Jinqunqun official account: Why bother to talk about coins

The overall market seems to be similar to that of the previous few days. After a big rise or fall, the market continues to fluctuate. We also remind you to arrange the market with the idea of ​​rebounding and shorting in the future.

Short-term bears once again occupy the main field, and it is expected to return to the 58000-62000 area for shock adjustment. In the short term, we can go around this range to sell high and buy low.

Short-term bears once again occupy the main field, and it is expected to return to the 58000-62000 area for shock adjustment. In the short term, we can go around this range to sell high and buy low.

Short-term ideas in the afternoon:

Short below near 60500 above, target 58500-58000.
Long above near 58000 below, target 60000-60500.

Many people mistakenly believe that a market crash is a wash, which is actually a serious misunderstanding.

Today's market makers are very cunning, and they often use extreme price fluctuations to wash the market, which is a method that even experienced investors will find troubling.

For example, although we expect the market to have good growth in the future, the actual situation is that the market continues to fall.

In this case, we may begin to doubt our judgment: Did I make a wrong judgment? Should I cut my losses and wait for a new low to buy the bottom? However, when we try to buy the bottom, the market often falls further, making people wonder where the bottom is and whether the bull market still exists.

The sudden collapse of the three major inscriptions? Don't panic, this is just the beginning!
The recent violent fluctuations in the inscription market caught many people off guard. SATS plunged from 0.042 to 0.0348 overnight, a drop of nearly 20 points, which caught many people off guard. And Brother Jiu had everyone withdraw most of their positions as early as 93 points. Sure enough, the market energy was insufficient, and this wave was dodged beautifully!
ORDI also fell from $36 to $32, and the 10-point pullback caused a wail in the market. No matter how deep the inscription complex is, you can't fight it to death at this time! You know, as early as when ORDI was $21, I took my die-hard fans on board, and decisively locked in profits at $70. The current pullback is just a natural release of market sentiment.
RATS also fell from $0.12 to $0.1. The three major inscriptions fell in unison, and many people were nervous. What does it indicate? Have we entered a larger adjustment period?

The current market continues to fluctuate downward. From the 4-hour level, the short-selling volume has almost ended. It can't fall much. There is not much room below. It started to close positive at 8 am. It continues to be low and long during the day. Look for a strong rebound.

Cake 62600-62300 more, up to 64000
Aunt 2670-2660 more, up to 2740

The power of compound interest: Assuming you have 100,000 U, if you make a profit of 1% every day and leave the market at the end of the day, based on 250 trading days per year, your assets can grow to 1,323,200 U in one year. This strategy embodies the powerful ability of the compound interest effect and shows how small continuous profits can accumulate into huge returns.

The 3,000-point surge on Saturday morning also caught many friends off guard. The upward exploration that was originally expected in September came ahead of schedule. So far, the game between the two sides of Duokong has become increasingly intense, and a guiding news may trigger the trend.

In the short term, there was no breakthrough after the short-term rise in the morning. If the lower side does not return to the 62,800 line, there is reason to believe that there will be multiple attempts at pressure. It is recommended that Silu still focus on catching rebounds.

Now the big cake is relatively stable, and most of the copycats have suffered heavy losses.
I thought I would have a bigger picture, but the profit was withdrawn in an instant, or I was stuck.
The night before yesterday, the founder of TON was arrested, which directly led to the plunge of TON and not. There should be many old friends on the train, and the key is that it was still in the middle of the night. I woke up numb. Who could have thought that there would be such a thing.
So, as I said, try not to open orders at night, after all, you don’t know what happened when you fell asleep.
If you really can’t help it, then set a stop loss within your tolerance range, so that you can sleep more peacefully.

Getting rich overnight by speculating in cryptocurrencies, for example, making 100 million overnight, this money may be a hot potato for ordinary people.
A few million or 10 million is okay, it can improve life, invest in real estate or financial management. But once 100 million comes, life will be completely different.
It is difficult to keep a low profile, because the lifestyle and consumption concept are no longer on the same channel as friends. Want to integrate into a higher-level circle? It's not that simple, you need to have the corresponding strength and connections.
For real rich people, money is part of their strength, and there are also connections, skills and mentality behind them. If you just get this money by chance and don't have the skills to keep it, you may have to spit it out in the end. Losing money in investment, spending money recklessly, indulging in gambling or being cheated are all risks.

Top 10 tricks of the leeks in the cryptocurrency circle!!!

How many of them do you have?

1. Always buy coins based on rumors.

2. Frequent buying and selling, chasing when the price goes up and selling when the price goes down.

3. When the market is good, run away after making a little profit, but when the market is falling, hold on and don’t want to cut losses, always thinking that it will rebound.

4. No matter when, the position is full.

5. Feel panic when the price drops, afraid of being trapped.

6. Occasionally make a profit, think you are an investment genius.

7. Invest a large amount without knowing anything.

8. When it comes to currency, only know a few English letters, don’t know the background and application of tokens.

9. Only believe what you want to believe, and don’t listen to anything else.

10. Wait for a callback in the beginning of the bull market, think there will be a waterfall in the middle of the bull market, and chase the high at the end of the bull market.

If you are new to the cryptocurrency world, you must pay attention to these!

Whether you are just starting to hold BTC, ETH, or BNB, take a few minutes to read these advices, it will be good for you!

After financial freedom in the cryptocurrency world, a few "don'ts"

First, don't tell anyone that you are speculating in cryptocurrencies. The fewer people who know about this circle, the better, so as not to cause trouble. Those who understand will understand.

Second, don't show off your income and assets. Don't let others know how much money you have made, so as not to cause unnecessary trouble.

Third, don't show off in your circle of friends. Except for your closest relatives, no one wants you to live a good life. Showing off can only attract jealousy and trouble.

Fourth, after making a lot of money, you must learn to keep your distance. Many big guys resigned as soon as they became financially free in the bull market, and the second step was to clean up their circle of friends and delete everything that could be deleted.

Fifth, don't touch gambling and drugs. Gambling will destroy your mentality, and drugs will destroy your body. Only by staying away from these two can you last long.

Sixth, don't curse people and get angry less. Harmony brings wealth, and anger hurts wealth. Stay away from people who drain you. If you meet someone you don’t get along with, just block and delete them. Don’t waste your time.

According to past trends, the alt season lasts for at most half a year, which means from September to February next year. When BTC is trading sideways at a high level, it is time to reduce positions.

I feel that there will not be another 21-year-long bull market. With the interest rate cut, there may be a small bull market every year.

After all, BTC is getting higher and higher, and the risk is getting bigger and bigger. If BTC is slightly corrected, it will be a disaster for alts.

The 120-day moving average of the 4-hour K-line cycle, or the 20-day moving average of the daily K-line cycle, are all very meaningful references. At present, the 4-hour K-line cycle has stood above the 120-day moving average, or the daily K-line has stood above the 20-day moving average. A new trend is expected to form in the short term

Bitcoin has entered a triangular oscillation from a structural point of view, but Ethereum shows signs of breaking through. Based on this, today's thinking is still bullish. As far as the current situation is concerned, Bitcoin tends to fluctuate, and as long as it does not break 59500, it will always be bullish; while Ethereum is more bullish.

Short-term thinking
Bitcoin 60200-59800 long, defense 59200, target 61200-61500
Ether 2620 long, defense 2580, target 2680-2670

Without capital efficiency, decentralized exchanges won’t get far

A primary goal of investing is to ensure your money is always working for you, whether it’s in a savings account you barely look at or through active stock trading.

In the past, a savings account with a 10% yield was a reliable and safe option for many. However, today’s financial landscape paints a different picture.

The pursuit of meaningful returns has turned investors’ attention to solutions powered by blockchain and DeFi (decentralized finance). However, for DEXs (decentralized exchanges), the quest for optimal capital efficiency goes beyond the scope of blockchain networks.

Without a way to effectively address challenges such as soaring fees, liquidity bottlenecks, and market inefficiencies, decentralized exchanges are doomed to fail.

From getting rich to going back to zero:

● Entering the cryptocurrency circle, becoming rich overnight: Zeng Wen, a junior high school graduate, was a cargo loader with low wages and heavy debts. In 2017, he was invited by a friend to enter the cryptocurrency circle, and his friend lent him 5,000 yuan to speculate in cryptocurrencies. He couldn't afford Bitcoin, so he speculated in altcoins, buying at low prices and selling at high prices, and taught himself "band operation" and "leverage trading". In 2017, Bitcoin was in a frenzy, with the highest increase of 1,700% throughout the year. Zeng Wen also lived the life of his dreams, realizing the freedom to eat and buy clothes, paying off debts, buying things for his family, and participating in cryptocurrency gatherings, feeling a different kind of respect than before.

Opportunities always come to those who are prepared.

So sometimes you have to seize the opportunity

Every fluctuation is a symbol of opportunity

Every effort is a proof of strength

The recent surge in aave reminded me of an event.

It was in the second half of 2020, the early and middle stages of the DeFi sunmmer. Because I had been tossing around in the cryptocurrency circle and could understand the rare industry knowledge, I wrote an article about aave. After writing it, I went to buy some aave tokens, which were still called ethlend at that time.

I was a grassroots person who spoke the slang of the low-end population. I still used my own notepad. My colleagues taught me how to use note-taking software, required me to produce several articles every week, and personally helped me revise the articles and give them titles. It was very regular. Maybe people who came out of the Internet circle at that time were still full of industry jargon and exclusive terms such as "Ahaha moments", and everyone still thought they were very professional, and so did I.

"Can I still hold PEPE now?" This is a good question!
Back then, PEPE was very popular, with its price soaring and its market value approaching the 4.6 billion US dollar mark. It firmly sat on the throne of the top 50 virtual currencies by market value. That momentum was amazing! But recently the market is like a roller coaster, and the Ethereum ecosystem has also encountered a small ice age. As the leader of the meme world, PEPE is naturally unable to escape the disaster. Its price fluctuates with Ethereum and has fallen into a small low.
However, crisis is also an opportunity! 💡 For those speculators with unique vision, this may be a good time to quietly lay out and wait for the flowers to bloom. After all, history tells us that the peak is often after the trough.
Have you heard? The PEPE coin task on Binance is about to be completed. In the next ten days or so, the pressure of selling may gradually ease. 💨 What does this mean? It means that there may be a chance to catch the first ray of dawn of PEPE's rebound! But don’t forget that the market recovery still depends on the explosion of the Ethereum ecosystem and the recovery of the overall market conditions, so be patient, patient, and patient!

3 Altcoins That Could Turn $10 Into $1,000! The bull run may be about to break out!

Render (RENDER): Bullish Signals

The price of Render is now between $4.33 and $4.67. Although the recent increase is only 1.4%, the fundamental data indicates that Render has the potential for greater volatility. The 10-day moving average is $4.614, while the 100-day average is slightly lower at $4.593, which suggests that there is a basis for future gains.

The outlook for Render is positive, with resistance at $4.889 and $5.270, which may be tested soon. With support at $4.210 and an RSI index of 59.562, Render has room to rise but will not overextend. If the bullish signals continue, Render may break through these resistance levels and start a sustained rise. However, it is also important to keep an eye on the risks.