You can’t get crazy returns without huge downside risk
After rising about 10x in 2020, SOL fell 80% later that year. The next year, in 2021, it doubled again by more than 100x. It then fell 97% to around $8 in 2022, and has since risen about 20x. ETH and BTC also had similar volatility in the early days.
For the complainers, you can’t get huge crazy returns without big downside risk.
If you’re used to being scared by the market, you’ll slowly become numb to this decline and choose to ignore it. Whatever happens here, I see opportunities. $BTC #VBnicegirl九笙 $ETH $SOL
The concubine has recently been scolded badly; can she get hard and take a big hit this weekend?
The price of ETH has been fluctuating between $3300 and $3400, forming a relatively narrow consolidation area. Next, let's pay attention to some major price levels: $ETH Support Level 1: $3300, a key round number!
Support Level 2: $3250, near the previous low point, which has certain support strength!
Resistance Level 1: $3400, the pressure from the previous hourly candle's body!
Resistance Level 2: $3445, the selling pressure position of the current high point! #BTC创历史最大月度涨幅 #ETH市场新动向
Bitcoin hits new highs above $99,000, altcoins and Wall Street surge
● On Thursday night, with Wall Street set to close out the week positively, the three major stock indices recorded gains, while stock index futures dipped slightly.
● Futures contracts linked to the Dow Jones Industrial Average fell 14 points, a decrease of less than 0.1%. S&P 500 futures dropped 0.1%, while Nasdaq 100 futures declined 0.2%.
● These movements in futures contracts occurred after a positive trading day on Wall Street the previous day.
● On Thursday, the Dow rose about 462 points, an increase of 1.06%, while the S&P 500 gained 0.53%. The Nasdaq Composite index showed little change. Nvidia's stock price rose 0.5% following the company's earnings report beating expectations.
● All three major indices showed positive performance this week, with the Nasdaq Composite leading with a gain of 1.56%. This contrasts with last week’s seeming stagnation following Wall Street’s post-election rebound.
● Earnings data drove market performance amid more active trading. Gap's stock price surged 15% as the company's earnings exceeded expectations and it raised its full-year sales guidance. However, even though Intel’s quarterly performance surpassed revenue and net income expectations, its stock price still fell over 5%.
● On Friday, investors will focus on the preliminary Purchasing Managers' Index report for November, as well as the latest dynamics of the Consumer Confidence Index.
● Investors will also closely monitor BTC, which is currently trading just below the important $100,000 mark.
● BTC has risen for the fourth consecutive trading day, reaching a new high of $99,014.
● This largest cryptocurrency by market capitalization has more than doubled this year, with a gain of over 130% since the beginning of the year, nearing the key $100,000 level.
● Earlier this month, Donald Trump won the U.S. presidential election, coupled with a government commitment more friendly to cryptocurrencies, driving BTC prices to surge 46% in two weeks.
● Investors also welcomed the news that Gary Gensler, chairman of the U.S. Securities and Exchange Commission, announced his resignation on Thursday. Gensler faced criticism from the crypto industry for his enforcement approach.
● The altcoin market also saw a widespread rally yesterday. FTX Token (FTT) was the top performer, surging 35% in 24 hours. FTT has now recorded over 50% gains this week.
Optimism (OP) and XRP (XRP) followed closely behind, with daily increases of 25%.
Today's Fear and Greed Index rose to 94, still in "extreme greed"
Today's cryptocurrency Fear and Greed Index rose to 94 (the index was 82 yesterday), indicating that the market is still in "extreme greed". "Buy fear, sell greed"
Sister Sheng feeds with brand-name food, have you eaten meat from aave? If not, you need to reflect on yourself! Yesterday I also recharged faith for the brothers, don't be afraid, buy on dips. Give a thumbs up if you're keeping up! If you don't know how to layout, follow Sister Sheng, join the small circle, and hit the target accurately every day to enjoy the gains. #AAVE #VBnicegirl九笙
The number of initial unemployment claims in the United States for the week ending November 16 was recorded at 213,000, the lowest level since the week of April 27, 2024. $ETH $SOL $BNB #BTC何时突破10万?
According to Binance's announcement, the Binance Futures platform will launch SLERFUSDT and SCRTUSDT perpetual contracts on November 21, 2024, at 19:30 (UTC+8), with a maximum leverage of up to 75 times. #树懒
ton ecology has been very quiet recently, with no special actions and no significant moves to attract funds. However, I feel that this opportunity will come soon, as the ton ecology cannot miss out on the bull market. The opportunities that belong to its ecosystem are about to arrive. Let's ambush the Telegram Dogs DOGS together! The image shows my short-term target, and the mid-term can see a doubling! #DOGS
PUNT This price profit run is almost over, consider entering the spot market!
It is recommended to enter at a price of 1.25 for a full position, (for aggressive traders, you can enter a full position at the current price! My average price is around 1.4) for adding positions, you can set it in the range of 1.1-1, for targets, if you can hold, take profit near the previous high, for short-term, first look at the range of 1.9-2, there has also been a considerable increase!
You can ambush the spot now, the imitation season is ongoing!
Please remember, no trading advice is given, and we are not responsible for any trading actions. #MEME趋势风向
Today's Fear and Greed Index has dropped to 82, still in a state of 'Extreme Greed'
According to Alternative.me data, today's cryptocurrency Fear and Greed Index has dropped to 82 (yesterday it was 83), indicating that the market is still in a state of 'Extreme Greed'. 'Buy fear, sell greed' ETH SOL BNB #BTC再创新高97k
Bitcoin hits new ATH above $95,000, altcoins mixed, Wall Street sideways
● Futures contracts tied to the Nasdaq 100 fell slightly late Wednesday as investors analyzed Nvidia's all-important earnings report.
● Nasdaq 100 and S&P 500 futures fell slightly, nearly 0.2%. Dow Jones futures fell 10 points and were essentially flat.
● Investors closely watched Nvidia's earnings report, as the chipmaker has wowed Wall Street for more than a year as a major beneficiary of artificial intelligence. Despite the company's third-quarter results that beat expectations and gave strong guidance, shares fell more than 2% in after-hours trading.
● Nvidia shares fell about 0.8% during regular trading hours on Wednesday following the release of its earnings report.
● The after-hours action "shows how high Nvidia's expectations are," Aswath Damodaran, a finance professor at New York University's Stern School of Business, said on CNBC's "Closing Bell: Overtime."
● On the other hand, Snowflake's stock rose more than 19% after the company's third-quarter results beat expectations.
● The action came after a mixed day on Wall Street, with the S&P 500 closing almost flat. The Dow rose nearly 140 points, while the Nasdaq Composite fell 0.1%.
● Traders will focus on Thursday's economic data, including initial jobless claims and existing home sales data. Cleveland Fed President Beth Hammock, Chicago Fed President Austan Goolsbee and Kansas City Fed President Jeff Schmid are also expected to comment throughout the day.
● On the corporate earnings front, investors will analyze reports from Gap and Intuit after the market closes.
●BTC just broke through a new high of $95,000 this morning and is holding near that level after Donald Trump considered whether to create a new position in the White House dedicated to cryptocurrency policy.
●The top asset has risen sharply in the past two weeks, mainly due to the expectation of Trump's victory in the 2024 presidential election.
As Bitcoin continues to set new highs near $95,000, the altcoin market has seen mixed performance.