8.22 Crypto Market Metaphysics: Bearish
#BTC☀ #ETH🔥🔥🔥🔥
#比特币走势分析 #以太坊

5 iron laws of cryptocurrency trading:

1. **Rapid rise, slow correction**: When the price of a currency rises rapidly and then slowly corrects, it usually means that the dealer is quietly absorbing chips and preparing for the next round of market.

2. **Sharp drop and slow rise, dealer selling**: The price of a currency falls sharply and then slowly recovers, which often indicates that the dealer is gradually selling chips and the market may enter a downward phase.

3. **The top volume is sufficient, no need to sell urgently; shrinking volume needs to be vigilant**: The high trading volume is active, indicating that the price of the currency still has room to rise. If the trading volume suddenly decreases, it means that the upward momentum is insufficient, and you need to leave the market cautiously.

4. **The bottom volume needs to wait and see; continuous volume is a buying point**: The bottom volume may be a temporary rest, and you need to observe carefully. But if the trading volume continues to increase, it means that funds continue to flow in, which may be a good time to enter the market.

5. **The trading volume depends on emotions, and the trading volume depends on consensus**: The fluctuation of the currency price is affected by market sentiment, and the trading volume reflects the market consensus and investor behavior. Keeping up with trading volume and understanding sentiment changes are the keys to seizing opportunities in cryptocurrency trading.

I have summarized eight iron rules, and I remind myself to abide by them every day so that I can survive the big drop.

1. **Don't just stare at the K-line chart to enter the market**
When entering the market, you should not only look at the K-line trend, especially when doing short-term trading, but also pay attention to the 30-minute K-line chart, and at the same time ensure that the market has stabilized and resonated. For example, sometimes you see a K-line with a long upper shadow and think there is no chance, but the next day it pulls out a big sun or even a daily limit. If you looked at the 30-minute K-line chart at the time, you will find the mystery.

2. **Trend and order are the key**
When the trend and market order are wrong, it is a mistake to look at it more. Going with the trend and not disrupting the market's rising order is the key to success.

3. **Hot spots are the king of short-term trading**
If there is no opportunity to participate in hot spots or potential hot spots, it is better not to do short-term trading.

4. **Give up impulse and follow the plan**
Impulsive entry often leads to mistakes. Remember to trade your plan and plan your trades.

5. **Independent thinking is essential**
Anyone's views or opinions can only be used as a reference. You must have your own careful consideration and serious analysis.

6. **Direction is more important than choice**
Determine the direction first, then select the currency. If the direction is right, you will get twice the result with half the effort; if the direction is wrong, you will get half the result with twice the effort.

7. **Only intervene in the currency on the way up**
Guessing the bottom is a big taboo in trading. I always feel that the rebound is just around the corner, but the market may still have a final shock. The price of the currency usually moves in the direction of least resistance, so choosing the currency that is rising means that you have chosen the direction with least resistance.

8. **After a big profit or a big loss, go short first and then make a move**
After a big profit or a big loss, you must calm down and look at the market and yourself with an empty position. After sorting out the reasons, the probability of success will be higher. In many years of trading, I found that the success rate of short position adjustment after a big profit or a big loss is over 90%.

Follow these iron laws to avoid storms in the currency circle again and again and keep moving forward.

A man's courage determines how far he can go. The following ten kinds of courage determine whether a man can stand out in a complex world and create brilliance.

1. **Ambitious and daring to pursue dreams** Only with the ambition to make a fortune can one bravely take the first step to pursue greater success.

2. **Brave pursuit of beauty and love**
Dare to make friends with beautiful women, not only is the attraction of appearance, but also a test of self-confidence and taste.

3. **Remain calm in the face of change and respond calmly**
In the face of major events, calmness can find the best solution and do not panic.

4. **Put down face and dare to break through**
Not caring about face sometimes means bravely stepping out of the comfort zone, daring to challenge oneself, and breaking through bottlenecks.

5. **Double test of wisdom and courage**
Only by having the patience to fight wits and courage with opponents, being good at planning, and daring to act can you win in the competition.

6. **Have the heart to control, be steady and self-sustaining**
Being able to control emotions and keep calm is an indispensable quality for a mature man.

7. **Ambitious and courageous**
Have the ambition to fight and fight, be brave to face challenges, not afraid of failure, and move forward courageously.

8. **Success or determination to fight again**
Either stand out or start over, there is no option to retreat, only to keep moving forward.

9. **Perseverance and face difficulties**
Overcoming difficulties requires perseverance, so that you can keep moving forward in adversity and finally achieve your goals.

10. **Shoulder responsibility and take responsibility bravely**
Responsibility is the cornerstone of men. Being able to take responsibility and not evade responsibility is a real man.

These courages are indispensable qualities for men on the journey of life. Only by cultivating and practicing these courages can you truly stand at the top.

A sharp rise and a slow fall is a shipment,

A sharp fall and a slow rise is a wash.

If the volume does not rise, the top is revealed,

If the volume does not fall, the bottom is formed.

If the volume rises, it will definitely fall back,

If the volume falls, it will definitely rebound

8.17 Metaphysical Analysis of Crypto Market
Volatility intensifies, caution is the best

Analysis:

August 17, 2024, the 14th day of the seventh lunar month, Jiachen Year [Year of the Dragon], Renshen Month, Guichou Day. Today's astronomical pattern reveals the trend that the Bitcoin market may face:

Jiachen Year [Year of the Dragon]: The Year of the Dragon symbolizes strength and change, but it is also accompanied by uncertainty, which may lead to unstable market performance.

Renshen Month: The combination of Renshui and Shenjin indicates potential financial fluctuations, and investors may take more cautious decisions.

Guichou Day: The conflict between Guishui and Choutu symbolizes the internal pressure and external resistance in the market, and investment sentiment may be suppressed.

Wei Su (Wei Yueyan) and the Twelve Gods "Zhi": Wei Su implies that there are risks in the market, while Zhiwei represents persistence and perseverance. This combination may further intensify the tense atmosphere in the market.

Prediction:

Based on the above metaphysical analysis, the Bitcoin market on August 17, 2024 may face volatility risks. Astronomical phenomena show that market sentiment may tend to be conservative and investors tend to avoid risks, which may lead to downward pressure on Bitcoin prices.

In this environment, investors are advised to remain highly cautious, avoid aggressive operations, and prioritize the safety of funds. Pay close attention to market dynamics and adjust investment strategies in a timely manner to cope with potential volatility risks. Today is more suitable for watching the market rather than entering the market in a big way. $BTC $ETH $SOL

Metaphysical analysis of the crypto market:

August 15, 2024, the twelfth day of the seventh lunar month, the Year of the Dragon, the Month of the Dragon, the Day of the Pig, the Beginning of Autumn, the fourth day of the Zhongyuan Festival.

Today's star is Nvxu (Female Earth Bat), and the Twelve Gods are Pingzhi. On this day, Feng Shui numerology shows that the market trend may present a "first rise and then fall" situation, and the overall performance is a sideways trend.

From a metaphysical point of view, today's market is full of volatility. Although there may be a short-term rise in the morning, the pressure of the afternoon correction cannot be ignored. Investors should remain cautious, pay attention to market signals, and avoid blindly chasing ups and downs. In this environment, steady operation and patiently waiting for a clearer trend will be a wiser strategy.
#加密市场反弹 $BTC $ETH $SOL

9 trading tips, recommended to save!

1. Buy horizontally, buy pits, don't buy vertically, the selling point is at the boiling point

2. Continuous small rises are real rises, continuous large rises should be exited

3. A sharp rise should be stepped back, don't dig a deep pit and don't buy big

4. The main rise should reach the top, sell quickly when it falls, and sell slowly when it rises

5. A sharp fall without volume is a threat, and a slow fall with large volume should be withdrawn quickly

6. If the price breaks through the lifeline, don't hesitate to do the swing

7. Look carefully at the daily and monthly lines, and follow the main force to build positions

How to survive in the current altcoin market: the importance of coin selection

The current altcoin market is indeed full of challenges. Even with small leverage, the violent fluctuations in the market make it difficult for many investors to escape. In this round of market, many investors hope to get high returns with small investments, but the reality is more cruel.

In the past, when Bitcoin $BTC (commonly known as "big cake") rose, altcoins often followed the surge, and the increase often exceeded Bitcoin. However, today's market is very different. Bitcoin has not yet fallen sharply, and most altcoins have hit new lows in succession, even close to the bottom of the bear market. In the process of Bitcoin rising to $60,000, many altcoins have also failed to recover to their previous highs.

The factors behind the performance of this round of the market are complex and diverse, and the market is no longer a simple situation of "bull market is coming, all coins are flying". Today, the market has put forward higher requirements on investors' vision and ability to select coins.

In such a market environment, it is particularly important to choose the right currency. If you choose the wrong currency, you may encounter a situation where "others rise, you don't rise; others fall, you fall even worse." In this case, not only will it be impossible to make a profit, but even the return on investment will become a distant prospect.

Therefore, in the current market, investors must be more cautious and carefully analyze the potential and risks of each currency to avoid blindly chasing ups and downs. Only by choosing the right currency can you be invincible in this wave of market conditions and realize wealth appreciation.
#加密市场反弹 #美联储何时降息？ #山寨季何时到来？ #山寨币热点 #山寨现货布局如何布局

**August 10, 2024 Bitcoin $BTC Metaphysical Prediction: Bearish**

Today is the 4th day of the Shangyuan after the Beginning of Autumn. The Ganzhi calendar is Jiachen year, Renshen month, Bingwu day, and Yin Dun Baju dominates today. According to metaphysical analysis, Bitcoin ($BTC )'s trend today indicates a possible downward trend.

Renshen month is the month of gold and water, while Bingwu day is the day of fire and dry earth. Under this background, Yin Dun Baju weakens the power of gold and water, strengthens the gas of fire and earth, and market sentiment is easily affected, leading to a downward trend in Bitcoin prices. In metaphysics, gold represents wealth and water represents liquidity, but today's situation shows that the liquidity of the market is weakened, wealth is blocked, and there may be selling pressure in the short term.

For investors, today may be a day to be cautious and avoid making major decisions in an uncertain market environment. Pay attention to market trends in a timely manner and stay calm to cope with possible risks of decline.
#加密市场反弹 #美联储何时降息？ #BTC走势分析 #BTC☀ #BTC走势预测

On August 9, Yi Si Day, Di Su was in the sky, which was the third day of the Beginning of Autumn. The atmosphere of heaven and earth intersected, hiding opportunities and challenges.
#BTCBitcoin Metaphysics Prediction

Today, Bitcoin $BTC may show a stable force under this special astronomical phenomenon, tending to go sideways or rise slightly. Di Su is an earth sign, symbolizing stability and accumulation. This astrological feature may bring some support to the market. However, the fire element of Yi Si Day may also cause market sentiment to fluctuate, so it is necessary to observe market dynamics carefully and be ready to respond to sudden changes at any time.

**Suggestion**: During this period, investors can consider waiting and watching, or gradually increase their positions when prices adjust, and do not blindly chase high prices. The market may not have much breakthrough during this period, but the accumulated power may lay the foundation for subsequent market conditions.
#BTC走势分析 #加密市场反弹 #美联储何时降息？ #美国7月非农就业增长放缓 #BTC☀

Recently, the cryptocurrency world seems to be gradually falling into decline, and the following signs are particularly obvious:

1. **It is becoming more difficult to make profits**: Whether it is Bitcoin $BTC , VC coins, or the once popular Meme coins, it has become difficult to obtain high profits. More and more investors are losing money, which has led to a general decline in consumption desire.

2. **Innovation is weak**: As the market matures, new breakthrough innovations are becoming less and less, and the actual value created by projects is gradually decreasing.

3. **Market value is too high**: The market value of the top projects has reached hundreds of billions or even trillions, while the middle projects are hovering around tens of billions. The market is full of selling pressure and it is difficult to support higher valuations.

4. **The number of users is decreasing**: The number of active users on the blockchain is gradually decreasing, and more and more on-chain projects have become "ghost towns" and are difficult to maintain vitality.

5. **Giant whales lying flat**: Since Ethereum switched to the PoS (proof of stake) mechanism, many large users have chosen to obtain income through staking and re-staking, and there is almost no need to actively trade, which has further reduced the activity of the market.

These factors work together to bring the entire cryptocurrency market into a relatively depressed phase.
#加密市场反弹 #美联储何时降息？ #BTC走势分析 #美国7月非农就业增长放缓 #ETH🔥🔥🔥🔥

Six truths in the cryptocurrency circle: help you move forward steadily in cryptocurrency investment$BTC $ETH $SOL

1. Wealth accumulation

The wealth in the cryptocurrency circle is usually concentrated in a short peak period. Most of the time, it is wiser to wait for opportunities than to operate with a full position. Newbies are often eager to enter the market, worried about missing the market, but remember that waiting itself is an investment strategy.

2. Stop profit and stop loss

The key to trading is not buying, but when to sell. Strictly setting stop profit and stop loss points is the key to successful trading. A true master knows how to sell decisively at the right time.

3. Beware of following the trend

If you hear that others have made money with a certain coin, don't blindly follow the trend. When the news reaches your ears, it is often at a high level, and it is very risky to enter the market rashly. Keep independent thinking and avoid becoming a victim of "chasing up and killing down".

4. Rational investment

Don't have blind faith in any coin, and leave the market in time when you make money. Recognize the trend and wait quietly for the next opportunity. The competition in the cryptocurrency circle is not about who earns more, but who can live longer.

5. Treat it rationally

Don't fantasize about getting rich overnight, the probability of this is extremely low. What you can earn is always the money within your cognitive range. Look at every investment rationally, and steady progress is the long-term way.

6. Risk management

Investment is risky, so be careful. Don't bet all your belongings, and leave yourself a way out before entering this circle. Reasonable risk management is the key to survival in the cryptocurrency circle.

Every sentence is a talk of experience, helping you avoid detours in the cryptocurrency circle and move forward steadily.

August 6 Market Daily

1. Bitcoin ($BTC ): Currently at $55,340, up 2.57% in 24 hours.

2. Ethereum ($ETH ): Currently at $2,486, up 5.93% in 24 hours.

3. US stock index futures: Nasdaq 100 index futures rose by 2%, S&P 500 index futures rose by 1.5%, and Dow futures rose by 1%. European stock index futures rose simultaneously, with German DAX index futures up 0.87%, French CAC40 index futures up 0.82%, and European Stoxx 50 index futures up 1.28%.

4. Bitcoin ETF trading volume: Yesterday, the US spot Bitcoin ETF trading volume hit a new high since March 26 this year, reaching $5.7 billion. Among them, BlackRock IBIT's trading volume was $2.94 billion.

5. Japan's Topix Index Futures: Triggered the circuit breaker mechanism upward.

6. Ethereum re-staking protocol Renzo: Now open for second quarter airdrop inquiries.

7. OpenAI co-founder John Schulman: Will join artificial intelligence startup Anthropic.

8. South Korea's KOSDAQ futures: Soaring, triggering the "SIDECAR" suspension mechanism.

9. zkRollup network Zircuit: Now open for ZRC airdrop applications, ZRC will be in a non-transferable state.

10. Large transaction monitoring: According to Whale Alert monitoring, around 06:42 Beijing time today, 746,272 SOL (worth approximately US$99,328,186) were transferred from an unknown wallet to Binance.

11. Bank of America's view: The Federal Reserve currently has no need to make a recession-scale rate cut.

12. US lawmakers urge CFTC: Crack down on election gambling, Polymarket bets hit a record high.

13. Mineral rights tokenization platform Elmnts: Completed $2 million in pre-seed funding.

14. Fed’s Daly: Open to rate cuts at the September meeting, does not think the weakness in the labor market will intensify.

15. Circle: Will stop supporting USDC on Flow (Cadence).

16. Google: Will appeal the US court’s antitrust ruling.

17. AI chip startup Groq: Raised $640 million in a new round of financing.

18. US SEC: Seeking the court to reject Coinbase’s subpoena request.

19. Japanese Finance Minister: Will fully manage the economy and finances and cooperate with the Bank of Japan to calmly judge the current situation.

20. Trump: The US government should build rather than sell cryptocurrencies.

#加密市场反弹 #美联储何时降息？ #BTC走势分析 #美国大选如何影响加密产业？

Today's market analysis

Bitcoin ($BTC )

If the price of Bitcoin stands above $54,500, it will rebound upward within two hours. The first pressure level of $56,000 has been reached, and the current rebound trend of Bitcoin at the 1-hour and 2-hour levels is obvious.

Today, we need to pay attention to the position of $55,900. As long as it stays above this position today, the rebound at the 4-hour level will start, and the small level will also start to rise. The pressure levels above the rebound are $57,315, $58,300 and $59,400 respectively.

If it fails to stand at $55,900 today, we need to pay attention to the position of $53,880 below. As long as it does not fall below this position, it may still fluctuate upward after sideways consolidation. If it falls below $53,880, the rebound at the 2-hour level will fail, and the support levels below are $52,480, $51,500 and $50,530 respectively.

Ethereum ($ETH )

If the price of Ethereum stands at $2435, it will rebound upward within two hours. The first pressure level of $2503 has been reached. Currently, Ethereum has a clear rebound trend at the 1-hour and 2-hour levels.

Today, we need to pay attention to the position of $2545. As long as it stays above this position today, the rebound at the 4-hour level will start, and the small level will also start to rise. The pressure levels above the rebound are $2693 and $2795 respectively.

If it fails to stand at $2545 today, we need to pay attention to the position of $2420 below. As long as it does not fall below this position, it may still fluctuate upward after sideways consolidation. If it falls below $2420, the rebound at the 2-hour level will fail, and the support levels below are $2310, $2223 and $2148 respectively.
#加密市场反弹 #美联储何时降息？ #BTC走势分析 #ETH🔥🔥🔥🔥 #以太坊走势分析

Bitcoin $BTC loss accounts surge

According to the UTXO account model, the number of losing trading accounts continued to soar during the recent local lows of Bitcoin, reaching extreme levels at the bottom of the bear market cycle, black swan events, and major bullish pivot points. This situation is similar to the trend after the COVID black swan events in September 2023 and 2020, indicating that a big market is about to come.
Altcoins experience a tragic bull market

Before the current #牛市开启 , retail investors have experienced unprecedented difficulties. Many altcoins have fallen sharply in price and even returned to the lowest point of the bear market. This situation has never occurred in previous bull markets.

Transition from mid- to late bull market

Cathie Wood recently said that we are in the middle of the bull market and will enter the final stage next, which is the stage of rapid price increases. Consistent with the views of many market analysts, there is no other choice but to wait patiently.

#山寨币 Holders' numb emotions

Currently, many altcoin holders are indifferent to market news, and the sentiment is similar to the bottom area of ​​the big bear market. Nevertheless, it would be very uneconomical to give up holding altcoins, because Bitcoin's trend has been good, and the bottom has gradually improved, while altcoins are weak but also follow the market.

Expected market reaction in September

It is expected that there will be capital flow in September this year, and most altcoins have opened in October over the years. According to the current market chart analysis, the market may react in advance in mid-September, indicating that the bull market is coming.

$ETH Price trend

Although there has been a net outflow of #ETH现货ETF recently, the outflow is the lowest point ever, only 403 ETH. At the same time, Grayscale's selling slowed down, and BlackRock bought a large amount of ETH when the price fell, showing optimism about the future market. Most ETH spot ETF investors believe that ETH prices will perform better in the future.

Importance of Coinbase spot trend

Observing Coinbase spot trend may determine the return of the bull market. Recently, the comparison of trading volume between Coinbase and BN perpetual shows that futures dominate the market, while spot only enters the market after the price breaks through the key point. In the future, if Coinbase spot leads the rise, the bull market may restart.
#美联储何时降息？ #美国大选如何影响加密产业？

Keep a good attitude in market fluctuations $BTC

The currency market fluctuates frequently, and successful investors know how to stay calm in the changes and see crises as opportunities.

Adapt to market fluctuations $ETH

Frequent market fluctuations are the norm. Investors need to get used to this phenomenon and not be swayed by short-term fluctuations.

Mindset is the key $SOL

Fear of loss will lead to missed opportunities. Only those who stay calm and act decisively in turmoil can get rewards.

From fear to confidence #BNB

It takes time to cultivate a calm mentality. Market fluctuations are not terrible, the important thing is to keep the power of action.

Summary #XRP

Investing requires a good mentality. Only by letting go of the fear of loss and seizing opportunities can you succeed in the market.
#非农数据
#美联储何时降息？ #美国大选如何影响加密产业？

过去两天，加密货币市场出现了显著波动。比特币和以太坊等主要加密货币的价格大幅下跌，比特币$BTC 价格跌至约64,844美元，下跌了近3%。以太坊$ETH 同样经历了近8%的跌幅，目前价格在3177美元左右。

近期，Mt. Gox 的一大笔比特币资产转移至 Bitstamp 交易所，引发了市场关注。此外，刚刚推出的以太坊ETF在上市首日交易量突破1亿美元，显示出投资者对加密货币的浓厚兴趣。

在这样的市场环境下，投资者需要保持谨慎。市场的高波动性增加了风险，不建议进行高杠杆或大仓位的操作，尤其是在市场不稳定的情况下做空。近期市场的剧烈波动可能受到宏观经济因素和监管政策的影响，这些因素进一步增加了市场的不确定性。

总之，目前的加密货币市场形势复杂且变化迅速，投资者应密切关注市场动态，合理控制风险。#美国以太坊现货ETF开始交易 #比特币大会 #MtGox钱包动态 #山寨季何时到来？ #以太坊ETF批准预期