CZ tweeted about how important long-term investment is. He mentioned that around this time last year, Bitcoin was selling for $54,000, Ethereum for $3,178, BNB for $401, and SOL was only $109. Look at it now, all of these have risen, and several have even broken historical records. In the short term, the price fluctuations can be quite alarming. But if we take a longer perspective, there are plenty of opportunities. CZ is reminding everyone not to be disturbed by the price volatility of the past few days, but to look at the bigger picture and find those opportunities that can make money in the long run.
The market is accelerating its decline, is BTC really heading for 70,000?
The leading altcoin is struggling to hold the situation
Compared to BTC, which is increasingly resembling the US stock market, retail investors are more worried about the future of ETH and SOL, the two leading altcoins. However, the current situation is indeed not looking good.
ETH has recently faced a disaster. Originally, the ETH Denver conference was supposed to be a great opportunity to boost the morale of the Ethereum community, but the $1.5 billion hack incident at Bybit dealt a severe blow to ETH.
Previously, ETH holders could comfort themselves by saying, "Bybit will repurchase" and "the hacker's sell-off will take years," but now Bybit has already replenished the lost ETH from the over-the-counter and lending markets, and potential buyers have vanished; the hacker's money laundering speed is also astonishing, having washed away over 20% of the funds in just a few days.
The situation with SOL is even worse. On one hand, affected by bad news such as LIBRA, the profit-making effect of meme tokens has disappeared, and SOL's "golden shovel" halo has dimmed; on the other hand, the large auction unlock of SOL on March 1 scared some holders into retreating and waiting to observe. The days of “all coins rising” are hard to come by again, and the market is undergoing a "great sifting of sand."
In summary, having reached this point in the market, the previously anticipated "altcoin carnival" is likely to cool off, and this round of the bull market is increasingly resembling BTC dancing alone.
Speaking of the future of altcoins, I mostly agree with Evgeny Gaevoy, the head of Wintermute, at the Hong Kong Consensus conference—there will be no more comprehensive bull markets, and investors need to focus on protocols that truly have practical value and sustainable economic models.
The entire cryptocurrency market now resembles a process of "discarding the false and keeping the true," and only after sifting out the "sand" will the real "gold" shine.
Without further ado, let’s focus on doing our part and ensure stable profits every day! Stay tuned for the announcement of the contract password; spot research is underway! #热门话题 #BTC走势分析 #加密市场回调 #以太坊回滚争议
Maintain stable profits every day! Keep winning streak!
In the morning, Kaito Duodan took double the profit and left. Now Dabing Erbing Kongdan is still profitable. In the big market, bricks are full of money!
The US has cut off 500 million USD from trading locks, but the hardest hit are still retail investors
When the market is prosperous, the people suffer, when the market is dead, the people suffer!
This is why there are bull and bear markets, it is obvious that the people are cut off in turn!
The detective suggested to fans to sell the spot a long time ago, and to take some stop loss and eat some contract bands to recover the blood #Infini遭攻击 #以太坊回滚争议 #币安上线KAITO
华尔街侦探
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$KAITO
Be bold and do it! Steady profit
Do you know what the gold content is that has never been exceeded since the beginning of the year?
The market is not obvious now, so we will do some small things. When the market stabilizes, we will take you to do big things!
Ethereum price rebound is blocked, will it fall to $2,000 in March?
Ethereum prices have fallen more than 5% recently, and this drop is closely related to the hacker attack on the Bybit exchange. But will the price continue to fall? We have to see what happens next.
Originally, Ethereum (ETH) almost broke through the $4,000 mark last month, but now it is facing a major support test due to continuous selling. Market data shows that funds are no longer flowing in as before, and the price of Ethereum has fallen for three consecutive months.
Looking at the current price, according to data, the price of ETH is $2,653.65, which is a 5.23% drop in 24 hours. It fell from a high of $2,850.61 to a low of $2,625.44 before stabilizing at this position.
To be honest, the situation of Ethereum is not good. In the past week alone, the price has fallen by 3.11%. The Bybit hacker attack has wiped out all the gains of Ethereum in the past month. So far this year, Ethereum has fallen by 20.77%.
If the price of Ethereum falls below the $2,600 support, the situation will not be optimistic. #热门话题 #ETH走势分析 #以太坊回滚争议 #钱包安全
The Kongdan that entered at 171 is currently making a profit of more than seven points, and is making a steady profit!
Last week, more than 1.5 billion US dollars of ETH was stolen, and this week 2 billion US dollars of SO was unlocked. I just want to ask you if it is difficult to play the spot currency circle!
But without saying too much, we just need to do our own thing and make a steady profit every day! Attention: The peace agreement password is announced! #sol #Infini遭攻击 #bybit被盗
华尔街侦探
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#sol The price is still going to fall at this point, so shorting at highs is fine (large amounts of unlocking plus FTX compensation)
Pay attention to controlling the position multiples, and don't be pulled up and inserted into a wave of flows
The pressure position near 171 above is likely to be rushed
You can short at the current price, and if it continues to rise, add a long position at the second pressure point 183
Trading must maintain stable profits, and don't be impatient. #热门话题 #FTX赔付 #BNBChainMeme热潮 #加密货币普及
Last weekend, the Litecoin market ushered in a major earthquake, and a big whale launched a crazy purchase driven by ETF (Exchange Traded Fund). It was revealed that the whale hoarded nearly 1 million Litecoins in just two weeks. At the same time, Canary Capital's LTC ETF was successfully listed on the Depository Trust and Clearing Corporation (DTCC), and this series of events made investors excited.
The large-scale purchase of this Litecoin whale undoubtedly injected a shot in the arm to the market. Despite the overall market turmoil, the buying pressure of whales continued to increase, showing a firm confidence in the future rise potential of Litecoin. After all, these whales are large investors with rich trading experience, and their movements are often regarded as market vanes.
At the same time, the listing of Canary Capital's LTC ETF on DTCC has given investors hope. This event further solidified the expectation of ETF approval in the future, and also made investors look forward to exchange-traded products backed by cryptocurrencies. Eric Balchunas, a well-known ETF analyst, even predicted that by 2025, the probability of LTC ETF approval is as high as 90%.
However, despite the support of big whales, the price of LTC fell on Saturday, falling more than 5% to close at $128.13. But it is worth noting that in the past 24 hours, the price of LTC has also experienced considerable fluctuations, rising from a low of $123.93 to a high of $139.86. Although the weekly chart shows a 3% drop, this fluctuation is mainly related to the volatility of the entire cryptocurrency market.
However, the detective is optimistic about LTC and believes that the target price of the token is $143. , LTC has formed a bullish flag in the short-term trend, indicating that there may be a wave of rising prices in the future. The large-scale purchases of Litecoin whales undoubtedly provide strong support for this bullish prediction.
Without saying too much, we just do our own thing and make stable profits every day! Attention: The peace agreement code has been announced, and the spot market is being investigated! #热门话题 #BTC #LTC #bybit被盗
On February 21, hackers stole $1.5 billion from the Bybit cryptocurrency exchange, mainly Ethereum. As soon as this happened, Bitcoin fell directly below $95,000, and Ethereum also plummeted by 5%. It is said that this hacker attack is the largest in history, and the mastermind behind it may be the Lazarus Group.
The head of Bybit quickly came out to say that the platform is safe and withdrawals are normal, so everyone should not panic. The bigwigs in the circle also came to support, saying that Bybit is not the same as FTX. This time the hacker used the "blind signature" technology. Experts remind us that hardware wallets are not absolutely safe, and we must strengthen prevention and user education.
Speaking of this, everyone may worry that Bybit will collapse like FTX this time, and the entire cryptocurrency circle will collapse?
Personally, I think it is unlikely. Why did FTX collapse? It misappropriated users' money for investment, but the market was bad, the money was lost, and it still owed a lot of debt.
Bybit is different this time. The market is bullish now, and Bybit has made a lot of money from its own investment. With the handling fee, it is profitable overall. Moreover, although 1.5 billion US dollars sounds scary, it is still affordable for the 15th largest exchange in the world. Besides, it is not so easy for hackers to spend this money. There are rules in the blockchain industry, and bigwigs and institutions will help to recover it.
What everyone is most concerned about is whether the user funds are safe. They are afraid that retail investors will panic and withdraw their money, and Bybit will not be able to hold on. In fact, there is no need to worry about this. After the FTX incident, Bybit learned its lesson and asked someone to check the accounts every week to ensure that the user's money was not moved and that there was money in its own account for everyone to withdraw.
Therefore, the user's funds are stable. Even if someone panics and withdraws money in the short term, it will not be a mess, because the money is kept separately and there will be no run.
FTX collapsed because it misappropriated the money of users and large institutions for investment and lost money. Is 1.5 billion US dollars a lot? Of course it is a lot. It would be tens of billions in RMB. But compared with Ethereum's current market value of 2.37 trillion, it is nothing.
Looking at the trend of Ethereum, it is now fluctuating, but the bulls are stronger than the bears. When the fluctuation is over, it will go up, and 3,000 US dollars will not be a problem.
Many times, we are upset because what we want exceeds our ability. #热门话题 #山寨季來了?
How big is the hope for the approval of the altcoin ETF? Are the good days of retail investors coming?
Now it seems that the ETF applications of SOL, XRP, and LTC seem to be on the agenda.
Because of the previous legal disputes, SOL and XRP were treated as securities, and the SEC may drag their feet on the review. On the contrary, $LTC has always been low-key and is considered to be just a commodity, so it is more likely to be approved. It is always good to have hope! In this sluggish market, when the more you speculate, the more you lose, no matter which ETF passes first, it can cheer up the market. But this does not mean that all altcoins will rise sharply. The general rise may only be temporary, and then it will be another year of coldness. For projects that are not related to mainstream topics and hot spots, don’t hold too much hope. You must be decisive when it comes to stop-profit and stop-loss, abide by the rules, and don’t hesitate!
Without further ado, we just do our own thing and make stable profits every day! Pay attention to the announcement of the peace agreement password, and the spot research is in progress! #热门话题 #Solana #Xrp🔥🔥 #LTC📈
The Litecoin ETF is about to be approved, will the price of $LTC break the $200 barrier?
Canary's Litecoin ETF has appeared on the DTCC platform, leading everyone to speculate that its approval is imminent. Watching the LTC price closely, hoping it can surge to $200. Thirteen months after the approval of the Bitcoin ETF, LTC's ETF has also accelerated its pace. LTC's Canary exchange-traded fund (ETF) has appeared on the Depository Trust & Clearing Corporation (DTCC) in the United States, exciting everyone. LTC's price has been strong lately, analysts believe that reaching $200 or even higher is not a dream.
Is the LTC ETF's presence on DTCC a sign that it will be approved soon? On Thursday, Canary's Litecoin ETF appeared on the DTCC platform with the stock code LTCC, raising everyone's expectations for its quick approval. Bloomberg's senior ETF analyst Eric Balchunas stated that while this does not represent that it has been approved or is ready to trade, the issuer is indeed preparing for approval.
Last week, Balchunas also mentioned that this year, the approval rate for spot Litecoin ETFs is 90%, higher than that of others like the Solana ETF and XRP ETF.
Nate Geraci, president of the ETF Store, also said that this situation is quite similar to the previous Bitcoin ETF case, and he is confident that the Litecoin ETF will be listed soon, possibly opening up to brokers very soon.
The financial company CoinShares has also officially applied for the Nasdaq Litecoin ETF, which is currently under review by the U.S. Securities and Exchange Commission. If approved, investors will be able to trade Litecoin in a regulated stock market environment without directly holding the cryptocurrency.
Can LTC's price continue to rise? Since the beginning of February, LTC has been one of the best-performing altcoins in the market. From February 2 to February 19, the price of LTC rose by 46%, with its market cap increasing from $7 billion to over $10.2 billion.
Currently, Litecoin is hovering around the critical position of $130. Market observers say that the LTC price is currently trading in an ascending wedge pattern. Traders need to keep an eye on the upper trendline, which is a key resistance level. If it breaks through, it could indicate a rise, and it might really surge to $200.
Without further ado, let's focus on our own actions, achieving stable profits every day! Stay tuned for the password announcement, spot research is in progress! #热门话题 #LTC✅