🔍 Insights from independent financial analysts 🔍 🚀 Join me on my journey of thinking, challenge mainstream thinking, and discover real market opportunities! As a market truth revealer and risk management expert, I oppose the Fed's rate cuts and mainstream views, and am committed to providing unique insights in complex financial markets. 📈 In the current #加密货币新纪元 , there are huge profit opportunities. Through in-depth analysis and precise risk assessment, we can jointly discover those precious opportunities that are ignored by the market. 👀 Follow me, go upstream together, seize the undiscovered value of the market, and realize profits! 💡 #投资策略 #美国7月非农就业增长放缓 #独立思考 #市场机会
Although Bitcoin has shown strength recently, the overbought signal of technical indicators and the proximity to key resistance levels are creating opportunities for short selling. Our strategy is to wait for a failed breakout at $68,000, gradually build positions at high levels, pay attention to changes in trading volume and market sentiment, and ensure maximum profit margins when the market pulls back.
Key short selling point: $68,000
Short-term target: $63,000
Risk control: Stop loss is set above $69,000 and gradually adjusted as it falls
What do you think? Are you ready to follow the strategy to short sell? Feel free to tell me your opinion in the comments section!
[Is Bitcoin about to explode or collapse? Why is the rise so slow? ]
Brothers, does the recent rise of Bitcoin make you a little anxious? Obviously the technical side is bullish and the market sentiment is good, but the price is hovering around $65,000. Can it rise to $68,000 or even higher? Or are the big guys ready to start harvesting and the price is about to pull back?
1. Why is the rise slow?
1. Technical indicators are blunted at high levels: KDJ and RSI indicators are both at high levels, and the market is already in an overbought state. Although the bulls are strong, the willingness of funds to enter the market may decrease in the high area, resulting in a slowdown in the rise
2. The market is in a wait-and-see mood: Investors are waiting for clearer direction guidance, especially before the key resistance level, both long and short sides are more cautious, resulting in less price fluctuations.
3. Influence of macro factors: Recently, global economic data and policies have changed frequently, and investors are watching the next move of the Federal Reserve and the linkage effect of the global market
2. Can Bitcoin rise to $68,000?
1. Technical support: If Bitcoin can effectively break through the current resistance level, the trading volume will increase and stand above $66,000, and continue to rise to $68,000.
2. Funding support: If institutional funds and main funds continue to flow in, the upward momentum of Bitcoin will be further enhanced.
3. Still ready for a pullback?
1. Technical indicator divergence: If KDJ and RSI diverge at high levels and the price cannot break through the key resistance level, the risk of a pullback will increase.
3. Macro risks: Factors such as global policy changes and regulatory risks may lead to increased risk aversion in the market and suppress Bitcoin prices.
Although the current trend is slow, there is no obvious peak signal. You can continue to pay attention to the breakthrough of key resistance levels.
[Global financial assets exploded! What conspiracy is hidden behind the Fed's interest rate cut? ]
Brothers, as soon as the Fed cut interest rates, the global market was like a shot of chicken blood. Bitcoin broke through 65,000, gold hit a new high, US stocks continued to rise, and even China's A-shares suddenly exploded because of the policy! Is there a conspiracy of the banker behind this? Today we will analyze this phenomenon and find out the real reason behind it.
First of all, we have to admit that the Fed's interest rate cut is indeed a loose market fund, which has brought about a general rise in asset prices. This is a typical market reaction. Bitcoin, gold, US stocks, A-shares, etc. have become their first choice.
But is it really that simple behind this?
1. The conspiracy of the banker: creating the illusion of prosperity? The Fed's interest rate cut itself is a very strong positive signal. With the rise in global asset prices, it is entirely possible for the banker to take the opportunity to create the illusion of prosperity and attract more retail investors to enter the market for harvesting.
2. Policy "joint action": tacit cooperation of central banks of various countries Have you noticed that it is not only the United States that is cutting interest rates, but also the central banks of major economies such as China, Europe, and Japan are also adopting loose monetary policies. This "tacit understanding" may not be accidental. The global central banks are jointly releasing water. Is this synchronized action preparing for the next financial crisis? Or is it to deal with some deeper financial risks?
3. "Coincidence" of market capital flows Bitcoin, gold, US stocks, and A shares are almost rising at the same time, but is the capital flow between these markets really a natural flow, or is it deliberately guided by some big funds? Especially in the case of a sudden explosion of A shares, is there an influx of foreign capital, and then wait for the opportunity to ship at a high level?
How to deal with this phenomenon?
We must always stay awake:
1. Find targets with actual value and growth potential, and allocate assets reasonably
2. Risk management: Set a good stop loss
3. Diversified investment: Don't put all the funds in the same basket, maintain the diversity of the investment portfolio
[Bitcoin is about to explode? The Fed's big rate cut + key economic data are about to explode the market! ]
After the interest rate cut cycle begins, the market's capital will gradually loosen. The PCE (personal consumption expenditure) and GDP data to be released by the United States this week. Everyone is asking, can the current profit supply of Bitcoin drive the price up again?
1. The impact of the interest rate cut cycle on Bitcoin The Fed's interest rate cut means that the cost of funds has become cheaper, and investors tend to look for assets with higher returns for allocation. Historical data shows that whenever the interest rate cut cycle begins, Bitcoin is usually favored by capital inflows. The interest rate cut will not only allow more institutions and individual investors to invest in the Bitcoin market, but may also stimulate the weakening of the US dollar, thereby further pushing up Bitcoin prices.
2. The criticality of PCE and GDP data The PCE data to be released is the inflation indicator that the Federal Reserve is most concerned about, reflecting changes in consumer prices in the United States. The GDP data directly affects investors' expectations of the US economic outlook. If the GDP data performs poorly, it will strengthen the market's expectations for the continuation of interest rate cuts, which is beneficial to the rise in Bitcoin prices.
3. Can profit supply become a driving force for price increases? Currently, Bitcoin's profitable supply is at a high level, meaning that a considerable portion of Bitcoin holders are in a profitable state. This usually drives some selling pressure in the market, especially during price increases, but it also means that Bitcoin's liquidity will increase, helping to push up prices.
Against the backdrop of the start of the interest rate cut cycle, the increase in profitable supply may provide short-term support for Bitcoin. If the rate of capital inflow exceeds the selling pressure, the price will be expected to break through the existing resistance level and may even hit the target price of $70,000.
The start of the interest rate cut cycle and this week's PCE and GDP data will be important guides for the short-term market direction. If the data is favorable to the expectation of interest rate cuts, the price of Bitcoin is expected to rise again.
[The eve of the Bitcoin storm? After 6 days of fluctuations, will it soar by 70,000 or plummet by 50,000? ]
Brothers, Bitcoin has been hovering around 63,000 for 6 days recently. Many people are asking me: How will this wave of market go? Is it time for a big rise, or will it continue to fluctuate or even fall? Don't worry, let's analyze this situation.
Technical side: What signals are hidden behind the 6-day sideways movement? From the K-line chart, Bitcoin has been sideways around 63,000 for 6 consecutive days, and there has been no significant fluctuation in the short term. What is the dealer doing? This position is obviously a chip turnover area. Retail investors cannot see the direction clearly, and the dealer is waiting patiently here. The longer the fluctuation time, the stronger the momentum after the breakthrough!
Upper resistance: 65,000, this is an important resistance level in the early stage. The dealer repeatedly tested this position to see if he could force the shorts out. Support below: 60,000. As long as it does not fall below this support level, bulls still have a chance to dominate the market.
Market sentiment: retail investors are confused, and dealers are calm Many people have panicked in the past few days when they saw that Bitcoin did not move, and they could not help but want to cut their losses or take a leveraged bet. But in fact, this period of volatility is exactly the situation that dealers like most, because they can slowly absorb funds, and when the time is right, a big rise or fall can take away most of the retail investors' funds.
At present, Bitcoin has entered a critical position, and the probability of breaking through 64,800 in the short term is not small. Once this point is broken, market sentiment will be quickly ignited, and it is not impossible to rush to 70,000. But if it falls below 60,000 before that, the volatile market will continue for a while, and it may even fall back to the stronger support below.
Operation suggestions: Spot: You can arrange a small amount in the 62,000-63,000 range, and continue to increase your position after waiting for a breakthrough. Contract: You can go long with a light position near 63,000, with a target of 65,000, and increase your position after the breakthrough. The stop loss can be set at 60,000 to control the risk.
👇 Brothers, what do you think? Do you think Bitcoin will rise or fall first? Come to the comment section and talk to me!
"Bitcoin is about to reverse? Is there still a chance to get on board?"
As can be seen from the figure, Bitcoin is currently in the stage of breaking through a long-term downward trend line. After several days of rebound, the price has broken through this downward trend line and is trying to stand above this line. This pattern is usually regarded as a preliminary signal of trend reversal.
MACD has formed a "golden cross" and the bar is gradually widening, indicating that the market bullish momentum is increasing. The openings of the DIFF and DEA lines are also expanding, which is an obvious bullish signal, suggesting that there may be further upward space next.
The KDJ indicator is currently in the overbought range (85.55) and has become blunt. Although this is a short-term bullish signal, when the indicator stays in the overbought area for a long time, it is necessary to be alert to possible pullbacks or shocks.
RSI is currently at 73.97, which is in the overbought area, showing that the market sentiment is relatively optimistic, but there is also a risk of short-term pullbacks.
Comprehensive analysis 1. Whether the price can effectively stand above $63,000 is the key to the continued strength of the bulls.
2. Whether the trading volume will be further enlarged. Without the cooperation of trading volume, the effectiveness of the breakthrough will be questioned.
If Bitcoin can break through and stand above $63,000 in the next few days, it is expected to further attack the $65,000 or even $70,000 range; on the contrary, if it falls below $60,000 again, it may fall back to the support area of $56,000. #美联储宣布降息50个基点 #加密市场反弹 #特朗普首次使用BTC #比特币走势分析
"The Fed has started a big rate cut era! Is Bitcoin about to soar? There is a mystery behind the dealer, don't be the last one to take over!"
Rate cuts are a macro-positive, but as a contrarian investor, you must be cautious. Market performance is not always consistent with intuition. In the hours after the announcement of this rate cut, although the price of Bitcoin fluctuated, there was no large-scale increase in volume. Respond cautiously
1. Has the good news been digested in advance?
Before the Fed made the decision to cut interest rates, the market had already anticipated this decision. Bitcoin's recent rebound trend is an advance response to future rate cuts. When the good news is officially announced, they are more likely to choose to take profits
2. The dealer's "conspiracy": wash and pull up shipments
The dealer may be brewing a wash. The dealer usually does not raise the price immediately after the good news comes out, because this will make it easy for small investors in the market to make profits. On the contrary, the dealer is more likely to clean up some unsteady bulls in the market by creating short-term shocks or even a small correction, so that retail investors can sell their chips in panic.
This kind of wash-out method is usually used by the market makers to prepare for the subsequent pull-up
3. The impact of the long-term interest rate cut cycle: there may be more interest rate cuts in the future
This interest rate cut may only be the beginning of the interest rate cut cycle. The funds in the market will be more relaxed, and in the long run, high-risk assets such as Bitcoin will benefit from this
However, long-term interest rate cuts do not mean that prices will inevitably rise in the short term. It is necessary to consider that interest rate cuts will bring inflationary pressure and market expectations for economic growth
4. Operational strategy: How to deal with the next trend of Bitcoin?
Patiently wait for confirmation signals: Pay attention to whether the price can effectively break through the key resistance level of US$63,000, and cooperate with the increase in trading volume. If the breakthrough is confirmed, you can consider following the trend
Be wary of the "luring more" behavior of the market makers. Before the market shows obvious signals of volume increase, do not easily chase the rise to avoid becoming a "leek" when the market makers pull up and ship. You can also wait patiently for the price to hit the support level (such as $56,000) before entering the market
"The Fed cut interest rates, but Bitcoin remains on hold? The market makers are brewing a shocking conspiracy, and the storm is coming!"
The Federal Reserve has just announced its interest rate decision, lowering the federal funds rate from 5.5% to 5%. This is an unexpected rate cut, which should be interpreted as good news by the market in theory.
But the market often does not go directly out of the expected trend. Market makers (or large fund holders) usually use market sentiment and news to create "false impressions"
There are still some uncertainties in the current market that make investors cautious:
1. Uncertain economic outlook: Despite the Fed's interest rate cut, the slowdown in global economic growth and geopolitical risks have not been completely resolved, which may make some large funds choose to wait and see, waiting for more economic data and market trends to be confirmed.
2. Inflationary pressure still exists: Although interest rate cuts help stimulate the economy, the market is also worried about whether interest rate cuts will lead to a rebound in inflation. Therefore, some investors may choose to be cautious at this policy turning point and wait and see the future inflation trend.
3. Good news is realized, layout in advance Market makers have already laid out in advance and have absorbed enough chips at a low level before the good news is announced. The good news of the interest rate decision is actually the "cash-in" of the market makers' early actions because for them, the real profits have been locked before the news is announced.
The strategy of contrarian investors: be cautious in following the actions of large funds
1. Wait for the trading volume signal: If the subsequent Bitcoin price rises and is accompanied by a large increase in volume, it may mean that the market makers have completed the accumulation of funds and the market is ready to rise further. However, if the trading volume does not increase synchronously when the price rises, be alert to the possible "luring more" trap.
2. Pay attention to key support and resistance levels: The current resistance level of Bitcoin is around US$60,000. If the price can effectively break through and stand at this level, it will be a positive signal. On the contrary, if the breakthrough fails, it may enter a deeper consolidation or even a correction. #美联储宣布降息50个基点 #美联储利率决议公布在即 #加密市场反弹 #美国8月零售销售环比好于预期 #美国大选如何影响加密产业?
"On the eve of the Fed's interest rate decision, will Bitcoin soar or crash? The conspiracy of the market makers is revealed!"
Tonight, the Fed's interest rate decision, all kinds of assets are waiting for Powell's decision
There are two main expectations at present: one is a small interest rate cut of 25 basis points, and the other is not to cut interest rates for the time being or maintain the current interest rate level. Regardless of which case is chosen, the market expectations are generally cautious.
1. Technical aspects: long-short trap and shock wash
The price of Bitcoin has repeatedly tested the resistance level of $60,000 but failed to break through, forming a volatile trend. The KDJ indicator is blunt at a high level, and the RSI is close to the overbought area, indicating that there is a risk of a short-term correction in the market.
2. Market operation after the interest rate decision: pull up and then ship?
If Powell announces a small interest rate cut of 25 basis points, the market may regard it as a positive, pushing Bitcoin up in the short term. However, this is exactly the opportunity that the market makers may take advantage of. **Driven by good news, the market makers may raise prices to attract retail investors to chase the rise, and then ship at a high level. This operation is not uncommon in the Bitcoin market. Especially in the face of key news, the market makers often create "false market conditions" to lure funds into the market.
Is it possible to take advantage of the trend to push up and soar to the sky?
The market makers may choose to take advantage of the trend at this time, using the dual effects of good news and technical breakthroughs to push prices to new highs. However, as contrarian investors, we should be wary of whether this "soaring" market is a "luring" trap by the market makers. Once the price rises, the market makers may quietly sell at a high level, causing the market to fall back sharply in a short period of time.
Trading strategy of contrarian investors: beware of illusions and operate steadily
The price of Bitcoin has quickly risen to more than $60,000 and the trading volume has increased. Be wary of the possibility that the market makers will pull up and sell here. At this time, contrarian investors should avoid chasing high prices. When the price reaches a key resistance level (such as $62,000 or higher), they can choose to gradually reduce their positions and take profits.
Observe the support performance of the price near $52,000. The market maker may use this pullback to "wash the market" and clear the floating chips to pave the way for subsequent rises. Contrarian investors can build positions in batches in this area
Bitcoin is facing a major test: should it expect an increase, or is it ready for a new round of decline?
Can the cyclical rise of four-year halving be staged?
From a technical point of view, the performance of Bitcoin prices in recent weeks has shown a typical state of long-short game. After this year's high, Bitcoin has gradually entered a consolidation period, with prices hovering around the $60,000 mark. The chart shows that the key resistance level is around $60,000, while the support levels are at $52,000 and $49,000 respectively. The market seems to be brewing a big move, but the direction is still unclear.
The Fed's interest rate decision next week may become a key event affecting Bitcoin's trend.
However, contrarian investors should think about the following questions: How much of the market has digested the expectation of interest rate hikes? Will the Fed's decision bring unexpected "dovish" information, causing the market to rise suddenly? According to past experience, when investors are generally bearish on the market, it is often an opportunity to enter the market in reverse. At this moment, the market is full of pessimistic expectations about the possibility of interest rate hikes. Contrarian investors may seize the extreme market sentiment and profit from it.
In the range of $50,000 to $52,000, when the market falls rapidly, contrarian investors can enter the market in batches appropriately. Technically, the support level is strong, coupled with the reversal signals of KDJ and RSI indicators, this may be a good time to buy the bottom in the short term.
If the market does not fall sharply as expected after the Fed meeting, contrarian investors can pay attention to the price of Bitcoin breaking through the resistance level of $60,000. Once it breaks through, the price is expected to rise further, and the next target can be set at $65,000 or even higher.
Is Bitcoin about to crash or a good opportunity to buy at the bottom? The main force's trend is exposed, and retail investors panic and enter the game!
On the surface, the weak non-agricultural data increases the possibility of the Federal Reserve's interest rate cut, and monetary easing theoretically helps to drive up the price of Bitcoin.
However, contrarian investors should realize that the market's expectations for interest rate cuts have already been partially reflected in the price. If market sentiment is too optimistic and the market makers take the opportunity to sell, then the current rise may be a trap. As we have seen many times in the past, market makers often use macro-good news to create short-term rising markets and induce retail investors to enter the market, but then the market reverses and falls. Therefore, the short-term price rebound may not be a real "good news", but a kind of accumulation or shipment behavior of the main force.
Market reaction and emotional fluctuations: avoid the risk of blindly following the trend After the release of non-agricultural data, Bitcoin has fluctuated to a certain extent, but what really affects the market is the sentiment of investors. Driven by such macro data, market sentiment is prone to fall into two extremes: Some investors will enter the market and go long due to the expectation of interest rate cuts, pushing up short-term prices; Other investors will choose to avoid risks and leave the market due to concerns about economic recession and long-term risks.
From the current technical perspective, the key support level of Bitcoin is $52,000, while the resistance level is in the $57,000 to $58,000 area. Next, the market may further fluctuate and adjust, but this is a good time for contrarian investors to look for opportunities. Calmly deploying when the market is panicking often brings rich returns. #美国8月非农就业人数不及预期 #小非农增幅创3年多新低 #BTC走势分析 #美联储何时降息?
"Bitcoin has plummeted! 52,000 is in danger, and the banker's washout conspiracy has been exposed. Do you still dare to buy the bottom?"
I have previously pointed out that the support level of $55,200 is difficult to maintain. Now the market has deteriorated significantly, and many investors are confused: How should the market go next? Can $52,000 be sustained?
After the release of non-agricultural data, Bitcoin briefly rebounded, and the market's expectations for an interest rate cut by the Federal Reserve amplified.
This rebound was not accompanied by a significant increase in trading volume, and the bulls lacked strength. Retail investors have been chasing higher in this wave of rise, mistakenly believing that the positive non-agricultural data will bring about a sustained rebound. However, this is the classic routine of the main force to induce long shipments.
Market sentiment has deteriorated significantly. Even if Bitcoin shows signs of support near $52,000 in the short term, the possibility of market makers completing the washout by further testing the price cannot be ruled out. We should be wary of the occurrence of false breaks. Market makers may temporarily lower the price below $52,000, inducing retail investors to continue selling, and then quickly raise the price to complete the accumulation of funds.
If market sentiment continues to deteriorate, we could see Bitcoin fall below $52,000 and even further to $50,000 or lower.
Possible market trends and operating strategies
1. Opportunities for rebound after false breakout Observe whether $52,000 is really effectively broken below. If the market rebounds quickly after a short period of consolidation below $52,000, this is a signal that the bookmakers have finished collecting funds. At that time, entering the market to go long may be a safer strategy.
2. Risk of falling below $52,000 If Bitcoin effectively falls below $52,000, accompanied by increased trading volume and strengthening of short sentiment, this means that it may enter a new round of decline. $50,000 will become the next key support level
Watch to see if there will be a false break below $52,000
If the market continues to deteriorate and falls below the $50,000 support level, you need to operate more cautiously and wait for a better entry point
When most people are panicking, you should observe calmly; when most people are chasing the rise, you should be more vigilant. The repeated fluctuations in the market are the dealer's game#美国8月非农就业人数不及预期 #小非农增幅创3年多新低 #BTC走势分析 #美联储何时降息?
"Will Bitcoin collapse tonight? The shocking scam behind the non-agricultural data, the dealer has already set up a trap for you to fall into!"
According to market consensus expectations, the number of non-agricultural employment in the United States in August is expected to increase by 160,000, compared with 114,000 in the previous month. At the same time, the unemployment rate is expected to drop from 4.3% to 4.2%.
1. Will bad news become good news? Weaker non-agricultural data is often seen by the market as a signal to promote the Fed's loose monetary policy. The market expects the Fed to accelerate interest rate cuts and provide more liquidity to support economic recovery. Increased liquidity usually brings more capital inflows, which drives prices up. If tonight's non-agricultural data is weaker than expected, the market may overreact, and the Fed will take more easing measures, which will drive Bitcoin to rebound in the short term.
2. Does strong data mean a plunge? If the non-agricultural data is stronger than expected, the market will re-evaluate the Fed's monetary policy path. Will this "strong data = bad news" reaction be over-interpreted? Many investors and institutions have viewed Bitcoin as a long-term hedge against inflation, not just a short-term risk asset. Therefore, even if the non-agricultural data is strong, the market makers may use the changes in market sentiment to wash the market, causing retail investors to panic sell and take the opportunity to absorb funds.
The routine of the market makers to wash the market Before and after the release of major data, the market makers often complete the absorption or shipment by creating illusions and taking advantage of short-term market fluctuations. The following are common market makers' routines:
1. Create false breakthroughs: The market makers often manipulate prices to deliberately break through key support or resistance levels to induce retail investors to chase up or sell down. After the release of non-agricultural data, market sentiment fluctuates greatly, and Bitcoin may have false breakthroughs
2. Amplify market sentiment fluctuations: The market makers amplify the market's reaction to non-agricultural data by increasing trading volume or manipulating orders. For example, if the data is weaker than expected, they may create a wave of false declines, forcing holders to sell, and then take over at a low price.
Countdown to Bitcoin's plunge? Non-farm data may detonate the market, and the price may fall below $50,000?
The August non-farm data of the United States will be released on September 6. Will Bitcoin plummet?
Before the release of non-farm data, some technical signals have appeared in the daily candlestick chart of Bitcoin
$58,000 was broken, and the next major support level may be around $52,000, which is also an important low point in the near future. If it falls below this position, Bitcoin may quickly drop to the range of $48,000 to $45,000.
The MACD indicator shows that Bitcoin is still in a weak position, with the fast and slow lines running below the zero axis, and the bar chart shows that the short-selling force is still dominant.
The KDJ indicator shows that Bitcoin is already in an oversold state, with both the K value and the D value around 20, indicating that the market may rebound in the short term.
The view of contrarian investors: Will it plummet?
The market's view on Bitcoin is generally cautious, and most investors will choose to wait and see or sell in advance. However, as a contrarian investor, I think it is unlikely that Bitcoin will plummet before the release of non-farm data.
In the case of bearish market sentiment, many investors may have already arranged short orders in advance, which provides opportunities for contrarian investors. Once the non-farm data is positive, short covering and the influx of buying may drive Bitcoin to rebound quickly to more than $60,000 in the short term.
Although the non-farm data on September 6 may become an important node in the trend of Bitcoin, the real timing of the plunge may be delayed.
If the market's expectations for the Fed's monetary policy do not change significantly, Bitcoin may have a period of shock consolidation. From October to November, as global economic and inflationary pressures further increase, market volatility will increase, and Bitcoin may usher in a sharp decline before the end of the year.
Contrarian investors should be prepared to look for buying opportunities at lower prices (such as $52,000 or $45,000)
Is Bitcoin about to plummet? Experts predict: The fourth quarter may trigger a major market shock, and the price may fall below $45,000!
Will Bitcoin plummet? What is the time window for a possible plummet? And what is the possible target price for the decline?
Currently, Bitcoin is near a key support level (around $58,000). Although the bulls have successfully defended this support many times in the short term, the support will gradually weaken with each test.
The price of Bitcoin has formed a relatively obvious downward channel on the daily chart. The price continues to test the support level but fails to form an effective rebound. Technical indicators such as MACD and RSI all show that the market is weak.
But what really triggered the plunge was the "black swan" event in the market. Be alert to the following factors that may trigger a plunge in Bitcoin:
1. Sudden deterioration of the global macroeconomy: If global economic data suddenly deteriorates, especially if the US economic data is lower than expected, it may cause investors to sell risky assets on a large scale, including Bitcoin.
2. Sudden changes in regulatory policies: The regulatory policies of various governments on cryptocurrencies have always been a key factor affecting market sentiment. If a country suddenly introduces strict regulatory measures, it may trigger panic selling in the market.
3. Market liquidity is exhausted: The liquidity of the Bitcoin market is relatively limited. Once a large-scale sell-off occurs, the market may quickly fall into a liquidity crisis, resulting in a sharp drop in prices.
Bitcoin's possible plunge time window
1. The market may usher in a critical moment after the Federal Reserve's September meeting. If the Fed's policy statement is not as expected by the market, the price of Bitcoin may plummet in the following period.
2. The end of the year is usually the time for investors to adjust their portfolios. If Bitcoin's performance in the fourth quarter is still weak, it is not ruled out that some institutional investors will choose to sell Bitcoin to lock in profits or reduce losses. The fourth quarter, especially November and December, may be a high-risk window for Bitcoin to plummet.
In extreme cases, Bitcoin may even fall below $48,000 and seek support at $45,000 or even lower.
These potential support levels are opportunities to buy on dips.
The current price fluctuates around the key support level of $58,000, which has been verified many times in the past few weeks. However, the more frequently the support level is tested, the more likely it is to fail.
Will this support level eventually be broken? And once it is broken, how will the future trend of Bitcoin evolve?
If the support level of $58,000 is finally lost, it will mean a significant deterioration in market sentiment, and the increase in the power of the short side may bring a larger downward trend
The closer support level below is around $55,200, which is a previous low point, but contrarian investors need to be vigilant. If market sentiment deteriorates further, the support of $55,200 may also be difficult to hold. The further support level may be at $52,000, or even lower to around $48,888.
From the perspective of contrarian investors, over-reliance on technical indicators may lead to misjudgment. The overall sentiment of the current market and the macro environment are equally important. If global macroeconomic factors such as interest rate policy and geopolitical risks continue to put pressure on the market, Bitcoin may fall further following the overall market weakness.
If the price of Bitcoin falls sharply due to breaking the support level, it may be an opportunity to buy on the dip for investors with sufficient risk tolerance.
Whether the Fed will cut interest rates by 25 basis points at the September meeting as expected by the market has become the focus of many investors. However, can a 25 basis point rate cut really improve the global economic environment? And what impact will it have on the cryptocurrency market represented by Bitcoin?
A 25 basis point rate cut will undoubtedly ease the pressure on some companies and consumers with tight funds, but in the context of slowing global economic growth, this policy is more like a "drop in the bucket". Especially for those economies that rely heavily on exports, the weakening of the US dollar that may be caused by the US rate cut will have a negative impact on their exports, further dragging down the pace of global economic recovery.
For Bitcoin and other cryptocurrency markets, the Fed's rate cut may have more complex effects. On the one hand, a low interest rate environment usually leads to funds seeking higher-yield investment channels, and cryptocurrencies may therefore usher in a wave of capital inflows. Especially in the context of Bitcoin being regarded as "digital gold" by more and more investors, it may benefit as a tool to hedge the risks of the traditional financial system. However, on the other hand, if the rate cut fails to effectively boost the economy and instead triggers further market concerns about the economic outlook, funds may flow back to more traditional safe-haven assets such as the US dollar and gold. At this point, the Bitcoin market may face the risk of capital outflows, especially as investors' risk appetite declines amid increasing global economic uncertainty.
The likelihood of a 25 basis point rate cut by the Federal Reserve in September is increasing, but contrarian investors should be cautious about this expectation. The improvement of the global economic environment cannot rely solely on the single means of rate cuts
Contrarian investors should be wary of market overreactions and remain calm and rational
"Hero or scapegoat? From Binance CZ to Telegram's Pavel Durov"
This series of actions has made many investors uneasy and even triggered panic selling in the market. However, as a contrarian investor, are there undiscovered investment opportunities hidden behind these negative news?
Pavel Durov: A technology pioneer across borders PD is undoubtedly a legend in the global technology community. Not only did he relocate Telegram to Dubai in 2017, he also obtained French citizenship in 2021. In addition, he also holds citizenship of the United Arab Emirates and the Caribbean country of St. Kitts and Nevis. Multiple nationality backgrounds can be seen as a precaution against political risks around the world.
As one of the world's largest encrypted communication platforms, Telegram has a large user base and strong technical strength. Especially in areas where speech is restricted, it has a large number of loyal users.
The arrest of Binance founder CZ and the arrest of Pavel Durov have certain similarities, both of which indicate that countries around the world are increasing their regulatory efforts on cryptocurrencies and technology giants.
CZ's arrest once triggered a sharp drop in Binance Coin (BNB), but then the market gradually digested the impact of this incident and BNB prices also recovered. Similarly, Durov's arrest also led to a drop in the price of Toncoin (TON), which is related to Telegram.
Durov's multiple nationalities and global influence mean that he has the resources and means to deal with this series of political and legal challenges. Whether in France or other countries, Durov is likely to use his legal team and social resources to push the case in his favor. This also means that the long-term operation of Telegram and TON will not be fatally hit by Durov's personal problems.
In the long run, Telegram and TON's technical foundation and user base still have strong support. #Telegram创始人被捕 #TON生态 #赵长鹏 #币安热门推荐 #新币挖矿TON $BTC $BNB
Nvidia's financial report and the trap of "good news is exhausted"
Although Nvidia's financial report showed strong growth data, the market reacted with "good news is exhausted", and the crypto market was weak. This phenomenon is not surprising. Investors often choose to take profits after the release of major good news, which leads to increased downward pressure on the market.
This is actually a trap carefully designed by the market makers. They take advantage of the short-term volatility of the market to complete their shipments at high levels.
The market is now entering a phase of downward volatility, especially before the release of the non-farm payroll report next week. This reduction in volatility makes people mistakenly believe that market sentiment is stable, but the actual situation may not be the case. The decline in volatility is usually accompanied by a wait-and-see sentiment in the market, which is often a precursor to the next round of market operations by the market makers.