The market has repeatedly tested the bottom space during the day, and it seems a little inappropriate to go long with such a structural reason. Combined with the current hourly line, after the currency price fell below the lower track, the K-line operation range led to the retracement of the market below the lower track. The shape is not too good for Duotou, but the correction next to it will still give Xiaofu a stretch.
At present, from the four-hour chart, it has seriously fallen below the lower Bollinger band. It hit the lowest level of 58180 in the morning and rebounded slightly. The current price of the currency is running around 59200, and KDJ turned upward from a low position to initially form a golden cross.
However, MACD still diverges downward, and the volume continues to increase. From the overall market perspective, the price of the currency has fallen too much, and the overall indicators are strong in the short position. The intraday rebound is mainly for high altitude layout
The weekly support of Bitcoin is around 57,800. As long as it does not fall below 57,800, it will still be a weekly oscillation range, so don't worry.
You can find an opportunity to enter the market with long orders.
B. If Bitcoin falls below the 57,500-57,800 range this week, you must be careful and short-term orders must leave the market, because this will form a large-scale decline.
The monthly line closes with a negative K and the weekly line closes with a negative K. Then it is very likely to go to the 48,000-50,000 range to test the support of 50,000 for the second time.
In summary: If it falls below 57,800 this week, it will fall sharply. The first support is above 55,000 and the second support is above 51,000.
If it does not fall below, it will still be a grinding plate oscillation pattern, and it can still be bullish and find an opportunity to enter the market.
How to really make money in the cryptocurrency world?
Small funds, know nothing Only consider Bitcoin, Ethereum, BNB. You can't make 100 times, but if a novice doesn't lose money, he is making money.
Small funds, but old investors who know how to invest Understand the track, projects and human nature. Buy new instead of old, and pay attention to potential projects with low market value.
Medium funds, know a little but not proficient Large positions are equipped with high-quality mainstream coins, and small positions chase hot spots.
All your actions are derived from your cognition, and all the actions made by this behavior to the outside world will affect the direction of your destiny.
To change your destiny, you can only start by changing the underlying core and cognition.
The human body cannot be reborn, but human cognition can be changed, and people can be reborn through the renewal of cognition.
The biggest obstacle for people to improve their cognition is not others, but themselves.
There are different definitions of all-in. Let me give you a few examples.
If you have a family and you still have a mortgage to pay, your family income is 200,000 yuan a year, and you can barely make ends meet. In this case, the limit of all-in may be hundreds of thousands, and you generally can't hold it for a long time or don't cut it even if you lose.
If your family is good, your parents or older brothers and sisters have very high incomes, and you have good social resources, even if you have nothing at the time, when you find a good investment opportunity, you have a self-occupied house and a car, you may be able to all-in directly, and you can get back up after losing everything - this is the story of CZ.
Some people are shareholders of high-quality companies, with a steady cash flow and annual income in the hundreds of millions, so they can all-in billions or even tens of billions of high-quality projects, such as Duan Yongping.
I just chatted with a friend who was extremely pessimistic and was holding on to losses in the cryptocurrency circle. He also knew that it was wrong to hold on now and that he would continue to lose money. He also knew what to do now to make money, but he still chose to "wait", waiting for a rebound, waiting for an uncertain future. When I talked about this, I wanted a paragraph. The original text of this paragraph is: In this life, people are always waiting, waiting for the future, waiting for no time, waiting for the next time, waiting for time, waiting for conditions, waiting for money, but later, waiting for no choice, waiting for regrets, and at the same time, I thought of another sentence: Pessimists are always right, and optimists are always on the road, In fact, "waiting" is a compulsory course in life, but waiting also has many different interpretations, in the cryptocurrency circle, "waiting" should be waiting for the fruits of victory while running, and should not be lying down and waiting to be harvested, the crypto market is a cruel wealth transfer market, all traders are in this big barrel of wealth transfer, some people, running in the drum, make more and more money, some people, lying in the drum, unknowingly have nothing left.
If the Fed cuts interest rates in September, the world will be at peace! If the Fed raises interest rates in September, it may trigger a world war! So the world will usher in a fateful node in September. If the Fed does not cut interest rates or raises interest rates in September, it means that global conflicts will intensify and a world war is imminent! So the Fed must choose between raising and lowering interest rates in September. If the Fed cuts interest rates in September, it means that American financial capital has given up its plan to reap the world, which means that American financial capital has chosen to compromise with the world, because after the Fed cuts interest rates, the US dollar will flow out of the United States and return to the markets of various countries. The economies of various countries will avoid bankruptcy because they regain the support of capital, which is a great thing for our crypto market. It will definitely soar!
Harris' campaign proposals: 1. Raise the "zero-dollar purchase" limit from $950 to $1,500. 2. Children are free to change their gender without parental consent. 3. Give a certain group special certificates so that they can be international 4. The immigration policies of each state are led by the federal government (no private wall or net building) 5. Restrict the petrochemical industry. By 2045, the United States will become a clean energy economy.
1. In a bull market, the more popular the coin (often accompanied by high control), the faster it falls
2. Few people promote the real potential coins and bottom coins. Instead, only a small number of people will occasionally shout at the bottom
3. The trend of the cryptocurrency circle, looking at the overall situation, is always a gentle curve
4. The methods used by the altcoin dealers to pull the market are similar, usually smashing + slowly pulling up
5. If the new coin on the exchange is accompanied by a surge and then a plunge, it should not be touched
6. It is normal to fall when you buy and rise when you sell. If you can't stand this fluctuation, you should consider your mentality
7. After you buy, it rises instead of falling, and after you make a profit of 5%-20%, it suddenly starts to pull back, which means that the coin is about to start harvesting
8. The most ruthless price rebound is often not the potential coin, but the leek plate
9. In a bull market, some potential coins perform mediocrely in the first half, but often start to rise several times in the second half
10 In a bull market, if a coin can still go sideways for several months after experiencing several times of growth, it is probably a potential coin
Yesterday, Bitcoin did not break out of the range of fluctuations, and walked at the end of the triangle fluctuation. Today is Friday, and the trend will probably be stronger today. The triangle will probably end up rising. Today, it is recommended to buy low, around 6W, and break through 62700.
Compared with Bitcoin, Ethereum has a clearer shape. From the current position, Ethereum has an obvious parallel upward trend. Compared with Bitcoin, it is more cost-effective to buy more Ethereum now! Around 2620, Zhiying 2780-2820.
Advice for friends in the cryptocurrency circle 1. 90% of your wealth is earned in 10% of your time, so it is important not to be fully invested. You must make friends with time and use 90% to wait for opportunities. New leeks are unwilling to be empty or even half-invested, so they must go in. This fear of missing out is also a necessary stage for every novice. 2. You must set stop-profit and stop-loss. It is not great to buy, but it is a master to sell. 3. Others buy what they have made a fortune. When you hear this news, you must be afraid of missing it. Remember, when you hear the news, it is too late. If you go in, you will take over at a high position, which is a huge risk. 4. Don't have faith in a certain coin. If you identify the wind, leave when you make money, and wait quietly for the next outlet. Don't think that if you choose the right outlet, even pigs can fly. The cryptocurrency circle is not about who makes money faster, but who can live longer. 5. Don't believe in getting rich overnight, but you must believe in the power of compound interest. You can only earn money within your cognitive range. 6. There are risks in entering the market, so you must be cautious when investing. You must leave yourself a way out before you step into this circle.
It is illegal to speculate in cryptocurrencies in China!
It needs to be made clear that:
1. In China, Bitcoin is not legal tender, and individuals are free to buy and sell (including deposits and withdrawals), which is not illegal. But don't speculate on exchange rates through U, and don't recruit people
2. It is illegal to carry out cryptocurrency-related businesses, including opening exchanges, issuing coins, and conducting OTC
It should be noted that there are differences in cognition in domestic regions, and there will be deviations in law enforcement.
In short, speculation in cryptocurrencies is a personal behavior; there is no problem if it does not involve offline and projects.
What is CARV CARV is the native token of the CARV ecosystem and the medium of exchange for the ecosystem. It gives players data ownership and allows players to participate in ecosystem development and governance. How does CARV bring benefits to users through the CARV protocol The CARV protocol allows users to decide how to use and share their data. At the same time, through the CARV protocol, data monetization can be achieved. Users can not only protect their privacy, but also convert data into economic benefits. CARV has great potential. What kind of future prospects will CARV bring? In the future, CARV will play a very important role in the Web3 data ecosystem. With the continuous development of decentralized technology, CARV will enable data to continue to grow, thereby achieving a more open and prosperous ecosystem, promoting the development of the web3 data field, and bringing more generous rewards to users
I can’t remember which round of consecutive perfect predictions this is. I just know that this week is the right direction to look at, and I can give you a point to enter the factory for guidance.
This round was also completed in the early trading below 6.0w of the big pie. After the guidance was given to Kanduo, the market was perfectly coordinated and came out. At this point, another round of guidance can be completed, and more than 1,000 points of the pie were pocketed.
At this time, someone may ask if there is a former high? The far-sighted answer must be yes, you just need to wait patiently, but as a high-leverage short 🧵, it is a good habit to guide the pocket in time.
Trump surpassed Kamala Harris on Polymarket as the most likely winner of the US election, while Bitcoin price fell and major tokens such as ETH and SOL also fell sharply, while TRX and ADA rose against the trend. Tron's TRX benefited from increased network activity, and the launch of its Memecoin generator boosted activity. Even though political forecasts show Trump leading in the election, the main factors affecting Bitcoin's price are still US monetary policy and supply issues.
Key Points - Trump's odds on Polymarket are ahead of Kamala Harris, with a gap of 52-47 in the forecast. - Tron's TRX and Cardano's ADA are the only tokens to achieve growth among major digital currencies. - Bitcoin price fell below $59,000 and there was widespread selling pressure in the market. - Tron's launch of the memecoin generator increased its network activity and token issuance. - Trump's approval rating rose slightly in key swing states such as Pennsylvania and North Carolina.
Many people don't understand that the Fed's reluctance to cut interest rates is actually to harvest Country Z. Although there is a high probability that interest rates will be cut in September, the magnitude will not be too large, and the benefits to the market will be limited.
Let's review history first. At the end of the last century, in order to reduce production costs, the United States moved its factories to Country Z, where labor was cheap. Country Z produced a large number of goods and sold them to the United States. These goods supported the US currency and solved the US inflation problem.
But later, Country Z was no longer satisfied with being a sweatshop and began to transform into a high-end industry, which made the United States feel threatened and launched a trade war against Country Z.
The problem is that the United States can't find another Country Z, and there are not enough goods to digest the United States' money. There are fewer goods, but the money is still the same, and the result is soaring inflation.
In response, the United States launched the "Dollar Tide" plan, attempting to survive by harvesting Country Z.