Top 10 ruthless people in the current cryptocurrency circle:

1. Those who have a lot of altcoins dare to take a gamble in the midst of many uncertainties, and their courage is commendable. In the complex and ever-changing cryptocurrency market, they do not follow the crowd, but take a unique path and choose the path of altcoins where risks and opportunities coexist.
2. People who have repeatedly failed have an indomitable spirit. Even after many failures in the cryptocurrency circle, they still hold hope and courage and continue to move forward in this challenging field.
3. People who only buy one coin can be said to be extremely focused and confident. They put all their trust and expectations on one currency, with a determination to burn their boats.
4. People who do not have a computer but still speculate in cryptocurrencies, under the condition of limited hardware conditions, still rely on their enthusiasm and persistence in the cryptocurrency circle, and participate in it in various possible ways, which is admirable.
5. People who never talk about the cryptocurrency circle with others are mysterious and independent. They work silently in the cryptocurrency circle, are not disturbed by the voices of the outside world, and stick to their investment philosophy.
6. People who clear their positions every time they earn about 20% have clear goals and decisive action. They are not greedy and know how to stop profits in time and put their money in the bag.
7. People who dare to invest heavily without learning are bold and reckless. In the absence of knowledge reserves, they invest a lot of money with passion and courage, which is extremely risky.
8. People who dare to invest without a fixed income have an adventurous spirit. They still dare to look for opportunities in the currency circle when their economic situation is unstable. Their courage is commendable, but it is also full of risks.
9. People who tell anyone that they never buy coins are low-key and mysterious. Perhaps for some reason, they choose to hide their investment behavior in the currency circle, which makes people unpredictable.
10. People who patiently hold the currency for more than six months after buying it have firm beliefs and super patience. In the ever-changing currency circle, they are not moved by short-term fluctuations, firmly believe in their choices, and wait for long-term returns.

#币安上线NEIRO #新币挖矿HMSTR #内容挖矿btc #ETH

I hope ETH will usher in new opportunities, especially as liquidity improves, and I believe its trend will not disappoint. This is not just talk, there are some signs that can be detected in the data of spot ETFs.
There were net outflows again on Monday, but in the long run, the main object of outflows remains. Except for this, all other outflows are at low levels, not even 1% of the total. It can be seen that the purchasing power of the current market is indeed poor, and the main reason is the lack of liquidity. More funds are more inclined towards #BTC, so the inflow of ETH is extremely limited. Moreover, the current inflow of BTC is not sufficient, let alone other Tokens.
Although purchasing power is weak, selling volume is indeed low. Except for ETHE, the selling behavior of holding users is not significant. This also shows that most investors are still optimistic about the future of #ETH and hope to obtain better returns when liquidity picks up.
The lack of change will indeed be frustrating for many small partners. However, at a time when there is so much FUD (fear, uncertainty and doubt) sentiment, ETF investors still do not choose to leave the market on a large scale. This also shows that many investors still have expectations.

#美国大选如何影响加密产业？ #BTC #ETH

Deflation is often regarded as the "cancer" in the field of economics. So far, no ideal solution has been found. All we can do seems to be to endure it silently.
This is just like the housing market in a community. Once the housing price starts to fall, if it can fall to the right level or even halve in an instant, then the clearance will be completed immediately, and the normal economic cycle will be restarted. However, the adjustment of prices is often very slow. Everyone is reluctant to lower the price. Those who are eager to make a deal choose to sell at a lower price, while those who are not eager to make a deal slowly hang it up for sale, so the clearance cycle is always very long.
In fact, this is a process of relying on time to dilute losses and the annoyance caused by losses. There will be inflation when there is deflation, and there will be deflation when there is inflation. This is the so-called cycle. There is an asymmetry in people's cognition of inflation and deflation. Generally speaking, people may hate inflation, but they don't feel much about deflation.
People hate inflation because of currency depreciation: when inflation occurs, prices rise, and people's living costs increase, so the impact of inflation on people's lives is intuitively visible. And they hate deflation because of falling income. During deflation, the transmission process is relatively hidden. Behind the price drop, corporate income declines, personal income decreases, and consumption decreases, which in turn triggers a series of problems. And these situations are quietly happening to us and around us.

#美降息25个基点预期升温 #ETH #BTC

Yesterday, the atmosphere of the originally good upward trend was suppressed by the news that Trump lost to Harris. In fact, not only#BTCand cryptocurrencies, but even US stock futures were frustrated by this duel after the opening of the morning session. Judging from the public opinion trend of the stock market, there are indeed more people who love Trump.
In the evening, the CPI data was released. It was originally expected to be good, but two of the four data exceeded expectations, one performed well and the other performed poorly. Investors are once again entangled. Is the good side more influential, or the bad side? After a fight, it returned to the state of this morning. BTC has a chance to return to $58,000, and US stocks continue to rise driven by AI. After a whole day of tossing, it finally returned to the starting point.
Therefore, it is difficult to clearly outline the rise and fall with one data or a group of data, one line or multiple lines. What is needed is a deep understanding of the market. However, even if you understand the market, you may not be able to gallop in the short-term market. Today, I saw many so-called teachers shouting when it rises and shouting when it falls. Until now, they have either deleted their posts or remained silent. In this case, it is either gambling or waiting and watching.
From the data point of view, the turnover rate in the last 24 hours is lower than yesterday. This is understandable. Yesterday, investors had just gotten rid of the shadow of recession and were ready to make a big move, but they were hit by Trump's defeat. They thought that inflation might have hope again, but core inflation emerged to disrupt the situation, which was really disgusting. At this time, it is normal for more investors to choose to wait and see.

The friends who were trapped after bottom-fishing in the past two days have become the main force of today's turnover rate. The current short-term war is so anxious. But as mentioned before, once the trend is formed, it is difficult to change. The United States has gradually emerged from monetary tightening. Whether or not the interest rate is cut this time, and how much the interest rate is cut, it will not change this trend. So for many friends, grasping the rhythm of the trend is the most important thing. In this trend, the biggest trap is economic recession, but it is also a golden pit. As long as there is a pit, there may be water release later.

#美降息25个基点预期升温 #BTC☀ #ETH

The reduction in broad inflation is quite significant, reaching 2.5% directly, even lower than market expectations. For most ordinary investors, this is considered a decline in inflation, which is a good thing. However, the monthly core month-on-month growth exceeded expectations and the previous value, indicating that core inflation has been repeated. In this way, the probability of the Fed cutting interest rates by 50 basis points is greatly reduced. The 50 basis points mentioned here refer to the decline caused by inflation, not the decline caused by recession. This data is also within the expected range.
Both the core annual rate and the CPI monthly rate are in line with market expectations, and there is no need to say more about this. Now it depends on the game of investors after the opening of the US stock market. Whether they think that the benefits of a sharp decline in CPI are more prominent, or whether they think that the impact of repeated inflation is better, this will be decided by the market.
This CPI data increases the possibility of the Fed cutting interest rates by 25 basis points in September. This is not a bad thing. After all, it is unlikely that the interest rate cut caused by inflation will reach 50 basis points, and there is no problem with the economy. 25 basis points should be the most appropriate.
Why did BTC fall more? If the interest rate cuts increase investors' risk appetite, then the first thing to be considered should be US stocks, not cryptocurrencies. If the inflation rises and investors are ready to hedge, then AI should be the first thing to be considered, not cryptocurrencies.
It can be said that "when the economy is prosperous, cryptocurrencies suffer; when the economy is dead, cryptocurrencies suffer." Regardless of whether the economic situation is prosperous or dead, for now, the demand for cryptocurrencies is still low, and US stocks are still the first choice. But as long as US stocks perform well, cryptocurrencies will not be too bad.

#BTC #ETH

In the past 24 hours, although the price of BTC has risen, there is actually no increase in volume. This shows that the rise over the weekend was caused by small-scale buying. On Monday, US stock futures opened and showed an upward trend, which shows that investor sentiment is gradually warming up. After the opening of the evening, the three major stock indexes all rose. Although they have not yet fully recovered the decline on Friday, they have indeed eased in terms of sentiment.
As we have been emphasizing since Friday, the US economy is not in recession at present. So, will the market be willing to believe that interest rate cuts must be bad news? Of course, it is too early to draw a conclusion now, even if it is not too late to wait until the interest rate cut is announced.
Today, we also sorted out the data of the US election years in the past 50 years. Although the increase in September and October has not been very large, as long as there is no recession, at least in September and October of the election year, the average increase is positive. Now that the S&P is still in a downtrend after entering September, the recession issue has become the most entangled point in the current market. If you want to say that there is a recession, there is indeed no conclusive evidence. If you say there will be no recession, no one can guarantee it, after all, even Buffett has chosen to leave.

From the data point of view, it also follows the view that has always been held. Even if the price drops, long-term investors cannot surrender their BTC. The only possibility for long-term investors to surrender is price increase. From the historical data of BTC, we can know that only when the price rises, long-term investors will gradually leave the market. After all, most of the current long-term holders are high-net-worth investors.
In the past 24 hours, BTC turnover is still mainly provided by short-term holders, especially investors who bought the bottom last Friday, and there has been a large number of exits today. Secondly, short-term investors with holding prices below $60,000 have also experienced a certain degree of turnover. On the contrary, BTC between $64,000 and $69,000, which we no longer have much hope for, has only experienced a very small number of exits.

#BTC #ETH🔥🔥🔥🔥 #美国大选如何影响加密产业？

The ETH spot ETF has already gone through its seventh week, but the situation presented by the data shows no signs of improvement. Grayscale's selling had gradually decreased in the first six weeks, but it increased nearly three times in the seventh week, while the net purchasing power decreased by 24%. In layman's terms, the selling of ETH has increased, but the purchasing power has not increased accordingly, but has decreased.
Except for Grayscale, only two of the seven funds in the United States have net inflows of funds. One is BlackRock, which has inflows of 2,099 ETH; the other is Fidelity, which has inflows of 2,000 ETH, and the inflows of the remaining funds are all zero. In the sixth week, this data is a net inflow of 5,397 ETH.
However, compared with the sixth week, it is not without advantages. In the sixth week, the US ETFs, except for Grayscale, had a total outflow of 1,386 ETH, and in the seventh week, this data became zero. On the bright side, the selling by non-Grayscale users has been significantly reduced.
So far, Grayscale's net outflow has reached 919,223 ETH, while the net outflow of nine ETH spot ETFs in the United States is 320,355 ETH. These 320,000 ETH have actually become selling pressure in the market. Grayscale has sold 33.18% of its total stock. Judging from the data, Grayscale's selling seems to have indeed entered a low period, but for some reason, there was a sudden increase in selling in the seventh week, and in fact, the same is true for BTC.
The ETH spot ETF in the United States currently holds a total of 2,746,381 ETH, and the three funds in Hong Kong hold 14,483 ETH. In the seventh week, Hong Kong fund data showed that a total of 66 ETH were sold.

#ETH🔥🔥🔥🔥 #BTC☀

In the field of currency circle, which is full of intrigues, the funds being trapped is a dark stage that almost every investor can hardly avoid. How to get out of the trap is precisely the starting point of mastering the technology of currency speculation. The following are two major strategies for getting out of the trap:
1. Actively get out of the trap: Be both intelligent and brave, take the initiative
Determined to stop losses in time
When facing a seriously misjudged buying opportunity, especially at the high point of the previous surge, investors need to have the courage of "a strong man cutting off his arm", decisively cut positions and stop losses, and do their best to protect the safety of the principal. In the ever-changing stage of the currency market, as long as the funds are in hand, then opportunities will always exist. Flexible position adjustment, transfer targets
If you find that the currency you hold is weak and there is still a lot of room for decline, while another currency shows strong potential for growth, you may as well make a decisive move to exchange currencies. Make up for the losses caused by the old currency with the profits brought by the new currency, so as to achieve the optimal allocation of assets. Short-selling strategy, go against the trend
If you are deeply trapped and have a pessimistic outlook on the future market, investors can try short-selling. Sell ​​the locked-in currency first, and then buy it back after the price drops further, so as to reduce the holding cost, and then realize the unwinding and even make a profit.
2. Passive unwinding: Steady and steady, wait for the opportunity
Spread the cost and wait for good news
When the purchase price is not high and you are optimistic about the future market, you can adopt the strategy of spreading the cost and gradually increase the position to lower the average cost. But you need to pay special attention to being cautious when allocating funds to avoid excessive dispersion of funds. Be calm and wait patiently
When the full position is deeply locked in, you can neither sell nor cover the position, choosing to "lie flat" may be the wisest strategy. As long as the funds belong to you and there is no borrowing pressure, stay calm and wait patiently for the market to pick up.

#BTC #ETH

We must make careful strategic preparations for the upcoming bull market. The so-called strategic preparation covers the improvement of thinking technology, the construction of the system, the tempering of the mind, and the cultivation of flexible thinking in actual combat. When all these aspects are cultivated in place, it will be even more powerful in the big market. A big market may allow funds to grow significantly. Let’s not talk about 10 times, it is still relatively easy to achieve a 5-fold growth. However, the most difficult part is the cultivation of the mind. When the big market enters the end and is ready to leave, 99% of people find it difficult to give up, because they don’t think it is the end at all, and they are all fanatically immersed in the excitement of making money.
Before the bull market comes, the more you hone your abilities and mind, the better you can perform in the big market, and the more you can firmly lock in the final fruits of victory. Although the big market has not yet arrived and it still takes time to wait, the preparations must be in place. This is a talk of experience shared with the majority of investors. You should work harder when you have free time. As for those who claim that the bull market will never appear again, are full of pessimism and disappointment, and like to argue, there is no need to pay attention to them. When the big market really appears, their wallets will naturally teach them a profound lesson.

#内容挖矿btc #BTC走势分析 #美联储何时降息？

Recently, the situation of Grayscale has been somewhat unclear. Its selling of spot ETFs of BTC and ETH has been increasing. The selling of ETH is particularly prominent. It has increased by more than five times compared with last week, and even increased by more than ten times on some days. This is It's really puzzling. If the entire ETF market is selling, it may be attributed to the panic of users. However, except for $ETHE, it is almost impossible to see selling behavior from other institutions. It is impossible that only Grayscale users are panicking.
Some investors speculate that it may be because of the higher handling fees of ETHE that many investors are more inclined to pledge it on the chain. This possibility does exist, but is not significant. I specifically checked the staking data of ETH2.0. Although new ETH has been entering recently, compared with the previous few days when the selling pressure on ETHE was very low, the amount of staking has not increased significantly, but has declined slightly.
On the contrary, the amount of ETH withdrawn from POS has increased in the past two days. If these ETH are not used for pledging POS, it may be that there has been a large event recently that requires some TVL to be accumulated, or it may simply be prepared for sale.
In addition to changes in Grayscale's own data, the other seven US ETF institutions and three Hong Kong ETF institutions have made no movement, which also shows that current ETF investors lack interest in buying and selling.

#美联储何时降息？ #新币挖矿DOGS #BTC走势分析 #内容挖矿btc

Canada's interest rate cut has stabilized the market, and the US stock market has also turned from falling to rising in stages. The decline in recent days is mainly due to the media's continued exaggeration of the adverse effects of the interest rate cut on the risk market, coupled with Nvidia's financial report failing to meet market expectations and the news that the Japanese yen will raise interest rates.
For the current US economy, there is no sign of recession yet, and the interest rate cut can be regarded as a defensive move at this time. Judging from various data, it is too early to assert that the US economy has already declined. Although Nvidia's financial report did not meet high expectations, it is still acceptable, and it may not be a bad thing to cool down appropriately. The Japanese yen is expected to raise interest rates in December.
In this way, the real negative does not seem to exist at present, and it is more due to market sentiment. For tokens such as BTC and ETH, it is indeed an indisputable fact that they will follow the trend of US stocks and even technology stocks more. Therefore, for many investors, it may be helpful to pay attention to the trend of US stocks in advance.
Judging from today's data, the turnover of BTC on the chain is relatively stable, without significant changes. The main sellers are still short-term investors, and a large number of transfers come from investors who have lost money in the past week. BTC bought at $59,000 to $60,000 has become the hardest hit area. We have mentioned before that the support of $64,000 to $69,000 has been broken. The reason why it has not changed is that it is mainly short-term chips at present, and further precipitation is needed. Even so, earlier investors have not shown any signs of significant reduction in holdings. The data of long-term holders released earlier today is still rising, which once again confirms the saying: more BTC is shifting to long-term and high-net-worth investors.

#内容挖矿＃CHZ #BTC #ETH

dappOS benefits are coming

dappOS is holding an event on Binance Wallet! Now you only need to recharge 10U to have a chance to receive 5U airdrop, and the total reward pool is as high as 500,000 US dollars! @dappOS_com

dappOS is an intention execution network.

For users, they only need to provide their intentions to dappOS, and dappOS is responsible for interacting with various dAPPs and public chains behind the scenes to complete the transactions required by the user's intentions. In the example we gave above, the user only needs to publish the intention of "buying $1,000 worth of Meme Coin $BRETT", and all transactions involved are completed by dappOS driving the relevant parties. In other words, users only need to access dappOS, and all public chains and dAPP connections are completed by dappOS.

At present, the intention is divided into three parts:

Intention transaction: Help users achieve the optimal spot transaction cost

Intention asset: a universal asset in the dappOS system, which can homogenize a series of equivalent assets in the system, while taking into account the interest-bearing attributes and transaction attributes of assets.

Purposeful dAPP interaction: The example of "buying $1,000 worth of Meme Coin $BRETT" we mentioned earlier can be achieved through this framework. This framework can help users access dAPP more conveniently and quickly help users bridge assets.

dappOS has received $300 million in financing, led by Binance, OKX, IDG and other institutions. This event may be a warm-up before TGE.

The task is simple, just go for it

Step guide:

Withdraw 10U+ to dappOS:

1. Open Binance Web3 wallet, click "Discover", search and open dappOS, and copy the recharge address.

Switch to Binance Exchange, withdraw 10U or more to the address, and select OPBNB for the network.

Confirm recharge and mint:

2. After seeing USDT arrive in dappOS, click Confirm Deposit and complete the signature.
Exchange on SyncSwap:

3. Open Binance Wallet "Discover", find and connect to SyncSwap, select Intent assets with a value of at least 1USDT, and exchange them for stablecoins.
Act quickly, airdrops can't wait!

Everyone should participate in more interactions to increase the expectation of airdrops!

#内容挖矿btc

Liquidity is expected to recover appropriately, so today's #BTC chain turnover is still very low, which is normal. Yesterday, it was mentioned that if there is doubt about the view that American investors are the main force, you can observe today's trading volume. I think there should be no doubt now. Whenever American investors take a break, that day is the lowest range of liquidity, the trading volume will be less, and the price amplitude may be larger.
From the current data, the main investors who participated in the turnover in the last 24 hours are short-term loss-making investors, and the investors who bought the bottom in the last two days have the most meat cuts. This is actually related to purchasing power. During the holidays, as liquidity decreases, purchasing power also decreases, so the price depends more on the performance of US stocks after the opening. Entering September, I look forward to some surprises.
Since the current active investors are all short-term investors, the new bottoming position needs to be observed again. The $64,000 to $69,000 range is still very safe. Even though the exchange has withdrawn its chips, it has not caused panic among early investors (even if they are losing money), so there should be no change.
The key data this week is the employment data released one after another, especially the non-farm data on Friday, which may intensify the trading recession game, but it should not have an impact on the 25 basis point interest rate cut in September. The rest depends on the performance of the Bureau of Labor Statistics.

#BTC #THE

#内容挖矿btc

In trading, what is truly valuable is not the external things such as techniques, methods, and systems learned from books or others, but the inner feelings and enlightenment generated by continuous self-feedback after applying these in actual combat. Such feelings and enlightenment can only come from within, and it is difficult for others to teach, just as wisdom cannot be conveyed in words.
Many people are keen to learn various techniques and so-called tactics from all kinds of people, which actually reflects that there are problems with a person's trading cognition. It is not that these techniques and tactics are useless, but if they are not internalized and absorbed in actual combat and transformed into their own, they are worthless.
Real learning is not simply the absorption of external concepts, knowledge, techniques, and methods, but self-improvement, that is, the so-called Kung Fu, which is the process of these things becoming one with oneself. Here I just want to tell you that what really helps you make money in trading is not the external methods and techniques, but the people who use the methods. If you do not improve your own cognition and promote the growth of your mind, it will be difficult to make a profit even if you learn more methods and tactics. Even if the person who taught you the method made a lot of money with it, you may suffer heavy losses after learning it. The truth is simple. It is not the method that really makes money, but the person, yourself. If you do not improve and change yourself, no matter how good the method is, it will be useless.
If you can truly understand this sentence, you will be on the right track and you will also understand what is the simplicity of the great way. When your cognition changes and your mind improves, that is, when you have mastered the skills, you can make a profit even with the simplest method. If your cognition does not change and your mind does not improve, even if you learn the most powerful tactics, you will still lose money in the long run.
Therefore, those who constantly seek various tactics outside but do not pay attention to self-growth, their cognition determines that they are difficult to make money. In reality, many people may not understand this truth in their lifetime. Even if you explain it to them, they may still think you are a charlatan. There is nothing you can do about it, this is cognition. Everyone lives within their own cognitive scope, but their cognitive circles are different.

#BTC #ETH🔥🔥🔥🔥

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TADA mini Brief Introduction:
Join TADAmini and experience a new taxi-hailing service in the Web3 era. During Token2049 in Singapore, we sincerely invite you to experience the new travel experience brought by TADA mini. Join TADA mini on Telegram now and start a new way of travel in the Web3 world. 🚀🚀🚀
TADA mini will debut at Token2049, the world's largest cryptocurrency event held in Singapore in September 2024. The event is expected to attract more than 20,000 attendees and more than 7,000 companies, and will hold multiple activities to celebrate the launch of TADA mini. After launching in Singapore in September, TADA mini’s services will quickly expand to Cambodia, Vietnam, Thailand, and other countries. ✈✈✈
@mvlchain
To celebrate the launch, TADA mini has also launched a user referral program. The program will run from August 23 to September 30, 2024, and users can earn points by completing various tasks and inviting friends to join. These points will be airdropped in the form of MVL tokens at the end of the event, with a total prize pool of 50 million MVL tokens (about $200,000)❗❗❗
⏰Period: August 23 to September 30
⭐Total rewards: 50,000,000 MVL
⭐Tasks: Community and friend invitation tasks
#TADAmini#Web3 #TOKEN2049

#内容挖矿
The current correlation between BTC and US stocks, due to the passage of ETFs, the number of investors who directly and indirectly hold BTC (including ETH) continues to increase. The investment market is just as many friends know. When there are expectations, they speculate on expectations, when there are financial reports, they speculate on financial reports, and when there are no financial reports, they speculate on news.
This has formed a rather procedural system. However, in the currency circle, the substantive content of BTC itself is already quite scarce, and most of them are difficult to resonate with investors. What is repeated every day is nothing more than the trading volume of ETFs and the interviews of several bigwigs, just because there is really nothing more to talk about.
The impact of ETF data on secondary market transactions has gradually decreased. But investors are still the same group, and they can easily apply events that happened in the US stock market to the currency circle, such as macro events.
Relatively speaking, CME's BTC and ETH futures may be a little ahead. In the US stock market, it can be regarded as a mapping in the US stock market, and Coin can be regarded as an index fund of BTC + ETH. Although this statement may not be 100% accurate, when liquidity is mainly provided by American investors, we need to pay attention to the attitude of American investors. ETFs reflect emotions, and CME can be regarded as expectations for the future.
However, BTC turnover on the chain is still low. The dense chip area between $64,000 and $69,000 is still maintained well, and the position is basically reduced by 0.5% every day, which has not caused much impact on the market, and the support level is still solid.
Today, the New York Fed's one-year inflation expectations in July continued to decline, which is a good thing. But in fact, there is another paragraph in the detailed article. The New York Fed said that people's views on credit access deteriorated in July compared with a year ago, and the report said that the proportion of households that think it is more difficult to obtain credit than a year ago has increased. In addition, consumers expect gasoline prices to rise by 3.46%, food prices to rise by 4.67%, medical costs to rise by 7.61%, college education costs to rise by 7.15%, and rents to rise by 7.14% next year.
This means that although inflation has declined, people's livelihood-related issues are still facing difficulties, and expectations for the future economy may not be optimistic.
#BTC #ETH

#内容挖矿＃CHZ

If you want to make a fortune in the cryptocurrency world, you must do this:

1. The assets invested in the cryptocurrency world must not exceed 60% of your total assets to ensure the rationality of asset allocation and the controllability of risks.
2. You must not buy coins by borrowing or raising funds to avoid falling into an unbearable debt crisis.
3. Be sure to choose to buy leading coins with high market value and in hot spots, which often have stronger market influence and stability.
4. Be sure to seize the opportunity when the price of the coin is low and buy decisively to obtain greater profit margins.
5. Don't pay too much attention to the rise and fall of prices in the short term, and insist on long-term holding to fully enjoy the benefits brought by the increase in currency value.
6. You must have enough patience, avoid frequent buying and selling, and reduce unnecessary transaction costs and risks.
7. You must firmly believe that the price of the coin will rise, don't be disturbed by various messy news, and maintain independent judgment.
8. When the price of the currency rises to a high level, you must decisively clear all positions and lock in profits in time to avoid shrinking returns due to greed.
9. Continue to learn and study currency circle knowledge, improve your judgment ability and risk awareness, and adapt to market changes.

#内容挖矿

However, in the past 24 hours, the exchange of BTC on the chain is still at its lowest point in recent times, with less than 45,000 BTC. This data, even on Sunday, has not appeared in months, which fully reflects the reaction of pure BTC investors without the interference of market makers and institutions.

A small episode is that at the position of $22,821, 18,530.66 pieces of #BTC changed hands. This price is retroactive to 2022 at the latest. I checked the addresses of the US government and Mentougou, but found no reduction in holdings. Some friends previously claimed that this was a position held by a major power government, but there was no way to know this.

However, judging from the data, this part of BTC has not entered the exchange. The stock of BTC on the exchange has not changed significantly in recent days, and has almost been in a straight line in the past 24 hours. So even if there is a change of hands, it should have entered the OTC market. Even so, this data is also the lowest single-day turnover data in recent times.

The sentiment of real users has begun to calm down. Even though the price of BTC has fluctuated today, users are actually quite calm. This should be the reaction to the price under low liquidity. The focus next week will be on Wednesday's CPI data, which is now expected to be below 3%, compared with the previous reading of 3%. If this is achieved, the probability of the Fed entering into defensive interest rate cuts will further increase.

#BTC #ETH

#内容挖矿

BTC long-term holders showed a trend of reducing their holdings when the ETF was just passed. Of course, this reduction was largely due to the withdrawal of GBTC, and then the reduction of holdings by the German government, the US government and Mentougou, all of which were long-term holders. Even so, when the price of#BTCfell, there were still many long-term holders buying.

I did a statistics, and since July 28, long-term holders have increased their holdings by more than 1.56 million (1,560,567.41) BTC. Long-term holders are defined as holding BTC for more than 155 days without turnover, and as of now, the proportion of long-term holders is still expanding, which is why we need to pay more attention to the data.

Because according to the data, we can understand that gradually some circulating chips are no longer involved in circulation. As the number of BTC available for sale in the market decreases, the downward pressure on BTC prices will also decrease.

This is just the on-chain holdings data. If the ETF data is included, another 910,000 will be added. This is also the reason why the BTC price is relatively stable. Remember the dense chip support of $64,000 to $69,000 that we have been mentioning? The reason is the same.