BTC has broken through 71,000 and is only a little bit away from a new high. What about your coins?
BTC has reached 71,000 today. The moment of decisive battle has come. The charge has been sounded, the bullets have been loaded, the bayonets have been inserted, and the long and short sides are about to enter the final stranglehold. In 3 days at most, we will know whether it will break through the new high in one go or go down in a hurry. I hope BTC is a scumbag who says he will go in and never go in, but when you are not careful, it will go up in a hurry.
The price of Bitcoin rose from 15,000 to 70,000, but the price of the copycats did not rise, and it fell back from 70,000 to 49,000. This lasted for more than half a year, and the copycats continued to rise for more than 180 days. Some copycats even hit new lows.
The key to quantitative trading lies in strategy; I will try the UPlus intelligent quantitative.
Nowadays, there are many types of quantitative trading both domestically and internationally, including grid-type quantitative trading platforms. I frequently use state-owned monopoly stocks for systematic investment and systematic selling, which have a high yield. Since 2022, I have completed four rounds of trading, and so far, every round has been profitable. This is actually a kind of quantitative strategy, but its disadvantage is the long cycle; I can only invest one to two rounds a year. The strength of quantitative trading is overcoming personal greed and fear.
In today's rapidly changing financial market, quantitative trading, as a trading method based on mathematical models, statistical principles, and computer technology, has gradually become a force that cannot be ignored in the market. Quantitative trading not only changes the traditional trading model but also provides investors with a new perspective and tools to achieve more precise and efficient investment decisions. As the name suggests, quantitative trading involves using quantitative analysis methods, advanced mathematical and statistical models, combined with computer technology for investment decision-making. Unlike traditional qualitative trading, quantitative trading emphasizes the role of data, models, and algorithms to pursue stable and replicable investment returns.
Focus on Grayscale's Recently Launched Trusts in 2024
Which stage is the market currently in? A simple judgment can be made from Grayscale's holdings. From 2022 to 2023, Grayscale has never increased its holdings of any token. But this year is different, with significant increases in holdings of tokens like SUI, STX, NEAR, TAO, MKR, etc. It shows that Grayscale is very optimistic about the upcoming bull market, indicating that the market might already be in a bull market. When Grayscale significantly reduces its holdings, it will indicate that this bull market is nearing its end.
As one of the top crypto asset management companies globally, every trust fund launched by Grayscale receives significant attention from the crypto market. For the market, trust funds provide legitimacy and recognition for specific crypto assets.
The Major Bull Market in the Cryptocurrency Space Has Begun: Sui Breaks Through the Previous High of $2.18, Establishing Its Leading Position
On October 12, 2024, the new public chain token Sui broke through the previous high of $2.18, establishing and replacing Bitcoin as the leading asset in the cryptocurrency market, heralding the commencement of the major bull market in 2025. The official confirmation of the major bull market in the cryptocurrency space in 2025 is still pending Bitcoin's effective breakthrough of $73,000 again. We are currently in the early stages of the bull market, with overall coin prices quite low. When Bitcoin effectively breaks through $73,000 again, many altcoins will rise significantly, and retail investors will hesitate to invest. Today marks exactly seven months since March 14, 2024, when Bitcoin reached its historical high of $73,000, and this situation is clearly a washout pattern characterized by sideways movement instead of a decline.
Grayscale will add 35 crypto assets in the future, and will focus on 7 currencies!
At present, the market share of Bitcoin has risen faster than in previous bull markets, showing a unilateral blood-sucking state. We can also make a comparison of this data. The current market share of Bitcoin is 58.84%. The last 58.8% in history can be traced back to around April 5, 2021. It can be seen that the price at that time was exactly at the peak of 21 years, when it was almost 60,000 US dollars. It can only prove that the global consensus of Bitcoin is very high, and large institutions like to hoard Bitcoin. However, historical experience can also show that the Bitcoin season and the cottage season are alternately rotated. After the Bitcoin pull-up is completed, the next round of the cottage season may not be far away.
Well written, DeFi could really make a lot of money a few years ago
LIVE
Crypto晴天
--
Five years have passed since the first year of DeFi! How does ListaDAO and BNB reshape the glory of DeFi?
Looking back at DeFi, it started in 2018, and after a year of dormancy, it began to emerge in 2019. 2019 has become the recognized first year of DeFi. Let’s take a look at the current development momentum of DeFi. DeFi applications were also affected by the 312 black swan event in 2020, and the locked value has declined significantly. Later, as the price of the currency recovered, the locked value of DeFi slowly returned to its previous level, and there was an explosive growth in June 2020. It took about a month to double from 150 million to 300 million. You can imagine how popular it is! 🔥🔥🔥
I made 44,300 in the cryptocurrency world in August, which is terrible. I earned 743,000 yuan in the cryptocurrency circle in September. I finally achieved my goal of earning 500,000 yuan a month. And I exceeded it by a lot. Today is October 7th. I made 13,000 today. Let's see how much I can make in October.
I plan to use the money I earn to buy U.S. stocks. I still managed to be penniless and live a very simple life. Why am I like this? Because I am not obsessed with material things. I am completely unable to satisfy myself through consuming material things. I believe from the bottom of my heart that spending a lot of money on consumer goods is like being ripped off. I don't like doing this. I don't have any big goals in life.
The "Crypto Wealth Report 2024" was released by Henley & Partners, which provides a detailed analysis of the wealth distribution and growth trends in the global cryptocurrency market. As of August 2024, the number of cryptocurrency millionaires worldwide increased by 95% year-on-year to 172,300. Among them, the number of individuals holding Bitcoin assets of more than $1 million increased by 103% to 85,400. The report also pointed out that the number of individuals with cryptocurrency assets exceeding US$100 million increased to 325, and the number of billionaires increased to 28, an increase of 6 from the same period last year. This significant growth is primarily due to the successful launch of the Bitcoin ETF and its rapid growth. Since being approved in January 2024, the asset size of Bitcoin ETF has exceeded US$50 billion, and the participation of institutional investors has increased significantly.
In the cryptocurrency world, I dare say that 99% of people believe that they want to get rich. They would say, if I don’t want to make money, why would I come to the cryptocurrency circle? This set of values makes most people lose miserably. If the concept is wrong, the outcome is already doomed. A friend who had been unlucky in the past few years has started to get lucky this year and has become rich. When he talked to me about coins, he asked me how this and that were. I said that I should just buy Bitcoin, because other coins are easy to lose money. He said that I have never lost money. I asked him why he said that. He said that this is how he plays with coins, and he only buys a few hundred of each. I didn’t do much. I could make tens of thousands of dollars when the bull market came. It was like this every time. His most classic case was that he bought a coin called lend very early on, which was later converted into aave and rose tremendously. He bought this lend for 5,000 yuan, and later it rose to hundreds of thousands.
During the Great Depression, ordinary people could only survive by staying away from cities and having food and Bitcoin.
During any depression, ordinary people can only stay away from cities, have food and Bitcoin. Otherwise, they will die. We can refer to the Russian economic depression in the 1990s, when the Soviet Union had just collapsed, and shock therapy caused the entire Russian economy to collapse completely. There were gangs and black societies everywhere, and these gangs were professional, doing both black and white. Some of them even came from the KGB, and they were professional at killing people and robbing goods. They were not only cruel but also professional. Ordinary people were not as good as these gangs in all aspects. The worst gangs were all from the Russian big hats. Their skills were also beyond ordinary people. Double-dealers were everywhere, and they were white on the surface, but actually colluded with the black, and there was no place to redress their grievances. In the face of the Great Depression, the real white could only turn a blind eye, after all, they still had to rely on these gangs to generate income.
It has been more than three months since the Bitcoin halving. In the past, after each halving, the price began to fall and fluctuate for a period of time, and then a violent bull market began.
The current price has also fluctuated at a high level for several months, and the cycle is almost over. In the short term, it has begun to fall rapidly, so after this wave of wash-out, we will start to welcome a violent bull market. If you agree, please like it!
On Monday, the global capital market plummeted, marking Black Monday. The Japanese stock market fell 12.4%, triggering a circuit breaker; the South Korean stock market plummeted 8.77%. Market sentiment was in a state of panic. The crypto market continued to plummet after the weekend's sharp drop, with Bitcoin falling below $50,000 and Ethereum falling to the $2,000 mark. A large amount of leveraged funds were liquidated, and blood flowed like a river. What caused this? The crypto market is full of hype and has no internal driving force because there is no large-scale ecological narrative. As the high diluted market value (FDV) of the altcoins incubated by VC institutions continues to be unblocked and cashed out, the market is under great pressure of capital outflow. The rise of the crypto market is more driven by the emotions and leverage brought by ETF funds. The influence of the external macro environment determines the trend of the crypto market.
5 low-priced tokens expected to be listed on Binance
Potentially bring 20 times return, 5 currencies with a high probability of 50-100 times return
1. $DSYNC Provides decentralized solutions for the Web3 world, aiming to enhance privacy, reduce censorship and eliminate downtime by decentralizing key Internet infrastructure. • Market value: $285 million, price: $0.3
2. $BANANA Is a Telegram robot for sniping and trading tokens on Ethereum, with tools such as automatic sniping, anti-carpet and private transactions. • Market value: $107 million, price: $41.5
3. $PRO Use automated trading technology to revolutionize the real estate industry, making transactions online, secure and efficient on smart contracts. • Market value: $238 million Price: $2.3
4. $CGPT ChainGPT develops artificial intelligence solutions for Web3, improving the blockchain and crypto space through tools such as artificial intelligence chatbots, NFT generators and smart contract auditors. • Market value: $114 million Price: $0.24
5. $GHX is an expert community that integrates gaming and blockchain technology, and has been focusing on crypto mining, NFTs, and digital gaming economies since 2017. • Market value: $101 million Price: $0.15
If you want to dig deeper into the cryptocurrency world, but can’t find a clue, are confused, and can’t see the direction, click on my avatar and look at my profile to find me. Daily market analysis and high-quality potential currency recommendations. #PEPE创历史新高 #BTC走势分析 #新币挖矿 #5月市场关键事件 #ETH $PEPE
Why is it said that there will be speculation expectations in the cryptocurrency circle before the interest rate cut?
1. Signs of capital inflow: Grayscale, BlackRock and other large institutions' spot Bitcoin ETFs have seen net inflows in recent times, which shows that the market demand for Bitcoin ETFs is very strong, indirectly reflecting the optimistic outlook for the future of Bitcoin.
2. Expectations of the Fed's interest rate cut: The Fed said it would cut interest rates twice this year, which will definitely allow more traditional financial funds to flow into the cryptocurrency circle and bring new impetus to the crypto market. The decision to cut interest rates will have an impact on the cryptocurrency circle, especially the gold market. As long as the interest rate is cut, the cryptocurrency circle still has a lot of room for upward movement.
3. Market sentiment: Every time a new low is reached, there are institutions taking over, which shows that the market is waiting for the interest rate cut decision to determine the future direction of operation.
4. Economic impact: As long as the interest rate cut is implemented, the cryptocurrency economy will still grow steadily and gradually, and the good news will still be greater than the bad news, and there is a high probability that it will rise. Therefore, spot users can continue to wait for the main rising wave to arrive.
In summary, there will be speculation expectations in the cryptocurrency circle before the interest rate cut, mainly because of factors such as the market's expectation of more capital inflows, the Fed's interest rate cut decision, market sentiment and economic impact. #现货以太坊ETF获美SEC批准 #现货以太坊ETF获美SEC批准 #BTC走势分析 #新币挖矿 #山寨币热点 $BTC $ETH $BNB
1. This bull market is different Many people should feel that this round of bull market is significantly different from the previous round, mainly manifested in: The wealth effect is insufficient. There is no general rise in the market like the last round. The choice of the target is very important. If you are not careful, you will lose money. Most currencies cannot outperform BTC. The trend of value coins is often not as good as Memecoin. Many value coins listed on the stock exchange are on a downward trend. The sector is seriously divided, and funds only circulate within their own ecosystem, and the rotation is not smooth, giving the market the feeling that there is no synergy. The airdrop industry has become very competitive due to the scripted and clustered development, which has led to many impacts.
Is the ETH ETF approved? Why didn’t it surge as expected?
The U.S. Securities and Exchange Commission (SEC) approved plans for spot Ethereum ETFs from the New York Stock Exchange, Chicago Board Options Exchange, and Nasdaq. The SEC has not yet issued full approval for spot Ethereum ETFs and still needs to approve the issuer's plan. Currently, Ethereum's ETF has successfully passed the first core document 19b-4. The remaining core key documents S1/S3 (documents that Grayscale needs to approve) need to wait for final review. Theoretically, it will take a few days to a few months at most. However, judging from the opinions of professionals in the United States, there should be specific news within a week.
The highest price of big cake in the past day was 70080, and the lowest was around 66260 (European Yi spot price from 8:00 to 8:00), the real-time over-the-counter oil price was 7.25, and the European Yi long-short position ratio was 1.59. From the current hourly candlestick chart, the strength and weakness indicators are consolidating in the normal area, the MACD double lines are entangled below the zero axis, the trading volume has increased significantly year-on-year, and the moving average pattern is arranged in a short position. In the four-hour candlestick chart, the strength and weakness indicators are slightly weaker and oscillate at a low level, the MACD second dead cross is close to the zero axis, the trading volume has increased significantly year-on-year, and the moving average pattern is oscillating and biased to the short side. Comprehensive analysis: Big cake is dominated by shorts during the day; the direction is oscillating and biased to the short side from the evening to tomorrow. The main operation during the day is short-selling. In the past day, the big cake support is 67150-66300, and the risk control is 65800. Pressure 68100-68800, risk control 69250. (Views are for reference only, please make independent judgments on the market and trade, invest carefully, and bear your own risks.) The analysis results of the previous day: During the effective period (until 8 am), the support was 68850-68150 with a stop loss of 800 points, and the pressure was 69800 with a profit of more than 3500 points. $BTC #BTC走势分析 #BTC #5月市场关键事件 #以太坊ETF批准预期 #新币挖矿
The price will hit the 0.382 range in a while, and the volume will shrink. Enter the market with long positions. The range of 72,000 to 66,000, if this is the stage bottom, it will definitely fall back to confirm.
Eat 4,000 dollars and leave when it is close to 70,000! $BTC
How will the results of ETH's ETF tonight affect the market?
1. Failure Negative. Ethereum plummeted across the board, and it may even drive the market down.
2. All ETFs passed at once Negative. Just like BTC's ETF, all passed on the same day, it means that Grayscale's ETH ETF will also pass. Grayscale holds 3 million ETH, with a market value of 11 billion US dollars and a management fee of 2.5%. Because early users have been trapped for 2 or 3 years and can finally sell, coupled with high management fees, there will be a huge sell order in the short term. It is likely to repeat the market situation two weeks after BTC's ETF was passed, when BTC fell from 48,000 to around 40,000.
3. Only vanEck's ETF application was approved according to the application time Negative. According to the application time, Grayscale's ETF will be reviewed on June 18. Before that, there are three ETFs from vanEck, ARK&21shares, and hashdex that need to be approved. This means that before June 18, ETFs will be almost all buying orders, and there will be no selling orders. It will be a major positive for the market, and Ethereum will hit a new high.
4. Half-passed Both negative and positive exist at the same time. That is, only the 19b-4 document is passed, and the s1 document will be approved later, which may take weeks or months. This situation is the most complicated, because there will be funds dumping the market after the good news is implemented, but the expectation of full approval in the future is also a positive. The two are intertwined, funds are playing games, and long and short battles.
However, no matter which of the above results, for long-term holders, it can be ignored. After all, ETFs are incremental funds in the long run. Bitcoin will eventually rise to 100,000, and Ethereum will also rise to 10,000!
Bull market does not mean profit, how can we exit cautiously?
After entering the cryptocurrency field for a few years, I deeply feel the difficulty of this market. Today, we are in a fiercely competitive stage. Facing multiple pain points such as venture capital drama, SEC crackdown, cultural coins, poor token economic models, and high FDV projects, we need to be extra cautious in this bull market to avoid capital withdrawal due to market fluctuations.
We must be cautious because a startup that has not yet achieved practical results is valued in billions. How can such a situation not be worrying? But no one seems to care about this issue, but I think we should care because we love cryptocurrency. It is very painful to see a practical project with bad tokenomics and backed by top venture capital.
I don’t know what went wrong in this field, but no matter what it is, we need to reflect and think about how to change the world through blockchain and cryptocurrency. Otherwise, we will continue to drift. Anyway, long story short.
This bull market cycle is complicated; if you are not careful and cautious, many users will eventually suffer capital withdrawal.
I have witnessed this situation firsthand, so I can testify. To exit this bull run with good liquidity, it is important to understand the difference between trading and investing.
Trading involves strategy, timing, and understanding of market trends. Investing is a long-term belief in the fundamentals of a project
If we confuse these, we are setting ourselves up for failure.
As a crypto enthusiast, you should know why you are here and focus on it, because our goals in life are different. It is also important to remember that the bull run is a once-in-a-lifetime opportunity, but it also becomes a trap if you are not careful. People tend to hold on too long, expecting the market to continue to climb, but when the market corrects, their gains evaporate. Many people, including me, learned the hard lesson in the last cycle.
Consider the stories of the previous cycle. Some knowledgeable traders were convinced that the bull run would never end, and they watched their portfolios rise and then fall.They believe in their projects, their tokens, and their exchanges. They work hard, interact with the market, provide liquidity, stake tokens, participate in governance votes, and so on. They are like cells of a larger organism, driving the growth of the protocol. But they don't take profits, and that's where they fail.
To avoid experiencing a retracement in this cycle, I think we can do the following things: Continuously learn from the mistakes of others: Some mistakes include not believing in your own beliefs, not taking action, not taking profits, etc. Set clear profit targets: If you want to succeed here, decide when to take profits. Whether it is a 20%, 50%, or 100% profit, having a plan can help avoid emotional decisions. Diversify your portfolio: Don't put all your eggs in one basket, spread your investments across different projects to reduce risk. Stay informed: As a cryptocurrency investor, you must always pay attention to market news, project developments, and macroeconomic factors. As the saying goes, where your money is, there your heart is. Don't be greedy: The temptation to wait for the next big rise is great, but the market is unpredictable. Sometimes, it is better to lock in smaller but guaranteed gains. Taking profits should be an important part of your strategy.
As the market heats up, it’s easy to get caught up in the excitement and forget that what goes up must come down, so start planning now. Consider taking profits in the year-end months, as now is the time to buy, not sell. This market is different than 2021 and will test your resolve and strategy. However, with careful planning and strict execution, you can avoid the pitfalls of a drawdown.
Stay sharp, stay informed, and most importantly, take profits. This bull market could be your biggest opportunity if you can take advantage of it. #以太坊ETF批准预期 #美众议院通过FIT21法案 #BTC走势分析 #5月市场关键事件 #ETH $BTC $ETH