Ethereum · The reason why it can't outperform Bitcoin has been found, and the reason for the recent market panic has also been identified
Currently, the total market value of Bitcoin ETFs is $60 billion, with Grayscale having a total outflow of $20.1 billion
The total market value of Ethereum ETFs is $6.82 billion, with Grayscale having a total outflow of $3.1 billion
Altcoins represent the altcoin market, which is being drained, coupled with foreign turmoil, leading to severe market risk aversion,
Institutions in the market are massively increasing their Bitcoin holdings for hedging, while retail investors are frantically selling altcoins for safety
Additionally, due to some panic-driven exits, the Ethereum Foundation is cashing out
This has resulted in Bitcoin's crazy surge, while the altcoin market doesn't understand the situation and continues to be drained

#比特币布林带收窄至低水平 #TIA、SUI、OP大额解锁 #年底牛还熊？ #ETHBTC汇率新低

I've been following TIA for a long time, always waiting to see if it will pull back so I can short it
[sour]
, the bad news from the brand-name can't escape, I've just missed it so cleanly, the unlocking starts the day after tomorrow
I still remember it was at 5.94 last time, now it's at 5.16,
now I don't want to miss the upper resistance around 5.5, looking for opportunities to short with low leverage
Why low leverage?
This coin is going to unlock the day after tomorrow, the volatility will be very huge
To balance the risk, placing small low-leverage orders is the best choice

#比特币布林带收窄至低水平 #PCE、非农数据来袭 #TIA、SUI、OP大额解锁 #年底牛还熊？ #ETHBTC汇率新低

Big Biscuit: In the past few days, I have been emphasizing the shift from bullish to bearish thinking. Since Monday, the market has already experienced three consecutive days of pullbacks, and it is currently adjusting its deviation rate. Yesterday, it was trading around 67000, and the market has repeatedly attempted to break through the support level of 66600 but failed, forming a strong support after the pullback. From a daily perspective, it is highly likely that the market will attempt to break downwards again, still under pressure from the trend line.
Looking at the 4-hour chart, the K-line has turned down again, and the market still needs to continue breaking down! For intraday operations, you can short on rallies, with key resistance at 67350-67800 and key support at 66600-66000.

Second Biscuit: From a daily perspective, three consecutive solid bearish candles have formed, contrasting with the repeated attempts of the big biscuit to form a bottom. The second biscuit has been in a continuous downtrend without looking back, and currently, there is no obvious small support in the current small wave. The second biscuit has pulled back from the high point to the area between the MA7 and MA14 moving averages, which can be used as a defensive support point. On the 4-hour chart, after the death cross of the MA mentioned in yesterday’s report has formed, there has been no clear reversal signal, and it is still continuously under pressure from the MA7 moving average. For intraday operations, maintain shorting on rallies, with key support at 2630-2665 and key resistance at 2580-2650!

Altcoins: Currently, the market liquidity is very poor, and the overall volume cannot keep up, only maintaining the trend of the big biscuit. The second biscuit and altcoins are basically stagnant. The current trend needs to be refined; if not refined, it will rise every day until the end of the month and the beginning of next month, coupled with the election news at the beginning of next month, there is not much room for movement. To put it bluntly, it is just passing time, adjusting downwards with the big and second biscuits together. Still, the same saying applies: light positioning is possible, but you must watch the target and the hype, focusing on ultra-short-term operations. The time for long-term investments is not yet here.

Today's market greed and fear index is 72. The greed index has been hovering around this level for a while, with a strong bullish sentiment in the market. From the 16th to the 21st, there has been a continuous high-intensity greed index for five days. Currently, what is missing is just a catalyst to push the market further. The bullish sentiment has been brewing for half a month now.
Yesterday, Ethereum experienced a strong surge, which directly drove the rise of altcoins, leading to a preliminary rebound. Looking at the K-line weekly chart, we can see that Bitcoin has now approached its historical high point, leaving only a few points of space. However, Ethereum's rise seems to be far off. This is partly due to the Ethereum Foundation's massive sell-off, but more so because Ethereum and altcoins are moving synchronously. Apart from a few established altcoins, project teams have given up, and many new altcoins are still at the bottom, lacking significant movement. Ethereum is waiting for altcoins to catch up. Currently, the arrival of a bull market is getting closer, and every time Ethereum rises, it will inevitably bring up the altcoins as well. The only thing that might confuse everyone is whether there will be one last drop.
K-line: After yesterday's surge, Bitcoin reached a recent high point, and a minor pullback today is not very significant. Currently, the support below Bitcoin is at the 68000 MA7-day moving average, with the first support at 66800 as the second support below.
For Ethereum and its altcoin brothers, it is advisable to pay close attention to Ethereum's trends. Currently, Ethereum has also broken through the upper Bollinger Band on the 4-hour chart after a rapid surge yesterday. The day's pullback has simply played a role in market correction. Currently, the first support level to watch below is around 2715 as the first intraday support. The second support below is at 2680.
Point Analysis
Today's key focus on BTC Bitcoin:
Upper resistance around 69100 to 70000 as the first and second resistance.
Lower resistance at 68000, down to around 66800 as the first and second support.
(Intraday focus on low longs)
Today's key focus on Ethereum:
Upper resistance from 2750 to around 2770 as the first and second resistance.
Lower resistance at 2715, down to around 2680 as the first and second support.
#APE暴涨 #BTC要挑战7W大关了吗？ #YGG、ADA、ENA解锁 #特朗普家族加密项目

Analysis of the intraday trend of BTC
Today's market greed and fear index is 71, down 2 points from yesterday. After three consecutive days of false breakthroughs at high levels, some people in the market have begun to panic and turn from longs to shorts. But longs still dominate.

Let's talk about the macro first: The dog dealer has been pulling the market so urgently, and the purpose is to trap the leeks at the highest point. Now the leeks have been cut more and become more refined. Many people have shouted for a few more days on the surface, shouting everywhere that the bull is coming, but they just don't get on the bus. It is obvious from the trading volume of the crypto market in the past few days that the total trading volume of the market on the 15th is between 90 billion and 110 billion, and the current trading volume today is only about 80 billion (24-hour system). And since the 14th, the crypto market has been stretched continuously, and the cake has been pulled by more than 10%, but the overall market value of the crypto market is still around 2.33 trillion. There has not been much capital flowing into the currency circle during this period. So the dog dealer has done so many things for one thing, which is to trap the leeks at a high level, so what are the basic elements of this? The cottage market is generally rising, creating a wealth effect. You come and I will leave.
Lao Teng’s personal opinion is that the current position may undergo a continuous small shock correction in the next few days, and then the cottage market will make up for the rise in the weekend. When there is obvious capital flowing into the currency circle, it will be seen whether it is to lock in the leeks.
Let’s talk about the K-line from the Bollinger Bands. The big cake has directly broken through the upper track for two consecutive days. The current market needs to make a market repair process and give the next wave of trend a space to make up for the rise. The big cake is currently trading around 68,000, which shows that there are indeed a lot of resistance above. After many high-intensity pull-ups, the market also needs a power accumulation before attacking. And the current market is exactly the same as the market around July 20, and the points are also similar. Therefore, Lao Teng predicts that this wave of market will have a correction of more than 4 to 5 points. After the next wave of stretching, wash the market. Of course, Lao Teng is now talking about a small cycle of at least half a month. After all, this wave of trend in July also took nearly two weeks.
When the market rises and drives the entire market to a climax, that is when we go short until everyone is talking loudly.
#美国大选如何影响加密产业？

#BNB涨至600 #BTC要挑战7W大关了吗？

The coins on the Ethereum Layer 2 network are continuing to rebound.
I will simply compare the coins of the four kings of L2 by market value.
OP: 1.8 billion market value, launched in June 2022, unlocked every month, 2.6% in 3 days for the next unlock.
ARB: 1.6 billion market value, launched in March 2023, unlocked every month, 2.56% in 3 days for the next unlock.
STRK: 800 million market value, launched in February 2024, unlocked every month, 3.6% in 3 days for the next unlock.
ZK: 500 million market value, launched in June 2024, first unlocked 264 days later.
Brothers, with such simple data comparison, brothers, do you know which one to invest in?
The second-layer ecosystem of Ethereum is more than this
[Eat melon][Eat melon][Eat melon]

Fuck him

#新币挖矿已上线HMSTR #本周美国将公布PCE、GDP数据 #谷歌云与Solana合作 #PayPal将允许美国商家交易加密货币 #币安上线CATI

Hamster game HMSTR will be launched on major platforms (An'an and OKX) in one day, brothers can pay attention to it

, and Lao Teng here warns everyone not to rush blindly, this coin is in danger of airdrop !!!

I found that the new coins launched recently are very awesome, and they are all listed on An'an and OKX at the same time

From DOGS to CATI, they are all directly launched

This HMSTR looks a bit good, but the essence is still the same as before, it is still a Telegram game

And there are a lot of airdrops

This kind of coin game, and the mining coins with a large number of airdrops are accompanied by a large range of selling pressure after the launch

So brothers who participated in this so-called airdrop, or pledged mining coins, I personally recommend leaving directly after the launch

There is no need to hold it for a long time, find an opportunity to wait for the future

#新币挖矿已上线HMSTR #谷歌云与Solana合作 #本周美国将公布PCE、GDP数据 #币安上线CATI

CAT (Simon's Cat Token) Brothers, it has doubled. The 100U Ares CAT that I led you to buy has doubled to date.

I shared the 100U Ares coin with you on August 20th. Lao Teng has been paying attention to this coin.
Lao Teng mentioned this coin several times last week, indicating that you can buy it.
First, it is a cat series coin that was launched with the popularity of the dog series.
Second, FLOKI was fully promoted before its launch, and it has been promoted and paved the way. It is also the first coin to be completely out of the circle after the launch of its sub-coin platform TOKEN FI.
Third, before it was launched, it has attracted the attention of major institutions, DWF, Grayscale and other top cryptocurrency giants.

Currently, this coin has been listed on OKX's Heyue pair. If the promotion and marketing are further promoted and listed on the spot pair, it will take off soon. Believe in Lao Teng, leave it to Lao Teng, and wait for the benefits. Lao Teng promotes all coins with famous brands and never hides anything.
If you are willing to believe, follow it. If you don't want to wait and see, just wait and see. This is a powerful blogger who speaks with results.

#加密市场反弹 #美联储宣布降息50个基点 #moonbix #BananaGun钱包被盗 #CATI价格预测

After looking at the Jinshi data, I found that the market is complicated. Japan raised interest rates and the US Federal Reserve cut interest rates.

The Federal Reserve meeting at around 2 am tonight will make a decision on whether to cut interest rates or not.

Brothers, a big turning point may be coming. Today may be the day when BTC leads the market to turn.

The entire investment community is paying attention to the news tonight.

There are three voices in the market at present.

Directly cut interest rates by 50 basis points, market sentiment directly exploded, and the sentiment reached the overall BTC currency market instantly pulled up,
and then quickly fell back. The step was too big, and the market impact could not be borne. The market needs one to two months to re-adjust.

The batch interest rate cut this time, 25 basis points in September, gave the market sufficient confidence, and the market began to turn to the arrival of bulls. It continued to rise all the way to November to escape the top and wait for the next wave of market.

The descending resolution was directly postponed again. There will be no more interest rate cuts this month. The market fell into a huge selling frenzy and fell into a slump. It is not impossible for the market to return to 5.3W.

#币安上线NEIRO #新币挖矿HMSTR #美国大选如何影响加密产业？ #加密市场反弹 #美联储利率决议公布在即

Brothers, I will share a coin with you. ZK has entered the first position and has placed an order for the second position. Brothers can focus on this coin. It has the lowest market value in the L2 layer network among the Ethereum series coins and has never been a bullish one.
ZK: You can start the first position layout at 0.095, and the disconnection operation is 15 points as a base, waiting for ETH to make up for the subsequent rise and drive the overall 2nd layer to fly

#非农就业数据即将公布 #BTC走势分析 #Telegram创始人获保释 #美联储何时降息？ #以太坊基金会

The price of Bitcoin suddenly went up by 700 USD.
Brothers who are trading can pay attention to the Fibonacci 38.2% retracement defense point above, which is around 58,500.
You can try to buy a small amount of the first position.
[dirty]

#非农就业数据即将公布 #Telegram创始人获保释 #美联储何时降息？ #BNBChainMemeCoin #以太坊基金会

The unemployment benefit data on the 6th and the CPI data on the 12th were released. Now the market sentiment is very focused on the short side. The current market environment seems to be a tight elastic rope. In addition, the expectation of interest rate cuts has given the market sufficient confidence.

Personally, I predict that this market will most likely rebound before the data on the 12th is released to cooperate with the landing of market news, and this situation is likely to occur around the 8th to the 10th.

Brothers, what do you think?

#非农就业数据即将公布 #Telegram创始人获保释 #美联储何时降息？ #BNBChainMemeCoin #以太坊基金会

The water friends in the group shared the predictions about the unemployment rate on the 6th and the CPI data on the 11th. Is there anyone who knows about this situation? ?
#Telegram创始人获保释 #英伟达财报 #以太坊基金会 #美联储何时降息？

20:30 on September 6th, the unemployment rate data of the old US (important)

September 11th, the US CPI price index data (important)

September interest rate cut + unemployment rate fell, good + CPI fell, good = big rise

September interest rate cut + unemployment rate rose, bad + CPI rose, bad = big fall

A sneak peek at this week's major events

This Friday's unemployment rate and non-farm payrolls data are worth paying attention to, and the Federal Reserve's interest rate meeting will be held in two weeks. Judging from the current trading data, there is a 70% probability of a 25Bp rate cut and a 30% probability of a 50Bp rate cut. If the economic data this month is under great pressure, there is indeed a possibility of a 50Bp rate cut.

The cryptocurrency market is very weak. The market has been poor in September in previous years, and the trend in September this year is not optimistic. ETH is still the weakest, and now Gas is only 0.6Gwei, a record low. We have mentioned ETH's weakness many times in the second half of this year. Judging from the current situation, this situation has not improved at all.

This week's major events:

Monday, September 2

The US stock market is closed for one day

Wednesday, September 4

The Bank of Canada announces its interest rate decision

Thursday, September 5

The number of initial jobless claims in the US this week

The number of ADP employment in the US in August

The Federal Reserve announces the Beige Book on economic conditions

Friday, September 6

The US unemployment rate in August

The seasonally adjusted non-farm payrolls in the US in August

Speech by Federal Reserve officials

Crypto market outlook

The crypto market is very weak, and investor confidence is seriously insufficient. The IV of major maturities is relatively stable, and the medium and long term continues to decline slightly, while the medium and short term rebounds slightly. Option trading is beginning to move closer to the US election, and the IV of options expiring on November 8 is significantly higher than other maturities.

Currently, the medium and short-term IV is already at a low level this year, and there is still downward pressure this week. At present, there is no chance of a rebound in the ETH exchange rate, and the bearish ratio spread or cross-currency short exchange rate is very cost-effective.
#Telegram创始人获保释 #英伟达财报 #OpenSea收到韦尔斯通知 #以太坊基金会 #美联储何时降息？

September 2 Today, K God, Fei Ge's morning review of the research report
Analysis of BTC, ETH, and copycat
K God will live broadcast at 9 o'clock tonight to share the latest ideas with you

#Telegram创始人获保释 #英伟达财报 #OpenSea收到韦尔斯通知 #以太坊基金会 #美联储何时降息？

July 31, 2019: First rate cut, 25 basis points.

September 18, 2019: Second rate cut, also 25 basis points.

October 30, 2019: Third rate cut, 25 basis points.

So good news is good only when it comes for the first time. Those who get on the bus first will eat meat, and those who get on the bus later will eat farts.

#Telegram创始人获保释 #英伟达财报 #以太坊基金会 #美联储何时降息？ #新币挖矿DOGS

Before the bottom of the cottage industry really comes, where should we focus on? ?
The answer is to aim at the potential blue ocean based on the popularity. Next, I will analyze this season and see what potential blue ocean tracks there are.

1. Big Cake Ecosystem, the new hot ecology of this season: Inscriptions, although it has been criticized, it has a good reputation. It is almost not far from the bottom after the high point, especially ORDI. If it encounters a direct rush below 15 in the future, SATS can also be paid attention to.

2. SOL plus MEME ecology, this year's star public chain, the focus of hype hot spots, this year's local dog warming pool, and some small-cap coins on the Solana chain that have been on the second level can be selected in the future. Representatives BOME and WIF are still okay.

3. Ethereum Ecosystem, Lao Teng has always emphasized that Ethereum is the leader of cottages and the benchmark of cottages. Since this year, Big Cake has been the only one to show off, and the second cake is still standing still. Only when the second cake catches up later can the cottage be pulled up. Representing the four kings of L2, op, arb, zk, strk, Ethereum basic setting SSV, Ethereum's largest pledger LDO

4. AI track, the star track of this season, currently there is no so-called leader, and it is currently very popular. Many people believe in this track and the consensus is strong. Representatives, WLD, AGIX, ARKM, FET

#Telegram创始人获保释 #英伟达财报 #OpenSea收到韦尔斯通知 #以太坊基金会 #美联储何时降息？