In July 2024, the market seems to have bottomed out, heralding an excellent investment opportunity. Understanding and following the bull-bear cycle of the cryptocurrency market can provide investors with a clear direction. Once you master this rhythm, investment decisions will be more solid, and all that remains is a firm belief in the industry.
For the strategic planning in the second half of 2024, we may be able to imagine it like this:
1. **Focus on Bitcoin (BTC)**: Assuming that the Federal Reserve takes interest rate cuts, this may be a signal to buy the bottom of Bitcoin. Hold Bitcoin until it breaks through the high of $74,000 set in early 2024, because only when Bitcoin shows strong upward momentum can the arrival of a large-scale bull market be confirmed.
2. **Diversify your portfolio**: Once Bitcoin reaches $100,000, consider gradually reducing holdings and diversifying funds into Ethereum (ETH), artificial intelligence (AI) related projects, Layer 2 solutions, on-chain games, real world assets (RWA), staking services, and meme coins, but be selective and only invest in high-quality tokens with potential.
3. **Forecasting market cycles**: It is expected that by the end of 2025, it is necessary to keenly capture the signs of market peaking, short Bitcoin in time or choose to exit the market to enjoy the benefits. If the macro environment turns to US dollar interest rate hikes and tight monetary policy, this will usually have a negative impact on risk assets including Bitcoin. Historical trends tend to repeat themselves, which is a permanent law.
The above strategies are purely hypothetical in nature, and actual market behavior may be affected by a variety of factors, including but not limited to regulatory changes, macroeconomic conditions, technological developments, and market sentiment. Before making any investment decisions, be sure to conduct sufficient research and risk assessment.
Bitcoin’s price correction after hitting around $65,000 can be attributed to it hitting the middle of the weekly Bollinger Band, which is often seen as a key technical resistance level. In the short term, the market seems to lack the momentum to break through this level immediately, as not only Bitcoin, but also other cryptocurrencies on the weekly chart have not shown signs of surpassing the middle of their respective Bollinger Bands. In this case, we may see one or more retracements, which is the process of prices retesting support levels.
If Bitcoin does undergo a third retracement and the price falls back to around $54,000, it may provide an ideal entry point for investors to consider establishing a 50% position or even a full position. However, if market sentiment is extremely pessimistic and the price falls further and hits new lows, Bitcoin may fall below $50,000, which would be an extremely aggressive buying opportunity, the so-called “all-in” price.
It is worth noting that although there is a possibility that the price will bottom out at $42,888, the probability of this scenario is low, and even if it occurs, the market may rebound quickly. Therefore, when the market falls again, investors should seize the opportunity, as this may be the last wave of entry opportunities to participate in the potential bull market in the future.
Please understand that the above analysis is not an investment advice. Before making any investment decision, it is strongly recommended to conduct in-depth research and evaluate the potential risks. For non-professional investors, paying attention to Fuhai Xiangyun will bring multiple values: 1. **Intelligent big data robot real-time information**: Talk with GPT intelligently about the latest developments in the crypto market. 2. **Wealth password sharing**: Always online colloquialism provides easy-to-understand investment strategies. 3. **Bull market layout**: Guide how to build positions at the bottom of the market and exit at the top. 4. **Market analysis**: Interpret market trends and predict short-term trends. 5. **Trading knowledge**: Share trading skills and market wisdom. 6. **Strong reference**: Provide investment decision support and help achieve investment goals. As a blogger dedicated to helping investors succeed in the crypto world, his goal is to lead followers to avoid investment traps and pursue wealth freedom together.
The financial market has received a piece of heavy news, and the expectation of a U.S. interest rate cut in September is almost a foregone conclusion. [Key economic indicators released] Important economic indicators released in the United States in the evening revealed new clues about economic dynamics. Business inventories in May reached a monthly rate of 0.5%, exceeding expectations of 0.4%, marking the largest increase since August 2022. In contrast, the NAHB housing market index fell to 42 in July, below expectations of 43, and also hit its lowest point since December 2023. The release of the two data had a positive impact on the precious metals market. [Interest rate cut expectations are rising across the board] CME Group's FedWatch tool data shows that the probability that the Federal Reserve will lower the federal funds rate target range from the current 5.25% to 5.5% to 5% to 5.25% in September has climbed to 93.3%. Some market participants even predict that interest rate cuts may be initiated as early as the interest rate meeting at the end of July and implemented again at the subsequent September meeting. The expected probability of a rate cut in September has surged to 100%, significantly higher than the 70% level a month ago. The key to the turning point lies in the U.S. Consumer Price Index (CPI) in June. This data showed that the price level dropped by 0.1% month-on-month, and the year-on-year growth rate dropped to 3%, the lowest in the past three years. Federal Reserve Chairman Powell's recent remarks have further strengthened market expectations. He pointed out that due to the lag in policy effects, the Fed does not need to wait until inflation returns to the 2% target before taking action, but needs to have greater confidence in the benign trend of the inflation path. [Institutions call for seizing the opportunity] Jan Hatzius, chief economist of Goldman Sachs Group, suggested in a research report on July 15 that given the latest unemployment and inflation data, the Federal Reserve should consider cutting interest rates at its policy meeting at the end of July. Hatzius analyzed that the appropriate federal funds rate should be 4%, significantly lower than the current level of 5.25% to 5.5%. Combined with encouraging June CPI data and Chairman Powell’s testimony to Congress last week, Hatzius predicts that the rate cutting cycle is about to begin. Please note that the above content is for information sharing only and does not serve as any financial or investment advice. Independent professional advice should be sought when making any investment decision.
In mid-July 2024, Bitcoin has shown amazing market vitality, with the price jumping above $64,000, a year-to-date increase of nearly 90%, and a market value of more than $1 trillion. Faced with such rapid growth, a core question has surfaced: Where will Bitcoin go in the future?
Robert Kiyosaki, a financial educator and best-selling author, made a bold prediction, claiming that the price of a single Bitcoin could soar to $10 million. His arguments, as well as those from experts in other fields, paint a future picture of Bitcoin's prospects.
Kiyosaki's prediction is based on concerns about the health of the US fiscal system. The United States currently has a huge debt of nearly $35 trillion, and about 16% of the federal budget is used to pay interest on the debt. The debt continues to grow and there is no sign of slowing down, which makes Kiyosaki and other Bitcoin advocates worry that the government may be forced to continue to issue more money.
If the government chooses to print money, the actual value of each unit of currency will shrink due to inflation, and the prices of goods and services will rise accordingly. Historical examples, such as hyperinflation in Germany and Zimbabwe, warn of the consequences of a loss of confidence in a currency. Kiyosaki believes that the US debt crisis will eventually lead to a collapse in the value of the US dollar, and with it, turmoil in asset markets.
Against this backdrop, Kiyosaki predicts that from the end of 2025, capital will be withdrawn from the US dollar on a large scale and shifted to more stable assets, including gold, silver and Bitcoin. He firmly believes that in this reshuffle of currencies and assets, the price of Bitcoin will "easily" climb to $10 million per coin.
It is worth noting that even though the price of Bitcoin fluctuates, the buying behavior of institutional investors has not slowed down, but instead suggests positive inflows of funds into spot exchange-traded funds (ETFs). Bitcoin, as a new asset in the digital age, is gradually being seen as a safe-haven tool on par with gold and silver.
WLD's price fluctuations seem to be closely related to the overall market trend, and its rise is mainly due to the recovery of the broader market. As a popular cryptocurrency in the field of AI, WLD has a more attractive story background, which keeps it popular among investors. However, if you are considering investing in WLD, you should be aware that starting from July 24, 2024, the token will face a large-scale linear unlocking period. Specifically, about 6.62 million WLD will be released to the market every day, which is equivalent to a value of about 18 million US dollars. This unlocking process will last for 730 days, and the unlocking parts involved include community shares, holdings of the initial development team, and shares of early investors.
Therefore, before making an investment decision, it is important to consider the impact that these upcoming unlocked tokens may have on the market supply and price of WLD. In the cryptocurrency market, large-scale unlocking often leads to short-term pressure on token prices, because the newly added circulation may exceed market demand, resulting in a price drop. Therefore, even if you are optimistic about the prospects of WLD, you need to carefully evaluate this potential risk.
In this round, we observe that it will last for a long time without any disturbance, which is obviously different from the previous cycles. The huge capital will be the first to make a name for itself, and the abundance of venture capital treasury is enough to nourish new initiatives. However, if you want to make the wealth go to a higher level, you must wait for the new buyers to help. Although there are many trading funds, it is difficult to add color to other currencies without real money on the chain.
The market's currency will undoubtedly lead the rise, and the "Spring of Miscellaneous Currencies" is a thing of the past. I expect that in this round, the giants will dominate, and the long-tailed things will fluctuate and increase the danger. Many leaders may join the ranks of institutions and share the honor. Compared with the past, the insignificant or newborn promises will mostly return in defeat, because the competition is fierce and capital is everywhere. Therefore, the discussion of the long tail, investment and performance are very different.
Choosing the best and sticking to it is the most important thing. At this time, the strategy of selecting production is more important than Mount Tai. The old method of "wide planting and thin harvest" is no longer appropriate. Supply exceeds demand, and the eyes of the world are almost as important as the original business, and even in some areas, they are even more important. Investors should think carefully and distinguish clearly, specialize in seeds and A-wheels, and work hard to make a profit.
Many people need a powerful system to organize the massive amount of cryptocurrency knowledge and technology they want to sort out, so as to avoid pitfalls on the road to value-added
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老李财经
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Bullish
Although I am rich now, no one around me knows it, and I don't plan to tell them. Why? Because human nature is deeply rooted in our hearts and even penetrates into our bones. I have been trading in the cryptocurrency circle for almost ten years. My parents only know that I am starting a business outside, but they don't know what specific industry I am in. When I went home for the New Year, I only wore a camouflage coat. When relatives and friends in the village asked me what job I did outside and how much money I could make a month, I said that I was doing sales outside, about 8,000 a month. At this time, you can observe their expressions and infer their family's monthly income. If their smiles decrease and they are no longer as happy as before, then you can guess that no one in their family earns 8,000 a month. If they show a disdainful expression on their faces, it means that someone in their family earns more than 8,000 a month. I grew up in this environment full of comparisons. When I was a child, I compared my studies and heights. When I grew up, I compared my salary and property. But for novices who have just entered the cryptocurrency circle, what should they do? First of all, they should systematically learn a complete trading system, because it is very difficult to learn by themselves without guidance. If everyone can master knowledge through self-study, then what is the role of teachers? Teachers are more like boosters on the road of learning. They can help you go further, but you still need to go more by yourself. If you are a pure novice, and you want to rush into the currency circle when you see BTC hit a record high before, then I suggest you pay attention to me first, learn the knowledge of the currency circle with me, and make up for your basic skills. Only by laying a good foundation can you go further. #NOT #BONK #BTC #IO #ETH🔥🔥🔥🔥 🔥 🔥🔥🔥
Two core principles are essential in building wealth and success:
The first principle is **Opportunity**. This means being able to quickly identify and seize opportunities when they arise. In a fast-moving market, opportunities are often fleeting, so keen insight and decisive decision-making are the keys to success. For example, one investor entered the market with an initial capital of $200,000 in early 2019 and achieved a tenfold increase in funds over the next two years through a precise investment strategy. Despite the volatile market and various temptations during this period, he focused on his goals and ultimately achieved a tenfold increase in assets in three years.
The second principle is **Stick to results and manage steadily**. Once initial success is achieved, it becomes equally important to maintain and expand the results. In the above case, the investor not only made a tenfold profit in the first stage, but also achieved a tenfold increase in funds again in the next year and a half, bringing the total return to an astonishing $100 million. This proves that firmly guarding the results and continuing to invest on this basis can bring exponential returns.
However, the road to success is not smooth. Even during the market adjustment period, although the investor's income did not see significant growth, and even declined from the peak, he did not suffer major losses. This stable performance precisely reflects the importance of perseverance. In the face of market uncertainty, being able to stand firm and avoid unnecessary risks can ensure that when the next round of opportunities comes, there will be enough capital to seize it, thereby achieving compound growth of wealth.
Whether it is investment or the pursuit of success in any field, seizing opportunities and sticking to results are both dual-track paths to compound growth. The former tests personal insight and courage, while the latter demonstrates wisdom and patience. Only with both can every drop of sweat turn into a huge achievement like a snowball in the long river of time.
In the long journey of the cryptocurrency circle, 99% of the time may be dull, even full of challenges and uncertainties, but it is the 1% of brilliant moments that define the dreams and realities of countless investors. Many people are deeply trapped in the quagmire of daily fluctuations, trying to find fleeting opportunities in small twists and turns, but often ignore the decisive key moment.
Real wise men will not be confused by daily trivialities. They know how to wait and observe patiently until the 1% opportunity comes. At these moments, every decision may become a turning point to change their destiny. From the perspective of investment, the usual small advantages may not be enough to guarantee success, but accurate judgment and decisive action at critical moments can bring real gains.
In-depth study of market dynamics, identify those opportunities driven by rationality, when most people are swayed by emotions, it is the best time for wise men to take action. By accurately capturing and taking advantage of the emotional fluctuations of others, wise men can gain the upper hand in this game and achieve their investment goals. If you can confirm the trend, it is the "ultimate strategy" to success in cryptocurrency investment.
Revelation of the Cryptocurrency Circle: Smart Investment and the Path to Continuous Growth
A few years ago, a joke about the cryptocurrency circle was widely circulated. It depicted a scene in which investors dreamed of getting rich and then escaping the cryptocurrency circle, while the main force responded coldly: "No one can leave until they have lost all their money." Many people used to regard this as a joke, but in my opinion, this joke actually exposes the shallow understanding of the cryptocurrency circle. In fact, the cryptocurrency circle is far from a zero-sum game. It is a field full of opportunities and challenges. The key lies in how to participate in it wisely.
**1. Investment mentality and goal setting**
The cryptocurrency circle is indeed a market full of variables, but this does not mean that it can only bring a tragic ending. Successful investors will not only focus on short-term wealth, but will formulate long-term investment strategies, focusing on asset allocation and risk management. They understand that the real goal is not to accumulate wealth overnight, but to achieve steady financial growth through continuous learning and practice.
**2. Education and growth**
In the cryptocurrency circle, continuous self-improvement is crucial. Those investors who can survive and make profits for a long time often have a deep knowledge base and keen market insight. They continue to learn about blockchain technology, the working mechanism of cryptocurrencies, and the dynamics of global financial markets to guide their investment decisions.
**3. Community and Network**
The cryptocurrency circle is not just a trading place, it is also a community of like-minded people. Here, investors can share insights, exchange experiences, and even form partnerships. A strong network can not only provide valuable information resources, but also provide support and encouragement in difficult times.
Pay close attention to the US CPI data to be released tonight at 20:30, which is crucial to understanding the direction of the Fed's subsequent monetary policy, especially whether to continue to raise interest rates or turn to lower interest rates. The cryptocurrency market is particularly sensitive to such macroeconomic data because they directly affect global capital flows, which in turn affect the price trend of digital assets.
The impact of the Fed's monetary policy, especially the interest rate hike cycle, on cryptocurrencies cannot be underestimated. When the Fed raises interest rates, it usually attracts capital to US dollar assets, and cryptocurrencies may face selling pressure, causing prices to fall. Conversely, if the Fed turns to lower interest rates, the increase in liquidity in the market may stimulate investment demand for risky assets, including cryptocurrencies, and push up their prices.
Recently, despite the many uncertainties experienced by global financial markets, the cryptocurrency market has shown resilience. The price fluctuations of mainstream cryptocurrencies such as Bitcoin and Ethereum reflect investors' expectations of the macroeconomic situation and their confidence in the long-term potential of blockchain technology. However, the uniqueness of the cryptocurrency market lies in its high volatility and sensitivity to innovative technologies, such as the rise of decentralized finance (DeFi), NFTs (non-fungible tokens) and Web3 concepts.
The future trend of cryptocurrencies depends largely on the monetary policies of major economies around the world, especially the actions of the Federal Reserve. If the Fed cuts interest rates, it may trigger a new wave of capital inflows into the cryptocurrency market, pushing up asset prices. But for China, this may mean the easing of capital controls and exchange rate pressures, creating a more friendly environment for domestic blockchain and cryptocurrency-related projects. Will the Fed change its hawkish stance and turn to rate cuts in the short term? At present, it is unlikely, unless the US economic data deteriorates significantly, forcing the Fed to adjust its policy stance. In this case, the cryptocurrency market may usher in a major turning point, especially for projects that can prove their practical application value and technological innovation capabilities.