Looking at the market, I didn't want to say anything. I have said it very clearly a few days ago. But seeing that many people are panicking and selling at a loss, I can't help but come up and say a few words. What is the reason for this decline? When did it start? At first, it was the compensation of Mentougou and the transfer of Bitcoin by the US government. These are actually easy to explain, because their coins will eventually run out, not to mention that the US government does not necessarily want to sell the transferred Bitcoin. Next, the Middle East started fighting again. This actually has no big impact. Everyone is used to it. The Middle East has not really been quiet for so many years. The real lethality is that the economic data released by the United States is not good, which is far beyond the market's expectations. The bad data makes everyone feel that they are going to enter a recession. What does recession mean? It means that everyone has no money, and they have to live a tight life, and they have no money to invest. This is also the reason for the decline of US stocks, but don't forget that this is only one month's data. The main reason is more of a temporary factor. The recession still needs more data verification. Even if the next data is still not good, The Fed will not sit idly by. They will take all possible measures to regulate. History has proved that they have many tools and they are effective. There is no need to be so pessimistic. Now the main force is just using the news to smash the market and make profits, and to clean up the unsteady chips. With the current low price of Bitcoin and Ethereum, there is definitely a need for a rebound in the short term. Going down is just an emotional catharsis. Students with bullets continue to buy the targets they are optimistic about. Those without bullets should also control their hands. Don't be carried away by emotions and sell at a loss. At least wait for a rebound before selling. That's all. Students, take care of yourself! #美国7月非农就业增长放缓 #美联储何时降息？ #美国政府转移BTC
$BTC

$ETH

$BNB

Today's market rose quite well, which made the air force a little uncomfortable and restored some confidence to the bulls. However, given the poor performance in September in history, many people are still a little uneasy. It is hard to say whether the 52,500 a few days ago was a successful second bottoming out. However, there are a lot of news in the past two days. Today, Trump and Harris debated, and there will be a US congressional hearing. In addition, the US will announce the CPI and PPI indexes tomorrow and the day after tomorrow. The market fluctuations are expected to be relatively large. Those who play contracts are blessed. As long as they can make the right direction, I will still wait and see. Anyway, I have bought what I should buy. Unless there is another deep pit, I will not buy it. Let's wait and see everything after September.
$BTC

Unfortunately, I was right again. The main force once again exploded in both long and short positions. It is becoming increasingly difficult to trade in the short term. It is better to calm down and do something else, such as recharging or airdropping. The more frequent the transaction, the better. A few times a year is enough. As long as you understand the general direction, control your hands and move your legs, it is hard not to make money.

There are a lot of news in September. The cryptocurrency world in September should be very exciting. Let's move our stools, prepare tea and melon seeds and watch the show:
September 6: US unemployment rate announced
September 10: Trump vs Harris TV debate
September 10: US Congress Defi-related hearing
September 11: US CPI index announced
September 12: US PPI index announced
September 18: Federal Reserve interest rate decision day (whether to cut interest rates)
September 18: US Congress held a hearing on the cryptocurrency pig-killing scheme
September 23: US Congress held a hearing on the SEC's cryptocurrency enforcement power
September 29: CZ regained his freedom

Yesterday, the market was full of bearish voices, but today it rose sharply. Sure enough, the market trend is contrary to most people's expectations. Even if there is no good news that Starbucks accepts Bitcoin payments, the main force will also burst a wave of air force. The news just makes it easier for the main force to stir up trouble. The short-term market is always confusing and difficult to grasp, but the general direction will not change. The magnificent bull market will be next year. As for the current market, I still tend to rebound from oversold. There will be big fluctuations this month. The main force will not give up the opportunity of a double explosion of long and short positions, so we just move a small bench and watch the show quietly. Anyway, we have bought what we should buy. Unless there is another plunge, I will not enter the market again.
$BTC
$ETH

After looking around the square, I saw bearish voices everywhere. No wonder, the market has been falling for several days, and the rebounds have been weaker than the last. The altcoins are even worse. According to the rule, the decline will generally end with a plunge before it can stop falling and rebound. So many people are waiting for the final plunge. In addition, the performance in September in the past few years has not been very good, and it is impossible to be optimistic about the market this month. But being bearish does not mean short selling. Be careful that the main force may make trouble and kill a wave of air forces. So the safest way is to neither go long nor short. When you have time, read more books, exercise, and appreciate the beautiful autumn scenery. I believe everything will be fine after this month.

According to Deribit data, BTC options and ETH options with a total nominal value of approximately $5.01 billion will expire tomorrow. Among them, the nominal value of BTC options that are about to expire is $3.66 billion, the Put Call Ratio is 0.59, and the maximum pain point is $61,000; the nominal value of ETH options that are about to expire is $1.35 billion, the Put Call Ratio is 0.49, and the maximum pain point is $2,800.
The maximum pain point price of the option is for the buyer, which makes the buyer's profit the smallest and the loss the largest, or the seller's loss the smallest and the profit the largest.
The maximum pain point of option delivery has a certain impact on the BTC trend. When the delivery option is about to expire, if the current price is close to the maximum pain point price, then the main force will try to make the current price as close to the maximum pain point price as possible, so that the main force's profit and loss ratio is the highest and most profitable when the option is delivered. If the price difference between the two is too far, then the main force will pull to the maximum pain point of delivery. This position consumes a lot of costs, the cost is too high, and the profit and loss ratio is too small, then the main force will give up the maximum profit of this delivery. As far as this delivery is concerned, it doesn’t seem to be too difficult to pull it up from more than 59,000 to the maximum pain point of 61,000. The main force doesn’t know whether to pull it up. However, judging from the option expiration delivery on the 16th, Bitcoin fell more than 3,000 points on the night of the 15th, and it was not pulled to the maximum pain point during the delivery. So how will the main force perform in this delivery? Let’s wait and see! $BTC
$ETH

Last night, Bitcoin once again fell below 58,000. Although it has rebounded now, it still looks shaky. The big rise on the 23rd now seems to be the main force taking advantage of the news to blow up the market, which makes many bulls disappointed. Why hasn't it risen sharply? When will the unilateral market come? Historically, the previous Bitcoin production halvings began to slowly climb half a year after it began to rise, and reached its peak a year later. If we cut the boat to find the sword, it will not rise slowly this time until October. Let's talk about the impact of the interest rate cut. Similarly, cut the boat to find the sword. In history, the Fed did not rise immediately after the interest rate cut. Instead, as many people said, the good news turned into bad news, and it fell instead. Finally, after the interest rate cuts were repeated many times, the liquidity became abundant and brought about a big rise in the market. Therefore, the idea of ​​an immediate surge after the interest rate cut is unrealistic and very dangerous. The market is fluctuating now. The main force uses the news to make empty and long positions from time to time. We can only follow the trend and watch the main force perform quietly. If there is another sharp drop, such as falling below 50,000, then buy some more. If not, just wait and see, waiting for the arrival of the time node.
$BTC

Recommended in the morning, the price went up in the afternoon, congratulations to those who followed and bought in $DOGS

Let me share a token that I am optimistic about, which is the meme coin Dogs that has been very popular recently. Dogs is a meme coin that embodies the spirit of Telegram. Its black and white dog image is inspired by Telegram founder Pavel Durov. The Dogs project has successfully attracted a large number of users by airdropping token points to Telegram users, using simple and easy-to-understand rules and operating methods, as well as the "zero threshold" feature.
There are two main reasons to buy Dogs now: one is the strong community support. Telegram's 900 million monthly active users determine that Dogs is still very popular. Many people spontaneously promote Dogs on major social platforms. As we all know, this is the vitality of meme coins; the second is that the project team is powerful. They not only launched a series of activities to promote Dogs, but also knew when to advance and retreat. They announced the total amount of tokens in time before Dogs went public, and airdropped most of the tokens to the community and users, which shows that they still have a certain pattern and are not the kind of team that focuses on cutting leeks.
Of course, the future of Ton ecosystem is uncertain now because of the arrest of Lao Du, but Lao Du’s arrest is mostly due to political reasons, not because of any major problems with Telegram itself. I believe that after the game behind the scenes of various forces, the Ton ecosystem will return to normal, and Dogs, as a popular token in its ecosystem, will also soar.
Dogs, you deserve it!
$DOGS

I woke up and saw the market plummeting. This time it was the turn of the bulls to be dumbfounded. They had just enjoyed two days of happiness, and before they could savor it, they were hit hard. There is no way. Today's market is so fickle. Before the big market comes, the main force will kill the bears and bulls, and will not stop until the bulls and bears explode. No wonder there was a study yesterday saying that those who speculate in cryptocurrencies are all crazy. It would be strange if they are not crazy after such a toss! But as long as you don't play contracts, the spot is only temporarily trapped. You don't have to worry too much, and you don't have to cut your losses to change positions. It is the best operation to add positions or lie down when the market plummets! $BTC $ETH $SOL

The market has started to adjust again. It's still the old rule. Buy when it falls and sell when it rises. Anyway, the big market will be next year. Don't be in a hurry. Just play with the main force slowly. Now let's see what news there is today:
1. French President Macron said that Durov's arrest was not for political reasons
Comment: Politicians' mouths are deceiving ghosts. It would be strange if Durov was not arrested for political reasons!
According to rumors, Durov was arrested because his girlfriend kept posting photos and positioning on TikTok and IG during her travels. Alas, heroes are hard to resist beauty. This is another hero who was delayed by beauty. Three seconds of silence!
2. Cryptocurrency investment products ushered in the largest inflow in five weeks
Driven by expectations of interest rate cuts in the United States, the purchase speed of cryptocurrency-related ETPs last week set the largest inflow in the past five weeks.
Comment: These funds are not here to watch the show. Quantitative changes will always lead to qualitative changes. Wait.
3. Polygon, Avalanche and ZKsync's Discord were hacked.
Avalanche recently posted on X that its Discord server has been hacked, and called on users not to interact with or click on any links.
Comment: The theft problem in the crypto world is a commonplace, and this is normal. Where there is more wealth, there are more robbers and scammers, not to mention the unregulated nature of the field itself. Students can only be more careful and don't click on any unknown links easily, otherwise all the hard-earned silver will be contributed to hackers.
$BTC

The good days for bulls are coming. You can see from my previous posts that I have been reminding everyone to buy on dips for the past two months. The real market will come next year. A decline is an opportunity to buy. I don’t know how many people listened to my advice and did not fall in the darkness before dawn, and I don’t know how many people have blown up their positions because of short orders. Of course, those who haven’t bought yet should not chase high prices now. Although most altcoins are still at a relative bottom, they will not rise directly. The rise is always in waves. Just buy boldly when it falls back again! #美联储何时降息？ #美联储降息周期
$BTC

This big wave is really coming, everyone should hold on tight, especially don't short easily, don't go against the trend, choice is more important than effort, I hope our choices are correct, let us all achieve financial freedom soon!
$BTC

Today's market is still very boring. There is no important news, and there is no change in views and opinions. We are just waiting for the arrival of the time node. Now I don’t know what to write, so I just come here to share my thoughts. I wonder if my classmates have any suggestions to kill these boring days?

This kava seems to be ready to move. Once it effectively breaks through the daily pressure, there should be a wave of pull-up. Students who are interested can pay attention to it.

$KAVA

Mentougou has transferred coins again, this time it transferred $700 million worth of Bitcoin. After this smash, it is estimated that the exchange will be close to paying off its creditors. Very good, another hidden mine has been removed on the road to the bull market, so that the market doesn't have to talk about it every day.
According to blockchain analysis company Arkham, the defunct cryptocurrency exchange Mt. Gox sent $709.44 million worth of Bitcoin to the wallet address "1PuQB...nWhTb" at around 11:39 UTC on Tuesday night, and also transferred 1,264.69 BTC ($74.77 million) to the address "1Jbez...LAPs6", which Arkham identified as a cold wallet belonging to Mt. Gox. The funds have not yet been further transferred to other addresses.

Now is the monkey market, jumping up and down, which makes people feel dissatisfied, but this also gives us the opportunity to buy low and sell high to increase the number of tokens. Thanks to the main force! Let's take a look at what is in today's news:
1. Trump said Elon Musk may have a place in the new government
Republican presidential nominee Donald Trump said that if he wins the general election in November, he will consider letting Elon Musk join his cabinet.
Comment: The strong combination of Trump and Musk will surely promote the crypto bull market, of course, the premise is that Trump can be successfully elected as president.
2. Tether minted another $1 billion USDT on the Tron network
Stablecoin issuer Tether minted another $1 billion USDT tokens on the Tron network, bringing the total amount of USDT minted last year to $33 billion, of which 19 billion were in Tron and 14 billion were in Ethereum.
Comment: Although there is no necessary connection between the increase in USDT supply and the increase in price, the additional issuance is definitely for buying coins. You can carefully taste the relationship between them.
3. China's Supreme Court amends anti-money laundering law to include "virtual assets"
The Supreme People's Court and the Supreme People's Procuratorate have recently issued a judicial interpretation that "virtual asset" transactions are one of the seven specific circumstances in the Criminal Law that "use other methods to conceal and conceal the source and nature of criminal proceeds and their proceeds."
Comment: It is a crime to trade and transfer black money through virtual assets. Simply speculating in cryptocurrencies is not illegal. Don't be misled by some headlines.
$BTC

Today's market has risen well, and Bitcoin has returned to above 60,000. Looking at the growth list in the past few days, many altcoins have also started to perform. Everything is moving in a good direction. Buy the targets you like. Maybe one day it will be your turn. I won't say much, let's take a look at the news in the currency circle today.
1. Crypto voters may decide who will win the election
According to a survey commissioned by Coinbase, in key swing states, young cryptocurrency holders identify with the Democratic Party (41%) or the Republican Party (39%) at roughly the same rate, making it more difficult to predict which party crypto voters tend to support.
Former US President Donald Trump has extended an olive branch to the cryptocurrency community, vowing to put Bitcoin and digital assets at the center of the US innovative economy.
And Vice President Kamala Harris has remained largely silent on cryptocurrencies since accepting the Democratic nomination.
Comment: Harris is still hesitating and hesitating. Whether she supports or opposes, she should make it clear as soon as possible so that crypto voters can stand in line as soon as possible.
2. The top federal agencies in the United States are teaming up to revise the meaning of "currency" to tighten reporting requirements for domestic and cross-border cryptocurrency transactions for financial institutions.
The U.S. Treasury Department released a semi-annual regulatory agenda on August 16, in which the revised proposal will ensure that these rules apply to domestic and cross-border transactions involving convertible virtual currencies.
Comment: Cryptocurrency is gradually becoming compliant, which is also a trend. After all, no country will accept "currency" that is not regulated by itself, but the same regulated products will lose the dividends of early barbaric development. Students should hurry up, and it will be more difficult to make money in the future.
3. 75% of Bitcoin has not moved for more than 6 months.
On-chain data shows that about three-quarters of circulating Bitcoins have not been moved in the past 6 months or more.
Although Bitcoin has fallen 21% from its historical high, about 74% of Bitcoin has been stationary for most of this year.
Comment: Those who hold Bitcoin are long-termists. According to this trend, Bitcoin is not a dream of $100,000.
$BTC