1. TEL founder Pavel was released on bail of 5 million euros, but is prohibited from leaving France. He has been formally prosecuted by a French judge. If he can leave safely in the future, it will be a great boon for the TON ecosystem. At that time, the leading meme $DOGS of the TON network will fly higher.
2. Last night, Nvidia's financial report, which attracted global attention, was released. The second quarter revenue was 30 billion US dollars, a year-on-year increase of 122%, exceeding expectations, but the third quarter guidance is expected to grow by up to 83%, the first time in six quarters that it has been less than 100%. After the release of Nvidia's financial report, the stock price rose first and then fell. For the market, it is always speculation on expectations. For the future growth expectations of Nvidia, the market believes that it is lower than expected.
3. OpenSea received a Wells notice from the SEC, threatening to sue us because they believe that the NFTs on our platform are securities. OpenSea responded: The SEC believes that NFTs are securities, and the platform will provide $5 million in legal aid to NFT authors.
4. Big news! $DAI officially joins the ranks of minting $AO, and will start the reward mechanism on September 4. @aoTheComputer officially announced that it supports users to bridge $DAI assets to the AO network to participate in minting and earn $AO tokens. This is the first stablecoin asset to participate in minting.
[Market Analysis] The Bitcoin market has re-entered the bottom support test stage. Although it was supported near 58,000 yesterday, the support was very small and almost negligible. From August 9 to now, Bitcoin has been fluctuating in a large range at the 4-hour level, and is currently hovering at the lower edge of the fluctuation. The market is still the same as before, with the copycat meme flying, and the on-chain transaction volume is actually quite active. I would rather play lottery with 10U than return to CEX. However, with the iteration of the Bitcoin ecosystem in September, there may be some changes. Let's wait and see. [Risk Reminder] Digital assets fluctuate greatly and the risks are extremely high. Please participate with caution, avoid full warehouses, and refuse loan leverage;
To trade in cryptocurrencies, you need to have the mentality of a renunciate, no desire, no greed, you can make money on both long and short positions, the cryptocurrencies are mostly sideways or fluctuating, small coins only gain plus or minus 3 points each time, big coins, ether gain 0.7-1 points each time, especially when many people don’t have bullets to support, don’t even think about gaining a big profit at once, as long as you have a salary every day, you will make the most profit, eat one bite at a time, and take one step at a time Follow me~ I will help you realize passive income#策略参考 #心态决定结果 #BNBChainMemeCoin
Cake must be configured, configured below 1.8, Binance Chain leader, stop loss 1.76, Zhao Changpeng will definitely hype up when he comes out #CAKE.智能策略库🥇🥇 #赵长鹏 #策略参考
The crypto market is in a mess again today Is it a chain reaction caused by the arrest of Telegram? I opened Binance and saw that my holding costs were basically cut in half. I wonder if BTC will break through $100,000 by this time next year? When I saw the price of BTC at more than 20,000 at the beginning of last year, I made a decisive move, but many people were indifferent, wondering when the market would pick up. Before I knew it, the price returned to $60,000. I wonder if you regret it.
Good morning, brothers. The market has fallen below $60,000. What do you think now? This round of the lowest drop was $50,000, and the highest rebound was $65,000, an increase of 30%.
From the on-chain data, (1) Not much BTC flows into the exchange (2) Stablecoins maintain their stock in the past few days, and there is no large outflow from the exchange
This round of decline is a profit-taking of bargain hunters
In addition, the selling pressure in Mentougou continues to increase, and the selling pressure is constantly increasing
If there is no other negative news
BTC should be able to stay around $58,000-$59,000
It has been sideways around this price for half a month and has strong support
Think about this logic clearly: dog dealers always want to make money
50,000-55,000 dog dealers have re-arranged their positions, and they must cash out at high levels
Hold the coins patiently, don’t sell at the bottom
It will take some time to wear out the selling pressure in Mentougou
It will take at least half a month
It may last until mid-September
The PCE data will be released on Friday.
If it is positive, there should be a small rebound
The currency circle has happened early🥇🥇🥇2024-8-28 Analysis of the trend of big cake and second cake, the code of wealth, the ambush points of long and short...
BTC 4-hour K-line trend: Pressure level: around 61765~63043 Support level: around 56142~57859
ETH 4-hour K-line trend: Pressure level: around 2546~2691 Support level: around 2228~2345
Bitcoin 4-hour K-line cycle fell in large volume, the K-line fell below the bottom channel of the wedge, and the KDJ indicator fell below 20 to enter Oversold blunting falling space area; 6-hour, 12-hour, and weekly K-line cycle MACD indicators are all rootless water patterns, and prices have a need for correction. In the later period, prices continue to be bearish. In the small cycle of 15 minutes and 30 minutes, the price rebounds to the Bollinger middle track or pressure level, and you can make a profit by shorting with a light position, and quickly enter and exit when you see a good opportunity (contract thinking); Short-term operation thinking: When the price pulls back to the important support level marked above, lightly hang long orders to enter the market (spot thinking);
Investment is risky, and you need to be cautious when entering the market. The above analysis is for reference only! You can also make some corresponding layouts of altcoins based on the linkage effect of Bitcoin!
A year's plan lies in spring🌹 A day's plan lies in the morning💰 Follow "Early occurrence of the currency circle"🥇No longer get lost in the currency circle Your "like + attention" is my greatest encouragement, thank you! #BTC#ETH🔥🔥🔥🔥 #大盘走势难测 #比特币走势分析
According to the news, the probability of the Federal Reserve cutting interest rates in September is 68%. This data is still changing. Compared with yesterday, this probability has increased significantly. It is still the same. What is worth paying attention to at present is that either this probability falls below 50%, or the probability exceeds 80%. In this case, it feels that this data will cause market fluctuations.
The current price of Bitcoin is around 63,000. Before the close of yesterday morning, the price made a wave of upward breakthroughs, but failed to break through successfully. Then the price started a downward trend, and then it also fell below the bottom support of the short-term oscillation range, that is, the position around 63,500 was broken. The lowest price fell to around 62,600. According to the current situation, the price may continue to fall.
From the perspective of K-line, the current most critical bottom support will be around 61,800, and it is very likely to continue to pull back to this position today. This position was a very important support and resistance exchange point before. The market has not been able to break through this place when it was oscillating before. It is a neckline position of multiple bottoms.
Then, due to the positive news from Powell's speech, the price directly broke through this position. Now, without the continued promotion of news, the market can't go up, and the callback has started. The callback is most likely to come to this position now.
If the price can continue to support it at this point, there is still a chance of rebound. However, if it is pulled back to such a position, so deep, the subsequent market trend may not be so strong, that is, the upward trend is not very strong, and the final result may be a fluctuating upward trend.
Hold the chips and wait for the wind to come!
Follow me to learn more about the currency circle. #BTC#美联储何时降息?
Brothers, before the market really rebounds, you must insert a needle. It is difficult to go up without a needle. When a long needle comes down and the volume is recovered, the market will stabilize. #BTC走势预测
Bitcoin fell back to the 6.3 support level. Which altcoins can be deployed now?
The market is full of uncertainty recently. As the Federal Reserve released a signal of interest rate cuts, Bitcoin successfully rebounded to above $63,000 this week, reaching a high of 65,000. The market began to show signs of recovery, but high volatility still accompanies it.
The most promising currency in the second half of the year
LINK: A bridge between blockchain and real data
LINK is a pioneer in decentralized oracle networks. Its core value lies in its unique function of introducing external real data to the blockchain, allowing smart contracts to interact with real-world events, prices, information, etc.
In an era when RWA (real-world asset tokenization) is increasingly valued, Chainlink ($LINK) technology is particularly important for institutions. Chainlink is providing companies and developers with solutions to the tokenization process, including the development of tokenization platforms, accurate data transmission, and on-chain identity assurance.
Despite a 0.3% drop in the past month, LINK's price has risen by 105% in the past year, indicating that the recent LINK price is still undervalued by the market.
MATIC: A powerful tool to solve Ethereum's scalability
MATIC is a layer 2 expansion solution designed to solve Ethereum's scalability problem. As the application scope of Ethereum expands, network congestion problems have gradually emerged, and Polygon has become a key player in the Ethereum ecosystem by providing faster and cheaper transaction processing methods.
Polygon is scheduled to upgrade its mainnet on September 4, 2024. After the upgrade, $POL will replace $MATIC and become the main token for gas fees and staking functions in the initial stage of the network. Polygon's actively expanding strategic partnerships and technological innovations show that there is still great potential for development in the future.
Since the beginning of the year, the price of MATIC has fallen by about 45%, but in the past week, its price has rebounded by more than 30%, indicating that investors are optimistic about the growth potential of $MATIC after the upgrade.
ALGO: Focus on security and scalability
ALGO is a member of the old public chain, known for its emphasis on scalability, security and decentralized proof-of-stake (PoS) consensus mechanism, with the aim of solving the blockchain's impossible triangle: speed, security and decentralization challenges.
In recent years, ALGO has actively participated in a number of innovative projects in the traditional financial field, including the development of central bank digital currency (CBDC), which can further consolidate its technical foundation and market position. As decentralized finance and traditional finance gradually intersect, ALGO has huge application potential.
ALGO has fallen 35% since the beginning of 2024. This is because the market still lacks awareness of its potential. Such underestimation has the opportunity to become a good opportunity for long-term investors.
Follow me to bring you more information about the currency circle.
What should I do if I get stuck during the transaction? Here are some tips to help me get out of the trap! [Follow! Reference! Application]
1. According to the position you hold
1. If you are a coin friend with a shallow order, you can use the rebound market to get out of the trap, or reduce your position when the price is high.
2. If you are a coin friend with a deep order, you can make a partial position opening operation at a high price or make up for the position to lower the average price, so that you can take the psychological initiative before the market comes.
2. According to the trend status of the purchased currency
1. If the purchased currency is in a downward trend, once the downward trend is confirmed and the trend has been formed, it is recommended to stop loss immediately, and you must not have illusions about gains and losses. Hesitation and hesitation may lead to deep traps in the future, which will eventually make it difficult to extricate yourself.
2. If the purchased currency is in a balanced oscillation trend, you don’t have to stop loss immediately. Wait patiently for the currency to enter the high position of the oscillation cycle. Once the trap is untied or the loss is small, you should decisively leave the market. 3. If the currency you bought is in an upward trend, you don’t need to stop loss. Hold it patiently for a period of time, and you will definitely get out of the trap and even have a greater profit potential. #BTC走势预测
1: The US Bitcoin ETF had a net inflow of 3,622 BTC, and the Ethereum ETF had a net outflow of 4,926 ETH. Among them, Grayscale ETHE had a net outflow of 50% on November 5. Now the Ethereum ETF has been in an outflow state for seven consecutive days. This is why Ethereum is so lagging
2: The leading Nvidia icon will release its second-quarter financial report on Thursday this week. The realization of good news is bad news. If it falls, the AI sector of the currency circle will also fall. You can stop profit in batches
3: Bitcoin has been trading sideways in a range for nearly 6 months. Bitcoin may break through the current range in early October 2024. By then, 30,000 bitcoins in Mentougou will be sold off, and everyone can be fully invested at the end of September
4: $CAT - Ten times in five days. In just 5 days, more than 13 exchanges rushed to list it, and its market value soared to US$200 million, becoming the most traded on BNB Chain in recent times Memecoin, Floki's official brand endorsement, probably the original team, focus on cat coins in the later stage
5: $LDO-Lido introduces on-chain delegation and representative incentive plan, with a total of $150,000 LDO, launched on September 19, Beijing time, and lasts until March 18, 2025 #BTC走势预测 $BTC
How to practice what you say and stop buying and selling randomly?
1: If you don’t have enough confidence to make money, you must control your positions, keep your positions, and prevent risks
2: Don’t have the illusion of getting rich overnight. Relying on time compounding, it’s awesome to double your money in a year, and you’ll be richer every year, instead of peaking this year and going downhill all the way
3: For those who can’t control themselves, find someone you recognize to work with for risk control. Who is responsible for currency analysis and who is responsible for order risk control? Each person is responsible for his or her own responsibilities, and one person can’t do everything
4; Determine a trading plan, for example: start fixed investment leverage when the price of Bitcoin falls by more than 20%, start leverage in batches when it rises by 100%, or trade in cryptocurrencies in the fourth quarter, and work hard to make money in other quarters to prepare for the layout in the fourth quarter
It is simply a "last supper" arranged by the market for the bulls. As the expected rate cut in September approaches, market sentiment is like a pot of porridge that is gradually heating up. In the short term, it seems to be full of fragrance, but in the long term, it hides an elusive and ethereal feeling. Once the Federal Reserve "waves" the banner of rate cuts, global asset bubbles will be blown up like balloons, and each one will expand to a dazzling size. The lion is building the bottom. This term, which sounds very domineering, is actually just an excuse the market finds for itself to "close with a positive sign". After all, it is not you who decides whether to buy at the bottom, but the market "Big Brother" who sets the tone. Once the expectation of interest rate cuts is fully digested, the market's upward momentum will quickly melt like summer ice cream, and a new starting point for decline will be ushered in - a spiral staircase-like decline that will lead the bulls step by step into the abyss.
If you want to make long-term stable profits when trading, you must know how to control risks. Here are some ways to control risks! [Follow! Reference!] 💹💹💹
1⃣ Divide your funds into 5 parts, only enter one-fifth each time, control the stop loss of 10 points, and only lose 2% of the total funds if you make a mistake once, and only lose 10% of the total funds if you make a mistake 5 times.
2⃣ Follow the trend. Every rebound in the downward trend is tempting to increase, and every decline in the upward trend creates a golden pit.
3⃣ Don't touch individual coins that have soared rapidly in the short term. High-level stagflation will naturally fall.
4⃣ Use MACD to determine the entry and exit points. The steady entry signal is that the DIF line and DEA go out of the golden cross below the 0 axis and break through the 0 axis. The signal for reducing positions is that MACD forms a dead cross above the 0 axis and runs downward.
5⃣ Never cover your position when you are losing money, but add positions when you are profitable. Volume and price indicators are also very important. Pay attention to the large-volume breakthrough of the currency price at the low level of consolidation, and exit decisively when the high-volume stagnation occurs. Only trade strong currencies with valuable upward trends.
6⃣Adhere to weekly review and adjust trading strategies in time. #BTC☀
Paying attention to these 4 cryptocurrencies can bring you huge returns.
Pay attention to potential currencies, which may usher in rising opportunities during the Bitcoin shock. There are potential altcoins worth watching right now that are poised to soar in the bull market.
XLM XLM is currently trading around $0.10, with a 7.18 % price increase over the past week, and if the market’s upward trend continues, the price could climb to $0.111, a 12 % increase.
ABT ABT has risen significantly recently, showing strong market demand and positive investment sentiment. The 25% increase in 24 hours and the 48% increase last week indicate that buying is active in the short term, driving up prices. The year-to-date gain of over 810% is further evidence of a positive long-term trend.
ABT is currently trading at around $2 and may see some upward price momentum in the short term.
POPCAT POPCAT is currently trading around $0.765, up 82.86% over the past week despite experiencing a 3% correction in the past. If the market maintains its bullish trend, the price could retest the key $1 resistance level (peak).
SOL SOL recently surged 12%, breaking through $160 and setting a new two-week high. Currently, SOL is trading around $159.5, which shows strong bullish momentum. Overall, as long as SOL remains above the 100-day moving average, further upside potential is worth looking forward to.
Follow me to bring you more currency information. #BTC#sol