Attention everyone!!! Binance CEO expects to return to cryptocurrency in October
Changpeng Zhao (CZ), founder of Binance exchange, has reportedly entered a federal prison in California, USA. Last November, Zhao Changpeng reached a settlement agreement with the US government to resolve the multi-year investigation against Binance. As one of the conditions of the settlement, Zhao Changpeng resigned as CEO of Binance. Although he no longer directly manages the company, he still holds about 90% of the shares and is still the actual controller of Binance.
CZ was accused of failing to implement an effective anti-money laundering program as required by the Bank Secrecy Act, and allowing Binance to process transactions involving proceeds from illegal activities. The US government required Binance to pay $4.3 billion in fines and forfeitures, while Zhao Changpeng personally agreed to pay a $50 million fine.
In April this year, Zhao Changpeng was sentenced to four months in prison for pleading guilty to money laundering charges. The sentence was far less than the three-year prison sentence requested by federal prosecutors. Before the sentencing, Zhao Changpeng told the judge that it was his fault for failing to implement an adequate anti-money laundering program and that he deeply regretted it.
Finally, according to the latest news from CNBC, Zhao Changpeng has reported to a low-security federal prison in California, and his defense law firm (Latham & Watkins) has also confirmed the news. In other words, it is expected that CZ will be released from prison in October this year and re-enter the cryptocurrency industry. #Mt.Gox将启动偿还计划 #美国PCE数据将公布 #VanEck提交首个SolanaETF #币安合约锦标赛 #以太坊ETF批准预期
Summary of the day and thoughts in the early morning on Thursday, July 4th:
July is destined to be an extraordinary month, with market prices often fluctuating by thousands of points. Some people are enjoying the success, while others are directly washed out. Today's market is even more like this. The price comparison is falling. Many friends who are buying the bottom are buying directly on the floor. However, we are firmly bearish and short. After two rounds, we have directly settled at 3,700 points. Friends who have the idea should be enough. Let’s take off. If that’s not enough, there will always be a place for you in July’s big market. If you really can’t get it right, come here and let you enjoy this month’s market.
A total of ↓3,700 points will be earned during the two rounds of the day. The details are as follows:
First round: 60450-57950, Receive ↓2500 points
Second round: 59000-57800 箜, close ↓1200 points
Although there are not many layouts, the essence has been absorbed. Pure high-quality goods are received. The ideas are all publicly disclosed on the entire network before the market price. There is no fraud. It is really a pity for friends who missed my strategy.
For the second half of the morning, the market will rebound after a large decline, and then fluctuate and adjust to accumulate strength. The same is true now, but from the overall market perspective, the daily and 4-hour lines are both technical and Structurally, everything is biased toward the short side, and there is no rebound signal. Therefore, the shock adjustment at this time is just accumulating strength for the short side. So in terms of market outlook, I will continue to remain bearish.
Suggestions for the early morning of July 5th:
The 58600-58800 area of the pie is empty, look at the 57000 area
Ether 3150-3170 area is empty, look at the 3050 area
In the face of accurate strategies, if you don't know how to turn back from the lost path, then your outcome is already doomed. Everyone who understands has already come here!
Everyone says that BTC is gold, but the mining dynamics of BTC are completely different from those of gold. Gold mining has great elasticity, and the mining volume changes very smoothly as the stock decreases and the mining technology improves. However, BTC is forced to halve the mining speed every four years, which means that every four years, BTC will face the risk of returning to zero. If the funds attracted cannot cover the doubling of mining costs, the Ponzi scheme will collapse.
It is impossible for BTC to rise indefinitely. The cost is halved every four years and raised every four years. In 20 years, it is 32 times, and in 40 years, it is 1,000 times. Now the market value of BTC is 1/3 of the total global wealth. According to the normal inflation rate, the market value of BTC will be more than the total global wealth. This is impossible. Therefore, the most conservative estimate is that it will return to zero within 40 years. However, considering various geopolitical factors, the market value of BTC is unlikely to account for more than 2% of the total global wealth. In this way, it is highly likely to return to zero within 10-20 years. When the computing power of the BTC network decreases, it will return to zero. At this time, the hype premium can no longer cover the mining cost, thus triggering an avalanche.
Some market trends are predictable. Last week, I clearly gave the idea of going long first and short later next week. Look at 64,000, if it doesn't break, turn around and go short. How many friends have followed my idea? And how many friends have missed this wave of short positions?
In the face of absolute strategy, everything can be put aside. One or two days can be said to be luck, but long-term stable performance is absolute strength! Needless to say, the market situation during the day was unilateral. After a slight rebound, it was suppressed by short sellers. In the afternoon, the entire network publicly reminded short selling again. The pie was eaten by 1,200 points again. Friends who followed could not even think about flying. As far as the current trend is concerned, the short position is too strong, so just follow the trend in the market outlook.
The weak structure of the daily line is still the same, with the trend of consecutive negative declines, and does not give the bulls a chance to counterattack. The current currency price once again closed the line at the negative K, and once again refreshed the recent low, and as the lows continue to give , then the market sentiment is already dominated by shorts. As the Bollinger Bands indicator opens and the currency price continues to extend downward along the lower track, we should still pay attention to the continuation of short positions in the short term. In the 4-hour chart, the Bollinger Bands opened downward, and the K-line continued downward, giving no chance for a rebound. The current price comparison is also running around the lower track, and there is a demand for further downward continuation. The technical indicators are all looking towards the short side, so A slight rebound in the market outlook can be bearish.
Thursday morning suggestions: The market rebounded and the 57700-57900 area is empty. The target is around 56000. Ether rebounds in the 3135-3150 area, and the target is around 3030
It's still the same sentence. I looked at it again hesitantly, and I saw that the person above me was doing the seal script, and said that if you don't come, I won't be able to help you seal the script. $BTC $ETH $BNB #美国首次申领失业救济人数超出预期 #非农就业数据即将公布 #Mt.Gox将启动偿还计划 #币安合约锦标赛 #德国政府转移比特币
It’s numb, it’s numb! ! ! In the afternoon, short selling ideas were given again, looking at 57500 Another 1,200-point loss How about the friend who bought the bottom?
Whether you hold BTC, ETH or BNB°, take three minutes to read this!
Nine things not to do after financial freedom in the cryptocurrency circle°.
First, don't let people around you know that you are trading in cryptocurrency°. There are many reasons, and those who understand will understand.
Second, don't let others know how much money you have made. Don't post profit charts and asset charts to avoid unnecessary trouble.
Third, don't post your rich life in the circle of friends. Except for your closest relatives, no one wants you to live well. Showing off can easily lead to jealousy.
Fourth, after acquiring a large amount of wealth, keep a distance from the people you knew before. After many cryptocurrency bigwigs achieved financial freedom in the bull market in 2013, 2017 or 2021, the first thing they did was to resign, and they never went to work again. The second thing is to delete all the people you knew before.
Fifth, don't touch gambling and drugs. Gambling will destroy people on the psychological level, and drugs will destroy you on the physiological level.
Sixth, don't call people stupid, harmony is the most important, getting angry affects your fortune. Stay away from trashy people, stay away from people who consume you, if you encounter disagreements, just block and delete them, and it's a waste of time to say one more punctuation mark.
Seventh, don't take the initiative to do good, don't pity anyone, let go of the complex of helping others, and respect the fate of others. Just do your best, and let the rest take its course.
Eighth, don't invest in areas you are not familiar with, people can't make money beyond their cognition.
Ninth, resolutely don't touch physical entrepreneurship, unless you enjoy it, not for the purpose of making money. In terms of the current economic environment, physical entrepreneurship is a life or death $BTC $ETH $BNB #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 #币安合约锦标赛 #ASI代币合并计划 #MiCA
No. 7.4 Bitcoin and Ethereum afternoon thoughts sharing: God accurately gave 60500/3315 short position in the morning
Effort requires a lot of courage, laziness only needs an excuse, shocks require a long period, and unilateralism only requires an instant breakthrough. In the face of absolute strategy, everything can only stand aside. Bitcoin's morning plunge was really satisfying. The overall pie fell by 2,700 points, and Ethereum also fell by 150 points. The morning article clearly states that the market is short around 60500 and Ether is short around 3315. We will directly take the market at 2500 points. For those of you who are interested, I think this wave is enough for you, right? The current short trend is strong, and the trend will continue to be bearish in the future.
Judging from the current market situation, the market rebounded quickly after the decline. The multiple attempts to test the 59200 line were blocked. The rebound energy in the short term is obviously weak, so the bears still have the need to explore further. Looking at the 4-hour chart, the K-line has been in a continuous downward trend. Although there was a rebound after falling below the bool lower rail, it was insignificant under the short trend and had no impact on the overall trend. So under the current trend, we follow the trend. Just do it.
Thursday afternoon suggestions: The market rebounds and is short around 59,300. The target is around 57,500. Ether rebounds near 3220 and is short, the target is around 3100
As long as there is sunshine in your heart, you will not despair in adversity. If you are not good at Feng Shui, you can change your Feng Shui. It may be a little different. You will understand! #美国首次申领失业救济人数超出预期 #非农就业数据即将公布 #Mt.Gox将启动偿还计划 #ASI代币合并计划 #MiCA $BTC $ETH $BNB
Bitcoin and Ethereum’s morning thoughts on Thursday, July 4th: The rebound is weak and continues to be bearish.
There is no problem that a wave of trends cannot solve. If it does, then your hole is too big or you are not confident enough. Remember, never bloom in the season when it should not bloom! Good morning, friends! Bitcoin started yesterday's morning trading, first fluctuating and rising around 62,300, and then retreating under pressure. The overall trend was a unilateral downward trend. Every time it hit the low point, it moved downwards. In the early morning, it dropped again, and the price even fell to the 59,400 line. , the intraday high to low of 2900 points fell, I guess a lot of friends must have benefited from it. The current price comparison is running around 60200, and the short-term short-term pressure is strong on the long-term, so we are still bearish on the market outlook.
Judging from the technical structure of the daily line, it is an obvious weak trend at the daily level. Since the double top suppression, the market has continued to maintain a weak downward trend. The K-line is mostly dominated by negative lines, forming a continuation of short positions, and The lows are also moving downwards, and the moving average indicators are also extending downwards. The bulls are giving signals of rebound corrections, and there is no substantial rebound action.
The downward trend on the 4-hour chart is very obvious. After each new bottom appears, there will be a rebound correction and then continue to go lower. This is also a normal move in the downward trend. There is no reversal signal in the short-term trend, so the operation will follow the trend. Just participate! Continue to go short after a slight rebound.
Thursday morning suggestions:
Bitcoin is short near 60500, look at the area around 59000
Ethereum 3315-3325 area is empty, look at the 3200 area
The cake is only so big. Only by trusting each other can we achieve a win-win situation. Only by working together can we go further! Come with your heart, surprises are just around the corner. $BTC $ETH $BNB #美国首次申领失业救济人数超出预期 #非农就业数据即将公布 #Mt.Gox将启动偿还计划 #币安合约锦标赛 #ASI代币合并计划
In the afternoon, short selling ideas were clearly given My friend on 叏shang won again at 1100 points. I just want to ask if you feel comfortable eating this time. Just follow the train of thought and pick it up, why are you still hesitating? #非农就业数据即将公布 #ASI代币合并计划 #Mt.Gox将启动偿还计划 #MiCA #VanEck提交首个SolanaETF $BTC $ETH $BNB
Sharing of thoughts on Bitcoin and Ethereum in the afternoon on Wednesday, July 3:
The most precious thing is not how good you are now, but that every day in the future will get better and better after hard work. Bitcoin rose strongly on Monday and the price rose all the way to the 63,800 line. After multiple attempts to test 64,000 failed, it fell back, but the amplitude was not large, and then fluctuated and adjusted. After Lao Bao's speech yesterday, the market plummeted, and the price directly fell below the support of 61,000 and came to 60,600 to stop the decline and rebound. The market is currently running around 61,000. It can be seen that the short-term structure has reversed. Since the rebound is weak, the operation is mainly based on the kong.
From the current daily level, the market has risen in the short term and then fell back. The upper resistance of 64,000 is strong. In terms of overall structure, it has a short-term rebound correction in the weak market. The amplitude of the decline after the correction is also the abdomen of the previous increase. The daily line closed again with a negative, and the short-term short-term momentum is also strong. Pay attention to the continuation of the short-term action. On the 4-hour chart, the K-line continues to decline, and the price ratio has stepped down from the upper track, and is currently supported near the lower track. The short-term bearish trend is obvious, and the rebound of the market needs to be noted in the future. Pay attention to the suppression of the 61500 line above. If it fails to break through and continue, you can participate in the high altitude around this area!
Wednesday afternoon suggestions:
Short in the 61300-61500 area of Big Cake, look at 60000
Short in the 3380-3400 area of Ether, look at 3250
Success has no fast lane, happiness has no highway, all success comes from unrelenting efforts and running, and all happiness comes from ordinary struggle and persistence. If the Feng Shui treasure land is not good, it must be changed!
Some things don't persist until you see hope, but only when you persist will you see hope. Bitcoin's white market trend today was relatively stable with small fluctuations. Until Lao Bao finished his speech in the evening, the market plunged out of a drop of more than a thousand points, catching the bulls off guard, and then the market fluctuated. Yesterday afternoon, the price was 62,600, and high-altitude thoughts were also given in the evening. One long and one short closed a total of 1,300 points. Friends who are into rhythm should also try it.
First order: 62,600-63,100 yuan, get 500 points
Second order: 63000-62200 short, take 800 points
The entire network openly calls for orders, and there is no hindsight. Those who wait and see keep watching, but those who take action are already one step ahead. This circle never lacks continuation, but only lacks people who know how to seize opportunities.
Whether the president of the next U.S. election is Trump or Biden will have a major impact on the currency circle:
Trump takes office: Friendly regulatory environment: Trump has an "open attitude" towards cryptocurrencies and may continue to relax regulations. Loose monetary policy: Trump advocates low interest rates and loose monetary policy, which is beneficial to safe-haven assets such as Bitcoin. A weaker dollar: Trump prefers a weaker dollar to boost exports. Geopolitical tensions: Global trade frictions intensify, risk aversion increases, and Bitcoin benefits. Trump's taking office: Good for Bitcoin. Loose policies, a weak U.S. dollar and political tensions have boosted demand for Bitcoin.
Biden takes office: Strengthen supervision: The Biden administration is inclined to strengthen cryptocurrency supervision, and the SEC and the Treasury Department will increase supervision. Tightening of tax policies: Biden advocates raising capital gains taxes and taxes on the wealthy to increase the tax burden on cryptocurrency investors. Stable monetary policy: Biden supports a prudent monetary policy and gradually tightens it, which may put pressure on Bitcoin prices. The U.S. Dollar is Relatively Stable: The Biden administration’s preference to keep the U.S. dollar stable could undermine Bitcoin’s safe-haven appeal. Biden takes office: Tighter regulations, tighter monetary policy, and dollar stability could weigh on Bitcoin.
First it was dizzy and then it was empty, and it was 1300 points after a round trip. In the afternoon, the entire network publicly announced the current price of 62600 After buying 500 points at night, I went short with my backhand. The next wave of insertion is another direct sales of 800 points.
Bitcoin prices continued to fluctuate upward in early trading, with small fluctuations. The price fell back after touching around 63300. In the afternoon, the market continued to fall below the short-term support line of 62500, but did not go too far and continued to stop falling and rebound at the 62400 line. It can be seen that The strength of the short-term retracement is still weak, and the upper line of 63800 has been tested multiple times but failed to break through. Then the strong short-term structure has invisiblely evolved into a box structure, so the operation is to participate in high altitude and low long positions.
Looking at the market, the 4-hour chart showed a strong rise and then fell back. It found support for the first time below and then rebounded again. However, the strength of the rebound was also limited and did not break through the previous high. As a result, there was a retracement action. Neither bulls nor bears were able to do so in the short term. The breakthrough continues and the market is running within a range, which is in the 62200-63800 area. Then sell high and buy low before there is an effective breakthrough in this area.
Tuesday night suggestions:
Bitcoin is near 62500, look at the 63500-64000 area, if it fails to break through effectively, you can go short, look back at 800 points
Ethereum is near 3430, look at the area of 3500, if it fails to break through effectively, you can go short.
Sharing of morning thoughts on Bitcoin and Ethereum on Tuesday, July 2: Find short-term support below and continue to do so
Every effort is for a better future. Don't be afraid of failure and be good at learning from failures. Let us move forward bravely towards a better tomorrow.
Yesterday, Bitcoin had a strong rise in the morning. After the price reached the 63800 line, it did not continue to rise. Instead, it fell back after encountering resistance. After several dips, it stopped falling in the 62500 area and rebounded again. Until the early morning, the market price was again at the node. It surged higher, but still fell back under pressure in the 63800 area. The price comparison is currently running around 62900. In the short term, the market surged higher and fell back, running in a roundabout way. However, according to the trend, bulls are still dominant, so the retracement will be bullish in the market outlook. Can.
In yesterday's operation, before the market, the whole network also publicly reminded the long-term thinking, and the market trend also rebounded as expected, which perfectly verified the idea. During the day, Zuoduo's bullish position fell to 2950 points for three consecutive rounds, which can be said to be a perfect ending, easy to grasp. 🤏🏻!
In terms of the market, the 4-hour chart has seen back and forth into the local 62500-64000 range. The short-term has repeatedly detoured, temporarily falling into a pause and shock correction. Although there is a retracement, the continuity is not strong. It is still regarded as a callback correction in the bullish trend. The upward trend has not been fully integrated, and may be accompanied by a correction and then repeated highs and declines. Usually the end of a trend will be accompanied by repeated trials. Focus on the support of 62500, and the resistance above 64000. If it fails to break through effectively, it will temporarily run within the range in the short term. In terms of operation, the range will be temporarily maintained at high altitude and low, and the general direction remains unchanged.
Tuesday morning suggestions:
The market is in the 62800-62500 area, and the target is 64000. If there is no effective breakthrough, we can look back at 800 points.
The second pie is in the 3430-3410 area, and the target is 3500-3550