Ethereum (ETH) Price Analysis: Can ETH Overtake BTC as ETF Launch Approaches?

- Since the end of May, the price of Ethereum has corrected by about 30% to $1,815, mainly affected by broader market trends and the delay in the approval of the ETF by the US SEC.

- The Fear and Greed Index of Ethereum is 30%, indicating that the market sentiment is bearish. The intraday trading volume of ETH reached $10.4 billion, and the market activity declined slightly over the weekend.

- Bitwise has submitted an amended S-1 filing by July 8, and it is expected that the Ethereum ETF will start trading in mid-July.

- If the ETF is approved, the price of ETH may rebound by 36% and challenge the $3,800 mark on the downtrend line. Technical indicators such as the 200-day EMA and the 100-day EMA show immediate resistance for the buy side.

- The Relative Strength Index (RSI) has fallen to the oversold zone, which may attract bargain hunters in the market.
"If you are still underwater and can't see the market trend clearly, if you are bullish, it will fall, if you are bearish, it will rise. Follow my homepage and I will share the profit code for free every day."
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As BTC price approaches 56,500, it may have reached today's high. I personally hold a bearish attitude towards the current market trend.

The main adverse factors facing the market in the near term include the German government's large-scale Bitcoin sales, which seems inevitable. The second is the Mentougou compensation incident, which has also exacerbated the panic in the market.

Some similarities between the current market trend and the previous bull market are that it may be in the stage of falling back and consolidating after the first wave of rise. Similar to the market waterfall event on May 19, 2021 (although the probability of such an event is small), it will usher in a new round of rise.
Personally, I expect that the panic in the market has not yet reached its peak, so the final bottom-picking opportunity may appear below $50,000.
"If you are still underwater and can't see the market trend clearly, if you are bullish, it will fall, if you are bearish, it will rise. Follow my homepage and I will share the profit code for free every day."
#美国6月非农数据高于预期 #BTC☀️ #BTC☀ #BTC走势预测 #BTC突破7万大关

How to make a profit in the cryptocurrency field?

1. Seize the opportunity and follow the emerging trends. Investors always like new things, so they should keep up with the latest hot spots in the market. For example, technologies such as artificial intelligence and blockchain were not common in the past.

2. Go with the trend, enter the market in the bull market and exit the bear market. Take advantage of the high market during the bull market and exit in time when the market falls. During non-trading time, you can focus on work or business to avoid idle funds.

3. Seize the big market and get big opportunities. The market is cyclical, such as early projects in the fields of artificial intelligence and blockchain. Only during the market rise can more investment opportunities be obtained.

4. Believe in the market and correct yourself. The market is usually right, and the mistakes often occur in the investors themselves. Believe that you can beat the market with your ability.

5. Stop loss to reduce losses, hold to increase profits. Close the losing positions in time, and hold the profitable positions to let the investment account grow.

6. Add positions when the market is low and reduce positions when the market is high. Increase investment positions when the market is favorable, and reduce risk exposure in time when the market is unfavorable.

7. Pay attention to the bottom strong coins and avoid the top altcoins. Pay attention to choosing cryptocurrencies that are at the bottom of the market but have potential, and avoid altcoins that are already at high levels.

8. Choose strong coins carefully and don't get involved easily. Investing in strong coins requires enough courage and strategy, because following strong coins means that you must continue to be highly vigilant.

These strategies help achieve stable investment and profitability in the cryptocurrency market.
"If you are still underwater and can't see the market trend clearly, you will fall if you are bullish and rise if you are bearish. Follow my homepage clipping and share the profit code for free every day"
#币安合约锦标赛 #BTC走势分析 #德国政府转移比特币 #美联储何时降息？

The current market situation has made investors feel that it seems to have hit the bottom, and the rebound momentum is strong and sustained, with no obvious signs of decline. However, this rebound is often a signal of inducement, and failure to leave the market in time may see the market bottom again.

There is no need to worry too much that the bull market has gone. In fact, the bull market still exists, but it will not simply rush forward, but will pause or pull back. At this time, you can choose to wait and see for a while, or adjust your operation strategy. In such a volatile market that is difficult to control, rash actions and greed usually lead to losses for investors, just as it is difficult to easily obtain carnivores.

In the current market environment, in addition to pursuing quick profits, long-term holding of spot is also an effective strategy. The market has pulled back to the level before the previous rise, which is a good time for spot holders to layout. You can enter the market in batches and gradually increase your position when the price goes down. When the market situation improves, the opportunity to sell for profit will not be less than the opportunity to chase the rise, and this operation is less risky.

In the future market, there will also be the launch of ETF trading and the announcement of interest rate cuts, which may become positive factors. The strategy of holding spot for a long time will help capture these good news, thereby bringing about a possible bull market boom. For the far-sighted spot holders, they will announce their layout plans in time, and those investors who are accustomed to operating spot can follow these layouts.

In the investment process, do not rush to pursue profits, but should take it slowly and steadily.
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#美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划

"Interest rate cut = market crash? Historical data overturns common sense!"

Looking back at historical data, how did the U.S. stock market perform when the Fed raised interest rates to more than 5% and then cut them? Here are two recent cases of interest rate cuts:
The first was the 2007-2008 financial crisis. Before the subprime mortgage crisis broke out, the Fed raised interest rates to 5.25%. Subsequently, in the face of economic recession and financial market crisis, the Fed began to cut interest rates sharply from September 2007.

However, the interest rate cut did not immediately bring about a recovery in the stock market. On the contrary, the Dow Jones Index fell by about 50% in the following year.

The second was the bursting of the Internet bubble from 2000 to 2003. Before the bursting of the Internet bubble, the Federal Reserve raised interest rates to 6.5%. Despite the subsequent economic slowdown and the bursting of the market bubble, the Federal Reserve began to implement multiple interest rate cuts in early 2001.

However, even with multiple interest rate cuts, the stock market still fell sharply. The Dow Jones Index and the Nasdaq Index fell by about 30% and 70% respectively during this period until they reached the bottom in 2002.

Some people believe that the current AI concept is similar to the original Internet bubble. Last year, the market expected halving, Bitcoin ETF and interest rate cuts, but now it seems that only interest rate cuts are left, and its effect may not be as ideal as people expected.

It is gratifying that if there is no economic recession, but only a simple interest rate cut, the market may not suffer such serious consequences, right?

In summary, historical data shows that interest rate cuts do not always bring about an immediate recovery in the market, but are affected by a variety of factors, including economic cycles and market sentiment.
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#美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #美联储何时降息？

The lows of BTC are usually also the lows of altcoins.

In the altcoin market, funds are mainly concentrated in several major projects, such as the previous range of 53,500 to 58,400.

In the market that rebounds rapidly, I have mentioned many times that projects like meme and L1. Other projects that have been launched in the past 1 to 2 years, such as BOME, WIF, BB, Omni, AXL, etc., have now fallen back to 54,300, and the decline is comparable to the rapid growth of meme and L1 before.

In addition to these two categories, it is also wise to pay attention to the artificial intelligence and gaming fields during the period from interest rate cuts to water release.

If you are looking for high returns, it is a good choice to focus on these four tracks because they have good liquidity, strong stories, and are supported by bookmakers. Other projects also have opportunities, but the opportunities are smaller.

If you are looking for stable returns, buying BTC and ETH may be more suitable for you.

Finally, the projects that must be launched on Anan or on OK and Bithumb's KRW pairs at the same time are listed: BOME, PEPE, BB, SAGA, OMNI, NTRN, AXL, SEI, PIXEL, PORTAL, ACE, AI, IO, NOT, SOL, BNB, ORDI.
In addition, projects like meme usually have new hot projects in the FOMO stage of the bull market, such as BabyDoge and Floki in 2021. This is exactly the stimulating side of the bull market in the cryptocurrency market.

To sum up: getting rich quickly may depend on luck, but to keep wealth and increase its value, you need to recognize the macro trends and market laws.
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#美国6月非农数据高于预期 #BTC☀️ #BTC走势分析 #BTC☀ #BTC突破7万大关

According to the two-hour level chart of 1000SAT today, a yellow signal has appeared at ten o'clock in the morning, indicating a potential buying opportunity.
It is recommended to consider entering the market when the price breaks through the 0.0001572 level and a green signal appears. This entry point is near the green mark.
Once a buy position is established, it is expected that the price may rise again🛫, but it may encounter resistance near 0.0001879. In order to effectively control the risk, it is recommended to set the stop loss near the previous low of 0.0001211.
#美国6月非农数据高于预期 #美联储何时降息？ #币安合约锦标赛 #BTC走势分析
For friends who want to dig deep in the currency circle but don’t know how to start, you can find me at my brief introduction and share the currency circle market strategy and operation every day

In a bull market, the main force's routine is unfathomable. Before each surge, they will carefully lay out and force retail investors into the trap of cutting their losses. When the market frenzy reaches its peak, many retail investors greedily chase the rise, but are often trapped.

The main force's tactics include:

1. Suppressing prices: The main force creates the illusion that the market cannot be sustained through artificial price drops, luring retail investors to sell.

2. False appearance: Although the account seems to be losing money, it is actually just a trap set by the main force to make you sell.

3. Clearing strategy: When the retail investors' chips are reduced, the main force can manipulate the market more easily and trap retail investors at high points.

In the last crazy stage of the market, retail investors often fall into greed and try to expand profits through high-risk operations, but eventually become victims of the main force's operations.
The article has a delay. If you don’t understand the market and need real-time explanations to learn technical techniques and experience, please read my introduction to the industry.
#美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划

Summary of important morning news:

1. Bitcoin has fallen again recently, and the short-selling force is still strong. It is expected that there will still be downside risks in the short term. Hua Ge believes that the short-selling pressure has not been fully released.

2. Ethereum is weak and is about to hit a recent low. The market expects that the ETF will be launched to improve the current trend.

3. A transfer of 11,023 Ethereum from an unknown wallet to Coinbase may increase the selling pressure in the market.

4. Next week, there will be large amounts of unlocking of XAI, IMX, APT and other tokens, which are risky. Unlocking behavior may have a negative impact on market liquidity.

5. Unisat: L1 Swap has completed most of the development work, and Fractal Swap is scheduled to go online in September.

6. There are reports that former President Trump may return to the White House. If this news is true, it may cause a sharp rise in Bitcoin prices.

I hope this rewritten version can meet your needs.
"If you are still underwater and can't see the market trend clearly, if you are bullish, it will fall, if you are bearish, it will rise. Follow my homepage and I will share the profit code for free every day." #美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划

Today's sharing:
1. The market situation is eternal. Whether it is a bear market or a bull market, everyone looks at the market differently, depending on where they are currently. Over the long term, we have witnessed the rise and fall of many bear markets, but some people have always regarded them as bull markets, which reflects the power of the law of attraction: those who are close to bear markets see bear markets, and those who are close to bull markets see bull markets.
2. Risk management:
If you cannot accurately predict market trends, you must have the ability to deal with uncertainty, which is a true master. When prices fall below expectations, you can consider the following treatment methods:
1. Re-determine the range and band.
2. Adjust the position allocation of the portfolio.
3. Set a strict stop-loss strategy to ensure that you exit in time when the price falls below.
4. Keep a wait-and-see attitude and wait for further confirmation of market trends.
5. Consider turning to more stable investment targets and regard existing retracements as new investment opportunities.
3. A recently popular trading strategy is zero-based trading, such as WOLF, bucky, chwy, etc. These stocks usually show the characteristics of long-term low-level decline. The traders use chip control and financial strength to wait for the second or third rapid rise after the stock price hits the bottom, thereby coordinating operations with the dealer.
4. Luck has inertia. When we are in a good period, we should make good use of this good luck and don't have to restrict ourselves too much. Even if the end of good luck may affect profits, this is also the time when we can best accept losses. This is not superstition, but a manifestation of the situation determining wealth.
5 years of experience in the currency circle, you can consult any questions, and friends who want to make progress together with Jiaqungouliu can see my introduction to the industry
#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #ASI代币合并计划

Some people are happy and some are worried. If you catch it, it's heaven, otherwise it's hell.

So don't try to speculate on the market. The market is like the weather. It's not that it's windy or rainy. You can never change this fact. Never think that the bottom you think is the bottom.

The attention of all! The first non-agricultural report in the second half of the year will be released tonight at 20:30. It needs to be vigilant that the non-agricultural report will subvert the expectation of interest rate cuts!

For the support below the non-agricultural report in the evening, you can pay attention to the big cake 53000 and the aunt 2800 position mentioned at noon. If it falls below, then look at 50500/2720. However, I am not overly optimistic about the surge and plunge in the evening. It may be a wide range of fluctuations. The upper pressure is the big cake 56800 and the aunt 3050 line. The lower support focuses on the big cake 53000 and the aunt 2800.

In summary, when the direction is wrong, stopping is the best progress.
There is no need to rush forward for the data market. If there is no good entry opportunity, just wait and see.
The article has a delay. If you don’t understand the market and need real-time explanations to learn technical techniques and experience, please read my introduction to the industry.
#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #美国首次申领失业救济人数超出预期

The market plummeted, and veteran players warned that the big drop had no bottom.
The market continued to fall, and investor confidence was shaken.
The dog dealer is waiting for the market to bottom out.
Don't blindly buy the bottom, wait for the market to stabilize and observe the increase in trading volume.
Today's strategy is biased towards shorts, including the views within the group. Currently, the main focus is on continuing to short after the rebound.
Warm reminder, blindly buying the bottom may be harmed by the dog dealer.
When to buy the bottom and when to open an order, please pay attention to my dynamics to get the right time.
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#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划

A huge market crash! Large investors suffered heavy losses, while the price of USDT soared to a premium?

The bad news hit like a storm, causing the price of cryptocurrencies to fall sharply, directly breaking through the 54,000 mark! Those who had called for a bottom-fishing at 56,000 are now silent, and the price of the currency has even fallen to 53,000!

This is simply a disaster! Large investors were liquidated one after another, and some big whales' 24.64 WBTC and 173,230 cETH disappeared in an instant, with heavy losses!

What's even crazier is that the price of USDT in the over-the-counter market soared to 7.46 yuan, with a premium rate of up to 2.63%. It is said that in order to increase the margin, some people even mortgaged their houses. This situation is simply crazy!
The article has a delay. If you don’t understand the market and need real-time explanations to learn technical techniques and experience, please read my introduction to the industry.
#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #美国首次申领失业救济人数超出预期

In this fluctuation, how many people were trapped because they did not stop loss in time? It's really painful.

In fact, in many cases, as long as you stop loss in time, it is not difficult to stand up again. But if you don't set a stop loss to hold the order, there is only one way to go in the end, that is, heavy losses!

No more nonsense, now I offer three places, providing services such as viewing orders, solving orders, and solving the quilt situation for free. Let you experience the real charm of the bull market and regain investment confidence!
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#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划

The altcoin market has once again suffered a collapse, leading to generally pessimistic market sentiment. This is exactly the effect desired by the manipulators. Despite this, the bull market is still continuing, stay optimistic, and the future is still worth looking forward to.

Ethereum (ETH) fell in tandem with Bitcoin (BTC) yesterday, falling more than expected. ETF fundamental news was delayed, market speculation expectations were postponed again, and the macro environment had a significant impact, further weakening the positive effects of ETFs. If ETH falls below the support below $2,850, it will appear fragile. The real support range is at $2,600. It may continue to fall today. It is recommended to wait patiently, be defensive, and look for opportunities to rebound from oversold conditions.

The altcoin sector has fallen in step with the mainstream market, and most currencies have experienced a larger correction. Today they collapsed again, with the decline seriously exceeding expectations. The main target of this round of market washing by manipulators is concentrated on altcoins. The proportion of altcoin chips in the hands of most users is much higher than that of mainstream currencies. Therefore, the effect of the market washing is particularly serious, creating panic and forcing users to cut off their assets. If negative news continues to appear in today’s data, it is expected that altcoins will continue to fall. It is recommended to wait and see during the day and act with caution.

Fundamental news has a significant impact, and the market is currently very sensitive, especially the non-agricultural data released at 8:30 tonight, which will have an important impact on this month's market trends.

RGB++ started free casting, and the activity on the chain increased significantly. As an emerging protocol, RGB++ plays a positive role in the construction of the Bitcoin ecosystem. It is recommended to continue to pay attention to this sector. Although market conditions continue to be depressed, it is worth waiting for the sector's enthusiasm to pick up before taking action.

The article is delayed, and if you don’t understand the market and need real-time explanations of learning techniques and experience, please read my introduction to cooking industry.
#非农就业数据即将公布 #BTC☀️ #ETH🔥🔥🔥🔥🔥🔥 #BTC☀ #ETH🔥🔥🔥🔥

Three major summaries of the first half of the year:

1. Seizing the hot spots is a real opportunity. $pandora and $bome performed most prominently and rapidly in the first half of the year.

2. The general trend is irreversible. Only by correctly judging the general trend can you stabilize your mentality. Starting from April, I began to adjust my positions significantly to achieve stable profits.

3. Resolutely implement the stop-loss strategy. In the past, I didn't pay much attention to stop-loss, but the situation in the first half of the year forced me to start strictly implementing stop-loss. Even if I might miss some gains, I can try to avoid the loss of principal and ensure a rapid retracement.

Change is eternal, and continuous iteration is the key to success.
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#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划

Based on the same data and market trends, there is no special change. Today's early trading structure shows a volatile trend. Yesterday's analysis of Bitcoin and Ethereum both achieved good returns.
Bitcoin was strongly supported near $56,500 in the morning, and it is not easy to break through at present. Judging from the rebound dynamics of the daily closing, the market is gradually stabilizing. In the short term, it is recommended to adopt strategies after the bottom is confirmed.
Specifically:
- Bitcoin is traded in the range of $56,400-56,700, with a target of around $58,000-59,000.
- Ethereum is traded around $3,020-3,040, with a target of around $3,120-3,150.

The article has a delay. If you don't understand the market and need real-time explanations to learn technical techniques and experience, please read my introduction to the industry
#非农就业数据即将公布 #BTC☀️ #BTC☀ #BTC走势预测