#Tâmlýthịtrườnghômnay $BTC
Bitcoin price down 1 altcoin down 10. Maket is scary.

$CITY dip of dip

#bitcoin #TopCoinsJune2024 #binance #btc **The United States is under great pressure. Will the June Fed be a turning point ⁉️⁉️

1. Estimated Q2 GDP is down to 1.8%, from 4.1% to 1.8% is also quite worrying**

2. The current decline in interest rates on US bonds shows the market's expectation of an early interest rate reduction by the FED

3. May's core CPI and core CPE also decreased compared to April, and also ended 3 consecutive months of increases in consumer inflation indices.

4. First week of June,. announced that purchasing management PMI data has decreased compared to before, moreover, reports on JOLTS and ADP - data on the job market have also decreased relatively, showing quite clearly the gradual weakening of the economy. current economic situation.
5. Unemployment % in June increased to 4.0%. However, it is still within the FED's permission of below 4.1%.
6. Currently, the number of problem banks on the brink of bankruptcy accounts for 1.4% of all banks, which is within the normal range for non-crisis periods of 1% to 2% of all banks. bank.
📊📊Based on the above analysis, there is a basis to judge that everything is almost on the brink, even the number of banks having problems is 1.4%. Although the FDIC says 1-2% is considered normal at this time, it can be seen that these bad indicators can easily increase rapidly at any time in the near future, causing The market has a very high possibility of falling into a great recession like in 2007-2008. So the Fed's decision is extremely important this June.

$CHESS Price increase #chess

$BAR Allowing margin trading makes a few coins like $CITY no strong push😞

$BAR The thrust of this fantoken is too weak. 🥴

#hotTrends $BNB $BTC $ETH
Hot! Can Bitcoin decrease? If reduced, here is advice to average DCA prices effectively and minimize risks:
1. Choose small coins, some top or mid-low coins that tend to grow in the future, avoid surveillance coins, ineffective projects, long-term inactivity and pay special attention to capturing them. economic market financial news.
Choose a platform with reputable and reliable liquidity, cold wallets, and hardware wallets with good security.
2. DCA Average price is cyclical, so you must gradually buy the price support area that has the ability to reverse long-term on the weekly and monthly frame in terms of both price and time.
3. The amount of capital to buy is guaranteed for a long time, even if it's small, it's okay to deduct a little bit every month and every quarter. Don't borrow for any reason to invest.
4.Monitor price fluctuations if you intend to buy more than the planned amount: You should not rush to buy more when you see a downward price trend or any other reason. Calculate the appropriate quantity and purchase price to avoid losses.
5.Do not ignore market movements: Investing under DCA does not completely eliminate risks due to market fluctuations. You should still pay attention to information and changes in the market to make appropriate adjustments.
6. Don't buy too much at one price: When seeing the price drop low, many people will take the opportunity to buy a lot to get a good price. However, you cannot know what will happen next. It's best to still follow the original DCA strategy.
7. Determine in advance the unbearable 5 to 15% risk threshold (emotional stop loss) to plan.

$BTC $ETH $BNB #hotTrends Altcoin, is Bitcoin likely to increase strongly after halving?
The period 2017-2018 was a time of disillusionment after the FOMO game. The main technology is POW, dominated by miners and coin miners on the market. The form of mobilization and investment at that time was mainly through ICO venture capital crowdfunding projects. Many investors have made huge profits from ICO and multi-level capital investment, but many people have gone empty-handed from this form. At this time, SCAM scam projects have appeared. Not only individual investors but also funds lose money with the FOMO game. This is the early stage of the crypto market.
The 2019-2020 period is a time of transition. During this period, a number of DeFi projects appeared. However, the game has slowed down, there is no longer the FOMO effect, ICO capital calls have decreased and shifted to IDO and IEO forms. In 2021, projects focus on Layer1 (the main layer platforms of Blockchain), NFT, GameFi, Metaverse and Web3
By 2021, there will be an important transformation of the crypto market with the key technology being POS, ending the game for coin miners, of which Solana is a representative project. After the excitement of Layer1 is the appearance of NFT and GameFi games during the Covid-19 period.
It can be seen that the crypto market has witnessed many different trends, including many hot trends such as DeFi, GameFi, NFT, Metaverse. This trend appears, develops, peaks, dies and new trends are created.
Moving to the period 2023-2025, the period is about to explode. The period 2023 is the bottom cycle of crypto and general finance BTC ETF is approved as clear evidence that the market needs transparent liquidity.

#hotTrends $BTC $ETH $BNB Crypto can continue to increase or decrease after halving?, banks can cut interest rates in May and June. Or sell in may go away.
On the 21st local time, the New York stock market once again closed at an all-time high. Confidence is reviving as the Federal Reserve continues to cut interest rates three times this year.

After the FOMC meeting, Citibank said: “After the first rate cut in June, the Federal Reserve has cut interest rates at each meeting and maintained its forecast for a 125 basis point rate cut. later this year. Labor market strength continues, it will cut at least 75 basis points." emphasized.

Not only Wall Street but also central banks around the world predict the Federal Reserve will cut interest rates in June.

The Swiss Central Bank made a surprise interest rate cut after the FOMC, becoming the first major bank to do so, and the Bank of England froze interest rates, but it was reported that no lawmakers proposed increase.

Accordingly, the industry started to react that not only the US but also the European Central Bank and the Bank of England would cut interest rates in June.

#hotTrends $BTC $ETH $BNB
Is Bitcoin likely to adjust in preparation for halving?
The BTC monthly chart is starting to show worrying signs for the bulls. Bitcoin is currently trading halfway below the month's range, currently at 66,538. As we are approaching the end of the month, this means the month could end weak on the monthly chart. Certainly, that becomes more likely if we see a deeper retracement.
That would suggest there could be a longer period of retracement or consolidation before Bitcoin is ready to trend higher again. However, that scenario could change with a daily close above 68,934. A daily close above 68,934 before the new retracement low, shows strength and raises the possibility that the 38.2% retracement could complete the correction.

#hotTrends $BTC $ETH $BNB Warning: Bitcoin could correct strongly
Bitcoin completed the 38.2% Fibonacci retracement yesterday with an intraday low of 60,771. That low also bounced off the internal uptrend line. So, this means the uptrend could continue from here if Bitcoin does not fall below 60,771.
The 50-day moving average is behind the 20-day moving average
Furthermore, consider moving averages. The 20-day MA was broken during the retracement, and the area around the 20-day has acted as resistance since it fell below it on March 19. This means the trend is The next downward trend may be imminent. When a moving average is broken, the next one in the series becomes the target. The 50-day MA is down at 57,177. If achieved, it would also place Bitcoin below the internal trendline.
Adjustable following 87.5% increase
Given that this correction comes after a relatively quick 87.5% gain, it would not be surprising to see Bitcoin fall a bit more before the correction ends. The 50% retracement level is 56,168 and the line The second trend also identifies potential support around the 50% level. Remember, last week's candle showed indecision and a possible top. On Tuesday, the weekly reversal was triggered when gold fell below last week's low of 64,505. Below the 50% retracement is the 61.8% Fibonacci retracement at 5,998. Note that the second internal uptrend line will be broken at that point, leaving the full uptrend line from October

How much will Bitcoin adjust????
To date, Bitcoin has corrected 17% from its peak. Currently, holders have made huge profits from the bottom of the downtrend, so the adjustment is to reduce the heat to move up to the new cycle. Everyone should be careful like dumps and dead cat bounces to create momentum for bitcoin to go up. even higher level. The higher the profit rate, the greater the risk. BTC can reach even higher prices when the halving event is just a few days away; The attention of the SEC and Fed to cryptocurrencies and ETF approval to receive purchases from shark funds creates future momentum for Bitcoin. Gradually, along with gold, bitcoin is also a type of investment that investors pay attention to avoiding inflation.
For reference, looking back at this history, if possible, the largest correction in this bullish cycle could be 27%.$BTC $ETH $BNB #hotTrends

#hotTrends $BTC $ETH $BNB 1. During the 2016 and 2017 bull markets, the width of Bitcoin corrections was the same as the first chart, and correction periods ranged from as little as 2 weeks to as long as 1 month.

2. The adjustment period has been going on for two weeks and the FOMC announcement, which hinted at the possibility of three rate cuts by 2024, has led to a strong recovery in both the stock and market markets. electronic money.

3. If interest rates fall and markets are revived before a sharp economic downturn like the economic crisis occurs, then the cryptocurrency market is also likely to receive upward momentum.

In the event of a strong recession/economic crisis, the unemployment rate in the US will most likely increase, but if we look at the chart (blue), we can see that the unemployment rate in the US has almost bottomed out at the same level. and is moving horizontally.

The bottom line is that it is unlikely that a 2008-level economic crisis will occur before the rate cuts begin.

$ETH $BNB #hotTrends $BTC Bull and bear, two large and ferocious animals, seemingly unrelated but represent two completely opposite trends in the financial market. A bear market, also known as a bear market, reflects a market trend, when investors sell off. On the contrary, the bull market, also known as the bull market, represents an upward trend, a time when investors "splash money"  to buy.
So, why have these two animals become mascots representing two major trends in the market?
There are two hypotheses that help answer this question. One of them originates from the 18th century, involving a proverb, a British stock market scandal and a poem. Meanwhile, the remaining hypothesis comes from the way these two animals attack their opponents.
Bear first, crawl later
When facing an opponent, bears often lean up and use their front legs, with sharp claws, to attack from above (representing the downward trend of the market). In contrast, a bull often lowers its horns before swinging them back up (representing the market's upward trend).
Let's start with the "bear" market. According to Merriam-Webster, the mascot representing the downward trend in the market appeared first. This term is shortened from the word "bear's skin", commonly used in the 18th century, referring to the act of buying stocks speculatively without being based on fundamental grounds.
This word appears in the idiom: Don't sell the bear's skin before you have caught the bear

$BTC $ETH #hotTrends When there is cash flow from BTC ETF, the market trend fluctuates according to stock and gold prices, showing that the scale of cash flow pushes the rotation from capital flow to.
BlackRock's Bitcoin spot ETF has seen trading volume spike to a record high. BlackRock Bitcoin Trust (IBIT) is the largest and most liquid Bitcoin spot exchange-traded fund with over 238,500 Bitcoin, worth a staggering $15.63 billion.
Just recently, IBIT's daily trading volume hit a record high, surpassing the $10 billion mark.
Is this a one-time event?
The answer seems to be no because according to data from The Block the total volume has passed a major milestone, reaching $151.4 billion. This sustained increase in institutional participation indicates a long-term trend that has the potential to significantly impact Bitcoin's future trajectory.

For Bitcoin, an important development was the recent climb of the RSI above the key 50 mark on the 4-hour chart. Historically, a breakout at this midpoint after a bounce from oversold territory has often been preceded by significant upward movements. Data shows that in similar situations, Bitcoin increased on average by more than 20% in the following weeks.
In addition to the RSI, Bitcoin price bounced off the 200-period exponential moving average (EMA) on the 4-hour timeframe, perfectly aligned with the $60,000 support level, which adds to the confluence. This widely followed moving average has served as reliable support during previous Bitcoin price uptrends.
$BTC $ETH #hotTrends .
Personal opinions are not investment advice.

The pressing question now is whether Bitcoin can muster enough buying pressure to challenge its current record high around $73,835.
After plummeting 17% from its all-time high, Bitcoin price has recovered near the key psychological level of $60,000. This resurgence has reignited hopes that the bullish trend may still be in force.
The $60,000 price level has now solidified as a key support level that could prevent any further sell-off from spiraling out of control. As long as Bitcoin maintains its position above this threshold, the overall bullish momentum remains. original.
The pressing question now is whether Bitcoin can muster enough buying pressure to challenge its current record high around $73,835.
Bounces off key support levels like $60,000 often create opportunities for invigorating rallies, although the extent of future corrections is uncertain.$BTC #hotTrends
However, technical indicators on higher timeframes are flashing fresh bullish signals. The relative strength index (RSI) on the 4-hour chart has broken above the 50 average, traditionally seen as signaling the presence of bullish momentum. On-chain data and derivatives metrics are also hinting at continued upside potential for the leading cryptocurrency.