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Today’s market correction is revealed: four major reasons are exposed, and market turbulence is inevitable!
Today’s market correction is not accidental, but the result of a combination of factors:
Weak profitability of retail investors: The profitability of retail investors has dropped significantly this year. In the face of volatile market conditions, it has become normal to take profits after rising for several days.
All the good news from Powell’s speech has been digested: Powell’s remarks last Friday once boosted the market, but the related good news has been basically digested by the market and failed to continue to drive the rally.
Selling pressure in the Mentougou incident: The selling pressure of tens of thousands of BTC has exerted a strong suppression on the price of Bitcoin. When it is close to 65,000 US dollars, the market decline is almost inevitable.
Data and big investors wait and see: Big investors are worried about the rebound in inflation, which is why I have chosen to take profits recently. The influence of market data cannot be underestimated, and it is wise to operate with caution.
Follow Lao Chen, we will continue to track market dynamics, analyze the underlying reasons behind the market trends, and provide strong support for your investment decisions!
#美联储何时降息？ #美国CPI数据连续第4个月回落 #MtGox钱包动态 #vite #VIDT $DOGS $REI $GFT
Today’s market correction is not accidental, but the result of a combination of factors:
Weak profitability of retail investors: The profitability of retail investors has dropped significantly this year. In the face of volatile market conditions, it has become normal to take profits after rising for several days.
All the good news from Powell’s speech has been digested: Powell’s remarks last Friday once boosted the market, but the related good news has been basically digested by the market and failed to continue to drive the rally.
Selling pressure in the Mentougou incident: The selling pressure of tens of thousands of BTC has exerted a strong suppression on the price of Bitcoin. When it is close to 65,000 US dollars, the market decline is almost inevitable.
Data and big investors wait and see: Big investors are worried about the rebound in inflation, which is why I have chosen to take profits recently. The influence of market data cannot be underestimated, and it is wise to operate with caution.
Follow Lao Chen, we will continue to track market dynamics, analyze the underlying reasons behind the market trends, and provide strong support for your investment decisions!
#美联储何时降息？ #美国CPI数据连续第4个月回落 #MtGox钱包动态 #vite #VIDT $DOGS $REI $GFT
Super cent 💯✅ $VITE /USDT – Massive Drop! Rebound or More Pain?
VITE is currently at $0.00455, crashing -42.62% in the last session. The price hit a low of $0.00415 and a high of $0.00794, showing extreme volatility. With 1.69B VITE traded (8.29M USDT), the market is reacting sharply.
📊 Key Levels:
🔹 Resistance: $0.00481, $0.00505, $0.00530
🔹 Support: $0.00415, $0.00400, $0.00380
📈 Long (Buy) Targets:
1️⃣ $0.00481 – Recovery attempt
2️⃣ $0.00505 – Momentum confirmation
3️⃣ $0.00530 – Strong bullish push
📉 Short (Sell) Targets:
1️⃣ $0.00415 – Testing key support
2️⃣ $0.00400 – Breakdown risk
3️⃣ $0.00380 – Bearish continuation
A rebound above $0.00481 could bring some relief, while dropping below $0.00415 may trigger further downside. Trade cautiously! ⚡📉
#Vite #BNBChainMeme #TraderProfile
VITE is currently at $0.00455, crashing -42.62% in the last session. The price hit a low of $0.00415 and a high of $0.00794, showing extreme volatility. With 1.69B VITE traded (8.29M USDT), the market is reacting sharply.
📊 Key Levels:
🔹 Resistance: $0.00481, $0.00505, $0.00530
🔹 Support: $0.00415, $0.00400, $0.00380
📈 Long (Buy) Targets:
1️⃣ $0.00481 – Recovery attempt
2️⃣ $0.00505 – Momentum confirmation
3️⃣ $0.00530 – Strong bullish push
📉 Short (Sell) Targets:
1️⃣ $0.00415 – Testing key support
2️⃣ $0.00400 – Breakdown risk
3️⃣ $0.00380 – Bearish continuation
A rebound above $0.00481 could bring some relief, while dropping below $0.00415 may trigger further downside. Trade cautiously! ⚡📉
#Vite #BNBChainMeme #TraderProfile
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“A Legacy for Tomorrow”
In a changing world, it is time to rethink the legacy we will leave to our children. Just like a beautiful house that is passed down from generation to generation, a wise investment today could offer a more peaceful future to those who will come after us.
Imagine buying a little cryptocurrency today and then forgetting about it. Letting this asset grow, just like a house that increases in value over time. One day, our children could discover that this investment, made with vision and patience, has become a precious legacy.
Just like this house that symbolizes comfort and security, a small gesture today could make a big difference tomorrow. Think about the future, think about crypto. #vite #bitcoin $VITE
In a changing world, it is time to rethink the legacy we will leave to our children. Just like a beautiful house that is passed down from generation to generation, a wise investment today could offer a more peaceful future to those who will come after us.
Imagine buying a little cryptocurrency today and then forgetting about it. Letting this asset grow, just like a house that increases in value over time. One day, our children could discover that this investment, made with vision and patience, has become a precious legacy.
Just like this house that symbolizes comfort and security, a small gesture today could make a big difference tomorrow. Think about the future, think about crypto. #vite #bitcoin $VITE
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Phala Network (PHA) coin revealed: Exploring the potential of the next 100x coin!
Phala Network Introduction
The Phala Network combines the power required to build complex modern applications with the decentralized trust and transparency features of blockchain, allowing users to provide computing power and earn returns. These users are called "workers."
The network also allows "client" developers to integrate their applications into the Phala network and provide a pre-built low-code experience using templates. It connects dApps to external APIs, stores data on any platform, performs complex calculations, and can even automatically execute smart contract functions based on real-time data.
The Phala Network combines the power required to build complex modern applications with the decentralized trust and transparency features of blockchain, allowing users to provide computing power and earn returns. These users are called "workers."
The network also allows "client" developers to integrate their applications into the Phala network and provide a pre-built low-code experience using templates. It connects dApps to external APIs, stores data on any platform, performs complex calculations, and can even automatically execute smart contract functions based on real-time data.
🚀 $VITE Trading Signal 🚀
💹 Bullish Scenario: VITE is currently trading at $0.020503, up +31.33% in the past 24 hours with strong momentum. If the price sustains above the $0.0200 mark, it could aim for $0.0230 and potentially $0.0250 resistance levels. Spot traders might consider accumulating here.
💹Bearish Scenario: Should VITE fail to maintain support at $0.0200, it could retrace to $0.0180 or even retest $0.0155 (24h low). Spot traders may wait for a dip to buy.
🍼Spot Trader: Click Here 👉$VITE
📊 VITE Market Analysis
VITE has shown impressive growth recently, with a +31.33% gain in the past 24 hours and a remarkable +97.23% increase over the past 30 days. This surge is backed by a solid 24-hour trading volume of $28.16M USD, indicating strong interest and activity in the market. While the current price is far from its all-time high of $0.348622, VITE is building positive momentum that traders may want to capitalize on.
Its popularity rank at #956 and a market cap of $22.71M USD suggest potential for further growth in both the short and long term, especially if broader market conditions remain favorable. VITE’s circulating supply of 1.11B ensures liquidity, making it an attractive option spot traders.
Take advantage of these trading opportunities, but remember: the crypto market is highly volatile, and strategies should always align with your risk tolerance.
#MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M #BinanceLaunchpoolVANA #BinanceListsVelodrome #VITE
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If you found this helpful, send a tip by clicking the $ icon below to support more valuable signals and insights.
💹 Bullish Scenario: VITE is currently trading at $0.020503, up +31.33% in the past 24 hours with strong momentum. If the price sustains above the $0.0200 mark, it could aim for $0.0230 and potentially $0.0250 resistance levels. Spot traders might consider accumulating here.
💹Bearish Scenario: Should VITE fail to maintain support at $0.0200, it could retrace to $0.0180 or even retest $0.0155 (24h low). Spot traders may wait for a dip to buy.
🍼Spot Trader: Click Here 👉$VITE
📊 VITE Market Analysis
VITE has shown impressive growth recently, with a +31.33% gain in the past 24 hours and a remarkable +97.23% increase over the past 30 days. This surge is backed by a solid 24-hour trading volume of $28.16M USD, indicating strong interest and activity in the market. While the current price is far from its all-time high of $0.348622, VITE is building positive momentum that traders may want to capitalize on.
Its popularity rank at #956 and a market cap of $22.71M USD suggest potential for further growth in both the short and long term, especially if broader market conditions remain favorable. VITE’s circulating supply of 1.11B ensures liquidity, making it an attractive option spot traders.
Take advantage of these trading opportunities, but remember: the crypto market is highly volatile, and strategies should always align with your risk tolerance.
#MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M #BinanceLaunchpoolVANA #BinanceListsVelodrome #VITE
❤️ Like This Info?
If you found this helpful, send a tip by clicking the $ icon below to support more valuable signals and insights.
Important Anounncement
$VDAO Token Airdrop to $VITE holders (1:1 ratio).
In a strategic move to amplify community engagement within the Vite ecosystem projects.
Vite DAO unveils a transformative proposal introducing the $VDAO token.
read more..
https://medium.com/vitelabs/vite-dao-proposal-for-vdao-token-airdrop-6da5bf905ed7
#Bitcoin #XRP #web3 #vite #vitelabs
$VDAO Token Airdrop to $VITE holders (1:1 ratio).
In a strategic move to amplify community engagement within the Vite ecosystem projects.
Vite DAO unveils a transformative proposal introducing the $VDAO token.
read more..
https://medium.com/vitelabs/vite-dao-proposal-for-vdao-token-airdrop-6da5bf905ed7
#Bitcoin #XRP #web3 #vite #vitelabs
$VITE
A lucrative trading prospect has arisen for $VITE /USDT, with a precisely defined entry range of $0.01290 to $0.01310. This compact range presents a favorable risk-reward ratio, enabling traders to capitalize on potential upward trajectory. The objective price is set at $0.01350, representing a moderate yet attainable gain. To mitigate risk effectively, a stop-loss order should be positioned at $0.01250, limiting potential drawbacks. Traders are advised to closely monitor market conditions and adjust their strategies accordingly. With meticulous planning and execution, this trade has the potential to yield a profitable result. By establishing clear objectives and stop-losses, traders can navigate the market with assurance and accuracy.
#DOJBTCAuction #Vite
A lucrative trading prospect has arisen for $VITE /USDT, with a precisely defined entry range of $0.01290 to $0.01310. This compact range presents a favorable risk-reward ratio, enabling traders to capitalize on potential upward trajectory. The objective price is set at $0.01350, representing a moderate yet attainable gain. To mitigate risk effectively, a stop-loss order should be positioned at $0.01250, limiting potential drawbacks. Traders are advised to closely monitor market conditions and adjust their strategies accordingly. With meticulous planning and execution, this trade has the potential to yield a profitable result. By establishing clear objectives and stop-losses, traders can navigate the market with assurance and accuracy.
#DOJBTCAuction #Vite
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TROY successfully captured 1200 points!
The community detected a continuous increase in the selling volume on the troy chain, and at the same time, it detected that there are large whales selling in bulk. Technically, the MACD has formed a death cross while the demand for small cycle declines is very obvious!
So, together with the brothers in the community, after setting the take profit and stop loss, we timely shorted troy!
Once shorted, it's done! It must go down as it came up!
The next position is already prepared and waiting for the right time!
#velodrome #FIRO #MDT #vite #Blur $USUAL $TROY $ETH
The community detected a continuous increase in the selling volume on the troy chain, and at the same time, it detected that there are large whales selling in bulk. Technically, the MACD has formed a death cross while the demand for small cycle declines is very obvious!
So, together with the brothers in the community, after setting the take profit and stop loss, we timely shorted troy!
Once shorted, it's done! It must go down as it came up!
The next position is already prepared and waiting for the right time!
#velodrome #FIRO #MDT #vite #Blur $USUAL $TROY $ETH
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Saga (SAGA) coin full analysis: Will it be the next dark horse in crypto? Find out its potential and future!
Saga (SAGA) — Binance Launchpool 51, a blockchain project that will expand infinitely for developers!
What is Saga (SAGA)?
Saga is a Layer 1 blockchain network designed for developers, built on the Cosmos SDK. Its core goal is to provide a highly scalable and customizable blockchain infrastructure, particularly suitable for decentralized finance (DeFi) and Web3 gaming industries.
The highlight of Saga is its unique "Chainlet" architecture, which allows developers to create independent decentralized applications (DApps) that are independent of virtual machines (VMs). Each "Chainlet" can not only run independently, but also enjoy the security and verification support of the Saga L1 network.
What is Saga (SAGA)?
Saga is a Layer 1 blockchain network designed for developers, built on the Cosmos SDK. Its core goal is to provide a highly scalable and customizable blockchain infrastructure, particularly suitable for decentralized finance (DeFi) and Web3 gaming industries.
The highlight of Saga is its unique "Chainlet" architecture, which allows developers to create independent decentralized applications (DApps) that are independent of virtual machines (VMs). Each "Chainlet" can not only run independently, but also enjoy the security and verification support of the Saga L1 network.
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8.27 Seniors’ lunch BTC prediction
1. K-line pattern and market overview analysis
Judging from the 1-hour K-line chart of BTC/USDT, the overall trend of BTC in yesterday's trading was relatively volatile. After experiencing a short-term surge to 65175.4 USDT, the price gradually fell back and is currently fluctuating around 63006.5 USDT.
Yesterday's performance review: Yesterday, BTC tested above 65,000 USDT several times, but failed to hold steady, and then fell back to around 63,000 USDT. Market sentiment tends to be cautious, and the upside in the short term seems limited.
Market psychology: When the market is close to 65,000 USDT, the bulls lack momentum and some investors choose to take profits after repeated attempts to push higher. This shows that the current resistance level is strong and the market may enter a short-term shock consolidation phase.
Judging from the 1-hour K-line chart of BTC/USDT, the overall trend of BTC in yesterday's trading was relatively volatile. After experiencing a short-term surge to 65175.4 USDT, the price gradually fell back and is currently fluctuating around 63006.5 USDT.
Yesterday's performance review: Yesterday, BTC tested above 65,000 USDT several times, but failed to hold steady, and then fell back to around 63,000 USDT. Market sentiment tends to be cautious, and the upside in the short term seems limited.
Market psychology: When the market is close to 65,000 USDT, the bulls lack momentum and some investors choose to take profits after repeated attempts to push higher. This shows that the current resistance level is strong and the market may enter a short-term shock consolidation phase.
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$VITE can also be called a wallet application that provides free service and contains a decentralized exchange.
In fact, it offers the decentralized stock exchange experience to users in the simplest way with the #vite wallet application...
It also contains many tokens specific to the Vite ecosystem listed on the stock exchange...
In fact, it offers the decentralized stock exchange experience to users in the simplest way with the #vite wallet application...
It also contains many tokens specific to the Vite ecosystem listed on the stock exchange...
$VITE
VITE on fire! 6.5% pump in the last 24 hours. Is this the start of a new bull run?
VITE is heating up! 24h high of $0.01323. Could this be the breakout we've been waiting for?
VITE is looking bullish! MACD is crossing above the signal line. Is this the start of a new uptrend?
Longer and more detailed:
VITE is showing incredible strength! The price has surged 6.5% in the last 24 hours, reaching a high of $0.01323. The 24-hour volume is also impressive at 275.16M VITE. The MACD is crossing above the signal line, which is a bullish indicator. Is this the start of a new bull run for VITE?
VITE is on the move! The price has broken above the resistance level of $0.0125 and is now retesting it as support. The MACD is also showing bullish momentum. If VITE can hold above $0.0125, we could see a move to the next resistance level at $0.0140.
VITE is looking strong! The price has been consolidating in a range for the past few days, but it looks like it's ready to break out to the upside. The MACD is starting to turn bullish, and the RSI is also showing bullish momentum. If VITE can break above the resistance level at $0.0130, we could see a move to the next resistance level at $0.0140.
Call to action:
Don't miss out on the VITE rally! Buy now and get ready for the ride!
VITE is looking bullish! Now is the time to buy and hold!
VITE is on fire! Buy now before it's too late
#VITEARMY
#ViteX
#Viteusdt
#VITE
#VITEUSD
VITE on fire! 6.5% pump in the last 24 hours. Is this the start of a new bull run?
VITE is heating up! 24h high of $0.01323. Could this be the breakout we've been waiting for?
VITE is looking bullish! MACD is crossing above the signal line. Is this the start of a new uptrend?
Longer and more detailed:
VITE is showing incredible strength! The price has surged 6.5% in the last 24 hours, reaching a high of $0.01323. The 24-hour volume is also impressive at 275.16M VITE. The MACD is crossing above the signal line, which is a bullish indicator. Is this the start of a new bull run for VITE?
VITE is on the move! The price has broken above the resistance level of $0.0125 and is now retesting it as support. The MACD is also showing bullish momentum. If VITE can hold above $0.0125, we could see a move to the next resistance level at $0.0140.
VITE is looking strong! The price has been consolidating in a range for the past few days, but it looks like it's ready to break out to the upside. The MACD is starting to turn bullish, and the RSI is also showing bullish momentum. If VITE can break above the resistance level at $0.0130, we could see a move to the next resistance level at $0.0140.
Call to action:
Don't miss out on the VITE rally! Buy now and get ready for the ride!
VITE is looking bullish! Now is the time to buy and hold!
VITE is on fire! Buy now before it's too late
#VITEARMY
#ViteX
#Viteusdt
#VITE
#VITEUSD
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Ethereum fluctuates and hovers, can the key support be maintained? ——Analysis of ETH market on August 30
Daily Line Analysis
As of August 30, the price of Ethereum (ETH) was $2,526. The daily chart shows that after Ethereum fell below the important support level of $2,700, the price has been fluctuating between $2,500 and $2,600. The upper resistance is large and it is difficult to break through the $2,700 mark in the short term.
Currently, the MA10 (yellow) and MA30 (pink) moving averages continue to move downward, and are located near $2,600 and $2,700 respectively, suppressing the upward space. In the MACD indicator, the red bar chart gradually shrinks, and the fast and slow lines continue to diverge downward below the zero axis, indicating that the market short-selling force is still dominant.
As of August 30, the price of Ethereum (ETH) was $2,526. The daily chart shows that after Ethereum fell below the important support level of $2,700, the price has been fluctuating between $2,500 and $2,600. The upper resistance is large and it is difficult to break through the $2,700 mark in the short term.
Currently, the MA10 (yellow) and MA30 (pink) moving averages continue to move downward, and are located near $2,600 and $2,700 respectively, suppressing the upward space. In the MACD indicator, the red bar chart gradually shrinks, and the fast and slow lines continue to diverge downward below the zero axis, indicating that the market short-selling force is still dominant.
#Vite
BitScreener suggests an average trading price of $0.005685 for February 2025, with a potential low of $0.003837 and a high of $0.01276
$VITE
BitScreener suggests an average trading price of $0.005685 for February 2025, with a potential low of $0.003837 and a high of $0.01276
$VITE
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