🧧👇Yesterday, Thursday, we arranged 3 contracts in total (3 intraday orders), 2 short orders and 1 long order. Among them, 1 long BTC order and 2 short ETH orders.

A total of 3 orders were traded, 3 take-profit orders (the worst of 2 ETH orders was the cost), 0 stop-loss orders, and 2 break-even orders. BTC long orders made a profit of 700-1300 points, and the worst ETH short orders did not lose money, and some even made a little money (told 2333 to close the short in advance).

Using 100x leverage, Bitcoin accumulated a profit of 180%+ yesterday. I didn't make money on ETH, but I saw that some made a lot.

Summary: The idea of ​​doing orders + points + direction that was first released yesterday was to arrange BTC long orders first, and then short ETH to connect BTC. Some friends asked you at that time why it would not be better not to short BTC to connect BTC? First, the exchange rate of the aunt was very weak at that time, and you could make a lot of profit. Second, some newcomers don’t understand the high-level two-way position of a currency.

Key point: I was the first to tell you yesterday that BTC broke through the downward trend line. I also posted an analysis chart of BTC's long positions. Then we repeatedly reminded the long position at 57350 to ambush. I ate big meat before going to bed at night. I still have 20% of the position, and I can move to protect my capital.

Extension: BTC did not break through 58600 today (once it breaks through, it will spirally squeeze the shorts), which makes me wait and see the strength of the longs. $BTC

🔻Bitcoin Price Falling: What to Expect This Week?

Markets are cautiously awaiting upcoming economic data, which could intensify cryptocurrency volatility and set the course for the coming weeks. What does the price of bitcoin have in store this week?

Inflation data is once again the focus of this week. On Wednesday and Thursday, respectively, the latest figures for the Consumer Price Index (CPI) and the Producer Price Index (PPI) in the US will be published, as stated by the eToro crypto-asset analyst.

This is why the price of BTC shows strength above its recent lows. He added that “markets fully anticipate a cut in interest rates at the next Fed meeting on the following Wednesday.

This would be the first cut in interest rates since they rose to multi-decade highs last year.” “If inflation data turns out to be much lower than expected, it could influence the Fed's decision, moving from a possible 25 basis point cut to a more aggressive 50 basis point cut”

🔔Always do DYOR!

#Bitcoin #BTC☀️ #MarketSentimentToday #TopCoinsSeptember


$BTC

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➖➖➖➖➖➖
Target 1: 96.44 ✅ Completed
Target 2: 97.44 ✅ Completed
Target 3: 99.44 ✅ Completed
Target 4: 101.44 ✅ Completed
Target 5: 103.44 ✅ Completed
Target 6: 107.44 ✅ Completed
Target 7: 114.44 ✅ Completed
Target 8: 124.44 ✅ Completed
Target 9: 134.44 ✅ Completed
Target 10: 154.44 ✅ Completed
🔥🔥I just said yesterday whether I could achieve this last goal. Haha, at 15:00 in the afternoon, it suddenly rose to 159. Completed all 10 goals we set! Complete profit stop! You can keep a tail position for later. Congratulations to everyone for a terrifying return of more than 1208.48%! ! 🔥🔥
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🔔Solana is one of the top performing cryptocurrencies in 2024

According to Cointelegraph, the cryptocurrency closed the first half of the year with a 30.5% increase, driven by rising trading volumes and new developments in the DeFi ecosystemSolana (SOL) has been a standout in price performance and amid market developments, according to a report by Binance Research.

This year alone, the asset has risen by more than 42%, one of the best results among the top ten trading coins, according to CoinMarketCap.

Solana is a high-performance third-generation blockchain platform designed for decentralized applications (dApps) and cryptocurrencies. Like Ethereum Layer 1, it is a multi-functional blockchain capable of supporting a wide range of functionalities and smart contracts in a diverse ecosystem of decentralized applications.

Thanks to innovations such as proof-of-history and parallelization, Solana can process transactions much faster and more cheaply than Bitcoin or Ethereum layer-1 blockchains. This makes this blockchain a high-performance network, with block times of 400ms and tens of thousands of TPS, compared to Bitcoin and Ethereum block times of about 10 minutes and 15 seconds, respectively.

Furthermore, Solana’s performance was boosted by the significant increase in trading volumes on decentralized exchanges (DEX), which grew by 42.2% in July to a total of $54.6 billion. The move was largely driven by the growing interest in trading meme coins.

“Furthermore, the Solana ecosystem continued to expand with an average of 1.7 million daily active addresses and an 18.2% increase in daily transactions, which reached 1.3 million,” the Binance report highlighted.

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