比特币回升至97K
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比特币价格从近期回调中反弹，重回97K大关。你认为比特币接下来的走势如何？是继续反弹还是再度回调？分享你的观点！
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Bitcoin is once again approaching the crucial 100,000 mark, and Ethereum is also suddenly rising. The intense altcoin season has begun! But the wildest part hasn't arrived yet; it's expected in the next two weeks!
Here's a tip for those trading with spot assets:
The rotation of sectors in the market is actually a form of wash trading, where many retail investors chase after different sectors, constantly switching between them.
In the end, when the sector they are holding rotates back to them, they end up selling it again. Therefore, it's important to manage your portfolio properly; don't touch the long-term assets you've laid out, such as Bitcoin, Ethereum, BNB, or SOL. You can allocate 40%-50% of your portfolio for these, while using the remaining portion for short-term trading. When opportunities arise from market movements, you can follow up or switch assets as needed. This approach is suitable for most seasoned spot traders.
If you want to learn more about the cryptocurrency world and get first-hand cutting-edge information, click on my profile to follow me. I share tips on contract trading for free and provide daily points.
#比特币回升至97K #比特币今晨触及90.5K $BTC $ETH $XRP
Here's a tip for those trading with spot assets:
The rotation of sectors in the market is actually a form of wash trading, where many retail investors chase after different sectors, constantly switching between them.
In the end, when the sector they are holding rotates back to them, they end up selling it again. Therefore, it's important to manage your portfolio properly; don't touch the long-term assets you've laid out, such as Bitcoin, Ethereum, BNB, or SOL. You can allocate 40%-50% of your portfolio for these, while using the remaining portion for short-term trading. When opportunities arise from market movements, you can follow up or switch assets as needed. This approach is suitable for most seasoned spot traders.
If you want to learn more about the cryptocurrency world and get first-hand cutting-edge information, click on my profile to follow me. I share tips on contract trading for free and provide daily points.
#比特币回升至97K #比特币今晨触及90.5K $BTC $ETH $XRP
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Today's thoughts on Bingzi
This morning, Bingzi went from 98700 to 90200 in an instant. In general, the callback started at 103580. I thought Bingzi would callback in the early stage, but I thought it would directly usher in a deeper callback near the 10w integer level, because almost every time Bingzi goes extremely high, it needs a big callback to repair the market. A callback of several thousand yuan is normal, but I didn't expect it to be at 103580.
#比特币回升至97K
This morning, Bingzi went from 98700 to 90200 in an instant. In general, the callback started at 103580. I thought Bingzi would callback in the early stage, but I thought it would directly usher in a deeper callback near the 10w integer level, because almost every time Bingzi goes extremely high, it needs a big callback to repair the market. A callback of several thousand yuan is normal, but I didn't expect it to be at 103580.
#比特币回升至97K
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Hold on. A callback can be painful.
Sell it, selling too late can also be painful.
If it drops and you don’t buy, it will take off directly. Still painful.
This circle is like this, every day grinding people’s mentality. It's too hard.
However, with the current market, you can buy anything, and pigs will fly. Technical analysis is not that important anymore.
Don’t compare yourself with others, everyone has different fortunes.
Others can bear it, but you might not be able to.
In November, still talking about doubling assets by the end of the year, that’s a narrow mindset. It’s only been a month, and it’s already been achieved.
This month, you either earn more or earn less. If you lose money, reflect on yourself.
If you don’t seize this opportunity, it will be even harder to wait another four years.
Recently, I plan to ambush a potential coin that is about to explode; doubling it is still very easy. At the same time, I also plan to find some potential coins to hold until the end of the year, expecting a space of over 10 times is not a problem. If you want to follow along, watch my bamboo leaves, leave a message, follow, and like.
#比特币回升至97K #比特币今晨触及90.5K $BTC $ETH $XRP
Sell it, selling too late can also be painful.
If it drops and you don’t buy, it will take off directly. Still painful.
This circle is like this, every day grinding people’s mentality. It's too hard.
However, with the current market, you can buy anything, and pigs will fly. Technical analysis is not that important anymore.
Don’t compare yourself with others, everyone has different fortunes.
Others can bear it, but you might not be able to.
In November, still talking about doubling assets by the end of the year, that’s a narrow mindset. It’s only been a month, and it’s already been achieved.
This month, you either earn more or earn less. If you lose money, reflect on yourself.
If you don’t seize this opportunity, it will be even harder to wait another four years.
Recently, I plan to ambush a potential coin that is about to explode; doubling it is still very easy. At the same time, I also plan to find some potential coins to hold until the end of the year, expecting a space of over 10 times is not a problem. If you want to follow along, watch my bamboo leaves, leave a message, follow, and like.
#比特币回升至97K #比特币今晨触及90.5K $BTC $ETH $XRP
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Sharing of clear sailing on Friday afternoon
The price comparison of 100,000 yuan came and went quickly, and we were back to the starting point in one shot. It was originally expected that there would be a major correction next week, so that it would be easy to buy. However, the fluctuation came early and was a bit unprepared. Fortunately, our Shipan layout was in the right direction, and we also captured 1,500 in this violent correction. Point Lirun.
First, let’s express today’s point of view: The current market is showing a trend of shock and adjustment, and there are opportunities for both short-term gains and losses. Remember not to be greedy, and accept when there is profit.
Returning to the specific pan surface analysis, the rhythm still follows the shock pattern since the beginning of the week. From the perspective of comprehensive technical indicators, the violent fluctuations in currency prices have led to lagging reactions of indicators, and neither Duokong nor Duokong has achieved an effective breakthrough. However, the overall trend of the market still maintains an upward trend. On the silk road during the day, it is still recommended to take the lead after the retracement and seize the rebound opportunity.
Afternoon suggestion: around 97000-97500, look around 99900! #比特币回升至97K
The price comparison of 100,000 yuan came and went quickly, and we were back to the starting point in one shot. It was originally expected that there would be a major correction next week, so that it would be easy to buy. However, the fluctuation came early and was a bit unprepared. Fortunately, our Shipan layout was in the right direction, and we also captured 1,500 in this violent correction. Point Lirun.
First, let’s express today’s point of view: The current market is showing a trend of shock and adjustment, and there are opportunities for both short-term gains and losses. Remember not to be greedy, and accept when there is profit.
Returning to the specific pan surface analysis, the rhythm still follows the shock pattern since the beginning of the week. From the perspective of comprehensive technical indicators, the violent fluctuations in currency prices have led to lagging reactions of indicators, and neither Duokong nor Duokong has achieved an effective breakthrough. However, the overall trend of the market still maintains an upward trend. On the silk road during the day, it is still recommended to take the lead after the retracement and seize the rebound opportunity.
Afternoon suggestion: around 97000-97500, look around 99900! #比特币回升至97K
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One of the common chaos in the market
Carving horizontally, carving vertically, carving while lying down, carving while standing, carving everything they can carve... yet not putting in the effort (perhaps they also lack the ability) to seek the true essence.
#比特币回升至97K #比特币今晨触及90.5K
Carving horizontally, carving vertically, carving while lying down, carving while standing, carving everything they can carve... yet not putting in the effort (perhaps they also lack the ability) to seek the true essence.
#比特币回升至97K #比特币今晨触及90.5K
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$WIF must say this performed very well, I have often recommended it before, and today it has arrived
Also, in the continuous increase over the past two days, it broke through the upper resistance level, and now the resistance level has turned into a support level. After a slight pullback, it just happened to pull back to the support level and rebounded again, which indicates that it has firmly stood above the support level
Now there is no need to wait for a drop to enter; just get in directly at the current price around 0.54, set a good stop-loss, and we can see 3.9 above
#比特币回升至97K #ENA突破1美元
Also, in the continuous increase over the past two days, it broke through the upper resistance level, and now the resistance level has turned into a support level. After a slight pullback, it just happened to pull back to the support level and rebounded again, which indicates that it has firmly stood above the support level
Now there is no need to wait for a drop to enter; just get in directly at the current price around 0.54, set a good stop-loss, and we can see 3.9 above
#比特币回升至97K #ENA突破1美元
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BTC can make a short position tonight at the four-hour level. Pay attention to this key price level of 99476.7 for long and short positions, waiting for the next purple signal to appear for confirmation, then enter short positions. Support levels are near 93888.3-90295.8, with a profit target of 9.23%, and set the stop loss near the previous high of 104577.2.
ETH: The two-hour level is in a pullback phase. Tonight, focus on the key price level of 3886.62 for long and short positions. If it holds, and the pullback is successful, enter long positions, but the profit is limited. For those wanting to trade, be cautious, with resistance levels near 3961.91. If the two-hour pullback fails tonight and goes short, there will be profits, and the four-hour trend agrees. Support levels are near 3859.64-3786.95-3722.27.
For SOL, the two-hour level has already indicated a short entry point (purple dot) near the price of 238.59. If the trade is successful, a profit of 9.79% can be secured, with a target near 215.22, and both large and small levels align with the trading conditions. Set the stop loss near the previous high of 247.30.
BNB tonight's trend is in a consolidation phase at the 1-2 hour level. If the four-hour level cannot stay above the price of 731.65 tonight and the next purple dot signal appears, then short positions can be entered, targeting the levels near 667.12-624.30. If the four-hour level can rebound to 769.36 tonight, it would count as a successful rebound, and the long strategy would yield high profits (antenna pointing up), then look at the level near 792.74.
ETH: The two-hour level is in a pullback phase. Tonight, focus on the key price level of 3886.62 for long and short positions. If it holds, and the pullback is successful, enter long positions, but the profit is limited. For those wanting to trade, be cautious, with resistance levels near 3961.91. If the two-hour pullback fails tonight and goes short, there will be profits, and the four-hour trend agrees. Support levels are near 3859.64-3786.95-3722.27.
For SOL, the two-hour level has already indicated a short entry point (purple dot) near the price of 238.59. If the trade is successful, a profit of 9.79% can be secured, with a target near 215.22, and both large and small levels align with the trading conditions. Set the stop loss near the previous high of 247.30.
BNB tonight's trend is in a consolidation phase at the 1-2 hour level. If the four-hour level cannot stay above the price of 731.65 tonight and the next purple dot signal appears, then short positions can be entered, targeting the levels near 667.12-624.30. If the four-hour level can rebound to 769.36 tonight, it would count as a successful rebound, and the long strategy would yield high profits (antenna pointing up), then look at the level near 792.74.
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Fluctuation Range
$DOT has been hovering between $4-8 for over a year and is now attempting to break through the upper range. The previous 'Accumulation Zone' is also marked in the chart, roughly in the range of $3.7-7.8.
Current Resistance
The most critical resistance level now is $11.7. If it can break through this point, it may initiate a wave of upward momentum.
First Phase Target
After breaking through $11.7, the short-term target will be $23.41, which is a very important focus moving forward.
Upward Path Prediction
The chart indicates potential trends marked by waves, expecting that after reaching the $23 target, there will be a phase of adjustment before continuing to push towards higher targets.
Long-term Trend
If everything goes smoothly, after breaking through $23, the next high point may see $45-50, which is the potential endpoint of the fifth wave phase.
Summary:
The key in the short term is whether it can break through the $11.7 resistance; after the breakthrough, one should closely watch the $23 target. If it does not break through, it may retrace to test the support area of $3.7-7.8. From a long-term perspective, $DOT still has significant upward potential, but there may be multiple fluctuations and adjustments during the upward process.
If you are currently at a loss and don’t know what to do, you can click to follow me, tap my profile to find me anytime, and I share all contract and spot trading strategies. Just to gain followers
#比特币回升至97K #ENA突破1美元 $BTC $ETH $XRP
$DOT has been hovering between $4-8 for over a year and is now attempting to break through the upper range. The previous 'Accumulation Zone' is also marked in the chart, roughly in the range of $3.7-7.8.
Current Resistance
The most critical resistance level now is $11.7. If it can break through this point, it may initiate a wave of upward momentum.
First Phase Target
After breaking through $11.7, the short-term target will be $23.41, which is a very important focus moving forward.
Upward Path Prediction
The chart indicates potential trends marked by waves, expecting that after reaching the $23 target, there will be a phase of adjustment before continuing to push towards higher targets.
Long-term Trend
If everything goes smoothly, after breaking through $23, the next high point may see $45-50, which is the potential endpoint of the fifth wave phase.
Summary:
The key in the short term is whether it can break through the $11.7 resistance; after the breakthrough, one should closely watch the $23 target. If it does not break through, it may retrace to test the support area of $3.7-7.8. From a long-term perspective, $DOT still has significant upward potential, but there may be multiple fluctuations and adjustments during the upward process.
If you are currently at a loss and don’t know what to do, you can click to follow me, tap my profile to find me anytime, and I share all contract and spot trading strategies. Just to gain followers
#比特币回升至97K #ENA突破1美元 $BTC $ETH $XRP
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December 6 Market Analysis
1. **Bitcoin price fluctuation**:
- Bitcoin (BTC) has risen sharply recently, breaking through $100,000 at one point, but altcoins have not risen synchronously.
- At present, there are large funds in the market that are laying out put options, mainly concentrated in the range of $75,000 to $70,000, involving option expiration from the end of December to the end of January next year.
2. **Upcoming non-agricultural data**:
- Non-agricultural employment data is expected to be released at 9:30 tonight. If the data is higher than expected, it may have a negative impact on the currency circle.
- The performance of this data may affect the Fed's decision on whether to continue to suspend interest rate cuts.
3. **Microsoft shareholder vote**:
- On December 11, Microsoft shareholders will vote on whether to buy Bitcoin. Despite the support of the company's senior management, the board of directors recommends voting against it. If passed, the price of Bitcoin is expected to rise to $110,000.
4. **On-chain data analysis**:
- The inflow of stablecoins and the outflow of Bitcoin indicate that the market is currently relatively risky. Investors are advised to adopt a batch profit-taking strategy, especially when there is a recent rise.
5. **Altcoin investment advice**:
- Many altcoin prices have risen recently, and investors are advised to choose carefully. At present, they can consider holding more stable assets such as STX, BNB and ETH, and stop profits in time.
In general, the analysis emphasizes being cautious in the current market, avoiding chasing highs, taking profits in batches and participating in other stable income opportunities. #比特币回升至97K #ENA突破1美元 #加密沙皇
1. **Bitcoin price fluctuation**:
- Bitcoin (BTC) has risen sharply recently, breaking through $100,000 at one point, but altcoins have not risen synchronously.
- At present, there are large funds in the market that are laying out put options, mainly concentrated in the range of $75,000 to $70,000, involving option expiration from the end of December to the end of January next year.
2. **Upcoming non-agricultural data**:
- Non-agricultural employment data is expected to be released at 9:30 tonight. If the data is higher than expected, it may have a negative impact on the currency circle.
- The performance of this data may affect the Fed's decision on whether to continue to suspend interest rate cuts.
3. **Microsoft shareholder vote**:
- On December 11, Microsoft shareholders will vote on whether to buy Bitcoin. Despite the support of the company's senior management, the board of directors recommends voting against it. If passed, the price of Bitcoin is expected to rise to $110,000.
4. **On-chain data analysis**:
- The inflow of stablecoins and the outflow of Bitcoin indicate that the market is currently relatively risky. Investors are advised to adopt a batch profit-taking strategy, especially when there is a recent rise.
5. **Altcoin investment advice**:
- Many altcoin prices have risen recently, and investors are advised to choose carefully. At present, they can consider holding more stable assets such as STX, BNB and ETH, and stop profits in time.
In general, the analysis emphasizes being cautious in the current market, avoiding chasing highs, taking profits in batches and participating in other stable income opportunities. #比特币回升至97K #ENA突破1美元 #加密沙皇
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I predicted the prediction of the dog house, are you doubting me? #加密沙皇 #比特币回升至97K inscription core
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How is $RATS?
The rune car is slow due to the many people on board; patience is key!
Brothers, recently the rune car has indeed been a bit 'congested', but this is a common phenomenon in a bull market. The potential of $RATS has not been fully released yet, and Tian Ge is optimistic about its upcoming upward space! 🚀
For those who are already on board: Hold steady, the rune sector is known to suddenly take off, and the explosive power is amazing!
For friends who are still watching: You can buy in at dips; don’t miss out on this possible opportunity to double your investment!
Our rune car isn’t going slow; it’s accumulating power to accelerate! Remember: The best performances always come after patient waiting! Looking forward to $RATS bringing more surprises to everyone! 🔥
#比特币回升至97K #ENA突破1美元
The rune car is slow due to the many people on board; patience is key!
Brothers, recently the rune car has indeed been a bit 'congested', but this is a common phenomenon in a bull market. The potential of $RATS has not been fully released yet, and Tian Ge is optimistic about its upcoming upward space! 🚀
For those who are already on board: Hold steady, the rune sector is known to suddenly take off, and the explosive power is amazing!
For friends who are still watching: You can buy in at dips; don’t miss out on this possible opportunity to double your investment!
Our rune car isn’t going slow; it’s accumulating power to accelerate! Remember: The best performances always come after patient waiting! Looking forward to $RATS bringing more surprises to everyone! 🔥
#比特币回升至97K #ENA突破1美元
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Replacing gold is just the first step; the ultimate goal of Bitcoin is to replace all fiat currencies globally and unify the world's currency!
At that time, we will pay with Bitcoin by scanning QR codes on our phones. Whether you use Binance, WeChat, Alipay, Cloud Flash Payment, or various bank apps, the payment and transfer will be in Bitcoin.
Governments can also issue paper money pegged to Bitcoin for everyday payments, which you can exchange 1:1 for Bitcoin at the bank at any time.
Of course, you can also decentralize and self-custody your Bitcoin, such as with a cold wallet, only transferring small amounts to centralized institutions like WeChat for consumption.
Therefore, Bitcoin is not just digital gold; it is also digital currency, ending the current financial system's tripartite division of power among gold, the US dollar, and the Chinese yuan. It unifies global finance, consolidates value reserves and everyday consumption, with the ultimate goal of becoming the universal currency of the universe!
After Musk immigrates to Mars, he establishes Bitcoin mining farms on Mars, trading with Bitcoin and Earth, making Bitcoin an interstellar currency and taking another step toward becoming a universal currency!
$BTC #比特币回升至97K
Microsoft
At that time, we will pay with Bitcoin by scanning QR codes on our phones. Whether you use Binance, WeChat, Alipay, Cloud Flash Payment, or various bank apps, the payment and transfer will be in Bitcoin.
Governments can also issue paper money pegged to Bitcoin for everyday payments, which you can exchange 1:1 for Bitcoin at the bank at any time.
Of course, you can also decentralize and self-custody your Bitcoin, such as with a cold wallet, only transferring small amounts to centralized institutions like WeChat for consumption.
Therefore, Bitcoin is not just digital gold; it is also digital currency, ending the current financial system's tripartite division of power among gold, the US dollar, and the Chinese yuan. It unifies global finance, consolidates value reserves and everyday consumption, with the ultimate goal of becoming the universal currency of the universe!
After Musk immigrates to Mars, he establishes Bitcoin mining farms on Mars, trading with Bitcoin and Earth, making Bitcoin an interstellar currency and taking another step toward becoming a universal currency!
$BTC #比特币回升至97K
Microsoft
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Friday's third short line, enter at 97900, exit at 98600, 700 points, 2000u into the account!
Do short-term trading, take profit, simple and easy!
Last week, I entered with 1wu, and up to now it has reached 2.7wu, still breaking new ground!
Your perspective determines your level! Standing on the 1st floor and the 88th floor, what you see is completely different, one sky and one earth! #比特币回升至97K #加密沙皇 #历史见证者打卡
Do short-term trading, take profit, simple and easy!
Last week, I entered with 1wu, and up to now it has reached 2.7wu, still breaking new ground!
Your perspective determines your level! Standing on the 1st floor and the 88th floor, what you see is completely different, one sky and one earth! #比特币回升至97K #加密沙皇 #历史见证者打卡
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December 6 XRP Price Analysis!
In the cryptocurrency world, Ripple's $XRP is facing a delicate period, with its price having fallen to $2.30, entering a correction range.
However, it is noteworthy that in the past week, XRP has surged over 50%, currently consolidating at a high level above the peak of the 2021 bull market.
Today, its price is showing a sideways fluctuation, which is particularly common after previous increases. Although XRP has retreated from recent highs, it is still close to the starting point of this round of increases, indicating that its potential remains.
XRP is currently in the third wave of an overall bull market, which includes several smaller fluctuations. We are closely monitoring these subtle changes.
Right now, XRP may be in the fourth wave of this structure's adjustment, but the overall upward trend has not ended. Although there is a possibility of a deeper adjustment, the market's focus remains on higher price levels.
It is still unclear whether a large-scale adjustment has begun, but I am keeping a close eye on key support levels.
If the XRP price experiences a pullback, it may find support between $1.15 and $1.79, but this prediction remains uncertain.
XRP seems to be in an adjustment phase, which may mean it will undergo sideways consolidation or a more evident pullback.
Adjustment periods are often accompanied by market indecision, so we may see frequent price fluctuations, but the trend remains unclear.
If the XRP price can continue to rise, its next target price will point to the range of $3.20 to $3.30 (previous highs), and it may even aim for $4.20. However, whether this round of gains can be sustained depends on whether the support levels hold and if the upward momentum is strong enough.
In a shorter time frame, XRP's support levels are between $2.33 and $2.06, with $2.21 being an additional support point.
Currently, there has not been a significant impulsive price reaction in the market, so it remains in an uncertain state. The price of XRP may form a triangular consolidation pattern, maintaining sideways fluctuations for a period until a clear breakout direction emerges.
For more valuable insights in the cryptocurrency world, tap the profile picture to follow me.
$BTC $ETH
#新任SEC主席 #比特币回升至97K #加密沙皇 #山寨币市场观察 #DOGE狂潮
In the cryptocurrency world, Ripple's $XRP is facing a delicate period, with its price having fallen to $2.30, entering a correction range.
However, it is noteworthy that in the past week, XRP has surged over 50%, currently consolidating at a high level above the peak of the 2021 bull market.
Today, its price is showing a sideways fluctuation, which is particularly common after previous increases. Although XRP has retreated from recent highs, it is still close to the starting point of this round of increases, indicating that its potential remains.
XRP is currently in the third wave of an overall bull market, which includes several smaller fluctuations. We are closely monitoring these subtle changes.
Right now, XRP may be in the fourth wave of this structure's adjustment, but the overall upward trend has not ended. Although there is a possibility of a deeper adjustment, the market's focus remains on higher price levels.
It is still unclear whether a large-scale adjustment has begun, but I am keeping a close eye on key support levels.
If the XRP price experiences a pullback, it may find support between $1.15 and $1.79, but this prediction remains uncertain.
XRP seems to be in an adjustment phase, which may mean it will undergo sideways consolidation or a more evident pullback.
Adjustment periods are often accompanied by market indecision, so we may see frequent price fluctuations, but the trend remains unclear.
If the XRP price can continue to rise, its next target price will point to the range of $3.20 to $3.30 (previous highs), and it may even aim for $4.20. However, whether this round of gains can be sustained depends on whether the support levels hold and if the upward momentum is strong enough.
In a shorter time frame, XRP's support levels are between $2.33 and $2.06, with $2.21 being an additional support point.
Currently, there has not been a significant impulsive price reaction in the market, so it remains in an uncertain state. The price of XRP may form a triangular consolidation pattern, maintaining sideways fluctuations for a period until a clear breakout direction emerges.
For more valuable insights in the cryptocurrency world, tap the profile picture to follow me.
$BTC $ETH
#新任SEC主席 #比特币回升至97K #加密沙皇 #山寨币市场观察 #DOGE狂潮
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Ethereum has returned to $3900,
only about 30 points away from its peak,
while Bitcoin is still over 4000 points away from its peak,
so Ethereum is still relatively strong.
Next, we'll see Ethereum's performance,
there are still many opportunities in altcoins,
every crash is an opportunity!
It just depends on whether you can seize it!
$SOL $BNB
#比特币回升至97K #ENA突破1美元 #加密沙皇 #SUI市场新焦点 #历史见证者打卡
The above content represents personal views only and does not constitute any investment advice!
only about 30 points away from its peak,
while Bitcoin is still over 4000 points away from its peak,
so Ethereum is still relatively strong.
Next, we'll see Ethereum's performance,
there are still many opportunities in altcoins,
every crash is an opportunity!
It just depends on whether you can seize it!
$SOL $BNB
#比特币回升至97K #ENA突破1美元 #加密沙皇 #SUI市场新焦点 #历史见证者打卡
The above content represents personal views only and does not constitute any investment advice!
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A drop of 14,000 points in one night, closing at 7,000 points. I am becoming more and more disappointed with this market. It was said that technical analysis accounted for 30%, but now I feel it is about 10%. There are too many false breakdowns and false breakthroughs, the games between institutions and countries, and the slaughter of retail investors by institutions. Small retail investors who lack technical skills or market experience are often left confused when they get buried. Let me advise you again to focus on spot trading.
If you like contracts, enjoy studying market trends, and researching technology, click on my avatar. I have years of experience and skills in the cryptocurrency space and will share them for free. I’m waiting for you in the community, always online, welcome to discuss and improve together.
#比特币回升至97K #ENA突破1美元 $BTC $ETH $XRP
If you like contracts, enjoy studying market trends, and researching technology, click on my avatar. I have years of experience and skills in the cryptocurrency space and will share them for free. I’m waiting for you in the community, always online, welcome to discuss and improve together.
#比特币回升至97K #ENA突破1美元 $BTC $ETH $XRP
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#比特币回升至97K $BTC $ETH Last night, I don't know how many brothers blew up their accounts. For me, it was just a small loss on one trade. This is about strictly controlling the profit-loss ratio, setting take profit and stop loss points. Right is right, wrong is wrong! You can only keep taking profits and not keep losing, because of personal habits, I set a trailing take profit but do not set a trailing stop loss!
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Why has China not opened up cryptocurrency trading?
China's strict restrictions on cryptocurrency trading have multiple reasons, which are related to national strategy and economic management, as well as risk control and social stability. Here are several key reasons:
1. Priority on Financial Stability
The Chinese government places a high priority on the stability of the economy and financial system. The price volatility of cryptocurrencies is extremely high, and if the trading market overheats, it may lead to speculative behavior spreading, threatening the overall security of the financial system.
2. Control of Capital Outflow
Cryptocurrency trading provides a convenient channel for capital outflow. China has been striving to prevent funds from flowing out of the country through illegal or uncontrollable means, and cryptocurrencies, due to their decentralized and hard-to-trace nature, can easily become tools to bypass capital controls.
3. Combating Illegal Activities
Cryptocurrency trading can easily be used for illegal activities such as money laundering, fraud, and terrorist financing. The Chinese government attempts to reduce these potential criminal risks by banning exchanges and ICOs (Initial Coin Offerings).
4. Development of Central Bank Digital Currency (CBDC)
China was the first in the world to launch a central bank digital currency (digital yuan, DCEP) to strengthen control over currency issuance and circulation. If cryptocurrency trading were allowed freely, it could compete with the digital yuan, undermining the central bank's monetary policy tools.
5. Skepticism About Lack of Physical Support
The Chinese government is cautious about assets (such as Bitcoin) that lack physical support or intrinsic value. Although blockchain technology is widely recognized, the government prefers it to be used to promote the real economy rather than speculative asset trading.
6. Protecting Ordinary Investors
Due to the extreme volatility of the cryptocurrency market and the lack of regulation, ordinary investors can suffer significant losses in irrational market frenzy. The Chinese government believes that banning cryptocurrency trading is to protect the public's interests.
What are the possible future directions?
Although China has a prohibitive stance on cryptocurrency trading, it does not deny the value of blockchain technology. On a technical level, China is actively promoting blockchain innovation and has made significant progress in some areas.
If you are not able to filter strong coins, then I suggest you pay attention to me.
#比特币回升至97K #ENA突破1美元 $BTC $ETH $XRP
China's strict restrictions on cryptocurrency trading have multiple reasons, which are related to national strategy and economic management, as well as risk control and social stability. Here are several key reasons:
1. Priority on Financial Stability
The Chinese government places a high priority on the stability of the economy and financial system. The price volatility of cryptocurrencies is extremely high, and if the trading market overheats, it may lead to speculative behavior spreading, threatening the overall security of the financial system.
2. Control of Capital Outflow
Cryptocurrency trading provides a convenient channel for capital outflow. China has been striving to prevent funds from flowing out of the country through illegal or uncontrollable means, and cryptocurrencies, due to their decentralized and hard-to-trace nature, can easily become tools to bypass capital controls.
3. Combating Illegal Activities
Cryptocurrency trading can easily be used for illegal activities such as money laundering, fraud, and terrorist financing. The Chinese government attempts to reduce these potential criminal risks by banning exchanges and ICOs (Initial Coin Offerings).
4. Development of Central Bank Digital Currency (CBDC)
China was the first in the world to launch a central bank digital currency (digital yuan, DCEP) to strengthen control over currency issuance and circulation. If cryptocurrency trading were allowed freely, it could compete with the digital yuan, undermining the central bank's monetary policy tools.
5. Skepticism About Lack of Physical Support
The Chinese government is cautious about assets (such as Bitcoin) that lack physical support or intrinsic value. Although blockchain technology is widely recognized, the government prefers it to be used to promote the real economy rather than speculative asset trading.
6. Protecting Ordinary Investors
Due to the extreme volatility of the cryptocurrency market and the lack of regulation, ordinary investors can suffer significant losses in irrational market frenzy. The Chinese government believes that banning cryptocurrency trading is to protect the public's interests.
What are the possible future directions?
Although China has a prohibitive stance on cryptocurrency trading, it does not deny the value of blockchain technology. On a technical level, China is actively promoting blockchain innovation and has made significant progress in some areas.
If you are not able to filter strong coins, then I suggest you pay attention to me.
#比特币回升至97K #ENA突破1美元 $BTC $ETH $XRP
See original
$SOL
Brothers, today let's talk about Solana (SOL) this cryptocurrency!
#加密沙皇
Do you know that SOL ranks fifth in global market capitalization? And this guy is gearing up to rise!
Why do I say that? Because SOL has formed a bullish price pattern in the past few hours, almost like it's telling the world: "I'm going to rise, you better watch out!"
It also broke through a bearish head and shoulders pattern earlier, which has put the bears in a tough spot, trapped tightly.
Let's take a look at the technical analysis. Today is December 5, 2024, and SOL has already broken through today's descending trend line, heading towards its historical high. This breakout is quite aggressive!
The four-hour candlestick chart has closed above the $240 resistance level. Some experts say that SOL might rise another 10%, possibly reaching $265 by tomorrow!
Additionally, SOL has been trading above the 200 Exponential Moving Average (EMA) for four hours, indicating it is currently in an upward trend. Looking at the Relative Strength Index (RSI), it is at 55, not yet in the overbought area, so SOL still has room to rise.
It's not just technical analysis that suggests this; on-chain indicators also support the rise of SOL. An on-chain analytics company called Coinglass reported that the long-short ratio for SOLUSDT on Binance is 4.61, indicating that traders are generally optimistic.
I checked, and 82.17% of large traders on Binance hold long positions, while only 17.83% hold short positions. It seems everyone is very confident in SOL!
Currently, the price of SOL is close to $240, having risen 3.5% in the past 24 hours, with trading volume increasing by 8.5%. Although the reaction from traders and investors to this breakout is not very enthusiastic, the potential of SOL is significant.
So, friends, if you are interested in SOL, you better keep a close eye on it! #比特币回升至97K #DOGE狂潮 #美国合规概念币走扬
Don't be like a headless fly bumping around everywhere. If you want to make big money in a bull market, like + comment, and I'll take you to layout the entire bull market and seize the opportunities together!
$BTC $XRP
Brothers, today let's talk about Solana (SOL) this cryptocurrency!
#加密沙皇
Do you know that SOL ranks fifth in global market capitalization? And this guy is gearing up to rise!
Why do I say that? Because SOL has formed a bullish price pattern in the past few hours, almost like it's telling the world: "I'm going to rise, you better watch out!"
It also broke through a bearish head and shoulders pattern earlier, which has put the bears in a tough spot, trapped tightly.
Let's take a look at the technical analysis. Today is December 5, 2024, and SOL has already broken through today's descending trend line, heading towards its historical high. This breakout is quite aggressive!
The four-hour candlestick chart has closed above the $240 resistance level. Some experts say that SOL might rise another 10%, possibly reaching $265 by tomorrow!
Additionally, SOL has been trading above the 200 Exponential Moving Average (EMA) for four hours, indicating it is currently in an upward trend. Looking at the Relative Strength Index (RSI), it is at 55, not yet in the overbought area, so SOL still has room to rise.
It's not just technical analysis that suggests this; on-chain indicators also support the rise of SOL. An on-chain analytics company called Coinglass reported that the long-short ratio for SOLUSDT on Binance is 4.61, indicating that traders are generally optimistic.
I checked, and 82.17% of large traders on Binance hold long positions, while only 17.83% hold short positions. It seems everyone is very confident in SOL!
Currently, the price of SOL is close to $240, having risen 3.5% in the past 24 hours, with trading volume increasing by 8.5%. Although the reaction from traders and investors to this breakout is not very enthusiastic, the potential of SOL is significant.
So, friends, if you are interested in SOL, you better keep a close eye on it! #比特币回升至97K #DOGE狂潮 #美国合规概念币走扬
Don't be like a headless fly bumping around everywhere. If you want to make big money in a bull market, like + comment, and I'll take you to layout the entire bull market and seize the opportunities together!
$BTC $XRP
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