Jinqunqun official account: Why bother to talk about coins

As the end of the month approaches, the price of pie plummets as I said!!!

Global markets are watching the speech of Federal Reserve Chairman Jerome Powell at the Jackson Hole Symposium held in Wyoming, the United States, last Friday.

In his speech, Powell sent a dovish message, saying that the time has come for a rate cut. After this speech, which indicated that a rate cut would be made in September and the monetary easing cycle would begin, the crypto market also broke through the $60,000 resistance level and rose to $61,000.

In addition, Bitcoin-based investment products, including spot Bitcoin ETFs, set a 5-week record with an inflow of $543 million.

Kafkas Sonmez, CEO of Gate.TR, assessed the latest developments in the market and said: "Investors have been waiting for convincing information, and this impact is not only reflected in the stock market, but also in cryptocurrency-based investment products.

Breaking news, Russia announced that it will use cryptocurrency for international transactions from September 1st! What impact will it have on the currency circle?

According to foreign media reports, Russia is about to start a trial of cryptocurrency exchanges and use digital currencies in cross-border transactions to solve the impact of the removal of the SWIFT system due to international sanctions. People familiar with the matter said that the trial will be officially implemented next week on September 1st, and Russia will use the national payment card system to exchange between rubles and cryptocurrencies.

In the fight against the financial hegemony of the United States and the de-dollarization, Russia is a brave precedent. In order to reduce the use of the US dollar, they have sold off US Treasury bonds, increased their holdings of gold, established their own payment system, and now embraced cryptocurrencies. This has important historical significance for breaking the international monetary system dominated by the US dollar and establishing a new international economic and financial system.

After taking a nap, Duodan doubled again

Keep holding the big cake

Put the Ethereum and NOT in the bag

BTC, ETH, SOL, TON, NOT

The value that CARV brings to users
On the CARV platform, users can earn revenue by sharing data. Unlike the traditional data trading model, CARV allows users to choose partners and obtain financial returns when sharing data with third parties. All transactions are transparent and open, ensuring that users can directly benefit from their own data and are no longer exploited by intermediaries.

There is no problem with interest rate cuts. At present, there should be a good opportunity in terms of sentiment in September.

At present, liquidity is low, and some people pull and others dump.
Until the end of the year, the only major positive news that the cryptocurrency circle can see is the passage of FASB. But in fact, it is difficult for the cryptocurrency circle itself to produce large market fluctuations. The most important thing is to look at the macroeconomic situation in the United States.

Because no one is making money now, the liquidity of the entire market is very poor. As long as you dare to go up, you must be liquidity. You must wait until liquidity is restored before investing.

The market currently lacks good and valuable projects that everyone thinks are good for everyone to make defensive investments.
Maybe starting from September, as long as the US economy does not lag behind, the market will slowly start to improve. Q4 may start the main uptrend.

Top 10 bad operations in the currency circle! !
1. Always buy coins based on rumors.
2. Frequent buying and selling, chasing when seeing a rise, and selling when seeing a fall.
3. When the market is good, run away after making a little profit, and when the market is falling, hold on and don’t want to cut losses, always thinking that it will rebound.
4. No matter when, the position is full.
5. Feel panic when the price falls, afraid of being trapped.
6. Occasionally make a profit, think you are an investment genius.
7. Don’t know anything, but invest a large amount.
8. When it comes to currency, only know a few English letters, don’t know the background and application of tokens.
9. Only believe what you want to believe, and don’t listen to anything else.
10. Wait for a callback in the beginning of the bull market, think there will be a waterfall in the middle of the bull market, and chase the high to get on the car at the end of the bull market.
See how many of them you have occupied?

3 Key Tips for Profitable $DOGE and Other Altcoins:

1. Monitor Market Sentiment and News:
- The cryptocurrency market is highly influenced by public opinion and news. I have learned to closely monitor social media and news to predict big price increases. When Dogecoin is the talk of the day, it is a good time to enter.

2. Choose the Right Time to Buy and Sell:
- It is important to know when to enter and exit a position. I use technical analysis to determine the best buy and sell points based on support and resistance levels.

3. Use Diversification Strategy:
- Instead of investing all my funds in one coin, I spread my investment across several promising altcoins and memecoins. This helps reduce risk and increase the chances of profit.

Suddenly I realized that ETH has not broken through the high point of the previous round in this bull market.

The highest point of this bull market is around 4100, and the highest point of the previous bull market is around 4900.

This time, the 0805 break did not rebound to 3000.

The minutes of the Federal Open Market Committee meeting and Powell's speech at the Jackson Hole Symposium sent positive signals for the Fed's interest rate cut, which is the main reason for the sudden rise in the price of bread.

This week, several Fed officials made dovish remarks, confirming that the Fed will start to cut interest rates, causing investors to buy cautiously, and it may start in September.

Although Powell did not specify the timing and magnitude of the rate cut, he confirmed that it is time to adjust monetary policy against the backdrop of slowing inflation and a weak US labor market, and the timing and speed of the rate cut will depend on data, prospects and risk balance

At present, the market maintains a high-level oscillation trend, the volume has not weakened, and the Bollinger Bands are opening upward. In the short term, the market cannot rule out the possibility of oscillation and saw-saw. In view of the generally gentle fluctuations in the weekend market, we remind you to remain patient. The operation should focus on short-term range fluctuations.

The idea for the evening is as follows: short selling near 64800-65000 above, set a 600-point defense, and the target is below 63800-63200; long selling near 64000 below, the target is above 64500-65000

A whale that built a BTC position at an average price of $63,878 is suspected to have reduced its holdings of 300 BTC half an hour ago, and has lost nearly $4.08 million
According to the monitoring of on-chain analyst @ai_9684xtpa, the whale with the address starting with 35TZj, which built a BTC position at an average price of $63,878 in July this year, is suspected to have reduced its holdings of 300 BTC half an hour ago, worth about $18.25 million. The whale withdrew a total of 855 BTC from the exchange between 07.10 and 07.23, and sold 297 BTC in panic on 08.05, the day of the market crash. Together with the part sold today, it has lost nearly $4.08 million. It currently holds 259 BTC, with a floating loss of $805,000.

In the fluctuations of the bull market, the main force in the market often takes strategic price suppression before the violent pull-up, inducing retail investors to sell at a low point. When the price suddenly soared, retail investors realized that they had fallen into the trap carefully laid by the main force. In the last crazy stage of the market, many people couldn't help chasing highs, hoping to seize the last profit opportunity, but often ended up being trapped at the peak of the price.
The main force's strategy is to create an illusion that retail investors are about to collapse, and if they don't sell immediately, their assets will suffer huge losses. However, this panic is often a means for the main force to manipulate the market, with the purpose of getting retail investors to sell in panic, so that the main force can collect more chips at a low price.
When the chips in the hands of retail investors are reduced, the main force can more easily control the market, prepare for the next pull-up, and attract more people to participate. This game is a psychological and strategic game between the main force and retail investors, full of uncertainty and risk.

Good news, good news,
Are copycats coming? Recently, small currencies have frequently exploded.
How should we layout them? What are their characteristics?
They are basically worth tens of millions of dollars and are basically fully circulated.
How to make money from this kind of currency? My strategy is to wait for it to fall by half or 4:3 to start buying it. Also, be careful not to play with the pull-up in the early morning.
Recently, CARV and WEB3 wallet have been bleeding! ! !
A brief introduction to several features of CARV:
👉Personal data control:
Traditionally, personal data is often collected and used by large technology companies, and CARV gives users full control over their data through smart contracts and blockchain technology. Users can precisely manage data access rights to ensure data privacy and security.
👉Economic reward model:
Users can choose to share data with specific partners or research institutions, and the use of these data will be fed back to the data provider in the form of economic rewards. This model not only enhances the economic value of data, but also encourages users to participate in data sharing and promotes the improvement of data quality.

Friends, be careful tonight, a big one is coming!!!

Bitcoin has been in a range for nearly half a month, and there is no sign of a breakthrough and stabilization during the day. The big cake is at a key balance point, and the power of Duokong is close to flat, which means that once the market takes a clear direction, it may cause a larger

volatility. You can pay attention to the weekly unemployment benefits and US PMI data at 8:30 p.m., which is expected to drive the market up and down. The upper high point of 61300-62000 can be shorted, with a stop loss of 600 points and a space of 1000-3000 points below. The profit and loss ratio is appropriate and can be operated.

Before I came to the cryptocurrency circle, I had a very clear idea:

If you live long enough, you will find that nothing is truly safe, and everything you so-called own may vanish due to some unpredictable random reasons.

Everyone is pursuing money, but is money wealth?

No, money is just a symbol. It is only effective when there is violent endorsement, and it is yours only when you are protected.

When this violent endorsement protects others, or in extreme cases, this violent endorsement is finished, the symbol will disappear, and yours will no longer be yours.

Besides, everyone has a set of real estate, which is the thing you can't keep the most. Living in it does not mean you have control. Once there is a slight disturbance, the real estate that cannot be taken away is the most worthless.

As for jewelry, jade and antiques, let alone, they may not be as good as a big steamed bun at a critical moment. The so-called high value is only in the recognized system, and it is particularly prone to disasters. The more there is no military protection, the more dangerous it is.

There are signs of breakthrough at the hourly level.
The lower line support is 4.8,
The lower edge support is: 4.53/4.22/4.0-3.9,
A recovery or stabilization near 5.0 is a sign of Shengxin.

The upper line pressure is 5.80,

Near 5.80 is the area where the moving average is wrapped around zero value. If it is blocked by such a large level, it will continue to maintain a concussive downward trend. If it breaks through, the stabilizing trend will change and the midline pressure of 7.50 will be tested.

Xiao Miao's market hot spots today update:

1. BTC performed strongly, climbing steadily to 61,500 in small steps. Mt.Gox said that it had completed the new repayment according to the compensation plan on August 21, which attracted market attention.
2. ETH performed poorly. Vitalik posted a bullish ETH picture on social media, responding to the community's suggestion of "less philosophy and more sharing of Ethereum's good news".
3. SOL was also weak after the decline of memecoin. When did it start to rely on memecoin?
4. BNB's market value ranks fourth and is difficult to shake. Through price increases, empowerment and airdrops, its market value has exceeded its opponents by 20%.
5. MATIC - From August 26, Coinbase will migrate the token code from MATIC to POL on the Polygon network.
6. METIS - Aave announced that it will support METIS tokens as collateral.
7. ARB - The Arbitrum team released a future technology roadmap.
8. IO - Chainbase and io.net reached a deep strategic cooperation to accelerate Theia model training and jointly build an encrypted AI ecosystem. IP Protocol completed a $80 million Series B financing round led by a16z.

The biggest beneficiary is of course CARV, the airdrop project in cooperation with Binance Web3
What is CARV?
CARV, as an innovative project emerging in the field of digital assets, recently launched an airdrop event in cooperation with Binance Web3. This is undoubtedly exciting news for all friends who are eager to seize opportunities and explore emerging technologies. The airdrop event not only provides users with the opportunity to obtain CARV tokens, but also a kind of feedback and affirmation to the community members who support and trust this project.

For CARV, this move is undoubtedly an important part of its development strategy, aiming to attract more users' attention and participation and promote the prosperity and development of the project ecology.

The launch of the CARV airdrop event indicates that the project is gradually moving towards maturity and scale. Participating in the airdrop not only obtains possible wealth growth opportunities, but more importantly, becomes a force in the development process of the project. The issuance of each airdrop token is a recognition of the value of the participants and an investment in the future potential of the project.