$DOGE Dogecoin (DOGE) has been incredibly popular recently!
#狗狗的未来 Those big players (let's call them 'whales') have been transferring funds in and out of Dogecoin wallets, with one transfer amounting to $102 million! This indicates that the Dogecoin market is currently very active, and everyone is paying attention.
The price of Dogecoin is quite high now, at $0.44 each, which has increased several times compared to October! Moreover, the daily trading volume is significant, with $10 billion traded daily in November, and it has stabilized at over $2.4 billion in December. Additionally, there were 9.23 million active addresses in November, marking a historical high!
From a technical perspective, Dogecoin is quite stable around the $0.40 mark, with potential for further increases. The Relative Strength Index (RSI) is currently at 62, indicating more room for growth. However, the price may need some adjustment before making significant moves.
Trading volume has remained stable, and the derivatives trading volume has increased by 77%, showing that many people are looking to profit from Dogecoin's price fluctuations.
Dogecoin is becoming increasingly popular, with a market capitalization exceeding $60 billion! This is all due to consistent buying activity, along with an increase in network earnings.
If Dogecoin's price retraces, the $0.35 level provides additional support. Traders are closely monitoring these price levels, ready to seize opportunities.
The 200-day moving average is currently at $0.15, which also serves as decent support in the long term. The gap between moving averages is widening, indicating a strong upward momentum for Dogecoin!
Recently, there have been many large transactions between exchanges and private wallets, which often signal market volatility or price movements. So, everyone should stay alert; you might catch a good opportunity!
Overall, Dogecoin is currently extremely popular, with both institutions and retail investors actively trading! #XRP市值重回第三 #ETH持续飙升
Stop running around like a headless chicken! If you want to make big profits in a bull market, like and comment, and I’ll guide you through the entire bull market to seize opportunities together! $BTC $XRP
#XRP市值重回第三 There is a man named Brandon Briggs, who claims that the cryptocurrency XRP will rise to $100 per coin, saying that this is a financial revolution!
However, I have to make it clear first, Brandon Briggs said that he is a financial prophet and that God told him that XRP will rise sharply. But in fact, he didn't even know what XRP was before.
Moreover, he also said that he could predict Trump's assassination, which sounds quite mysterious. We still have to be rational and don't take it too seriously.
However, in addition to him, there is an analyst named EGRAG CRYPTO who also thinks that XRP has potential, saying that it is not a dream that it has risen from $2.9 to $5.
So why choose XRP? They said that XRP is rising fast, and it is possible to reach a big agreement with the US government, plus it is blessed by "God", which sounds very tempting.
But I want to remind everyone that you have to be careful about investing. Don't just listen to what others say, you have to use your brain. Although XRP may be a good opportunity to make money, it may also be risky.
So, brothers, it's good to want to make money, but you have to invest rationally and don't rush in. XRP, we can take a look, but don't regard it as the only way out. #ADA、ENA大额解锁 #ETH持续飙升 #下一个换谁涨? $BTC $ETH
Don't be a headless fly anymore. If you want to make a lot of money in the bull market, like + leave a message, and take you to plan the entire bull market and seize the opportunity together!
$DOGE The Dogecoin market is changing rapidly, and investors are keeping a close eye on large transactions!
#ADA、ENA大额解锁 Attention, fellow cryptocurrency traders! Dogecoin has been very active recently!
Although Dogecoin has not yet broken through the $0.4602 mark, did you know? Those big guys (whales) are not idle, and are quietly buying and selling a large number of Dogecoins!
I heard that the Dogecoins in their hands have risen by more than $100 million. It seems that the market is still very interested in Dogecoin.
Have you heard about two big transactions recently? One is 131 million Dogecoins, which went from an unknown wallet to Coinbase; the other is 117 million Dogecoins, which went to another unknown place! Once these money move, the market may have a big move.
These large transactions are like thunder before a storm, which makes people feel itchy. Now that Dogecoin is selling for more than $0.4, everyone is watching with wide eyes to see if they can catch some good news.
Moreover, the trading volume of Dogecoin has increased by 77% recently, and the demand is very hot. Maybe there will be another big rise!
An analyst named Javin Marks also predicted that the price of Dogecoin can increase by 400%! If this is true, Dogecoin will have to soar to $2.28! He now thinks that Dogecoin is in its third bull market, which is very similar to the time in 2017 and 2021.
From a technical point of view, Dogecoin is now like a small flag that is about to rise, and the rise is quite obvious. However, it is resting at $0.42 now. If it can pass the two hurdles of $0.45 and $0.5, it may have to go to $0.65.
Now, everyone is watching the support and resistance levels of Dogecoin. 0.4 USD is the current support level. If it holds, Dogecoin can continue to rise; if it fails, it may have to return to 0.35 USD.
Dear investors, we still need to pay more attention to the movement of Dogecoin. Maybe one day, Dogecoin will soar! #XRP市值重回第三 #ETH持续飙升 #下一个换谁涨? Don't be a headless fly and bump around everywhere. If you want to make a lot of money in the bull market, like + leave a message, and take you to plan the entire bull market and seize the opportunity together! $BTC $XRP
$ETH Shocking! Ethereum price plummeted after breaking through 3765. What secrets are hidden in the market?
#Layer1公链普涨 Look at Ethereum, it's like a roller coaster! It's 3 pm, and the current price is 3625. Just now, the K-line of that day was like playing, breaking through the previous high and reaching the high of 3765, and then it fell below the neckline of 3690. This market is even more exciting than the stock market!
Let's review it together. Ethereum is really crazy today. The price is soaring like a rocket, which makes us investors happy. But the good times didn't last long. The main funds saw that the situation was not right. The bulls on Thursday made almost all the money, so they began to retreat. The price fell like a deflated ball, and the lowest price fell to 3555.
I was smart enough not to chase the short position at the neckline last night, but when I saw the situation, I quickly placed an order at 3560. Hey, I really got on the train! This luck is unparalleled!
But then again, this market is not a joke, it is unpredictable! Don't think that you can always make money if you are lucky, that's not necessarily the case! So, we have to set a stop loss, don't always think about the profit, we have to "survive" first, in order to gain a foothold in this market!
In short, the trend of Ethereum is really exciting! But we also have to be rational, don't be carried away, and stay awake at all times to be able to navigate this market with ease! #ETH持续飙升 #NFT市场回暖 Don't be a headless fly anymore. If you want to make a lot of money in the bull market, like + leave a message, and take you to plan the entire bull market and seize opportunities together! $BTC $XRP
USUAL token price fluctuations have sparked heated discussions. What is the market trend?
#微软比特币投资投票案 This question asks whether $USUAL (I assume this is a code name for a cryptocurrency or some kind of token) can reach a value of $1. Here is my answer to this question in more understandable language:
Friends, let's talk about this big question - can USUAL rise to $1?
First of all, we have to understand that the prices of things in the market will change, not fixed. Just like the token USUAL, its price also changes with the number of buyers and sellers, not stable.
Then, although some people think USUAL has potential, it is actually a guess to say that it can rise to $1 now, and no one can guarantee it.
So, we still have to be rational, don't just listen to what others say about big rises and falls, you have to do research and look at the data.
Speaking of data, I found that this USUAL has been fluctuating between $0.26 and $0.35 in recent times. Experienced traders may think that there are some opportunities in this range, and it may break through someday.
However, we buy USUAL not only to wait for it to rise in price and make money, but also because if you hold it, your voice in this ecosystem will be more important and you can participate in decision-making.
Finally, I see that the price of $USUAL has risen by 6.99% recently. Many people have begun to notice it and think it has potential. However, we still have to stay calm and don't follow the trend. It is most important to make our own judgment.
Therefore, no one can say whether USUAL can rise to $1. We still have to look at the market situation and how to judge it. Investment is risky, and you need to be cautious when entering the market! #ETH持续飙升 #微策略持续增持BTC
Don't be a headless fly anymore. If you want to make a lot of money in the bull market, like + leave a message, and we will take you to plan the entire bull market and seize opportunities together! $BTC $XRP
#下一个换谁涨? Dear ACT friends, have you ever thought about whether ACT will have another big explosion this week, or continue to rush up after the pullback? Let's take a look at its trend and last week's analysis!
ACT is very popular this week. As soon as it went online on Binance, it soared by more than 110%, and the trading volume also soared by 350%, which is really enviable!
Look, even the 50-day and 200-day simple moving averages were broken by it, and the bullish trend is very strong! However, now the relative strength index is 89, which means it is a bit overbought, so everyone should be careful.
In terms of technical indicators, MACD also shows bullishness, and the moving average convergence and divergence has broken through the signal line. If this buying momentum can continue, ACT may be able to set a new high. Optimistic investors are all eyeing the target of 1 yuan!
Market sentiment is also very good, and the fear and greed index is 77, which is simply "extreme greed"! Some people predict that if the cryptocurrency market continues to be strong, the average price of ACT may reach $2.19 by 2025. However, if the market situation is not good, the price may also fall to 30 cents.
Are you all itching to enter the market now? Don't worry, I personally think it's not the time yet. We have to wait for the second confirmation of the 4-hour line before looking for an opportunity to enter the market. So, don't worry, wait patiently!
#XRP市值重回第三 #NFT市场回暖 Don't be a headless fly anymore. If you want to make a lot of money in the bull market, like + leave a message, and take you to layout the entire bull market and seize the opportunity together! $BTC $XRP
#下一个换谁涨? XRP, a long-standing cryptocurrency, was once very popular. Justin Sun was once the chief representative of Greater China and regularly harvested the market.
Born in 2012 on the XRP ledger blockchain, it is designed for fast payment transactions, and settlement takes only 3-5 minutes. It was once a pioneer in the electronic cash system.
It is supported by Japan's SBI, the UK's B2C2, the Thai royal family, Australian remittance companies and Tranglo, and is widely used in cross-border payments and interbank transactions.
In 2017, its market value exceeded Bitcoin and topped the cryptocurrency list. Later, it was sluggish due to the SEC investigation, but it still ranks among the top ten in market value and has a place in the banking system.
Reasons for this round of surge: North American policy direction has changed, Trump team and SEC members support cryptocurrencies, and value the advantages of US dollar stablecoins and global payments;
XRP's status in the global banking industry and foreign trade settlement has been improved, and RWA hardware business is connected with banks, which is unique;
SEC has approved Bitcoin and Ethereum spot ETFs, and the application of Sol and XRP as stablecoins is also promising; old money has poured into the crypto market, looking for targets with depth and potential, and XRP is favored.
In short, XRP has strong compliance and 2B business strength, and this round of surge is unstoppable. The market value has exceeded 140 billion. Although it is difficult to ascend to the throne, it is expected to surpass Ethereum.
#XRP市值重回第三 #微策略持续增持BTC Don't be a headless fly and bump around everywhere. If you want to make a lot of money in the bull market, like + leave a message, and take you to layout the entire bull market and seize the opportunity together! $BTC $ETH
XRP's Incredible Market Surge! Short Sellers Suffer a 'Bloodbath', Retail and Institutions Wail
$XRP If you went to sleep last night without checking the market, you truly dodged a bullet and avoided a 'wallet hemorrhage'! Those who thought XRP was going to drop and ended up heavily shorting it are probably crying so hard now that they can barely type on their keyboards.
Last night, XRP was like a 'bomb box'; no one knew if it would be a surprise or a shock until it was opened. It skyrocketed from $1.88 to $2.49, an increase of nearly 30%! Those who shorted must have woken up to find their money not just halved, but completely wiped out, and now owe money to the exchange—what a disaster!
You might wonder how tragic the situation is for these short sellers. Let me do the math for you. Suppose someone thinks they are very savvy and uses 10x leverage to short; what happens? They shorted at $1.88, and the price soared to $2.49, shooting up by 32.5%. With 10x leverage, their losses snowball, and they end up owing the exchange over $20,000! This doesn't even include transaction fees!
It's not just retail investors; institutions didn't escape either. Although they made $158 million initially, they pulled out $26 million within 8 hours, clearly not expecting such a strong rebound from XRP! Retail investors suffered even more, likely posting heartfelt laments in their social circles.
So why did shorting turn out so badly? It boils down to three major mistakes: First, they overestimated their judgment, thinking the market would move according to their expectations; Second, they overly relied on leverage, ending up losing everything, even their underwear; Third, they ignored positive news, leading to a price jump as soon as good news emerged.
Therefore, short sellers need to remember this lesson: Don’t gamble on price movements lightly; the market is unpredictable; Control your risks and don’t think about getting rich overnight with leverage; Pay attention to market news, especially for assets like XRP that have 'positive momentum'; always think twice before acting.
Last night's 'XRP Short Seller Disaster' taught all investors a lesson: Don't go against the trend! When the market goes crazy, you have no idea how crazy it can get. So, we need to be cautious and not let our wallets suffer! #Layer1公链普涨 #XRP市值重回第三 $BTC $ETH
Surprise! Musk's mysterious endorsement may disrupt the global payment system with Dogecoin!
#狗狗的未来 Elon Musk's favorite cryptocurrencies are three, let's talk about which three they are! 😉
The first one is Dogecoin (DOGE) 🐕, which is Musk's favorite. He not only likes it himself but also uses it for Tesla's merchandise. Maybe in the future, you can even buy cars with Dogecoin!
The second one is Bitcoin (BTC) 💰, Tesla holds quite a bit, about $778 million, making it a big whale in the Bitcoin world!
The third one is Ethereum (ETH) 💻, Musk has also publicly stated that he holds it. Once he mentioned it, the price immediately surged by 12%, really impressive! However, we don’t know exactly how much he holds. 🤔
Now let's talk about the airdrop event of DIN and Binance Web3 wallet. DIN is like a new ID card, but it is not issued by the government or big companies; it is decentralized, making it safer and more private.
With it, participating in Binance's airdrop events becomes more convenient, without having to submit a bunch of personal information, and no worries about being scammed.
Moreover, DIN can protect our privacy and give us greater control over our information. This way, we can be freer and safer in the Web3 world.
Finally, DIN has also helped Binance attract more users, whether they are newbies or veterans, everyone finds this wallet more convenient and secure. As a result, Binance's community is growing stronger! 🎉 I hope everyone can understand! #微策略持续增持BTC #Layer1公链普涨
Stop being a headless fly bumping around everywhere. If you want to make big money in a bull market, like and leave a comment, and I'll take you through the entire bull market to seize the opportunity together! $BTC $ETH $DOGE
$DOGE Dogecoin "Destiny Code": Why December 5th Becomes a Key Day for Price Change? Alarm!
#AI与GameFi市场表现 Dogecoin (DOGE) has been popular recently, with prices soaring by more than 330% in six weeks, but then it has been fluctuating in a range and stabilized.
At the beginning, this craze was because everyone bet that Donald Trump would win the US presidential election, which was called the "Trump Trade".
After Trump was elected, the popularity of Dogecoin continued to rise because of a department called "Government Efficiency Department". This is actually wrong. The original text may be trying to express a fictitious or exaggerated concept, because there is no department called DOGE in reality. The department was led by Elon Musk, a die-hard fan of Dogecoin.
Everyone is staring at December 5th, thinking that Dogecoin may have a big move. Why? Because Musk and a man named Vivek Ramaswamy will go to Washington, DC on that day to talk to congressmen about their proposal. This proposal is supported by the Ministry of Government Efficiency, which may have a great impact on the price of Dogecoin.
Speaking of which, once this "Ministry of Government Efficiency" (actually still a misunderstanding) is associated with Musk, Trump and others, the price of Dogecoin has soared. At the beginning, Musk said that he would support Dogecoin, and the price rose by 15%. Later, they held activities and sent messages, and the price rose by another 120%. In addition, everyone talked about Dogecoin on social media and donated money to related political activities, and the price rose by another 10%.
December 5th is really critical. It is said that Musk and Ramaswamy will discuss how to reform with the bigwigs in Congress, such as cutting government spending and closing some departments. Whether these ideas can be realized depends on whether Congress agrees.
This has a great impact on the price of Dogecoin. The government has taken action and Musk is so supportive, and the status of Dogecoin in everyone's mind has been improved. Now everyone is waiting for the result on December 5th, and trading volume and speculation will definitely increase.
Simply put, Dogecoin has recently seen a sharp rise in price due to the relationship between Trump and Musk. Now everyone is waiting to see whether Musk's proposal will be passed on December 5th, which may affect the future price trend of Dogecoin.
$BTC Bitcoin's "heartbeat game" is restarted, will it soar to the sky or fall into the abyss?
#ETH持续飙升 Bitcoin friends, Bitcoin is playing range fluctuations again, as exciting as a roller coaster, right? Don't worry, let's talk about the next trend.
There are reasons for Bitcoin price fluctuations, not out of thin air. We should be like smart hunters, see the trend clearly, find a good time to enter the market, and profit will come naturally.
Don't just look at technical indicators and don't do trend analysis, this is a taboo! When the trend and technical indicators sing against each other, the technical indicators fail, and one mistake is enough to lose all your money!
After Bitcoin fell to 90,000, it began to fluctuate in a small range, like the dealer testing the bottom line. According to the trend, Bitcoin may try the 100,000 mark again, but for me, this is a good opportunity to short at highs.
Bitcoin prices are artificially high, hype is overheated, and a big drop is needed to squeeze out the bubble. Just like mainland housing prices, the government would have collapsed long ago. No one cares about the currency circle, and it will return to a reasonable price sooner or later.
In this bull market, let's wait for a big drop and find a good time to enter the market. This is trend trading and the wisdom of long-term layout. Seize these two opportunities, and your assets will double by 3-5 times, easily surpassing 90% of people!
It is recommended to short above 99,000, with targets of 93,000, 90,000, and 87,000. Wait patiently for time to give us the answer! When trading, you must feel the pulse of the market and seize the fleeting opportunities!
#山寨币走势展望 #NFT市场回暖 Don't be a headless fly anymore. If you want to make a lot of money in the bull market, like + leave a message, and take you to layout the entire bull market and seize opportunities together! $ETH $DOGE
#NFT市场回暖 Surprise! The perpetual contract funding rate has hidden secrets, long-term holders must read!
#ETH持续飙升 If you buy a perpetual contract and never sell it, will there be any fees?
The answer is: Maybe, it depends mainly on the funding rate.
There is something called the funding rate in the perpetual contract, which is usually displayed in the upper right corner of the order book.
The default rate is positive 0.01%, but it is not fixed. It will be adjusted at any time according to the ratio of long and short sellers in the market.
The funding rate is calculated three times a day, at 0:00 am, 8:00 am and 16:00 pm.
Only if you still hold a position at these three time points will it be settled.
If the funding rate is positive, then if you buy (long order), you have to pay out; if you sell (short order), you can receive the money.
On the other hand, if the funding rate is negative, you have to pay if you have sold (short orders), and you can receive money if you have bought (long orders).
This funding fee is actually given by those who buy long and sell short in the market. How to calculate it? It's very simple, just look at how much your position is worth, and then multiply it by the funding rate.
So, if you want to hold a perpetual contract for a long time, this funding fee may become a considerable expense. It's like you have something in your hand and you have to pay a little custody fee every day. #交易手续费 #山寨币走势展望
Don't be a headless fly anymore. If you want to make a lot of money in the bull market, like + leave a message, and take you to plan the entire bull market and seize opportunities together! $BTC $ETH $DOGE
#doge⚡ Dogecoin's rise or fall this week is truly a headache!
#NFT市场回暖 Look, the price of Dogecoin is like a roller coaster, sometimes at $0.42, then it bounces up to $0.44. At $0.42, it can hold steady, but once it hits $0.44, it feels like hitting an invisible wall, it just can't break through.
Right now, everyone in the market, and those experts looking at technical indicators, are all keeping an eye on Dogecoin. For them, this week is a crucial moment that could determine Dogecoin's fate.
The price of Dogecoin seems to be dancing between these two numbers, with $0.42 as the bottom line, bouncing back when touched, but $0.44 feels like an insurmountable threshold. Everyone in the market is uncertain, and traders are torn, not knowing whether to hope for a rise or wait for a fall.
Let's also look at the professional tools, like the Relative Strength Index (RSI) on TradingView; it can't make up its mind either, neither indicating to buy nor sell. This neutral stance indicates that Dogecoin could go in either direction, depending on the momentum in the short term.
Moreover, the short-term moving averages are all clustered around $0.43, as if they are in a dilemma. This point is crucial for traders waiting to see a breakthrough or a collapse.
Trading volume is also fluctuating; when the price rises, volume goes up, and when the price adjusts, interest wanes. If no one continues to buy, it will be tough for Dogecoin to rise. But the sellers aren't gaining much either. Thus, how Dogecoin performs this week may still depend on the overall cryptocurrency market.
If the bottom line of $0.42 can't hold, Dogecoin might slide all the way down below $0.40. But if it can break past the $0.44 threshold, it could be remarkable, potentially rising to $0.46 or even higher, especially if many people rush to buy, then the price is more likely to surge. #山寨季來了? Stop being a headless fly bumping around everywhere; if you want to make big money in a bull market, like + leave a comment, and I will help you layout the entire bull market and seize the opportunity together! $BTC $DOGE $XRP
Shocking! A billionaire in the cryptocurrency world actually started with these mantras, and now he teaches them to each of you!
#NFT市场回暖 When it comes to trading cryptocurrencies, there's a billionaire winner who shared his secret techniques, and we should really ponder over them, save them, and learn slowly!
When trading cryptocurrencies, you need to focus on those powerful coins. When you're uncertain, check the 60-day moving average; if the line is above, we follow or increase our position, if it's below, we withdraw quickly. This trick often works well.
When you encounter a situation where a coin suddenly rises over 50%, don't rush, don't follow the crowd, as that can lead to panic. It's safer to buy at a low position with less risk, and you may earn even more.
Before a big rise, there are usually some small signs, with prices fluctuating a bit, around 10% to 20%, and trading volume decreasing. At this time, we should slowly buy at a low position; who knows, we might catch the wave of a big rise.
Whenever there's a new hot topic in the market, the first few days will definitely be explosive, so grab this opportunity and follow the big funds; that's how money is easily made.
When a bear market comes, you need to hold tight, at least don't touch anything for half a year. If the market is bad, don't fidget too much; knowing when to rest is what makes you a true expert.
Every week, we need to look back, not to see if we're making money, but to check if the strategy is correct.
If it's right, continue, if it's wrong, adjust; after a few months, your trading skills will stabilize.
For new friends, these trading mantras must be remembered:
Buy sideways, buy dips, do not buy peaks; sell at the most bustling times.
Steady small rises are true rises, if there's a large surge, withdraw quickly.
After a big increase, expect a pullback; do not dig pits, do not buy.
If it rises sharply, expect a peak; sell quickly during a sharp drop, and take it slow during a gradual rise.
Don't be afraid of sharp drops with low volume; run quickly during gradual drops with increased volume.
If the price breaks through important lines, don't hesitate, make your move.
Always look at daily and monthly lines, follow the main force to build positions.
If the price rises without volume, the main force might be deceiving you, don’t fall for it.
A new low with low volume could be the bottom; if volume increases and rises, then enter.
In the cryptocurrency world, the simpler things are often the most effective; these mantras are the crystallization of wisdom. Once learned and remembered, applying them in practice will surely help you avoid many detours! #山寨币走势展望 #AI与GameFi市场表现 $BTC $ETH $DOGE
#ETH持续飙升 First, let's talk about the monthly chart. Ethereum has formed a large bullish candle on the monthly chart, which looks quite powerful. From the monthly perspective, it has risen from around 2300 to about 3700 over the course of 4 months; the overall trend is upward, and the bullish momentum is strong.
However, there is a problem: the price has risen too quickly, deviating from its original foundational position, like a string being pulled too tight, which needs to be loosened.
So, I guess that this month, specifically December, Ethereum's price might fluctuate quite significantly, like a pin being inserted, going up suddenly and then coming down; it’s unlikely to rise sharply and then stay steady.
Looking at the weekly chart, it also formed a pretty nice bullish candle, but that doesn't mean it's at the top. I think this week Ethereum might push for a higher point, and it could face some resistance around 3900 to 4100, after which it might pull back, similar to a pin being inserted, going up and then down.
On the daily chart, it has been pretty average these past few days, moving upwards with some fluctuations, but I don’t see any signs of reaching a peak.
Overall, Ethereum still leans towards the bullish side, but we need to be cautious about a scenario this month or this week where there’s a sudden large increase followed by a large decrease in price.
I think it might rise first and then fall, with the peak likely around 3900 to 4100, and the bottom possibly around 3350 to 3450, with 3100 also being a level to watch.
$BTC Today, let's talk about the market for Bitcoin (大饼)
#比特币打破感恩节魔咒 The big bulls (large capital investors) are now like driving back to pick someone up, which is an important signal. This might be your last chance to get out easily (sell) and avoid the peak (top).
The price of Bitcoin has risen again today, reaching 97300, but the trading volume has not kept up. This is the market telling us that the good times may not last long, and there could be a major correction (price drop) coming up.
Although it seems that the bull market is still ongoing, it's true that shorting (predicting a price drop and selling) can earn some money, and the profits are considerable. The overall trend is still upward, but it’s important to be cautious when buying in at this time (bullish).
We should look for more opportunities to short (predict price drops and act) and not rush into buying at high prices.
In simple terms, it means: Bitcoin is rising a bit unsustainably, and it feels like a correction is imminent. If you have some, quickly find an opportunity to sell; don't wait until it drops and then regret it. Although the bull market is still present, we need to be cautious and look for opportunities for a decline. #市场回暖新机遇 #BSC生态活力释放 $XRP $DOGE
SHIB Rumors Speculation 99%, Why Is There No Soaring Increase?
$DOGE Recently, there has been a continuous stream of good news about Shiba Inu Coin (SHIB), attracting many retail and institutional investors to buy in. In particular, there is a big news saying that 99% of SHIB tokens may be burned (i.e., destroyed), which has made the market very excited. Now, the market capitalization of SHIB has reached $15 billion, and its token burning rate is very fast, with a large number of tokens destroyed in just a few days.
However, a researcher named Yayoi Kusama reminds us that while it is technically possible to destroy so many tokens, it is not a cure-all. SHIB's ecosystem projects are also very important, such as DeFi and others. If too many tokens are burned at once, it may cause SHIB's price to rise too high, which could scare away potential buyers and be detrimental to SHIB's development.
Currently, SHIB's price is still rising, and experts are optimistic. Technical analysis indicates that as long as SHIB can break through a certain point, the price may continue to rise. However, to reach as high as $1, SHIB's community must find a balance between burning tokens and improving ecosystem projects; this requires the joint efforts of the entire community and a deep understanding of the market and investor psychology.
In conclusion, I believe that the value of a coin still depends on the strength of its ecosystem, whether it is continuously upgrading and developing, and whether it is widely used by many people. The volume of voices in the market, whether more or less, is not actually the key to determining the coin's price.
I personally have a very positive outlook on Shiba Inu Coin and have been buying in at low prices to hold long-term. I believe it will perform well in the future. #市场回暖新机遇 #山寨币走势展望 #比特币打破感恩节魔咒 $BTC $XRP
#狗狗币持续看涨看好飞上月球🚀🚀🚀🚀🚀🚀🚀 #市场回暖新机遇 This time it's really on fire, to what extent? Some say its market value might rise to 280 trillion dollars, it’s simply hard to believe! 😱
At first, Dogecoin was just a joke, but now it has become a big player in the cryptocurrency world. Especially with big names like Elon Musk supporting it, along with the media reporting on it every day, Dogecoin is getting hotter and hotter.
Why do people say Dogecoin can rise this high? There are several reasons. Firstly, with Musk supporting it, Dogecoin appears particularly legitimate, and everyone has started paying attention.
Secondly, more and more people are using Dogecoin for payments, and companies are willing to accept it, which makes it more valuable. Lastly, Dogecoin is the representative of meme coins, everyone likes it, so it naturally can become popular.
If you have Dogecoin in your hands, you should be careful, this might be a great opportunity for you to make money. Whether you plan to trade in the short term or hold it long term, Dogecoin's price could soar in the coming months.
Of course, no one can be sure how high Dogecoin can really go. But looking at its current momentum, if the market continues to be optimistic and there is support from big institutions, it really might create miracles!
In short, Dogecoin is really on fire this time, friends who want to make money should seize the opportunity!
In the crypto circle, if you don't have a good network, and you don't have first-hand news in the crypto world, then I suggest you follow me. Brother Pao is waiting for you in the circle to help you cash in easily, welcome to join the team!!! #比特币盘整分析 #币安HODLerTHE #美PCE年率创半年来最大增幅 $BTC $ETH
#比特币盘整分析 Dogecoin, this thing has really become impressive! Do you know why Musk suddenly stopped promoting it heavily?
Let me analyze Dogecoin (DOGE) for you from start to finish, and I guarantee that after you read this, you'll understand why it should be held.
What is Dogecoin? Simply put, it's a cryptocurrency based on blockchain technology, created by two guys in 2013.
At first, it was like a funny alternative to Bitcoin, but unexpectedly, it has become a big player in the top ten by market value! Dogecoin uses a proof-of-work consensus mechanism and relies on mining to validate transactions.
Let's talk about its technical background. Dogecoin mining uses the Scrypt algorithm, which is different from Bitcoin's SHA-256 algorithm. This means you can mine it alongside other cryptocurrencies that use the same algorithm. Moreover, Dogecoin's transaction fees are super low, making it particularly suitable for small transactions, which is very convenient in the real world.
Why is Dogecoin so popular? One reason is that it has a super active fan base called the "Dogecoin Army," which often makes a stir on social media, driving the price up. The second reason is the big shot Musk; whenever he tweets, Dogecoin's price shoots up, and his influence is undeniable!
Dogecoin has experienced rollercoaster-like fluctuations. From just a few cents at the beginning, it surged to a high of over 70 cents in 2021, and now it has returned to around 40 cents. However, based on the current market situation and trends, this price is quite attractive for potential investors.
However, Dogecoin also has its risks. Because it has no issuance limit, it may face the risk of inflation. Its current usability is also limited, falling short compared to cryptocurrencies that can handle smart contracts or decentralized applications.
The speculative nature of Dogecoin is very high. Its price is entirely driven by market sentiment and social media hype, rather than actual use cases or technological advancements.
In the crypto circle, if you don't have a good network or insider information, I suggest you follow me. Brother Pao is waiting for you in the circle, ready to help you profit without investment, and welcome you to join the team!!!💵🔥 #币安HODLerTHE #市场波动,加仓还是观望? $BTC $DOGE