#GTC Go Long EP:2.0-2.1 TP:2.2-2.25-2.3 SL:1.908 For more high-quality currencies in the currency circle, check them out. Pin them to the top (no 🚪 publications)
Many people say that in the bull market, you can make money if you hold on to it. They are wrong. They are totally wrong. Choice is greater than effort. Only by choosing the right currency and holding it can you make money. If you had chosen BTM in 2018, you would have lost money now. You must first choose the right track, choose the right track leader, and then hold it to make a fortune! It’s true that choice is greater than hard work! For more high-quality currencies in the currency circle, check them out. Pin them to the top (no 🚪 publications)
#people If you are interested, you can wait for a callback to make a layout with a light position. Pay attention to the 4-hour start signal. The first target is 0.055 and the second target is 0.06. For more high-quality currencies in the currency circle, please see ㊗️ Yeah Pin it (no 🚪 publication)
The trend of Ether is weaker today, and the pie continues to break new highs. Ether barely broke through 4000, then began to fall, and is currently oscillating below 4000. But there is still no short structure at present, it is just a step back, In terms of thinking, we still maintain the idea of buying low. The market must fall below 3830 before there is a possibility of reversal.
It is currently running below 4000, indicating that the short-term market is weakening. In line with our expectations, after the Cancun upgrade is implemented, the hype of this narrative will end. The market's focus will return to the big pie, which will result in a situation where the rise is not as good as the big pie, and the fall is greater than the big pie. Regarding the expectations for the market outlook, the focus is still on whether it can stabilize at 4000. Only when it stabilizes at 4000 can it be possible to continue to new highs.
In terms of exchange rates, the decline has not stopped yet, because there is no new narrative in the Ethereum sector in the short term. It is difficult to have an independent market in the future. The following will focus on the support near 0.053. After hitting support, we can try to go long on the exchange rate to see if there is a chance for a rebound. The exchange rate has support below 0.053 and resistance above 0.060.
In terms of form, focus on the 3830 point. If it falls below 3830, then the M top structure will be established. A wave of decline may begin in the short term. Before falling below this point, we will still view it as a correction. In terms of operation, we mainly focus on low and long positions.
In terms of operation, continue to pay attention to the low and long range 3850-3880 below. If this area can stabilize or rebound, You can try to go low and go long. If the upper level can keep oscillating above 4000, you can also go long with the trend. There is still no short structure, so don’t be too bearish.
The overall market today has little fluctuation, with the overall market fluctuating around 73,000. The lowest touched 72500, and then the rebound price continued to reach a new high near 73780. The current trend is still to maintain a long trend, and there is no short structure. However, the high fluctuations are large, so you should not chase the high easily, and pay attention to the opportunity to go long after stepping back.
The overall operation today is in the range of 72500-73800. If there is no supply at the current position, It is unlikely that it will fall directly in the future, and it is highly likely that it will continue to hunt for liquidity upwards. The top still pays attention to the vicinity of 75000. If it reaches the vicinity of 75000, the pin may fall back. Only after the pins fall back will the market be likely to weaken. At present, the demand below is still sufficient.
From a morphological point of view, it is still running in a rising wedge, unless the volume breaks through 74000, Otherwise, the market is more likely to remain high and fluctuate. Although the current price is a new high, However, both kinetic energy and volume energy are depleted. If you start to step back later, the amplitude of the step back will be larger. The market fluctuates greatly. In terms of operation, risk control should be done at all times.
In terms of points, focus on the vicinity of 71600-72000 below. If this range is exceeded in the short term, There may be demand, and there will be an opportunity for a rebound. Continue to focus on 73000 above. If it can trade sideways above 73000, There is a high probability that the market will continue to rise and test around 75,000. Only when the market falls below 68,600 will we think that there is a possibility of a reversal in the market.
In terms of operation, if the price can remain above 73000, we can continue to trade Hakata. If you go back to the 71600-72000 range below, you can also try low and long
Recently, we have made judgments on the overall trend of the market. There is no short-selling structure overall. We cannot go short easily. We can only follow the trend. Let’s review yesterday’s thoughts. Breaking through 68,000 to pursue the long position, reaching a maximum of 70,000, and making a profit of more than 2,000 points!!!
Then start smashing the market. If you don't do a good job of taking profit to reduce your position and setting a capital loss, you may be taken away by a wave. This is the risk control we have always emphasized. The current market fluctuations are still huge. Even though the bulls are strong, most of the liquidators are still bulls, which shows that even in a bull market, Gouzhuang will not let you make money easily. Be defensive at all times, lower your expectations and wait for more certain opportunities.
After breaking through a new high yesterday, it immediately hit around 66,000, causing a flash crash of 4,000 points. The high leverage was immediately exploded. Even if you don't liquidate your position, there is no room for operation after a flash crash of 4,000 points. Therefore, you must set a stop loss when opening a position. After closing the long position, it quickly recovered to around 69,000, indicating that the demand below still exists, and retail investors who cannot get on the bus are rushing to get on the bus. The current 4-hour EMA short-term and mid-term are still in an upward trend, and there is no reversal. However, this trend is unhealthy and does not form a wave, resulting in insufficient exchange of chips. It is prone to sudden ups and downs, so everyone still needs to put risk control first when entering the market.
Judging from the current technical indicators, the bulls are expected to fail. MACD continues to weaken, forming a top divergence. After yesterday’s pin insertion, the volatility continued to reach a new bottom. Overall, it shows that market enthusiasm is decreasing. Pay attention to the risk of subsequent market corrections.
On the point, the bottom will focus on the vicinity of 66000. Currently, a demand zone has formed near this point, which can be regarded as short-term support. A short-term market reversal will only be considered if it falls below this point. At the top, focus on the high chip area near 68700. If we can continue to break through with heavy volume, there is a high probability that we will continue to hit 70000+
In terms of operation, the current bullish trend remains unchanged, with the main focus being low buying, supplemented by chasing longs. The bottom is low and long near 66500, and the top is breaking through 68700, and the top is chasing longs. High fluctuations are large, pay attention to position control and risk control
Litentry is a decentralized identity aggregation protocol based on multiple networks. It has a decentralized identity (DID) index mechanism and a credit calculation network based on Substrate.
The current circulating market value is less than 60 million. In the bull market, the copycats rotate. For this currency that has not yet started market making, we can ambush in advance.
From the weekly line, the three-year wash has been completed, which means that the chips of retail investors have basically been harvested. From the distribution of chips, the cost of the main force is around 1u, and the current increase is only 50%. If it can't even outperform Bitcoin in the bull market, the main force will not need to make a market, and will directly buy the big cake.
In terms of operation, the weekly level has just started to rise, and there has been no outbreak. We can directly deploy around 1.35, with a target of 40%+
CHZ, the leader of the sports sector, There are still three months before the European Cup, and the sports sector is about to start hype
In terms of fundamentals, Chiliz Chain Token Economics 2.0 version was released, Subsequently, a destruction mechanism was introduced to continuously reduce the circulation of tokens, and GAS fees were directly destroyed at the protocol level
Recently, Chiliz CEO said that the MEME coin $PEPPER will be launched soon, It is likely to be airdropped to pledgers, and the popularity of CHZ will be further promoted in the future
From the weekly level, the rise has just begun, and it has not ushered in an explosion. There is at least 50% of space above Focus on the 0.125-0.13 range below, and deploy spot at lows and wait for an explosion
Thursday evening, March 7, 2024 Bitcoin is about to change, be careful of air raids! It has never happened in history, but it does not mean that it cannot be broken. Now, you and I are in history! Powell said in his statement last night: Now the confidence in reducing inflation to 2% is still a little short, not enough, and the matter of interest rate cuts has to be put on hold. The market did not take the dovish statement seriously, and Bitcoin did not step back because of this statement. This is the trend. The atmosphere has been set to this point. This official statement has been said for several months. Who believes it? There is basically no chance of a rate cut in March, but this does not affect Bitcoin's creation of history. Even if it is postponed to June, or not reduced this year, then how long can the high interest rate of ether in 22 years last? It maintained a strong trend yesterday and rebounded slightly today, with 65,500 as the support point. After sideways consolidation, it rebounded slightly upward again in the afternoon. The bulls still seem to be strong, but the K-line has clearly revealed a certain decline! In the one-hour level, Bitcoin has clearly entered a volatile range. In the range of 67500-65500, you can try to participate in high-altitude layout. Now it is obviously at a time when risks outweigh opportunities, so blindly chasing highs is no longer advisable! In the evening, short at the 67500 area pressure, the area is a little loose, the 67200-67700 range is OK! Otherwise, if you watch too closely, you will miss it. Just look at 65500 below! The single loss can be controlled at 10% of the total space!
Today's market trend is exactly the same as yesterday's. The market fluctuates up and down, and the long and short switches are too frequent. Don't be too persistent in the tug-of-war market. We suffered this loss yesterday, so when the market changes, our thinking must be adjusted in time. Today, we did not do one direction all at once. We did it back and forth. Although the space is not large, there is space. Don't you think so?
Bitcoin Lin Kun reminded in the morning that today's idea is to go short first and then long, and the market is also relatively cooperative. We also grasped the layout of 3 waves in the market, short at 66450, then long at 65900, and then short at 67230. All grasped, the long and short layout took a total of 2500 points of space. How many old irons followed?
As far as the current market is concerned, there is still no large fluctuation. It may be that the previous market trend is relatively extreme, which leads to the current market in the repair stage. After the repair is completed, it will go out of space again. What kind of market we will make what kind of layout, at this time we continue to maintain high-altitude and low-multiple!
Bitcoin halving can also be called Bitcoin block reward halving, which means that the rewards obtained after producing new blocks are halved approximately every four years. This means that after the production reduction, the corresponding Bitcoin reward for each block mined will only be half of the reward before the halving. After the advent of Bitcoin in 2009, the block reward was 50 Bitcoins. Depending on the speed of block production, the reward is halved approximately every four years, with the final total amount being constant at 21 million.
January 2009: The initial Bitcoin reward is 50 BTC.
November 2012: Bitcoin rewards drop to 25 after the first 4 years.
July 2016: Bitcoin rewards dropped to 12.5 over the next 4 years.
May 2020: Bitcoin rewards drop to 6.25 4 years in the future.
2024: Bitcoin rewards drop to 3,125 over the next 4 years
What the Bitcoin Halving Will Do to the Bitcoin Network
The Bitcoin halving is a major event affecting Bitcoin, which currently accounts for a large portion of the entire crypto industry. Therefore, how the Bitcoin halving affects Bitcoin will also have the same impact on the crypto market:
Miners: Miners are the ones who are directly affected when their income in BTC is halved. This resulted in the halving of the only Bitcoin supply outside the miner market.
Investors: Same source halving, if investor demand remains the same or increases, this will push Bitcoin prices higher. Essentially, this benefits investors who hold Bitcoin because Bitcoin’s inflation rate continues to decrease.
It can be said that the Bitcoin halving also pushed the Bitcoin network to become more scalable and decentralized. Because when rewards are low, miners will find ways to increase computing power and the number of machines to mine more BTC. Not only that, but the feeling that Bitcoin is becoming increasingly rare has many people jumping into mining and trading in the field. This strongly stimulated the boom of Bitcoin. #BTC
Whether history will repeat itself, we don’t know yet#currencycircle# We must pay attention to risk control for the big pie in the current peaking stage. The 45,000 position below is close to the liquidation of 20 billion. The harvest may be late, but it will definitely not fail #财经#
This bull market is just the beginning of the bull market, and the downward trend is just liquidation and retracement. So the frenzy of halving and interest rate cuts has not yet arrived, and the market outlook must be an even crazier bull market than before #BTC超话#
Bitcoin has dropped to 60,000, from 69,000, and dropped nearly 10,000 points in three or four hours! What is the difference between this and the 319 crash of that year? Are you still long? Have you held on to the short position? Anyway, I held on, brothers, I watched the short position for a month, and made a lot of money in one day, and the short position is rising
There has been a carnival for MEME coins recently, and the price increase list is full of various DOGE and air coins. At this time, everyone is going crazy. If others are greedy and I panic too early, the result will be nothing. This kind of market situation can no longer be analyzed rationally. We can only become greedier when others are greedy. Of course, the premise is to do a good job in position control and risk control.
On March 1st, our VIP channel gave the PEOPLE entry range, 0.04-0.045. The two falls back to this range gave us the opportunity to get on board, with the highest profit exceeding 50%.
At present, as the market continues to rise, the accumulated risks are also getting higher and higher. MEME can easily increase several times. We have said many times about the entry idea of air currency. You can only chase long in the early stage of a breakthrough, or you can push back after a large-scale increase. Now you can no longer chase high easily.
If you are short, try to wait and see. You will not lose money if you are short. If you aggressively choose high leverage to chase the high, it will return to zero with one step back. Of course, you can't go short against the trend. Gouzhuang hasn't left yet, so don't compete with Gouzhuang.
Ether is linked to a rising pie today, In the morning, it surged to around 3540, and then fell back to the lowest level of 3420. Hunting for liquidity near 3500 above, it then fluctuated around 3500, As the pie breaks through new highs in volume, the trend of Ether is relatively weak. Mainly linkage, no independent market
Yesterday, our breakthrough idea was to increase the volume and break through 3500 before considering pursuing the long position. At present, the capacity is limited, and the market dominance still lies with the big pie. So we bought the big pie and didn’t lay out the ether When the market is at a high level, pay attention to position control and be wary of the big market pullback causing a sharp drop in the copycat market.
In terms of exchange rates, we have mentioned in recent days that there is no independent market for Ether. The interconnected pie is the main one. Without an independent narrative, it is difficult for the demand for ether to exceed the pie. So it is difficult for the exchange rate to strengthen, unless the Ether Spot ETF passes, Yesterday, we also mentioned that we can short the exchange rate. Today, the exchange rate fell by about 2.5%. Substantial gains can also be made. The exchange rate is about to hit support, and subsequent shocks will be the main trend.
On point, The key support point is 3300. If it does not fall below 3300, we cannot be bearish easily in the short term. Pay attention to the retracement in the future. If the retracement can continue to form a demand area near 3350, Then the thinking is still mainly low and long
In terms of operation, there is no heavy volume increase at the current position, so we should remain cautious in operation and focus on low and long positions. Low and long attention range 3300-3350