Why does the market fall?

Bitcoin led the market down 3.8% ahead of the release of U.S. CPI data, triggering a $200 million sell-off on Binance. Analysts predict a possible short squeeze and altcoin decline. Uncertainty in the market and higher-than-expected CPI data led to a sell-off in the market, especially in altcoins like Cardano, Dogwifhat, and Notcoin. After the CPI data is released, market supply pressure may ease, providing an opportunity for assets to rebound.

Focus
1. Higher-than-expected CPI data typically leads to a sell-off in the cryptocurrency market as people fear aggressive interest rate hikes.

2. Bitcoin tends to fall before the CPI announcement and may reverse later.

3. Cardano price fell below the symmetrical triangle support line and may continue the downward trend.

4. Dogwifhat price has corrected significantly in the past two weeks and may lose support.

5. Notcoin price retreated 47% from resistance and may fall further.

6. After the release of CPI data, market supply pressure may ease, providing opportunities for asset rebound.

If you want to know more about the currency circle and first-hand cutting-edge information, click on the avatar to find the God of Wealth. Quoli publishes daily market analysis and high-quality potential currency recommendations.
#非农就业人数高于预期 #第55期新币挖矿IO #美联储利率决策即将公布 #MegadropLista #美联储何时降息？

Eight currencies: give you a chance to turn around

1. Audi (ORDI): The price is within $100, buy and hold without thinking, the market prospects are very broad.

2. Bitsat (1000sats): Buy and hold in the range of $0.0007 to $0.005, and it will take off when the inscription breaks out.

3. Solana (SOL): Pay close attention, as long as there is a callback, get on board immediately. The ecology on the SOL chain is very hot and is expected to become a dark horse in this bull market.

4. Op (OP): Ethereum second-layer network project with huge potential.

5. TIA: The leading coin of modular blockchain ecology, which was fully invested at $10 and has now risen to $16, an increase of more than 60%.

6. ENS: The leading coin of domain name ecology, with promising prospects.

7. DAO leader PEOPEL: Vitalik Buterin calls for orders, with great potential, enter the market at around $0.03, and is expected to rise to $0.1.

8. SOLANA's EVM project NEON, a virtual machine linked to Ethereum L2: Buy at a price below $1.5, and it is expected to rise to $5

The opportunity is short, so you must seize it! Success is not based on luck, choice is greater than effort, and the circle determines destiny.
#MegadropLista #币安用户数突破2亿 #美国5月CPI超预期回落 #非农就业人数高于预期

Teach you how to avoid liquidation when playing contracts? How to make money?

Although I basically don't do contracts in the bull market, I still want to talk to you about this topic today!

How to avoid liquidation?

1. The multiple should not exceed 10 times.

2. The level is mainly 4h and 1r. Don't look at it below 30 minutes.

3. The stop loss should not exceed 50% of the position [5 points fluctuation], and the total capital is 5 points.

4. The number of orders held should never exceed 2 orders.

How to make money?

1. Wait until there is a high probability of a low-volatility turning trend or a trend continuation before entering. These two types are obvious, safe and fast.

2. Enter only when it is estimated that there will be more than 30% fluctuation.

3. Close your eyes and hold it for three to five days.

4. If it doesn't go bad, add positions. If it goes bad, exit and return to 1.

#非农就业人数高于预期 #美联储连续第七次维持基准利率不变 #币安用户数突破2亿 #美国5月CPI超预期回落

Bitcoin's 92-day consolidation is brewing a massive rally

BTC has now entered its longest consolidation period, at 92 days, and analysts believe that long-term stability could set the stage for a "massive rise" in the asset.

Generally speaking, the longer the consolidation period, the greater the upside potential afterwards. Among all the consolidations, the current consolidation period is the longest. Once the price breaks out of this consolidation range, we will witness a massive upward rally.

In the previous cycle after the Bitcoin halving in 2020, Bitcoin had a 21-day consolidation period before breaking out, eventually breaking through the all-time high of $69,000 in November 2021.

Bitcoin data this year shows that BTC has been in a consolidation phase since hitting an all-time high of $73,679 on March 13, 92 days ago.

A consolidation period refers to a period when Bitcoin trading volume and volatility are lower than usual. Since reaching its all-time high, Bitcoin has been trading in a narrow 26% range, briefly hitting a low of $58,253 on May 2.

Previous predictions from cryptocurrency analysts suggest that the consolidation period could extend until at least September or even October.

If this article is useful to you, then you might as well pay attention to it. During this period, Caishen is preparing to ambush several ten-fold coins. Read the introduction of Zhuye and get on board without any threshold
#BTC走势分析 #BTC☀ #美联储何时降息？ #非农就业人数高于预期 #MegadropLista

Do you think the meme sector will explode again? Many investors like this sector very much. Because it belongs to the power of the people. Then my point of view is that there will definitely be a coin in the meme sector with a market value of 10 billion. Which one do you think it is? Write it in the comment area!

When the overall market performs poorly, altcoins usually fall along with mainstream currencies. However, Bitcoin has shown signs of stabilization, which may bring a turnaround for the meme coin sector and bring it to its highlight moment.

Meme coins do not rely on specific narratives or ecosystems, but on community consensus and participation. When the number of retail investors increases and a large amount of funds flow into meme coins, these coins tend to rise in price, including various animal coins. At present, some meme coin projects with higher market value have emerged, such as people, pepe, bonk, bome, fiw, doge, shib and meme.

As the market develops and investors' interest in meme coins increases, it is expected that a third coin with a market value of more than 10 billion may appear among these projects.
#币安合约锦标赛 #TopCoinsJune2024 #美联储连续第七次维持基准利率不变 #非农就业人数高于预期

Why do some people go bankrupt when speculating in cryptocurrencies?

The more the price falls in the crypto circle, the lower the cost will be?
Some people say that if you buy 10,000 U when the value of a certain currency is 10U, and then buy another 10,000 U when it falls to 5U, the cost will drop to 6.67U, not 7.5U as you imagined. It sounds beautiful, but in practice, you may fall into an endless abyss, because the market may continue to fall, but your funds have been exhausted.

Earn 1% a day and become a millionaire easily?
If someone tells you that you can become a millionaire in two years by earning 1% a day, do you believe it? In theory, it is true, but in practice, it is almost impossible to make a stable profit of 1% every day. Market fluctuations and human errors may break this beautiful fantasy.

Probability game, can you always win?
The probability of investment success is 60%. If you invest 100 times in a row and set a 10% take-profit and stop-loss level, can the final rate of return reach 300%? This sounds like a perfect probability game, but in fact, the complexity and uncertainty of the market far exceeds simple probability calculations.

Compound interest effect, billionaires are just around the corner?
Enter the market with 10,000 U, make a profit of 10% each time, and become a billionaire in just a few months? This sounds like a dream story, but in fact, it is extremely difficult to make continuous profits, not to mention the amazing compound interest growth in such a short period of time.

Now, let's talk about the importance of position management and fund management. In cryptocurrency contract trading, these two are the key to determining whether you can make profits for a long time.
Imagine that you have 10,000 U of funds, but like some novices or old leeks, you use 20%-30% of the principal as a basic position. Doing so is tantamount to dancing on the edge of a knife. Whether it is profit or loss, it will make your mentality unbalanced and ultimately affect your decision-making and outcome.

I will only use 2%-5% of the principal as a basic position and use 20 times leverage. This can not only ensure the safety of funds, but also allow me to be at ease in the market.
For those traders who dare to use 100 times or even 125 times leverage, I can only say that they are seeking their own death. Whether it is futures, stocks or cryptocurrency contracts or spot trading, it is a game of human nature. Leverage only amplifies your greed.
#美联储何时降息？ #非农就业人数高于预期 #币安合约锦标赛

Which one do you think is the dark horse?

Game track: pixel, portal, xai, ace, gala

Modular narrative: tia, alt, manta

New public chain: sui, apt, sei, ton

New second layer: strk, op, arb

Pledge track: ldo, ssv, ethfi

Depin track: fil, mobile

RWA track: mkr, polyx, rio, ondo

Sol ecology: ray, pyth, jup, jto

Meme track: pepe, wif, bome myro bonk floki

To learn more about the relevant knowledge of the currency circle and first-hand cutting-edge information, click on the avatar to find the God of Wealth, Qunli publishes market analysis every day and recommends high-quality potential currencies.
#美联储何时降息？ #美联储利率决策即将公布 #非农就业人数高于预期 #第55期新币挖矿IO

Will SOL be the next ETH? BlackRock to apply for Solana ETF

According to the latest cryptocurrency news, BlackRock is preparing to file for an ETF on Solana (SOL) next month, a move that could mark a major step for the cryptocurrency and the blockchain ecosystem as a whole.

BlackRock has shown growing interest in the cryptocurrency world. Recently, news that the financial giant was preparing to file for an ETF on Solana caused a lot of excitement in the market. The fact that an ETF may be approved on SOL would represent a step toward mainstream adoption for cryptocurrencies.

Furthermore, Solana’s move to launch an ETF can be seen as a strategy to diversify its products and attract more investors. Solana has gained significant popularity among developers and investors thanks to its high-speed blockchain and low barrier-free transaction costs. BlackRock’s launch of an ETF on Solana would not only increase the cryptocurrency’s legitimacy but also spur further investment and development in its ecosystem.

All in all, BlackRock's possible request to launch an ETF on Solana could represent a major turning point for the cryptocurrency market, once again highlighting the industry's growing importance in the global financial landscape.

If you want to know more about the currency circle and first-hand cutting-edge information, click on the avatar to find the God of Wealth. Quoli publishes daily market analysis and high-quality potential currency recommendations.
#美联储利率决策即将公布 #第55期新币挖矿IO #非农就业人数高于预期 #美联储何时降息？ #MegadropLista

#非农就业人数高于预期 #第55期新币挖矿IO #bnb历史新高 Today's News

AethirCloud leads a new era of AI computing: H100 GPU is only $1.19/hour

AethirCloud recently announced that it provides NVIDIA H100 GPU services for only $1.19 per hour, which will undoubtedly greatly reduce the computing costs of AI and ML projects.
H100 GPU is NVIDIA's latest high-performance graphics processing unit, designed for AI and ML. It has two variants: 80GB HBM3 version is suitable for processing large-scale data sets, and PCIe version is suitable for different server configurations. Its performance of up to 756 TFLOPS is enough to cope with complex AI training and inference tasks.
AethirCloud's H100 GPU service will provide powerful and economical computing resources for AI and ML researchers, accelerate the research process, and help small and medium-sized enterprises reduce product development costs. We look forward to this service to promote the faster development of AI and ML technologies.
#第55期新币挖矿IO #美联储利率决策即将公布 #MegadropLista
#非农就业人数高于预期

Is it really that difficult to make 1 million RMB in the cryptocurrency circle? What are the ways?

Let me first conclude that it is definitely easier and faster to make 1 million RMB in the cryptocurrency circle than to make 1 million RMB by working.
Let's make a comparison. If you earn 10,000 RMB, then according to the official data, you have already surpassed 90% of people. Even if you save as much as you earn without eating or drinking, you can only save 120,000 RMB a year. If you add a 30,000 RMB year-end bonus, it will only be 150,000 RMB a year. If you want to save 1 million RMB, it will take at least 7 years. The effort and energy you put in during the process cannot be calculated.

If you are in the cryptocurrency circle, assuming that your capital is 10,000 RMB, you only need to do 10 times twice, and you don't need to add any leverage. It's just spot. It's common to make 100 times or 1,000 times in the cryptocurrency circle, not to mention 10 times, which is even more common.

If you don't believe me, you can ask people around you who have traded in cryptocurrencies. Ask them if the money automatically goes into their pockets in the bull market? Ask them if they are stupid enough to make money in a bull market, and we are in a bull market now.

Perhaps you will say that many people have also lost money. In fact, there are only a few ways to lose money. Either the money is lost in the primary market, or it is in the capital market or a contract is opened and exploded, or the funds are stolen.

The problem is, as long as you don't go to the primary market and focus on the secondary market, that is, buy those mainstream coins on the exchange, don't play leverage or open contracts, put the money in the top exchange, and don't put it in the wallet, don't worry about your private key being stolen if it is not kept well, and then wait for the wind to blow you up to the sky. Does this operation look difficult?

To put it simply, you can always do it like a turtle, you can do your own things at ordinary times, and it doesn't delay your time. I also did it as a side job at the beginning.

Finally, you can disagree, but please don't attack me, because I don't understand what's good about being a social animal who works 996 every day and works in a B class but can't make B money. Of course, if you enjoy it, I respect your choice.

Those who come to find the God of Wealth through this post, this bull market will take you directly on board. Remember, opportunities are reserved for those who are prepared.
#美联储利率决策即将公布 #MegadropLista #非农就业人数高于预期 #IO价格预测

Those who have not yet entered long orders can see if there will be a pin in this range tonight, and it will be over if it is pinned.
Good night everyone
GM$ETH #非农就业人数高于预期 #bnb历史新高

How do you view people who achieve financial freedom through Bitcoin?

A colleague bought tens of thousands of dollars worth of Bitcoin more than ten years ago, and then resigned a few years ago because of financial freedom. Since he resigned, it is estimated that it has increased several times, and now it may be worth hundreds of millions.
What do you think?
Envy
Jealousy
Admiration
Others have this vision and can hold on.
In fact, think about it, there have been several opportunities for financial freedom.
Two bull markets in 2008 and 2015, and there is also a house.
Why can't I seize it? What's the point of working hard? Aren't you still a rat in the rat race?
Improve yourself in all aspects and find an opportunity for financial freedom.
For example, two people who work equally hard, one in LeTV and the other in Tencent, the gap is huge. Their abilities may be the same, and the difference is only in choice, so you can't just bow your head and pull the cart, you have to look up and see the road.

If this article is helpful to you, then you might as well pay attention to it. During this period, the God of Wealth is preparing to ambush several ten-fold coins. Read the introduction of the cooking industry and get on board without any barriers
#美联储何时降息？ #MegadropLista #非农就业人数高于预期 #美国5月CPI超预期回落 #IO

How much do you know about the cryptocurrency world?

For newcomers who have just entered the cryptocurrency world, knowing these three points has already surpassed many people!

1. If you are still frequently watching the market, concerned about the price, and unable to sleep at night, then you are probably not investing, but gambling. This is not a good way and will not have ideal results.

2. The cryptocurrency world may be the world with the most routines. Don't invest a large amount of money before you have enough experience. Use money that you can afford to lose to play with coins, so that your mentality will not be unbalanced; strictly follow the plan, use a small amount of non-additional funds to take risks and be harvested, and gain experience in the cryptocurrency world routines. This is the most cost-effective way to spend money to buy experience.

3. The cryptocurrency world is not only about speculating in coins to make money. There are too many roads to explore. The return is always proportional to the investment. I hope you and I can seize this wave of dividends.

If this article is useful to you, then you might as well pay attention. During this period, the God of Wealth is preparing to ambush several ten-fold coins. Read the introduction of the cooking industry and get on board without any barriers
#MegadropLista #美联储何时降息？ #美国5月CPI超预期回落 #非农就业人数高于预期

My friend has been addicted to cryptocurrency trading recently. How can I make him realize that cryptocurrency trading cannot make him rich?

Let me talk about myself first. I did make money in the bull market a few years ago. At that time, I had 20 BTC, 10 ETH, and 20 LTC in my account. I invested my spare money and it was all good. But I ended up exchanging these coins for a bunch of rubbish knockoffs. I played a good hand badly. Now I think about how much these coins would be worth if I hadn't bought the knockoffs. I would have tens of millions now. I can lose tens of millions without playing with contracts. I am pretty good.
Fortunately, your friend only plays with spot and doesn't touch contracts.
Crypto traders want to get rich overnight. Those with this mentality in the bull market will basically lose money.
Chasing the rise and selling the fall, if not him, who else to cut
No one gets rich by speculating in short-term cryptocurrencies
Tell your friends that you can speculate in cryptocurrencies
Buy 70% Bitcoin and 30% Ethereum
Don’t buy anything else
Maintain fixed investment, put it aside after buying, and come back to see it in a few years
Of course, the fixed investment I’m talking about is not now
Wait for the bear market to make fixed investment, don’t always think about the thousand-fold coin
There is no thousand-fold coin that can increase a thousand times in two days of short-term trading
The altcoins I bought in January have also gained several times so far.
Your friend is not suitable for speculating in cryptocurrencies, the more he thinks about getting rich, the more he loses
I also gradually understood later that there is no such thing as getting rich overnight
It’s all about exchanging time for space
Do value investment
The God of Wealth has created a high-quality circle for everyone to communicate and learn together. If you want to join the circle, just find the God of Wealth on the homepage🤝
#币安用户数突破2亿 #美联储利率决策即将公布 #MegadropLista #非农就业人数高于预期

Why are there still so many people keen on speculating in cryptocurrencies?

Interests. . . . . .
In China, how can an ordinary person get rich?
It is obvious that ordinary Chinese people have little other ways to get rich except going to work, doing business, investing in real estate, and stock funds.
Going to work, getting a salary honestly, most people are ordinary wage earners, unless you can get to the middle and senior level of a large enterprise;
Doing business, I think everyone understands that it is difficult to make money that can make you financially free in the current environment in our country; it is difficult to find the next outlet, and most ordinary people are not the material for doing business.
Real estate was a good choice in the past few years, but under the current high-pressure policy of "housing for living, not for speculation", it is difficult to say what the future development will be;
Stock funds, do I need to say this? Why are they called cancer stocks? Why are funds all green this year, and A shares are always at 3,500 points. Count on this to get rich? Dream on.

This question clearly asks me to answer why there are still so many people who are keen on speculating in cryptocurrencies, but I say so much nonsense because I want to express that the channels for ordinary Chinese people to get rich are really narrow, but getting rich is the beautiful wish of each of us for our future life.

The virtual currency market is the tool that we can use to realize such a wish. Whether you say it is a Ponzi scheme or a place to cut leeks, it is undeniable that many people's investments are planted here, but many people also get financial freedom through this market. Including me is one of the beneficiaries. Although it is far from financial freedom, I clearly see that this market can make money, and this market is still in the early stage of development. For office workers, it is a better investment channel.

Of course, in fact, in China, under the suppression of national policies, not many people speculate in cryptocurrencies. Even many people have not heard of it. So there are relatively few people speculating in cryptocurrencies in China.

Finally, I want to say that people who are keen on speculating in cryptocurrencies actually hope to become rich in their hearts, and this wish is always right.

If this article is helpful to you, then you might as well pay attention to it. During this period, the God of Wealth is preparing to ambush several ten-fold coins. Read the introduction of the cooking industry and get on board without any barriers
#IO #MegadropLista #美联储何时降息？ #非农就业人数高于预期

Trump stands with digital currency and hopes that all remaining Bitcoins will be made in the United States

As a presidential candidate, Trump has made too many promises, including strong support for cryptocurrencies.

Several Bitcoin miners met with Trump at Trump's Mar-a-Lago estate on Tuesday night. Trump said he loves and understands cryptocurrencies, and the existence of Bitcoin miners helps stabilize the energy supply of the US power grid. Trump promised that if he enters the White House, he will speak for cryptocurrency miners.

Trump himself posted on his Truth Social platform that Bitcoin mining is the last line of defense for the United States against other central bank digital currencies, and he hopes that all remaining Bitcoins can be made in the United States.

Previously, Trump's campaign team announced that it would accept cryptocurrency donations, which was seen as a high-profile embrace of the cryptocurrency industry. In recent weeks, Trump has stepped up his cryptocurrency-friendly image and said that he will become a "cryptocurrency president." But on the other hand, he did not give specific policy details.

Trump made it clear that Biden and U.S. Securities and Exchange Commission Chairman Gary Gensler's crackdown on cryptocurrencies will end within an hour of his taking office.

Earlier this month, Biden just vetoed a custody policy bill to support the development of digital currencies in the United States. A White House spokesman argued that the Biden administration still supports digital asset innovation, but also hopes to protect consumers from the risks of new technologies.

At this time, Trump began to bombard his support for cryptocurrencies, which was different from his previous attitude. Before this year, Trump had always been negative about cryptocurrencies, believing that they were scams.

Industry insiders believe that this is Trump's core point in attracting new voters. According to a survey, voters who are involved in the crypto market currently prefer Trump to Biden. This can also be echoed by Trump's more donations in Silicon Valley.

Standard Chartered Bank predicts that as the US election approaches, the price of Bitcoin will reach $100,000. If Trump successfully enters the White House, the price of Bitcoin may reach $150,000.
#MegadropLista #美联储何时降息？ #非农就业人数高于预期 #第55期新币挖矿IO #IO

I have made a lot of money in the cryptocurrency circle. If I withdraw cash, will the bank ask about the source of the money?

It is already 2023, and Hong Kong is basically legal. As long as your U comes from a legitimate source, you can go to Hong Kong to withdraw it. There are offline exchanges there. You can transfer U to them and they will give you cash. Take the cash to the bank to open a bank card of the Bank of China in Hong Kong and deposit it (free card opening). Basically, you will not receive black money! And it is very convenient. The round-trip airfare to Hong Kong is only one or two thousand yuan.
I went to Hong Kong to experience it in July last year. The process was smooth. One Hong Kong dollar was one thousand yuan, and ten thousand yuan was only 10 bills. You can just put it in your pocket and leave smoothly! It should be the best and most convenient withdrawal channel I think at present.
There are many exchanges like this, and they are based on the real-time exchange rate. No handling fee!

As an investor who has been working in the cryptocurrency circle for many years, I am willing to share my experience and insights with you. If you are interested in the cryptocurrency world but don't know where to start, you might as well follow my homepage and discuss the mysteries of the cryptocurrency world and future possibilities with me. Click on the avatar to find me.
#美联储利率决策即将公布 #非农就业人数高于预期 #MegadropLista #币安用户数突破2亿

Revealing the shady dealings of coin traders! Using OK Exchange to launder money and undermine the industry's defenses.

How to identify reliable U traders?

In recent years, it is not uncommon for coin traders to use exchanges to launder money, and OK Exchange has become their "paradise".

These coin traders buy U at low prices in exchanges and sell them at high prices, earning a small difference.

However, their real purpose is not to make this little money, but to use exchanges to conduct large-scale money laundering activities.

These black money may come from illegal channels, and through the operation of coin traders, they are "laundered" and then flow back into the market. This behavior not only seriously undermines the fairness and order of the market, but also poses a threat to the healthy development of the entire industry.

In the face of this situation, we need to learn to identify reliable U traders. First, we can understand their strength and reputation by checking their transaction records and credit ratings.

Secondly, we can also choose to trade on well-known exchanges, because these exchanges usually have strict supervision and review mechanisms to ensure the security and legality of transactions.

Money laundering by cryptocurrency traders is a serious breach of the industry's defenses. We should remain vigilant and choose reliable U-traders and exchanges for trading.

If you have any suggestions on how to identify reliable U-traders, please leave a message in the comment area to share.

If this article is helpful to you, you may want to pay attention to Caishen. If you have any questions that you don't understand, you need to consult or want to communicate and learn together. Read the introduction of the industry and try to enter the circle.
#币安合约锦标赛 #非农就业人数高于预期 #币安用户数突破2亿 #美国5月CPI超预期回落 #TopCoinsJune2024