Do you think this round of bull market is very abnormal?

Although the prices of Bitcoin and Ethereum have soared this year, have you noticed that this bull market does not seem to be as crazy as before?

Remember the first two rounds of bull market, the number of coins that increased by 100 times and 10 times was not a problem, but now, although Bitcoin has broken a new high, there are only a few coins that have increased by more than 10 times.

Many people complain that the market has changed its routine, but this is not the case.

In fact, this is the inevitable result of market development. Every industry has its wild growth period, and once this period is over, it will tend to develop steadily. For the currency circle, this means that higher requirements are placed on the professional knowledge and skills of participants. If you still stay in the original thinking, what you see may always be an illusion.

Trump-backed DEFI project will be built on Ethereum and AAVE

Source: DB | Tokens: AAVE, ETH

Latest news:

McDonald's Instagram account posted a message about cryptocurrency after being hacked

$SOL

Breaking news: EU threatens to ban X if Musk doesn't censor the platform, with Sandro Gozi, a high-ranking friend of Liberal Party leader Emmanuel Macron, claiming "[we] will force the complete removal of the platform."

"If Elon Musk doesn't comply with European rules on digital services, the European Commission will ask continental European operators to block X or, in the most extreme case, force the complete removal of the platform within the EU," said the senior MEP for the European Recovery Initiative.

It is hard to say whether the interest rate will be lowered in September, but CZ will be released from prison on September 29th, and the cryptocurrency market will surge under the leadership of BNB. I still remember that the cryptocurrency market was shaken when CZ went to jail, so this time it will definitely set off a wave 🌊#BTC

Latest news 🇮🇹Italian established bank Banca Sella now provides Bitcoin services directly on its banking platform $BTC

Good news! Trump's approval rating is rising!

If Trump wins this US election, we may still usher in a huge #Bitcoin bull market!

Whether the SOL ETF can be passed next year depends on whether the government changes.

Gensler will not stay

The government will not choose Gensler 2.0 again

If the Republicans take over, everything is possible, especially since Trump has been building some kind of relationship with these people and achieving some kind of breakthrough. $SOL

Uh... well🤔Adults should stay calm🫡

Why don't you two discuss it

No matter who comes to the stage, don't pay attention to the cryptocurrency circle

It's hard to get up, don't let you two ruin it🥹

Breaking news‼ ️

🇺🇸The US government just transferred 10,000 Bitcoins#Bitcoinworth $590 million to Coinbase Prime.

Tonight, the market went up first and then down. Someone must have known about it in advance. Tomorrow morning, there will be another batch of downs 📉!

As Ethereum fell to nearly $2,100, the highest Ethereum gas fee reached 710 gwei, and the current average is 350 gwei. When Ethereum fell to $1,950, $92.2 million of crypto assets in DeFi protocols would be liquidated; when it fell to $1,790, $271 million of DeFi assets would be liquidated.

$ETH ETF will be launched tomorrow!

Everything is settled! #ETH🔥🔥🔥🔥

There aren't many opportunities left, don't miss them!

If Trump does choose Larry Fink as Treasury Secretary#Bitcoinwill definitely explode.

$100k is a conservative target.

We know he's bullish on $BTC , and I think the US government will even buy Bitcoin and put it on its balance sheet.

This is a once-in-a-lifetime opportunity! $BTC

News:

1. Biden officially announced his withdrawal from the 2024 presidential campaign and supported Vice President Harris as the 2024 Democratic presidential candidate; (currently not officially a Democratic candidate)

2. Trump responded: Harris is easier to defeat than Biden;

3. Harris: African American and Asian (Indian), the first female vice president in American history, Harris has never taken an official position on cryptocurrency. According to financial disclosures, neither Harris nor her husband Douglas Emhoff has ever been involved in the crypto field, but prefers to invest in U.S. Treasuries and emerging markets.

Does this mean that no matter who wins, Binance will win? #币安 $BNB

$SOL Daily Breakout!

✅ Daily downtrend resistance broken.

⌛ Watch for daily support confirmation in the 163/160 area.

🎯 Solana could very well be the next ETF protagonist and looks to be one of the most stable investments in the coming months. $SOL

Big news!!!

🇬🇧Is the UK the next 🇩🇪Germany? 😮

Merlin Somerset suggested that the new chancellor sell the country's 61,245 Bitcoins to help "rebuild the UK", noting that "as long as international criminals use Bitcoin and are caught by the police, more cryptocurrencies are likely to flow into their hands." $BTC

Important things should be said three times:

Don't play with contracts!

Don't play with contracts!

Don't play with contracts!

Especially altcoins!

Blood lesson!

Don't ask why!

You won't believe it even if I tell you🤨

$BTC

Trading rules for cryptocurrencies that you must remember:

1. Do not trade when the market is sideways. This is a good opportunity to intervene when an obvious big positive line breakthrough signal appears.

2. Buy when the market falls back and sell when the market rises sharply. This is a strategy that goes with the trend and allows you to navigate the market with ease.

3. When the long positive line at the bottom appears for the first time and falls back without a long upper shadow, hold the currency firmly until the market closes. This is an accurate grasp of the bottom market.

In the cryptocurrency circle, those who make big money are all tempered, because the bull market will not continue forever, but will be accompanied by a plunge from time to time.

But except for the main players, no one can accurately predict the short-term correction every time, so we need these trading rules to help us better grasp the market. $BTC

Finally, the interest rate cut wave is coming

Powell finally changed his words and said that inflation data strengthened confidence. The market predicts that interest rates will be cut in September, and Bitcoin will usher in macro benefits!

In his recent speech, Federal Reserve Chairman Powell has clearly changed his previous dovish stance. Previously, he emphasized that more evidence of falling inflation is needed before he is confident that inflation can be reduced to 2%. But now he said that the three inflation data in the second quarter have greatly increased his confidence. More importantly, he no longer insists that inflation must fall to 2% before considering interest rate cuts, which means that the door to interest rate cuts has been opened.

Major institutions have predicted that September will be the starting point for interest rate cuts, and Goldman Sachs has boldly predicted that interest rate cuts will begin in July. The market consensus CME expectations show that the probability of a rate cut in September is as high as 100%. From now until the end of the year, there is even a probability of a 100 basis point rate cut of nearly 10%,

This is undoubtedly a huge positive for Bitcoin. $BTC

Learn to keep short positions

Emotions are a big enemy in trading.

Therefore, try to control the amount of losses when you lose money and avoid excessive negative emotions.

When you lose money continuously, don't blame yourself, but choose to rest and wait for the next trading opportunity.

Choose short positions when there are no trading opportunities or trading is not going well, because short positions are a kind of treatment, forget the previous unhappiness, quickly adjust the state, and invest in new transactions.

Only by maintaining this mentality and strategy can you maintain stable profits in the market. $BTC