9.11 Early Trading
Technical side:
As mentioned in the early trading, the current one-hour level of Bitcoin needs to retrace. At present, the daily level has also encountered resistance near the moving average. Today, the focus is on the release of CPI data in the evening. The short-term support below is 56,000. If it breaks through 56,000, it will move around 54,000. Therefore, it will maintain a 56,000 to 57,200 oscillation during the day
Ethereum is relatively weak overall, but the daily level is currently starting to bottom out. The same thing is true. Another retracement to around 2,100 or a false break downward is still an opportunity for us. The current short-term resistance is 2,420. At present, the trend at the one-hour level is still oscillating upward, so the short-term focus is on a oscillation from 2,330 to 2,420
News side:

9.11 Tonight at 20:30 Announcement of CPI data

Total trading volume of US spot Bitcoin ETF reached US$711 million, the third lowest level since its launch

Lowering the entry threshold of US Treasury RWA product OUSG this week will allow many retail investors to enter the market to buy his US Treasury products

9.20 Sol Conference
9.10 Apple Conference

- On September 18, Token2049 opened
- On September 19, the Federal Reserve announced a summary of interest rate decisions and economic expectations
- On September 29, CZ is expected to be released from prison

#BTC走势分析 $BTC #心诚

9.10
Technical side:
Yesterday, the opening of the US stock market led to a rebound in the crypto market. The current market is not suitable for short positions or full positions. At present, the weekly level has reached a very critical critical point. MACD has returned to the zero axis. If it fluctuates and bottoms near the zero axis, it may go up, so it should be presented at a small level. The focus of the day is on the support of 56100 below. If it does not fall below, it will maintain a fluctuation between 56000 and 57200.
Ethereum has stepped back to the range and has not fallen below. The focus is on a fluctuation in a range. The range of fluctuations we need to focus on is the previous chip area of ​​2140 to 2480. Again, Ethereum can approach 2100, or break below, which is an opportunity for us.
News side:
Trump will debate with Harris on the US presidential election on September 10.
9.11 Announce CPI data

Lowering the entry threshold of the US Treasury RWA product OUSG this week will allow many retail investors to enter the market to buy his US Treasury products

9.20 Sol Conference
9.10 Apple Conference

- September 18, Token2049 opens
- September 19, the Federal Reserve announces interest rate decisions and economic forecasts
- September 29, CZ is expected to be released from prison

#BTC走势分析

9.9 Market Analysis

Technical side:
Currently, the price of Bitcoin is moving around a benign decline, and it is gradually falling. At present, the risk of Bitcoin still comes from the failure to repair the weekly level. At this position, we can only see a rebound but not a reversal for the time being. If we want to reverse, we have to pay attention to the position of 57,000 to effectively stabilize. In the short term, the range of shocks will be maintained between 54,000 and 55,800. The short-term support below is 54,000, and the strong support below is 49,000.
Ethereum has relatively more callbacks, but it also means that the opportunities are relatively large, because this year its ETF has not risen much after passing, and it will also be upgraded in the second half of the year. When we did the analysis last week, we also reminded everyone that it was possible to return to around 2100 again. For us, it is still an opportunity. Finally, it returned to around 2150. The same defense position below is still 2140. Next, we will focus on whether it can have a shock bottom at 2140 and 2340. Again, if it returns to 2100 or below, we can build positions in batches.

News side:
Bitcoin spot ETF had a net outflow last week 706 million US dollars, 12 Bitcoin spot ETFs did not achieve net inflows last week

Trump will debate with Harris on September 10

CPI data will be released on September 11

Lowering the entry threshold of the US Treasury RWA product OUSG this week will allow many retail investors to enter the market to buy his US Treasury products

Sol Conference on September 20
Apple Conference on September 10

- On September 18, Token2049 opened
- On September 19, the Federal Reserve announced a summary of interest rate decisions and economic expectations
- On September 29, CZ is expected to be released from prison
#BTC走势分析 $BTC #心诚

ONDO has two positives and one negative

1: The entry threshold of the US Treasury RWA product OUSG will be lowered next week, which will allow many retail investors to enter the market to buy its US Treasury products

2: As the leading RWA, it is currently only listed on Binance contracts
It has not yet been listed on Binance spot, but it will definitely be listed later

3. On January 19 next year, 1.94 billion tokens will be unlocked, which is equivalent to 135% of the current circulation. If the market value remains unchanged, it is equivalent to the dilution of more than half of the value of your assets

#美联储何时降息？ $BTC

Technical side:
The US stock market is going down, and Bitcoin is also going down with it. The employment data is lower than expected. At present, the overall Bitcoin market is maintaining a shock of 57800 to 58600, without too much fluctuation, but the overall major direction has not been repaired at the weekly level. We have seen that after the interest rate cuts in the past, we have repaired for a period of time before opening a big market. At present, the four-hour level is suppressed by the moving average and has been oscillating downward around the moving average. We have to wait patiently for it to go flat and bottom out before we can start a short-term small rebound. The next weekend means that there is a high probability that we will face shocks again. The support below is 55800-54000, and the resistance above is 57600.
Ethereum has not rebounded too strongly after the second exploration. Money is waiting for the boss's directional choice. If it quickly goes down to around 2100, it will be a big opportunity for us. The support below is 2430-2140, and the resistance above is 2455-2550.
BTC's ETF has had net outflows for seven consecutive days, with 200 million US dollars flowing out yesterday.

News:
The release of the small non-farm ADP last night showed that less than 100,000 jobs were added, and the growth slowed down for the fifth consecutive month, further confirming the cooling of the job market.

At the Federal Reserve's interest rate meeting on September 18, the future of Bitcoin may be determined in these three situations:
25 basis point rate cut: first rise and then fall
50 basis point rate cut: big positive (US short-term interest rate futures show a high probability of a 50 basis point rate cut)

The current interest rate is between 5.25 and 5.5 percent. It may drop below 3% by the end of 2025. The lower the interest rate, the better for the crypto market

Non-farm data will be released at 8:30 pm on Friday, with a forecast value of 16.5

Unemployment rate for August will be released at 8:30 pm on Friday, with a forecast value of 4.2%

Sol Conference on September 20

Apple Conference on September 10

- Token2049 will open on September 18
- The Federal Reserve will announce a summary of interest rate decisions and economic expectations on September 19
- CZ is expected to be released from prison on September 29

#BTC走势分析 $BTC #心诚

Let me talk about three key events today for your convenience

1: A whale bought 5,092 ethers at 2,378 for $12.11 million. This whale used 3,586 ethers to turn into 5,515. It is very good at bottom-fishing. The big one is coming in October

2: The whale/institution that built a large position of more than $72 million in $WBTC and $AAVE in August added another 50,605 $AAVE two minutes ago. It is currently quite bearish. You can pay attention to aave

3: Bitcoin ETF had a net outflow of $37.29 million yesterday, and Ethereum spot ETF had a net outflow of $37.5078 million yesterday. They have all been outflows recently. When there is a net inflow, it will stabilize

#BTC走势分析 $BTC

9.5
Technical aspects:
The support of 55800 was given to everyone the day before yesterday, and it rebounded after receiving it. The position of Bitcoin is still fluctuating in a narrow range. From the perspective of the entire daily level, it is already in a large convergence pattern. The four-hour line is suppressed by the 30-line. Overall, the long and short positions still have the advantage. If the bulls want to continue to exert their strength, we must focus on it. We need to have a medium-sized positive line to break through 58600. If it does not break through, it will maintain a range of 57000 to 58600 during the day.
Ethereum's entire large level is It has come to the previous range and has digested the previous chips. I personally think that Ethereum can be used for the first position. Whether from the shape of the entire K-line or the indicators, it has already appeared at a corresponding low level. As long as the boss does not have a big downward fluctuation, Ethereum should be stable around 2340. In the short term, pay attention to the support below 2340 and the resistance above 2550

News:
Non-agricultural data will be released at 8:30 pm this Friday, with a forecast value of 16.5
Unemployment rate in August at 8:30 pm this Friday, with a forecast value of 4.2%

9.20 sol conference
9.10 Apple conference

Affected by Ethervista and others, Ethereum Gas rose to 33 gwei in a short time

The US labor market slowed further, and the market increased its bets on the Fed's interest rate cut

- On September 18, Token2049 opened

- On September 19, the Federal Reserve announced a summary of interest rate decisions and economic expectations

- On September 29, CZ is expected to be released from prison

$BTC #心诚 #BTC走势分析

Technical side:
Yesterday, the US stock market retreated, which led to the retreat of crypto assets. This morning, it went down and hit the support level of 55,800. The market is currently falling. The current position is not easy for the big two to operate. The big cake will still fluctuate during the day. The range of fluctuations is between 55,800 and 58,000. We should try to reduce the frequency of operations in the current market. If we are doing trends, we should build positions in batches.
Ethereum is also relatively weak overall. It has reached the upper edge of the previous box and has already stepped back to 2340. According to our expectations in September, if it goes down to 2200 or 2100 again, it will be an opportunity for us. Therefore, during the day, we should focus on 2150 to 2350. Whether these two positions can form a shock repair

News side:
The non-agricultural data will be released at 8:30 pm this Friday, with a forecast value of 16.5
The unemployment rate in August will be released at 8:30 pm this Friday, with a forecast value of 4.2%

9.20 sol conference
9.10 Apple conference

Samsung's fund announced that it has invested in Soneium development team Startale Labs

a16z game fund has opened applications for startup incubation, and selected companies can receive $750,000 in investment

Ethereum L2 transaction fees have dropped significantly in the past 6 months, and L1 revenue has dropped by 99%

- On September 4, Polygon mainnet upgraded, MATIC tokens converted to POL

- On September 18, Token2049 opened

- On September 19, the Federal Reserve announced a summary of interest rate decisions and economic expectations

- On September 29, CZ is expected to be released from prison

#大盘动态 #心诚 #BTC走势分析

Three conferences that may affect the market this month:
Apple conference on September 10
TOKEN2049 (Singapore) on September 18
$Solana conference on September 20
#MtGox钱包动态 #非农就业数据即将公布

According to the 8 rebranding projects counted by PANews, most of these projects adopted a 1:1 exchange rule for token replacement, but in terms of the scale of token issuance, the average increase was 3.6 times. Among them, Router Protocol (ROUTE), Stratis (STRAX), and Self Chain (SLF) exceeded the average, increasing the supply of tokens by 5.1 times, 5 times, and 4 times respectively. In terms of the value of the additional issuance, each project issued an average of US$75 million, among which Polygon (MATIC) and Frontier (FRONT) had the highest growth in token size. In terms of dilution rate, the value of Stratis (STRAT) and Router Protocol (ROUTE) was diluted the most

DAO, the full name of which is Decentralized Autonomous Organization, is an organization that operates on the Internet based on blockchain, smart contracts, and digital assets. To put it simply, the rules of the organization's operation are compiled into the blockchain, with smart contracts as the referee, without third-party supervision and management, and everything goes according to order, automatically and fairly.

In DAO, the blockchain has the final say, and each node is an equal VIP. There is no distinction between senior employees and employees, and most people are the helmsmen. Smart contracts are the transparent capital of the team, which can guarantee the right of everyone in the organization to express their opinions freely.

In the operation of modern enterprise organizations, whether it is a flat management or a state-owned enterprise managed from top to bottom, they are all based on a set of management systems. There are the board of directors (decision-making level), senior management (CEO/CFO/COO, etc.), middle-level managers, and grassroots employees. The more levels there are, the more things there are, and the more people are tired. Salary, position, and conflicts of interest are all points of conflict. 80% of the time is spent on solving "people" problems, and 20% of the time can solve things.

Then in DAO, many people's tedious verification and promotion will be reduced, and members will use software and code to manage affairs. Software code is in charge, things are done, efficiency is high, and everyone can save acting in the palace drama. The organization does not even need legal certification or written contracts, it can operate with blockchain and smart contracts.

Of course, at the current stage, DAO will definitely have various problems. It may not be suitable for all industries. But with future development, many scene application targets will become a reality.
#DAO治理 $BTC #非农就业数据即将公布

ONDO

Ondo Finance is a DeFi protocol built on Ethereum, which directly transfers from traditional liquidity services to the monetization of real-world assets (RWA). It hopes to build a bridge between crypto assets and the real economy through innovative financial products.

Ondo provides financial products based on underlying assets such as US government bonds, notes and currency market funds, providing diversified choices for investors with different risk preferences. The management fee rate is not high, 0.15%.

If you use the logical thinking of bull market investment, you should not only look at the market value, but also look at the consensus, the leader, the growth potential, the team, the investment institution, and the market maker.

ONDO has a good position in the RWA track. This track can carry a large amount of funds. To put it bluntly, it can attract money from outside the circle. Where the money flows, there is value. In addition, ONDO is one of the few compliant projects in the field. If traditional funds want to invest in RWA, ONDO is definitely the first choice. At the same time, ONDO has also been endorsed by first-tier investment institutions, and both the capital and capital market makers are regular investors on Wall Street.

At present, ONDO is still in a very early stage. When the market fomo starts, any profit of the RWA race will have nothing to do with ONDO, and the currency price will be driven up by the market, and the value is far from being discovered.

#Ondo $BTC #非农就业数据即将公布

Important events this week:
Monday, September 2
US stock market closed for one day
Wednesday, September 4
Canada central bank announces interest rate decision
Thursday, September 5
US initial jobless claims for the week
US ADP employment in August
Fed releases Beige Book on economic conditions
Friday, September 6
US unemployment rate in August
US seasonally adjusted non-farm payrolls in August
Fed official speeches
#心诚 #美联储何时降息？ #非农就业数据即将公布

Technical aspect:
After reaching the support level given yesterday, it rebounded. The current short-term support of 57,000 is quite strong. From the perspective of the entire market, the current range of fluctuations has changed from wide fluctuations to narrow fluctuations, which means that the market is about to change. The weekly MACD has gradually returned to the zero axis. The daily level can be used to make the first position. According to the time cycle, if it continues to fluctuate at 57,000 this week and next week, there may be a wave of upward interest rate cut expectations for us. In summary, as long as we dare to pull back, it is an opportunity for us. The intraday fluctuation range will be maintained at 57,000 to 60,800.
After Ethereum reached the corresponding resistance level yesterday, it retreated slightly. At present, we have to look at the boss's face. If it breaks through 2550 on the daily level today and tomorrow, there is a chance to touch 2700 upwards. If it does not break through during the day, it will still fluctuate from 2460 to 2560. Ethereum can make the first position at this position!
Wait patiently for low-level chips, don't sell at the bottom, hold on to the dawn

News:
Non-farm data will be released at 8:30 pm this Friday, with a forecast value of 16.5
Unemployment rate for August will be released at 8:30 pm this Friday, with a forecast value of 4.2%

Sol Conference on September 20
Apple Conference on September 10

Currently, BTC computing power is at a low point, and miners are not making much money, indicating that the market is close to the bottom

Long-term holders (wallets that have held for more than six months) continue to accumulate Bitcoin at record levels, with their total balance hitting a monthly high of 391,000 BTC this week

- On September 4, Polygon mainnet upgraded, and MATIC tokens were converted to POL

- On September 18, Token2049 opened

- On September 19, the Federal Reserve announced its interest rate decision and a summary of economic expectations

- On September 29, CZ is expected to be released from prison

#心诚 #大盘动态

September has historically been a challenging month for Bitcoin, but history is not destiny. With the major selling pressure from August absorbed, long-term holders resilient, and Bitcoin ETF approval imminent, the tide may turn. Add in favorable interest rates and regulatory support, and September may surprise us. Stay tuned, and let’s explore the cryptocurrency market together!
#美联储何时降息？ $BTC

Data release and interpretation this week:

Monday (September 2) TON Asia

Tuesday (September 3) US August ISM Manufacturing PMI

Wednesday (September 4) Bitcoin Odyssey

Thursday (September 5) US August ADP employment; Meta Expo Dubai 2024

Friday (September 6) US August unemployment rate; US August seasonally adjusted non-farm payrolls

On Friday (September 6), the Federal Reserve's "number three person", FOMC permanent voting member, New York Fed President Williams and Federal Reserve Board member Waller will speak successively.

(1) Non-farm payrolls:
Abbreviated as non-farm; reflects the changes in the number of non-farm employment in the United States, that is, excluding the employment data of the agricultural sector; usually released on the first Friday of each month. If the data is better than expected, it indicates a strong job market, which may boost market confidence and have a positive impact on the cryptocurrency market. If the data is worse than expected, it may cause market concerns about the economic outlook and put pressure on the cryptocurrency market.
The non-farm payrolls report released in July showed that the number of non-farm payrolls in July increased by 114,000, the lowest since December 2020, far below the expected 175,000, and a sharp drop from the previous value of 206,000 (revised down to 179,000); the unemployment rate in July rose by 0.2 percentage points from the previous month to 4.3%, the highest since October 2021, exceeding the expected 4.1%.
As the non-farm data in July was far below expectations and the unemployment rate triggered the Sam Rule, a recession indicator with an accuracy rate of 100%, market panic was ignited. After the data was released, traders began to bet on the possibility of a 50 basis point interest rate cut in September and predicted that the interest rate cut this year would exceed 110 basis points.
In addition, the revised annual employment data for March released at the end of August showed that the annual non-farm payrolls were significantly revised down by 818,000. In the past three months, employment growth reached 170,000 per month, indicating further weakness in the labor market and increasing the possibility of a Fed rate cut.
On August 26, Goldman Sachs analysts Jan Hatzius, Alec Phillips, David Mericle and others released a report saying that the data revised downward by 300,000 or 25,000 per month is accurate, the basic rate of overall employment growth is about 160,000 jobs per month, and the data implied by the Quarterly Employment and Payroll Census (QCEW) is misleading.

Published: September 6, 20:30
Expected: 16.5
Previous value: 11.4
#非农就业数据

9.2
Technical aspects:
After Powell’s positive speech last month, the market has been continuously adjusted. It can be found that the liquidity of the entire market is still very poor, and it has returned to the previous rising position. The current fluctuation range of this position is getting smaller and smaller, which means that the market is about to change. At the current daily level, it still takes some time to repair, but it is worth noting that as long as we dare to quickly insert the pin, it is still an opportunity for us. The support below is 57000-55000-54000, and the resistance above is 58600～60000
Ethereum's market is weak, and it has returned to the range. The focus of the support below will be 2340. If it can continue like this and touch around 2100, it is still an opportunity for us. The resistance above is 2550
Mentougou still has more than 30,000 BTC

News:
Non-agricultural data will be released at 8:30 pm this Friday, with a forecast value of 16.5
Unemployment rate in August will be released at 8:30 pm this Friday, with a forecast value of 4.2%

"The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 67%, and the probability of cutting interest rates by 50 basis points is 33%.\nThe probability of the Federal Reserve cutting interest rates by 50 basis points by November is 45.2%, the probability of cutting interest rates by 75 basis points is 44.1%, and the probability of cutting interest rates by 100 basis points is 10.8%. "

9.19 interest rate decision

#BTC☀ #大盘动态

Looking back over the past year, the BTC ecosystem is following the path that ETH has taken in a super-concentrated way.

First, hype: on-chain assets (inscriptions)

Second step: expansion (Merlin)

Finally: Staking/Restaking

First half of the year:
ETF benefits have been released, and meme PVP is heating up. The concepts of sol base ai depin rwa restaking ton have been performed in turn.

What is the next key narrative?

Technical aspect:
The current technical disk still needs to maintain volatility. The weekly price is currently in an upward wedge shape. It is still subject to large-scale suppression and small-level repair. The short-term support during the day is 58100, and the upper resistance is 61600. It has returned to the previous range for volatility. Again, if the offline fast insertion is still an opportunity for us, but the weekly MACD cannot break the zero axis. In summary, short-term volatility is needed. Support: 58100-55800, boring market!
Ethereum closely follows Bitcoin. From the perspective of the entire exchange rate, it has reached a corner. At present, the daily level has been tested twice. Focus on the 2340 below and do not break through. If it breaks through, it will still move around 2100. The intraday fluctuation range will be between 2435 and 2570.

News:
Telegram Wallet: TON network resumes full operation. It experienced a second block interruption in the early morning of today.

Telegram founder Durov was prosecuted and released under judicial supervision and is prohibited from leaving French territory.

OpenAI is negotiating financing with a valuation of over 100 billion US dollars, and Microsoft continues to follow up.

Nvidia's second quarter revenue increased by 122% year-on-year to 30 billion US dollars, higher than expected.

About horseshoe currency exchange

2024-09-10 03:00 (UTC+8), Binance will delist all existing MATIC spot trading pairs

2024-09-13 10:00 (UTC+8), Binance will open trading pairs for the new currency POL

BTC and ETH options with a nominal value of approximately $4.816 billion will expire on Friday

Unemployment benefits will be announced at 20:30 on Thursday
PCE data at 20:30 on Friday

#心诚 #大盘动态 $BTC

This round of bull market is really not fun anymore😳😳😳
Those who hold on to spot stocks are almost dead in the end🍆
Except for Sol, BTC has been fluctuating back and forth recently, killing contracts and making it hard for copycats. Copycats have been falling from March to August, setting a new bottom line. Eth institutions are selling, retail investors are selling, whales are selling, and market makers are selling. Coins listed on exchanges are mushrooming, and more and more. Every time a new exchange is listed, it will withdraw liquidity from other targets to provide liquidity for new coins, causing other coins to fall. I used to hear others say that blockchain is revolutionary, but now it is just a stinky coin speculator, losing ideals and beliefs. Some friends can't stand the long-term layout and are ready to start cutting losses. If I knew the ending would be like this, I guess most people would not choose to enter the coin circle. It's really hard for people in the coin circle this year. Let's see if early October can be a turning point this year. Come on, coin holders
#心诚