Personally, I think that the future of the cryptocurrency will be dominated by a few coins that are BTC and ETH, followed by SOL.💰💰 On the other hand, none of the altcoins in the past few years have really made investors make money. Another problem is that the amount of funds in the cryptocurrency is actually small. Too many altcoins have emerged to divert investors' funds. In the end, these investors' money were fleeced by the altcoins and then those altocin were delisted. In fact, most of the funds have been diverted into the altcoins, so the money flowing into Bitcoin will be less, resulting in the price of Bitcoin not being able to incerese. Once the value of Bitcoin cannot be increased , there will be less money invested in the cryptocurrency. Therefore, a larger amount of funds of investers will be fleeced by those altcoins whose values have been increase a lot, making Bitcoin even more difficult to increase. The wealth-creating effect of the crypocurrency circle will disappear, and it will be difficult for new investors to enter the cryptocurrency market. Looking at the global financial market, there are no such a lot of investors fleeced by those altcoins as in today's crytocurrency circle,except for Bitcoin and Ethereum holders, almost all investors are losing money. The market needs to be improved, and investors' awareness will also raised. The future market of altcoins will become more and more belak. The performnace of those altcoins in this bull market is the best proof.💰💰#CPI_DATA #DOGSCommunity
After Bitcoin broke through 60,000, it could not stabilize here. Is the market heading for a weak decline⁉ No‼ The current market is more like a aggressive short selling trap before a wave of upward trend‼ Everyone knows that both the U.S. stock market and the cryptocurrency circle experienced a shar[p fall after the Federal Reserve announced unemployment data last week. It can be said that this plunge shocked all traders. However, this unemployment data is not objective statistic. Therefore, after the decline of the U.S. stock market, more traders believe that the Fed’s interest rate cut from September to October will be positive news, so the U.S. stock market took the lead in starting a bounce.However, there are many institutions are still initiating the whipsaw to make the immaturity of traders and t many investors in Bitcoin to lose money, which caused a surge of the U.S. stock market that everyone saw last week, while the crypocurrency expeienced a constant delcine. In fact, it is not a negative news, but the entire US financial system generally believes that there will be a bull market from September to October, but the institutional control methods of the currency circle are stronger, and the trading ability of retail investors is weaker, so it takes longer for Bitcoin to wash the market. That is why the US stock market took the lead in launching a large-scale rebound due to the influence of the Federal Reserve data, but the currency circle is still falling. So I am personally more bullish on the subsequent trend.Then there may be a small bull market by the end of September at the latest. It is possible for ETH to break new highs, but if it does not do so, it is possible to form a one-way market trend , with a upward movement. Therefore, we suggest that everyone place long orders at 2556 since Ethereum has been stagnant and weak. At present, this buy order is still held, and we want to hold this buy order for a long time until the end of this week. Let's see if there is a chance to form a one-way upward trend to make a larger profit.#CPI_DATA
ETH formed a reversal pattern within a trading day, creating a door-like shape on the chart‼ BTC breaks through and then falls below the 60,000 , and is about to fall again⁉ Don't panic. This is actually a bullish trend‼ On last weekend, Ethereum and Bitcoin both ushered in a relatively strong bounce, but the trading volume is too small to break through the key resisitance level, so Bitcoin fell below 60,000 in the morning on Monday, and Ethereum also fell , forming a door-like shape on the chart. This is actually a very standard market manipulation to whipsaw the bulls before a major upward trend. ETH fell to 2605 and bounced to 2640. If its movement is unfavorable for trading, it may retest the support band between 2480 and 2540 for the second time. If its market trend is favorable, it will continue to rise to 2700 after the door-like shape pattern. The current maximum floating profit of my buy orders is nearly 40,000u, but I still did not choose to close the position but continue to hold them. Other bloggers charge for orders and future entry points that are not as profitable and accurate. Follow me and give me a like, and you will get market analysis and prediction for free. Excellent teams can make huge profits and win the trust and hearts of followers. OUR TEAM HAS MADE HUGE PROFIT MORE THAN $30 MILLION. Our team will publish market analysis and predictions with accurate entry points and directions to fans for free every day. What I want to do is record my journey to becoming the best trader in the cryptocurrency circle. I hope you can join us.#CPI_DATA #tonecoin #Ppi
At the beginning of Monday, Bitcoin fell below 60,000 after a pullback. Will it continue to fall⁉ If there is a whipsaw for the bulls at the 60,000 , I think it is very reasonable for the false signal that ETH just broke through 60,000 and then goes downtrend. In addition, today is also the beginning of the weekly chart for this week. ETH forms a lower wick on Monday, and then the weekly chart of ETH will exhibit a bullish trend for this week. I think it is a very reasonable market trend. Therefore, accroding to the current market movment, I would not be very pessimistic to think that 60,000 cannot be stabilized after ETH declined in this morniing after it hit 60,000 yesterday. I think this trend is very reasonable for a wave of slow upward movement. After all, the real upward trend comes from slow and steady rise followed by a sharp drop.#CPI_DATA #PowellAtJacksonHole
ETH hit 2680 and then pulled back, almost falling below the 2600 ‼ Is it going to pull back⁉ I think this is just a wave of whipsaw for the bulls, and there is limited downside potential for Ethereum. On daliy chart for Ethereum, you can see that ETH showed a strong upward trend over the weekend, closing two positive lines in a row. Today, its trend is a slight downward retrace , and it is very likely to form a hammer, and then turn to a upward trend, which is a favorable trend in my view at present. Today is Monday, and the real market has only started today, so I still haven't taken profit for the buy order at 2556 long order, and I am still holding it, waiting for the major market on Monday. If the market continues to go upward as I said before, our profit will increase further.#CPI_DATA #PowellAtJacksonHole
Ethereum is going to zero❓Why is the Ethereum ETF experiencing a net outflow every day❓ Is there any hope for Ethereum spot traders🩸 In fact, Ethereum is a very easy-to-operate currency compared to Bitcoin, because Bitcoin's increase is very large, but Ethereum’s increase is very small, and Ethereum shares some feature of altcoins, with obvious signals of its ups and downs. Take this round of decline as an example. In fact, everyone can easily identify this downward trend. You can see that Ethereum fell from its highest point of 2785 on August 14 to 2585 at 15:00 on the afternoon of August 15. This wave of decline can be regarded as the beginning of a round of downward trend. Actually, it is a clear entry signal for the investors to take advantage of a rally to open the short position after the downward trend starts. You can take a look at our trading suggestions in our signal group that is only accessibale for our members. We made a long order at 2526 in advance. After the price rebounded to 2680 last night, we suggested that everyone take profit on long orders and enter the market with a short position, following the market trend. Therefore, it is very easy to trade Ethereum by judging its market movement.#CPI_DATA #WBTC
Analysis of the market in the morning of July 31 After hitting $70,000, Bitcoin plummeted $5,000 and then experienced a narrow-range oscilliation near $66,000. Will BTC surge to $80,000 after the liquidation of longs or will it continue to osicilliate in a wide range near $58,000⁉ The day before yesterday, Bitcoin hit the $70,000 mark and experienced a deep correction of 5,000 points immediately, casuing the longs were liquidated. Actually, I have successfully predicted this correction and it was published in my article in advance, so I called for going short near $70,000, but my prediction for this wave of decline was not a downward trend at that time. Our current prediction for this decline is the last liquidation for the longs before breaking through $70,000. In other words, I think that there will be a upward trend after this correction. If you are interested in it, you can take a look the support band for BTC between 65200 and 64400 and the support band for Ethereum between 3240 and 3180. If BTC fails to broken through 64400 and ETH doesn’t break through 3180, you can choose to enter the market with long position. Follow the market trend, and continue to bet on the rising to break through $70,000‼ #Bitcoin_Coneference_2024 #BinanceTurns7
Everyone is concerned about the trend of Ethereum ETF. As mentioned before, the trading volume is sluggish and it is more likley have a round of decline. ETH did experienced a round of decline as expected, but Ethereum has been osciliated within the range from 3400 to 3500 for 7 days, and this decline has not been able to fall below this range. This movment quite makes me confused. At this time, you can observe the trend of BTC to judge the movement of Ethereum. Bitcoin has already fallen below the original osciliation range from 66,000 to 68,000. But it has now touched the support band of 65,200, so it may more likely to experience a slight rebound upwards and go downward. Likewise, ETH is also may go downward to fall below the support level after rebounding from 3430. At present, the more prudent operation is selling short at high price.#ETHETFsApproved #Bitcoin_Coneference_2024
After hitting $3500, ETH has been oscillating in a wide range between 3350 and 3500. Bitcoin has also been oscillating in a narrow range between 63400 and 65400‼ This market movement should be called the oscillating trend after a surge, so we are more cautious in opening a psoition, and this market is not suitable for frequently opening positions. However, you can go short at high price and go long at low price in this oscillation range from 3358 to 3520. So, just hold the positions if the price is broken through. Since the current wide range of oscillation will remain for a long time, there will be a new downward trend according to technical indicators. The market has not broken through the key support level, so I think that you can take profit for half to prevent from suffering a loss if there is a rising market and the remaining position is used to wait for the market to break through the support level and continue to fall after shorting at a high price.This is a better way to make a stable profit in this market trend.For example, going short near 3460 that I told you yesterday, and then ETH fell to 3360, so we made a profit of 100 points.#ETH_ETF_Approval_23July #CPI_DATA
The current market is quite indecisive‼ I told you that you can try to oenter the market with short positions at 3460 and then ETH fell to the lowest point near 3360, which generated about 100 points of floating profit. The market has tested the support level of 3340 to 3360 for many times, and the following market trend remains unclear. If the price falls below the support level of 3348 to 3360, it is estimated that there will be a plunge. If it cannot fall below the support level, it is estimated that it will surge today. Therefore, as I said before, we can take advantage of this resisitance level to go short or use the support level to go long. I am not sure that what will the following market trend be like, but you can make a try as long as you put a stop-loss when open a trading.#BinanceHODLerBANANA #ETH_ETF_Approval_23July
Important strategy update‼️ Must read for those with more than one million funds‼️ Short positions are porofitable now‼️ Then many fans with millions of funds entered the market and asked me a question. They intend to buy Bitcoin at the bottom with overweight positions, but they don’t know if the price is suitable for bottom fishing now? They are afraid that the price will fall and they will get stuck in the market when they purchase at the bottom. They also concerned that if they don’t buy at the bottom, what if the price goes upward to $80,000 and miss the bullish market‼ I give a suggestion. Take the purchase of 10 Bitcoins as an example. If you are afraid of missing the major bull market, you can buy 2 Bitcoins near the price of $63,000, and then go long with 4x leverage by taking bitcoin as the currency standard. If the market remians bearish, you can place an pending order from 56,000 to 48,000 to buy the remaining 8 bitcoins, so that your contract trading will never be liquidated. If there is a bull market retracement, you will get double profits in spot and ontract trading. If the price surges from 63,000 to 80,000 without falling back to 52,000, then the two bitcoins with 4x leverage in contract trading are equivalent to the 8 bitcoins you bought in the spot market, and you will not miss the market‼#BinanceHODLerBANANA #AltcoinStars #btcupdates2024
There will be a plunge showing a pin bar pattern which will liquidate the bulls after Bitcoin and Ethereum falls below 64,000 and 3,400 respectively. On daliy chart for Bitcoin and Ethereum, you can see that there are five bull candilsticks in a row, but Bitcoin hit a new high of 66,200 subsequently. ETH started to move very weakly. After Bitcoin hit a new high, the price of Ethereum was slightly flat with the previous high of 3,512, so it means that ETH did not really reach a new high, which was quite abnormal and it is likely that the buy orders below 3512 are insufficient‼ Please pay attention to this fallback from 3,500 to 3,410. ETH may plunge from 3,410 after retail investors chase the high on the upswing.#Election2024 #altcoins binance
Analysis of the market in the morning of July 18 BTC falls back after hitting $66,000, so does it mean that the beginning of a correction trend⁉ Can it give us the opportunity to enter the market with long position? This wave of rally really caught many people off guard. From my perspective, I expected Ethereum to rebound from 2,800 to 3,400, but I didn’t expect this rebound to come so suddenly. In fact, the main reason is that many people didn’t pay attention to the time nodes. Since I took profit for short order at the lowest point on July 5, I have said that the market is experiencing a wide-range oscilliation, and then when this surge began, the entire market has been experienced a wide-range oscilliation for more than 10 days. Now, as I said, the overall market of Ethereum has faced the downward pressure. There are many sell orders above 3500 since the last plunge happened after the market lured more investors to go long at 3600. There is also a pullback after ETH rebounded to 3500. It is recommended to try to follow the trend to open tradings. 1.Go long on ETH at the first support level from 3258 to 3218. 2. Go long on ETH at the second support level from 3168 to 3068. 3. Short orders with a stop-loss have higher risks‼ At the same time, put a stop-loss for short orders placed from 3530 to 3565. #altcoins binance #ElectionCampaign
I have said that the entriess given to you by myself will never disappoint each follower. Let me make a summary for the live broadcast yesterday evening. First, I published article to call for going short at 3516 the day before yesterday, and then the current price is 3430, so this psosition genrated a floating profit of nearly 100 points. Continue to hold this position. Second, those who have not entered the market can continue to go short at 3460 mentioned in my live broadcast‼ After entering the market, ETH has fallen from 3460 to 3430. In the 10-minute live broadcast, I helped everyone make a profit of 30 points during the live broadcast. I have said that I will never be a second guesser for market predcitions.#nonfarm #BinanceTournament
The entries given in the article are too much accurate, right? No one else can give such accurate entries at this time except for me, right? Is it difficult to get such accurate entries? Actually, it's not difficult, and you just need to find where the resisitance level is. If you think I'm incredibly accurate for such an easy thing, I think you really need to improve your trading skills. There is a saying goes “he laughs best who laughs last”. Those who laugh last are those who have the ability to endure loneliness and improve themselves, rather than those who dawdle all day and indulge in pleasure and luxury. If you have always dawdled outside every day, you certainly can't have such good trading skils to analyze the market movement to get such accurate entries. This is the technology and skills that I have practiced and improved over many years and days and nights. How much suffering and hardship have I endured to make me analyze the entreis so accurately. Time will tell. #nonfarm #BinanceTournament #Pce