Recommend several wealth codes with the opportunity to increase 10x to 100x
$TON $YGG $PYTH $FISH
TON (The Open Network) is a decentralized network that aims to build an open Internet environment for everyone. Originally conceived by Telegram founders Nikolai and Pavel Durov, TON's development has now shifted to community-driven. This shift emphasizes its fundamental principles of decentralization and the broader community's commitment to its growth and innovation. Although Telegram later distanced itself from the project due to regulatory challenges with the SEC, the network remains closely associated with the messaging app, integrating various blockchain-based services such as cryptocurrency payments and storage solutions directly into Telegram's ecosystem.
YGG Yield Guild Games' treasury assets need to grow by at least 1000% in 4 years to reach its fully diluted token valuation, and 1500% when liquidity is insufficient to reach its fully diluted token valuation. At the current growth rate, the number of scholars is expected to exceed 200,000 by the end of 2026. Yield Guild Games has strong investment capabilities and has generated $23M in revenue in half a year. PYTH Solana Ecosystem Oracle Pyth Network: a connector of the traditional financial world, with a mysterious and powerful team background; many top financial institutions on Wall Street and large crypto institutions cooperate with Pyth to provide data sources. The oracle is a bridge connecting the blockchain world and the real world, allowing the blockchain world to obtain real-world data. FISH is the first non-foundation community meme coin in the TON ecosystem. #百倍潜力币
Successfully entered the market at 3050 and exited smoothly near 3100.
LIVE
HenryLua
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Bullish
Ethereum: 3050-3010 range split position long Stop loss: 2965 Target: 3090-3130 Bitcoin: 56900-56400 range split position long Stop loss: 55700 Target: 57700-58500 $BTC $ETH
Ethereum: 3050-3010 range split position long Stop loss: 2965 Target: 3090-3130 Bitcoin: 56900-56400 range split position long Stop loss: 55700 Target: 57700-58500 $BTC $ETH
Ethereum: short position around 2900-3025 Stop loss: 3077 Target: 2930-2870 Bitcoin: short position around 56900-57400 Stop loss: 57900 Target: 56100-55200
Ethereum: Long position around 3365-3335, stop loss: 3305 Target: 3430-3460 Bitcoin: Long position around 60700-60300, stop loss: 59600 Target: 61500-62300 $ETH $BTC
RGB++ protocol implementation: asset protocol empowerment on CKB
● RGB++ protocol implementation plan ● Step 1: Homomorphic Binding ● Use CKB’s extended UTXO model, called Cell, to map RGB assets to CKB’s UTXO. ● Implement a homogeneous binding algorithm to ensure the mapping relationship between RGB assets and CKB’s UTXO. ● The algorithm should ensure that the mapping is one-to-one and onto, and that RGB assets are correctly mapped to corresponding CKB UTXOs. Code implementation: rust use ckb_sdk::types::{Cell, Utxo}; use homomorphic_encryption::{HomomorphicEncryption, PublicKey}; // Assume we have a CKB SDK instance and a homomorphic encryption library
"BTC, ETH Analysis: Market Trends and Countermeasures on 2024.05.05"
Bitcoin
1. Bitcoin ETF witnessed unprecedented capital inflows, with a net inflow of about $378 million on Friday, marking a reversal of Grayscale's capital outflows. 2. Technical analysis shows bullish signals, and the daily RSI has broken through the descending resistance line, which may start a new bullish phase. 3. Price trend and resistance level: Bitcoin price is trying to break through the descending wedge pattern, with a possible target range of $72,000 to $74,000. 4. DXY pullback is a bullish signal for Bitcoin, and short-term trading strategies involve expanding long positions and taking profits when prices approach major resistance levels. 5. Liquidity and funding rates indicate a high probability of squeeze, which may drive prices up.
Ethereum
1. Ethereum prices continue to rebound and are in the middle of the descending wedge, with support at about 2.9k and resistance at about 3.3k. 2. Technical analysis suggests potential price targets around 4,000 to 4.1k, but a breakout has not been confirmed. 3. The short-term rebound comes from the oversold region of the 8-hour RSI, and price analysis is essentially the same as it said yesterday in the short term.
Key Takeaways
1. Bitcoin ETFs have witnessed unprecedented inflows, suggesting that sentiment may be reversing. 2. Technical analysis suggests bullish signals, including a daily RSI breakout above a descending resistance line. 3. Bitcoin price is attempting to break out of a descending wedge pattern, with possible targets ranging from $72,000 to $74,000. 4. Ethereum price continues to rebound, in the middle of a descending wedge, with potential price targets around 4,000 to 4.1k. 5. Short-term trading strategies involve scaling long positions and taking profits as prices approach major resistance levels. 6. Liquidity and funding rates suggest a high probability of a squeeze, which could drive prices higher.
"BTC, ETH Analysis: Market Trends and Countermeasures on May 4, 2024"
BTC (Bitcoin) key information summary:
1. From the weekly chart, Bitcoin prices are still in an upward trend in a larger time frame (bull market). Even if the price has a short-term correction around $60,000, it is still a bull market overall.
2. On the daily chart, Bitcoin's RSI is about to break through the previous descending resistance line. When similar signals appeared in the past, Bitcoin prices usually rose by 70%-80% in the next 1-4 months.
3. In addition, Bitcoin is facing a breakthrough of a large descending wedge pattern. Once it breaks through $64,000, the next major target is $72,000-74,000.
4. In the short term, the bullish divergence signal on the 2-hour chart is also supporting a price rebound. Coupled with factors such as the decline in the US dollar index, this provides a good opportunity for Bitcoin long positions.
5. In terms of trading strategy: it is recommended to go long, take out 1/20 of the funds for long, and keep a good position to cover the position. Set a stop loss.
6. From the liquidation heat map of the Bitcoin futures market, the liquidity above the price is much higher than the liquidity below, which may boost short squeeze and lead to further price increases.
From the perspective of technical analysis, Bitcoin's medium-term trend is still bullish, and there is potential for further increases in the short term. The current position may be a good opportunity for long positions.
ETH (Ethereum) key information sorting:
1. From the weekly chart, Ethereum is still in an upward trend in the larger time frame (bull market), showing higher lows and higher highs.
2. On the daily chart, Ethereum prices recently rebounded from support near $2,900, showing medium-term bullish momentum.
3. However, in the short term, Ethereum may have some pullback pressure. Key resistance levels are around $3,200-3,250 and $3,350.
4. To confirm the breakthrough in the short term and continue to rise sharply, Ethereum needs to actually break through these resistance levels.
5. On the 8-hour chart, the price of Ethereum rebounded from the oversold area, which may be a short-term support. But this oversold signal itself is not enough to confirm the bottom of the callback.
6. In the trading strategy: it is recommended to go long, take out 1/20 of the funds to go long, and keep a position to cover the position. The price of my position is 2900.
7. The medium-term trend of Ethereum is still bullish, and there may be some fluctuations and callbacks in the short term.But only by breaking through the key resistance level can we ensure
《BTC, ETH Analysis: 2024.05.03 Market Trends and Countermeasures》
Bitcoin ETF News and Market Analysis Bitcoin ETFs have seen net outflows again, around $161 million, indicating that the market is still dumping Bitcoin. This leads to a short-term bearish price trend. technical analysis Technical analysis suggests that the price could confirm a break below the support line (around 59,000) and start a new bullish divergence. The 3-day Bitcoin chart shows that the price is still playing with a bullish divergence. The 2-hour Bitcoin RSI is making higher lows, suggesting that we may see a bullish relief or at least sideways consolidation. Short-term price trend We may not see a ton of bearish momentum or bearish news action in the short term. We ideally need to see other bullish signals confirmed, such as a further pullback in the DXY. This would be another bullish signal to watch.
"BTC, ETH Analysis: Market Trends and Countermeasures on 2024.05.02"
"For detailed analysis, you can check the articles on my homepage that day, so that you can more intuitively understand the market, support and resistance levels, and trading strategies"
Bitcoin ETF News and Market Analysis
Bitcoin ETFs have seen net outflows again, about $161 million, indicating that Bitcoin is still being dumped in the market. This leads to short-term bearish price trends. The Federal Reserve meeting decided to keep interest rates unchanged, which was in line with expectations. The market expects the next interest rate change to occur around September or November, with a possible rate cut. Bitcoin price analysis shows that the price is still below the Fibonacci level (around $60,000). If the price confirms below $60,000, the next major downside support level will be the 38.2% Fibonacci level (around 51 to 52,000 points). Technical analysis shows that the price may confirm a break below the support line (around 59,000 points) and begin a new bullish divergence. Trading strategy suggests that personal short-term trading strategies begin to scale into new Bitcoin long positions with relatively low leverage positions.
Ethereum (ETH) Technical Analysis and Price Prediction
Ethereum (ETH) is currently trading at around $2,950 with a change of -1.66% in the past 24 hours. Technical analysis shows that ETH is trading in a channel down pattern with a neutral trend on a medium-term basis and an uptrend on a short-term and long-term basis. Fibonacci retracement analysis shows that the current price is running towards the 38.2% Fibonacci support level, which is just below 2.9k at around $2,860-2,870. The RSI has entered the oversold region on the 8-hour ETH/USD chart, which has historically led to short-term rallies. In conclusion, technical analysis shows that ETH is trading in a channel down pattern with mixed momentum. The price is currently running towards the 38.2% Fibonacci support level, and if we break below 2.9k, we may see the price move down to the 50% Fibonacci retracement level. However, the RSI has entered the oversold territory, which suggests that a rebound or consolidation may occur in the short term.
《BTC, ETH Analysis: Market Trends and Countermeasures on May 2, 2024》
Bitcoin ETF News and Market Analysis Bitcoin ETF News Bitcoin ETFs once again saw net outflows of about $161 million, indicating that the market is still dumping Bitcoin This is one of the reasons for the short-term bearish price action. Federal Reserve Meetings and Rate Decisions The Fed's recent meeting decided to keep interest rates unchanged, in line with expectations The market expects the next rate change to occur around September or November, possibly a rate cut. The second rate cut is expected to occur around January next year Market Reaction Markets reacted to the Fed meeting with a small rebound as the press conference looked relatively dovish
《BTC, ETH Analysis: Market Trends and Countermeasures for 2024.05.01》
Bitcoin (BTC) Price Prediction
The decline in the inflow of funds into Bitcoin ETFs has led to a drop in prices.
Reasons for the price correction: The decline in the inflow of funds into ETFs and the rise in the US dollar index (DXY).
Price target: A drop below $60,000 could lead to a drop to between $51,000 and $52,000, and staying above $60,000 could form a bullish flag pattern with a target price of around $71,500.
Technical pattern: The 4-hour chart shows that the price has reached the full technical price target of the rising wedge pattern, which is around $62,500, with new resistance between $61,000 and $62,000, and more resistance between $65,000 and $66,000.
RSI Indicator: The 4-hour Bitcoin RSI has just entered the oversold zone, which could mean a rebound or consolidation in the short term
Liquidity: The Bitcoin liquidation heat map shows that the price has just consumed a considerable amount of downside liquidity, and the main liquidity level is still in an upward trend
Ethereum (ETH) Price Prediction
The price of ETH may still be forming a falling wedge pattern, and the current price has not yet confirmed a breakout above the support level or above the resistance level.
Support Level: In the short term, it is very important for the price to stay above 2.9k, otherwise it may face the risk of failing the falling wedge and continue to pull back further to lower levels.
Resistance Level: This resistance line is currently located around 3.3k to 3.4k, and only when we do see a confirmed breakout above this resistance level, the decline will really come into play with bullish price targets.
Short-term Price Action: The price of ETH is currently running this support area between 2850 and 2950, which is a key support area and it is crucial to stay above this area.
RSI Indicator: The 8-hour Ethereum RSI is getting closer and closer to the oversold area, which could mean a rebound or consolidation in the short term.
Long-term price predictions: Forbes: $6,500 in 2025, $20,500 in 2030 Changelly: $8,468 in 2025, $10,068 in 2026 CoinDCX: $6,150 in 2024, $10,000 in 2025 BTC Direct: €5,538.37 in 2024, €6,224.22 in 2025 VanEck: $11,800 in 2030
"Key events in May 2024, operation direction, favorable opportunities, 10x selection"
1. Apple will hold a developer conference on June 10, and GPT-5 is expected to be released in June, which is good for $RNDR #Arkm#WLD
2. On May 23, the hype of Ethereum ETF intensified, and Prague also announced an upgrade plan, which may have a positive impact on related cryptocurrencies such as Ethereum ETF, $SSV and $OP.
3. The European Cup will be held in June, and the Olympics will be held from July to August. These sporting events may bring benefits to the cryptocurrency market, especially Binance's own son SANTOS.
4. The halving time of $ETC will come on June 16, which is more than a month away. Generally speaking, it will be hyped in advance, which may also affect the BTC market.