$BTC price is high or low, it is meaningless to the bookmaker
I suddenly realized that when you play Future, the higher the Long order ratio, the more the bookmaker will find a way to destroy the Long order, so the price will have to go down; on the contrary, when the Short order ratio is too high, the bookmaker will find a way to destroy the Short, then the price will go up.
However, the Long/Short ratio is only known to the bookmaker, and the TP/SL ratio is also only known to the bookmaker in real terms. At that time, the regulation of the $BTC price is done by the bookmaker, because the bookmaker is also a big Spot player, with a huge capital, so he can buy in or sell out continuously to regulate the price of $BTC
Thus, for the bookmaker, the BTC price is no longer important, but the important thing is how many Longs can be destroyed, how many Shorts can be killed to gain how much profit,
Thank you! source copy. What do you think about this?

16 billion USD could flow into cryptocurrencies in the third quarter 😱
The reason for this is that#FTXdistributes cash.
But they will not return funds in BTC, ETH, SOL or any other cryptocurrency.
Instead, they will receive a return from the stable based on November 2022 prices.
Imagine you hold 1#BTCthere, the price is $16k.
You won't get $56k, but $16k.
There are also 2 important dates to pay attention to:
◾ August 16, 2024 - Deadline to vote on FTX bankruptcy
◾ October 7, 2024 - FTX's bankruptcy plan may be approved
How could it affect the market?
As I said, profitability is expected to occur by the end of Q3.
Plus, at that time, the world will be watching the US election.
These 2 events could create a bull market
Even looking at previous increases following inflows:
$BTC:
◾ On January 8, cash inflow was 210 million USD. Price increased +5% in one day
◾ February 26 - March 4, cash inflow was 1.139 billion USD. Price increased +32%
$ETH :
◾November 9, 2023, cash inflow was 100 million USD. Price increased +10%
◾ April 8, cash inflow was 217 million USD. Price increased +8%.
SOL:
◾From March 11 to March 21, cash inflow was $634 million. Price increased by 25%
How high can we go this time?

🚨 🚨 🚨 Be cautious of Influencer advice
I noticed many influencers telling their community: "Don't sell, it's just a decline. If you sell, you're weak." They are facing significant losses and are using their influence to encourage purchases. They advise buying Bitcoin at $72,000, then $70,000, then $68,000 and now it's down to $58,000. Imagine how many times they did this. I believe they cannot control the market; they are not market makers.
Instead of following popular Twitter accounts, I recommend doing your own research (DYOR) and developing your own strategy. These influencers often buy ahead of major uptrends, so they still profit despite major crashes. Always plan your entry and exit points in advance. Don't fall into the fear of missing out (FOMO) that many people are experiencing right now.

A plan that if you execute it perfectly, you can earn 10 million.
# The strategic plan has the potential to earn $10 million
Step 1: Build your principal
Work hard for two months to increase your principal to about $10,000. This initial effort lays the foundation for your investment strategy.
Step 2: Buy strategic coins
Invest in new and trending coins when Bitcoin's weekly line is above MA20. Focus on coins that are popular and have a strong story, similar to how APT operated before it emerged. Coins like OP could take off even if Bitcoin's value increases slightly. Make sure your picks have market heat and compelling stories.
Step 3: Manage risk with stop loss orders
Implement stop loss when Bitcoin falls below MA20. During these times, continue working to increase your principal. Allow yourself to fail two or three times with a $20,000 deposit, investing $10,000 each time. This gives you more chances of success.
Step 4: Take advantage of profits
Aim for 4-5x profit on coins like APT and sell at that time. Continuously implement this strategy, remember that with small amounts you must invest in new and promising coins, avoid ETH and BTC due to their slower growth. Moving from a bear market to a bull market, achieving a 5x triple return can multiply your investment by about 125x over one to three years.

Futures trading is like trying to tame a wild snake. The market is unpredictable and futures traders often fall prey to it. When you trade futures, you are betting on something no one can predict. Even the best traders cannot say with certainty where the market will go next. It's all a guessing game and many people end up losing a lot of money. When you tell the market your trading position, it's like putting your hand in a poker game. This can leave you vulnerable. The market can quickly turn against you, causing you to lose money. Think of a snake in the forest. It does not eat all its prey at once. Similarly, not everyone will lose money trading futures, but most will. A few may get lucky, but that is the exception, not the rule. Futures trading is risky. It's like gambling in a casino where the odds are against you. The opportunity to make quick money can blind you to the reality of big losses. This is not just a game of skill but the unpredictability of the market can wipe out your money in an instant. As they say the Casino always wins. So before you start trading futures hybrid, ask yourself whether it's worth the risk. The promise of quick profits is tempting, but the reality is often much harsher.

Rumors about USDT (tether) being banned are 100% fake news, everyone

After reading about this Binance theft, I would like to say a few words.
I have seen some independent developers create a chrome plugin and put it on the chrome web store. It is very popular and easy to use. It has hundreds of thousands of installs at once.
Then a company comes to you about an acquisition and directly pays millions of dollars in cash to buy plug-ins from you.
Generally, these developers are amateurs working on plug-ins and other things. The functionality of the plug-ins was almost the same and they had no incentive to continue maintaining them - so they simply sold them. them and take out hundreds of thousands of dollars in your pocket, you can do anything you want.
In fact, these companies are all black and gray products. These investors probably knew it well but were too lazy to take care of it, so they just took out the money and officially announced that they had bought back the project, cutting it off completely. relationship, out of sight, out of mind.
Then it seems there is a legitimate and official chrome plug-in. Once purchased, it will start stealing your cookies and causing losses.
Binance was unlucky this time. It did not verify cookies and IP addresses. Hackers took cookies and logged in directly, so they deserved to be attacked.

Of course, for cashflow, the most important thing is to always prepare a brand new computer or a clean sandbox running chrome (or even chromium), without extensions. browser, do not install any unnamed plug-ins, do not download and install malicious programs - be suspicious of everything.

The time to take profit is very important. Be alert

I see many people wondering that Q3-Q4/2025 might be the peak, but why do many experienced KOLs think they will take profits at the end of this year or at the latest around Q1/2025 (possibly leaving some money to play at the end of 2025). But basically, most of the cash out will be in Q1/2025).

Why do guys with 3 seasons of experience have the view to exit so early when many people think the game is still long?

MM will simply explain this in terms of perspective but cannot accurately predict the peak of the cycle. You can refer to it to make your own decision.

If you look at BTC's monthly chart, you will see that the first peak in 2021 is April, before the historic crash on May 19, 2021, the coin was pumped extremely strongly in April. After that, the whole market collapsed sharply and continued to peak again. 2 in November 2021.

You can open many "old season" altcoin charts at that time and you will discover that in this second peak increase, only BTC and a few topcoins increased, most altcoins only peaked with BTC. April period and then only partially recovered in November 2021, not breaking the April peak. (This is talking about Altcoins in general, not just top-mid-cap)

In short, no one can guess where the peak is, but can only lock in the peak area (a few thousand price difference) and have to cash out the money.

If you have a choice between cashing out money, whether a little or a lot, you would still prefer it to swinging high and losing money waiting for another 4 years, right?

That's why some experienced and cautious people choose to lose most of their money in the upcoming strong increase.

If you want to invest for a long time, you must have money first. As long as you have money, you still have the right to continue playing with the market.

There is a lot of misleading information about the ETH ETF right now:

1- So has the Ethereum ETF been approved yet? YES (form 19b-4)

2- When to start trading? Companies are working with the SEC on their product details (S-1 filing), which could take 2 weeks or more.

3- Is it possible that the S-1 application will not be approved? There is no reason to pass 19b-4 without passing S-1, it's just a matter of time.

4- Today the commissioners only authorized the SEC's market regulator to approve the Ether ETF but did not vote, so is there a possibility that they can withdraw the approval order? NO, because they themselves ordered the mandate. They have the right to question the approved decision, but just to get an answer, the Ether ETF has been approved.

🔥🔥🔥 ETHEREUM SPOT ETF UPDATE: Coindesk has now confirmed the possibility that the Ethereum Spot ETF could be approved this Thursday.

According to three sources, exchanges that want to list and trade shares of Ethereum Spot ETFs are suddenly required by the SEC to update their records.

For an ETF to be approved and begin trading, the issuer needs the SEC to approve a 19b-4 application (regulatory approval for an Ethereum Spot ETF) and an S-1 application (approval of a company's product details). to start trading e.g. BlackRock's Ethereum ETF product).

In the case of the Bitcoin ETF, both were approved at roughly the same time and traded a few days later.

One theory being talked about is that the SEC doesn't want to upset the crypto community, but they also don't want an Ethereum Spot ETF on the market right now. One way they could do this is to approve the Ethereum ETF as a general product but delay approval of any specific products until they approve the companies' S-1s, which could take a while. time.

Where can#ETHgo?

This post is purely PTKT, and has no fantasy elements like idols drawing waves in this area and then returning to that area and returning blah (actually, last season there was an idol like that who after doing a lot of work was wasted. After grouping, the idol is now hidden.)

One very simple thing that keeps me looking for "cheaper" prices to buy altcoins is to wonder if Ethereum's correction wave has ended or not, and the chart shows that it has not.

Currently, ETH has set up a recovery period after the double bottom sweep and this recovery period can be pulled up to over 3k5, but anyone following me knows that the most reasonable waiting points to buy will be the old peak or old bottom area, like shape, and the current increases mainly help with liquidity in the future. The market trains 3 bottoms to withdraw, but the price may go down

This sharing is to suit the majority, because of different positions. For example, if you are F0 and jump into the market and are called the "wave base" (even though #BTC  is actually testing the peak area, objectively the price line is like that), be very careful. Most investors who can buy at the right bottom (I'm not too good, I can also buy around the position when BTC is 28k, and only temporarily stop bullish at this range when the market retests the old peak in 2021) are very happy to I've been patiently observing the market, but don't get carried away at this stage.

Survivor bias will tell you stories of successful coin traders, but because that is only 5% of luck, it is told as a story to attract new people to the market. But 95% leave the body, even hang themselves, etc., no one mentions it at all. Be careful if you've only been here for the last 3-4 months

pump

#btc #bitcoin

Token airdrop coming soon. Follow me to get the latest ìnormation.
#AirdropCrypto #airdrop. #airdrop #air

What is trend-beating:
- Betting with the trend means betting according to the general trend of the market.
- The first thing is to determine whether the current market is in an uptrend or downtrend.
- If the market is in an uptrend, only buy up at the low end, do not sell down. Because when the general trend is increasing, some indicators are overbought, there may be a decrease signal, but it is not certain that the price has decreased, it will only move sideways or decrease slightly and then increase again.
- If the market is in a downtrend, only sell high and do not buy up. Because in a downtrend, the indicators are oversold and if there is an increase signal, it is not necessarily true that the price has increased but will only move sideways and then continue to decrease.
=> So what trend is this period? In my personal opinion, from November 2022 to November 2025, only watch low and buy up. Don't sell down. Of course, each person has their own fighting style. So those who are nimble can still make money selling high-quality soup in a rising market. But this number is not much. And there is no right or wrong!#btc#eth

#btc #cheox

Will the Bitcoin halving event increase the price of BTC?
Positive sentiment surrounding Bitcoin's halving has previously been linked to price volatility, as some investors predicted the market would increase in price after the halving.

While old patterns show that Bitcoin prices typically increase following halving events, you should note that this trend is not guaranteed and Binance does not predict future price fluctuations. The price trend will depend on the circumstances surrounding Bitcoin's halving in 2024, including continued adoption and other factors influencing demand.

Bitcoin halving history
Mining rewards started at 50 BTC/block when Bitcoin launched in 2009. Since then, there have been three halvings. Bitcoin's first halving event occurred in November 2012, which reduced the mining reward from 50 to 25 BTC. The second halving event took place in July 2016, causing the mining reward to decrease further, to 12.5 BTC. During the third halving event in May 2020, mining rewards were once again halved, to 6.25 BTC/block. These halving events are necessary to control Bitcoin's scarcity and inflation rate, ensuring the token supply will never exceed 21 million, in accordance with the cryptocurrency's deflationary principle. .

Welcome to us.
BTC will set a new peak this year.
#BTC #btc