《The US Election Brings Uncertainty to Cryptocurrency Prices》

Anonymous cryptocurrency trader Crypto Rand pointed out that Kamala Harris's unclear stance on cryptocurrencies means that "uncertainty may be worse than opposition," and her policies, while possibly facilitating the industry, are unlikely to align with Trump's promises.

Although Trump hinted at firing the chairman of the SEC on his first day, his plans to encourage Bitcoin adoption remain unclear, and there is controversy over the pace of changes in government agencies and the Treasury. Therefore, regardless of the election outcome, investors believe that the momentum for pushing Bitcoin prices to new highs is limited.

The main reason for the differences in expectations for this US presidential election is people's focus on "digital assets" (including central bank digital currencies and tokenized assets, which are largely unrelated to Bitcoin), with the use of blockchain technology to digitize real assets having minimal impact on the overall demand for Bitcoin.

Analyzing the total open interest in Bitcoin futures is crucial to determine whether professional traders are reducing their exposure, and a sharp decline in this indicator signals unease about industry exposure.

Bloomberg mentioned that Trump's embrace of the digital asset industry during his campaign boosted cryptocurrency sentiment, but his broader priorities may temper this optimism.

Tony Sycamore, a market analyst at IG Australia Pty, stated that stock sell-offs, a rising dollar, and increasing yields indicate tightening financial conditions, which could lead to poor cryptocurrency performance in extreme scenarios, with the speed of implementing tightening policies being more critical. Caroline Mauron, co-founder of digital asset derivatives trading liquidity provider Orbit Markets, noted that a Trump victory could lead to higher yields, negatively impacting risk assets, but the expectation of softer regulation from the Trump administration on the cryptocurrency industry is a more significant factor. #美国大选后涨或跌？

PANews reported on November 3 that Dean Skurka, President and CEO of digital financial services company WonderFi, believes that interest rate cuts in Canada and the United States, along with the upcoming 2024 U.S. presidential election, will continue to drive Bitcoin prices higher in the next 6 to 24 months.

Skurka explained that the recent decision by the Bank of Canada to lower interest rates by 50 basis points, as well as the Federal Reserve's ongoing rate cut plan starting in September 2024, will encourage retail and institutional investors to enter the market or increase existing positions. "The signals of rate cuts and the idea that interest rates will not rise" are enough to keep investors optimistic in the short term before the capital injection brought by rate cuts enters the market—this usually takes place within 6 to 18 months after the announcement of rate cuts.

Skurka also emphasized that the upcoming 2024 U.S. presidential election is a major catalyst for Bitcoin prices. The cryptocurrency industry believes that a Trump victory would be beneficial for cryptocurrencies, while a Harris victory could cause short-term price shocks. However, regardless of who wins the 2024 presidential election, Bitcoin's long-term price is expected to rise, and due to the political pressure from industry advocacy groups, the regulatory environment in the U.S. is expected to change after the November election. These catalysts, along with significant inflows of Bitcoin ETF funds (indicating strong and sustained institutional interest), create a "very positive environment" for Bitcoin in the coming years.

#ETH🔥🔥🔥🔥 #合约爆仓
I didn't expect it to come down directly. If you have eaten it, deduct 1. If you haven't eaten it, please follow us. We will continue.

#ETH🔥🔥🔥🔥
$ETH If 3350 can't hold, let's meet around 3130

ETH continues to be short around 3380

Defense, 3440

Target, around 3320

Personal opinion, does not constitute investment advice. Please do your research before buying any cryptocurrency or investing in any service. Get more real-time strategy information and follow the homepage to avoid getting lost.

#SOL
$SOL could surge to $150 again.
Currently, the price is starting to show potential for a reversal after reaching the 200-day exponential moving average (EMA). A flattening trend is usually one of the first signs of an upcoming price reversal. However, caution is needed because in the medium term, $SOL is still in a downtrend.

Although $SOL has been steadily declining over the past few months, it may have recently turned around. The price has rebounded after hitting the 200 EMA (support), which shows that bullish momentum may be building.

The relative strength index (RSI) is currently in the oversold territory, approaching 35. This could mean that buyers are about to step in and the selling pressure is waning. The MACD histogram is also showing signs of a possible bullish crossover. Volume analysis indicates an increase in buying activity, which is good news for Solana.

Given the surge in volume, it seems that traders are starting to accumulate SOL at these lower price points. While these indicators are encouraging, I recognize the difficulties Solana may face in its recovery. These factors combined make it possible for Solana to have a significant price recovery in the future.

Personal opinions are for reference only and are not investment advice. For more strategic information, click to follow is my motivation to post

#ETH🔥🔥🔥🔥 #BTC☀ #合约爆仓

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#比特币 #市场分析 #投资策略 #市场动态
Bitcoin Price Trend Analysis: Critical Support Level Faces Threat

The recent price action of Bitcoin has made investors nervous. Despite the recent gains in Bitcoin, the break below $65,000 still highlights a critical threshold. According to the weekly chart, Bitcoin is oscillating around $64,000, which is a potential risk area. As the price of Bitcoin hovers below the key level, a downward trend may occur.

Bitcoin loses support and faces potential downside. Bitcoin has lost the intermediate support level of $66,500, and the support level of $64,000 is under significant threat. If Bitcoin wants to regain its upward momentum, it is crucial to regain $66,500, and then it is crucial to target the top of the range at $73,000.
Currently, Bitcoin is showing indecision and may be in a downward trend, with $64,000 being a key support level. A break above this level could send Bitcoin towards the bottom of the $60,000 range.

The current Bitcoin market situation is complex, with key support level threats and historical market dynamics particularly prominent. While short-term trends appear uncertain, we should remain patient and focus on fundamentals rather than short-term price fluctuations.
Personal opinions, for reference only, follow Sanzang, and share real-time work. $BTC

#BTC☀ #ETH🔥🔥🔥🔥
Still bearish today
BTC rebounds near 64400, short,
Defense 64800
Target 63800-63300

ETH3560-80 short
Defense 3600
Target 3460-80

Personal opinions are for reference only, read my articles for more strategy information

US spot Bitcoin ETFs reduced their holdings by a total of 2,012 Bitcoins on June 21
According to data monitored by Lookonchain, as of June 21, US spot Bitcoin ETFs reported the following reductions:
Fidelity: Reduced holdings by 787 Bitcoins, worth approximately $50.13 million. Currently holds 168,075 Bitcoins, worth approximately $10.7 billion.
Grayscale: Reduced holdings by 991 Bitcoins, worth approximately $63.15 million. Currently holds 279,330 Bitcoins, worth approximately $17.8 billion.
In total, 9 Bitcoin ETFs reduced their holdings by 2,012 Bitcoins on that day, with a total value of approximately $128.14 million.
#比特币 #ETF

#BTC☀ #ETH🔥🔥🔥🔥
From the daily level, the market closed with a negative again, and closed with a long upper lead, which shows that the bullish strength continues to weaken, the upper support level is increasingly difficult to break through, and the upward pressure continues to increase; it will be in a state of negative decline, and it is still treated with a short mindset during the day.
Big cake: 64900-65300 short, look at 64000
Auntie: 3520-3540 short, look at 3450

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#ETH合约

eth: bearish around 3580

Defense: 3600

Target: 3490-3520

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#合约爆仓
Remember: Ethereum spot ETF is about to be listed

At this anxious moment, please remember one big thing and one point of view.

One big thing: Ethereum spot ETF will be listed sooner or later, it's just a matter of time. As long as you can survive until that moment, you can catch up with another wave of crazy capital influx.

One point of view: Any market crash without substantial negative news is rogue.

Market analysis
At present, we have not seen any substantial negative news. At most, some analysts' bearish remarks or US interest rate cuts are delayed. However, in the past 24 hours, the entire network has exploded $318 million, of which $270 million is long orders and $48.1062 million is short orders. What is going on?

After analysis, we can only conclude that this is part of the dealer's profit-taking and deep wash. Such operation methods are not uncommon in the market, especially in the absence of major negative news.

Data analysis
According to Coinglass data on June 18, the entire network had a liquidation of $318 million in the past 24 hours, of which long orders had a liquidation of $270 million and short orders had a liquidation of $48.1062 million.

Summary
Please remember that the listing of the Ethereum spot ETF is only a matter of time, and short-term market fluctuations are normal. Any market crash without substantial negative factors is a short-term market behavior. Don't be confused by short-term fluctuations and stick to the belief of long-term investment.

Position control does not work, stop loss does not work, and adding positions does not work. If you lose, you will not be able to hold on to your wins. You can't make money at all. Pay attention to + contract real-time strategy sharing, don't be a hindsight, and you can get into the community for free
#以太坊 #市场分析 #投资策略 #加密货币

Judging from the current market trend, Bitcoin (Bread) has begun to fluctuate downward on the 30-minute chart, and the 30-minute moving average may also enter the dead cross pattern again, which indicates that it may continue to weaken. In the short term, Bitcoin continues to be under pressure at the midnight rebound high of 67250, and you can boldly short below this position!
If the direction is right, you are not afraid of the long road. Multiple rebounds are high and fall back, so continue to short. If the direction is wrong, the effort will be in vain; if the direction is right, you will get twice the result with half the effort. Short-term pressure continues, and it is still in the stage of falling relay, so continue to short!
Bitcoin morning idea: short at the rebound to the 65850-66350 range, and the target is 64000-63500 range!
Ethereum morning idea: short at the rebound to the 3480-3520 range, and the target is 3350-3300 range! #BTC☀ #ETH🔥🔥🔥🔥

Technical analysis of the evening market: BTC and ETH range-bound, operation suggestions

The market has been in a range-bound stage recently, and the trends of BTC and ETH have not shown obvious breakthroughs. The specific situation is as follows:

BTC (Bitcoin): It did not break through 70,000 above, nor did it hit a new low below, and did not fall below 65,000.

ETH (Ethereum): It did not stand firm at 3,650 above, and did not fall below 3,350 below.

In the morning, we shorted in the 66,700-67,000 area, and fell to around 66,000 at the lowest, gaining 700 points of space.

The following is the follow-up ideas and technical analysis for the evening.

Technical structure analysis

The market showed a roller coaster-like rhythm, with a wide range of saws in a small cycle. After the price dived to the 65,000 area at a high level, it gradually warmed up. Although the short-selling volume has changed, it has not been released significantly. The moving average trend has turned, but the release force is limited, showing a preliminary reversal of the roundabout trend.

Short-term rhythm: After the running channel opens downward, the price drops to the 65,000 area and stops, and then there are signs of recovery. The short volume is reduced, and the moving average begins to turn upward after being released downward. The current warming trend has already appeared. Next, we are optimistic about the rebound trend.
Bitcoin operation suggestions
Operation suggestions: Go long directly around 66,000, and the target is 66,700-67,700.
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#加密货币 #比特币 #以太坊 #技术分析 #交易策略

#合约挑战 #合约带单 #ordi​​​

48 nearby

Defense: 46

Target: 49-51

Bitcoin has been fluctuating in the range of 66,000 to 70,000 for a week, and has experienced multiple reversals during this period. Every time it seems to be about to break through, those who chase it often encounter the ceiling or floor. I believe that many people have suffered losses at these turning points. Now, calmly judge the market momentum, it is not extremely strong or weak, and it is still in a state of oscillation. For those who are trapped, you can be more patient, and the release will be in the near future.

In the past two days, the market has continued to oscillate in the box, and the overall market has not been able to get out of the 66,000 to 69,000 area. Although there was a tentative breakthrough overnight, it quickly fell back and still meandered within the range. The 4-hour level signal is weak, there are signs of adjustment, and the downward momentum may be repeated. Therefore, try to operate at both ends as much as possible, and it is difficult to grasp the entry in the middle position. Wait for more signals and wait patiently for a better entry opportunity.

At present, the overnight rebound high is in the 68,000 to 68,500 area, but it failed to continue and quickly fell back to around 66,000. At this stage, the pattern is in adjustment, but the overall rhythm is still in the box. Neither the longs nor the shorts have shown strong persistence. As long as the support level is not broken, you can continue to hold long orders and enter the market.

Friday morning operation ideas: Go long in the 66,000 to 66,500 area, with a target of 68,000 to 69,000.
Ethereum synchronizes the ideas, locks in the points, and does a good job of defense.
#美联储何时降息？ #BTC☀ #ETH

#BTC☀ Recently, the volatility of the big cake market has been as thrilling as a roller coaster, and the amplitude of the back-and-forth oscillation is staggering. Although the market space is still considerable, if we don't grasp the rhythm well, we may fall into the embarrassing situation of being attacked from both sides. Therefore, we must be extremely cautious when entering the market to avoid going with the flow and blindly following the trend. Only those with independent thinking can stand out in this market and find their own piece of heaven.
In the current market environment, it is particularly important to formulate clear and clear operational ideas.
Regarding Friday's intraday operations, I think it can be analyzed from the following aspects:

Key support level 66000: This is an important psychological barrier and technical support level. If the price can stabilize and rebound here, there may be a wave of upward opportunities in the short term. Therefore, we can pay attention to its performance when the price approaches 66000. If there is an obvious support signal, we can consider short-term long positions, with the target at 68000.

Trend-following short strategy: If the price fails to hold 66000 and shows signs of continued decline, it indicates that market sentiment is biased towards short positions. At this time, we can follow the trend and go short, with the target at 65,000. Such operations require close attention to intraday trends, ensuring that stop losses are set near key positions to avoid unnecessary losses due to excessive market fluctuations.

Short-term rebound opportunities: During market adjustments, there are often short-term rebound opportunities. We can use these short-term opportunities to gain certain profits. In terms of specific operations, when the price approaches 66,000 and stabilizes, we can go long on dips, with the stop-profit target set at 68,000. If the rebound is not as strong as expected, we must stop profit and leave the market in time to avoid losses caused by greed.

Risk management: Regardless of the operation strategy adopted, risk management is always the primary consideration. When going long or short, we must set reasonable stop-loss points to ensure that we can stop losses in time and protect the principal when the market trend is unfavorable.

In short, in the face of the drastic fluctuations in the big cake market, we need to remain calm and respond flexibly. By paying attention to and analyzing key points, combining market sentiment and technical signals, and formulating a reasonable operation plan, we can seize opportunities in a volatile market and achieve steady returns.

The largest wave of crypto-related IPOs in history may occur in the next year and a half

With the increasing acceptance of major cryptocurrencies such as Bitcoin and Ethereum, more companies and investors have a deeper understanding and confidence in crypto technology and related markets. This provides a good market environment for related companies.

Many countries and regions are formulating and improving regulatory policies for cryptocurrencies and blockchain technology, providing a clearer legal framework and reducing the legal risks of companies conducting IPOs.

Wide application of blockchain technology: The application of blockchain technology in many fields such as finance, supply chain management, and medical health is constantly expanding, giving related companies more development opportunities and market demand.

The capital market has shown great interest in emerging technology companies, especially those with high growth potential. As one of the representatives of emerging technologies, crypto technology companies have attracted a lot of venture capital and capital attention.

Previously successfully listed crypto-related companies, such as Coinbase, have proven the profit potential and market acceptance of crypto technology companies, setting an example for subsequent companies.

Large-scale IPOs may bring market volatility, and investors need to respond with caution.

More capital investment and market attention may accelerate the innovation and application promotion of blockchain and crypto technology.

As more companies enter the market, competition within the industry may intensify, prompting companies to improve their technology and service quality.

Although there are uncertainties in the future, it is foreseeable that as technology and markets continue to develop, the IPO wave of crypto-related companies will become an important part of the capital market, providing investors with new opportunities and challenges.

$BTC , $ETH , $BNB : Get ready for an exciting few months ahead!

1. Bitcoin (BTC)
Market Analysis
Technical Breakthrough: Bitcoin has had strong recent price performance, breaking through multiple technical resistance levels. Technical analysis suggests that Bitcoin could continue to rise, especially after breaking through the $70,000 mark.
Institutional Investment: Institutional investors are increasingly interested in Bitcoin, with large companies such as MicroStrategy and Tesla holding large amounts of Bitcoin, which has boosted market confidence (CoinMarketCap).
Potential Catalysts
Macroeconomic Factors: Macroeconomic factors such as inflation and a depreciating dollar may continue to drive demand for Bitcoin as a safe-haven asset.
Regulatory Trends: Despite the increasingly stringent regulatory environment, the market remains generally optimistic about Bitcoin's long-term prospects, especially as several countries around the world begin to recognize and accept Bitcoin as a legal means of payment.
2. Ethereum (ETH)
Market Analysis
Technical Upgrade: The Ethereum 2.0 upgrade is underway and is expected to be completed in the coming months. This will increase the efficiency and scalability of the network and reduce transaction fees.
DeFi and NFT boom: Ethereum, as the leading platform for decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, has seen increasing demand and usage.
Potential catalysts
Smart contracts: Ethereum’s dominance in smart contracts gives it great potential in multiple emerging areas such as decentralized applications and NFT markets.
Ecosystem development: An increasing number of projects are being built on Ethereum, further enhancing its network effect and value.
3. Binance Coin (BNB)
Market analysis
Binance ecosystem: As the native token of the Binance exchange, BNB’s multiple uses in the Binance ecosystem, such as trading fee discounts, decentralized exchanges, and applications on Binance Smart Chain, have boosted its demand.
Market performance: BNB’s price has performed strongly over the past year, thanks to the continued growth of the Binance exchange and the diverse applications of BNB.
Potential catalysts
New features and applications: Binance continues to launch new features and services, such as BNB’s application on Binance Smart Chain and new DeFi projects, which have driven demand for BNB.
Global Expansion: As Binance Exchange expands around the world, BNB usage and demand continues to grow​