Jinqunqun official account: Why bother to talk about coins

The rapid decline in the morning market has dealt a heavy blow to the bulls again. The trend of constantly clearing the bulls clearly shows the intention of the main force.

We have to admit that the market has not developed as expected in recent days. At present, the market has entered a period of oscillation. In this situation, we can only wait patiently for the market to repair and adjust.

From the current perspective, the market will continue to fall in the short term. The early morning wave has completely swallowed up the gains brought by Friday's positive news, and the daily level has directly fallen below the middle track support area.

Although there may be a small rebound in the short term, it is expected to continue to go down after adjustment. Therefore, we only need to short the rebound and wait patiently for opportunities to appear, with real-time guidance as the main focus!

Bitcoin fell 3% in the past 24 hours, falling below $62,000, and the market as a whole tended to be weak. Although some altcoins continue to fall in the short term, market analysts generally expect a rebound in the next quarter and next year. In addition, the current low volatility phase of Bitcoin is considered a sign of a possible breakthrough to new highs in the future.

Key Points
- Bitcoin fell below $62,000 during the US trading session, with a total decline of 3% in the past 24 hours.
- Major altcoins such as Avalanche (AVAX), Chainlink (LINK) and decentralized exchange Uniswap (UNI) faced losses of 4%-7%.
- Despite the recent price weakness, analysts predict that there may be rebound opportunities in the fourth quarter and next year.
- The current low volatility phase of Bitcoin is seen as a precursor to an imminent breakthrough to new highs.
- Historical data shows that altcoin prices usually rise within six months after Bitcoin's four-year halving.

At present, the market has fallen to around 62700, which is consistent with our analysis last night.
The lower support level is currently at 62618, and the four-digit level print line releases a downward trend, which also means that it is not time to buy the bottom.
But you can make a short-term multi-billion-dollar move, with the target at 63500. Depending on the rebound strength, the general direction is still bearish. It is an inevitable trend to fall back to the bottom, looking at 62000

I want to earn 100wu from 1000u, which seems difficult, but it is not difficult for me at all. Give me one to two years and I will definitely get there. Why am I so confident? Because in my opinion, it is just a matter of completing 10 times three times in a row. I will first strive for the first 10 times, and the current progress is 1.2 times.

What is the essential difference between people who make money and people who lose money in the cryptocurrency circle? ?

People who lose money in the cryptocurrency circle always have a linear thinking, always thinking about making money every day and every month, so their plans are very short-term. As long as they can't make money for a period of time, their rhythm will start to mess up, and they will start to toss and turn until they collapse!

People who can make a lot of money know that without good trend opportunities, it is difficult to make money even if you work hard, so they spend most of their time waiting until the moment when the opportunity comes, they will immediately take action and seize the opportunity fiercely. This time, it is something that many people can't achieve in their lifetime.

In the cryptocurrency circle, the less the principal, the more they like to toss and turn, the easier it is to ignore various risks. As a result, they often lose money, and they still complain about the environment. The more principal, the more stable the investment. Although the profit multiple is small, it can continue to make profits and snowball to make amazing wealth.

To be honest, this month's

This rising trend is very confusing to me

In the past, it would rise for several consecutive days

This time it rose a little and then fell back

It fluctuated for 2 days and then rose a little

It fluctuated again, this kind of market is really disgusting

But the overall trend is bullish

Don't look at the short term, look at the daily line

Recently, the call for the cottage season has been getting louder and louder, just like the big drama in July is about to be repeated!
You said that this rebound is so fierce, the bulls must be very happy, and they shouted "a small market is coming"!
But we have to think deeply, is this really a small market?
From the perspective of the big cycle, why do I feel that it is more like a replica of the cottage market from the end of 2022 to the beginning of 2023?
At that time, the bull market just turned into a bear market, and everyone was bruised and swollen, and then there was a big rebound, which gave everyone a breath of relief.
But what happened after that? Most cottages continued to explore downwards and officially entered the long night of bottom consolidation.

To achieve financial freedom in the cryptocurrency circle, I have summarized seven iron laws of cryptocurrency trading!

1. As long as a strong coin falls from a high position for 9 consecutive days, you must follow up in time.

2. As long as any coin rises for two consecutive days, you must reduce your position in time.

3. As long as any coin rises by more than 7%, there is still a chance to rise on the second day, so you can continue to wait and see

4. Strong bull coins must wait until the callback is over before entering the market.

5. If any coin fluctuates flat for three consecutive days, observe for another three days. If there is no change, consider changing the coin.

6. If any coin fails to earn back the cost price of the previous day the next day, it should be exited in time.

7. If there are three on the list of gains, there must be five, and if there are five, there must be seven. If the coin rises for two consecutive days, you should enter the market at a low price. The fifth day is usually a good selling point.

Alarm bells ring! 🔥🔥

On the eve of the election, Fed Chairman Powell unexpectedly announced a rate cut, a move that caused Trump's approval rating to drop sharply.

At the same time, Harris's approval rating began to rise, and the gap between the two narrowed.

Trump responded quickly, warning Powell not to take any more actions that could affect the election results, and said that if Powell could adjust the policy direction, he would continue to support Powell as Fed Chairman to stabilize the financial market and win voter support. This game between financial decision-making and political campaigning has exacerbated the uncertainty of the election.

$NOT Brothers, the big copycat season is coming, not all in at the current price, this main uptrend is not a small fight, it is easy to double ten times a day, see 1 dollar, don't sell it if it is less than 1 dollar, don't buy too little, start with 1000 US dollars, you will become a millionaire in two months, all in now, you will thank me in two months

Last night, the bad stocks plummeted after the opening, but fortunately, the market did not follow its trend, and the retracement was not too deep. It was strong near the support of 60,000. This position was also a support mentioned yesterday. Here, a small bet on the 800 rebound was also a good harvest.

From the four-hour level, the oscillation range is constantly narrowing. The upper short-term pear reference is around 61,300-61,500. The short-term support of the white plate is still around 60,000, and the second-line support is around 58,500. At present, the oscillation trend is mainly around the upper and lower edges of the range.
In addition, the range oscillation has lasted for more than half a month. From the daily level trend, it is close to the node of the change, and the big fluctuation will also come.

There are too many opportunities.
I predict that there will be more opportunities in the future.
The next few months will be months of frequent opportunities.
We cannot predict the short-term market.
Don't try to predict, otherwise you will be slapped in the face and your parents will not recognize you.
We can only quickly judge an information opportunity and clarify the possible risks and profit and loss ratio.
Then quickly formulate a complete participation strategy and plan.
Then it is to execute it thoroughly, quickly and decisively.
After that, don't have any emotional consumption.
Solve problems when you encounter them.
This is a kind of courage and a responsibility as an investor.

!!! Big news!!!

!!! Big news!!!

!!! PEPE is about to skyrocket!!!

The big guys are entering the market collectively, and the price is about to take off!!!

To be honest, the price of PEPE depends on the big guys in the circle. As long as they make a move, the price will be like riding a rocket. Now the big guys are hoarding PEPE at low prices. I don’t need to say the intention behind this. Everyone should understand

The current price of PEPE is simply a bargain! It’s like a supermarket promotion, but the price is incredibly low

The big guys are entering the market at this time, obviously to take advantage of this and make a fortune.
Moreover, funds are flowing into PEPE continuously, and this force is like adding fuel to the price increase, which makes people excited.

It's stable, it's stable, Trump is stable! Great news for the cryptocurrency circle!
Trump's poll approval rating has surpassed Harris by 7%.
Currently, Trump leads with 53%, while Harris only has a pitiful 46%.
The reason is that Harris announced her support for President Biden's 44.6% capital gains tax proposal, which is the highest level in history. The proposal also includes a 25% tax on unrealized gains of high-net-worth individuals.
Even Musk posted a message "Wow" in response to Harris' economic policy.

It mainly depends on when the 58000-62000 area adjustment breaks through. If it breaks through, it will usher in an explosive market. At this stage, especially above the 60000 mark, we can still maintain low longs.

The interest rate cut in September is basically a foregone conclusion, but the big bitcoin has been rising in vain due to this positive news. To put it simply, it is "buy expectations and sell facts", and in the end, profits are taken. This only applies to institutions and large retail investors, and the ones who get hurt are always small retail investors.

The only high-quality assets are always US stocks. BTC, ETH, and SOL are all garbage. Look at the trends of technology giants and Blackstone, and look at the trends of Nasdaq and S&P 500. Only the garbage cryptocurrency circle is looking for reasons to make a profit from the sharp drop. The worst performing markets in the world this year are the cryptocurrency circle and the A-share market. BTC just collapsed without the external narrative. ETH and SOL have fallen several times, and SOL has fallen dozens of times. It can't even reach a new high. Not to mention all kinds of messy copycats. They seem to have risen several times, but when the K-line is pulled, they all fall dozens of times. Now they have fallen several times again. In the cryptocurrency circle, you have to take over for various project parties and VCs for one day. Even if the A-share market is rotten, it won't happen that almost the entire market, except for two or three big players, falls several times? You say that the A-share market has no wealth effect, but other AI themes and driverless themes have all been sold out several times. Even if the A-share market is rotten, it can't be compared with the cryptocurrency circle.

The entire cryptocurrency world is garbage! What is the real high-quality asset? U.S. stocks! U.S. stocks are always the high-quality assets second only to U.S. bonds. There is no need to intrigue. Buy Nvidia, which has increased more than ten times in two years and has far outperformed Bitcoin in the past ten years. Blackstone Group has increased ten times in a few years, and giants such as Apple are also stable and happy. You say that investment is inconvenient, but the Nasdaq has also increased by more than 50% in two years, all of which are historical highs. What about the interest rate hikes and CPI tricks? Haven't we experienced them together? Look at BTC and ETH. These are already the "highest quality" assets in the cryptocurrency world. They are nervous about the market. When they see that the returns cannot outperform Nvidia, BlackRock, and BlackRock stocks, they encountered a big release in 2021 because there was no supervision. The leverage of various exchanges was fully raised and they thought they were really good. Sol looks awesome in this round, right? Let's see how much the K-line drops? I guess those who played all-in on the top of the mountain in the last round have jumped off the building. The market is so nervous every day, and the yield is not worth looking down on by others. Today is Mentougou, tomorrow is CPI, all are excuses for the decline. Pull up a wave and cut a crop of leeks, and then think it's done. Let's talk about this, BTC, ETH, sol and other garbage coins, the five-year return rate is not as good as Nvidia, and the ten-year return rate is not as good as S&P 500. Only the PVP market of ten days and a half months is barely acceptable. Then, if you have the time to study this, there are a lot of theme stocks in the stock market, aren't they better than the garbage coin circle that falls ten times at any time?