Lifelong imprisonment CZ joins Binance? What will happen next? ? ?
CZ's resignation and lifetime ban mark an important turning point in the crypto industry. It is worth paying attention to whether Binance can continue to move forward without CZ.
This decision sends a strong signal to global regulators that Binance is taking compliance issues seriously, which is a positive demonstration for the entire industry.
CZ's resignation will undoubtedly have a profound impact on the future of Binance. I look forward to seeing how the new leadership will respond to this challenge.
Have you noticed that recently some copycats have rebounded faster than the big cake, and the big cake has fallen a lot while the copycats have gone sideways?
I think there may be only one reason, that is, the loss of the share of the big cake has peaked, and money has begun to flow from the big cake to the copycats. After the big cake has fallen, the fourth quarter will be the season for small copycats
1. Sharp drop stage: Everyone made a lot of money in the last bull market, so when it turns to a bear market, it will definitely fall sharply. So the first drop was very fierce.
2. Rapid rebound stage: The first round of decline was too severe, and many people thought it was not a bear market. They still had the old idea that it would rebound after falling to the bottom. So after the first stage reached the bottom, many people who had previously escaped the top ran back to buy the bottom, which led to a rapid rebound. However, the high point of this rebound will definitely not exceed the high point of the previous round.
3. Oscillation and differentiation stage: After the rebound in the second stage, some smart people thought that the bear market was coming and ran away quickly. Some people thought that the bull market was not over yet, so they continued to buy. At this time, some people were bullish and some were bearish.
4. Shrinking and negative decline stage: After a long period of volatility, the market began to break the high point of the previous round, and then slowly fell or fell. At this time, basically no money can be made. In this wave of decline, it is almost at the bottom of the bear market.
5. Hesitant Rising Stage: At this time, the market began to rise slowly, but everyone was still a little hesitant and was not sure whether the bull market was really coming. So the rise was not fierce, but it was rising all the time. This is actually the beginning of the bull-bear conversion, and the bull market has also risen. This is the first stage of the bull market, and no one believes that it will rise. The market always goes against the thinking of most people, and the result is that it rises all the way. If it rises too much, it will reach the second stage of the bull market, and everyone thinks that it will fall back. This is also the bottoming stage before the big bull comes, and the market valuation is low again at this time. Generally, after the bottoming is finished, there will be a new low decline, which completes the bottoming stage. At this time, the market is volatile. The most important thing at this time is that we have to survive. As long as we can survive, good days will definitely come. The biggest problem at this stage is how to survive. To be honest, brothers with full warehouses can only bear it hard, and not cutting losses is the best way. For brothers with funds, buy more when there is a big drop, and buy less when there is a small drop. This is a good way in the bottoming stage.
A drop before the rate cut is more reliable than a direct pull on the day of the rate cut
Instead of waiting for the market to rise directly after the rate cut on September 18, it is better to have a correction first. This will not only pave the way for the subsequent rise, but also keep the market calm. Don't just focus on the day of the rate cut, the real focus is later. If we really enter the rate cut cycle, there is a possibility of rate cuts every month, just like the monthly rate hikes in 2022, the stamina will be very strong.
So, don't rush to see the good news and be impulsive. The adjustment before the rate cut is actually a good time to prepare for future rises.
The son asked his father: "Why should I read more?" The father said: "If you read books, you will know what blockchain, cryptography, decentralization, distributed ledger, consensus mechanism, double spending, fork, smart contract, hash value, token, lightning network, proof of work, private key are when you go to trade cryptocurrencies... If you don't read books, you will only say: Oh my god, it fell again!"
Can Bitcoin break the curse of falling in September? Recently, market sentiment has become more and more one-sided. Those who could hold on and hold out hope for the bull market before, after experiencing the market in August, have also exhausted their last bit of confidence and patience. Compared with the history of the currency circle, everyone has been saying that September has always fallen, so this September in 2024 will also fall. It made me curious, so I quickly opened the K-line to see that since the existing K-line in 2014, a total of 10 Septembers have been experienced. I circled it and saw that I had seen 7 of them. The monthly closing of Bitcoin was a negative line, and there were only 3 positive lines. Therefore, according to history, it is inferred that September will fall. I was shocked. Now such a high-quality industry as financial investment can actually use such a rough method to predict the market and make money. Then who will lose money? Who else can't read the market! Open the market and look at the history of every month, every day, whether it rises more or falls more, you can make money, 3.12, 5.19 both fell sharply, so panic, but did it fall sharply on 3.12 every year in history? Obviously, there has only been one time so far. The historical trend has a certain reference value for our investment, but it is just a reference. If the future market simply repeats the past, I believe everyone in the currency circle can make money. So why do many people always say that this bull market is different from the past? In fact, every bull market is different. If you imagine that you can make money according to the trend of the previous wave in advance, then you think too simply. There is no river in the world that is exactly the same. How can you imagine catching the same fish every time? Different time, different background, different participating forces, and different stages of development of things. Just like the four seasons of the year, abandoning the seasons and just looking at the temperature of each day, it will be a mess. I don’t know whether the temperature will get higher or lower in the future. We are still in a bull market. The correction in the bull market is for a better rise. The market will only get better and better in the next period of time.
September 6: US unemployment rate announced September 10: Trump vs Harris TV debate September 10: US Congress Defi-related hearing September 11: US CPI index announced September 12: US PPI index announced September 18: Fed interest rate decision day (whether to cut interest rates) September 18: US Congress held a hearing on the currency circle pig killing plate September 23: US Congress held a hearing on the SEC's cryptocurrency enforcement power September 29: CZ regained his freedom
Before the main bull market uptrend comes, the altcoin will have to pull back 80-90% Isn't this a routine operation? It was the same every time Before the last bull market in 2017 When it hit 94, Bitcoin was cut in half, and the altcoin fell by 80-90% It was the same on 312 in 2020 It was the same in September 2020, Bitcoin only fell by 20% DeFi all pulled back 90% It was the same in the summer of 2021, Bitcoin was cut in half The altcoin fell by 80-90% It's the same this year Bitcoin pulled back 33%, and the altcoin fell by 80-90% There's nothing pessimistic about it
$DOGS fell very smoothly. The listing of this kind of coin on Binance is an opportunity for dog dealers to sell. Last Saturday, a wave of false breakthroughs trapped many people again.
$DOGS , a worthless coin, is destined not to be very FOMO this year
The most powerful coins have all been cut in half now. Please raise your hands if you hold more than 2 coins🤣 #BOME : -79.48% #WIF: -70.93% #SHIB : -70.86% #Floki: -65.97% #BONK : -64.63% #MEW: -62.99% #Brett: -62.59% #PEPE : -58.16% #DOGE : -57.93%
$BTC The falling channel is open, and the cryptocurrency market cannot escape the big drop in September? August has closed perfectly, closing above 5.8W; whether it is a coincidence or not, it is already history that cannot be changed. On the first day of September, the cryptocurrency market started a negative decline, which is another depressing day for those who hold spot goods. However, since April this year, this trend has been maintained for half a year. Everyone should learn to adapt slowly, because if you choose this road, you have to walk it on your knees. As for hearing many people say: At present, the monthly line of Bitcoin is in a falling channel, and the high and low points are indeed moving down, but it does not mean that the market will continue to fall. When most people in the market can see that the market has reached its peak and is about to enter a bear market, it should be paid special attention, because there is a 28th law in the financial market. Everyone knows that the cryptocurrency market in 2024 is completely different. With such an obvious top coming out, everyone clears their positions. Isn’t it the main force that becomes the one who sends money! Think about it, this thing is still unlikely to happen. This is a test. Some people get off the bus halfway, some jump off the bus halfway, and some are driven off the bus. No matter what, as long as you stay on the bus, you will reach the destination. Many people are not optimistic about September. Indeed, judging from the current trend, it is impossible to be optimistic; but the real results of investment are long-termism. There are always people who become cannon fodder. It depends on who can't bear it first. Only by maintaining an optimistic attitude can you live well in the present and grasp the future. Finally, I will use a paragraph of my own random words to make a summary: The trend of the currency circle is impermanent, so there is no need to worry too much!
Offshore RMB rose less than 400 points, and it is possible to break 7 in this round of trend. In addition, the US dollar index has been depreciating. It was received at 101.34 yesterday, and the lowest in the past few days was 100.51. It is estimated that the next round of decline will break 100. This also indicates that the strength of the US dollar will slow down and the interest rate cut cycle will begin?
The more promising ones are classified for your reference 1. Public chain: eth, sol 2. Meme coins: pepe, bonk, floki, wif, bome, myro 3. Ethereum-generated tai: ldo, ssv, ens 4. Big pancake-generated tai: stx, ordi 5. Games: ygg, gala 6. AI sector: rndr, arkm
$SOL : It finally rose a little during the day, but fell sharply at night, with a drop of 5%. There is no sign of damage at the moment. The 4-hour and daily levels are falling fiercely.
The 1-hour level is sideways and oscillating. If the market continues to fall
We should pay attention to the three price levels of 138.053-135.223-132.528. If the 1-hour rebound breaks 140.562, there will be a short-term opportunity
The upper target is: around the two prices of 142.365-140 4.588
Ethereum pulled back again yesterday! This year, even the upgrade benefits of Ethereum and the ETF’s call for orders by Vitalik Buterin seem to be unable to boost the market. Ethereum, once the king of public chains, is recognized as a target to buy with a blind eye in the cryptocurrency circle, but now it is despised by investors. Does Ethereum still have value? We need to find the answer from what Ethereum is going to do and its development process. Some coin friends may not know much about the development of Ethereum, so I will simply talk about it from the beginning. First of all, the overall vision of Ethereum is different from that of Bitcoin. Ethereum’s vision is to become: a decentralized world supercomputer icon and a global computing platform. The concept of Ethereum was proposed in 2013 by V God, the core developer of Ethereum, who is a technical genius.
I personally think it is a relatively worthwhile target
1. baby Again, memecion will run through the entire bull and bear markets, and this track should be the only one that can run through the bull and bear markets. In every round, a new king of local dogs is born. I think this wave of retracement to around 05 has reached its ceiling, because the starting point of the previous wave of rise was around 04. This wave of performance is so strong that most of the copycats have returned to the previous bear market low. The fact that the copycat stock does not hit the previous low shows that it is protected by strong market makers and is favored by capital. 2. done I think there are no doubts about the targets in the AI track. In the past, the AI track was full of chaos, and anything related to AI could fly well. But this round is likely to be different. Only those with technological breakthroughs and computing power to take on competitiveness can fly.