Mentougou is a joke, the biggest short in the currency circle, no one else. The Mentougou incident in 2014 caused BTC to plummet by 80%‼ ️
Are they trying to reap the profits again ten years later? My answer is no, but the negative impact on sentiment in the short term is huge, which also caused tens of thousands of people to be liquidated on the evening of the 24th‼ ️
This time, more than 140,000 bitcoins were transferred within 6 hours, with a market value of nearly 10 billion US dollars. At that time, BTC fell from 72,000 to 64,000, which was already 8,000 points. The negative impact of the Mentougou incident in the evening caused it to fall by another 6,000 points‼ ️Let those gamblers who were all in directly be liquidated‼ ️
This is why Brother Wu always tells everyone not to be all in and not to be a gambler. Position management is very important. Making money always puts stability first🤑‼ ️#Mt.Gox将启动偿还计划 $BTC

Understand the difference between stock trading and cryptocurrency trading in one article‼ ️‼ ️‼ ️

1. **Market characteristics**: The stock market is relatively mature and stable, while the digital currency market is relatively new, small, and unstable. The price volatility of the stock market is relatively low, while the price volatility of the digital currency market is high and may be greatly affected by various factors.

2. **Trading time**: Stock trading has time limits and usually follows specific exchange trading hours, such as the Shanghai and Shenzhen stock markets have fixed opening and closing times. There are no time limits for cryptocurrency trading, and the digital currency market is usually traded around the clock and open 24 hours a day.

3. **Price limit**: The stock market has price limit, while the digital currency market has no such limit, which may lead to more severe fluctuations in the currency market.

4. **Regulatory environment**: The stock market has a more mature and strict regulatory system than the digital currency market. Stock trading is regulated by securities regulators, while the regulatory environment of the digital currency market is more complex and uncertain, and there are differences in regulations and policies in different countries and regions.

5. **Market liquidity**: Stock markets usually operate within specific trading hours and have higher market liquidity. The cryptocurrency market is relatively small and market liquidity may be lower.

6. **Risk and return**: The risk and return potential of cryptocurrency trading is generally considered higher than that of stock trading, but this also means higher uncertainty and potential risk of capital loss. #美联储何时降息？ $BTC $ETH

In the morning, I said that the short-term pressure of breaking through 615 was to test the long-term pressure of 627. As expected, it could not go up when it was close to 625, and fell back 800 points in less than half a day‼ ️😵‍💫 This also shows the accuracy of the pressure level and box range given by Brother Wu🤓
Now in the bottoming stage, we are still operating around the box range of 600-627. It is difficult to break through 627 and fall below 600 here, not to mention that there is no current trading volume and no stimulating news. Those who are bottom-fishing at 600 continue to wait for a breakthrough🤓‼ ️#Meme板块普涨 $BTC

Last night I told you that BTC is in a bottoming phase. Although the short-term cycle has broken through the downward trend, it is still in the process of bottoming out in a box. Yesterday, the 600-615 of the small cycle has been broken, and the pressure of the large cycle is at 627. Once it breaks through 627 to form a right buying point, the upward space will open up. 🤓‼ ️New positions opened at 600 yesterday can wait patiently, and our old positions trapped above don’t need to worry. ☺️‼ ️#BTC走勢分析 $BTC

During the day, I said that the violent spike at 584 last night was the final release of short pressure, and bulls began to enter the market to take over the market. Our new bottom-picking position is 6W‼ ️It is also the position that breaks through the one-hour downward trend. This new position belongs to the right-side transaction. The success rate of this trend reversal is very high🌹‼ ️
At the same time, BTC also formed a box range at 600-615 in one hour, which is also a bottoming range this time. Let's see if we can break through this position in one fell swoop and hit the high point pressure near 644 above‼ ️Strive to make up for the previous losses and truly complete the long and short double-eat😀🌹#美联储何时降息？ $BTC

The reason for the sharp drop in BTC has been found‼ ️Bad news hits, the Fed suddenly takes action‼ ️
Last night, Nvidia in the US stock market plummeted. It is particularly worth noting that last night, the virtual currency market, which is closely related to computing power, also plummeted. Bitcoin fell by more than 7% at one point and fell below $60,000. In the morning trading today, the decline narrowed, but it was still large. In the past 24 hours, the number of people who have been liquidated in the virtual currency market has exceeded 89,000. ‼ ️

So, what is the driving force behind the continuous decline of Nvidia and Nasdaq? In fact, it is an action of the Federal Reserve. ‼ ️

On June 24, local time, the Federal Reserve accepted a total of 435.916 billion US dollars from 71 counterparties in fixed-rate reverse repurchase operations.
This data is 100 billion more than on June 17, which means that during this period, the Federal Reserve has recovered liquidity in the market⚠️‼ ️😵‍💫#美联储何时降息？ $BTC

The 14,000-point plunge‼ ️is an early release of the Fed's postponement of the rate cut‼ ️After a long pin, the release of short-selling power ended, and the long-selling power began to come on stage‼ ️A big positive line, thousands of troops came to meet. After the plunge, the bottom-fishing made a double-eat of long and short positions. The patience of holding long positions at low positions will make everyone make money🤪
After the high-level short positions made a profit of 170,000 U, long positions entered the market, and the old positions that took over the long positions had floating losses. The new positions that took over the long positions last night began to make floating profits🙏‼ ️#美联储何时降息？ $BTC

This time, BTC made a huge profit of nearly 8,000 points in the big drop🤑🤑ETH made a huge profit of 170,000 U💰💰💰
I am sorry that I didn’t buy at the lowest point this time🙏 Fortunately, I warned everyone not to go all-in. This fan did a good job. He could make both long and short profits when the market rebounded‼ ️It can be said that no one could predict yesterday’s market, but good position management can help everyone deal with it calmly during drastic fluctuations🌹☺️#MicroStrategy增持BTC $BTC

I made 170,000 U from a high position🌹‼ ️Now I have a little loss, and I feel relieved when I see that everyone in the square is making money. Yes, when I doubled my profits, when I made 7,000 or 8,000 points, when I led a circle to make hundreds of thousands of U, no one saw it🥹‼ ️
I have told you before that the bull market rises slowly and falls sharply, don't go all in and don't be a gambler. Why do some fans force liquidation of more than tens of thousands of points, while you force liquidation of one or two thousand points😤Should you consider your own positions and multiples and your own mentality? Why can others make money and have such strong execution🥹
Everyone knows that the support of 635 has been held for so long. Is there anything wrong with the previous continuous multi-point strategy? If you predicted the sudden plunge in the afternoon, please take a screenshot and post it in the comment section. It is relatively stable to buy at the bottom after the plunge and realize both long and short positions. I will not care about other people's slander, but please treat me fairly and justly, otherwise you will not see my strategy. The same goes for everyone in the circle. Best wishes‼ ️‼ ️#美联储何时降息？ $BTC $ETH

This time the BTC crashed and made a profit of nearly 8,000 points🤑🤑ETH170,000U of huge profits💰💰💰
Now an urgent reminder‼ ️New positions are bottom-fishing, this time he will make a profit on both the long and short sides🤓#美联储何时降息？ $BTC

‼ ️‼ ️This big drop in BTC made a profit of nearly 8,000 points🤑🤑A huge profit of ETH170,000 U💰💰💰
The reason for the decline is that the Federal Reserve has slowed down the expectation of interest rate cuts in the macro sense, and the US dollar has risen sharply. Technically, the positive CPI has violently pushed up the price of BTC. After the sharp rise and the sharp fall, the market will return to normal operation‼ ️

Although we didn’t get the lowest point this time, this wave was also after the previous short position made a big profit before we took the long position🥹Recently, those who followed the long position should be some new friends who have been paying attention for a while. The previous short position at 713 and the second short position at 701-706 were huge gains of over 4,000 points. Now the floating loss of taking the long position is just a drop in the bucket🥹
Of course, I feel guilty for not getting the lowest point. There is still a long way to go, the market will not close, and the opportunity to make money will always exist. Thank you brothers in the circle for your trust and companionship🙏This is why I often warn everyone to never be a gambler, make money slowly, and eat one bite at a time🌹#美联储何时降息？ $BTC

The US dollar index continues to strengthen, and the market is worried that the Fed will reduce the number of interest rate cuts or the extent of interest rate cuts this year‼ ️BTC, which has been sideways for two days, fell more than 800 points on Monday
Therefore, the Fed’s policies or officials’ calls have a huge impact on the trend of BTC. There is still half a month before the next Fed meeting on July 11. This adjustment is an early response to the expectations of the next meeting. The interest rate cut cycle will come, so the market cycle will still be upward🌹As I said before, the bull market is mostly slow rise and sharp fall, and frequent chasing ups and downs will only make you lose faster‼ ️#美联储何时降息？ $BTC

Every time there is a big change, the market surges or plummets, many of them are at the end of the weekend‼ ️Will there be a big change tomorrow, a big rebound or a plummet😲
For example, the market was stagnant on the weekend of 512, but afterwards, BTC took advantage of the positive data of the US CPI on 515 and surged by more than 10,000 points in a week‼ ️Such a change node is regular‼ ️
Usually it is after the weekend, because there is no big news released on the weekend. In addition, there are major events announced, and there are technical changes after a big rise or fall‼ ️
I have seen that there is no big news to stimulate recently. The only thing is a technical change. BTC has adjusted from 720 to 636, close to 10,000 points, and some technical indicators have oversold signals. So the next step is a technical change. Without the stimulation of news, the rebound will not be as violent as the interest rate cut, unless the Fed officials release positive information during the session‼ ️🌹If the market changes, I will tell everyone in the circle about the situation🌹#美联储何时降息？ $BTC

After the rapid decline on Friday, I urgently posted a message saying that it was a false decline to induce short selling. Then it pulled back to 64,000, which made many people sell at a loss and chase shorts. In the end, BTC was washed out again and retail investors repeatedly sold at a loss🥹
The main trading method this time is actually not very clever. These are all tricks we usually use when trading with large institutions. BTC quickly hit 633 to test the platform position since the rebound from 565‼ ️
It is this kind of rapid decline that will wash out retail investors. Now the dog dealer has quietly pulled BTC back to 644, completing the double kill of long and short. We are unmoved and even remind everyone to take long at 636. Now BTC daily KDJ golden cross, rebound signal appears📶#BTC走勢分析 $BTC

Up, up, up‼ ️Do some small actions early in the morning to stimulate everyone's nerves and let everyone wake up early🤭#MicroStrategy增持BTC $BTC

Retail investors should not play with the spot of altcoins‼ ️WIF coin, which was recommended by many big Vs, claimed to be a ten-fold or a hundred-fold coin in the future. It has fallen by 60% from a high of 4.8 to the current 1.78‼ ️How many people can bear such a drop
Don’t believe in the lies of a hundred-fold or thousand-fold coin. Just because it existed in the past does not mean it still exists now. The bonus period of altcoins has ended. The easy decline of altcoins starts at 10%. Those who are still dreaming of a hundred-fold increase in altcoins should wake up😂#币安用户数突破2亿 $WIF

At the end of the decline, there is a rapid decline to create a false impression of a break, and then retail investors cut their losses and chase short orders. After that, the dog dealer quickly pulls back to the key point again, and then washes back and forth two or three times😵‍💫If you don’t die, you will lose half your life‼ ️
Yesterday’s rapid decline gave everyone a coping strategy. The view is that the false decline is a real wash. This is a method we often use when institutions operate, and it is also the most typical method at the end of a decline or rise🤓Yesterday’s wash was still kind to you. Violent pins will make you lose faster🤦
After the wash is over, slowly absorb funds and rise slowly‼ ️Then it will cooperate with the news to violently pull up, quickly away from the cost area, short stop loss and liquidation, and longs chase the rise🌹
We are in the circle. Those who hold longs are waiting, the worst time is over🔚#美联储何时降息？ $BTC

The end of the decline is a rapid decline, creating the illusion of a break to lure shorts, and then quickly pull back to the key position, and then repeatedly clean up, long and short double kill‼ ️
Yesterday's rapid decline is like this. I have already told you in yesterday's article, so I won't go into details. Yesterday's dog dealer was a classic dishwashing technique🤓
Yesterday, many people cut their losses and left the market or were lured into shorting, and finally the main force pulled it up again to complete the double kill‼ ️We often use this technique to clean up retail investors when large institutions are trading. Now that the chips are almost washed, we will start to pull up🤑🌹#美联储何时降息？ $BTC

The W-bottom is even more obvious. Fortunately, I fell asleep at night, otherwise I would have to wash it back and forth like this. I really want to vomit after washing it 🤮#MicroStrategy增持BTC $BTC

The afternoon's trap for short selling‼ ️Repeated pulling formed a short-term W bottom, broke through 635 in the afternoon and quickly pulled back to 640, and then cleaned up again in the evening, quickly broke through 635 and pulled back to 640 even faster‼ ️The dishwashing technique was very cunning, and it actually wanted to complete a double kill of long and short positions. How many people were washed like they were in a washing machine and felt dizzy😵‍💫$BTC