Although the big cake has retreated recently, it has not fallen below the rising trend line, and the possibility of a rebound is still relatively large.

At present, the bulls need to focus on whether the big cake can stand above 68,000, which will be an important signal to confirm the trend reversal.

The key support position of the current market is around 62,500, which is the moving average support position of the 5-day line, 120-day line, and 200-day line resonance, and it is also an important support line at the 4-hour level.

If the big cake can get support and stabilize at this position, the rebound trend will continue and continue to break upward
#大饼 #市场

Ethereum's recent market is very annoying. Ethereum has been fluctuating sideways for more than 2 weeks, and the amplitude is getting smaller and smaller. During the 2 weeks of sideways trading, our overall operation is still very good, and the profit is also considerable. The smaller the continuous amplitude is, the more difficult the operation is, because it is difficult to reach the complete profit point, but we cannot change the operation for a small profit. The operation method is still the same as before. The risk control that should be done must be done. It is okay not to make money, but there must not be a large loss, and the opportunity to participate in the market is retained.
The market is always up and down, and the market is always a cycle of fluctuations and no fluctuations. The sideways fluctuations for 2 weeks also mean that there is a high probability of a big market and big fluctuations in the future. Only if we continue to participate in the market will we not miss the trend.
#以太坊 #行情

The Bitcoin spot ETF had a total net inflow of US$39.425 million yesterday, continuing the net inflow for 5 days; the Ethereum spot ETF had a total net outflow of US$17.9688 million yesterday, continuing the net outflow for 5 days.
#市场 #以太坊

Today, all major varieties of Bitcoin soared collectively, with the increase exceeding 3% at one point, and the price came to around $61,000, which was nearly 20% higher than the lowest point on August 5. At the same time, the Asia-Pacific market also rose across the board in the early trading. Obviously, the prices of major global risk assets have ushered in some impetus.

Analysts believe that there are three main reasons:

First, the US dollar interest rate cut in September is basically confirmed. In the early morning of August 22, Beijing time, the minutes of the Federal Open Market Committee's meeting from July 30 to 31 showed that Federal Reserve officials strongly preferred to cut interest rates at the September policy meeting, and several officials even suggested an immediate rate cut.

Second, a staff member of the US presidential campaign team said that Harris intends to support measures that will help develop the cryptocurrency industry.

Third, Micro Strategy CEO Michael Saylor once again hinted through his latest tweet that there is a possibility of buying a large amount of Bitcoin.
#比特币 #市场分析

During the rising process, especially when experiencing continuous rise, if there is a sudden shrinkage and huge drop, should we run? We can analyze it in depth from the perspective of the dealer.

The price of the currency started to rise from the dealer's entry and shrinkage, which successfully attracted the followers of the leeks. After rising for several consecutive days, there was a sudden shrinkage and huge drop one day.

1. Market performance analysis

First, the shrinkage and large drop indicate that the selling orders are highly unified. So, is it possible that the high unity of the selling orders is that retail investors suddenly work together and sell at the same time? This possibility is very small. The sudden concerted efforts can only mean that the dealer deliberately did it.

2. Speculation of the dealer's intention

The dealer deliberately shorts, and its purpose is to confuse retail investors and prompt them to quickly throw away their chips. In this way, the dealer can pick up chips at a low level and prepare for the subsequent continued rise. On the other hand, if the market continues to fall after a sudden decline in volume, will the dealers rush to sell the large amount of money invested just to attract a small wave of retail investors after the start? In this case, the leeks cut are too few, so what is the dealer trying to do?

Therefore, during the rise, especially during continuous rise, if you suddenly encounter a large decline in volume, you should definitely not run. If there is still room for positions, you should even increase your positions at the low point of the market crash.
#市场 #比特币 #思路

In the field of currency circle, there are many routines, which can be said to be the most densely populated place. When personal experience is still insufficient, you must not rashly invest large sums of money. You can use small amounts of money that will not be too painful even if you lose it to participate in it, so as to ensure a stable mentality. Strictly follow the established plan, experience risks and possible losses with a small amount of money without additional funds, so as to gain experience in the routines of the currency circle. This is undoubtedly a very cost-effective way to spend money to buy experience.

In addition, the profit path of the currency circle is not only speculation. There are a lot of ways to explore. Generally speaking, the return is often proportional to the investment. I hope we can all seize this wave of dividends.

However, if you are staring at the market all day, thinking about the price all the time, and even can't sleep at night, then this behavior is mostly not investment, but gambling. This is by no means a good strategy, and it is difficult to get the desired results.
#比特币 #区块链

August 16 Bitcoin Market Analysis
In terms of macroeconomics, the U.S. retail sales monthly rate in July, known as the "horror data", recorded 1%, far exceeding expectations; the number of initial claims last week was slightly lower than expected, falling to the lowest level since July; after this data came out, the market's expectations for a U.S. recession have dropped significantly, but the probability of a 50 basis point rate cut in September has also dropped to 29%. The U.S. stock market is still strong, indicating that funds are still not worried about the deterioration of the macro environment. #市场

The US Ethereum spot ETF had a net outflow of US$39.2 million yesterday
Among them: BlackRock ETHA had a net inflow of US$800,000; Fidelity FETH had a net inflow of US$2.5 million; Grayscale ETHE had a net outflow of US$42.5 million.

The US Bitcoin spot ETF had a net inflow of US$11.1 million yesterday
Among them: Fidelity FBTC had a net inflow of US$16.2 million; Bitwise's BITB had a net inflow of US$6.2 million; Grayscale GBTC had a net outflow of US$25 million; Grayscale BTC had a net inflow of US$13.7 million
#比特币 #现货 #市场

Is it right to go all-in to buy the bottom when the market falls sharply?

Four major opportunities:

1. The end period after the market falls rapidly

2. Three or more small positive lines or cross stars appear after a large positive line

When the market has been falling for a long time, a large positive line with large volume can be closed in the recovery stage, and then three small positive lines or cross stars that continue to rise appear in succession. This kind of pattern indicates that the price at this time is very likely to rise in the subsequent market, so you can buy it immediately at this time.

3. Bottom volume limit

If there is a limit increase in volume at the bottom of the market, then this time, whether it is a short-term or a wave market, it will be a good buying position, so you can follow up immediately after the limit increase appears.

4. Buy when the moving average crosses upward

When the price has experienced a long-term sharp decline, if the market rebounds and rises, if there is a shrinking trend, then MA5, MA10 and MA40 will appear to converge, forming a golden cross market, and the market will show signs of attacking again, then this is the time to buy boldly. #比特币 #行情 #市场 #小白教学

The virtual currency market fell across the board. As of 15:35, Bitcoin fell 4.83% in 24 hours, and the price fell below $58,000. In addition, Ethereum fell to $2,609, a 24-hour drop of more than 4%, Dogecoin fell more than 3% in 24 hours, and Cardano and other currencies followed suit. #以太坊 #市场

According to Coinglass data on August 15, if Bitcoin falls below $57,000, the cumulative long order liquidation strength of mainstream CEX will reach 607 million. Conversely, if Bitcoin breaks through $59,000, the cumulative short order liquidation strength of mainstream CEX will reach 217 million. ​#比特币 #市场

Bitcoin has fallen 16% in the past 24 hours, falling below $50,000.
August 5
Affected by the global risk aversion sentiment, the crypto market has fallen sharply. Bitcoin has fallen 15.1% in 24 hours and is currently at $51,575. Ethereum has fallen 21.5% in 24 hours and is currently at $2,282. The market sentiment is 26, which is a state of panic. Ethereum has recorded the largest single-day drop since 2021, and the total network liquidation volume exceeds $880 million. #比特币 #以太坊

After Bitcoin fell to 62,300 early this morning, it seemed that it had turned bullish. It rebounded all the way to 65,700 before starting to look back.

Today, the short-term outlook is still bearish. The upper level is still focused on the resistance level of 65,000-65,500. It is expected to fluctuate in a small range during the day. The lower level focuses on the 63,000 support level. A second bottom dip is definitely necessary according to the trend. If it falls below, continue to look at 62000-61000.

The day's thinking is around 64400-64600, and the target is around 63000. #比特币 #思路

7.30:
Bitcoin market analysis: In terms of macroeconomics, the PCE data and core PCE data in June exceeded expectations by 0.1% year-on-year, but decreased by 0.1% compared with the previous value. Although it exceeded expectations, it can be seen that the inflation level has decreased, which is also the lowest level since March 2021. Yesterday, the mouthpiece of the Federal Reserve, Nick, bluntly stated that interest rate cuts are in sight. The current probability of a 25 basis point rate cut in September given by CME is 88.2%, and the probability of a 50 basis point rate cut is 11.5%. The maximum probability of three rate cuts before the end of the year is 60.1%. From a macro perspective, the fourth quarter is likely to be the spring of risky assets. #行情 #比特币

The first batch of ETFs in the United States that directly invest in Ether (ETH) successfully launched, with a trading volume of more than $500 million, showing strong market demand. Although the initial trading volume failed to compare with the $4.6 billion when the Bitcoin ETF was first launched, it still set one of the top 50 highest trading volumes in the history of US ETFs. In addition, market analysts are divided on the cash flow forecasts of the Ethereum ETF, with annual inflows expected to be between $3.2 billion and $6.4 billion. The adoption of Ethereum is also likely to be accelerated by investors' previous understanding of Bitcoin ETFs.
The first batch of US ETFs that directly invest in Ethereum performed strongly on the first day of trading, with a total trading volume of more than $1 billion.
BlackRock's iShares Ethereum Trust ETF traded $248 million in shares on the first day, making it one of the ETFs with the highest first-day trading in history. #比特币 #资金

Sol is a coin that needs attention. After the ETFs of Bitcoin and Ethereum are finished, it can still be hyped up.
However, for this coin, don't rely on its support and pressure to open orders, because it will break almost every time, but will stop you from losing almost every time.
Slerf is listed on Eurotrade, and speculation is fine.
Sloth is listed on Eurotrade, and Binance chooses Bome, this is balance.
Dogecoin should also be paid more attention. #比特币 #sol

7.20:
Today, the market has been oscillating. It can be seen that Bitcoin's small-scale stretch yesterday gradually fell back in the morning. Pay attention to the market. At the 4-hour level, you can control a wave, and the profit is not very large. Today, pay attention to the 67100 position. If it does not break, you can control the order to enter the market. The market fluctuates little during the day, so you can wait for a trend in the evening. Ethereum and Bitcoin are mainly high in the sky. #以太坊 #比特币

The biggest problem with the current market is the uncertainty of sustainability and the time of the ups and downs. When you are in a good situation, it will hit you hard. You think it is time to quit while you are ahead, and it will really reach the position you want. This is the operating rule of the big pie in the past four months. The ups and downs have changed from weekday evenings to daytime, and the weekends have fluctuated violently. This is also a problem that troubles many old leeks. It seems that relying on experience is not working, and it shakes each other's trading systems. To deal with such a situation, reducing leverage and extending the time cycle should be able to resolve it well. #比特币 #市场 #行情

Riot Platforms closed down 11.84%, Cipher Mining fell 11.5%, Stronghold fell more than 11.3%, CleanSpark fell about 10.5%, digital currency exchange Coinbase fell about 6.4%, popular broker Robinhood fell about 5.6%, two times long Bitcoin ETF fell more than 3.2%, "big Bitcoin holder" MicroStrategy Investment MSTR fell about 2.2%, and two times short Bitcoin ETF rose more than 3.3%. #比特币

Market trend:
BTC fell and failed to stand on the weekly line. After the popularity of on-chain coin, the market usually adjusts.
US stocks plummeted, hitting the biggest drop in a year.

1. Old games such as BNX, Alice, Dar, TLM, and Gods rose. BNX proposed to destroy 74% of tokens.
2. RPL, REX, and ETHFI, which are pledged by ETH, rebounded. SEC said that POS pledge of ETH ETF may turn around.
3. BTC inscription SATs rose, and the market value was close to ORDI. This round of 3 times is one of the best targets for rebound. #比特币趋势 #币圈