At 2 a.m., the 1-hour chart showed a yellow signal dot, indicating a bullish entry signal.
Recommended Operational Strategy
Stand above 0.3310: Investors are advised to wait patiently for the current price to stabilize above 0.3310 and confirm that the next yellow dot appears before considering entering the market. Yellow dot signal: Once the yellow dot appears, it will be a great time to buy long.
Pressure and support levels Pressure level: Pay attention to the pressure level near 0.3408. Support level: Pay attention to the support level around 0.3201.
Market trend The current market trend supports a long strategy. These suggestions are designed to help investors make informed trading decisions based on market trends and technical signals.
Sailing in the turbulent waves of the market, perhaps you have felt like a lone boat, swayed by the wind and waves. Whether it is the jubilant crest of the waves or the lonely abyss, whether it is a straight journey or an ups and downs, it seems difficult for you to firmly grasp the steering wheel and achieve victory steadily. The cycle of "encountering headwinds when buying, encountering high tides when selling, seeing flowers bloom after giving up, and blindly chasing the rise and falling into the quagmire" is like an invisible yoke, which unknowingly makes the boat of funds fall into a burden, and this reincarnation seems to be an ancient and mysterious spell, never stopping, making people feel exhausted.
However, at this moment, it is the perfect time for you to press the pause button and let your heart return to tranquility. Let us review the past voyages together, draw wisdom from every storm, and gain strength from every challenge. This is not only a farewell to the past, but also a process of accumulating energy for the next sailing. Please remember that every failure is a valuable experience leading to wisdom and success. The key lies in whether we can be humble, reflect deeply, and grow bravely.
Let us take firm steps towards the journey of self-transcendence. No longer be troubled by the shadows of the past, but let every challenge become a furnace to temper your tenacious will. Be ready to embrace a more magnificent journey with awe of the market and a desire for victory. May you be able to control the market with a more mature attitude and sail your investment boat steadily to the other side of success.
Recent developments in the Bitcoin (BTC) market show that there are rumors of fake transactions worth 60,000 units. This phenomenon is interpreted as Wall Street capital intervening in the market after the ETF is approved, maintaining price stability and increasing liquidity through operations.
According to the current situation, the real value range of BTC is closer to around $40,000 per unit, while Ethereum (ETH) remains at around $2,500 per unit under the influence of ETF expectations. In contrast, altcoins without ETF liquidity support have fallen back to levels similar to BTC's $25,000 to $30,000 per unit under the influence of panic. This means that although they have achieved at least double the growth relative to the bear market trough, there is still more than ten times the decline from the historical high (ATH).
It should be noted that real opportunities are often hidden in the calm of the market. At present, the altcoin field seems deserted due to lack of attention. However, any attempt to enter the field at this time may be regarded as irrational, which often indicates a sign of an impending market recovery. Even if the price of altcoins falls further, their bottom may only be close to the level of $15,000 per unit of BTC, that is, they have experienced a significant risk of halving. However, from the perspective of potential upside, these altcoins generally have more than ten times the growth potential.
Investors should carefully choose potential currencies that are supported by actual projects and have a circulation of more than 90%, and encourage bold investment layout at the current time. I believe that the accumulation of time and the courage of decision-making will eventually bring rich returns on investment. If this article is helpful to you, you may wish to pay attention to it. If you have any questions that you don’t understand, you need to consult or want to communicate and learn together. Read the introduction of Zhuye and try to get into the circle #币安合约锦标赛 #Mt.Gox将启动偿还计划 #以太坊ETF批准预期 #meme板块关注热点 #VanEck提交首个SolanaETF
Dogecoin DOGE has great potential and is expected to hit the $1 mark!
Although DOGE’s market dynamics in 2024 have been somewhat lackluster, the value of this meme-based digital currency seems to have been quietly slipping without showing significant upward momentum. However, we are still full of longing for the future of DOGE. DOGE's market status and prospects Admittedly, some people would argue that DOGE lacks market appeal. After all, its price has either fallen or stagnated over the past nine years. But history tells us that DOGE has also had its moments of brilliance, such as a time when its price soared more than 300 times and another time when it rebounded about 60 times from its lows.
Market analysis of Ethereum (ETH) (July 2): #ETH🔥🔥🔥🔥 #ETH投资 #币安合约锦标赛 #以太坊ETF批准预期 #meme板块关注热点 Early in today's trading, Ethereum formed a shooting star closing pattern and encountered obvious upward resistance at the $3540 level. The main support currently concerned is around $3410. The four-hour chart shows that the price has begun to fall slowly, and the bulls are obviously insufficient. In the future, special attention needs to be paid to whether support for retracement can be found at $3410.
On the four-hour chart, the $3530 level will be a key suppression level. The one-hour chart shows that the price as a whole remains in the Boll descending channel, and the bears continue to increase. The focus in the future is to see whether it can stop falling and rebound.
Based on the above analysis, it is recommended to pay attention to whether Ethereum can maintain a rebound in the future, and a short-selling strategy can be considered.
If you are interested in the cryptocurrency world but don’t know where to start, you might as well follow my introduction and find me, and work with me to arrange 100x coins and discuss the mysteries of the cryptocurrency world and future possibilities.
The last gasp track: the recent sudden surge in old projects
Recently, some old currencies in the market have suddenly risen sharply on the AnAn platform, rushing to the top of the list of gains. The following are some common characteristics of these projects:
1. Old projects: These currencies are usually old projects in the market and have existed for a long time. 2. Low trading volume: Daily trading volume is very low, and the market activity is not high. 3. Continuous decline in currency prices: The currency price has been falling for a long time, and there is no obvious upward trend.
Recently, many similar old projects have encountered such a situation. It is recommended that investors can pay attention and look for more similar opportunities.
This phenomenon is called the **"last gasp track"** by me, because these old currencies have suddenly seen a short-term sharp rise after a long period of downturn, as if they were shining with the last light of the last gasp.
Summary: Although the sudden explosion of old currencies is tempting, its risks are relatively high. While paying attention to this track, investors should remain cautious and avoid blindly following the trend.
Bitcoin has once again broken through its all-time high today, exceeding the key price of $65,000, with an increase of more than 4%.
This news quickly ignited the enthusiasm of the entire cryptocurrency market. Analysts generally believe that the rise in Bitcoin prices is closely related to the increased global acceptance of cryptocurrencies. Recently, a number of mainstream financial institutions have announced their support for Bitcoin and other cryptocurrencies, further promoting the prosperity of the market.
In addition, the rise in Bitcoin prices has also driven the performance of mainstream cryptocurrencies such as Ethereum and Litecoin. Investors' confidence in the cryptocurrency market is gradually increasing, and it is expected that the market will continue to remain active in the future.
To learn more about the relevant knowledge and first-hand cutting-edge information of the currency circle, please click on the avatar to obtain daily market analysis and high-quality potential currency recommendations.
July investment strategy: seize the rebound opportunity and operate altcoins cautiously 1. Reduction strategy It doesn’t matter whether the bull market returns: there is no need to pay too much attention to whether the market has entered a bull market. For investors who are fully invested and are stuck, this rebound is a good opportunity to reduce their positions. Keep USDT in hand: After reducing positions, be sure to keep some USDT in hand to avoid full-position operations, which are extremely risky. It is recommended to keep a 50-50 ratio between coins and USDT, so that you can respond more flexibly in market fluctuations.
2. Invest in high-quality tracks Choose public chains or value coins in high-quality tracks: focus on high-quality projects with long-term potential. Once you get a profit, exit in time and don’t covet too much profit. Flexibly switch investment targets: like a "scumbag", constantly switch investment targets and don’t hold a coin for a long time. Diversification can reduce risks and increase profit opportunities.
3. Avoid high-risk operations and stay away from contract transactions: Contract transactions are extremely risky, especially in unstable markets, and such operations should be avoided. Follow the trend and don’t fight against the market: Don’t try to operate against the trend before the market trend is clear. In early July and the beginning of the third quarter, the operations of the market makers are often full of variables, and investors need to respond with caution.
Summary At the beginning of July, BTC and Ethereum performed strongly, while altcoins have not yet made significant moves. Market sentiment is gradually warming up, but caution should be maintained in operations.
The following are key strategies: Reduce positions: Use rebound opportunities to reduce positions, retain some USDT, and avoid full position risks.
Invest in high-quality tracks: Choose public chains or value coins with long-term potential, flexibly convert investment targets, and take profits in time.
Avoid high-risk operations: Stay away from contract transactions, follow market trends, and do not fight against the market, especially in early July and the beginning of the third quarter, you need to be particularly cautious in dealing with the operations of the market makers. These strategies can help investors reduce risks and steadily obtain returns in the current market environment.
#币安合约锦标赛 #以太坊ETF批准预期 #meme板块关注热点 #Mt.Gox将启动偿还计划 If this article is helpful to you, you may wish to pay attention to it. If you have any questions that you don’t understand, you need to consult or want to communicate and learn together. Read the introduction of the cooking industry and try to enter the circle
In the 1-hour chart, purple dots appeared, suggesting a short buy signal, indicating that prices may continue to fall. The following is a detailed analysis and operation suggestions:
Suggested operation: Open a short order near the red dot.
Target price: 0.003799 to 0.003760 range, expected to obtain a maximum profit of 2%. Stop loss setting: near the previous high of 0.003917.
It should be noted that this is a short order against the trend. Considering that the large-scale 4-hour trend is bullish, the potential profit is limited. Trading involves risks, please operate with caution!
We recommend several potential altcoins in the second half of 2024, which are expected to grow by at least 10 times! TAO
TAO leverages its innovative approach, ranked fourth in the AI-crypto rankings, to combine blockchain technology with machine learning. The platform democratizes AI by simplifying the process of developing, sharing and training machine learning models within its ecosystem. TAO allows machine learning models to be trained collaboratively and receive rewards based on the value of their contribution to the network, while also allowing external access, providing users with the ability to extract information and customize activities.
PYTH
As the largest and fastest-growing first-party Oracle network in the industry, Pyth Network is known for its superior performance and extensive partner network. Top market makers, exchanges, and financial services institutions have chosen to join the Pyth Network and rely heavily on its accurate price data feeds to support business operations.
BONK
Bonk is the first dog-themed cryptocurrency on the Solana blockchain and has seen significant growth since its launch. It is expected that by the end of 2024, Bonk may reach the $0.1 mark based on its unique conceptual analysis. The popularity of meme tokens continues to drive up Bonk’s value, leveraging the high speed and scalability of the Solana blockchain, attracting investors seeking faster and more cost-effective alternatives to Ethereum’s meme tokens. These altcoins have significant growth potential in the second half of 2024, especially in their respective areas of innovation and market positioning, and are expected to gain significant market share and return on investment. #币安合约锦标赛 #以太坊ETF批准预期 #美联储何时降息? #TAO是人工智能的比特币🚀 #Pyth趋势
ZRO is currently showing a bullish market trend on the daily chart. It is recommended to look for a bullish buy signal, i.e., a yellow dot, on the 4-hour chart.
Pay special attention to the price support level of about 3.093 on the 4-hour chart. If the price fails to break below this point, you can wait for the yellow dot signal to appear and confirm before considering a long trade.
The upward pressure level is expected to be between 3.292 and 3.477.
If the price breaks the 4-hour support, you should switch to the 1-hour chart and look for a short buy signal, i.e., a purple dot.
The support level below is expected to be between 2.883 and 2.746.
#zro #BTC☀ #BTC突破7万大关 #币安合约锦标赛 #美联储何时降息? Specifically how to layout, what varieties to layout, and how to maximize the profit strategy! ! Click on the avatar to find me
BTC and ETH bull market returns, rebounding quickly!
In the past 4 hours, the market has seen $40 million in short orders liquidated, indicating a strong rebound in market sentiment.
Bitcoin is currently showing strong upward momentum. After a long period of adjustment and washing, it is finally showing some signs of action. #BTC突破7万大关 #BTC☀ #ETH🔥🔥🔥🔥 #ETH大涨 #币安合约锦标赛 Specifically how to layout, what varieties to layout, and how to maximize the profit strategy! ! Click on the avatar to find me
Pepecoin Price Outlook: A Must-See Reveal of the Rise and Fall for Newbies!
For newbies in the cryptocurrency world, the price fluctuations of Pepecoin can be confusing. Today, we will uncover the secrets behind the price of Pepecoin and help you easily understand its ups and downs. First, let's look at the key support levels of Pepecoin.
Pepecoin can be likened to a brave adventurer, constantly climbing the mountain road of price. When the price fell to $0.00001087, $0.00001078, and $0.00001047, these positions were like safe footholds, indicating that Pepecoin may have a foothold at these levels and is ready to set off again. However, the road to adventure is not smooth sailing. Pepecoin will encounter resistance levels on its way up. Currently, Pepecoin is facing resistance levels at $0.00001144, $0.00001160, and $0.00001167. These resistance levels are like steep slopes that Pepecoin needs to overcome in order to continue to climb.
Can Pepecoin successfully break through these resistance levels? This depends on its technical indicators. At present, Pepecoin's technical indicators show some fatigue. The short-term moving average (9EMA) is lower than the long-term moving average (20EMA), showing signs of market weakness, similar to the difficulty of adventurers when climbing.
In addition, the market sentiment of Pepecoin is not optimistic. The MACD indicator shows that the market sentiment is low and lacks upward momentum. The RSI indicator shows that the buying power is relatively weak and the market sentiment is not high.
Although Pepecoin is currently facing some challenges, we can't give up easily. In the currency circle, every price fluctuation is an adventurous journey. Maybe next time, Pepecoin will successfully break through the resistance level and open up a more brilliant future!
#PEPE市值超越LTC #BTC☀ #ETH🔥🔥🔥🔥 #非农就业数据即将公布 #币安合约锦标赛 If this article is helpful to you, you may wish to pay attention to it. If you have any questions that you don't understand, you need to consult or want to communicate and learn together. Read the introduction of the cooking industry and try to enter the circle
Bitcoin (BTC) rose strongly after consolidating at a low level overnight and is currently in a high consolidation stage. Although the daily and weekly lines maintain an upward trend, the short-term rhythm has slowed down. The upper resistance is still strong and there is a risk of a decline.
The 4-hour chart shows 6 consecutive positive lines, but the strength is not strong. The previous high of 64,000 has not been broken, and the market has not yet further recovered the high point. The chronic downward trend may continue in the future. It is recommended to adopt a high-altitude thinking operation to avoid blindly following the trend.
Operation suggestions:
Bitcoin: short near the 63,800-64,000 range, target 62,800-63,000, and stop loss set at 500 points.
Ethereum (ETH): synchronize Bitcoin operations, stop loss range is 30-35 points.
#BTC☀ #BTC走势预测 #BTC走势预测 #ETH🔥🔥🔥🔥 #ETH大涨 If you are interested in the cryptocurrency world but don’t know where to start, you may want to follow my introduction and find me, and together we can arrange 100x coins and discuss the mysteries of the cryptocurrency world and future possibilities.
Bitcoin Vitality ETF's 7-day streak of net outflows ended.
According to the latest data, Bitcoin Vitality ETF saw net inflows on the 25th and 26th after 7 consecutive days of net outflows from June 13th to June 24th. This net inflow is a sign that prices may begin to stabilize.
In response to the negative event that Mt.Gox announced that it would repay customers' bitcoins in July, it is expected that the selling pressure on Bitcoin will be less than market expectations.
About 75% of creditors chose to pay in advance (a 10% discount must be accepted), so there are currently only about 95,000 bitcoins for early payment of compensation (the remaining bitcoins will take longer to pay):
About 20,000 bitcoins belong to the claims fund, 10,000 bitcoins belong to Bitcoinica BK, and the remaining approximately 65,000 bitcoins belong to individual creditors, who are expected to hold bitcoins more firmly than the market expects.
The main creditors are early adopters who hold bitcoins for a long time and are sensitive to technology.
Individual creditors have rejected attractive offers from the claims fund over the years, showing that they prefer to recover bitcoins rather than accept compensation denominated in US dollars.
Selling Bitcoin could have significant capital gains tax implications. Despite only 15% of claims being recovered in kind, claim holders have gained 140x in value (in USD) on their recovered Bitcoin since bankruptcy.
There are many reasons for losses in the cryptocurrency market. I have summarized a few points:
1. Bandwagon effect: Many people will see others making a lot of money, and they will rush to follow the hot spots, sell the currencies they originally held, and buy the currencies recommended by others. This mentality is typically manifested as excessive herd mentality, lack of self-confidence, and easy to blindly follow the trend.
2. Improper fund management: Lack of reasonable planning of one's own funds, blindly engaging in high-risk speculation, even if it has been successful many times before, once it fails, it may lead to a loss.
3. Lack of stop-loss strategy: Many people do not set stop-loss lines in transactions and insist on holding losing positions. There is a saying that goes: "If the direction is wrong, the effort will be in vain." No one can predict the market trend 100%, so it is very important to maintain a good mentality and set clear risk control.
4. Greedy psychology: Many people cannot seize profit opportunities in time and always want to make more. In the case of success, you should take profits in time instead of being trapped in losses.
In the cryptocurrency market, the most important thing is to establish your own trading strategy system. Set clear profit and loss targets and implement them firmly, instead of changing your mind. If you find yourself chasing ups and downs and can’t find a clear trading direction, you can follow the steps of experienced traders to find your own position in the market fluctuations.
Life can sometimes make us feel busy and out of control. Everyone has their own challenges and difficulties, but behind it all, we have the ability to choose how to respond and how to face the ups and downs of life. One day, when you feel down, tell yourself that every challenge is an opportunity to grow. It is these challenges that make us stronger and more grateful for everything in life. Sometimes, just a word of encouragement is enough to inspire the strength in our hearts. Remember, life is not just about the present, but also about the distant dreams. Don't give up your dreams and goals because of temporary difficulties. Just as the sun always shines through the clouds, bringing warmth and hope, we can also gradually find our own direction and pursue the life we really want in our hearts.