EDU is currently at $0.56, this price point is a good entry.
If there’s an opportunity later, we could add more when the price drops to $0.52.
It is a small market cap altcoin, with a market cap of about $188 million, and there are no unlocking events in the short term.
Big brother CZ has been recommending it and has particularly emphasized the need to focus on the education sector.
Currently, its market hasn’t really taken off yet, and there isn’t much downward space left, but there is plenty of upward potential, and there are also large institutions investing in it.
So in the short term, there is a certain probability that it will be violently pumped up, so everyone can prepare to enter early.
If Ethereum experiences a surge in market trends, it will definitely lift related projects in the Layer 2 network, and at that time, OP will be one of the direct beneficiaries.
From the weekly chart perspective, OP has not yet started a significant upward surge.
So, right now is a good time to position in OP. Although it has already risen about 10% today, we can wait for this wave of market to correct before positioning. However, when positioning, it's important to control the position size to guard against potential risks. Additionally, the projects SOL and BNB are also worth keeping an eye on.
Bitcoin (BTC) has successfully broken through the significant barrier of 90,000!
Looking at the current market situation, it feels like we are not far from 100,000.
What’s happening in the market now? It’s that Bitcoin is surging up, attracting the entire market's attention, and a lot of funds are flowing into Bitcoin.
Then, Bitcoin will pause and start consolidating, as if taking a breather. At this point, those funds begin to slowly flow towards other altcoins, pushing the altcoins up as well, making up for the parts that haven’t increased enough.
This situation usually occurs after Bitcoin's market share declines, and looking at past situations, it has a certain pattern and shows periodicity.
Generally speaking, if Bitcoin's trend is particularly strong, it often indicates that good opportunities will arise for altcoins later.
SUI Price Weekly Increase Reaches 69%, Setting a New All-Time High!
SUI's price has reached an all-time high, with an increase of over 69% in the past seven days. The recent rise has been strongly supported by robust technical indicators, such as the bullish EMA line and the recovering BBTrend.
SUI Total Locked Value (TVL) Hits New High
SUI's total locked value (TVL) reached a historical peak of $1.36 billion, showing strong investor interest and indicating that its usage is increasing.
Total locked value (TVL) represents the total amount of assets staked or locked in blockchain smart contracts, and it is a key factor in measuring the health and adoption of a platform.
SOL Need to pay attention to the position in the range of 209 to 219.7.
1. Situation of Holding the Range If SOL can steadily stay within the position range of 209 to 219.7 on the hourly level, it is highly likely to continue to surge upwards afterwards. At this time, the target positions to pay attention to above are approximately at 224.4, 230.7, and 235. Investors can use this to predict its upward trend and possible resistance situations.
2. Situation of Breaking the Range If SOL breaks below 219.7 on the hourly level today, it will enter a correction mode on the hourly level. In this case, the support positions to pay attention to below are approximately at 215.4, 211.5, and 207.7. Investors can monitor these support positions to assess the depth of the correction and potential stabilization points.
BNB Analysis The key position to watch is 646.7.
1. Situation of Not Breaking the Range As long as BNB does not break below 646.7 on the hourly level, it is highly likely to continue to push upwards. At this time, the target positions or resistance positions to focus on above are approximately at 660, 667.3, and 672.9. Investors can rely on this to grasp BNB's upward trend and possible pressure situations.
2. Situation of Breaking the Range If BNB breaks below 646.7 on the hourly level today, it will enter a correction phase on the hourly level. In this case, the support positions to pay attention to below are approximately at 638.5, 628.6, and 616. Investors can monitor these support positions to judge the depth of BNB's correction and possible stabilization points.
👀👀👇👇The correct way to buy BTC and DOGE right now should be as follows: 1. Choosing the right time to buy Buy on the dip: You should buy during a downtrend, but be careful not to break through the selected trend channel (preferably select the core trend channel). This type of buying during a specific condition of decline may allow you to catch a relatively suitable price.
Buy sideways: First, choose a period; when the moving averages show a consolidation state forming a sideways market, that’s the time to buy. At this point, the market is relatively stable, providing some opportunities for entry.
Buy on contraction: After a small bullish candle appears, find a point that has a suitable risk-reward ratio and is in a contraction state, close to the platform point to buy. This way, you can strive for better returns under relatively controllable risks.
2. Situations to avoid buying
Do not buy when a large bullish candle appears. This means that when a single bar has a gain of dozens of points, or when there is a gain of dozens of points away from the platform support, absolutely do not enter. Because in such cases, the price may have already reached a high point in the short term, and the risk of subsequent pullbacks is significant.
In short, when purchasing digital currencies, choosing the right timing and price is crucial, and the key is to have enough patience.
😀😀😀 The understanding king is really hot, let's ride the heat
Let's talk about the impact of Trump's election on the global economy
In terms of trade policy If Trump is elected again, he will continue to implement protectionist trade policies, such as increasing tariffs and renegotiating trade agreements. This will impact the global trade system, shrinking the scale of international trade and altering its flow, which will have a significant negative impact on emerging market countries closely tied to US trade (such as Mexico).
In terms of inflation and monetary policy His policies may lead to a rise in short-term inflation due to his tax cuts and increased government spending plans, which could exacerbate supply-demand imbalances and push prices higher. This will affect the global inflation environment, with emerging markets particularly susceptible to capital outflows and currency devaluations.
In terms of the dollar exchange rate The outcome of the US election will affect the dollar exchange rate. If Trump is elected, a comprehensive increase in tariffs may strengthen the dollar, which has significant implications for the global financial market and trade.
In terms of the global economic landscape His election will also affect the global political and economic landscape. Trump is likely to adopt a more hardline foreign policy, which may lead to strained international political relations, disrupting the global trade and investment environment.
In terms of specific industry impacts Some export-oriented companies, such as German car manufacturers and luxury brands, may face difficulties after the US election results are announced, as trade tensions may escalate again. Additionally, the renewable energy sector may also be affected by policy changes.
In terms of cryptocurrency and technology policy Trump and the Republican Party strongly support the development of cryptocurrency and artificial intelligence in the tech sector, which will have a positive impact on related industries.
Therefore, Trump's election will not only influence domestic economic policies in the US but also have far-reaching effects on the global economy through various avenues such as trade, inflation, and exchange rates, making it a focus of global attention. #牛回速归,晒晒你的持仓? #DOGE看涨情绪飙升 #BTC连续破新高,你看到多少?
Dogecoin (Doge) has been incredible this month, rising directly by 190%, it is indeed the most powerful altcoin, and that reputation is well-deserved! It's simply a grand celebration for the dogs!
The bullish sentiment for DOGE has soared, and friends holding Dogecoin must be the happiest during these days. Looking at this period, the positive news in the crypto circle has been continuous, with interest rates lowered in the U.S. in October, followed by Trump's victory in the presidential election, and another rate cut just a few days ago. Moreover, Elon Musk has been continuously promoting Dogecoin, undoubtedly raising the market's heat and increasing the inflow of funds in the crypto space.
Bitcoin has already surpassed 80,000, and Ethereum, which has been criticized by everyone, has also performed well this time. However, if we talk about the coin with the largest increase and the highest influence, it must be Dogecoin.
Last week, the U.S. election concluded, and after Trump's victory, Bitcoin (BTC) successfully broke through the head and shoulders pattern, causing its price to soar by 16.86%.
Such a large-scale rebound has significantly enhanced Bitcoin's dominant position in the market, with its dominance approaching 60%.
At the same time, on the Binance platform, the price of the Bitcoin to USD trading pair (BTCUSDT) reached a high of $81,846.
According to analysis forecasts, Bitcoin is set to test two key support areas: Support Area 1 is in the range of $73,000 to $70,000; Support Area 2 is in the range of $64,000 to $61,000. #SUI的单边行情 #DOGE飞”狗“在天 #BTC挑战8W2大关
The trend has pulled back, so where will it continue to rise next?! At the beginning of the week, the market opened with gains, which clearly signals us; the highs are continuously refreshed, and the support levels below are also steadily rising.
With the bullish momentum driven by yesterday's strong candlestick, from midnight until this morning, the upward momentum has not stopped, interspersed with pullbacks to organize and correct a bit, and the retracement space is quite reasonable. Right now, the price is firmly standing above 78000, continuing to organize and correct, all this is gathering strength for the upcoming rise.
The moving average indicators are also trending upwards; now the daily chart has been consecutively showing bullish candles, creating a strong one-sided upward trend.
In a bull market, they say "do not call the top"; this saying is quite reliable right now. Overall, the big direction is still bullish. Although the bulls have paused a bit after the volume increase in certain areas, this is just temporary, and the market still has the potential to continue pushing upward.
The previous rise and rapid pullback were also anticipated by the market, and as long as the starting point of the Asian session is broken, it will be difficult to see a decline afterward. Therefore, the outlook for the future market is still primarily bullish.
Trading Suggestions: BTC (Bitcoin): Go long in the 81000 area, with target prices between 83000 and 85000. ETH (Ethereum): Go long in the 3100 area, with target prices between 3400 and 3600. #SUI的单边行情 #DOGE飞”狗“在天 #BTC挑战8W2大关
BOME Here, from the daily chart perspective, its trend is being watched by a descending trend line. Now its price is slowly approaching this trend line, as if it is testing it.
If it can successfully break through this trend line and stay steadily above it, it is very likely that an upward trend will begin afterwards.
Ethereum ETH Price Breaks Through $3000 Again! Will the Uptrend Continue?
Recently, the price of Ethereum has again shown a strong development trend, regaining upward momentum, and its movement is similar to that of Bitcoin, successfully breaking through the key resistance level of $2,750, thereby initiating a new round of upward trend.
From a subsequent development perspective, Ethereum (ETH) has shown the potential for further upward breakthroughs, capable of challenging and breaking through resistance levels of $2,880 and $3,000, thus pushing its price trend further into positive territory, bringing more substantial profit expectations for investors.
Looking back at the situation over the past few trading days, the price of Ethereum has performed particularly well, not only soaring above $3,120 but also increasing by over 10%, successfully breaking through the price level of $3,150. Before experiencing a slight pullback, the price of Ethereum once reached a peak of $3,249. Notably, within the range from the swing low of $3,020 to the high of $3,249, the price of Ethereum fell below the 50% Fibonacci retracement level, which reflects the complexity of price fluctuations to some extent.
Today's Overall Analysis 1. Technical Analysis (a) Bitcoin (BTC) Recently, the price trend of Bitcoin (BTC) has shown a continuous upward momentum. From the hourly chart, after the pin bar market behavior, its bullish trend remains solid and has not been significantly affected. Observing the four-hour chart, the previously observed top divergence phenomenon has now been effectively corrected. It is worth noting that after Bitcoin successfully broke through the price level of 80,000, there was a brief pullback, and the price fell to around 78,500, but then rebounded again, demonstrating a certain level of resilience. (b) Ethereum (ETH) Ethereum (ETH) is showing a compensatory upward trend on the daily level, with consecutive days of bullish candlesticks, exhibiting a relatively strong upward trend. However, from the weekly perspective, it faces two key resistance levels at 3,240 and 3,500. In actual performance, the price of Ethereum once surged to 3,248, followed by a pullback to the level of 3,069, but fortunately, it did not fall below the important threshold of 3,000, and the overall trend remains strong. Moreover, this compensatory rally of Ethereum has had a positive impact on the altcoin market, prompting many altcoins to also rebound. 2. Volatility Range Prediction (a) Bitcoin (BTC) For Bitcoin (BTC), the price volatility range prediction for today is as follows: support levels are 78,800, 77,400, and 76,700; while resistance levels are 81,800 and 83,100. (b) Ethereum (ETH) Today's price volatility range prediction for Ethereum (ETH) is as follows: support levels include 3,095, 2,985, and 2,890; resistance levels are 3,260 and 3,510. 3. Market Observation Within the market, altcoins are showing a rotational compensatory trend, with different altcoin varieties sequentially entering compensatory opportunities. Among them, the Meme sector and the public chain sector have particularly stood out. For example, Dogecoin has shown a strong rebound, and Musk series coins are also attracting market attention. Additionally, the SUI public chain's performance in the market is also worth investors' attention.
👀👀Here are the key points from the morning👇👇: 1. After the price broke below 80000, it was quickly reclaimed by the bulls, showing a strong bullish trend.
2. The current rate is 0.0382%. While high rates often signal a top range, the short-term remains strong.
3. Those in cash positions should not excessively chase the price up here; this position is critical and dangerous. It is better to wait for a pullback reversal to enter.
4. Ethereum has strong resistance in the 3250 - 3280 range, with minor divergence; wait for a spike to catch the dip.
5. Investors using high leverage and heavy margins are in a tough spot, with minor spikes already appearing. Be cautious of further spikes; the spot market has clear advantages, so try to use lower leverage.
6. After Bitcoin reaches a new high, there are no resistance levels above. If a trend forms in the second half of the bull market, it may continue to rise.
7. Mentougou has released 27,871 Bitcoins, possibly for selling; it is not advisable to excessively chase higher prices.
8. X coin is being hyped with the Musk concept, rising more than ten times in a week.
Everyone should have heard of the "flash crash" phenomenon that often occurs in a bull market.
Bull market adjustments are mostly horizontal consolidations, using time to digest previous gains and accumulate momentum for future increases.
"Flash crashes" are often a result of profit-taking, and their intensity is related to the previous gains and the amount of profit-taking involved; the more it has risen and the more profit there is, the greater the intensity of the flash crash.
When a trend has just started, if the price rises sharply and continuously, the intensity of the flash crash during profit-taking will be severe; if the price fluctuates hesitantly during the initial stage, suddenly spiking to attract retail investors to chase the rise, a flash crash may follow.
Currently, BTC is basically using time to exchange for space to gradually push up prices. Those who have not positioned themselves at ideal buying prices may become impatient and exit during the volatile upward trend.
Therefore, it is recommended that large funds hold BTC, ETH, SOL, and BNB steadily, while small funds can take this opportunity to explore altcoins. As long as there is sufficient liquidity, hundreds of thousands to millions in altcoins can provide room for operation.
Federal Reserve cuts rates! Bitcoin BTC price hits a historic high of $77,000!
Bitcoin hits an all-time high, but analysts warn of potential risks After the Fed announced the rate cut, Bitcoin prices reached a new all-time high, close to $77,000. According to Cointelegraph Markets Pro and TradingView data, Bitcoin prices rose slightly and stabilized after the daily close. Especially during Wall Street trading hours, Bitcoin prices suddenly surged, breaking through $77,000 on Bitstamp. This price fluctuation occurred against the backdrop of the Fed's anticipated 0.25% interest rate cut, and Fed Chairman Jerome Powell stated after the latest FOMC meeting that economic activity continues to expand, the labor market has generally slowed, and although unemployment has increased, it remains at a low level.
Once a hot topic in March, Mobile has now plummeted over tenfold, with no signs of stabilization or any movements indicating dealer accumulation. If the dealer has exited from such currencies, the risk of bottom-fishing is quite high, and blindly buying is not very meaningful.
On the other hand, another currency in the DEPIN track, MSN, has been quietly accumulating for some time, possibly indicating dealer positioning.
It is worth noting that currencies recommended by individuals such as liping007, hongshen6666btc, BTCBruce1, etc., are not reliable just because of their “high recognition.”
Although the promoters may be optimistic about a certain currency, it does not mean that the price trend will align with expectations; if the currency price subsequently corrects, it may be interpreted as the dealer harvesting retail investors.
In cryptocurrency investment, narrative is part of the reference, but analyzing dealer movements is particularly crucial. One can learn from experienced investors, but must not blindly follow. Investment decisions must be based on clear logic and personal judgment; establishing a true understanding of the currency is a reliable strategy. #美联储利率决议来袭 #山寨季将至?
Finally understand why ETH is currently performing so poorly:
The capital of the whales is too strong, lacking motivation:
They are too wealthy and have entered a 'lying flat' state; the ecosystem is mostly filled with dreamers and idealists: Although powerful applications like POLYMARKET have been launched one after another, the coin price still shows no improvement, proving that super applications cannot directly drive price increases.
Price increases require actual buying, not just hoping that a group of tech developers will buy ETH at the Devcon conference. The real driving force needs to find big players and KOLs who can attract traditional capital, relying on sales teams and cooperative channels to drive purchases.
The success of BTC has already proven this:
Without MicroStrategy and Michael Saylor, without Blackstone and publicly listed mining companies in the US stock market, how could there be today's price? In contrast, the ETH Foundation is still trapped in its own technology, ecosystem, and ideals, lacking the market promotion and financial support that BTC enjoys.
Of course, these shortcomings also mean that ETH's future is still full of imaginative possibilities. With the arrival of the 'understanding king', perhaps there will be more opportunities, and I can only comfort myself from this perspective.