Jinqunqun public account: Why bother to talk about coins

The big cake is still fluctuating on the right side. There was a large adjustment yesterday. The shape is not good, but the volume is OK. The trading volume is not large, indicating that the overall market supply is not very strong.

There is no structural break. The two important support levels confirmed on the right side, 57000 and 54000, especially 54000, are the key points to keep the right side structure effective.

Will it fall again in September this year? Will the curse still work?
This is purely my personal imagination. I will list my reasons, but there is nothing I can do if I guess wrong:
I think it will fall, but not much.
- Interest rate cuts are good, and will stimulate the market appropriately (but this part has been priced in), especially if the interest rate is only cut by 25 points, it may become bad news.
- S&P average PE=22, which is a historical high

The market focus this week is summarized as follows:

First, Nvidia's financial report will be released on Wednesday. If its poor financial report data leads to a sharp drop in stock prices, it is expected that the AI ​​sector in the currency circle will also be implicated and may fall. In this case, investors can look for the right time to short.

Second, PCE data will be released on Friday. This data has an important impact on market trends. If the PCE data is lower than expected, it will be regarded as good news and may drive the market up; if the data is higher than expected, it will be regarded as bad news, which may cause the market to fall, especially mainstream currencies such as BTC.

In addition, the tens of thousands of coins released by the Mentougou incident continue to put selling pressure on the market. The impact of this incident cannot be ignored, and it will continue to have an important impact on the short-term trend of the market.

3 ways to play with Tugou
1. Lazy way: ambush zombie coins
A relatively hot project in the early stage was suddenly killed or fell by more than 90%
It has been sideways for at least 1 month, and the coin can no longer fall
The original dealer has run away, but the IP of the project is still very valuable. It is close to the hot spot and will definitely pull the market. If there are technical means to monitor the changes in trading volume, the ambush time can be shortened
2. Smart money tracking
The overall winning rate of smart money is obviously higher than that of ordinary players
It is best to use smart money that you have studied yourself, so you are more confident to follow it
Generally speaking, just follow it without thinking
3. Technical flow play
Respect a set of methods from the process of discovery, identification, review, transaction, and evaluation
You need to master some methods and some tools

With the booming development of the virtual currency market, more and more friends are beginning to get involved in this field full of opportunities.

However, along with the potential high profits are complex market risks and operational challenges.

Especially for novice friends, it is crucial to understand how to correctly deal with market fluctuations and maintain stable profits in the long term.

With the booming development of the virtual currency market, more and more friends are beginning to get involved in this field full of opportunities.

However, along with the potential high profits are complex market risks and operational challenges.

Especially for novice friends, it is crucial to understand how to correctly deal with market fluctuations and maintain stable profits in the long term.

Now the big cake is relatively stable, and most of the copycats have suffered heavy losses.
I thought I would have a bigger picture, but the profit was withdrawn in an instant, or I was stuck.
The night before yesterday, the founder of TON was arrested, which directly led to the plunge of TON and not. There should be many old friends on the train, and the key is that it was in the middle of the night. I woke up numb. Who could have thought that there would be such a thing.
So, as I said, try not to open orders when you sleep at night. After all, you don’t know what happened when you fell asleep.
If you really can’t help it, then set a stop loss within your tolerance range, so that you can sleep more peacefully.

0I did meet some rich people in the cryptocurrency circle, but some of their practices also made me despise them.
Some men would say to girls: I bought so many coins, and if I lose, it’s mine, and if I win, it’s yours.
Do you think I’m stupid? Will you give it to me for free?

I remember a very cheap scam in the past, where a man took a girl to play mahjong and said: If you win, it’s yours, and if you lose, it’s mine.
Then several men set up a game, and let the man win a lot at first, and the girl was reluctant to leave, but in the end the man didn’t win, or only won a little, but it was already three or four in the morning, and the girl was so sleepy that she took a nap in the bedroom of the mahjong room, and the man took the opportunity to sleep with her.
Just say whether this man is bad or not, and whether the woman is stupid or not, right?

No matter how the market goes in September

According to the information, the probability of the bull market starting in October is 70%

There is still more than a month left, and it will be over soon.

Of course, accidents can happen at any time, and there may be a sudden bad news, which will hit the big cake to 50,000 again

Due to Powell’s speech yesterday, it can be said that the interest rate will be cut in September with certainty, and the market trend is bullish. Those who are already on the train should hold their chips.

Those who haven’t got on the train will definitely ask whether they can still enter the market.

Now entering the market can only say that the profit space above is not large, and it is recommended to wait for the decline after the interest rate cut is implemented.

Bull market returns quickly? BTC ETH

Last night, the cryptocurrency circle was affected by the news from the Federal Reserve. The price of Bitcoin continued to rise and touched 62,300, and then retreated sharply to the support near 60,600. Then, it broke the recent volatile market with one go, and plunged into the 65,000 line at midnight. It is currently fluctuating in the 63,800 area.

From the current market, the daily structure broke through the upper track, the pressure level has been broken, and the bulls have formed the current market trend. The overall market will continue to rise!

However, due to the slow trend of the weekend market, the 4-hour view shows that the oscillation repair is carried out around the upper track. At present, there is no certain space for the market to retreat!

If the emergence of brc20 has changed the way assets are issued, then what has $dogs changed? A new traffic entrance? $dogs has made all cex scramble to join because of its incremental users. It has indeed brought some users to the cryptocurrency circle, but this effect is like a stone splashing on the water, and it will soon return to normal. I seem to see a huge sickle waving.

Growth is to doubt the things you believed in before, and then overthrow yourself at one stage after another, grow new wisdom and temperament, and move towards the next stage of yourself with countless confusions and uncertainties.

The bull market in 2020 was really impressive. When the market was at its peak of 10,000 to 20,000, some people announced that they were free from wealth and quit the market. When the market was at its peak of 20,000 to 40,000, people were really excited. People were seen promoting the free from wealth on various platforms. Although Bitcoin bounced happily afterwards, it no longer had the wealth-creating effect of the time.
This bull market was long and stinky, and it shocked you to the point that you didn't recognize anyone. The pull-up was just a matter of a moment, and you didn't have a chance to react. Do you see any people who still declare free from wealth on major platforms now? The copycats are like dead, and most of them have never run Bitcoin. How do you want to play in this market, how do you get rich, and take such a big risk to buy spot goods?
The only advantage is that foreigners are trading, and they will still leave some soup for you to drink. There are always several certain opportunities in a bull market. Compared with the A-share market, it is really conscientious. Don't think about getting rich, it's still okay to make a little money.

Rural areas began to cut off all kinds of insurance, and they all realized that they were supporting officials.

The "Statistical Bulletin of the National Economic and Social Development of Chengwu County in 2023" revealed:

"Social security capacity has steadily improved. In 2023, there were 8,778 retired personnel from government agencies and public institutions, and pension benefits of 785 million yuan were paid; there were 13,220 retired personnel from enterprises, and pension benefits of 369 million yuan were paid; there were 119,400 urban and rural residents who received pension insurance benefits, and pension benefits of 251 million yuan were paid."

I did three divisions and got three data:

Retired personnel from government agencies and public institutions, the average monthly pension is 7,452 yuan per person;

Retired personnel from enterprises, the average monthly pension is 2,326 yuan per person;

Receiving urban and rural residents' pension insurance benefits, the average monthly pension is 175 yuan per person.

There is no so-called "secret" in trading.

Those so-called secret skills have been repeatedly studied by predecessors. There is nothing new under the sun. Trading is like an ancient mountain. Many people think they have discovered some magical tricks, but they often realize a few years later that those so-called "new discoveries" have been walked through countless times by predecessors.

The core of trading is not innovation, but the continuous execution of proven systematic operations. If you are obsessed with finding "exclusive secrets", it is easy to breed arrogance, but you may fall into a dead loop, go around in circles, and see no way out in a few years.

The real challenge lies in understanding those simple principles. Many people cannot see the truth in the fog, and by the time they understand it, they may have paid expensive "tuition fees".

When buying the currency of my choice in the early stage, I usually choose to gradually build a position when the market is relatively sluggish, and operate in batches. I buy a small amount when the market drops slightly, and increase the purchase force when the market drops sharply. When the market rises, I generally do not enter the market, but wait patiently. By buying in batches, I try to reduce the price risk of a single transaction. Of course, this also depends on the funding situation. If it is a small position increase, I will buy it as soon as I have the funds. For projects that I am particularly optimistic about, I usually buy them decisively at one time without dragging my feet.

Grinding back and forth, neither going up nor down, speechless*

Why is there no movement in GFT?

Why is there no movement in GFT?