$BTC Bitcoin ETFs have traded about $2.5b so far, a lot for 10:45am, but not too crazy (full history below). If you bitcoin bull you actually DONT want to see crazy volume today as ETF volume on bad days is a pretty reliable measure of fear.
On flip, deep liquidity on bad days is part of what traders and institutions love about ETFs, so you also want to see volume too, good for the long term.
Finally, I recommend #PHRYGES This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC #加密市场反弹 #美联储何时降息?
$BTC Based on the provided context, Elon Musk seems to have expressed concerns about the financial market and the Federal Reserve's decisions.
He suggested that the current financial situation may not be favorable for investments beyond Treasury bills, indicating a potential expectation of a market correction. He also criticized the Federal Reserve for not lowering interest rates sooner, implying that such a move could have been beneficial for the economy.
The arrival of the Olympic Games will undoubtedly give birth to a hundredfold MEME, the biggest hot spot is what? The flowing athlete, the mascot of eternity.#PHRYGES $SOL #加密市场急跌 #BTC走势分析 #美联储何时降息?
$ETH You may not believe it, but although Ethereum has fallen so hard, the bull market pattern of Ethereum has not yet been destroyed:
First of all, Ethereum has not fallen below the upward trend line; secondly, the four waves of Ethereum are not coincident with the first wave (according to the wave theory, in the five-wave bull market structure, the fourth wave cannot coincide with the first wave).
Ethereum has now fallen to the support level, but Bitcoin's current position lacks effective support and may continue to fall to around 43,000.
If Bitcoin continues to fall, will Ethereum be taken below the support level? This is what I am currently worried about.
Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.#加密市场反弹
If we look at the past 94, 5.19, 3.12, and now the 8.05 crash, we will find that every bull market is about to come after a sharp decline. Perhaps this crash will become a marker in crypto history, along with a bull market to come. The crypto market went through a deep washout before the bull run. Some people attribute this crash-like correction to the failure of continuous storage regulation, thinking that this is the biggest negative. However, the market is always concerned about interest rate cuts and interest rate increases. The interest rate cut was considered a good thing, but now that it has been decided, some people say that the interest rate cut is too little and is a bad thing. And if the rate of interest rate cuts increases in the future, it is considered to be a need for funds, which is also negative. In addition, some events such as tensions in the Middle East, Bitcoin compensation, Trump's situation, etc. are regarded as negative factors for the market. In fact, past history also tells us that every bull market is caused by a crash.
Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC C
This morning, the head of the Swiss Bank called me. He told me that the 20 billion fixed deposit I had there was due and asked when I was going to withdraw it. I was really confused because I'd never saved any money there. Then, I asked in the family group and found out that when I was in primary school, my dad bought several thousand BTC and put them in the Swiss Bank. Back then, they were bought for just a few yuan each, but now they're worth 20 billion dollars. When a person suddenly gets rich, they really don't know how to spend the money. At that time, I'll even get a Rolls-Royce Cullinan for my nanny.
Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC $1000SATS
You think it's the bottom, but in fact, it's still halfway up the mountain! Is 805 worth remembering? Wait and see, maybe there will be unforgettable 806 or 807. The rooftop is very high, be calm when bottom-fishing! Today, on 805, the cryptocurrency market is in mourning. Many people are yelling to bottom-fish. The off-exchange premium of USDT has reached 7.6. Personal advice from Xianxian: The current bottom may not be the real bottom. Everyone should be calm when bottom-fishing! The reasons are as follows:
1. The U.S. stock market is expected to open lower. A fall in the U.S. stock market will drive the cryptocurrency market to continue to decline. 2. The interim meeting of the Federal Reserve is not trustworthy. The efficiency of Americans has never been trustworthy. Interest rate hikes will not be implemented immediately, and good news will not come immediately. 3. War risks. The situation in the Middle East is very tense and can break out at any time. Military expenses need to be paid by the cryptocurrency market investors. 4. There are many gamblers bottom-fishing. The more people there are, the more anti-human the bookmaker is. It is necessary to clear out another wave.$BTC #加密市场反弹 #美联储何时降息? #PHRYGES
我为何不让大家追空抄底?理由很简单,并非所有人都能承受得起失败的后果。在今日这个黑天鹅事件之后,我收到众多朋友的微信,亏损数额巨大,有亏 27 万 U 的,有 13 万 U 的,9 万 U 的,还有两三万 U 的,不一而足。然而,无人抱怨,毕竟币圈向来如此,高波动伴随着高收益。盈亏本就同源,享受了高收益,就得正视其风险。
It’s been a long time since I’ve seen the market so prosperous. I was so moved that I cried.
On August 25, 2024, the price of Bitcoin is likely to be between $64,496.64 and $59,717.65. This prediction is based on current market trends, the upcoming Bitcoin halving event in April 2024, and overall market sentiment towards the cryptocurrency.The Bitcoin halving event occurs approximately every four years and is expected to have a significant impact on the price of Bitcoin. Historically, Bitcoin prices have surged following halving events as a decrease in the rate at which new Bitcoins are created increases scarcity and potentially drives up demand.In addition to the halving event, the recent approval of a Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC) in January 2024 has also contributed to the positive market sentiment towards Bitcoin. The launch of the Bitcoin ETF is expected to attract more institutional investors and increase the overall liquidity of the Bitcoin market.However, it is important to note that the cryptocurrency market is highly volatile and is affected by a variety of external factors, such as regulatory changes, global economic conditions and market sentiment. Therefore, the actual price of Bitcoin on August 25, 2024 may differ from our predictions.It is also worth mentioning that the price of Bitcoin has seen significant growth over the past few years, with its value reaching an all-time high of $68,789 on November 10, 2021. Although prices have since experienced a decline, the overall trend is positive, with prices almost doubling between January and July in the first half of 2023
Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC
$ORDI When it dropped to $3, did any of you dare to bottom-fish? None of you did! Now I tell you that there is a project on the chain that I am very optimistic about. It has risen more than 50 times and then pulled back to the level before the rise.
Do you dare to bottom-fish now? What I'm talking about is #PHRYGES . This coin has experienced major ups and downs. The community is still there, the narrative is good, and the popularity hasn't gone. Those who have the guts can try investing a small amount of funds.
Although the entire circle is crying out in pain due to the decline, look at the monthly line of Bitcoin. It's still okay. From 73,000 to 52,000, the decline is only about 30%! (73,000 - 52,000) / 73,000 * 100% = 28.7% A 30% decline is quite normal. The bull market is still there, but it just looks a bit bearish temporarily. This is a normal correction in a big bull market! You can check the correction range during previous bull markets. A 30% decline is very normal.
2. If you have money, buy some Bitcoin. Next year, you will be grateful for your operation. Rest assured that the big bull market will only end next year. The first small peak will be in March 2025, and the second peak will be in October 2025. The big bull of this cycle will completely end then!3. Before October 2025, all declines are good opportunities to increase positions!
Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC $ETH $SOL #美联储何时降息? #美国政府转移BTC
firmly held building publicity phryges will lead to victory✌ My heart is firm and calm You won’t be frightened by a 99.9% drop. These negatives: recessionary interest rate cuts, war crisis in the Middle East It's all done mechanically This decline is just to clear the long leverage Cleaned up now Wall Street will definitely buy it tomorrow The violent bull market is about to begin I just feel the excitement I've never felt before #PHRYGES
My apologies. Having a drink. Continuing on…. Crashes are times When the brave get richer and the cowards get poorer…. Because they sell or do nothing. The world is filled with poor cowards. Be smart. Grow Some balls, stay calm, and invest when the cowards are quitting. Take care. $BTC $ETH #PHRYGES
History seems to have a fate that is difficult to break! Whenever interest rates are cut, U.S. stocks fall into extreme panic and plummet all the way. Bitcoin has been cut in half, and altcoins have been wiped out! Since 2017, this phenomenon has never been an exception and has become an unchanging rule! All this shows that the Federal Reserve's control over the economy has completely failed, the haze of recession is overwhelming, and the market's trust in the Federal Reserve has dropped to rock bottom. In the current chaotic situation of more than 3,000 currencies, funds are extremely dispersed. Trying to capture a currency that has increased thousands of times or hundreds of times is simply a dream! In comparison, flatbread is undoubtedly the best choice! Secondly, position control is crucial! According to your own financial situation, it is enough to use about 30% of the funds for currency speculation. Do not take loans or stud! Investment must not affect normal life, otherwise it will turn into gambling, and gambling is destined to be a loser's game! Over the years, the market has gone through ups and downs, sometimes with momentum and indomitable momentum; sometimes it continues to fall, making people panic. But no matter what, it will eventually return to normal. Therefore, even if you are deeply trapped, as long as it is a mainstream currency, just wait patiently! $BTC $ETH #PHRYGES