First of all, the world's top bosses are quietly harvesting global wealth by taking advantage of the tidal effect of the US dollar. This year, the US dollar interest rate is expected to reach 5.5%, while the core CPI has dropped to 3%. This means that the interest earned by depositing US dollars in banks can not only cover inflation, but also earn an additional 2% in return. In contrast, the interest rates of many countries' currencies (such as the RMB) are relatively low, making it difficult to resist inflationary pressure. Such interest rate spreads will further accelerate the return of US dollars from all over the world to the US banking system. Standing behind the US banks are world-class capital giants. Why are they willing to pay such high interest rates to recover a large amount of US dollars? The answer is that they are using these funds to buy assets with core value while depressing global asset prices. These two operations are not contradictory. Although this round of harvesting cycle may be extended due to the resistance of central banks, once the US dollar starts to cut interest rates, it means that the process is already halfway through. At first, you may be happy to accept the 5% interest, but when the interest rate drops, you will find that valuable assets have doubled. Looking at the current situation of the currency circle, the total market value of the entire currency circle is only 2.5 trillion US dollars, while asset management companies such as BlackRock have managed assets of 9.5 trillion US dollars. At present, many large asset management companies, including BlackRock, are applying for BTCETF. Countries and international organizations are also actively promoting supervision and compliance. It can be foreseen that BTC will at least become an important part of this round of asset allocation. If capital giants allocate part of BTC through banks and investment banks, its scale is bound to grow significantly. Regarding the SEC's consideration of XRP and other securities, the suppression of Binance by European and American governments, and the layoffs and welfare cuts by many exchanges, the logic behind this is that capital giants have seen the huge potential of digital currencies. Entering this field, they are eager to master pricing power and cannot tolerate the greatest voice being held by a Chinese company. At the same time, they have their own coinbase, stock exchanges, and commodity exchanges. The attributes of these projects or companies are not important. What is important is to be able to go on their exchanges and accept their supervision.Although some exchanges founded by individuals, such as Binance and OKX, may become non-mainstream exchanges, this is a big boon for the price of coins.
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There are only a handful of people who can make it out of the first path in the cryptocurrency circle, and more than 90% of them will die in this circle.
Since we cannot become the top people in the industry, and we still want to get good results in the cryptocurrency circle, we must find a master to learn from.
Find those who can get long-term, stable and continuous results in the cryptocurrency circle, rather than those who look half-baked. You can only feel and distinguish them if you perceive them with your heart.
Choosing and believing are also a kind of ability. This is something that others, including me, cannot help you with. This is also the premise to avoid you stepping into pits or taking detours.
The detours and pits you have taken in the cryptocurrency circle, if you calm down and think about it now, are they related to your own cognition, thinking, discrimination, and selection abilities?
Find a master who believes in following 100%, and you can learn from the effective experience and suggestions of predecessors, which can greatly reduce your probability of losing money, thereby helping you increase the probability of making money.
On the right path, the harder we work, the better the results will be, otherwise we will get deeper and deeper.
Leverage is more important than hard work.
As investors, we must follow the trend, learn to leverage strengths, and look at current choices with a future perspective.
The main uptrend of the market has started, and it is ready to pull the market to 700 million US dollars. Enter the long position at the current position
This BNB needle indicates that Binance is about to pump, it's time to go long, prepare to take profit on the next short at $BTC , enter with low leverage, hold on, wait for the opportunity to surge, and continue to watch for a pullback around 630!
Since the theft of the Indian exchange, shib has started a downward trend all the way, directly destroying the rebound. In addition, the recent stolen shib exchange has not been recovered, and it has been directly sold in large quantities, and the price has not risen.
At present, the United States prohibits the shouting behavior after the celebrity effect, and Musk has also stated in public that he will not carry out any cryptocurrency propaganda, resulting in the former Dogecoin and shib having no market support.
The sideways pattern of $0.00001330 formed on the daily line, Shiba Inu fell 1.11% in 24 hours. In addition, after the sideways end, there will be a short-term burst in the rise of shib.
But MACD and signal lines are still on the verge of a bullish crossover. At the same time, the 20-day moving average continues to act as a dynamic resistance, leading to a continued reversal.
According to the Fibonacci level, the continued collapse formed five bearish candles to test the 23.60% Fibonacci level, which is $0.00001331. However, the bullish candle ended the winning streak, and Shiba Inu aims to recover through a jump after retesting.
In addition, if the management fee ceiling breaks through $0.0001457, the SHIB dollar may reach the $0.00001560 or $0.00001662 levels in the next few days. On the downside, support is located at the psychological level of $0.00001200 and the low of $0.00001127.
The short-term shib's breakthrough position is not high, and now it has reached the bottom. The rebound trend needs to wait for the stabilization of the big cake.
If you want to ambush for a long time, it is very suitable to enter the market at this position now, and after the bull market comes, as one of the 100-fold coins, shib is expected to break through further in value, and the current market value has fallen by half!
Let's talk about whether RARE coin will continue to rise!
First understand this token: The full name of RARE coin in English is SuperRare. In fact, SuperRare is a market that focuses on collecting and trading unique single-edition digital artworks. As we all know, the NFT market has been very popular in recent times, and RARE coin, as the token of the NFT sector, has also developed very well recently. In SuperRare, each piece of art is truly created, and all users can own or trade these special artworks here.
The current price of RARE is 1.8, and today's increase is +63.5%, and the 24h transaction amount is 110 million. The current circulation market value of RARE is ¥1.2 billion, the total supply of RARE is 1 billion RARE, and the current market circulation is 700 million RARE.
The NFT market has recently returned to prosperity driven by Trump's NFT, and at the same time has driven the growth of the transaction volume of the SuperRare trading platform. As a platform currency, RARE needs to charge RARE coins as a handling fee while the transaction volume increases, which greatly increases the transaction volume.
From the end of July to mid-August, Trump brought a lot of heat to the cryptocurrency circle, and the opportunity for speculation is now at a high level. It is reasonable to wait until after the November election and then ambush. It is recommended to start below 1.2.
Now the position of SATS has reached the stage of long-short game again. How should we deal with this popular token in the top rankings!
The trading volume of 1000sats is 200-400 million every day, which shows that the market heat has not diminished. After the decline last night, the fans who followed my advice and re-entered the car from the 0.00028 position have already benefited from today's short-term gains. Operation suggestions: 400 million inflows were in the trading volume last night, and there is still room for growth in the short term. It is recommended that those who want to start now wait for the 0.000286 position to enter the market again. The trading volume will decline over the weekend, and it is also a key position for locking positions. Those who enter the market at the 0.00028 position can wait for the 0.0003 position to take action and eat the band. There will be another decline before September. The operation of the expected interest rate cut in September is coming. The bull market doubling coin must have a place for SATS. The market value is not high, and the popularity once surpassed ORDI, which has practical applications!
Possible 100x coin tracks and layouts in this bull market cycle
Key focus areas: Bitcoin L2, Inscription, L1 public chain, Solana ecology, new tracks (DePIN, DeSoc, DeSci, etc.).
In the last cycle, Ethereum was the dominant public blockchain, and that was the PoW era. Ethereum not only had high gas fees for transactions, but also had relatively low TPS and slow transaction confirmation. A game could almost bring down the entire Ethereum network. For Ethereum at the time, the pressure to carry large-scale blockchain technology applications was enormous.
In the last cycle, Ethereum was the dominant public blockchain, and that was the PoW era. Ethereum not only had high gas fees for transactions, but also had relatively low TPS and slow transaction confirmation. A CryptoKitties game could almost bring down the entire Ethereum network. For Ethereum at the time, the pressure to carry large-scale blockchain technology applications was enormous.
Will I definitely get my money back if I keep holding the spot?
Maybe I am different from most people. I think it is also necessary to stop loss in time for spot transactions!
Once it falls below 20%, you will need to see a 25% increase to make your money back.
In this case, if you buy junk coins, it will be a long time before you can get your money back.
There was a new currency called SAGA, I think everyone should be familiar with it.
It was the emergence of this new currency that led to the subsequent adjustment of Binance’s policies!
At that time, it was a new coin, and just after it was launched, the price did surge by 50% to $7.89. At that time, everyone was full of confidence in this coin, but in just one night, this coin stopped rising, and it has been falling all the way, and now it is only $0.9.
Congratulations to the fans who got off 1000SATS in batches at 0.00033 and successfully entered the market at 0.00028.
Why am I so convinced that sats will return to 0.00028? Judging from the daily trend, it failed to break through the resistance level of 0.0003460 and fell straight down, breaking the support level of 0.0003082, so the trend is already very obvious, and the recent data are all negative for the coin circle. After the data came out last night, the downward trend was already very obvious. The support level was broken one after another, coupled with the negative data, which contributed to this wave of decline.
Remember, if you view your investment as a long-term investment, the decline in the market should be seen as an opportunity. It provides an opportunity to buy more tokens at a lower price. It is crucial to develop a strategy before making any purchases, and never invest all your funds in it. If you like spot trading, want to roll funds together, and stock up on bull market spot trading
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TON's success is based on the user base of TG Telegram. At the same time, Telegram can now connect to wallets, which is more convenient to operate than SOL chain. Those who have used it understand that TON can directly and simply copy the address to transfer coins on the chain, which is much more convenient than SOL chain. SOL withdrawals require addresses, and the operation is more troublesome from wallets to chains.
TON chain is mainly based on games and meme coins. At the same time, it can trade multiple platform tokens, and cross-chain conversion is also convenient. You only need to link the wallet of the trading platform. The shortcomings of TON chain are also obvious. The main reason is that the playability of general games is not high. Most of them are small games, and the tasks are cumbersome. From a long-term perspective, TON has a user base of over 100 million, which is not much different from SOL. At the same time, the convenience of Telegram will make more people choose it after slowly contacting it.
Just now, big investors started to sell SATS in batches, and the trading volume decreased to 110 million US dollars, a year-on-year decrease of 40 million US dollars. The turnover rate also changed from 400 million to 300 million. A total of 200 million funds flowed out last night. The selling of big investors and the data last night caused the big cake to fall. The downward trend of SATS is bound to accelerate. Tonight's unemployment data is likely to be bearish. The current price is at 0.0002950, and the support level below is 0.0002762. If it falls below this level, it will fall further. You can consider re-entering at 0.00028!
As for SATS, its current position is around 0.00032 and it has not been able to hold steady at 0.00034. The downward trend has become obvious. The trading volume generated by the left and right hands is around 400 million US dollars and the actual trading volume is around 140 million. This shows that a large number of institutions are buying and selling in the short term. The current rise is entirely due to the market's trading volume and the presence of big players.
The next target for SATS price is to break through the $0.000349 resistance and turn it into support. There is no recent breakthrough and it will take some time to fluctuate.
Tonight’s CPI data will cause a brief shock, so it is recommended to exit in batches.
After the CPI data is released tonight, it is likely to be positive. It is expected that the market will go up and down tonight. It is recommended to make a decision after the data is released. The recent market trend has been volatile. Tomorrow night's unemployment data is more important than tonight's CPI data. If the unemployment data does not meet expectations, the market will directly usher in a plunge. This is not false. The unemployment rate determines whether the next economic recession in the United States is serious. At present, the unemployment data released is likely to be positive, in preparation for the next interest rate cut. #美国7月PPI低于预期 #美国CPI数据即将公布
What will the market look like after the US dollar rate cut?
You can refer to the bull market that occurred after the rate cut in 2019. The situation at that time was not much different from the current situation, except for the impact of the epidemic. The rate cut at that time was also due to inflation data lower than expected, and the hype expectation of the US economic recession. The subsequent rate cut was 25 basis points. It just so happened that after the rate cut, the market ushered in a short-term rise, followed by a big suction cup, and it took a full 4 months to return to its normal position. Subsequently, it rose steadily throughout the year, opening a violent bull market. Almost all cottages were rising. At that time, there were not as many cottage coins as now, about 300-400. In addition, the previous wash washed out half of the market, resulting in a halving and then a drop of about 20%. Many of the bottom prices that you can't see today were fulfilled that year. At that time, almost every day I asked how much it fell today, and whether there was a blockchain revolution? Let me explain to you that there will be a short-term rise after the interest rate cut. You can buy half of your car when the price of Bitcoin returns to around 70,000 or even 68,000 US dollars. Maybe history will not repeat itself, but the dealer is really cutting people! #美国CPI数据即将公布 #美联储何时降息? #加密市场反弹
Binance Launchpool launches the 56th project Toncoin (TON), starting at 2024-08-15 00:00 (UTC) and mining will last for 20 days. This is a decentralized, open L1 blockchain. The webpage is expected to be online within 24 hours before the launch of the new coin pool. #TON #新币挖矿TON
There is no permanent profit master in this market. The most you can do is to know some inside information and recommend it to you! So, you just follow the trend. Can you hold on to a coin now? My advice is not to, unless you buy a big cake. Ethereum has not risen again now. The hype of SOL and BNB still needs to wait until September. For the coins that are rising now, you only need to sell them at your psychological point and wait for the next big drop to buy. Remember, if you regard your investment as a long-term investment, the decline of the market should be seen as an opportunity. It provides an opportunity to buy more tokens at a lower price. Before making any purchase, it is crucial to develop a strategy and never invest all your funds in it. If you like spot, want to roll funds together, and hoard bull market spot, click on the avatar, follow me, and share for free. #美国7月非农就业增长放缓 #加密市场反弹 #美联储何时降息?
Just now, SATS rose 14.6% in the day, and its market value surpassed ORDI.
The inscription leader sector changed hands to SATS. SATS's increase today is so high that it has surpassed ORDI's market value. What is special about SATS as a meme coin?
Sats is named after the smallest unit of Bitcoin, Sat. Now as the settlement gas fee of the UNI platform, the heat was ignited in an instant, and now it has surpassed the inscription leader ordi. The recent trading volume is large, and the daily trading volume accounts for about 4% of the market, and the price is rising steadily. It has fallen 90% from the top, which can be said to be the bottom of the bottom. After the 7.5 plunge, it once pulled more than 2 times the profit and entered the hot meme list. The market recognition has increased, and the trading volume has increased. Now it has surpassed the leader ordi. Recently, there is a token with a similar increase to sats. If you like spot, want to roll funds together, and hoard bull market spot, click on the avatar, follow me, and share for free.
The decline in the past two days is actually the liquidation of leverage. A 30% decline is a very normal operation in a bull market. The characteristic of a bull market is repeated shuffling. If too much leverage is not cleared, there will only be a larger decline. After all, the dealer will not think of giving you more chips. Only when most of the leverage in the market is cleared, the pull-up trend will continue. Every decline is your opportunity to re-layout. Spot players must hold on to the big cake, and copycat players can do a good job of selling at the bottom of the band! Remember, if you regard your investment as a long-term investment, the decline in the market should be seen as an opportunity. It provides an opportunity to buy more tokens at a lower price. Before making any purchases, it is crucial to develop a strategy and never invest all your funds in it. If you like spot, want to roll funds together, and hoard bull market spot, click on the avatar, follow me, and share for free. #美联储何时降息? #加密市场反弹 #美国7月非农就业增长放缓