At this moment, staring at the red and green candlesticks, you are secretly regretting why you didn't buy the dip earlier. You opened a suddenly cheerful group chat and casually chatted for a bit, pretending that you also made some money. You completely forgot that just over two hours ago, you felt like the cryptocurrency market was about to crash, and the kind of dark, hopeless fear when BTC was still in a downtrend. When you can’t help it any longer and anxiously, mindlessly click that familiar button again, the familiar plot unfolds once more…… Any resemblance to actual events is purely coincidental #PCE通胀降温 #USUAL走势分析 #比特币市场波动观察
On December 20, 2024, the cryptocurrency market experienced a significant decline. The main reasons include:
Impact of Federal Reserve policy: The Federal Reserve announced a 25 basis point interest rate cut at its meeting on December 19 and cut its forecast for interest rate cuts in 2025 from four to two. This "hawkish" stance triggered market concerns about future economic growth, causing investors to rise in risk aversion and sell high-risk assets, including cryptocurrencies.
Stock market volatility: U.S. stocks have been weak recently, with the S&P 500 and Nasdaq falling continuously. The decline in the stock market has exacerbated investor risk aversion, further affecting the performance of the cryptocurrency market.
Leveraged trade liquidations: As cryptocurrency prices fell, approximately $600 million in leveraged long positions were liquidated in the market. This massive liquidation added to market volatility, causing prices to fall further.
Market Sentiment and Profit Taking: Market participants tend to adopt risk-off strategies ahead of the Fed meeting, leading to increased selling pressure. In addition, some investors chose to take profits at high prices, exacerbating the downward pressure on the market. #USUAL持续飙升 #比特币市场波动观察 #加密市场回调 #萨尔瓦多增持BTC
22 Ways to Earn Crypto on Binance: How to Make Money Trading on Binance?
Binance has earned its place as the largest cryptocurrency exchange thanks to its low trading fees and wide range of trading options. The platform offers easy-to-use instant buying and a suite of advanced trading tools, including futures and options. Binance now supports over 350 cryptocurrencies. Let’s explore a few ways to grow your cryptocurrency reserves by trading on Binance. 1) Spot Trading On Binance, you have two spot trading options. The exchange’s Instant Buy feature is newbie-friendly, offering a simple point-and-click interface to buy, sell, and exchange cryptocurrencies. While other platforms offer similar options, Binance makes simple trading more affordable with lower fees and tighter spreads.
Warning: It is better to trade cryptocurrencies while standing than to trade stocks while kneeling!
The daily limit of A-shares in the past few days has made many friends who have just entered the cryptocurrency circle envious. However, today's sudden plunge has dumbfounded those who were preparing to withdraw funds and prepare to enter A-shares. I have always had a point of view: I would rather trade in cryptocurrencies than stocks! Today I will try to analyze it objectively from different angles. 01 Reason 1: Cycle Return Rate In terms of periodic return rate, cryptocurrency trading can be said to be far superior to stock trading. Take a look at the K-line of the Shanghai Composite Index and BTC. Shanghai Composite Index: Let's be fair. From 1,000 points in 2005 to 6,000 points in 2008, this is only a 6-fold increase. Another relatively large cycle rate of return is from 2,000 points in 2014 to 5,000 points in 2015, which is about 2.5 times.
According to HODL15Capital data, the bitcoin holdings of various countries are as follows: The United States holds 204,280; China holds 190,000; The United Kingdom holds 61,000; Ukraine holds 46,351. #美国8月非农就业人数不及预期 #小非农增幅创3年多新低 #BTC走势分析 #BNBChainMemeCoin
1. The US economy is good: it means the probability of interest rate cut is low, and the market fell
2. The US economy is stable: it means there is no turning point, and the market fell
3. The US economy is in recession: it is going to be depressed, and the market fell
4. The US dollar cuts interest rates by 25 points: the good news turns into bad news, and the market fell
5. The US dollar cuts interest rates by 50 points: such a fast cut means there is something wrong with the economy, and the market fell
6. The US dollar does not cut interest rates: there is no liquidity, and the market fell
7. The US dollar raises interest rates: black swan, and the market fell
8. Powell releases good news: the good news turns into bad news, and the market fell 9. Powell released negative news: big drop 10. Trump was elected president: good news turned into bad news, drop 11. Harris was elected president: hit the cryptocurrency circle, big drop 12. There are whales buying: the whales must be blown up, drop 13. The whales did not move: it means the market is cold, drop 14. There are whales selling: it means that big investors are not optimistic about the market, big drop #小非农增幅创3年多新低 #非农就业数据即将公布 #BTC走势分析 #BNBChainMemeCoin
Now is the time to buy the dip, and bitcoin could explode in the coming months!
The Federal Reserve has hinted that it could start cutting interest rates as early as September. The 25 basis point cuts are expected to continue into October and November, with a possible 75 basis point cut by the end of the year. Historically, lower interest rates have stimulated markets, and Bitcoin is no exception.
Potential changes in U.S. political leadership could also affect Bitcoin's price action. With the 2024 election approaching, Deputy Prime Minister Kamala Harris could roll out favorable cryptocurrency policies to appeal to voters. While she is not a staunch cryptocurrency advocate, any positive statements or promises related to cryptocurrency could break down regulatory barriers and boost market confidence. Such moves could support Bitcoin's growth by encouraging wider adoption and institutional interest.
Former President Donald Trump's comments on Bitcoin have added another layer of bullish sentiment. If Trump wins the election, his policies could lead to a massive influx of institutional investment into Bitcoin, with some analysts predicting that Bitcoin could reach $150,000. His stance could also encourage other countries to follow suit, further boosting Bitcoin's value around the world.
BlackRock's involvement in a Bitcoin ETF is another bullish signal. As one of the largest asset managers, BlackRock's foray into the Bitcoin market with an ETF shows Wall Street's growing acceptance of crypto. Moreover, as Wall Street giants such as Goldman Sachs also begin to offer Bitcoin to their clients, institutional adoption of Bitcoin could soar. BlackRock's entry is not for short-term gains; they are looking at the long term, which could drive continued growth for Bitcoin in the coming years.
Finally, as Bitcoin prices rise, the wealth effect is expected to ripple through the entire cryptocurrency market, especially benefiting altcoins. Historically, when Bitcoin soars, altcoins tend to follow suit, often with huge gains. If Bitcoin sets new highs, this cycle could become more pronounced, with Ethereum potentially reclaiming $4,000 and other altcoins seeing significant price increases. #加密市场急跌 #非农就业数据即将公布 #BTC走势分析 #BNBChainMemeCoin
A round of decline has washed away so much glitz, and people will realize that getting rich overnight is an illusion, and sticking to long-termism is the right way.
Looking at the past, how many famous people have become history. Only then can we understand the saying:
Investment is not about who makes more money, but who lives longer.
However, long-termism is not simply doing one thing all the time. I happened to read an article by Teacher Liu Run these two days, and I have in-depth thoughts on long-termism. For us, the essence of long-termism is to insist on compound growth, that is, to find the right direction, insist on it and keep improving.
There are three keywords: 1. Right direction; 2. Long-term persistence; 3. Continuous improvement
1 Right direction
In terms of industry selection, generally speaking, it is to exclude those industries or positions that will be eliminated in the future. If the requirements are higher, then those industries with potential in the future. For blockchain practitioners, they naturally believe in the future of this industry.
From a smaller dimension, an industry is also very large, and there are many choices. For example, you can start a business, do projects, play games, invest in the first level, go to work (various positions), play games in the second level, and play MeMe, etc. These directions are all good, and the right choice here is to be good at what you like.
2 Long-term persistence
To achieve compound growth, long-term persistence is necessary. Compound growth requires the accumulation of time. In fact, in the currency circle, this is the most difficult to expand. Those who see that playing games makes money, go to play games, see that someone gets rich by playing MeMe, and see that mining makes money, go to buy mining machines. That is definitely not compound growth. But driven by the effect of getting rich, most people will go with the flow.
3 Continuous improvement
For compound growth, continuous improvement is the most critical point. If you just do one thing over and over again, even if you do it 100 million times, it is still that thing. Therefore, there will be a 35-year-old crisis in society. The simpler and more repetitive the position, the more likely it is to have a 35-year-old crisis, because they are easily taken over by newcomers.
Continuous improvement, a very recommended measure is regular review. Regular review means constantly summarizing the good and bad aspects and improving them.
The current market must be cautious and not blindly chase more. Let me tell you an old story from four years ago, I hope it can remind you!!!
March 9, 2020 The US stock market announced the first circuit breaker, and the market ushered in a big plunge again. ETH fell from $210 to $190, a drop of 10%. BTC fell from 84 million to 77 million, a drop of 8%. After two consecutive days of plunges, the air force was revelry, and most of the air force had closed their positions. March 10, 2020-March 11, 2020 Sideways, after two consecutive days of plunges, many people felt that the risk was over, and even many people had opened more. March 12, 2020 On the day of the plunge, the drop was very severe. ETH fell from $1,500 in the bull market to $150. I couldn't help but go all-in and open more. 99% of people felt that the opportunity had come and started to go long. Even our air force group, under the leadership of the group leader, joined the ranks of bottom-fishing. Everyone I know in the cryptocurrency circle has already opened a long position As a result, there was a super big crash that night Due to the outbreak of the epidemic, the US stock market ushered in the second circuit breaker ETH fell from $190 to $120 that day, a drop of 37% BTC fell from $8,000 to $5,500 that day, a drop of 31%
I have experienced Mentougou, 94, 312, 519, Brexit, Luna crash, Sanjian crash, FTX collapse, exchange runaway, mining machine withdrawal, ten ministries and commissions issued documents, twelve ministries and commissions issued documents, US stock market circuit breakers, Ukraine war, Fed continued to raise interest rates, Nikkei circuit breakers, these small scenes can't defeat me.
If SOL falls below $110, it will trigger a total of $12 billion liquidation of several Wall Street institutions!
Just now, we witnessed history: the total liquidation amount of the entire network in the past hour was $401 million.
The cryptocurrency circle has set the largest liquidation/liquidation volume in history since the collapse of FTX.
I have always told you that SOL is an asset worth holding, which is of course true.
Now I will tell you a ghost story: If SOL falls below $110, it will trigger a total of $12 billion liquidation of several Wall Street institutions!
Therefore, two strategies will be derived here:
1. When it is 115-118, directly open a long bet to protect the rebound and set a stop loss at the same time.
2. When it is 112, wait for a huge sell order or a large amount of deposits into the exchange, open a short position and wait for the chain liquidation and fireworks.
Since I met you, my life has changed dramatically. I know that there are people who can make hundreds of thousands of yuan a day, which is a number I can never imagine in my life.
I am unwilling, I am angry, and I also want to be a superior person like you. I resolutely pushed my electric bike into the river, and rushed into this world of fame and fortune with a hint of determination.
But why, how could it be like this? Isn't it possible to make hundreds of thousands of yuan a day if you come in? Why did the few hundred yuan I had left disappear in the blink of an eye?
I looked at my phone, although the number of tokens was still there, where was my money?
Please, I don't want hundreds of thousands of yuan anymore, I just want my few hundred yuan back, please give it back to me, tears flowed from the corners of my eyes, I didn't know whether it was sadness or despair, walking and walking, looking at the electric bike I pushed into the river, it was already rusty.
Ai artificial intelligence sector DEPIN, good concept and narrative, this track will have room for speculation later
Cosmos ecosystem: In this round of bull market, many currencies with dozens or hundreds of times of increase have emerged in the Cosmos system. You can see that om and lamb belong to the Cosmos system. om has increased by hundreds of times since the start of the bull market. It can be seen that the value of lamb is seriously underestimated. Once the speculation starts, it will increase by at least ten times.
Modular L2: Near and tia are both modular public chain currencies. The performance in the last round increased by several times. Lamb is even more powerful. The increase in the last round of speculation exceeded dozens of times. If modularization and Ethereum ecology start to rise in the later stage, lamb, as a modular second-layer protocol of Ethereum, is discovered by value and has the opportunity to be hyped more than ten times when it returns to the high point.
Lamb project has a conservative 10 times return from the benchmark project. It is recommended that brothers can have a heavier position. This project can help you turn things around in this bull market!
The cryptocurrency market is currently in the middle of the fourth bull market.
Historical data shows that a bull market generally lasts for a year, with a slow wash-out decline in the first eight months, a surge in the next two months, and a peak in the last two months.
The bull market started in December 23, so there are still six months. The outbreak is expected to arrive in October and will last until around May 2025.
The large unlocking amounts in August (unlocking amount greater than 10 million US dollars) include DYDX, SUI, ZETA, GAL, W, IMX, XAI, APT, SAND, STARK, ARB, APE, ROSE, PIXEL, AVAX, OP, etc., with unlocking value exceeding 900 million US dollars.
Futu Securities International (Hong Kong) announced that it will officially launch cryptocurrency trading services on August 1, becoming the first brokerage in Hong Kong to launch zero-commission cryptocurrency trading, and join hands with Hong Kong people to welcome the Web3.0 era.
Hong Kong individual investors can enjoy safe, licensed, zero-commission cryptocurrency trading services by opening Futu's application Futu Niu Niu, and can easily obtain Bitcoin rewards of up to HK$800 through community interaction and other tasks.
Futu Securities Managing Director Xie Zhijian said that Futu has full confidence in the future of Hong Kong's Web3.0 industry. According to the bank's survey, more than 40% of investors who have never traded virtual assets expressed their desire to trade on Futu Niu Niu, and nearly 75.6% of experienced investors are also happy to see Futu launch virtual asset trading services on the platform.