What is the FIT-21 Act? Lao Deng will give you a brief introduction:
The U.S. House of Representatives passed the Republican-led Financial Innovation and Technology for the 21st Century Act (FIT-21 Act) with 279 votes in favor and 136 votes against.

The FIT-21 Act will clarify the regulatory boundaries of the cryptocurrency industry and grant the Commodity Futures Trading Commission (CFTC) primary jurisdiction over the industry, while the SEC's jurisdiction will be "sacrificed".

FIT-21 will create a tailored disclosure and registration system for digital asset companies. Crypto companies have long believed that the U.S. SEC's insistence on requiring these companies to comply with the traditional disclosure system is unworkable.

Specifically, the bill will give the CFTC more power and funds to oversee the cryptocurrency spot market and "digital commodities," especially Bitcoin. The bill also creates a process to allow secondary market trading of digital commodities "originally offered as part of an investment contract." The bill also contains stablecoin and anti-money laundering provisions.
#美众议院通过FIT21法案 #热门话题 #以太坊ETF批准预期
$BTC $ETH

Friends in the cryptocurrency circle, this short order is okay! A big short trend is about to form!

After I made a trend long order on the 21st, I saw the abnormal ETH fund data on the 22nd. It really told me that this short order was also quite extreme. From Figure 2, we can see that the short position is gradually forming. And it is also magnifying this escape effect. Whether this short order of nearly 300 points can be eaten up depends on the speed of everyone's escape tonight, and it is possible to magnify this short order surprise.

As Lao Tang said, you must be decisive when making orders. If you don't open an order, you will never be able to verify success or failure! ! !

#热门话题 #ETH🔥🔥🔥🔥🔥🔥 #ETH走势分析
$ETH

The latest insider news, I don't know how many people have seen it. Lao Tang's view is still bearish. The original text has not been changed, please read it yourself!

The picture below is the original text!
#ETH🔥🔥🔥🔥🔥🔥 #热门话题 #以太坊ETF批准预期 $ETH

Urgent reminder, ETH fund data is abnormal, a large amount of funds are fleeing, what's going on? Is this a market that is preparing to pull up and run away?

Lao Tang started to talk about trend orders at 4 am on the 21st, and basically ate the stop profit position, but now looking at the fund outflow data, Lao Tang thinks there will be a downward trend 📉. Judging from the index at 3:15 last night, the highest position fell by 173 points. Judging from the usual market conditions, this wave of short trend has been formed. Lao Tang's next strategy is to rebound and short:

ETH: 3815-3850 open short, 4000 stop loss, 3542 take profit
(Be decisive when placing orders, and you can never verify success or failure without opening orders!)
#ETH走势分析 #热门话题 #ETH🔥🔥🔥🔥🔥🔥
$ETH

Urgent notice, $ETH has reached 3595, and this wave of long orders has reached a new high in May.

There are rumors that the SEC will make a 180-degree turn on the issue of approving the spot Ethereum ETF. This is an opportunity for ETH and a nightmare for contract players. Judging from the market conditions when the ETF was approved last time, this market will kill both long and short positions, so it is also the most difficult time to make a market.

Lao Tang suggested that ETH should make trend orders, and not high-short and low-long orders. Next strategy:

ETH: 3338-3451 open long, 3258 stop loss, 3700 take profit
(This order is a light position test order, don’t open a heavy position!)

#热门话题 #以太坊ETF批准预期 #ETH🔥🔥🔥🔥🔥🔥

$ETH $BTC
Today's #ETH is definitely a heartbreaking market. Based on my understanding of ETH, Lao Tang is still bullish on this wave.

There is a high probability that there will be a wave of callback fluctuations in this wave. We can go long near the support level of 3060, and the pressure level is temporarily at 3146, so the next strategy is:

ETH strategy: 3060-3072 open long, 3040 stop loss, 3146-3300 take profit
(This strategy is based on the callback mechanism, the data may be damaged, so make a good stop loss)
#热门话题 #ETH🔥🔥🔥🔥🔥🔥

$BTC How much did friends who followed Lao Tang's analysis earn? In fact, Lao Tang is always cautious when posting strategies.

The stop loss position of this strategy is relatively small, in order to protect the principal and make money, and the loss this time is also relatively extreme. Can friends who follow and make money give Lao Tang a thumbs up! Thank you very much.

In fact, the period of range fluctuation that Lao Tang took this time is a very good period. If you open it later, you need to continue to watch the market to make a judgment. However, the stop profit at 3:45 last night is still good. Sometimes you can't be too greedy when opening an order. Sometimes you will give back the profit. Sometimes you can't be too cautious. Being too cautious will miss a very good market.

Please pay attention to Lao Tang's later orders and take everyone to eat meat.
#BTC走势分析 #热门话题 #BTC🔥🔥🔥🔥🔥

#BTC走势分析 has been hovering between 67000 and 67400 for so long today. I feel that the momentum is not good and it may fall.

You can do a trial and error this time to see how the market reacts:

BTC: open short at 67300-67400, stop loss at 68000, take profit at 65000
(This time, Lao Tang wants to take advantage of a small trend. The strategy is a personal suggestion. If you don’t like it, please don’t criticize! If you follow it, please give Lao Tang a thumbs up👍🏻)
#热门话题 #BTC🔥🔥🔥🔥🔥

Do you know why the spot price rose so well yesterday? Just look at this data. Although we know the benefits of CPI, this is only one aspect. Many institutions intervene in the spot market. About 60% of the spot market is now in the hands of institutions.

And this picture shows that spot ETFs are mostly in the hands of top institutions and the world's top banks. This data is good for retail investors who hold spot stocks, but don’t forget the principle that institutions will never lead most people to make money. The good news does not mean the bad news in the later period. Because the news we get is lagging behind, by the time you get good news, all the good news may have been exhausted, and institutions are preparing to sell goods. So, follow Lao Tang and let you see the latest news from the world.
#BTC现货ETF #热门话题 #美国4月CPI数据回落

An investor made a profit of $6.87 million by trading WIF in the past 7 days

According to Lookonchain monitoring, a savvy investor made a profit of $6.87 million by trading $WIF (Wifcoin) in the past 7 days. The trader first spent $721,000 to buy 3.07 million WIF at a unit price of $0.23. He then sold 2.37 million WIF at $2.31 per coin, earning a total of $5.47 million. He currently holds 700,000 WIF, worth about $2.12 million. In addition, the trader also invested $1 million in the past 7 days to buy 1.7 million tremps at a purchase price of $0.5831 per coin. #热门话题 #WIF逆袭

Today I am here to share the strategy of WIF coin. I was relieved that Lao Tang didn’t stop profit on his long orders yesterday!

Today we will take a look at the trend of WIF. After last night’s turbulence, WIF rose directly to 3.1466. From this position, compared with BTC, WIF should have another wave of rebound in the later period, so Lao Tang’s next strategy is

WIF: long at 2.948-2.926, stop loss at 2.876, stop profit at 3.135

(The above strategy does not involve personal behavior and has stop loss risk. Can you give me a thumbs up if you follow it?)

#热门话题 #WIF

Found the reason why BTC rose sharply last night!

On the 15th local time, the U.S. Department of Labor released the latest data. The Consumer Price Index (CPI) in April rose by 3.4% year-on-year, in line with expectations, and the previous value was 3.5%. The indicator soared to a 40-year high of 9% in June last year; month-on-month, the CPI in April rose by 0.3%, and the expected value and the previous value were both 0.4%.

After excluding the volatile food and energy prices, the core CPI in April rose by 3.6% year-on-year, down 0.2 percentage points from the previous value of 3.8%, but still significantly higher than the policy target of 2%, with an expected value of 3.6%; the indicator rose by 0.3% month-on-month, which was also in line with expectations, and the previous value was 0.4%.

The core CPI in April slowed slightly from the previous value in March, which will slightly reduce concerns about the re-acceleration of inflation. The agency expects the monthly rate of the core personal consumption expenditure (PCE) price index to fall from 0.32% in March to 0.24% in April, which may support the Fed's view that the acceleration of core inflation in the first quarter is an abnormal phenomenon, paving the way for a rate cut in July.

Stimulated by the above news, U.S. stocks rose before the market. As of press time, Dow futures rose 135.0 points, an increase of 0.35%; S&P 500 futures rose 23.0 points or 0.44%; Nasdaq futures rose 74.8 points, an increase of 0.41%.

Based on the above, we can analyze that the rise of BTC this time is basically the good news this time, and the probability of a rate cut in September has reached 70%, so these are the reasons for the sharp rise of BTC last night!

#美国4月CPI数据回落 #热门话题 #BTC走势分析

I really feel sorry for my long orders in the morning. If I don't stop profit in the morning, I will be rich in the evening! I also stopped loss on the trial and error orders. Although I didn't lose much, it's a pity that I made long orders from the lowest level in the morning.

This wave may go up and down tonight. Friends who open orders should pay attention. I think this wave should eventually pull up the data. After all, today's WIF should be considered a short-term bottoming out!

Sometimes the short-term fluctuations in the market are very tempting, and we rush in regardless of everything. But we did not seriously examine the position of this small fluctuation in the overall trend. This kind of transaction has a very low chance of winning, which often makes us embarrassed.
#热门话题 #WIF

The stop-profit position of this wave of long positions is too strong. It just hits the highest point of the upward pin. If you don’t follow it, there is no way. I also entered the market later.

Now let’s see whether to short. Does anyone dare to follow up and short? The CPI data will be released tonight. This wave of data will directly affect the trend of tonight’s data. The next strategy:

WIF: open short at 2.916-2.930, stop loss at 2.950, stop profit at 2.77
The stop loss position of the above data is relatively small, and the trial and error cost should be acceptable. If you don’t accept the loss, open the order carefully!
#热门话题 #WIF

If you don't make money in this wave, you will lose money. You must keep up with such a good market. The #WIF coin has hit the bottom. You can make money in this wave of long orders. If you don't understand, please read my strategy!

Yesterday, WIF has been crazy down, the lowest was 2.7494. This wave of rebound has been formed. You can go long at the bottom. Strategy sharing:

WIF: 2.77 long, 2.7 stop loss, 2.91 take profit
(The strategy is personal behavior, only for reference data)

#热门话题 #WIF逆袭

The data of this wave of shorts is exactly the same as the chart drawn in the morning. The two support levels in the morning have fallen below the first one.

This wave of long-short battle is really exciting. I basically made money by drawing the chart in the morning. Friends who are long at the bottom of this wave should be very comfortable. Later, I still need to remind friends who are long to pay attention to the possibility of hitting the second support level in the later period!

The worst way to trade is to frequently enter and exit with a heavy or even full position. This is a complete loss of self-control and is almost the behavior of a madman.
#BTC走势分析 #热门话题 #BTC

All friends in the cryptocurrency circle, please pay attention‼ ️‼ ️‼ ️. If you don’t understand the BTC market today, you can read this market analysis article, which may be helpful for your later orders!

BTC rose wildly at 2 o’clock yesterday, reaching the pressure level of 0.618. Today’s main data shows that it is a wave of outflow. Let’s look at the following two defensive support levels, which are 61879 and 60619. Today, my prediction is that the K line will fall to the first support level. Let’s see if the short-selling potential can break through this support level.

BTC: 62000-61879 open long, 61300 stop loss, 63140 take profit

 Excellent speculators are always waiting, always patient, waiting for the market to confirm their judgment. Remember, don’t completely believe in your judgment until the market itself confirms your opinion.
#BTC走势分析 #热门话题 #BTC