts were suppressed, and the increase in gold prices narrowed. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. Recently, it launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.