Contract Code: The SEI hourly level is also beginning to rise, currently at the middle band of the Bollinger Bands, and this support position is relatively stable. Current price 0.3465, enter long position, stop loss 0.3300, target 0.3800.
From another perspective, is it possible that in this bull market, altcoins will not experience a general rise?
1. Since the halving, there have been too few retail investors entering the market; it's mostly just the remaining old investors.
2. There are too many new and old coins in the market; if we are to see a decent general rise, how much capital would be needed? In this market, do individuals or institutions have the confidence to buy altcoins?
3. The major drop on April 13th felt largely influenced by human factors, as if there was a desperate attempt to pull out some funds from the market, causing it to take a long time to recover.
4. Newly listed coins have been falling continuously, halving and then halving again, with no bottom in sight; everyone is eager to cash out, and there is only so much retail investor capital available—how long can they cash out?
5. Ethereum is trash.
Four-year cycle bull markets are a pattern; you can try to carve a boat to seek a sword, but altcoins may not necessarily adhere to this pattern. There may only be a few altcoins in a bull market, while many continue to decline and trap investors’ funds.
Everyone says Bitcoin has reached a new high, but how many times must the altcoins rise to break even? Previous bull markets were not like this.
So if you buy altcoins, you need to carefully choose your targets; otherwise, you are likely to miss out on significant gains (even if you buy a tenfold coin, you might sell early because you don't believe it can achieve tenfold). #非农就业人数大幅降温 #BTC市占率新高 #BANANA、ADA、ENA大额解锁
At this moment, the market seems to be focusing all its attention on the presidential election, especially with people hoping that Trump could be the savior of the crypto market. However, it seems that Trump's election prospects are somewhat unfavorable, and Harris has the potential for a comeback. Yet, people are overlooking the question of whether the Federal Reserve will cut interest rates in November. In fact, there are significant uncertainties for the crypto market as well. The "New Federal Reserve News Agency" has made a strong statement: The Federal Reserve is expected to lower interest rates by 25 basis points this week.
Last week, by coordinating with the Federal Reserve to create a sort of preemptive "buzz," the market was successfully led to believe that a 25 basis point cut would turn into a significant 50 basis point reduction in September. The well-known journalist Nick Timiraos, known as the "New Federal Reserve News Agency," has undoubtedly become the focus of the market as the Federal Reserve's interest rate meeting approaches.
However, this time, in his latest weekend column, Nick Timiraos clearly did not throw out any shocking views—he expects Federal Reserve officials to methodically cut rates by 25 basis points at Thursday's meeting.
Market Hotspots: 1. Fan tokens juv, lazio, etc. are rising. Historically, the rise of fan tokens often indicates a market decline.
2. Depin's grass surged 3 times; grass is an AI depin focused on bandwidth, with a market cap of $1.8 billion, surpassing io's $1.2 billion.
3. On-chain meme token pnut saw significant fluctuations. Pnut is a pet squirrel in New York that was euthanized, and Musk's pinned tweet turned it into a political meme. However, previous similar meme slogans like troll, fight, terminus, etc., mostly peaked at a market cap ceiling of $100 million.
4. The ton ecosystem's cati, dogs, etc. are leading the decline. Since the bn above, the ton ecosystem has averaged a one-sided decline of 70%. #美国大选后涨或跌? #比特币矿工收入飙升 #11月市场预测
Spot code: ssv current price 16.616 entry The daily level has reached a key support point again. Steady can bring 10% of the nephew and grandson. The upper space is 20%-30%
Over the weekend, BTC continued to decline with slight volume increase, dropping to around 67,500 at its lowest. This round of correction is related to the upcoming election, and currently, it remains tense, making it difficult to judge who has a greater chance of winning. The 4-hour adjustment is nearing completion, and a low divergence has formed on the 4-hour chart. An intraday rebound is expected, and it is suggested to observe for a day, preferably wait for clear signals from the election before considering entry. The daily level remains healthy, the upward trend has not changed, and confidence should be maintained. There are still several positive factors such as interest rate cuts and FTX fund releases, keeping optimism for a mid-term bull market.
ETH followed BTC's decline yesterday, and a bottom divergence has also formed at the 4-hour level reaching the support range. An intraday rebound is expected, and positions can be built in the range of 2400-2450. The ETH trend remains weaker compared to BTC, and the ETH ecosystem is still not very active. As BTC breaks through and stabilizes, ETH's catch-up is only a matter of time, with a new round of upward cycle about to start.
The altcoin sector followed BTC's decline, with most coins experiencing significant drops. Positions can be built intraday to wait for rebounds. SATS should continue to be held, waiting for a rebound, and liquidate around 50. For medium-term holding, targets can be set around 80. PEOPLE has seen significant decline, waiting for a rebound. After reducing CKB, continue to hold and wait for the ecosystem to explode. FTM should be held, and FB should remain unchanged for now, waiting for the ecosystem to recover. #BANANA、ADA、ENA大额解锁 #美联储利率决议来袭
When trading cryptocurrencies, there are the following 5 basic laws:
1. A fast rise and slow fall indicates accumulation. When the price of a coin shows a rapid increase but a slow decrease, it is likely that the market makers are secretly accumulating coins in preparation for the next price surge.
2. A fast fall and slow rise indicate distribution. If the price of a coin experiences a rapid decline but a slow recovery, this suggests that the market makers are gradually selling off their holdings, and the market may be about to enter a downward trend.
3. No need to panic when volume increases at the top, but exit quickly when there is no volume at the top. When prices are high, if trading volume increases, then the price may still have the potential to rise further; however, if volume decreases at high prices, this indicates a lack of upward momentum, and one should exit the market as soon as possible.
4. Don’t rush to buy when volume increases at the bottom; consider after sustained volume. An increase in volume at the bottom may just be a transitional phase in the downward process, and observation should be prioritized; if trading volume continues to increase, it indicates that funds are continuously flowing in, and one can attempt to buy at low prices.
5. Trading cryptocurrencies is akin to trading emotions, and emotions dictate consensus. Market sentiment can drive price fluctuations, while trading volume is a direct reflection of market consensus.
Contract Code: The neiro hourly level is also starting to rise, currently at the middle band of the Bollinger Bands, and this support level is relatively stable. Current price 0.0013417, enter long position, add position 0.0013090, stop loss 0.0012580, target to be determined.
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The two most important events this week: Retail investors' fantasies are: - Harris elected, Bitcoin plummets 📉 50% - Trump elected, Bitcoin surges 📈 100,000 1. The election results on November 5 may be announced that night. Remember the last time Trump was elected, the market dropped from a limit up to limit down, and many people were wiped out in one day.
2. The interest rate meeting from November 6 to November 7, if rates are cut, it might lead to a wave of increases; if not cut, it will likely follow the previous trend. Based on non-farm payroll data, a 25 basis point cut is expected this time, but combining these two events, the situation becomes complicated, and there could be a significant fluctuation.
The structure of this Bitcoin market cycle is clear; whether Trump or Harris is elected, it will not damage the market structure. The funds are responsible for the market trend, for maximizing their own interests, not for Trump or Harris.
So after the election results come out on the afternoon of the 6th, the market's fluctuations may be far below most people's expectations. This has been verified countless times, such as on the night of rate cuts, or when Trump attended the Bitcoin conference, etc.
The most likely scenario is that after the election results are announced, a spike up/down occurs. Then the market will continue to move as it should. The structure of the Bitcoin market has been completed through half a year of declines/oscillation washing/pressure gathering/accumulation, and will not be disrupted by a single event.
The benefit of the U.S. election for major players is to utilize it both positively and negatively, increasing volatility and creating market divergence; it provides a story to tell. The U.S. election is, after ETFs, the most favorable tool for major players to tell stories.
Contract Code: People's hourly level is also starting to rise, currently at the lower Bollinger Band, this support level is also relatively stable. Current price 0.06930, enter long position, add position at 0.06790, stop loss at 0.06500, target to be determined.
Contract Code: Give the brothers a VIP benefit code. Turbo current price 0.0084950 long position entry, 0.0083360 add position, 0.0081000 stop loss, target to be determined.
Next week, two major events need to be closely monitored:
On November 5, the results of the U.S. elections will be revealed. Looking back, when Trump was unexpectedly elected president, the futures market experienced severe fluctuations, soaring and then plummeting, leading to a significant number of liquidations due to intense clashes between bulls and bears. Following that, from November 6 to 7, the Federal Reserve will hold a monetary policy meeting. If the meeting announces a rate cut, the stock market is likely to see another surge; conversely, if the current interest rates are maintained, the stock market may continue along its current trajectory. Based on the recently released non-farm payroll data, the market generally predicts a 25 basis point possibility for this rate cut.
However, when considering both the election results and the monetary policy meeting together, the financial market may face unprecedented significant fluctuations.
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Today the VIP also called for big pancakes and two pancakes, and it's taking off. Now ETH, 100 also has a profit of 220. BTC, 100 also has a profit of 220. The strength of VIP is undoubtedly strong, with such a powerful VIP value that you possess. Now at the beginning of the month, VIP has discounts. Is there any old friend who wants to join? Contact me!
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Tonight there are two important data points Unemployment rate and Non-Farm Payroll The market has been declining from last night until today, what effect will tonight's data bring? A rebound or continued decline? My personal view is that there will be some rebound, but the market trend will still continue to adjust before the data comes out, and the strength of the rebound after the data is released will not be too great.
Let's wait and see the fluctuations brought by tonight's data
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November 1: United States - Unemployment Rate November 1: United States - Non-Farm Payroll Data November 1: $SUI - Unlocking $118 Million
November 2: $DOGE - 2024 Dog Day
November 4: OKX - $SCR Listing November 4: $SKY - Start Brand Restructuring ($MKR) Governance Vote November 4: $ASTR - Asynchronous Support Upgrade Released by Shiden
November 5: United States - U.S. Presidential Election November 5: $TIA - Testing Ginger Upgrade on Mainnet November 5: $PUPS - Token Swap Deadline
November 6: KR - First Meeting of the Cryptocurrency Committee November 6: Binance - $KP3R $UNFI Delisting November 6: Bybit - $SMILE Listing
November 7: United States - Initial Jobless Claims November 7: Coinbase Int. - $NEIRO-perp Listing November 7: OKX - $VELA $KAN $WSM $BORING $CEEK $AVIVE Delisting November 7: Story Protocol - Final Phase Begins
November 8: United States - Federal Reserve Interest Rate Decision November 8: CN - Review of $1.4 Trillion Fiscal Plan November 8: Coinbase - $DESO Delisting
November 11: $APT - Unlocking $107 Million November 11: 0G - Node Sale November 11: $ZEN - Horizen 2.0 Upgrade Meeting, New $ZEN Token
November 12-15: - Devcon 7
November 13: United States - CPI November 13: $MPL - SYRUP Token Release
November 14: United States - PPI
November 15: Hong Kong Stock Exchange - Cryptocurrency Index Launch
November 16: $ARB - Unlocking $50 Million
November 18: $AVAX - Unlocking $44 Million November 19: $ICP - Bitfinity L2 Mainnet November 19: $POLYX - Polymesh V7 November 20: FTX - Court Hearing for $175 Million Settlement with Bybit November 21: $ILV - Beyond Wave 3 Release November 23: $ZEC - Halving
November 25: Bithumb - $RLY $XENT Delisting November 25: Linea - End of Linea Voyage: The Surge Volt 6
GOAT now has a 140% return at 30x. You can now move the stop loss to the entry price and use the profit to gain more room. If you are more stable, you can stop profit first.