Needless to say, the big level is still bullish and the historical highs are still expected.
Especially the copycats, most of them are at the bottom area of ​​the weekly level, and many are ready to break through at any time. Once they break through, they will rise at a super-large level.
The main force is so bullish that the big cake has only fallen by 20%+, but the copycats have far exceeded the normal adjustment ratio of the big cake, extinguishing everyone's dreams, and then forcibly pulling you up by an excessive amount in the future, forcibly igniting your dreams again.
I don't know how many people have quietly left this market, especially those who opened copycat leverage, they must have completely left in the past few months.

#BTC☀

昨天CPI发布利好 部分大户还是惯性利好砸盘想出货 没想到深V反转，把自己给甩飞了 ,上周做空或者割肉的大腿拍断 ,美联储第一次降息之前的所有重要经济数据已经发布 ,结论是通胀持续降温，经济可能衰退，必须降息不可 下周四，9月19号凌晨2:00，美联储议息决议 会决定到底是降息25基点还是50基点 此外，今年还可能会有两次降息 拿稳手里的优质资产。

昨天提醒了兄弟们， 大的要来了， 这波反弹一定要在车上 BNB马上突破$550，CZ要出狱回到$600没有问题 其他建议持有币种： FTM，又回到$0.5了，项目方实力强，目标看$0.9 CHR，长线目标$1，各项生态正在发展中，主打游戏公链，对标IMX Matic换币为POL，跟着BTC反弹 STX，月底升级完成，大的还没有来，继续持有 Poeple，美国大选概念，可能还有一波 Klay和Astr，韩国和日本国民链 。

AI板块马上也要有一波大利好，ARKM FET LPT可以多关注。#BTC☀

#BTC☀

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Daily Digital Currency Dynamics Summary (2024-09-11)

1. The total transaction volume of 11 US spot Bitcoin ETFs reached US$711 million, the third lowest level since its launch.
2. Macro factors pushed the correlation between Bitcoin and S&P 500 to a 23-month high.
3. Bitwise CIO: Cryptocurrency will rise sharply as macro uncertainty in Q4 subsides.
4. Beijing police cracked a case of underground money transfer using virtual currency, involving more than 800 million yuan.
5. FBI: US cryptocurrency-related security losses exceeded US$5.6 billion in 2023.
6. K33 Research report: Funding rate indicators indicate that the market will bottom out and rebound in the coming weeks.
7. The US SEC has imposed a fine of US$7.4 billion on the cryptocurrency industry since 2013.
8. Ethereum chain stablecoin transaction volume reached a record high of 1.46 trillion US dollars.
9. Saxo Bank: The impact of the US election on the market may exceed monetary policy.
10. Paypal and Venmo integrate Ethereum domain name service ENS to support encrypted payments.
11. a16z plans to hold HACK UK hackathon next month, which will focus on topics such as blockchain and digital identity.
12. State Street Global Advisors launched three digital assets and disruptive technology ETFs.
13. Victory Securities: Bitcoin may continue to fluctuate due to the decline of US stocks, but virtual assets are still resilient in the market
14. The transaction volume of Bitcoin in the first 8 months reached 2.874 trillion US dollars, exceeding the transaction volume during the bull market in 2021.
15. Viewpoint: BTC has exceeded the US stock market in terms of trading time since the decoupling of the US dollar and gold.

A few days ago, I reminded everyone that the short-term high-altitude market must be smashed before the CPI data is released in the evening. You can buy on dips. Now it is almost at the key support level. Therefore, the positive realization of people and fet is negative, so you don’t have to choose.
Another one is luna. The consensus of Koreans is still OK. In fact, you can still ambush before the Mid-Autumn Festival.

#BTC☀

After breaking through the 57300 horizontal resistance level, Bitcoin once again tried to break through the downward trend line, but was suppressed by the bears. The 4H closed with a long upper shadow line, and the bulls were insufficient. It is likely to return to around 55800 to form a new range and then try to break through. At present, if the 4H is not going well, you can short-term high-altitude, and long-term is still long.

#BTC走势分析

If there are no bull-bear cycles and large copycat markets in the cryptocurrency world, I estimate that many people will quit the circle. The wealth effect and cost-effectiveness are not as good as those of US stocks. All copycats can die. The risks are greater than the benefits. They will definitely play the big pie. If the cryptocurrency world is just the big pie, then there is no need to play.

#BTC☀

On the daily chart of Bitcoin, the support in front has been supported, and the pattern has not been denied, but it still needs to fluctuate. This range has been fluctuating for a long time, longer than the bull market in previous years, but the longer it stays sideways, the more violent the pull and smash will be. It is better to pay more attention to this flag pattern. On the hourly chart, if 54800 is broken, we can see the position of 57300. For small coins, you can look at the inscription coins that have performed well recently.

#BTC☀

The daily line of 54,000 is the position where bulls are willing to buy. The last time the U.S. circuit breaker hyped up the economic recession, it also hit 48,000 and then rebounded quickly at night. If the real body falls below this, it means that the bull flags on the daily and weekly lines are not valid, and you can escape. #BTC走势分析

How to Identify False Breakouts in Trading

Trading is a challenging and psychological activity. It is crucial to identify and avoid false breakouts, as they can lead to huge losses. However, savvy traders can learn how to identify these situations.

Identifying False Breakouts
1. Quick Reversal: If the price reverses immediately after breaking through a key level, this is likely a sign of a false breakout.

2. Low Volume: True breakouts are often accompanied by high volume. Low volume during the breakout period may mean that a false breakout has occurred, and a breakout without volume is just a hooligan.

3. Key Levels: False breakouts often occur near major support or resistance levels. If the price breaks through these levels but fails to hold, be vigilant.

#BTC☀

You think you are going to go short, you go short, and then he gives you a big positive line.
The market is full of good news, everyone says it will explode, you go long, and the next day there is a big waterfall, which makes you doubt your life.
New leeks are harvested over and over again. You say you don't want to play anymore?
I don't believe it.

#BTC☀

Looking back over the past few years, there are so many opportunities in the cryptocurrency circle. It is really a paradise for making a small fortune. As long as you are still alive in this market, 1 year, 2 years, 3 years, 4 years... maybe you only need one opportunity, one bottom, and you may turn around. It is so important to survive in the cryptocurrency circle. If you make money, spend more. If you lose money, increase income and reduce expenditure. Slowly persevere until the opportunity that belongs to you comes out.

#BTC☀

Why are young people interested in cryptocurrency investment?

Many young people are attracted to cryptocurrency investment, mainly because of their desire to get rich quickly. On the Internet, there are many successful cases of buying cars and houses by investing in cryptocurrency, but these stories are often just bragging. In fact, most people in the cryptocurrency circle have suffered heavy losses, and some have even lost everything.

Some people still dream of achieving their dream of wealth by getting rich overnight. They are attracted by all kinds of exaggerated stories of showing off their wealth, which are designed to lure people into the market and become the receivers of funds, so that others can profit.

If a decent person makes money, who would post on WeChat Moments every day and publicize it all over the world? Especially in the gray industry of the cryptocurrency circle, he is either sick or wants to trick you into taking over, so showing off wealth publicly often leads to trouble. In the cryptocurrency circle, making money is by no means easy, and most people will eventually lose money. In the capital market, making money successfully depends on cognition and expertise, not on exaggerating facts or deceiving.

For retail investors, they lack sufficient funds and professional skills to succeed. Therefore, if you want to gain a foothold in the cryptocurrency circle, you must first learn the basic knowledge and investment skills, and accumulate experience steadily before you can succeed.

#BTC☀

How many people have made money in this bull market, and how many people have lost money? Most people are losing money, and some people are beginning to doubt whether this is a bull market? In fact, this is a bull market, but this is a bull market after the dividend disappears. The future volatility will become smaller and smaller, and the money-making effect will also decrease. Look, to what extent have Bitcoin, Ethereum, etc. fallen? How many people are in trouble and have been liquidated? (Please ignore short sellers)

There will be no more crazy bull markets in the future, let alone comprehensive prosperity. Volatility will gradually weaken. This is the market after the dividend disappears. How to operate in such a market?

1. The era of easy money making in the past has passed. Now, if you want to profit from the market, the requirements for personal ability are higher. You need to read more, learn more, accumulate more experience, learn from excellent people, and imitate the practices of successful people.

2. For small funds, Bitcoin, Ethereum, etc. are no longer suitable. It is difficult to make a small profit with a big investment. You can only consider trading some new coins.

3. Increase leverage moderately, at least maintain 2~3 times leverage, and no more than 5 times at most, and choose to trade new coins.

4. Greater patience is needed, because the market cycle becomes slow, and only with greater patience can you wait for high-volatility, high-return potential trading targets, rather than frequently trading some useless currencies.

5. Most new coins have also become worthless, and the era of full prosperity is over. You need to learn to choose coins worth trading, those that are widely traded and volatile on large platforms. You should choose from the list of gains, hot spots, and new coins.

The above are just some immature suggestions from me. Of course, if you think the dividends are still there, you can ignore them without any care.

#BTC☀

September will be very exciting and should break through. The upper 73,000 and the lower 53,000 have been horizontal for six months. The time is coming when one day in the cryptocurrency world is one year in the human world.

I feel that this round of bull market is different from the previous ones. Before 2019, the dominant funds for Bitcoin came from the Asia-Pacific and European regions, and gradually turned to North America after 2019. Therefore, this explains the divergence between the Fed's interest rate and the previous Bitcoin market from 2015 to 2017. Since 2019, the correlation between Bitcoin's trend and the Fed's interest rate has increased, and North American capital has begun to dominate the crypto market. The bottom of the bull-bear cycle from the end of 2018 to 2022 came from the Fed's cessation of interest rate hikes, and ended with the Fed's expected start of a new round of interest rate hikes. The market has bottomed out since 2023 when the Fed's interest rate hikes reached a high level.

#BTC☀

No matter how much sin you have committed, as long as you are still in the cryptocurrency circle this year, you will go to heaven in the future.

In terms of daily line, this round of rebound has not even touched the downward trend line, which is relatively weak, but it still does not affect the optimism of the future market.

On September 19, the Federal Reserve cut interest rates. (The start of a new round of interest rate cuts)

On September 29, Cz was released from prison. (The new lawsuit in Seattle does not affect his release time)

On November 6, the old American election ended, and Te Kepu has a high probability of winning and taking office. I believe that there is no market that has been falling all the time, and there is no market that has been rising all the time. The situation will always change one day.

Just like the weather, it will not rain all the time, nor will it be sunny all the time. After the rainy season, there will be more sunny days. It is the same with people's luck. There is no one who is always unlucky, and there is no one who is always smooth. They are all smooth for two years and unlucky for two years. He will not be unlucky forever, and there will always be good luck. So, whether it is the market or life, we must be optimistic about the future, see his good side, and also see his bad side. Mentality is very important, and so is mental strength. This is why in reality, many people who are not as capable as you are better off than you in the end. The reason is that they have a better mentality and are more persistent. #BTC☀

#BTC finally made it to the weekend, and it won't fall again in the next two days

Yesterday, the price of Bitcoin was rising well during the day, until the opening of the US stock market, the nightmare of bulls came again. First, it quickly broke through 59,000, and then quickly pulled back. The bulls who cut their losses were regretting, and the bulls who didn't cut their losses were secretly rejoicing. At 22:00, the air force once again broke through 58,000 in one fell swoop. The bulls who were just rejoicing were already stupid. It was simply a harvesting trend specially designed for them. After the repair in the second half of the night, Bitcoin returned to above 59,000 at this time. The price did not change, but the money in most people's accounts became less.
Bulls also took a breath for the time being. They used to hate weekends because there was no market on weekends, but now they look forward to weekends because there will be no decline on weekends.

After analyzing the trend over the past few days, the support of 58,000 is still strong. It was recovered after three consecutive breaks, which is the place where the bulls resisted stubbornly. Today's market analysis: From the K-line, the 1-hour sideways trend, the 4-hour level is an upward trend, the 12-hour and daily levels are all downward trends, the intraday pressure level is 61000, and the support level is 57000. In the oscillating market, the daily K-line cycle SAR indicator turns, which is the boundary of the oscillation consolidation. In other words, the lowest price of 57700 last night should be the lower track of the recent oscillation range. The middle price of the 65000-57700 range is around 61500. If it stands below 61500, the oscillation range of 61500-57700 is weak, and the oscillation range of 61500-65000 above 61500 is strong.

In early August, the big cake continued to fall, and the market has cleared more than 3 times the leverage. It is difficult to fall again, and it requires real selling pressure to smash the market. After the big drop, the rebound and shock consolidation, the market sentiment is scattered, which is easy to cause bearish sentiment, cultivate the counterparty, and when the counterparty is sufficient, in the shock market, as long as the price stands in the strong area of ​​61500-65000 in the shock range, the short stop loss will assist the market to rise.

If the long position of Bitcoin is not confident, just imagine that after the Bitcoin halving, the current Bitcoin price is equivalent to 29500 before the halving. The lowest price of 49000 is equivalent to 25000 before the halving. The highest price of 65000 this week is equivalent to 32000 before the halving; 32000-25000 is just the consolidation range of half a year from April to October at this time last year.

After Bitcoin stood at 32000 at the end of October last year, the upward trend began.Although the short-term trend of Bitcoin is weak, the medium- and long-term trend is still optimistic. We look forward to the performance in the fourth quarter.
#BTC☀

From the daily chart, the big cake is still in the rising channel. The long upper shadows of the previous few hit the top of the channel, and then the bulls gave up the attack and the bears took over. However, at the bottom of the channel, the bulls continued to buy and did not fall below the channel. There was also a small fluctuation over the weekend. After the weekend, there should be a good stretch. If it goes bad and falls below the channel, you can exit and wait and see.

For small coins, PEOPLE should be a coin with a relatively good increase yesterday. For long-term, you can hold it patiently after all, the November election. For short-term, there is a key position of support and resistance exchange at 76, and the bears should buy slightly here. In addition, LPT has almost stepped back to the right position, so you can pay attention to it.

#BTC☀ #PEOPLE.24小时交易策略

Bitcoin and Ethereum both show signs of breakthrough on the hourly chart. It is rare to see Ethereum perform better than Bitcoin recently. People has also rebounded well recently. On the daily chart, it broke through the range and then stepped back. The long lower shadow shows that the bulls are strong. With the election hype, they can enter the market after stepping back.

#BTC☀

In fact, many coins have only broken through and stepped back on the daily chart. The weaker coins have stepped on the trend extreme. The trend has broken only when the big cake falls below 61,600. Therefore, it is better to hold the bottom long orders patiently. The worst plan is that the big cake falls below and then moves. Of course, the big cake likes to insert more pins to wash the contract recently, so it can still be left a little further away.

#BTC☀

The big cake hit the bottom of the trading range, and the long lower shadow line was closed in 15 minutes to verify the front support. It stabilized in the short term. There is no big market now. The short-term opportunity is to fluctuate between 63500 and 65000. If it breaks through or falls below, run away and take short-term market. The general direction is still bullish to the daily downward trend line of around 68600.
#BTC☀