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When mixing in the cryptocurrency world, you must stay alert and pay attention to several points: 1. Invest with money you can afford, don't borrow or take loans to trade cryptocurrencies. 2. Carefully select valuable coins and create a reliable capital allocation plan, this is the sunny investment strategy. 3. It's normal to encounter pullbacks after entering the market, so allocate your funds reasonably and enter in batches. 4. Avoid operating with a full position; allocate your positions reasonably and don't put all your eggs in one basket, this can reduce risk. 5. Stay updated with cryptocurrency news and the latest financial and economic developments; being well-informed helps you profit faster. 6. Don't confront the market makers and trends head-on; go with the flow and follow the trend. 7. If you're trading contracts, don't go all-in; use leverage of 20 to 50 times, and avoid easily using 100 times leverage; steady profits are key. 8. Controlling your position is crucial; if you're unsure, don't act recklessly; not trading means no risk, and you won't lose money. Regularly check your assets to see if they're well-managed and reasonable. 9. Have a solid understanding of when to enter and exit; experience in the cryptocurrency world will help you grow, and mindset is more important than execution.
The Ethereum Cancun upgrade was officially deployed on March 13, 2024, at 21:55 Beijing time. Regarding whether the Ethereum Dencun upgrade will repeat the historical pattern of rising first and then falling after its launch on the mainnet on March 13, it is difficult to make a definitive judgment. The following analysis combines historical upgrade situations and current factors:
From the historical price trends of upgrades:
• There are cases of rising first and then falling: After the Byzantium upgrade, the price saw a slight increase, and then over the following weeks dropped to around $250; after the Constantinople upgrade, the price briefly rose but quickly fell below $100; after the Berlin upgrade, the price briefly increased, but also quickly fell below $2000; after the Shanghai upgrade, there was a drop of 400 points within a month.
• There are also other scenarios: After the Muir Glacier upgrade, the price had little to no impact; after the London upgrade in August 2021, the price continued to rise.
From the current situation analysis:
• In terms of market expectations: If the market has fully digested the positive aspects of the Dencun upgrade, there may not be a significant increase after the upgrade. If the market expects the upgrade to bring about major changes, there may be upward price momentum before and after the upgrade.
• In terms of macro and industry environment: If the global macroeconomic environment is stable and improving, and the overall atmosphere of the cryptocurrency market is positive, it may benefit Ethereum's price to remain stable or rise before and after the upgrade. If the market is overall in a bear market or has significant uncertainty, it may suppress Ethereum's price increase.
• In terms of the impact of technological upgrades: If the Dencun upgrade can significantly improve performance and reduce costs as expected, it will increase Ethereum's value in the long term, but this may not be immediately reflected in the price in the short term. If there are technical issues or vulnerabilities during the upgrade process, it may trigger market panic leading to a price drop. $ETH
In the Year of the Snake, we are starting work with Brother Sao, and this year we have only one goal: to make money.
独领风骚必暴富
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Brothers, let's start the new year journey! In the wind and rain, in the bull and bear, Brother Sao is waiting for you at Binance!
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February 6th Accurate Market Analysis and Trading Suggestions! Please like and share
Today's BTC has a slight rebound, but the market's panic sentiment is still present
Will there be another round of secondary crash to explore the bottom? Here's an analysis for everyone:
1️⃣ Regarding ETF funds, The buying force has not been strong in the past two days (buying $300 million the day before yesterday, buying $11 million yesterday) but the exchanges have shown strong buying power Yesterday, Kraken continued to see outflows of 30,000 BTC, plus the outflow of 50,000 BTC in total
Yesterday at 6:00 AM, there was an outflow of 12,000 BTC from Coinbase In total, the two exchanges saw an outflow of 62,000 BTC In this round of decline, the big whales have been accumulating a lot of BTC
2️⃣ The three major stock indices have slightly risen, with Google dropping over 7% 3️⃣ The US data released last night was mixed, with the non-manufacturing PMI recorded at 52.8, significantly lower than the expected 54.3, which is good for the crypto market! The non-farm employment number recorded 183,000, exceeding market expectations (150,000), which is bad for the crypto market!
Our view on the market is: The market is still in panic these days, and under panic sentiment, there are definitely more sellers than buyers. Once the panic sellers have sold off enough, the market will begin to regain its upward trend! If there are still positions that have not been fully utilized, you can gradually buy the dip to build your position! Be patient and wait for the market to reverse!
Keep the green mountains, not afraid of running out of firewood. The most fundamental thing in trading is to keep the principal. Everyone has dreams and enters the currency circle with confidence. They want to get rich and bring honor to their ancestors, but after a few rounds, they are cut and bruised, and return home in defeat. The former high spirits are gone, so, after learning from the pain, summing up the reasons for failure, nothing more than "hurry" and "greed". "Hurry" makes you mess up your mind, frequent operations, like a deer, and finally fall into the hunter's trap and can't extricate yourself. "Greed" makes you lose your awe, and you will eventually suffer a market blow and start a new life.
If you still have the green mountains, and you still want to get back in the next fight, you must be cautious and greedy, be an excellent hunter, endure the loneliness of waiting, and understand the truth of taking only one scoop from three thousand weak waters.
Back in the market, BTC, ETH, SOL are still your best choices. Don't ask why, just do it if you believe it. Don't worry about how high it can go or how low it can go, because that is beyond our ability. What we need to do is to sow, water, fertilize, weed, and then harvest. Man proposes, God disposes. Do a good job in every step of the transaction, and leave the rest to the market and time.
Operation ideas: BTC, ETH, SOL, spot or 2x leverage can be bought in multiple batches. If you have any questions, please contact me! #BTC
Currently, the trend seems to indicate that the market has reached a crossroads. Is it the beginning of an upward trend, or the start of a second dip? Bitcoin and Ethereum are both in a recovery phase, and the precarious trend is worrisome.
The Bitcoin trend appears to be oscillating right around the 97,000 mark, in a recovery phase. Over the past few days, Bitcoin has repeatedly broken through but has faced resistance, and it may still dip further before the market improves, so caution is advised.
The Ethereum trend seems similar; today it just managed to reclaim above 2,800, and its performance is slightly better than Bitcoin's. In the past couple of days, there have been signs of a bottom forming around 2,700, but Ethereum is affected by Bitcoin's movements.
Overall, altcoins have experienced some pullback after reaching new highs. The market is at a crossroads, which is an entry point for aggressive traders. Those with sufficient holdings can continue to wait.
The big, medium and small cycles below the daily cycle of Bitcoin resonate 🈳head trend, capture 🈳single entry signals 📶 in the small cycle, and short at highs 🈳: Ambush in batches at three pressure points 🈳single entry: the pressure points are around 98252, 99180, and 100866;
The above analysis is for your reference. For 🈳single entry, please manage 2/3/5 capital positions and fasten your seat belts to take profit and stop loss ⚠️⚠️⚠️⚠️#BTC Follow #财经金军pro
#btc 1️⃣h is almost stable, but the teachers are still bearish! After shouting about bottom-fishing all day long, the teachers finally made it clear that the direction is 🈳. Now the dog dealer has pulled it up again, which makes you collapse! OK! Let's get back to the point. 1️⃣h is rising, and we should pay attention to the pressure level of 99150!
HODler airdrop is coming again😄 Just got home, rested, and started broadcasting immediately. The decline of BNB📉 is the biggest benefit for the coin hoarders. 🎈Click the avatar to enter the live broadcast room! #BNB
2025 A new journey and a new beginning. Never give up. A new beginning. Difficulties are like springs. When you are strong, they become weaker. When you are weak, they become stronger.
If you are not born, retail investors will be in darkness forever (Part 2) On February 3, the conspiracy of the Demonic ancestor 👹👹 against retail investors was destroyed by a master called the Chief Trader who appeared out of nowhere and used a trick of shorting the highest point in the whole network. After that, retail investors in the currency circle finally stood up after years of oppression by the Demonic ancestor (Dog Zhuang), and turned over to become the master of the market💪 When has this Demonic ancestor ever suffered such anger? He is used to controlling retail investors on weekdays. Today, since he was defeated by the Chief🩸 Then he came up with a plan and thought of a trick to immediately pull up the market violently and short retail investors. The Chief Trader, who had already realized the laws of heaven, is now in the clouds, he sneered, and had already guessed all the conspiracies of the Dog Zhuang⬇️ Then the Chief issued another article, publicly calling on all retail investors to hold 107 000 short orders were all stopped at 93000, pocketing a huge profit of 15000 points💰 And he took out the sword of the gods again🗡️🗡️ and swung a move to make a profit of 15,000 points. He shorted again at 102400, accurately catching the highest point of the explosion of the short position that the Demon Dao Patriarch attempted to blow up📉📉 After a day and night of battle, on February 5, the chief's third short order at the highest point of 102400 entered the market again and led many retail investors in the currency circle to make a floating profit of 4000 points. The plans of the Demon Dao Patriarch all failed, and the retail investors in the currency circle won💰💰💰 The Demon Dao Patriarch fled in despair, and then these Yongzhuan analysis masters who were saved by the chief began to feel jealous and dissatisfied when they saw this young man who suddenly appeared, and started a round of slander and rumors against the chief~~~~The story is to be continued