A few points:
1; The Bitcoin-driven bull market just passed three weeks, and the first phase of Bitcoin has not yet ended. The short-term pullback of Bitcoin may potentially break through 90,000 with a downward spike (a 10% drop would kill more than 10 times leverage, which is an extreme situation, of course, it may not necessarily pull back to this position). If such a situation occurs, even a spike below 90,000, it is bold to bottom out with 2-3 times leverage.
2: From the current market performance, although most altcoins are stagnant, there have been consecutive weekends where various altcoin ecosystems and sectors have shown a series of rises. Currently, it is still the early first phase of the bull market, and such performance from altcoins is also normal. In the last bull market, altcoins only started to explode after Bitcoin completed its first phase of rise. There will be a season for altcoins, but it won't be as crazy as the last bull market because there is no new narrative and story in the current cryptocurrency market.
3: A significant portion of altcoins are issued on the Ethereum chain, and the trend of Ethereum dictates the trend of all altcoins. The overall underperformance of Ethereum suppresses altcoins collectively.
4: Large-cap public chains, especially ETH, SOL, and BNB, have already become very strong in market value, with rich ecosystems that are also in competition with each other, leaving limited room for growth. There are already many public chains in the market, and it is very difficult for a new giant public chain to emerge from this track. Newly entering public chains not only have to compete with first-tier public chains like Ethereum, BNB, SOL, AVAX, but also with second-tier public chains like NEAR. These large-cap public chains can only engage in some swing trading, and the pattern space is not large.
6: The significant hype around the gaming metaverse occurred at the end of the last bull market, and the development of the metaverse is still in its early stages; there will continue to be hype around concepts. Metaverse games may see a leading figure similar to the AXS phenomenon from the last bull market. The new coin OL on OK is a gaming platform token, benchmarked against GALA, with a current market value of less than 30 million, diluting the total market value of 630 million, which is only one-third of GALA. Once the new coin is listed, as long as there is a slight concept, there will be room for hype. It is understood that the cost for OL gold mining studios is 0.08 U. Above this price, one can appropriately position themselves, waiting for a 3-5 times, or even 5-10 times increase. With a small market value, one can take a small risk, belonging to the type of small investment for large returns, but one must not heavily invest; a large position can easily be targeted by opponents, and main funds will not pull the market.

The weekly K-line of the big pancake has three consecutive long阳, and the weekly K-line continues to look bullish. The overall upward trend of the daily K-line is intact, with no signs of a peak, still having room for upward movement. The hourly K-line pattern remains in strong consolidation, and attacking the 100,000 mark this week is a reasonable timeframe. The support below during the day is 95,600.#比特币关键区间 #BTC创历史最大月度涨幅 #比特币突破10万？ #比特币关键区间

The micro-strategy infinite flow strategy is amazing, and it has issued $3 billion in convertible notes, stepping on the right foot and spiraling upwards with the left foot. Many companies have begun to imitate it, and why start a business when directly trading cryptocurrencies is more appealing? 😃#BTC再创新高97k #非BTC板块市场走势 #聚焦比特币 #BTC何时突破10万？ #市场围绕90K

The start time of the weekly K-line is counted from 8 AM Beijing time on Monday. Today is Wednesday, and the data for the weekly K-line that Bitcoin has formed over the past two and a half days this week is: opening price (price at 8 AM on Monday is 89855), the lowest price in the past two days is 89376, and the highest is 93905.

In terms of time, the current weekly K-line is the third week after Bitcoin set a new high, and the short-term overall trend of Bitcoin is still a very strong one-sided upward trend.

Due to the strong bullish sentiment of Bitcoin's weekly K-line, during the current strong consolidation period, any small pullback should not give back the gains that have been accumulated so far. It should not drop below this week's opening price of 89855, and strictly speaking, it should not drop below the lowest price of 89376 in the past two and a half days.

In other words, the strong bullish sentiment of Bitcoin’s weekly K-line means that in the next four and a half days this week, as long as there is a pullback during the trading, it is a short-term opportunity to enter long positions. Any pullback approaching around 90,000 during trading offers better cost-effectiveness for short-term long entries.

Bitcoin set a historical new high two weeks ago, marking the starting point of a new bull market. Currently, it has been two weeks since Bitcoin established the overall bull market, and everything has just begun. Those who fear heights are the ones who suffer. #MEME趋势风向 #BTC何时突破10万？ #BTC再次刷新历史高点 #上市公司比特币战略 #市场围绕90K

MicroStrategy has been buying high with tens of billions and continues to raise funds
Mara Holdings will raise $1 billion at a 0.0% interest rate to purchase BTB, and unsurprisingly, it is again oversubscribed!

The reserves of BTB in exchanges have decreased for the first time during the bull market cycle. Usually, during a bull market, the reserves in exchanges increase in order to sell at a good price during the bull market.

However, it seems that no one intends to sell at the moment. It may also be that the emergence of ETFs has changed this pattern, with large amounts of BTB continuously being withdrawn from exchanges.

Another piece of news is that Lutnik could possibly become the new Secretary of the Treasury in the 🇺🇸, this guy has deep connections with BTB and USDT, and if he comes in, it would be a considerable positive signal.
#BTC何时突破10万？ #BTC再次刷新历史高点

During the large pancake period of 80,000 to 90,000, the micro strategy made a move worth 4.6 billion, and it is still continuing to finance, easily breaking through 100,000. Today, Mentougou only traded 200 large pancakes, which won't stir up much of a wave. If the price reaches 100,000 US dollars, there will be 5 billion in short positions liquidated. #BTC何时突破10万？ #BTC再次刷新历史高点 #市场围绕90K #微策略公司 #MEME趋势风向

#MEME趋势风向 meme collective has fallen into a brief weakness, the primary market is a bit difficult to operate now

The primary market can't be harvested, the day before yesterday it was biology, yesterday it was physics, and I didn't expect to revisit science knowledge in the crypto world.

The withdrawal of these two funds from the primary market means that Bitcoin is about to start a new round of rally?!

According to the historical bull market patterns of the cryptocurrency market, the entire market bull run led by Bitcoin will go through four stages: an initial surge, a repeated momentum, a peak, and a subsequent decline, followed by a brief resurgence. Overall, there are four stages.

In these four stages, there will be different altcoins rotating and surging, and we are currently still in the initial surge of the first stage.

The first stage of Bitcoin should not be considered complete because from the time Bitcoin reached its new high to the current price, there hasn’t been much increase in space (less than 30%). Additionally, the short-term trend for Bitcoin typically involves a strong consolidation after reaching a new high. If the first stage were completed, there would generally be a trending topic that could attract attention, such as Bitcoin reaching 100,000, boosting the market sentiment, and drawing in new investors, followed by a correction before transitioning into a more aggressive second phase.

Throughout the bull market phase, do not short-sell; eliminate all short positions.

The bull market for Bitcoin will only peak after completing the third stage. The subsequent resurgence phase may not reach new highs, and the final stage will be accompanied by an explosive surge of altcoins. Once this stage is complete, it will be a chaotic aftermath akin to a battlefield strewn with debris. The number of Binance registered users has exceeded 240 million.

The darkness has passed
The comprehensive bull market has begun

The daily candlestick chart of the pancake has already surpassed the six-month pressure line, ending more than six months of consolidation and beginning a new upward cycle.

Today is the last day to close the monthly line; as long as it closes at 71300 by 8 AM tomorrow and stabilizes over the weekend and next Monday, both the weekly and monthly candlestick charts will have historical highest closing prices, refreshing history. #美国大选后行情预测 #下一BTC历史新高是多少？ #BinanceBlockchainWeek #你问我答 #BTC☀

The long troops have advanced forward, and the front line has shrunk. First, they besieged the city without attacking, breaking the psychological defense line of the shorts, and finally, they joined forces inside and outside to break through #BTC能否站稳6W6 in one fell swoop.

#6万保卫战 #9月美国CPI实现6连降 #特朗普当选概率上升 #多军的反击 #MicroStrategy's stock price has reached a new high, setting a new high before Bitcoin, which indicates that Bitcoin will soon reach a new high. ​​​

Things have changed. Big A has become a copycat, and the copycats are repeating the fate of Big A.

Plus the car is lighter, if it can't be smashed now, it will be much easier to rise #以太坊ETF批准预期 #山寨季何时到来？ #币安7周年 #山寨季何时到来？ #美国大选如何影响加密产业？

In the currency market, short-term short selling is faster when the market falls than when it rises. Short selling with leverage during a fall can bring huge profits in the short term and capital accumulation is fast. Short selling is fun for a while, and it is fun to keep short selling. At the same time, after having the psychological pleasure of short selling violent profits, slowly and imperceptibly, trading will have a mindset and habit of being more inclined to short selling. Originally, short selling can accumulate capital quickly, relying on leverage and fast market changes. On the contrary, in a market like the currency market with a strong rise and no upper limit, a single leveraged guess of the top and high leverage short selling can capsize in the gutter as long as you make a mistake once. Even if you are a good swimmer, you can't resist the rapid underwater flow and finally sink to the bottom of the river and it will be impossible to turn over. If you don't realize this, after short selling accumulates profits, you will retreat bravely and change your inertial short selling mindset and habits. You can make money in a short time when you trade later, but you will eventually go back and forth in the same place, falling into a dead cycle of recharging, opening positions, short selling, and liquidation, just like a cool mat. Short selling will also develop a fatal trading habit, which is short-term thinking. You may have the impression that I am a die-hard bull who does not short very often, and I have not shorted for two or three years. In fact, when I first entered the circle, I was better at short selling. I made a lot of money when the market fell sharply, and I also had a little reputation for short selling. But in the end, the inertial thinking of short selling made me miss the entire bull market of 20-21. After missing the last round of bull market, I became impatient and anxious in trading. Later, when I changed my trading habits of short selling, I was impatient to go long on a copycat with leverage, and finally my position was blown up. These are all bloody experiences and lessons. #币安7周年 #美联储何时降息？ #BTC☀ #ETFvsBTC #美国大选如何影响加密产业？

Today, Bitcoin reversed the downward trend that had been blocked at 72,000 for nearly six weeks since June 7. This round of Bitcoin correction ended and gradually began to rise.

When the market picks up, funds are concentrated on Bitcoin. It is quite good that most altcoins can follow Bitcoin.

From the market, a small amount of funds are bottom-fishing the oversold coins in the early stage, such as Bitcoin ecological coin sats (UNISAT empowers SATS with favorable support), and ICP has also fallen from a high of 20 to a low of 5.81, a drop of 70%. The rebound has been strong in the past two days.

If you want to hold some altcoins, you can only do the strongest. If the strongest cannot continue, other concepts will be more difficult.

Bitcoin has just turned strong, and there will not be too many ways to play in the market. The dog dealers in the market will only choose favorable and strong ones (such as ICP) and oversold rebound concepts (ORDI also has a chance).

Overall, Bitcoin is not very strong. If you want to hold a small amount of altcoin positions, you can only layout points on ICP, SATS, and ORDI, and try to control the altcoin positions. #美国大选如何影响加密产业？ #美国6月CPI大幅降温 #币安7周年 #美联储何时降息？ #BTC下跌分析

Looking at the weekly K-line at 8 o'clock this morning, the big cake market should be stable. There should be a big positive line of 3.4 thousand dollars here. #币安7周年 #美国6月CPI大幅降温 #美联储何时降息？ #BTC下跌分析 #德国政府转移比特币

July 13 Xiaoyao Study Club The expectation of interest rate cut is approaching, and market sentiment is gradually recovering

After Thursday's CPI decline, the US stock market was slightly weak, mainly because the US dollar liquidity will be relatively tight before and after the Fed cuts interest rates, and a large amount of funds will go to buy US bonds, so the market liquidity will not be too good near the interest rate cut node; interest rate cuts are accompanied by economic slowdown, and there will be a certain degree of outflow without liquidity.

On July 12, the US spot Bitcoin ETF had a net inflow of US$312 million, of which GBTC had an inflow of US$23 million, IBIT had a net inflow of US$120 million, and FBTC had a net inflow of US$115 million. US ETFs have had net inflows for 6 consecutive trading days. From the trend point of view, the amount of funds flowing in has increased significantly after the release of CPI data.

Today's panic index is 25. When the fear and greed index is less than 25 and is closer to 0, it generally indicates that the market is at the bottom and market sentiment is gradually recovering. You can consider buying or going long.

In July, the BTC congestion dropped sharply from 142% to 32.85%, which means that the risk of stampede has been completely eliminated.

Now that Mentougou has been fully implemented, the selling pressure of paying 140,000 BTC is not great. After all, the unknown is the most terrifying, and the chips are distributed to retail investors. It is also the retail investors who decide whether to sell or continue to hold, so there will not be a concentrated and large-scale market crash.

It is not wise to short and all-in in the big cycle. The opportunity cost of missing out is far greater than the possible retracement. The subsequent market will become optimistic. Reasonably control the C position and keep the original intention. Grasp this round of bull market, and earn at least three years of meal tickets in the next year. After this cycle, the dividends will disappear completely, and the big cake will form a trend similar to gold in the future. In the future, we can only do similar spread transactions. Of course, the market volatility is still not small, and senior gamblers still have opportunities.

Investment is risky, and you need to be cautious when entering the market
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