When will the cryptocurrency market explode?

In the ever-changing financial market, people can't help but ask: When will the cryptocurrency market start to rise like this? At present, it seems that the world's attention is focused on the Chinese stock market, and the outflow of main funds has reached 36.5 billion, but retail investors are still pouring in. This makes people wonder whether it will be the cryptocurrency market's turn to be so crazy tonight?

Let's analyze the situation of ETH. In the afternoon, ETH temporarily stopped falling at 2601 points, but the rise seemed weak. Obviously, the A-share market has indeed attracted a lot of funds and has also affected the volatility of the cryptocurrency market. However, the seven-day closure of the A-share market in the later period may become the main venue of the cryptocurrency market.

Lao Bai has his own views on the later market. He pays attention to the opening of the US stock market tonight, hoping that the US stock market can greatly drive the rise of the cryptocurrency market. At the same time, whether ETH can pull back to 2560 today has also become the focus of investors. If it can pull back to this point, it may be a good time to get on board.

Summary:

It is worth noting that the transaction volume of the A-share market has reached 2.4 trillion, and such a huge amount of funds is surging in the market. When the US stock market opens tonight, Brother Long is optimistic that the cryptocurrency market will take off. After all, while the A-share market attracts a lot of funds, if a little "soup" can be left for the cryptocurrency market, then the cryptocurrency market is likely to usher in an exciting market tonight.

#大A香还是大饼香

#BTC☀

At 2:15 on October 1, we looked at the current market situation and could not help but sigh at the pitiful volatility of $BTC. The market is never afraid of confrontation, but it is afraid of participants losing enthusiasm. However, the current situation is that bulls can hardly drive the rhythm and emotions, and bears simply play dead, and such low volatility makes people feel boring.

When market liquidity dries up, the situation becomes particularly serious. No matter how the market changes, once one party has a capital cut, that party may be in trouble. For bulls, if they want to pull the market, they must increase the recharge efforts.

At this time, Chinese assets are experiencing a surge, and the siphon effect spreads rapidly like a virus. Jewish capital is also difficult to control the speed of media dissemination. In this process, we must remember two sentences: wealth transfer and energy conservation. Understanding the meaning of these two words may be the golden key to open the door to wealth in the currency circle.

Wealth transfer means that funds flow between different assets in search of higher returns. When Chinese assets perform strongly, funds will naturally be attracted to them, which has an impact on the flow of funds in the currency circle. The law of conservation of energy reminds us that the total energy of the market is limited, and the rise of one party may be accompanied by the relative decline of the other party.

In such a market environment, the panic of bulls is not without reason. They need to face strong competitive pressure and uncertain market prospects. However, this is also the charm of the market, full of challenges and opportunities. Only those investors who can accurately grasp the market dynamics and flexibly respond to various situations can stand out in this turbulent market.
For the entire currency circle, the current low volatility is a test. We need to stay calm, deeply analyze various factors in the market, and look for potential opportunities. At the same time, we must also be vigilant about risks and do a good job of risk management to ensure that we can move forward steadily in the market fluctuations.

The low volatility of BTC has caused panic among bulls, which will surely scare many air forces.
At this time, eating a wave of callbacks is also a good choice!

#鲍威尔谈话后市场调整降息预期

"The Century War Between A and Crypto Market"

"A is heading straight for 5,000 to support the backbone of the nation! The crypto market is still bullish!" This sentence is particularly appropriate today. The A market showed amazing explosive power this morning, soaring 5.7%, and the trading volume was even more impressive. It broke through one trillion in just 35 minutes, and the full-day trading volume is expected to break 3 trillion. Various communities are discussing A enthusiastically, and even those groups that have been keen on memes for years have begun to focus on A. The emergence of this phenomenon is due to the strong strength of domestic stimulus policies, which has a certain blood-sucking effect on the currency market; on the other hand, it is also related to the correction of the currency market today. After all, most retail investors in the currency market now go wherever they can make money.

However, despite the correction in the market today, the view on the currency market in the next two weeks is still optimistic. It is believed that before the election, the currency market will still be dominated by rising. As mentioned, the overall rise of the bull market is not a straight rise, and the overall decline of the bear market is not a straight fall, both are full of twists and turns and fluctuations. There will be a pullback when the market rises, and there will be a rebound when the market falls. This is a truth that everyone understands. But the key is whether you can accurately judge the trend of the market, whether it is upward or downward. If you can't judge the trend, you will easily fall into a vicious cycle of chasing ups and downs, and you will not be able to calmly face the market fluctuations.

In this financial world full of opportunities and challenges, whether it is the A-share market or the crypto market, investors need to remain calm, rational and have keen insight. We must pay attention to the impact of macroeconomic policies and analyze the technical and fundamental factors of the market. Only in this way can we seize opportunities in the ever-changing market and realize the appreciation of wealth. At the same time, we must also recognize the risks of the market, reasonably control our positions, and avoid blindly following the trend and excessive speculation.

#大A香还是大饼香

Before the big bull market comes, the representative coins of each major sector must be clear. If you don’t know what to buy, then look at the leading coins in the sector.

1. MEME board DOGE, SHIB, PEPE, FLOKI, BONK
2. AI board AGIX, WLD, FET, AI, NMR
3. Public chain board ETH, SOL, MATIC, FTM, ADA, AVAX, DOT, ATOM
4. LAYER2 board OP, ARB, METIS, IMX, MANTA, EGLD, MNT
5. 2024 halving board BCH, BSV, ZEC, ZEN, BTG
6. GAMEFI board SAND, MANA, GALA, ENJ, RON, PIXEL, ACE, ILV, MAGIC, YGG
7. Oracle sector TRB, LINK, API3, TRB, BAND
8. Payment concept sector MOB, ACH, XLM, CELO
9. Inscription sector ORDI, SATS, RATS
10. Storage sector AR, FIL, STORJ, BLZ
11. DEFI sector AAVE, COMP, RDNT, CRV, MKR, AVAX, DYDX
12. NFT sector BLUR, DYDX, LOOKS, DEGO
13. Modular sector TIA, MANTA, DYM, ALT,
14. Sports sector CHZ, SANTOS, POR, CITY, OG

Hold on after you have chosen. As long as you hold on, there will definitely be a return in one cycle, and no one can cut you off. Remember not to be indecisive.
#美国8月核心PCE创4月以来新高 #HMSTR开盘

A week ago, I chose a bad FTM between FTM and Sui. This week, FTM's trend is far less aggressive than Sui. Sui has risen sharply and nearly doubled. Don't chase high if you don't have a position. FTM made a small profit and exited. Learn from the lesson, and enter the market with a dispersed approach next time.

Sui is now the best time to short!

#SUI

1 Market trend: BTC is in a state of shock, and altcoins generally rise. The on-chain zoo market has ended. The US stock market is volatile, while the A-share market has skyrocketed.

2 Market hot spots: FTT, USTC, LUNC, and LUNA prices related to bankruptcy have risen. In the fourth quarter, FTX will have $16 billion to its users, but only $2 billion may actually enter the market.

Four years ago, OKX star Xu came out and started a magnificent bull market. History always repeats itself in different ways? !

#HMSTR开盘 #FTT

The A-share market is like this. It goes up and then closes. When it is on holiday, several major players discuss and cut it again when it opens.

T0 in the coin circle is invincible! T0 in the coin circle is invincible! T0 in the coin circle is invincible!

#大A香还是大饼香 #BTC☀

ETH intraday market analysis on September 30

From the weekly level, the current KDJ indicator continues to rise sharply, MACD short-term shorts are shrinking, and BOLL is still weakening overall. The middle track naturally becomes a strong pressure limit of the trend line (the price is probably still around 3000). In terms of the main chart, MA5 is rising this week, but MA10 and MA30 are not linked. At the same time, MA30 highs continue to suppress downward (this forms a resonance downward pressure of the trend indicator with BOLL), so overall, there is still room for rebound in the short term this week, but the pressure from above is also quite large. In the general direction, if 3000 cannot stand firm, it will still fall.

From the daily chart, the price of Ethereum is trying to fall below MA5 and MA10 before 4 pm, and the red TD1 falling signal has appeared. But then the short position shrinks, and the price of the currency stands on MA10 again, which also shows that the short-term rebound desire is still relatively strong. In addition, the MA three-day moving averages are still arranged to rise at different amplitudes. In terms of the chart, the KDJ and MACD indicators are strong but the volume is weakened. The overall BOLL is fluctuating upward, which shows that there is still a certain room for short-term gains in the day, and the first strong pressure of the high point is still around 2700-2765.

Summary: My personal view on the short-term trend of the day has not changed much. The short-term is still expected to fluctuate upward. The first key strong pressure of the high point is still referenced in the 2700-2765 area. For specific content, please refer to the drawing analysis in the accompanying text.
If the accompanying picture is not clear, you can enlarge it.

The above is a personal analysis of the intraday market, for your reference only.
#美国8月核心PCE创4月以来新高 #ETH🔥🔥🔥🔥

On the first trading day of this week, BTC price pressure is obviously not small. Although it has temporarily stabilized at the weekly support position in the short term, it is obvious that it has not effectively stopped the decline, and the support is still under pressure.

If the price continues to fall below, the downward pressure will increase. If the price falls below the weekly upper track, the short-term downward pressure will be greater.

However, the overall operation is still in the daily upper track range. It is not a big problem for the time being if it does not break the daily support of 62,400.

Last week, the price broke through the daily high of 65,000 and touched 66,500 and fell back. I personally think that if it does not break the daily upper track, it is still possible to continue to rise. After all, in my expectation, the 68,000 position has not been touched to release a lot of selling pressure.

The current price decline is caused by many factors. The Nikkei fell during the day. The US stock market has not opened this week. The strength of A shares may also cause a small amount of capital outflow, so the short-term decline is still normal.

Whether the price stabilizes still depends on the opening of the US stock market tonight and the subsequent trend of the US stock market this week. The trend of the US stock market this week may continue the trend of first decline and then rise.

If the important employment data released this week does not lead to a recession, the US stock market will inevitably make another effort
#美联储11月降息预期升温 #BTC走勢分析

German inflation falls further below ECB target, chances of October rate cut rise

German inflation fell further below the ECB’s 2% target in September, adding pressure on the central bank to cut rates in succession at its October meeting. The German statistics office said on Monday that consumer prices rose 1.6% year-on-year in September, down from 1.9% in August and the lowest since February 2021. The reading was slightly below economists’ expectations of 1.7%. The German data also followed a faster-than-expected cooling of inflation in France and Spain, raising the prospect of an October 17 rate cut by the ECB. In early September, the ECB cut its main deposit rate to 3.5%. While the fall in September was largely due to lower energy prices, inflation in the services sector, which is closely watched by ECB policymakers, also edged down to 3.8% from 3.9% in August. Given the fragile position of the German economy, which already shrank in the second quarter of this year and continued sluggish manufacturing, an ECB rate cut could also help stimulate much-needed economic activity.

#美联储11月降息预期升温

#BTC☀
Everyone, get in at more than 63,600!

Today, BTC fell from above $65,600 to a low of around $63,200. According to a report by 10x Research, this drop seems to be a typical bull market correction after overbought conditions.

Optimism about the fourth quarter is mainly due to expectations that the Federal Reserve will cut interest rates by another 50 basis points, as well as China's recently announced massive stimulus measures.

The market may learn about the Fed's action plan later today, as Fed Chairman Powell plans to speak on economic issues at the National Association for Business Economics Annual Meeting in Tennessee (tomorrow at 1 a.m.)

Today's Fear and Greed Index, the thinking behind the market's greed!

On September 30, 2024, today's Fear and Greed Index (FGI) was updated, and the current value is 61, indicating that the market is in a "greedy" state. This signal indicates that investor sentiment is high and the market heat continues to rise.

The calculation method of FGI combines multiple factors, including volatility accounting for 25%, market trading volume accounting for 25%, social media heat accounting for 15%, market research accounting for 15%, Bitcoin market proportion accounting for 10%, and Google hot word analysis accounting for 10%. Through the comprehensive evaluation of data from these different dimensions, it provides investors with an important indicator to understand market sentiment.

When the market is in a greedy state, although the overall atmosphere is optimistic, we must be soberly aware that greed is often accompanied by risks. At this time, excessive optimism may lead to the formation of price bubbles, and once the bubble bursts, investors will face huge losses. Therefore, it is crucial to stay vigilant at all times.

Moderate risk management and long-term investment strategies are particularly wise at this time. Investors should not be overwhelmed by the short-term market enthusiasm, but should calmly analyze market trends, rationally allocate assets, and avoid blindly following the trend and over-investment.

In this cryptocurrency market full of opportunities and challenges, we must remain calm and invest rationally. Only in this way can we better seize opportunities and welcome a better tomorrow. At the same time, we should also pay close attention to changes in the fear and greed index and other market indicators, so as to adjust investment strategies in a timely manner, reduce risks, and achieve steady growth of assets.

#BTC走勢分析

Today's BTC and ETH trend analysis!

Bearish! Bearish! Bearish!

#BTC #ETH

Cryptocurrency XRP: A Breakthrough Journey Facing Opportunities and Challenges!

On September 30, 2024, XRP, the sixth-ranked cryptocurrency by market capitalization, had a major breakthrough. The controversial cryptocurrency closed well above the $0.64 level on the Binance exchange on Sunday and is currently trading at $0.6518, up more than 6% in the past 24 hours. Its valuation reached $36.8 billion, and its market capitalization successfully climbed to the sixth place, surpassing Circle's USDC token.

This is undoubtedly a major victory for bulls who have been struggling to break through the $0.60 resistance level. XRP became one of the best-performing top 100 cryptocurrencies on Sunday and was the only major altcoin that could compete with a group of soaring meme coins.

However, XRP's upward journey was not smooth sailing. After the final verdict of the Ripple case in August, bulls briefly pushed the price up, but failed to stay above $0.60. Now, while XRP appears poised to outperform after a key weekly close, the U.S. Securities and Exchange Commission (SEC) could still present a roadblock for bulls.

Conclusion:

It is reported that the deadline for the SEC to appeal the Ripple case is set for October 6. There are rumors that the agency may challenge the summary judgment in July 2023. If the SEC ultimately appeals, it is likely to have a negative impact on XRP's price performance. Legal analyst Fred Rispoli said the appeal process will be quite lengthy and the ruling will not be overturned until at least 2026.

#美国8月核心PCE创4月以来新高
#BTC

The altcoins have been rising one after another, including SUI public chain, FET artificial intelligence, and today's WIF PEOPle. The average rise in the altcoin market is unlikely to exceed one month per year. It is more likely to be in the oversold rebound stage. Cherish the opportunity that comes from hard times.

#sui链