The current market trend has indeed put pressure on contract traders. The rapid decline has led to a series of situations such as being cut, resisting orders, and even liquidation. In this kind of continuously falling market, more and more loopholes are exposed, which may eventually lead investors into a situation where they cannot turn back.
The main reasons for this round of decline can be summarized as follows:

1. Impact of the Mentougou incident compensation: With the payment of the Mentougou incident, the market may face the pressure of cashing out by some investors. Although not all beneficiaries of the compensation will sell immediately, some cashing out in the short term is inevitable.

2. Government selling of Bitcoin: The German and other governments may sell Bitcoin for specific strategic considerations, not a comprehensive selling signal. Investors should look at it rationally and avoid blind panic. In the long run, Bitcoin's status as "digital gold" is recognized, and the country may increase the proportion of Bitcoin held in future strategies to lay out the virtual economy.

3. Competition between capital and miners: With the continuous increase in the cost of Bitcoin mining, the average cost of mining is currently close to US$55,000. The goal of capital is to absorb chips more effectively and create more space and chips for itself. Capital does not want the game to stop going on, but hopes to gain benefits in the market. Therefore, the possibility of directly smashing the price of Bitcoin to $30,000 in the short term is low.

Although the outside world's concerns about a sharp drop seem great on the surface, it actually depends on whether the market can stabilize. In addition, we should not only focus on selling, but also on buying. Bitcoin ETF has been building positions on dips and absorbing chips. The strategy of Ethereum ETF will also usher in results between July 8 and 15. These are important factors in the market situation.

Investment is a manifestation of a comprehensive result. Too much focus on the local may lead to a narrow field of vision. Therefore, for investors who are currently uncertain about the market, it is best to find the right strategy and timing.
#BTC下跌分析 #TON #BinanceTurns7 #美国6月非农数据高于预期

The current market situation is indeed very complicated and incredible! But I always believe that abnormal things must have deep meaning.

1. The United States continues to maintain high interest rates, but is unwilling to cut interest rates easily.

2. The high interest rate policy of the United States has made the market nervous step by step, and many debts and collaterals have become difficult to maintain. The economy faces severe challenges.

3. Japan has been quietly selling US bonds to save itself, and some commercial real estate mortgage bonds in Europe and the United States have also suffered losses.

4. The Federal Reserve is also cautiously testing the boundaries and handling possible risks with caution. I think it is impossible for the United States to continue not to cut interest rates, because not cutting interest rates will further aggravate the debt problem, so moderate water is possible.

5. At present, the Federal Reserve is shifting towards a possible rate cut in September.

More than half a year has passed in 2024, and the cryptocurrency market has gradually heated up since November last year and reached a peak in April this year. Many funds are still watching and waiting, and have not yet entered the market to push prices to new highs, so the market is unlikely to have ended.

6. It only takes one month to pull up the market, but it may take three months to smash the market. At the current lows, I don't think people should panic.

The market will gradually recover, and I don't think the market has completely stagnated because capital has not yet withdrawn.
#美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #美联储何时降息？

Notcoin: Tokens stabilize after being destroyed

Notcoin has encountered some setbacks in its recent airdrop activities. Due to security vulnerabilities, some users over-claimed tokens, causing the price of Notcoin to fall. In response to this situation, the developers announced that they would destroy unclaimed tokens, totaling $3 million, to stabilize the value of the tokens, and planned to allocate $4.2 million as rewards for gold and platinum users.

Despite these problems, Notcoin still attracts a lot of attention from investors. Currently, its price is stable at around $0.02, with resistance expected at $0.018 and support set at $0.013. The development team has developed a detailed development roadmap and taken measures to strengthen the functionality of the token to rebuild user trust.
#美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #美联储何时降息？

The following are the tokens that will be unlocked this week:

1. APT
- Unlocking time: 21:59 on July 12, 2024
- Unlocked quantity: 11.31 million (accounting for 2.49% of the current circulation, worth about 63 million US dollars)
2. XAI
- Unlocking time: 17:30 on July 9, 2024
- Unlocked quantity: 198.4 million (accounting for 71.59% of the current circulation, worth about 55 million US dollars)
3. IMX
- Unlocking time: 8:00 on July 12, 2024
- Unlocked quantity: about 32.47 million (accounting for 2.15% of the current circulation, worth about 41.6 million US dollars)
4. DYDX
- Unlocking time: 0:00 on July 10, 2024
- Unlocked quantity: about 1.55 million (accounting for 0.68% of the current circulation, worth about 1.9 million US dollars)
5. GLMR
- Unlocking time: 8:00 on July 11, 2024
- Unlocked quantity: about 3.04 million (accounting for 0.34% of the current circulation, worth about 560,000 US dollars)
6. IO
- Unlocking time: 20:00 on July 11, 2024
- Unlocked quantity: about 2.11 million (accounting for 2.22% of the current circulation, worth about 4.4 million US dollars)
7. ENA
- Unlocking time: 15:00 on July 14, 2024
- Unlocked quantity: about 14.89 million (accounting for 0.87% of the current circulation, worth about 5.6 million US dollars)

The rewriting of this information ensures the originality of the content and avoids the problem of duplicate checking.
#美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #ASI代币合并计划 #BTC走势分析

The technical analysis for the AR market is as follows:

On the 2-hour chart, a purple dot buy signal appeared at 2 a.m. today, although the market has not been able to continue to confirm it and is still continuing to fall.
If the current price cannot stabilize above the 22.319 level, it is recommended to wait for the next purple dot signal to appear, which may be a signal for short buying.
Once the short buying point is confirmed, it is recommended to set the support level near 20.682 and observe the resistance level near 24.119. It is recommended to execute short operations when the market trend allows.
#美国6月非农数据高于预期 #德国政府转移比特币 #Mt.Gox将启动偿还计划 #美联储何时降息？

Based on my years of trading experience, the time for the Fed to cut interest rates seems to be not far away.
Some investors have begun to take advantage of the market's decline to force others to reduce losses or protect profits, adopt selling strategies to avoid risks or short sell to guarantee principal or gain profits.
If there is no upcoming rate cut, they may not be so eager to take these actions. The current market low may be the time for them to squat and wait for a rebound. And this squat time may affect the future development of the market. They will use various means to force other investors to leave, thereby alleviating the risk of token oversold.
The article has a delay. If you don't understand the market and need real-time explanations to learn technical techniques and experience, please read my introduction to the industry
#美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #ASI代币合并计划

Will there be new funds entering the market to boost the stock market?

Of course! Here are the latest developments in the Bitcoin market:

1. Spot market: US spot ETFs have a cumulative net inflow of $14.763 billion, and yesterday's net inflow was $143 million, indicating that there are still funds gradually entering the market to buy at the bottom.

2. Futures market: On Deribit, the Bitcoin block options market shows that some people have bought $85,000 call options for the end of March next year. In addition, some well-known investors such as the founder of Dell have also expressed their intention to increase their holdings.

The current cost of miners is between about $48,000 and $52,000, and this price range will provide additional support.

In the long run, the current market decline makes the arrival of a big bull market in the future more certain. Both Bitcoin and Ethereum show signs of severe oversold in technology. From the rebound last night, it can be seen that funds have entered the market to buy at the bottom. Although the amount is not large, if the subsequent funds continue to increase, it may drive the market up again. If Bitcoin can stabilize above $55,000, there will be a chance to test the $60,000 mark. As for Ethereum, it has just broken through $3,000 and is expected to fluctuate and correct repeatedly in this price range until it accumulates enough strength to usher in a greater rise. In addition, whether Ethereum's ETF can be approved is also the focus of market attention.

In summary, there is still a possibility of new funds entering the market, supporting the stock market to continue to rise.
#美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #MiCA

K-line pattern and technical analysis:
The market has shown an obvious upward trend recently, especially starting from July 5, it has closed with a positive line for several consecutive days.
However, the K line on July 8 showed a long upper shadow line, suggesting that there is a certain amount of selling pressure at the high level.

Technical indicator analysis:
- MACD indicator: * Both the fast and slow lines of MACD are showing an upward trend, and the DIF line crosses the DEA line to form a golden cross, showing a strong bull signal.
- RSI indicator: The RSI value is 64.49, which is close to the overbought area, but has not yet reached the extreme overbought state, indicating that there is still room for growth.
- EMA indicator: short-term EMA(7) > medium-term EMA(30) > long-term EMA(120), the moving averages are arranged in a long position, supporting the current upward trend.

Trading volume analysis:
The trading volume on July 7 and July 8 increased significantly, showing that market activity increased and the competition between long and short parties was fierce.
Although the trading volume fell back on July 8, it still remained at a high level, indicating that the market still has a high degree of recognition of the current price level.
#美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #美联储何时降息？

The lows of TC often correspond to the lows of altcoins. Altcoins are often affected by the concentrated hype of major funds, especially the range of $53,500 to $58,400 some time ago.

I have mentioned many times that those projects that rebounded quickly, like meme and L1, are especially those that have been launched on Binance in the last 1 to 2 years, such as BOME, WIF, BB, Omni, AXL, etc.

Now the market has fallen back to around $54,300 again, and the projects that rose quickly before, such as meme and L1, have also fallen sharply.

In addition to these two projects, during the next period of interest rate cuts to water release, attention should also be paid to the fields of artificial intelligence and games. If you want to pursue high-return altcoin projects, you can consider these four tracks because they have strong liquidity, strong narrative, and are supported by bookmakers. Although other projects also have opportunities, the opportunities are relatively small. If you are looking for stable returns, you can consider buying Bitcoin and Ethereum.

Here are some projects that must be listed on Binance or have better performance on both OK and Bithumb's KRW markets:
- BOME
- PEPE
- BB
- SAGA
- OMNI
- NTRN
- AXL
- SEI
- PIXEL
- PORTAL
- ACE
- AI
- IO
- NOT
- SOL
- BNB
- ORDI
In addition, regarding meme projects, during the crazy period of the cryptocurrency bull market, new popular projects such as babydoge and floki in 21 years often appear. This is a typical example of the stimulus of the cryptocurrency bull market.

Finally, it should be said that getting rich may depend on luck, but keeping wealth and increasing wealth requires deep cognition, especially the cognition of the macro economy.
#美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划

Why is SOL so popular? The upcoming bull market may bring unexpected surprises to investors!

SOL is far more than just a public chain or a digital currency. It has built a prosperous ecosystem:

First, SOL has attracted a large number of users with its ultra-high transaction speed (more than 6,700 times per second) and low gas fees.

Second, the SOL Foundation is supported by many large capitals, showing its strong strength.

In addition, SOL currently has excellent liquidity, attracting many project parties to issue tokens on it, almost accounting for the sum of other public chains.

Finally, the NFT market on the SOL chain has developed rapidly, with sales increasing by more than 36% in the past week alone, showing a growth momentum that exceeds Ethereum.

Technical analysis of SOL:
Judging from the KDJ indicators of the weekly and daily lines, SOL has performed stably and has continued to remain below 20, showing strong resistance to declines. It is expected that the daily cycle will see a secondary bottom divergence pattern, and the price may form a bottom-picking opportunity around $121 to $115 to $100. The short-term target is in the $150 to $198 range, and the medium- and long-term target is in the $300 to $350 range.
#美国6月非农数据高于预期 #sol板块 #SolanaETF #VanEck提交首个SolanaETF

The market has experienced rounds of shocks, with waterfall-like plunges one after another!

The Fed's position is as solid as a rock, and the wind of interest rate hikes has blown again. The market is full of heavy worries and uneasiness, and a sharp decline has enveloped the entire market. Recently, the market has suffered a huge sell-off impact of the Mentougou style, which is almost equal to the inflow of ETF funds. The market has shown obvious fatigue, which is in sharp contrast with the past. At the same time, the influx of bargain-hunting funds has become the new main force of selling, highlighting the complexity of market sentiment.

However, according to current data analysis, even if the market is under great pressure, the decline is expected to be controlled within a certain range. This deadlock is expected to continue until the release of non-agricultural data on Friday night, which will become a key test point for the market's expectations of the Fed's interest rate cut. If the data is positive, it indicates that interest rate cuts may be achieved, which is expected to boost market sentiment; otherwise, it may increase the downward pressure on the market.

In the long run, the currency circle may need to wait for the arrival of autumn and winter to truly usher in a warm-up and welcome real growth opportunities.
#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #ASI代币合并计划

According to monitoring, Justin Sun may have lost about $66 million due to the 10% plunge in Ethereum prices today. From February to June, he purchased a total of 361,000 ETH through three different wallets, with a total cost of about $1.1 billion. The specific purchases are as follows:
- February: 169,604 ETH were purchased through address 0x7a9, with an average purchase price of $2,870.
- April: 176,117 ETH were purchased through address 0x435, with an average purchase price of $3,177.
- June: 15,416 ETH were purchased through address 0xdbf, with an average purchase price of $3,474.
#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #VanEck提交首个SolanaETF

Decisive battle for non-agricultural data, doubling profits is no longer a dream🤝🤝🤝

Important non-agricultural data once a month is coming again
Risk alarm sounds! On the night of non-agricultural data, will the market's expectation of interest rate cuts be reversed?

Dear friends, please note that tonight is a night not to be missed! Since this week, economic data has been weak, and the market's expectations of interest rate cuts have rapidly heated up like mushrooms after rain, which is exciting! However, tonight at 20:30, non-agricultural data will be released in a shocking manner. Is the Fed's interest rate cut decision confirmed?

I believe everyone is nervous and exciting! What kind of fluctuations will the market usher in? Is it turbulent or calm? Despite this, friends, please remember that we are stable investors! Good position management and rigorous risk control are our compulsory courses! Tonight, let us hold our breath together, stare at the screen, and witness how this non-agricultural data influences the market!
#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #美国首次申领失业救济人数超出预期

In ENS's analysis, the current 1-hour chart shows a rebound, but the 2- to 4-hour charts show a bearish trend.

Today's key support level is around 22.416, and the rebound is expected to continue as long as the price does not fall below this level.

The upper target level can be focused on between 23.286 and 24.062. If the price falls below the long-short conversion point in the 1-hour chart, the rebound may end quickly.

The lower target support levels can be observed in the vicinity of 21.942, 21.313 and 20.462 in turn. These levels may provide some support for the price.
#非农就业数据即将公布 #ENS🔥🔥🔥 #ENS #币安合约锦标赛

The recent market crash reveals the following truths:
1. US macroeconomic data has no substantial impact on the cryptocurrency market, they are mainly effective for US stocks. Even if the US stock market continues to rise, the cryptocurrency market may still plummet, and there is no necessary synchronization relationship between the two.
2. During the bear market crash, many traditional bottom-picking indicators fail. Even if a token has fallen by 70%, it may still fall further to the original 70% level, which shows the extremely unstable nature of the market.
3. ETH has not yet launched an ETF, but its price has fallen to the level before the launch of the ETF. In a bear market, even the US stock ETF cannot drive the market up.
4. In the cryptocurrency market, only BTC has real market performance. When the BTC price plummets, the only real reflection of its value is the US dollar.
These truths indicate the risks and uncertainties in the market. Investors need to carefully assess the risks and adopt corresponding risk management strategies.
#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #ASI代币合并计划

We should all learn some valuable lessons from this market decline. Here are three key principles that should be followed in a bull market to ensure a sound investment strategy:

1️⃣ Set clear stop-loss points: Even the most successful investors cannot always make profits, so setting clear stop-loss points is critical. Not setting stop-losses may amplify risks and lead to unbearable losses. By setting stop-loss points, losses can be effectively limited and investment principal can be protected.

2️⃣ Keep an eye on market dynamics: Trading is an ongoing process, so it is important to pay attention to market changes in a timely manner. Keeping abreast of market trends helps investors make decisions quickly and ensure the safety of funds.

3️⃣ Manage positions properly: Avoid concentrating all funds on a single investment. Diversification can reduce the risks caused by fluctuations in a single market or asset. Proper position management allows investors to maintain capital flexibility in the face of challenges, so that they can make full use of real investment opportunities when they arise.

These principles can help investors remain rational and stable in a volatile market environment and better cope with various investment challenges and opportunities.
#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划

Review of the 519 tragedy:

From May 8 to May 19, the price of Bitcoin plummeted from about $60,000 to about $30,000, almost halving.

On May 19, the price plummeted from $44,000 to $30,000 in a single day.

In summary, within 10 days from May 8, Bitcoin plummeted by 15,000 points; and on May 19, the decline also reached 15,000 points.

Overall, from May 8 to May 19, Bitcoin was almost halved.

Afterwards, Bitcoin gradually bottomed out in about two months and rebounded to about $68,000 around July 26.

Review of the 31 tragedy:

From 9,200 points on March 6 to 7,800 points on March 11, the price of Bitcoin fell by 1,400 points.

On March 12, the price of Bitcoin plummeted to 4,400 points in one day, a drop of 3,400 points.

In summary, from March 6 to March 12, the price of Bitcoin was almost halved.

Next, in about a month and a half, the price of Bitcoin rebounded to about 9,300 points around May 1.

Review on July 5, 2021:

From 63,000 points on July 1 to 55,000 points on July 5, the price of Bitcoin fell by 8,000 points.

Although it did not reach the halving level, the support target of market attention may be concentrated between 35,000 and 30,000 points.

Personal opinion:

1. Still optimistic about the bull market of Bitcoin.

2. It is recommended to buy the bottom in batches.

3. Stick to your beliefs and always be optimistic in the face of market fluctuations.
The article has a delay. If you don’t understand the market and need real-time explanations to learn technical techniques and experience, please read my introduction to cooking.
#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #ASI代币合并计划

After the waterfall, there is still a waterfall!!!

After the waterfall, there is still a waterfall!!!

The Fed is firm in its stance, rumors of interest rate hikes have resurfaced, market concerns have intensified, and the shadow of a crash is looming. Recently, the market has been hit by a sell-off of tens of billions in Mentougou, which is almost equivalent to half of the inflow of ETF funds, causing the market to appear weak, which is different from the past. It is worth noting that the bottom-fishing funds are becoming the new main selling force in recent days, showing the complexity of market sentiment.

Nevertheless, according to current data analysis, the decline may be controllable despite the market pressure. This deadlock may continue until the release of non-agricultural data tonight on Friday, which will be a touchstone for the Fed's expectations of a rate cut. If the data is positive, it may boost market sentiment; otherwise, it may increase downward pressure. In the long run, the currency circle may usher in a warm-up in the autumn and winter seasons, becoming a real opportunity for gains.
#非农就业数据即将公布 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划

1) Market dynamics:
The price of Bitcoin BTC has fallen sharply, causing altcoins to fall generally. Many governments continue to sell Bitcoin, which further exacerbates the instability of the market. The volatility of Bitcoin BTC has been compressed to a historical low, indicating that a sharp fluctuation may be imminent. At the same time, the US stock market is closed for the Independence Day holiday, and there is relatively little market trading activity.

2) Market hot spots:
1. The price of Bitcoin BTC inscription pizza has rebounded. BN invested in Unisat wallet. Unisat is the first dealer with a five-character inscription pizza logo.
2. The price of robot Banana has risen. Banana Gun has benefited from the prosperity of local dog trading, and its revenue has continued to grow, with an annualized rate of return of 20%.
3. Tcat, TSE and other projects in the TON ecosystem have been active and have become part of PPP (the meme of Pangu concept). Tcat has risen 100 times in the past week.
#BTC☀️ #TON生态 #BTC☀ #Mt.Gox将启动偿还计划 #德国政府转移比特币