There isn't much to say about today's market, the fluctuations are small and it’s quite boring with ups and downs, and most altcoins are also struggling to rebound! Currently, Bitcoin has reached a high of 94,757 and has pulled back to the middle band of the 1-hour Bollinger Bands. If it fails to maintain the middle band of the 1-hour Bollinger Bands by the time it closes, there is a high probability that it will continue to move down, so pay attention to the key support at 93,915! Overall, it’s currently leaning towards being volatile, with no significant probabilities. If Bitcoin can hold its ground at this level, then it can start to gain strength at the 1-hour level! After all, from the current perspective, the 4-hour chart is not showing weakness! So let's wait for the 1-hour close at 10 o'clock!
Bitcoin (BTC) is the first and most popular cryptocurrency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. It operates on a decentralized blockchain, which is a public ledger secured through cryptography. Bitcoin eliminates the need for intermediaries like banks, allowing peer-to-peer transactions.
Key features include: • Limited Supply: Only 21 million bitcoins can ever exist, making it scarce. • Decentralization: It is not controlled by any central authority. • Security: Transactions are verified by miners using the Proof-of-Work (PoW) mechanism.
Bitcoin is widely used as digital gold, an investment, and a medium of exchange, revolutionizing the way we think about money and value.
Bitcoin (BTC) is the first and most popular cryptocurrency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. It operates on a decentralized blockchain, which is a public ledger secured through cryptography. Bitcoin eliminates the need for intermediaries like banks, allowing peer-to-peer transactions.
Key features include: • Limited Supply: Only 21 million bitcoins can ever exist, making it scarce. • Decentralization: It is not controlled by any central authority. • Security: Transactions are verified by miners using the Proof-of-Work (PoW) mechanism.
Bitcoin is widely used as digital gold, an investment, and a medium of exchange, revolutionizing the way we think about money and value.
After the release of the non-farm report, Bitcoin fell from $95,000 to $92,000. Goldman Sachs expects the Fed to cut interest rates by a total of 50 basis points this year, and will cut interest rates by 25 basis points at the June and December policy meetings respectively. The previous forecast was 75 basis points.
Since setting a new all-time high, Bitcoin prices have been under tremendous selling pressure.
The first support level to watch is around $92,000. If it falls below this level, it may fall further to $87,000, which is where Bitcoin bulls are looking for an entry point below the flag pattern that previously pushed the cryptocurrency to a new all-time high.
However, if BTC closes below this level, it will open a downward channel to around $74,000, and long-term investors may consider entering near this area. Such a decline will represent a correction of about 20% from the current price.
If the bulls return, they may try to hit the psychological barrier of $100,000 again, and then retest the important $106,000 level. Traders who bought into the recent pullback may be able to lock in profits around this level.
Bitcoin has seen a bullish divergence at the bottom of the range support at $91,000, suggesting a possible rebound in the coming weeks.
In the short term, the inflation data (including PPI and CPI) to be released next week will have an important impact on the Fed's policy expectations and may further influence the trend of risk assets such as Bitcoin.
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Be patient and hold on while waiting for the market to reverse
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1️⃣What is the trend of the market next❓ Bullish or bearish? 2️⃣In light of the current market, how to operate to achieve a higher win rate?
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Blockchain is a decentralized and distributed digital ledger used to record transactions across numerous computers. Here's a concise breakdown: - Decentralized: No single entity controls the entire blockchain; instead, it's maintained by a network of nodes (computers). - Distributed Ledger: Each participant (node) has a copy of the entire ledger, ensuring transparency and security through consensus. - Blocks: Transactions are grouped into blocks. Each block contains a list of transactions, a timestamp, and a cryptographic hash of the previous block, forming a chain. - Immutability: Once data is recorded in a block, it's very hard to change due to cryptographic links between blocks and the consensus needed to alter any record. - Security: Transactions are secured through cryptography, and consensus mechanisms like Proof of Work (PoW) or Proof of Stake (PoS) prevent fraudulent transactions. - Transparency: All network participants can see the transactions, although identities can be pseudonymous. - Applications: Beyond cryptocurrencies like Bitcoin, blockchain technology supports smart contracts, supply chain management, voting systems, and more, aiming to eliminate intermediaries, reduce fraud, and increase efficiency. In essence, blockchain provides a way to have a secure, transparent, and unalterable record of transactions or data, fostering trust in a trustless environment. #Binance #Write2Earn #BullishMomentum
With Trump in office providing favorable conditions, the overall direction looks bullish, but the short-term impact is not significant!
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Big players reduce bets on interest rate cuts; the possibility of a rate cut may be delayed until May this year. What impacts will this have on the cryptocurrency market?
Wells Fargo believes that the possibility of the Federal Reserve cutting interest rates in March is becoming smaller. Citibank has also postponed its expectation for the Fed's next interest rate cut from January to May. Given the strong non-farm employment data, JPMorgan has adjusted its expectation for the Fed's next interest rate cut from March to June. Bank of America has stated that the rate-cutting cycle may have ended, believing that the Fed will maintain rates unchanged for an extended period, and that the next action is more likely to be an interest rate hike. Goldman Sachs has lowered its forecast for the Fed's rate cut this year from 75 basis points to 50 basis points, expecting cuts of 25 basis points in June and December. Although Morgan Stanley stated that there is still a considerable possibility of a March rate cut due to favorable inflation prospects, it also acknowledged that the non-farm payroll report has reduced the likelihood of a recent Fed rate cut.
#AIXBT、CGPT、COOKIE将上线币安 The interesting thing about the cryptocurrency world is that you can short sell. Unlike the stock market, you can only make money by going long on the spot. If it is a bear market in the cryptocurrency world, it is relatively easy to make money by short selling. $BTC Many people cannot understand the bull market, but most people can understand the bear market and grasp the rules. There is a lot of room. After all, most altcoins will fall by more than 98% in a bear market.
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BTC.ETH, night market analysis, BTC Good evening, brothers, the market is not volatile on the weekend, so just play with black silk. Since there is no market, spend first and make money tomorrow. Pay attention to the night market points BTC Focus on short orders in the 95800-96400 range, with a stop loss of 500-1000 points Focus on long orders in the 92500-91100 range, with a stop loss of 500-1000 points If the four-hour level closes below 94250, there is a short target of 92500.91100. ETH Focus on long orders in the 3200-3155 range, with a stop loss of 20 price points Focus on short orders in the 3325-3358 range, with a stop loss of 20 price points If the four-hour level closes below 3255, there is a short target of 3200.3155.#BTC☀️ #ETH🔥🔥🔥🔥🔥🔥
One of the areas where blockchain technology is expected to have a major impact is the music industry. To date, some blockchain projects have emerged that aim to solve the problems of the music industry. Although many of these have failed, there are still some that somehow continue to exist in the market.
Founder: Matej Gregorčič, founded in 2017
VIB coin is the token of the music data analysis platform Viberate. @Viberate
VIB is used as a payment method for rewarding users, tipping, booking and ticket purchases on the platform. VIB is an ERC-20 based token and is not mined. They are created using smart contracts based on Ethereum.
Although it was planned to use VIB coin as a payment method on the platform at the beginning of the project, the current version of Viberate seems to have cut all ties with VIB. The platform mentions credit card, PayPal or bank transfer as payment options. VIB is almost never mentioned anywhere on the platform. Viberate also emerged as a blockchain-based marketplace, but has moved away from it over time. In its current form, Viberate appears to be a centralized platform that has nothing to do with blockchain or cryptocurrency.
According to its website, Viberate has over 600,000 artists, over 6,000 festivals, over 300,000 playlists, and over 58 million tracks. Platform users can benefit from services such as artist analysis, track analysis, Spotify playlist analysis, and comparison.
On January 10, 2025, local time, a judge of the New York State Supreme Court ruled on Trump's "hush money" case, finding Trump guilty of 34 charges in the case, but in view of the fact that he is at an important stage of the presidential power transition process, he was released unconditionally without any punishment. Trump attended the sentencing hearing via video on the same day and insisted that he was innocent and had done nothing wrong. He then announced on social media that he would appeal the verdict.
📍Solana is a fast and efficient blockchain platform designed for the development and execution of decentralized applications (DApps). The platform aims to address the limitations of other blockchain platforms through innovative technologies.
📍Solana offers high processing speed and low latency, making it ideal for real-time applications such as games, financial services, and other activities that require rapid and reliable information processing. The Solana ecosystem also includes a development environment for Solana-based tokens and financially related products.
📍How does Solana work? Solana is a unique blockchain platform characterized by the following aspects:
⚫High Speed: 🔹Solana is designed to provide high transaction speeds, making it well-suited for applications that require fast processing. ⚪Efficiency: 🔹Solana utilizes advanced technologies like the Proof-of-History consensus algorithm to efficiently process transactions and manage blockchain growth. ⚫Open Platform: 🔹The Solana ecosystem is open to developers, allowing them to build new applications on the platform and expand Solana's capabilities. ⚪Staking: 🔹Solana allows users to stake SOL to participate in the network's validation process and earn rewards. ⚫Decentralized Finance (DeFi) Applications: 🔹 SOL can be used as collateral in DeFi applications, making it a significant player in the growing DeFi market. ⚪Interoperability: 🔹 Solana is designed to work with other blockchains, providing more opportunities for users to interact with other blockchains and expand Solana's functionality.
Thanks to its unique features, Solana is a standout platform for transactions, staking, and DeFi applications, positioning it as a significant player in the world of blockchain and cryptocurrency.