Is the cryptocurrency market really good after the US rate cut?
With the advent of the US government's rate cut, interest rates will fall. People with more assets will choose to solve this problem through risk hedging, which means that the cryptocurrency market will become their investment choice. Due to the uncertainty of Bitcoin, when interest rates fall, it will promote the price of Bitcoin. At the same time, Bitcoin is gradually regarded as a safe-haven asset.
The decline in interest rates after the rate cut will indirectly stimulate more people to invest, and also increase their investment in high-return assets. In addition to the big cake, more people may choose the higher-risk altcoins as investment opportunities. For example, meme coins, which were recognized by more people in the past few months, are also one of them. In the bull market, some big players who are ambushing in the bear market often appear in the bull market to sell meme coins.
With the accelerated assets of spot ETFs entering the cryptocurrency market, market liquidity will become higher and higher, and after the rate cut, when the amount of funds is large, most institutions will flow excess money into the market in order to find high-yield projects.
According to past experience, the market will rebound in October, and there will be more opportunities in the next three months after the rate cut!
How can a novice make a profit in the cryptocurrency circle?
How can you win in the cryptocurrency circle? Here are some tips to turn your novice into a big boss
1. Simplicity is the way to go When the bull market comes, all kinds of news are flying everywhere. Remember, only do what you are good at, don't look around.
2. Topic popularity In this market, find hot topics and pay attention to what everyone is talking about. Hype often beats technology.
3. Grasp the leader of the track In this circle, if you meet "true love", you will be bold. The leading coin can often take you to fly.
4. New coins are novel Newly listed coins, new concepts, new ways of playing, don't miss it, the market always likes new things and dislikes old things.
5. Pullbacks are not scary Don't be scared by small pullbacks. It is normal to have pullbacks in a bull market. It is the hard truth to hold coins calmly.
6. Don't change positions frequently Frequently changing positions may suffer losses. Find the right target and wait patiently.
7. Reliable information Reliable news in the bull market is very important. Organize your information sources well and keep the information flowing.
8. Take profits in batches It is easy to make money in the bull market, but difficult to keep it. Remember to take profits regularly, safety first.
9. Keep some tricks Keep some tricks after taking profits, in case the market takes off, you can still get a share.
Another 250 million stablecoins were issued. What does this have to do with us?
Another 250 million stablecoins were issued. What does this have to do with us?
This morning, USDC Treasury minted 250 million coins on the Solana chain.
Previously, the issuance of USDT was considered a signal of market buying, which often led to an increase in the price of the currency. However, in today's environment, the proportion of this factor is gradually decreasing. Of course, no matter what, once the market sentiment is bullish, the issuance of USDT is one of the important signals for people to enter the cryptocurrency market.
The purpose of issuing more USDT is to attract more new funds to buy at the bottom. Therefore, every time USDT is issued more, there will be a short-term decline, and then the market will slowly rise.
Last night, the data came out, which lured more investors to buy, but the data was bearish, causing most of the investors who chased high positions to be liquidated.
The total liquidation data is 222 million US dollars. Whether it is spot or contract, you should follow the trend. You can buy when the spot price falls, and you must open a short position when the contract market is bearish. Trading has always been in line with the trend, and it is not something you can control.
Link coin is a native token born on Chainlink. Since Chainlink is a decentralized open source prediction network.
Most people don’t know what the oracle mechanism in the oracle section is:
The oracle acts as a porter, moving real-life (off-chain) data to the chain, thereby ensuring the development of various activities in the blockchain world. For example, the result of the US presidential election: Biden was elected and Trump lost. If there is an on-chain betting activity, A bets on Biden’s election and B bets on Trump’s election. In theory, A wins and B loses. However, if there is no oracle to provide the election results (data) to the on-chain world, the smart contract will not be triggered, so it will not determine who wins and who loses, and the final bonus will be locked until reliable data is fed to the smart contract.
To put it simply, it is to collect data and judge the accuracy of the data!
Let’s talk about the potential of LINK! Whether it is DeFi or other projects, as long as it involves data on the chain, the oracle needs to provide data to the smart contract. This has become a rigid demand for the development of blockchain applications. Chainlink (LINK), as the leader of the oracle, has the first-mover advantage and ranks first in the entire oracle field in terms of market value, which is 40 times that of the second place, occupying an absolute leading position.
Remember, if you regard your investment as a long-term investment, the market decline should be seen as an opportunity. It provides an opportunity to buy more tokens at a lower price. Before making any purchases, it is crucial to develop a strategy and never invest all your money in it.
If you like spot, want to roll funds together, and hoard bull market spot
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First, the good news has not disappeared. Now HOOK is still in a decline driven by the market decline. The impact of CPI data has affected most of the cottages. The short-term correction is for a better rebound! HOOK has two hype aspects. The first is that as an IEO project of Binance, CZ pays attention to the education sector. At the same time, there are fewer currencies in the education sector. Among the three projects currently mentioned, only HOOK is invested by Binance and is a former seed project.
Second, why can HOOK rise? In the near future, new coins will be issued on the TON chain. The issuance of new coins is likely to pull the market and market the new coins, so there is still room for growth in the short term. For those who buy near 0.5, you can wait for CZ to be released from prison next month, or sell in batches after the new coins are issued!
The importance of CPI, tonight's data affects the specific situation!
For tonight's CPI data, you can refer to last week's unemployment rate of 4.3%, which directly led to concerns about the US economic recession and the global stock market crash. After a week, the market has not been fully repaired. The previous value of tonight's data was 3%, and the expectation was also 3%. The published data was greater than the decline, and it was lower than the expected decline, which was in line with the expected rise!
HOOK is the platform coin of the Hooked Protocol platform. Hooked Protocol is a platform that integrates Web3 learning, incentives, social interaction and games, focusing on "Learn and Earn". In the early stage of the project, Hooked Protocol has obtained financing from institutions such as Sequoia and Binance, and the token $HOOK has also been launched on Binance. Users can learn and complete tasks through the platform, obtain token income, and cash out on the exchange.
There are two major reasons for the recent positive news: First, it is necessary to issue new coins on the chain, which is bound to pull the market, which is a means of selling new coins. Second, as one of the leaders of Binance's education sector, the launch of HOOK 2.0 has a higher market recognition after the upgrade. #HOOK
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The rise of the educational mechanism sector?
Recently, educational mechanism sectors such as HOOK have seen a slight increase. Let me briefly introduce HOOK.
The Hooked protocol develops the community through tailored product experience, mainstream marketing, and web3 education, while providing infrastructure for the development of enterprise web3. Its mission is to form an attractive community-owned ecosystem. Web3 community entrance: various incentive mechanisms, easy-to-use wallets and users' decentralized identities have been established. Gamified learning experience: a simplified education system that combines immersive (experience-based) learning and inquiry-based (curiosity-based) learning experience Web3 simulation experience, enabling users to participate in popular areas of cryptocurrency such as NFT and GameFi. Innovative learning experience in a fun and engaging way through short videos. Application infrastructure: infrastructure integration to bring more applications and businesses into the web3 and Hooked ecosystems. $hook #HOOK #教育板块 #加密市场反弹
Today's US PPI data is lower than expected, which is good for the market and indicates that inflation has slowed down!
PPI reflects the price level of the production link. So is the higher the PPI, the better or the lower the better? The higher the PPI, the more serious the upstream inflation, and the manufacturers will raise prices, which will make our purchases more and more expensive. However, if the PPI is too low, it will lead to a shortage of materials on the market, which will also lead to rising prices because supply cannot meet demand. In general, PPI should be maintained at around 0% (that is, the price does not rise or fall) and is best to be stable.
If you want to make money in the second half of the year, just follow this rhythm.
First, Bitcoin's volatility will continue. The current retracement is to repair the confidence of the rise. The biggest problem this year is whether the interest rate cut can bring about a violent period of the bull market. You make the worst plan, for example, if the increase is only 1 times, you can still make money in the bull market, so next you just need to pay attention to buying when the price falls back to the cost price of the mining machine, and then patiently wait for the shock of the interest rate cut.
Secondly, because of the increase in March this year, everyone thinks that the current bull market is gone, but experienced old leeks know that the bull market is definitely not just that. There must be a more violent bull market impact. The arrival of interest rate cuts may be an opportunity.
Finally, you just need to understand that the market is a game for dealers to pull the market and harvest retail investors, so as long as an opportunity comes, the dealer will cooperate with retail investors to pull the market, starting with the big cake ether, and slowly to the cottage. You need to sell when everyone thinks it has not reached the top, so as not to lose money.
Remember, if you regard your investment as a long-term investment, the decline of the market should be regarded as an opportunity. It provides an opportunity to buy more tokens at a lower price. It is crucial to develop a strategy before making any purchases, and never invest all your money in it. If you like spot trading, want to roll funds together, and hoard bull market spot trading Click on the avatar, follow me, and share for free #美国PPI数据即将公布 #美国CPI数据即将公布 #美联储何时降息?
Under normal circumstances, the Fed's interest rate cut is good for the market. Why is it the reason for the decline now? In fact, this is the problem of market mediation.
When the US dollar raises interest rates, market funds will slowly flow to the United States, and the United States can fully leverage at this time, so this is why AI technology stocks can double. Interest rate cuts mean that the arbitrage of the US dollar will be weakened. Capitalists have no nationality distinction. They will choose assets with higher profits to avoid this arbitrage. From a historical perspective, the Internet bubble in 2000 and the subprime mortgage crisis in 2008 were both caused by interest rate cuts. Now the legal currency is depreciating. The debt snowballs of various countries are getting bigger and bigger, and the credit crisis will become more and more serious. The yen raises interest rates, and before the US dollar cuts interest rates, the market will naturally adjust automatically, and the problem of economic recession has not been completely resolved for the time being. Only when the interest rate cut is thoroughly implemented can the market return to the outbreak period after a major reshuffle. Now we just need to wait for the implementation of the interest rate cut!
Isn't Bitcoin a safe-haven asset? Why does it fall as soon as negative news appears!
In fact, there is only one reason: Bitcoin is a way for rich people to use it as a safe-haven asset. Why is it safe-haven? Bitcoin cross-border transactions do not require you to pay taxes, so Bitcoin is just a means of tax evasion. In the end, it still has to be converted into real currency. Even if Bitcoin transactions are popularized all over the world and can be used in daily life, as an investment token, the price is not stable, and most people are still willing to pay with existing currency. Therefore, every token you buy is just the price given by the current market, not the actual price. When no one in the market takes over, it is the end of the harvest of institutions. #BTC走势分析 #美联储何时降息?
62,000 is very important, and a new high may appear if it stands firm! ! ! After the "Black Monday", Bitcoin once fell below $50,000, but BTC showed extraordinary resilience. In just a few days, it recaptured the 62,000 mark, igniting optimism. The strong rebound has led to the formation of a bullish hammer pattern on the weekly chart, which indicates that Bitcoin may have bottomed out. It is possible to embark on a new upward trajectory. The "huge bull hammer" may herald the beginning of another round of rebound. Currently, Bitcoin is trading at around $61,373, recovering from an earlier drop of $54,000. This rapid rebound has changed market sentiment, and futures traders have a large number of long positions, indicating growing confidence in Bitcoin's bullish outlook. The activities of Bitcoin whales have also fueled optimism. Data shows that these whales have been accumulating BTC at an accelerated rate, especially during price declines. On August 5 and 6, Bitcoin’s whale volume reached its highest level since April, with wallets holding 10 to 1,000 BTC rapidly accumulating as the price fell below $50,000. This accumulation trend is a bullish sign, indicating that large investors are preparing for a potential price surge. Additionally, Bitcoin balances on exchanges have reached their lowest level in five years, suggesting that investors are moving their Bitcoin holdings into self-custody, possibly in anticipation of future price increases. Bitcoin’s firmness at the $54,000 support level is a strong indicator that a swift recovery is imminent. While the overall sentiment is positive, it is also important to acknowledge the potential risks. Bitcoin may still experience volatility and could retest lower levels before embarking on a sustained rise. However, with significant whale accumulation, positive economic indicators, and a stable market, the outlook for Bitcoin remains positive. If the right combination of market momentum and investor confidence is in place, Bitcoin could be on the verge of its next big rally. Keep an eye on key support and resistance levels, as the next few weeks could be crucial in determining where Bitcoin moves through the rest of 2024. In the current market, there is an opportunity to invest If you like spot and can keep up
100% Anti-freeze and Safe Deposit and Withdrawal Method in the Cryptocurrency Circle Extra: In addition to Alipay, WeChat also has a corresponding channel for receiving and remittance.
Continuing from the previous article, how can WeChat lose to Alipay? Search "WeChat Remittance" on WeChat and enter "I want to receive money" inside.
Then perform identity authentication, which is done in a few seconds. Then you can transfer foreign currency from your overseas bank account back to domestic banks or WeChat change through supported remittance institutions (Panda Express, WISE, etc.) to become RMB.
This method certainly does not occupy the convenient exchange quota of 50,000 US dollars per person per year. However, WeChat's own quota is 300,000 per year if you use change to receive money, and 500,000 per year if you use a bank card bound to WeChat to receive money.
So, there are many legal and compliant channels for money going out and money coming back to China, even if you don't use USDT transfer. People who don't understand only know 50,000 US dollars a year, and people who understand know millions of dollars a year. #美联储何时降息? #加密市场反弹 #BTC走势分析
Miners' Bitcoin reserves fell to a three-year low.
On August 3, miners held 1,510,300 Bitcoins, down 2.4% from the highest record in December 2020. From a side view, miners' selling of Bitcoin is a negative performance of the market. There is no large-scale selling now. The panic on August 5 caused some mining machines to show negative growth, perhaps due to the large-scale market decline and the US economic recession.
If the number of Bitcoin sales increases, the decline of altcoins will be halved.
Recently, educational mechanism sectors such as HOOK have seen a slight increase. Let me briefly introduce HOOK.
The Hooked protocol develops the community through tailored product experience, mainstream marketing, and web3 education, while providing infrastructure for the development of enterprise web3. Its mission is to form an attractive community-owned ecosystem. Web3 community entrance: various incentive mechanisms, easy-to-use wallets and users' decentralized identities have been established. Gamified learning experience: a simplified education system that combines immersive (experience-based) learning and inquiry-based (curiosity-based) learning experience Web3 simulation experience, enabling users to participate in popular areas of cryptocurrency such as NFT and GameFi. Innovative learning experience in a fun and engaging way through short videos. Application infrastructure: infrastructure integration to bring more applications and businesses into the web3 and Hooked ecosystems. $hook #HOOK #教育板块 #加密市场反弹
1: Bitcoin 49,000 is the low point of this round of bull market. You can't buy Bitcoin 50,000. I think the current market is a reversal signal. The weekly line has a long lower shadow, and there is volume and price
2: Binance founder CZ is out of prison + interest rate cuts are coming soon. These two things will be hyped, and they are both bullish events
3: Grayscale supports TAO and SUI and establishes two new single-asset crypto investment funds. You can pay attention to the trend later
4: The bull market will really rise at the end of September and the beginning of October. During this period, the dog market will absorb funds. The real bull market needs to cut interest rates and increase liquidity #加密市场反弹 #美联储何时降息?
The Fed will not comply with calls for a substantial rate cut, and is unlikely to make an emergency rate cut.
Only last night's Russian support for mining, a decrease in the number of unemployed people in the United States, and Japan's decision not to raise interest rates are all positive factors. Today, American economists were surveyed and came to the conclusion that the Fed's rate cut point is 25 basis points, which is completely different from the 50-100 basis points said in the market. The consensus of these economists is that the Fed will adjust 25 basis points in September, November, December and the first quarter of next year, so a rate cut is inevitable and will be a batch-by-batch rate cut. #加密市场反弹 #美联储何时降息?
MAX: A potential new star in the MATR1X ecosystem!!
MAX, as the core governance token of the MATR1X ecosystem, carries the unparalleled advantages and potential of the ecosystem. From the financing perspective, MATR1X has received more than 20 million US dollars in funding support, laying a solid foundation for its subsequent development. In the field of games, the cumulative downloads of many AAA-level games have exceeded 2.5 million times, demonstrating its strong product appeal and market appeal. In addition, the outstanding performance of the NFT market, with a total transaction volume of more than 45,000 ETH, further proves MATR1X's leading position in the field of digital assets. MATR1X's popular game matrix is one of its core competitiveness. Star products such as MATR1X FIRE have not only received more than 2.5 million downloads worldwide, but also demonstrated the strength of top-level game products with a huge user base, wide market coverage, high game revenue and low threshold participation. It is particularly worth mentioning that MATR1X has effectively broken the "death spiral" in the traditional game economy through the unboxing and accessories economic mechanism, and achieved stability and prosperity of the in-game economy.
Most people sell when the market is negative and buy when the market explodes. It is easy to misjudge watching the market rise and fall every day. Here is a way to judge:
Step 1: Initial bottom-fishing When the BTC price drops by 4%, you can consider bottom-fishing and invest 25% of the principal. If the BTC price drops by 10%, increase the bottom-fishing strength and invest 40% of the principal. Note: Avoid full-position operations and always leave room for funds. Step 2: Second bottom-fishing If BTC fails to rebound after the first round of decline, but continues to bottom out (down 3% to 5%), then conduct a second bottom-fishing and invest 25% of the principal again. At this time, you have invested a total of 50% of the principal (25% last time + 25% this time). Summary: At this time, you have 50% of the chips in hand as a basis for further market fluctuations. Step 3: Deal with extreme situations If BTC continues to fall and enters a weekly waterfall decline (which is more common in bull markets, but rare in the current market unless there is a black swan or systemic risk event), then holding 50% of the chips will enable you to be risk-free. Just wait for the market to rebound slightly, and you will have a chance to get your money back and possibly buy at the bottom. Remember, if you view your investment as a long-term investment, the market decline should be seen as an opportunity. It provides an opportunity to buy more tokens at a lower price. It is crucial to develop a strategy before making any purchases, and never invest all your money in it. If you like spot, want to roll funds together, and hoard bull market spot Click on the avatar, follow me, and share for free #加密市场反弹 #BTC走势分析