Analysis and layout of Bitcoin market trend on September 14
From the K-line, the price of the currency is falling. If you go short, you can't hold it if you are not in a good mood. It will V from time to time. You can only do short-term trading today. It's just that those who are short at 58 and those who are more than 60 have really jumped.

The sharp rise of US stocks on the previous day drove Bitcoin to a high of 60,600. Now the big cake is in a volatile downward correction of the previous day's gains. The volatile market is not a pattern and can still make profits.

From the 4-hour chart, the KDJ high dead cross, the MACD energy column slowly shrinks, indicating that there will be a short-term correction. The daily K indicators are relatively strong, so the big square is still rising on the day, and you can take more when it retreats.

9.14 Bitcoin evening ideas: 587 defense can be added near 59300, and there is no pattern near 601

The above personal opinions are time-sensitive, please refer to the actual market points #新币挖矿CATI #比特币挖矿难度创历史新高 #比特币年底能否突破10万美元？

Analysis and layout of Bitcoin and Ethereum market trend on Friday, September 13

Yesterday's article gave a long order for Bitcoin at 573. The price fell back to 57310 and began to rise. Because the point tends to be conservative and not resistant to orders, the point difference of 10u can enter the market. But it does not affect the overall idea. This week's trend is basically in line with the idea in my article. Go short when you should go short and go long when you should go long.

Back to today's market, the bad news is that the price of the currency has failed to break through the 58 mark again. The good news is that Bitcoin has reached a high. The opening price on the daily line is above the BBI moving average. This is a good bullish trend. The indicator MACD continues yesterday's golden cross KDJ. The short-term tends to be weak KDJ. The dead cross is downward, and it may fall back in the short term. It can be long when it retreats.
Today's trend should be similar to yesterday's. Maintain the view of the day.

BTC: 57408-56820. See 587. Don't set a pattern.

The above is only my personal opinion. Please combine it with your own position.



The actual point is subject to. #灰度将推出首个美国XRP信托 #新币挖矿HMSTR #美国8月核心CPI超预期

Will $BNB return to 700?
Changpeng Zhao (CZ), the founder of Binance, will be released from a California prison on September 29, 2024. Good or bad?

Will CZ's release be a turning point for Binance, and will BNB holders 🚀BNB is not only a tradable token, it can also reduce transaction fees and participate in new token sales on the Binance platform.

Emotional aspect. Good
In the cryptocurrency market, emotions are sometimes as important as facts. CZ's release may boost investor confidence. Historically, when important leaders return to a company, it often boosts investor confidence. For example, when Steve Jobs returned to Apple in 1997, he helped the company turn around.

Legally. Bad
Binance's biggest problem at the moment is still the legal dilemma. The company is facing lawsuits from US government agencies. These lawsuits accuse Binance of violating laws regarding stock exchange operations and anti-money laundering. Binance is gradually withdrawing from countries with strict regulation and focusing on regions with a more relaxed regulatory environment. For example, they are expanding their business in Indonesia and the Middle East, where crypto regulations are relatively loose or still being developed. #新币挖矿CATI #特朗普哈里斯辩论未提及加密货币 #比特币年底能否突破10万美元？
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Bottom-picking pattern-W bottom
W bottom, also known as "double bottom", is a common bottom pattern in technical patterns. W bottom refers to the market trend chart formed when the low points of the currency price are roughly the same for two consecutive declines. Its neckline position is a horizontal straight line drawn by the convex point formed by the first pullback, and the line connecting the two lowest points is called the low line/support line.

The characteristics of W bottom are as follows:
There should be a certain time interval between the first low point and the second low point of the W bottom. The time is too short and the reliability is not strong. In theory, it should not be less than one month.

The trading volume of the first low point is greater than the trading volume of the second low point.
When breaking through the neckline, a large trading volume is required, and the trading volume is small during the pullback.

Once the double bottom pattern is formed, its accuracy is very high and the upward breakthrough is very strong.

When investors encounter the W bottom pattern, how to find the best buying point?

When the W bottom pattern is about to form, the K line when breaking through the neckline is as shown in the figure, and the K line entity passes through the neckline, it is a clear bullish signal, and the market is likely to rise in the future. Usually this position is called an aggressive buying point.

When the price breaks through the neckline, it falls slightly, retreats to the neckline price, and then rises again. We call such price changes as retracement to confirm support. After the price retracements to the neckline, when it rises again and breaks through the previous price high, the method to confirm the breakthrough is still to look at the closing result of the K-line, whether the rising K-line entity crosses the resistance line, as shown in the figure. Usually this position is called a stable buying point.

9.16 Bitcoin has formed a double low, waiting for a pull-up of #新币挖矿CATI #特朗普哈里斯辩论未提及加密货币 #比特币挖矿难度创历史新高

The article published on the day gave a profit stop of 59300 long orders of Bitcoin near 601. The weak white market relied on a needle to penetrate 59367 (deviation 60 points) in the early morning and then directly pulled to near 601.

Looking at today's market, the current 1-hour J line is downward and crosses the DK line. MACD forms a dead cross. The 4-hour RSI is about to enter the overbought area. The KDJ three lines are downward and form a dead cross. In the short term, it will still fall back. The daily line is still bullish. Today's decline will definitely not be higher than yesterday, because the pull-up on Friday played a repair role.

Weekend suggestion: Bitcoin retreats to around 59530 and 588 defense is seen near 603

🚀$SOL 🚀Big event in the cryptocurrency circle! ! ! Sol is going to 🛫🚀

SevenX Ventures will join hands with Jito and Renzo to hold a VIP dinner for the Sol ecosystem.

According to Lookonchain monitoring, 11 hours ago, a whale bought another 10,000 SOL and carried out. In the past month, this whale has purchased a total of 50,000 SOL.

It can be seen that Sol is going to rise on the market, but it is suppressed by the market.

Bad news! ! Sol spot ETF may be in trouble. $SOL
#新币挖矿CATI #新币挖矿HMSTR #美国8月核心CPI超预期 #FTX赎回Solana

$SOL $BTC $ETH
The cryptocurrency market has been picking up recently, and Bitcoin, Ethereum, and Sol have become popular among traders.

However, strangely enough, Sol's open interest rate in the crypto market is far behind Bitcoin and Ethereum. Although this data is quite discouraging at first glance, the analysis company Santiment smells the smell of price increases.

He predicts that the price of Sol can reach $140. The current market movement may be that optimistic traders are preparing for another wave of Sol. This view is not a blind guess. Since late August, speculators have been more optimistic than ever about Solana.

Looking forward, Solana may have a great opportunity.

1. If the Federal Reserve cuts interest rates, it will be a bullish signal.

2. The Solana 2024 Breakthrough Point event that will be held in Singapore soon.

This kind of activity has always driven up prices, because insiders will take the opportunity to announce the latest ecosystem updates, and once the market heats up, prices will naturally go up. #sol板块 #灰度将推出首个美国XRP信托
Follow me for the latest news and accurate position layout of daily market analysis

Just a little bit short (60 points) of entering the market.
#FTX赎回Solana #新币挖矿CATI

There are rumors that the Fed is actively discussing the possibility of cutting interest rates by 50 basis points.
There are significant differences in the market, and the debate between 50 basis points and 25 basis points of interest rate cuts is intensifying. JPMorgan Chase supports the former, while Goldman Sachs sticks to the latter position. The Fed's market guidance before next Wednesday has become the focus, and its decisions will directly affect the market direction.

If the Fed only cuts interest rates by 25 basis points, the market may sell off because expectations of a 50 basis point cut are deeply rooted in the public. However, there is also a risk in cutting interest rates by 50 basis points, and the market may misinterpret it as a signal of economic distress. The change in interest rate cut expectations stems from the comments of many authoritative media and former Federal Reserve officials. Investors need to be cautious. #特朗普哈里斯辩论未提及加密货币

15-minute short-term trading strategy (don't criticize me, big guys)
First give yourself some time to look at the market and find the general direction to choose whether to go long or short.
For example, shorting
Entry strategy: When the closing price of the third 15-minute K-line is below the high point of the first two 15-minute K-lines and above all the bottoms between them.
When the closing price of the third 15-minute K-line is below MA10 or has been running below MA10.

When there is no profit, it is time to set the stop loss point at the opening price of the 15-minute K-line, or the closing price is below the high point of the entry 15-minute K-line.

When a profit is generated, set the stop loss point below the high point of the first 15-minute K-line that generates profit,
The opening price or closing price of the 15-minute K-line is above the high point of the profitable 15-minute K-line, and stop loss and exit

The second profit, the third, the fourth, and so on.
When the closing price of the 15-minute K-line is above the 10-day moving average, stop loss and exit.
If there is no stop loss during the trading session, close all positions 5 minutes before the closing.
Play with small funds to practice market sense. Pork trotter rice is still not a problem. $DOGE
#美国8月核心CPI超预期 #特朗普哈里斯辩论未提及加密货币 #比特币挖矿难度创历史新高

At present, the 1-hour indicator of the sub-chart has formed a high-level dead cross, and the energy volume column has turned green.
Note that the daily K is still in the 📈 trend. Be ready to withdraw at any time.
If you want to go short, go for the second one, not the first one. #比特币挖矿难度创历史新高 #美国大选如何影响加密产业？

In last week's US presidential debate, Harris directly quoted a research report from Goldman Sachs to criticize her rival Trump. What did the research report say that made the CEO of Goldman Sachs rush out to "put out the fire"?

It turned out that the research report analyzed the economic policies of Trump and Harris, saying that Trump's plan might worsen the US economy, while Harris' plan would strengthen the economy. Now Harris directly used Goldman Sachs as an "endorsement" and said that what it provided was an "opportunity economy."

However, Goldman Sachs CEO Solomon did not dare to make a big fuss about this matter, and quickly came out to clarify that the report was written by an independent analyst and that everyone should not over-interpret it. He also said that in fact, the difference in the impact of the two parties on the economy is not that big, only one or two tenths of 1%.

But the financial blog Zerohedge did not buy it, and directly attacked Goldman Sachs, saying that they always equate illegal immigration with economic growth, but ignore the big problems such as the collapse of the social safety net and the soaring crime rate. He also said that Goldman Sachs' research reports are inaccurate 80% of the time, which is completely nonsense.

While the CEO of Goldman Sachs was busy putting out the fire, Douglas Mirowitz, a FICC trader at Goldman Sachs, released a new research report. He said that even if Harris won, the US stock market would still fall, the US bond yields would fall, and the US dollar would weaken. This was simply a cold water on Harris!

Let's talk about Goldman Sachs' predictions on the election results. They think that if the Republicans win a landslide victory, the US dollar, US stocks, and US bond yields will all rise; if Harris wins, the situation will be bad, US stocks will fall, US bond yields will fall, and the US dollar will weaken. However, Goldman Sachs also said that these predictions are based on a certain probability, and no one can guarantee it.

As for the Goldman Sachs research report used by Harris to attack Trump, it analyzes in detail the impact of the trade, immigration, and fiscal policies of the two party candidates on the economy. For example, if Trump wins, tariffs will have to rise; if Harris wins, immigration policies will have to change. These changes will have a certain impact on the economy. #特朗普哈里斯辩论未提及加密货币 #比特币年底能否突破10万美元？

#今日市场观点

To be honest, Ethereum has experienced a lot of major events in the past two years, such as its 10th anniversary and the launch of spot ETFs. Its market value is almost reaching 284 billion US dollars. However, such a huge behemoth has recently been like a "minor crisis". It should have risen steadily, but it has fallen all the way, which makes people say that it is incomprehensible.
Ethereum's performance makes people wonder: Can it still rise? Don't worry, let's take a look at the data. When the financing rate is low, it often indicates that the price of ETH will soar. Now the funding rate of ETH is between 0.002 and 0.005, which is a historical low. Every time this happened before, the price of ETH rose sharply. If the interest rate soars to more than 0.015, the price will be like a rocket. Back then, the price of ETH soared from 1,500 US dollars to 4,000 US dollars.
Looking at the technical analysis again, the RSI indicator also shows a strong bullish divergence. This means that ETH is likely to test higher prices, and may reach $3,500 to $3,600 in the short term. If it breaks through this range, $5,000 will not be a dream in the next few months.
The market trend is also very good, rebounding from the downward trend line and heading straight up. With this momentum, it is difficult for ETH not to make a profit.
In addition, Ethereum's network activity is also very popular. On September 1, although the gas price was not high, the daily gas usage actually hit a record high of 109 billion. This shows that the Ethereum network is still alive and kicking, and those who say that ETH's influence is weakening can take a break. High gas usage is proof that demand is still there.
The transaction volume of stablecoins on the chain is also very good, reaching $1.46 trillion, more than double the $650 billion at the beginning of last year. Stablecoins such as DAI, USDT, and USDC are all very popular. Especially PayPal's PYUSD, which is now $2.4 billion. This shows that the demand for DeFi is increasing, and traditional finance is also constantly getting involved.

At present, many people in the market are pessimistic about ETH. In addition to the problems of the Ethereum ecosystem itself, the Ethereum Foundation continues to sell off, and the founder Vitalik Buterin is dating girls every day. It is also affected by the overall market conditions of the current crypto market. Except for Bitcoin, most altcoins have far exceeded ETH. It's just that the market has given ETH too high expectations.

There won't be anyone who hasn't made money in this market, right?

I heard you will be released from prison in a few days, so I'm sending you some handling fee to express my gratitude. You'd better raise 700 yuan for me after you get out. $BNB

It's the key position of 580 again, it's not too difficult to go up

The essence of intraday trading is, first, don't do it randomly, second, don't hold a heavy position, and third, never hold it overnight. No matter what level of trading you do, you should follow the standards, including the judgment standard for failure, the entry standard, the position management standard, the stop loss standard, the position standard, the increase and decrease position standard, and the profit standard. Intraday short-term trading is not random because of the small level. Why is intraday trading not afraid of heavy positions? Because the intraday volatility is limited, the effective value loss is small, the position holding time is short, even if the position is full, no matter the profit or loss, as long as you can get out quickly, the risk is limited. The last line of defense is also the essence of intraday trading, which is four words, never hold it overnight unless you are staring at
. If you can't do this, all your efforts will fail, and then you are not doing intraday trading.