Short-term strategy: Currency: METIS-spot. Time: 1-3 weeks Entry point: around 57-55 (open positions in batches) Take profit: 68-70-76 (take profit in batches) Stop loss: 50 Position: 5% of the total position. (Metis currently has a small trading volume and is not suitable for contract trading) Recommendation reason: metis belongs to the second layer, light public chain sector, strong market coin, the current decline is large, there is a need for rebound, and positions can be opened in batches at the bottom of the 4H level oscillation range. Key points: (Enter the market in batches and take profit in batches. After reaching the first take profit position, the stop loss position is moved to the cost price to protect profits) $METIS
At present, all the copycats, including the big pie and small level, are in the form of bulldozers, and the bottom is gradually rising. Waiting for the big positive line is just around the corner, and the future can be expected. All API3 tokens are currently in circulation, and their market value is currently only about 360 million US dollars. Compared with Chainlink, the leader in oracles, there is still room for growth of at least ten times. Therefore API3 is a sleeping giant and it is only a matter of time before the price catches up with the fundamentals The lock-up amount has increased significantly, and there is a greater chance of continuing to make up for the increase in the later period. If it breaks through 2.649, it will look at 3.2 #比特币减半 #Megadrop $API3
1️⃣ Ethereum re-staking: EigenLayer: leader in the restaking track, financing of 164.5 million US dollars, major investors: a16z Crypto, Blockchain Capital, Polychain, etc.
Renzo Protocol: Seed round of 3.2 million US dollars, re-staking agreement based on EigenLayer
Puffer Finance: financing of more than 6.15 million US dollars, many star institutions participated in the investment, built on Eigenlayer The original liquidity re-staking platform
Swell Network: Ethereum liquidity staking agreement with a seed round of 3.75 million US dollars, staking double-eat
Zircuit: EVM-compatible zero-knowledge rollup, L2 invested by Dragonfly, supports double-eat for multiple re-staking projects
2️⃣BTC ecosystem BounceBit: BTC native re-staking chain, seed round financing of 6 million US dollars, staking tokens to obtain points, open airdrops. Today's update is about to be listed on Binance
B² Network: Bitcoin Layer2, star institutional investment
Merlin Chain: Bitcoin Layer2, empowering the assets, protocols and user ecology of the first layer through the second layer
OKX launched merl, Binance launched bb, one company supports one
3️⃣SOL ecosystem Magic Eden: cross-chain NFT market, major investors: Electric Capital, Paradigm, Sequoia, etc.
Phoneix: limit order book DEX platform with financing of US$23.3 million
Drift: funded US$27.3 million, a decentralized perpetual contract exchange based on Solana, investment institutions Multicoin Capital, Polychain $BTC $ETH $SOL #比特币减半 #Megadrop #大盘走势
There is one day left before the BTC halving countdown. Let's review the past halvings.
45 days after the first halving, the bull market started.
102 days after the second halving, the bull market started.
145 days after the third halving, the bull market started.
After ? days after the fourth halving, the bull market started.
According to the previous bull market start, this time it is still expected to take 1-3 months.
We look back at the trend of the previous month after the halving, which is basically quite stable. The dealers are busy accumulating funds during this period. Can we also think that every flash drop is the dealer accumulating funds? The current highest decline is -𝟏𝟑%, and the largest increase is 𝟗%. There is no need to panic about the spot we hold. After the dealers have completed the accumulation of funds, should the bull market start? #比特币减半 #大盘走势 $BTC
In previous years, when wars broke out, market prices would fluctuate downward, but when the war situation stabilized or ended, market prices would rise explosively. You can compare the following two pictures, the trend of US stocks after the Gulf War in 1990, and the trend of S&P before and after the Iraq War in 2003 and 2011.
The night before yesterday, I communicated with a friend about the current market. My friend is currently bearish and suggested high-altitude trading. I have always been bullish and supported unilateral long positions since the bull market. Last night, I also replied to my friend that it is expected that there will be no decline at night. It did not fall at night. Who knew that there would be a big drop during the day. I thought that it would need to stabilize at 64 and then establish a confidence point of 66, and then continue to fall. At present, the market is still deviating from expectations, but I think it is not yet time to turn bearish, and it will continue to impact upward in the future. Intraday trading suggestions BTC long: Opening position: 60500-59500 Stop profit: 62200-63200
Just now, 16276 BTC were transferred from an unknown address to Binance Exchange, worth 1 billion US dollars. Everyone should pay attention to the risks. 1 billion will cost a lot at noon. $BTC
Previous Bitcoin halvings have continued to lead to a sharp rise in Bitcoin prices in the following 12 months
After the first halving, Bitcoin's price soared by more than 1,000%
After the second halving, Bitcoin's price rose by 200%
After the third halving, Bitcoin's price rose by more than 600%
Continuing the previous increase, according to the last bull market price, 200% is no problem, this year's bull market will be at least 100,000 BTC
The rise of each halving also shows that the BTC halving event can have a huge impact on the supply and demand dynamics and market pricing. Now the fourth halving is just around the corner. Compared with the past halving events, the market dynamics of BTC are now clearly mature, and the direct impact of new Bitcoin issuance on market prices may be reduced. This change is mainly affected by the increase in institutional demand and BTC ETFs.
Although miners add about 900 BTC to the market every day, Bitcoin ETFs often buy more BTC, which greatly affects the supply level and market liquidity. In the past, each halving was followed by an explosive surge, but this year is different because of the high involvement of institutions through ETFs, and the obvious differences in the activities of long-term investors and "smart money". The market situation is becoming more and more complicated, and risk control is now becoming particularly important. #比特币减半 #大盘走势 #新币挖矿 $BTC
On April 17, 2024, Bitcoin is about to usher in an important event - the Bitcoin halving, which is an event that takes place every four years and is intended to reduce the rewards for miners, thereby affecting the supply of Bitcoin. This event has attracted widespread attention and expectations in the cryptocurrency field, as it is widely expected that this cycle will drive Bitcoin prices up. This halving cycle is different from previous ones, triggering many unique drivers and price predictions.
Before April 17, 2024, Bitcoin had already risen sharply in the countdown to the halving, reaching an all-time high of more than $70,000. Experts believe that in addition to the halving event itself, there are other factors that will drive Bitcoin prices further up. The halving event will effectively reduce the supply of new Bitcoins, which usually triggers an increase in the value of Bitcoin because the reduction in supply may lead to an increase in demand.
Bitcoin's fourth halving will take place in late April, which will significantly reduce Bitcoin's inflation rate from 1.8% to 0.9%. This event has an important impact on the supply and demand relationship, which in turn determines the value of Bitcoin in the market. Miners earn Bitcoin by verifying transactions, and the halving event will reduce the number of Bitcoins they can earn daily by half, from the current 6.25 Bitcoins to 3.125 Bitcoins.
Musk's change of attitude is considered one of the reasons for the recent fluctuations in Bitcoin prices. Not long ago, Musk announced that Tesla would support Bitcoin payments, which pushed up Bitcoin prices. However, he then changed his position, which triggered fluctuations in Bitcoin prices again. This uncertainty in the market also adds some uncertainty to the future trend of Bitcoin.
In general, the Bitcoin halving event on April 17, 2024 has attracted great attention from investors and cryptocurrency enthusiasts around the world. People expect that this event will bring about an increase in Bitcoin prices and affect the development of the cryptocurrency market. Bitcoin's halving mechanism has a profound impact on the market, so investors need to pay close attention to this event and make corresponding investment decisions.
There are still four days before the halving. Last night, the daily line fell further and closed negative. Most of the altcoins have almost fallen to the point when the bull market started. Those who have chips can continue to increase their positions. Some t operations can also be performed during the day to reduce costs. Just pay attention to the direction of the one-hour line. Take out one-third to do t. You can also pay attention to the current popular leading currencies. Dragon One and Dragon Two can be appropriately bet on. There are also currencies that are currently more resistant to declines. At the beginning of the rebound, these will also stretch the fastest and most violently. Here are a few recommendations for you. Some are not on Binance. $ONDO, $POLYX : BlackRock, Cb Investment, RWA sector. $RNDR : Apple, Microsoft, Google invest in AI sector. $TRU: a16z Leading investment, low market value, almost fully circulated, many investment institutions, DEFI track
$PENDLE: Binance Incubator investment, connecting the trillion RWA market and multi-chain expansion #比特币减半 #大盘走势 #etf $POLYX $RNDR #TRUUSDT #PENDLE
#I don't know if you have studied the mechanism of the ENA project This is a currency that may be very extreme. Its economic model is very simple, which is to eat the funding rate through arbitrage. Simply put, perpetual contracts have a mechanism to make the price of the contract consistent with the spot. When the long position is greater than the short position, the long position will give the short position money; conversely, when the short position is greater than the long position, the short position will give the long position money. The ENA project assumes that 100 ETH are purchased and 100 ETH short orders are opened at the same time to hedge. In this way, no matter how the price changes, the total funds invested remain unchanged. As long as the market funding fee is positive, they can make profits continuously. The essence of this project is to scale this model, because it will be relatively troublesome to operate it yourself. However, now you only need to give them the money and they will help you automate it.
Compared with traditional arbitrage model projects, it cites innovations such as STETH and buffer period mechanism, which makes it lower than Luna and other projects. After understanding its economic model, it will be easy to understand this project. When the Ethereum market is good and the funding rate is always positive, the arbitrage mechanism will continuously eat the funding fee. The better the market, the more people go long, and the more the funding rate will be eaten. This is reflected in the price of the currency, that is, it can ignore all pressure levels and soar, spiraling up.
However, once the Ethereum market is not good, the funding rate is very low or even negative, it will not be able to make money through this model. Because at this time, the shorts pay the longs for funding, and the shorts will continue to suck blood from themselves and need to pay funds to the market. This is also the first time that Ena has negative income.
As long as it is not in a bear market, the value of ena will only ignore the upper pressure level and spiral up all the way $ETH $ENA
The Fed announced that the original three interest rate cuts would be reduced to one, which greatly reduced the expected interest rate cuts. The market was affected to a certain extent and responded with a decline. The three major U.S. stock indexes also plummeted collectively, with the Dow Jones Industrial Average plummeting by 1.24%, the Nasdaq by 1.62%, and the S&P by 1.45%. In addition, the BTC halving is imminent, and the original positives have become negatives. However, when the negatives are exhausted, the rise will still rise. The bullish thinking remains unchanged. Now is also the time to pick up cheap chips. If you didn’t pick them up during the previous decline, do you want to miss it now?
Many value coins have entered the bottom after two consecutive pins in the past two days. If you enter now, you will be trapped for a maximum of two months. You dare not enter when others are panicking. Do you wait until the price of the big cake is 80,000 or 100,000, and then you go to buy the bottom and be trapped for another four years?
In my previous article, I published several value coins that can be used now. Interested friends can now start to build a base position. Auntie Dabing can also hold a little appropriately. In May, a BTC ecological project will be launched, which can be pledged for airdrops. I will announce it to you in a few days. #比特币减半 #大盘走势 $BTC $ETH
In the current war and market turmoil, the price of Bitcoin almost fell below the psychologically important $60,000 mark. Following Iran's drone attack on Israel, the conflict between the two sides intensified, and the United States indicated that it would strengthen its support for Israel and may further intervene in this tense situation. As a result, the price of gold continued to rise, and many people transferred their funds to safe assets.
Because in the case of war and geopolitical tensions, the market may experience violent fluctuations, affecting investor sentiment. Safe haven assets such as virtual currencies and gold are usually favored by war and uncertainty, and price increases become a means of hedging risks. However, in this environment, high-risk cryptocurrency contract trading may bring huge losses.
It is recommended that everyone temporarily avoid participating in high-risk contract trading. Although the potential benefits of contract trading in the current market are huge, recent market fluctuations have caused many contract investors to shrink their assets overnight, and there is no need to take risks now. On the contrary, I suggest that you pay more attention to the allocation of the spot market now. The market decline also provides many copycats with buying opportunities. When you buy, other people's positions will recover their capital when the market rises in the future, and you have already made a profit. When others make a profit, you may have achieved the goal of turning over your position.
Here are some recommendations for the current spot market.
TIA: The rebound is quite fierce, 9.4 Buy order, position 5.5, target 12.8 ONDO: Current market price 0.76, can enter at current price, short-term target 0.85 ALT: Current market price 0.42, can enter at current price, target 0.69 ENA; Current market price 1.14, can enter at current price, long-term holding, short-term target 1.5 BOME: Current market price 0.0086, can enter at current price, medium-term holding to 1.2-1.4 is no problem, now has fallen to the opening price MAGIC: Current market price 0.8, can enter at current price, there will be good news on April 22, short-term holding to get around 1.2 $BTC #比特币减半 #大盘走势 #Meme #WIF