Don't be afraid to start over at any time. Every seemingly low starting point is the only way to the peak. Don't complain about those things that are not satisfactory. Ask yourself, have you worked hard enough?
It is estimated that many people are sleepless right now
Everyone is waiting for the interest rate cut meeting results
Of course, Mu Bai is also waiting
On the hourly chart, after three consecutive bearish candles followed by a bullish one, it continuously fails to break the support at 103000. If the result of the interest rate cut is announced and it still cannot break through, then it will definitely rise, even if it breaks the support, Mu Bai still believes it can bottom out at 102000 and wait for subsequent increases! #加密市场盘整 #USUAL现货上线币安 #BTC☀ $BTC
Lunchtime Thought students successfully won the big cake: 1249 points, Ethereum: 58 points, and harvested 5.5W oil
Sometimes we may face many difficulties, but as long as we can persist, I think nothing can defeat us. Mu Bai often tells students that in this market, we must learn to adapt and persist. Sometimes the direction is right, you just need to persist, and you may reap unimaginable profits! #币安Alpha项目公布 #USUAL现货上线币安 #BTC再创新高 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
2024 Bitcoin Development Report: Global Regulation Clarification, DeFi and Scalability as Dual Drivers
When historians look back at 2024, they may regard it as a significant year for Bitcoin's move towards mainstream acceptance. This year, Bitcoin reached an all-time high, became a hot topic in the U.S. presidential election, 11 Bitcoin ETFs were approved for listing, and the halving event occurred.
This year, Bitcoin showcased its unique charm in multiple facets. In countries struggling with economic difficulties (such as Argentina and Turkey), it was seen as a safe haven against high inflation; in the eyes of Wall Street elites, it became an investment tool recognized by financial giants like BlackRock; for crypto-punks and developers, it was a whole new canvas for innovation; and in the view of governments around the world, it transformed from a threat that needed to be controlled into an opportunity that could be leveraged.
Bitcoin's technology is also continuously evolving. Once centered around the idea of 'simplicity', BlackRock's iShares Bitcoin Trust (IBIT) set a record, achieving $10 billion in assets under management in just a few weeks, with Bitcoin gradually entering retirement portfolios. This phenomenon excited Wall Street but also worried Bitcoin purists. The popularity of ETFs made Bitcoin more accessible than ever—now, 62% of Americans can easily buy Bitcoin through brokerage accounts, just like purchasing Apple stock. However, this convenience also brings issues. The spirit of Bitcoin, 'Not your keys, not your coins', is increasingly overshadowed by the clamor of institutional trading.
However, Bitcoin always finds vitality amidst contradictions. In the U.S., Trump's crypto-friendly policies legitimized Bitcoin as an institutional asset; in India, despite regulatory pressures, 75 million users have adopted Bitcoin as a tool for financial empowerment; in Turkey, with a 50% inflation rate, Bitcoin became a savings choice for millions; while in Argentina, as the currency rapidly depreciated due to 140% inflation, citizens had no time to hesitate over custody methods and instead used Bitcoin to protect their savings. In Latin America and Africa, Bitcoin is not an investment tool but a means of survival.
12.18 Lunch Thoughts The Fed rate cut is about to land at 3 am on Thursday with a high probability of 25 basis points. Before the good news is about to land, the market has a pullback, which may be a performance of accumulating momentum to rise, and the market still has a need to break the high after the rate cut is landed. This shows that the market has responded to the expectation of the Fed's rate cut, and investors may be making arrangements in advance, waiting for further upward momentum after the rate cut is landed. After the daily line closed with a cross star K, the white market continued to pull back, but did not fall below the key support. This shows that although there is a pullback pressure, the key support level is still in effect, and the market is in a more delicate state of balance. After hitting a new high yesterday, the price of the currency fell back to the middle track to stop falling, which shows that the middle track has a certain supporting role. And in this process, the strength remains unchanged, which means that the overall upward trend is still continuing. In the short term, the middle track can be used as support for layout operations. A wave of upward movement at midnight failed to stand firm near 107,500 for a long time, and then fell back, which reflects that the selling pressure above is strong and the bearish sentiment needs to be released. The waterfall-like decline in the morning was also expected. However, from the four-hour level, the price of the currency rebounded to a certain extent near the middle track of the Bollinger Band. We can observe the support strength of this line in the future, and we can go long when we go back!
It is recommended to go long at 104200 - 104600 for Bitcoin, with a target of 106800
It is recommended to go long at 3800 - 3830 for Ethereum, with a target of 4000
From the overall market perspective, the hourly chart shows a repeated pattern of reaching new highs and then retreating, indicating further expansion of bullish momentum. Overall, we are still in a strong bullish market, and after the consolidation, there is still hope for building momentum to challenge high points again.
Looking at the 15-minute chart, the bears appear strong, but they have not managed to break below the support level. The Bollinger Bands are beginning to contract upwards, the KDJ lines are turning upwards, and the bullish energy bars are consistently expanding. In the short term, the bulls remain relatively strong, and our strategy is still primarily to buy on dips, with selling at high positions as a secondary strategy!
For Bitcoin, buy near 106000-106300, with a target of 107600; if broken, look at 108200.
For Ethereum, buy near 3900-3920, with a target of 4000; if broken, look at 4040.
Today, I have three positions in the market, with one still held.
Total earnings from Bitcoin: 1557 points Total earnings from Ethereum: 106 points
In this market, for every loss, there is a gain. When you are still losing, have you considered making a change? Everyone's choices are different; we cannot change others, but we can change ourselves. Therefore, sometimes direction and trend are very important. When you have someone to guide you, you will be able to avoid risks in this market and find your own profit!
Mu Bai's afternoon short position once again captured a profit of 977 points on Bitcoin and 56 points on Ethereum, yielding over 60,000 in profit. Sometimes the market changes in ways you can't even imagine, so as Mu Bai has mentioned to you before, sometimes persistence is a benefit, just wait patiently!
Mu Bai placed three orders yesterday, with one loss!
Total profit from Bitcoin: 1178 points
Total profit from Ethereum: 192 points
Overall, there were both gains and losses yesterday; if we make a mistake, we admit it. Mu Bai never plays false; a mistake is a mistake. As long as we can seize the opportunity, we will definitely be able to recover what we lost. It's okay if the direction is wrong, but we must have confidence!
After a strong rise in Bitcoin during the early morning, it has once again pulled back. After a slow upward oscillation in the morning, it is currently at the position of 107000. The evening white also successfully positioned a long order in the morning.
It is recommended to short Bitcoin at 107200, targeting around 105500.
Short Ethereum around 4010, looking down to around 3920.
Morning thoughts: Students successfully captured Bitcoin: 560 points, Ethereum 50 points, earning over 35,000 in oil.
The early bird catches the worm, so sometimes it's not that you aren't working hard enough, but that someone else is working harder than you. In such market conditions, if you can't seize the opportunity in time, profits will become very limited. Therefore, sometimes having a good person to guide you can yield twice the result with half the effort!
The 'Trump Trade' is back! Tesla and Bitcoin hit new all-time highs
Last night, the three major U.S. stock indices closed mixed, with the Nasdaq up 1.24%, the S&P 500 up 0.38%, and the Dow down 0.25%.
As the time for Trump's inauguration approaches, the 'Trump Trade' has returned.
Last night, Tesla topped the U.S. stock trading volume, closing up 6.14% and reaching a new all-time high.
According to reports, Trump's transition team plans to eliminate the consumer tax credit for electric vehicle purchases, impose import taxes on all battery materials globally, and withdraw Biden's support for electric vehicles and charging infrastructure. Musk stated that the removal of subsidies would impact competitors more than Tesla, as he believes Tesla has already established a dominant position in the market. Additionally, Tesla has recently raised prices on some models.
As a representative of the 'Trump Trade', the cryptocurrency market has also surged significantly.
Bitcoin broke through the $107,700 mark during trading, with the latest price at $105,584 per coin.
Amid wide fluctuations, investors shorting Bitcoin and going long at high positions have suffered heavy losses. In the past 24 hours, over 110,000 people have been liquidated, with liquidation amounts exceeding $400 million.
Additionally, last night, Apple, Google, and Amazon all reached new highs.
Most popular Chinese concept stocks fell. iQIYI dropped about 8%, Manbang, Tencent Music, and BOSS Zhipin fell over 5%, and Bilibili dropped over 3%.
This week, the world is focused on the Federal Reserve's interest rate decision. According to CME's 'FedWatch': the probability of the Federal Reserve maintaining the current interest rates in December is 4.6%, and the cumulative probability of a 25 basis point rate cut is 95.4%. #BTC再创新高 #币安HODLer空投CAT、PENGU #VANA开盘 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
Observing the four-hour chart, the Bollinger Bands show a significant upward opening, with the lower band support continuing to rise, and the upward space has been fully opened. Currently, the upward pressure is relatively low, with no signs of a peak being formed in the short term.
Looking at the one-hour chart, every two consecutive bearish candles are followed by bullish ones. Although there are pullbacks, the trend remains upward, and the bulls are still strong, so our thinking is still primarily focused on buying on dips!
For Bitcoin, buy on dips around 104800-105200, aiming for around 107000.
Speaking more is of no use; it doesn't matter how much is said. Although there are losses at the current price, seizing this wave of Ethereum means that as long as you have the right direction, the returns will exceed your expectations! #BTC再创新高 #币安HODLer空投CAT、PENGU #VANA开盘 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
The current price is to stop loss, waiting for the subsequent market to enter again. No one can win every battle. The late white can only prevent you from holding positions. Never go against the market, otherwise you will eventually become cannon fodder! #币安HODLer空投CAT、PENGU #VANA开盘 #圣诞行情预测 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
I wonder if any friends are still holding onto the current price order at noon. Sometimes, all we need to do is stick to our own ideas, find a reliable person, and give ourselves a direction, then we won’t have to worry about not reaping rewards! #VANA开盘 #ETH再度冲击4K #加密市场狂欢 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
The current price order given in the afternoon has successfully reached the desired point. The student successfully took the big pie: 1178 points, Ethereum took: 53 points, earning 50,000 oil. Sometimes just holding on a little longer will bring profits to you. Understand the trend, grasp the direction, and then just hold on to the end!