A big guy came...
He said that he had been paying attention to Bitcoin since 2013. I took the opportunity to chat with him. He asked me what I did.
I said, if you hoard coins in the currency circle, you will be a loser. Do you also hoard coins?
He said, yes, I have been hoarding for 10 years. He asked me what I think of the market? Short or long? ........
After a set of exchanges, it seems that he is still a novice. He doesn't know many ways in the currency circle. He even asked me where to buy a cold wallet?
It seems that he is a novice. Does he really understand the currency circle?
For example, you don't need to buy a cold wallet. You can find a second-hand mobile phone.
For example, the short-term market is unpredictable, and most of those who predict it are scammers.
For example, the K-line can basically be spent by the project party and the exchange.
He said, I know.
That's it? Can you start hoarding coins?
How to deposit and withdraw money safely? How to make a cold wallet? What coins to hoard? How to increase or decrease positions? What to do when you can't hold on? How to adjust if the coin is delisted? How to deal with the decline? .......
There are too many tricks, and you may not know them.
If you don’t know these tricks, you can only try and make mistakes foolishly.

Bitcoin finally breaks through the original oscillation range and is under pressure at 65000-67100

Liquidation completed, long orders increased several times at once. Did you sleep well last night? Are your positions still there when you wake up?
The liquidation map of the past week shows that almost all shorts have been liquidated, and the remaining ones are small positions with low multiples
The difference in long and short liquidity has reached an astonishing 20 times! That is to say, under the same increase and decrease, the liquidation volume of long orders is 20 times that of short orders. In this case, if you want to continue to rise, you can only rely on spot
One word: awesome
But you still have to think about how to settle so many profitable long orders
You can't draw the door again
As Bitcoin rises strongly to nearly $65,000, altcoins are also ushering in a comprehensive rise
Among them, SUN rose by 66.98%
TRB rose by 27.1%
SATS rose by 22.38%
SAGA rose by 20.65%
SUI rose by 18.5%
SEI rose by 18.3%
Do you think the bull market is back, brothers?
The news is stimulating, don't be tempted too much, brothers
Last night, the global market held its breath waiting for the speech of Federal Reserve Chairman Powell, who sent the strongest signal of interest rate cuts so far
U.S. economic data has given the green light for interest rate cuts. The minutes of the July meeting released on Wednesday showed that "the vast majority" of FOMC members agreed to cut interest rates in September
And Powell's speech has added certainty to this expectation. He said that the Fed intends to take action to avoid further weakness in the U.S. labor market, and now is the time to adjust policy
This statement is in stark contrast to Powell's remarks on the same stage two years ago. At that time, he expressed his willingness to accept a recession as the price of reducing inflation
This time, his attitude is clearer, and he seems to have enough data to support the decision to cut interest rates
The market responded enthusiastically, and investors flocked to the market. U.S. stocks rose across the board, gold rose, and Bitcoin once broke through $62,306. Although it fell back, it almost broke through $65,000 in the morning. This wave of market has made investors who keep up with the pace earn a lot of money
The market carnival is not over
At present, the market still maintains the script of first pulling up and then smashing, the difference in long and short liquidity is amazing, and the liquidation volume of long orders is 20 times that of short orders
In this case, if you want to continue to rise, you can only rely on spot
The Fed's interest rate cut decision will have a profound impact on the global economy, and the market's reaction has just begun

At present, Bitcoin will not fall below 60,000 quickly. Patience is the key to life. Let's predict the upper limit of Bitcoin. Above 65,000 is the entry point for the pin. It is OK to short it with the short-term support level. Distinguish between effective pull-ups and pin-ups. Below 65,000 is quite reasonable. The short-term support level is 63,000-63,400. Above 63,000, the editor still chooses to short Bitcoin. What position is shorted? For large fluctuations, use an additional short order. There must be a tolerance rate. The pressure level is 64,500-65,000-65,800-64,000. 1-3-3-3 additional short orders. The quilt is increased in proportion. It is OK to reduce the position when it is profitable. The pull-up is low-priced chips. Control the price of liquidation. Add positions at key points. This kind of large fluctuation is very easy to operate.

At 10 pm last night, Fed Chairman Powell gave a speech at Jackson Hole and said:
The time for policy adjustment has come!
The Fed has sent out the strongest signal of interest rate cuts, and the September rate cut is a foregone conclusion. After Powell's speech, the three major U.S. stock indexes closed up by more than 1%, and BTC broke through the 62740 line of pressure, reaching a high of 64955, close to the integer of 65000. The current price is 64000.

The big bitcoin is trading sideways, and mainstream altcoins are starting to perform one after another.
It is very strange that Ethereum is likely to attract a wave of compensatory increases soon.

But it is not certain whether it will start to compensatory increases directly after trading sideways, or whether it will fluctuate downwards and make up for the increase.
In recent days, BTC's sub-network FB is also ready to move, similar to the wave of inscriptions last year.

Currently, some institutions are promoting the sub-network, 50% for early airdrops and rewards, and 50% for mining.
If the release on September 1 can be hyped up, it may ignite a wave of overall price increases in the BTC ecosystem.

This chart is a bit confusing. Now let's talk about the range: 60,000 to 62,000, 63,000 to 66,000, and 68,000 to 70,000. Only when the price reaches this range will there be an opportunity to operate. The overall direction is a low-to-high direction, and only when it is above 66,000 will we consider high-altitude operations. #BTC☀