If you give me one point of trust, I will give you ten points of profit. I won’t make it too perfect. The market is changing rapidly. I can only do my best to use my skills and experience to help you make profits. I treat everyone equally regardless of the size of the position!
The current consolidation trend of the big cake is highly similar to that in 2019. Will it follow the script of 2019 and rebound all the way?
Personally, I think there is a difference. Under the macro background, the interest rate cut in 2019 was earlier, and it happened to peak after the interest rate cut. The interest rate has not been cut yet.
The market in 2019 was mainly manifested as a wash-out of spot longs, falling from a high of 14,000 to 6,500, and the wash-out callback reached 50%. The current wash-out depth is different from 73,800 to 49,000.
The last rebound in 2019 was actually mainly with the US stock market. At that time, the US stock market was constantly breaking new highs. Now the US stock market has not returned to the previous high, and there is still some decline, so there may be discrepancies in direct comparison. #加密市场反弹 #美国大选如何影响加密产业? #新币挖矿HMSTR #美联储宣布降息50个基点 #币安上线NEIRO
Steady strategy: There is a point structure, follow the trend to make orders, it is very likely that you will not get the head and tail of the fish, but only the body of the fish;
Aggressive strategy: Predict the short-term trend direction based on the strength of the long and short volume, choose the strong gravity position or 0 and 1 axes in the natural trading theory to open a position and make orders, you may get the market from the head to the tail of the fish, or you may be forced to stop loss. #比特币大会 #美联储何时降息? #美国大选如何影响加密产业? #山寨季何时到来? #MtGox钱包动态
1: Bitcoin price is approaching a new high this year, but altcoins are in a slump. The logic of the currency market has changed. ETFs dominate Bitcoin fluctuations. Will the launch of Ethereum ETF reproduce Bitcoin history?
2: Recently, Bitcoin prices have soared, but most altcoins are still standing still. This reflects the fundamental change in the logic of the currency market, and ETFs have become the dominant force in Bitcoin fluctuations. The launch of Ethereum ETFs may replicate Bitcoin's trend, and Grayscale's millions of Ethereum may face selling pressure.
3: At the same time, old investors have also realized the extreme asymmetry of VC coin costs. VC coins are at their peak when they are listed, and coupled with the disgusting operations of institutions, VC coins are basically abandoned by the market. Against this background, new and old investors have begun to turn to relatively fair MEME coins, which has also become a major current situation in the currency market. #比特币行情 $BTC $ETH
As for the trend, I am more optimistic about the market after mid-August, especially September. As the saying goes, September is the month of gold and October is the month of silver. Why do I say that?
1. Because the overall market has been adjusted for about four or five months, the price has basically fallen back from the highest point last year.
2. It is expected that there is a high probability of interest rate cuts in September, which is a potential expectation of interest rate cuts.
3. By then, Mtgox, including the coins held by the government, will be digested, so the impact will be smaller and smaller.
4. Grayscale's recent ETF outflow is relatively rapid, so the outflow will slow down after a while, and other ETHs will begin to inflow funds and start to exert their strength, especially Eth's ETF, which is very likely to have a strong upward trend, leading to a wave of explosion in the altcoin sector.
5. Hold the altcoin firmly and take a long-term view. When BTC and ETH rise to a certain height, funds will flow into the altcoin sector, and each round of bull market ends with a group of altcoins.
1: No one can understand this kind of monkey market, everyone is gambling. In a word, August is the time to buy the bottom in batches. Every time you wait for a relatively low position, buy the bottom. The more it falls, the more you buy. Just do it. There is no need to wait for it to rise before chasing.
2: As you can see, strong coins such as BTC.SOL.SATS have not actually made a correction for about a month and a half or a month. They may rebound in the short term. There will be a large retracement in August. Of course, you don’t need to care about buying low, because no one can be sure that it will definitely explore the bottom again. It’s not good to lose the chips. If there is a better position at that time, the correction is sufficient, make money and go all in. If there is no extra money, just wait for the violent bull market. #比特币大会 #美联储何时降息? #美国大选如何影响加密产业? #山寨季何时到来? #比特币行情 $BTC
Bitcoin from the annual candlestick chart 1. Rising for 3 years, falling for 1 year 2. The overall trend is rising, and the price is getting higher and higher Therefore, Bitcoin is worth long-term investment and holding, because from the big trend, it will continue to set new historical highs. In the next 10 years, it may rise to 500,000 or even higher. #比特币大会 #美联储何时降息? #美国大选如何影响加密产业? #山寨季何时到来? #比特币行情 $BTC
A doggerel for leeks Leeks are happy to buy coins, air is gold and treasure. Buying high and selling low is busy, the dealer is happy behind the scenes. If the coin plummets and returns to zero, the dealer can't outrun it. The market changes quickly, don't treat air as a dish. Take a long-term view and think more, Brother Bin will guide you. #比特币大会 #美联储何时降息? #美国大选如何影响加密产业? #山寨季何时到来? #比特币行情 $BTC
Bitcoin and the cryptocurrency world are two completely different ecosystems now;
Bitcoin is Bitcoin, and the cryptocurrency world is the cryptocurrency world. This phenomenon will become more and more obvious in the future;
Especially in the circulation of funds, the channels of the two pools will gradually separate; Bitcoin's funds will gradually settle on Bitcoin itself, and the spillover effect will gradually decline;
Thinking that Bitcoin attracts external capital inflows and then spillovers drive the general rise of the cryptocurrency world is becoming a thing of the past. This is a change in the basic form of the entire industry. In the future, whether it is an individual making an investment decision or a project making a choice of development path, it is necessary to consider the changes in this basic plate, which is related to success or failure.
The world is constantly changing, and we must always "embrace change". This is the best concept input given by the old employer who worked before. With the passage of Bitcoin spot ETF, Bitcoin is increasingly deeply involved in the traditional world. Whether it is finance, ethics, politics, or social forms, we must always update our cognition to successfully realize our cognition. #比特币大会 #美联储何时降息? #美国大选如何影响加密产业? #山寨季何时到来? #比特币行情 $BTC
Position and timing are more important than what coin to buy!
How to understand? You chose the right coin, and the coin increased 100 times, but you only bought 100 yuan, so you made 10,000 yuan. I bought the same coin as you, but I sold a house to buy it, bought 1 million, and I made 1 small goal. So I am free, but you are not.
And why is timing important?
If you buy a coin, it plummets 50% after the purchase, then goes sideways for three months, and finally soars 100 times, it is likely that you have already cut your losses when it plummeted 50% and went sideways. You can't wait for the final fruit unless you understand the project, you have confidence that it will inevitably return to value, and you are a die-hard holder.
So, to be free, there are three steps: choose the right coin, a large position, and hold it!
As I am a bit busy recently and have limited energy, I will not take any retail investors. I will see the situation later. Please understand. #比特币大会 #美联储何时降息? #美国大选如何影响加密产业? #山寨季何时到来? #比特币行情 $BTC $ETH
Last night, the price of Bitcoin surged above 67,000, but unfortunately it did not stabilize. After midnight, Bitcoin fell by nearly 2,000 points and the lowest point was around 65,050. The current exchange rate is around 65,300.
Judging from the current trend, the shorts are still increasing. If the market continues to break 65,000, it will continue to fall. Otherwise, we can wait for a wave of lows to continue to buy the bottom and go long. The main thing is to see whether the 65,000 mark can be maintained. The exchange rate has bottomed out here many times. Brother Bin believes that this is an opportunity to choose to buy the bottom and go long.
US Ethereum spot ETF approved Trading to start at 9:30 tonight Game on
US spot Ethereum ETF officially approved for listing
The US Securities and Exchange Commission (SEC) has notified at least two of the eight companies that applied to launch the first US spot Ethereum ETF that their products can start trading on Tuesday (July 23). Products from BlackRock, VanEck and six other companies will start trading on three different exchanges on Tuesday morning: the Chicago Board Options Exchange (CBOE), Nasdaq and the New York Stock Exchange, all of which have confirmed that they are ready to start trading.
Bloomberg ETF analyst Eric Balchunas said: "The spot Ethereum ETF has taken effect at the SEC. Form 424 (b) is being submitted in succession. This is the last step, which means everything is ready to start trading at 9:30 a.m. on Tuesday (9:30 tonight Beijing time). Game on."
I have been busy these days and have no time to update. Today, I will summarize that the Bitcoin Ethereum band has won 17 consecutive victories. The mid-line Bitcoin has reached 5,600 points. I am still holding it. There are pictures and truth. If you have doubts, you can visit my homepage and see all the details. #以太坊ETF批准预期 #美国大选如何影响加密产业? #山寨季何时到来? #币安7周年 #美国6月CPI大幅降温
Grayscale has recently increased its holdings in BCH, LTC, LINK, ZEC, FIL and other currencies. Whether the bull market is over depends on whether these large institutions have increased their holdings when the market falls. As long as the large institutions are frantically increasing their holdings, just follow their operations. No matter how panicked the market is or how bearish others are, the vision of large institutions is definitely better than that of most retail investors. #以太坊ETF批准预期 #美国大选如何影响加密产业? #山寨季何时到来? #美联储何时降息? #德国政府转移比特币
Three classic principles of the bull market: bold thinking; change positions according to the clock, don't change positions easily!
If you are optimistic about a project in the long term, but its current trend is not very good, when you want to sell the currency position, just look at these three sentences:
1. For long-term investors, the most difficult and important thing is to do nothing.
Unlike before, the copycat did not follow suit and fall this time, which also means that the overall market and chips are absorbing chips, which is good news for the cryptocurrency circle.
Now the big cake market depends on ETF inflows. In the past, the US stock market affected the cryptocurrency circle based on expectations. Now the big cake ETF can directly manipulate the market. Continuous inflows should also pay attention to the risk of continuous transfers for several days
Back to the technology, this wave of 4-hour level first wave breaking through the neckline of the previous decline can basically be regarded as the start of an upward trend. A short-term correction does not mean a trend reversal. In four hours, it seems that it has not fallen and has reached the first support we mentioned yesterday. If you want to start a second wave of correction, this small drop is far from enough. You have to go sideways for a while and then go down to explore the support level.
For short-term operation opportunities, you can pay attention to the two positions of 63600 and 62200. These two positions are parallel bottoms, and they may be falsely broken to hunt for liquidity, but you must pay attention to short-term holdings and never pattern! The big support continues to pay attention to the 60,000 mark. Remember to keep the opportunity to cover positions at the 60,000 integer mark. #以太坊ETF批准预期 #美国大选如何影响加密产业? #山寨季何时到来? #美联储何时降息? #德国政府转移比特币
Trump may announce that Bitcoin will be used as a reserve asset. Is it a campaign strategy or is he really optimistic?
It is reported that Trump will announce that Bitcoin will be used as a [strategic reserve asset] at the Bitcoin 2024 conference held this month. Once this is done, it will inevitably affect the global pattern of Bitcoin.
So, what is his purpose in doing this?
I personally think that the political purpose is stronger. In 2019, Trump was still an opponent of cryptocurrency and believed that it would be used in illegal activities. However, this year, not only did he release NFT products himself, but he also said at a dinner that if you support crypto assets, then vote for him and use cryptocurrency to canvass for yourself.
The United States is the country with the most Bitcoins, with more than 200,000. If Bitcoin is really used as a strategic reserve asset, it will consolidate Bitcoin's position as digital gold, but will it affect the price trend of the currency? This needs further discussion.
If people start buying frantically, but the US government does not inject funds, the price of Bitcoin may decline. There are many factors that affect the price of the currency. #以太坊ETF批准预期 #美国大选如何影响加密产业? #山寨季何时到来? #币安7周年 #美联储何时降息?